SOFIDO²
ActiveSummary
SOFIDO² has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €39k and a net result of €-21k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 50% of 1740 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability3▼-50
Solvency58▼-13
Growth35▼-29
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.32 against 1.73 in 2023; short-term debt: 67.2% and cash: 24.8% of total assets), and 67.2% of the assets are financed with debt.
Credit check 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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
32.8%
Return on assets
-17.6%
Age of the figures
21 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
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-21k
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 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
not confirmed
2024
26 d late
2023
19 d early
2022
14 d early
2021
18 d early
2020
39 d early
2019
17 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€592k▲ 5.1%
2023 · €563k
2018: €522k
2019: €557k
2020: €532k
2021: €497k
2022: €520k
2023: €563k
2018 → 2024
EBIT margin
-3.6%▼ 3.5pp
2023 · -0.1%
2018: -0.5%
2019: 3.3%
2020: 0.3%
2021: -0.1%
2022: 4.1%
2023: -0.1%
2018 → 2024
Net result
€-21k▼ 1,306%
2023 · €-1k
2018: €-3k
2019: €17k
2020: €5k
2021: €-2k
2022: €11k
2023: €-1k
2018 → 2024
Working capital
€26k▼ 51.5%
2023 · €53k
2018: €21k
2019: €26k
2020: €32k
2021: €43k
2022: €50k
2023: €53k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€532k-€497k▼ 6.5%€520k▲ 4.6%€563k▲ 8.3%€592k▲ 5.1%
Equity€52k-€50k▼ 3.6%€61k▲ 22.6%€60k▼ 2.4%€39k▼ 34.9%
Operating result€2k-€-485€21k€-432€-21k▼ 4,802%
Net result€5k-€-2k€11k€-1k€-21k▼ 1,306%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €21k in 2024 against €432 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €119k
Fixed assets
€14k ▲ 83.9%
Current assets
€105k ▼ 15.2%
Equity and liabilities €119k
Equity
€39k ▼ 34.9%
Debt
€80k ▲ 11.4%
Debt's share of the balance-sheet total rises from 54.5% to 67.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-17k▼
2023 · €6k
Cash flow
€-16k▼
2023 · €4k
Current ratio
1.32▼
2023 · 1.73
Debt to equity
2.05▲
2023 · 1.20
ROE
-53.6%▼
2023 · -2.5%
ROA
-17.6%▼
2023 · -1.1%
Interest coverage
-18.09▼
2023 · 6.59
Debt ≤ 1 year
€80k▲
2023 · €72k
Staff costs
€184k▼
2023 · €190k
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 · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€132k€119k▼
Fixed assets21/28€7k€14k▲
Tangible fixed assets22/27€7k€14k▲
Plant, machinery and equipment23€807€2k▲
Furniture and vehicles24€7k€11k▲
Current assets29/58€124k€105k▼
Amounts receivable within one year40/41€77k€68k▼
Trade receivables40€63k€52k▼
Other amounts receivable41€14k€17k▲
Cash at bank and in hand54/58€41k€29k▼
Deferred charges and accrued income490/1€6k€8k▲
Equity and liabilities
Total equity and liabilities10/49€132k€119k▼
Equity10/15€60k€39k▼
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€13k€13k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€11k€11k=
Profit (loss) carried forward14€41k€20k▼
Amounts payable17/49€72k€80k▲
Amounts payable within one year42/48€72k€80k▲
Trade debts44€23k€56k▲
Suppliers440/4€23k€56k▲
Taxes, remuneration and social security45€49k€23k▼
Taxes450/3€25k€16k▼
Remuneration and social security454/9€24k€7k▼
Income statement
Code20232024
Turnover70€563k€592k▲
Goods, raw materials, services and sundry goods60/61€374k€448k▲
Remuneration, social security and pensions62€190k€184k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€4k▼
Other operating charges640/8€4k€4k▼
Non-recurring operating charges66A-€1k
Gross operating margin9900€200k€172k▼
Operating profit (loss)9901€-432€-21k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€835€923▲
Recurring financial charges65€835€923▲
Profit (loss) for the period before taxes9903€1k€-21k▼
Income taxes67/77€3k-
Profit (loss) for the period9904€-1k€-21k▼
Profit (loss) for the period to be appropriated9905€-1k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€41k€20k▼
Profit (loss) brought forward from the previous period14P€42k€41k▼
Social balance
Average headcount (FTE)90873.53.2▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 26 days late
2024
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 24 days late
2016
17-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Elsene · 1 establishment unit since 2006
Ground area
218 m²
Building footprint
87 m²
Volume, LiDAR
1,379 m³
Parcel 21447B0310/00L018, Brussels · tallest building 19.0 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
SOFIDO²
since 20062.169.291.271
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0310/00L018 | Brussels | 218 m² | 1 · 87 m² | 19.0 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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M CARRE
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MD Xpertise
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Mr. Wolff
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Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 5,585 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
Founded19-10-2006
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.