Summary
Sofie Maes is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €559,180 and a net result of -€22,480. Equity is growing by about 4% per year across the filed financial years. Its solvency ranks better than 95% of 9,714 sector peers (NACE 64, financial year 2025). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, micro format
In the rankings
#4 company by equity in Leopoldsburg, Finance and insurance sector#7 company by total assets in Leopoldsburg, Finance and insurance sector#7 oldest company in Leopoldsburg, Finance and insurance sector
Equity
€559,180▼ 3.9%
2024 · €581,659
Net result
-€22,480
2024 · €20,683
Total assets
€564,751▼ 4.3%
2024 · €590,301
Solvency
99.0%▲ 0.5pp
2024 · 98.5%
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result turns negative in 2025: a loss of €23,539 after €10,991 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€23,539
2025
Net result-€22,480
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€564,751
2025
Equity€559,180
2025
Debt€5,572
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€59,180
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-4.0%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency99.0%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio11.62
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€26,055-€32,357▲ 24.2%€36,267▲ 12.1%€36,151▼ 0.3%€26,270▼ 27.3%€10,991▼ 58.2%-€23,539
Net result€13,783-€16,943within the sector's middle half▲ 22.9%€23,465within the sector's middle half▲ 38.5%€23,818within the sector's middle half▲ 1.5%€22,002within the sector's middle half▼ 7.6%€20,683within the sector's middle half▼ 6.0%-€22,480below the sector's middle half
Equity€474,748-€491,691above the sector's middle half▲ 3.6%€515,157above the sector's middle half▲ 4.8%€538,975above the sector's middle half▲ 4.6%€560,976above the sector's middle half▲ 4.1%€581,659above the sector's middle half▲ 3.7%€559,180above the sector's middle half▼ 3.9%
Total assets€535,682-€543,248within the sector's middle half▲ 1.4%€545,071within the sector's middle half▲ 0.3%€551,377within the sector's middle half▲ 1.2%€571,915within the sector's middle half▲ 3.7%€590,301within the sector's middle half▲ 3.2%€564,751within the sector's middle half▼ 4.3%
Debt€60,934-€51,557▼ 15.4%€29,915▼ 42.0%€12,402▼ 58.5%€10,938▼ 11.8%€8,642▼ 21.0%€5,572▼ 35.5%
Working capital-€7,873-€1,648within the sector's middle half€12,555within the sector's middle half▲ 662%€36,570within the sector's middle half▲ 191%€60,088within the sector's middle half▲ 64.3%€81,659within the sector's middle half▲ 35.9%€59,180within the sector's middle half▼ 27.5%
Solvency88.6%-90.5%above the sector's middle half▲ 1.9pp94.5%above the sector's middle half▲ 4.0pp97.8%above the sector's middle half▲ 3.2pp98.1%above the sector's middle half▲ 0.3pp98.5%above the sector's middle half▲ 0.4pp99.0%above the sector's middle half▲ 0.5pp
Current ratio0.79-1.04within the sector's middle half▲ 0.251.42within the sector's middle half▲ 0.383.95within the sector's middle half▲ 2.536.49above the sector's middle half▲ 2.5410.45above the sector's middle half▲ 3.9611.62above the sector's middle half▲ 1.17
Return on assets (ROA)2.6%-3.1%within the sector's middle half▲ 0.5pp4.3%within the sector's middle half▲ 1.2pp4.3%within the sector's middle half=3.8%within the sector's middle half▼ 0.5pp3.5%within the sector's middle half▼ 0.3pp-4.0%below the sector's middle half▼ 7.5pp
above
within
below
the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €564,751
Fixed assets
€500,000 =
Current assets
€64,751 ▼ 28.3%
Equity and liabilities €564,751
Equity
€559,180 ▼ 3.9%
Debt
€5,572 ▼ 35.5%
Debt's share of the balance-sheet total falls from 1.5% to 1.0%. Equity and debt are lower.
Key figures and ratios
ROE
-4.0%▼
2024 · 3.6%
Debt ≤ 1 year
€5,572▼
2024 · €8,642
Income taxes
€174▼
2024 · €5,017
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €3,473 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,960 | €3,980 | €826 | €1,536 | €1,516 | €889 | €0 | ▼ 100.0% |
| Other operating charges640/8 | - | - | - | €1,070 | €767 | €753 | €766 | ▲ 1.7% |
| Gross operating margin9900 | €32,749 | €39,417 | €40,379 | €42,230 | €28,553 | €12,632 | -€22,773 | - |
| Operating profit (loss)9901 | €26,055 | €32,357 | €36,267 | €36,151 | €26,270 | €10,991 | -€23,539 | - |
| Financial income75/76B | - | - | - | €8 | €5,000 | €15,005 | €1,512 | ▼ 89.9% |
| Recurring financial income75 | €0 | - | - | €8 | €5,000 | €15,005 | €1,512 | ▼ 89.9% |
| Financial charges65/66B | - | - | - | €1,817 | €310 | €296 | €279 | ▼ 5.7% |
| Recurring financial charges65 | €1,970 | €1,300 | €1,200 | €1,817 | €310 | €296 | €279 | ▼ 5.7% |
| Profit (loss) for the period before taxes9903 | €24,085 | €31,056 | €35,067 | €34,342 | €30,960 | €25,700 | -€22,305 | - |
| Income taxes67/77 | €10,303 | €14,113 | €11,601 | €10,524 | €8,959 | €5,017 | €174 | ▼ 96.5% |
| Profit (loss) for the period9904 | €13,783 | €16,943 | €23,465 | €23,818 | €22,002 | €20,683 | -€22,480 | - |
| Profit (loss) for the period to be appropriated9905 | €13,783 | €16,943 | €23,465 | €23,818 | €22,002 | €20,683 | -€22,480 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €535,682 | €543,248 | €545,071 | €551,377 | €571,915 | €590,301 | €564,751 | ▼ 4.3% |
| Fixed assets21/28 | €505,435 | €502,033 | €502,602 | €502,405 | €500,889 | €500,000 | €500,000 | = |
| Tangible fixed assets22/27 | €5,435 | €2,033 | €2,602 | €2,405 | €889 | €0 | - | - |
| Furniture and vehicles24 | - | - | - | €2,405 | €889 | €0 | - | - |
| Financial fixed assets28 | €500,000 | €500,000 | €500,000 | €500,000 | €500,000 | €500,000 | €500,000 | = |
| Current assets29/58 | €30,247 | €41,216 | €42,470 | €48,972 | €71,026 | €90,301 | €64,751 | ▼ 28.3% |
| Amounts receivable within one year40/41 | €27,303 | €35,869 | €38,289 | €46,275 | €67,097 | €86,975 | €64,220 | ▼ 26.2% |
| Trade receivables40 | - | - | - | €31,944 | €47,916 | €52,919 | €26,958 | ▼ 49.1% |
| Other amounts receivable41 | - | - | - | €14,331 | €19,181 | €34,056 | €37,262 | ▲ 9.4% |
| Cash at bank and in hand54/58 | €2,943 | €5,346 | €4,180 | €2,696 | €3,929 | €3,326 | €531 | ▼ 84.0% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €535,682 | €543,248 | €545,071 | €551,377 | €571,915 | €590,301 | €564,751 | ▼ 4.3% |
| Equity10/15 | €474,748 | €491,691 | €515,157 | €538,975 | €560,976 | €581,659 | €559,180 | ▼ 3.9% |
| Contributions10/11 | €370,000 | €370,000 | €370,000 | €370,000 | €370,000 | €370,000 | €370,000 | = |
| Capital10 | - | - | - | €370,000 | - | - | - | - |
| Issued capital100 | - | - | - | €370,000 | - | - | - | - |
| Contributions outside capital11 | - | - | - | - | €370,000 | €370,000 | €370,000 | = |
| Other1109/19 | - | - | - | - | €370,000 | €370,000 | €370,000 | = |
| Reserves13 | €104,748 | €121,691 | €145,157 | €168,975 | €190,976 | €211,659 | €190,481 | ▼ 10.0% |
| Non-distributable reserves130/1 | - | - | - | €8,449 | €8,449 | €8,449 | €8,449 | = |
| Legal reserve130 | - | - | - | €8,449 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €8,449 | €8,449 | €8,449 | = |
| Distributable reserves133 | - | - | - | €160,526 | €182,528 | €203,211 | €182,032 | ▼ 10.4% |
| Profit (loss) carried forward14 | - | - | - | - | - | - | -€1,302 | - |
| Amounts payable17/49 | €60,934 | €51,557 | €29,915 | €12,402 | €10,938 | €8,642 | €5,572 | ▼ 35.5% |
| Amounts payable after more than one year17 | €22,814 | €11,990 | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €38,120 | €39,567 | €29,915 | €12,402 | €10,938 | €8,642 | €5,572 | ▼ 35.5% |
| Financial debts43 | - | - | - | €1,678 | €1,700 | - | - | - |
| Credit institutions430/8 | - | - | - | €1,678 | €1,700 | - | - | - |
| Trade debts44 | €3,123 | €3,498 | €608 | €398 | €426 | €439 | €878 | ▲ 100.0% |
| Suppliers440/4 | - | - | - | €398 | €426 | €439 | €878 | ▲ 100.0% |
| Taxes, remuneration and social security45 | - | - | - | €6,948 | €5,584 | €5,100 | €1,591 | ▼ 68.8% |
| Taxes450/3 | - | - | - | €6,948 | €5,584 | €5,100 | €1,591 | ▼ 68.8% |
| Other amounts payable47/48 | - | - | - | €3,378 | €3,228 | €3,103 | €3,103 | = |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,783 | €16,943 | €23,465 | €23,818 | €22,002 | €20,683 | -€22,480 | - |
| + Depreciation and write-downs630 | €3,960 | €3,980 | €826 | €1,536 | €1,516 | €889 | €0 | ▼ 100.0% |
| Operating cash flow (approximation) | €17,743 | €20,923 | €24,291 | €25,354 | €23,518 | €21,572 | -€22,480 | - |
| Investment in fixed assets (approximation) | - | -€578 | -€1,395 | -€1,340 | €0 | €0 | €0 | - |
| Change in cash | - | €2,403 | -€1,166 | -€1,484 | €1,232 | -€603 | -€2,795 | ▼ 364% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 20-03-2026 | 2026-00060047 |
| 30-09-2024 | micro format | 28-04-2025 | 2025-00081637 |
| 30-09-2023 | micro format | 26-04-2024 | 2024-00075228 |
| 30-09-2022 | micro format | 23-03-2023 | 2023-00045474 |
| 30-09-2021 | micro format | 21-03-2022 | 2022-08100532 |
| 30-09-2020 | micro format | 23-03-2021 | 2021-08300197 |
| 30-09-2019 | micro format | 23-03-2020 | 2020-07200349 |
| 30-09-2018 | micro format | 28-03-2019 | 2019-08200556 |
| 30-09-2017 | micro format | 22-06-2018 | 2018-22100025 |
| 30-09-2016 | abbreviated format | 21-03-2017 | 2017-07300310 |
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Of the 24,458 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 19,963. 13,645 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.