Summary
SOFECOR is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €709,309 and a net result of €10,821. Equity remains stable across the filed financial years (±0.3% per year). Its solvency ranks better than 95% of 9,743 sector peers (NACE 64, financial year 2025). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Activities of holding companies
NACE 64210
Size
≈ €55,000turnover 2025, estimated
- Equity
- €709,309
- Profit
- €10,821
Turnover estimated from the gross margin
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
- DELAEY EmmannuelDirector
- DELAEY EmmanuelDirector
2025 accounts filed 31 days late1 of 3 deeds summarised
Signalsraises risk2025 accounts filed 31 days lateShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
1 signal.
raises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 days late
2024
29 days late
2023
30 days late
2022
34 days early
2021
31 days late
2020
31 days late
2019
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 21 days after the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% 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 (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Highest result from 2018 to 2025net €14,541 ▲15.5%
Financials · financial year 2025, micro format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00504314.
Equity
€709,309▲ 1.5%
2024 · €698,488
Net result
€10,821▼ 25.6%
2024 · €14,541
Total assets
€709,309▲ 1.5%
2024 · €698,488
Solvency
100.0%=
2024 · 100.0%
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 25% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€10,928
2025
Net result€10,821
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€709,309
2025
Equity€709,309
2025
Debt€2,811
2020
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€464
2020
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)1.5%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency100.0%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.83
2020
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€7,440-
Operating result€1,018--€2,540-€2,171▲ 14.5%€4,740€5,680▲ 19.8%€12,719▲ 124%€14,586▲ 14.7%€10,928▼ 25.1%
Net result€1,024--€2,582-€2,256below the sector's middle half▲ 12.6%€4,665within the sector's middle half€5,580within the sector's middle half▲ 19.6%€12,584within the sector's middle half▲ 126%€14,541within the sector's middle half▲ 15.5%€10,821within the sector's middle half▼ 25.6%
Equity€694,787-€692,205▼ 0.4%€689,949above the sector's middle half▼ 0.3%€694,614above the sector's middle half▲ 0.7%€700,193above the sector's middle half▲ 0.8%€712,778above the sector's middle half▲ 1.8%€698,488above the sector's middle half▼ 2.0%€709,309above the sector's middle half▲ 1.5%
Total assets€695,394-€692,576▼ 0.4%€692,760within the sector's middle half=€694,614within the sector's middle half▲ 0.3%€700,193within the sector's middle half▲ 0.8%€712,778within the sector's middle half▲ 1.8%€698,488within the sector's middle half▼ 2.0%€709,309within the sector's middle half▲ 1.5%
Debt€607-€371▼ 38.9%€2,811▲ 658%
Working capital€3,811-€1,510▼ 60.4%-€464within the sector's middle half
Solvency99.9%-99.9%=99.6%above the sector's middle half▼ 0.4pp100.0%above the sector's middle half▲ 0.4pp100.0%above the sector's middle half=100.0%above the sector's middle half=100.0%above the sector's middle half=100.0%above the sector's middle half=
Current ratio7.28-5.07▼ 2.210.83within the sector's middle half▼ 4.24
Return on assets (ROA)0.1%--0.4%▼ 0.5pp-0.3%below the sector's middle half=0.7%below the sector's middle half▲ 1.0pp0.8%below the sector's middle half▲ 0.1pp1.8%within the sector's middle half▲ 1.0pp2.1%within the sector's middle half▲ 0.3pp1.5%within the sector's middle half▼ 0.6pp
above
within
below
the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €709,309
Fixed assets
€689,666 =
Current assets
€19,644 ▲ 126%
Key figures and ratios
ROE
1.5%▼
2024 · 2.1%
Income taxes
€14▼
2024 · €26
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €7,440 | - | - | - | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €2,202 | €126 | €1,933 | €64 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €611 | €281 | €282 | €149 | €150 | €150 | €150 | €150 | = |
| Other operating charges640/8 | - | - | - | €348 | €348 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €2,497 | -€1,911 | -€1,541 | €5,237 | €6,177 | €13,253 | €15,123 | €11,477 | ▼ 24.1% |
| Operating profit (loss)9901 | €1,018 | -€2,540 | -€2,171 | €4,740 | €5,680 | €12,719 | €14,586 | €10,928 | ▼ 25.1% |
| Financial income75/76B | - | - | - | - | - | - | €86 | €47 | ▼ 44.9% |
| Recurring financial income75 | €42 | - | - | - | - | - | €86 | €47 | ▼ 44.9% |
| Financial charges65/66B | - | - | - | €75 | €100 | €135 | €105 | €140 | ▲ 33.3% |
| Recurring financial charges65 | €36 | €42 | €85 | €75 | €100 | €135 | €105 | €140 | ▲ 33.3% |
| Profit (loss) for the period before taxes9903 | €1,024 | -€2,582 | -€2,256 | €4,665 | €5,580 | €12,584 | €14,566 | €10,835 | ▼ 25.6% |
| Income taxes67/77 | - | - | - | - | - | - | €26 | €14 | ▼ 44.9% |
| Profit (loss) for the period9904 | €1,024 | -€2,582 | -€2,256 | €4,665 | €5,580 | €12,584 | €14,541 | €10,821 | ▼ 25.6% |
| Profit (loss) for the period to be appropriated9905 | €1,024 | -€2,582 | -€2,256 | €4,665 | €5,580 | €12,584 | €14,541 | €10,821 | ▼ 25.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €695,394 | €692,576 | €692,760 | €694,614 | €700,193 | €712,778 | €698,488 | €709,309 | ▲ 1.5% |
| Fixed assets21/28 | €690,976 | €690,695 | €690,413 | €690,264 | €690,114 | €689,965 | €689,815 | €689,666 | = |
| Tangible fixed assets22/27 | €1,460 | €1,179 | €897 | €748 | €598 | €449 | €299 | €150 | ▼ 50.0% |
| Other tangible fixed assets26 | - | - | - | €748 | €598 | €449 | €299 | €150 | ▼ 50.0% |
| Financial fixed assets28 | €689,516 | €689,516 | €689,516 | €689,516 | €689,516 | €689,516 | €689,516 | €689,516 | = |
| Current assets29/58 | €4,418 | €1,881 | €2,347 | €4,350 | €10,079 | €22,813 | €8,673 | €19,644 | ▲ 126% |
| Amounts receivable within one year40/41 | €1,172 | - | - | - | €1,600 | €2,100 | €1,500 | €1,450 | ▼ 3.3% |
| Other amounts receivable41 | - | - | - | - | €1,600 | €2,100 | €1,500 | €1,450 | ▼ 3.3% |
| Cash at bank and in hand54/58 | €2,835 | €1,256 | €1,937 | €4,350 | €8,479 | €20,713 | €7,173 | €18,194 | ▲ 154% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €695,394 | €692,576 | €692,760 | €694,614 | €700,193 | €712,778 | €698,488 | €709,309 | ▲ 1.5% |
| Equity10/15 | €694,787 | €692,205 | €689,949 | €694,614 | €700,193 | €712,778 | €698,488 | €709,309 | ▲ 1.5% |
| Contributions10/11 | €480,500 | €480,500 | - | €480,500 | €480,500 | €480,500 | €451,670 | €451,670 | = |
| Reserves13 | €14,955 | €14,955 | €14,955 | €14,955 | €14,955 | €14,955 | €14,955 | €14,955 | = |
| Non-distributable reserves130/1 | - | - | - | €14,955 | €14,955 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €14,955 | €14,955 | - | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €14,955 | €14,955 | €14,955 | = |
| Profit (loss) carried forward14 | €199,332 | €196,750 | €194,494 | €199,159 | €204,739 | €217,323 | €231,864 | €242,685 | ▲ 4.7% |
| Amounts payable17/49 | €607 | €371 | €2,811 | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €607 | €371 | €2,811 | - | - | - | - | - | - |
| Trade debts44 | €451 | €215 | - | - | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,024 | -€2,582 | -€2,256 | €4,665 | €5,580 | €12,584 | €14,541 | €10,821 | ▼ 25.6% |
| + Depreciation and write-downs630 | €611 | €281 | €282 | €149 | €150 | €150 | €150 | €150 | = |
| Operating cash flow (approximation) | €1,635 | -€2,301 | -€1,974 | €4,814 | €5,729 | €12,734 | €14,690 | €10,970 | ▼ 25.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €1 | €0 | €0 | €0 | - |
| Change in cash | - | -€1,579 | €681 | €2,413 | €4,129 | €12,234 | -€13,540 | €11,020 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00504314 |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00479849 |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00455296 |
| 31-12-2022 | micro format | 27-06-2023 | 2023-00160688 |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20419913 |
| 31-12-2020 | micro format | 31-08-2021 | 2021-66300275 |
| 31-12-2019 | micro format | 28-08-2020 | 2020-48300178 |
| 31-12-2018 | micro format | 29-08-2019 | 2019-60700332 |
| 31-12-2017 | micro format | 02-08-2018 | 2018-42100007 |
| 31-12-2016 | micro format | 31-08-2017 | 2017-52400163 |
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Of the 24,455 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 20,128. 13,425 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
2 directors, last change in 2023
DELAEY Emmannuel
CurrentDirector (not named in the articles) · since 21-09-2023
DELAEY Emmanuel
CurrentDirector (not named in the articles) · since 21-09-2023
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
2 of this company's 3 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
2 people since 2023, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DELAEY Emmannuel |
|
| DELAEY Emmanuel |
|
Owners and capital
Capital and shareholders
Shareholders according to the deeds
Stated in the act
act of 21-09-2023 ↗
- DELAEY Emmannuel 2,402 shares
- VAN DER ELSTRAETEN Frieda 2,403 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 21-09-2023 Converted to unavailable equity · €495,455
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
financial year 2025 · micro format · 31 days late
2025
29-08
NBB filing
Annual accounts filed
financial year 2024 · micro format · 29 days late
2024
31-12
Financial
Highest result from 2018 to 2025net €14,541 ▲15.5%
Operating result €14,586, net result €14,541, both a record.
30-08
NBB filing
Annual accounts filed
financial year 2023 · micro format · 30 days late
2023
21-09
Gazette deed
Resignations: DELAEY Emmanuel (manager) and DELAEY Emmannuel (manager)Appointments: DELAEY Emmanuel (director) and DELAEY Emmannuel (director) · Director discharge · Shareholding16 facts ▸
Gazette deed
Resignations: DELAEY Emmanuel (manager) and DELAEY Emmannuel (manager)
Appointments: DELAEY Emmanuel (director) and DELAEY Emmannuel (director) · Director discharge · Shareholding16 facts ▸
- Other provision, “coordinatie opmaken en ondertekenen overeenkomstig vorige besluiten, opdracht coordinatie statuten” (deed in Dutch)
- Director resignation, DELAEY Emmanuel (manager)
- Director appointment, DELAEY Emmanuel (director (not named in the articles))
- Director discharge, DELAEY Emmanuel
- General meeting, 18-09-2023
- Other provision, “BE0822.239.108, registratie” (deed in Dutch)
- Shareholding, 18-09-2023, 2402
- Shareholding, 18-09-2023, 2403
- Other provision, 4805, “totaal bestaande aandelen” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “beschikbaar voor uitkering, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- +4 further facts in this act
27-06
NBB filing
Annual accounts filed
financial year 2022 · micro format
2022
31-08
NBB filing
Annual accounts filed
financial year 2021 · micro format · 31 days late
2021
31-12
Financial
Back to profitnet €4,665
Net result €4,665 after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
financial year 2020 · micro format · 31 days late
2020
28-08
NBB filing
Annual accounts filed
financial year 2019 · micro format · 28 days late
2019
31-12
Financial
Weakest financial yearnet -€2,582
Net result drops to -€2,582, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
financial year 2018 · micro format · 29 days late
2018
02-08
NBB filing
Annual accounts filed
financial year 2017 · micro format · 2 days late
2017
31-08
NBB filing
Annual accounts filed
financial year 2016 · micro format · 31 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 16 annual accounts filed, the latest 10 are here; all 16 are under Financials.
1 of 3 deeds read
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company
Founded13-01-2010
Financial year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Not found in the Peppol Directory
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Grimbergen
Ground area
591 m²
Building footprint
227 m²
Building volume
1,521 m³
Parcel 23084A0217/00Y006, Flanders · tallest building 13.1 m. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23084A0217/00Y006 | Flanders | 591 m² | 1 · 227 m² | 13.1 m · 1 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SOFECOR
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Enkel besluit bestuursorgaan, Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, bestuursorgaan” (deed in Dutch)“Bedrag vaste of evenredige vergoeding, al dan niet ten kosteloze titel” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Voor helft ten laste overdrager en andere helft ten laste koper(s) naar evenredigheid verworven aantal aandelen, elke overdracht onder…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met uitgifte nieuwe aandelen, per e-mail,of per gewone post indien geen e-mailadres,dezelfde dag” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 17:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, indien geen andere vereffenaar benoemd” (deed in Dutch)