SOFIDELPHI
Dissolved and wound up on 13-04-2026Financials · financial year 2025, micro format
Annual accounts 2025 filed on 29-01-2026 at the NBB all 3 filings
Turnover
≈ €180,000
Estimated: probably between €120,000 and €320,000
Total assets
€190,051▲ 18.8%
2024 · €160,034
Net result
€44,788▲ 13.9%
2024 · €39,326
Working capital
€182,737▲ 32.5%
2024 · €137,949
Multi-year overview
2023 to 2025, 3 financial yearsOperating result
€59,823
▲ 6.7%
2025
20232025
Net result
€44,788
▲ 13.9%
2025
20232025
Equity
€182,737
▲ 32.5%
2025
20232025
Total assets
€190,051
▲ 18.8%
2025
20232025
Debt
€7,315
▼ 66.9%
2025
20232025
Working capital
€182,737
▲ 32.5%
2025
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202320242025
Operating result€59,066-€56,064▼ 5.1%€59,823▲ 6.7%
Net result€39,290-€39,326▲ 0.1%€44,788▲ 13.9%
Equity€211,080-€137,949▼ 34.6%€182,737▲ 32.5%
Total assets€216,339-€160,034▼ 26.0%€190,051▲ 18.8%
Debt€5,259-€22,085▲ 320%€7,315▼ 66.9%
Working capital€209,578-€137,949▼ 34.2%€182,737▲ 32.5%
The operating result for 2025 is 7% higher than in 2024 and the highest since 2023. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €190,051
Equity
€182,737 ▲ 32.5%
Debt
€7,315 ▼ 66.9%
Debt's share of the balance-sheet total falls from 13.8% to 3.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59,823▲
2024 · €57,566
Cash flow
€44,788▲
2024 · €40,828
Current ratio
25.98▲
2024 · 7.25
Debt to equity
0.04▼
2024 · 0.16
ROE
24.5%▼
2024 · 28.5%
ROA
23.6%▼
2024 · 24.6%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€7,315▼
2024 · €22,085
Income taxes
€22,090▲
2024 · €19,676
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,503 | €1,502 | €0 | ▼ 100% |
| Other operating charges640/8 | €1,895 | €1,081 | €1,121 | ▲ 3.6% |
| Gross operating margin9900 | €63,465 | €58,647 | €60,944 | ▲ 3.9% |
| Operating profit (loss)9901 | €59,066 | €56,064 | €59,823 | ▲ 6.7% |
| Financial income75/76B | €116 | €3,079 | €7,216 | ▲ 134% |
| Recurring financial income75 | €116 | €3,079 | €7,216 | ▲ 134% |
| Financial charges65/66B | €147 | €142 | €162 | ▲ 14.1% |
| Recurring financial charges65 | €147 | €142 | €162 | ▲ 14.1% |
| Profit (loss) for the period before taxes9903 | €59,035 | €59,002 | €66,878 | ▲ 13.3% |
| Income taxes67/77 | €19,745 | €19,676 | €22,090 | ▲ 12.3% |
| Profit (loss) for the period9904 | €39,290 | €39,326 | €44,788 | ▲ 13.9% |
| Profit (loss) for the period to be appropriated9905 | €39,290 | €39,326 | €44,788 | ▲ 13.9% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €216,339 | €160,034 | €190,051 | ▲ 18.8% |
| Fixed assets21/28 | €1,502 | €0 | - | - |
| Intangible fixed assets21 | €0 | - | - | - |
| Tangible fixed assets22/27 | €1,502 | €0 | - | - |
| Furniture and vehicles24 | €1,502 | €0 | - | - |
| Current assets29/58 | €214,837 | €160,034 | €190,051 | ▲ 18.8% |
| Amounts receivable within one year40/41 | €4,422 | €122,706 | €112,949 | ▼ 8.0% |
| Other amounts receivable41 | €4,422 | €122,706 | €112,949 | ▼ 8.0% |
| Cash at bank and in hand54/58 | €209,676 | €33,590 | €69,192 | ▲ 106% |
| Deferred charges and accrued income490/1 | €739 | €3,738 | €7,910 | ▲ 112% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €216,339 | €160,034 | €190,051 | ▲ 18.8% |
| Equity10/15 | €211,080 | €137,949 | €182,737 | ▲ 32.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €192,480 | €119,349 | €164,137 | ▲ 37.5% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | ▼ 100% |
| Other1319 | - | - | €1,860 | - |
| Distributable reserves133 | €190,620 | €117,489 | €162,277 | ▲ 38.1% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €5,259 | €22,085 | €7,315 | ▼ 66.9% |
| Amounts payable within one year42/48 | €5,259 | €22,085 | €7,315 | ▼ 66.9% |
| Trade debts44 | €514 | €116 | €0 | ▼ 100% |
| Suppliers440/4 | €514 | €116 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €4,745 | €5,384 | €7,315 | ▲ 35.9% |
| Taxes450/3 | €4,745 | €5,384 | €7,315 | ▲ 35.9% |
| Other amounts payable47/48 | - | €16,584 | €0 | ▼ 100% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €39,290 | €39,326 | €44,788 | ▲ 13.9% |
| + Depreciation and write-downs630 | €2,503 | €1,502 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €41,793 | €40,828 | €44,788 | ▲ 9.7% |
| Investment in fixed assets (approximation) | - | €0 | - | - |
| Change in cash | - | -€176,086 | €35,602 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.