Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
21 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
THE SOFICS COMPANY from Sint-Martens-Latem, company number BE0719360215, closed financial year 2025 with a result of € 1 million after tax. For that financial year THE SOFICS COMPANY recorded a gross margin of € 49,109 and equity of € 20.9 million. Compared with financial year 2024, the result moved from € 2.6 million to € 1 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 5, 2026.
€ 20.9 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1 million
▼ 59% vs 2024
Profit after tax over the fiscal year.
€ 47,943
▲ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 7 million.
Debts at end 2025
€ 3.1 million
▼ 25% vs 2024
€ 1 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 37,130
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 506
▼ 79% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 78,700 | € 49,865 | € 43,391 | € 49,109 | ▲ 13% |
| Profit after taxes | € 942,752 | € 2,510,686 | € 2,566,289 | € 1,044,298 | ▼ 59% |
| Equity | € 14,748,101 | € 17,258,787 | € 19,825,075 | € 20,869,373 | ▲ 5% |
| Total debts | € 6,376,790 | € 5,201,282 | € 4,174,301 | € 3,128,069 | ▼ 25% |
| Cash | € 78,383 | € 21,169 | € 39,159 | € 47,943 | ▲ 22% |
| Retained profit | € 896,929 | € 3,407,615 | € 5,973,903 | € 7,018,201 | ▲ 17% |
| Bank debt | € 6,171,429 | € 5,142,857 | € 4,114,286 | € 3,085,714 | ▼ 25% |
| Balance sheet total | € 21,124,891 | € 22,460,068 | € 23,999,376 | € 23,997,442 |
Key figures of THE SOFICS COMPANY, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to THE SOFICS COMPANY?
What happened at THE SOFICS COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ruth De Wulf stepped down as director. NBB
- CREAFUND stepped down as director. NBB
- Inge Vercruysse stepped down as director. NBB
- Koen Verhaege stepped down as director. NBB
- Kenneth Depuydt stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1 million (▼ 59% vs 2024). Source: NBB ↗
- Ruth De Wulf became a director. NBB
- CREAFUND became a director. NBB
In short
From € 942,752 profit in 2022 to € 1 million profit in 2025.
Paid € 22,734 in corporate taxes since 2022.
Best year ever: 2024, with € 2.6 million profit.
Management
The shares are held by CREAFUND NV (52.9%), Kogeni (34.2%), Koen Verhaege (5%), Inge Vercruysse (5%), Administratiekantoor Sofics (1.9%) and Ruth Dewulf (1.1%). It owns 100% of SOFICS itself.
Directors
According to the 2025 annual accounts
Ruth De Wulf
Director
Also active at: Beddeleem, DIRESCO, COEMAN PACKAGING, Purna Pharmaceuticals, SOFICS, Cu.be Solutions, MOBILE LOCKER, CREAFUND ASSET MANAGEMENT +9 more
since 2021 · until 2027
Director · represented by Herman Wielfaert
Also active at: DIRESCO, COEMAN PACKAGING, CREALOAN, SOFICS, Cu.be Solutions, JOVEGI, MOBILE LOCKER, SOLFAR +11 more
since 2021 · until 2027
since 2021 · until 2027
Koen Verhaege
Director
Owns 5% directly
since 2021 · until 2027
since 2021 · until 2027
Shareholders
52.9%
34.2%
Koen Verhaege · director
5%
Inge Vercruysse
5%
Ruth Dewulf
1.1%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Maenhoutstraat 77 box A
9830 Sint-Martens-Latem
Maenhoutstraat 77A
9830 Sint-Martens-Latem
Active since 24 January 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 21 companies are registered at this address.
All companies at this address →IBKEM
€ -30,391 gross margin · 2025
CREALOAN same network
€ 71,151 revenue · 2025
CREAFUND same network
€ 696,694 revenue · 2025
CREAFUND MANAGEMENT
€ 174,039 gross margin · 2025
SPEED 8
€ 8,365 gross margin · 2025
+16 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0719.360.215
- VAT number
- BE 0719.360.215
- Registered office
- Maenhoutstraat 77 bus A, 9830 Sint-Martens-Latem
- Names & denominations
- THE SOFICS COMPANY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 January 2019
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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