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SOFCO

Active Private limited companyfounded 2022active for 4 yearsHollandsveldlaan 35, 3500 HasseltKBO/BCE: BE 0783.648.944

Lifetime

4 annual accounts with figures on one time axis
peak €6,040 (2024)
€1,878▼ 68.9%
lowest -€2,783 (2023)
-€277▼ €5,299
peak €5,388 (2024)
€5,112▼ 5.1%
€9,106▲ 124%
Board3 names since 2022
1 directorLeo COX
Documentsfilings and deeds
01-09-202632 days late
2025micro format
Gross margin from €6,040 to €1,878Loss of €277Debts from €4,068 to €9,106Cash from €5,105 to €11,508

Key points

from the 2025 annual accounts

Turnover

≈ €6,900 estimated

The micro format states no turnover.

Filings

4 annual accounts 3 late
AprilJune31 JulyOctober2022202320242025

The 2023 accounts came latest: 127 days after the end of the period.

Checked score

93
Excellent
Financially stronger than 42% of micro companies in education (NACE 85)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 3,825 companies (NACE 85, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.6%highest value 01-2025: 0.5%▼ -0.1 percentage points vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.1%▼ -0.4 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: < 0.1%▼ -0.1 percentage points vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: 0.1%▲ +0.1 percentage points vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.2%▲ +0.1 percentage points vs 08-2026 10-2026: 0.1%▼ -0.1 percentage points vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

61-21equity 36.0% of total assets
66-13short-term debt 64.0% · cash 80.9%
66-34return on assets -1.9%

Score breakdown

raises risk
Last filed accounts filed 32 days late; 2 of the last 3 accounts late
lowers risk
Sector: Education (NACE 85)
Liquidity: current ratio 1.26, cash €11,508
Size: total assets €14,218
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 85, micro). It does better than 42% of them on solvency, 55% on liquidity, 37% on profitability and 34% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 2,145 companies had the same profile as SOFCO has now. Each dot stands for 6 companies, two years later.

91.7%
were still trading
5.9%
stopped another way
2.2%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a small loss

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of SOFCO itself is lower: 0.1% within 12 months. It rests on far more data about SOFCO than the profile alone.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,145 companies, not a prediction for SOFCO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Sector: Education (NACE 85)
KBO
raises risk · Last filed accounts filed 32 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 1.26, cash €11,508
NBB · annual accounts
lowers risk · Size: total assets €14,218
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 32 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-09-2026, 32 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
32 days late
2024
2 days early
2023
127 days late
2022
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 47 days after the deadline. In the sector (NACE 85), the median for financial year 2024 was 16 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (3 of the last 4 accounts filed within 33 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Board and ownership

LC
Director, since 21-03-2022
  • COX Sofie Luc Carine 400 sharesdeed of 23-03-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0783648944
1 director appointed, 1 resignation Resignation: Sofie COX (sole director) · Appointment: Leo COX · Permanent representative: Ins Carsau · General meeting of 21-03-2022 · Gazette deed
Incorporation Founding capital of €4,000, 400 shares · Founder: COX Sofie Luc Carine (oprichter comparant) · Appointment: COX Sofie Luc Carine (director) · published on 23-03-2022 · Gazette deed
First establishment Hollandsveldlaan 35, Hasselt
All 10 events

Comparable companies

same main activity, similar in size and age
Company
SOFCO Hasselt €14,218 €1,878 36.0% -
MANGIONE GIOVA Riemst €16,321 €1,342 69.8% -
Gala Padel Academy Schaerbeek €14,979 -€550 -90.2% -
Inside Out Consulting Bruges €14,527 €3,603 65.4% -
Studio Lilium Ghent €17,804 -€1,390 75.3% -
To the T Trading Arendonk €17,948 -€8,622 70.6% -
PRACTICS ACADEMY Hasselt €26,808 €2,629 75.0% -

These companies have the same main activity as SOFCO: other education (NACE 85599). They are comparable in size and age: total assets between €14,500 and €26,800, founded between 2021 and 2023.

Official details

Source: KBO
Status
Active since 21-03-2022Normal situation
Activity
Other educationNACE 85599and 5 others
Establishment unit
2.329.937.7233500 Hasselt, since 21-03-2022
Financial year end
31 December
Peppol
Reachable since 29-07-2024
Company details

Annual accounts 2025

€14,218▲ 50.4%
Filing
Filed on 01-09-2026
Financials

Insights on SOFCO

SOFCO files the micro format. That format states no turnover. The gross margin rose from -€545 in 2022 to €1,878 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about SOFCO

What is the company number of SOFCO?
The company number of SOFCO is 0783.648.944. The VAT number is the same number with BE in front: BE 0783.648.944.
Where is SOFCO based?
The registered office is at Hollandsveldlaan 35, 3500 Hasselt.Company details
What does SOFCO do?
According to the KBO register, the main activity is other education (NACE 85599).
What is the legal form of SOFCO?
SOFCO is a private limited company (BV).
When was SOFCO founded?
SOFCO was founded on 21-03-2022.
Is SOFCO still active?
Yes, SOFCO is an active enterprise in the KBO register.
What is the turnover of SOFCO?
The turnover in financial year 2025 is ≈ €6,900. This figure is estimated from the gross margin of €1,878 and 42 comparable companies (NACE 855). It probably lies between €4,600 and €14,000. It is a rough estimate.Financials
Is SOFCO profitable?
In financial year 2025, SOFCO made a loss of €277.
Where can I find the annual accounts of SOFCO?
SOFCO filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SOFCO due?
SOFCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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