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SOIF TEAM

Active
Private limited companyfounded 20206 yrs activeRue de l'Intendance 3, 4020 Liège, BelgiumKBO/BCE: BE 0747.556.828
Summary

SOIF TEAM has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€4,171) and a net result of €16,411. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 2064 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

What stands out

  1. Negative equity -€4,171fiscal year 2025: debts exceed assets20212025
  2. Among the weakest 15% on equity -€4,171sector median €43,704 · 2,066 companies sector median
  3. Total assets 2025 €86,1885 fiscal years filed20212025

Overview

What they do
Promotion and organisation of arts and performing arts events
NACE 90391 · 1 site
How big
€86,188total assets 2025
Staff 29.6 FTE · Equity -€4,171
Financially healthy?
51 Fair
Bankruptcy chance 0.7% · 12 m
Who decides
Not known
Accounts filed 11 d late0 of 1 deed readTurnover not published (abridged schema)
Why 51- Limited track record- Annual accounts: weaker financial profile- Higher-failure-rate region- Weak solvency vs sector+ Lower-failure-rate sectorFiled after the deadlineShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability75▲+75
Solvency20▲+20
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.94 against 0.53 in 2024; short-term debt: 104.8% and cash: 15.3% of total assets), and equity is negative.
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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 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-4.8%
Return on assets
19%
Age of the figures
15 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 2064 sector peers (2025).
NBB · sector comparison
Position among 2064 sector peers
Solvency
better than 15%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-02-2026, 11 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 · 5 filings
Deviation from the deadline
2025
11 d late
2024
53 d late
2023
398 d late
2022
on the day
2021
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 92 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed 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. Usually files around 11 February (4 of the last 5 filed years within 42 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Back to profitnet €16,411
  3. Annual accounts filedfiscal year 2024 · micro…

Financials

Fiscal year 2025Total assets €86,188Profit €16,411Solvency -4.8%Liquidity 0.94
Total assets
€86,188▲ 214%
2021 - 2025
Net result
€16,411
2021 - 2025
Equity
-€4,171▲ 79.7%
2021 - 2025
Staff (FTE)
29.6▲ 12.1%
2022 - 2025

Financials · fiscal year 2025, micro schema

Trend over the years5 fiscal years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€18,710-€16,925▼ 9.5%-€37,728-€19,714▲ 47.7%€22,270
Net result€17,423within the sector's middle half-€12,004within the sector's middle half▼ 31.1%-€38,129below the sector's middle half-€24,379below the sector's middle half▲ 36.1%€16,411within the sector's middle half
Equity€29,923within the sector's middle half-€41,927within the sector's middle half▲ 40.1%€3,797below the sector's middle half▼ 90.9%-€20,582below the sector's middle half-€4,171below the sector's middle half▲ 79.7%
Total assets€78,180within the sector's middle half-€69,792within the sector's middle half▼ 10.7%€60,751within the sector's middle half▼ 13.0%€27,423below the sector's middle half▼ 54.9%€86,188within the sector's middle half▲ 214%
Debt€23,258-€27,865▲ 19.8%€56,953▲ 104%€48,005▼ 15.7%€90,359▲ 88.2%
Working capital€53,808within the sector's middle half-€36,574within the sector's middle half▼ 32.0%-€779within the sector's middle half-€22,331below the sector's middle half▼ 2,767%-€5,656below the sector's middle half▲ 74.7%
Solvency38.3%within the sector's middle half-60.1%within the sector's middle half▲ 21.8pp6.3%below the sector's middle half▼ 53.8pp-75.1%below the sector's middle half▼ 81.3pp-4.8%below the sector's middle half▲ 70.2pp
Current ratio3.32within the sector's middle half-2.33within the sector's middle half▼ 0.990.99within the sector's middle half▼ 1.340.53below the sector's middle half▼ 0.450.94within the sector's middle half▲ 0.40
Return on assets (ROA)22.3%above the sector's middle half-17.2%within the sector's middle half▼ 5.1pp-62.8%below the sector's middle half▼ 80.0pp-88.9%below the sector's middle half▼ 26.1pp19.0%within the sector's middle half▲ 107.9pp
Staff (FTE)15.217.6▲ 15.8%26.4▲ 50.0%29.6▲ 12.1%
above within below the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2021: €18,710€18,710Net result 2021: €17,423€17,423Operating result 2022: €16,925€16,925Net result 2022: €12,004€12,004Operating result 2023: -€37,728-€37,728Net result 2023: -€38,129-€38,129Operating result 2024: -€19,714-€19,714Net result 2024: -€24,379-€24,379Operating result 2025: €22,270€22,270Net result 2025: €16,411€16,41120212022202320242025-€40,000-€20,000€0€20,000Operating result 2023: -€37,728Net result 2023: -€38,129-€38,100Operating result 2024: -€19,714-€19,700Net result 2024: -€24,379-€24,400Operating result 2025: €22,270€22,300Net result 2025: €16,411€16,400202320242025
The operating result returns to profit in 2025: €22,270 after a loss of €19,714 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €86,188
Fixed assets €1,485 ▼ 15.1%
Current assets €84,703 ▲ 230%
Equity and liabilities
Equity-€4,171
Debt€90,359
Equity is negative: debt (€90,359) exceeds the balance-sheet total (€86,188).
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
EBITDA
€22,534▲
2024 · -€18,957
Cash flow
€16,675▲
2024 · -€23,622
Interest coverage
3.85▲
2024 · -4.06
Debt ≤ 1 year
€90,359▲
2024 · €48,005
Staff costs
€171,545▲
2024 · €128,025
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 178 companies that looked in July 2024 the way this one looks now, 6.2% went bankrupt within 24 months and 90% are still going.

  • Small
  • 5 to 10 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
6.2% went bankrupt
2.8% stopped otherwise
90% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.8%
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 178 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.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€27,423€86,188▲
Fixed assets21/28€1,749€1,485▼
Tangible fixed assets22/27€264-
Plant, machinery and equipment23€264-
Financial fixed assets28€1,485€1,485=
Current assets29/58€25,675€84,703▲
Amounts receivable within one year40/41€20,021€71,247▲
Trade receivables40€6,184€69,664▲
Other amounts receivable41€13,836€1,583▼
Cash at bank and in hand54/58€4,766€13,226▲
Deferred charges and accrued income490/1€888€229▼
Equity and liabilities
Total equity and liabilities10/49€27,423€86,188▲
Equity10/15-€20,582-€4,171▲
Contributions10/11€12,500€12,500=
Reserves13€12,004€12,004=
Non-distributable reserves130/1€1,250€1,250=
Reserves not available under the articles1311€1,250€1,250=
Distributable reserves133€10,754€10,754=
Profit (loss) carried forward14-€45,086-€28,675▲
Amounts payable17/49€48,005€90,359▲
Amounts payable within one year42/48€48,005€90,359▲
Trade debts44€4,558€5,768▲
Suppliers440/4€4,558€5,768▲
Taxes, remuneration and social security45€42,137€82,675▲
Taxes450/3€19,331€13,425▼
Remuneration and social security454/9€22,806€69,249▲
Other amounts payable47/48€1,310€1,915▲
Income statement Code20242025
Remuneration, social security and pensions62€128,025€171,545▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€757€264▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2,046-
Other operating charges640/8€370-
Gross operating margin9900€111,485€194,078▲
Operating profit (loss)9901-€19,714€22,270▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€4,665€5,859▲
Recurring financial charges65€4,665€5,859▲
Profit (loss) for the period before taxes9903-€24,379€16,411▲
Profit (loss) for the period9904-€24,379€16,411▲
Profit (loss) for the period to be appropriated9905-€24,379€16,411▲
Appropriation of the result
Profit (loss) to be appropriated9906-€45,086-€28,675▲
Profit (loss) brought forward from the previous period14P-€20,707-€45,086▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62-€105,933€142,102€128,025€171,545▲ 34.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€494€757€757€264▼ 65.2%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2,075€14,265€2,046--
Provisions for liabilities and charges: additions (uses and reversals)635/8--€25,000----
Other operating charges640/8--€228€370--
Non-recurring operating charges66A-€3,381----
Gross operating margin9900€65,982€103,809€119,625€111,485€194,078▲ 74.1%
Operating profit (loss)9901€18,710€16,925-€37,728-€19,714€22,270▲ 213%
Financial income75/76B-€6--€0-
Recurring financial income75€0€6--€0-
Financial charges65/66B-€588€401€4,665€5,859▲ 25.6%
Recurring financial charges65€20€588€401€4,665€5,859▲ 25.6%
Profit (loss) for the period before taxes9903€18,690€16,343-€38,129-€24,379€16,411▲ 167%
Income taxes67/77€1,267€4,339----
Profit (loss) for the period9904€17,423€12,004-€38,129-€24,379€16,411▲ 167%
Profit (loss) for the period to be appropriated9905€17,423€12,004-€38,129-€24,379€16,411▲ 167%
Line20212022202320242025Change
Assets
Total assets20/58€78,180€69,792€60,751€27,423€86,188▲ 214%
Fixed assets21/28€1,215€5,693€4,576€1,749€1,485▼ 15.1%
Tangible fixed assets22/27-€1,778€1,021€264--
Plant, machinery and equipment23-€1,778€1,021€264--
Financial fixed assets28€1,215€3,915€3,555€1,485€1,485=
Current assets29/58€76,965€64,098€56,175€25,675€84,703▲ 230%
Amounts receivable within one year40/41€69,969€23,560€3,053€20,021€71,247▲ 256%
Trade receivables40-€23,560€2,418€6,184€69,664▲ 1,026%
Other amounts receivable41--€634€13,836€1,583▼ 88.6%
Cash at bank and in hand54/58€5,841€40,142€5,548€4,766€13,226▲ 178%
Deferred charges and accrued income490/1-€396€47,573€888€229▼ 74.2%
Equity and liabilities
Total equity and liabilities10/49€78,180€69,792€60,751€27,423€86,188▲ 214%
Equity10/15€29,923€41,927€3,797-€20,582-€4,171▲ 79.7%
Contributions10/11-€12,500€12,500€12,500€12,500=
Reserves13-€12,004€12,004€12,004€12,004=
Non-distributable reserves130/1-€1,250€1,250€1,250€1,250=
Reserves not available under the articles1311-€1,250€1,250€1,250€1,250=
Distributable reserves133-€10,754€10,754€10,754€10,754=
Profit (loss) carried forward14€17,423€17,423-€20,707-€45,086-€28,675▲ 36.4%
Provisions and deferred taxes16€25,000-----
Amounts payable17/49€23,258€27,865€56,953€48,005€90,359▲ 88.2%
Amounts payable within one year42/48€23,157€27,524€56,953€48,005€90,359▲ 88.2%
Trade debts44€12,196€8,696€24,957€4,558€5,768▲ 26.5%
Suppliers440/4-€8,696€24,957€4,558€5,768▲ 26.5%
Taxes, remuneration and social security45-€17,671€22,506€42,137€82,675▲ 96.2%
Taxes450/3-€8,801€487€19,331€13,425▼ 30.6%
Remuneration and social security454/9-€8,870€22,019€22,806€69,249▲ 204%
Other amounts payable47/48-€1,158€9,490€1,310€1,915▲ 46.2%
Accrued charges and deferred income492/3-€340----
Line20212022202320242025Change
Profit (loss) for the period9904€17,423€12,004-€38,129-€24,379€16,411▲ 167%
+ Depreciation and write-downs630-€494€757€757€264▼ 65.2%
Operating cash flow (approximation)€17,423€12,498-€37,372-€23,622€16,675▲ 171%
Investment in fixed assets (approximation)--€4,972€360€2,070€0▼ 100%
Change in cash-€34,301-€34,593-€782€8,460▲ 1,182%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Comparable companies5

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 3,528 companies in this sector we hold annual accounts for 684. See the whole sector

Timeline

7 eventsLatest 11-02-2026Next filing 31-01-2027

History

On 22 May 2020, SOIF TEAM was incorporated as a Private limited company.1 Total assets went from €78,180 in 2021 to €86,188 in 2025 and headcount from 15.2 full-time equivalents in 2022 to 29.6 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021, 2022 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
11-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
30-06
Financial Back to profitnet €16,411
Net result €16,411 after 2 loss-making years.
25-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
04-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 398 days late
2023
30-06
Financial Weakest financial yearnet -€38,129
Net result drops to -€38,129, the lowest in the series; recovery starts the following year.
31-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Company details

Private limited company · founded 22-05-2020Year ends 30-06Peppol reachable1 site

Register details

Identification
Legal formPrivate limited company
Founded22-05-2020
Fiscal year end30-06
Activities, NACEBEL 2025
56301Cafés and bars
90391Promotion and organisation of arts and performing arts events
Contact
E-mail info@soifteam.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:0747556828
Also 9925:BE0747556828

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
1,378 m²
Building footprint
687 m²
Volume, LiDAR
3,931 m³
Parcel 62020A0449/00S003, Wallonia · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
Rue de l'Intendance 3, 4020 Liège
Wholesale of electrical household appliances and audio-video equipment
since 2020unit no. 2.303.428.019
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62020A0449/00S003 Wallonia 1,378 m² 1 · 687 m² 10.7 m · 2 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.

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