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 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Sofraco from Alken, company number BE0787291689, closed financial year 2025 with a result of € 17,085 after tax. For that financial year Sofraco recorded a gross margin of € 49,078 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 35,217 to € 17,085. 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 July 10, 2026.
€ 1.1 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,085
▼ 51% vs 2024
Profit after tax over the fiscal year.
€ 3,550
▼ 88% 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 € 238.
People and assets in 2025
€ 109,367
▲ 173% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 26,420
▼ 33% vs 2024
€ 13,539 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1,586
▲ € 1,286 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,644
▼ 61% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 26,179 | € 52,509 | € 49,078 | ▼ 7% |
| Profit after taxes | € -52,064 | € 35,217 | € 17,085 | ▼ 51% |
| Equity | € 1,011,936 | € 1,047,153 | € 1,064,238 | ▲ 2% |
| Total debts | € 128,974 | € 77,503 | € 261,556 | ▲ 237% |
| Cash | € 32,819 | € 28,739 | € 3,550 | ▼ 88% |
| Retained profit | € -52,064 | € -16,847 | € 238 | ▲ € 17,085 |
| Bank debt | € 51,968 | € 39,442 | € 26,420 | ▼ 33% |
| Balance sheet total | € 1,140,910 | € 1,124,656 | € 1,325,794 | ▲ 18% |
Key figures of Sofraco, fiscal years 2023 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 Sofraco?
What happened at Sofraco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,085 (▼ 51% vs 2024). Source: NBB ↗
- New establishment in Alken. KBO
- Frank Hahn became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 52,064 loss in 2023 to € 17,085 profit in 2025.
Paid € 2,091 in corporate taxes since 2023.
Best year ever: 2024, with € 35,217 profit.
Management
Behind Sofraco are Sofie Lassaut and Frank Hahn. Frank Hahn is also behind MINERAL COMPOSITE and MEERDEGAT.
Directors
According to the 2025 annual accounts
Sofie Lassaut
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Meerdegatstraat 173
3570 Alken
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0787.291.689
- VAT number
- BE 0787.291.689
- Registered office
- Meerdegatstraat 173, 3570 Alken
- Names & denominations
- Sofraco
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 June 2022
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Activiteiten van holdings
Holdings