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SOFINCAP

Active
Private limited companyfounded 2012active for 14 yearsBeigemsesteenweg 372, 1852 Grimbergen, BelgiumKBO/BCE: BE 0847.022.113
Summary

The computed 12-month bankruptcy probability of SOFINCAP is 3.2% (moderate). The 2025 annual accounts show equity of €20,371 and a net result of -€7,516. Equity is shrinking by about 7% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€25,265total assets 2025
Equity
€20,371
Loss
-€7,516
Turnover not published (micro format)
Financial health
51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.2%
Structure
Holdings
1
Accounts 31 days early0 of 10 deeds read
Why 51raises risk1 change of registered office in 24 monthsNo main activity registered1 of the last 3 latelowers riskSize: total assets €25,265Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 52% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Average
Solvency 100+100
equity 80.6% of total assets
Liquidity 45+23
short-term debt 19.4% · cash 1.0%
Profitability 0-22
return on assets -29.7%
Bankruptcy probability, 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 1.4% 12-2024: 1.4%● unchanged vs 11-2024 01-2025: 1.3%▼ -0.1 percentage points vs 12-2024lowest value 02-2025: 1.3%● unchanged vs 01-2025lowest value 03-2025: 3.8%▲ +2.5 percentage points vs 02-2025 04-2025: 4.1%▲ +0.3 percentage points vs 03-2025highest value 05-2025: 3.2%▼ -0.9 percentage points vs 04-2025 06-2025: 3.2%● unchanged vs 05-2025 07-2025: 3.2%● unchanged vs 06-2025 08-2025: 3.2%● unchanged vs 07-2025 09-2025: 3.2%● unchanged vs 08-2025 10-2025: 3.2%● unchanged vs 09-2025 11-2025: 3.2%● unchanged vs 10-2025 12-2025: 3.2%● unchanged vs 11-2025 01-2026: 2.8%▼ -0.4 percentage points vs 12-2025 02-2026: 2.8%● unchanged vs 01-2026 03-2026: 2.9%▲ +0.1 percentage points vs 02-2026 04-2026: 3.2%▲ +0.3 percentage points vs 03-2026 05-2026: 3.7%▲ +0.5 percentage points vs 04-2026 06-2026: 4.0%▲ +0.3 percentage points vs 05-2026 07-2026: 3.2%▼ -0.8 percentage points vs 06-2026 08-2026: 3.2%● unchanged vs 07-2026 09-2026: 3.2%● unchanged vs 08-2026 10-2026: 3.2%● unchanged vs 09-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.08, compared with 0.22 in 2024, below the usual 1.5; short-term debt: 19.4% and cash: 1% of total assets), and 19.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 81% on solvency, 28% on liquidity, 4% on profitability and 96% on growth.

The bankruptcy probability was computed on 12-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · No main activity registered
KBO
lowers risk · Size: total assets €25,265
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 of the last 3 late
NBB · filings
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
120 days early
2023
64 days late
2022
22 days late
2021
30 days late
2020
20 days late
2019
25 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 1 day after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 August (4 of the last 5 filed years within 53 days of that day).
Companies Code · seven months
Where today falls in the filing period
13-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Weakest financial yearnet -€7,516
  3. Liquidity more than quadruplescurrent ratio 1.08

Financials · financial year 2025, micro format

Equity
€20,371
2024 · -€22,363
Total assets
€25,265▼ 21.4%
2024 · €32,162
Net result
-€7,516▼ 280%
2024 · -€1,980
Working capital
€370
2024 · -€42,364
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €7,456 in 2025 against €1,790 in 2024; the loss grows and 2025 has 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-€7,456 2025 Net result-€7,516 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€348--€1,046-€7,250▼ 593%-€1,162▲ 84.0%-€1,187▼ 2.1%-€1,048▲ 11.7%-€1,790▼ 70.8%-€7,456▼ 316%
Net result€286--€1,107-€7,299▼ 559%-€1,226▲ 83.2%-€1,236▼ 0.8%-€1,048▲ 15.2%-€1,980▼ 88.9%-€7,516▼ 280%
Equity-€8,467--€9,574▼ 13.1%-€16,873▼ 76.2%-€18,099▼ 7.3%-€19,335▼ 6.8%-€20,383▼ 5.4%-€22,363▼ 9.7%€20,371
Total assets€763-€24,958▲ 3,172%€42,749▲ 71.3%€41,849▼ 2.1%€21,484▼ 48.7%€30,474▲ 41.8%€32,162▲ 5.5%€25,265▼ 21.4%
Debt€9,230-€34,533▲ 274%€59,622▲ 72.7%€59,949▲ 0.5%€40,819▼ 31.9%€50,857▲ 24.6%€54,525▲ 7.2%€4,894▼ 91.0%
Working capital-€8,467--€19,575▼ 131%-€26,874▼ 37.3%-€33,100▼ 23.2%-€34,336▼ 3.7%-€35,384▼ 3.1%-€42,364▼ 19.7%€370
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 €25,265
Fixed assets €20,001 =
Current assets €5,264 ▼ 56.7%
Equity and liabilities €25,265
Equity €20,371
Debt €4,894
Debt finances 19.4% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
Current ratio
1.08▲
2024 · 0.22
Debt to equity
0.24
ROE
-36.9%
ROA
-29.7%▼
2024 · -6.2%
Debt ≤ 1 year
€4,894▼
2024 · €54,525
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 · 2025 against 2024 · 28 lines
Balance sheet Code20242025
Assets
Total assets20/58€32,162€25,265▼
Fixed assets21/28€20,001€20,001=
Financial fixed assets28€20,001€20,001=
Current assets29/58€12,161€5,264▼
Amounts receivable after more than one year29-€5,000
Trade receivables290-€5,000
Amounts receivable within one year40/41€6,385-
Other amounts receivable41€6,385-
Cash at bank and in hand54/58€5,776€264▼
Equity and liabilities
Total equity and liabilities10/49€32,162€25,265▼
Equity10/15-€22,363€20,371▲
Contributions10/11€60,000€110,250▲
Profit (loss) carried forward14-€82,363-€89,879▼
Amounts payable17/49€54,525€4,894▼
Amounts payable within one year42/48€54,525€4,894▼
Trade debts44-€619
Suppliers440/4-€619
Other amounts payable47/48€54,525€4,275▼
Income statement Code20242025
Other operating charges640/8€387€377▼
Gross operating margin9900-€1,403-€7,078▼
Operating profit (loss)9901-€1,790-€7,456▼
Financial charges65/66B€190€60▼
Recurring financial charges65€190€60▼
Profit (loss) for the period before taxes9903-€1,980-€7,516▼
Profit (loss) for the period9904-€1,980-€7,516▼
Profit (loss) for the period to be appropriated9905-€1,980-€7,516▼
Appropriation of the result
Profit (loss) to be appropriated9906-€82,363-€89,879▼
Profit (loss) brought forward from the previous period14P-€80,383-€82,363▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Other operating charges640/8---€348€348€384€387€377▼ 2.6%
Gross operating margin9900€348-€1,046-€6,100-€815-€840-€664-€1,403-€7,078▼ 404%
Operating profit (loss)9901€348-€1,046-€7,250-€1,162-€1,187-€1,048-€1,790-€7,456▼ 316%
Recurring financial income75-€0-------
Financial charges65/66B---€64€49-€190€60▼ 68.3%
Recurring financial charges65€61€61€49€64€49-€190€60▼ 68.3%
Profit (loss) for the period before taxes9903€286-€1,107-€7,299-€1,226-€1,236-€1,048-€1,980-€7,516▼ 280%
Profit (loss) for the period9904€286-€1,107-€7,299-€1,226-€1,236-€1,048-€1,980-€7,516▼ 280%
Profit (loss) for the period to be appropriated9905€286-€1,107-€7,299-€1,226-€1,236-€1,048-€1,980-€7,516▼ 280%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€763€24,958€42,749€41,849€21,484€30,474€32,162€25,265▼ 21.4%
Fixed assets21/28-€10,001€10,001€15,001€15,001€15,001€20,001€20,001=
Financial fixed assets28-€10,001€10,001€15,001€15,001€15,001€20,001€20,001=
Current assets29/58€763€14,958€32,748€26,849€6,484€15,473€12,161€5,264▼ 56.7%
Amounts receivable after more than one year29-------€5,000-
Trade receivables290-------€5,000-
Amounts receivable within one year40/41€618€837€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€145€14,120€26,691€20,628€98€9,088€5,776€264▼ 95.4%
Equity and liabilities
Total equity and liabilities10/49€763€24,958€42,749€41,849€21,484€30,474€32,162€25,265▼ 21.4%
Equity10/15-€8,467-€9,574-€16,873-€18,099-€19,335-€20,383-€22,363€20,371-
Contributions10/11€60,000€60,000-€60,000€60,000€60,000€60,000€110,250▲ 83.8%
Profit (loss) carried forward14-€68,467-€69,574-€76,873-€78,099-€79,335-€80,383-€82,363-€89,879▼ 9.1%
Amounts payable17/49€9,230€34,533€59,622€59,949€40,819€50,857€54,525€4,894▼ 91.0%
Amounts payable within one year42/48€9,230€34,533€59,622€59,949€40,819€50,857€54,525€4,894▼ 91.0%
Trade debts44-€303€97€424€1,294€1,332-€619-
Suppliers440/4---€424€1,294€1,332-€619-
Other amounts payable47/48---€59,525€39,525€49,525€54,525€4,275▼ 92.2%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€286-€1,107-€7,299-€1,226-€1,236-€1,048-€1,980-€7,516▼ 280%
Operating cash flow (approximation)€286-€1,107-€7,299-€1,226-€1,236-€1,048-€1,980-€7,516▼ 280%
Investment in fixed assets (approximation)--€0-€5,000€0€0-€5,000€0-
Change in cash-€13,975€12,571-€6,064-€20,530€8,990-€3,312-€5,512▼ 66.4%

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

Download as CSV

Latest 10 of 13 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 30-06-2026 2026-00225213
31-12-2024 micro format 02-04-2025 2025-00061984
31-12-2023 micro format 03-10-2024 2024-00491804
31-12-2022 micro format 22-08-2023 2023-00356562
31-12-2021 micro format 30-08-2022 2022-20351221
31-12-2020 micro format 20-08-2021 2021-52600580
31-12-2019 micro format 25-08-2020 2020-44200448
31-12-2018 micro format 05-08-2019 2019-43900207
31-12-2017 micro format 26-09-2018 2018-64500040
31-12-2016 micro format 16-08-2017 2017-43300484

Show all 13 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 10 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the 2024 annual accounts of SOFINCAP and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations 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 include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

No directors read yet: 0 of 10 Gazette acts processed.

History

On 2 July 2012, SOFINCAP was incorporated.1 Total assets went from €24,958 in 2019 to €25,265 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Weakest financial yearnet -€7,516
Net result drops to -€7,516, the lowest in the series.
31-12
Financial Liquidity more than quadruplescurrent ratio 1.08
Current ratio from 0.22 to 1.08; short-term debt falls from €54,525 to €4,894.
02-04
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
03-10
NBB filing Annual accounts filed
financial year 2023 · micro format · 64 days late
2023
22-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 22 days late
2022
30-08
NBB filing Annual accounts filed
financial year 2021 · micro format · 30 days late
2021
20-08
NBB filing Annual accounts filed
financial year 2020 · micro format · 20 days late
2020
25-08
NBB filing Annual accounts filed
financial year 2019 · micro format · 25 days late
2019
05-08
NBB filing Annual accounts filed
financial year 2018 · micro format · 5 days late
2018
26-09
NBB filing Annual accounts filed
financial year 2017 · micro format · 57 days late
2017
16-08
NBB filing Annual accounts filed
financial year 2016 · micro format · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 13 annual accounts filed, the latest 10 are here; all 13 are under Financials.
0 of 10 deeds read
About the unread acts

We know of 10 Belgian Official 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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Register details

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

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 13 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Grimbergen · 1 establishment unit since 2012
registered office establishment The establishment unit on the map
Ground area
584 m²
Building footprint
479 m²
Building volume
8,307 m³
2 parcels, Brussels, Flanders · tallest building 26.2 m. 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 and other management consultancy
since 2012unit no. 2.210.873.389
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Cadastral parcel Region Area Buildings Height / floors
21447B0185/00G005 Brussels 355 m² 1 · 250 m² 26.2 m · 8
23005A0252/02A000 Flanders 229 m² 1 · 229 m² 13.7 m · 4
How the parcels are linked
Good to know
Both parcels match the address exactly.