Equity
SOFINKA paid out €20,427 in dividends. That is 535% of the 2025 profit.
In July 2024, 17,035 companies had the same profile as SOFINKA has now. Each dot stands for 43 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,035 companies, not a prediction for SOFINKA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| SOFINKA Roeselare | €79,020 | €13,740 | 61.5% | - |
| HD-NOT Harelbeke | €106,139 | €14,144 | 90.6% | - |
| Codling food & event solutions Knokke-Heist | €80,699 | €9,177 | 70.4% | - |
| INZICHT Harelbeke | €113,480 | €12,739 | 90.8% | - |
| ZWANENVEN CONSULTANCY Turnhout | €62,338 | €17,228 | -18.3% | - |
| ASTOU Zoersel | €71,066 | €20,119 | 87.3% | - |
| Good Buy Ghent | €62,448 | €10,057 | 80.3% | - |
These companies have the same main activity as SOFINKA: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €62,300 and €113,000, founded between 1999 and 2009.
SOFINKA files the micro format. That format states no turnover. The gross margin fell from €17,504 in 2007 to €13,740 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €63,000. Estimated: probably between €31,000 and €120,000.
Higher than 56% of 41,211 companies in 2025.
Higher than 49% of 39,782 companies in 2025.
Higher than 32% of 40,303 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
79,020 | 80,249 | 81,271 | 75,758 | 62,616 | 81,393 | 51,763 | 37,434 | 28,478 | 19,516 | 1,386 | 13,716 | 73,188 | 75,036 | 118,379 | 149,712 | 144,210 | 83,595 | 88,486 | |
21/28 |
19,565 | 26,344 | 29,224 | 209 | 492 | 775 | - | - | - | - | - | 4,500 | 7,937 | 24,698 | 41,366 | 61,269 | 79,946 | 30,984 | 37,396 | |
22/27 |
19,565 | 26,344 | 29,224 | 209 | 492 | 775 | - | - | - | - | - | - | 3,437 | 20,198 | 36,866 | 55,269 | 73,946 | 24,984 | 35,896 | |
23 |
- | - | - | - | - | - | - | - | - | - | - | - | 2,638 | 4,880 | 7,030 | 12,825 | 17,544 | 14,910 | 15,757 | |
24 |
19,565 | 26,344 | 29,224 | 209 | 492 | 775 | - | - | - | - | - | - | 800 | 15,318 | 29,836 | 42,445 | 56,402 | 10,074 | 20,139 | |
28 |
- | - | - | - | - | - | - | - | - | - | - | 4,500 | 4,500 | 4,500 | 4,500 | 6,000 | 6,000 | 6,000 | 1,500 | |
29/58 |
59,455 | 53,904 | 52,047 | 75,550 | 62,124 | 80,619 | 51,763 | 37,434 | 28,478 | 19,516 | 1,386 | 9,216 | 65,250 | 50,338 | 77,014 | 88,443 | 64,264 | 52,611 | 51,090 | |
3 |
- | - | - | - | - | - | - | - | - | - | - | 1,328 | 51,476 | 31,895 | 65,108 | 67,580 | 46,486 | 30,190 | 24,955 | |
30/36 |
- | - | - | - | - | - | - | - | - | - | - | 1,328 | 51,476 | 31,895 | 65,108 | 67,580 | 46,486 | 30,190 | 24,955 | |
40/41 |
21,117 | 25,785 | 13,902 | 35,203 | 51,446 | 45,857 | 46,388 | 29,467 | 26,906 | 13,386 | 1,386 | 1,743 | 604 | 2,245 | 2,351 | 5,791 | 4,078 | 5,187 | 7,747 | |
40 |
11,564 | 15,875 | 11,030 | 12,691 | 3,630 | 20,192 | 26,250 | 22,160 | 20,780 | 7,260 | - | 1,743 | 604 | 2,245 | 2,338 | 4,278 | 2,565 | 3,680 | 5,945 | |
41 |
9,553 | 9,910 | 2,872 | 22,512 | 47,816 | 25,665 | 20,138 | 7,307 | 6,126 | 6,126 | 1,386 | - | - | - | 13 | 1,513 | 1,513 | 1,507 | 1,802 | |
54/58 |
35,593 | 24,153 | 34,293 | 35,029 | 5,406 | 29,535 | 195 | 2,831 | 1,572 | 6,130 | - | 6,145 | 12,116 | 12,902 | 9,555 | 15,072 | 13,700 | 17,233 | 15,931 | |
490/1 |
2,745 | 3,966 | 3,852 | 5,317 | 5,272 | 5,227 | 5,181 | 5,136 | - | - | - | - | 1,056 | 3,296 | - | - | - | - | 2,457 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
79,020 | 80,249 | 81,271 | 75,758 | 62,616 | 81,393 | 51,763 | 37,434 | 28,478 | 19,516 | 1,386 | 13,716 | 73,188 | 75,036 | 118,379 | 149,712 | 144,210 | 83,595 | 88,486 | |
10/15 |
48,573 | 65,179 | 61,529 | 58,771 | 52,159 | 49,205 | 27,721 | 8,960 | -13,891 | -59,597 | -88,686 | -85,751 | -90,777 | -111,940 | -92,359 | -53,236 | -31,355 | -2,127 | 5,662 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
11 |
- | - | - | - | - | 6,200 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | 6,200 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
42,373 | 58,979 | 55,329 | 52,571 | 45,959 | 43,005 | 21,521 | 2,760 | - | - | - | - | - | - | - | - | - | - | - | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
40,513 | 57,119 | 53,469 | 50,711 | 44,099 | 41,145 | 19,661 | 900 | - | - | - | - | - | - | - | - | - | - | - | |
14 |
- | - | - | - | - | - | - | - | -20,091 | -65,797 | -94,886 | -91,951 | -96,977 | -118,140 | -98,559 | -59,436 | -37,555 | -8,327 | -538 | |
17/49 |
30,448 | 15,070 | 19,741 | 16,988 | 10,457 | 32,189 | 24,043 | 28,475 | 42,368 | 79,114 | 90,072 | 99,466 | 163,964 | 186,977 | 210,739 | 202,948 | 175,565 | 85,722 | 82,823 | |
17 |
- | - | - | - | - | - | - | - | - | - | 84,683 | 83,220 | 74,905 | 113,246 | 60,844 | 59,669 | 68,434 | 3,685 | 7,886 | |
170/4 |
- | - | - | - | - | - | - | - | - | - | 84,683 | 83,220 | 74,905 | 113,246 | 60,844 | 59,669 | 68,434 | 3,685 | 7,886 | |
42/48 |
29,748 | 14,479 | 19,565 | 15,202 | 10,005 | 32,044 | 24,043 | 28,475 | 42,368 | 79,114 | 5,389 | 16,246 | 89,059 | 73,731 | 149,895 | 143,279 | 106,981 | 82,038 | 69,840 | |
42 |
4,167 | 2,917 | 1,269 | - | - | - | 5,012 | 7,509 | - | - | - | - | 8,105 | 9,104 | 10,273 | 6,765 | 10,191 | 4,202 | 11,473 | |
43 |
- | - | - | - | 5,000 | 5,012 | 4,638 | - | - | - | 4,567 | - | - | - | - | - | - | - | - | |
430/8 |
- | - | - | - | 5,000 | 5,012 | 4,638 | - | - | - | 4,567 | - | - | - | - | - | - | - | - | |
44 |
597 | - | 7,688 | 57 | 445 | - | 5,778 | 6,127 | 1,149 | 974 | 449 | 1,592 | 11,518 | 5,810 | 10,469 | 8,337 | 5,595 | 7,482 | - | |
440/4 |
597 | - | 7,688 | 57 | 445 | - | 5,778 | 6,127 | 1,149 | 974 | 449 | 1,592 | 11,518 | 5,810 | 10,469 | 8,337 | 5,595 | 7,482 | - | |
45 |
4,167 | 4,940 | 4,417 | 7,984 | 4,560 | 4,798 | 5,626 | 8,000 | 6,917 | 2,559 | - | 6,685 | 5,811 | 5,298 | 4,534 | 4,227 | 3,243 | 2,422 | - | |
450/3 |
2,417 | 3,190 | 2,667 | 6,234 | 2,810 | 3,048 | 5,626 | 3,150 | 4,567 | 2,559 | - | 6,685 | 5,811 | 5,298 | 4,534 | 4,227 | 3,243 | 2,422 | - | |
454/9 |
1,750 | 1,750 | 1,750 | 1,750 | 1,750 | 1,750 | - | 4,850 | 2,350 | - | - | - | - | - | - | - | - | - | - | |
47/48 |
20,817 | 6,623 | 6,191 | 7,161 | - | 22,234 | 2,988 | 6,838 | 34,302 | 75,580 | 374 | 7,969 | 63,626 | 53,519 | 124,619 | 123,950 | 87,953 | 67,933 | 58,367 | |
492/3 |
700 | 590 | 176 | 1,786 | 452 | 144 | - | - | - | - | - | - | - | - | - | - | 150 | - | 5,097 | |
| Income statement | ||||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | - | - | 48,918 | - | - | - | - | - | - | - | |
9900 |
13,740 | 15,524 | 8,116 | 10,819 | 5,343 | 35,843 | 28,873 | 37,084 | 50,311 | 29,530 | -629 | -36,761 | 26,689 | 2,765 | -13,529 | 2,648 | -3,261 | 6,401 | 17,504 | |
630 |
6,779 | 6,779 | 981 | 283 | 283 | 74 | - | - | - | - | - | - | 2,660 | 16,915 | 20,619 | 20,259 | 20,382 | 14,685 | 15,719 | |
640/8 |
450 | 474 | 112 | 111 | 109 | 107 | 105 | 103 | 103 | 102 | - | 3,945 | 182 | 1,037 | 2,132 | 3,491 | 6,583 | 1,246 | 1,054 | |
9901 |
6,511 | 8,271 | 7,023 | 10,425 | 4,951 | 35,661 | 28,768 | 36,981 | 50,208 | 29,428 | -629 | -40,706 | 23,847 | -15,187 | -36,281 | -21,102 | -30,225 | -9,529 | 731 | |
75/76B |
68 | 138 | - | 154 | 339 | - | 506 | 2 | - | 182 | 227 | 495 | 843 | 962 | 2,201 | 4,160 | 4,260 | 3,642 | 3,378 | |
75 |
68 | 138 | - | 154 | 339 | - | 506 | 2 | - | 182 | 227 | 495 | 843 | 962 | 2,201 | 4,160 | 4,260 | 3,642 | 3,378 | |
65/66B |
987 | 663 | 536 | 312 | 284 | 330 | 295 | 266 | 213 | 522 | 2,534 | 3,681 | 3,527 | 5,344 | 5,043 | 4,949 | 3,263 | 1,137 | 835 | |
65 |
987 | 663 | 536 | 312 | 284 | 330 | 295 | 266 | 213 | 522 | 2,534 | 3,681 | 3,527 | 5,344 | 5,043 | 4,949 | 3,263 | 1,137 | 835 | |
9903 |
5,592 | 7,746 | 6,487 | 10,268 | 5,007 | 35,331 | 28,980 | 36,717 | 49,995 | 29,088 | -2,935 | 5,026 | 21,164 | -19,568 | -39,124 | -21,891 | -29,228 | -7,024 | 3,274 | |
67/77 |
1,771 | 2,497 | 2,128 | 3,655 | 2,053 | 8,847 | 7,719 | 8,867 | 4,288 | - | - | - | 0 | 13 | - | -11 | - | 766 | - | |
9904 |
3,820 | 5,250 | 4,359 | 6,612 | 2,954 | 26,484 | 21,261 | 27,851 | 45,707 | 29,088 | -2,935 | 5,026 | 21,164 | -19,581 | -39,124 | -21,881 | -29,228 | -7,790 | 3,274 | |
9905 |
3,820 | 5,250 | 4,359 | 6,612 | 2,954 | 26,484 | 21,261 | 27,851 | 45,707 | 29,088 | -2,935 | 5,026 | 21,164 | -19,581 | -39,124 | -21,881 | -29,228 | -7,790 | 3,274 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
3,820 | 5,250 | 4,359 | 6,612 | 2,954 | 26,484 | 21,261 | 7,760 | -20,091 | -65,797 | -94,886 | -91,951 | -96,977 | -118,140 | -98,559 | -59,436 | -37,555 | -8,327 | -538 | |
791/2 |
18,761 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
2,154 | 3,650 | 2,759 | 6,612 | 2,954 | 21,484 | 18,761 | 2,760 | - | - | - | - | - | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
6921 |
2,154 | 3,650 | 2,759 | 6,612 | 2,954 | 21,484 | 18,761 | 900 | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
20,427 | 1,600 | 1,600 | - | - | 5,000 | 2,500 | 5,000 | - | - | - | - | - | - | - | - | - | - | - | |
694 |
20,427 | 1,600 | 1,600 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
695 |
- | - | - | - | - | 5,000 | 2,500 | 5,000 | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for 2 older financial years (2005-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 30-01-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 30-01-2026 | 2026-00022372 | |
| 30-06-2024 | micro format | 31-01-2025 | 2025-00021731 | |
| 30-06-2023 | micro format | 28-12-2023 | 2023-00539711 | |
| 30-06-2022 | micro format | 31-01-2023 | 2023-00019165 | |
| 30-06-2021 | micro format | 31-01-2022 | 2022-04000263 | |
| 30-06-2020 | micro format | 29-01-2021 | 2021-02900256 | |
| 30-06-2019 | micro format | 03-12-2020 | 2020-74200477 | |
| 30-06-2018 | micro format | 29-01-2019 | 2019-02900413 | |
| 30-06-2017 | micro format | 31-01-2018 | 2018-03700237 | |
| 30-06-2016 | abbreviated format | 23-01-2017 | 2017-01900413 | |
| 30-06-2015 | abbreviated format | 22-01-2016 | 2016-02500558 | |
| 30-06-2014 | abbreviated format | 12-02-2015 | 2015-04100544 | |
| 30-06-2013 | abbreviated format | 24-02-2014 | 2014-04800113 | |
| 30-06-2012 | abbreviated format | 07-02-2013 | 2013-03100015 | |
| 30-06-2011 | abbreviated format | 26-01-2012 | 2012-01700310 | |
| 30-06-2010 | abbreviated format | 28-01-2011 | 2011-02100040 | |
| 30-06-2009 | abbreviated format | 22-01-2010 | 2010-02100286 | |
| 30-06-2008 | abbreviated format | 23-01-2009 | 2009-02100107 | |
| 30-06-2007 | abbreviated format | 18-01-2008 | 2008-01800301 | |
| 30-06-2006 | abbreviated format | 20-02-2007 | 2007-05404808 | |
| 30-06-2005 | abbreviated format | 20-12-2005 | 2005-90405296 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 13,290 | 15,050 | 8,004 | 10,708 | 5,234 | 35,736 | - | - | - | - | - | - | 26,507 | 1,728 | -15,662 | -843 | -9,843 | 5,155 | 16,450 | ||
| 10,600 | 12,029 | 5,340 | 6,895 | 3,237 | 26,558 | - | - | - | - | - | - | 23,824 | -2,666 | -18,504 | -1,622 | -8,846 | 6,895 | 18,993 | ||
| 0 | 3,900 | 29,996 | 0 | 0 | 849 | - | - | - | - | - | - | -14,101 | 247 | 2,216 | 1,582 | 79,408 | 8,273 | 20,147 | ||
| 11,440 | -10,140 | -736 | 29,623 | -24,129 | 29,341 | -2,636 | 1,259 | -4,559 | - | - | -5,970 | -787 | 3,347 | -5,517 | 1,372 | -3,534 | 1,302 | - | ||
| 29,708 | 39,425 | 32,482 | 60,348 | 52,119 | 48,574 | 27,721 | 8,960 | -13,891 | -59,597 | -4,003 | -7,031 | -23,809 | -23,392 | -72,881 | -54,837 | -42,717 | -29,427 | -18,750 | ||
| 61.5% | 81.2% | 75.7% | 77.6% | 83.3% | 60.5% | 53.6% | 23.9% | -48.8% | -305.4% | - | -625.2% | -124.0% | -149.2% | -78.0% | -35.6% | -21.7% | -2.5% | 6.4% | ||
| 2.00 | 3.72 | 2.66 | 4.97 | 6.21 | 2.52 | 2.15 | 1.31 | 0.67 | 0.25 | - | 0.57 | 0.73 | 0.68 | 0.51 | 0.62 | 0.60 | 0.64 | 0.73 | ||
| 2.00 | 3.72 | 2.66 | 4.97 | 6.21 | 2.52 | 2.15 | 1.31 | 0.67 | 0.25 | - | 0.49 | 0.15 | 0.25 | 0.08 | 0.15 | 0.17 | 0.27 | 0.37 | ||
| 0.63 | 0.23 | 0.32 | 0.29 | 0.20 | 0.65 | 0.87 | 3.18 | - | - | - | - | - | - | - | - | - | - | 14.63 | ||
| 7.9% | 8.1% | 7.1% | 11.3% | 5.7% | 53.8% | 76.7% | 310.8% | - | - | - | - | - | - | - | - | - | - | 57.8% | ||
| 4.8% | 6.5% | 5.4% | 8.7% | 4.7% | 32.5% | 41.1% | 74.4% | 160.5% | 149.0% | - | 36.6% | 28.9% | -26.1% | -33.0% | -14.6% | -20.3% | -9.3% | 3.7% | ||
| 13.46 | 22.70 | 14.93 | 34.37 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €3,900 | €29,996 | - |
| €6,779 | €6,779 | €981 | €283 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 21% lower than in 2024 and the lowest since 2021.
Debt's share of the balance-sheet total rises from 18.8% to 38.5%. Equity is lower and debt is higher.
SOFINKA has no parent and no holdings in its annual accounts. is the only director. SOFINKA shares no director with another company.
| Pivaco
registered office since 24-01-2019 · founded in 2019 |
total assets €2.0m (2025) 0719.365.757 |
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Reinaertstraat 14 registered office 8800 Roeselare | 07-01-2004 | 2.134.967.327 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 36505C1002/00M000 | 1,669 m² | 1 · 306 m² | 9.2 m · 2 |
If something looks wrong or is missing, please tell us.