Turnover
≈ €430,000 estimated
The micro format states no turnover.
SOFRESH
Lifetime
2 annual accounts with figures on one time axispeak €49,070 (2024)
€36,590▼ 25.4%
peak €29,135 (2024)
€4,509▼ 84.5%
peak €36,293 (2025)
€36,293▲ 12.9%
€69,390▲ 222%
Board1 name since 2023
1 directorIZMAR Mohammed
Documentsfilings and deeds
18-08-202618 days late
2025micro format
Gross margin from €49,070 to €36,590Result from €29,135 to €4,509Equity from €32,135 to €36,293Debts from €21,568 to €69,390Cash from €11,778 to €1,148
Key points
from the 2025 annual accountsInvestments
€43,542 7.4 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.55 was 2.49 in 2024
Short-term debts rose from €21,568 to €43,965.
2025 accounts filed 18 days after the deadline
Checked score
52
Fair
Financially stronger than 46% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2025: 1.9%
02-2025: 1.9%● unchanged vs 01-2025
03-2025: 2.0%▲ +0.1 percentage points vs 02-2025
04-2025: 2.4%▲ +0.4 percentage points vs 03-2025
05-2025: 2.4%● unchanged vs 04-2025
06-2025: 2.7%▲ +0.3 percentage points vs 05-2025highest value
07-2025: 0.8%▼ -1.9 percentage points vs 06-2025lowest value
08-2025: 0.8%● unchanged vs 07-2025lowest value
09-2025: 0.8%● unchanged vs 08-2025
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.9%▲ +0.1 percentage points vs 11-2025
01-2026: 0.9%● unchanged vs 12-2025
02-2026: 0.8%▼ -0.1 percentage points vs 01-2026
03-2026: 0.9%▲ +0.1 percentage points vs 02-2026
04-2026: 0.9%● unchanged vs 03-2026
05-2026: 1.0%▲ +0.1 percentage points vs 04-2026
06-2026: 1.0%● unchanged vs 05-2026
07-2026: 1.0%● unchanged vs 06-2026
08-2026: 1.7%▲ +0.7 percentage points vs 07-2026
09-2026: 2.5%▲ +0.8 percentage points vs 08-2026
10-2026: 2.5%● unchanged vs 09-2026
11-2026: 2.5%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2023
Liquidity: current ratio 1.55, cash €1,148, halved
Size: total assets €105,683
Sector: Retail trade (NACE 47)
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 47, micro). It does better than 50% of them on solvency, 29% on liquidity, 42% on profitability and 65% 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 moderate class on 30-06-2025, 2.4% 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, 2,546 companies had the same profile as SOFRESH has now. Each dot stands for 7 companies, two years later.
94.3%
were still trading
3.2%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SOFRESH itself: 2.5% 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.
| 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 2,546 companies, not a prediction for SOFRESH. 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 €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.55 (2.49 in 2024), above the usual 1.5. Short-term debt is 41.6% and cash 1.1% of total assets. However, 65.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises risk
raises risk · 2025 accounts filed 18 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
18 days late
2024
33 days 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 8 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1003409966
Incorporation
Founding capital of €3,000, 100 shares · Founder: IZMAR Mohammed · Appointment: IZMAR Mohammed (director) · published on 18-12-2023 · Gazette deed
First establishment
Jean-Baptiste Vanpéstraat 29, Forest
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SOFRESH Forest | €105,683 | €36,590 | 34.3% | - |
| Phuong VY Brussels | €105,780 | €32,924 | 2.2% | - |
| ASLAM FOOD Ixelles | €113,123 | €46,872 | 32.6% | - |
| SUNRISE EXPRESS Anderlecht | €93,986 | €33,811 | 9.8% | - |
| Baba Market Antwerp | €113,404 | €41,217 | 15.7% | - |
| VITPOL Roosdaal | €88,467 | €35,395 | 42.6% | - |
| Vers Markt Mortsel Mortsel | €111,652 | €42,743 | 17.6% | - |
These companies have the same main activity as SOFRESH: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €88,500 and €113,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 14-12-2023Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110and 4 others
- Joint committee
- 201Independent retail · annual accounts 2025
- Establishment unit
- 2.353.198.0261190 Forest, since 14-12-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 02-01-2026
Insights on SOFRESH
The computed 12-month bankruptcy probability of SOFRESH is 2.5% (moderate). The 2025 annual accounts show equity of €36,293 and a net result of €4,509.
Its solvency ranks better than 51% of 22,939 sector peers (NACE 47, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SOFRESH
- What is the company number of SOFRESH?
- The company number of SOFRESH is 1003.409.966. The VAT number is the same number with BE in front: BE 1003.409.966.
- Where is SOFRESH based?
- The registered office is at Jean-Baptiste Vanpéstraat 29, 1190 Forest.Company details
- What does SOFRESH do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of SOFRESH?
- SOFRESH is a private limited company (BV).
- When was SOFRESH founded?
- SOFRESH was founded on 14-12-2023.
- Is SOFRESH still active?
- Yes, SOFRESH is an active enterprise in the KBO register.
- How many employees does SOFRESH have?
- SOFRESH had an average of 0.7 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does SOFRESH fall under?
- In its 2025 annual accounts, SOFRESH states joint committee 201 (Independent retail).
- What is the turnover of SOFRESH?
- The turnover in financial year 2025 is ≈ €430,000. This figure is estimated from the gross margin of €36,590 and 168 comparable companies (NACE 47110). It probably lies between €290,000 and €660,000.
- Is SOFRESH profitable?
- In financial year 2025, SOFRESH made a profit of €4,509.
- Where can I find the annual accounts of SOFRESH?
- SOFRESH filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SOFRESH due?
- SOFRESH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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