Turnover
The accounts state no turnover.
The accounts state no turnover.
The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 68, small). It does better than 77% of them on solvency, 53% on liquidity and 83% on profitability.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 23,016 companies had the same profile as Sodeba Immo has now. Each dot stands for 58 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Sodeba Immo itself: 0.5% within 12 months.
The method was tested on the 497,448 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.
| 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 23,016 companies, not a prediction for Sodeba Immo. 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.
Liquidity is insufficient, with a current ratio of 0.18, below 1. Short-term debt is 9.6% and cash 0% of total assets. 37.7% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| Sodeba Immo Grimbergen | €2.4m | €310,653 | 62.3% | - |
| Donny4U De Panne | €2.6m | €258,821 | 75.0% | - |
| PDB Immo Watermael-Boitsfort | €2.5m | €319,256 | -5.7% | - |
| MYDIMMO Langemark-Poelkapelle | €2.0m | €374,561 | 85.0% | - |
| IMMOPA-BIS Bilzen-Hoeselt | €2.0m | €418,559 | 16.1% | 1.1 |
| Immo VAVA Peer | €2.9m | €293,501 | 67.9% | 0 |
| MALPERTHUYS RHN Tielt | €2.7m | €193,643 | 12.9% | - |
These companies have the same main activity as Sodeba Immo: 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 €2m and €2.9m, founded in 2024.
Sodeba Immo has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €111,159.
Its solvency ranks better than 69% of 5,812 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €350,000. Estimated: probably between €310,000 and €390,000.
Higher than 69% of 5,812 companies in 2025.
Higher than 15% of 5,563 companies in 2025.
Higher than 75% of 5,786 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
2.4m | |
21/28 |
2.4m | |
22/27 |
2.4m | |
22 |
2.4m | |
23 |
14,231 | |
29/58 |
41,231 | |
40/41 |
33,298 | |
40 |
32,670 | |
41 |
628 | |
54/58 |
247 | |
490/1 |
7,686 | |
| Balance sheet: equity and liabilities | ||
10/49 |
2.4m | |
10/15 |
1.5m | |
10/11 |
101,451 | |
10 |
101,451 | |
100 |
101,451 | |
13 |
203,885 | |
130/1 |
10,145 | |
130 |
10,145 | |
132 |
24,052 | |
133 |
169,688 | |
14 |
1.2m | |
16 |
4,514 | |
168 |
4,514 | |
17/49 |
912,013 | |
17 |
650,833 | |
170/4 |
650,833 | |
42/48 |
234,179 | |
42 |
47,333 | |
44 |
4,062 | |
440/4 |
4,062 | |
45 |
34,841 | |
450/3 |
34,841 | |
47/48 |
147,943 | |
492/3 |
27,000 | |
| Income statement | ||
9900 |
310,653 | |
630 |
140,902 | |
640/8 |
13,149 | |
9901 |
156,602 | |
75/76B |
0 | |
75 |
0 | |
65/66B |
6,470 | |
65 |
6,470 | |
9903 |
150,132 | |
780 |
494 | |
67/77 |
39,467 | |
9904 |
111,159 | |
789 |
1,482 | |
9905 |
112,642 | |
| Appropriation of the result | ||
9906 |
1.2m | |
14P |
1.1m | |
| Document | ||
The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 31-07-2026 | 2026-00376103 |
| Line | Trend | 2025 |
|---|---|---|
| 297,504 | ||
| 252,062 | ||
| 3.5m | ||
| -192,948 | ||
| 62.3% | ||
| 0.18 | ||
| 0.60 | ||
| 7.3% | ||
| 4.6% | ||
| 45.99 |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 |
|---|---|
| Tangible fixed assets | €3.5m |
| Financial fixed assets | €0 |
| €140,902 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Debt's share of the balance-sheet total is 37.5%.
Source: list of holdings in the 2025 accounts of SODEBA. Every holding stands with its own latest accounts.
The network starts from the directors of Sodeba Immo. Every other company they run is a node.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Mechelstraat 100 registered office 1850 Grimbergen | 03-01-2025 | 2.370.872.218 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23025A0010/00E000 | 1,433 m² | 1 · 154 m² | 6.4 m · 2 |
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