Société Commerciale Sovac

Active

Public limited companyfounded 1982active for 44 yearsVictor Marchandstraat 17, 3090 Overijse, BelgiumKBO/BCE: BE 0422.509.531

Summary

The computed 12-month bankruptcy probability of Société Commerciale Sovac is 3.1% (moderate). The 2024 annual accounts show equity of €251,840 and a net result of -€85,769. Equity remains stable across the filed financial years (±1.7% per year). Its solvency ranks better than 36% of 8,969 sector peers (NACE 46, financial year 2024). The company has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals.

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Société Commerciale SovacActiveChecked score 49/100

Risk analysis Report Compare

Activity

Wholesale trade

NACE 46842

1 site

Size

€791,517total assets 2024

Staff: 6.6 FTE
Equity: €251,840
Loss: -€85,769

Turnover not published (abbreviated format)

Financial health

49 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 3.1%

Structure

Largest shareholder: THERMOCROSS II SAS BO · 20%

2025 accounts not filed, 87 days past the deadline1 of 16 deeds summarised

Why 49raises riskFigures for financial year 2024 (filed 19-12-2025)Loss of €85,769 (financial year 2024)1 financial year not filed after the legal deadline; last filed accounts filed 137 days late; 3 of the last 3 latelowers riskFounded in 1982Show the evidence

Checked score

Score 2024

49 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 29% of its sector peers (NACE 46, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Weak

Solvency 57-5

equity 31.8% of total assets

Liquidity 46+5

short-term debt 28.2% · cash 6.2%

Profitability 5-24

return on assets -10.8%

Bankruptcy probability, 12 months

3.1% Moderate

0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,882 companies, NACE 46, micro)

Last 24 months 11-2024: 2.4% 12-2024: 0.4%▼ -2.0 percentage points vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025lowest value 05-2025: 0.4%● unchanged vs 04-2025lowest value 06-2025: 0.5%▲ +0.1 percentage points vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%▲ +0.3 percentage points vs 07-2025 09-2025: 1.1%▲ +0.2 percentage points vs 08-2025 10-2025: 1.4%▲ +0.3 percentage points vs 09-2025 11-2025: 1.5%▲ +0.1 percentage points vs 10-2025 12-2025: 1.9%▲ +0.4 percentage points vs 11-2025 01-2026: 2.3%▲ +0.4 percentage points vs 12-2025 02-2026: 2.3%● unchanged vs 01-2026 03-2026: 2.2%▼ -0.1 percentage points vs 02-2026 04-2026: 2.3%▲ +0.1 percentage points vs 03-2026 05-2026: 2.2%▼ -0.1 percentage points vs 04-2026 06-2026: 2.0%▼ -0.2 percentage points vs 05-2026 07-2026: 1.9%▼ -0.1 percentage points vs 06-2026 08-2026: 2.6%▲ +0.7 percentage points vs 07-2026 09-2026: 2.6%● unchanged vs 08-2026 10-2026: 3.1%▲ +0.5 percentage points vs 09-2026highest value

Credit of up to €12,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity ample (current ratio 3.37, compared with 2.84 in 2023, above the usual 1.5; short-term debt: 28.2% and cash: 6.2% of total assets), but 68.2% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 42% on solvency, 45% on liquidity, 14% on profitability and 17% on growth.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises risk

Founded in 1982

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Figures for financial year 2024 (filed 19-12-2025)

NBB · annual accounts

Loss of €85,769 (financial year 2024)

NBB · annual accounts

1 financial year not filed after the legal deadline; last filed accounts filed 137 days late; 3 of the last 3 late

NBB · filings

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 87 days later.

NBB · 10 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline26-10-2026 today

2024 accounts filed 137 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-12-2025, 137 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

137 days late

2023

91 days late

2022

31 days late

2021

61 days late

2020

61 days late

2019

91 days 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 79 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

15-12-2025 Annual accounts filedfinancial year 2024 · abbreviated…
31-12-2024 Weakest financial yearnet -€85,769
30-10-2024 Annual accounts filedfinancial year 2023 · abbreviated…

Key points

Caution: From profit to loss in 2024after €1,376 in 2023 -€85,769 View
Caution: Among the weakest 9% on net resultsector median €40,633 · 8,964 companies -€85,769 View
Caution: 2025 accounts not fileddeadline was 31-07-2026 87 days past the deadline View
Known shareholdersaccounts at 31-12-2024 100% View

By topic

Financials

Financial year: 2024
Total assets: €791,517
Loss: -€85,769
Solvency: 31.8%

Total assets▼ 12.9%

Net result

20182024

Go to Financials

Board & ownership

Board: 3 members
Largest shareholder: THERMOCROSS II SAS BO · 20%
Known shareholders: 100%

Brigitte GOSSIAUXDirector
Sabrina DRAPSDirector
Stéphan PERNEELDirector

Go to Board & ownership

Timeline

Events: 48
Since: 1983

31-12-2023Back to profit
16-10-2023Appointments: Stéphan PERNEEL, Sabrina DRAPS and Brigitte…
31-08-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Wholesale tradeNACE 46842
Founded: 02-02-1982
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about Société Commerciale Sovac

What is the company number of Société Commerciale Sovac?: 0422.509.531. In Belgium the VAT number is the company number with BE in front: BE 0422.509.531.
Where is Société Commerciale Sovac based?: The registered office is at Victor Marchandstraat 17, 3090 Overijse.Company details
What does Société Commerciale Sovac do?: According to the KBO register, the main activity is wholesale trade (NACE 46842).
What is the legal form of Société Commerciale Sovac?: Public limited company (NV).
When was Société Commerciale Sovac founded?: On 02-02-1982.
Is Société Commerciale Sovac still active?: Yes, Société Commerciale Sovac is an active enterprise in the KBO register.
How many employees does Société Commerciale Sovac have?: On average 6.6 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Société Commerciale Sovac?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Société Commerciale Sovac profitable?: In financial year 2024, Société Commerciale Sovac made a loss of €85,769.
Where can I find the annual accounts of Société Commerciale Sovac?: Société Commerciale Sovac filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2024.