SOFIDES
ActiveSOFIDES has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62k and a net result of €-7k. Equity is shrinking by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 50% of 18173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability14▼-8
Solvency59▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
short-term debt: 0.5% and cash: 4% of total assets, and 66.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
33.6%
Return on assets
-3.7%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-7k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 filingsDeviation from the deadline
2025
20 d late
2024
30 d late
2023
29 d late
2022
31 d late
2021
30 d late
2020
31 d late
2019
3 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-7k▼ 75.0%
2024 · €-4k
2018: €192k
2019: €67
2020: €-5k
2021: €2k
2022: €3k
2023: €-7k
2024: €-4k
2018 → 2025
Working capital
€115k▼ 2.7%
2024 · €118k
2018: €171k
2019: €172k
2020: €172k
2021: €175k
2022: €181k
2024: €118k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€77k-€80k▲ 4.4%€73k▼ 9.0%€69k▼ 5.3%€62k▼ 9.8%
Operating result€525-€3k▲ 401%€-6k€-2k▲ 71.0%€-5k▼ 218%
Net result€2k-€3k▲ 109%€-7k€-4k▲ 46.5%€-7k▼ 75.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2025 against €2k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €185k
Fixed assets
€69k▼ 4.8%
Current assets
€116k▼ 2.1%
Equity and liabilities €185k
Equity
€62k▼ 9.8%
Debt
€123k▲ 0.6%
The debt ratio rises from 63.9% to 66.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-2k▼
2024 · €2k
Cash flow
€-3k▼
2024 · €136
Solvency
33.6%▼
2024 · 36.1%
Debt / equity
1.97▲
2024 · 1.77
ROE
-10.9%▼
2024 · -5.6%
ROA
-3.7%▼
2024 · -2.0%
Interest coverage
-0.47▼
2024 · 0.70
Debt
€123k▲
2024 · €122k
Debt ≤ 1 year
€1k▲
2024 · €294
Debt > 1 year
€122k=
2024 · €122k
A ratio outside any meaningful range has been withheld (balance sheet total €185k, equity €62k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€191k€185k▼
Fixed assets21/28€72k€69k▼
Tangible fixed assets22/27€72k€69k▼
Land and buildings22€72k€68k▼
Plant, machinery and equipment23€312€156▼
Financial fixed assets28€99€99=
Current assets29/58€119k€116k▼
Amounts receivable within one year40/41€8k€9k▲
Trade receivables40€5k€5k=
Other amounts receivable41€3k€4k▲
Current investments50/53€100k€100k=
Cash at bank and in hand54/58€11k€7k▼
Deferred charges and accrued income490/1€353€364▲
Equity and liabilities
Total equity and liabilities10/49€191k€185k▼
Equity10/15€69k€62k▼
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€47k€40k▼
Amounts payable17/49€122k€123k▲
Amounts payable after more than one year17€122k€122k=
Financial debts170/4€122k€122k=
Amounts payable within one year42/48€294€1k▲
Trade debts44€294€1k▲
Suppliers440/4€294€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€6k€2k▼
Operating profit (loss)9901€-2k€-5k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€-4k€-7k▼
Profit (loss) for the period9904€-4k€-7k▼
Profit (loss) for the period to be appropriated9905€-4k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€47k€40k▼
Profit (loss) brought forward from the previous period14P€51k€47k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €-7k ▼314%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Liquidity times 9current ratio 522.17
Current ratio from 56.29 to 522.17; short-term debt falls from €3k to €348.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Elsene · 1 establishment unit since 1987
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
de Stassartstraat 1251050 ElseneGround area
180 m²
Building footprint
99 m²
Volume, LiDAR
1,566 m³
Parcel 21009A0361/00G004, Brussels · tallest building 20.8 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
SOFIDES
since 19872.031.018.860
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0361/00G004 | Brussels | 180 m² | 1 · 99 m² | 20.8 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MAISON MERINOS
BE 0846.688.353
Anderlecht · Eq €63k
SANTBERG
BE 0600.824.730
Wetteren · Eq €61k
DECO MAISON BLEUE
BE 0480.069.529
Oupeye · Eq €63k
DECOR HOUSE AKTAS
BE 0846.423.186
Sint-Jans-Molenbeek · Eq €61k
BERTRIX - DECORS
BE 0415.369.539
Bertrix · Eq €61k
Of 531 companies in sector 47530 we hold annual accounts for 323. 258 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-05-1987
Fiscal year end31-12
Activities, NACEBEL
47530Retail trade
52486
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.