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SOFITHUIN

Open bankruptcy
Private limited company (pre-2019)founded 2012Rue 't Serstevens(THN) 40, 6530 Thuin, BelgiumKBO/BCE: BE 0501.715.573

A bankruptcy procedure is open for SOFITHUIN according to publications in the Belgian Official Gazette; trustee: Alain Fiasse.

Summary

The 2022 annual accounts show equity of €40,863 and a net result of -€7,447.

SOFITHUINOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Hainaut, Charleroi division
Declared bankrupt
17 February 2025
Supervising judge
Jean-Pol Scieur
Official Gazette
21-02-2025 (pdf) ↗search the document for 2025/107524

Deadlines

Provisional date payments stopped
17 February 2025A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 8 March 2025Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol until
passed on 19 March 2025art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 16 April 2025Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 17 February 2026A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustee

  • Alain FiasseRue Tumelaire, 23/31, 6000 Char- Leroiavocat-fiasse@skynet.be

What to do now

  1. Stop delivering on credit unless the trustee agrees.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the trustee's reports appear there.

These deadlines come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Activity not known
Size
€118,850total assets 2022
Equity
€40,863
Loss
-€7,447
Turnover not published (micro format)
Financial health
Open bankruptcy: no score
Structure
0 of 3 deeds read
Signalsraises riskOpen bankruptcyAdministrative warnings in the KBO publicationsShow the evidence

Signals

Two signals.
raises risk
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Strikeout withdrawn
  1. OpeningEnterprise Court of Hainaut, Charleroi…
  2. Strikeout withdrawnevent 29-02-2024
  3. Annual accounts filedfinancial year 2022 · micro…

Financials · financial year 2022, micro format

Equity
€40,863▼ 15.4%
2021 · €48,310
Total assets
€118,850▼ 5.7%
2021 · €126,031
Net result
-€7,447
2021 · €3,455
Working capital
€26,628▼ 22.6%
2021 · €34,424
Trend over the years

2018 to 2022, 5 financial years 2018 to 2022, 5 financial years

The operating result falls in 2022; 2022 is 28% below 2021.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€27,750 2022 Net result-€7,447 2022

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022
Operating result€37,810-€21,058▼ 44.3%€4,808▼ 77.2%€38,684▲ 705%€27,750▼ 28.3%
Net result€18,590-€10,528▼ 43.4%-€6,675€3,455-€7,447
Equity€41,002-€51,530▲ 25.7%€44,855▼ 13.0%€48,310▲ 7.7%€40,863▼ 15.4%
Total assets€128,223-€130,394▲ 1.7%€120,279▼ 7.8%€126,031▲ 4.8%€118,850▼ 5.7%
Debt€87,221-€78,864▼ 9.6%€75,424▼ 4.4%€77,721▲ 3.0%€77,987▲ 0.3%
Working capital€39,707-€51,670▲ 30.1%€46,327▼ 10.3%€34,424▼ 25.7%€26,628▼ 22.6%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €118,850
Fixed assets €22,941 ▼ 18.9%
Current assets €95,909 ▼ 1.9%
Equity and liabilities €118,850
Equity €40,863 ▼ 15.4%
Debt €77,987 ▲ 0.3%
Debt's share of the balance-sheet total rises from 61.7% to 65.6%. Equity is lower and debt is higher.
Key figures and ratios
2022 value · change against 2021
EBITDA
€33,110▼
2021 · €38,816
Cash flow
-€2,087▼
2021 · €3,587
Current ratio
1.38▼
2021 · 1.54
Debt to equity
1.91▲
2021 · 1.61
ROE
-18.2%▼
2021 · 7.2%
ROA
-6.3%▼
2021 · 2.7%
Interest coverage
75.94▲
2021 · 17.44
Debt ≤ 1 year
€69,281▲
2021 · €63,306
Debt > 1 year
€8,706▼
2021 · €14,415
Income taxes
€34,761▲
2021 · €33,003
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 39 lines
Balance sheet Code20212022
Assets
Total assets20/58€126,031€118,850▼
Fixed assets21/28€28,301€22,941▼
Tangible fixed assets22/27€26,668€21,308▼
Furniture and vehicles24€26,668€21,308▼
Financial fixed assets28€1,633€1,633=
Current assets29/58€97,730€95,909▼
Amounts receivable within one year40/41€85,338€81,591▼
Trade receivables40€78,000€78,000=
Other amounts receivable41€7,338€3,591▼
Cash at bank and in hand54/58€12,392€14,318▲
Equity and liabilities
Total equity and liabilities10/49€126,031€118,850▼
Equity10/15€48,310€40,863▼
Contributions10/11€6,200€6,200=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€40,250€32,803▼
Amounts payable17/49€77,721€77,987▲
Amounts payable after more than one year17€14,415€8,706▼
Financial debts170/4€14,415€8,706▼
Amounts payable within one year42/48€63,306€69,281▲
Current portion of amounts payable after more than one year42€6,000€5,708▼
Trade debts44€4,220€3,195▼
Suppliers440/4€4,220€3,195▼
Taxes, remuneration and social security45€33,738€41,030▲
Taxes450/3€33,738€41,030▲
Other amounts payable47/48€19,348€19,348=
Income statement Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€132€5,360▲
Other operating charges640/8€985€868▼
Gross operating margin9900€39,801€33,978▼
Operating profit (loss)9901€38,684€27,750▼
Financial charges65/66B€2,226€436▼
Recurring financial charges65€2,226€436▼
Profit (loss) for the period before taxes9903€36,458€27,314▼
Income taxes67/77€33,003€34,761▲
Profit (loss) for the period9904€3,455-€7,447▼
Profit (loss) for the period to be appropriated9905€3,455-€7,447▼
Appropriation of the result
Profit (loss) to be appropriated9906€40,250€32,803▼
Profit (loss) brought forward from the previous period14P€36,795€40,250▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Remuneration, social security and pensions62-€2,441€4,361----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,572€7,839€7,838€132€5,360▲ 3,961%
Other operating charges640/8€1,010€315€750€985€868▼ 11.9%
Non-recurring operating charges66A€1,698-----
Gross operating margin9900€42,649€33,573€13,396€39,801€33,978▼ 14.6%
Operating profit (loss)9901€37,810€21,058€4,808€38,684€27,750▼ 28.3%
Financial charges65/66B€8,325€5,272€4,979€2,226€436▼ 80.4%
Recurring financial charges65€8,325€5,272€4,979€2,226€436▼ 80.4%
Profit (loss) for the period before taxes9903€29,485€15,786-€171€36,458€27,314▼ 25.1%
Income taxes67/77€10,895€5,258€6,504€33,003€34,761▲ 5.3%
Profit (loss) for the period9904€18,590€10,528-€6,675€3,455-€7,447▼ 316%
Profit (loss) for the period to be appropriated9905€18,590€10,528-€6,675€3,455-€7,447▼ 316%
Line20182019202020212022Change
Assets
Total assets20/58€128,223€130,394€120,279€126,031€118,850▼ 5.7%
Fixed assets21/28€34,620€26,781€18,943€28,301€22,941▼ 18.9%
Tangible fixed assets22/27€34,620€26,781€18,943€26,668€21,308▼ 20.1%
Furniture and vehicles24€34,620€26,781€18,943€26,668€21,308▼ 20.1%
Financial fixed assets28---€1,633€1,633=
Current assets29/58€93,603€103,613€101,336€97,730€95,909▼ 1.9%
Amounts receivable within one year40/41€89,354€103,613€95,364€85,338€81,591▼ 4.4%
Trade receivables40€56,132€78,000€73,000€78,000€78,000=
Other amounts receivable41€33,222€25,613€22,364€7,338€3,591▼ 51.1%
Cash at bank and in hand54/58€3,548-€5,852€12,392€14,318▲ 15.5%
Deferred charges and accrued income490/1€701-€120---
Equity and liabilities
Total equity and liabilities10/49€128,223€130,394€120,279€126,031€118,850▼ 5.7%
Equity10/15€41,002€51,530€44,855€48,310€40,863▼ 15.4%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Capital10€6,200€6,200----
Issued capital100€18,600€18,600----
Uncalled capital101€12,400€12,400----
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€1,860=
Legal reserve130€1,860€1,860----
Reserves not available under the articles1311--€1,860€1,860€1,860=
Profit (loss) carried forward14€32,942€43,470€36,795€40,250€32,803▼ 18.5%
Amounts payable17/49€87,221€78,864€75,424€77,721€77,987▲ 0.3%
Amounts payable after more than one year17€33,325€26,921€20,415€14,415€8,706▼ 39.6%
Financial debts170/4€33,325€26,921€20,415€14,415€8,706▼ 39.6%
Amounts payable within one year42/48€53,896€51,943€55,009€63,306€69,281▲ 9.4%
Current portion of amounts payable after more than one year42€4,741€6,404€6,506€6,000€5,708▼ 4.9%
Trade debts44€26,350€23,554€23,828€4,220€3,195▼ 24.3%
Suppliers440/4€26,350€23,554€23,828€4,220€3,195▼ 24.3%
Taxes, remuneration and social security45€8,457€7,637€10,327€33,738€41,030▲ 21.6%
Taxes450/3€5,115€5,234€7,924€33,738€41,030▲ 21.6%
Remuneration and social security454/9€3,342€2,403€2,403---
Other amounts payable47/48€14,348€14,348€14,348€19,348€19,348=
Line20182019202020212022Change
Profit (loss) for the period9904€18,590€10,528-€6,675€3,455-€7,447▼ 316%
+ Depreciation and write-downs630€4,572€7,839€7,838€132€5,360▲ 3,961%
Operating cash flow (approximation)€23,162€18,367€1,163€3,587-€2,087▼ 158%
Investment in fixed assets (approximation)-€0€0-€9,490€0▲ 100%
Change in cash---€6,540€1,926▼ 70.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Public contracts: not fully processed yet. The notices from October 2019 to September 2026 are still being read.

Directors

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the directors and other office holders in the KBO →

Insolvency mandates

1 mandate
Role Name Tenure
Trustee ALAIN FIASSE
Rue Tumelaire, 23/31, 6000 Char- Leroi
17-02-2025 → present

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 3 December 2012, SOFITHUIN was incorporated.1 Total assets went from €128,223 in 2018 to €118,850 in 2022.2 The company was declared bankrupt on 17 February 2025.3

  1. 1KBO (Crossroads Bank for Enterprises)
  2. 2National Bank, annual accounts 2018 and 2022
  3. 3Belgian Official Gazette, 21-02-2025

Acts, filings and financial milestones

2025
21-02
Bankruptcy Opening
Enterprise Court of Hainaut, Charleroi division · judgment of 17-02-2025
2024
28-06
KBO administration Strikeout withdrawn
event 29-02-2024
29-02
NBB filing Annual accounts filed
financial year 2022 · micro format · 213 days late
29-02
NBB filing Annual accounts filed
financial year 2021 · micro format · 578 days late
29-02
NBB filing Annual accounts filed
financial year 2020 · micro format · 943 days late
29-02
NBB filing Annual accounts filed
financial year 2019 · micro format · 1308 days late
29-02
NBB filing Annual accounts filed
financial year 2018 · micro format · 1674 days late
29-02
NBB filing Annual accounts filed
financial year 2017 · micro format · 2039 days late
06-02
Bankruptcy Judicial dissolution and immediate closure
Enterprise Court of Hainaut, Charleroi division · liquidator: Auwaert Eric - Liquiateur Designe · judgment of 29-01-2024
2022
31-12
Financial Weakest financial yearnet -€7,447
Net result drops to -€7,447, the lowest in the series.
2021
31-12
Financial Back to profitnet €3,455
Net result €3,455 after one loss-making year.
2017
31-08
NBB filing Annual accounts filed
financial year 2016 · micro format · 31 days late
Show earlier events
2016
14-12
NBB filing Annual accounts filed
financial year 2015 · full format · 136 days late
11-03
NBB filing Annual accounts filed
financial year 2014 · full format · 224 days late
2015
14-02
NBB filing Annual accounts filed
financial year 2013 · full format · 198 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 3 deeds read
About the unread acts

We know of 3 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded03-12-2012
Financial year end31-12
E-invoicing
Left the Peppol register

Left the register on 3 October 2026.

Register as of 10 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Thuin
exact location from the address register On OpenStreetMap
Ground area
114 m²
Building footprint
84 m²
Building volume
868 m³
Parcel 56078E0049/00G004, Wallonia · tallest building 11.6 m. Linked by address, not a title deed.
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
56078E0049/00G004 Wallonia 114 m² 1 · 84 m² 11.6 m · 3
How the parcels are linked
Good to know
The parcel matches the address exactly.