SOFIALU
InactiveFinancials · financial year 2023, full format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€186,298▲ 181%
2022 · €66,254
Working capital
€181,884
2022 · -€5,816
Trend over the years
2019 to 2023, 5 financial years 2019 to 2023, 5 financial years
The operating result recovers in 2023; 2023 is 234% above 2022 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€222,696
2023
Net result€186,298
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€891,447
2023
Equity€184,809
2023
Debt€706,638
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€181,884
2023
Average staff in full-time equivalents (FTE).
Staff (FTE)6
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023
Operating result€75,292--€6,825€86,328€66,669▼ 22.8%€222,696▲ 234%
Net result€84,846-€288▼ 99.7%€86,174▲ 29,857%€66,254▼ 23.1%€186,298▲ 181%
Equity-€154,204--€153,916▲ 0.2%-€67,742▲ 56.0%-€1,489▲ 97.8%€184,809
Total assets€402,858-€414,278▲ 2.8%€504,017▲ 21.7%€588,101▲ 16.7%€891,447▲ 51.6%
Debt€557,062-€568,194▲ 2.0%€571,760▲ 0.6%€589,589▲ 3.1%€706,638▲ 19.9%
Working capital-€171,097--€167,505▲ 2.1%-€74,433▲ 55.6%-€5,816▲ 92.2%€181,884
Staff (FTE)6-5.2▼ 13.3%5.5▲ 5.8%6▲ 9.1%6=
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €891,447
Fixed assets
€2,925 ▼ 32.4%
Current assets
€888,522 ▲ 52.2%
Equity and liabilities €891,447
Equity
€184,809
Debt
€706,638
Debt finances 79.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€224,097▲
2022 · €69,033
Cash flow
€187,699▲
2022 · €68,617
Current ratio
1.26▲
2022 · 0.99
Quick ratio
0.72▼
2022 · 0.80
Debt to equity
3.82
ROE
100.8%
ROA
20.9%▲
2022 · 11.3%
Interest coverage
over 100
2022 · over 100
Debt ≤ 1 year
€706,638▲
2022 · €589,589
Income taxes
€49,514▲
2022 · €110
Staff costs
€201,232▲
2022 · €182,377
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €182,377 | €201,232 | ▲ 10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,793 | €9,376 | €6,898 | €2,364 | €1,401 | ▼ 40.7% |
| Other operating charges640/8 | - | - | - | - | €7,500 | - |
| Gross operating margin9900 | €259,943 | €102,513 | €252,567 | €251,410 | €432,830 | ▲ 72.2% |
| Operating profit (loss)9901 | €75,292 | -€6,825 | €86,328 | €66,669 | €222,696 | ▲ 234% |
| Financial income75/76B | - | - | - | €16 | €13,462 | ▲ 84,041% |
| Recurring financial income75 | €9,898 | €7,946 | €3 | €16 | €13,462 | ▲ 84,041% |
| Financial charges65/66B | - | - | - | €321 | €347 | ▲ 7.8% |
| Recurring financial charges65 | €249 | €833 | €157 | €321 | €347 | ▲ 7.8% |
| Profit (loss) for the period before taxes9903 | €84,954 | €288 | €86,174 | €66,364 | €235,812 | ▲ 255% |
| Income taxes67/77 | €108 | €0 | - | €110 | €49,514 | ▲ 44,913% |
| Profit (loss) for the period9904 | €84,846 | €288 | €86,174 | €66,254 | €186,298 | ▲ 181% |
| Profit (loss) for the period to be appropriated9905 | €84,846 | €288 | €86,174 | €66,254 | €186,298 | ▲ 181% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €402,858 | €414,278 | €504,017 | €588,101 | €891,447 | ▲ 51.6% |
| Fixed assets21/28 | €18,693 | €13,588 | €6,691 | €4,327 | €2,925 | ▼ 32.4% |
| Intangible fixed assets21 | €153 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €16,540 | €11,588 | €4,691 | €2,327 | €925 | ▼ 60.2% |
| Plant, machinery and equipment23 | - | - | - | €2,327 | €925 | ▼ 60.2% |
| Financial fixed assets28 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Current assets29/58 | €384,164 | €400,689 | €497,327 | €583,774 | €888,522 | ▲ 52.2% |
| Stocks and contracts in progress3 | €105,499 | €140,311 | €151,576 | €110,665 | €380,355 | ▲ 244% |
| Stocks30/36 | - | - | - | €110,665 | €380,355 | ▲ 244% |
| Amounts receivable within one year40/41 | €269,986 | €249,877 | €329,427 | €451,355 | €493,712 | ▲ 9.4% |
| Trade receivables40 | - | - | - | €451,062 | €493,712 | ▲ 9.5% |
| Other amounts receivable41 | - | - | - | €293 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €7,353 | €9,501 | €14,515 | €19,854 | €12,193 | ▼ 38.6% |
| Deferred charges and accrued income490/1 | - | - | - | €1,900 | €2,262 | ▲ 19.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €402,858 | €414,278 | €504,017 | €588,101 | €891,447 | ▲ 51.6% |
| Equity10/15 | -€154,204 | -€153,916 | -€67,742 | -€1,489 | €184,809 | - |
| Contributions10/11 | €25,000 | - | - | €25,000 | €25,000 | = |
| Profit (loss) carried forward14 | -€179,204 | -€178,916 | -€92,742 | -€26,489 | €159,809 | - |
| Amounts payable17/49 | €557,062 | €568,194 | €571,760 | €589,589 | €706,638 | ▲ 19.9% |
| Amounts payable after more than one year17 | €1,800 | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €555,262 | €568,194 | €571,760 | €589,589 | €706,638 | ▲ 19.9% |
| Trade debts44 | €515,135 | €543,003 | €556,523 | €562,656 | €633,869 | ▲ 12.7% |
| Suppliers440/4 | - | - | - | €562,656 | €633,869 | ▲ 12.7% |
| Taxes, remuneration and social security45 | - | - | - | €26,933 | €72,769 | ▲ 170% |
| Taxes450/3 | - | - | - | €12,000 | €51,856 | ▲ 332% |
| Remuneration and social security454/9 | - | - | - | €14,933 | €20,914 | ▲ 40.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €84,846 | €288 | €86,174 | €66,254 | €186,298 | ▲ 181% |
| + Depreciation and write-downs630 | €9,793 | €9,376 | €6,898 | €2,364 | €1,401 | ▼ 40.7% |
| Operating cash flow (approximation) | €94,639 | €9,664 | €93,072 | €68,617 | €187,699 | ▲ 174% |
| Investment in fixed assets (approximation) | - | -€4,271 | €0 | €0 | €0 | - |
| Change in cash | - | €2,148 | €5,014 | €5,339 | -€7,661 | - |
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 12 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2023 | full format | 11-12-2023 | 2023-00526565 |
| 30-06-2022 | full format | 24-01-2023 | 2023-00006897 |
| 30-06-2021 | full format | 21-01-2022 | 2022-01500415 |
| 30-06-2020 | full format | 16-02-2021 | 2021-05500455 |
| 30-06-2019 | full format | 16-01-2020 | 2020-01600269 |
| 30-06-2018 | full format | 15-01-2019 | 2019-01600070 |
| 30-06-2017 | full format | 05-02-2018 | 2018-04500421 |
| 30-06-2016 | full format | 17-01-2017 | 2017-01600026 |
| 30-06-2015 | full format | 25-02-2016 | 2016-05500058 |
| 30-06-2014 | full format | 14-01-2015 | 2015-01500267 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.