Equity
Equity fell by 72% in 14 years.
Equity fell by 72% in 14 years.
The micro format states no turnover.
In 2025, 3 people joined and 3 left.
Short-term debts rose from €23,447 to €51,822.
Two of the last ten came late. The 2024 accounts came latest: 71 days after the end of the period.
Lower net result than 95% of companies in repair of computers and personal goods. Sector median €7,932 · 3,633 companies.
In July 2024, 5,828 companies had the same profile as SOFRAZ has now. Each dot stands for 15 companies, two years later.
Another 0.4% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 5,828 companies, not a prediction for SOFRAZ. 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.
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.
| Company | ||||
|---|---|---|---|---|
| SOFRAZ La Louvière | €83,620 | €30,744 | 32.6% | - |
| CARWASH PLAS Retie | €76,356 | €30,481 | 48.7% | - |
| GO WORLD LOGISTICS Oupeye | €104,207 | €37,685 | 22.6% | - |
| RCM La Louvière | €149,068 | €30,775 | 60.0% | - |
| X-WASH Tournai | €84,627 | €20,023 | 92.4% | - |
| CAR WASH GREGOIRE Thimister-Clermont | €112,770 | €35,252 | 65.8% | - |
| ILSA Wezembeek-Oppem | €91,481 | €39,334 | -84.3% | - |
These companies have the same main activity as SOFRAZ: washing and cleaning of motor vehicles (NACE 95316). They are comparable in size and age: total assets between €76,400 and €149,000, founded between 1999 and 2005.
SOFRAZ files the micro format. That format states no turnover. The gross margin fell from €161,361 in 2006 to €30,744 in 2025.
The balance sheet grew most in 2012 through fixed assets, financed with long-term debt.
In September 2024, the Official Gazette published the appointment of as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
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 ≈ €79,000. Estimated: probably between €62,000 and €110,000.
Higher than 45% of 3,639 companies in 2025.
Higher than 43% of 3,503 companies in 2025.
Higher than 5% of 3,530 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, 3 people joined and 3 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
83,620 | 83,436 | 70,015 | 61,120 | 105,056 | 182,213 | 199,673 | 287,674 | 346,186 | 420,083 | 433,746 | 479,297 | 562,378 | 577,950 | 287,088 | 311,465 | 343,568 | 438,578 | 476,233 | 515,064 | |
20 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,186 | |
21/28 |
18,786 | 21,724 | 22,866 | 31,336 | 59,484 | 123,329 | 166,013 | 234,863 | 296,891 | 362,504 | 411,231 | 471,768 | 549,059 | 551,445 | 214,545 | 262,108 | 291,713 | 334,104 | 385,158 | 435,774 | |
22/27 |
17,065 | 20,004 | 21,146 | 29,615 | 57,764 | 121,608 | 164,293 | 233,143 | 295,171 | 360,784 | 411,231 | 471,768 | 549,059 | 551,445 | 214,545 | 262,108 | 291,713 | 334,104 | 385,158 | 434,588 | |
22 |
14,695 | 16,784 | 19,108 | 25,133 | 42,035 | 72,687 | 95,488 | 128,506 | 154,568 | 180,853 | 215,373 | 249,893 | 285,620 | 296,337 | 161,279 | 175,316 | 188,938 | 205,044 | 221,151 | 237,257 | |
23 |
1,947 | 2,789 | 777 | 1,974 | 5,719 | 9,835 | 3,551 | 5,374 | 7,576 | 10,339 | 5,776 | 7,281 | 6,899 | 7,074 | 3,347 | 4,638 | 4,717 | 4,491 | 7,032 | 11,949 | |
24 |
423 | 431 | 1,261 | 2,509 | 10,009 | 39,086 | 65,255 | 99,262 | 133,027 | 169,591 | 190,082 | 214,593 | 256,540 | 248,034 | 49,919 | 82,154 | 98,058 | 124,568 | 156,974 | 185,382 | |
28 |
1,721 | 1,721 | 1,721 | 1,721 | 1,721 | 1,721 | 1,721 | 1,721 | 1,721 | 1,721 | - | - | - | - | - | - | - | - | - | - | |
29/58 |
64,834 | 61,712 | 47,149 | 29,784 | 45,571 | 58,884 | 33,660 | 52,810 | 49,295 | 57,578 | 22,515 | 7,529 | 13,318 | 26,505 | 72,542 | 49,357 | 51,854 | 104,474 | 91,075 | 79,290 | |
3 |
- | - | - | - | - | - | - | 7 | 7 | 7 | 101 | 1,306 | 764 | 743 | 693 | 763 | 699 | 1,420 | 1,365 | 1,437 | |
30/36 |
- | - | - | - | - | - | - | 7 | 7 | 7 | 101 | 1,306 | 764 | 743 | 693 | 763 | 699 | 1,420 | 1,365 | 1,437 | |
40/41 |
17,663 | 22,360 | 4,699 | 2,467 | 18,448 | 22,117 | 2,462 | 7,271 | 1,848 | 2,987 | 3,976 | 2,796 | 2,679 | - | 4,568 | 301 | - | 10,800 | 2,537 | 3,526 | |
40 |
1,317 | 269 | 4,699 | 2,144 | 2,937 | 7,435 | 2,462 | 3,980 | 1,846 | 2,977 | 3,972 | 2,796 | 2,679 | - | 4,568 | - | - | 10,800 | 2,537 | 3,526 | |
41 |
16,346 | 22,092 | - | 323 | 15,511 | 14,682 | - | 3,292 | 3 | 11 | 4 | - | - | - | - | 301 | - | - | - | - | |
54/58 |
47,171 | 38,417 | 42,450 | 26,269 | 27,014 | 36,665 | 31,198 | 45,532 | 47,440 | 54,584 | 18,438 | 3,427 | 9,876 | 25,762 | 48,705 | 20,512 | 17,058 | 17,991 | 31,623 | 5,265 | |
490/1 |
- | 935 | - | 1,048 | 109 | 103 | - | - | - | - | - | - | - | - | 18,577 | 27,781 | 34,097 | 74,263 | 55,550 | 69,062 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
83,620 | 83,436 | 70,015 | 61,120 | 105,056 | 182,213 | 199,673 | 287,674 | 346,186 | 420,083 | 433,746 | 479,297 | 562,378 | 577,950 | 287,088 | 311,465 | 343,568 | 438,578 | 476,233 | 515,064 | |
10/15 |
27,271 | 59,989 | 54,758 | 23,158 | 13,059 | 44,755 | 15,478 | 43,466 | 27,005 | 26,544 | 620 | -4,489 | 13,473 | 25,282 | 99,031 | 78,614 | 63,660 | 63,805 | 63,301 | 35,808 | |
10/11 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
100 |
- | - | - | - | - | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
11 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1109/19 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 37,031 | 37,031 | 37,031 | 37,031 | 37,031 | 37,031 | 37,031 | 37,031 | 37,031 | 16,614 | 8,707 | 8,707 | 8,707 | 8,707 | |
130/1 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
1311 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
- | - | - | - | - | - | 30,831 | 30,831 | 30,831 | 30,831 | 30,831 | 30,831 | 30,831 | 30,831 | 30,831 | 10,414 | 2,507 | 2,507 | 2,507 | 2,507 | |
14 |
-40,929 | -8,211 | -13,442 | -45,042 | -55,141 | -23,445 | -83,553 | -55,565 | -72,025 | -72,487 | -98,411 | -103,520 | -85,558 | -73,749 | - | - | -7,047 | -6,902 | -7,407 | -34,899 | |
17/49 |
56,349 | 23,447 | 15,258 | 37,962 | 91,996 | 137,458 | 184,196 | 244,208 | 319,181 | 393,539 | 433,126 | 483,786 | 548,905 | 552,668 | 188,057 | 232,851 | 279,908 | 374,772 | 412,932 | 479,256 | |
17 |
4,527 | - | - | - | 25,562 | 70,747 | 96,703 | 153,563 | 213,890 | 274,112 | 301,721 | 354,049 | 414,661 | 456,844 | 103,877 | 156,868 | 197,089 | 263,078 | 282,990 | 332,353 | |
170/4 |
4,527 | - | - | - | 25,562 | 70,747 | 96,703 | 153,563 | 213,890 | 274,112 | 301,721 | 354,049 | 414,661 | 456,844 | 103,877 | 156,868 | 197,089 | 263,078 | 282,990 | 332,353 | |
42/48 |
51,822 | 23,447 | 15,258 | 37,962 | 66,434 | 66,711 | 87,492 | 90,645 | 105,291 | 119,427 | 131,405 | 129,737 | 134,244 | 95,824 | 84,180 | 75,983 | 82,819 | 111,695 | 129,942 | 146,903 | |
42 |
2,573 | - | - | 25,562 | 49,166 | 63,361 | 56,860 | 60,327 | 60,221 | 70,230 | 57,689 | 61,733 | 65,900 | 27,205 | 53,815 | 53,429 | 49,615 | 33,411 | 49,363 | 49,123 | |
43 |
- | - | - | - | - | - | - | - | - | - | - | 4,897 | - | - | - | - | - | - | - | 10,883 | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | 4,897 | - | - | - | - | - | - | - | 10,883 | |
44 |
25,216 | 9,512 | 6,373 | 8,100 | 9,713 | - | 10,760 | 10,085 | 6,857 | 9,072 | 13,032 | 8,350 | 13,678 | 13,066 | 3,281 | 10,083 | 10,180 | 2,338 | 18,890 | 12,900 | |
440/4 |
25,216 | 9,512 | 6,373 | 8,100 | 9,713 | - | 10,760 | 10,085 | 6,857 | 9,072 | 13,032 | 8,350 | 13,678 | 13,066 | 3,281 | 10,083 | 10,180 | 2,338 | 18,890 | 12,900 | |
46 |
- | - | - | - | - | - | 318 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
45 |
21,840 | 13,935 | 6,218 | 4,300 | 7,555 | 3,350 | 13,752 | 753 | 7,593 | 9,505 | 12,225 | 16,257 | 20,371 | 17,036 | 25,339 | 12,471 | 22,720 | 27,927 | 13,688 | 15,365 | |
450/3 |
10,629 | 2,377 | 4,047 | 1,639 | 1,958 | 2,284 | 1,841 | 753 | 1,508 | 3,324 | 2,648 | 8,216 | 10,253 | 7,911 | 10,404 | 5,635 | 4,638 | 12,188 | 4,918 | 10,673 | |
454/9 |
11,211 | 11,558 | 2,171 | 2,660 | 5,597 | 1,066 | 11,911 | - | 6,085 | 6,181 | 9,577 | 8,041 | 10,118 | 9,125 | 14,935 | 6,836 | 18,082 | 15,740 | 8,769 | 4,692 | |
47/48 |
2,193 | - | 2,666 | - | - | - | 5,802 | 19,480 | 30,620 | 30,620 | 48,458 | 38,500 | 34,294 | 38,517 | 1,745 | - | 303 | 48,018 | 48,001 | 58,632 | |
| Income statement | |||||||||||||||||||||
76A |
- | 5,166 | - | 6,476 | 10,229 | - | 9,231 | 21,557 | 10,396 | - | 1,427 | 7,154 | 14,314 | 944 | 2,982 | 2,727 | 39,862 | 30,654 | 83,483 | 4,878 | |
9900 |
30,744 | 73,214 | 89,946 | 85,937 | 92,393 | 127,003 | 169,503 | 168,256 | 162,454 | 201,251 | 175,997 | 136,587 | 151,505 | 129,237 | 178,128 | 141,048 | 127,464 | 127,095 | 107,464 | 161,361 | |
62 |
53,135 | 55,327 | 37,437 | 35,796 | 43,114 | 29,737 | 109,308 | 63,106 | 67,569 | 73,884 | 73,597 | 60,185 | 60,801 | 85,436 | 80,705 | 43,863 | 93,659 | 81,887 | 85,051 | 81,316 | |
630 |
3,517 | 3,624 | 8,470 | 29,985 | 66,008 | 54,612 | 73,365 | 73,185 | 74,756 | 74,933 | 73,207 | 79,180 | 83,836 | 94,412 | 54,795 | 61,231 | 57,707 | 56,018 | 59,390 | 56,879 | |
640/8 |
4,734 | 6,785 | 8,106 | 7,228 | 9,030 | 6,674 | 8,360 | 6,940 | 7,512 | 19,952 | 9,851 | 9,360 | 8,044 | 7,615 | 7,897 | 12,380 | 2,748 | 4,289 | - | 5,281 | |
66A |
- | - | - | - | 0 | - | - | - | 507 | - | - | - | - | - | 1,779 | - | 0 | - | 73 | 11 | |
9901 |
-30,641 | 7,478 | 35,933 | 12,929 | -25,760 | 35,980 | -21,530 | 25,025 | 12,111 | 32,482 | 19,341 | -12,138 | -1,175 | -58,225 | 34,731 | 23,574 | -26,649 | -15,098 | -36,977 | 17,885 | |
75/76B |
19 | 29 | - | 7 | 96 | - | 4 | 0 | 0 | 7,975 | 130 | 0 | 48 | 160 | 273 | 82 | 415 | 3 | 166 | - | |
75 |
19 | 29 | - | 7 | 96 | - | 4 | 0 | 0 | 2 | 130 | 0 | 48 | 160 | 273 | 82 | 415 | 3 | 166 | - | |
76B |
- | - | - | - | - | - | - | - | - | 7,973 | - | - | - | - | - | - | - | - | - | - | |
65/66B |
1,871 | 2,275 | 4,334 | 2,427 | 5,435 | 6,082 | 5,768 | 6,896 | 11,649 | 14,215 | 15,636 | 17,471 | 19,621 | 11,597 | 10,644 | 11,478 | 13,736 | 15,054 | 19,082 | 19,867 | |
65 |
1,871 | 2,275 | 4,334 | 2,427 | 5,435 | 6,082 | 5,768 | 6,896 | 11,649 | 14,215 | 15,636 | 17,471 | 19,621 | 11,597 | 10,644 | 11,478 | 13,736 | 15,054 | 19,082 | 19,867 | |
9903 |
-32,494 | 5,232 | 31,599 | 10,509 | -31,099 | 29,897 | -27,294 | 18,130 | 462 | 26,243 | 5,262 | -22,455 | -6,435 | -68,717 | 25,563 | 14,904 | -108 | 505 | 27,517 | 2,885 | |
67/77 |
224 | - | - | 410 | 597 | 620 | 694 | 1,669 | - | 320 | 153 | -4,493 | 5,374 | 5,032 | 5,146 | -50 | 37 | - | 25 | - | |
9904 |
-32,718 | 5,232 | 31,599 | 10,099 | -31,696 | 29,277 | -27,988 | 16,460 | 462 | 25,923 | 5,109 | -17,962 | -11,809 | -73,749 | 20,417 | 14,954 | -145 | 505 | 27,492 | 2,885 | |
9905 |
-32,718 | 5,232 | 31,599 | 10,099 | -31,696 | 29,277 | -27,988 | 16,460 | 462 | 25,923 | 5,109 | -17,962 | -11,809 | -73,749 | 20,417 | 14,954 | -145 | 505 | 27,492 | 2,885 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-40,929 | -8,211 | -13,442 | -45,042 | -55,141 | -54,276 | -83,553 | -55,565 | -72,025 | -72,487 | -98,411 | -103,520 | -85,558 | -73,749 | 20,417 | 7,907 | -7,047 | -6,902 | -7,407 | -34,899 | |
14P |
-8,211 | -13,442 | -45,042 | -55,141 | -23,445 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | 30,831 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 20,417 | 7,907 | - | - | - | - | |
6921 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 20,417 | 7,907 | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
1.2 | 1.3 | 2 | - | 2.4 | 3.1 | 3 | 2.2 | 2 | 2.3 | 2.2 | 1.7 | 1.7 | 3.2 | 3 | 2 | 3.2 | 3 | 3.2 | 3.5 | |
Hours worked1013 |
2,065 | 2,176 | 1,744 | - | 945 | 1,397 | 4,738 | 3,527 | 3,474 | 3,580 | 3,999 | 3,072 | 2,502 | 4,081 | 4,072 | 2,494 | 5,463 | 5,208 | 5,510 | 5,661 | |
| Document | |||||||||||||||||||||
The accounts for 4 older financial years (2002-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 6 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 25-09-2026.
2025 annual accounts filed 56 days after the deadline. Filed on 25 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00532187.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 25-09-2026 | 2026-00532187 | |
| 31-12-2024 | micro format | 10-10-2025 | 2025-00544095 | |
| 31-12-2023 | micro format | 24-07-2024 | 2024-00285666 | |
| 31-12-2022 | micro format | 25-07-2023 | 2023-00267773 | |
| 31-12-2021 | micro format | 27-07-2022 | 2022-20230285 | |
| 31-12-2020 | micro format | 26-07-2021 | 2021-39900184 | |
| 31-12-2019 | micro format | 23-07-2020 | 2020-33500056 | |
| 31-12-2018 | micro format | 22-07-2019 | 2019-35700455 | |
| 31-12-2017 | micro format | 13-07-2018 | 2018-33100276 | |
| 31-12-2016 | micro format | 18-07-2017 | 2017-33300398 | |
| 31-12-2015 | full format | 18-07-2016 | 2016-33300155 | |
| 31-12-2014 | full format | 01-07-2015 | 2015-26700130 | |
| 31-12-2013 | full format | 30-06-2014 | 2014-25700143 | |
| 31-12-2012 | full format | 01-07-2013 | 2013-26100061 | |
| 31-12-2011 | full format | 05-07-2012 | 2012-26500544 | |
| 31-12-2010 | full format | 04-07-2011 | 2011-26800420 | |
| 31-12-2009 | full format | 07-07-2010 | 2010-28200035 | |
| 31-12-2008 | full format | 30-06-2009 | 2009-33400279 | |
| 31-12-2007 | full format | 30-06-2008 | 2008-32200351 | |
| 31-12-2006 | full format | 16-07-2007 | 2007-41600181 | |
| 31-12-2005 | full format | 19-07-2006 | 2006-49603811 | |
| 31-12-2004 | full format | 30-06-2005 | 2005-38404581 | |
| 31-12-2003 | full format | 06-07-2004 | 2004-40803280 | |
| 31-12-2002 | full format | 17-09-2003 | 2003-67203940 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -27,125 | 11,101 | 44,403 | 42,913 | 40,249 | 90,592 | 51,835 | 98,210 | 86,867 | 107,415 | 92,548 | 67,041 | 82,660 | 36,187 | 89,526 | 84,805 | 31,058 | 40,920 | 22,413 | 74,764 | ||
| -29,202 | 8,855 | 40,069 | 40,084 | 34,313 | 83,889 | 45,377 | 89,645 | 75,218 | 100,856 | 78,317 | 61,218 | 72,026 | 20,663 | 75,211 | 76,185 | 57,562 | 56,523 | 86,882 | 59,764 | ||
| 578 | 2,482 | 0 | 1,836 | 2,164 | 13,653 | 4,515 | 11,157 | 9,143 | 58,507 | 48,759 | 1,888 | 88,270 | 431,311 | 7,232 | 31,625 | 32,259 | 4,964 | 8,773 | 38,102 | ||
| 8,754 | -4,033 | 16,181 | -745 | -9,650 | 5,467 | -14,335 | -1,908 | -7,144 | 36,146 | 15,011 | -6,448 | -15,887 | -22,942 | 28,192 | 3,454 | -933 | -13,632 | 26,358 | - | ||
| 13,012 | 38,265 | 31,891 | -8,178 | -20,863 | -7,827 | -53,832 | -37,834 | -55,996 | -61,849 | -108,890 | -122,208 | -120,925 | -69,319 | -11,638 | -26,626 | -30,964 | -7,221 | -38,867 | -67,613 | ||
| 32.6% | 71.9% | 78.2% | 37.9% | 12.4% | 24.6% | 7.8% | 15.1% | 7.8% | 6.3% | 0.1% | -0.9% | 2.4% | 4.4% | 34.5% | 25.2% | 18.5% | 14.5% | 13.3% | 7.0% | ||
| 1.25 | 2.63 | 3.09 | 0.78 | 0.69 | 0.88 | 0.38 | 0.58 | 0.47 | 0.48 | 0.17 | 0.06 | 0.10 | 0.28 | 0.86 | 0.65 | 0.63 | 0.94 | 0.70 | 0.54 | ||
| 1.25 | 2.63 | 3.09 | 0.78 | 0.69 | 0.88 | 0.38 | 0.58 | 0.47 | 0.48 | 0.17 | 0.05 | 0.09 | 0.27 | 0.85 | 0.64 | 0.62 | 0.92 | 0.69 | 0.53 | ||
| 2.07 | 0.39 | 0.28 | 1.64 | 7.04 | 3.07 | 11.90 | 5.62 | 11.82 | 14.83 | - | - | 40.74 | 21.86 | 1.90 | 2.96 | 4.40 | 5.87 | 6.52 | 13.38 | ||
| -120.0% | 8.7% | 57.7% | 43.6% | -242.7% | 65.4% | -180.8% | 37.9% | 1.7% | 97.7% | - | - | -87.7% | -291.7% | 20.6% | 19.0% | -0.2% | 0.8% | 43.4% | 8.1% | ||
| -39.1% | 6.3% | 45.1% | 16.5% | -30.2% | 16.1% | -14.0% | 5.7% | 0.1% | 6.2% | 1.2% | -3.7% | -2.1% | -12.8% | 7.1% | 4.8% | 0.0% | 0.1% | 5.8% | 0.6% | ||
| -14.49 | 4.88 | 10.25 | 17.68 | 7.41 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2021 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 2 | 2 |
| full-time | 1 | 1 | 2 | 2 |
| in full-time equivalents | 1 | 1 | 2 | 2 |
| 1.2 | 1.3 | 2 | 2.4 | |
| On a permanent contract | 1 | 1 | 2 | 2 |
| Joined | 3 | 6 | - | 2 |
| Left | 3 | 7 | - | 3 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €578 | €2,482 | - | €1,836 | €2,164 |
| €3,517 | €3,624 | €8,470 | €29,985 | €66,008 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €30,641, after a profit of €7,478 in 2024. It is the lowest result since 2012.
Debt's share of the balance-sheet total rises from 28.1% to 67.4%. Equity is lower and debt is higher.
SOFRAZ has no parent and no holdings in its annual accounts. SOFRAZ shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| BLUEWAVE registered office Rue des Sapeurs-pompiers 9, 7100 La Louvière | 23-07-2002 | 2.094.707.575 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 55015B0025/19F000 | 324 m² | 1 · 325 m² | 6.2 m · 2 |
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