SOFIYAN
ActiveSOFIYAN has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €438k and a net result of €5k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 95% of 6537 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability29▼-1
Solvency100=
Growth50▼-4
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 8.24 against 5.68 in 2023; short-term debt: 12.1% and cash: 83.3% of total assets), and 12.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
87.9%
Return on assets
1.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-10-2025, 88 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
88 d late
2023
55 d late
2022
51 d late
2021
89 d late
2020
139 d late
2019
266 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€3.85M▼ 11.1%
2023 · €4.33M
2018: €3.13M
2019: €4.31M
2020: €3.70M
2021: €4.80M
2022: €4.77M
2023: €4.33M
2018 → 2024
EBIT margin
0.7%=
2023 · 0.7%
2018: 3.1%
2019: 4.4%
2020: 0.6%
2021: 0.2%
2022: 0.7%
2023: 0.7%
2018 → 2024
Net result
€5k▼ 33.2%
2023 · €8k
2018: €95k
2019: €188k
2020: €14k
2021: €5k
2022: €10k
2023: €8k
2018 → 2024
Working capital
€436k▲ 1.4%
2023 · €430k
2018: €208k
2019: €396k
2020: €410k
2021: €410k
2022: €421k
2023: €430k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€3.70M-€4.80M▲ 29.9%€4.77M▼ 0.7%€4.33M▼ 9.2%€3.85M▼ 11.1%
Equity€410k-€414k▲ 1.1%€424k▲ 2.4%€432k▲ 1.9%€438k▲ 1.2%
Operating result€21k-€10k▼ 55.4%€35k▲ 266%€28k▼ 18.9%€26k▼ 8.2%
Net result€14k-€5k▼ 67.5%€10k▲ 120%€8k▼ 18.3%€5k▼ 33.2%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 8% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €498k
Fixed assets
€2k▼ 33.3%
Current assets
€496k▼ 4.9%
Equity and liabilities €498k
Equity
€438k▲ 1.2%
Debt
€60k▼ 34.5%
The debt ratio falls from 17.5% to 12.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€27k▼
2023 · €29k
Cash flow
€6k▼
2023 · €9k
Solvency
87.9%▲
2023 · 82.5%
Current ratio
8.24▲
2023 · 5.68
Quick ratio
7.03▲
2023 · 4.11
Debt / equity
0.14▼
2023 · 0.21
ROE
1.2%▼
2023 · 1.9%
ROA
1.1%▼
2023 · 1.5%
Interest coverage
1.39▼
2023 · 1.59
Debt
€60k▼
2023 · €92k
Debt ≤ 1 year
€60k▼
2023 · €92k
Income taxes
€1k▼
2023 · €2k
Staff costs
€93k▲
2023 · €72k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€524k€498k▼
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€2k▼
Furniture and vehicles24€2k€2k▼
Current assets29/58€522k€496k▼
Stocks and contracts in progress3€144k€73k▼
Stocks30/36€144k€73k▼
Amounts receivable within one year40/41€9k€8k▼
Other amounts receivable41€9k€8k▼
Cash at bank and in hand54/58€368k€415k▲
Equity and liabilities
Total equity and liabilities10/49€524k€498k▼
Equity10/15€432k€438k▲
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€4k€4k=
Non-distributable reserves130/1€4k€4k=
Legal reserve130€4k€4k=
Profit (loss) carried forward14€422k€427k▲
Amounts payable17/49€92k€60k▼
Amounts payable within one year42/48€92k€60k▼
Trade debts44€31k€22k▼
Suppliers440/4€31k€22k▼
Taxes, remuneration and social security45€59k€37k▼
Taxes450/3€9k€11k▲
Remuneration and social security454/9€50k€26k▼
Other amounts payable47/48€2k€875▼
Income statement
Code20232024
Turnover70€4.33M€3.85M▼
Goods, raw materials, services and sundry goods60/61€4.23M€3.73M▼
Remuneration, social security and pensions62€72k€93k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€800€800=
Other operating charges640/8€1k€1k▼
Gross operating margin9900€103k€121k▲
Operating profit (loss)9901€28k€26k▼
Financial charges65/66B€18k€19k▲
Recurring financial charges65€18k€19k▲
Profit (loss) for the period before taxes9903€10k€7k▼
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€8k€5k▼
Profit (loss) for the period to be appropriated9905€8k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€422k€427k▲
Profit (loss) brought forward from the previous period14P€414k€422k▲
Transfer to equity691/2€499-
To the legal reserve6920€499-
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 88 days late
2024
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 55 days late
2023
20-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 51 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 15.60
Current ratio from 6.90 to 15.60; short-term debt falls from €70k to €29k.
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 89 days late
2021
31-12
Financial
Weakest financial yearnet €5k ▼67.5%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 6.90
Current ratio from 3.33 to 6.90; short-term debt falls from €176k to €70k.
17-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 139 days late
23-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 266 days late
2020
25-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 238 days late
2019
31-12
Financial
Highest result since 2018net €188k ▲98.7%
Operating result €189k, net result €188k, both a record.
31-12
Financial
Liquidity times 6current ratio 15.87
Current ratio from 2.66 to 15.87; short-term debt falls from €125k to €27k.
26-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 238 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Mouscron · 2 establishment units since 2016
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.
Schermutselingstraat 2A7700 MouscronGround area
1.3 ha
Building footprint
3,902 m²
Volume, LiDAR
731 m³
2 parcels, Wallonia · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
SOFIYAN
since 20162.258.023.408
SOFIYAN
since 20162.258.023.507
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54435G0678/00A002indicative | Wallonia | 1.3 ha | 1 · 3,822 m² | - |
| 54435G0718/00K000 | Wallonia | 100 m² | 1 · 80 m² | 10.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesMouscron/Moeskroen2.258.023.408
Mouscron/Moeskroen2.258.023.507
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STAVOMA
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Of 418 companies in sector 47260 we hold annual accounts for 264. 169 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-10-2016
Fiscal year end31-12
Activities, NACEBEL
47260Retail trade
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47110Non-specialised retail sale with food, beverages or tobacco predominating
47113Retail trade
61200Telecommunications resale and intermediation services
61900Telecommunications
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.