SOFITTO
InactiveSOFITTO was declared bankrupt on 23-01-2025 (Ondernemingsrechtbank Leuven); the bankruptcy was closed for insufficient assets by judgment of 15-01-2026, published in the Belgian State Gazette on 20-01-2026.
No longer registered with the KBO; last annual accounts for fiscal year 2023.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filingsPosition against the passed deadline
30-09-2024 close30-04-2025 deadline21-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 30-04-2024, 0 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
on the day
2022
23 d late
2021
54 d early
2020
44 d early
2019
63 d early
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€-611k▼ 5.0%
2022 · €-582k
2018: €-71k
2019: €-470k
2020: €-512k
2021: €-557k
2022: €-582k
2018 → 2023
Total assets
€57k▼ 15.8%
2022 · €67k
2018: €83k
2019: €109k
2020: €122k
2021: €85k
2022: €67k
2018 → 2023
Net result
€-29k▼ 15.3%
2022 · €-25k
2018: €-233k
2019: €-400k
2020: €-42k
2021: €-45k
2022: €-25k
2018 → 2023
Working capital
€-192k▼ 5.6%
2022 · €-182k
2018: €-24k
2019: €-184k
2020: €-148k
2021: €-172k
2022: €-182k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€-470k-€-512k▼ 8.9%€-557k▼ 8.7%€-582k▼ 4.5%€-611k▼ 5.0%
Operating result€-393k-€-35k▲ 91.1%€-37k▼ 5.8%€-17k▲ 52.8%€-21k▼ 20.5%
Net result€-400k-€-42k▲ 89.6%€-45k▼ 7.2%€-25k▲ 43.7%€-29k▼ 15.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €21k in 2023 against €17k in 2022; the loss grows.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €57k
Fixed assets
€22k▼ 29.4%
Current assets
€35k▼ 4.5%
Key figures and ratios
EBITDA
€-12k▼
2022 · €-8k
Cash flow
€-20k▼
2022 · €-16k
Current ratio
0.15▼
2022 · 0.17
Quick ratio
0.02▼
2022 · 0.03
Debt / equity
-1.09▲
2022 · -1.12
ROA
-51.3%▼
2022 · -37.4%
Interest coverage
-1.50▼
2022 · -1.08
Debt
€668k▲
2022 · €649k
Debt ≤ 1 year
€227k▲
2022 · €218k
Debt > 1 year
€437k▲
2022 · €429k
Staff costs
€-130▼
2022 · €0
A ratio outside any meaningful range has been withheld (balance sheet total €57k, equity €-611k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€67k€57k▼
Fixed assets21/28€31k€22k▼
Intangible fixed assets21€31k€22k▼
Tangible fixed assets22/27€0-
Plant, machinery and equipment23€0-
Furniture and vehicles24€0-
Current assets29/58€37k€35k▼
Stocks and contracts in progress3€31k€31k▼
Stocks30/36€31k€31k▼
Amounts receivable within one year40/41€439€578▲
Trade receivables40€0-
Other amounts receivable41€439€578▲
Cash at bank and in hand54/58€5k€4k▼
Deferred charges and accrued income490/1€363€107▼
Equity and liabilities
Total equity and liabilities10/49€67k€57k▼
Equity10/15€-582k€-611k▼
Contributions10/11€162k€162k=
Capital10€76k€76k=
Issued capital100€76k€76k=
Outside capital11€86k€86k=
Share premium1100/10€86k€86k=
Profit (loss) carried forward14€-744k€-773k▼
Amounts payable17/49€649k€668k▲
Amounts payable after more than one year17€429k€437k▲
Financial debts170/4€429k€437k▲
Amounts payable within one year42/48€218k€227k▲
Trade debts44€153k€154k▲
Suppliers440/4€153k€154k▲
Taxes, remuneration and social security45€13k€13k▼
Taxes450/3€23€0▼
Remuneration and social security454/9€13k€13k=
Other amounts payable47/48€53k€59k▲
Accrued charges and deferred income492/3€1k€4k▲
Income statement
Code20222023
Remuneration, social security and pensions62€0€-130▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€0€348▲
Gross operating margin9900€-8k€-12k▼
Operating profit (loss)9901€-17k€-21k▼
Financial income75/76B€0€13▲
Recurring financial income75€0€13▲
Financial charges65/66B€8k€8k▲
Recurring financial charges65€8k€8k▲
Profit (loss) for the period before taxes9903€-25k€-29k▼
Profit (loss) for the period9904€-25k€-29k▼
Profit (loss) for the period to be appropriated9905€-25k€-29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-744k€-773k▼
Profit (loss) brought forward from the previous period14P€-719k€-744k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
20-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Leuven · SOFITTO NV LODREEF 17, 3010 KESSEL-LO · event 15-01-2026
2025
29-01
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · SOFITTO NV LODREEF 17, 3010 KESSEL-LO · event 23-01-2025
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
07-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €-400k
Net result drops to €-400k, the lowest in the series.
25-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | STEVEN VERBEKE OLV Broedersstraat 3, 3300 TIENEN- |
23-01-2025 → present |