SOFIREN
ActiveSummary
SOFIREN has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€21,321) and a net result of -€12,649. Equity is shrinking by ~57% per year across the filed fiscal years. Its solvency ranks better than 8% of 31840 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability9▼-55
Solvency11▼-9
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.5 against 0.55 in 2024; short-term debt: 112.5% and cash: 6.6% of total assets), and equity is negative.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-13.5%
Return on assets
-8%
Age of the figures
15 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€21,321
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
on the day
2022
16 d early
2021
on the day
2020
1 d late
2019
52 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close26-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€12,649▼ 83.8%
2024 · -€6,881
Working capital
-€88,821▼ 13.5%
2024 · -€78,264
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
Line20212022202320242025
Operating result-€5,598▲ 88.6%-€13,110▼ 134%-€5,305▲ 59.5%-€6,807▼ 28.3%-€12,631▼ 85.6%
Net result-€9,920▲ 80.0%-€13,405▼ 35.1%-€5,506▲ 58.9%-€6,881▼ 25.0%-€12,649▼ 83.8%
Equity€17,120▼ 36.7%€3,715▼ 78.3%-€1,791-€8,672▼ 384%-€21,321▼ 146%
Total assets€181,066▼ 6.6%€175,759▼ 2.9%€170,324▼ 3.1%€163,927▼ 3.8%€157,806▼ 3.7%
Debt€163,946▼ 1.7%€172,044▲ 4.9%€172,114=€172,599▲ 0.3%€179,127▲ 3.8%
Working capital-€83,526▲ 1.1%-€87,961▼ 5.3%-€82,425▲ 6.3%-€78,264▲ 5.0%-€88,821▼ 13.5%
Staff (FTE)1=1=1=1=
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12,631 in 2025 against €6,807 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €157,806
Fixed assets
€69,051 ▼ 0.8%
Current assets
€88,756 ▼ 5.9%
Key figures and ratios
EBITDA
-€1,014▼
2024 · €4,235
Cash flow
-€1,032▼
2024 · €4,161
Solvency
-13.5%▼
2024 · -5.3%
Current ratio
0.50▼
2024 · 0.55
Debt to equity
-8.40▲
2024 · -19.90
ROA
-8.0%▼
2024 · -4.2%
Interest coverage
-21.80▼
2024 · 841.96
Debt ≤ 1 year
€177,577▲
2024 · €172,599
Income taxes
€72▲
2024 · €71
Staff costs
€2,040▲
2024 · €1,978
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 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €7,678 | €2,291 | €1,978 | €2,040 | ▲ 3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,842 | €10,970 | €11,042 | €11,042 | €11,617 | ▲ 5.2% |
| Other operating charges640/8 | - | €3,853 | €1,710 | €231 | €239 | ▲ 3.3% |
| Gross operating margin9900 | €11,221 | €9,391 | €9,738 | €6,444 | €1,265 | ▼ 80.4% |
| Operating profit (loss)9901 | -€5,598 | -€13,110 | -€5,305 | -€6,807 | -€12,631 | ▼ 85.6% |
| Financial income75/76B | - | - | - | €2 | €101 | ▲ 4,783% |
| Recurring financial income75 | €15 | - | - | €2 | €101 | ▲ 4,783% |
| Financial charges65/66B | - | €147 | €44 | €5 | €47 | ▲ 824% |
| Recurring financial charges65 | €143 | €147 | €44 | €5 | €47 | ▲ 824% |
| Profit (loss) for the period before taxes9903 | -€5,727 | -€13,257 | -€5,349 | -€6,810 | -€12,577 | ▼ 84.7% |
| Income taxes67/77 | €4,194 | €148 | €157 | €71 | €72 | ▲ 1.6% |
| Profit (loss) for the period9904 | -€9,920 | -€13,405 | -€5,506 | -€6,881 | -€12,649 | ▼ 83.8% |
| Profit (loss) for the period to be appropriated9905 | -€9,920 | -€13,405 | -€5,506 | -€6,881 | -€12,649 | ▼ 83.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €181,066 | €175,759 | €170,324 | €163,927 | €157,806 | ▼ 3.7% |
| Fixed assets21/28 | €100,647 | €91,676 | €80,634 | €69,592 | €69,051 | ▼ 0.8% |
| Tangible fixed assets22/27 | €100,225 | €91,255 | €80,213 | €69,171 | €68,629 | ▼ 0.8% |
| Land and buildings22 | - | €91,255 | €80,213 | €69,171 | €68,629 | ▼ 0.8% |
| Financial fixed assets28 | €421 | €421 | €421 | €421 | €421 | = |
| Current assets29/58 | €80,420 | €84,083 | €89,690 | €94,335 | €88,756 | ▼ 5.9% |
| Amounts receivable within one year40/41 | €77,202 | €77,564 | €76,370 | €75,737 | €75,737 | = |
| Trade receivables40 | - | €75,737 | €75,737 | €75,737 | €75,737 | = |
| Other amounts receivable41 | - | €1,827 | €633 | - | - | - |
| Current investments50/53 | €2,568 | €2,568 | €2,568 | €2,568 | €2,568 | = |
| Cash at bank and in hand54/58 | €650 | €3,951 | €10,751 | €16,030 | €10,450 | ▼ 34.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €181,066 | €175,759 | €170,324 | €163,927 | €157,806 | ▼ 3.7% |
| Equity10/15 | €17,120 | €3,715 | -€1,791 | -€8,672 | -€21,321 | ▼ 146% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €15,052 | €15,052 | €15,052 | €15,052 | €15,052 | = |
| Non-distributable reserves130/1 | - | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Legal reserve130 | - | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Distributable reserves133 | - | €8,902 | €8,902 | €8,902 | €8,902 | = |
| Profit (loss) carried forward14 | -€59,432 | -€72,837 | -€78,343 | -€85,224 | -€97,873 | ▼ 14.8% |
| Amounts payable17/49 | €163,946 | €172,044 | €172,114 | €172,599 | €179,127 | ▲ 3.8% |
| Amounts payable within one year42/48 | €163,946 | €172,044 | €172,114 | €172,599 | €177,577 | ▲ 2.9% |
| Trade debts44 | €2,842 | €1,571 | €1,290 | €1,860 | €1,432 | ▼ 23.0% |
| Suppliers440/4 | - | €1,571 | €1,290 | €1,860 | €1,432 | ▼ 23.0% |
| Taxes, remuneration and social security45 | - | €90,912 | €90,978 | €90,893 | €90,864 | = |
| Taxes450/3 | - | €148 | €157 | €71 | €42 | ▼ 41.0% |
| Remuneration and social security454/9 | - | €90,764 | €90,822 | €90,822 | €90,822 | = |
| Other amounts payable47/48 | - | €79,561 | €79,846 | €79,846 | €85,281 | ▲ 6.8% |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,550 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,920 | -€13,405 | -€5,506 | -€6,881 | -€12,649 | ▼ 83.8% |
| + Depreciation and write-downs630 | €10,842 | €10,970 | €11,042 | €11,042 | €11,617 | ▲ 5.2% |
| Operating cash flow (approximation) | €922 | -€2,435 | €5,536 | €4,161 | -€1,032 | ▼ 125% |
| Investment in fixed assets (approximation) | - | -€2,000 | €0 | €0 | -€11,076 | - |
| Change in cash | - | €3,301 | €6,801 | €5,278 | -€5,579 | ▼ 206% |
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
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 1 day late
2020
30-06
Financial
Weakest financial yearnet -€49,511
Net result drops to -€49,511, the lowest in the series; recovery starts the following year.
2019
10-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
27-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
07-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
18-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Braine-l'Alleud · 1 establishment unit since 1994
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 Vallée Bailly 1191420 Braine-l'Alleud1 establishment unit
SOFIREN
since 19942.052.369.451
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,587. 12,941 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded14-12-1990
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.