SOGEBAT

Active

Private limited company (pre-2019)founded 200620 yrs activeRue Puissant 201, 6040 Charleroi, BelgiumKBO/BCE: BE 0882.315.958

SOGEBAT has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €272k and a net result of €-555. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 60% of 1291 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

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Checked score

Score 2024

56 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability69=

Solvency64▼-11

Growth78=

Track record100

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €15k at 30 days acceptable

Liquidity ample (current ratio 1.61 against 2.08 in 2023; short-term debt: 57.2% and cash: 2.9% of total assets), but 60.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 41

Relative position

BE, all sectors

reference

Sector 41

higher

← fewer bankruptcies more bankruptcies →

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

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

39.2%

Return on assets

-0.1%

Age of the figures

21 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

69 d late

2023

77 d late

2022

122 d late

2021

61 d late

2020

61 d late

2019

33 d late

← before the deadline after the deadline →

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

€-555

2023 · €353

2018: €-5k 2019: €449 2020: €1k 2021: €4k 2022: €2k 2023: €353

2018 → 2024

Working capital

€243k▼ 2.9%

2023 · €250k

2018: €249k 2019: €267k 2020: €286k 2021: €269k 2022: €271k 2023: €250k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€267k-€271k▲ 1.5%€272k▲ 0.6%€272k▲ 0.1%€272k▼ 0.2%

Operating result€2k-€5k▲ 194%€3k▼ 42.1%€4k▲ 21.7%€3k▼ 27.6%

Net result€1k-€4k▲ 207%€2k▼ 61.4%€353▼ 77.3%€-555

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 28% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €693k

92.3%

Fixed assets €53k▼ 12.6%

Current assets €640k▲ 32.6%

Equity and liabilities €693k

39.2%

60.8%

Equity €272k▼ 0.2%

Debt €421k▲ 55.4%

The debt ratio rises from 49.9% to 60.8%. Equity is lower and debt is higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€20k▲

2023 · €11k

Cash flow

€17k▲

2023 · €7k

Solvency

39.2%▼

2023 · 50.1%

Current ratio

1.61▼

2023 · 2.08

Quick ratio

0.28▲

2023 · 0.13

Debt / equity

1.55▲

2023 · 0.99

ROE

-0.2%▼

2023 · 0.1%

ROA

-0.1%▼

2023 · 0.1%

Interest coverage

7.25▲

2023 · 6.24

Debt

€421k▲

2023 · €271k

Debt ≤ 1 year

€397k▲

2023 · €232k

Debt > 1 year

€25k▼

2023 · €39k

Income taxes

€620▼

2023 · €2k

Staff costs

€3k▼

2023 · €3k

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€544k€693k▲

Fixed assets21/28€61k€53k▼

Tangible fixed assets22/27€61k€53k▼

Plant, machinery and equipment23€2k€1k▼

Furniture and vehicles24€59k€52k▼

Financial fixed assets28€274€274=

Current assets29/58€482k€640k▲

Stocks and contracts in progress3€453k€527k▲

Stocks30/36€453k€527k▲

Amounts receivable within one year40/41€27k€93k▲

Trade receivables40€27k€86k▲

Other amounts receivable41€13€7k▲

Current investments50/53€36€35▼

Cash at bank and in hand54/58€3k€20k▲

Equity and liabilities

Total equity and liabilities10/49€544k€693k▲

Equity10/15€272k€272k▼

Contributions10/11€20k€20k=

Reserves13€229k€229k=

Distributable reserves133€229k€229k=

Profit (loss) carried forward14€23k€22k▼

Amounts payable17/49€271k€421k▲

Amounts payable after more than one year17€39k€25k▼

Financial debts170/4€39k€25k▼

Amounts payable within one year42/48€232k€397k▲

Current portion of amounts payable after more than one year42€14k€15k▲

Trade debts44€43k€116k▲

Suppliers440/4€43k€116k▲

Taxes, remuneration and social security45€10k€7k▼

Taxes450/3€10k€7k▼

Other amounts payable47/48€165k€259k▲

Income statement Code20232024

Remuneration, social security and pensions62€3k€3k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€17k▲

Other operating charges640/8€230-

Gross operating margin9900€14k€22k▲

Operating profit (loss)9901€4k€3k▼

Financial income75/76B€226€200▼

Recurring financial income75€226€200▼

Financial charges65/66B€2k€3k▲

Recurring financial charges65€2k€3k▲

Profit (loss) for the period before taxes9903€2k€65▼

Income taxes67/77€2k€620▼

Profit (loss) for the period9904€353€-555▼

Profit (loss) for the period to be appropriated9905€353€-555▼

Appropriation of the result

Profit (loss) to be appropriated9906€23k€22k▼

Profit (loss) brought forward from the previous period14P€23k€23k▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 12Financial 2Filings 10

2025

08-10

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 69 days late

2024

16-10

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 77 days late

2023

30-11

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 122 days late

2022

30-09

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 61 days late

2021

31-12

Financial Highest result since 2018net €4k ▲207%

Operating result €5k, net result €4k, both a record.

30-09

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 61 days late

2020

02-09

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 33 days late

2019

31-12

Financial Back to profitnet €449

Net result €449 after one loss-making year.

03-07

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

16-08

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 16 days late

2017

07-07

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2016

31-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 31 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

Location & real-estate footprint

Registered office, Charleroi · 1 establishment unit since 2006

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 Puissant 2016040 Charleroi

Ground area

2,778 m²

Building footprint

396 m²

Volume, LiDAR

2,163 m³