SOFIE VAN MIEGHEM
ActiveSummary
SOFIE VAN MIEGHEM 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 €269,894 and a net result of €24,645. Equity is growing by about 21% per year across the filed financial years. The company has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, micro format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00456867.
Turnover
≈ €380,000
Estimated: probably between €250,000 and €580,000
Total assets
€686,323▲ 4.3%
2024 · €658,053
Net result
€24,645▼ 46.6%
2024 · €46,167
Working capital
-€26,406▼ 141%
2024 · -€10,958
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 41% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€44,930
2025
Net result€24,645
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€686,323
2025
Equity€269,894
2025
Debt€408,980
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€26,406
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)1
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€52,826--€7,946▲ 85.0%€57,196€72,460▲ 26.7%€112,275▲ 54.9%€10,530▼ 90.6%€75,668▲ 619%€44,930▼ 40.6%
Net result-€54,040--€6,052▲ 88.8%€39,494€46,391▲ 17.5%€78,751▲ 69.8%-€538€46,167€24,645▼ 46.6%
Equity€78,907-€72,854▼ 7.7%€112,348▲ 54.2%€135,488▲ 20.6%€211,313▲ 56.0%€210,775▼ 0.3%€245,249▲ 16.4%€269,894▲ 10.0%
Total assets€107,164-€122,290▲ 14.1%€664,952▲ 444%€986,759▲ 48.4%€706,806▼ 28.4%€707,956▲ 0.2%€658,053▼ 7.0%€686,323▲ 4.3%
Debt€6,088-€29,369▲ 382%€534,640▲ 18×€835,411▲ 56.3%€481,736▼ 42.3%€485,527▲ 0.8%€403,252▼ 16.9%€408,980▲ 1.4%
Working capital-€393-€11,999-€6,450-€69,233▼ 973%-€29,381▲ 57.6%-€44,565▼ 51.7%-€10,958▲ 75.4%-€26,406▼ 141%
Staff (FTE)0.31.8▲ 500%1.32▲ 53.8%1▼ 50.0%1=
Turnover and EBIT margin 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
Assets €686,323
Fixed assets
€603,735 ▲ 2.8%
Current assets
€82,588 ▲ 16.4%
Equity and liabilities €686,323
Equity
€269,894 ▲ 10.0%
Provisions
€7,448 ▼ 22.0%
Debt
€408,980 ▲ 1.4%
Debt's share of the balance-sheet total falls from 61.3% to 59.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€105,805▼
2024 · €136,225
Cash flow
€85,521▼
2024 · €106,725
Current ratio
0.76▼
2024 · 0.87
Debt to equity
1.52▼
2024 · 1.64
ROE
9.1%▼
2024 · 18.8%
ROA
3.6%▼
2024 · 7.0%
Interest coverage
11.91▼
2024 · 13.95
Debt ≤ 1 year
€108,994▲
2024 · €81,886
Debt > 1 year
€298,088▼
2024 · €320,939
Income taxes
€14,805▼
2024 · €22,129
Staff costs
€42,573▼
2024 · €45,418
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €64,966 | €0 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €94,156 | €53,442 | €98,292 | €45,418 | €42,573 | ▼ 6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,144 | €10,943 | €34,736 | €24,440 | €47,850 | €51,466 | €60,557 | €60,876 | ▲ 0.5% |
| Other operating charges640/8 | - | - | - | €1,616 | €1,668 | €7,739 | €3,462 | €3,139 | ▼ 9.3% |
| Non-recurring operating charges66A | - | - | - | €1,100 | €0 | - | - | - | - |
| Gross operating margin9900 | €14,084 | €14,781 | €165,501 | €193,772 | €215,236 | €168,026 | €185,105 | €151,518 | ▼ 18.1% |
| Operating profit (loss)9901 | -€52,826 | -€7,946 | €57,196 | €72,460 | €112,275 | €10,530 | €75,668 | €44,930 | ▼ 40.6% |
| Financial income75/76B | - | - | - | €130 | €547 | €610 | €291 | €1,302 | ▲ 348% |
| Recurring financial income75 | €15 | €312 | €199 | €130 | €547 | €610 | €291 | €1,302 | ▲ 348% |
| Financial charges65/66B | - | - | - | €7,258 | €4,965 | €8,509 | €9,765 | €8,885 | ▼ 9.0% |
| Recurring financial charges65 | €10 | €209 | €7,751 | €7,258 | €4,965 | €8,509 | €9,765 | €8,885 | ▼ 9.0% |
| Profit (loss) for the period before taxes9903 | -€52,821 | -€7,843 | €49,644 | €65,332 | €107,857 | €2,630 | €66,194 | €37,347 | ▼ 43.6% |
| Transfer from deferred taxes780 | - | - | - | €2,103 | €2,103 | €2,103 | €2,103 | €2,103 | = |
| Income taxes67/77 | €3,322 | €312 | €12,253 | €21,045 | €31,209 | €5,271 | €22,129 | €14,805 | ▼ 33.1% |
| Profit (loss) for the period9904 | -€54,040 | -€6,052 | €39,494 | €46,391 | €78,751 | -€538 | €46,167 | €24,645 | ▼ 46.6% |
| Transfer from tax-exempt reserves789 | - | - | - | €6,316 | €6,316 | €6,316 | €6,316 | €27,370 | ▲ 333% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €21,054 | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€47,724 | €264 | €45,810 | €52,706 | €64,013 | €5,778 | €52,483 | €52,015 | ▼ 0.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €107,164 | €122,290 | €664,952 | €986,759 | €706,806 | €707,956 | €658,053 | €686,323 | ▲ 4.3% |
| Fixed assets21/28 | €101,469 | €90,526 | €592,667 | €662,675 | €634,314 | €644,056 | €587,125 | €603,735 | ▲ 2.8% |
| Intangible fixed assets21 | - | - | €199,560 | €288,077 | €258,383 | €228,688 | €198,994 | €169,299 | ▼ 14.9% |
| Tangible fixed assets22/27 | €101,214 | €90,271 | €392,852 | €374,342 | €375,676 | €415,112 | €387,166 | €433,470 | ▲ 12.0% |
| Land and buildings22 | - | - | - | €373,187 | €366,713 | €350,552 | €337,003 | €393,635 | ▲ 16.8% |
| Plant, machinery and equipment23 | - | - | - | €648 | €5,255 | €4,012 | €2,768 | €1,525 | ▼ 44.9% |
| Furniture and vehicles24 | - | - | - | €507 | €3,709 | €60,549 | €47,394 | €38,310 | ▼ 19.2% |
| Financial fixed assets28 | €255 | €255 | €255 | €255 | €255 | €255 | €965 | €965 | = |
| Current assets29/58 | €5,695 | €31,764 | €72,284 | €324,084 | €72,492 | €63,900 | €70,928 | €82,588 | ▲ 16.4% |
| Amounts receivable within one year40/41 | €4,516 | €57 | €696 | €8,155 | €12,700 | €6,273 | €4,810 | €25,708 | ▲ 434% |
| Trade receivables40 | - | - | - | €0 | €5,244 | €1,545 | €82 | €46 | ▼ 43.9% |
| Other amounts receivable41 | - | - | - | €8,155 | €7,455 | €4,729 | €4,729 | €25,662 | ▲ 443% |
| Current investments50/53 | - | - | €2,175 | €5,832 | €17,432 | €13,520 | €14,786 | €15,862 | ▲ 7.3% |
| Cash at bank and in hand54/58 | €65 | €9,511 | €30,168 | €305,233 | €4,528 | €18,497 | €26,229 | €16,036 | ▼ 38.9% |
| Deferred charges and accrued income490/1 | - | - | - | €4,864 | €37,831 | €25,611 | €25,103 | €24,982 | ▼ 0.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €107,164 | €122,290 | €664,952 | €986,759 | €706,806 | €707,956 | €658,053 | €686,323 | ▲ 4.3% |
| Equity10/15 | €78,907 | €72,854 | €112,348 | €135,488 | €211,313 | €210,775 | €245,249 | €269,894 | ▲ 10.0% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €108,031 | €101,715 | €95,399 | €116,887 | €192,713 | €192,175 | €226,649 | €251,294 | ▲ 10.9% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | - | - | €49,354 | €64,092 | €57,776 | €51,461 | €24,091 | ▼ 53.2% |
| Distributable reserves133 | - | - | - | €65,674 | €126,760 | €132,538 | €173,329 | €225,344 | ▲ 30.0% |
| Profit (loss) carried forward14 | -€47,724 | -€47,461 | -€1,651 | €0 | €0 | €0 | €0 | €0 | = |
| Provisions and deferred taxes16 | €22,170 | €20,067 | €17,963 | €15,860 | €13,757 | €11,654 | €9,551 | €7,448 | ▼ 22.0% |
| Deferred taxes168 | - | - | - | €15,860 | €13,757 | €11,654 | €9,551 | €7,448 | ▼ 22.0% |
| Amounts payable17/49 | €6,088 | €29,369 | €534,640 | €835,411 | €481,736 | €485,527 | €403,252 | €408,980 | ▲ 1.4% |
| Amounts payable after more than one year17 | - | - | €442,932 | €436,366 | €379,726 | €374,709 | €320,939 | €298,088 | ▼ 7.1% |
| Financial debts170/4 | - | - | - | €436,366 | €379,726 | €374,709 | €320,939 | €298,088 | ▼ 7.1% |
| Amounts payable within one year42/48 | €6,088 | €19,765 | €78,734 | €393,318 | €101,873 | €108,465 | €81,886 | €108,994 | ▲ 33.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €36,567 | €43,234 | €53,170 | €53,828 | €65,553 | ▲ 21.8% |
| Financial debts43 | - | - | - | €12,567 | €0 | - | €1,654 | €3,383 | ▲ 104% |
| Credit institutions430/8 | - | - | - | - | - | - | €1,654 | €3,383 | ▲ 104% |
| Other loans439 | - | - | - | €12,567 | €0 | - | - | - | - |
| Trade debts44 | €1,110 | €11,590 | €23,898 | €325,780 | €26,691 | €24,570 | €9,161 | €23,717 | ▲ 159% |
| Suppliers440/4 | - | - | - | €325,780 | €26,691 | €24,570 | €9,161 | €23,717 | ▲ 159% |
| Taxes, remuneration and social security45 | - | - | - | €5,559 | €16,191 | €28,512 | €16,150 | €16,341 | ▲ 1.2% |
| Taxes450/3 | - | - | - | €1,445 | €10,970 | €9,808 | €7,093 | €7,093 | = |
| Remuneration and social security454/9 | - | - | - | €4,114 | €5,221 | €18,704 | €9,057 | €9,248 | ▲ 2.1% |
| Other amounts payable47/48 | - | - | - | €12,844 | €15,757 | €2,213 | €1,093 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €5,728 | €137 | €2,353 | €427 | €1,898 | ▲ 344% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€54,040 | -€6,052 | €39,494 | €46,391 | €78,751 | -€538 | €46,167 | €24,645 | ▼ 46.6% |
| + Depreciation and write-downs630 | €11,144 | €10,943 | €34,736 | €24,440 | €47,850 | €51,466 | €60,557 | €60,876 | ▲ 0.5% |
| Operating cash flow (approximation) | -€42,896 | €4,891 | €74,230 | €70,831 | €126,601 | €50,927 | €106,725 | €85,521 | ▼ 19.9% |
| Investment in fixed assets (approximation) | - | €0 | -€536,878 | -€94,447 | -€19,490 | -€61,207 | -€3,626 | -€77,485 | ▼ 2,037% |
| Change in cash | - | €9,446 | €20,657 | €275,065 | -€300,704 | €13,968 | €7,733 | -€10,193 | - |
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 30 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00456867 |
| 31-12-2024 | micro format | 31-08-2025 | 2025-00457199 |
| 31-12-2023 | micro format | 31-08-2024 | 2024-00422555 |
| 31-12-2022 | micro format | 01-09-2023 | 2023-00419771 |
| 31-12-2021 | micro format | 31-10-2022 | 2022-20478576 |
| 31-12-2020 | micro format | 31-08-2021 | 2021-61400349 |
| 31-12-2019 | micro format | 29-10-2020 | 2020-65600215 |
| 31-12-2018 | micro format | 30-08-2019 | 2019-55100417 |
| 31-12-2017 | micro format | 26-09-2018 | 2018-65500150 |
| 31-12-2016 | micro format | 25-08-2017 | 2017-47100459 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.