Skip to content

SOGASOA

Active
Private limited companyfounded 201115 yrs activeRue du Pourrain 78, 5330 Assesse, BelgiumKBO/BCE: BE 0834.818.523

SOGASOA has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.19M and a net result of €350k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 72% of 6008 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
71 / 100
Healthy▲ +11 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+30
Solvency66▲+2
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity short (current ratio 0.44 against 0.46 in 2023), and 38.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
61.7%
Return on assets
18.1%
Age of the figures
20 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
34 d early
2023
36 d early
2022
52 d early
2021
33 d early
2020
31 d late
2019
39 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€350k▲ 123%
2023 · €157k
2018: €157k 2019: €145k 2020: €150k 2021: €136k 2022: €183k 2023: €157k
2018 → 2024
Working capital
€-417k▲ 15.5%
2023 · €-494k
2018: €-411k 2019: €-429k 2020: €-414k 2021: €-355k 2022: €-411k 2023: €-494k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€1.19M-€1.26M▲ 6.0%€1.20M▼ 4.5%€1.12M▼ 6.9%€1.19M▲ 6.7%
Operating result€165k-€141k▼ 14.5%€220k▲ 55.7%€196k▼ 10.9%€202k▲ 3.4%
Net result€150k-€136k▼ 9.3%€183k▲ 34.9%€157k▼ 14.0%€350k▲ 123%
Result per fiscal year
Operating resultNet result
€0€100k€200k€300k€400kOperating result 2020: €165k€165kNet result 2020: €150k€150kOperating result 2021: €141k€141kNet result 2021: €136k€136kOperating result 2022: €220k€220kNet result 2022: €183k€183kOperating result 2023: €196k€196kNet result 2023: €157k€157kOperating result 2024: €202k€202kNet result 2024: €350k€350k20202021202220232024
The operating result recovers in 2024; 2024 is 3% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.93M
Fixed assets €1.61M▼ 0.1%
Current assets €323k▼ 24.6%
Equity and liabilities €1.93M
Equity €1.19M▲ 6.7%
Debt €740k▼ 19.8%
The debt ratio falls from 45.2% to 38.3%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€204k
2023 · €197k
Cash flow
€352k
2023 · €159k
Solvency
61.7%
2023 · 54.8%
Current ratio
0.44
2023 · 0.46
Quick ratio
0.44
2023 · 0.46
Debt / equity
0.62
2023 · 0.83
ROE
29.4%
2023 · 14.1%
ROA
18.1%
2023 · 7.7%
Interest coverage
8.54
2023 · 9.19
Debt
€740k
2023 · €923k
Debt ≤ 1 year
€740k
2023 · €923k
Income taxes
€69k
2023 · €55k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€2.04M€1.93M
Fixed assets21/28€1.61M€1.61M
Tangible fixed assets22/27€10k€9k
Plant, machinery and equipment23€10k€9k
Furniture and vehicles24€353€84
Financial fixed assets28€1.60M€1.60M=
Current assets29/58€429k€323k
Amounts receivable within one year40/41€111k€94k
Trade receivables40€72k€49k
Other amounts receivable41€39k€45k
Current investments50/53€200k-
Cash at bank and in hand54/58€115k€225k
Deferred charges and accrued income490/1€3k€4k
Equity and liabilities
Total equity and liabilities10/49€2.04M€1.93M
Equity10/15€1.12M€1.19M
Contributions10/11€275k€275k=
Reserves13€403k€478k
Distributable reserves133€403k€478k
Profit (loss) carried forward14€614k€439k
Amounts payable17/49€923k€740k
Amounts payable within one year42/48€923k€740k
Current portion of amounts payable after more than one year42€16k€16k=
Trade debts44€510€543
Suppliers440/4€510€543
Taxes, remuneration and social security45€10k€30k
Taxes450/3€10k€30k
Other amounts payable47/48€896k€694k
Accrued charges and deferred income492/3€6-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k
Other operating charges640/8€4k€4k
Non-recurring operating charges66A€612€366
Gross operating margin9900€202k€209k
Operating profit (loss)9901€196k€202k
Financial income75/76B€39k€240k
Recurring financial income75€39k€240k
Financial charges65/66B€21k€24k
Recurring financial charges65€21k€24k
Profit (loss) for the period before taxes9903€213k€419k
Income taxes67/77€55k€69k
Profit (loss) for the period9904€157k€350k
Profit (loss) for the period to be appropriated9905€157k€350k
Appropriation of the result
Profit (loss) to be appropriated9906€754k€964k
Profit (loss) brought forward from the previous period14P€597k€614k
Transfer from equity791/2€200k-
Transfer to equity691/2€100k€250k
To other reserves6921€100k€250k
Profit to be distributed694/7€240k€275k
Return on contributions (dividend)694€240k€275k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2025
27-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Highest result since 2018net €350k ▲123%
Net result €350k, the highest in the series.
22-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
25-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
09-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
28-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Weakest financial yearnet €136k ▼9.3%
Net result drops to €136k, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
08-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 39 days late
2019
31-12
Financial Equity above €1MEq €1.07M ▲14.5%
2 profitable years in a row build equity to €1.07M.
18-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
05-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
18-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Assesse · 1 establishment unit since 2011
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Rue du Pourrain 785330 Assesse
Ground area
7,414 m²
Building footprint
116 m²
Parcel 92006B0162/00Z000, Wallonia. Linked by address, not a title deed.
1 establishment unit
SOGASOA
Rue du Pourrain 78, 5330 AssesseAgents in the wholesale of timber and building materials
since 20112.197.533.317
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92006B0162/00Z000 Wallonia 7,414 m² 1 · 116 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 1,632 companies in sector 46170 we hold annual accounts for 662. 262 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded24-03-2011
Fiscal year end31-12
Activities, NACEBEL
46170Agents in the wholesale of food, beverages and tobacco
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.