SOFIDEL BENELUX
ActiveSummary
SOFIDEL BENELUX has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22.3m and a net result of €2.3m. Equity has been growing by about 7.7% per year since 2018. Its solvency ranks better than 43% of 95 sector peers (NACE 17, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 09-05-2007 Normal situation
- Activity
- Manufacture of paper and paper products NACE 17220and 2 others
- Joint committees
- 221 Paritair Comité voor de bedienden uit de papiernijverheid
- 129 Paritair Comité voor de voortbrenging van papierpap, papier en karton · annual accounts 2025
- Establishment units
- 2.164.585.583 2570 Duffel, since 15-05-2007
- 2.218.231.632 1420 Braine-l'Alleud, since 01-04-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 25-11-2025
Board and ownership
Board
- Luigi LazzareschiDirector
- Nicolò StefaniDirector
Shareholders
- Sofidel S.p.A.100%annual accounts 2025
- Sofidelconsolidatesannual accounts 2025
- SOFIDEL - SOCIETA' PER AZIONIconsolidatedLEI register
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts 2025
- Turnover
- €132.2m
- ▲ 4.2%
- Profit
- €2.3m
- ▼ 0.8%
- Equity
- €22.3m
- ▲ 11.5%
- Total assets
- €54.1m
- ▼ 15.5%
- Employees on 31-12-2025
- 161
- ▲ 0.6%
Score breakdownraises riskSector: Manufacture of paper and paper products (NACE 17)lowers riskSize: turnover €132.2m, 157.7 FTE, total assets €54.1mFounded in 2007Liquidity: current ratio 1.18, cash €8.0mShow the evidence
Checked score
Score 2025
94
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 52% of companies in paper (NACE 17)
Financial strength · tick: 2024
Average
Solvency
66+10
equity 41.3% of total assets
Liquidity
38+3
short-term debt 58.3% · cash 14.8%
Profitability
62+1
return on assets 4.3%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025highest value
06-2025: 0.1%▼ -0.1 percentage points vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026lowest value
06-2026: 0.1%● unchanged vs 05-2026lowest value
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €2,100,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.18 (1.05 in 2024), below the usual 1.5. Short-term debt is 58.3% and cash 14.8% of total assets. 58.7% of the assets are financed with debt and provisions.
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 17). It does better than 48% of them on solvency, 50% on liquidity, 43% on profitability and 68% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 days early
2024
76 days early
2023
99 days early
2022
104 days early
2021
107 days early
2020
134 days early
2019
151 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 113 days before the deadline. In the sector (NACE 17), the median for financial year 2024 was 13 days before the deadline, and 35% 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 18 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 30-03-2026 PDF all 18 filings
Amounts without an identifiable currency are taken as euros.
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
In the rankings
#3 company by total assets in Duffel, Manufacturing sector#3 company by equity in Duffel, Manufacturing sector#4 employer in Duffel
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 13% higher than in 2024. It is a recovery after the fall in 2024.
Turnover€132.2m
2025
Operating result€3.5m
2025
Net result€2.3m
2025
Total assets€54.1m
2025
Equity€22.3m
2025
Debt€31.5m
2025
Working capital€5.5m
2025
EBIT margin2.6%
2025
Return on assets (ROA)4.3%
2025
Solvency41.3%
2025
Current ratio1.18
2025
Staff (FTE)157.7
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Manufacture of paper and paper products (NACE 17). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€101.9m-€104.8m▲ 2.8%€113.3m▲ 8.2%€109.3m▼ 3.6%€108.1m▼ 1.0%€123.9m▲ 14.5%€126.9m▲ 2.4%€132.2m▲ 4.2%
Operating result€3.7m-€6.2m▲ 66.3%€8.9m▲ 44.2%€6.6m▼ 25.9%-€0.3m€5.5m€3.1m▼ 44.7%€3.5m▲ 13.1%
Net result€2.2m-€3.8m▲ 76.1%€6.1mabove the sector's middle half▲ 58.2%€4.5mabove the sector's middle half▼ 26.5%-€0.7mbelow 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 margin3.6%-5.9%▲ 2.2pp7.8%▲ 2.0pp6.0%▼ 1.8pp-0.2%▼ 6.3pp4.5%▲ 4.7pp2.4%▼ 2.1pp2.6%▲ 0.2pp
Equity€14.9m-€18.7m▲ 25.8%€24.8mabove the sector's middle half▲ 32.5%€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€61.5m-€59.5m▼ 3.3%€63.4mabove the sector's middle half▲ 6.6%€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€45.6m-€40.0m▼ 12.4%€37.9m▼ 5.3%€35.9m▼ 5.3%€29.9m▼ 16.5%€30.4m▲ 1.7%€43.7m▲ 43.4%€31.5m▼ 27.8%
Working capital€3.4m-€4.3m▲ 25.4%€7.6mabove the sector's middle half▲ 75.3%€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%
Solvency24.2%-31.4%▲ 7.3pp39.1%within the sector's middle half▲ 7.6pp44.6%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 ratio1.11-1.14▲ 0.041.24within the sector's middle half▲ 0.091.27within 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)3.5%-6.4%▲ 2.9pp9.6%above the sector's middle half▲ 3.1pp6.8%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)165-163.9▼ 0.7%167.8above the sector's middle half▲ 2.4%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%156.1above the sector's middle half▼ 0.1%157.7above the sector's middle half▲ 1.0%
above
within
below
The sector band is the middle half of the companies in Manufacture of paper and paper products (NACE 17). A quarter of them sit below it, a quarter above. Each year counts only 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 €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
Customer credit
43 days▼
2024 · 59 days
Supplier credit
168 days▲
2024 · 150 days
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.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 164 | 160 | 159 | 160 | 161 |
| full-time | 153 | 148 | 148 | 148 | 145 |
| part-time | 11 | 12 | 11 | 12 | 16 |
| in full-time equivalents | 161.7 | 157.4 | 156.4 | 157.8 | 158.2 |
| Average over the year, in full-time equivalents | 163.7 | 160.7 | 156.2 | 156.1 | 157.7 |
| On a permanent contract | 164 | 160 | 159 | 160 | 161 |
| Joined | 28 | 16 | 20 | 15 | 18 |
| Left | 35 | 20 | 21 | 13 | 18 |
| Agency workers, average number | 4.7 | 0.6 | 4 | 7.5 | 8.2 |
| Training hours | 1,157 | 13,049 | 17,383 | 16,629 | 19,220 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €819,630 | €815,872 | €682,775 | €1.0m | €793,208 |
| Depreciation and write-downs of the year | €2.2m | €2.3m | €2.3m | €2.2m | €2.1m |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Auditor
The auditor is Ernst et Young Reviseurs d'Entreprises.
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €44,575 | €47,860 | €52,989 | €55,586 | €59,252 |
| Other work by the auditor | €2,000 | €2,130 | €6,000 | €2,425 | - |
| Work by persons linked to the auditor | - | - | - | - | €319,856 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Subsidies and aid
Flemish government
2022 to 2025 · 13 entries · €4.2m awarded · €4.2m paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 4 | €1.0m | €1.0m |
| 2024 | 3 | €0.7m | €0.7m |
| 2023 | 4 | €2.4m | €2.4m |
| 2022 | 2 | €0.02m | €0.02m |
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €111.2m | €112.2m | €128.4m | €129.2m | €133.8m | ▲ 3.5% |
| Turnover70 | €101.9m | €104.8m | €113.3m | €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 | - | - | - | €0.4m | €2.0m | €1.2m | €0.2m | -€0.2m | - |
| Other operating income74 | - | - | - | €1.4m | €2.0m | €3.3m | €2.1m | €1.8m | ▼ 17.3% |
| Non-recurring operating income76A | - | - | - | €0.03m | €0.006m | €0.006m | €0.002m | €0.002m | ▲ 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 | -€0.09m | - |
| 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 | €2.9m | €2.6m | €2.4m | €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 | - | - | - | -€0.04m | €0.03m | €0.03m | -€182 | €0.3m | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | -€0.3m | -€0.1m | -€0.08m | €0.08m | -€0.1m | - |
| Other operating charges640/8 | - | - | - | €1.0m | €1.4m | €0.9m | €1.0m | €1.9m | ▲ 88.4% |
| Non-recurring operating charges66A | - | - | - | €0 | €0 | €0.1m | €0.05m | €0.002m | ▼ 95.9% |
| Operating profit (loss)9901 | €3.7m | €6.2m | €8.9m | €6.6m | -€0.3m | €5.5m | €3.1m | €3.5m | ▲ 13.1% |
| Financial income75/76B | - | - | - | €0.2m | €0.2m | €0.4m | €0.5m | €0.3m | ▼ 33.9% |
| Recurring financial income75 | €0.06m | €0.1m | €0.2m | €0.2m | €0.2m | €0.4m | €0.5m | €0.3m | ▼ 33.9% |
| Income from current assets751 | - | - | - | €0.1m | €0.1m | €0.3m | €0.4m | €0.2m | ▼ 57.8% |
| Other financial income752/9 | - | - | - | €0.03m | €0.06m | €0.03m | €0.01m | €0.1m | ▲ 11× |
| Financial charges65/66B | - | - | - | €0.6m | €0.6m | €0.8m | €0.3m | €0.5m | ▲ 95.6% |
| Recurring financial charges65 | €0.5m | €0.7m | €0.9m | €0.6m | €0.6m | €0.8m | €0.3m | €0.5m | ▲ 95.6% |
| Debt charges650 | €0.3m | €0.5m | €0.5m | €0.4m | €0.3m | €0.5m | €0.3m | €0.3m | ▼ 2.0% |
| Other financial charges652/9 | - | - | - | €0.2m | €0.3m | €0.4m | €0.02m | €0.3m | ▲ 16× |
| Profit (loss) for the period before taxes9903 | €3.2m | €5.6m | €8.2m | €6.1m | -€0.7m | €5.1m | €3.2m | €3.2m | ▼ 0.7% |
| Income taxes67/77 | €1.0m | €1.8m | €2.1m | €1.7m | -€0.002m | €0.9m | €0.9m | €0.9m | ▼ 0.5% |
| Taxes670/3 | - | - | - | €1.7m | €0.02m | €0.9m | €0.9m | €0.9m | ▲ 0.6% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €0 | €0.02m | €0 | - | €0.01m | - |
| Profit (loss) for the period9904 | €2.2m | €3.8m | €6.1m | €4.5m | -€0.7m | €4.2m | €2.3m | €2.3m | ▼ 0.8% |
| Profit (loss) for the period to be appropriated9905 | €2.2m | €3.8m | €6.1m | €4.5m | -€0.7m | €4.2m | €2.3m | €2.3m | ▼ 0.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €61.5m | €59.5m | €63.4m | €65.6m | €58.8m | €63.4m | €64.1m | €54.1m | ▼ 15.5% |
| Formation expenses20 | €1.0m | €0.3m | €0.002m | €0.002m | €0 | €0 | €0 | €0 | = |
| Fixed assets21/28 | €25.6m | €24.9m | €24.0m | €22.7m | €21.2m | €19.6m | €18.4m | €17.1m | ▼ 7.1% |
| Intangible fixed assets21 | €0.007m | €0.005m | €0.002m | €0 | €0 | €0 | €0.003m | €0.002m | ▼ 25.0% |
| Tangible fixed assets22/27 | €25.2m | €24.6m | €23.7m | €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 | - | - | - | €0.07m | €0.1m | €0.08m | €0.06m | €0.04m | ▼ 37.3% |
| Assets under construction and advance payments27 | - | - | - | €0.4m | €0.4m | €0.3m | €0.5m | €0.3m | ▼ 36.9% |
| Financial fixed assets28 | €0.3m | €0.3m | €0.3m | €0.4m | €0.3m | €0.3m | €0.3m | €0.4m | ▲ 2.6% |
| Other financial fixed assets284/8 | - | - | - | €0.4m | €0.3m | €0.3m | €0.3m | €0.4m | ▲ 2.6% |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.4m | €0.3m | €0.3m | €0.3m | €0.4m | ▲ 2.6% |
| Current assets29/58 | €35.0m | €34.2m | €39.4m | €42.9m | €37.6m | €43.9m | €45.7m | €37.1m | ▼ 18.9% |
| Stocks and contracts in progress3 | €9.4m | €9.6m | €8.1m | €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 | €25.0m | €23.3m | €30.2m | €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 | - | - | - | €0.2m | €15.3m | €8.8m | €0.3m | €0.2m | ▼ 44.7% |
| Cash at bank and in hand54/58 | €0.2m | €1.1m | €0.3m | €22.0m | €1.8m | €1.2m | €11.1m | €8.0m | ▼ 27.3% |
| Deferred charges and accrued income490/1 | - | - | - | €0.5m | €1.2m | €0.8m | €1.1m | €0.8m | ▼ 28.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €61.5m | €59.5m | €63.4m | €65.6m | €58.8m | €63.4m | €64.1m | €54.1m | ▼ 15.5% |
| Equity10/15 | €14.9m | €18.7m | €24.8m | €29.2m | €28.5m | €32.7m | €20.0m | €22.3m | ▲ 11.5% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €4.6m | €4.6m | €4.6m | €4.6m | €4.6m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Contributions 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 | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Profit (loss) carried forward14 | €10.3m | €14.1m | €20.2m | €24.7m | €24.0m | €28.2m | €15.5m | €17.8m | ▲ 14.9% |
| Provisions and deferred taxes16 | €1.0m | €0.8m | €0.8m | €0.5m | €0.4m | €0.3m | €0.4m | €0.2m | ▼ 32.1% |
| Provisions for liabilities and charges160/5 | - | - | - | €0.5m | €0.4m | €0.3m | €0.4m | €0.2m | ▼ 32.1% |
| Pensions and similar obligations160 | - | - | - | €0.5m | €0.4m | €0.3m | €0.4m | €0.2m | ▼ 32.1% |
| Amounts payable17/49 | €45.6m | €40.0m | €37.9m | €35.9m | €29.9m | €30.4m | €43.7m | €31.5m | ▼ 27.8% |
| Amounts payable after more than one year17 | €14.0m | €10.0m | €6.0m | €2.0m | €0 | - | - | - | - |
| Financial debts170/4 | - | - | - | €2.0m | €0 | - | - | - | - |
| Credit institutions173 | - | - | - | €2.0m | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €31.5m | €29.9m | €31.8m | €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 | - | €0.01m | €0.003m | €0.007m | ▲ 181% |
| Credit institutions430/8 | - | - | - | €0 | - | €0.01m | €0.003m | €0.007m | ▲ 181% |
| Trade debts44 | €24.0m | €23.4m | €24.4m | €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 | - | - | - | €0.4m | €0.5m | €0.4m | €0.5m | €0.5m | ▲ 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 | - | - | - | €0.03m | €0.01m | €0 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.2m | €3.8m | €6.1m | €4.5m | -€0.7m | €4.2m | €2.3m | €2.3m | ▼ 0.8% |
| + Depreciation and write-downs630 | €2.9m | €2.6m | €2.4m | €2.2m | €2.3m | €2.3m | €2.2m | €2.1m | ▼ 3.6% |
| Operating cash flow (approximation) | €5.1m | €6.5m | €8.5m | €6.6m | €1.6m | €6.4m | €4.5m | €4.4m | ▼ 2.2% |
| Investment in fixed assets (approximation) | - | -€2.0m | -€1.5m | -€0.8m | -€0.8m | -€0.6m | -€1.0m | -€0.8m | ▲ 18.4% |
| Change in cash | - | €0.9m | -€0.8m | €21.7m | -€20.2m | -€0.6m | €9.9m | -€3.0m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 544 companies had the same profile as SOFIDEL BENELUX has now. Two years later, 0.2% had gone bankrupt and 93.6% were still going.
- Medium-sized
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
5.9%
stopped otherwise
93.6%
was still going
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SOFIDEL BENELUX itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 544 companies, not a prediction for SOFIDEL BENELUX. 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.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 30-03-2026 | 2026-00068997 | |
| 31-12-2024 | full format | 16-05-2025 | 2025-00104337 | |
| 31-12-2023 | full format | 23-04-2024 | 2024-00070449 | |
| 31-12-2022 | full format | 18-04-2023 | 2023-00064055 | |
| 31-12-2021 | full format | 15-04-2022 | 2022-20008020 | |
| 31-12-2020 | full format | 19-03-2021 | 2021-08300243 | |
| 31-12-2019 | full format | 02-03-2020 | 2020-06200206 | |
| 31-12-2018 | full format | 28-03-2019 | 2019-08600506 | |
| 31-12-2017 | full format | 22-03-2018 | 2018-07700042 | |
| 31-12-2016 | full format | 31-03-2017 | 2017-08500449 |
Board & ownership
Directors
Directors
2 directors, no change since 2026
Board 2
Luigi Lazzareschi
Current
Director · appointed in the act of 03-08-2010 · 6-year term from 2026
Nicolò Stefani
Current
Director · appointed in the act of 16-05-2025 · 6-year term from 2026
Statutory auditor 1
Ernst et Young Reviseurs d'Entreprises
Current
Statutory auditor · current term since 29-04-2025 · term of 3 financial years from 2025 · permanent representative: Eef Naessens · listed in the 2025 annual accounts, filed on 30-03-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 05-05-2026Owners and capital
Shareholders
3 ownersChain of control
- SofidelIT
- SOFIDEL - SOCIETA' PER AZIONIIT
- SOFIDEL BENELUX
Owners 3
- Sofidel S.p.A.ITparentSourceown accounts 2025100%
- SofidelITconsolidating parentconsolidates
- SOFIDEL - SOCIETA' PER AZIONIITparentSourceLEI registerconsolidated
Capital transactions
Capital over time
- 06-10-2008 Capital increase of €1 · to €61,501 · 1 new share
Mandate history
13 people, 3 in office
- Board
- Day-to-day management
- Statutory auditor
- Other function
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| Luigi Lazzareschi |
|
| Nicolò Stefani |
|
| Ernst et Young Reviseurs d'Entreprises |
|
| Edilio Stefani |
|
| Emi Stefani |
|
| Sylvain Bickel |
|
| Jean-Paul Cussenot |
|
| Han Wevers |
|
| Everaerts Harry |
|
| BCVBA PricewaterhouseCoopers |
|
| Amirali Sharif (Amin) Tejani |
|
| Arvind Vij |
|
| John Danton |
|
Network & group
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, zoom with the mouse wheel.
Linked via shared directors
Confédération of european paper industries
via Luigi Lazzareschi · Director
former→
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
05-05
Gazette deed
Reappointments: Luigi Lazzareschi (director) and Nicolò Stefani (director)5 points ▸
Gazette deed
Reappointments: Luigi Lazzareschi (director) and Nicolò Stefani (director)
5 points ▸
- General meeting, 25-02-2026
- Board composition, Luigi Lazzareschi (director)
- Board composition, Nicolò Stefani (director)
- Director reappointment, Luigi Lazzareschi (director)
- Director reappointment, Nicolò Stefani (director)
30-03
full format · 123 days before the deadline
2025
24-09
Gazette deed
Permanent representative: Frédéric De MeePower of attorney7 points ▸
Gazette deed
Permanent representative: Frédéric De Mee
Power of attorney7 points ▸
- Board meeting, 09-09-2025
- Permanent representative, Frédéric De Mee
- Power of attorney, Gert Cauwenbergh
- Power of attorney, Charlotte Reabel
- Power of attorney, Amber Claes
- Power of attorney, Annick Garcet
- Power of attorney, Chloë Everaert
19-05
Gazette deed
Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Eef Naessens3 points ▸
Gazette deed
Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Eef Naessens3 points ▸
- General meeting, 29-04-2025
- Auditor reappointment, EY Bedrijfsrevisoren BV (statutory auditor)
- Permanent representative, Eef Naessens
16-05
Gazette deed
Resignation: Edilio Stefani (director)Appointment: Nicolò Stefani (director)3 points ▸
Gazette deed
Resignation: Edilio Stefani (director)
Appointment: Nicolò Stefani (director)3 points ▸
- General meeting, 13-03-2025
- Director resignation, Edilio Stefani (director)
- Director appointment, Nicolò Stefani (director)
16-05
full format · 76 days before the deadline
2024
23-04
full format · 99 days before the deadline
2023
31-12
Financial
Back to profitnet €4.2m
The net result is €4.2m, after one loss-making year.
21-12
Gazette deed
Amendment of the articles2 points ▸
Gazette deed
Amendment of the articles
2 points ▸
- Amendment of the articles, mentioned 2 times in the deed
- Other provision, “datum jaarvergadering” (deed in Dutch)
18-04
full format · 104 days before the deadline
17-03
Gazette deed
Capital & shares1 point ▸
Gazette deed
Capital & shares
1 point ▸
- Other provision, “vaststelling van vereniging van alle aandelen in één hand, raad van bestuur” (deed in Dutch)
2022
31-12
Financial
Weakest financial yearnet -€692,897
The net result drops to -€692,897, the lowest from 2018 to 2025. It recovers the following year.
Show earlier events
02-05
Gazette deed
Reappointment: EY Bedrijfsrevisoren (statutory auditor)Permanent representative: Eef Naessens3 points ▸
Gazette deed
Reappointment: EY Bedrijfsrevisoren (statutory auditor)
Permanent representative: Eef Naessens3 points ▸
- General meeting, 16-03-2022
- Auditor reappointment, EY Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Eef Naessens
15-04
full format · 107 days before the deadline
2021
31-12
Financial
Equity above €25mequity €29.2m ▲18%
With a profit in every financial year since 2018, equity grows to €29.2m.
19-03
full format · 134 days before the deadline
10-03
Gazette deed
Reappointment: Luigi Lazzareschi (director)4 points ▸
Gazette deed
Reappointment: Luigi Lazzareschi (director)
4 points ▸
- General meeting, 25-02-2021
- Director reappointment, Luigi Lazzareschi (director)
- Board composition, Luigi Lazzareschi (director)
- Board composition, Edilio Stefani (director)
19-01
Gazette deed
Resignation: Emi Stefani (director)Appointment: Edilio Stefani (director) · Director discharge4 points ▸
Gazette deed
Resignation: Emi Stefani (director)
Appointment: Edilio Stefani (director) · Director discharge4 points ▸
- 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 from 2018 to 2025net €6.1m ▲58.2%
The operating result of €8.9m and the net result of €6.1m are both a record.
02-03
full format · 151 days before the deadline
2019
28-03
full format · 125 days before the deadline
14-03
Gazette deed
Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)Permanent representative: Naessens Eef3 points ▸
Gazette deed
Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)
Permanent representative: Naessens Eef3 points ▸
- General meeting, 27-02-2019
- Auditor reappointment, Ernst & Young Bedrijfsrevisoren
- Permanent representative, Naessens Eef
2018
28-08
Gazette deed
Amendment of the articles1 point ▸
Gazette deed
Amendment of the articles
1 point ▸
- Amendment of the articles
14-08
Gazette deed
Resignation: Jean-Paul Cussenot (day-to-day manager)Appointment: Sylvain Bickel (day-to-day manager) · Mandate compensation4 points ▸
Gazette deed
Resignation: Jean-Paul Cussenot (day-to-day manager)
Appointment: Sylvain Bickel (day-to-day manager) · Mandate compensation4 points ▸
- 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
Gazette deed
Permanent representative: Eef Naessens2 points ▸
Gazette deed
Permanent representative: Eef Naessens
2 points ▸
- Board meeting, 31-01-2018
- Permanent representative, Eef Naessens
22-03
full format · 131 days before the deadline
2017
31-03
full format · 122 days before the deadline
2016
17-03
Gazette deed
Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)Permanent representative: Marleen Mannekens · Mandate compensation5 points ▸
Gazette deed
Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)
Permanent representative: Marleen Mannekens · Mandate compensation5 points ▸
- 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
Gazette deed
Reappointments: Luigi Lazzareschi (director) and Emi Stefani (director)Mandate compensation5 points ▸
Gazette deed
Reappointments: Luigi Lazzareschi (director) and Emi Stefani (director)
Mandate compensation5 points ▸
- 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
Gazette deed
Appointment: Jean-Paul Cussenot (algemeen directeur)Mandate compensation3 points ▸
Gazette deed
Appointment: Jean-Paul Cussenot (algemeen directeur)
Mandate compensation3 points ▸
- Board meeting, 20-05-2014
- Director appointment, Jean-Paul Cussenot (algemeen directeur)
- Mandate compensation, Jean-Paul Cussenot
2013
18-04
Gazette deed
Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)3 points ▸
Gazette deed
Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)
3 points ▸
- General meeting, 26-02-2013
- Auditor reappointment, Ernst & Young Bedrijfsrevisoren (statutory auditor)
- Board meeting, 31-01-2013
02-04
Gazette deed
Company renamed to Sofidel BeneluxAmendment of the articles · Power of attorney3 points ▸
Gazette deed
Company renamed to Sofidel Benelux
Amendment of the articles · Power of attorney3 points ▸
- Name change, Sofidel Benelux
- Amendment of the articles
- Power of attorney, K law
2012
09-02
Gazette deed
Resignation: Harry Everaerts (wettelijk vertegenwoordiger)Appointment: Han Wevers (wettelijk vertegenwoordiger)3 points ▸
Gazette deed
Resignation: Harry Everaerts (wettelijk vertegenwoordiger)
Appointment: Han Wevers (wettelijk vertegenwoordiger)3 points ▸
- Board meeting, 04-10-2011
- Director resignation, Harry Everaerts (wettelijk vertegenwoordiger)
- Director appointment, Han Wevers (wettelijk vertegenwoordiger)
2011
05-01
Gazette deed
Resignation: PricewaterhouseCoopers Bedrijfsrevisoren (statutory auditor)Appointment: Ernst & Young Bedrijfsrevisoren (statutory auditor) · Permanent representative: Harry Everaerts · Director discharge5 points ▸
Gazette deed
Resignation: PricewaterhouseCoopers Bedrijfsrevisoren (statutory auditor)
Appointment: Ernst & Young Bedrijfsrevisoren (statutory auditor) · Permanent representative: Harry Everaerts · Director discharge5 points ▸
- 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
Gazette deed
Amendment of the articles3 points ▸
Gazette deed
Amendment of the articles
3 points ▸
- General meeting, 30-09-2010
- Amendment of the articles, mentioned 4 times in the deed
- General meeting, “Overgangsbepaling: de eerstvolgende gewone algemene vergadering die zal beraadslagen over de jaarrekening afgesloten per eenendertig december tweeduizend en tie…” (deed in Dutch)
03-08
Gazette deed
Resignations: Amirali Sharif (Amin) Tejani (director) and Arvind Vij (director)Appointments: Luigi Lazzareschi (director) and Emi Stefani (director) · Mandate compensation · Banking power13 points ▸
Gazette deed
Resignations: Amirali Sharif (Amin) Tejani (director) and Arvind Vij (director)
Appointments: Luigi Lazzareschi (director) and Emi Stefani (director) · Mandate compensation · Banking power13 points ▸
- 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” (deed in Dutch), mentioned 2 times in the deed
- Banking power, “bijzondere gevolmachtigde, added” (deed in Dutch), mentioned 3 times in the deed
- The act holds 1 more point.
2008
06-10
Gazette deed
Capital increase of €1Bank account · Power of attorney5 points ▸
Gazette deed
Capital increase of €1
Bank account · Power of attorney5 points ▸
- General meeting, 19-09-2008
- Capital increase, €1
- Bank account, 826-1235062-75
- Capital, €61,501
- Power of attorney, Tessa Gijbels, mentioned 2 times in the deed
03-06
Gazette deed
Resignation: John Danton (director)2 points ▸
Gazette deed
Resignation: John Danton (director)
2 points ▸
- General meeting, 16-05-2008
- Director resignation, John Danton (director)
10-03
Gazette deed
Appointment: PricewaterhouseCoopers BCVBA (statutory auditor)2 points ▸
Gazette deed
Appointment: PricewaterhouseCoopers BCVBA (statutory auditor)
2 points ▸
- General meeting, 23-08-2007
- Auditor appointment, PricewaterhouseCoopers BCVBA (statutory auditor)
2007
01-06
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
SOFIDEL BENELUX was incorporated on 9 May 2007.1 In 2008 the capital was increased by €1 to €61,501.2 Since 2013 the company has been called Sofidel Benelux.3 The board currently has 2 members.4 Turnover grew from €101.9m in 2018 to €132.2m in 2025 and headcount from 165 to 158 full-time equivalents.5
Company details
Register details
Identity
KBO recordName
SOFIDEL BENELUX in Dutch
Enterprise number
0889.448.824
LEI code
549300BKXEYX48R90460
live in the LEI register
Legal form
Public limited company
Status
Active, normale toestand
Founded
09-05-2007
Entity type
Legal entity
Registered office and establishments
Registered office
A. Stocletlaan 3, 2570 Duffel, Belgium
Establishment units
Sofidel Benelux, A. Stocletlaan 3, 2570 Duffel since 15-05-2007 · unit number 2.164.585.583
Sofidel Benelux, Avenue Victor Hugo 32, 1420 Braine-l'Alleud since 01-04-2013 · unit number 2.218.231.632
Activities
NACEBEL 2025VAT activities
17220
Manufacture of paper and paper products main activity
20160
Manufacture of chemicals and chemical products
46442
Wholesale trade
Social security (RSZ) activities
17220
Manufacture of paper and paper products main activity
Codes under NACEBEL 2008
VAT activities
17220
Manufacture of paper and paper products main activity
20160
Manufacture of chemicals and chemical products
46442
Wholesale trade
Social security (RSZ) activities
17220
Manufacture of paper and paper products main activity
Codes under NACEBEL 2003
VAT activities
21220
main activity
24160
51442
Social security (RSZ) activities
21220
main activity
Joint committees
221 Paritair Comité voor de bedienden uit de papiernijverheid
129 Paritair Comité voor de voortbrenging van papierpap, papier en karton annual accounts 2025
Invoicing and payment
VAT number
BE 0889.448.824
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Environmental permits
3 applications in Flanders since 2018 · 2 granted
Verbouwen / Wijzigen Infrastructuur
Verbouwen en/of uitbreiden van bijgebouwen, niet-overdekte lage constructies of wijzigen van andere beperkte handelingen
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Source: Omgevingsloket Vlaanderen.
Sites & property
Location
Buildings and parcels at the addresses
Ground area
4.5 ha
Building footprint
2.5 ha
Building volume
319,727 m³
Tallest building: 24.2 m.
Flanders
1
(50%)
Wallonia
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12009E0363/00H002 | Flanders | 4.1 ha | 1 · 2.4 ha | 24.2 m · 5 |
| 25742B0099/00S000 | Wallonia | 4,150 m² | 1 · 358 m² | 14.2 m · 4 |