SOGEBO
ActiveSOGEBO has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €440k and a net result of €-8k. Equity is shrinking by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 55% of 3571 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-6
Solvency70▲+14
Growth32=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity tight (current ratio 1.21 against 0.98 in 2023), and 56.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · 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 2024Solvency, return and age of the figures
Solvency
43.3%
Return on assets
-0.8%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-09-2025, 42 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 filingsDeviation from the deadline
2025
not confirmed
2024
42 d late
2023
61 d late
2022
31 d late
2021
26 d late
2020
26 d late
2019
37 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-8k
2023 · €6k
2018: €77k
2019: €49k
2020: €11k
2021: €30k
2022: €8k
2023: €6k
2018 → 2024
Working capital
€83k
2023 · €-11k
2018: €76k
2019: €54k
2020: €40k
2021: €245k
2022: €369k
2023: €-11k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€548k-€698k▲ 27.3%€705k▲ 1.1%€491k▼ 30.3%€440k▼ 10.4%
Operating result€-23k-€12k€32k▲ 170%€12k▼ 62.2%€2k▼ 85.5%
Net result€11k-€30k▲ 171%€8k▼ 74.5%€6k▼ 19.4%€-8k
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 85% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.02M
Fixed assets
€530k▼ 26.6%
Current assets
€486k▼ 25.2%
Equity and liabilities €1.02M
Equity
€440k▼ 10.4%
Debt
€577k▼ 34.6%
The debt ratio falls from 64.2% to 56.7%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€36k▼
2023 · €59k
Cash flow
€26k▼
2023 · €53k
Solvency
43.3%▲
2023 · 35.8%
Current ratio
1.21▲
2023 · 0.98
Quick ratio
1.13▲
2023 · 0.91
Debt / equity
1.31▼
2023 · 1.80
ROE
-1.7%▼
2023 · 1.2%
ROA
-0.8%▼
2023 · 0.4%
Interest coverage
2.07▼
2023 · 9.41
Debt
€577k▼
2023 · €882k
Debt ≤ 1 year
€403k▼
2023 · €661k
Debt > 1 year
€174k▼
2023 · €221k
Income taxes
€-5k
Staff costs
€86k▼
2023 · €201k
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€1.37M€1.02M▼
Fixed assets21/28€723k€530k▼
Tangible fixed assets22/27€685k€491k▼
Land and buildings22€546k€370k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€19k€11k▼
Other tangible fixed assets26€117k€108k▼
Financial fixed assets28€39k€40k▲
Current assets29/58€650k€486k▼
Stocks and contracts in progress3€47k€31k▼
Stocks30/36€47k€31k▼
Amounts receivable within one year40/41€477k€359k▼
Trade receivables40€470k€343k▼
Other amounts receivable41€7k€16k▲
Cash at bank and in hand54/58€100k€85k▼
Deferred charges and accrued income490/1€27k€11k▼
Equity and liabilities
Total equity and liabilities10/49€1.37M€1.02M▼
Equity10/15€491k€440k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€55k€12k▼
Reserves13€152k€152k=
Non-distributable reserves130/1€24k€24k=
Reserves not available under the articles1311€24k€24k=
Tax-exempt reserves132€77k€77k=
Distributable reserves133€51k€51k=
Profit (loss) carried forward14€218k€210k▼
Investment grants15€4k€4k=
Amounts payable17/49€882k€577k▼
Amounts payable after more than one year17€221k€174k▼
Financial debts170/4€144k€115k▼
Trade debts175€77k€59k▼
Amounts payable within one year42/48€661k€403k▼
Current portion of amounts payable after more than one year42€58k€29k▼
Financial debts43€100k-
Credit institutions430/8€100k-
Trade debts44€218k€139k▼
Suppliers440/4€218k€139k▼
Taxes, remuneration and social security45€69k€26k▼
Taxes450/3€28k€231▼
Remuneration and social security454/9€41k€26k▼
Other amounts payable47/48€216k€208k▼
Income statement
Code20232024
Remuneration, social security and pensions62€201k€86k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€34k▼
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A-€6k
Gross operating margin9900€263k€129k▼
Operating profit (loss)9901€12k€2k▼
Financial income75/76B€388€3k▲
Recurring financial income75€388€3k▲
Financial charges65/66B€6k€17k▲
Recurring financial charges65€6k€17k▲
Profit (loss) for the period before taxes9903€6k€-12k▼
Income taxes67/77-€-5k
Profit (loss) for the period9904€6k€-8k▼
Profit (loss) for the period to be appropriated9905€6k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€218k€210k▼
Profit (loss) brought forward from the previous period14P€212k€218k▲
Social balance
Average headcount (FTE)9087-4.0
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 42 days late
2024
31-12
Financial
Weakest financial yearnet €-8k ▼226%
Net result drops to €-8k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 61 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 26 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 59 days late
2016
22-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Ath · 1 establishment unit since 2004
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.
Route de Frasnes(Mai) 3547812 AthGround area
637 m²
Building footprint
288 m²
Parcel 51041C0558/00H000, Wallonia. Linked by address, not a title deed.
1 establishment unit
SOGEBO
since 20042.143.640.315
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51041C0558/00H000 | Wallonia | 637 m² | 1 · 288 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.
Recognitions · licences · registrations
Recognised contractor
37 categoriesSOGEBO SA29009
Similar companies · same sector, comparable size
DEPOOVER
BE 0845.334.511
Houthulst · Eq €440k
DEVOSKO
BE 0840.588.241
Kortrijk · Eq €441k
DE RYCKE R. EN ZONEN
BE 0448.868.983
Gavere · Eq €441k
CONSTRUCT -TIM
BE 0897.517.739
Andenne · Eq €441k
ALFA WONING
BE 0838.889.949
Mortsel · Eq €439k
Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 9,633 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-11-2004
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
45211
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.