SOBRASCO
InactiveSignals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline30-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 06-09-2023, 37 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
not filed
2023
not filed
2022
37 d late
2021
3 d early
2020
79 d late
2019
85 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 50 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2022, full schema
Turnover
€660,077▲ 4.1%
2021 · €634,062
EBIT margin
203.1%▲ 149.8pp
2021 · 53.3%
Net result
€2.6m▲ 112%
2021 · €1.2m
Working capital
€1.4m▲ 251%
2021 · €399,108
Trend over the years
In euros
In per cent
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Turnover€601,919-€615,455▲ 2.2%€560,866▼ 8.9%€634,062▲ 13.1%€660,077▲ 4.1%
Operating result€303,842-€311,295▲ 2.5%€279,390▼ 10.2%€338,178▲ 21.0%€1.3m▲ 296%
Net result€210,285-€1.9m▲ 798%€1.8m▼ 4.4%€1.2m▼ 30.9%€2.6m▲ 112%
EBIT margin50.5%-50.6%▲ 0.1pp49.8%▼ 0.8pp53.3%▲ 3.5pp203.1%▲ 149.8pp
Equity€3.0m-€4.9m▲ 63.6%€5.0m▲ 2.2%€5.2m▲ 5.0%€6.2m▲ 19.2%
Total assets€3.5m-€4.9m▲ 38.9%€5.1m▲ 4.3%€5.8m▲ 12.4%€6.3m▲ 9.1%
Debt€560,330-€53,263▼ 90.5%€160,695▲ 202%€549,869▲ 242%€79,038▼ 85.6%
Working capital-€363,811-€1.3m€381,239▼ 70.1%€399,108▲ 4.7%€1.4m▲ 251%
Staff (FTE)3.1-3▼ 3.2%3=3=3=
Result per fiscal year
Operating resultNet result
After the dip in 2020 the operating result has climbed two years in a row; 2022 is 296% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €6.3m
Fixed assets
€4.8m =
Current assets
€1.5m ▲ 55.7%
Equity and liabilities €6.3m
Equity
€6.2m ▲ 19.2%
Provisions
€17,000 =
Debt
€79,038 ▼ 85.6%
Debt's share of the balance-sheet total falls from 9.5% to 1.3%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
18.84▲
2021 · 1.73
Debt to equity
0.01▼
2021 · 0.11
ROE
42.5%▲
2021 · 23.9%
ROA
41.8%▲
2021 · 21.6%
Debt ≤ 1 year
€78,432▼
2021 · €549,695
Income taxes
€340,737▲
2021 · €89,508
Staff costs
€289,056▲
2021 · €268,866
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €639,197 | €1.7m | ▲ 161% |
| Turnover70 | €601,919 | €615,455 | €560,866 | €634,062 | €660,077 | ▲ 4.1% |
| Other operating income74 | - | - | - | €5,135 | €5,093 | ▼ 0.8% |
| Non-recurring operating income76A | - | - | - | - | €1.0m | - |
| Operating charges60/66A | - | - | - | €301,019 | €324,349 | ▲ 7.8% |
| Services and other goods61 | - | - | - | €31,284 | €34,425 | ▲ 10.0% |
| Remuneration, social security and pensions62 | - | - | - | €268,866 | €289,056 | ▲ 7.5% |
| Other operating charges640/8 | - | - | - | €868 | €868 | = |
| Non-recurring operating charges66A | - | - | - | €0 | - | - |
| Operating profit (loss)9901 | €303,842 | €311,295 | €279,390 | €338,178 | €1.3m | ▲ 296% |
| Financial income75/76B | - | - | - | €999,853 | €1.6m | ▲ 64.0% |
| Recurring financial income75 | - | - | - | €999,853 | €1.6m | ▲ 64.0% |
| Non-recurring financial income76B | - | - | - | €999,853 | €1.6m | ▲ 64.0% |
| Financial charges65/66B | - | - | - | €649 | €573 | ▼ 11.8% |
| Recurring financial charges65 | €416 | €467 | €481 | €649 | €573 | ▼ 11.8% |
| Debt charges650 | €5 | €0 | €0 | €0 | €0 | - |
| Other financial charges652/9 | - | - | - | €649 | €573 | ▼ 11.8% |
| Profit (loss) for the period before taxes9903 | €303,427 | €2.0m | €1.9m | €1.3m | €3.0m | ▲ 123% |
| Income taxes67/77 | €93,142 | €95,230 | €72,845 | €89,508 | €340,737 | ▲ 281% |
| Taxes670/3 | - | - | - | €89,508 | €340,800 | ▲ 281% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | €63 | - |
| Profit (loss) for the period9904 | €210,285 | €1.9m | €1.8m | €1.2m | €2.6m | ▲ 112% |
| Profit (loss) for the period to be appropriated9905 | €210,285 | €1.9m | €1.8m | €1.2m | €2.6m | ▲ 112% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.5m | €4.9m | €5.1m | €5.8m | €6.3m | ▲ 9.1% |
| Fixed assets21/28 | €3.4m | €3.6m | €4.6m | €4.8m | €4.8m | = |
| Financial fixed assets28 | €3.4m | €3.6m | €4.6m | €4.8m | €4.8m | = |
| Affiliated companies280/1 | - | - | - | €4.8m | €4.8m | = |
| Participating interests280 | - | - | - | €2.9m | €2.9m | = |
| Amounts receivable281 | - | - | - | €2.0m | €2.0m | = |
| Other financial fixed assets284/8 | - | - | - | €29 | €29 | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | €29 | €29 | = |
| Current assets29/58 | €196,143 | €1.3m | €541,755 | €948,803 | €1.5m | ▲ 55.7% |
| Amounts receivable within one year40/41 | €106,730 | €121,668 | €60,689 | €680,928 | €1.3m | ▲ 87.7% |
| Trade receivables40 | - | - | - | €79,436 | €1.3m | ▲ 1,509% |
| Other amounts receivable41 | - | - | - | €601,492 | €250 | ▼ 100.0% |
| Cash at bank and in hand54/58 | €88,455 | €1.2m | €477,311 | €266,911 | €198,497 | ▼ 25.6% |
| Deferred charges and accrued income490/1 | - | - | - | €965 | €965 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.5m | €4.9m | €5.1m | €5.8m | €6.3m | ▲ 9.1% |
| Equity10/15 | €3.0m | €4.9m | €5.0m | €5.2m | €6.2m | ▲ 19.2% |
| Contributions10/11 | €2.1m | €2.1m | €2.1m | €2.1m | €2.1m | = |
| Capital10 | - | - | - | €2.1m | €2.1m | = |
| Issued capital100 | - | - | - | €2.1m | €2.1m | = |
| Reserves13 | €309,119 | €309,119 | €309,119 | €309,119 | €309,119 | = |
| Non-distributable reserves130/1 | - | - | - | €212,440 | €212,440 | = |
| Legal reserve130 | - | - | - | €212,440 | €212,440 | = |
| Distributable reserves133 | - | - | - | €96,678 | €96,678 | = |
| Profit (loss) carried forward14 | €538,060 | €2.4m | €2.5m | €2.8m | €3.8m | ▲ 35.9% |
| Provisions and deferred taxes16 | €17,000 | €17,000 | €17,000 | €17,000 | €17,000 | = |
| Provisions for liabilities and charges160/5 | - | - | - | €17,000 | €17,000 | = |
| Other liabilities and charges164/5 | - | - | - | €17,000 | €17,000 | = |
| Amounts payable17/49 | €560,330 | €53,263 | €160,695 | €549,869 | €79,038 | ▼ 85.6% |
| Amounts payable within one year42/48 | €559,954 | €53,148 | €160,516 | €549,695 | €78,432 | ▼ 85.7% |
| Financial debts43 | - | - | - | €0 | - | - |
| Credit institutions430/8 | - | - | - | €0 | - | - |
| Trade debts44 | €5,937 | €6,541 | €4,819 | €3,806 | €2,683 | ▼ 29.5% |
| Suppliers440/4 | - | - | - | €3,806 | €2,683 | ▼ 29.5% |
| Taxes, remuneration and social security45 | - | - | - | €95,712 | €75,749 | ▼ 20.9% |
| Taxes450/3 | - | - | - | €53,426 | €42,331 | ▼ 20.8% |
| Remuneration and social security454/9 | - | - | - | €42,285 | €33,419 | ▼ 21.0% |
| Other amounts payable47/48 | - | - | - | €450,177 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €175 | €606 | ▲ 247% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €210,285 | €1.9m | €1.8m | €1.2m | €2.6m | ▲ 112% |
| Operating cash flow (approximation) | €210,285 | €1.9m | €1.8m | €1.2m | €2.6m | ▲ 112% |
| Investment in fixed assets (approximation) | - | -€250,000 | -€1.0m | -€230,000 | €0 | ▲ 100% |
| Change in cash | - | €1.1m | -€725,396 | -€210,400 | -€68,414 | ▲ 67.5% |
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
2023
06-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 37 days late
2022
31-12
Financial
Highest result since 2018net €2.6m ▲112%
Operating result €1.3m, net result €2.6m, both a record.
31-12
Financial
Liquidity times 11current ratio 18.84
Current ratio from 1.73 to 18.84; short-term debt falls from €549,695 to €78,432.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €5mEq €5.2m ▲5%
4 profitable years in a row build equity to €5.2m.
18-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 79 days late
2020
24-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 85 days late
2019
31-12
Financial
Liquidity times 71current ratio 24.99
Current ratio from 0.35 to 24.99; short-term debt falls from €559,954 to €53,148.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 2 days late
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 59 days late
2015
25-10
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 86 days late
2014
07-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 22 acts read
About the unread acts
We know of 22 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
1 owner · 2 holdings · 3 subsidiaries in the treeChain of control
- INOODIS
- SOBRASCO
Highest known parent: INOODIS. The sources do not say who stands above it.
Owners 1
- INOODISparentSourceaccounts INOODIS 202285.94%
Holdings 2
-
99.99%
-
99%
All subsidiaries, including indirect ones 3
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
Brasserie du Bocq 99.99%1 subsidiary
- LE PRETERY 98.67%
- Corbrew 99%
According to the 2022 annual accounts of SOBRASCO and those 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
No current directors or connected companies found in the register.