SOBA

Bankruptcy closed

Private limited company (pre-2019)founded 1997KBO/BCE: BE 0459.928.369

Summary

SOBA was declared bankrupt on 05-10-2010 (Tribunal de commerce de Bruxelles); the bankruptcy was closed by liquidation by judgment of 20-01-2026, published in the Belgian Official Gazette on 28-01-2026. The 2009 annual accounts show equity of €172,764 and a net result of €157,829.

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SOBABankruptcy closed

Report

Financials · financial year 2009, full format

Turnover

€420,136▲ 151%

2008 · €167,692

EBIT margin

34.3%▲ 22.4pp

2008 · 11.8%

Net result

€157,829▲ 344%

2008 · €35,556

Working capital

€183,343▼ 5.6%

2008 · €194,216

Trend over the years

Last 5 years All years

2006 to 2009, 4 financial years 2006 to 2009, 4 financial years

The operating result recovers in 2009; 2009 is nearly 7.3 times 2008 and is the highest result in the available series.

Turnover and resultEquity and debtWorking capitalMargins and return

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€420,136 2009 Operating result€144,025 2009 Net result€157,829 2009

Every figure with its change against the financial year before

favourable unfavourable

Line2006200720082009

Turnover€288,033-€184,367▼ 36.0%€167,692▼ 9.0%€420,136▲ 151%

Operating result€92,492-€65,312▼ 29.4%€19,850▼ 69.6%€144,025▲ 626%

Net result€109,323-€79,025▼ 27.7%€35,556▼ 55.0%€157,829▲ 344%

EBIT margin32.1%-35.4%▲ 3.3pp11.8%▼ 23.6pp34.3%▲ 22.4pp

Equity€151,353-€159,378▲ 5.3%€171,934▲ 7.9%€172,764▲ 0.5%

Total assets€370,390-€312,738▼ 15.6%€284,024▼ 9.2%€435,926▲ 53.5%

Debt€219,037-€153,359▼ 30.0%€112,090▼ 26.9%€263,163▲ 135%

Working capital€171,108-€183,929▲ 7.5%€194,216▲ 5.6%€183,343▼ 5.6%

Staff (FTE)1

Balance-sheet composition

2009 in colour, 2008 as the grey bar beneath

Assets €435,926

96.5%

Fixed assets €15,284 ▲ 726%

Current assets €420,642 ▲ 49.1%

Equity and liabilities €435,926

39.6%

60.4%

Equity €172,764 ▲ 0.5%

Debt €263,163 ▲ 135%

Debt's share of the balance-sheet total rises from 39.5% to 60.4%. Equity and debt are higher.

Key figures and ratios

2009 value · change against 2008

EBITDA

€147,283▲

2008 · €20,215

Cash flow

€161,087▲

2008 · €35,921

Current ratio

1.77▼

2008 · 3.21

Debt to equity

0.15▲

2008 · 0.10

ROE

91.4%▲

2008 · 20.7%

ROA

36.2%▲

2008 · 12.5%

Debt ≤ 1 year

€237,299▲

2008 · €87,958

Debt > 1 year

€25,674▲

2008 · €17,267

Income taxes

€2,500▼

2008 · €3,800

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Last 5 years All years

Filed annual accounts As filed with the NBB · 2009 against 2008 · 27 lines

Balance sheet Code20082009

Assets

Total assets20/58€284,024€435,926▲

Fixed assets21/28€1,851€15,284▲

Tangible fixed assets22/27€735€12,316▲

Financial fixed assets28€1,116€2,968▲

Current assets29/58€282,174€420,642▲

Amounts receivable within one year40/41€277,533€414,918▲

Cash at bank and in hand54/58€3,178€2,013▼

Equity and liabilities

Total equity and liabilities10/49€284,024€435,926▲

Equity10/15€171,934€172,764▲

Contributions10/11€18,600€18,600=

Reserves13€143,860€144,660▲

Profit (loss) carried forward14€9,474€9,504▲

Amounts payable17/49€112,090€263,163▲

Amounts payable after more than one year17€17,267€25,674▲

Amounts payable within one year42/48€87,958€237,299▲

Trade debts44€19,855€23,936▲

Income statement Code20082009

Turnover70€167,692€420,136▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€365€3,258▲

Gross operating margin9900€20,532€163,955▲

Operating profit (loss)9901€19,850€144,025▲

Recurring financial income75€28,483€28,665▲

Recurring financial charges65€7,319€6,680▼

Profit (loss) for the period before taxes9903€39,356€160,329▲

Income taxes67/77€3,800€2,500▼

Profit (loss) for the period9904€35,556€157,829▲

Profit (loss) for the period to be appropriated9905€35,556€157,829▲

Appropriation of the result

Return on contributions (dividend)694-€15,000

Line	2006	2007	2008	2009	Change
Turnover70	€288,033	€184,367	€167,692	€420,136	▲ 151%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€12,148	€4,822	€365	€3,258	▲ 794%
Gross operating margin9900	€106,685	€72,582	€20,532	€163,955	▲ 699%
Operating profit (loss)9901	€92,492	€65,312	€19,850	€144,025	▲ 626%
Recurring financial income75	€25,938	€27,201	€28,483	€28,665	▲ 0.6%
Recurring financial charges65	€2,294	€5,590	€7,319	€6,680	▼ 8.7%
Profit (loss) for the period before taxes9903	€115,849	€84,087	€39,356	€160,329	▲ 307%
Income taxes67/77	€6,526	€5,062	€3,800	€2,500	▼ 34.2%
Profit (loss) for the period9904	€109,323	€79,025	€35,556	€157,829	▲ 344%
Profit (loss) for the period to be appropriated9905	€109,323	€79,025	€35,556	€157,829	▲ 344%

Line	2006	2007	2008	2009	Change
Assets
Total assets20/58	€370,390	€312,738	€284,024	€435,926	▲ 53.5%
Fixed assets21/28	€5,589	€2,215	€1,851	€15,284	▲ 726%
Tangible fixed assets22/27	€4,473	€1,100	€735	€12,316	▲ 17×
Financial fixed assets28	€1,116	€1,116	€1,116	€2,968	▲ 166%
Current assets29/58	€364,801	€310,523	€282,174	€420,642	▲ 49.1%
Amounts receivable within one year40/41	€362,904	€308,951	€277,533	€414,918	▲ 49.5%
Cash at bank and in hand54/58	€295	€107	€3,178	€2,013	▼ 36.7%
Equity and liabilities
Total equity and liabilities10/49	€370,390	€312,738	€284,024	€435,926	▲ 53.5%
Equity10/15	€151,353	€159,378	€171,934	€172,764	▲ 0.5%
Contributions10/11	€18,600	€18,600	€18,600	€18,600	=
Reserves13	€123,860	€131,860	€143,860	€144,660	▲ 0.6%
Profit (loss) carried forward14	€8,893	€8,918	€9,474	€9,504	▲ 0.3%
Amounts payable17/49	€219,037	€153,359	€112,090	€263,163	▲ 135%
Amounts payable after more than one year17	€25,344	€24,377	€17,267	€25,674	▲ 48.7%
Amounts payable within one year42/48	€193,693	€126,594	€87,958	€237,299	▲ 170%
Trade debts44	€28,419	€18,394	€19,855	€23,936	▲ 20.6%

Line	2006	2007	2008	2009	Change
Profit (loss) for the period9904	€109,323	€79,025	€35,556	€157,829	▲ 344%
+ Depreciation and write-downs630	€12,148	€4,822	€365	€3,258	▲ 794%
Operating cash flow (approximation)	€121,472	€83,847	€35,921	€161,087	▲ 348%
Investment in fixed assets (approximation)	-	-€1,448	€0	-€16,691	-
Change in cash	-	-€188	€3,071	-€1,165	-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 12 filings with the National Bank

Financial year	Type	Filed	Reference
31-12-2009	full format	23-09-2010	2010-54700545
31-12-2008	full format	25-11-2009	2009-85900143
31-12-2007	full format	28-10-2008	2008-79400016
31-12-2006	full format	20-07-2007	2007-42800249
31-12-2005	full format	18-04-2006	2006-11202583
31-12-2004	full format	03-11-2005	2005-85304624
31-12-2003	full format	15-02-2005	2005-05200597
31-12-2002	full format	15-02-2005	2005-05200589
31-12-2001	full format	18-07-2003	2003-47002138
31-12-2000	full format	31-10-2001	2001-67502786

Show all 12 filings

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