Summary
SOFINES has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €741,919. Equity remains stable across the filed fiscal years (±0% per year). The computed 12-month bankruptcy probability is 0.5% (low).
Financials · fiscal year 2024, micro schema
2020 to 2024, 5 fiscal years
The operating result turns negative in 2022: a loss of €29,932 after €216,551 in 2021, the lowest 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.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
- 2021 Net result -60% on 2020. The accounts now follow the abbreviated schema, last year the micro schema.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €574,600 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €333,041 | €4,932 | - | - | - |
| Remuneration, social security and pensions62 | - | €8 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,637 | €25,000 | €25,000 | - | - | - |
| Gross operating margin9900 | €725,103 | €241,559 | -€4,932 | - | - | - |
| Operating profit (loss)9901 | €711,613 | €216,551 | -€29,932 | - | - | - |
| Recurring financial income75 | €0 | - | - | - | - | - |
| Financial charges65/66B | - | €60 | - | - | - | - |
| Recurring financial charges65 | €0 | €60 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €711,613 | €216,491 | -€29,932 | - | - | - |
| Income taxes67/77 | €172,903 | €3,349 | - | - | - | - |
| Profit (loss) for the period9904 | €538,710 | €213,142 | -€29,932 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €538,710 | €213,142 | -€29,932 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.9m | €1.1m | €0.7m | €0.7m | €0.7m | = |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.5m | €0.5m | €0.4m | €0.4m | €0.4m | = |
| Land and buildings22 | - | €0.5m | €0.4m | €0.4m | €0.4m | = |
| Financial fixed assets28 | €0.009m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Current assets29/58 | €0.4m | €0.6m | €0.3m | €0.3m | €0.3m | = |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.3m | €0.5m | €0.2m | €0.2m | €0.2m | = |
| Trade receivables40 | - | €0.5m | €0.1m | €0.1m | €0.1m | = |
| Other amounts receivable41 | - | €0.006m | €0.007m | €0.007m | €0.007m | = |
| Current investments50/53 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.05m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.9m | €1.1m | €0.7m | €0.7m | €0.7m | = |
| Equity10/15 | €0.6m | €0.8m | €0.7m | €0.7m | €0.7m | = |
| Contributions10/11 | €0 | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Profit (loss) carried forward14 | €0.5m | €0.8m | €0.7m | €0.7m | €0.7m | = |
| Amounts payable17/49 | €0.3m | €0.3m | €0.003m | €0.003m | €0.003m | = |
| Amounts payable within one year42/48 | €0.3m | €0.3m | €0.003m | €0.003m | €0.003m | = |
| Trade debts44 | €0.06m | €0.07m | €0.003m | €0.003m | €0.003m | = |
| Suppliers440/4 | - | €0.07m | €0.003m | €0.003m | €0.003m | = |
| Taxes, remuneration and social security45 | - | €0.2m | - | - | - | - |
| Taxes450/3 | - | €0.2m | - | - | - | - |
| Remuneration and social security454/9 | - | €0.02m | - | - | - | - |
| Other amounts payable47/48 | - | €0.05m | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €538,710 | €213,142 | -€29,932 | - | - | - |
| + Depreciation and write-downs630 | €12,637 | €25,000 | €25,000 | - | - | - |
| Operating cash flow (approximation) | €551,346 | €238,142 | -€4,932 | - | - | - |
| Investment in fixed assets (approximation) | - | -€9,300 | €0 | €0 | €0 | - |
| Change in cash | - | €87,424 | €0 | €0 | €0 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.