SOFIPLAST CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of SOFIPLAST CONSTRUCT is 2.2% (moderate). The 2024 annual accounts show equity of €207,982 and a net result of €26,426. Equity is growing by ~29.1% per year across the filed fiscal years. Its solvency ranks better than 42% of 9976 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability74▼-5
Solvency59▼-2
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.32 against 1.79 in 2023; short-term debt: 43% and cash: 30.4% of total assets), and 65.5% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
65 d late
2022
70 d late
2021
52 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 70 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€207,982▲ 14.6%
2023 · €181,556
Total assets
€603,062▲ 20.6%
2023 · €499,955
Net result
€26,426▼ 38.3%
2023 · €42,853
Working capital
€82,397▼ 58.3%
2023 · €197,586
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
Line2021202220232024
Operating result€40,958-€105,121▲ 157%€57,836▼ 45.0%€42,455▼ 26.6%
Net result€32,162-€81,541▲ 154%€42,853▼ 47.4%€26,426▼ 38.3%
Equity€57,162-€138,702▲ 143%€181,556▲ 30.9%€207,982▲ 14.6%
Total assets€223,343-€557,337▲ 150%€499,955▼ 10.3%€603,062▲ 20.6%
Debt€166,182-€418,634▲ 152%€318,399▼ 23.9%€395,080▲ 24.1%
Working capital€81,830-€186,636▲ 128%€197,586▲ 5.9%€82,397▼ 58.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 27% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €603,062
Fixed assets
€261,354 ▲ 401%
Current assets
€341,707 ▼ 23.7%
Equity and liabilities €603,062
Equity
€207,982 ▲ 14.6%
Debt
€395,080 ▲ 24.1%
Debt's share of the balance-sheet total rises from 63.7% to 65.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€54,960▼
2023 · €70,974
Cash flow
€38,930▼
2023 · €55,991
Current ratio
1.32▼
2023 · 1.79
Quick ratio
0.95▼
2023 · 1.54
Debt to equity
1.90▲
2023 · 1.75
ROE
12.7%▼
2023 · 23.6%
ROA
4.4%▼
2023 · 8.6%
Interest coverage
11.86▼
2023 · 16.10
Debt ≤ 1 year
€259,311▲
2023 · €250,166
Income taxes
€12,757▲
2023 · €11,784
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €4,682 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,118 | €9,402 | €13,137 | €12,504 | ▼ 4.8% |
| Other operating charges640/8 | €960 | €2,300 | €1,063 | €9,085 | ▲ 755% |
| Non-recurring operating charges66A | - | - | €818 | - | - |
| Gross operating margin9900 | €44,036 | €116,822 | €72,854 | €64,045 | ▼ 12.1% |
| Operating profit (loss)9901 | €40,958 | €105,121 | €57,836 | €42,455 | ▼ 26.6% |
| Financial income75/76B | €33 | €453 | €1,210 | €1,361 | ▲ 12.5% |
| Recurring financial income75 | €33 | €453 | €1,210 | €1,361 | ▲ 12.5% |
| Financial charges65/66B | €128 | €1,816 | €4,409 | €4,634 | ▲ 5.1% |
| Recurring financial charges65 | €128 | €1,816 | €4,409 | €4,634 | ▲ 5.1% |
| Profit (loss) for the period before taxes9903 | €40,864 | €103,758 | €54,638 | €39,183 | ▼ 28.3% |
| Income taxes67/77 | €8,702 | €22,218 | €11,784 | €12,757 | ▲ 8.3% |
| Profit (loss) for the period9904 | €32,162 | €81,541 | €42,853 | €26,426 | ▼ 38.3% |
| Profit (loss) for the period to be appropriated9905 | €32,162 | €81,541 | €42,853 | €26,426 | ▼ 38.3% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €223,343 | €557,337 | €499,955 | €603,062 | ▲ 20.6% |
| Fixed assets21/28 | €8,243 | €47,458 | €52,204 | €261,354 | ▲ 401% |
| Tangible fixed assets22/27 | €8,243 | €47,458 | €52,204 | €261,354 | ▲ 401% |
| Plant, machinery and equipment23 | €817 | €1,415 | €4,114 | €2,937 | ▼ 28.6% |
| Furniture and vehicles24 | €6,794 | €45,540 | €47,716 | €36,780 | ▼ 22.9% |
| Other tangible fixed assets26 | €632 | €503 | €374 | €277 | ▼ 25.8% |
| Assets under construction and advance payments27 | - | - | - | €221,360 | - |
| Current assets29/58 | €215,100 | €509,879 | €447,752 | €341,707 | ▼ 23.7% |
| Stocks and contracts in progress3 | €29,344 | €81,677 | €63,642 | €96,307 | ▲ 51.3% |
| Stocks30/36 | €29,344 | €81,677 | €63,642 | €96,307 | ▲ 51.3% |
| Amounts receivable within one year40/41 | €20,392 | €42,889 | €59,188 | €62,048 | ▲ 4.8% |
| Trade receivables40 | €15,048 | €42,889 | €34,188 | €59,006 | ▲ 72.6% |
| Other amounts receivable41 | €5,344 | - | €25,000 | €3,042 | ▼ 87.8% |
| Cash at bank and in hand54/58 | €164,810 | €371,082 | €322,907 | €183,260 | ▼ 43.2% |
| Deferred charges and accrued income490/1 | €555 | €14,231 | €2,015 | €93 | ▼ 95.4% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €223,343 | €557,337 | €499,955 | €603,062 | ▲ 20.6% |
| Equity10/15 | €57,162 | €138,702 | €181,556 | €207,982 | ▲ 14.6% |
| Contributions10/11 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Profit (loss) carried forward14 | €32,162 | €113,702 | €156,556 | €182,982 | ▲ 16.9% |
| Amounts payable17/49 | €166,182 | €418,634 | €318,399 | €395,080 | ▲ 24.1% |
| Amounts payable within one year42/48 | €133,271 | €323,243 | €250,166 | €259,311 | ▲ 3.7% |
| Trade debts44 | €102,726 | €236,666 | €169,288 | €200,675 | ▲ 18.5% |
| Suppliers440/4 | €102,726 | €236,666 | €169,288 | €200,675 | ▲ 18.5% |
| Advances received on contracts in progress46 | - | - | €25,000 | €33,000 | ▲ 32.0% |
| Taxes, remuneration and social security45 | €13,469 | €34,170 | €41,732 | €24,075 | ▼ 42.3% |
| Taxes450/3 | €8,938 | €34,049 | €36,858 | €16,231 | ▼ 56.0% |
| Remuneration and social security454/9 | €4,531 | €121 | €4,874 | €7,845 | ▲ 60.9% |
| Other amounts payable47/48 | €17,076 | €52,407 | €14,146 | €1,560 | ▼ 89.0% |
| Accrued charges and deferred income492/3 | €32,911 | €95,392 | €68,234 | €135,769 | ▲ 99.0% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32,162 | €81,541 | €42,853 | €26,426 | ▼ 38.3% |
| + Depreciation and write-downs630 | €2,118 | €9,402 | €13,137 | €12,504 | ▼ 4.8% |
| Operating cash flow (approximation) | €34,279 | €90,942 | €55,991 | €38,930 | ▼ 30.5% |
| Investment in fixed assets (approximation) | - | -€48,617 | -€17,883 | -€221,655 | ▼ 1,139% |
| Change in cash | - | €206,272 | -€48,175 | -€139,647 | ▼ 190% |
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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
31-12
Financial
Weakest financial yearnet €26,426 ▼38.3%
Net result drops to €26,426, the lowest in the series.
31-12
Financial
Equity above €200,000Eq €207,982 ▲14.6%
4 profitable years in a row build equity to €207,982.
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
31-12
Financial
Equity above €150,000Eq €181,556 ▲30.9%
3 profitable years in a row build equity to €181,556.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
31-12
Financial
Highest result since 2021net €81,541 ▲154%
Operating result €105,121, net result €81,541, both a record.
31-12
Financial
Equity above €100,000Eq €138,702 ▲143%
2 profitable years in a row build equity to €138,702.
21-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 52 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
2 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, Zaventem · 1 establishment unit since 2021
Ground area
348 m²
Building footprint
342 m²
Volume, LiDAR
1,548 m³
Parcel 23094A0028/00F002, Flanders · tallest building 10.0 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SOFIPLAST CONSTRUCT
since 20212.322.222.362
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094A0028/00F002 | Flanders | 348 m² | 1 · 342 m² | 10.0 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,037. 11,994 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43110Demolition
43120Site preparation
43221Plumbing work
43230Insulation installation
43240Other construction installation
43310Plastering work
43320Joinery installation
43350Other building finishing work
Scores and ratios are computed by Checked and are not a credit decision.