Checked.be
Active
BE 0435.739.935Private limited company (pre-2019)
SOFIPA
Corsendonk 12 ·2360 Oud-Turnhout, Belgium· 37 yrs active
Sector: Wholesale trade
(46495)
Conclusion
SOFIPA has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38k and a net result of €9k. Equity is growing by ~28.6% per year across the filed fiscal years. Its solvency ranks better than 29% of 875 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €38k |
| Net result | €9k |
| Better than sector | 29% |
| Active | 37 yrs |
Financial profile
80
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
81
Profitability
100
Solvency
39
Growth
78
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1988, 37 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
81
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€3k
estimate, not credit advice
Score history
35
2023
81
2024
81
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 4.57 (≥ 1.5)
+10
Quick ratio
Quick ratio 4.57 (≥ 1.0)
+5
Leverage
Debt/equity 10.60 (> 3.0)
-10
Profitability
ROE 25% (≥ 10%)
+10
Interest coverage
Interest coverage 25.9× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 31-05-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~28.6%/year over 3 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 8.6% | 35.1% | |
| Net result | €9k | €10k | |
| Equity | €38k | €40k | |
| Gross operating margin | €14k | €32k | |
| Total assets | €441k | €131k |
€13k
+36.3%
23-25
€9k
+37.8%
23-25
€16k
+22.2%
23-25
€441k
-10.3%
23-25
€38k
+33.1%
23-25
€306k
-9.9%
23-25
€403k
-13.0%
23-25
€86k
-12.5%
23-25
€318k
-13.1%
23-25
4.57
+2.4%
23-25
4.57
+2.4%
23-25
8.6%
+48.5%
23-25
10.60
-34.7%
23-25
24.9%
+3.5%
23-25
2.1%
+53.7%
23-25
25.91
+16.6%
23-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €13k | €9k | €-12k |
| Net profit | €9k | €7k | €-14k |
| Cash flow | €16k | €13k | €-9k |
| Staff costs | - | - | - |
| Income taxes | - | - | - |
| Dividends | - | - | - |
| Total assets | €441k | €492k | €504k |
| Equity | €38k | €29k | €22k |
| Debt | €403k | €464k | €483k |
| of which ≤ 1y | €86k | €98k | €108k |
| of which > 1y | €318k | €366k | €374k |
| Working capital | €306k | €340k | €344k |
| Employees (FTE) | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 4.57 | 4.47 | 4.17 |
| Quick ratio | 4.57 | 4.47 | 4.17 |
| Working capital ratio | 69.4% | 69.0% | 68.2% |
| Solvency | 8.6% | 5.8% | 4.3% |
| Debt / equity | 10.60 | 16.22 | 22.24 |
| Long-term debt ratio | 8.35 | 12.79 | 17.24 |
| Interest coverage | 25.91 | 22.22 | -35.20 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 2.1% | 1.4% | -2.8% |
| ROE | 24.9% | 24.1% | -64.2% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €441k | €492k | €504k |
| Fixed assets | 21/28 | €50k | €55k | €52k |
| Tangible fixed assets | 22/27 | €50k | €55k | €52k |
| Current assets | 29/58 | €392k | €438k | €452k |
| Amounts receivable within one year | 40/41 | €10k | €100k | €124k |
| Investments | 50/53 | €326k | €326k | €326k |
| Cash & bank | 54/58 | €56k | €12k | €3k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €441k | €492k | €504k |
| Equity | 10/15 | €38k | €29k | €22k |
| Contributions / capital | 10/11 | €19k | €19k | €19k |
| Reserves | 13 | €36k | €36k | €36k |
| Accumulated profits (losses) | 14 | €-16k | €-26k | €-32k |
| Amounts payable | 17/49 | €403k | €464k | €483k |
| Amounts payable after one year | 17 | €318k | €366k | €374k |
| Amounts payable within one year | 42/48 | €86k | €98k | €108k |
| Trade debts payable within one year | 44 | €86k | €98k | €108k |
| Income statement | ||||
| Gross operating margin | 9900 | €14k | €19k | €-9k |
| Operating result | 9901 | €7k | €3k | €-16k |
| Financial income | 75 | €3k | €4k | €3k |
| Financial charges | 65 | €491 | €421 | €339 |
| Result before taxes | 9903 | €9k | €7k | €-14k |
| Net result for the period | 9904 | €9k | €7k | €-14k |
| Result to be appropriated | 9905 | €9k | €7k | €-14k |
Legal Structure
| NACE primary | Wholesale trade(46495) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 08-11-1988 |
| Status | Active |
| Postal code | 2360 |
Establishment units
Corsendonk 12, 2360 Oud-Turnhout
since 19892.042.020.244
SOFIPA
since 20192.344.903.239
Real-estate footprint
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13483I0415/00C000 | Flanders | 3,903 m² | 1 · 250 m² | 7.8 m · 1 fl. |
| 13040C0830/00B000 | Flanders | 3,824 m² | 1 · 1,836 m² | 7.3 m · 2 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
Next filing, fiscal year 2026, expected by
2026
31-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
30-09
Financial
Highest result since 2023net €9k ▲37.8%
Operating result €7k, net result €9k, both a record.
30-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
30-09
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
06-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 98 days late
2016
05-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 66 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Wholesale trade46495Retail sale of bicycles47632Retail trade47785
Names & trade names
| Legal nameNL | SOFIPA |
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