SOFIPHAR
InactiveSOFIPHAR was declared bankrupt on 27-06-2022 (Tribunal de l’entreprise de Liège, division Liège); the bankruptcy was closed by liquidation by judgment of 16-05-2023, published in the Belgian State Gazette on 25-05-2023.
Summary
Inactive; last annual accounts for fiscal year 2019.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 28-05-2020, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
64 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its 2019 accounts 64 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2019, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€5,191▼ 76.5%
2018 · €22,046
Working capital
€134,135▼ 13.6%
2018 · €155,272
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019
Operating result€35,358-€17,302▼ 51.1%
Net result€22,046-€5,191▼ 76.5%
Equity€82,019-€87,210▲ 6.3%
Total assets€323,121-€321,560▼ 0.5%
Debt€241,102-€234,350▼ 2.8%
Working capital€155,272-€134,135▼ 13.6%
Staff (FTE)1.8
Result per fiscal year
Operating resultNet result
The operating result falls in 2019; 2019 is 51% below 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €321,560
Fixed assets
€14,201 ▼ 11.0%
Current assets
€307,359 ▲ 0.1%
Equity and liabilities €321,560
Equity
€87,210 ▲ 6.3%
Debt
€234,350 ▼ 2.8%
Debt's share of the balance-sheet total falls from 74.6% to 72.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€22,274▼
2018 · €40,951
Cash flow
€10,162▼
2018 · €27,638
Current ratio
1.77▼
2018 · 2.02
Quick ratio
1.18▼
2018 · 1.58
Debt to equity
0.70▼
2018 · 1.09
ROE
6.0%▼
2018 · 26.9%
ROA
1.6%▼
2018 · 6.8%
Debt ≤ 1 year
€173,223▲
2018 · €151,902
Debt > 1 year
€61,126▼
2018 · €89,200
Income taxes
€3,843▲
2018 · €127
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,593 | €4,972 | ▼ 11.1% |
| Gross operating margin9900 | €130,169 | €133,557 | ▲ 2.6% |
| Operating profit (loss)9901 | €35,358 | €17,302 | ▼ 51.1% |
| Recurring financial charges65 | €13,186 | €8,269 | ▼ 37.3% |
| Profit (loss) for the period before taxes9903 | €22,172 | €9,033 | ▼ 59.3% |
| Income taxes67/77 | €127 | €3,843 | ▲ 2,937% |
| Profit (loss) for the period9904 | €22,046 | €5,191 | ▼ 76.5% |
| Profit (loss) for the period to be appropriated9905 | €22,046 | €5,191 | ▼ 76.5% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €323,121 | €321,560 | ▼ 0.5% |
| Fixed assets21/28 | €15,947 | €14,201 | ▼ 11.0% |
| Tangible fixed assets22/27 | €15,947 | €14,201 | ▼ 11.0% |
| Current assets29/58 | €307,174 | €307,359 | ▲ 0.1% |
| Stocks and contracts in progress3 | €67,721 | €103,327 | ▲ 52.6% |
| Amounts receivable within one year40/41 | €237,867 | €202,932 | ▼ 14.7% |
| Cash at bank and in hand54/58 | - | €1,100 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €323,121 | €321,560 | ▼ 0.5% |
| Equity10/15 | €82,019 | €87,210 | ▲ 6.3% |
| Contributions10/11 | €18,600 | €18,600 | = |
| Reserves13 | €22,008 | €68,610 | ▲ 212% |
| Profit (loss) carried forward14 | €41,411 | €19,366 | ▼ 53.2% |
| Amounts payable17/49 | €241,102 | €234,350 | ▼ 2.8% |
| Amounts payable after more than one year17 | €89,200 | €61,126 | ▼ 31.5% |
| Amounts payable within one year42/48 | €151,902 | €173,223 | ▲ 14.0% |
| Trade debts44 | €102,351 | €118,892 | ▲ 16.2% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €22,046 | €5,191 | ▼ 76.5% |
| + Depreciation and write-downs630 | €5,593 | €4,972 | ▼ 11.1% |
| Operating cash flow (approximation) | €27,638 | €10,162 | ▼ 63.2% |
| Investment in fixed assets (approximation) | - | -€3,225 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
25-05
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise de Liège, division Liège · event 16-05-2023
2022
13-07
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 27-06-2022
2020
28-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
06-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 6 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2016
26-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
04-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
26-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
23-05
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
05-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
14-07
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
SignalNBB filing
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | SOPHIE SEINLET RUE DU LONG THIER 2, 4500 HUY- |
27-06-2022 → 16-05-2023 |