ACTIVE

SOFINSUD

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Financial year 2025 · closed on 31/12/2025
Net result
-1,2 M €
-2265.9% YoY
Gross margin
-299,5 k €
-137.7% YoY
Equity
9,0 M €
-11.9% YoY

What does SOFINSUD do?

SOFINSUD is a Public limited company incorporated in 1989. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Bruxelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0439.721.784
Incorporation
19/12/1989
Legal form
Public limited company
Registered office
Avenue des Arts 58
1000 Bruxelles · BruxellesSee on map
Contributed capital
9 025 335,91 €
Latest accounts
31/12/2025
Activities (NACE)
68203Rental and operating of own or leased real estate· main68203Rental and operating of own or leased real estate
Signals
Solid equity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin-299,5 k €794,2 k €986,9 k €1,3 M €897,0 k €1,2 M €1,1 M €1,0 M €152,0 k €-32,7 k €52,0 k €204,0 k €169,3 k €-248,3 k €263,2 k €382,4 k €297,0 k €379,2 k €186,5 k €
EBITDA-694,9 k €412,1 k €623,0 k €941,1 k €568,7 k €860,5 k €825,4 k €618,3 k €-2,2 k €-34,4 k €51,0 k €88,2 k €57,6 k €-550,9 k €70,6 k €192,8 k €109,5 k €155,2 k €51,8 k €
Operating result-1,2 M €-85,3 k €124,4 k €443,5 k €81,8 k €339,5 k €284,1 k €39,4 k €-547,1 k €-34,4 k €51,0 k €88,2 k €-96,7 k €-726,0 k €-153,3 k €-49,6 k €-148,8 k €-90,3 k €-167,1 k €
Net result-1,2 M €-51,6 k €1,5 M €-2,1 M €-102,3 k €-87,2 k €324,2 k €-221,2 k €-444,7 k €-1,3 M €48,1 k €-1,6 M €1,4 M €4,2 M €-580,0 k €-220,9 k €-338,2 k €-314,4 k €-355,6 k €
Balance sheet
Equity9,0 M €10,2 M €2,3 M €756,2 k €2,8 M €2,9 M €3,0 M €2,7 M €2,8 M €3,2 M €2,6 M €2,6 M €6,4 M €5,0 M €859,4 k €1,4 M €1,7 M €2,0 M €2,3 M €
Total assets9,3 M €10,3 M €13,3 M €11,4 M €12,1 M €12,7 M €14,2 M €14,4 M €14,9 M €4,8 M €3,7 M €6,4 M €10,2 M €10,4 M €8,0 M €7,6 M €7,9 M €8,1 M €8,1 M €
Cash–––62,6 k €55,4 k €343,4 k €124,5 k €52,4 k €48,5 k €2,0 k €7,8 k €6,6 k €67,3 k €110,9 k €805,1 k €2,6 k €30,5 k €76,1 k €72,9 k €
Debts239,2 k €81,5 k €10,7 M €10,5 M €8,6 M €9,1 M €9,8 M €10,4 M €10,7 M €4,1 k €4,7 k €2,8 M €2,8 M €2,7 M €7,1 M €6,1 M €6,2 M €6,1 M €5,8 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 11 ended

Active mandates

MARC VAN BEGIN

Director · since 15 juillet 2024 · until 02 juin 2026 · 0864.979.583

Represented by Marc VAN BEGIN

Active
Laurent Stalens RE

Director · since 19 juillet 2022 · until 02 juin 2026 · 0788.696.508

Represented by Laurent STALENS

Active
AMAURY DE CROMBRUGGHE

Director · since 22 juin 2020 · until 02 juin 2026 · 0464.615.548

Represented by Amaury DE CROMBRUGGHE

Active

Ended mandates

Xavier DENIS

Director · since 22 septembre 2022 · until 02 juin 2026

Ended
LAURENT STALENS

Director · since 22 juin 2020 · until 02 juin 2026 · 0867.656.486

Represented by Laurent STALENS

Ended
Thibaut TREVE

Director · since 22 juin 2020 · until 02 juin 2026

Ended
GEMILI

Director · since 04 avril 2011 · until 04 avril 2017 · 0893.394.546

Represented by Jean Boghossian

Ended
At this address

Other companies at this address

CompanyCBE no.
ACA WERKRUIMTE● Active
0872.389.987
AG FINANCE● Active
0466.967.995
AG REAL ESTATE● Active
0403.231.968
AG Real Estate Asset Management● Active
0460.912.920
AG REAL ESTATE CAR PARK● Active
1010.617.858
AG REAL ESTATE CO-PRODUCTION IN DEVELOPMENT● Active
0825.540.571
AG REAL ESTATE COPRODUCTION IN DEVELOPMENT 2● Active
1009.685.767
AG REAL ESTATE FINANCE● Active
0445.949.679
AG REAL ESTATE LAND● Active
0417.389.515
AG Real Estate Projects● Active
0632.680.619
AG Real Estate Property Management● Active
0450.100.190
AG REAL ESTATE SHARED SERVICES● Active
0472.969.525
AG REAL ESTATE WESTINVEST● Active
0841.798.563
AG Real Estate Westloan● Active
0871.397.025
AG RE OFFICE INVEST I● Active
0747.926.418
AG Residential● Active
0794.337.651
AIRPORT DEVELOPMENT● Active
0694.728.846
Ambassade du Canada● Active
0933.395.762
ARLON 53● Active
0743.427.893
AXS NAMUR 2● Active
0715.892.563
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/06/202611/06/202517/06/202413/06/202309/06/202211/06/2021
General meeting02/06/202603/06/202504/06/202406/06/202307/06/202201/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

22 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202502/06/202616/06/2026FrenchPDF
Abridged model31/12/202403/06/202511/06/2025FrenchPDF
Abridged model31/12/202304/06/202417/06/2024FrenchPDF
Abridged model31/12/202206/06/202313/06/2023FrenchPDF
Abridged model31/12/202107/06/202209/06/2022FrenchPDF
Abridged model31/12/202001/06/202111/06/2021FrenchPDF
Abridged model31/12/201915/06/202019/06/2020FrenchPDF
Micro model31/12/201815/05/201930/01/2020FrenchPDF
Micro modelCorrection31/12/201715/05/201830/10/2018FrenchPDF
Micro model31/12/201715/05/201821/09/2018FrenchPDF
Abridged model31/12/201615/05/201731/08/2017FrenchPDF
Abridged model31/12/201518/05/201610/08/2016FrenchPDF
Abridged model31/12/201419/05/201510/08/2015FrenchPDF
Abridged model31/12/201320/05/201406/08/2014FrenchPDF
Abridged model31/12/201221/05/201312/08/2013FrenchPDF
Abridged model31/12/201121/05/201220/08/2012FrenchPDF
Abridged model31/12/201016/05/201122/06/2011FrenchPDF
Abridged model31/12/200917/05/201028/06/2010FrenchPDF
Abridged modelCorrection31/12/200830/06/200915/09/2009FrenchPDF
Abridged model31/12/200830/06/200931/08/2009FrenchPDF
Abridged model31/12/200730/06/200827/08/2008FrenchPDF
Abridged model31/12/200621/05/200730/08/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 11 ended

Active mandates

MARC VAN BEGIN

Director · since 15 juillet 2024 · until 02 juin 2026 · 0864.979.583

Represented by Marc VAN BEGIN

Active
Laurent Stalens RE

Director · since 19 juillet 2022 · until 02 juin 2026 · 0788.696.508

Represented by Laurent STALENS

Active
AMAURY DE CROMBRUGGHE

Director · since 22 juin 2020 · until 02 juin 2026 · 0464.615.548

Represented by Amaury DE CROMBRUGGHE

Active

Ended mandates

Xavier DENIS

Director · since 22 septembre 2022 · until 02 juin 2026

Ended
LAURENT STALENS

Director · since 22 juin 2020 · until 02 juin 2026 · 0867.656.486

Represented by Laurent STALENS

Ended
Thibaut TREVE

Director · since 22 juin 2020 · until 02 juin 2026

Ended
GEMILI

Director · since 04 avril 2011 · until 04 avril 2017 · 0893.394.546

Represented by Jean Boghossian

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/06/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares29/08/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates26/06/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/10/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/06/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares30/12/2020
    CAPITAL, ACTIONS
    PDF
  • Other02/10/2020
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - ASSEMBLEE GENERALE
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-1,2 M €↓
  2. 2024
    Annual accounts 2024-51,6 k €↓
  3. 2023
    Annual accounts 20231,5 M €↑
  4. 2022
    Annual accounts 2022-2,1 M €↓
  5. 2021
    Annual accounts 2021-102,3 k €↓
  6. 2020
    Annual accounts 2020-87,2 k €↓
  7. 2019
    Annual accounts 2019324,2 k €↑
  8. 2018
    Annual accounts 2018-221,2 k €↑
  9. 2017
    Annual accounts 2017-444,7 k €↑
  10. 2016
    Annual accounts 2016-1,3 M €↓
  11. 2015
    Annual accounts 201548,1 k €↑
  12. 2014
    Annual accounts 2014-1,6 M €↓
  13. 2013
    Annual accounts 20131,4 M €↓
  14. 2012
    Annual accounts 20124,2 M €↑
  15. 2011
    Annual accounts 2011-580,0 k €↓
  16. 2010
    Annual accounts 2010-220,9 k €↑
  17. 2009
    Annual accounts 2009-338,2 k €↓
  18. 2008
    Annual accounts 2008-314,4 k €↑
  19. 2007
    Annual accounts 2007-355,6 k €
  20. 19/12/1989
    IncorporationPublic limited company