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SADINTER-SOGECOMEX

Active
Public limited companyfounded 200422 yrs activeAvenue Robert Schuman 181, 1401 Nivelles, BelgiumKBO/BCE: BE 0865.122.808

SADINTER-SOGECOMEX has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.94M and a net result of €152k. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 40% of 4827 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
71 / 100
Healthy▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability28▼-21
Solvency69▼-4
Growth74▼-1
Stability100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.61 in 2024), but 63.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 22 years 0 30 y
lowers risk · 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
36.7%
Return on assets
2.9%
Age of the figures
8 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
50 d early
2024
51 d early
2023
48 d early
2022
47 d early
2021
47 d early
2020
46 d early
2019
on the day
← before the deadline after the deadline →
neutral · 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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, full schema

Turnover
€13.17M▲ 7.7%
2024 · €12.23M
2022: €9.91M 2023: €11.64M 2024: €12.23M
2022 → 2025
EBIT margin
2.7%▼ 1.8pp
2024 · 4.6%
2022: 3.6% 2023: 6.0% 2024: 4.6%
2022 → 2025
Net result
€152k▼ 51.1%
2024 · €310k
2018: €-76k 2019: €38k 2020: €76k 2021: €212k 2022: €203k 2023: €417k 2024: €310k
2018 → 2025
Working capital
€1.82M▲ 4.6%
2024 · €1.74M
2018: €918k 2019: €943k 2020: €1.03M 2021: €1.26M 2022: €1.44M 2023: €1.75M 2024: €1.74M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€9.91M€11.64M▲ 17.4%€12.23M▲ 5.1%€13.17M▲ 7.7%
Equity€1.30M-€1.48M▲ 13.6%€1.74M▲ 17.8%€1.79M▲ 2.8%€1.94M▲ 8.5%
Operating result€388k-€360k▼ 7.4%€696k▲ 93.5%€557k▼ 19.9%€358k▼ 35.8%
Net result€212k-€203k▼ 4.6%€417k▲ 106%€310k▼ 25.7%€152k▼ 51.1%
Result per fiscal year
Operating resultNet result
€0€200k€400k€600kOperating result 2021: €388k€388kNet result 2021: €212k€212kOperating result 2022: €360k€360kNet result 2022: €203k€203kOperating result 2023: €696k€696kNet result 2023: €417k€417kOperating result 2024: €557k€557kNet result 2024: €310k€310kOperating result 2025: €358k€358kNet result 2025: €152k€152k20212022202320242025
The operating result has fallen two years in a row; 2025 is 36% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.29M
Fixed assets €128k▲ 134%
Current assets €5.16M▲ 12.2%
Equity and liabilities €5.29M
Equity €1.94M▲ 8.5%
Debt €3.35M▲ 16.9%
The debt ratio rises from 61.5% to 63.3%: debt grows faster than equity.
Key figures and ratios
2025 value · change against 2024
EBITDA
€365k
2024 · €561k
Cash flow
€159k
2024 · €314k
Solvency
36.7%
2024 · 38.5%
Current ratio
1.54
2024 · 1.61
Quick ratio
0.55
2024 · 0.48
Debt / equity
1.72
2024 · 1.60
ROE
7.8%
2024 · 17.3%
ROA
2.9%
2024 · 6.7%
Interest coverage
3.41
2024 · 5.50
Debt
€3.35M
2024 · €2.86M
Debt ≤ 1 year
€3.34M
2024 · €2.86M
Income taxes
€88k
2024 · €131k
Staff costs
€2.35M
2024 · €1.93M
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€4.65M€5.29M
Fixed assets21/28€55k€128k
Tangible fixed assets22/27€8k€80k
Plant, machinery and equipment23€2k€13k
Furniture and vehicles24€4k€34k
Other tangible fixed assets26€2k€7k
Assets under construction and advance payments27-€26k
Financial fixed assets28€46k€48k
Other financial fixed assets284/8€46k€48k
Amounts receivable and cash guarantees285/8€46k€48k
Current assets29/58€4.60M€5.16M
Stocks and contracts in progress3€3.22M€3.33M
Stocks30/36€3.22M€3.33M
Goods purchased for resale34€3.05M€3.05M=
Advance payments36€164k€279k
Amounts receivable within one year40/41€1.17M€1.44M
Trade receivables40€1.16M€1.38M
Other amounts receivable41€7k€63k
Cash at bank and in hand54/58€114k€271k
Deferred charges and accrued income490/1€101k€116k
Equity and liabilities
Total equity and liabilities10/49€4.65M€5.29M
Equity10/15€1.79M€1.94M
Contributions10/11€1.14M€1.14M=
Capital10€1.14M€1.14M=
Issued capital100€1.14M€1.14M=
Reserves13€651k€803k
Non-distributable reserves130/1€114k€114k=
Legal reserve130€114k€114k=
Distributable reserves133€537k€689k
Amounts payable17/49€2.86M€3.35M
Amounts payable within one year42/48€2.86M€3.34M
Financial debts43€568k€1.11M
Credit institutions430/8€568k€1.11M
Trade debts44€1.56M€1.59M
Suppliers440/4€1.56M€1.59M
Advances received on contracts in progress46-€5k
Taxes, remuneration and social security45€473k€483k
Taxes450/3€181k€74k
Remuneration and social security454/9€292k€409k
Other amounts payable47/48€263k€156k
Accrued charges and deferred income492/3€1k€3k
Income statement Code20242025
Operating income70/76A€12.96M€14.16M
Turnover70€12.23M€13.17M
Other operating income74€730k€993k
Operating charges60/66A€12.40M€13.80M
Goods for resale, raw materials and consumables60€8.05M€8.78M
Purchases600/8€8.25M€8.80M
Change in stocks: decrease (increase)609€-197k€-20k
Services and other goods61€2.40M€2.58M
Remuneration, social security and pensions62€1.93M€2.35M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€7k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-53k€22k
Other operating charges640/8€66k€65k
Operating profit (loss)9901€557k€358k
Financial income75/76B€6k€907
Recurring financial income75€6k€907
Other financial income752/9€6k€907
Financial charges65/66B€121k€119k
Recurring financial charges65€121k€119k
Debt charges650€102k€107k
Other financial charges652/9€19k€12k
Profit (loss) for the period before taxes9903€442k€240k
Income taxes67/77€131k€88k
Taxes670/3€135k€88k
Tax adjustments and reversals of tax provisions77€4k-
Profit (loss) for the period9904€310k€152k
Profit (loss) for the period to be appropriated9905€310k€152k
Appropriation of the result
Profit (loss) to be appropriated9906€310k€152k
Transfer to equity691/2€48k€152k
To other reserves6921€48k€152k
Profit to be distributed694/7€262k-
Return on contributions (dividend)694€235k-
Employees696€27k-
Social balance
Average headcount (FTE)908721.524.4

The notes to these accounts (60 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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
11-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
10-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
13-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Highest result since 2018net €417k ▲106%
Operating result €696k, net result €417k, both a record.
14-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
14-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
15-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Back to profitnet €38k
Net result €38k after one loss-making year.
31-12
Financial Equity above €1MEq €1.01M ▲3.9%
Equity rises from €975k to €1.01M.
05-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 5 days late
2018
20-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
05-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
20 acts for this company are 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, Nivelles · 1 establishment unit since 2004
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.

Avenue Robert Schuman 1811401 Nivelles
Ground area
1.1 ha
Building footprint
2,491 m²
Volume, LiDAR
17,094 m³
Parcel 25004A0023/00X007, Wallonia · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SADINTER-SOGECOMEX
Avenue Robert Schuman 181, 1401 NivellesWholesale trade
since 20042.136.950.283
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25004A0023/00X007 Wallonia 1.1 ha 1 · 2,491 m² 10.8 m · 2 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

Of 1,238 companies in sector 46643 we hold annual accounts for 945. 631 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded30-04-2004
Fiscal year end31-12
Activities, NACEBEL
46643Wholesale of electrical equipment, including installation materials
46649Wholesale of other machinery and equipment
51872
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.