SOBELVIN DIFFUSION
ActiveSOBELVIN DIFFUSION has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €445k and a net result of €85k. Equity is growing by ~21.6% per year across the filed fiscal years. Its solvency ranks better than 22% of 4852 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-13
Solvency46▼-24
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.56 against 6.67 in 2024; short-term debt: 36.9% of total assets), but 79.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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 · 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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.6%
Return on assets
3.9%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 4852 sector peers (2025).
NBB · sector comparisonPosition among 4852 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-10-2025, 101 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
101 d early
2024
93 d early
2023
98 d early
2022
97 d early
2021
67 d early
2020
88 d early
2019
98 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€85k▼ 75.3%
2024 · €343k
2019: €27k
2020: €63k
2021: €195k
2022: €110k
2023: €111k
2024: €343k
2019 → 2025
Working capital
€448k▼ 60.1%
2024 · €1.12M
2019: €40k
2020: €88k
2021: €21k
2022: €71k
2023: €515k
2024: €1.12M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€581k-€649k▲ 11.7%€761k▲ 17.3%€1.04M▲ 37.1%€445k▼ 57.4%
Operating result€241k-€152k▼ 36.7%€150k▼ 1.5%€153k▲ 2.0%€103k▼ 32.4%
Net result€195k-€110k▼ 43.4%€111k▲ 0.4%€343k▲ 210%€85k▼ 75.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 32% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.16M
Fixed assets
€915k▼ 6.8%
Current assets
€1.24M▼ 5.8%
Equity and liabilities €2.16M
Equity
€445k▼ 57.4%
Provisions
€895▼ 41.6%
Debt
€1.71M▲ 36.2%
The debt ratio rises from 54.6% to 79.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€170k▼
2024 · €220k
Cash flow
€151k▼
2024 · €410k
Solvency
20.6%▼
2024 · 45.3%
Current ratio
1.56▼
2024 · 6.67
Quick ratio
1.53▼
2024 · 6.54
Debt / equity
3.85▲
2024 · 1.20
ROE
19.0%▼
2024 · 32.8%
ROA
3.9%▼
2024 · 14.9%
Interest coverage
7.48▼
2024 · 8.67
Debt
€1.71M▲
2024 · €1.26M
Debt ≤ 1 year
€796k▲
2024 · €198k
Debt > 1 year
€917k▼
2024 · €1.06M
Income taxes
€228▼
2024 · €33k
Staff costs
€59k▼
2024 · €85k
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€2.30M€2.16M▼
Fixed assets21/28€982k€915k▼
Tangible fixed assets22/27€981k€914k▼
Land and buildings22€979k€914k▼
Plant, machinery and equipment23€2k€471▼
Financial fixed assets28€1k€1k=
Current assets29/58€1.32M€1.24M▼
Stocks and contracts in progress3€25k€25k▲
Stocks30/36€25k€25k▲
Amounts receivable within one year40/41€1.29M€1.21M▼
Trade receivables40€693k€612k▼
Other amounts receivable41€598k€596k▼
Current investments50/53€5k€11k▲
Deferred charges and accrued income490/1-€346
Equity and liabilities
Total equity and liabilities10/49€2.30M€2.16M▼
Equity10/15€1.04M€445k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€594k€342k▼
Non-distributable reserves130/1€11k€11k=
Legal reserve130€11k€11k=
Distributable reserves133€583k€331k▼
Profit (loss) carried forward14€343k-
Investment grants15€45k€41k▼
Provisions and deferred taxes16€2k€895▼
Deferred taxes168€2k€895▼
Amounts payable17/49€1.26M€1.71M▲
Amounts payable after more than one year17€1.06M€917k▼
Financial debts170/4€814k€743k▼
Other amounts payable178/9€245k€174k▼
Amounts payable within one year42/48€198k€796k▲
Current portion of amounts payable after more than one year42€103k€71k▼
Trade debts44€39k€28k▼
Suppliers440/4€39k€28k▼
Taxes, remuneration and social security45€57k€17k▼
Taxes450/3€51k€11k▼
Remuneration and social security454/9€5k€6k▲
Other amounts payable47/48-€680k
Income statement
Code20242025
Remuneration, social security and pensions62€85k€59k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€67k▼
Other operating charges640/8€4k€1k▼
Non-recurring operating charges66A€64€17▼
Gross operating margin9900€309k€230k▼
Operating profit (loss)9901€153k€103k▼
Financial income75/76B€247k€4k▼
Recurring financial income75€4k€4k=
Non-recurring financial income76B€244k-
Financial charges65/66B€25k€23k▼
Recurring financial charges65€25k€23k▼
Profit (loss) for the period before taxes9903€375k€84k▼
Transfer from deferred taxes780€637€637=
Income taxes67/77€33k€228▼
Profit (loss) for the period9904€343k€85k▼
Profit (loss) for the period to be appropriated9905€343k€85k▼
Appropriation of the result
Profit (loss) to be appropriated9906€343k€427k▲
Profit (loss) brought forward from the previous period14P-€343k
Transfer from equity791/2€57k€253k▲
Profit to be distributed694/7€57k€680k▲
Return on contributions (dividend)694-€600k
Directors or managers695€57k€80k▲
Social balance
Average headcount (FTE)90870.60.5▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
22-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
30-06
Financial
Highest result since 2019net €343k ▲210%
Net result €343k, the highest in the series.
30-06
Financial
Liquidity doublescurrent ratio 6.67
Current ratio from 3.28 to 6.67; short-term debt falls from €225k to €198k.
30-06
Financial
Equity above €1MEq €1.04M ▲37.1%
6 profitable years in a row build equity to €1.04M.
2023
25-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
30-06
Financial
Liquidity triplescurrent ratio 3.28
Current ratio from 1.30 to 3.28; short-term debt falls from €237k to €225k.
2022
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
25-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
30-06
Financial
Equity above €500kEq €581k ▲50.1%
3 profitable years in a row build equity to €581k.
2020
04-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
25-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
24-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
15-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
24-10
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
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-05-2024
François Kaesmacher: Resigned as Managing director
01-05-2024
SRL WINE CONSULT: Resigned as Managing director
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 1991
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.
Rue Diguette 184031 LiègeGround area
5,114 m²
Building footprint
1,559 m²
Volume, LiDAR
9,214 m³
Parcel 62002D0535/00R002, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Diguette 18, 4031 Liège
since 19912.027.502.908
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62002D0535/00R002 | Wallonia | 5,114 m² | 1 · 1,559 m² | 8.4 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
IVEX TRADE
BE 0743.649.906
Antwerpen · Eq €445k
DRANKENHANDEL TIELEMANS
BE 0844.781.512
Sint-Katelijne-Waver · Eq €445k
Blérot père et fils
BE 0402.317.002
Verviers · Eq €444k
Mister Drinks Leirs
BE 0445.301.957
Zoersel · Eq €444k
BROUWERIJ DE GLAZEN TOREN
BE 0478.337.286
Erpe-Mere · Eq €446k
Of 1,581 companies in sector 46349 we hold annual accounts for 987. 684 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-05-1985
Fiscal year end30-06
Activities, NACEBEL
46341Wholesale of wines and spirits
46349Wholesale of beverages, general range
51340
46180Agents specialised in the wholesale of other particular products
47252Retail sale of beverages, general range
51180
52250Logistics services
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.