Financials
- Financial year
- 2025
- Total assets
- €44,139
- Loss
- -€34,934
- Solvency
- -56.5%
SOGA ELEC
ActiveSummary
The computed 12-month bankruptcy probability of SOGA ELEC is 3.9% (moderate). The 2025 annual accounts show negative equity (-€24,934) and a net result of -€34,934. Its solvency ranks better than 5% of 34,807 sector peers (NACE 43, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Specialised construction activities
NACE 43213General electrical installation work NACE 43211
1 site
Size
≈ €42,000turnover 2025, estimated
- Staff
- 0.6 FTE
- Equity
- -€24,934
- Loss
- -€34,934
Turnover estimated from the gross margin
Why 46raises riskFounded in 2025Negative equity -€24,934Loss of €34,934 (financial year 2025)Sector: Specialised construction activities (NACE 43)Show the evidence
Checked score
Score 2025
46
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 4% of its sector peers (NACE 43, micro)
Financial strength
Weak
Solvency
0
equity -56.5% of total assets
Liquidity
6
short-term debt 156.5% · cash 4.9%
Profitability
0
return on assets -79.1%
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2026: 1.9%lowest value
06-2026: 1.9%● unchanged vs 05-2026lowest value
07-2026: 1.9%● unchanged vs 06-2026
08-2026: 2.3%▲ +0.4 percentage points vs 07-2026
09-2026: 3.7%▲ +1.4 percentage points vs 08-2026
10-2026: 3.9%▲ +0.2 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.4, below 1; short-term debt: 156.5% and cash: 4.9% of total assets), and equity is negative.
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 43, micro): better than 3% on solvency, 5% on liquidity and 4% on profitability.
The bankruptcy probability was computed on 30-10-2026 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.
raises risk
raises risk · 2025 accounts filed 18 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
18 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- Resignation: Soufiane ABID (manager)Share transfer · Capital ·…
- IncorporationAppointments: NECOIU Gabriel (director) and…
Key points
By topic
Board & ownership
- Board
- 1 member
- Gabriel NECOIUDirector
Timeline
- Events
- 3
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Specialised construction activitiesNACE 43213
- Founded
- 24-04-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 24
- Annual meeting
- First Saturday of June at 14:00
- Purpose
- “Activité principale: 27.110 - Fabrication de moteurs,de génératrices et de transformateurs…” (deed in French)
Key facts about SOGA ELEC
- What is the company number of SOGA ELEC?
- 1022.663.476. In Belgium the VAT number is the company number with BE in front: BE 1022.663.476.
- Where is SOGA ELEC based?
- The registered office is at Stockem, route de Bouillon 252, 6700 Arlon.Company details
- What does SOGA ELEC do?
- According to the KBO register, the main activity is specialised construction activities (NACE 43213).
- What is the legal form of SOGA ELEC?
- Private limited company (BV).
- When was SOGA ELEC founded?
- On 24-04-2025.
- Is SOGA ELEC still active?
- Yes, SOGA ELEC is an active enterprise in the KBO register.
- How many employees does SOGA ELEC have?
- On average 0.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of SOGA ELEC?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is SOGA ELEC profitable?
- In financial year 2025, SOGA ELEC made a loss of €34,934.
- Where can I find the annual accounts of SOGA ELEC?
- SOGA ELEC filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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