SOFYMO
ActiveSummary
SOFYMO has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.93M and a net result of €103k. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 64% of 9716 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability55▼-33
Solvency73▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 7.65 against 10.08 in 2023; short-term debt: 7.9% and cash: 3.6% of total assets), but 52.4% 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
47.6%
Return on assets
2.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
19 d early
2022
28 d early
2021
40 d early
2020
31 d late
2019
90 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.93M▲ 5.6%
2023 · €1.83M
2018: €811k
2019: €928k
2020: €1.03M
2021: €1.12M
2022: €1.21M
2023: €1.83M
2018 → 2024
Total assets
€4.06M▼ 0.2%
2023 · €4.06M
2018: €1.63M
2019: €1.59M
2020: €3.76M
2021: €3.76M
2022: €3.68M
2023: €4.06M
2018 → 2024
Net result
€103k▼ 83.4%
2023 · €622k
2018: €129k
2019: €117k
2020: €63k
2021: €92k
2022: €88k
2023: €622k
2018 → 2024
Working capital
€2.12M▲ 1.2%
2023 · €2.09M
2018: €-210k
2019: €-240k
2020: €2.17M
2021: €2.15M
2022: €2.13M
2023: €2.09M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.03M-€1.12M▲ 9.0%€1.21M▲ 7.8%€1.83M▲ 51.5%€1.93M▲ 5.6%
Operating result€145k-€176k▲ 21.3%€109k▼ 38.3%€522k▲ 379%€-431
Net result€63k-€92k▲ 46.5%€88k▼ 5.0%€622k▲ 608%€103k▼ 83.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €431 after €522k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.06M
Fixed assets
€1.62M ▼ 6.9%
Current assets
€2.44M ▲ 4.9%
Equity and liabilities €4.06M
Equity
€1.93M ▲ 5.6%
Provisions
€147k ▼ 6.9%
Debt
€1.98M ▼ 4.7%
Debt's share of the balance-sheet total falls from 51.1% to 48.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€120k▼
2023 · €616k
Cash flow
€223k▼
2023 · €716k
Current ratio
7.65▼
2023 · 10.08
Debt to equity
1.02▼
2023 · 1.14
ROE
5.3%▼
2023 · 34.0%
ROA
2.5%▼
2023 · 15.3%
Interest coverage
3.94▼
2023 · 14.54
Debt ≤ 1 year
€319k▲
2023 · €230k
Debt > 1 year
€1.66M▼
2023 · €1.83M
Income taxes
€43k▼
2023 · €68k
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 · 54 lines
Balance sheet
Code20232024
Assets
Total assets20/58€4.06M€4.06M▼
Fixed assets21/28€1.74M€1.62M▼
Tangible fixed assets22/27€1.74M€1.62M▼
Land and buildings22€1.74M€1.62M▼
Current assets29/58€2.32M€2.44M▲
Amounts receivable after more than one year29€2.00M€1.90M▼
Other amounts receivable291€2.00M€1.90M▼
Amounts receivable within one year40/41€103k€361k▲
Other amounts receivable41€103k€361k▲
Cash at bank and in hand54/58€194k€146k▼
Deferred charges and accrued income490/1€26k€30k▲
Equity and liabilities
Total equity and liabilities10/49€4.06M€4.06M▼
Equity10/15€1.83M€1.93M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.77M€1.87M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€473k€440k▼
Distributable reserves133€1.29M€1.42M▲
Provisions and deferred taxes16€158k€147k▼
Deferred taxes168€158k€147k▼
Amounts payable17/49€2.08M€1.98M▼
Amounts payable after more than one year17€1.83M€1.66M▼
Financial debts170/4€1.80M€1.62M▼
Other amounts payable178/9€35k€35k=
Amounts payable within one year42/48€230k€319k▲
Current portion of amounts payable after more than one year42€157k€174k▲
Trade debts44€25k€94k▲
Suppliers440/4€25k€94k▲
Taxes, remuneration and social security45€41k€43k▲
Taxes450/3€41k€43k▲
Other amounts payable47/48€7k€8k▲
Accrued charges and deferred income492/3€15k€3k▼
Income statement
Code20232024
Non-recurring operating income76A€435k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€94k€120k▲
Other operating charges640/8€16k€17k▲
Gross operating margin9900€632k€137k▼
Operating profit (loss)9901€522k€-431▼
Financial income75/76B€200k€166k▼
Recurring financial income75€200k€166k▼
Financial charges65/66B€42k€30k▼
Recurring financial charges65€42k€30k▼
Profit (loss) for the period before taxes9903€680k€135k▼
Transfer from deferred taxes780€10k€11k▲
Income taxes67/77€68k€43k▼
Profit (loss) for the period9904€622k€103k▼
Transfer from tax-exempt reserves789€31k€32k▲
Profit (loss) for the period to be appropriated9905€653k€136k▼
Appropriation of the result
Profit (loss) to be appropriated9906€653k€136k▼
Transfer to equity691/2€653k€136k▼
To other reserves6921€653k€136k▼
Social balance
Average headcount (FTE)90870.00.0=
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
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €622k ▲608%
Operating result €522k, net result €622k, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €63k ▼45.9%
Net result drops to €63k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 38current ratio 11.56
Current ratio from 0.31 to 11.56; short-term debt falls from €345k to €205k.
31-12
Financial
Equity above €1MEq €1.03M ▲10.7%
3 profitable years in a row build equity to €1.03M.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 90 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 26 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
13-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 74 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Schilde · 2 establishment units since 2003
Ground area
9,100 m²
Building footprint
2,368 m²
Volume, LiDAR
2,423 m³
2 parcels, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Narcissenlaan 2, 2970 Schilde
since 20032.129.331.726
Ringlaan 17, 2960 Brecht
since 20212.313.138.016
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11333D0783/00M002 | Flanders | 6,368 m² | 1 · 2,054 m² | 0.6 m |
| 11041C0311/00A003 | Flanders | 2,732 m² | 1 · 314 m² | 11.8 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.
Similar companies · same sector, comparable size
INCLUSIO OSTBELGIEN
BE 0778.320.377
Lontzen · Eq €1,932,904
IMOËR
BE 0466.603.553
Hasselt · Eq €1,931,614
BLOOM IMMO
BE 0751.628.848
Vorst · Eq €1,931,387
BEYENS INVEST
BE 0745.909.709
Ravels · Eq €1,933,217
MEGA
BE 0466.292.757
Westerlo · Eq €1,936,898
Of 9,136 companies in sector 68201 we hold annual accounts for 6,765. 4,337 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 formPublic limited company
Founded09-04-1987
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.