Turnover
≈ €6,900 estimated
The micro format states no turnover.
SOFCO
Overview
Lifetime
4 annual accounts with figures on one time axispeak €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 accountsFilings
4 annual accounts 3 late
The 2023 accounts came latest: 127 days after the end of the period.
Starting capital
€4,000 400 shares
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 strengthStrong
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
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.
| 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.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
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 filingsDeviation 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 monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0783648944
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
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
Annual accounts 2025
- €1,878▼ 68.9%
- €277
- €5,112▼ 5.1%
- €14,218▲ 50.4%
- Filing
- Filed on 01-09-2026
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.
Financials
Annual accounts 2025
micro format, filed on 01-09-2026, 32 days late€1,878
▼ 68.9%
-€226
▼ €5,542
-€277
▼ €5,299
€2,402
▲ 132%
36.0%
▼ 21.0 percentage points
1.26
▲ 0.01
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €6,900. Estimated: probably between €4,600 and €14,000.
Balance sheet
balance sheet total €14,218 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
36.0%
Higher than 44% of 2,612 companies in 2025.
1.26
Higher than 38% of 2,481 companies in 2025.
-1.9%
Higher than 25% of 2,510 companies in 2025.
SOFCO
Middle half of the sector
80% of the sector
Micro accounts in education (NACE 85)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
14,218 | 9,456 | 3,884 | 3,495 | |
20 |
463 | 838 | 1,213 | 1,588 | |
21/28 |
2,247 | 3,514 | - | - | |
22/27 |
2,247 | 3,514 | - | - | |
23 |
2,247 | 3,514 | - | - | |
29/58 |
11,508 | 5,105 | 2,672 | 1,907 | |
40/41 |
- | - | 389 | 146 | |
41 |
- | - | 389 | 146 | |
54/58 |
11,508 | 5,105 | 2,282 | 1,761 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
14,218 | 9,456 | 3,884 | 3,495 | |
10/15 |
5,112 | 5,388 | 365 | 3,148 | |
10/11 |
4,000 | 4,000 | 4,000 | 4,000 | |
14 |
1,112 | 1,388 | -3,635 | -852 | |
17/49 |
9,106 | 4,068 | 3,519 | 347 | |
42/48 |
9,106 | 4,068 | 3,519 | 347 | |
43 |
- | 140 | - | - | |
430/8 |
- | 140 | - | - | |
44 |
134 | 288 | 278 | 347 | |
440/4 |
134 | 288 | 278 | 347 | |
45 |
698 | 366 | - | - | |
450/3 |
698 | 366 | - | - | |
47/48 |
8,274 | 3,274 | 3,241 | - | |
| Income statement | |||||
9900 |
1,878 | 6,040 | -2,290 | -545 | |
630 |
1,642 | 662 | 375 | 287 | |
640/8 |
462 | 62 | 62 | - | |
9901 |
-226 | 5,316 | -2,727 | -832 | |
75/76B |
5 | 36 | 0 | 15 | |
75 |
5 | 36 | 0 | 15 | |
65/66B |
56 | 59 | 56 | 35 | |
65 |
56 | 59 | 56 | 35 | |
9903 |
-277 | 5,294 | -2,783 | -852 | |
67/77 |
- | 271 | - | - | |
9904 |
-277 | 5,023 | -2,783 | -852 | |
9905 |
-277 | 5,023 | -2,783 | -852 | |
| Appropriation of the result | |||||
9906 |
1,112 | 1,388 | -3,635 | -852 | |
14P |
1,388 | -3,635 | -852 | - | |
| Document | |||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 01-09-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 32 days after the deadline. Filed on 1 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00478833.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 1,416 | 5,978 | -2,352 | -545 | ||
| 1,365 | 5,685 | -2,408 | -564 | ||
| 375 | 3,801 | 0 | - | ||
| 6,404 | 2,822 | 521 | - | ||
| 2,402 | 1,037 | -847 | 1,561 | ||
| 36.0% | 57.0% | - | - | ||
| 1.26 | 1.25 | - | - | ||
| 1.78 | 0.75 | - | - | ||
| -5.4% | 93.2% | - | - | ||
| -1.9% | 53.1% | - | - | ||
| 25.38 | over 100 | -41.84 | -15.63 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €3,801 | - | - |
| €1,642 | €662 | €375 | €287 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on SOFCO
The operating result for 2025 is a loss of €226, after a profit of €5,316 in 2024.
Debt's share of the balance-sheet total rises from 43.0% to 64.0%. Equity is lower and debt is higher.
Board & ownership
Board
1 director, no change since March 2022Mandates through the years
3 names, the dashed line is todayBoardEarliermandate already running before its first mentionend not dated
Mandates as a list
- Leo COX
- Director, from 21-03-2022 to date
- COX Sofie Luc Carine
- Director (not named in the articles), appointed by deed of 23-03-2022, no longer listed in the 2025 annual accounts
- Sofie COX
- Sole director, until 21-03-2022
Control
Capital
- Contribution
- €4,000
- Shares
- 400
- Contribution per share
- €10
- Equity per share
- €12.78 in 2025
- Source
- deed of 23-03-2022
Articles of association
deed of 23-03-2022 (in Dutch)- Name, seat, purpose and duration
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- 1 director
- Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 400 shares
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Overdracht van aandelen, helft overdrager en helft koper(s) naar evenredigheid verworven aantal bij meerdere kopers”
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Ten minste vijftien dagen te rekenen van openstelling intekening, nieuwe aandelen in geld eerst aangeboden aan bestaande aandeelhouders naar…”
- Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen, bestuurder(s) in functie krachtens statuten indien geen…”
Shareholders
At incorporation
deed of 23-03-2022 ↗
- COX Sofie Luc Carine 400 shares (100%) · in cash
Network & group
No group
SOFCO has no parent and no holdings in its annual accounts. Leo COX is the only director. SOFCO shares no director with another company.
At the same address
Hollandsveldlaan 35, 3500 Hasselt · 2 other companies| Leo Cox Consulting
registered office since 13-09-2021 |
founded in 2021 0773.820.171 |
| Wheelchair Sports Talent Support
registered office since 23-01-2015 |
founded in 2015 0568.997.347 |
Timeline
Timeline
10 events since 2022Board
Filings
Financial
Establishments
20222023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 32 days late
2025
Annual accounts 2024 filed PDFmicro format · 2 days before the deadline
2024
Back to profit net €5,023 The net result is €5,023, after 2 loss-making years.
Annual accounts 2023 filed PDFmicro format · 127 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0783648944
2023
Weakest financial year net -€2,783 The net result drops to -€2,783, the lowest from 2022 to 2025. It recovers the following year.
Annual accounts 2022 filed PDFmicro format · 30 days late
2022
IncorporationFounding capital of €4,000, 400 shares · Founder: COX Sofie Luc Carine (oprichter comparant) · Appointment: COX Sofie Luc Carine (director) · published on 23-03-20225 points ▸
- Founder, COX Sofie Luc Carine (oprichter comparant)
- Registered office clause, 3500 Hasselt Hollandsveldlaan 35
- Director appointment, COX Sofie Luc Carine (director (not named in the articles))
- Power of attorney, Sofie JANSSEN
- Founding capital, €4,000, 400 shares
- The deed holds 6 more points.
First establishment Hollandsveldlaan 35, Hasselt
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0783.648.944
- VAT number
- BE 0783.648.944
- Peppol ID
- 0208:0783648944
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 21-03-2022
- Financial year
- ends on 31 December
- Peppol
- Reachable since 29-07-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- SOFCO in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 23-03-2022 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 23-03-2022 (in Dutch)
Activities
NACEBEL 202585599
Other education main activity
63910
Web portal activities
86951
Physiotherapy
Codes under NACEBEL 2008
85599
Other education main activity
63120
Computing infrastructure, data processing, hosting and other information service activities
70210
Activities of head offices; management consultancy activities
82300
Organisation of conventions and trade shows
82990
Other business support services
86905
Human health activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het geven van danslessen,optredens en workshops; Algemene en specifieke sportbegeleiding op fysiek,mentaal,voedingsgebied; Het geven en…”deed of 23-03-2022 (in Dutch)
12 activities
- Het geven van danslessen,optredens en workshops;
- Algemene en specifieke sportbegeleiding op fysiek,mentaal,voedingsgebied;
- Het geven en organiseren van trainingen;
- Het geven van lezingen en voordrachten;
- Ergotherapeutisch advies/ consulting;
- Coaching/Lifecoaching;
- Advies in online zichtbaarheid via social media,websites,…) ook voor bedrijven;
- Het maken van websites;
- Fotografie;
- Make up,nagelverzorging,schoonheidsverzorging;
- Webshop voor het maken van gepersonaliseerde geschenken;
- Alle ondersteunende diensten in verband met voorgaande opsomming.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Hollandsveldlaan 35 registered office 3500 Hasselt | 21-03-2022 | 2.329.937.723 |
Buildings and parcels at the address
- Ground area
- 397 m²
- Buildings
- 127 m²
- Volume, LiDAR
- 840 m³
- Tallest building
- 9.2 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71324E0456/00A000 | 397 m² | 1 · 127 m² | 9.2 m · 2 |