SOGALFA
ActiveSOGALFA has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €317k and a net result of €8k. Equity is shrinking by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 19% of 455 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
43
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability31▲+15
Solvency40=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days only on tighter terms
Liquidity short (current ratio 0.16 against 0.13 in 2024; short-term debt: 80.9% and cash: 0.6% of total assets), and 84.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
15.1%
Return on assets
0.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 455 sector peers (2025).
NBB · sector comparisonPosition among 455 sector peers
Solvency
better than 19%
← weakest
strongest →
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
on the day
2023
on the day
2022
2 d early
2021
3 d early
2020
31 d late
2019
138 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€8k
2024 · €-41k
2018: €-781
2019: €6k
2020: €-51k
2021: €-38k
2022: €9k
2023: €-16k
2024: €-41k
2018 → 2025
Working capital
€-1.43M▼ 1.8%
2024 · €-1.41M
2018: €-100k
2019: €-1.15M
2020: €-1.22M
2021: €-1.27M
2022: €-1.29M
2023: €-1.34M
2024: €-1.41M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€357k-€365k▲ 2.4%€349k▼ 4.4%€308k▼ 11.8%€317k▲ 2.7%
Operating result€-12k-€38k€31k▼ 17.9%€-16k€31k
Net result€-38k-€9k€-16k€-41k▼ 158%€8k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €31k after a loss of €16k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.09M
Fixed assets
€1.83M▲ 0.1%
Current assets
€263k▲ 29.2%
Equity and liabilities €2.09M
Equity
€317k▲ 2.7%
Debt
€1.78M▲ 3.1%
The debt ratio stays at 84.9%.
Key figures and ratios
EBITDA
€32k▲
2024 · €-14k
Cash flow
€10k▲
2024 · €-39k
Solvency
15.1%▼
2024 · 15.2%
Current ratio
0.16▲
2024 · 0.13
Quick ratio
0.14▲
2024 · 0.11
Debt / equity
5.62▲
2024 · 5.60
ROE
2.6%▲
2024 · -13.3%
ROA
0.4%▲
2024 · -2.0%
Interest coverage
1.44▲
2024 · -0.55
Debt
€1.78M▲
2024 · €1.72M
Debt ≤ 1 year
€1.70M▲
2024 · €1.61M
Debt > 1 year
€83k▼
2024 · €114k
Staff costs
€133k▲
2024 · €127k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.03M€2.09M▲
Fixed assets21/28€1.83M€1.83M▲
Tangible fixed assets22/27€529k€532k▲
Land and buildings22€526k€526k=
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24-€4k
Financial fixed assets28€1.30M€1.30M=
Current assets29/58€204k€263k▲
Stocks and contracts in progress3€20k€20k=
Stocks30/36€20k€20k=
Amounts receivable within one year40/41€182k€229k▲
Trade receivables40€178k€218k▲
Other amounts receivable41€4k€11k▲
Cash at bank and in hand54/58€1k€13k▲
Deferred charges and accrued income490/1€639€1k▲
Equity and liabilities
Total equity and liabilities10/49€2.03M€2.09M▲
Equity10/15€308k€317k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€246k€254k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€240k€248k▲
Amounts payable17/49€1.72M€1.78M▲
Amounts payable after more than one year17€114k€83k▼
Financial debts170/4€114k€83k▼
Amounts payable within one year42/48€1.61M€1.70M▲
Current portion of amounts payable after more than one year42€33k€31k▼
Trade debts44€23k€58k▲
Suppliers440/4€23k€58k▲
Advances received on contracts in progress46€156k€214k▲
Taxes, remuneration and social security45€123k€95k▼
Taxes450/3€81k€59k▼
Remuneration and social security454/9€42k€36k▼
Other amounts payable47/48€1.28M€1.30M▲
Income statement
Code20242025
Remuneration, social security and pensions62€127k€133k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€1k▼
Other operating charges640/8€5k€6k▲
Gross operating margin9900€118k€171k▲
Operating profit (loss)9901€-16k€31k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€25k€22k▼
Recurring financial charges65€25k€22k▼
Profit (loss) for the period before taxes9903€-41k€8k▲
Profit (loss) for the period9904€-41k€8k▲
Profit (loss) for the period to be appropriated9905€-41k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-41k€8k▲
Transfer from equity791/2€41k-
Transfer to equity691/2-€8k
To other reserves6921-€8k
Social balance
Average headcount (FTE)90871.81.8=
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
29-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-51k ▼886%
Net result drops to €-51k, the lowest in the series; recovery starts the following year.
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 138 days late
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 70 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
02-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Ukkel · 1 establishment unit since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Waterloosesteenweg 14371180 UkkelGround area
810 m²
Building footprint
449 m²
Volume, LiDAR
2,098 m³
Parcel 21614H0007/00G012, Brussels · tallest building 14.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Waterloosesteenweg 1437, 1180 Ukkel
since 19942.069.193.013
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614H0007/00G012 | Brussels | 810 m² | 1 · 449 m² | 14.9 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBuissonville
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Of 1,280 companies in sector 81100 we hold annual accounts for 677. 465 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-09-1994
Fiscal year end31-12
Activities, NACEBEL
68322Real estate appraisal on a fee or contract basis
70321
81100Combined facilities support activities
70200Business and other management consultancy
70220Business consulting
70322
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.