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SOFOGEST

Active Public limited companyfounded 1994active for 32 yearsK.M.-Hendrikalaan 1A, 1190 ForestKBO/BCE: BE 0453.595.160
SOFOGEST
Financial year 2025
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Annual accounts 2025

micro format, filed on 04-02-2026, 4 days late
Gross margin
€117,834
▲ 272%
Operating result
€73,228
▲ €114,720
Profit
€58,549
▲ €101,722
Working capital
€580,484
▲ 228%
Solvency
52.8%
▲ 0.7 percentage points
Current ratio
4.15
▲ 1.58

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €220,000. Estimated: probably between €160,000 and €430,000.

Balance sheet

balance sheet total €1.1m on 30-06-2025
What the company ownsHow it is paid for

Change in equityin euro

Change in cashin euro

Position in the sector

Compare with sector

Solvency52.8%

Higher than 50% of 8,593 companies in 2025.

Current ratio4.15

Higher than 74% of 8,271 companies in 2025.

Return on assets5.4%

Higher than 39% of 8,380 companies in 2025.

SOFOGEST Middle half of the sector 80% of the sector Micro accounts in advertising and market research (NACE 73)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Staff

Staff cost per FTE

Staff costs divided by the average number of full-time equivalents.

Joined and left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201420132012201120102009200820072006
Balance sheet: assets
Total assets20/58 1.1m1.0m1.0m961,8171.1m1.1m1.2m1.1m991,020525,531531,381470,077537,466581,343630,373674,845657,176832,068751,561
Fixed assets21/28 319,924737,810775,416930,912984,465944,509971,4401.1m824,892445,965460,512457,770431,636447,017507,239492,774506,703492,626510,927
Tangible fixed assets22/27 315,297721,559759,996916,619959,825921,392950,5771.1m810,658431,808454,673453,516427,985445,044462,513453,632485,884478,795508,415
Land and buildings22 279,152655,915676,961807,881847,166888,294931,3841.1m769,555419,842435,922452,543427,075442,660458,245433,946449,794465,841482,102
Plant, machinery and equipment23 32,85041,92531,67134,41927,27629,3641,697----------1,1231,512
Furniture and vehicles24 3,29523,71951,36474,31885,3833,73417,49631,88741,10411,96618,7519749112,3844,26719,68636,09011,83024,801
Financial fixed assets28 4,62716,25115,41914,29324,64023,11720,86418,48914,23414,1585,8394,2533,6501,97344,72639,14220,81913,8322,512
Current assets29/58 764,653289,279257,29330,905108,129148,119196,03524,415166,12879,56670,86812,307105,831134,326123,134182,070150,473339,442240,634
Amounts receivable within one year40/41 532,911237,26776,575-37,536106,14812,2893,34519,14518,6453,4981,82612,30211,2276,88255,25517,03896,00078,729
Trade receivables40 259,787228,87074,326-37,536106,1149,2582,92219,1451,8581,0193610,24711,2276,88255,2558,07395,98478,433
Other amounts receivable41 273,1258,3982,249--333,031424-16,7872,4791,7902,055---8,96415296
Current investments50/53 ----3,5803,5803,580------------
Cash at bank and in hand54/58 225,16938,740169,98220,16662,38431,708176,41621,036146,94960,92067,2068,4746,90324,8449,9027,5741,58497,394799
Deferred charges and accrued income490/1 6,57313,27110,73610,7404,6296,6833,7503333-1652,00786,62598,255106,350119,241131,851146,049161,106
Balance sheet: equity and liabilities
Total equity and liabilities10/49 1.1m1.0m1.0m961,8171.1m1.1m1.2m1.1m991,020525,531531,381470,077537,466581,343630,373674,845657,176832,068751,561
Equity10/15 572,676535,210578,384355,090391,195455,909470,994353,017285,417214,732177,889106,403103,231102,686100,77197,452115,247110,061101,337
Contributions10/11 125,000125,000125,000125,000125,000125,000125,000125,000125,000125,000125,000125,000125,000125,000125,000125,000125,000125,000125,000
Capital10 125,000125,000125,000125,000---------------
Issued capital100 125,000125,000125,000125,000125,000125,000125,000125,000125,000125,000125,000125,000125,000125,000125,000125,000125,000125,000125,000
Revaluation surpluses12 -21,08321,08339,95839,95839,95839,95839,95839,95839,95839,95839,95839,95839,95839,958----
Reserves13 585,812532,695541,947297,437307,922319,083330,964242,410120,45949,77412,931602602602602602602602602
Non-distributable reserves130/1 12,50012,50012,50012,50012,500--------------
Legal reserve130 12,50012,50012,50012,50012,50012,50012,50012,50012,5008,3513,574--------
Tax-exempt reserves132 465,354412,236421,488176,978218,463229,624241,506152,95231,000----------
Distributable reserves133 107,959107,959107,959107,95976,95976,95976,95976,95976,95941,4249,356602602602602602602602602
Profit (loss) carried forward14 -138,136-143,567-109,646-107,305-81,684-28,132-24,928-54,351----59,157-62,329-62,874-64,789-28,150-10,355-15,541-24,265
Provisions and deferred taxes16 160,472150,404154,29173,64178,04582,73487,72562,796--42,63530,77023,46323,46336,52136,52136,52141,61135,411
Provisions for liabilities and charges160/5 ----------42,63530,77023,46323,46336,52136,52136,52141,61135,411
Deferred taxes168 160,472150,404154,29173,64178,04582,73487,72562,796-----------
Amounts payable17/49 351,429341,474300,034533,085623,353553,985608,757709,098705,603310,799310,857332,904410,772455,194493,081540,871505,408680,396614,813
Amounts payable after more than one year17 153,680215,598246,039366,016366,016395,666460,075633,815361,46778,962145,024167,494340,376372,964305,522348,223390,310404,040441,879
Financial debts170/4 153,680215,598246,039366,016366,016395,666460,075632,691360,34377,838145,024166,370239,252271,840304,428347,006390,062403,792441,631
Other amounts payable178/9 -------1,1241,1241,124-1,124101,124101,1241,0941,218248248248
Amounts payable within one year42/48 184,169112,29653,883166,961256,797158,319142,80374,286343,193230,894165,820165,41070,39682,230187,559192,548115,098276,087172,728
Current portion of amounts payable after more than one year42 --34,74728784,33370,89898,24517,98657,04235,41841,63735,99832,58832,98842,25942,75742,19937,83839,445
Financial debts43 ----------------31,776-26,575
Credit institutions430/8 ----------------31,776-26,575
Trade debts44 175,96373,81010,69396,07520,13051,19544,13731,077121,433129,47915,071127,48937,80846,945140,087133,08939,757232,74636,520
Suppliers440/4 175,96373,81010,69396,07520,13051,19544,13731,077121,433129,47915,071127,48937,80846,945140,087133,08939,757232,74636,520
Advances received on contracts in progress46 ---7,25245,00435,754-25,223----------70,000
Taxes, remuneration and social security45 8,2061,5298,4433,8551,330386421-64,4085,9962,9131,924-2,2965,2121681,3675,502103
Taxes450/3 8,2061,5298,4433,8551,330386421-64,4085,9964644-2,2964,028168-5,502-
Remuneration and social security454/9 ----------2,8661,879--1,184-1,367-103
Other amounts payable47/48 -36,958-59,493106,00085--100,31160,000106,200----16,534--85
Accrued charges and deferred income492/3 13,58013,580111108539-5,87999794394313----100-269206
Income statement
Non-recurring operating income76A --287----195,900-90-1,526--124----
Gross operating margin9900 117,83431,674400,96646,99218,29163,550217,071270,044329,997156,195145,09660,45636,42132,395-9,75472,48969,19175,53459,588
Remuneration, social security and pensions62 ---------7411,98316,61016,713-7015,0783,91032,28021,7494,7404,719
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 35,08352,78356,89464,96061,46658,38659,75966,79155,92047,04026,23918,01817,62019,07932,49532,25133,63029,62032,232
Provisions for liabilities and charges: additions (uses and reversals)635/8 ----------42,63511,8657,307--13,058---5,0906,2004,658
Other operating charges640/8 9,52420,38414,04914,44816,82816,5466,21963,39460,68713,3199,5857,2508,1247,8647,7207,7219,4489,1408,088
Non-recurring operating charges66A ----194----460---------
Operating profit (loss)9901 73,228-41,492330,023-32,416-60,198-11,382151,092139,858213,465126,48980,79611,16810,7473,432-53,8792379,45425,8349,890
Financial income75/76B 359250101-22377251239972481001961840,618712,63439936
Recurring financial income75 359250101-22377251239972481001961840,618712,63439936
Financial charges65/66B 3,4144,2145,6496,4787,7018,3337,9379,4701,83010,1529,5469,46210,36111,68513,35015,86515,98617,49919,201
Recurring financial charges65 3,4144,2145,6496,4787,7018,3337,9379,4701,83010,1529,5469,46210,36111,68513,35015,86515,98617,49919,201
Profit (loss) for the period before taxes9903 70,173-45,456324,475-38,894-67,877-19,679143,881130,399211,674116,06471,4983,332583-8,235-26,487-15,6226,1018,734-9,275
Transfer from deferred taxes780 39,6823,8874,1374,404---------------
Transfer to deferred taxes680 49,750-84,787----------------
Income taxes67/77 1,5561,6041,6571,6161,525397975340,98920,5361316038-10,15010,1532,17391595
Profit (loss) for the period9904 58,549-43,174242,169-36,105-64,713-15,085109,33767,600170,68495,52771,4863,1725451,915-36,640-17,7955,1868,724-9,280
Transfer from tax-exempt reserves789 96,1339,2529,84910,48511,16111,88112,6487,362-----------
Transfer to tax-exempt reserves689 149,251-254,360---92,563129,31431,000----------
Profit (loss) for the period to be appropriated9905 5,431-33,921-2,342-25,620-53,552-3,20429,423-54,351139,68495,52771,4863,1725451,915-36,640-17,7955,1868,724-9,280
Appropriation of the result
Profit (loss) to be appropriated9906 -138,136-143,567-109,646-107,305-81,684-28,132-24,928-54,351139,68495,52712,329-59,157-62,329-62,874-64,789-28,150-10,355-15,541-24,265
Profit (loss) brought forward from the previous period14P -143,567-109,646-107,305-81,684---------------
Transfer to equity691/2 --------39,68435,52712,329--------
To the legal reserve6920 --------4,1494,7763,574--------
To other reserves6921 --------35,53530,7518,754--------
Profit to be distributed694/7 --------100,00060,000---------
Directors or managers695 --------100,00060,000---------
Social balance sheet
Average staff (FTE)9087 ---------0.20.60.6-0.50.10.80.70.20.2
Hours worked1013 ---------7591,1241,172-8992441,2391,201288280
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 10 older financial years (1995-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 04-02-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 4 days after the deadline. Filed on 4 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00032024.

Financial year Type Filed Reference Document
30-06-2025 micro format 04-02-2026 2026-00032024 PDF
30-06-2024 micro format 30-01-2025 2025-00015978 PDF
30-06-2023 micro format 31-01-2024 2024-00017506 PDF
30-06-2022 micro format 31-01-2023 2023-00011878 PDF
30-06-2021 micro format 29-01-2022 2022-02800356 PDF
30-06-2020 micro format 29-01-2021 2021-02600010 PDF
30-06-2019 micro format 11-12-2019 2019-75600451 PDF
30-06-2018 micro format 03-12-2018 2018-73400591 PDF
30-06-2017 micro format 12-12-2017 2017-71500044 PDF
30-06-2016 abbreviated format 06-12-2016 2016-69200584 PDF
30-09-2014 abbreviated format 31-03-2015 2015-08500490 PDF
30-09-2013 abbreviated format 18-03-2014 2014-06600039 PDF
30-09-2012 abbreviated format 29-03-2013 2013-07500154 PDF
30-09-2011 abbreviated format 03-04-2012 2012-07700540 PDF
30-09-2010 abbreviated format 28-03-2011 2011-06600063 PDF
30-09-2009 abbreviated format 03-04-2010 2010-08300144 PDF
30-09-2008 abbreviated format 05-02-2009 2009-03400175 PDF
30-09-2007 abbreviated format 21-02-2008 2008-04900193 PDF
30-09-2006 abbreviated format 27-04-2007 2007-12600296 PDF
30-09-2005 abbreviated format 10-03-2006 2006-06803322 PDF
30-09-2004 abbreviated format 14-03-2005 2005-07504311 PDF
31-12-2002 abbreviated format 11-08-2003 2003-61101720 PDF
31-12-2001 abbreviated format 19-09-2002 2002-57202590 PDF
31-12-2000 abbreviated format 25-09-2001 2001-58401643 PDF
31-12-1999 abbreviated format 12-07-2000 2000-40400124 PDF
31-12-1998 abbreviated format 10-11-1999 1999-58200192 PDF
31-12-1997 abbreviated format 17-06-1998 1998-18601516 PDF
31-12-1996 abbreviated format 03-10-1997 1997-47202288 PDF
31-12-1995 abbreviated format 29-04-1997 1997-06502118 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201420132012201120102009200820072006
EBITDA 108,31111,290386,91732,5441,26947,003210,852206,649269,385173,529107,03529,18628,36722,511-21,38432,48843,08455,45442,123
Cash flow 93,6329,609299,06328,855-3,24743,300169,097134,392226,604142,56797,72521,19018,16520,994-4,14414,45738,81638,34522,952
Investment in fixed assets 22,14422,3991,12724,006101,42331,45416,739406,494438,80432,49328,98245,1492,2382,7287,00118,32347,70711,320934
Change in cash 186,429-131,242149,816-42,21830,676-144,708155,379-125,91386,029-58,7321,572-17,94114,9412,3285,990-95,81096,595-
Working capital 580,484176,982203,409-136,056-148,669-10,20053,233-49,871-177,066-151,328-94,952-153,10235,43552,096-64,425-10,47835,37563,35567,906
Solvency 52.8%52.1%56.0%36.9%35.8%41.7%40.3%31.4%28.8%40.9%33.5%22.6%19.2%17.7%16.0%14.4%17.5%13.2%13.5%
Current ratio 4.152.584.770.190.420.941.370.330.480.340.430.071.501.630.660.951.311.231.39
Debt to equity 0.610.640.521.501.591.221.292.012.471.451.753.133.984.434.895.554.396.186.07
ROE 10.2%-8.1%41.9%-10.2%-16.5%-3.3%23.2%19.1%59.8%44.5%40.2%3.0%0.5%1.9%-36.4%-18.3%4.5%7.9%-9.2%
ROA 5.4%-4.2%23.4%-3.8%-5.9%-1.4%9.4%6.0%17.2%18.2%13.5%0.7%0.1%0.3%-5.8%-2.6%0.8%1.0%-1.2%
Interest coverage 31.722.6868.495.02---------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item30-06-202530-06-202430-06-202330-06-2022
Tangible fixed assets€22,144€21,568-€21,753
Financial fixed assets-€832€1,127€2,253
Depreciation and write-downs of the year€35,083€52,783€56,894€64,960

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on SOFOGEST

The operating result for 2025 is a profit of €73,228, after a loss of €41,492 in 2024.

Debt's share of the balance-sheet total falls from 33.2% to 32.4%. Equity and debt are higher.

Next steps

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