SONAFINA

Active

Private limited companyfounded 201115 yrs activeMolièrelaan 253, 1050 Elsene, BelgiumKBO/BCE: BE 0837.030.519

Summary

SONAFINA has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €52.9m and a net result of €2.7m. Equity is growing by ~2.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).

Risk analysis Watch Report Compare

SONAFINAActiveChecked score 69/100

Risk analysis Report Compare

Checked score

Score 2025

69 / 100

Healthy

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability50▼-2

Solvency100=

Growth78=

Track record100

Bankruptcy probability, 12 months

1.2% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €2,000,000 at 30 days acceptable

Liquidity ample (current ratio 18.41 against 13.68 in 2024; short-term debt: 0.9% and cash: 6.4% of total assets), and 0.9% of the assets are financed with debt.

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Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

99.1%

Return on assets

Age of the figures

9 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-05-2026, 70 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

70 d early

2024

66 d early

2023

68 d early

2022

61 d early

2021

72 d early

2020

38 d early

2019

31 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 49 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)

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 25 May (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

30-09-2026 today31-12-2026 close31-07-2027 deadline

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

History

On 16 June 2011, SONAFINA was incorporated.¹ Total assets went from EUR 47 million in 2018 to EUR 53 million in 2025.²

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€2.7m▼ 9.1%

2024 · €2.9m

Working capital

€8.7m▲ 33.2%

2024 · €6.5m

Trend over the years

In euros Operating result Net result Equity Total assets Debt Working capital

In euros

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.

Every figure with its change against the fiscal year before

favourable unfavourable

Line20212022202320242025

Operating result-€6,632▲ 25.9%-€87,842▼ 1,225%-€93,358▼ 6.3%-€90,427▲ 3.1%-€74,322▲ 17.8%

Net result€1.2m▲ 18.8%€1.6m▲ 35.4%€1.3m▼ 22.3%€2.9m▲ 131%€2.7m▼ 9.1%

Equity€47.4m▲ 2.6%€49.0m▲ 3.5%€48.3m▼ 1.5%€50.8m▲ 5.1%€52.9m▲ 4.3%

Total assets€49.9m▲ 2.5%€50.4m▲ 0.9%€49.3m▼ 2.1%€51.3m▲ 4.0%€53.4m▲ 4.2%

Debt€2.5m▼ 0.5%€1.3m▼ 46.9%€1.0m▼ 24.9%€516,517▼ 48.4%€500,992▼ 3.0%

Working capital€3.5m▲ 58.4%€4.8m▲ 37.0%€4.1m▼ 15.0%€6.5m▲ 59.5%€8.7m▲ 33.2%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €74,322 in 2025 against €90,427 in 2024; the loss shrinks.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €53.4m

82.7%

17.3%

Fixed assets €44.2m =

Current assets €9.2m ▲ 30.6%

Equity and liabilities €53.4m

99.1%

Equity €52.9m ▲ 4.3%

Debt €500,992 ▼ 3.0%

Debt's share of the balance-sheet total falls from 1.0% to 0.9%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

Current ratio

18.41▲

2024 · 13.68

Debt to equity

0.01▼

2024 · 0.01

ROE

5.1%▼

2024 · 5.8%

ROA

5.0%▼

2024 · 5.7%

Debt ≤ 1 year

€500,992▼

2024 · €516,517

Income taxes

€30,753▼

2024 · €67,773

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines

Balance sheet Code20242025

Assets

Total assets20/58€51.3m€53.4m▲

Fixed assets21/28€44.2m€44.2m=

Financial fixed assets28€44.2m€44.2m=

Current assets29/58€7.1m€9.2m▲

Amounts receivable within one year40/41€6,965€14,000▲

Other amounts receivable41€6,965€14,000▲

Current investments50/53€6.1m€5.8m▼

Cash at bank and in hand54/58€944,449€3.4m▲

Deferred charges and accrued income490/1€7,083€3,995▼

Equity and liabilities

Total equity and liabilities10/49€51.3m€53.4m▲

Equity10/15€50.8m€52.9m▲

Contributions10/11€38.8m€38.8m=

Reserves13€340,500€340,500=

Distributable reserves133€340,500€340,500=

Profit (loss) carried forward14€11.6m€13.8m▲

Amounts payable17/49€516,517€500,992▼

Amounts payable within one year42/48€516,517€500,992▼

Trade debts44€1,225€992▼

Suppliers440/4€1,225€992▼

Taxes, remuneration and social security45€15,292-

Taxes450/3€15,292-

Other amounts payable47/48€500,000€500,000=

Income statement Code20242025

Other operating charges640/8€71,165€60,404▼

Gross operating margin9900-€19,262-€13,918▲

Operating profit (loss)9901-€90,427-€74,322▲

Financial income75/76B€3.2m€2.8m▼

Recurring financial income75€3.2m€2.8m▼

Financial charges65/66B€60,456€3,420▼

Recurring financial charges65€60,456€3,420▼

Profit (loss) for the period before taxes9903€3.0m€2.7m▼

Income taxes67/77€67,773€30,753▼

Profit (loss) for the period9904€2.9m€2.7m▼

Profit (loss) for the period to be appropriated9905€2.9m€2.7m▼

Appropriation of the result

Profit (loss) to be appropriated9906€12.1m€14.3m▲

Profit (loss) brought forward from the previous period14P€9.2m€11.6m▲

Profit to be distributed694/7€500,000€500,000=

Return on contributions (dividend)694€500,000€500,000=

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2021	2022	2023	2024	2025	Change
Other operating charges640/8	€868	€69,746	€75,463	€71,165	€60,404	▼ 15.1%
Gross operating margin9900	-€5,764	-€18,096	-€17,895	-€19,262	-€13,918	▲ 27.7%
Operating profit (loss)9901	-€6,632	-€87,842	-€93,358	-€90,427	-€74,322	▲ 17.8%
Financial income75/76B	€1.3m	€1.8m	€1.5m	€3.2m	€2.8m	▼ 11.9%
Recurring financial income75	€1.3m	€1.8m	€1.5m	€3.2m	€2.8m	▼ 11.9%
Financial charges65/66B	€106,848	€97,859	€80,090	€60,456	€3,420	▼ 94.3%
Recurring financial charges65	€106,848	€97,859	€80,090	€60,456	€3,420	▼ 94.3%
Profit (loss) for the period before taxes9903	€1.2m	€1.6m	€1.3m	€3.0m	€2.7m	▼ 10.1%
Income taxes67/77	€861	€8,181	€24,494	€67,773	€30,753	▼ 54.6%
Profit (loss) for the period9904	€1.2m	€1.6m	€1.3m	€2.9m	€2.7m	▼ 9.1%
Profit (loss) for the period to be appropriated9905	€1.2m	€1.6m	€1.3m	€2.9m	€2.7m	▼ 9.1%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€49.9m	€50.4m	€49.3m	€51.3m	€53.4m	▲ 4.2%
Fixed assets21/28	€44.0m	€44.2m	€44.2m	€44.2m	€44.2m	=
Financial fixed assets28	€44.0m	€44.2m	€44.2m	€44.2m	€44.2m	=
Current assets29/58	€6.0m	€6.2m	€5.1m	€7.1m	€9.2m	▲ 30.6%
Amounts receivable within one year40/41	€4,752	€596	€1,741	€6,965	€14,000	▲ 101%
Other amounts receivable41	€4,752	€596	€1,741	€6,965	€14,000	▲ 101%
Current investments50/53	€1.3m	€2.5m	€4.3m	€6.1m	€5.8m	▼ 5.0%
Cash at bank and in hand54/58	€4.7m	€3.7m	€780,578	€944,449	€3.4m	▲ 261%
Deferred charges and accrued income490/1	€7	€5,334	€10,545	€7,083	€3,995	▼ 43.6%
Equity and liabilities
Total equity and liabilities10/49	€49.9m	€50.4m	€49.3m	€51.3m	€53.4m	▲ 4.2%
Equity10/15	€47.4m	€49.0m	€48.3m	€50.8m	€52.9m	▲ 4.3%
Contributions10/11	€38.8m	€38.8m	€38.8m	€38.8m	€38.8m	=
Reserves13	€340,500	€340,500	€340,500	€340,500	€340,500	=
Non-distributable reserves130/1	€340,500	€340,500	€340,500	-	-	-
Reserves not available under the articles1311	€340,500	€340,500	€340,500	-	-	-
Distributable reserves133	-	-	-	€340,500	€340,500	=
Profit (loss) carried forward14	€8.3m	€9.9m	€9.2m	€11.6m	€13.8m	▲ 18.7%
Amounts payable17/49	€2.5m	€1.3m	€1.0m	€516,517	€500,992	▼ 3.0%
Amounts payable within one year42/48	€2.4m	€1.3m	€1.0m	€516,517	€500,992	▼ 3.0%
Trade debts44	€1,200	€5,165	€1,426	€1,225	€992	▼ 19.0%
Suppliers440/4	€1,200	€5,165	€1,426	€1,225	€992	▼ 19.0%
Taxes, remuneration and social security45	-	€3,507	-	€15,292	-	-
Taxes450/3	-	€3,507	-	€15,292	-	-
Other amounts payable47/48	€2.4m	€1.3m	€1.0m	€500,000	€500,000	=
Accrued charges and deferred income492/3	€88,435	€853	-	-	-	-

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€1.2m	€1.6m	€1.3m	€2.9m	€2.7m	▼ 9.1%
Operating cash flow (approximation)	€1.2m	€1.6m	€1.3m	€2.9m	€2.7m	▼ 9.1%
Investment in fixed assets (approximation)	-	-€248,998	€0	€0	€0	-
Change in cash	-	-€1.0m	-€2.9m	€163,871	€2.5m	▲ 1,402%

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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Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

22-05

NBB filing Annual accounts filed

fiscal year 2025 · full schema

2025

26-05

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

31-12

Financial Highest result since 2018net €2.9m ▲131%

Net result €2.9m, the highest in the series.

31-12

Financial Liquidity triplescurrent ratio 13.68

Current ratio from 5.10 to 13.68; short-term debt falls from €1.0m to €516,517.

31-12

Financial Equity above €50mEq €50.8m ▲5.1%

7 profitable years in a row build equity to €50.8m.

24-05

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

31-05

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

20-05

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

23-06

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

31-12

Financial Weakest financial yearnet €1.0m ▼35.3%

Net result drops to €1.0m, the lowest in the series; recovery starts the following year.

31-08

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 31 days late

2019

27-08

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 27 days late

2018

29-06

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

28-08

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 28 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 5 acts read

About the unread acts

We know of 5 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

5 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, Elsene · 1 establishment unit since 2024

seat establishment The establishment unit on the map

Ground area

198 m²

Building footprint

109 m²

Volume, LiDAR

1,543 m³

Parcel 21447B0310/00E016, Brussels · tallest building 22.8 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

Molièrelaan 253, 1050 Elsene

Holdings

since 20242.357.041.503

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21447B0310/00E016	Brussels	197 m²	1 · 109 m²	22.8 m · 5 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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

MANITOU BFFR

Sourceown accounts 2025
Equity €999.6mResult €105.2m

5.5%

According to the 2025 annual accounts of SONAFINA 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

967600JUR1QPYL3MVZ40

live in the LEI register

Identification & contact

Identification

Legal formPrivate limited company

Founded16-06-2011

Fiscal year end31-12

E-invoicing

Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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

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