SOFISTEF
ActiveSummary
SOFISTEF has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €306,262 and a net result of -€5,073. Equity remains stable across the filed fiscal years (±0.5% per year). The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · fiscal year 2025, abbreviated schema
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result turns negative in 2025: a loss of €4,736 after €541 in 2024, the lowest result in the available series.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 12,322 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,322 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,929 | €14,799 | €14,321 | €21,116 | €22,034 | €17,347 | €18,748 | €20,332 | ▲ 8.4% |
| Other operating charges640/8 | - | - | - | €11,462 | €10,812 | €11,748 | €12,173 | €12,553 | ▲ 3.1% |
| Gross operating margin9900 | €28,273 | €22,765 | €27,240 | €31,001 | €29,756 | €32,455 | €31,462 | €28,149 | ▼ 10.5% |
| Operating profit (loss)9901 | €6,866 | -€2,687 | €616 | -€1,577 | -€3,090 | €3,360 | €541 | -€4,736 | ▼ 975% |
| Financial income75/76B | - | - | - | - | €1 | - | €68 | €51 | ▼ 24.7% |
| Recurring financial income75 | - | €1 | €1 | - | €1 | - | €68 | €51 | ▼ 24.7% |
| Financial charges65/66B | - | - | - | €935 | €698 | €434 | €193 | €389 | ▲ 102% |
| Recurring financial charges65 | €46 | €474 | €1,105 | €935 | €698 | €434 | €193 | €389 | ▲ 102% |
| Profit (loss) for the period before taxes9903 | €6,820 | -€3,160 | -€488 | -€2,512 | -€3,787 | €2,926 | €416 | -€5,073 | ▼ 1,319% |
| Income taxes67/77 | - | - | - | - | - | - | €0 | - | - |
| Profit (loss) for the period9904 | €6,820 | -€3,160 | -€488 | -€2,512 | -€3,787 | €2,926 | €416 | -€5,073 | ▼ 1,319% |
| Profit (loss) for the period to be appropriated9905 | €6,820 | -€3,160 | -€488 | -€2,512 | -€3,787 | €2,926 | €416 | -€5,073 | ▼ 1,319% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €320,643 | €352,143 | €373,066 | €360,884 | €333,241 | €324,329 | €316,167 | €315,481 | ▼ 0.2% |
| Fixed assets21/28 | €214,390 | €238,272 | €260,985 | €262,608 | €251,337 | €256,072 | €254,550 | €234,218 | ▼ 8.0% |
| Tangible fixed assets22/27 | €214,390 | €238,272 | €260,985 | €262,608 | €251,337 | €256,072 | €254,550 | €234,218 | ▼ 8.0% |
| Land and buildings22 | - | - | - | €179,113 | €173,525 | €173,525 | €173,525 | €173,525 | = |
| Plant, machinery and equipment23 | - | - | - | €83,495 | €77,812 | €82,547 | €81,024 | €60,692 | ▼ 25.1% |
| Current assets29/58 | €106,253 | €113,871 | €112,081 | €98,276 | €81,904 | €68,257 | €61,617 | €81,263 | ▲ 31.9% |
| Amounts receivable within one year40/41 | €64,456 | €64,406 | €64,406 | €64,406 | €66,131 | €49,467 | €49,487 | €50,129 | ▲ 1.3% |
| Trade receivables40 | - | - | - | - | €62 | - | - | - | - |
| Other amounts receivable41 | - | - | - | €64,406 | €66,069 | €49,467 | €49,487 | €50,129 | ▲ 1.3% |
| Cash at bank and in hand54/58 | €41,382 | €49,023 | €47,219 | €33,391 | €15,256 | €18,209 | €11,573 | €30,439 | ▲ 163% |
| Deferred charges and accrued income490/1 | - | - | - | €479 | €517 | €581 | €557 | €695 | ▲ 24.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €320,643 | €352,143 | €373,066 | €360,884 | €333,241 | €324,329 | €316,167 | €315,481 | ▼ 0.2% |
| Equity10/15 | €317,940 | €314,780 | €314,292 | €311,780 | €307,993 | €310,919 | €311,335 | €306,262 | ▼ 1.6% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Revaluation surpluses12 | - | - | - | €92,464 | €92,464 | €92,464 | €92,464 | €92,464 | = |
| Reserves13 | €168,200 | €168,200 | €168,200 | €168,200 | €168,200 | €168,200 | €168,200 | €151,797 | ▼ 9.8% |
| Non-distributable reserves130/1 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Distributable reserves133 | - | - | - | €162,000 | €162,000 | €162,000 | €162,000 | €145,597 | ▼ 10.1% |
| Profit (loss) carried forward14 | -€4,724 | -€7,884 | -€8,372 | -€10,884 | -€14,671 | -€11,745 | -€11,329 | - | - |
| Amounts payable17/49 | €2,703 | €37,363 | €58,774 | €49,104 | €25,248 | €13,410 | €4,832 | €9,220 | ▲ 90.8% |
| Amounts payable after more than one year17 | - | €26,635 | €34,676 | €22,283 | €9,644 | - | - | €3,109 | - |
| Financial debts170/4 | - | - | - | €22,283 | €9,644 | - | - | €3,109 | - |
| Amounts payable within one year42/48 | €2,702 | €10,728 | €24,098 | €26,821 | €15,604 | €13,410 | €4,832 | €6,111 | ▲ 26.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €12,393 | €12,639 | €9,644 | - | €4,016 | - |
| Trade debts44 | €197 | €1,531 | €9,947 | €11,966 | €965 | €1,283 | €2,344 | €1,744 | ▼ 25.6% |
| Suppliers440/4 | - | - | - | €11,966 | €965 | €1,283 | €2,344 | €1,744 | ▼ 25.6% |
| Taxes, remuneration and social security45 | - | - | - | €2,462 | €2,000 | €2,483 | €2,487 | €350 | ▼ 85.9% |
| Taxes450/3 | - | - | - | €350 | - | €350 | €350 | €350 | = |
| Remuneration and social security454/9 | - | - | - | €2,112 | €2,000 | €2,133 | €2,137 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,820 | -€3,160 | -€488 | -€2,512 | -€3,787 | €2,926 | €416 | -€5,073 | ▼ 1,319% |
| + Depreciation and write-downs630 | €10,929 | €14,799 | €14,321 | €21,116 | €22,034 | €17,347 | €18,748 | €20,332 | ▲ 8.4% |
| Operating cash flow (approximation) | €17,749 | €11,639 | €13,833 | €18,604 | €18,247 | €20,273 | €19,164 | €15,258 | ▼ 20.4% |
| Investment in fixed assets (approximation) | - | -€38,681 | -€37,034 | -€22,739 | -€10,763 | -€22,082 | -€17,225 | €0 | ▲ 100% |
| Change in cash | - | €7,641 | -€1,804 | -€13,828 | -€18,135 | €2,953 | -€6,636 | €18,866 | ▲ 384% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.