Sofko
ActiveSofko has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €107k and a net result of €839. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 84% of 27172 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
94
/ 100
Excellent▲ +42 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability4▲+4
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 5.12 against 3.47 in 2024), and 20.7% 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 43
Relative position
BE, all sectors
reference
Sector 43
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 2025Solvency, return and age of the figures
Solvency
79.3%
Return on assets
0.6%
Age of the figures
11 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-04-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
6 d early
2023
32 d early
2022
2 d late
2021
2 d late
2020
on the day
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
10-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€107k▲ 0.8%
2024 · €107k
2018: €54k
2019: €54k
2020: €55k
2021: €43k
2022: €88k
2023: €114k
2024: €107k
2018 → 2025
Total assets
€136k▼ 6.2%
2024 · €145k
2018: €97k
2019: €107k
2020: €107k
2021: €114k
2022: €133k
2023: €129k
2024: €145k
2018 → 2025
Net result
€839
2024 · €-8k
2018: €19k
2019: €19k
2020: €15k
2021: €-15k
2022: €45k
2023: €26k
2024: €-8k
2018 → 2025
Working capital
€71k▲ 23.5%
2024 · €58k
2018: €34k
2019: €41k
2020: €41k
2021: €28k
2022: €83k
2023: €105k
2024: €58k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€43k-€88k▲ 106%€114k▲ 30.1%€107k▼ 6.8%€107k▲ 0.8%
Operating result€-14k-€55k€34k▼ 38.0%€-7k€2k
Net result€-15k-€45k€26k▼ 41.4%€-8k€839
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €2k after a loss of €7k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €136k
Fixed assets
€47k▼ 26.0%
Current assets
€89k▲ 9.2%
Equity and liabilities €136k
Equity
€107k▲ 0.8%
Debt
€28k▼ 26.0%
The debt ratio falls from 26.2% to 20.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€15k▲
2024 · €-31
Cash flow
€15k▲
2024 · €-368
Solvency
79.3%▲
2024 · 73.8%
Current ratio
5.12▲
2024 · 3.47
Quick ratio
5.02▲
2024 · 3.38
Debt / equity
0.26▼
2024 · 0.36
ROE
0.8%▲
2024 · -7.3%
ROA
0.6%▲
2024 · -5.4%
Interest coverage
18.46▲
2024 · -0.06
Debt
€28k▼
2024 · €38k
Debt ≤ 1 year
€17k▼
2024 · €23k
Debt > 1 year
€9k▼
2024 · €14k
Staff costs
€1k▼
2024 · €7k
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€145k€136k▼
Fixed assets21/28€63k€47k▼
Tangible fixed assets22/27€63k€47k▼
Plant, machinery and equipment23€23k€19k▼
Furniture and vehicles24€40k€28k▼
Financial fixed assets28€280€280=
Current assets29/58€81k€89k▲
Stocks and contracts in progress3€2k€2k▼
Stocks30/36€2k€2k▼
Amounts receivable within one year40/41€23k€48k▲
Trade receivables40€10k€37k▲
Other amounts receivable41€13k€12k▼
Cash at bank and in hand54/58€53k€36k▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€145k€136k▼
Equity10/15€107k€107k▲
Contributions10/11€9k€9k=
Reserves13€97k€98k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€96k€96k▲
Amounts payable17/49€38k€28k▼
Amounts payable after more than one year17€14k€9k▼
Financial debts170/4€14k€9k▼
Amounts payable within one year42/48€23k€17k▼
Current portion of amounts payable after more than one year42€5k€5k▲
Trade debts44€11k€11k▲
Suppliers440/4€11k€11k▲
Advances received on contracts in progress46€225-
Taxes, remuneration and social security45€8k€1k▼
Taxes450/3€2k€1k▼
Remuneration and social security454/9€6k-
Accrued charges and deferred income492/3€387€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€7k€1k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€14k▲
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A€139-
Gross operating margin9900€8k€18k▲
Operating profit (loss)9901€-7k€2k▲
Financial income75/76B€190€88▼
Recurring financial income75€190€88▼
Financial charges65/66B€528€836▲
Recurring financial charges65€528€836▲
Profit (loss) for the period before taxes9903€-8k€839▲
Profit (loss) for the period9904€-8k€839▲
Profit (loss) for the period to be appropriated9905€-8k€839▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€839▲
Transfer from equity791/2€8k-
Transfer to equity691/2-€839
To other reserves6921-€839
The notes to these accounts (10 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
20-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €839
Net result €839 after one loss-making year.
24-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Liquidity triplescurrent ratio 8.25
Current ratio from 2.84 to 8.25; short-term debt falls from €45k to €14k.
30-09
Financial
Equity above €100kEq €114k ▲30.1%
2 profitable years in a row build equity to €114k.
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
30-09
Financial
Back to profitnet €45k
Net result €45k after one loss-making year.
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
30-09
Financial
Weakest financial yearnet €-15k ▼197%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
10-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 10 days late
2018
30-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Bredene · 1 establishment unit since 2014
Ground area
357 m²
Building footprint
93 m²
Parcel 35302C0612/00D000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
Akkerstraat 16, 8450 Bredene
since 20142.239.399.804
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35302C0612/00D000 | Flanders | 357 m² | 1 · 93 m² | 0.1 m |
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.
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Schauwvliege
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Of 6,986 companies in sector 43221 we hold annual accounts for 3,442. 3,038 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-11-2014
Fiscal year end30-09
Activities, NACEBEL
43221Plumbing work
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43291Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.