SOBE-LOG
ActiveSummary
The computed 12-month bankruptcy probability of SOBE-LOG is 2.4% (moderate). The 2024 annual accounts show equity of €3.1m and a net result of €890,821. Equity is growing by ~18.2% per year across the filed fiscal years. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability86▲+15
Solvency74▲+13
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €190,000 at 30 days acceptable
Liquidity ample (current ratio 1.84 against 1.47 in 2023; short-term debt: 51% of total assets), but 51% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more 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 2024Solvency, return and age of the figures
Solvency
49%
Return on assets
14%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 19-06-2026, 42 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
42 d early
2024
50 d early
2023
48 d early
2022
67 d early
2021
62 d early
2020
61 d early
2019
39 d early
← 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 53 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% 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 11 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, full schema, 2025 accounts filed, figures not processed yet
In the rankings
#4 company by equity in Waregem, Transport and storage sector#5 company by total assets in Waregem, Transport and storage sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€890,821▲ 784%
2023 · €100,825
Working capital
€2.7m▲ 49.4%
2023 · €1.8m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€212,450€858,365€429,687▼ 49.9%€96,579▼ 77.5%€1.1m▲ 1,089%
Net result-€181,474below the sector's middle half€682,183above the sector's middle half€344,975above the sector's middle half▼ 49.4%€100,825within the sector's middle half▼ 70.8%€890,821above the sector's middle half▲ 784%
Equity€1.1mwithin the sector's middle half▼ 10.5%€1.8mabove the sector's middle half▲ 58.5%€2.1mabove the sector's middle half▲ 18.2%€2.2mabove the sector's middle half▲ 4.2%€3.1mabove the sector's middle half▲ 40.2%
Total assets€4.9mabove the sector's middle half▲ 65.6%€4.7mabove the sector's middle half▼ 4.4%€5.6mabove the sector's middle half▲ 19.4%€6.1mabove the sector's middle half▲ 9.4%€6.3mwithin the sector's middle half▲ 3.5%
Debt€3.8m▲ 122%€2.9m▼ 23.3%€3.5m▲ 20.2%€3.9m▲ 12.6%€3.2m▼ 17.3%
Working capital€295,064within the sector's middle half▲ 6.3%€1.2mabove the sector's middle half▲ 306%€1.7mabove the sector's middle half▲ 37.7%€1.8mabove the sector's middle half▲ 10.3%€2.7mabove the sector's middle half▲ 49.4%
Solvency23.1%within the sector's middle half▼ 19.7pp38.3%within the sector's middle half▲ 15.2pp37.9%within the sector's middle half▼ 0.4pp36.1%within the sector's middle half▼ 1.8pp49.0%within the sector's middle half▲ 12.8pp
Current ratio1.08within the sector's middle half▼ 0.091.42within the sector's middle half▲ 0.341.48within the sector's middle half▲ 0.061.47within the sector's middle half▼ 0.011.84within the sector's middle half▲ 0.38
Return on assets (ROA)-3.7%below the sector's middle half▼ 4.6pp14.5%above the sector's middle half▲ 18.2pp6.2%within the sector's middle half▼ 8.4pp1.6%within the sector's middle half▼ 4.5pp14.0%above the sector's middle half▲ 12.4pp
Staff (FTE)38.5within the sector's middle half▲ 39.0%56.6above the sector's middle half▲ 47.0%64.3above the sector's middle half▲ 13.6%64.1above the sector's middle half▼ 0.3%68.1above the sector's middle half▲ 6.2%
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 1,089% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.3m
Fixed assets
€383,383 ▼ 2.4%
Current assets
€6.0m ▲ 3.9%
Equity and liabilities €6.3m
Equity
€3.1m ▲ 40.2%
Debt
€3.2m ▼ 17.3%
Debt's share of the balance-sheet total falls from 63.9% to 51.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.3m▲
2023 · €269,673
Cash flow
€1.0m▲
2023 · €273,919
Debt to equity
1.04▼
2023 · 1.77
ROE
28.7%▲
2023 · 4.6%
Interest coverage
87.30▲
2023 · 21.14
Debt ≤ 1 year
€3.2m▼
2023 · €3.9m
Income taxes
€314,053▲
2023 · €37,200
Staff costs
€3.8m▲
2023 · €3.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 153 companies that looked in July 2024 the way this one looks now, 0% went bankrupt within 24 months and 96% are still going.
- Medium-sized
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0%
went bankrupt
3.9%
stopped otherwise
96%
still going
For this company itself Checked computes a higher bankruptcy probability: 2.4% 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 497,341 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% 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 153 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €18.5m | €20.0m | €22.7m | €23.2m | ▲ 2.0% |
| Other operating income74 | - | €18.5m | €20.0m | €22.7m | €23.2m | ▲ 2.0% |
| Non-recurring operating income76A | - | €4,583 | €1,157 | €7,827 | €11,057 | ▲ 41.3% |
| Operating charges60/66A | - | €17.7m | €19.6m | €22.6m | €22.0m | ▼ 2.6% |
| Services and other goods61 | - | €14.7m | €15.8m | €18.8m | €18.0m | ▼ 4.0% |
| Remuneration, social security and pensions62 | - | €2.7m | €3.4m | €3.6m | €3.8m | ▲ 5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €317,166 | €296,597 | €268,035 | €173,094 | €120,734 | ▼ 30.2% |
| Other operating charges640/8 | - | €34,976 | €40,007 | €59,536 | €54,212 | ▼ 8.9% |
| Non-recurring operating charges66A | - | €2,236 | €23,322 | €53 | - | - |
| Operating profit (loss)9901 | -€212,450 | €858,365 | €429,687 | €96,579 | €1.1m | ▲ 1,089% |
| Financial income75/76B | - | €20,620 | €28,263 | €63,088 | €79,696 | ▲ 26.3% |
| Recurring financial income75 | €52,089 | €20,620 | €28,263 | €63,088 | €79,696 | ▲ 26.3% |
| Income from financial fixed assets750 | - | €206 | €206 | - | €206 | - |
| Income from current assets751 | - | - | €7,585 | €51,795 | €79,490 | ▲ 53.5% |
| Other financial income752/9 | - | €20,415 | €20,472 | €11,293 | - | - |
| Financial charges65/66B | - | €20,585 | €21,452 | €21,643 | €23,321 | ▲ 7.7% |
| Recurring financial charges65 | €24,608 | €20,585 | €21,452 | €21,643 | €23,321 | ▲ 7.7% |
| Debt charges650 | €16,223 | €13,028 | €12,577 | €12,756 | €14,538 | ▲ 14.0% |
| Other financial charges652/9 | - | €7,557 | €8,876 | €8,888 | €8,783 | ▼ 1.2% |
| Profit (loss) for the period before taxes9903 | -€184,968 | €858,400 | €436,497 | €138,025 | €1.2m | ▲ 773% |
| Income taxes67/77 | -€3,494 | €176,217 | €91,521 | €37,200 | €314,053 | ▲ 744% |
| Taxes670/3 | - | €176,217 | €108,000 | €37,200 | €318,000 | ▲ 755% |
| Tax adjustments and reversals of tax provisions77 | - | - | €16,479 | - | €3,947 | - |
| Profit (loss) for the period9904 | -€181,474 | €682,183 | €344,975 | €100,825 | €890,821 | ▲ 784% |
| Profit (loss) for the period to be appropriated9905 | -€181,474 | €682,183 | €344,975 | €100,825 | €890,821 | ▲ 784% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.9m | €4.7m | €5.6m | €6.1m | €6.3m | ▲ 3.5% |
| Fixed assets21/28 | €841,873 | €602,521 | €476,485 | €392,724 | €383,383 | ▼ 2.4% |
| Intangible fixed assets21 | €175,576 | €101,074 | €46,087 | €27,009 | €5,385 | ▼ 80.1% |
| Tangible fixed assets22/27 | €657,005 | €492,694 | €418,375 | €355,597 | €367,880 | ▲ 3.5% |
| Plant, machinery and equipment23 | - | €114,191 | €106,158 | €79,556 | €70,444 | ▼ 11.5% |
| Furniture and vehicles24 | - | €151,359 | €74,275 | €42,542 | €74,532 | ▲ 75.2% |
| Other tangible fixed assets26 | - | €227,144 | €237,942 | €233,500 | €222,903 | ▼ 4.5% |
| Financial fixed assets28 | €9,293 | €8,753 | €12,023 | €10,118 | €10,118 | = |
| Affiliated companies280/1 | - | €4,638 | €4,638 | €4,638 | €4,638 | = |
| Participating interests280 | - | €4,638 | €4,638 | €4,638 | €4,638 | = |
| Other financial fixed assets284/8 | - | €4,115 | €7,385 | €5,480 | €5,480 | = |
| Amounts receivable and cash guarantees285/8 | - | €4,115 | €7,385 | €5,480 | €5,480 | = |
| Current assets29/58 | €4.1m | €4.1m | €5.1m | €5.7m | €6.0m | ▲ 3.9% |
| Amounts receivable within one year40/41 | €4.0m | €4.1m | €5.1m | €5.7m | €5.9m | ▲ 3.7% |
| Trade receivables40 | - | €3.6m | €4.4m | €4.8m | €4.3m | ▼ 10.8% |
| Other amounts receivable41 | - | €498,705 | €639,891 | €935,510 | €1.7m | ▲ 77.8% |
| Cash at bank and in hand54/58 | €584 | €242 | - | - | - | - |
| Deferred charges and accrued income490/1 | - | €28,224 | €40,494 | €31,297 | €44,928 | ▲ 43.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.9m | €4.7m | €5.6m | €6.1m | €6.3m | ▲ 3.5% |
| Equity10/15 | €1.1m | €1.8m | €2.1m | €2.2m | €3.1m | ▲ 40.2% |
| Contributions10/11 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Capital10 | - | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Issued capital100 | - | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Reserves13 | €13,370 | €47,479 | €64,728 | €69,769 | €100,000 | ▲ 43.3% |
| Non-distributable reserves130/1 | - | €47,479 | €64,728 | €69,769 | €100,000 | ▲ 43.3% |
| Legal reserve130 | - | €47,479 | €64,728 | €69,769 | €100,000 | ▲ 43.3% |
| Profit (loss) carried forward14 | €72,561 | €720,635 | €1.0m | €1.1m | €2.0m | ▲ 75.2% |
| Investment grants15 | - | €29,437 | €11,293 | - | - | - |
| Amounts payable17/49 | €3.8m | €2.9m | €3.5m | €3.9m | €3.2m | ▼ 17.3% |
| Amounts payable within one year42/48 | €3.8m | €2.9m | €3.5m | €3.9m | €3.2m | ▼ 17.3% |
| Trade debts44 | €2.8m | €2.4m | €2.9m | €3.3m | €2.6m | ▼ 21.2% |
| Suppliers440/4 | - | €2.4m | €2.9m | €3.3m | €2.6m | ▼ 21.2% |
| Taxes, remuneration and social security45 | - | €467,178 | €551,689 | €609,020 | €632,415 | ▲ 3.8% |
| Taxes450/3 | - | €112,646 | €111,374 | €47,291 | €150,057 | ▲ 217% |
| Remuneration and social security454/9 | - | €354,532 | €440,314 | €561,729 | €482,358 | ▼ 14.1% |
| Accrued charges and deferred income492/3 | - | €4,148 | €3,320 | €0 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€181,474 | €682,183 | €344,975 | €100,825 | €890,821 | ▲ 784% |
| + Depreciation and write-downs630 | €317,166 | €296,597 | €268,035 | €173,094 | €120,734 | ▼ 30.2% |
| Operating cash flow (approximation) | €135,693 | €978,780 | €613,010 | €273,919 | €1.0m | ▲ 269% |
| Investment in fixed assets (approximation) | - | -€57,244 | -€141,999 | -€89,332 | -€111,393 | ▼ 24.7% |
| Change in cash | - | -€342 | - | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
04-05
State Gazette act
Reappointment: Ingeborg Dierens (director)2 facts ▸
State Gazette act
Reappointment: Ingeborg Dierens (director)
2 facts ▸
- General meeting, 27-05-2025
- Director reappointment, Ingeborg Dierens (director)
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €890,821 ▲784%
Operating result €1.1m, net result €890,821, both a record.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
25-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €2mEq €2.1m ▲18.2%
2 profitable years in a row build equity to €2.1m.
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €682,183
Net result €682,183 after one loss-making year.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet -€181,474
Net result drops to -€181,474, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 13 acts read
About the unread acts
Of the 13 Belgian State Gazette acts we know for this company, 1 has been read. The other 12 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2025
Ingeborg Dierens
CurrentDirector · since 27-05-2025
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
12 of this company's 13 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Waregem · 5 establishment units since 2018
Ground area
2.8 ha
Building footprint
5,685 m²
Volume, LiDAR
46,051 m³
3 parcels, Flanders · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
5 establishment units
SOBE-LOG
since 20182.272.379.507
SOBE-LOG
since 20182.273.784.324
SOBE-LOG
since 20182.275.425.604
SOBE-LOG
since 20182.277.549.211
SOBE-LOG
since 20192.292.978.050
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34452B0893/02G000 | Flanders | 1.6 ha | 1 · 1,643 m² | 12.8 m · 4 fl. |
| 71033B1209/00C000 | Flanders | 1.1 ha | 1 · 4,043 m² | 14.3 m · 2 fl. |
| 12040A0176/00A000 | Flanders | 1,835 m² | - | - |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2025, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Ingeborg Dierens |
|
Structure & network
Owners and holdings
2 ownersChain of control
- SONEPAR BELGIUM
- SOBE-LOG
Highest known parent: SONEPAR BELGIUM. The sources do not say who stands above it.
Owners 2
- SONEPAR BELGIUMparent99.9%
- Sourceaccounts CEBEO 20240.01%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. 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 fill in these statements, or need not, is missing.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
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Shareholding
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Subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 37,010 EUR awarded · 37,010 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,458 EUR | 1,458 EUR |
| 2024 | 1 | 6,899 EUR | 6,899 EUR |
| 2023 | 1 | 12,834 EUR | 12,834 EUR |
| 2022 | 1 | 15,819 EUR | 15,819 EUR |
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Company details
Identification
Legal formPublic limited company
Founded19-01-2018
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID
0208:0688666643
Also
9925:BE0688666643
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.