LE SORINIA
ActiveSummary
LE SORINIA has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.4m and a net result of €3.9m. Equity is shrinking by about 27% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 35% of 1,022 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
- Equity
- €4.4m
- Profit
- €3.9m
- Parent
- HOMEGA · 98.44%
- Holdings
- 1
Why 69raises riskLiquidity: current ratio 3.62, cash €1,8551 change of registered office in 24 monthsSector: Construction of residential and non-residential buildings (NACE 41)Equity €4.4m (22.6% of total assets)Show the evidence
Checked score
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, medium-sized): better than 44% on solvency, 65% on liquidity, 97% on profitability and 99% on growth.
The bankruptcy probability was computed on 22-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 18 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
- Registered officeRegistered-office move
- Annual accounts filedfinancial year 2025 · full…
- Capital & sharesApproval · Auditor report ·…
Financials · financial year 2025, full format
Source amounts without an identifiable currency are assumed to be EUR.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €2.4m after a loss of €6.1m in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 378 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97.1% are still going.
- Medium-sized
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 378 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €3.3m | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | - | - | - |
| Other operating charges640/8 | - | - | - | €0.7m | €0.1m | €0.5m | €0.5m | €0.5m | ▼ 0.1% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €3.3m | - | - |
| Gross operating margin9900 | €0.2m | €0.8m | €0.7m | €0.4m | -€0.3m | -€1.3m | -€2.3m | €2.9m | - |
| Operating profit (loss)9901 | -€0.7m | €0.2m | -€0.08m | -€0.6m | -€0.6m | -€2.0m | -€6.1m | €2.4m | - |
| Financial income75/76B | - | - | - | €0.005m | €0.006m | €0.005m | €0.04m | €1.0m | ▲ 2,312% |
| Recurring financial income75 | €0.02m | €0.01m | €0.007m | €0.005m | €0.006m | €0.005m | €0.04m | €0.008m | ▼ 79.9% |
| Non-recurring financial income76B | - | - | - | - | - | - | - | €1.0m | - |
| Financial charges65/66B | - | - | - | €0.1m | €0.1m | €0.1m | €5.1m | €0.2m | ▼ 96.5% |
| Recurring financial charges65 | €0.3m | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 20.6% |
| Non-recurring financial charges66B | - | - | - | - | - | - | €5.0m | - | - |
| Profit (loss) for the period before taxes9903 | -€0.9m | €0.06m | -€0.2m | -€0.7m | -€0.7m | -€2.1m | -€11.2m | €3.2m | - |
| Transfer from deferred taxes780 | - | - | - | €0.06m | €0.06m | €0.06m | €0.4m | €0.7m | ▲ 66.8% |
| Income taxes67/77 | €0 | €0 | €0 | - | - | - | - | - | - |
| Profit (loss) for the period9904 | -€0.8m | €0.1m | -€0.2m | -€0.6m | -€0.7m | -€2.0m | -€10.8m | €3.9m | - |
| Transfer from tax-exempt reserves789 | - | - | - | €0.1m | €0.1m | €0.1m | €0.8m | €1.3m | ▲ 66.8% |
| Profit (loss) for the period to be appropriated9905 | -€0.7m | €0.2m | -€0.05m | -€0.5m | -€0.6m | -€1.9m | -€10.0m | €5.2m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €11.6m | €11.3m | €11.5m | €9.7m | €9.1m | €8.6m | €14.3m | €19.6m | ▲ 36.7% |
| Formation expenses20 | €0 | €0 | €0 | - | - | - | - | - | - |
| Fixed assets21/28 | €9.4m | €9.2m | €9.0m | €8.9m | €8.7m | €8.5m | - | €1.0m | - |
| Intangible fixed assets21 | €0 | €0 | €0 | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €4.4m | €4.3m | €4.1m | €3.9m | €3.7m | €3.5m | - | - | - |
| Land and buildings22 | - | - | - | €3.9m | €3.7m | €3.5m | - | - | - |
| Financial fixed assets28 | €5.0m | €5.0m | €5.0m | €5.0m | €5.0m | €5.0m | - | €1.0m | - |
| Current assets29/58 | €2.2m | €2.1m | €2.4m | €0.9m | €0.4m | €0.09m | €14.3m | €18.6m | ▲ 29.8% |
| Stocks and contracts in progress3 | €0.08m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €13.9m | €18.0m | ▲ 30.1% |
| Stocks30/36 | - | - | - | €0.001m | €0.001m | €0.001m | €13.9m | €18.0m | ▲ 30.1% |
| Amounts receivable within one year40/41 | €1.9m | €1.8m | €2.3m | €0.6m | €0.4m | €0.09m | €0.4m | €0.5m | ▲ 18.3% |
| Trade receivables40 | - | - | - | €0.3m | €0.08m | €0.08m | €0.2m | €0.2m | ▼ 6.6% |
| Other amounts receivable41 | - | - | - | €0.3m | €0.3m | €0.01m | €0.3m | €0.4m | ▲ 34.7% |
| Current investments50/53 | €0 | €0 | €0 | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.2m | €0.2m | €0.2m | €0.3m | €0.001m | €0.002m | €0.001m | €0.002m | ▲ 253% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €11.6m | €11.3m | €11.5m | €9.7m | €9.1m | €8.6m | €14.3m | €19.6m | ▲ 36.7% |
| Equity10/15 | €2.1m | €2.2m | €2.1m | €1.4m | €0.7m | -€1.3m | -€12.1m | €4.4m | - |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €12.7m | ▲ 20,338% |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €12.7m | ▲ 20,338% |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €12.7m | ▲ 20,338% |
| Reserves13 | €2.7m | €2.6m | €2.5m | €2.4m | €2.2m | €2.1m | €1.3m | €0.006m | ▼ 99.5% |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Tax-exempt reserves132 | - | - | - | €2.3m | €2.2m | €2.1m | €1.3m | - | - |
| Profit (loss) carried forward14 | -€0.6m | -€0.4m | -€0.5m | -€1.0m | -€1.6m | -€3.5m | -€13.5m | -€8.3m | ▲ 38.8% |
| Provisions and deferred taxes16 | €1.4m | €1.3m | €1.3m | €1.2m | €1.2m | €1.1m | €4.0m | - | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | - | - | €3.3m | - | - |
| Other liabilities and charges164/5 | - | - | - | - | - | - | €3.3m | - | - |
| Deferred taxes168 | - | - | - | €1.2m | €1.2m | €1.1m | €0.7m | - | - |
| Amounts payable17/49 | €8.2m | €7.7m | €8.1m | €7.1m | €7.2m | €8.8m | €22.4m | €15.1m | ▼ 32.6% |
| Amounts payable after more than one year17 | - | - | - | - | - | - | €7.1m | €10.0m | ▲ 40.6% |
| Financial debts170/4 | - | - | - | - | - | - | €7.1m | €10.0m | ▲ 40.6% |
| Amounts payable within one year42/48 | €8.2m | €7.7m | €8.1m | €7.1m | €7.2m | €8.8m | €15.3m | €5.1m | ▼ 66.6% |
| Trade debts44 | €1.9m | €1.3m | €1.5m | €0.9m | €0.9m | €2.0m | €15.3m | €5.1m | ▼ 66.5% |
| Suppliers440/4 | - | - | - | €0.9m | €0.9m | €2.0m | €15.3m | €5.1m | ▼ 66.5% |
| Taxes, remuneration and social security45 | - | - | - | €0.03m | - | €0.006m | €0.006m | - | - |
| Taxes450/3 | - | - | - | €0.03m | - | €0.006m | €0.006m | - | - |
| Other amounts payable47/48 | - | - | - | €6.2m | €6.3m | €6.8m | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.8m | €0.1m | -€0.2m | -€0.6m | -€0.7m | -€2.0m | -€10.8m | €3.9m | - |
| + Depreciation and write-downs630 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | - | - | - |
| Operating cash flow (approximation) | -€0.7m | €0.3m | €0.02m | -€0.4m | -€0.5m | -€1.9m | -€10.8m | €3.9m | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | - | - | - |
| Change in cash | - | €0.002m | -€0.09m | €0.1m | -€0.3m | €0.001m | -€0.001m | €0.001m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 32 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 17-07-2026 | 2026-00308909 |
| 31-12-2024 | abbreviated format | 18-06-2025 | 2025-00150569 |
| 31-12-2023 | abbreviated format | 14-06-2024 | 2024-00134807 |
| 31-12-2022 | abbreviated format | 15-06-2023 | 2023-00133180 |
| 31-12-2021 | abbreviated format | 15-06-2022 | 2022-20068383 |
| 31-12-2020 | abbreviated format | 16-06-2021 | 2021-21100371 |
| 31-12-2019 | abbreviated format | 26-11-2020 | 2020-72700296 |
| 31-12-2018 | abbreviated format | 20-08-2019 | 2019-48700194 |
| 31-12-2017 | abbreviated format | 23-11-2018 | 2018-72800105 |
| 31-12-2016 | full format | 04-10-2017 | 2017-66300181 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
1 ownerChain of control
- HOMEGA
- LE SORINIA
Highest known parent: HOMEGA. The sources do not say who stands above it.
Owners 1
- HOMEGAparentSourceaccounts HOMEGA 202498.44%
According to the 2021 annual accounts of LE SORINIA and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- 22-01-2026 Capital increase of €12,609,562.60 · to €12,671,562.60 · 13,016 new shares · in kind
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
6.85%
According to the 2021 annual accounts of LE SORINIA and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
The network starts from this company’s shareholders. What else they own or run appears here as nodes.
History
Acts, filings and financial milestones
11-09
Gazette deed
Registered officeRegistered-office move2 facts ▸
- General meeting, 14-05-2026
- Registered-office move, Rue Colonel Bourg 139, 1140 Evere
22-01
Gazette deed
Capital & sharesApproval · Auditor report · Capital increase8 facts ▸
- General meeting, 23-12-2025
- Approval, “goedkeuring verslagen”, 18-12-2025 (deed in French)
- Auditor report, 19-12-2025 (2 times)
- Capital increase, €12,609,562.60
- Capital contribution
- Other provision, “aandeelhouders, verzaking voorkeurrecht” (deed in French)
- Capital, €12,671,562.60
- Amendment of the articles, 5
Show earlier events
About the unread acts
Of the 10 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 23 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0450.172.347
Recognitions · licences · registrations
Recognised contractor
2 categories- D General building contractsclass 1, up to €162,000
- D1 All shell construction and roofing-in of buildingsclass 1, up to €162,000
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21009A1041/00A002 | Brussels | 3,260 m² | 1 · 154 m² | 17.2 m · 5 |
| 21372C0112/00C012indicative | Brussels | 910 m² | 1 · 364 m² | 17.0 m · 4 |