SOFOBEL

Active

Public limited companyfounded 201411 yrs activeLouizalaan 367, 1050 Elsene, BelgiumKBO/BCE: BE 0507.749.666

Summary

The computed 12-month bankruptcy probability of SOFOBEL is 1.6% (moderate). The 2024 annual accounts show equity of €17.9m and a net result of -€19,613. Equity remains stable across the filed fiscal years (±0.1% per year). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysis Watch Report Compare

SOFOBELActiveChecked score 62/100

Risk analysis Report Compare

Checked score

Score 2024

62 / 100

Healthy

Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability37▼-7

Solvency100=

Growth52▼-26

Track record100

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1,100,000 at 30 days acceptable

Liquidity ample (current ratio 20.41; short-term debt: 0% and cash: 0.3% of total assets), and 0% of the assets are financed with debt.

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Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

100%

Return on assets

-0.1%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

24 d early

2023

40 d early

2022

32 d early

2021

31 d early

2020

43 d early

2019

51 d early

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 6 accounts on average 37 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

On 24 December 2014, SOFOBEL was incorporated.¹ Total assets went from EUR 18 million in 2018 to EUR 18 million in 2024.²

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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

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Financials · fiscal year 2024, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

-€19,613

2023 · €493,051

Working capital

€44,973▼ 92.0%

2023 · €564,586

Trend over the years

Chart Table

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before

favourable unfavourable

Line20202021202220232024

Operating result-€13,671▼ 48.1%-€6,041▲ 55.8%-€6,311▼ 4.5%-€6,908▼ 9.5%-€9,949▼ 44.0%

Net result€1.0m-€8,704-€6,352▲ 27.0%€493,051-€19,613

Equity€18.0m▲ 0.3%€17.9m=€17.9m=€18.4m▲ 2.7%€17.9m▼ 2.8%

Total assets€18.0m▲ 0.3%€17.9m=€17.9m=€18.4m▲ 2.7%€17.9m▼ 2.8%

Debt€1,978▲ 78.2%€1,779▼ 10.0%€2,801▲ 57.4%€1,113▼ 60.3%€2,318▲ 108%

Working capital€86,591▲ 220%€77,888▼ 10.1%€71,535▼ 8.2%€564,586▲ 689%€44,973▼ 92.0%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €9,949 in 2024 against €6,908 in 2023; the loss grows.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €17.9m

99.7%

Fixed assets €17.9m =

Current assets €47,290 ▼ 91.6%

Equity and liabilities €17.9m

100.0%

Equity €17.9m ▼ 2.8%

Debt €2,318 ▲ 108%

Debt's share of the balance-sheet total stays at 0.0%.

Key figures and ratios

2024 value · change against 2023

Current ratio

20.41

Debt to equity

0.00▲

2023 · 0.00

ROE

-0.1%▼

2023 · 2.7%

ROA

-0.1%▼

2023 · 2.7%

Debt ≤ 1 year

€2,318▲

2023 · €1,113

Income taxes

€13,425

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2024 against 2023 · 32 lines

Balance sheet Code20232024

Assets

Total assets20/58€18.4m€17.9m▼

Fixed assets21/28€17.9m€17.9m=

Financial fixed assets28€17.9m€17.9m=

Current assets29/58€565,699€47,290▼

Current investments50/53€550,000-

Cash at bank and in hand54/58€15,699€47,290▲

Equity and liabilities

Total equity and liabilities10/49€18.4m€17.9m▼

Equity10/15€18.4m€17.9m▼

Contributions10/11€16.8m€16.3m▼

Capital10€16.8m€16.3m▼

Issued capital100€16.8m€16.3m▼

Reserves13€9,750€9,750=

Non-distributable reserves130/1€9,750€9,750=

Legal reserve130€9,750€9,750=

Profit (loss) carried forward14€1.6m€1.6m▼

Amounts payable17/49€1,113€2,318▲

Amounts payable within one year42/48€1,113€2,318▲

Trade debts44€1,113€2,318▲

Suppliers440/4€1,113€2,318▲

Income statement Code20232024

Other operating charges640/8€960€968▲

Gross operating margin9900-€5,948-€8,981▼

Operating profit (loss)9901-€6,908-€9,949▼

Financial income75/76B€500,000€3,789▼

Recurring financial income75€500,000€3,789▼

Financial charges65/66B€42€29▼

Recurring financial charges65€42€29▼

Profit (loss) for the period before taxes9903€493,051-€6,188▼

Income taxes67/77-€13,425

Profit (loss) for the period9904€493,051-€19,613▼

Profit (loss) for the period to be appropriated9905€493,051-€19,613▼

Appropriation of the result

Profit (loss) to be appropriated9906€1.6m€1.6m▼

Profit (loss) brought forward from the previous period14P€1.2m€1.6m▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2020	2021	2022	2023	2024	Change
Other operating charges640/8	-	€868	€868	€960	€968	▲ 0.8%
Gross operating margin9900	-€9,793	-€5,173	-€5,443	-€5,948	-€8,981	▼ 51.0%
Operating profit (loss)9901	-€13,671	-€6,041	-€6,311	-€6,908	-€9,949	▼ 44.0%
Financial income75/76B	-	-	-	€500,000	€3,789	▼ 99.2%
Recurring financial income75	€1.0m	-	-	€500,000	€3,789	▼ 99.2%
Financial charges65/66B	-	€82	€42	€42	€29	▼ 31.3%
Recurring financial charges65	€57	€82	€42	€42	€29	▼ 31.3%
Profit (loss) for the period before taxes9903	€1.0m	-€6,123	-€6,352	€493,051	-€6,188	▼ 101%
Income taxes67/77	-	€2,581	-	-	€13,425	-
Profit (loss) for the period9904	€1.0m	-€8,704	-€6,352	€493,051	-€19,613	▼ 104%
Profit (loss) for the period to be appropriated9905	€1.0m	-€8,704	-€6,352	€493,051	-€19,613	▼ 104%

Line	2020	2021	2022	2023	2024	Change
Assets
Total assets20/58	€18.0m	€17.9m	€17.9m	€18.4m	€17.9m	▼ 2.8%
Fixed assets21/28	€17.9m	€17.9m	€17.9m	€17.9m	€17.9m	=
Financial fixed assets28	€17.9m	€17.9m	€17.9m	€17.9m	€17.9m	=
Current assets29/58	€88,569	€79,667	€74,336	€565,699	€47,290	▼ 91.6%
Amounts receivable within one year40/41	€2,581	-	-	-	-	-
Current investments50/53	-	-	-	€550,000	-	-
Cash at bank and in hand54/58	€85,988	€79,667	€74,336	€15,699	€47,290	▲ 201%
Equity and liabilities
Total equity and liabilities10/49	€18.0m	€17.9m	€17.9m	€18.4m	€17.9m	▼ 2.8%
Equity10/15	€18.0m	€17.9m	€17.9m	€18.4m	€17.9m	▼ 2.8%
Contributions10/11	€16.8m	€16.8m	€16.8m	€16.8m	€16.3m	▼ 3.0%
Capital10	-	€16.8m	€16.8m	€16.8m	€16.3m	▼ 3.0%
Issued capital100	-	€16.8m	€16.8m	€16.8m	€16.3m	▼ 3.0%
Reserves13	€9,750	€9,750	€9,750	€9,750	€9,750	=
Non-distributable reserves130/1	-	€9,750	€9,750	€9,750	€9,750	=
Legal reserve130	-	€9,750	€9,750	€9,750	€9,750	=
Profit (loss) carried forward14	€1.2m	€1.2m	€1.2m	€1.6m	€1.6m	▼ 1.2%
Amounts payable17/49	€1,978	€1,779	€2,801	€1,113	€2,318	▲ 108%
Amounts payable within one year42/48	€1,978	€1,779	€2,801	€1,113	€2,318	▲ 108%
Trade debts44	€1,978	€1,779	€1,021	€1,113	€2,318	▲ 108%
Suppliers440/4	-	€1,779	€1,021	€1,113	€2,318	▲ 108%
Other amounts payable47/48	-	-	€1,779	-	-	-

Line	2020	2021	2022	2023	2024	Change
Profit (loss) for the period9904	€1.0m	-€8,704	-€6,352	€493,051	-€19,613	▼ 104%
Operating cash flow (approximation)	€1.0m	-€8,704	-€6,352	€493,051	-€19,613	▼ 104%
Investment in fixed assets (approximation)	-	€0	€0	€0	€0	-
Change in cash	-	-€6,321	-€5,331	-€58,637	€31,591	▲ 154%

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

Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

2025

07-07

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

31-12

Financial Weakest financial yearnet -€19,613

Net result drops to -€19,613, the lowest in the series.

21-06

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

31-12

Financial Back to profitnet €493,051

Net result €493,051 after 2 loss-making years.

31-12

Financial Liquidity times 19current ratio 508.26

Current ratio from 26.54 to 508.26; short-term debt falls from €2,801 to €1,113.

29-06

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

30-06

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

18-06

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

31-12

Financial Back to profitnet €1.0m

Net result €1.0m after 2 loss-making years.

10-06

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

25-06

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

21-06

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

30-05

NBB filing Annual accounts filed

fiscal year 2016 · micro schema

2016

13-05

NBB filing Annual accounts filed

fiscal year 2015 · full 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, Elsene · 1 establishment unit since 2014

seat establishment The establishment unit on the map

Ground area

266 m²

Building footprint

265 m²

Volume, LiDAR

3,746 m³

Parcel 21807G0211/00W012, Brussels · tallest building 34.0 m, ±5 floors. Linked by address, not a title deed.

493 companies at this address See who is registered here

1 establishment unit

SOFOBEL

Louizalaan 367, 1050 ElseneHoldings

since 20142.249.904.112

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21807G0211/00W012	Brussels	266 m²	1 · 265 m²	34.0 m · 5 fl.

Linked by address, not proof of ownership

Good to know

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

2 owners · 1 holding

Owners 2

FONCIERE DE LA HULPE

Sourceaccounts FONCIERE DE LA HULPE 2025

15%
WININVEST

Sourceaccounts WININVEST 2025

10.24%

Holdings 1

SOCOGEFIsubsidiary

Sourceown accounts 2024 accounts SOCOGEFI 30-09-2025
Equity €39.0mResult €15.5m

100%

According to the 2024 annual accounts of SOFOBEL and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification

Legal formPublic limited company

Founded24-12-2014

Fiscal year end31-12

E-invoicing

Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

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