SOFIDEL BENELUX
ActiveSummary
SOFIDEL BENELUX has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22.3m and a net result of €2.3m. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 42% of 76 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability62▲+1
Solvency66▲+10
Growth50=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,400,000 at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.05 in 2024; short-term debt: 58.3% and cash: 14.8% of total assets), and 58.7% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
41.3%
Return on assets
4.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 17
Relative position
BE, all sectors
reference
Manufacture of paper and paper products (NACE 17)
about 49% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-03-2026, 123 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
123 d early
2024
76 d early
2023
99 d early
2022
104 d early
2021
107 d early
2020
134 d early
2019
151 d early
← 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 113 days before the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 18 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
SOFIDEL BENELUX was incorporated on 9 May 2007.1 In 2008 the capital was increased by EUR 1 to EUR 61,501.2 Since 2013 the company has been called Sofidel Benelux.3 The board currently has 2 members; Luigi Lazzareschi has served longest, since 2010.4 Revenue grew from EUR 102 million in 2018 to EUR 132 million in 2025 and headcount from 175 to 158 full-time equivalents.5
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Financials · fiscal year 2025, full schema
In the rankings
#3 company by total assets in Duffel, Manufacturing sector#3 company by equity in Duffel, Manufacturing sector#4 employer in Duffel
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€132.2m▲ 4.2%
2024 · €126.9m
EBIT margin
2.6%▲ 0.2pp
2024 · 2.4%
Net result
€2.3m▼ 0.8%
2024 · €2.3m
Working capital
€5.5m▲ 171%
2024 · €2.0m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 17, Manufacture of paper and paper products, 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
Line20212022202320242025
Turnover€109.3m▼ 3.6%€108.1m▼ 1.0%€123.9m▲ 14.5%€126.9m▲ 2.4%€132.2m▲ 4.2%
Operating result€6.6m▼ 25.9%-€256,911€5.5m€3.1m▼ 44.7%€3.5m▲ 13.1%
Net result€4.5mabove the sector's middle half▼ 26.5%-€692,897below the sector's middle half€4.2mabove the sector's middle half€2.3mabove the sector's middle half▼ 44.5%€2.3mabove the sector's middle half▼ 0.8%
EBIT margin6.0%▼ 1.8pp-0.2%▼ 6.3pp4.5%▲ 4.7pp2.4%▼ 2.1pp2.6%▲ 0.2pp
Equity€29.2mabove the sector's middle half▲ 18.0%€28.5mabove the sector's middle half▼ 2.4%€32.7mabove the sector's middle half▲ 14.7%€20.0mwithin the sector's middle half▼ 38.7%€22.3mwithin the sector's middle half▲ 11.5%
Total assets€65.6mabove the sector's middle half▲ 3.4%€58.8mabove the sector's middle half▼ 10.3%€63.4mabove the sector's middle half▲ 7.8%€64.1mabove the sector's middle half▲ 1.0%€54.1mabove the sector's middle half▼ 15.5%
Debt€35.9m▼ 5.3%€29.9m▼ 16.5%€30.4m▲ 1.7%€43.7m▲ 43.4%€31.5m▼ 27.8%
Working capital€9.0mabove the sector's middle half▲ 19.5%€7.7mabove the sector's middle half▼ 15.0%€13.4mabove the sector's middle half▲ 74.6%€2.0mwithin the sector's middle half▼ 84.8%€5.5mabove the sector's middle half▲ 171%
Solvency44.6%within the sector's middle half▲ 5.5pp48.5%within the sector's middle half▲ 3.9pp51.6%within the sector's middle half▲ 3.1pp31.3%within the sector's middle half▼ 20.3pp41.3%within the sector's middle half▲ 10.0pp
Current ratio1.27within the sector's middle half▲ 0.031.26within the sector's middle half▼ 0.011.44within the sector's middle half▲ 0.181.05within the sector's middle half▼ 0.391.18within the sector's middle half▲ 0.13
Return on assets (ROA)6.8%within the sector's middle half▼ 2.8pp-1.2%below the sector's middle half▼ 8.0pp6.6%within the sector's middle half▲ 7.8pp3.6%within the sector's middle half▼ 3.0pp4.3%within the sector's middle half▲ 0.6pp
Staff (FTE)163.7above the sector's middle half▼ 2.4%160.7above the sector's middle half▼ 1.8%156.2above the sector's middle half▼ 2.8%156.1within the sector's middle half▼ 0.1%157.7above the sector's middle half▲ 1.0%
above
within
below
the middle half (P25 to P75) of NACE 17, Manufacture of paper and paper products, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 13% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54.1m
Fixed assets
€17.1m ▼ 7.1%
Current assets
€37.1m ▼ 18.9%
Equity and liabilities €54.1m
Equity
€22.3m ▲ 11.5%
Provisions
€244,411 ▼ 32.1%
Debt
€31.5m ▼ 27.8%
Debt's share of the balance-sheet total falls from 68.2% to 58.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€5.6m▲
2024 · €5.2m
Cash flow
€4.4m▼
2024 · €4.5m
Quick ratio
0.78▲
2024 · 0.75
Debt to equity
1.41▼
2024 · 2.18
ROE
10.3%▼
2024 · 11.6%
Interest coverage
21.64▲
2024 · 19.98
Debt ≤ 1 year
€31.5m▼
2024 · €43.7m
Income taxes
€907,044▼
2024 · €911,285
Staff costs
€16.5m▲
2024 · €16.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 544 companies that looked in July 2024 the way this one looks now, 0% went bankrupt within 24 months and 93% are still going.
- Medium-sized
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.9% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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%.
| 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 544 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €111.2m | €112.2m | €128.4m | €129.2m | €133.8m | ▲ 3.5% |
| Turnover70 | €109.3m | €108.1m | €123.9m | €126.9m | €132.2m | ▲ 4.2% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | €447,981 | €2.0m | €1.2m | €201,149 | -€180,880 | ▼ 190% |
| Other operating income74 | €1.4m | €2.0m | €3.3m | €2.1m | €1.8m | ▼ 17.3% |
| Non-recurring operating income76A | €34,933 | €6,210 | €6,491 | €1,722 | €2,079 | ▲ 20.7% |
| Operating charges60/66A | €104.6m | €112.4m | €122.9m | €126.1m | €130.3m | ▲ 3.3% |
| Goods for resale, raw materials and consumables60 | €47.9m | €48.3m | €53.2m | €61.4m | €60.9m | ▼ 0.8% |
| Purchases600/8 | €46.2m | €46.8m | €49.3m | €58.4m | €61.0m | ▲ 4.4% |
| Change in stocks: decrease (increase)609 | €1.7m | €1.5m | €3.8m | €2.9m | -€91,662 | ▼ 103% |
| Services and other goods61 | €40.6m | €46.9m | €51.1m | €45.4m | €48.8m | ▲ 7.5% |
| Remuneration, social security and pensions62 | €13.3m | €13.7m | €15.4m | €16.0m | €16.5m | ▲ 2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2.2m | €2.3m | €2.3m | €2.2m | €2.1m | ▼ 3.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€40,803 | €29,492 | €30,668 | -€182 | €261,445 | ▲ 144,044% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | -€302,167 | -€117,020 | -€78,147 | €84,440 | -€115,603 | ▼ 237% |
| Other operating charges640/8 | €978,063 | €1.4m | €945,985 | €984,618 | €1.9m | ▲ 88.4% |
| Non-recurring operating charges66A | €0 | €0 | €116,170 | €53,954 | €2,234 | ▼ 95.9% |
| Operating profit (loss)9901 | €6.6m | -€256,911 | €5.5m | €3.1m | €3.5m | ▲ 13.1% |
| Financial income75/76B | €171,920 | €203,016 | €365,801 | €457,481 | €302,569 | ▼ 33.9% |
| Recurring financial income75 | €171,920 | €203,016 | €365,801 | €457,481 | €302,569 | ▼ 33.9% |
| Income from current assets751 | €141,065 | €145,369 | €335,709 | €447,352 | €188,796 | ▼ 57.8% |
| Other financial income752/9 | €30,855 | €57,647 | €30,092 | €10,129 | €113,773 | ▲ 1,023% |
| Financial charges65/66B | €601,202 | €640,956 | €815,879 | €280,768 | €549,184 | ▲ 95.6% |
| Recurring financial charges65 | €601,202 | €640,956 | €815,879 | €280,768 | €549,184 | ▲ 95.6% |
| Debt charges650 | €353,270 | €292,226 | €456,567 | €262,607 | €257,351 | ▼ 2.0% |
| Other financial charges652/9 | €247,932 | €348,730 | €359,312 | €18,161 | €291,834 | ▲ 1,507% |
| Profit (loss) for the period before taxes9903 | €6.1m | -€694,852 | €5.1m | €3.2m | €3.2m | ▼ 0.7% |
| Income taxes67/77 | €1.7m | -€1,955 | €896,987 | €911,285 | €907,044 | ▼ 0.5% |
| Taxes670/3 | €1.7m | €21,785 | €896,987 | €911,285 | €917,185 | ▲ 0.6% |
| Tax adjustments and reversals of tax provisions77 | €0 | €23,739 | €0 | - | €10,141 | - |
| Profit (loss) for the period9904 | €4.5m | -€692,897 | €4.2m | €2.3m | €2.3m | ▼ 0.8% |
| Profit (loss) for the period to be appropriated9905 | €4.5m | -€692,897 | €4.2m | €2.3m | €2.3m | ▼ 0.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €65.6m | €58.8m | €63.4m | €64.1m | €54.1m | ▼ 15.5% |
| Formation expenses20 | €1,529 | €0 | €0 | €0 | €0 | = |
| Fixed assets21/28 | €22.7m | €21.2m | €19.6m | €18.4m | €17.1m | ▼ 7.1% |
| Intangible fixed assets21 | €0 | €0 | €0 | €3,000 | €2,250 | ▼ 25.0% |
| Tangible fixed assets22/27 | €22.3m | €20.9m | €19.2m | €18.0m | €16.7m | ▼ 7.3% |
| Land and buildings22 | €6.4m | €6.2m | €5.8m | €5.8m | €5.8m | ▼ 0.3% |
| Plant, machinery and equipment23 | €15.4m | €14.2m | €13.0m | €11.7m | €10.6m | ▼ 9.4% |
| Furniture and vehicles24 | €73,684 | €112,240 | €77,794 | €56,584 | €35,486 | ▼ 37.3% |
| Assets under construction and advance payments27 | €407,302 | €387,134 | €311,325 | €480,274 | €303,109 | ▼ 36.9% |
| Financial fixed assets28 | €358,600 | €326,550 | €349,306 | €344,083 | €352,959 | ▲ 2.6% |
| Other financial fixed assets284/8 | €358,600 | €326,550 | €349,306 | €344,083 | €352,959 | ▲ 2.6% |
| Amounts receivable and cash guarantees285/8 | €358,600 | €326,550 | €349,306 | €344,083 | €352,959 | ▲ 2.6% |
| Current assets29/58 | €42.9m | €37.6m | €43.9m | €45.7m | €37.1m | ▼ 18.9% |
| Stocks and contracts in progress3 | €9.2m | €12.4m | €12.3m | €12.8m | €12.5m | ▼ 2.7% |
| Stocks30/36 | €9.2m | €12.4m | €12.3m | €12.8m | €12.5m | ▼ 2.7% |
| Raw materials and consumables30/31 | €4.9m | €6.0m | €4.7m | €5.0m | €5.0m | ▲ 0.2% |
| Work in progress32 | €1.4m | €2.9m | €3.0m | €3.4m | €3.4m | ▼ 1.1% |
| Finished goods33 | €3.0m | €3.4m | €4.6m | €4.4m | €4.1m | ▼ 7.3% |
| Amounts receivable within one year40/41 | €11.2m | €22.3m | €29.5m | €20.7m | €15.8m | ▼ 23.9% |
| Trade receivables40 | €10.9m | €6.9m | €20.7m | €20.4m | €15.6m | ▼ 23.6% |
| Other amounts receivable41 | €226,748 | €15.3m | €8.8m | €304,287 | €168,162 | ▼ 44.7% |
| Cash at bank and in hand54/58 | €22.0m | €1.8m | €1.2m | €11.1m | €8.0m | ▼ 27.3% |
| Deferred charges and accrued income490/1 | €510,723 | €1.2m | €820,689 | €1.1m | €773,191 | ▼ 28.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €65.6m | €58.8m | €63.4m | €64.1m | €54.1m | ▼ 15.5% |
| Equity10/15 | €29.2m | €28.5m | €32.7m | €20.0m | €22.3m | ▲ 11.5% |
| Contributions10/11 | €4.6m | €4.6m | €4.6m | €4.6m | €4.6m | = |
| Capital10 | €61,502 | €61,502 | €61,502 | €61,502 | €61,502 | = |
| Issued capital100 | €61,502 | €61,502 | €61,502 | €61,502 | €61,502 | = |
| Outside capital11 | €4.5m | €4.5m | €4.5m | €4.5m | €4.5m | = |
| Share premium1100/10 | €0 | - | - | - | - | - |
| Other1109/19 | €4.5m | €4.5m | €4.5m | €4.5m | €4.5m | = |
| Reserves13 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Non-distributable reserves130/1 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Legal reserve130 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Profit (loss) carried forward14 | €24.7m | €24.0m | €28.2m | €15.5m | €17.8m | ▲ 14.9% |
| Provisions and deferred taxes16 | €470,741 | €353,721 | €275,574 | €360,014 | €244,411 | ▼ 32.1% |
| Provisions for liabilities and charges160/5 | €470,741 | €353,721 | €275,574 | €360,014 | €244,411 | ▼ 32.1% |
| Pensions and similar obligations160 | €470,741 | €353,721 | €275,574 | €360,014 | €244,411 | ▼ 32.1% |
| Amounts payable17/49 | €35.9m | €29.9m | €30.4m | €43.7m | €31.5m | ▼ 27.8% |
| Amounts payable after more than one year17 | €2.0m | €0 | - | - | - | - |
| Financial debts170/4 | €2.0m | €0 | - | - | - | - |
| Credit institutions173 | €2.0m | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €33.8m | €29.9m | €30.4m | €43.7m | €31.5m | ▼ 27.8% |
| Current portion of amounts payable after more than one year42 | €4.0m | €2.0m | €0 | - | - | - |
| Financial debts43 | €0 | - | €14,885 | €2,616 | €7,354 | ▲ 181% |
| Credit institutions430/8 | €0 | - | €14,885 | €2,616 | €7,354 | ▲ 181% |
| Trade debts44 | €27.6m | €25.5m | €27.5m | €25.3m | €28.0m | ▲ 10.9% |
| Suppliers440/4 | €27.6m | €25.5m | €27.5m | €25.3m | €28.0m | ▲ 10.9% |
| Taxes, remuneration and social security45 | €2.2m | €2.4m | €3.0m | €3.4m | €3.5m | ▲ 3.2% |
| Taxes450/3 | €405,187 | €527,016 | €431,578 | €467,037 | €499,927 | ▲ 7.0% |
| Remuneration and social security454/9 | €1.8m | €1.9m | €2.5m | €2.9m | €3.0m | ▲ 2.6% |
| Other amounts payable47/48 | - | - | - | €15.0m | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €33,325 | €11,108 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4.5m | -€692,897 | €4.2m | €2.3m | €2.3m | ▼ 0.8% |
| + Depreciation and write-downs630 | €2.2m | €2.3m | €2.3m | €2.2m | €2.1m | ▼ 3.6% |
| Operating cash flow (approximation) | €6.6m | €1.6m | €6.4m | €4.5m | €4.4m | ▼ 2.2% |
| Investment in fixed assets (approximation) | - | -€783,807 | -€613,723 | -€981,330 | -€800,778 | ▲ 18.4% |
| Change in cash | - | -€20.2m | -€603,353 | €9.9m | -€3.0m | ▼ 131% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
24-09
State Gazette act
Permanent representatives: Eef Naessens and Frédéric De Mee3 facts ▸
State Gazette act
Permanent representatives: Eef Naessens and Frédéric De Mee
3 facts ▸
- Board meeting, 09-09-2025
- Permanent representative, Eef Naessens
- Permanent representative, Frédéric De Mee
19-05
State Gazette act
Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Eef Naessens3 facts ▸
State Gazette act
Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Eef Naessens3 facts ▸
- Written resolution, 29-04-2025
- Auditor reappointment, EY Bedrijfsrevisoren BV (statutory auditor)
- Permanent representative, Eef Naessens
16-05
State Gazette act
Resignation: Edilio Stefani (director)Appointment: Nicolò Stefani (director) · Mandate compensation4 facts ▸
State Gazette act
Resignation: Edilio Stefani (director)
Appointment: Nicolò Stefani (director) · Mandate compensation4 facts ▸
- General meeting, 13-03-2025
- Director resignation, Edilio Stefani (director)
- Director appointment, Nicolò Stefani (director)
- Mandate compensation, Nicolò Stefani
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
23-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €4.2m
Net result €4.2m after one loss-making year.
21-12
State Gazette act
Statutes amendment1 fact ▸
State Gazette act
Statutes amendment
1 fact ▸
- Statutes amendment
18-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
17-03
State Gazette act
Capital & sharesBoard meeting1 fact ▸
State Gazette act
Capital & shares
Board meeting1 fact ▸
- Board meeting, 03-02-2023
2022
31-12
Financial
Weakest financial yearnet -€692,897
Net result drops to -€692,897, the lowest in the series; recovery starts the following year.
02-05
State Gazette act
Reappointment: EY Bedrijfsrevisoren (statutory auditor)Permanent representative: Eef Naessens3 facts ▸
State Gazette act
Reappointment: EY Bedrijfsrevisoren (statutory auditor)
Permanent representative: Eef Naessens3 facts ▸
- General meeting, 16-03-2022
- Auditor reappointment, EY Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Eef Naessens
Show earlier events
15-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €25mEq €29.2m ▲18%
4 profitable years in a row build equity to €29.2m.
19-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
10-03
State Gazette act
Reappointment: Luigi Lazzareschi (director)4 facts ▸
State Gazette act
Reappointment: Luigi Lazzareschi (director)
4 facts ▸
- General meeting, 25-02-2021
- Director reappointment, Luigi Lazzareschi (director)
- Board composition, Luigi Lazzareschi (director)
- Board composition, Edilio Stefani (director)
19-01
State Gazette act
Resignation: Emi Stefani (director)Appointment: Edilio Stefani (director) · Director discharge4 facts ▸
State Gazette act
Resignation: Emi Stefani (director)
Appointment: Edilio Stefani (director) · Director discharge4 facts ▸
- General meeting, 28-12-2020
- Director resignation, Emi Stefani (director)
- Director discharge, Emi Stefani
- Director appointment, Edilio Stefani (director)
2020
31-12
Financial
Highest result since 2018net €6.1m ▲58.2%
Operating result €8.9m, net result €6.1m, both a record.
02-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
14-03
State Gazette act
Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)Permanent representative: Naessens Eef3 facts ▸
State Gazette act
Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)
Permanent representative: Naessens Eef3 facts ▸
- General meeting, 27-02-2019
- Auditor reappointment, Ernst & Young Bedrijfsrevisoren
- Permanent representative, Naessens Eef
2018
28-08
State Gazette act
Statutes amendment1 fact ▸
State Gazette act
Statutes amendment
1 fact ▸
- Statutes amendment
14-08
State Gazette act
Resignation: Jean-Paul Cussenot (day-to-day manager)Appointment: Sylvain Bickel (day-to-day manager) · Mandate compensation4 facts ▸
State Gazette act
Resignation: Jean-Paul Cussenot (day-to-day manager)
Appointment: Sylvain Bickel (day-to-day manager) · Mandate compensation4 facts ▸
- Board meeting, 28-06-2018
- Director resignation, Jean-Paul Cussenot (day-to-day manager)
- Director appointment, Sylvain Bickel (day-to-day manager)
- Mandate compensation, Sylvain Bickel
04-04
State Gazette act
Permanent representative: Eef Naessens2 facts ▸
State Gazette act
Permanent representative: Eef Naessens
2 facts ▸
- Board meeting, 31-01-2018
- Permanent representative, Eef Naessens
22-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
17-03
State Gazette act
Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)Permanent representative: Marleen Mannekens · Mandate compensation5 facts ▸
State Gazette act
Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)
Permanent representative: Marleen Mannekens · Mandate compensation5 facts ▸
- General meeting, 25-02-2016
- Board meeting, 02-02-2016
- Auditor reappointment, Ernst & Young Bedrijfsrevisoren
- Mandate compensation, Ernst & Young Bedrijfsrevisoren
- Permanent representative, Marleen Mannekens
2015
09-04
State Gazette act
Reappointments: Luigi Lazzareschi (director) and Emi Stefani (director)Mandate compensation5 facts ▸
State Gazette act
Reappointments: Luigi Lazzareschi (director) and Emi Stefani (director)
Mandate compensation5 facts ▸
- General meeting, 24-02-2015
- Director reappointment, Luigi Lazzareschi (director)
- Director reappointment, Emi Stefani (director)
- Mandate compensation, Sofidel Benelux
- Board meeting, 02-02-2015
2014
30-06
State Gazette act
Appointment: Jean-Paul Cussenot (algemeen directeur)Mandate compensation3 facts ▸
State Gazette act
Appointment: Jean-Paul Cussenot (algemeen directeur)
Mandate compensation3 facts ▸
- Board meeting, 20-05-2014
- Director appointment, Jean-Paul Cussenot (algemeen directeur)
- Mandate compensation, Jean-Paul Cussenot
2013
18-04
State Gazette act
Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)3 facts ▸
State Gazette act
Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)
3 facts ▸
- General meeting, 26-02-2013
- Auditor reappointment, Ernst & Young Bedrijfsrevisoren (statutory auditor)
- Board meeting, 31-01-2013
02-04
State Gazette act
Statutes amendmentName change · Power of attorney3 facts ▸
State Gazette act
Statutes amendment
Name change · Power of attorney3 facts ▸
- Name change, Sofidel Benelux
- Statutes amendment
- Power of attorney, K law
2012
09-02
State Gazette act
Resignation: Harry Everaerts (wettelijk vertegenwoordiger)Appointment: Han Wevers (wettelijk vertegenwoordiger)3 facts ▸
State Gazette act
Resignation: Harry Everaerts (wettelijk vertegenwoordiger)
Appointment: Han Wevers (wettelijk vertegenwoordiger)3 facts ▸
- Board meeting, 04-10-2011
- Director resignation, Harry Everaerts (wettelijk vertegenwoordiger)
- Director appointment, Han Wevers (wettelijk vertegenwoordiger)
2011
05-01
State Gazette act
Resignation: PricewaterhouseCoopers Bedrijfsrevisoren (statutory auditor)Appointment: Ernst & Young Bedrijfsrevisoren (statutory auditor) · Permanent representative: Harry Everaerts · Director discharge5 facts ▸
State Gazette act
Resignation: PricewaterhouseCoopers Bedrijfsrevisoren (statutory auditor)
Appointment: Ernst & Young Bedrijfsrevisoren (statutory auditor) · Permanent representative: Harry Everaerts · Director discharge5 facts ▸
- General meeting, 17-12-2010
- Director resignation, PricewaterhouseCoopers Bedrijfsrevisoren (statutory auditor)
- Director discharge, PricewaterhouseCoopers Bedrijfsrevisoren
- Auditor appointment, Ernst & Young Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Harry Everaerts
2010
09-11
State Gazette act
Statutes amendment6 facts ▸
State Gazette act
Statutes amendment
6 facts ▸
- General meeting, 30-09-2010
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- General meeting, Overgangsbepaling: de eerstvolgende gewone algemene vergadering die zal beraadslagen over de jaarrekening afgesloten per eenendertig december tweeduizend en tie…
03-08
State Gazette act
Resignations: Amirali Sharif (Amin) Tejani (director) and Arvind Vij (director)Appointments: Luigi Lazzareschi (director) and Emi Stefani (director) · Mandate compensation · Banking power16 facts ▸
State Gazette act
Resignations: Amirali Sharif (Amin) Tejani (director) and Arvind Vij (director)
Appointments: Luigi Lazzareschi (director) and Emi Stefani (director) · Mandate compensation · Banking power16 facts ▸
- General meeting, 21-06-2010
- Board meeting, 21-06-2010
- Director resignation, Amirali Sharif (Amin) Tejani (director)
- Director resignation, Arvind Vij (director)
- Director appointment, Luigi Lazzareschi (director)
- Director appointment, Emi Stefani (director)
- Mandate compensation, Luigi Lazzareschi
- Mandate compensation, Emi Stefani
- Board composition, Luigi Lazzareschi (director)
- Board composition, Emi Stefani (director)
- Banking power, bijzondere gevolmachtigde, removed
- Banking power, bijzondere gevolmachtigde, removed
- +4 further facts in this act
2008
06-10
State Gazette act
Capital & sharesCapital increase · Bank account · Capital6 facts ▸
State Gazette act
Capital & shares
Capital increase · Bank account · Capital6 facts ▸
- General meeting, 19-09-2008
- Capital increase, €1
- Bank account, 826-1235062-75
- Capital, €61.501
- Power of attorney, Tessa Gijbels
- Power of attorney, Tessa Gijbels
03-06
State Gazette act
Resignation: John Danton (director)2 facts ▸
State Gazette act
Resignation: John Danton (director)
2 facts ▸
- General meeting, 16-05-2008
- Director resignation, John Danton (director)
10-03
State Gazette act
Appointment: PricewaterhouseCoopers BCVBA (statutory auditor)2 facts ▸
State Gazette act
Appointment: PricewaterhouseCoopers BCVBA (statutory auditor)
2 facts ▸
- General meeting, 23-08-2007
- Auditor appointment, PricewaterhouseCoopers BCVBA (statutory auditor)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
24 of 25 acts read
About the unread acts
Of the 25 Belgian State Gazette acts we know for this company, 24 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, last change in 2025
Board 2
Luigi Lazzareschi
CurrentDirector · since 21-06-2010
Nicolò Stefani
CurrentDirector · since 13-03-2025
Day-to-day management 1
Sylvain Bickel
Not recently confirmedDay-to-day manager · since 02-07-2018
Statutory auditor 1
Ernst et Young Reviseurs d'Entreprises
CurrentStatutory auditor · since 17-12-2010 · perm. rep.: Eef Naessens
Other functions 1
Han Wevers
Not recently confirmedWettelijk vertegenwoordiger · since 15-11-2011
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
1 of this company's 25 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Duffel · 2 establishment units since 2007
Ground area
4.5 ha
Building footprint
2.5 ha
Volume, LiDAR
319,727 m³
2 parcels, Flanders, Wallonia · tallest building 24.2 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
Sofidel Benelux
since 20072.164.585.583
Sofidel Benelux
since 20132.218.231.632
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12009E0363/00H002 | Flanders | 4.1 ha | 1 · 2.4 ha | 24.2 m · 5 fl. |
| 25742B0099/00S000 | Wallonia | 4,150 m² | 1 · 358 m² | 14.2 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
13 people since 2007, 5 in office
- Board
- Day-to-day management
- Statutory auditor
- Other function
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| Luigi Lazzareschi |
|
| Nicolò Stefani |
|
| Ernst et Young Reviseurs d'Entreprises |
|
| Sylvain Bickel |
|
| Han Wevers |
|
| Edilio Stefani |
|
| Emi Stefani |
|
| Jean-Paul Cussenot |
|
| Everaerts Harry |
|
| BCVBA PricewaterhouseCoopers |
|
| Amirali Sharif (Amin) Tejani |
|
| Arvind Vij |
|
| John Danton |
|
Structure & network
Owners and holdings
2 ownersChain of control
- SOFIDEL - SOCIETA' PER AZIONIIT
- SOFIDEL BENELUX
Highest known parent: SOFIDEL - SOCIETA' PER AZIONI (Italy). The sources do not say who stands above it.
Owners 2
- Sofidel S.p.A.ITparentSourceown accounts 2025100%
- SOFIDEL - SOCIETA' PER AZIONIITparentSourceLEI registerconsolidated
Holdings 0
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of SOFIDEL BENELUX and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
Confédération of european paper industries
via Luigi Lazzareschi · Director
former→
Capital and shareholders
Capital over the years
- 06-10-2008 Capital increase of 1 EUR · to 61,501 EUR · 1 new share
Public money · subsidies and aid
Flemish government
2022 to 2025 · 13 entries · 4,180,935 EUR awarded · 4,180,935 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 4 | 980,661 EUR | 980,661 EUR |
| 2024 | 3 | 738,527 EUR | 738,527 EUR |
| 2023 | 4 | 2,436,874 EUR | 2,436,874 EUR |
| 2022 | 2 | 24,873 EUR | 24,873 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
549300BKXEYX48R90460
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Of 26 companies in sector 17220 we hold annual accounts for 18. 6 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded09-05-2007
Fiscal year end31-12
Activities, NACEBEL 2025
17220Manufacture of paper and paper products
20160Manufacture of chemicals and chemical products
46442Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0889448824
Registered
25-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.