Summary
SOFRE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.1m and a net result of €208,141. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 92% of 5587 sector peers (fiscal year 2025). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
15 d early
2023
34 d early
2022
31 d late
2021
19 d early
2020
36 d early
2019
35 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 16 July (4 of the last 5 filed years within 43 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What changed in the latest annual accounts?What changed What held for this company on a given day: board, seat, name?Company as of a date
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€1.1m▼ 65.7%
2024 · €3.3m
Net result
€208,141▲ 223%
2024 · €64,392
Total assets
€1.2m▼ 65.0%
2024 · €3.4m
Solvency
96.5%▼ 2.0pp
2024 · 98.6%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€54,036€85,791-€27,159€4,175-€8,395
Net result€17,063within the sector's middle half▼ 84.0%€43,075within the sector's middle half▲ 152%€7,887within the sector's middle half▼ 81.7%€64,392within the sector's middle half▲ 716%€208,141above the sector's middle half▲ 223%
Equity€3.5mabove the sector's middle half▲ 0.5%€3.3mabove the sector's middle half▼ 6.0%€3.3mabove the sector's middle half▲ 0.2%€3.3mabove the sector's middle half▲ 2.0%€1.1mwithin the sector's middle half▼ 65.7%
Total assets€3.6mabove the sector's middle half=€3.4mabove the sector's middle half▼ 4.5%€3.3mabove the sector's middle half▼ 3.6%€3.4mabove the sector's middle half▲ 2.3%€1.2mwithin the sector's middle half▼ 65.0%
Debt€121,213▼ 12.2%€168,044▲ 38.6%€36,131▼ 78.5%€49,023▲ 35.7%€41,038▼ 16.3%
Working capital€2.5mabove the sector's middle half▲ 2.2%€2.3mabove the sector's middle half▼ 6.7%€2.3mabove the sector's middle half▲ 0.4%€2.3mabove the sector's middle half▲ 1.0%€162,466within the sector's middle half▼ 93.0%
Solvency96.6%above the sector's middle half▲ 0.5pp95.1%above the sector's middle half▼ 1.5pp98.9%above the sector's middle half▲ 3.8pp98.6%above the sector's middle half▼ 0.4pp96.5%above the sector's middle half▼ 2.0pp
Current ratio30.03above the sector's middle half▼ 3.2516.30above the sector's middle half▼ 13.7364.83above the sector's middle half▲ 48.539.99above the sector's middle half
Return on assets (ROA)0.5%below the sector's middle half▼ 2.5pp1.3%within the sector's middle half▲ 0.8pp0.2%below the sector's middle half▼ 1.0pp1.9%within the sector's middle half▲ 1.7pp17.6%above the sector's middle half▲ 15.7pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2025 Net result +223% on 2024. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €8,395 after €4,175 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€1.0m ▼ 3.9%
Current assets
€180,534 ▼ 92.3%
Equity and liabilities €1.2m
Equity
€1.1m ▼ 65.7%
Debt
€41,038 ▼ 16.3%
Debt's share of the balance-sheet total rises from 1.4% to 3.5%. Equity and debt are lower.
Key figures and ratios
ROE
18.2%▲
2024 · 1.9%
Debt ≤ 1 year
€18,068▲
2024 · €16,140
Debt > 1 year
€22,971▼
2024 · €32,883
Income taxes
€1,041▼
2024 · €5,062
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €63,675 | €63,452 | €48,017 | €54,910 | €45,887 | ▼ 16.4% |
| Other operating charges640/8 | €5,947 | €6,053 | €6,260 | €6,226 | €6,822 | ▲ 9.6% |
| Gross operating margin9900 | €15,587 | €155,296 | €27,118 | €65,311 | €44,314 | ▼ 32.1% |
| Operating profit (loss)9901 | -€54,036 | €85,791 | -€27,159 | €4,175 | -€8,395 | ▼ 301% |
| Financial income75/76B | €160,880 | €57,172 | €48,504 | €74,371 | €223,852 | ▲ 201% |
| Recurring financial income75 | €160,880 | €57,172 | €48,504 | €74,371 | €223,852 | ▲ 201% |
| Financial charges65/66B | €16,870 | €73,715 | €29,439 | €9,092 | €6,274 | ▼ 31.0% |
| Recurring financial charges65 | €16,870 | €73,715 | €29,439 | €9,092 | €6,274 | ▼ 31.0% |
| Profit (loss) for the period before taxes9903 | €89,975 | €69,248 | -€8,093 | €69,454 | €209,182 | ▲ 201% |
| Income taxes67/77 | €72,912 | €26,173 | -€15,980 | €5,062 | €1,041 | ▼ 79.4% |
| Profit (loss) for the period9904 | €17,063 | €43,075 | €7,887 | €64,392 | €208,141 | ▲ 223% |
| Transfer from tax-exempt reserves789 | €310,000 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €327,063 | €43,075 | €7,887 | €64,392 | €208,141 | ▲ 223% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.6m | €3.4m | €3.3m | €3.4m | €1.2m | ▼ 65.0% |
| Fixed assets21/28 | €1.1m | €990,820 | €970,474 | €1.0m | €1.0m | ▼ 3.9% |
| Tangible fixed assets22/27 | €1.1m | €990,820 | €970,474 | €1.0m | €1.0m | ▼ 3.9% |
| Land and buildings22 | €946,687 | €919,675 | €900,000 | €900,000 | €900,000 | = |
| Plant, machinery and equipment23 | €99,851 | €70,672 | €42,803 | €14,934 | €5,695 | ▼ 61.9% |
| Furniture and vehicles24 | €7,734 | €474 | €27,671 | €130,055 | €98,635 | ▼ 24.2% |
| Current assets29/58 | €2.5m | €2.4m | €2.3m | €2.3m | €180,534 | ▼ 92.3% |
| Amounts receivable after more than one year29 | €1.0m | €1.0m | €1.0m | €1.0m | - | - |
| Other amounts receivable291 | €1.0m | €1.0m | €1.0m | €1.0m | - | - |
| Amounts receivable within one year40/41 | €42,957 | €30,188 | €70,645 | €281,495 | €171,547 | ▼ 39.1% |
| Trade receivables40 | €27,478 | €30,188 | €30,194 | €32,946 | €3,509 | ▼ 89.3% |
| Other amounts receivable41 | €15,479 | - | €40,450 | €248,549 | €168,038 | ▼ 32.4% |
| Current investments50/53 | €1.3m | €1.2m | €999,783 | €873,135 | - | - |
| Cash at bank and in hand54/58 | €230,226 | €187,623 | €263,246 | €181,750 | €5,567 | ▼ 96.9% |
| Deferred charges and accrued income490/1 | €2,579 | €2,722 | €3,276 | €3,339 | €3,419 | ▲ 2.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.6m | €3.4m | €3.3m | €3.4m | €1.2m | ▼ 65.0% |
| Equity10/15 | €3.5m | €3.3m | €3.3m | €3.3m | €1.1m | ▼ 65.7% |
| Contributions10/11 | €429,000 | €177,000 | €177,000 | €177,000 | €177,000 | = |
| Capital10 | €429,000 | €177,000 | €177,000 | €177,000 | €177,000 | = |
| Issued capital100 | €429,000 | €177,000 | €177,000 | €177,000 | €177,000 | = |
| Reserves13 | €3.0m | €3.1m | €3.1m | €3.2m | €966,825 | ▼ 69.4% |
| Non-distributable reserves130/1 | €42,900 | €17,700 | €17,700 | €17,700 | €17,700 | = |
| Legal reserve130 | €42,900 | €17,700 | €17,700 | €17,700 | €17,700 | = |
| Distributable reserves133 | €3.0m | €3.1m | €3.1m | €3.1m | €949,125 | ▼ 69.8% |
| Amounts payable17/49 | €121,213 | €168,044 | €36,131 | €49,023 | €41,038 | ▼ 16.3% |
| Amounts payable after more than one year17 | €36,666 | €18,333 | - | €32,883 | €22,971 | ▼ 30.1% |
| Financial debts170/4 | €36,666 | €18,333 | - | €32,883 | €22,971 | ▼ 30.1% |
| Amounts payable within one year42/48 | €84,547 | €149,711 | €36,046 | €16,140 | €18,068 | ▲ 11.9% |
| Current portion of amounts payable after more than one year42 | €26,972 | €18,333 | €18,333 | €9,501 | €9,912 | ▲ 4.3% |
| Trade debts44 | - | - | - | €369 | €518 | ▲ 40.4% |
| Suppliers440/4 | - | - | - | €369 | €518 | ▲ 40.4% |
| Taxes, remuneration and social security45 | €54,549 | €69,409 | €14,688 | €3,245 | €4,613 | ▲ 42.2% |
| Taxes450/3 | €54,549 | €69,409 | €14,688 | €3,245 | €4,613 | ▲ 42.2% |
| Other amounts payable47/48 | €3,025 | €61,968 | €3,025 | €3,025 | €3,025 | = |
| Accrued charges and deferred income492/3 | - | - | €85 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,063 | €43,075 | €7,887 | €64,392 | €208,141 | ▲ 223% |
| + Depreciation and write-downs630 | €63,675 | €63,452 | €48,017 | €54,910 | €45,887 | ▼ 16.4% |
| Operating cash flow (approximation) | €80,738 | €106,527 | €55,904 | €119,302 | €254,029 | ▲ 113% |
| Investment in fixed assets (approximation) | - | €0 | -€27,671 | -€129,425 | -€5,229 | ▲ 96.0% |
| Change in cash | - | -€42,603 | €75,624 | -€81,497 | -€176,183 | ▼ 116% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 144.96
Current ratio from 64.83 to 144.96; short-term debt falls from €36,046 to €16,140.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 64.83
Current ratio from 16.30 to 64.83; short-term debt falls from €149,711 to €36,046.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €106,623
Net result €106,623 after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 33.29
Current ratio from 6.84 to 33.29; short-term debt falls from €366,009 to €74,366.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet -€34,679
Net result drops to -€34,679, the lowest in the series; recovery starts the following year.
Show earlier events
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
10 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2002
Ground area
1,114 m²
Building footprint
241 m²
Volume, LiDAR
4,691 m³
Parcel 71327G0240/00R002, Flanders · tallest building 22.5 m, ±7 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Thonissenlaan 110, 3500 Hasselt
since 20022.096.067.357
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71327G0240/00R002 | Flanders | 1,114 m² | 1 · 241 m² | 22.5 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ALTAIR GLOBAL HOLDING
BE 0897.104.795
Zaventem · Eq €1,144,008
FERNAND TALPE
BE 0442.782.729
Brugge · Eq €1,145,434
SIMCO INVEST
BE 0538.527.469
Manage · Eq €1,145,784
LOUAN
BE 0862.154.707
Lochristi · Eq €1,146,545
Verofar
BE 0690.815.687
Zwalm · Eq €1,140,939
Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 12,372 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded29-04-2002
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0477456764
Also
9925:BE0477456764
Registered
19-01-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationOrdinary general meeting
Verslag bestuurders. Goedkeuring jaarrekening. Aanwending resultaat. Ontlasting bestuurders.