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SOFRAN

Active Private limited companyfounded 2024active for 2 yearsFranchommelaan 158, 8370 BlankenbergeKBO/BCE: BE 1012.058.408

Overview

Lifetime

2 annual accounts with figures on one time axis
peak €237,597 (2024)
€223,049▼ 6.1%
peak €33,466 (2024)
€22,509▼ 32.7%
peak €75,976 (2025)
€75,976▲ 42.1%
€91,414▲ 46.8%
Board2 names since 2024
Documentsfilings and deeds
27-07-20264 days before the deadline
2025micro format
Result from €33,466 to €22,509Equity from €53,466 to €75,976Debts from €62,271 to €91,414Cash from €34,498 to €87,562

Key points

from the 2025 annual accounts

Turnover

≈ €650,000 estimated

The micro format states no turnover.

Position in the sector

€223,049

Higher gross margin than 85% of companies in food and beverage service. Sector median €62,396 · 17,095 companies.

Checked score

66
Healthy
Financially stronger than 73% of micro companies in food and beverage service (NACE 56)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 08-2025: 1.3% 09-2025: 1.3%● unchanged vs 08-2025 10-2025: 1.3%● unchanged vs 09-2025 11-2025: 1.4%▲ +0.1 percentage points vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.5%▲ +0.1 percentage points vs 02-2026 04-2026: 1.6%▲ +0.1 percentage points vs 03-2026 05-2026: 1.6%● unchanged vs 04-2026 06-2026: 1.6%● unchanged vs 05-2026 07-2026: 1.8%▲ +0.2 percentage points vs 06-2026highest value 08-2026: 1.3%▼ -0.5 percentage points vs 07-2026lowest value 09-2026: 1.3%● unchanged vs 08-2026lowest value 10-2026: 1.3%● unchanged vs 09-2026lowest value 11-2026: 1.3%● unchanged vs 10-2026lowest value

Financial strength
Strong

70-1equity 45.4% of total assets
72+12short-term debt 54.6% · cash 52.3%
86-14return on assets 13.4%

Score breakdown

raises risk
Founded in 2024
Sector: Food and beverage service activities (NACE 56)
Size: total assets €167,390
lowers risk
Liquidity: current ratio 1.07, cash €87,562
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 64% of them on solvency, 76% on liquidity, 73% on profitability and 78% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as SOFRAN has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of SOFRAN itself: 1.3% within 12 months.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for SOFRAN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €5,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.07 (0.76 in 2024), below the usual 1.5. Short-term debt is 54.6% and cash 52.3% of total assets. 54.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Liquidity: current ratio 1.07, cash €87,562
NBB · annual accounts
raises risk · Size: total assets €167,390
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
4 days early
2024
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 3 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

DV
Director, since 30-07-2024
WA
Director, since 30-07-2024
  • DE VLEMINCK Francis Leon André Maurice 1,000 sharesdeed of 01-08-2024
  • WARRINNIER Ann Paula Hélène 1,000 sharesdeed of 01-08-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1012058408
First establishment Brasserie Oosterstaketsel, Zeedijk 350, Blankenberge
Incorporation Founding capital of €20,000, 2,000 shares · Founders: DE VLEMINCK Francis Leon André Maurice and WARRINNIER Ann Paula Hélène · Appointments: DE VLEMINCK Francis Leon André Maurice (director) and WARRINNIER Ann Paula Hélène (director) · published on 01-08-2024 · Gazette deed
All 5 events

Comparable companies

same main activity, similar in size and age
Company
SOFRAN Blankenberge €167,390 €223,049 45.4% -
Midana Nieuwpoort €147,981 €201,685 61.4% -
DRAKENPALEIS Bruges €186,021 €258,304 71.8% -
XING RUI Heist-op-den-Berg €164,281 €243,538 44.6% -
Tiuri Leuven €165,319 €207,423 48.1% -
Habibi Grambais Nivelles €150,211 €210,003 75.3% -
BultiaSushi Gerpinnes €148,949 €234,293 37.5% -

These companies have the same main activity as SOFRAN: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €148,000 and €186,000, founded in 2024.

Official details

Source: KBO
Status
Active since 30-07-2024Normal situation
Activity
Full-service restaurantsNACE 56111and 2 others
Establishment unit
2.363.577.4228370 Blankenberge, since 01-08-2024
Financial year end
31 December
Peppol
Reachable since 14-10-2025
Company details

Annual accounts 2025

€223,049▼ 6.1%
€22,509▼ 32.7%
€75,976▲ 42.1%
€167,390▲ 44.6%
Filing
Filed on 27-07-2026, 4 days before the end of the filing period
Financials

Insights on SOFRAN

SOFRAN has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75,976 and a net result of €22,509.

Its solvency ranks better than 64% of 17,162 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 27-07-2026, 4 days before the deadline
€223,049
▼ 6.1%
€32,317
▼ 23.9%
€22,509
▼ 32.7%
€6,692
▲ €21,383
45.4%
▼ 0.8 percentage points
1.07
▲ 0.31

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 ≈ €650,000. Estimated: probably between €540,000 and €790,000.

Balance sheet

balance sheet total €167,390 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

45.4%

Higher than 64% of 17,162 companies in 2025.

1.07

Higher than 49% of 16,586 companies in 2025.

13.4%

Higher than 70% of 16,669 companies in 2025.

SOFRAN Middle half of the sector 80% of the sector Micro accounts in food and beverage service (NACE 56)

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

Staff

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

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024
Balance sheet: assets
20/58 167,390115,738
21/28 69,28468,157
21 20,60326,603
22/27 48,68241,555
23 11,89419,444
24 36,78822,111
29/58 98,10647,580
40/41 9,91513,082
40 4,54213,082
41 5,373-
54/58 87,56234,498
490/1 629-
Balance sheet: equity and liabilities
10/49 167,390115,738
10/15 75,97653,466
10/11 20,00020,000
14 55,97633,466
17/49 91,41462,271
42/48 91,41462,271
44 18,45125,268
440/4 18,45125,268
46 3,085-
45 29,66614,830
450/3 17,50613,077
454/9 12,1601,752
47/48 40,21222,173
Income statement
9900 223,049237,597
62 169,23720,280
630 18,8278,803
640/8 2,667166,039
9901 32,31742,475
75/76B 59-
75 59-
65/66B 3,908642
65 3,908642
9903 28,46941,833
67/77 5,9598,367
9904 22,50933,466
9905 22,50933,466
Appropriation of the result
9906 55,97633,466
14P 33,466-
Social balance sheet
9087 -1.1
Hours worked1013 -696
Document PDFPDF

The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 27-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 27-07-2026 2026-00334974 PDF
31-12-2024 micro format 30-07-2025 2025-00328303 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024
51,14551,278
41,33742,269
19,95476,960
53,064-
6,692-14,691
45.4%46.2%
1.070.76
1.201.16
29.6%62.6%
13.4%28.9%
13.0979.86

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.

Social balance sheet

Item31-12-2024
Employees at the balance-sheet date2
full-time2
part-time0
in full-time equivalents2
1.1
On a permanent contract2
Joined19
Left17

Source: social balance sheet in the 2024 annual accounts

Investments

fixed assets acquired
Item20252024
Tangible fixed assets€19,954€46,960
Intangible fixed assets-€30,000
Financial fixed assets€0-
€18,827€8,803

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Insights on SOFRAN

The operating result for 2025 is 24% lower than in 2024.

Debt's share of the balance-sheet total rises from 53.8% to 54.6%. Equity and debt are higher.

Board & ownership

Board

2 directors, since incorporation
Director (not named in the articles)
since 30-07-2024 term without a fixed end
listed in the 2025 annual accounts, filed on 27-07-2026
Director (not named in the articles)
since 30-07-2024 term without a fixed end
listed in the 2025 annual accounts, filed on 27-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 01-08-2024

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
DE VLEMINCK Francis Leon André Maurice
Director (not named in the articles)
WARRINNIER Ann Paula Hélène
Director (not named in the articles)
Board
Mandates as a list
  • DE VLEMINCK Francis Leon André Maurice
    • Director (not named in the articles), from 30-07-2024 to date
  • WARRINNIER Ann Paula Hélène
    • Director (not named in the articles), from 30-07-2024 to date

See the board, name and registered office on a given date →

Control

This company
SOFRAN
Equity €75,976
Profit €22,509 in 2025

Capital

Contribution
€20,000
Shares
2,000
Contribution per share
€10
Equity per share
€37.99 in 2025
Source
deed of 01-08-2024

Articles of association

deed of 01-08-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Algemene vergadering bepaalt aantal,duur van opdracht en,indien meerdere bestuurders,hun bevoegdheid, benoemd met of zonder beperking van…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Saturday of June at 14:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Shareholders

At incorporation deed of 01-08-2024 ↗

Network & group

No group

SOFRAN has no parent and no holdings in its annual accounts. SOFRAN shares no director with another company.

Timeline

Timeline

5 events since 2024

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 4 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1012058408
Annual accounts 2024 filed NBBmicro format · 1 day before the deadline
2024
First establishment Brasserie Oosterstaketsel, Zeedijk 350, Blankenberge
IncorporationFounding capital of €20,000, 2,000 shares · Founders: DE VLEMINCK Francis Leon André Maurice and WARRINNIER Ann Paula Hélène · Appointments: DE VLEMINCK Francis Leon André Maurice (director) and WARRINNIER Ann Paula Hélène (director) · published on 01-08-202412 points ▸

Open the deed in the Belgian Official Gazette

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

History

SOFRAN was incorporated on 30 July 2024 as a private limited company by two natural persons, with a starting capital of €20,000.12 The board currently has 2 members, 2 of whom have served since 2024.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 01-08-2024
  3. 3National Bank, annual accounts 2025

Company details

Identity

Enterprise number
1012.058.408
VAT number
BE 1012.058.408
Peppol ID
0208:1012058408
Other Peppol ID
9925:BE1012058408
Legal form
Private limited company
Status
Active, normal situation
Founded
30-07-2024
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Saturday of June at 14:00
deed of 01-08-2024 (in Dutch)
Peppol
Reachable since 14-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
SOFRAN in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 01-08-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 01-08-2024 (in Dutch)

Activities

NACEBEL 2025
VAT activities
56111 Full-service restaurants main activity
Social security (RSZ) activities
56111 Full-service restaurants main activity
Codes under NACEBEL 2008
VAT activities
56101 Full-service restaurants main activity
56102 Limited-service restaurants
56210 Catering
Social security (RSZ) activities
56101 Full-service restaurants main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Uitbaten van restaurant,; Allerhande activiteiten kaderend in horeca-uitbating,; Verlenen van bijhorende diensten in de horeca,; Organisatie…”
16 activities
  1. Uitbaten van restaurant,
  2. Allerhande activiteiten kaderend in horeca-uitbating,
  3. Verlenen van bijhorende diensten in de horeca,
  4. Organisatie van evenementen,
  5. Diensten van catering en traiteur,
  6. Dit behelst waar nodig en/of nuttig de aankoop,verkoop,verhuur,onderverhuur,leasing,renting,ontwerp,productie,handel,groothandel,herstelling,levering,plaatsing,montage,demontage,integratie,ontmanteling,vervoer,invoer,uitvoer,export,al dan niet in hoofdaanneming en/of onderaanneming en/of als tussenpersoon van de voormelde activiteiten,diensten en goederen en van alle activiteiten,diensten en goederen die de vennootschap hiervoor nuttig en/of nodig acht.
  7. Het verrichten,in het algemeen,van alle roerende,onroerende,commerciële,industriële,financiële,handelingen die in rechtstreeks of onrechtstreeks verband staan met de rest van het maatschappelijk voorwerp,of die van aard zijn,zouden zijn of zouden kunnen zijn om de verwezenlijking van het voorwerp geheel of gedeeltelijk te vergemakkelijken en bevorderen.
  8. Het verrichten van alle vormen van handelsbemiddeling,het optreden als agent en als zelfstandig vertegenwoordiger in diverse sectoren en voor diverse producten en diensten.De aan-en verkoop evenals de in-en uitvoer van om het even welke goederen evenals het optreden als tussenpersoon bij voormelde verrichtingen.
  9. Het verlenen van diensten en adviezen aan derden.Het optreden als consultant en diensten verlenen inzake commercieel,strategisch,financieel en administratief management,inzake technisch management en diverse technische aangelegenheden,inzake informatica en automatisering,inzake integrale kwaliteitszorg en divers zorg-,kwaliteits-en veiligheidssystemen,inzake productmanagement,design en vormgeving,inzake PR,publiciteit en marketing,inzake de administratieve organisatie en de implementatie van bedrijfsprocessen.
  10. Het ontwikkelen,kopen,verkopen,beheren,in waarde stellen,in licentie nemen of geven van licenties,brevetten,octrooien,knowhow en andere intellectuele rechten.
  11. Het organiseren en/of geven van seminaries,opleidingen en presentaties.Het schrijven,verzorgen,begeleiden en uitgeven van literaire werken en bijdragen,handboeken van diverse bijdragen in diverse vormen.
  12. Het waarnemen van opdrachten als bestuurder of vereffenaar in andere vennootschappen.Het optreden als managementvennootschap,het beheren van vennootschappen,het optreden als holding,het verrichten van alle managementactiviteiten van holdings:het deelnemen,onder gelijk welke vorm,aan de oprichting,uitbreiding,omzetting,fusie,opslorping,het bestuur en controle van ondernemingen.
  13. Het nemen van belangen,hetzij door deelneming,inbreng of elke andere wijze in alle vennootschappen,ondernemingen of groeperingen,bestaande of op te richten,zowel in België als in het buitenland,die een aanvullend of soortgelijk voorwerp nastreven,of van die aard zijn de ontwikkeling van haar onderneming te bevorderen of de afzet van haar producten of diensten kunnen vergemakkelijken.
  14. Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerend goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen,het ontwerpen en opvolgen van projecten,en het maken van studies met betrekking tot immobiliën;de aan-en verkoop,huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen;alsmede zich borg stellen voor het goede verloop van verbintenissen,door derde personen aangegaan,die het genot zouden hebben van voormelde roerende en onroerende goederen.
  15. Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen;alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop,het beheren van aandelen,aandelenopties,obligaties,kasbons,afgeleide producten of andere roerende waarden,van welke vorm ook,uitgegeven door Belgische of buitenlandse emittenten.
  16. Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,in eender welke vorm;het zich borg stellen of aval verlenen,in de meest ruime zin;alle handelsoperaties en financiële operaties verrichten,behalve deze die wettelijk voorbehouden zijn aan depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen.Het aangaan van leningen of schulden bij derden met inbegrip van haar aandeelhouders en haar bestuurders en het maken van alle kosten en doen van alle investeringen die zij nodig of wenselijk acht.Het zich borg stellen en/of het verlenen van zakelijke en/of persoonlijke zekerheden tot waarborg van eigen verbintenissen of tot waarborg van verbintenissen van derden,onder meer door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak.
deed of 01-08-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit numberFASFC approval
Franchommelaan 158 registered office 8370 Blankenberge
Brasserie Oosterstaketsel Zeedijk 350, 8370 Blankenberge 01-08-2024 2.363.577.422 Restaurant

Buildings and parcels at the addresses

Ground area
436 m²
Buildings
385 m²
Volume, LiDAR
4,160 m³
Tallest building
23.2 m
Buildings to scale, each on its own parcel
285 m², 13.6 m 100 m², 23.2 m 285 m², 13.6 m 100 m², 23.2 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
31004A0741/11A000
ProtectedMonumentOosterstaketselSource ↗
332 m² 1 · 285 m² 13.6 m · 4
31004A0741/00P029103 m² 1 · 100 m² 23.2 m · 3

1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.

Recognitions

Food safety, FASFC

1 site
Blankenbergeunit number 2.363.577.422
1 permission
Authorisation · Restaurant · since 19-09-2024

Source: FAVV-AFSCA, open data, updated on 02-11-2026