SOFIAS
ActiveSummary
SOFIAS has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13.33M and a net result of €50k. Equity is shrinking by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 55% of 2692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability27▲+2
Solvency77▲+1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €850k at 30 days acceptable
Liquidity ample (current ratio 3.86 against 3.16 in 2024; short-term debt: 5.3% and cash: 0.4% of total assets), and 47.8% of the assets are financed with debt.
Credit advice for your own amount and term
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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
52.2%
Return on assets
0.2%
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
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €13.33M
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
17 d late
2024
6 d early
2023
6 d early
2022
18 d early
2021
3 d early
2020
73 d late
2019
94 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€13.33M▲ 1.5%
2024 · €13.14M
2019: €12.92M
2020: €80.27M
2021: €58.16M
2022: €15.82M
2023: €9.77M
2024: €13.14M
2019 → 2025
Total assets
€25.56M▼ 0.9%
2024 · €25.80M
2019: €14.84M
2020: €82.17M
2021: €69.45M
2022: €27.04M
2023: €21.07M
2024: €25.80M
2019 → 2025
Net result
€50k▲ 186%
2024 · €18k
2019: €31k
2020: €84k
2021: €76k
2022: €-479k
2023: €402k
2024: €18k
2019 → 2025
Working capital
€3.88M▲ 2.2%
2024 · €3.79M
2019: €-443k
2020: €-320k
2021: €5.90M
2022: €5.32M
2023: €5.38M
2024: €3.79M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€58.16M-€15.82M▼ 72.8%€9.77M▼ 38.2%€13.14M▲ 34.4%€13.33M▲ 1.5%
Operating result€250k-€241k▼ 3.5%€323k▲ 34.0%€318k▼ 1.6%€343k▲ 7.8%
Net result€76k-€-479k€402k€18k▼ 95.6%€50k▲ 186%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 8% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €25.56M
Fixed assets
€20.33M ▲ 0.4%
Current assets
€5.23M ▼ 5.7%
Equity and liabilities €25.56M
Equity
€13.33M ▲ 1.5%
Debt
€12.23M ▼ 3.4%
Debt's share of the balance-sheet total falls from 49.1% to 47.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€420k▲
2024 · €396k
Cash flow
€127k▲
2024 · €95k
Current ratio
3.86▲
2024 · 3.16
Quick ratio
3.86▲
2024 · 3.16
Debt to equity
0.92▼
2024 · 0.96
ROE
0.4%▲
2024 · 0.1%
ROA
0.2%▲
2024 · 0.1%
Interest coverage
0.95▲
2024 · 0.73
Debt ≤ 1 year
€1.36M▼
2024 · €1.75M
Debt > 1 year
€10.82M▼
2024 · €10.85M
Income taxes
€23k▲
2024 · €10k
Staff costs
€305k▲
2024 · €279k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€25.80M€25.56M▼
Fixed assets21/28€20.26M€20.33M▲
Tangible fixed assets22/27€908k€836k▼
Land and buildings22€695k€674k▼
Plant, machinery and equipment23€73k€61k▼
Furniture and vehicles24€10k€9k▼
Other tangible fixed assets26€129k€92k▼
Financial fixed assets28€19.35M€19.50M▲
Current assets29/58€5.54M€5.23M▼
Stocks and contracts in progress3€5k€5k=
Stocks30/36€5k€5k=
Amounts receivable within one year40/41€1.72M€1.66M▼
Trade receivables40€236k€76k▼
Other amounts receivable41€1.48M€1.59M▲
Current investments50/53€3.76M€3.45M▼
Cash at bank and in hand54/58€58k€99k▲
Deferred charges and accrued income490/1€6k€9k▲
Equity and liabilities
Total equity and liabilities10/49€25.80M€25.56M▼
Equity10/15€13.14M€13.33M▲
Contributions10/11€12k€12k=
Revaluation surpluses12€10.95M€11.10M▲
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€2.17M€2.22M▲
Amounts payable17/49€12.67M€12.23M▼
Amounts payable after more than one year17€10.85M€10.82M▼
Financial debts170/4€10.85M€10.82M▼
Amounts payable within one year42/48€1.75M€1.36M▼
Current portion of amounts payable after more than one year42€42k€46k▲
Trade debts44€116k€85k▼
Suppliers440/4€116k€85k▼
Taxes, remuneration and social security45€180k€129k▼
Taxes450/3€121k€64k▼
Remuneration and social security454/9€59k€65k▲
Other amounts payable47/48€1.42M€1.10M▼
Accrued charges and deferred income492/3€58k€60k▲
Income statement
Code20242025
Non-recurring operating income76A€7k€5k▼
Remuneration, social security and pensions62€279k€305k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€77k€77k▼
Other operating charges640/8€19k€12k▼
Gross operating margin9900€693k€737k▲
Operating profit (loss)9901€318k€343k▲
Financial income75/76B€253k€171k▼
Recurring financial income75€253k€171k▼
Financial charges65/66B€543k€440k▼
Recurring financial charges65€543k€440k▼
Profit (loss) for the period before taxes9903€28k€74k▲
Income taxes67/77€10k€23k▲
Profit (loss) for the period9904€18k€50k▲
Profit (loss) for the period to be appropriated9905€18k€50k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.17M€2.22M▲
Profit (loss) brought forward from the previous period14P€2.15M€2.17M▲
Social balance
Average headcount (FTE)90874.84.5▼
The notes to these accounts (19 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
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 17 days late
01-04
State Gazette act
General meeting · Director resignation
Director appointment · Board meeting
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €10MEq €13.14M ▲34.4%
2 profitable years in a row build equity to €13.14M.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €402k
Net result €402k after one loss-making year.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
23-03
State Gazette act
General meeting · Board meeting
Director reappointment · Mandate compensation
2022
31-12
Financial
Weakest financial yearnet €-479k ▼734%
Net result drops to €-479k, the lowest in the series; recovery starts the following year.
29-11
State Gazette act
General meeting · Board meeting
Director appointment · Permanent representative
28-07
State Gazette act
General meeting · Board meeting
Director appointment · Permanent representative
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Show earlier events
2021
31-12
Financial
Liquidity times 30current ratio 18.95
Current ratio from 0.63 to 18.95; short-term debt falls from €874k to €328k.
12-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 73 days late
2020
31-12
Financial
Equity above €50MEq €80.27M ▲521%
2 profitable years in a row build equity to €80.27M.
02-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 94 days late
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
10-01
State Gazette act
Permanent representative · Share transfer
Capital increase · Bank account
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
01-03
State Gazette act
General meeting · Share transfer
Statutes amendment · Capital · Frank Liesse
2016
16-03
State Gazette act
General meeting · Director reappointment
Permanent representative
2015
26-01
State Gazette act
General meeting · Legal-form conversion
Statutes amendment · Net-asset statement
2011
28-01
State Gazette act
General meeting · Capital increase
Capital · Director resignation
2008
06-06
State Gazette act
Board meeting · Share issue
Capital increase · Capital
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Oud-Heverlee · 2 establishment units since 1999
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.
O.-L.-Vrouwstraat 83054 Oud-HeverleeGround area
2,686 m²
Building footprint
469 m²
Volume, LiDAR
3,245 m³
2 parcels, Flanders · tallest building 15.9 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
O.-L.-Vrouwstraat 8, 3054 Oud-Heverlee
since 19992.091.623.074
EED
since 20172.270.009.836
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24110A0163/00F000 | Flanders | 2,442 m² | 1 · 287 m² | 8.5 m · 2 fl. |
| 24062A0751/00E000 | Flanders | 244 m² | 1 · 182 m² | 15.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Structure & network
Ownership & control
5 board mandatesBoard mandates of this companythis company sits on their board5
19 locations
3 locations
3 locations
1 location
Recognitions · licences · registrations
Food safety, FASFC
1 siteLeuven2.270.009.836
Legal Entity Identifier
699400D2EDPKI1AOBV71
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Of 16,884 companies in sector 62100 we hold annual accounts for 8,775. 678 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-1998
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
62100Computer programming
47789Other retail sale of new goods
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.