SOFIPAX
ActiveSummary
SOFIPAX is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For SOFIPAX, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €2.67M and a net result of €-51k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 24% of 9863 sector peers (fiscal year 2024). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: One filing cycle is missing
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 9863 sector peers (2024).
NBB · sector comparisonPosition among 9863 sector peers
Solvency
better than 24%
← weakest
strongest →
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 147 days later.
NBB · 10 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline24-09-2026 today
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 18-06-2025, 49 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
49 d late
2023
92 d early
2022
111 d early
2021
109 d early
2020
115 d early
2019
129 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€2.67M▼ 1.9%
2023 · €2.72M
2018: €2.82M
2019: €2.79M
2020: €2.72M
2021: €2.69M
2022: €2.76M
2023: €2.72M
2018 → 2024
Net result
€-51k▼ 15.4%
2023 · €-44k
2018: €32k
2019: €-31k
2020: €-68k
2021: €-32k
2022: €71k
2023: €-44k
2018 → 2024
Total assets
€11.57M▲ 325%
2023 · €2.72M
2018: €3.20M
2019: €3.13M
2020: €2.72M
2021: €2.69M
2022: €2.76M
2023: €2.72M
2018 → 2024
Solvency
23.0%▼ 76.8pp
2023 · 99.8%
2018: 88.2%
2019: 89.2%
2020: 99.9%
2021: 99.9%
2022: 100.0%
2023: 99.8%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2.72M-€2.69M▼ 1.2%€2.76M▲ 2.6%€2.72M▼ 1.6%€2.67M▼ 1.9%
Operating result€-68k-€-41k▲ 40.2%€-23k▲ 44.0%€-56k▼ 147%€-132k▼ 135%
Net result€-68k-€-32k▲ 53.8%€71k€-44k€-51k▼ 15.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €132k in 2024 against €56k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €11.57M
Fixed assets
€10.87M ▲ 862%
Current assets
€702k ▼ 55.9%
Equity and liabilities €11.57M
Equity
€2.67M ▼ 1.9%
Debt
€8.91M ▲ 165,524%
Debt's share of the balance-sheet total rises from 0.2% to 77.0%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-1.9%▼
2023 · -1.6%
ROA
-0.4%▲
2023 · -1.6%
Debt ≤ 1 year
€8.91M▲
2023 · €5k
Staff costs
€88k▲
2023 · €47k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.72M€11.57M▲
Fixed assets21/28€1.13M€10.87M▲
Tangible fixed assets22/27€9k€9.80M▲
Land and buildings22-€9.79M
Furniture and vehicles24€9k€9k=
Financial fixed assets28€1.12M€1.07M▼
Current assets29/58€1.59M€702k▼
Amounts receivable within one year40/41€623k€116k▼
Other amounts receivable41€623k€116k▼
Cash at bank and in hand54/58€959k€587k▼
Deferred charges and accrued income490/1€10k-
Equity and liabilities
Total equity and liabilities10/49€2.72M€11.57M▲
Equity10/15€2.72M€2.67M▼
Contributions10/11€1.54M€1.54M=
Capital10€1.54M€1.54M=
Issued capital100€1.54M€1.54M=
Reserves13€1.27M€1.27M=
Non-distributable reserves130/1€154k€154k=
Legal reserve130€154k€154k=
Distributable reserves133€1.12M€1.12M=
Profit (loss) carried forward14€-92k€-143k▼
Amounts payable17/49€5k€8.91M▲
Amounts payable within one year42/48€5k€8.91M▲
Trade debts44€305€823▲
Suppliers440/4€305€823▲
Taxes, remuneration and social security45€5k€1k▼
Remuneration and social security454/9€5k€1k▼
Other amounts payable47/48-€8.90M
Income statement
Code20232024
Remuneration, social security and pensions62€47k€88k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€33k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-1
Other operating charges640/8€868€960▲
Gross operating margin9900€-8k€-10k▼
Operating profit (loss)9901€-56k€-132k▼
Financial income75/76B€35k€82k▲
Recurring financial income75€10k€60k▲
Non-recurring financial income76B€25k€22k▼
Financial charges65/66B€23k€406▼
Recurring financial charges65€1k€406▼
Non-recurring financial charges66B€22k-
Profit (loss) for the period before taxes9903€-44k€-51k▼
Profit (loss) for the period9904€-44k€-51k▼
Profit (loss) for the period to be appropriated9905€-44k€-51k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-92k€-143k▼
Profit (loss) brought forward from the previous period14P€-49k€-92k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 49 days late
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €71k
Net result €71k after 3 loss-making years.
30-09
Financial
Liquidity times 15current ratio 6718.49
Current ratio from 444.58 to 6718.49; short-term debt falls from €3k to €228.
11-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €-68k
Net result drops to €-68k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity times 88current ratio 455.54
Current ratio from 5.18 to 455.54; short-term debt falls from €337k to €3k.
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
29-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
09-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ottignies-Louvain-la-Neuve · 2 establishment units since 1995
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de la Malaise 111340 Ottignies-Louvain-la-NeuveGround area
2.1 ha
Building footprint
1,453 m²
Volume, LiDAR
30,874 m³
3 parcels, Brussels, Wallonia · tallest building 34.4 m, ±10 floors. Linked by address, not a title deed.
2 establishment units
SOFIPAX
since 19952.072.646.609
SOFIPAX
since 20132.233.268.414
3 parcels
Wallonia
2
(66.7%)
Brussels
1
(33.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0023/00W003 | Brussels | 1.2 ha | 1 · 987 m² | 34.4 m · 10 fl. |
| 25385C0203/00E000 | Wallonia | 5,954 m² | 1 · 215 m² | 7.2 m · 2 fl. |
| 55039B0065/00H000 | Wallonia | 3,594 m² | 1 · 251 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 10,044 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-07-1995
Fiscal year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.