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SOFONA

Open bankruptcy
Public limited companyfounded 1968Waterloosesteenweg 1135, 1180 Uccle, BelgiumKBO/BCE: BE 0403.338.767
Summary

A bankruptcy procedure is open for SOFONA according to publications in the Belgian Official Gazette. The file additionally contains 1 interim measure. The 2024 annual accounts show equity of €12.6m and a net result of -€238,891.

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SOFONAOpen bankruptcy
Report

Overview

Information for creditors

Open bankruptcy Source: Belgian Official Gazette

Declared bankrupt on 2 July 2026 · trustees Catherine Herinckx and Christophe Bour- Tembourg · claim deadline passed on 1 August 2026

How to file a claim

The procedure

Court
French-language Enterprise Court of Brussels
Supervising judge
Raphael Pieters
Official Gazette
08-07-2026search the document for 2026/131219

Deadlines

Appeal or third-party opposition until
passed on 23 July 2026That is fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 1 August 2026art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 12 August 2026Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
2 July 2027A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law

Trustees

Steps for a creditor

  1. Stop delivering on credit unless the trustee agrees.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Reclaim goods you delivered under retention of title before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices. In a bankruptcy it can be recovered, subject to conditions.
  6. Follow the file in RegSol. The verification report (admitted or disputed) and the trustee's reports appear there.

These deadlines come from the publication of the judgment. Check them in RegSol before you file anything. Once a deadline has passed, it is too late for that step.

If this company owes you money, you are not paid automatically. You file your claim yourself, within the deadline the judgment sets.

Follow Follow this bankruptcy and you are notified the next morning if it is closed or reversed.

This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.

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Overview

Official details

Source: KBO
Status
Open bankruptcy declared bankrupt on 02-07-2026
Registered office
66 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 5 November 2026.
Activity
Renting and operating of own or leased non-residential real estate, excluding land NACE 68203and 1 other
Establishment unit
2.014.207.671 1180 Uccle, since 28-11-1941
Financial year end
31 December
Peppol
Reachable since 11-01-2026
Company details

Board and ownership

Board
Auditor
DELVAUX WILMET ASSOCIES SRL
Shareholders
and 3 other shareholders
Holdings
Shares in 3 companies including Société d'Etudes et de Réalisations de la Galerie Louise and COMPAGNIE BELGE D'INVESTISSEMENT COMMERCIAL
Board & ownership

Financial position

No score
Annual accounts 2024
Turnover
€2.4m
▼ 9.7%
Loss
€238,891
▼ 90.9%
Equity
€12.6m
▼ 1.9%
Total assets
€81.8m
▲ 2.9%
Financials

Financials

Financials · financial year 2024, full format

2024 annual accounts filed 144 days after the deadline Filed on 22 December 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00589790.

Annual accounts 2024 filed on 22-12-2025 PDF all 48 filings

Turnover
€2.4m▼ 9.7%
2023 · €2.6m
EBIT margin
80.7%▼ 8.2pp
2023 · 88.9%
Net result
-€238,891▲ 90.9%
2023 · -€2.6m
Working capital
-€6.7m▼ 12.0%
2023 · -€5.9m
Multi-year overview
2018 to 2024, 7 financial years
Turnover
€2.4m
▼ 9.7% 2024
20182024
Operating result
€1.9m
▼ 18.1% 2024
20182024
Net result
-€238,891
▲ 90.9% 2024
lowest quarter of the sector
20182024
EBIT margin
80.7%
▼ 8.2pp 2024
20182024
Equity
€12.6m
▼ 1.9% 2024
highest quarter of the sector
20182024
Total assets
€81.8m
▲ 2.9% 2024
highest quarter of the sector
20182024
Debt
€68.0m
▲ 3.9% 2024
20182024
Working capital
-€6.7m
▼ 12.0% 2024
lowest quarter of the sector
20182024
Solvency
15.4%
▼ 0.7pp 2024
middle half of the sector
20182024
Current ratio
0.87
▼ 0.01 2024
middle half of the sector
20182024
Return on assets (ROA)
-0.3%
▲ 3.0pp 2024
middle half of the sector
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Turnover€2.8m-€3.1m▲ 10.0%€2.6m▼ 16.3%€2.6m▼ 1.2%€2.7m▲ 6.5%€2.6m▼ 3.2%€2.4m▼ 9.7%
Operating result€2.1m-€2.1m▲ 0.4%€0.3m▼ 85.5%€0.8m▲ 169%€2.6m▲ 211%€2.4m▼ 8.1%€1.9m▼ 18.1%
Net result€1.3m-€1.2m▼ 4.3%-€3.4mbelow the sector's middle half-€4.2mbelow the sector's middle half▼ 24.9%€4.1mabove the sector's middle half-€2.6mbelow the sector's middle half-€0.2mbelow the sector's middle half▲ 90.9%
EBIT margin74.4%-67.9%▼ 6.5pp11.8%▼ 56.1pp32.1%▲ 20.3pp93.7%▲ 61.6pp88.9%▼ 4.8pp80.7%▼ 8.2pp
Equity€17.7m-€19.0m▲ 7.0%€15.6mabove the sector's middle half▼ 17.8%€11.4mabove the sector's middle half▼ 27.0%€15.4mabove the sector's middle half▲ 35.7%€12.8mabove the sector's middle half▼ 17.1%€12.6mabove the sector's middle half▼ 1.9%
Total assets€78.3m-€86.4m▲ 10.3%€83.9mabove the sector's middle half▼ 2.8%€76.8mabove the sector's middle half▼ 8.4%€80.5mabove the sector's middle half▲ 4.7%€79.6mabove the sector's middle half▼ 1.1%€81.8mabove the sector's middle half▲ 2.9%
Debt€59.0m-€65.9m▲ 11.7%€66.9m▲ 1.5%€64.1m▼ 4.2%€63.6m▼ 0.8%€65.4m▲ 2.8%€68.0m▲ 3.9%
Working capital€12.8m-€20.8m▲ 62.3%€20.5mabove the sector's middle half▼ 1.5%€33.7mabove the sector's middle half▲ 64.7%€37.0mabove the sector's middle half▲ 9.8%-€5.9mbelow the sector's middle half-€6.7mbelow the sector's middle half▼ 12.0%
Solvency22.7%-22.0%▼ 0.7pp18.6%within the sector's middle half▼ 3.4pp14.8%within the sector's middle half▼ 3.8pp19.2%within the sector's middle half▲ 4.4pp16.1%within the sector's middle half▼ 3.1pp15.4%within the sector's middle half▼ 0.7pp
Current ratio1.84-2.37▲ 0.532.25within the sector's middle half▼ 0.1220.08above the sector's middle half▲ 17.8316.17above the sector's middle half▼ 3.910.88within the sector's middle half▼ 15.290.87within the sector's middle half▼ 0.01
Return on assets (ROA)1.7%-1.4%▼ 0.2pp-4.0%below the sector's middle half▼ 5.5pp-5.5%below the sector's middle half▼ 1.5pp5.1%within the sector's middle half▲ 10.5pp-3.3%below the sector's middle half▼ 8.4pp-0.3%within the sector's middle half▲ 3.0pp
above within below The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2024 is 18% lower than in 2023 and the lowest since 2021. It is the second fall in a row.

Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €81.8m
Fixed assets €37.1m ▼ 0.8%
Current assets €44.7m ▲ 6.1%
Equity and liabilities €81.8m
Equity €12.6m ▼ 1.9%
Provisions €1.3m ▼ 4.0%
Debt €68.0m ▲ 3.9%
Debt's share of the balance-sheet total rises from 82.2% to 83.1%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€2.4m▼
2023 · €2.8m
Cash flow
€253,137▲
2023 · -€2.2m
Debt to equity
5.41▲
2023 · 5.11
ROE
-1.9%▲
2023 · -20.6%
Interest coverage
0.74▼
2023 · 0.92
Debt ≤ 1 year
€51.4m▲
2023 · €48.1m
Debt > 1 year
€16.3m▼
2023 · €16.6m
Income taxes
€1.5m▲
2023 · €832,992
Customer credit
30 days▼
2023 · 43 days
Supplier credit
1125 days▲
2023 · 618 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Revenue breakdown

as filed

By activity 2024

  • Loyers €2,386,870100.0%

Source: 2024 accounts, page 20, filing 2025-00589790

By geographic market 2020

  • Belgique €2,593,416100.0%

Source: 2020 accounts, page 18, filing 2021-80700046

All years (2009 to 2024)

By activity

By activity2012201320142015201620172018201920202021202220232024
Loyers-----------€2,643,939€2,386,870
LOYERS COMMERCES----------€2,668,661--
LOYERS LOGEMENTS----------€60,022--
LOYERS BUREAUX----------€1,716--
Location Immobilière€953,409€1,522,110€2,006,134€2,195,178€1,664,392€2,681,195€2,817,347€3,098,849€2,593,416€2,562,859---
Total€953,409€1,522,110€2,006,134€2,195,178€1,664,392€2,681,195€2,817,347€3,098,849€2,593,416€2,562,859€2,730,400€2,643,939€2,386,870

By geographic market

By geographic market200920102011201220132014201520162017201820192020
Belgique€859,857€699,735€889,577€953,409€1,522,110€2,006,134€2,195,178€1,664,392€2,681,195€2,817,347€3,098,849€2,593,416

Overdue debts

tax and social security
Item2021202220232024
Overdue tax debts-€77-€376,811

Source: notes to the 2021 to 2024 annual accounts (statement of debts)

Securities and guarantees

on own assets and for others
Item2021202220232024
Debts secured on the company's own assets€63.3m€62.0m--
Mortgages, amount registered€129.2m€26.4m€26.3m€233.2m
Mortgage mandates€17.6m€9.7m€9.7m€83.4m
Carrying value of the mortgaged assets€25.0m€22.2m€21.7m€21.3m

Source: notes to the 2021 to 2024 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item2021202220232024
Tangible fixed assets€62,960€10,902€9,029€136,312
Depreciation and write-downs of the year€563,095€482,740€481,505€492,028

Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)

Auditor

fees

The auditor is Finvision Bedrijfsrevisoren.

Item2021202220232024
Fee for the audit€5,514€5,445€6,081€5,683
Other work by the auditor--€5,500-

Source: notes to the 2021 to 2024 annual accounts (relations with the auditor)

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 78 lines
Balance sheet Code20232024
Assets
Total assets20/58€79.6m€81.8m▲
Fixed assets21/28€37.4m€37.1m▼
Tangible fixed assets22/27€21.7m€21.3m▼
Land and buildings22€21.7m€21.3m▼
Plant, machinery and equipment23€0-
Financial fixed assets28€15.7m€15.8m▲
Affiliated companies280/1€15.7m€15.8m▲
Participating interests280€15.7m€15.8m▲
Current assets29/58€42.2m€44.7m▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€39.7m€42.0m▲
Trade receivables40€0.3m€0.2m▼
Other amounts receivable41€39.4m€41.8m▲
Cash at bank and in hand54/58€0.001m€0.2m▲
Deferred charges and accrued income490/1€2.5m€2.6m▲
Equity and liabilities
Total equity and liabilities10/49€79.6m€81.8m▲
Equity10/15€12.8m€12.6m▼
Contributions10/11€0.3m€0.3m=
Capital10€0.3m€0.3m=
Issued capital100€0.3m€0.3m=
Revaluation surpluses12€8.2m€8.2m=
Reserves13€4.0m€3.9m▼
Non-distributable reserves130/1€0.03m€0.03m=
Legal reserve130€0.03m€0.03m=
Tax-exempt reserves132€4.0m€3.9m▼
Profit (loss) carried forward14€0.3m€0.2m▼
Provisions and deferred taxes16€1.3m€1.3m▼
Deferred taxes168€1.3m€1.3m▼
Amounts payable17/49€65.4m€68.0m▲
Amounts payable after more than one year17€16.6m€16.3m▼
Financial debts170/4€16.4m€16.1m▼
Credit institutions173€16.4m€16.1m▼
Other amounts payable178/9€0.2m€0.2m=
Amounts payable within one year42/48€48.1m€51.4m▲
Current portion of amounts payable after more than one year42€0-
Financial debts43€45.3m€45.2m▼
Credit institutions430/8€45.3m€45.2m▼
Other loans439€0-
Trade debts44€0.4m€0.9m▲
Suppliers440/4€0.4m€0.9m▲
Taxes, remuneration and social security45€1.0m€2.0m▲
Taxes450/3€1.0m€2.0m▲
Other amounts payable47/48€1.3m€3.3m▲
Accrued charges and deferred income492/3€0.7m€0.3m▼
Income statement Code20232024
Operating income70/76A€3.4m€3.0m▼
Turnover70€2.6m€2.4m▼
Other operating income74€0.7m€0.6m▼
Non-recurring operating income76A€0.07m€0.01m▼
Operating charges60/66A€1.0m€1.1m▲
Services and other goods61€0.3m€0.3m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.5m€0.5m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0.1m-€0.006m▲
Other operating charges640/8€0.5m€0.3m▼
Non-recurring operating charges66A€0€120▲
Operating profit (loss)9901€2.4m€1.9m▼
Financial income75/76B€2.0m€2.6m▲
Recurring financial income75€2.0m€2.5m▲
Income from financial fixed assets750€0.002m€0▼
Income from current assets751€2.0m€2.4m▲
Other financial income752/9€0€0.03m▲
Non-recurring financial income76B€0.07m€0.1m▲
Financial charges65/66B€6.2m€3.3m▼
Recurring financial charges65€3.1m€3.3m▲
Debt charges650€3.1m€3.3m▲
Other financial charges652/9€0.002m€0.002m▼
Non-recurring financial charges66B€3.2m€0.07m▼
Profit (loss) for the period before taxes9903-€1.9m€1.2m▲
Transfer from deferred taxes780€0.05m€0.05m=
Transfer to deferred taxes680€0-
Income taxes67/77€0.8m€1.5m▲
Taxes670/3€0.8m€1.5m▲
Tax adjustments and reversals of tax provisions77€0.001m€0▼
Profit (loss) for the period9904-€2.6m-€0.2m▲
Transfer from tax-exempt reserves789€0.2m€0.2m=
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905-€2.5m-€0.08m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.3m€0.2m▼
Profit (loss) brought forward from the previous period14P€2.8m€0.3m▼

The notes to these accounts have 50 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 2024 (PDF), filed on 22-12-2025.

Line2018201920202021202220232024Change
Operating income70/76A---€2.9m€3.4m€3.4m€3.0m▼ 12.2%
Turnover70€2.8m€3.1m€2.6m€2.6m€2.7m€2.6m€2.4m▼ 9.7%
Other operating income74---€0.4m€0.2m€0.7m€0.6m▼ 14.3%
Non-recurring operating income76A----€0.4m€0.07m€0.01m▼ 85.8%
Operating charges60/66A---€2.1m€0.8m€1.0m€1.1m▲ 1.1%
Services and other goods61---€0.3m€0.3m€0.3m€0.3m▲ 9.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.5m€0.5m€0.6m€0.6m€0.5m€0.5m€0.5m▲ 2.2%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€0.3m-€0.2m-€0.1m-€0.006m▲ 95.8%
Other operating charges640/8---€0.2m€0.2m€0.5m€0.3m▼ 36.0%
Non-recurring operating charges66A---€0.8m€0.001m€0€120-
Operating profit (loss)9901€2.1m€2.1m€0.3m€0.8m€2.6m€2.4m€1.9m▼ 18.1%
Financial income75/76B---€0.7m€3.2m€2.0m€2.6m▲ 27.6%
Recurring financial income75€0.5m€0.7m€0.7m€0.7m€0.7m€2.0m€2.5m▲ 26.2%
Income from financial fixed assets750-----€0.002m€0▼ 100%
Income from current assets751---€0.7m€0.7m€2.0m€2.4m▲ 24.7%
Other financial income752/9----€0.007m€0€0.03m-
Non-recurring financial income76B----€2.5m€0.07m€0.1m▲ 63.6%
Financial charges65/66B---€5.6m€1.2m€6.2m€3.3m▼ 46.5%
Recurring financial charges65€1.4m€1.5m€1.4m€1.2m€1.2m€3.1m€3.3m▲ 6.0%
Debt charges650€1.4m€1.5m€1.4m€1.2m€1.2m€3.1m€3.3m▲ 6.0%
Other financial charges652/9----€0.01m€0.002m€0.002m▼ 21.2%
Non-recurring financial charges66B---€4.3m€0€3.2m€0.07m▼ 97.6%
Profit (loss) for the period before taxes9903€1.2m€1.2m-€3.5m-€4.0m€4.5m-€1.9m€1.2m-
Transfer from deferred taxes780---€0.05m€0.05m€0.05m€0.05m=
Transfer to deferred taxes680----€0.1m€0--
Income taxes67/77-€0.05m-€0.2m€0.4m€0.8m€1.5m▲ 76.5%
Taxes670/3---€0.2m€0.6m€0.8m€1.5m▲ 76.3%
Tax adjustments and reversals of tax provisions77----€0.2m€0.001m€0▼ 100%
Profit (loss) for the period9904€1.3m€1.2m-€3.4m-€4.2m€4.1m-€2.6m-€0.2m▲ 90.9%
Transfer from tax-exempt reserves789---€0.2m€0.2m€0.2m€0.2m=
Transfer to tax-exempt reserves689----€0.3m€0--
Profit (loss) for the period to be appropriated9905€1.4m€1.4m-€3.2m-€4.1m€3.9m-€2.5m-€0.08m▲ 96.8%
Line2018201920202021202220232024Change
Assets
Total assets20/58€78.3m€86.4m€83.9m€76.8m€80.5m€79.6m€81.8m▲ 2.9%
Fixed assets21/28€50.3m€50.4m€47.0m€41.3m€41.0m€37.4m€37.1m▼ 0.8%
Tangible fixed assets22/27€26.5m€26.6m€26.3m€25.0m€22.2m€21.7m€21.3m▼ 1.6%
Land and buildings22---€25.0m€22.2m€21.7m€21.3m▼ 1.6%
Plant, machinery and equipment23---€0.003m€209€0--
Financial fixed assets28€23.8m€23.8m€20.7m€16.4m€18.8m€15.7m€15.8m▲ 0.3%
Affiliated companies280/1---€16.4m€18.8m€15.7m€15.8m▲ 0.3%
Participating interests280---€16.4m€18.8m€15.7m€15.8m▲ 0.3%
Current assets29/58€28.0m€36.0m€36.9m€35.5m€39.5m€42.2m€44.7m▲ 6.1%
Stocks and contracts in progress3----€0€0€0-
Amounts receivable within one year40/41€25.9m€34.4m€35.4m€34.9m€39.0m€39.7m€42.0m▲ 6.0%
Trade receivables40---€0.09m€0.2m€0.3m€0.2m▼ 36.8%
Other amounts receivable41---€34.8m€38.9m€39.4m€41.8m▲ 6.3%
Cash at bank and in hand54/58€0.8m€0.5m€0.9m€0.3m€0.004m€0.001m€0.2m▲ 270×
Deferred charges and accrued income490/1---€0.3m€0.4m€2.5m€2.6m▲ 2.3%
Equity and liabilities
Total equity and liabilities10/49€78.3m€86.4m€83.9m€76.8m€80.5m€79.6m€81.8m▲ 2.9%
Equity10/15€17.7m€19.0m€15.6m€11.4m€15.4m€12.8m€12.6m▼ 1.9%
Contributions10/11€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m=
Capital10---€0.3m€0.3m€0.3m€0.3m=
Issued capital100---€0.3m€0.3m€0.3m€0.3m=
Revaluation surpluses12---€8.2m€8.2m€8.2m€8.2m=
Reserves13€4.5m€4.4m€4.2m€4.1m€4.2m€4.0m€3.9m▼ 4.0%
Non-distributable reserves130/1---€0.03m€0.03m€0.03m€0.03m=
Legal reserve130---€0.03m€0.03m€0.03m€0.03m=
Tax-exempt reserves132---€4.0m€4.2m€4.0m€3.9m▼ 4.0%
Profit (loss) carried forward14€4.8m€6.1m€2.9m-€1.2m€2.8m€0.3m€0.2m▼ 27.6%
Provisions and deferred taxes16€1.5m€1.5m€1.4m€1.3m€1.4m€1.3m€1.3m▼ 4.0%
Deferred taxes168---€1.3m€1.4m€1.3m€1.3m▼ 4.0%
Amounts payable17/49€59.0m€65.9m€66.9m€64.1m€63.6m€65.4m€68.0m▲ 3.9%
Amounts payable after more than one year17€43.4m€50.3m€49.9m€62.2m€60.8m€16.6m€16.3m▼ 1.9%
Financial debts170/4---€62.1m€60.7m€16.4m€16.1m▼ 1.9%
Credit institutions173---€62.1m€60.7m€16.4m€16.1m▼ 1.9%
Other amounts payable178/9---€0.06m€0.06m€0.2m€0.2m=
Amounts payable within one year42/48€15.2m€15.2m€16.4m€1.8m€2.4m€48.1m€51.4m▲ 6.8%
Current portion of amounts payable after more than one year42---€1.2m€1.3m€0--
Financial debts43---€0.009m€0.2m€45.3m€45.2m▼ 0.3%
Credit institutions430/8---€0.009m€0€45.3m€45.2m▼ 0.3%
Other loans439----€0.2m€0--
Trade debts44€0.6m€0.9m€0.3m€0.3m€0.4m€0.4m€0.9m▲ 99.3%
Suppliers440/4---€0.3m€0.4m€0.4m€0.9m▲ 99.3%
Taxes, remuneration and social security45---€0.2m€0.5m€1.0m€2.0m▲ 101%
Taxes450/3---€0.2m€0.5m€1.0m€2.0m▲ 101%
Other amounts payable47/48---€0.006m€0.06m€1.3m€3.3m▲ 147%
Accrued charges and deferred income492/3---€0.2m€0.4m€0.7m€0.3m▼ 55.0%
Line2018201920202021202220232024Change
Profit (loss) for the period9904€1.3m€1.2m-€3.4m-€4.2m€4.1m-€2.6m-€0.2m▲ 90.9%
+ Depreciation and write-downs630€0.5m€0.5m€0.6m€0.6m€0.5m€0.5m€0.5m▲ 2.2%
Operating cash flow (approximation)€1.8m€1.8m-€2.8m-€3.7m€4.5m-€2.2m€0.3m-
Investment in fixed assets (approximation)--€0.6m€2.8m€5.1m-€0.1m€3.1m-€0.2m-
Change in cash--€0.3m€0.4m-€0.6m-€0.3m-€0.004m€0.2m-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 48 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2024 full format 22-12-2025 2025-00589790 PDF
31-12-2023 full format 19-12-2025 2025-00589830 PDF
31-12-2022 full format 31-07-2023 2023-00306588 PDF
31-12-2021 full format 13-12-2022 2022-20537590 PDF
31-12-2020 full format 14-12-2021 2021-80700046 PDF
31-12-2019 full format 17-12-2020 2020-76100234 PDF
31-12-2018 full format 29-08-2019 2019-58700511 PDF
31-12-2017 full format 22-08-2018 2018-48500248 PDF
31-12-2016 full format 23-08-2017 2017-47300378 PDF
31-12-2015 full format 26-07-2016 2016-35700483 PDF

Show all 48 filings

Board & ownership

Directors

Directors
1 director, last change in 2022

Board 1

MANAGEMENT GESTION & SERVICES
Sole director · since 14-06-2022 · term without a fixed end · Private limited company · permanent representative: HIBERT Gérald · also on the board of 15 other companies · 21 other companies bankrupt, 1 struck off · listed in the 2024 annual accounts, filed on 22-12-2025
Current
Permanent representatives 1
HIBERT Gérald
Permanent representative · appointed by deed of 24-06-2022 · for MANAGEMENT GESTION & SERVICES
Current

Statutory auditor 2

DELVAUX WILMET ASSOCIES SRL
Statutory auditor · appointed by deed of 03-10-2025 · permanent representative: Francis Wilmet
Current
Finvision Bedrijfsrevisoren
Statutory auditor · since 27-06-2025 · listed in the 2024 annual accounts, filed on 22-12-2025
Current
Office holders in the KBO →

Insolvency mandates

3 mandates
Role Name Tenure
Trustee Catherine Herinckx
Avenue Du Congo 1, 1050 Ixelles
 02-07-2026 → present
Trustee Christophe Bour- tembourg
Avenue Louise 283/19, 1050 Ixelles
 02-07-2026 → present
Interim administrator Aydogdu Roman 27-03-2026 → present
Signing authorityThe articles say who may bind the company, for example by signing a contract.
The sole director
deed of 24-06-2022

Owners and capital

Shareholders

6 owners

Owners 6

Owners through the years 2006 to 2024
Owners through the years
Name2006200720082009201020112012201320142015201620172018201920202021202220232024
GROUPE GH 90.91%86.87%90.9%36.71%14.3%21.3%36.71%
SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE 46.18%31.67%
IMMOBILIERE DU PARK HOTEL 11.74%
COMPAGNIE BELGE D'INVESTISSEMENT COMMERCIAL 8.54%10.02%47.55%10.03%
FAVOS 7.51%9.86%
BELGIUM PROPERTY 15.41%
GEVAERT 6.96%
SOCIETE DE DEVELOPPEMENT RESIDENTIEL ET COMMERCIAL 4.74%
IMMOBILIERE LES SORBIERS 9.09%3.84%
UNE NOUVELLE IDEE WOW 3.03%
IMMOBILIERE CRESPEL 4.04%

Source: shareholder structure in its own accounts, lists of holdings in the owners' accounts

Capital transactions

Capital over time
  1. 24-06-2022 Capital stated in the deed · €307,414.59 · 2,343 shares

The directors' other companies

1 current director with another company that went bankrupt, was dissolved or struck off

21 other companies of this director went bankrupt (2026) and 1 was struck off by the FPS Economy (2025).

Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.

Mandate history

5 people, 3 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • mandate already running before its first mention
Mandates per person, with start and end dates
Name Functions and periods
MANAGEMENT GESTION & SERVICES
  • Sole director, from 14-06-2022 to date
DELVAUX WILMET ASSOCIES SRL
  • Statutory auditor, appointed by deed of 03-10-2025, still in office
Finvision Bedrijfsrevisoren
  • Statutory auditor, from 27-06-2025 to date
C² Reviseurs et Associés
  • Statutory auditor, appointed by deed of 24-06-2022, until 24-01-2025
HIBERT Gérald
  • Director, until 14-06-2022
  • Managing director, until 14-06-2022
See the board, name and registered office on a given date →

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
1 director

Articles of association, deed of 24-06-2022 (in French)

Network & group

Holdings and subsidiaries

3 holdings · 3 subsidiaries, including indirect ones

Holdings 3

Source for every holding own accounts 2024

All subsidiaries, including indirect ones 3

SOFONA or one of its subsidiaries holds more than half of the shares of these companies. A company it consolidates per the LEI register is listed too.

Holdings through the years 2006 to 2024
Holdings through the years
Name2006200720082009201020112012201320142015201620172018201920202021202220232024
Société d'Etudes et de Réalisations de la Galerie Louise 96%90%
COMPAGNIE BELGE D'INVESTISSEMENT COMMERCIAL 47.55%38.31%
BYZ -ART 8.33%10.42%

Source: list of holdings in its own accounts

Parent company per the LEI register

Parent company: none declared
SOFONA declares that natural persons control it, with no company in between that consolidates it.

Own declaration in the LEI register: 254900RYOWT0RRBCT382

Companies at the same address

65 other companies
and 55 more

Connections & network

32 connected companies, 5 earlier ties
Depth
+37 companies via a shared corporate director +37via a sharedcorporate directorSOFONA SOFONA0403.338.767
Shared directorsBundled connections
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
IMMOBILIERE DEFACQZ - LIVOURNE
via MANAGEMENT GESTION & SERVICES · Sole director · deed of 17-04-2023
Open bankruptcy · founded in 1988 · total assets €39.6m (2024) · group SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE
→
SONIMO
via MANAGEMENT GESTION & SERVICES · Director · deed of 02-04-2024
Open bankruptcy · founded in 1998 · total assets €35.5m (2024) · group SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE
→
SOCIETE DE DEVELOPPEMENT RESIDENTIEL ET COMMERCIAL
via MANAGEMENT GESTION & SERVICES · Sole director · deed of 01-03-2024
Open bankruptcy · founded in 2000 · total assets €34.8m (2024) · group SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE
→
AXIS IMVEST
via MANAGEMENT GESTION & SERVICES · Sole director · deed of 05-04-2023
Open bankruptcy · founded in 1998 · total assets €34.5m (2024) · group SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE
→
Show 28 more companies with a shared director
IMMOBILIERE STEPHANIE CINQ
via MANAGEMENT GESTION & SERVICES · Sole director · deed of 31-03-2023
Open bankruptcy · founded in 1989 · total assets €17.6m (2024) · group SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE
→
IMMO SEP ET COMPAGNIE
via MANAGEMENT GESTION & SERVICES · Sole director · deed of 17-04-2023
Open bankruptcy · founded in 2000 · turnover €232,880 (2024) · group SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE
→
Data Espace
via MANAGEMENT GESTION & SERVICES · Sole director · deed of 05-04-2023
Open bankruptcy · founded in 1999 · total assets €14.4m (2024)
→
SINACO
via MANAGEMENT GESTION & SERVICES · Director · deed of 12-04-2024
Open bankruptcy · founded in 1986 · turnover €105,000 (2024) · group SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE
→
AGRIFOR
via MANAGEMENT GESTION & SERVICES · Sole director · deed of 03-04-2023
Open bankruptcy · founded in 1974 · total assets €9.7m (2024) · group SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE
→
IMMOBILIERE ET FINANCIERE PIERRE ALEXANDRE
via MANAGEMENT GESTION & SERVICES · Sole director · deed of 05-05-2023
Open bankruptcy · founded in 1988 · total assets €8.9m (2024) · group SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE
→
Immobilière Cordier
via MANAGEMENT GESTION & SERVICES · Sole director · deed of 17-04-2023
Open bankruptcy · founded in 1970 · total assets €8.1m (2024)
→
COMPAGNIE D'INVESTISSEMENT COMMERCIAL
via MANAGEMENT GESTION & SERVICES · Sole director · deed of 05-04-2023
Open bankruptcy · founded in 2007 · total assets €6.7m (2024)
→
Eupen Shopping Center
via MANAGEMENT GESTION & SERVICES · Sole director · deed of 11-04-2023
Open bankruptcy · founded in 2003 · turnover €399,611 (2024)
→
SOCIETE D'INVESTISSEMENT COMMERCIAL
via MANAGEMENT GESTION & SERVICES · Sole director · deed of 05-05-2023
Open bankruptcy · founded in 2008 · total assets €1.6m (2024) · group SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE
→
NEW EGEMA
via MANAGEMENT GESTION & SERVICES · Director · deed of 08-04-2024
Open bankruptcy · founded in 2005 · total assets €425,597 (2024)
→
Prime Assets Capital
via MANAGEMENT GESTION & SERVICES · Director (not named in the articles) · deed of 07-12-2023
Founded in 2023 · total assets €356.8m (2024) · group SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE · accounts filed late
→
TD IMMO INVEST
via MANAGEMENT GESTION & SERVICES · Director · deed of 20-12-2021
Founded in 1999 · turnover €5.7m (2024) · group SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE · accounts filed late
→
LOUISE VILLAGE SA
via MANAGEMENT GESTION & SERVICES · Sole director · deed of 20-06-2022
Founded in 2005 · turnover €4.0m (2024) · negative equity · group SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE · accounts filed late
→
Centre de Trésorerie GH
via MANAGEMENT GESTION & SERVICES · Sole director · deed of 17-05-2023
Founded in 2023 · total assets €43.4m (2024) · negative equity · group SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE · accounts filed late
→
XL FINANCES
via MANAGEMENT GESTION & SERVICES · Director · deed of 15-04-2024
Founded in 2002 · total assets €16.4m (2024) · group SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE · accounts filed late
→
LOUISE ASSETS
via MANAGEMENT GESTION & SERVICES · Director (not named in the articles) · deed of 18-12-2023
Founded in 2023 · total assets €15.0m (2024) · group SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE · accounts filed late
→
SPASIBA
via MANAGEMENT GESTION & SERVICES · Director · deed of 22-04-2024
Founded in 1999 · total assets €9.0m (2024) · group SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE · accounts filed late
→
IMMOBILIERE LES SORBIERS
via MANAGEMENT GESTION & SERVICES · Sole director · deed of 13-03-2023
Founded in 1996 · total assets €6.5m (2024) · accounts filed late
→
Compagnie d’Investissement Immobilier Commercial
via MANAGEMENT GESTION & SERVICES · Director (not named in the articles) · deed of 02-10-2023
Founded in 2023 · total assets €5.1m (2024) · negative equity · accounts filed late
→
UNE NOUVELLE IDEE WOW
via MANAGEMENT GESTION & SERVICES · Sole director · deed of 23-06-2022
Founded in 1990 · total assets €4.7m (2024) · group SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE · accounts filed late
→
KMT
via MANAGEMENT GESTION & SERVICES · Sole director · deed of 08-05-2023
Founded in 1994 · total assets €4.2m (2024) · group SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE · accounts filed late
→
Les Commerces du Vert Chasseur
via MANAGEMENT GESTION & SERVICES · Director · deed of 07-11-2023
Founded in 2011 · total assets €3.8m (2024) · negative equity · group SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE · accounts filed late
→
IMMOBILIERE CHAMBERY
via MANAGEMENT GESTION & SERVICES · Sole director · deed of 28-03-2023
Founded in 1987 · total assets €3.7m (2024) · group SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE · accounts filed late
→
TENNIS CLUB DE L'OBSERVATOIRE
via MANAGEMENT GESTION & SERVICES · Sole director · deed of 05-05-2023
Founded in 2001 · total assets €2.4m (2024) · negative equity · group SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE · accounts filed late
→
VERT CHASSEUR RETAIL
via MANAGEMENT GESTION & SERVICES · Sole director · deed of 10-06-2022
Founded in 2012 · total assets €1.4m (2024) · group SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE · accounts filed late
→
AT IMMO.COM
via MANAGEMENT GESTION & SERVICES · Director · deed of 16-11-2023
Founded in 2003 · total assets €1.3m (2024) · accounts filed late
→
OTOBOS
via MANAGEMENT GESTION & SERVICES · Director · deed of 21-02-2024
Founded in 2010 · total assets €158,026 (2024) · negative equity · accounts filed late
→
Earlier ties
Immobilière de la Toison d'Or
via MANAGEMENT GESTION & SERVICES (no longer at Immobilière de la Toison d'Or) · Managing director · deed of 01-03-2024
Open bankruptcy · founded in 1932 · turnover €1.4m (2024) · group SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE
→
EUPEN PLAZA MANAGEMENT
via MANAGEMENT GESTION & SERVICES (no longer at EUPEN PLAZA MANAGEMENT) · Sole director · deed of 08-05-2023
Open bankruptcy · founded in 2004 · 1 FTE (2024)
→
LOUISIMMO
via MANAGEMENT GESTION & SERVICES (no longer at LOUISIMMO) · Sole director · deed of 31-03-2023
Founded in 2000 · total assets €3.8m (2024) · negative equity · group SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE · accounts filed late
→
IMMO SLOSSE
via MANAGEMENT GESTION & SERVICES (no longer at IMMO SLOSSE) · Sole director · deed of 08-06-2022
Founded in 2001 · total assets €2.4m (2024) · negative equity · group SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE · accounts filed late
→
Show 1 more earlier tie
GEVAERT
via MANAGEMENT GESTION & SERVICES (no longer at GEVAERT) · Director · deed of 17-04-2023
No longer active · total assets €9.4m (2026) · group SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE
→

Timeline

Deeds, filings and financial milestones

2026
28-09
Bankruptcy Supervising judge replaced
French-language Enterprise Court of Brussels · judgment of 21-09-2026
08-07
Bankruptcy Bankruptcy declared
French-language Enterprise Court of Brussels · judgment of 02-07-2026
27-03
Interim measure Provisional administrator
French-language Enterprise Court of Brussels · Aydogdu Roman
2025
22-12
NBB filing Annual accounts 2024 filedPDF
full format · 144 days late
19-12
NBB filing Annual accounts 2023 filedPDF
full format · 506 days late
03-10
Gazette deed 2 statutory auditors appointed, 1 statutory auditor resigning
Appointments: DELVAUX, WILMET & ASSOCIES SRL (statutory auditor) and Finvision Bedrijfsrevisoren BV (statutory auditor) · Resignation: DELVAUX, WILMET & ASSOCIES SRL (statutory auditor) · Permanent representatives: Karel Nijs and Alain Williaume6 points ▸
  • General meeting, 27-06-2025
  • Auditor appointment, DELVAUX, WILMET & ASSOCIES SRL
  • Auditor resignation, DELVAUX, WILMET & ASSOCIES SRL
  • Auditor appointment, Finvision Bedrijfsrevisoren BV
  • Permanent representative, Karel Nijs
  • Permanent representative, Alain Williaume
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

08-04
Gazette deed Resignation: Charles-Henri De Streel (statutory auditor)
Appointment: DELVAUX WILMET ASSOCIES SRL (statutory auditor)3 points ▸
  • General meeting, 24-01-2025
  • Auditor resignation, Charles-Henri De Streel (statutory auditor)
  • Auditor appointment, DELVAUX WILMET ASSOCIES SRL (statutory auditor)

Open the deed in the Belgian Official Gazette

2023
31-07
NBB filing Annual accounts 2022 filedPDF
full format · on the deadline day
08-03
Gazette deed Appointment: C2 Reviseurs et Associés (statutory auditor)
2 points ▸
  • General meeting, 03-02-2023
  • Auditor appointment, C2 Reviseurs et Associés (statutory auditor)

Open the deed in the Belgian Official Gazette

2022
31-12
Financial Back to profitnet €4.1m
The net result is €4.1m, after 2 loss-making years.
13-12
NBB filing Annual accounts 2021 filedPDF
full format · 135 days late
24-06
Gazette deed 1 director appointed, 1 director resigning
Resignation: HIBERT Gérald (director) · Appointment: MANAGEMENT GESTION & SERVICES (sole director) · Permanent representative: HIBERT Gérald10 points ▸
  • General meeting, 14-06-2022
  • Director resignation, HIBERT Gérald
  • Director resignation, HIBERT Gérald (managing director)
  • Director appointment, MANAGEMENT GESTION & SERVICES (sole director)
  • Permanent representative, HIBERT Gérald
  • Purpose change, “D'achat, vente, échange d'immeubles, constitution ou cession de droits réels immobiliers, mise en location et/ou prise en location de tous biens immeubles ou…” (deed in French)
  • Capital, €307,414.59, 2,343 shares
  • Registered office clause, chaussée de Waterloo 1135, 1180 Uccle
  • Auditor reappointment, C² REVISEURS & ASSOCIES (statutory auditor)
  • Power of attorney, Olivier DUBUISSON
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

Show earlier events
2021
31-12
Financial Weakest financial yearnet -€4.2m
The net result drops to -€4.2m, the lowest from 2018 to 2024.
31-12
Financial Liquidity more than 8 timescurrent ratio 20.08
The current ratio rises from 2.25 to 20.08. Short-term debt falls from €16.4m to €1.8m.
14-12
NBB filing Annual accounts 2020 filedPDF
full format · 136 days late
2020
17-12
NBB filing Annual accounts 2019 filedPDF
full format · 139 days late
2019
29-08
NBB filing Annual accounts 2018 filedPDF
full format · 29 days late
2018
22-08
NBB filing Annual accounts 2017 filedPDF
full format · 22 days late
2017
23-08
NBB filing Annual accounts 2016 filedPDF
full format · 23 days late
2016
26-07
NBB filing Annual accounts 2015 filedPDF
full format · 5 days before the deadline
2013
13-11
Gazette deed Capital & shares · Amendment of the articles · Restructuring

Show all 48 filings

SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

SOFONA was incorporated on 1 January 1968.1 Turnover fell from €2.8m in 2018 to €2.4m in 2024.2 On 2 July 2026 the company was declared bankrupt.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2024
  3. 3Belgian Official Gazette, 08-07-2026

Company details

Bankruptcy opened

Last annual accounts
financial year to 31 December 2024
Legal form
Public limited company
Active since
1 January 1968
Official KBO record

Register details

Identity

Name SOFONA in French
Enterprise number 0403.338.767
LEI code 254900RYOWT0RRBCT382 live in the LEI register
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 24-06-2022 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-Capitale”
deed of 24-06-2022 (in French)

Registered office and establishments

Registered office Waterloosesteenweg 1135, 1180 Uccle, Belgium
Establishment unit SOFONA, Waterloosesteenweg 1135, 1180 Uccle since 28-11-1941 · unit number 2.014.207.671 7031

Activities

NACEBEL 2025
68203 Renting and operating of own or leased non-residential real estate, excluding land main activity
68202 Real estate activities
Codes under NACEBEL 2008
68203 Real estate rental main activity
68202 Real estate activities

Invoicing and payment

VAT number BE 0403.338.767
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0403338767
Registered 11-01-2026

The company is no longer active. Its listing in the Peppol Directory only disappears when its Peppol service provider removes it.

Register as of 5 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Thursday of May
deed of 24-06-2022 (in French)

Sites & property

Location
registered office establishment The establishment unit on the map
66 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
3,242 m²
Building footprint
818 m²
Building volume
13,722 m³
Cadastral parcel Region Area Buildings Height / floors
21612C0257/00V000 Brussels 3,242 m² 1 · 817 m² 20.8 m · 6

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