SOGEFIMO

Active Public limited companyfounded 1991active for 34 yearsAlphonse XIII laan 56, 1180 UccleKBO/BCE: BE 0446.068.158 #2 company by total assets in Uccle, Arts, sports and recreation sector

SOGEFIMO

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Overview

Lifetime

20 annual accounts with figures on one time axis, 34 filings since 1992

Compare with

Turnoverpeak €986,600 (2024)

€857,279▼ 13.1%

Resultlowest -€607,876 (2008)

€282,677▼ 88.5%

Equitypeak €17.2m (2025)

€17.2m▲ 1.7%

Debts

€8.3m▲ 2.1%

Board6 names since 2016

5 directorsBéatrice Taevernier and 4 others

Documentsfilings and deeds

18-08-202618 days late

2025financial year

Turnover from €986,600 to €857,279Gross margin from €723,678 to €560,882Result from €2.5m to €282,677Reappointment: Jean-Louis WAUCQUEZ (director) 01-10Investments €1.0mCash from €113,763 to €173,199

Key points

from the 2025 annual accounts

Result

€282,677 ▼ 88.5%

The result fell in 2025 from €2.5m to €282,677.

Investments

€26,851 0.2 × depreciation

Green is investment, beige is depreciation.

Payment terms

57 days to suppliers

Suppliers

20 to 57

Customers

4 to 64

SOGEFIMO pays its suppliers 37 days later than in 2024. Customers pay 60 days later.

Filings

34 annual accounts since 1992

Four of the last ten came late. The 2020 accounts came latest: 31 days after the end of the period.

Group

4 companies controlled

Heads a group.

Position in the sector

€17.2m

More equity than 95% of companies in sports and recreation. Sector median €531,946 · 516 companies.

Checked score

Excellent

Financially stronger than 59% of medium-sized companies in sports and recreation (NACE 93)

Probability in this band: under 0.55%

Bankruptcy probability within 12 months 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 54 companies (NACE 93, medium-sized).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.2 percentage points vs 07-2025highest value 09-2025: < 0.1%▼ -0.3 percentage points vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: 0.1%▲ +0.1 percentage points vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength

Strong

Solvency

93=equity 67.5% of total assets

Liquidity

37=short-term debt 32.5% · cash 0.7%

Profitability

80-7return on assets 1.1%

Score breakdown

raises risk

Liquidity: current ratio 0.38, cash €173,199

lowers risk

Size: turnover €857,279, total assets €25.4m

Founded in 1991

Figures for financial year 2025 (filed on 21-08-2026)

Calculation

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 93, medium-sized). It does better than 87% of them on solvency, 31% on liquidity, 81% on profitability and 38% on growth.

The bankruptcy probability was computed on 05-11-2026 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).

Credit verdict

Credit of up to €85,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.38 (0.45 in 2024), below 1. Short-term debt is 32.5% and cash 0.7% of total assets. 32.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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.

Signals

Six signals.

lowers riskraises risk

Liquidity: current ratio 0.38, cash €173,199

NBB · annual accounts

Size: turnover €857,279, total assets €25.4m

Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.

NBB · annual accounts

Founded in 1991

Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.

KBO

Figures for financial year 2025 (filed on 21-08-2026)

NBB · annual accounts

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €17.2m

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 · 10 filings

Deviation from the deadline

2025

18 days late

2024

on the day

2023

30 days late

2022

4 days early

2021

10 days early

2020

31 days late

2019

15 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 7 days after the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 5 accounts filed within 30 days either side of that date).

Companies Code · seven months

Where today falls in the filing period

06-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Board and ownership

Béatrice Taevernier

Director, since 01-10-2016

Director

Director

Director

Director

Shares in 7 companies, including COURONNE AVENUE and IMMO EDISON

Board & ownership

Recent changes

21-10-2026

3 directors reappointed Pauline Riga, Mathilde Riga and Michaël Riga · General meeting of 08-06-2026 · Gazette deed

01-10-2025

Reappointment: Jean-Louis WAUCQUEZ (director) General meeting of 02-06-2025 · Gazette deed

18-11-2024

Registered in the Peppol Directory Reachable for e-invoices through 0208:0446068158

06-09-2024

Reappointment: Pierre RIGA (admnistrateur délégué) General meeting of 17-06-2024 · Gazette deed

All 52 events

Comparable companies

same main activity, similar in size and age

Company	Turnover	EBIT margin	Solvency	Staff
SOGEFIMO Uccle	€0.9m	45.4%	67.5%	-
BERVANCO Ostend	-	-	50.1%	-
MONS.EXPO Mons	€0.4m	-	40.6%	-
DEBRA - IMMO Tielt	€0.3m	72.9%	64.7%	0.8
Autonoom gemeentebedrijf Sport, Cultuur en Ontspanning Ronse Ronse	€2.6m	8.0%	1.9%	0.4
tapeservice Tubize	-	-	27.1%	11.3
CLINICLOWNS BELGIE - CLINICLOWNS BELGIQUE - BELGISCHE CLINICLOWNS Antwerp	-	-	97.7%	3.7

Grey: the largest companies of the sector (sports and recreation (NACE 93)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as SOGEFIMO: other amusement and recreation activities (NACE 93299). They are comparable in size and age: total assets between €6.4m and €24m, founded between 1991 and 2006.

Official details

Source: KBO

Status: Active since 17-12-1991Normal situation
Activity: Other amusement and recreation activitiesNACE 93299and 2 others
Establishment unit: 2.056.223.5191180 Uccle, since 31-05-2000
Financial year end: 31 December
Peppol: Reachable since 18-11-2024

Company details

Annual accounts 2025

Turnover: €857,279▼ 13.1%
Profit: €282,677▼ 88.5%
Equity: €17.2m▲ 1.7%
Total assets: €25.4m▲ 1.8%
Filing: Filed on 18-08-2026

Financials

Companies linked to SOGEFIMO

Subsidiaries and holdings

Insights on SOGEFIMO

SOGEFIMO has existed since 1991. In 2010 turnover rose from €208,166 to €836,463.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 18-08-2026, 18 days late

Turnover

€857,279

▼ 13.1%

Operating result

€389,047

▼ 28.5%

EBITDA

€515,778

▼ 27.2%

Cash flow

€409,408

▼ 84.4%

Solvency

67.5%

▼ 0.1 percentage points

Current ratio

0.38

▼ 0.07

In the rankings #2 company by total assets in Uccle, Arts, sports and recreation sector #2 company by equity in Uccle, Arts, sports and recreation sector

Money flows

of every €100 of turnover, €32.97 remains as profit in 2025

Balance sheet

balance sheet total €25.4m on 31-12-2025

What the company ownsHow it is paid for

Change in equityin €m

Change in cashin €m

Position in the sector

Compare with sector

Solvency67.5%

Higher than 78% of 516 companies in 2025.

Current ratio0.38

Higher than 14% of 506 companies in 2025.

Return on assets1.1%

Higher than 54% of 511 companies in 2025.

SOGEFIMO Middle half of the sector 80% of the sector Full accounts in sports and recreation (NACE 93)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	25.4m	25.0m	24.4m	23.4m	21.2m	20.4m	19.7m	19.9m	19.7m	19.9m	13.5m	13.5m	12.2m	11.7m	11.8m	12.2m	12.5m	12.7m	13.5m	10.5m
Fixed assets`21/28`	22.3m	21.3m	21.5m	21.7m	20.9m	20.1m	19.2m	19.4m	19.7m	19.9m	13.2m	13.4m	12.1m	11.6m	11.7m	11.8m	11.1m	11.2m	11.4m	7.3m
Intangible fixed assets`21`	5,777	7,319	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tangible fixed assets`22/27`	1.9m	2.0m	2.1m	4.1m	4.3m	4.5m	4.8m	5.0m	5.2m	5.4m	5.6m	5.8m	4.5m	4.0m	4.0m	4.2m	3.4m	3.6m	3.8m	3.9m
Land and buildings`22`	1.8m	1.9m	2.1m	4.1m	4.3m	4.5m	4.7m	4.9m	5.1m	5.4m	5.6m	5.8m	4.4m	3.9m	4.0m	4.2m	3.4m	3.6m	3.7m	3.9m
Plant, machinery and equipment`23`	-	-	-	-	-	-	-	-	122	293	465	636	199	-	-	-	-	-	-	-
Furniture and vehicles`24`	55,339	45,310	56,309	5,109	4,265	8,194	12,434	21,403	30,785	11,953	14,971	18,458	33,989	31,002	38,131	3,093	4,693	18,999	33,462	41,112
Financial fixed assets`28`	20.4m	19.4m	19.4m	17.6m	16.6m	15.6m	14.5m	14.5m	14.5m	14.5m	7.7m	7.7m	7.7m	7.7m	7.7m	7.7m	7.7m	7.7m	7.7m	3.3m
Current assets`29/58`	3.2m	3.6m	2.9m	1.8m	322,113	262,838	464,119	510,852	41,329	46,336	256,327	39,308	49,974	62,713	148,638	382,884	1.5m	1.5m	2.1m	3.2m
Stocks and contracts in progress`3`	201,401	201,401	201,401	201,401	201,401	201,401	201,401	172,401	-	-	-	-	-	-	-	-	-	-	-	-
Stocks`30/36`	201,401	201,401	201,401	201,401	201,401	201,401	201,401	172,401	-	-	-	-	-	-	-	-	-	-	-	-
Amounts receivable within one year`40/41`	2.8m	3.3m	2.6m	270,679	3,064	38,620	205,055	265,823	11,732	-	248,013	86	36	148	2,572	32,126	2,156	11,413	14,587	47,161
Trade receivables`40`	150,000	9,500	7,644	19,949	2,864	6,390	12,825	4,593	11,732	-	-	-	-	-	-	-	-	-	-	-
Other amounts receivable`41`	2.6m	3.3m	2.6m	250,730	200	32,230	192,230	261,230	-	-	248,013	86	36	148	2,572	32,126	2,156	11,413	14,587	47,161
Current investments`50/53`	492	492	493	493	493	493	493	493	493	493	493	-	-	-	-	179,430	109,850	1.3m	544,353	151,161
Cash at bank and in hand`54/58`	173,199	113,763	50,993	1.3m	115,957	21,906	56,608	71,421	28,818	45,155	7,725	39,222	49,938	62,565	145,951	169,786	1.4m	174,473	1.5m	3.0m
Deferred charges and accrued income`490/1`	12,415	1,386	17,532	2,154	1,198	418	562	714	286	688	96	-	-	-	115	1,542	3,324	35,619	13,217	22,290
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	25.4m	25.0m	24.4m	23.4m	21.2m	20.4m	19.7m	19.9m	19.7m	19.9m	13.5m	13.5m	12.2m	11.7m	11.8m	12.2m	12.5m	12.7m	13.5m	10.5m
Equity`10/15`	17.2m	16.9m	14.4m	14.1m	14.1m	13.9m	14.0m	13.9m	10.0m	10.1m	6.2m	8.7m	8.6m	8.6m	8.5m	8.2m	7.6m	7.7m	8.3m	8.3m
Contributions`10/11`	4.0m	4.0m	4.0m	4.0m	4.0m	4.0m	4.0m	4.0m	4.0m	4.0m	100,000	3.0m	3.0m	3.0m	3.0m	3.0m	3.0m	3.0m	3.0m	3.0m
Capital`10`	4.0m	4.0m	4.0m	4.0m	4.0m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	4.0m	4.0m	4.0m	4.0m	4.0m	4.0m	4.0m	4.0m	4.0m	4.0m	100,000	3.0m	3.0m	3.0m	3.0m	3.0m	3.0m	3.0m	3.0m	3.0m
Reserves`13`	400,000	400,000	400,000	400,000	400,000	400,000	400,000	400,000	302,055	302,055	300,055	300,055	300,055	300,055	300,055	300,055	300,055	300,055	300,055	300,055
Non-distributable reserves`130/1`	400,000	400,000	400,000	400,000	400,000	400,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	400,000	400,000	400,000	400,000	400,000	400,000	400,000	400,000	302,055	302,055	300,055	300,055	300,055	300,055	300,055	300,055	300,055	300,055	300,055	300,055
Profit (loss) carried forward`14`	12.8m	12.5m	10.0m	9.7m	9.7m	9.5m	9.7m	9.5m	5.7m	5.8m	5.8m	5.4m	5.3m	5.3m	5.2m	4.9m	4.3m	4.4m	5.0m	5.0m
Amounts payable`17/49`	8.3m	8.1m	9.9m	9.4m	7.1m	6.4m	5.6m	6.0m	9.7m	9.8m	7.3m	4.8m	3.6m	3.1m	3.3m	4.1m	4.9m	5.0m	5.2m	2.2m
Amounts payable after more than one year`17`	-	-	-	110,833	180,834	250,834	290,420	415,466	540,512	665,558	790,604	909,819	334,862	389,908	440,367	495,413	-	-	-	-
Financial debts`170/4`	-	-	-	110,833	180,834	250,834	290,420	415,466	540,512	665,558	790,604	909,819	334,862	389,908	440,367	495,413	-	-	-	-
Amounts payable within one year`42/48`	8.3m	8.1m	9.9m	9.2m	6.9m	6.2m	5.3m	5.6m	9.2m	9.1m	6.5m	3.9m	3.2m	2.7m	2.8m	3.6m	4.9m	5.0m	5.2m	2.2m
Current portion of amounts payable after more than one year`42`	-	-	-	70,000	70,000	102,110	125,046	125,046	125,046	125,046	125,046	125,043	55,046	55,046	59,633	4,587	-	-	-	-
Financial debts`43`	-	-	-	-	1.7m	1.5m	300,000	-	-	-	-	-	350,000	-	-	-	-	-	-	-
Credit institutions`430/8`	-	-	-	-	1.7m	1.5m	300,000	-	-	-	-	-	350,000	-	-	-	-	-	-	-
Trade debts`44`	46,147	14,512	9,114	26,995	23,754	3,449	45,446	30,456	41,714	31,849	5,641	3,899	28,407	45,750	291	1,904	3,986	24,472	3,764	5,905
Suppliers`440/4`	46,147	14,512	9,114	26,995	23,754	3,449	45,446	30,456	41,714	31,849	5,641	3,899	28,407	45,750	291	1,904	3,986	24,472	3,764	5,905
Taxes, remuneration and social security`45`	7,355	574	5,439	418	37,842	988	8,142	1,145	265	19,238	59,862	-	-	-	-	6,564	7,402	7,645	11,269	10,276
Taxes`450/3`	7,355	574	5,439	418	37,842	988	8,142	1,145	265	19,238	59,862	-	-	-	-	6,564	7,402	7,645	11,269	10,276
Other amounts payable`47/48`	8.2m	8.1m	9.9m	9.1m	5.1m	4.6m	4.9m	5.4m	9.0m	8.9m	6.3m	3.8m	2.8m	2.6m	2.8m	3.5m	4.9m	5.0m	5.2m	2.2m
Accrued charges and deferred income`492/3`	-	184	67	6,518	388	645	785	-	-	1,623	1,902	966	1,124	1,284	1,443	-	-	-	-	-
Income statement
Turnover`70`	857,279	986,600	757,326	516,085	572,019	295,682	347,663	324,076	315,969	434,435	562,664	697,209	400,051	350,714	756,960	836,463	208,166	308,297	122,719	67,699
Non-recurring operating income`76A`	-	-	2,000	-	-	-	-	-	-	-	-	114	997	-	27,117	18,900	16,166	12,033	71,348	409,921
Gross operating margin`9900`	560,882	723,678	565,466	226,275	392,337	160,875	190,450	165,159	153,924	318,969	481,442	598,209	269,859	253,130	668,103	772,315	133,268	217,698	70,491	20,430
Goods, raw materials, services and sundry goods`60/61`	296,396	262,922	191,860	289,810	179,682	134,807	157,213	158,918	162,045	115,466	81,222	99,000	138,191	97,584	88,856	64,148	74,898	90,599	52,228	47,269
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	126,731	164,694	181,957	214,214	229,258	229,797	232,986	222,734	225,305	219,855	227,824	279,527	200,907	190,790	186,017	222,277	172,061	172,217	172,913	305,961
Other operating charges`640/8`	-	14,993	36,914	49,090	38,071	39,670	40,362	36,885	41,732	28,581	10,456	242,765	15,063	16,346	7,856	7,728	6,188	5,993	5,450	5,334
Non-recurring operating charges`66A`	45,104	-	-	-	-	-	-	-	-	-	-	-	-	-	88,984	-	676,368	-	-	33,305
Operating profit (loss)`9901`	389,047	543,991	346,595	-37,029	125,008	-108,592	-82,898	-94,460	-113,113	70,533	243,162	75,917	53,889	45,994	474,230	542,310	-44,981	39,488	-107,872	-290,865
Financial income`75/76B`	61,083	2.0m	58,325	1,088	89,282	569	240,000	4.0m	-	-	400,774	1,454	2,674	1,531	2,172	16,328	26,164	102,369	88,480	47,210
Recurring financial income`75`	61,083	2.0m	58,325	1,088	89,282	569	240,000	4.0m	-	-	400,774	1,454	2,674	1,531	2,172	16,328	26,164	102,369	88,480	47,210
Financial charges`65/66B`	2,398	17,254	52,157	12,498	20,252	15,236	13,726	15,543	16,523	21,071	202,754	18,303	19,803	16,229	23,475	45,022	-625,587	761,766	76,920	92,376
Recurring financial charges`65`	2,398	17,254	52,157	12,498	20,252	15,236	13,726	15,543	16,523	21,071	202,754	18,303	19,803	16,229	23,475	45,022	-625,587	761,766	76,920	92,376
Profit (loss) for the period before taxes`9903`	447,732	2.6m	352,763	-48,439	194,038	-123,259	143,376	3.9m	-129,636	49,462	441,182	59,182	37,757	31,296	391,060	532,516	-53,432	-607,876	-24,964	40,585
Income taxes`67/77`	165,055	120,273	5,415	418	-	-	-	-	-22	17,649	15,211	-	-	-	-	-	-	-	-	-
Profit (loss) for the period`9904`	282,677	2.5m	347,348	-48,857	194,038	-123,259	143,376	3.9m	-129,614	31,813	425,971	59,182	37,757	31,296	391,060	532,516	-53,432	-607,876	-24,964	40,585
Profit (loss) for the period to be appropriated`9905`	282,677	2.5m	347,348	-48,857	194,038	-123,259	143,376	3.9m	-129,614	31,813	425,971	59,182	37,757	31,296	391,060	532,516	-53,432	-607,876	-24,964	40,585
Appropriation of the result
Profit (loss) to be appropriated`9906`	12.8m	12.5m	10.0m	9.7m	9.7m	9.5m	9.7m	9.6m	5.7m	5.8m	5.8m	5.4m	5.3m	5.3m	5.2m	4.9m	4.3m	4.4m	5.0m	5.0m
Profit (loss) brought forward from the previous period`14P`	12.5m	10.0m	9.7m	9.7m	9.5m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	-	-	-	-	-	97,945	-	2,000	-	-	-	-	-	-	-	-	-	-
To the legal reserve`6920`	-	-	-	-	-	-	-	97,945	-	2,000	-	-	-	-	-	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 14 older financial years (1992-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 11 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 18-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 18 days after the deadline. Filed on 18 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00411076.

Financial year	Type	Filed	Reference	Document
31-12-2025	full format	18-08-2026	2026-00411076	PDF
31-12-2024	full format	31-07-2025	2025-00350451	PDF
31-12-2023	full format	30-08-2024	2024-00442617	PDF
31-12-2022	full format	27-07-2023	2023-00277039	PDF
31-12-2021	full format	21-07-2022	2022-20225057	PDF
31-12-2020	full format	31-08-2021	2021-65100332	PDF
31-12-2019	full format	16-07-2020	2020-32100434	PDF
31-12-2018	full format	02-07-2019	2019-27000070	PDF
31-12-2017	full format	25-07-2018	2018-39400017	PDF
31-12-2016	full format	03-08-2017	2017-40900566	PDF
31-12-2015	full format	25-07-2016	2016-35100109	PDF
31-12-2014	full format	30-07-2015	2015-36700557	PDF
31-12-2013	full format	09-09-2014	2014-58300364	PDF
31-12-2012	full format	17-07-2013	2013-32600120	PDF
31-12-2011	full format	16-07-2012	2012-30500205	PDF
31-12-2010	full format	28-06-2011	2011-22300578	PDF
31-12-2009	full format	02-06-2010	2010-16200465	PDF
31-12-2008	full format	23-06-2009	2009-27600186	PDF
31-12-2007	full format	18-06-2008	2008-24400162	PDF
31-12-2006	full format	26-06-2007	2007-27500244	PDF
31-12-2005	full format	21-06-2006	2006-28504290	PDF
31-12-2004	full format	17-06-2005	2005-27801427	PDF
31-12-2003	full format	22-06-2004	2004-28504871	PDF
31-12-2002	full format	07-07-2003	2003-40004765	PDF
31-12-2001	full format	26-06-2002	2002-28104640	PDF
31-12-2000	full format	12-06-2001	2001-20301089	PDF
31-12-1999	full format	07-07-2000	2000-38601280	PDF
31-12-1998	full format	05-07-1999	1999-30104945	PDF
31-12-1997	full format	25-06-1998	1998-22703347	PDF
31-12-1996	full format	20-06-1997	1997-19200799	PDF
31-12-1995	full format	28-06-1996	1996-29004384	PDF
31-12-1994	full format	29-06-1995	1995-31303412	PDF
31-12-1993	full format	28-06-1994	1994-20604676	PDF
31-12-1992	full format	15-07-1993	1993-26800208	PDF

Key figures and ratios

per financial year, computed from the annual accounts

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	515,778	708,685	528,552	177,185	354,266	121,205	150,088	128,274	112,192	290,388	470,986	355,444	254,796	236,784	660,247	764,587	127,080	211,705	65,041	15,096
Cash flow	409,408	2.6m	529,305	165,357	423,296	106,538	376,362	4.1m	95,691	251,668	653,795	338,709	238,664	222,086	577,077	754,793	118,629	-435,659	147,949	346,546
Investment in fixed assets (approximation)	2.1m	34,822	6.3m	1.0m	1.0m	1.1m	32,793	-30,005	30,735	13.2m	23,883	1.6m	692,675	139,220	46,496	925,216	0	0	4.3m	7,772
Change in cash	59,436	62,770	-1.2m	1.2m	94,051	-34,702	-14,813	42,603	-16,337	37,430	-31,497	-10,716	-12,627	-83,386	-23,835	-1.2m	1.2m	-1.3m	-1.5m	-
Working capital	-5.1m	-4.5m	-7.1m	-7.5m	-6.6m	-5.9m	-4.9m	-5.1m	-9.1m	-9.1m	-6.2m	-3.9m	-3.2m	-2.7m	-2.7m	-3.2m	-3.5m	-3.6m	-3.1m	1.0m
EBIT margin	45.4%	55.1%	45.8%	-7.2%	21.9%	-36.7%	-23.8%	-29.1%	-35.8%	16.2%	43.2%	10.9%	13.5%	13.1%	62.6%	64.8%	-21.6%	12.8%	-87.9%	-
Solvency	67.5%	67.6%	59.2%	60.0%	66.6%	68.4%	71.4%	69.8%	50.7%	50.9%	45.9%	64.3%	70.7%	73.3%	72.2%	66.8%	60.7%	60.3%	61.4%	79.1%
Current ratio	0.38	0.45	0.29	0.19	0.05	0.04	0.09	0.09	0.00	0.01	0.04	0.01	0.02	0.02	0.05	0.11	0.30	0.29	0.40	1.47
Quick ratio	0.36	0.42	0.27	0.17	0.02	0.01	0.05	0.06	0.00	0.01	0.04	0.01	0.02	0.02	0.05	0.11	0.30	0.29	0.40	1.47
Debt to equity	0.48	0.48	0.69	0.67	0.50	0.46	0.40	0.43	0.97	0.97	1.18	0.55	0.41	0.36	0.38	0.50	0.65	0.66	0.63	0.26
ROE	1.6%	14.6%	2.4%	-0.3%	1.4%	-0.9%	1.0%	28.1%	-1.3%	0.3%	6.9%	0.7%	0.4%	0.4%	4.6%	6.5%	-0.7%	-7.9%	-0.3%	0.5%
ROA	1.1%	9.8%	1.4%	-0.2%	0.9%	-0.6%	0.7%	19.6%	-0.7%	0.2%	3.2%	0.4%	0.3%	0.3%	3.3%	4.4%	-0.4%	-4.8%	-0.2%	0.4%
Interest coverage	over 100	41.07	10.13	14.18	17.49	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer credit	64 days	4 days	4 days	14 days	2 days	8 days	13 days	5 days	14 days	-	161 days	0 days	0 days	0 days	1 day	14 days	4 days	14 days	43 days	254 days
Supplier credit	57 days	20 days	17 days	34 days	48 days	9 days	106 days	70 days	94 days	101 days	25 days	14 days	75 days	171 days	1 day	11 days	19 days	99 days	26 days	46 days

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.

Securities and guarantees

on own assets and for others

Item	2025	2024	2023	2022	2021
Debts secured on the company's own assets	-	-	-	€180,833	€250,834
Mortgages, amount registered	-	-	-	€1.2m	€1.2m
Carrying value of the mortgaged assets	-	-	-	€1.9m	€1.9m

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€26,851	€27,110	€72,325	€33,427	€2,500
Intangible fixed assets	-	€7,712	-	-	-
Financial fixed assets	€2.0m	-	€6.2m	€990,216	€1.0m
Depreciation and write-downs of the year	€126,731	€164,694	€181,957	€214,214	€229,258

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on SOGEFIMO

The operating result for 2025 is 28% lower than in 2024.

Debt's share of the balance-sheet total rises from 32.4% to 32.5%. Equity and debt are higher.

Large changes and their cause

2024 Net result +607% on 2023. Contribution of a branch of activity to LA FINANCIERE WAVRIENNE, effective 02-11-2023, in the previous financial year. That operation now counts for a full year for the first time.

Board & ownership

Board

5 directors, 1 in day-to-day management, last change in 2025

Béatrice Taevernier

Director

since 01-10-2016 6-year term from 2022

listed in the 2025 annual accounts, filed on 18-08-2026

Mathilde Riga

Director

appointed by deed of 07-05-2021 6-year term from 2026

Michaël Riga

Director

appointed by deed of 07-05-2021 6-year term from 2026

Pauline Riga

Director

appointed by deed of 07-05-2021 6-year term from 2026

Jean-Louis WAUCQUEZ

Director

in office according to the deed of 01-10-2025 6-year term from 2025

Pierre RIGA

Admnistrateur délégué

in office according to the deed of 06-09-2024

Day-to-day management: Pierre RIGA

Office holders in the KBO →

Mandates through the years

6 names, the dashed line is today

Béatrice Taevernier
Director

Mathilde Riga
Director

Michaël Riga
Director

Pauline Riga
Director

Jean-Louis WAUCQUEZ
Director

Pierre RIGA
Admnistrateur délégué

LeadershipBoardRest of the term

Mandates as a list

Béatrice Taevernier
- Director, from 01-10-2016 to date
Mathilde Riga
- Director, from 05-06-2019 to date
Michaël Riga
- Director, from 05-06-2019 to date
Pauline Riga
- Director, from 05-06-2019 to date
Jean-Louis WAUCQUEZ
- Director, from 08-06-2021 to date
Pierre RIGA
- Admnistrateur délégué, from 03-05-2018 to date

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Capital: €3,994,559
Shares: 16,135
Contribution per share: €248
Equity per share: €1,063 in 2025
Source: deed of 24-11-2023

Articles of association

deed of 27-10-2023 (in French)

Duration: Unlimited
Board rule: At least 3 directors
At most 8 directors
Annual meeting: First Tuesday of June at 18:00
Liquidation rule: “Liquidation par le conseil d'administration en fonction, assemblée décide s'ils représentent seuls,conjointement ou collégialement”
“Sauf si l'assemblée générale en décide autrement à la majorité des voix, toutes les opérations prévues par la loi”

Network & group

Holdings

own 2025 accounts, the bar shows equity in euros

This companySOGEFIMO7 holdings, 1 country 2025 accounts

Belgium 7 Equity Result

BE COURONNE AVENUE €3.7m result €317,543
BE LA FINANCIERE WAVRIENNE SA €3.4m result €298,919
BE WAVRINVEST SA50%no longer active €2.2m result -€641,786
BE IMMOBIO €1.0m result -€48,527
BE VAJRA SCRL25% €1.0m result €198,648
BE IMMO EDISON €899,498 result €53,043
BE DELIBIO25% €21,024 result €16,393

Source: list of holdings in its own 2025 accounts. Holdings that file themselves stand with their latest accounts, the others with the amounts of that list, in their own currency.

At the same address

Alphonse XIII laan 56, 1180 Uccle · 5 other companies

KULT KEFIR registered office since 06-08-2021 · founded in 2021	total assets €1.1m (2025) 0772.330.925
Emerise registered office since 15-11-2024 · founded in 2024	total assets €17,311 (2025) 1016.284.638
Riga, Pierre (sole trader) establishment since 01-07-2025	founded in 2025 0811.893.562
SOGEFIMO GROUP registered office since 01-02-2021	founded in 2021 0762.919.549
M.P.M. INVESTMENTS registered office since 10-12-2007	founded in 2007 0724.773.211

Holdings and subsidiaries

7 holdings

Share, source and own figures per holding (7)

Source for every holding own accounts 2025

COURONNE AVENUEsubsidiary
Equity €3.7m Profit of €317,543 in 2025 (profit of €291,893 in 2024) Checked score 96

100%+ 0% via subsidiaries
IMMO EDISONsubsidiary
Equity €899,498 Profit of €53,043 in 2025 (profit of €55,438 in 2024) Checked score 86

100%+ 0% via subsidiaries
IMMOBIOsubsidiary
Equity €1.0m Loss of €48,527 in 2025 (loss of €101,952 in 2024) Checked score 83

100%+ 0% via subsidiaries
LA FINANCIERE WAVRIENNEsubsidiary
Equity €3.4m Profit of €298,919 in 2025 (profit of €390,966 in 2024) Checked score 95
Alsodeed 24-11-2023deed 22-04-2024deed 27-11-2023

100%+ 0% via subsidiaries
WAVRINVEST
Equity €2.2mResult -€641,786

50%+ 0% via subsidiaries
DELIBIO
Equity €21,024 Profit of €16,393 in 2025 (loss of €342,131 in 2024) Checked score 67

25%+ 0% via subsidiaries
Vajra
Equity €1.0m Profit of €198,648 in 2025 (loss of €132,732 in 2024) Checked score 85

25%+ 0% via subsidiaries

Holdings through the years 2008 to 2025

Holdings through the years
Name	2008	2016	2020	2022	2023	2024	2025
COURONNE AVENUE 2024 to 2025: 100%						100%
IMMO EDISON 2024: 25% 2025: 100%						25%	100%
IMMOBIO 2023 to 2025: 100%					100%
LA FINANCIERE WAVRIENNE 2008 to 2015: 36% 2016 to 2025: 100%	36%	100%
WAVRINVEST 2016 to 2025: 50%		50%
DELIBIO 2022 to 2025: 25%				25%
Vajra 2020 to 2022: 88.8% 2023 to 2024: 100% 2025: 25%			88.8%		100%		25%

Source: list of holdings in its own accounts

Board mandates elsewhere

3 board mandates

Board mandates of SOGEFIMOSOGEFIMO sits on their board3

Vajra

Director

Founded in 1975 · 26 FTE (2025)

DELIBIO

Director

Founded in 2011 · 28 FTE (2025)

WAVRINVEST

Director

Founded in 2026

Acquisitions and mergers

1 transaction

Contributed a branch of activity to:LA FINANCIERE WAVRIENNE

BE 0447.075.176Gazette deed of 16-07-2024 (4 deeds) · effective 02-11-2023

Connections & network

5 current directors

Depth

The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.

This company Company Director Shareholding +N: links not shown yet

Timeline

52 events since 1991

Board

Capital

Filings

Financial

Establishments

1995200020052010201520202025

Deadline for the 2026 accounts: 31-07-2027

2026

21-10-2026

3 directors reappointedPauline Riga, Mathilde Riga and Michaël Riga · General meeting of 08-06-20264 points ▸

General meeting, 08-06-2026
Director reappointment, Pauline Riga
Director reappointment, Mathilde Riga
Director reappointment, Michaël Riga

Open the deed in the Belgian Official Gazette

18-08-2026

Annual accounts 2025 filed NBBfull format · 18 days late

2025

01-10-2025

Reappointment: Jean-Louis WAUCQUEZ (director)General meeting of 02-06-20252 points ▸

General meeting, 02-06-2025
Director reappointment, Jean-Louis WAUCQUEZ

Open the deed in the Belgian Official Gazette

31-07-2025

Annual accounts 2024 filed PDFfull format · on the deadline day

2024

18-11-2024

Registered in the Peppol Directory Reachable for e-invoices through 0208:0446068158

06-09-2024

Reappointment: Pierre RIGA (admnistrateur délégué)General meeting of 17-06-20242 points ▸

General meeting, 17-06-2024
Director reappointment, Pierre RIGA (admnistrateur délégué)

Open the deed in the Belgian Official Gazette

30-08-2024

Annual accounts 2023 filed PDFfull format · 30 days late

16-07-2024

Transfer: SOGEFIMO transfers a branch of activity to LA FINANCIERE WAVRIENNEGeneral meeting of 21-02-20242 points ▸

General meeting, 21-02-2024
Accounting effect, 01-07-2023
The deed holds 10 more points.

Open the deed in the Belgian Official Gazette

2023

31-12-2023

Back to profit net €347,348 The net result is €347,348, after one loss-making year.

24-11-2023

Transfer proposal: SOGEFIMO transfers a branch of activity to LA FINANCIERE WAVRIENNEThe company holds all the shares of LA FINANCIERE WAVRIENNE · Board meeting of 02-11-20237 points ▸

Board meeting, 02-11-2023
The company holds all the shares of LA FINANCIERE WAVRIENNE
Registered office clause, B-1180 Bruxelles, avenue Alphonse XIII 56
Capital, €3,994,559, 16,135 shares
Capital, €61,500, 21,836 shares
Transfer of a branch of activity or universality, EUR
Accounting effect, 01-07-2023
The deed holds 25 more points.

Open the deed in the Belgian Official Gazette

27-10-2023

Amendment of the articles · Resignations & appointmentsGeneral meeting of 17-08-20234 points ▸

Registered office clause, avenue Alphonse XIII 56, 1180 Uccle
General meeting, 18-07-2023
General meeting, 17-08-2023
Capital, €3,994,559, 16,135 shares
The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

27-07-2023

Annual accounts 2022 filed PDFfull format · 4 days before the deadline

2022

31-08-2022

Reappointment: Béatrice Taevernier (director)General meeting of 07-06-20222 points ▸

General meeting, 07-06-2022
Director reappointment, Béatrice Taevernier

Open the deed in the Belgian Official Gazette

21-07-2022

Annual accounts 2021 filed PDFfull format · 10 days before the deadline

05-04-2022

Reappointment: Jean-Louis WAUCQUEZ (director)1 point ▸

Director reappointment, Jean-Louis WAUCQUEZ
The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2021

31-12-2021

Back to profit net €194,038 The net result is €194,038, after one loss-making year.

31-08-2021

Annual accounts 2020 filed PDFfull format · 31 days late

07-05-2021

3 directors appointedPauline Riga, Mathilde Riga and Michaël Riga · General meeting of 05-06-20194 points ▸

General meeting, 05-06-2019
Director appointment, Pauline Riga
Director appointment, Mathilde Riga
Director appointment, Michaël Riga
The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2020

16-07-2020

Annual accounts 2019 filed PDFfull format · 15 days before the deadline

2019

02-07-2019

Annual accounts 2018 filed PDFfull format · 29 days before the deadline

2018

31-12-2018

Back to profit net €3.9m The net result is €3.9m, after one loss-making year.

25-07-2018

Annual accounts 2017 filed PDFfull format · 6 days before the deadline

2017

03-08-2017

Annual accounts 2016 filed PDFfull format · 3 days late

2016

31-12-2016

Equity above €10m equity €10.1m ▲63.4% After 7 profitable years in a row, equity reaches €10.1m.

25-07-2016

Annual accounts 2015 filed PDFfull format · 6 days before the deadline

2015

30-07-2015

Annual accounts 2014 filed PDFfull format · 1 day before the deadline

2014

09-09-2014

Annual accounts 2013 filed PDFfull format · 40 days late

2013

17-07-2013

Annual accounts 2012 filed PDFfull format · 14 days before the deadline

2012

16-07-2012

Annual accounts 2011 filed PDFfull format · 15 days before the deadline

2011

28-06-2011

Annual accounts 2010 filed PDFfull format · 33 days before the deadline

2010

31-12-2010

Back to profit net €532,516 The net result is €532,516, after 3 loss-making years.

02-06-2010

Annual accounts 2009 filed PDFfull format · 59 days before the deadline

2009

23-06-2009

Annual accounts 2008 filed PDFfull format · 38 days before the deadline

2008

31-12-2008

Weakest financial year net -€607,876 The net result drops to -€607,876, the lowest from 2006 to 2025. It recovers the following year.

18-06-2008

Annual accounts 2007 filed PDFfull format · 43 days before the deadline

2007

26-06-2007

Annual accounts 2006 filed PDFfull format · 35 days before the deadline

2006

21-06-2006

Annual accounts 2005 filed PDFfull format

2005

17-06-2005

Annual accounts 2004 filed PDFfull format

2004

22-06-2004

Annual accounts 2003 filed PDFfull format

2003

07-07-2003

Annual accounts 2002 filed PDFfull format

2002

26-06-2002

Annual accounts 2001 filed PDFfull format

2001

12-06-2001

Annual accounts 2000 filed PDFfull format

2000

07-07-2000

Annual accounts 1999 filed PDFfull format

31-05-2000

First establishment Alphonse XIII laan 56, Uccle

1999

05-07-1999

Annual accounts 1998 filed PDFfull format

1998

25-06-1998

Annual accounts 1997 filed PDFfull format

1997

20-06-1997

Annual accounts 1996 filed PDFfull format

1996

28-06-1996

Annual accounts 1995 filed PDFfull format

1995

29-06-1995

Annual accounts 1994 filed PDFfull format

1994

28-06-1994

Annual accounts 1993 filed PDFfull format

1993

15-07-1993

Annual accounts 1992 filed PDFfull format

1991

17-12-1991

Incorporation published on 08-01-1992

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

On 17 December 1991, SOGEFIMO was incorporated.¹ Turnover went from €757,326 in 2023 to €857,279 in 2025.²

Company details

Identity

Enterprise number: 0446.068.158
VAT number: BE 0446.068.158
Peppol ID: 0208:0446068158
Other Peppol ID: 9925:BE0446068158
Legal form: Public limited company
Status: Active, normal situation
Founded: 17-12-1991
Financial year: ends on 31 December
Annual meeting: First Tuesday of June at 18:00
deed of 27-10-2023 (in French)
Peppol: Reachable since 18-11-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
Name: SOGEFIMO in French
Entity type: Legal entity
Duration: Unlimited
deed of 27-10-2023 (in French)
Registered office clause: “Région de Bruxelles-Capitale”
deed of 27-10-2023 (in French)

Activities

NACEBEL 2025

93299 Other amusement and recreation activities main activity

82300 Organisation of conventions and trade shows

90120 Visual arts creation

Codes under NACEBEL 2008

93299 Other amusement and recreation activities main activity

82300 Organisation of conventions and trade shows

90032 Arts creation and performing arts activities

Purpose: “L'exploitation directe ou en qualité d'intermédiaire, de toutes activités d'investissement en matière financière; de gestion, de…”
7 activities
L'exploitation directe ou en qualité d'intermédiaire, de toutes activités d'investissement en matière financière; de gestion, de construction ou de promotion en matière immobilière, y compris la gestion et l'exploitation forestière, ainsi que la location mobilière ou immobilière
Toute activité de conseil et d'assistance liée au domaine artistique
Participer directement ou indirectement à l'organisation d'activités ou d'événements à caractère artistique
L'acquisition et la vente, la conservation, l'exposition et la présentation de tout objet lié au marché de l'art dans le sens le plus large du terme
Percevoir des commissions d'intermédiaires lors de transactions relatives à ces objets tels que décrits ci-dessus
Exercer toutes activités en rapport avec la prise de participations dans toutes sociétés belges et/ou étrangères
S'intéresser par voie de souscription, d'apports en numéraires ou en nature, d'absorption, d'accord, de collaboration, d'entente, de traité d'union ou de convention de fusion ou de toute autre manière, dans toutes entreprises ou institutions ayant un objet similaire ou connexe au sien
deed of 24-11-2023 (in French)

Registered office and establishments

1 establishment

Establishment	Since	Unit number
Alphonse XIII laan 56 registered office 1180 Uccle	31-05-2000	2.056.223.519

Buildings and parcels at the address

Ground area: 1,948 m²
Buildings: 222 m²
Volume, LiDAR: 1,995 m³
Tallest building: 13.9 m

Buildings to scale, each on its own parcel

registered office establishment The establishment unit on the map

6 companies at this address See who is registered here

Parcels

Cadastral parcel	Area	Buildings	Height / floors
21612D0327/00E039	1,948 m²	1 · 222 m²	13.9 m · 3

Overview

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Annual accounts 2025

Companies linked to SOGEFIMO

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Annual accounts 2025

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Change in equityin €m

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Position in the sector

Solvency67.5%

Current ratio0.38

Return on assets1.1%

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Belgium 7 Equity Result

At the same address

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Holdings 7

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Registered office and establishments

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