SOGEFIR
ActiveSummary
SOGEFIR has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.1m and a net result of €253,958. Equity is shrinking by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 89% of 3241 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability47▲+15
Solvency100=
Growth65▲+16
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180,000 at 30 days acceptable
Liquidity ample (current ratio 19.32 against 20.91 in 2024; short-term debt: 5% and cash: 7.9% of total assets), and 5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
95%
Return on assets
4.7%
Age of the figures
9 mo
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
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
27 d late
2023
29 d late
2022
17 d early
2021
23 d late
2020
25 d late
2019
59 d late
← 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 20 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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 23 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
€1.8m▲ 14.3%
2024 · €1.6m
EBIT margin
2.1%▼ 0.9pp
2024 · 2.9%
Net result
€253,958▲ 8,780%
2024 · €2,860
Working capital
€4.9m▲ 3.7%
2024 · €4.7m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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
Turnover€1.0m▲ 718%€1.7m▲ 70.5%€1.5m▼ 11.7%€1.6m▲ 5.8%€1.8m▲ 14.3%
Operating result-€73,444▲ 95.9%€377,798€44,437▼ 88.2%€46,515▲ 4.7%€37,581▼ 19.2%
Net result€89,435within the sector's middle half€385,465above the sector's middle half▲ 331%€152,053within the sector's middle half▼ 60.6%€2,860within the sector's middle half▼ 98.1%€253,958within the sector's middle half▲ 8,780%
EBIT margin-7.3%▲ 1454.8pp22.1%▲ 29.4pp2.9%▼ 19.1pp2.9%=2.1%▼ 0.9pp
Equity€8.8mabove the sector's middle half▲ 1.0%€9.2mabove the sector's middle half▲ 4.4%€4.9mabove the sector's middle half▼ 47.2%€4.9mabove the sector's middle half▲ 0.1%€5.1mwithin the sector's middle half▲ 5.2%
Total assets€9.0mabove the sector's middle half▲ 0.2%€9.4mabove the sector's middle half▲ 4.6%€5.1mwithin the sector's middle half▼ 45.8%€5.1mwithin the sector's middle half▲ 0.7%€5.4mwithin the sector's middle half▲ 5.3%
Debt€148,502▼ 33.8%€175,639▲ 18.3%€221,543▲ 26.1%€251,881▲ 13.7%€267,971▲ 6.4%
Working capital€8.6mabove the sector's middle half▲ 1.4%€9.0mabove the sector's middle half▲ 4.8%€4.7mabove the sector's middle half▼ 48.4%€4.7mabove the sector's middle half▲ 1.7%€4.9mabove the sector's middle half▲ 3.7%
Solvency98.3%above the sector's middle half▲ 0.8pp98.1%above the sector's middle half▼ 0.2pp95.6%above the sector's middle half▼ 2.5pp95.1%above the sector's middle half▼ 0.6pp95.0%above the sector's middle half▼ 0.1pp
Current ratio61.36above the sector's middle half▲ 22.3252.49above the sector's middle half▼ 8.8722.01above the sector's middle half▼ 30.4820.91above the sector's middle half▼ 1.1019.32above the sector's middle half▼ 1.60
Return on assets (ROA)1.0%within the sector's middle half▲ 18.9pp4.1%within the sector's middle half▲ 3.1pp3.0%within the sector's middle half▼ 1.1pp0.1%within the sector's middle half▼ 2.9pp4.7%within the sector's middle half▲ 4.7pp
Staff (FTE)5within the sector's middle half▲ 25.0%5within the sector's middle half=5within the sector's middle half=5.3within the sector's middle half▲ 6.0%5.4within the sector's middle half▲ 1.9%
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.4m
Fixed assets
€216,210 ▲ 41.5%
Current assets
€5.2m ▲ 4.2%
Equity and liabilities €5.4m
Equity
€5.1m ▲ 5.2%
Debt
€267,971 ▲ 6.4%
Debt's share of the balance-sheet total rises from 4.9% to 5.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€112,584▲
2024 · €108,998
Cash flow
€328,961▲
2024 · €65,343
Debt to equity
0.05▲
2024 · 0.05
ROE
5.0%▲
2024 · 0.1%
Interest coverage
-0.77▼
2024 · 0.71
Debt ≤ 1 year
€267,971▲
2024 · €237,605
Income taxes
€2,337▲
2024 · €2,225
Staff costs
€1.2m▲
2024 · €1.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,039 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 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 17,039 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 |
|---|---|---|---|---|---|---|
| Operating income70/76A | €1.1m | €1.7m | €1.5m | €1.6m | €1.9m | ▲ 14.6% |
| Turnover70 | €1.0m | €1.7m | €1.5m | €1.6m | €1.8m | ▲ 14.3% |
| Other operating income74 | €99,061 | €31,880 | €35,397 | €27,377 | €35,426 | ▲ 29.4% |
| Non-recurring operating income76A | €1,560 | €0 | - | - | - | - |
| Operating charges60/66A | €1.2m | €1.4m | €1.5m | €1.6m | €1.8m | ▲ 15.6% |
| Services and other goods61 | €427,588 | €444,628 | €500,816 | €434,800 | €496,319 | ▲ 14.1% |
| Remuneration, social security and pensions62 | €699,102 | €854,940 | €945,721 | €1.1m | €1.2m | ▲ 15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €45,935 | €62,335 | €50,669 | €62,483 | €75,002 | ▲ 20.0% |
| Other operating charges640/8 | €5,576 | €4,651 | €5,014 | €7,747 | €15,043 | ▲ 94.2% |
| Operating profit (loss)9901 | -€73,444 | €377,798 | €44,437 | €46,515 | €37,581 | ▼ 19.2% |
| Financial income75/76B | €167,078 | €63,199 | €108,728 | €111,203 | €71,950 | ▼ 35.3% |
| Recurring financial income75 | €167,078 | €63,199 | €108,728 | €111,203 | €71,950 | ▼ 35.3% |
| Income from financial fixed assets750 | - | - | - | - | €0 | - |
| Income from current assets751 | €149,022 | €63,164 | €106,136 | €110,969 | €71,950 | ▼ 35.2% |
| Other financial income752/9 | €18,056 | €35 | €2,592 | €233 | €0 | ▼ 100% |
| Financial charges65/66B | €3,003 | €54,120 | -€294 | €152,633 | -€146,764 | ▼ 196% |
| Recurring financial charges65 | €3,003 | €54,120 | -€294 | €152,633 | -€146,764 | ▼ 196% |
| Debt charges650 | €1,049 | €993 | €0 | - | - | - |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | €50,685 | -€50,685 | €150,000 | -€150,000 | ▼ 200% |
| Other financial charges652/9 | €1,953 | €2,442 | €50,391 | €2,633 | €3,236 | ▲ 22.9% |
| Non-recurring financial charges66B | €0 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €90,631 | €386,876 | €153,459 | €5,085 | €256,296 | ▲ 4,940% |
| Income taxes67/77 | €1,196 | €1,412 | €1,406 | €2,225 | €2,337 | ▲ 5.1% |
| Taxes670/3 | €1,196 | €1,412 | €1,406 | €2,225 | €2,354 | ▲ 5.8% |
| Tax adjustments and reversals of tax provisions77 | - | €1 | €0 | - | €17 | - |
| Profit (loss) for the period9904 | €89,435 | €385,465 | €152,053 | €2,860 | €253,958 | ▲ 8,780% |
| Profit (loss) for the period to be appropriated9905 | €89,435 | €385,465 | €152,053 | €2,860 | €253,958 | ▲ 8,780% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9.0m | €9.4m | €5.1m | €5.1m | €5.4m | ▲ 5.3% |
| Fixed assets21/28 | €228,421 | €195,901 | €212,553 | €152,766 | €216,210 | ▲ 41.5% |
| Tangible fixed assets22/27 | €223,407 | €173,810 | €182,665 | €148,152 | €202,596 | ▲ 36.7% |
| Plant, machinery and equipment23 | - | - | - | - | €12,618 | - |
| Furniture and vehicles24 | €171,224 | €123,832 | €138,260 | €109,320 | €99,191 | ▼ 9.3% |
| Other tangible fixed assets26 | €52,183 | €49,978 | €44,405 | €38,832 | €90,787 | ▲ 134% |
| Financial fixed assets28 | €5,014 | €22,091 | €29,887 | €4,614 | €13,614 | ▲ 195% |
| Other financial fixed assets284/8 | €5,014 | €22,091 | €29,887 | €4,614 | €13,614 | ▲ 195% |
| Shares284 | €14 | €14 | €14 | €14 | €14 | ▼ 4.5% |
| Amounts receivable and cash guarantees285/8 | €5,000 | €22,077 | €29,874 | €4,600 | €13,600 | ▲ 196% |
| Current assets29/58 | €8.8m | €9.2m | €4.9m | €5.0m | €5.2m | ▲ 4.2% |
| Stocks and contracts in progress3 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €1.1m | €5.2m | €1.1m | €1.2m | €1.7m | ▲ 34.9% |
| Trade receivables40 | €1.0m | €1.6m | €652,660 | €946,757 | €1.1m | ▲ 11.6% |
| Other amounts receivable41 | €58,139 | €3.6m | €480,961 | €294,677 | €617,540 | ▲ 110% |
| Current investments50/53 | €3.5m | €2.2m | €2.8m | €3.0m | €3.0m | ▲ 0.9% |
| Other investments51/53 | €3.5m | €2.2m | €2.8m | €3.0m | €3.0m | ▲ 0.9% |
| Cash at bank and in hand54/58 | €4.1m | €1.8m | €923,556 | €694,280 | €426,954 | ▼ 38.5% |
| Deferred charges and accrued income490/1 | €103,086 | €19,740 | €16,845 | €15,516 | €29,707 | ▲ 91.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9.0m | €9.4m | €5.1m | €5.1m | €5.4m | ▲ 5.3% |
| Equity10/15 | €8.8m | €9.2m | €4.9m | €4.9m | €5.1m | ▲ 5.2% |
| Contributions10/11 | €9.0m | €9.0m | €4.5m | €4.5m | €4.5m | = |
| Capital10 | €9.0m | €9.0m | €4.5m | €4.5m | €4.5m | = |
| Issued capital100 | €9.0m | €9.0m | €4.5m | €4.5m | €4.5m | = |
| Reserves13 | €109,983 | €215,438 | €324,809 | €327,669 | €581,627 | ▲ 77.5% |
| Non-distributable reserves130/1 | €109,983 | €129,256 | €129,256 | €129,256 | €129,256 | = |
| Legal reserve130 | €109,983 | €129,256 | €129,256 | €129,256 | €129,256 | = |
| Distributable reserves133 | - | €86,182 | €195,553 | €198,413 | €452,371 | ▲ 128% |
| Profit (loss) carried forward14 | -€280,009 | €0 | - | - | - | - |
| Amounts payable17/49 | €148,502 | €175,639 | €221,543 | €251,881 | €267,971 | ▲ 6.4% |
| Amounts payable within one year42/48 | €142,600 | €175,181 | €221,543 | €237,605 | €267,971 | ▲ 12.8% |
| Financial debts43 | €8 | €16 | €21 | €0 | - | - |
| Credit institutions430/8 | €8 | €16 | €21 | €0 | - | - |
| Trade debts44 | €32,046 | €47,333 | €85,639 | €30,253 | €96,841 | ▲ 220% |
| Suppliers440/4 | €32,046 | €47,333 | €85,639 | €30,253 | €96,841 | ▲ 220% |
| Taxes, remuneration and social security45 | €110,547 | €127,831 | €135,882 | €207,351 | €171,130 | ▼ 17.5% |
| Taxes450/3 | €20,049 | €23,490 | €26,936 | €68,102 | €40,372 | ▼ 40.7% |
| Remuneration and social security454/9 | €90,498 | €104,342 | €108,946 | €139,250 | €130,758 | ▼ 6.1% |
| Accrued charges and deferred income492/3 | €5,901 | €458 | €0 | €14,276 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €89,435 | €385,465 | €152,053 | €2,860 | €253,958 | ▲ 8,780% |
| + Depreciation and write-downs630 | €45,935 | €62,335 | €50,669 | €62,483 | €75,002 | ▲ 20.0% |
| Operating cash flow (approximation) | €135,370 | €447,800 | €202,722 | €65,343 | €328,961 | ▲ 403% |
| Investment in fixed assets (approximation) | - | -€29,816 | -€67,320 | -€2,697 | -€138,446 | ▼ 5,034% |
| Change in cash | - | -€2.3m | -€903,451 | -€229,275 | -€267,326 | ▼ 16.6% |
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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €5mEq €5.1m ▲5.2%
5 profitable years in a row build equity to €5.1m.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 27 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €385,465 ▲331%
Operating result €377,798, net result €385,465, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 23 days late
2021
31-12
Financial
Back to profitnet €89,435
Net result €89,435 after 2 loss-making years.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 25 days late
2020
31-12
Financial
Weakest financial yearnet -€1.6m
Net result drops to -€1.6m, the lowest in the series; recovery starts the following year.
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 59 days late
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 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
13 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, Tournai · 1 establishment unit since 2001
Ground area
1.4 ha
Building footprint
1,978 m²
Volume, LiDAR
20,918 m³
2 parcels, Wallonia · tallest building 13.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Progrès(FRY) 4, 7503 Tournai
since 20012.098.308.849
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57060A0181/00G002 | Wallonia | 9,841 m² | 1 · 238 m² | 11.2 m · 2 fl. |
| 57031B0362/00E004 | Wallonia | 4,437 m² | 1 · 1,739 m² | 13.4 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.
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 11,061 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
Founded14-06-2001
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0475004149
Also
9925:BE0475004149
Registered
15-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.