SOGEFIM
ActiveSummary
SOGEFIM has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.4m and a net result of €40,389. Equity is growing by ~6.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability35▲+18
Solvency56▼-8
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €350,000 at 30 days acceptable
Liquidity short (current ratio 0.6 against 1.02 in 2024; short-term debt: 36.6% and cash: 1% of total assets), and 68.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
31.3%
Return on assets
0.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-11-2025, 74 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
74 d early
2024
50 d early
2023
42 d early
2022
10 d early
2021
5 d early
2020
5 d late
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 25 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€6.4m▲ 0.6%
2024 · €6.3m
Total assets
€20.4m▲ 24.4%
2024 · €16.4m
Net result
€40,389
2024 · -€537,707
Working capital
-€2.9m
2024 · €144,431
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€333,498▲ 120%€2.9m▲ 757%€924,983▼ 67.6%-€262,041€317,412
Net result€8,511€2.1m▲ 24,257%€558,482▼ 73.1%-€537,707€40,389
Equity€4.2m▲ 0.2%€6.3m▲ 48.9%€6.9m▲ 8.8%€6.3m▼ 7.8%€6.4m▲ 0.6%
Total assets€15.0m▼ 7.3%€18.1m▲ 20.5%€17.7m▼ 2.2%€16.4m▼ 7.3%€20.4m▲ 24.4%
Debt€9.7m▼ 10.4%€10.2m▲ 5.2%€9.1m▼ 10.7%€8.4m▼ 7.6%€12.5m▲ 48.2%
Working capital-€2.2m▼ 7.1%€1.6m€2.0m▲ 23.4%€144,431▼ 92.7%-€2.9m
Staff (FTE)0.50.5=0.5=0.3▼ 40.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €317,412 after a loss of €262,041 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €20.4m
Fixed assets
€15.9m ▲ 63.0%
Current assets
€4.5m ▼ 32.2%
Equity and liabilities €20.4m
Equity
€6.4m ▲ 0.6%
Provisions
€1.5m ▼ 7.4%
Debt
€12.5m ▲ 48.2%
Debt's share of the balance-sheet total rises from 51.6% to 61.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€777,409▲
2024 · €88,274
Cash flow
€500,385▲
2024 · -€187,392
Current ratio
0.60▼
2024 · 1.02
Quick ratio
0.19▼
2024 · 0.55
Debt to equity
1.96▲
2024 · 1.33
ROE
0.6%▲
2024 · -8.5%
ROA
0.2%▲
2024 · -3.3%
Interest coverage
1.88▲
2024 · 0.23
Debt ≤ 1 year
€7.5m▲
2024 · €6.5m
Debt > 1 year
€5.0m▲
2024 · €1.8m
Income taxes
€60▼
2024 · €351
Staff costs
€29,570▼
2024 · €40,854
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 16,986 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €6,492 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €35,196 | €39,686 | €40,854 | €29,570 | ▼ 27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €353,084 | €376,386 | €332,427 | €350,315 | €459,996 | ▲ 31.3% |
| Other operating charges640/8 | - | €40,644 | €42,921 | €47,553 | €73,369 | ▲ 54.3% |
| Non-recurring operating charges66A | - | €128 | €0 | - | - | - |
| Gross operating margin9900 | €740,841 | €3.3m | €1.3m | €176,681 | €880,348 | ▲ 398% |
| Operating profit (loss)9901 | €333,498 | €2.9m | €924,983 | -€262,041 | €317,412 | ▲ 221% |
| Financial income75/76B | - | €47,276 | €61,650 | €43,316 | €18,211 | ▼ 58.0% |
| Recurring financial income75 | €6,586 | €47,276 | €61,650 | €43,316 | €18,211 | ▼ 58.0% |
| Financial charges65/66B | - | €204,650 | €261,184 | €381,220 | €414,083 | ▲ 8.6% |
| Recurring financial charges65 | €354,475 | €204,650 | €261,184 | €381,220 | €414,083 | ▲ 8.6% |
| Profit (loss) for the period before taxes9903 | -€14,392 | €2.7m | €725,449 | -€599,944 | -€78,460 | ▲ 86.9% |
| Transfer from deferred taxes780 | - | €183,656 | €62,684 | €62,588 | €118,909 | ▲ 90.0% |
| Transfer to deferred taxes680 | - | €675,715 | €194,599 | €0 | - | - |
| Income taxes67/77 | €42,175 | €136,775 | €35,052 | €351 | €60 | ▼ 82.8% |
| Profit (loss) for the period9904 | €8,511 | €2.1m | €558,482 | -€537,707 | €40,389 | ▲ 108% |
| Transfer from tax-exempt reserves789 | - | €356,667 | €127,756 | €132,530 | €294,314 | ▲ 122% |
| Transfer to tax-exempt reserves689 | - | €2.0m | €583,796 | €0 | €25 | - |
| Profit (loss) for the period to be appropriated9905 | €134,895 | €402,598 | €102,442 | -€405,177 | €334,678 | ▲ 183% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €15.0m | €18.1m | €17.7m | €16.4m | €20.4m | ▲ 24.4% |
| Fixed assets21/28 | €10.8m | €9.1m | €8.8m | €9.7m | €15.9m | ▲ 63.0% |
| Tangible fixed assets22/27 | €10.8m | €9.1m | €8.8m | €9.7m | €10.7m | ▲ 9.8% |
| Land and buildings22 | - | €8.8m | €8.5m | €9.4m | €10.0m | ▲ 6.4% |
| Furniture and vehicles24 | - | €22,432 | €19,039 | €18,802 | €12,349 | ▼ 34.3% |
| Assets under construction and advance payments27 | - | €291,134 | €291,134 | €291,134 | €646,965 | ▲ 122% |
| Financial fixed assets28 | €11,893 | €11,893 | €11,893 | €11,893 | €5.2m | ▲ 43,596% |
| Current assets29/58 | €4.2m | €9.0m | €8.8m | €6.6m | €4.5m | ▼ 32.2% |
| Amounts receivable after more than one year29 | - | €5.1m | €3.7m | €3.2m | €910,500 | ▼ 71.8% |
| Other amounts receivable291 | - | €5.1m | €3.7m | €3.2m | €910,500 | ▼ 71.8% |
| Stocks and contracts in progress3 | €2.0m | €3.7m | €4.8m | €3.1m | €3.1m | ▼ 1.4% |
| Stocks30/36 | - | €3.7m | €4.8m | €3.1m | €3.1m | ▼ 1.4% |
| Amounts receivable within one year40/41 | - | €89,908 | €66,517 | €63,594 | €295,366 | ▲ 364% |
| Trade receivables40 | - | - | €5,412 | €0 | - | - |
| Other amounts receivable41 | - | €89,908 | €61,105 | €63,594 | €295,366 | ▲ 364% |
| Cash at bank and in hand54/58 | €94,000 | €60,407 | €208,210 | €206,682 | €208,438 | ▲ 0.8% |
| Deferred charges and accrued income490/1 | - | €44,662 | €60,863 | €48,930 | €31,450 | ▼ 35.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €15.0m | €18.1m | €17.7m | €16.4m | €20.4m | ▲ 24.4% |
| Equity10/15 | €4.2m | €6.3m | €6.9m | €6.3m | €6.4m | ▲ 0.6% |
| Contributions10/11 | - | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Reserves13 | €2.8m | €4.9m | €5.5m | €4.9m | €5.0m | ▲ 0.8% |
| Non-distributable reserves130/1 | - | €89,948 | €89,948 | €0 | - | - |
| Reserves not available under the articles1311 | - | €89,948 | €89,948 | €0 | - | - |
| Tax-exempt reserves132 | - | €3.7m | €4.1m | €4.0m | €3.7m | ▼ 7.3% |
| Distributable reserves133 | - | €1.1m | €1.3m | €935,555 | €1.3m | ▲ 35.8% |
| Provisions and deferred taxes16 | €1.0m | €1.5m | €1.7m | €1.6m | €1.5m | ▼ 7.4% |
| Deferred taxes168 | - | €1.5m | €1.7m | €1.6m | €1.5m | ▼ 7.4% |
| Amounts payable17/49 | €9.7m | €10.2m | €9.1m | €8.4m | €12.5m | ▲ 48.2% |
| Amounts payable after more than one year17 | €3.2m | €2.5m | €2.2m | €1.8m | €5.0m | ▲ 172% |
| Financial debts170/4 | - | €2.5m | €2.2m | €1.8m | €3.4m | ▲ 85.8% |
| Other amounts payable178/9 | - | €28,443 | €28,443 | €0 | €1.6m | - |
| Amounts payable within one year42/48 | €6.3m | €7.4m | €6.9m | €6.5m | €7.5m | ▲ 14.6% |
| Current portion of amounts payable after more than one year42 | - | €305,919 | €310,115 | €318,584 | €425,282 | ▲ 33.5% |
| Financial debts43 | - | €6.0m | €5.5m | €5.5m | €6.0m | ▲ 8.4% |
| Credit institutions430/8 | - | €6.0m | €5.5m | €5.5m | €6.0m | ▲ 8.4% |
| Trade debts44 | €294,622 | €359,485 | €389,117 | €304,725 | €873,412 | ▲ 187% |
| Suppliers440/4 | - | €359,485 | €389,117 | €304,725 | €873,412 | ▲ 187% |
| Taxes, remuneration and social security45 | - | €8,980 | €8,972 | €8,914 | €60 | ▼ 99.3% |
| Taxes450/3 | - | €2,028 | €1,310 | €971 | €60 | ▼ 93.8% |
| Remuneration and social security454/9 | - | €6,952 | €7,662 | €7,943 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €745,444 | €620,101 | €352,800 | €172,449 | ▼ 51.1% |
| Accrued charges and deferred income492/3 | - | €339,253 | €99,027 | €105,841 | €54,366 | ▼ 48.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,511 | €2.1m | €558,482 | -€537,707 | €40,389 | ▲ 108% |
| + Depreciation and write-downs630 | €353,084 | €376,386 | €332,427 | €350,315 | €459,996 | ▲ 31.3% |
| Operating cash flow (approximation) | €361,595 | €2.4m | €890,909 | -€187,392 | €500,385 | ▲ 367% |
| Investment in fixed assets (approximation) | - | €1.4m | -€99,377 | -€1.2m | -€6.6m | ▼ 434% |
| Change in cash | - | -€33,593 | €147,803 | -€1,529 | €1,756 | ▲ 215% |
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
2025
18-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Back to profitnet €40,389
Net result €40,389 after one loss-making year.
2024
12-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Weakest financial yearnet -€537,707
Net result drops to -€537,707, the lowest in the series; recovery starts the following year.
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
21-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Highest result since 2019net €2.1m ▲24,257%
Operating result €2.9m, net result €2.1m, both a record.
30-06
Financial
Equity above €5mEq €6.3m ▲48.9%
2 profitable years in a row build equity to €6.3m.
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Back to profitnet €8,511
Net result €8,511 after one loss-making year.
05-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 5 days late
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
11-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 39 days late
2018
12-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
28-12
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 15 acts read
About the unread acts
We know of 15 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
15 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, Gent · 1 establishment unit since 1992
Ground area
259 m²
Building footprint
248 m²
Volume, LiDAR
2,611 m³
2 parcels, Flanders · tallest building 15.9 m, ±4 floors. Linked by address, not a title deed.
14
companies at this address
See who is registered here
1 establishment unit
Kortrijksesteenweg 267, 9000 Gent
since 19922.056.096.924
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44808H0001/00G020 | Flanders | 141 m² | 1 · 141 m² | 15.9 m · 4 fl. |
| 44804D2841/00N013 | Flanders | 118 m² | 1 · 108 m² | 15.6 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 owner · 3 holdingsChain of control
- CITY CONCEPT
- SOGEFIM
Highest known parent: CITY CONCEPT. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 3
-
100%
-
100%
-
50%
According to the annual accounts to 30-06-2025 of SOGEFIM and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
98450003774D76536482
Identification & contact
Identification
Legal formPrivate limited company
Founded13-12-1991
Fiscal year end30-06
E-invoicing
Reachable via Peppol
Peppol ID
0208:0446047174
Also
9925:BE0446047174
Registered
18-06-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.