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SOBRIMMO

Active
Public limited companyfounded 1994active for 32 yearsOttergemsesteenweg-Zuid 713, 9000 Gent, BelgiumKBO/BCE: BE 0452.390.677

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 26-05-2026 PDF all 28 filings

Equity
€495,265▼ 9.8%
2024 · €549,041
Total assets
€4.3m▲ 562%
2024 · €644,655
Net result
-€52,796▼ 284%
2024 · -€13,746
Working capital
€3.2m
2024 · -€25,800
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result for 2025 is a loss of €52,057, larger than the loss of €20,234 in 2024. It is the lowest result since 2021.

Operating result-€0.05m 2025 Net result-€0.05m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.005m--€0.03m-€0.01m▲ 60.0%-€0.006m▲ 43.2%€0.02m-€0.02m-€0.05m▼ 157%
Net result€0.004m--€0.03mbelow the sector's middle half-€0.009mwithin the sector's middle half▲ 64.2%-€0.005mwithin the sector's middle half▲ 44.3%€0.03mwithin the sector's middle half-€0.01mwithin the sector's middle half-€0.05mbelow the sector's middle half▼ 284%
Equity€0.6m-€0.6mwithin the sector's middle half▼ 4.1%€0.5mwithin the sector's middle half▼ 1.9%€0.5mwithin the sector's middle half▼ 1.1%€0.6mwithin the sector's middle half▲ 4.6%€0.5mwithin the sector's middle half▼ 2.6%€0.5mabove the sector's middle half▼ 9.8%
Total assets€0.6m-€0.6mbelow the sector's middle half▼ 3.7%€0.6mbelow the sector's middle half▼ 2.5%€0.6mbelow the sector's middle half▼ 0.3%€0.6mbelow the sector's middle half▲ 4.3%€0.6mbelow the sector's middle half▲ 10.9%€4.3mabove the sector's middle half▲ 562%
Debt€0.004m-€0.009m▲ 134%€0.006m▼ 36.0%€0.01m▲ 82.5%€0.01m▼ 6.9%€0.09m▲ 801%€3.8m▲ 43×
Working capital€0.2m-€0.1mwithin the sector's middle half▼ 10.4%€0.1mwithin the sector's middle half▼ 16.7%€0.1mwithin the sector's middle half▲ 12.9%€0.2mwithin the sector's middle half▲ 35.2%-€0.03mwithin the sector's middle half€3.2mabove the sector's middle half
Solvency97.3%-96.9%above the sector's middle half▼ 0.4pp97.5%above the sector's middle half▲ 0.6pp96.7%above the sector's middle half▼ 0.8pp97.0%above the sector's middle half▲ 0.3pp85.2%above the sector's middle half▼ 11.8pp11.6%within the sector's middle half▼ 73.6pp
Current ratio45.52-17.17above the sector's middle half▼ 28.3531.83above the sector's middle half▲ 14.6613.98above the sector's middle half▼ 17.8545.32above the sector's middle half▲ 31.330.71within the sector's middle half▼ 44.6112.77above the sector's middle half▲ 12.06
Return on assets (ROA)0.8%--4.5%below the sector's middle half▼ 5.3pp-1.7%below the sector's middle half▲ 2.9pp-0.9%below the sector's middle half▲ 0.7pp4.5%within the sector's middle half▲ 5.4pp-2.1%below the sector's middle half▼ 6.6pp-1.2%within the sector's middle half▲ 0.9pp
above within below The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.3m
Fixed assets €765,537 ▲ 31.7%
Current assets €3.5m ▲ 56×
Equity and liabilities €4.3m
Equity €495,265 ▼ 9.8%
Provisions €6,970 ▼ 4.5%
Debt €3.8m ▲ 43×
Debt's share of the balance-sheet total rises from 13.7% to 88.2%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€33,663▼
2024 · -€2,349
Cash flow
-€34,402▼
2024 · €4,139
Debt to equity
7.61▲
2024 · 0.16
ROE
-10.7%▼
2024 · -2.5%
Interest coverage
-16.46▼
2024 · -7.36
Debt ≤ 1 year
€273,690▲
2024 · €88,318
Debt > 1 year
€3.4m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as SOBRIMMO: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €3.1m and €4.2m, founded between 1989 and 1999.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFTEFinancial year
SOBRIMMO Gent1994€4.3m€0.5m-€0.03m--€0.05m-2025
Pilot Consult Sint-Niklaas1999€4.2m€3.1m-€0.02m--€0.04m-2025
LEOPOLDIM Elsene1993€3.8m-€1.3m-€0.1m€0.007m-€0.5m-2025
COMPAGNIE GENERALE DE SERVICES Kortrijk1989€3.9m€3.3m-€0.04m--€0.02m-2025
ASTIER - PERRET Mons1990€3.7m€1.1m-€0.001m€0.04m-€0.06m02025
REAL FUNDS DEVELOPMENTS Charleroi1989€3.6m€3.5m-€0.02m-€0.02m02026
IMMO - DEKAL Gent1993€3.1m€1.6m-€0.001m--€0.2m02025

They were chosen from the 7,230 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 2,507 companies had the same profile as SOBRIMMO has now. Two years later, 1.6% had gone bankrupt and 96.4% were still going.

  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a small loss
1.6% went bankrupt
1.8% stopped otherwise
96.4% was still going

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of SOBRIMMO itself is lower: 0.1% within 12 months. It rests on far more data about SOBRIMMO than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,507 companies, not a prediction for SOBRIMMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Subsidies and aid

Flemish government

2025 · 1 entry · €71,910 awarded
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines

Source: Annual accounts 2025 (PDF), filed on 26-05-2026.

Balance sheet Code20242025
Assets
Total assets20/58€0.6m€4.3m▲
Formation expenses20€0.001m€0.01m▲
Fixed assets21/28€0.6m€0.8m▲
Tangible fixed assets22/27€0.6m€0.8m▲
Land and buildings22€0.4m€0.4m▼
Assets under construction and advance payments27€0.2m€0.4m▲
Current assets29/58€0.06m€3.5m▲
Amounts receivable within one year40/41€0.05m€0.002m▼
Trade receivables40€0.006m-
Other amounts receivable41€0.04m€0.002m▼
Cash at bank and in hand54/58€0.01m€3.5m▲
Deferred charges and accrued income490/1€0.004m€20▼
Equity and liabilities
Total equity and liabilities10/49€0.6m€4.3m▲
Equity10/15€0.5m€0.5m▼
Contributions10/11€0.4m€0.4m=
Capital10€0.4m€0.4m=
Issued capital100€0.4m€0.4m=
Reserves13€0.1m€0.08m▼
Non-distributable reserves130/1€0.01m€0.01m=
Legal reserve130€0.01m€0.01m=
Distributable reserves133€0.1m€0.06m▼
Investment grants15€0.02m€0.02m▼
Provisions and deferred taxes16€0.007m€0.007m▼
Deferred taxes168€0.007m€0.007m▼
Amounts payable17/49€0.09m€3.8m▲
Amounts payable after more than one year17-€3.4m
Financial debts170/4-€3.4m
Amounts payable within one year42/48€0.09m€0.3m▲
Trade debts44€0.09m€0.1m▲
Suppliers440/4€0.09m€0.1m▲
Other amounts payable47/48-€0.1m
Accrued charges and deferred income492/3-€0.05m
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.02m▲
Other operating charges640/8€0.01m€0.001m▼
Gross operating margin9900€0.008m-€0.03m▼
Operating profit (loss)9901-€0.02m-€0.05m▼
Financial income75/76B€0.006m€0.001m▼
Recurring financial income75€0.006m€0.001m▼
Financial charges65/66B€319€0.002m▲
Recurring financial charges65€319€0.002m▲
Profit (loss) for the period before taxes9903-€0.01m-€0.05m▼
Transfer from deferred taxes780€327€327=
Profit (loss) for the period9904-€0.01m-€0.05m▼
Profit (loss) for the period to be appropriated9905-€0.01m-€0.05m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€0.01m-€0.05m▼
Transfer from equity791/2€0.01m€0.05m▲

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,891€17,908€18,865€23,961€17,779€17,885€18,394▲ 2.8%
Other operating charges640/8--€7,977€7,983€14,094€10,145€544▼ 94.6%
Gross operating margin9900€29,713-€1,222€16,168€25,882€51,254€7,796-€33,119-
Operating profit (loss)9901€4,638-€26,665-€10,674-€6,062€19,380-€20,234-€52,057▼ 157%
Financial income75/76B--€1,358€1,089€6,630€6,480€980▼ 84.9%
Recurring financial income75€1,510€755€1,358€1,089€6,630€6,480€980▼ 84.9%
Financial charges65/66B--€383€538€313€319€2,046▲ 541%
Recurring financial charges65€309€380€383€538€313€319€2,046▲ 541%
Profit (loss) for the period before taxes9903€5,839-€26,290-€9,699-€5,511€25,697-€14,073-€53,123▼ 277%
Transfer from deferred taxes780--€396€327€327€327€327=
Income taxes67/77€1,808-------
Profit (loss) for the period9904€4,475-€25,973-€9,303-€5,184€26,024-€13,746-€52,796▼ 284%
Profit (loss) for the period to be appropriated9905€4,475-€25,973-€9,303-€5,184€26,024-€13,746-€52,796▼ 284%
Line2019202020212022202320242025Change
Assets
Total assets20/58€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m€4.3m▲ 562%
Formation expenses20-----€0.001m€0.01m▲ 940%
Fixed assets21/28€0.4m€0.4m€0.4m€0.4m€0.4m€0.6m€0.8m▲ 31.7%
Tangible fixed assets22/27€0.4m€0.4m€0.4m€0.4m€0.4m€0.6m€0.8m▲ 31.7%
Land and buildings22--€0.4m€0.4m€0.4m€0.4m€0.4m▼ 4.7%
Assets under construction and advance payments27-----€0.2m€0.4m▲ 97.8%
Current assets29/58€0.2m€0.2m€0.1m€0.1m€0.2m€0.06m€3.5m▲ 56×
Amounts receivable within one year40/41€0.003m--€0.1m€0.1m€0.05m€0.002m▼ 95.2%
Trade receivables40----€0.006m€0.006m--
Other amounts receivable41---€0.1m€0.1m€0.04m€0.002m▼ 94.5%
Cash at bank and in hand54/58€0.2m€0.2m€0.1m€0.04m€0.05m€0.01m€3.5m▲ 363×
Deferred charges and accrued income490/1--€0.002m€107-€0.004m€20▼ 99.5%
Equity and liabilities
Total equity and liabilities10/49€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m€4.3m▲ 562%
Equity10/15€0.6m€0.6m€0.5m€0.5m€0.6m€0.5m€0.5m▼ 9.8%
Contributions10/11€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m=
Capital10--€0.4m€0.4m€0.4m€0.4m€0.4m=
Issued capital100--€0.4m€0.4m€0.4m€0.4m€0.4m=
Reserves13€0.01m€0.01m€0.01m€0.01m€0.1m€0.1m€0.08m▼ 41.2%
Non-distributable reserves130/1--€0.01m€0.01m€0.01m€0.01m€0.01m=
Legal reserve130--€0.01m€0.01m€0.01m€0.01m€0.01m=
Distributable reserves133----€0.1m€0.1m€0.06m▼ 45.9%
Profit (loss) carried forward14€0.1m€0.1m€0.1m€0.1m----
Investment grants15--€0.02m€0.02m€0.02m€0.02m€0.02m▼ 4.5%
Provisions and deferred taxes16€0.01m€0.009m€0.008m€0.008m€0.008m€0.007m€0.007m▼ 4.5%
Deferred taxes168--€0.008m€0.008m€0.008m€0.007m€0.007m▼ 4.5%
Amounts payable17/49€0.004m€0.009m€0.006m€0.01m€0.01m€0.09m€3.8m▲ 43×
Amounts payable after more than one year17------€3.4m-
Financial debts170/4------€3.4m-
Amounts payable within one year42/48€0.004m€0.009m€0.004m€0.01m€0.004m€0.09m€0.3m▲ 210%
Trade debts44€0.004m€0.009m€0.004m€0.01m€0.004m€0.09m€0.1m▲ 51.4%
Suppliers440/4--€0.004m€0.01m€0.004m€0.09m€0.1m▲ 51.4%
Taxes, remuneration and social security45--€328€457----
Taxes450/3--€328€457----
Other amounts payable47/48------€0.1m-
Accrued charges and deferred income492/3--€0.002m-€0.006m-€0.05m-
Line2019202020212022202320242025Change
Profit (loss) for the period9904€0.004m-€0.03m-€0.009m-€0.005m€0.03m-€0.01m-€0.05m▼ 284%
+ Depreciation and write-downs630€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m▲ 2.8%
Operating cash flow (approximation)€0.02m-€0.008m€0.01m€0.02m€0.04m€0.004m-€0.03m-
Investment in fixed assets (approximation)--€0.007m-€0.03m€0€1-€0.2m-€0.2m▲ 2.0%
Change in cash--€0.009m-€0.03m-€0.08m€0.008m-€0.04m€3.5m-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 28 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 26-05-2026 2026-00120137 PDF
31-12-2024 abbreviated format 19-05-2025 2025-00103577 PDF
31-12-2023 abbreviated format 22-05-2024 2024-00094551 PDF
31-12-2022 abbreviated format 11-05-2023 2023-00086232 PDF
30-09-2021 abbreviated format 29-04-2022 2022-20016626 PDF
30-09-2020 abbreviated format 17-03-2021 2021-07700386 PDF
30-09-2019 abbreviated format 17-03-2020 2020-06900315 PDF
30-09-2018 abbreviated format 08-02-2019 2019-04800250 PDF
30-09-2017 abbreviated format 23-02-2018 2018-05500002 PDF
30-09-2016 abbreviated format 27-02-2017 2017-05200253 PDF

Show all 28 filings

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