SOFINTRA
Dissolution or liquidationFinancials · financial year 2024, micro format
2024 annual accounts filed 31 days after the deadline Filed on 31 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00470539.
Annual accounts 2024 filed on 31-08-2025 PDF all 31 filings
Turnover
≈ €200,000
Estimated: probably between €130,000 and €340,000
EBIT margin
Not included in this filing
Net result
-€250,186
2023 · €198,761
Working capital
-€280,314▼ 59.3%
2023 · -€175,926
Multi-year overview
2018 to 2024, 6 financial yearsOperating result
-€252,871
2024
20182024
Net result
-€250,186
2024
20182024
Equity
€590,449
▼ 29.8%
2024
20182024
Total assets
€1.3m
▼ 15.6%
2024
20182024
Debt
€653,927
▼ 11.9%
2024
20182024
Working capital
-€280,314
▼ 59.3%
2024
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820202021202220232024
Operating result-€0.2m--€0.08m-€0.4m-€0.4m€0.2m-€0.3m
Net result-€0.2m--€0.1m-€0.4m-€0.4m€0.2m-€0.3m
Equity€1.2m-€0.7m-€1.1m▲ 55.0%€0.6m▼ 40.6%€0.8m▲ 31.0%€0.6m▼ 29.8%
Total assets€4.8m-€3.7m-€3.3m▼ 11.1%€2.4m▼ 27.9%€1.6m▼ 33.4%€1.3m▼ 15.6%
Debt€3.5m-€3.0m-€2.2m▼ 26.4%€1.7m▼ 21.6%€0.7m▼ 57.2%€0.7m▼ 11.9%
Working capital-€1.3m--€1.8m--€0.9m▲ 48.7%-€0.8m▲ 19.6%-€0.2m▲ 76.9%-€0.3m▼ 59.3%
The operating result for 2024 is a loss of €252,871, after a profit of €199,750 in 2023.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.3m
Fixed assets
€963,580 ▼ 6.5%
Current assets
€372,240 ▼ 32.5%
Equity and liabilities €1.3m
Equity
€590,449 ▼ 29.8%
Provisions
€91,444
Debt
€653,927 ▼ 11.9%
Debt's share of the balance-sheet total rises from 46.9% to 49.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€184,961▼
2023 · €270,788
Cash flow
-€182,276▼
2023 · €269,799
Current ratio
0.57▼
2023 · 0.76
Debt to equity
1.11▲
2023 · 0.88
ROE
-42.4%▼
2023 · 23.6%
ROA
-18.7%▼
2023 · 12.6%
Interest coverage
-761.16▼
2023 · 49.33
Debt ≤ 1 year
€652,554▼
2023 · €727,543
Income taxes
€474
Staff costs
€61,212▲
2023 · €60,308
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | €41,890 | €509 |
| Depreciation and write-downs of the year | €112,963 | €86,115 | €71,038 | €67,910 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €493,518 | €241,578 | €305,249 | €22,423 | ▼ 92.7% |
| Remuneration, social security and pensions62 | - | - | €42,178 | €54,998 | €60,308 | €61,212 | ▲ 1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €149,475 | €145,117 | €112,963 | €86,115 | €71,038 | €67,910 | ▼ 4.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | €98,100 | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €11,358 | - | - | - |
| Other operating charges640/8 | - | - | €852 | €220 | €220 | €220 | = |
| Non-recurring operating charges66A | - | - | - | €552,248 | €23,057 | €91,644 | ▲ 297% |
| Gross operating margin9900 | €366,306 | €148,529 | €565,743 | €272,499 | €354,373 | €66,215 | ▼ 81.3% |
| Operating profit (loss)9901 | -€178,672 | -€84,336 | €409,750 | -€432,440 | €199,750 | -€252,871 | - |
| Financial income75/76B | - | - | €937 | €4,500 | €4,500 | €3,402 | ▼ 24.4% |
| Recurring financial income75 | €9,177 | €120 | €937 | €4,500 | €4,500 | €3,402 | ▼ 24.4% |
| Financial charges65/66B | - | - | €9,958 | €10,854 | €5,489 | €243 | ▼ 95.6% |
| Recurring financial charges65 | €29,385 | €11,390 | €9,958 | €10,854 | €5,489 | €243 | ▼ 95.6% |
| Profit (loss) for the period before taxes9903 | -€198,880 | -€95,606 | €400,729 | -€438,794 | €198,761 | -€249,712 | - |
| Income taxes67/77 | - | €125 | - | €462 | - | €474 | - |
| Profit (loss) for the period9904 | -€198,880 | -€95,731 | €400,729 | -€439,256 | €198,761 | -€250,186 | - |
| Profit (loss) for the period to be appropriated9905 | -€198,880 | -€95,731 | €400,729 | -€439,256 | €198,761 | -€250,186 | - |
| Line | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €4.8m | €3.7m | €3.3m | €2.4m | €1.6m | €1.3m | ▼ 15.6% |
| Fixed assets21/28 | €2.8m | €2.6m | €2.1m | €1.4m | €1.0m | €1.0m | ▼ 6.5% |
| Intangible fixed assets21 | €0.001m | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €2.6m | €2.3m | €1.8m | €1.1m | €0.8m | €0.7m | ▼ 8.9% |
| Land and buildings22 | - | - | €1.8m | €1.1m | €0.8m | €0.7m | ▼ 8.9% |
| Plant, machinery and equipment23 | - | - | €0.001m | - | - | - | - |
| Financial fixed assets28 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Current assets29/58 | €1.9m | €1.1m | €1.2m | €1.0m | €0.6m | €0.4m | ▼ 32.5% |
| Stocks and contracts in progress3 | €1.3m | €0.7m | €0.7m | €0.002m | - | - | - |
| Stocks30/36 | - | - | €0.7m | €0.002m | - | - | - |
| Amounts receivable within one year40/41 | €0.4m | €0.4m | €0.5m | €0.7m | €0.5m | €0.3m | ▼ 30.6% |
| Trade receivables40 | - | - | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 0.9% |
| Other amounts receivable41 | - | - | €0.2m | €0.4m | €0.2m | €0.08m | ▼ 66.6% |
| Cash at bank and in hand54/58 | €0.2m | €0.02m | €0.007m | €0.2m | €0.05m | €0.02m | ▼ 46.8% |
| Deferred charges and accrued income490/1 | - | - | €0.001m | €0.03m | €0.006m | €0.001m | ▼ 81.0% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €4.8m | €3.7m | €3.3m | €2.4m | €1.6m | €1.3m | ▼ 15.6% |
| Equity10/15 | €1.2m | €0.7m | €1.1m | €0.6m | €0.8m | €0.6m | ▼ 29.8% |
| Contributions10/11 | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Capital10 | - | - | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Issued capital100 | - | - | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Reserves13 | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Non-distributable reserves130/1 | - | - | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Legal reserve130 | - | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Other1319 | - | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Profit (loss) carried forward14 | -€0.8m | -€1.3m | -€0.9m | -€1.4m | -€1.2m | -€1.4m | ▼ 21.1% |
| Provisions and deferred taxes16 | - | - | - | - | - | €0.09m | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | - | €0.09m | - |
| Major repairs and maintenance162 | - | - | - | - | - | €0.09m | - |
| Amounts payable17/49 | €3.5m | €3.0m | €2.2m | €1.7m | €0.7m | €0.7m | ▼ 11.9% |
| Amounts payable after more than one year17 | €0.3m | €0.04m | €0.03m | €0.01m | €0.01m | - | - |
| Other amounts payable178/9 | - | - | €0.03m | €0.01m | €0.01m | - | - |
| Amounts payable within one year42/48 | €3.2m | €3.0m | €2.2m | €1.7m | €0.7m | €0.7m | ▼ 10.3% |
| Current portion of amounts payable after more than one year42 | - | - | €0.009m | - | - | - | - |
| Financial debts43 | - | - | €2.1m | €1.7m | €0.7m | €0.6m | ▼ 6.6% |
| Credit institutions430/8 | - | - | €2.1m | €1.7m | €0.7m | €0.6m | ▼ 6.6% |
| Trade debts44 | €0.006m | €0.01m | €0.006m | €0.005m | €0.02m | €0.01m | ▼ 28.4% |
| Suppliers440/4 | - | - | €0.006m | €0.005m | €0.02m | €0.01m | ▼ 28.4% |
| Taxes, remuneration and social security45 | - | - | €0.005m | €0.01m | €0.01m | €0.01m | ▲ 4.4% |
| Taxes450/3 | - | - | - | €462 | €131 | - | - |
| Remuneration and social security454/9 | - | - | €0.005m | €0.01m | €0.01m | €0.01m | ▲ 5.7% |
| Other amounts payable47/48 | - | - | €0.07m | €0.03m | €0.04m | €0.009m | ▼ 75.7% |
| Accrued charges and deferred income492/3 | - | - | €0.004m | - | €0.001m | €0.001m | ▲ 35.5% |
| Line | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€198,880 | -€95,731 | €400,729 | -€439,256 | €198,761 | -€250,186 | - |
| + Depreciation and write-downs630 | €149,475 | €145,117 | €112,963 | €86,115 | €71,038 | €67,910 | ▼ 4.4% |
| Operating cash flow (approximation) | -€49,405 | €49,386 | €513,692 | -€353,141 | €269,799 | -€182,276 | - |
| Investment in fixed assets (approximation) | - | - | €412,149 | €559,499 | €315,949 | -€509 | - |
| Change in cash | - | - | -€14,692 | €219,793 | -€180,442 | -€21,732 | ▲ 88.0% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 31 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 31-08-2025 | 2025-00470539 | |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00431835 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00412091 | |
| 31-12-2021 | full format | 31-08-2022 | 2022-20404744 | |
| 31-12-2020 | full format | 30-08-2021 | 2021-61800225 | |
| 31-12-2018 | full format | 27-08-2019 | 2019-55700589 | |
| 31-12-2017 | full format | 28-08-2018 | 2018-52600212 | |
| 31-12-2016 | full format | 30-08-2017 | 2017-54300555 | |
| 31-12-2015 | full format | 22-08-2016 | 2016-45700141 | |
| 31-12-2014 | full format | 31-08-2015 | 2015-54700246 |