Summary
SOFINANCE 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 €737,716 and a net result of €243,238. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 70% of 1,822 sector peers (NACE 66, fiscal year 2025). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
- Staff
- 0.3 FTE
- Equity
- €737,716
- Profit
- €243,238
- Largest shareholder
- LECOFIN · 26%
- Holdings
- 2
SignalsA punctual record breaksShow the evidence
Checked score
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
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Signals
This company filed its last 7 accounts on average 25 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
- Annual accounts filedfiscal year 2025 · abbreviated…
- Highest result since 2018net €243,238 ▲925%
- Equity above €500,000Eq €737,716 ▲49.2%
Financials · fiscal year 2025, abbreviated schema
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result recovers in 2025; 2025 is 798% above 2024 and is the highest result in the available series.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €326,150 | - |
| Remuneration, social security and pensions62 | - | - | - | €61,701 | €60,287 | €66,829 | €64,690 | €3,516 | ▼ 94.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,900 | €15,352 | €15,276 | €13,213 | €15,178 | €15,025 | €19,162 | €29,569 | ▲ 54.3% |
| Other operating charges640/8 | - | - | - | €416 | €990 | €688 | €487 | €140 | ▼ 71.3% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €1,900 | - | - |
| Gross operating margin9900 | €119,330 | €131,693 | €138,504 | €122,221 | €126,539 | €153,603 | €121,887 | €353,341 | ▲ 190% |
| Operating profit (loss)9901 | €59,656 | €52,706 | €67,807 | €46,891 | €50,085 | €71,061 | €35,648 | €320,115 | ▲ 798% |
| Financial income75/76B | - | - | - | €8 | €33 | €467 | €813 | €5,136 | ▲ 532% |
| Recurring financial income75 | €22 | €24,654 | €24,692 | €8 | €33 | €467 | €813 | €5,136 | ▲ 532% |
| Financial charges65/66B | - | - | - | €4,533 | €5,554 | €3,750 | €3,159 | €8,624 | ▲ 173% |
| Recurring financial charges65 | €7,865 | €6,672 | €6,486 | €4,533 | €5,554 | €3,750 | €3,159 | €8,624 | ▲ 173% |
| Profit (loss) for the period before taxes9903 | €51,813 | €70,689 | €86,012 | €42,365 | €44,564 | €67,778 | €33,301 | €316,628 | ▲ 851% |
| Income taxes67/77 | €16,187 | €14,449 | €15,991 | €12,734 | €12,459 | €18,432 | €9,570 | €73,390 | ▲ 667% |
| Profit (loss) for the period9904 | €35,626 | €56,240 | €70,022 | €29,631 | €32,105 | €49,347 | €23,731 | €243,238 | ▲ 925% |
| Transfer from tax-exempt reserves789 | - | - | - | €9,550 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €35,626 | €56,240 | €70,022 | €39,181 | €32,105 | €49,347 | €23,731 | €243,238 | ▲ 925% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €1.2m | ▲ 111% |
| Fixed assets21/28 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.7m | ▲ 48.2% |
| Intangible fixed assets21 | €0.1m | €0.1m | €0.08m | €0.07m | €0.06m | €0.05m | €0.04m | - | - |
| Tangible fixed assets22/27 | €0.009m | €0.005m | €0.002m | €0.01m | €0.01m | €0.009m | €0.04m | €0.3m | ▲ 730% |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.01m | €0.009m | €0.04m | €0.05m | ▲ 54.2% |
| Other tangible fixed assets26 | - | - | - | €356 | €202 | €106 | €455 | €0.2m | ▲ 52,904% |
| Financial fixed assets28 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 3.2% |
| Current assets29/58 | €0.07m | €0.09m | €0.1m | €0.1m | €0.08m | €0.1m | €0.07m | €0.5m | ▲ 563% |
| Amounts receivable within one year40/41 | €0.02m | €0.02m | €0.03m | €0.02m | €0.02m | €0.02m | €0.02m | €0.4m | ▲ 1,389% |
| Trade receivables40 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.1m | ▲ 736% |
| Other amounts receivable41 | - | - | - | €0.002m | €0.002m | €0.003m | €0.007m | €0.2m | ▲ 3,034% |
| Current investments50/53 | €0.04m | €0.06m | €0.08m | €0.05m | €0.05m | €0.05m | €0.02m | €0.02m | ▲ 0.5% |
| Cash at bank and in hand54/58 | €0.02m | €0.006m | €0.01m | €0.03m | €0.01m | €0.02m | €0.02m | €0.06m | ▲ 173% |
| Deferred charges and accrued income490/1 | - | - | - | €0.003m | €0.002m | €0.002m | €0.002m | €0.003m | ▲ 99.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €1.2m | ▲ 111% |
| Equity10/15 | €0.2m | €0.3m | €0.4m | €0.4m | €0.4m | €0.5m | €0.5m | €0.7m | ▲ 49.2% |
| Contributions10/11 | €0.006m | €0.006m | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Reserves13 | €0.2m | €0.3m | €0.4m | €0.4m | €0.4m | €0.5m | €0.5m | €0.7m | ▲ 49.8% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.4m | €0.4m | €0.5m | €0.5m | €0.7m | ▲ 49.8% |
| Amounts payable17/49 | €0.4m | €0.3m | €0.2m | €0.2m | €0.1m | €0.09m | €0.07m | €0.4m | ▲ 570% |
| Amounts payable after more than one year17 | €0.3m | €0.2m | €0.2m | €0.1m | €0.07m | €0.03m | €0.02m | €0.1m | ▲ 491% |
| Financial debts170/4 | - | - | - | €0.1m | €0.07m | €0.03m | €0.02m | €0.1m | ▲ 491% |
| Amounts payable within one year42/48 | €0.08m | €0.08m | €0.07m | €0.08m | €0.06m | €0.06m | €0.05m | €0.3m | ▲ 590% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.06m | €0.05m | €0.04m | €0.03m | €0.01m | ▼ 58.1% |
| Financial debts43 | - | - | - | €15 | €15 | €15 | - | - | - |
| Credit institutions430/8 | - | - | - | €15 | €15 | €15 | - | - | - |
| Trade debts44 | €0.01m | €0.01m | €0.007m | €0.01m | €0.009m | €0.008m | €0.004m | €0.1m | ▲ 2,432% |
| Suppliers440/4 | - | - | - | €0.01m | €0.009m | €0.008m | €0.004m | €0.1m | ▲ 2,432% |
| Taxes, remuneration and social security45 | - | - | - | €0.006m | €0.007m | €0.01m | €0.008m | - | - |
| Remuneration and social security454/9 | - | - | - | €0.006m | €0.007m | €0.01m | €0.008m | - | - |
| Other amounts payable47/48 | - | - | - | - | - | - | €0.005m | €0.2m | ▲ 4,560% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | - | €0.003m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €35,626 | €56,240 | €70,022 | €29,631 | €32,105 | €49,347 | €23,731 | €243,238 | ▲ 925% |
| + Depreciation and write-downs630 | €15,900 | €15,352 | €15,276 | €13,213 | €15,178 | €15,025 | €19,162 | €29,569 | ▲ 54.3% |
| Operating cash flow (approximation) | €51,526 | €71,591 | €85,298 | €42,844 | €47,283 | €64,371 | €42,894 | €272,807 | ▲ 536% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€14,425 | €0 | €0 | -€49,115 | -€266,913 | ▼ 443% |
| Change in cash | - | -€15,701 | €3,764 | €19,241 | -€16,297 | €11,518 | -€3,483 | €36,279 | ▲ 1,142% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2022 to 2025 · 4 entries · €463 awarded · €1,063 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | €81 | €81 |
| 2024 | 1 | €96 | €696 |
| 2023 | 1 | €147 | €147 |
| 2022 | 1 | €139 | €139 |
Directors
Owners and capital
Owners
2 ownersOwners 2
-
26%
- Sourceaccounts HAPOFIN 202525%
According to the 2025 annual accounts of SOFINANCE and those of the other companies, the acts in the Belgian Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Companies Code and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Group and network
Holdings and subsidiaries
2 holdingsHoldings 2
-
100%
-
100%
According to the 2025 annual accounts of SOFINANCE and those of the other companies, the acts in the Belgian Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Companies Code and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No directors read yet: 0 of 6 Gazette acts processed.
History
Acts, filings and financial milestones
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 7 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37303I0581/00X003 | Flanders | 1,014 m² | 1 · 306 m² | 10.1 m · 1 fl. |