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Soficom

Active
Private limited companyfounded 198343 yrs activeIchtegemstraat 125, 8610 Kortemark, BelgiumKBO/BCE: BE 0424.824.465
Summary

Soficom has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €14,469 and a net result of €4,196. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 34% of 8969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability82▼-18
Solvency61▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity short (current ratio 0.95 against 0.6 in 2023; short-term debt: 64.3% and cash: 38.9% of total assets), and 64.3% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 43 years 0 50 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
35.7%
Return on assets
10.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-09-2025, 59 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
59 d late
2023
61 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
24 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 40 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Soficom was incorporated on 26 July 1983.1 Total assets rose from EUR 1,455 in 2021 to EUR 40,496 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
€2,100
EBIT margin
64.6%
Net result
€4,196▼ 64.7%
2023 · €11,899
Working capital
-€1,299▲ 87.5%
2023 · -€10,368
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€2,100
Operating result-€453▼ 96.2%€1,357€1,425▲ 5.0%€14,562▲ 922%€5,240▼ 64.0%
Net result-€453within the sector's middle half▼ 86.8%€1,341within the sector's middle half€1,386within the sector's middle half▲ 3.4%€11,899within the sector's middle half▲ 758%€4,196within the sector's middle half▼ 64.7%
EBIT margin64.6%
Equity-€4,353below the sector's middle half▼ 11.6%-€3,012below the sector's middle half▲ 30.8%-€1,626below the sector's middle half▲ 46.0%€10,273below the sector's middle half€14,469below the sector's middle half▲ 40.8%
Total assets€59below the sector's middle half=€1,455below the sector's middle half▲ 2,376%€8,493below the sector's middle half▲ 484%€36,325below the sector's middle half▲ 328%€40,496below the sector's middle half▲ 11.5%
Debt€4,411▲ 11.4%€4,466▲ 1.2%€10,119▲ 127%€26,051▲ 157%€26,026▼ 0.1%
Working capital-€3,070below the sector's middle half-€1,684below the sector's middle half▲ 45.1%-€10,368below the sector's middle half▼ 516%-€1,299below the sector's middle half▲ 87.5%
Solvency-19.1%below the sector's middle half28.3%within the sector's middle half▲ 47.4pp35.7%within the sector's middle half▲ 7.4pp
Current ratio0.83below the sector's middle half0.60below the sector's middle half▼ 0.230.95below the sector's middle half▲ 0.35
Return on assets (ROA)16.3%within the sector's middle half32.8%above the sector's middle half▲ 16.4pp10.4%within the sector's middle half▼ 22.4pp
above within below the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000€15,000Operating result 2020: -€453-€453Net result 2020: -€453-€453Operating result 2021: €1,357€1,357Net result 2021: €1,341€1,341Operating result 2022: €1,425€1,425Net result 2022: €1,386€1,386Operating result 2023: €14,562€14,562Net result 2023: €11,899€11,899Operating result 2024: €5,240€5,240Net result 2024: €4,196€4,19620202021202220232024€0€5,000€10,000€15,000Operating result 2022: €1,425€1,430Net result 2022: €1,386€1,390Operating result 2023: €14,562€14,600Net result 2023: €11,899€11,900Operating result 2024: €5,240€5,240Net result 2024: €4,196€4,200202220232024
The operating result falls in 2024; 2024 is 64% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €40,496
Fixed assets €15,768 ▼ 23.6%
Current assets €24,728 ▲ 57.7%
Equity and liabilities €40,496
Equity €14,469 ▲ 40.8%
Debt €26,026 ▼ 0.1%
Debt's share of the balance-sheet total falls from 71.7% to 64.3%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€10,113▼
2023 · €16,805
Cash flow
€9,069▼
2023 · €14,142
Debt to equity
1.80▼
2023 · 2.54
ROE
29.0%▼
2023 · 115.8%
Interest coverage
164.84▼
2023 · 227.77
Debt ≤ 1 year
€26,026▼
2023 · €26,051
Income taxes
€1,063▼
2023 · €2,589
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.4% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 31,349 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet Code20232024
Assets
Total assets20/58€36,325€40,496▲
Fixed assets21/28€20,641€15,768▼
Tangible fixed assets22/27€20,641€15,768▼
Plant, machinery and equipment23€2,097€1,356▼
Furniture and vehicles24€18,544€14,412▼
Financial fixed assets28€0-
Current assets29/58€15,684€24,728▲
Amounts receivable within one year40/41€3,592€8,241▲
Trade receivables40€3,086€6,804▲
Other amounts receivable41€506€1,437▲
Cash at bank and in hand54/58€11,344€15,739▲
Deferred charges and accrued income490/1€748€748=
Equity and liabilities
Total equity and liabilities10/49€36,325€40,496▲
Equity10/15€10,273€14,469▲
Contributions10/11€68,642€68,642=
Reserves13€30,205€30,205=
Distributable reserves133€30,205€30,205=
Profit (loss) carried forward14-€88,573-€84,377▲
Amounts payable17/49€26,051€26,026▼
Amounts payable within one year42/48€26,051€26,026▼
Trade debts44€12,176€13,024▲
Suppliers440/4€12,176€13,024▲
Taxes, remuneration and social security45€4,238€4,383▲
Taxes450/3€4,238€4,383▲
Other amounts payable47/48€9,637€8,619▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,243€4,873▲
Other operating charges640/8€349€359▲
Gross operating margin9900€17,154€10,472▼
Operating profit (loss)9901€14,562€5,240▼
Financial income75/76B-€81
Recurring financial income75-€81
Financial charges65/66B€74€61▼
Recurring financial charges65€74€61▼
Profit (loss) for the period before taxes9903€14,488€5,259▼
Income taxes67/77€2,589€1,063▼
Profit (loss) for the period9904€11,899€4,196▼
Profit (loss) for the period to be appropriated9905€11,899€4,196▼
Appropriation of the result
Profit (loss) to be appropriated9906-€88,573-€84,377▲
Profit (loss) brought forward from the previous period14P-€100,472-€88,573▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70-€2,100----
Goods, raw materials, services and sundry goods60/61-€632----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€2,243€4,873▲ 117%
Other operating charges640/8-€111€112€349€359▲ 2.9%
Gross operating margin9900-€284€1,468€1,537€17,154€10,472▼ 39.0%
Operating profit (loss)9901-€453€1,357€1,425€14,562€5,240▼ 64.0%
Financial income75/76B----€81-
Recurring financial income75----€81-
Financial charges65/66B-€16€39€74€61▼ 16.8%
Recurring financial charges65-€16€39€74€61▼ 16.8%
Profit (loss) for the period before taxes9903-€453€1,341€1,386€14,488€5,259▼ 63.7%
Income taxes67/77---€2,589€1,063▼ 58.9%
Profit (loss) for the period9904-€453€1,341€1,386€11,899€4,196▼ 64.7%
Profit (loss) for the period to be appropriated9905-€453€1,341€1,386€11,899€4,196▼ 64.7%
Line20202021202220232024Change
Assets
Total assets20/58€59€1,455€8,493€36,325€40,496▲ 11.5%
Fixed assets21/28€59€59€59€20,641€15,768▼ 23.6%
Tangible fixed assets22/27---€20,641€15,768▼ 23.6%
Plant, machinery and equipment23---€2,097€1,356▼ 35.3%
Furniture and vehicles24---€18,544€14,412▼ 22.3%
Financial fixed assets28€59€59€59€0--
Current assets29/58-€1,396€8,434€15,684€24,728▲ 57.7%
Amounts receivable within one year40/41-€129€180€3,592€8,241▲ 129%
Trade receivables40-€100€100€3,086€6,804▲ 121%
Other amounts receivable41-€29€80€506€1,437▲ 184%
Cash at bank and in hand54/58-€1,267€8,254€11,344€15,739▲ 38.7%
Deferred charges and accrued income490/1---€748€748=
Equity and liabilities
Total equity and liabilities10/49€59€1,455€8,493€36,325€40,496▲ 11.5%
Equity10/15-€4,353-€3,012-€1,626€10,273€14,469▲ 40.8%
Contributions10/11-€68,642€68,642€68,642€68,642=
Reserves13€30,205€30,205€30,205€30,205€30,205=
Distributable reserves133-€30,205€30,205€30,205€30,205=
Profit (loss) carried forward14-€103,199-€101,858-€100,472-€88,573-€84,377▲ 4.7%
Amounts payable17/49€4,411€4,466€10,119€26,051€26,026▼ 0.1%
Amounts payable within one year42/48€4,411€4,466€10,119€26,051€26,026▼ 0.1%
Current portion of amounts payable after more than one year42--€543---
Trade debts44--€644€12,176€13,024▲ 7.0%
Suppliers440/4--€644€12,176€13,024▲ 7.0%
Taxes, remuneration and social security45--€456€4,238€4,383▲ 3.4%
Taxes450/3--€456€4,238€4,383▲ 3.4%
Other amounts payable47/48-€4,466€8,476€9,637€8,619▼ 10.6%
Line20202021202220232024Change
Profit (loss) for the period9904-€453€1,341€1,386€11,899€4,196▼ 64.7%
+ Depreciation and write-downs630---€2,243€4,873▲ 117%
Operating cash flow (approximation)-€453€1,341€1,386€14,142€9,069▼ 35.9%
Investment in fixed assets (approximation)-€0€0-€22,825€0▲ 100%
Change in cash--€6,988€3,089€4,395▲ 42.3%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
28-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 59 days late
2024
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial Highest result since 2018net €11,899 ▲758%
Operating result €14,562, net result €11,899, both a record.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Back to profitnet €1,341
Net result €1,341 after 3 loss-making years.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial Weakest financial yearnet -€453
Net result drops to -€453, the lowest in the series; recovery starts the following year.
24-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kortemark · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
2,563 m²
Building footprint
159 m²
Volume, LiDAR
485 m³
Parcel 32011B0307/00H000, Flanders · tallest building 7.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SOFICOM
Ichtegemstraat 125, 8610 KortemarkActivities of head offices; management consultancy activities
since 20152.245.505.557
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
32011B0307/00H000 Flanders 2,563 m² 1 · 159 m² 7.8 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 to 2025 · 3 entries · 913 EUR awarded · 913 EUR paid
Year Entries awardedpaid
2025 1 72 EUR72 EUR
2024 1 431 EUR431 EUR
2023 1 410 EUR410 EUR
Schemes
3 entries · 913 EUR · 913 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 13,417 companies in sector 73300 we hold annual accounts for 6,906. 4,261 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded26-07-1983
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy
82100Office administrative and support services
82990Other business support services
96999Other personal services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0424824465
Also 9925:BE0424824465
Registered 27-11-2025

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.