Sophie's Papers

Active

Private limited companyfounded 20223 yrs activeBrugstraat 108, 2960 Brecht, BelgiumKBO/BCE: BE 0791.510.892

The computed 12-month bankruptcy probability of Sophie's Papers is 1.8% (moderate). The 2025 annual accounts show equity of €77k and a net result of €13k. Equity is growing by ~21.2% per year across the filed fiscal years. Its solvency ranks better than 27% of 10359 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

50 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability42▼-1

Solvency42▲+3

Growth78=

Track record94

Bankruptcy probability, 12 months

1.8% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €3.5k at 30 days acceptable

Liquidity tight (current ratio 1.49 against 1.37 in 2024; short-term debt: 33.5% and cash: 7.7% of total assets), and 82.5% of the assets are financed with debt.

How do we compute the score and the probability?

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

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

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

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

17.5%

Return on assets

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

1 d early

2024

20 d late

2023

14 d early

← before the deadline after the deadline →

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 months

Position in the running window

23-09-2026 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

Financials · fiscal year 2025, abbreviated schema

Equity

€77k▲ 20.5%

2024 · €64k

2023: €50k 2024: €64k

2023 → 2025

Total assets

€439k▼ 0.1%

2024 · €440k

2023: €439k 2024: €440k

2023 → 2025

Net result

€13k▼ 6.6%

2024 · €14k

2023: €-25k 2024: €14k

2023 → 2025

Working capital

€72k▲ 35.4%

2024 · €53k

2023: €48k 2024: €53k

2023 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202320242025Trend

Equity€50k-€64k▲ 28.1%€77k▲ 20.5%

Operating result€133-€34k▲ 25,678%€33k▼ 2.5%

Net result€-25k-€14k€13k▼ 6.6%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 2% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €439k

50.0%

Fixed assets €220k▼ 8.5%

Current assets €220k▲ 10.0%

Equity and liabilities €439k

17.5%

82.5%

Equity €77k▲ 20.5%

Debt €363k▼ 3.6%

The debt ratio falls from 85.5% to 82.5%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€57k▼

2024 · €61k

Cash flow

€37k▼

2024 · €41k

Solvency

17.5%▲

2024 · 14.5%

Current ratio

1.49▲

2024 · 1.37

Quick ratio

1.03▲

2024 · 1.01

Debt / equity

4.72▼

2024 · 5.90

ROE

17.0%▼

2024 · 21.9%

ROA

3.0%▼

2024 · 3.2%

Interest coverage

2.34▼

2024 · 2.41

Debt

€363k▼

2024 · €376k

Debt ≤ 1 year

€147k▲

2024 · €146k

Debt > 1 year

€214k▼

2024 · €229k

Income taxes

€132▲

2024 · €128

Staff costs

€71k▲

2024 · €58k

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

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€440k€439k▼

Fixed assets21/28€240k€220k▼

Intangible fixed assets21€29k€19k▼

Tangible fixed assets22/27€211k€200k▼

Land and buildings22€207k€197k▼

Plant, machinery and equipment23€3k€3k▼

Furniture and vehicles24€337€2▼

Financial fixed assets28€500€500=

Current assets29/58€200k€220k▲

Stocks and contracts in progress3€51k€67k▲

Stocks30/36€51k€67k▲

Amounts receivable within one year40/41€132k€117k▼

Trade receivables40€19k€8k▼

Other amounts receivable41€112k€108k▼

Cash at bank and in hand54/58€15k€34k▲

Deferred charges and accrued income490/1€2k€2k▲

Equity and liabilities

Total equity and liabilities10/49€440k€439k▼

Equity10/15€64k€77k▲

Contributions10/11€75k€75k=

Profit (loss) carried forward14€-11k€2k▲

Amounts payable17/49€376k€363k▼

Amounts payable after more than one year17€229k€214k▼

Financial debts170/4€229k€214k▼

Amounts payable within one year42/48€146k€147k▲

Current portion of amounts payable after more than one year42€17k€21k▲

Financial debts43€46k€16k▼

Credit institutions430/8€46k€16k▼

Trade debts44€58k€83k▲

Suppliers440/4€58k€83k▲

Taxes, remuneration and social security45€19k€19k▼

Taxes450/3€3k€3k▼

Remuneration and social security454/9€16k€16k▲

Other amounts payable47/48€7k€8k▲

Accrued charges and deferred income492/3€1k€1k▲

Income statement Code20242025

Remuneration, social security and pensions62€58k€71k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€24k▼

Other operating charges640/8€2k€2k▲

Gross operating margin9900€121k€130k▲

Operating profit (loss)9901€34k€33k▼

Financial income75/76B€5k€4k▼

Recurring financial income75€5k€4k▼

Financial charges65/66B€25k€24k▼

Recurring financial charges65€25k€24k▼

Profit (loss) for the period before taxes9903€14k€13k▼

Income taxes67/77€128€132▲

Profit (loss) for the period9904€14k€13k▼

Profit (loss) for the period to be appropriated9905€14k€13k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-11k€2k▲

Profit (loss) brought forward from the previous period14P€-25k€-11k▲

Social balance

Average headcount (FTE)90872.22.5▲

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 4Financial 1Filings 3

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

2026

30-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

20-08

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 20 days late

2024

31-12

Financial Back to profitnet €14k

Net result €14k after one loss-making year.

17-07

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

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

Directors · office · real estate

Directors

1 act for this company is 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, Brecht · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Brugstraat 1082960 Brecht

Ground area

440 m²

Building footprint

566 m²

Volume, LiDAR

4,444 m³

Parcel 11042A0152/00P004, Flanders · tallest building 14.6 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

Sophie's Papers

Brugstraat 108, 2960 BrechtRetail sale of chocolate and confectionery

since 20222.337.615.668

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11042A0152/00P004	Flanders	440 m²	1 · 566 m²	14.6 m · 3 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.

Similar companies · same sector, comparable size

Neufchâteau · Eq €77k

LIBRAIRIE DE LA SENNETTE

BE 0508.602.771

Ecaussinnes · Eq €77k

Middelkerke · Eq €76k

Of 2,348 companies in sector 47621 we hold annual accounts for 1,246. 1,102 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded28-09-2022

Fiscal year end31-12

Activities, NACEBEL

47620Retail trade

47621Retail sale of newspapers and periodicals

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.