SOFKA BUSINESS
ActiveThe computed 12-month bankruptcy probability of SOFKA BUSINESS is 5.0% (elevated). The 2025 annual accounts show equity of €25k and a net result of €-3k. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 80% of 26048 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▼-5
Solvency80▼-15
Growth52=
Track record94
Bankruptcy probability, 12 months
5.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity tight (current ratio 1.37 against 2.54 in 2024; short-term debt: 45.1% and cash: 41.8% of total assets), and 45.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
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
54.9%
Return on assets
-5.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-09-2026, 47 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 · 3 filingsDeviation from the deadline
2025
47 d late
2024
5 d early
2023
7 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€25k▼ 9.4%
2024 · €27k
2023: €18k
2024: €27k
2023 → 2025
Total assets
€45k▲ 15.3%
2024 · €39k
2023: €44k
2024: €39k
2023 → 2025
Net result
€-3k▼ 383%
2024 · €-533
2023: €3k
2024: €-533
2023 → 2025
Working capital
€8k▼ 58.8%
2024 · €18k
2023: €18k
2024: €18k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€18k-€27k▲ 52.6%€25k▼ 9.4%
Operating result€3k-€161▼ 94.6%€-3k
Net result€3k-€-533€-3k▼ 383%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3k after €161 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €45k
Fixed assets
€17k▲ 88.6%
Current assets
€28k▼ 7.1%
Equity and liabilities €45k
Equity
€25k▼ 9.4%
Debt
€20k▲ 72.2%
The debt ratio rises from 30.2% to 45.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€5k▲
2024 · €1k
Cash flow
€5k▲
2024 · €482
Solvency
54.9%▼
2024 · 69.8%
Current ratio
1.37▼
2024 · 2.54
Quick ratio
1.12▼
2024 · 1.86
Debt / equity
0.82▲
2024 · 0.43
ROE
-10.3%▼
2024 · -1.9%
ROA
-5.7%▼
2024 · -1.4%
Interest coverage
101.62▲
2024 · 23.86
Debt
€20k▲
2024 · €12k
Debt ≤ 1 year
€20k▲
2024 · €12k
Staff costs
€84k▲
2024 · €75k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€39k€45k▲
Fixed assets21/28€9k€17k▲
Tangible fixed assets22/27€9k€17k▲
Plant, machinery and equipment23€9k€7k▼
Furniture and vehicles24-€10k
Financial fixed assets28-€600
Current assets29/58€30k€28k▼
Stocks and contracts in progress3€8k€5k▼
Stocks30/36€8k€5k▼
Amounts receivable within one year40/41€2k€4k▲
Trade receivables40-€1k
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€20k€19k▼
Equity and liabilities
Total equity and liabilities10/49€39k€45k▲
Equity10/15€27k€25k▼
Contributions10/11€25k€25k=
Profit (loss) carried forward14€2k€-117▼
Amounts payable17/49€12k€20k▲
Amounts payable within one year42/48€12k€20k▲
Trade debts44€3k€9k▲
Suppliers440/4€3k€9k▲
Taxes, remuneration and social security45€9k€12k▲
Taxes450/3€6k€1k▼
Remuneration and social security454/9€3k€10k▲
Other amounts payable47/48-€52
Income statement
Code20242025
Remuneration, social security and pensions62€75k€84k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€7k▲
Other operating charges640/8€54€1k▲
Gross operating margin9900€76k€90k▲
Operating profit (loss)9901€161€-3k▼
Financial charges65/66B€49€45▼
Recurring financial charges65€49€45▼
Profit (loss) for the period before taxes9903€112€-3k▼
Income taxes67/77€644-
Profit (loss) for the period9904€-533€-3k▼
Profit (loss) for the period to be appropriated9905€-533€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-117▼
Profit (loss) brought forward from the previous period14P€3k€2k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 47 days late
2025
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series.
26-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Koekelberg · 1 establishment unit since 2023
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.
Jean Jacquetstraat 71A1081 KoekelbergGround area
160 m²
Building footprint
161 m²
Volume, LiDAR
1,956 m³
Parcel 21492B0159/04K004, Brussels · tallest building 15.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SOFKA BUSINESS
since 20232.340.548.335
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21492B0159/04K004 | Brussels | 160 m² | 1 · 161 m² | 15.3 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
1 siteKoekelberg2.340.548.335
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Of 2,406 companies in sector 47241 we hold annual accounts for 1,099. 887 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-01-2023
Fiscal year end31-12
Activities, NACEBEL
10712Artisanal bread and fresh pastry making
47241Retail sale of bread and pastry (bakery outlets)
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.