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SOFINCAP

Active
Private limited companyfounded 201214 yrs activeBeigemsesteenweg 372, 1852 Grimbergen, BelgiumKBO/BCE: BE 0847.022.113
Summary

The computed 12-month bankruptcy probability of SOFINCAP is 2.2% (moderate). The 2024 annual accounts show negative equity (-€22,363) and a net result of -€1,980. Equity is shrinking by ~10.9% per year across the filed fiscal years. The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability22▼-7
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.22 against 0.3 in 2023; short-term debt: 169.5% and cash: 18% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2024
Solvency, return and age of the figures
Solvency
-69.5%
Return on assets
-6.2%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€22,363
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-04-2025, 120 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
120 d early
2023
64 d late
2022
22 d late
2021
30 d late
2020
20 d late
2019
25 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 7 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 2 July 2012, SOFINCAP was incorporated.1 Total assets went from EUR 24,958 in 2019 to EUR 32,162 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024

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Financials · fiscal year 2024, micro schema

Equity
-€22,363▼ 9.7%
2023 · -€20,383
Total assets
€32,162▲ 5.5%
2023 · €30,474
Net result
-€1,980▼ 88.9%
2023 · -€1,048
Working capital
-€42,364▼ 19.7%
2023 · -€35,384
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€7,250▼ 593%-€1,162▲ 84.0%-€1,187▼ 2.1%-€1,048▲ 11.7%-€1,790▼ 70.8%
Net result-€7,299▼ 559%-€1,226▲ 83.2%-€1,236▼ 0.8%-€1,048▲ 15.2%-€1,980▼ 88.9%
Equity-€16,873▼ 76.2%-€18,099▼ 7.3%-€19,335▼ 6.8%-€20,383▼ 5.4%-€22,363▼ 9.7%
Total assets€42,749▲ 71.3%€41,849▼ 2.1%€21,484▼ 48.7%€30,474▲ 41.8%€32,162▲ 5.5%
Debt€59,622▲ 72.7%€59,949▲ 0.5%€40,819▼ 31.9%€50,857▲ 24.6%€54,525▲ 7.2%
Working capital-€26,874▼ 37.3%-€33,100▼ 23.2%-€34,336▼ 3.7%-€35,384▼ 3.1%-€42,364▼ 19.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€8,000-€6,000-€4,000-€2,000€0Operating result 2020: -€7,250-€7,250Net result 2020: -€7,299-€7,299Operating result 2021: -€1,162-€1,162Net result 2021: -€1,226-€1,226Operating result 2022: -€1,187-€1,187Net result 2022: -€1,236-€1,236Operating result 2023: -€1,048-€1,048Net result 2023: -€1,048-€1,048Operating result 2024: -€1,790-€1,790Net result 2024: -€1,980-€1,98020202021202220232024-€2,000-€1,500-€1,000-€500€0Operating result 2022: -€1,187-€1,190Net result 2022: -€1,236-€1,240Operating result 2023: -€1,048-€1,050Net result 2023: -€1,048-€1,050Operating result 2024: -€1,790-€1,790Net result 2024: -€1,980-€1,980202220232024
The operating result stays negative: a loss of €1,790 in 2024 against €1,048 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €32,162
Fixed assets €20,001 ▲ 33.3%
Current assets €12,161 ▼ 21.4%
Key figures and ratios
2024 value · change against 2023
Solvency
-69.5%▼
2023 · -66.9%
Current ratio
0.22▼
2023 · 0.30
Debt to equity
-2.44▲
2023 · -2.50
ROA
-6.2%▼
2023 · -3.4%
Debt ≤ 1 year
€54,525▲
2023 · €50,857
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 26 lines
Balance sheet Code20232024
Assets
Total assets20/58€30,474€32,162▲
Fixed assets21/28€15,001€20,001▲
Financial fixed assets28€15,001€20,001▲
Current assets29/58€15,473€12,161▼
Amounts receivable within one year40/41€6,385€6,385=
Other amounts receivable41€6,385€6,385=
Cash at bank and in hand54/58€9,088€5,776▼
Equity and liabilities
Total equity and liabilities10/49€30,474€32,162▲
Equity10/15-€20,383-€22,363▼
Contributions10/11€60,000€60,000=
Profit (loss) carried forward14-€80,383-€82,363▼
Amounts payable17/49€50,857€54,525▲
Amounts payable within one year42/48€50,857€54,525▲
Trade debts44€1,332-
Suppliers440/4€1,332-
Other amounts payable47/48€49,525€54,525▲
Income statement Code20232024
Other operating charges640/8€384€387▲
Gross operating margin9900-€664-€1,403▼
Operating profit (loss)9901-€1,048-€1,790▼
Financial charges65/66B-€190
Recurring financial charges65-€190
Profit (loss) for the period before taxes9903-€1,048-€1,980▼
Profit (loss) for the period9904-€1,048-€1,980▼
Profit (loss) for the period to be appropriated9905-€1,048-€1,980▼
Appropriation of the result
Profit (loss) to be appropriated9906-€80,383-€82,363▼
Profit (loss) brought forward from the previous period14P-€79,335-€80,383▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Other operating charges640/8-€348€348€384€387▲ 0.8%
Gross operating margin9900-€6,100-€815-€840-€664-€1,403▼ 111%
Operating profit (loss)9901-€7,250-€1,162-€1,187-€1,048-€1,790▼ 70.8%
Financial charges65/66B-€64€49-€190-
Recurring financial charges65€49€64€49-€190-
Profit (loss) for the period before taxes9903-€7,299-€1,226-€1,236-€1,048-€1,980▼ 88.9%
Profit (loss) for the period9904-€7,299-€1,226-€1,236-€1,048-€1,980▼ 88.9%
Profit (loss) for the period to be appropriated9905-€7,299-€1,226-€1,236-€1,048-€1,980▼ 88.9%
Line20202021202220232024Change
Assets
Total assets20/58€42,749€41,849€21,484€30,474€32,162▲ 5.5%
Fixed assets21/28€10,001€15,001€15,001€15,001€20,001▲ 33.3%
Financial fixed assets28€10,001€15,001€15,001€15,001€20,001▲ 33.3%
Current assets29/58€32,748€26,849€6,484€15,473€12,161▼ 21.4%
Amounts receivable within one year40/41€6,057€6,221€6,385€6,385€6,385=
Other amounts receivable41-€6,221€6,385€6,385€6,385=
Cash at bank and in hand54/58€26,691€20,628€98€9,088€5,776▼ 36.4%
Equity and liabilities
Total equity and liabilities10/49€42,749€41,849€21,484€30,474€32,162▲ 5.5%
Equity10/15-€16,873-€18,099-€19,335-€20,383-€22,363▼ 9.7%
Contributions10/11-€60,000€60,000€60,000€60,000=
Profit (loss) carried forward14-€76,873-€78,099-€79,335-€80,383-€82,363▼ 2.5%
Amounts payable17/49€59,622€59,949€40,819€50,857€54,525▲ 7.2%
Amounts payable within one year42/48€59,622€59,949€40,819€50,857€54,525▲ 7.2%
Trade debts44€97€424€1,294€1,332--
Suppliers440/4-€424€1,294€1,332--
Other amounts payable47/48-€59,525€39,525€49,525€54,525▲ 10.1%
Line20202021202220232024Change
Profit (loss) for the period9904-€7,299-€1,226-€1,236-€1,048-€1,980▼ 88.9%
Operating cash flow (approximation)-€7,299-€1,226-€1,236-€1,048-€1,980▼ 88.9%
Investment in fixed assets (approximation)--€5,000€0€0-€5,000-
Change in cash--€6,064-€20,530€8,990-€3,312▼ 137%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
02-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
03-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
2023
22-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
20-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
31-12
Financial Weakest financial yearnet -€7,299
Net result drops to -€7,299, the lowest in the series; recovery starts the following year.
25-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
05-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
2018
26-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
16-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 16 days late
2016
23-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts

We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
10 acts for this company are 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, Grimbergen · 1 establishment unit since 2012
seat establishment The establishment unit on the map
Ground area
584 m²
Building footprint
479 m²
Volume, LiDAR
8,307 m³
2 parcels, Brussels, Flanders · tallest building 26.2 m, ±8 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Tenbosstraat 23-25, 1050 Elsene
Business consulting
since 20122.210.873.389
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21447B0185/00G005 Brussels 355 m² 1 · 250 m² 26.2 m · 8 fl.
23005A0252/02A000 Flanders 229 m² 1 · 229 m² 13.7 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 1

According to the 2024 annual accounts of SOFINCAP and those of the other companies, the acts in the Belgian Gazette and the LEI register. 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 current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded02-07-2012
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.