SOFORA
ActiveSummary
SOFORA has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.9m and a net result of €6,831. Equity remains stable across the filed financial years (±0.2% per year). Its solvency ranks better than 95% of 17,080 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · financial year 2025, micro format
Turnover
≈ €6,500
Estimated: probably between €4,200 and €10,000
Total assets
€1.9m▲ 0.5%
2024 · €1.9m
Net result
€6,831
2024 · -€18,432
Working capital
€427,360▲ 2.3%
2024 · €417,667
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €7,729 in 2025 against €26,663 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.008m
2025
Net result€0.007m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.9m
2025
Equity€1.9m
2025
Debt€0.003m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.4m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)0.4%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency99.8%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio2.61
2020
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.01m-€36-€0.001m-€0.01m▼ 988%-€0.03m▼ 90.2%-€297▲ 98.9%-€0.03m▼ 8,869%-€0.008m▲ 71.0%
Net result-€0.01m-€28€0.01mwithin the sector's middle half▲ 458×-€0.008mbelow the sector's middle half-€0.02mbelow the sector's middle half▼ 166%€0.009mwithin the sector's middle half-€0.02mbelow the sector's middle half€0.007mwithin the sector's middle half
Equity€1.9m-€1.9m=€1.9mabove the sector's middle half▲ 0.7%€1.9mabove the sector's middle half▼ 0.4%€1.9mabove the sector's middle half▼ 1.1%€1.9mabove the sector's middle half▲ 0.5%€1.9mabove the sector's middle half▼ 1.0%€1.9mabove the sector's middle half▲ 0.4%
Total assets€2.2m-€2.2m▼ 0.9%€2.2mabove the sector's middle half▲ 0.2%€1.9mabove the sector's middle half▼ 12.8%€1.9mabove the sector's middle half▼ 1.2%€1.9mabove the sector's middle half▲ 0.4%€1.9mabove the sector's middle half▼ 1.0%€1.9mabove the sector's middle half▲ 0.5%
Debt€0.3m-€0.3m▼ 6.6%€0.3m▼ 3.0%€0.003m▼ 99.0%€0.002m▼ 27.6%€0.001m▼ 47.1%€0.001m=€0.003m▲ 212%
Working capital€0.2m-€0.4m▲ 156%€0.4mabove the sector's middle half▲ 5.1%€0.4mabove the sector's middle half▲ 0.2%€0.4mabove the sector's middle half▼ 5.0%€0.4mabove the sector's middle half▲ 2.7%€0.4mabove the sector's middle half▼ 4.5%€0.4mabove the sector's middle half▲ 2.3%
Solvency86.2%-87.0%▲ 0.8pp87.4%above the sector's middle half▲ 0.4pp99.9%above the sector's middle half▲ 12.5pp99.9%above the sector's middle half=99.9%above the sector's middle half=99.9%above the sector's middle half=99.8%above the sector's middle half▼ 0.1pp
Current ratio1.54-2.49▲ 0.942.61within the sector's middle half▲ 0.12
Return on assets (ROA)-0.5%-0.0%▲ 0.5pp0.6%within the sector's middle half▲ 0.6pp-0.4%within the sector's middle half▼ 1.0pp-1.1%within the sector's middle half▼ 0.7pp0.5%within the sector's middle half▲ 1.6pp-1.0%within the sector's middle half▼ 1.5pp0.4%within the sector's middle half▲ 1.3pp
above
within
below
the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.9m
Fixed assets
€1.5m ▼ 0.2%
Current assets
€430,526 ▲ 2.8%
Equity and liabilities €1.9m
Equity
€1.9m ▲ 0.4%
Debt
€3,166 ▲ 212%
Debt's share of the balance-sheet total rises from 0.1% to 0.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
-€4,868▲
2024 · -€23,897
Cash flow
€9,693▲
2024 · -€15,666
Debt to equity
0.00▲
2024 · 0.00
ROE
0.4%▲
2024 · -1.0%
Interest coverage
-15.34▲
2024 · -78.30
Debt ≤ 1 year
€3,166▲
2024 · €1,015
A ratio outside any meaningful range has been withheld (balance sheet total €1.9m, equity €1.9m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,046 | €9,004 | €9,004 | €9,004 | €9,217 | €2,414 | €2,766 | €2,861 | ▲ 3.4% |
| Other operating charges640/8 | - | - | - | €4,522 | €4,622 | €5,112 | €5,023 | €7,209 | ▲ 43.5% |
| Gross operating margin9900 | €2,634 | €13,013 | €11,783 | -€1,226 | -€14,217 | €7,228 | -€18,874 | €2,342 | - |
| Operating profit (loss)9901 | -€11,865 | €36 | -€1,356 | -€14,751 | -€28,056 | -€297 | -€26,663 | -€7,729 | ▲ 71.0% |
| Financial income75/76B | - | - | - | €7,000 | €7,000 | €9,672 | €8,536 | €14,877 | ▲ 74.3% |
| Recurring financial income75 | - | - | €14,000 | €7,000 | €7,000 | €9,672 | €8,536 | €14,877 | ▲ 74.3% |
| Financial charges65/66B | - | - | - | €305 | €358 | €338 | €305 | €317 | ▲ 4.0% |
| Recurring financial charges65 | €0 | €8 | €0 | €305 | €358 | €338 | €305 | €317 | ▲ 4.0% |
| Profit (loss) for the period before taxes9903 | -€11,865 | €28 | €12,644 | -€8,056 | -€21,414 | €9,037 | -€18,432 | €6,831 | - |
| Profit (loss) for the period9904 | -€11,865 | €28 | €12,644 | -€8,056 | -€21,414 | €9,037 | -€18,432 | €6,831 | - |
| Profit (loss) for the period to be appropriated9905 | -€11,865 | €28 | €12,644 | -€8,056 | -€21,414 | €9,037 | -€18,432 | €6,831 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.2m | €2.2m | €2.2m | €1.9m | €1.9m | €1.9m | €1.9m | €1.9m | ▲ 0.5% |
| Fixed assets21/28 | €1.7m | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | ▼ 0.2% |
| Tangible fixed assets22/27 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 0.9% |
| Land and buildings22 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 0.1% |
| Plant, machinery and equipment23 | - | - | - | - | - | €0.01m | €0.01m | €0.01m | ▼ 19.9% |
| Financial fixed assets28 | €1.4m | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Current assets29/58 | €0.5m | €0.7m | €0.7m | €0.5m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 2.8% |
| Amounts receivable after more than one year29 | - | - | - | €0.4m | €0.4m | €0.4m | €0.2m | €0.4m | ▲ 128% |
| Other amounts receivable291 | - | - | - | €0.4m | €0.4m | €0.4m | €0.2m | €0.4m | ▲ 128% |
| Amounts receivable within one year40/41 | €0.5m | €0.01m | €0.01m | €0.03m | €0.05m | €0.07m | €0.3m | €0.07m | ▼ 71.7% |
| Other amounts receivable41 | - | - | - | €0.03m | €0.05m | €0.07m | €0.3m | €0.07m | ▼ 71.7% |
| Cash at bank and in hand54/58 | €0.01m | €0.001m | €0.001m | €0.07m | €0.02m | €0.002m | €170 | €181 | ▲ 6.6% |
| Deferred charges and accrued income490/1 | - | - | - | €0.007m | €0.007m | €0.01m | €0.006m | €0.001m | ▼ 82.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.2m | €2.2m | €2.2m | €1.9m | €1.9m | €1.9m | €1.9m | €1.9m | ▲ 0.5% |
| Equity10/15 | €1.9m | €1.9m | €1.9m | €1.9m | €1.9m | €1.9m | €1.9m | €1.9m | ▲ 0.4% |
| Contributions10/11 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Capital10 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Issued capital100 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Reserves13 | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Non-distributable reserves130/1 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Legal reserve130 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Profit (loss) carried forward14 | €1.4m | €1.4m | €1.4m | €1.4m | €1.3m | €1.4m | €1.3m | €1.3m | ▲ 0.5% |
| Amounts payable17/49 | €0.3m | €0.3m | €0.3m | €0.003m | €0.002m | €0.001m | €0.001m | €0.003m | ▲ 212% |
| Amounts payable within one year42/48 | €0.3m | €0.3m | €0.3m | €0.003m | €0.002m | €0.001m | €0.001m | €0.003m | ▲ 212% |
| Trade debts44 | €0.004m | - | - | €0.003m | €0.002m | €0.001m | €0.001m | €0.003m | ▲ 212% |
| Suppliers440/4 | - | - | - | €0.003m | €0.002m | €0.001m | €0.001m | €0.003m | ▲ 212% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€11,865 | €28 | €12,644 | -€8,056 | -€21,414 | €9,037 | -€18,432 | €6,831 | - |
| + Depreciation and write-downs630 | €9,046 | €9,004 | €9,004 | €9,004 | €9,217 | €2,414 | €2,766 | €2,861 | ▲ 3.4% |
| Operating cash flow (approximation) | -€2,819 | €9,031 | €21,647 | €948 | -€12,197 | €11,451 | -€15,666 | €9,693 | - |
| Investment in fixed assets (approximation) | - | €250,000 | €0 | €0 | -€9,993 | -€0 | -€4,044 | €0 | - |
| Change in cash | - | -€11,126 | -€848 | €65,142 | -€43,578 | -€20,563 | -€1,431 | €11 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 11-06-2026 | 2026-00153448 |
| 31-12-2024 | micro format | 30-07-2025 | 2025-00358303 |
| 31-12-2023 | micro format | 02-07-2024 | 2024-00213720 |
| 31-12-2022 | micro format | 04-07-2023 | 2023-00210189 |
| 31-12-2021 | micro format | 30-06-2022 | 2022-20140063 |
| 31-12-2020 | micro format | 01-07-2021 | 2021-31800362 |
| 31-12-2019 | micro format | 30-06-2020 | 2020-24500583 |
| 31-12-2018 | micro format | 30-08-2019 | 2019-61300012 |
| 31-12-2017 | micro format | 29-06-2018 | 2018-26800563 |
| 31-12-2016 | abbreviated format | 27-06-2017 | 2017-22400086 |
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Of the 9,086 active companies whose main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201), figures are known for 6,888. 4,381 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.