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SOBAST

Active
Private limited companyfounded 201412 yrs activeIndustriepark 10, 8730 Beernem, BelgiumKBO/BCE: BE 0544.699.441
Summary

SOBAST has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €197,231 and a net result of €32,165. Equity is growing by ~21.5% per year across the filed fiscal years. Its solvency ranks better than 46% of 2033 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability77=
Solvency68▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity short (current ratio 0.24 against 0.15 in 2024; short-term debt: 53.1% and cash: 8.7% of total assets), and 57.4% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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
42.6%
Return on assets
7%
Age of the figures
9 mo
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
highest failure risk from 2 to 8 years 12 years 0 20 y
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 d early
2024
29 d early
2023
29 d late
2022
31 d late
2021
31 d late
2020
27 d late
2019
35 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 15 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 30 August (4 of the last 5 filed years within 46 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 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

History

On 10 January 2014, SOBAST was incorporated.1 Total assets went from EUR 597,133 in 2018 to EUR 462,590 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€197,231▲ 19.5%
2024 · €165,066
Total assets
€462,590▼ 0.6%
2024 · €465,356
Net result
€32,165▲ 2.8%
2024 · €31,300
Working capital
-€187,177▲ 22.0%
2024 · -€239,842
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€27,084▼ 20.2%€37,136▲ 37.1%€35,309▼ 4.9%€43,661▲ 23.7%€44,226▲ 1.3%
Net result€11,169within the sector's middle half▼ 18.3%€23,130within the sector's middle half▲ 107%€23,649within the sector's middle half▲ 2.2%€31,300within the sector's middle half▲ 32.4%€32,165within the sector's middle half▲ 2.8%
Equity€86,987within the sector's middle half▲ 14.7%€110,117within the sector's middle half▲ 26.6%€133,766within the sector's middle half▲ 21.5%€165,066above the sector's middle half▲ 23.4%€197,231within the sector's middle half▲ 19.5%
Total assets€553,426above the sector's middle half▼ 0.2%€510,698above the sector's middle half▼ 7.7%€475,040above the sector's middle half▼ 7.0%€465,356above the sector's middle half▼ 2.0%€462,590within the sector's middle half▼ 0.6%
Debt€463,439▼ 2.5%€397,581▼ 14.2%€338,274▼ 14.9%€297,290▼ 12.1%€262,358▼ 11.8%
Working capital-€305,399below the sector's middle half▼ 4.9%-€311,957below the sector's middle half▼ 2.1%-€291,642below the sector's middle half▲ 6.5%-€239,842below the sector's middle half▲ 17.8%-€187,177below the sector's middle half▲ 22.0%
Solvency15.7%below the sector's middle half▲ 2.0pp21.6%below the sector's middle half▲ 5.8pp28.2%within the sector's middle half▲ 6.6pp35.5%within the sector's middle half▲ 7.3pp42.6%within the sector's middle half▲ 7.2pp
Current ratio0.15below the sector's middle half▲ 0.060.11below the sector's middle half▼ 0.040.09below the sector's middle half▼ 0.020.15below the sector's middle half▲ 0.050.24below the sector's middle half▲ 0.09
Return on assets (ROA)2.0%within the sector's middle half▼ 0.4pp4.5%within the sector's middle half▲ 2.5pp5.0%within the sector's middle half▲ 0.4pp6.7%within the sector's middle half▲ 1.7pp7.0%within the sector's middle half▲ 0.2pp
above within below the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000Operating result 2021: €27,084€27,084Net result 2021: €11,169€11,169Operating result 2022: €37,136€37,136Net result 2022: €23,130€23,130Operating result 2023: €35,309€35,309Net result 2023: €23,649€23,649Operating result 2024: €43,661€43,661Net result 2024: €31,300€31,300Operating result 2025: €44,226€44,226Net result 2025: €32,165€32,16520212022202320242025€0€20,000€40,000Operating result 2023: €35,309€35,300Net result 2023: €23,649€23,600Operating result 2024: €43,661€43,700Net result 2024: €31,300€31,300Operating result 2025: €44,226€44,200Net result 2025: €32,165€32,200202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €462,590
Fixed assets €404,000 ▼ 4.8%
Current assets €58,590 ▲ 43.4%
Equity and liabilities €462,590
Equity €197,231 ▲ 19.5%
Provisions €3,000 =
Debt €262,358 ▼ 11.8%
Debt's share of the balance-sheet total falls from 63.9% to 56.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€64,726▲
2024 · €64,161
Cash flow
€52,665▲
2024 · €51,800
Debt to equity
1.33▼
2024 · 1.80
ROE
16.3%▼
2024 · 19.0%
Interest coverage
3236305.00▲
2024 · 198.41
Debt ≤ 1 year
€245,766▼
2024 · €280,698
Income taxes
€12,062▲
2024 · €12,038
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,810 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
3.1% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 17,810 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet Code20242025
Assets
Total assets20/58€465,356€462,590▼
Fixed assets21/28€424,500€404,000▼
Tangible fixed assets22/27€424,500€404,000▼
Land and buildings22€424,500€404,000▼
Current assets29/58€40,856€58,590▲
Amounts receivable within one year40/41€19,389€18,105▼
Trade receivables40€18,590€17,116▼
Other amounts receivable41€799€989▲
Cash at bank and in hand54/58€21,128€40,136▲
Deferred charges and accrued income490/1€339€348▲
Equity and liabilities
Total equity and liabilities10/49€465,356€462,590▼
Equity10/15€165,066€197,231▲
Contributions10/11€18,600€18,600=
Capital10€18,600-
Issued capital100€18,600-
Outside capital11-€18,600
Other1109/19-€18,600
Reserves13€56,809€88,974▲
Non-distributable reserves130/1€1,860-
Legal reserve130€1,860-
Distributable reserves133€54,949€88,974▲
Profit (loss) carried forward14€89,657€89,657=
Provisions and deferred taxes16€3,000€3,000=
Provisions for liabilities and charges160/5€3,000€3,000=
Major repairs and maintenance162€3,000€3,000=
Amounts payable17/49€297,290€262,358▼
Amounts payable within one year42/48€280,698€245,766▼
Trade debts44€42,558€24,771▼
Suppliers440/4€42,558€1,155▼
Bills of exchange payable441-€23,616
Taxes, remuneration and social security45€28,528€11,383▼
Taxes450/3€15,464€8,100▼
Remuneration and social security454/9€13,064€3,284▼
Other amounts payable47/48€209,612€209,612=
Accrued charges and deferred income492/3€16,592€16,592=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,500€20,500=
Other operating charges640/8€3,281€3,150▼
Gross operating margin9900€67,442€67,876▲
Operating profit (loss)9901€43,661€44,226▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€323€0▼
Recurring financial charges65€323€0▼
Profit (loss) for the period before taxes9903€43,338€44,227▲
Income taxes67/77€12,038€12,062▲
Profit (loss) for the period9904€31,300€32,165▲
Profit (loss) for the period to be appropriated9905€31,300€32,165▲
Appropriation of the result
Profit (loss) to be appropriated9906€120,958€121,822▲
Profit (loss) brought forward from the previous period14P€89,657€89,657=
Transfer to equity691/2€31,300€32,165▲
To other reserves6921€31,300€32,165▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27,000€27,000€27,000€20,500€20,500=
Other operating charges640/8€2,635€2,689€2,943€3,281€3,150▼ 4.0%
Gross operating margin9900€56,720€66,825€65,252€67,442€67,876▲ 0.6%
Operating profit (loss)9901€27,084€37,136€35,309€43,661€44,226▲ 1.3%
Financial income75/76B€39---€1-
Recurring financial income75€39---€1-
Financial charges65/66B€12,922€7,726€2,234€323€0▼ 100.0%
Recurring financial charges65€12,922€7,726€2,234€323€0▼ 100.0%
Profit (loss) for the period before taxes9903€14,201€29,409€33,075€43,338€44,227▲ 2.1%
Income taxes67/77€3,032€6,279€9,426€12,038€12,062▲ 0.2%
Profit (loss) for the period9904€11,169€23,130€23,649€31,300€32,165▲ 2.8%
Profit (loss) for the period to be appropriated9905€11,169€23,130€23,649€31,300€32,165▲ 2.8%
Line20212022202320242025Change
Assets
Total assets20/58€553,426€510,698€475,040€465,356€462,590▼ 0.6%
Fixed assets21/28€499,000€472,000€445,000€424,500€404,000▼ 4.8%
Tangible fixed assets22/27€499,000€472,000€445,000€424,500€404,000▼ 4.8%
Land and buildings22€499,000€472,000€445,000€424,500€404,000▼ 4.8%
Current assets29/58€54,426€38,698€30,040€40,856€58,590▲ 43.4%
Amounts receivable within one year40/41€29,478€29,613€18,624€19,389€18,105▼ 6.6%
Trade receivables40€29,478€29,513€18,524€18,590€17,116▼ 7.9%
Other amounts receivable41-€100€100€799€989▲ 23.8%
Cash at bank and in hand54/58€24,948€9,085€11,416€21,128€40,136▲ 90.0%
Deferred charges and accrued income490/1---€339€348▲ 2.7%
Equity and liabilities
Total equity and liabilities10/49€553,426€510,698€475,040€465,356€462,590▼ 0.6%
Equity10/15€86,987€110,117€133,766€165,066€197,231▲ 19.5%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Capital10€18,600€18,600€18,600€18,600--
Issued capital100€18,600€18,600€18,600€18,600--
Outside capital11----€18,600-
Other1109/19----€18,600-
Reserves13€1,860€1,860€25,509€56,809€88,974▲ 56.6%
Non-distributable reserves130/1€1,860€1,860€1,860€1,860--
Legal reserve130€1,860€1,860€1,860€1,860--
Distributable reserves133--€23,649€54,949€88,974▲ 61.9%
Profit (loss) carried forward14€66,527€89,657€89,657€89,657€89,657=
Provisions and deferred taxes16€3,000€3,000€3,000€3,000€3,000=
Provisions for liabilities and charges160/5€3,000€3,000€3,000€3,000€3,000=
Major repairs and maintenance162€3,000€3,000€3,000€3,000€3,000=
Amounts payable17/49€463,439€397,581€338,274€297,290€262,358▼ 11.8%
Amounts payable after more than one year17€89,501€30,334----
Financial debts170/4€89,501€30,334----
Amounts payable within one year42/48€359,824€350,655€321,682€280,698€245,766▼ 12.4%
Current portion of amounts payable after more than one year42€57,222€59,167€30,334---
Trade debts44€41,275€41,968€41,619€42,558€24,771▼ 41.8%
Suppliers440/4€41,275€41,968€41,619€42,558€1,155▼ 97.3%
Bills of exchange payable441----€23,616-
Advances received on contracts in progress46-€5,500----
Taxes, remuneration and social security45€51,716€34,408€40,117€28,528€11,383▼ 60.1%
Taxes450/3€23,265€12,113€17,490€15,464€8,100▼ 47.6%
Remuneration and social security454/9€28,451€22,295€22,627€13,064€3,284▼ 74.9%
Other amounts payable47/48€209,612€209,612€209,612€209,612€209,612=
Accrued charges and deferred income492/3€14,114€16,592€16,592€16,592€16,592=
Line20212022202320242025Change
Profit (loss) for the period9904€11,169€23,130€23,649€31,300€32,165▲ 2.8%
+ Depreciation and write-downs630€27,000€27,000€27,000€20,500€20,500=
Operating cash flow (approximation)€38,169€50,130€50,649€51,800€52,665▲ 1.7%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€15,863€2,331€9,712€19,008▲ 95.7%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
15-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Highest result since 2018net €32,165 ▲2.8%
Operating result €44,226, net result €32,165, both a record.
02-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Equity above €150,000Eq €165,066 ▲23.4%
7 profitable years in a row build equity to €165,066.
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial Equity above €100,000Eq €110,117 ▲26.6%
5 profitable years in a row build equity to €110,117.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
27-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
04-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 35 days late
2019
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
30-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 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, Beernem
exact location from the address register On OpenStreetMap
Ground area
2,347 m²
Building footprint
387 m²
Volume, LiDAR
1,471 m³
Parcel 31003D0088/00N000, Flanders · tallest building 5.5 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31003D0088/00N000 Flanders 2,347 m² 1 · 386 m² 5.5 m · 1 fl.
Linked by address, not proof of ownership
Good to know
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 18,250 companies in sector 71111 we hold annual accounts for 6,321. 5,152 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded10-01-2014
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
49410Freight transport by road
66199Other activities auxiliary to financial services, excluding insurance and pension funding
69109Other legal services
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0544699441
Also 9925:BE0544699441
Registered 20-11-2020

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.