SOBELMA
ActiveSummary
SOBELMA has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €39,306 and a net result of -€11,935. Equity is shrinking by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 44% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability7▼-12
Solvency57▼-3
Growth58=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.47 against 1.48 in 2023; short-term debt: 68.1% and cash: 69.9% of total assets), and 68.1% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
31.9%
Return on assets
-9.7%
Age of the figures
21 mo
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
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€11,935
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
31 d late
2022
30 d late
2021
31 d late
2020
38 d early
2019
4 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 15 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€39,306▼ 23.3%
2023 · €51,241
Total assets
€123,122▼ 16.3%
2023 · €147,061
Net result
-€11,935▼ 98.8%
2023 · -€6,003
Working capital
€39,306▼ 15.0%
2023 · €46,219
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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 46, Wholesale trade, 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).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€15,928▼ 307%-€8,378▲ 47.4%-€5,189▲ 38.1%-€5,640▼ 8.7%-€12,420▼ 120%
Net result-€16,104below the sector's middle half▼ 291%-€9,018below the sector's middle half▲ 44.0%-€5,096below the sector's middle half▲ 43.5%-€6,003below the sector's middle half▼ 17.8%-€11,935below the sector's middle half▼ 98.8%
Equity€71,359within the sector's middle half▼ 18.4%€62,341within the sector's middle half▼ 12.6%€57,244within the sector's middle half▼ 8.2%€51,241within the sector's middle half▼ 10.5%€39,306within the sector's middle half▼ 23.3%
Total assets€164,502within the sector's middle half▼ 17.6%€169,247within the sector's middle half▲ 2.9%€162,793within the sector's middle half▼ 3.8%€147,061within the sector's middle half▼ 9.7%€123,122within the sector's middle half▼ 16.3%
Debt€93,144▼ 16.9%€106,906▲ 14.8%€105,549▼ 1.3%€95,820▼ 9.2%€83,816▼ 12.5%
Working capital€48,254within the sector's middle half▼ 20.1%€45,263within the sector's middle half▼ 6.2%€46,194within the sector's middle half▲ 2.1%€46,219within the sector's middle half▲ 0.1%€39,306within the sector's middle half▼ 15.0%
Solvency43.4%within the sector's middle half▼ 0.5pp36.8%within the sector's middle half▼ 6.5pp35.2%within the sector's middle half▼ 1.7pp34.8%within the sector's middle half▼ 0.3pp31.9%within the sector's middle half▼ 2.9pp
Current ratio1.52within the sector's middle half▼ 0.031.42within the sector's middle half▼ 0.091.44within the sector's middle half▲ 0.011.48within the sector's middle half▲ 0.041.47within the sector's middle half▼ 0.01
Return on assets (ROA)-9.8%below the sector's middle half▼ 7.7pp-5.3%below the sector's middle half▲ 4.5pp-3.1%below the sector's middle half▲ 2.2pp-4.1%below the sector's middle half▼ 1.0pp-9.7%below the sector's middle half▼ 5.6pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12,420 in 2024 against €5,640 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €123,122
Equity
€39,306 ▼ 23.3%
Debt
€83,816 ▼ 12.5%
Debt's share of the balance-sheet total rises from 65.2% to 68.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€7,397▼
2023 · €388
Cash flow
-€6,913▼
2023 · €24
Debt to equity
2.13▲
2023 · 1.87
ROE
-30.4%▼
2023 · -11.7%
Interest coverage
-38.84▼
2023 · 0.63
Debt ≤ 1 year
€83,816▼
2023 · €95,820
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.3% 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 12,321 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,027 | €6,027 | €6,027 | €6,027 | €5,023 | ▼ 16.7% |
| Other operating charges640/8 | - | €504 | €532 | €797 | €790 | ▼ 0.9% |
| Non-recurring operating charges66A | - | €1,581 | - | - | - | - |
| Gross operating margin9900 | -€8,903 | -€266 | €1,370 | €1,185 | -€6,607 | ▼ 658% |
| Operating profit (loss)9901 | -€15,928 | -€8,378 | -€5,189 | -€5,640 | -€12,420 | ▼ 120% |
| Financial income75/76B | - | €177 | €828 | €254 | €675 | ▲ 166% |
| Recurring financial income75 | €261 | €177 | €828 | €254 | €675 | ▲ 166% |
| Financial charges65/66B | - | €461 | €554 | €612 | €190 | ▼ 68.9% |
| Recurring financial charges65 | €420 | €461 | €554 | €612 | €190 | ▼ 68.9% |
| Profit (loss) for the period before taxes9903 | -€16,086 | -€8,661 | -€4,915 | -€5,998 | -€11,935 | ▼ 99.0% |
| Income taxes67/77 | €18 | €357 | €181 | €5 | - | - |
| Profit (loss) for the period9904 | -€16,104 | -€9,018 | -€5,096 | -€6,003 | -€11,935 | ▼ 98.8% |
| Profit (loss) for the period to be appropriated9905 | -€16,104 | -€9,018 | -€5,096 | -€6,003 | -€11,935 | ▼ 98.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €164,502 | €169,247 | €162,793 | €147,061 | €123,122 | ▼ 16.3% |
| Fixed assets21/28 | €23,105 | €17,077 | €11,050 | €5,023 | - | - |
| Tangible fixed assets22/27 | €23,105 | €17,077 | €11,050 | €5,023 | - | - |
| Furniture and vehicles24 | - | €17,077 | €11,050 | €5,023 | - | - |
| Current assets29/58 | €141,398 | €152,170 | €151,743 | €142,039 | €123,122 | ▼ 13.3% |
| Amounts receivable within one year40/41 | €17,738 | €41,889 | €49,383 | €10,923 | €16,096 | ▲ 47.4% |
| Trade receivables40 | - | €41,889 | €49,383 | €10,923 | €16,096 | ▲ 47.4% |
| Current investments50/53 | €19,314 | €19,314 | €19,314 | €19,314 | €19,314 | = |
| Cash at bank and in hand54/58 | €104,346 | €89,349 | €81,332 | €109,851 | €86,036 | ▼ 21.7% |
| Deferred charges and accrued income490/1 | - | €1,618 | €1,714 | €1,951 | €1,677 | ▼ 14.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €164,502 | €169,247 | €162,793 | €147,061 | €123,122 | ▼ 16.3% |
| Equity10/15 | €71,359 | €62,341 | €57,244 | €51,241 | €39,306 | ▼ 23.3% |
| Contributions10/11 | - | €18,600 | €18,600 | €20,460 | €20,460 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | - | - | - |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Profit (loss) carried forward14 | €50,899 | €41,881 | €36,784 | €30,781 | €18,846 | ▼ 38.8% |
| Amounts payable17/49 | €93,144 | €106,906 | €105,549 | €95,820 | €83,816 | ▼ 12.5% |
| Amounts payable within one year42/48 | €93,144 | €106,906 | €105,549 | €95,820 | €83,816 | ▼ 12.5% |
| Trade debts44 | €7,270 | €15,969 | €15,751 | €11,340 | €3,485 | ▼ 69.3% |
| Suppliers440/4 | - | €15,969 | €15,751 | €11,340 | €3,485 | ▼ 69.3% |
| Taxes, remuneration and social security45 | - | €10,140 | €8,985 | €7,329 | €5,518 | ▼ 24.7% |
| Taxes450/3 | - | €10,140 | €8,985 | €7,329 | €5,518 | ▼ 24.7% |
| Other amounts payable47/48 | - | €80,797 | €80,812 | €77,150 | €74,813 | ▼ 3.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€16,104 | -€9,018 | -€5,096 | -€6,003 | -€11,935 | ▼ 98.8% |
| + Depreciation and write-downs630 | €6,027 | €6,027 | €6,027 | €6,027 | €5,023 | ▼ 16.7% |
| Operating cash flow (approximation) | -€10,077 | -€2,991 | €931 | €24 | -€6,913 | ▼ 28,396% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - | - |
| Change in cash | - | -€14,997 | -€8,017 | €28,519 | -€23,815 | ▼ 184% |
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
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€16,104
Net result drops to -€16,104, the lowest in the series; recovery starts the following year.
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
16-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 2001
Ground area
81 m²
Parcel 21305C0255/00X002, Brussels. Linked by address, not a title deed.
1 establishment unit
SOBELMA
since 20012.097.898.974
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21305C0255/00X002 | Brussels | 81 m² | - | - |
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.
Recognitions · licences · registrations
Legal Entity Identifier
967600UH9YCTPFA05136
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Company details
Identification
Legal formPrivate limited company
Founded05-02-2001
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
46900Non-specialised wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0474001287
Also
9925:BE0474001287
Registered
16-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.