SOGENCO
ActiveSummary
SOGENCO has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €248. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 60% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability39▼-14
Solvency81▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 2.27 against 1.94 in 2024; short-term debt: 44.1% and cash: 54.1% of total assets), and 44.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
55.9%
Return on assets
0.6%
Age of the figures
18 mo
lowers risk · 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 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €22k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
3 d early
2021
3 d late
2020
17 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€22k▲ 1.1%
2024 · €22k
2019: €-43klowest in 7 years
2020: €-43k● -0.0% vs 2019lowest in 7 years
2021: €-23k▲ +46.8% vs 2020
2022: €15k▲ +164% vs 2021
2023: €19k▲ +29.5% vs 2022
2024: €22k▲ +14.7% vs 2023
2025: €22k▲ +1.1% vs 2024highest in 7 years
2019 → 2025
Total assets
€39k▼ 12.1%
2024 · €45k
2019: €76k
2020: €76k● 0.0% vs 2019
2021: €93k▲ +23.3% vs 2020highest in 7 years
2022: €28k▼ -70.0% vs 2021lowest in 7 years
2023: €38k▲ +36.7% vs 2022
2024: €45k▲ +16.6% vs 2023
2025: €39k▼ -12.1% vs 2024
2019 → 2025
Net result
€248▼ 91.1%
2024 · €3k
2019: €5k
2020: €20k▲ +329% vs 2019
2021: €30k▲ +48.9% vs 2020highest in 7 years
2022: €8k▼ -74.9% vs 2021
2023: €4k▼ -42.8% vs 2022
2024: €3k▼ -35.5% vs 2023
2025: €248▼ -91.1% vs 2024lowest in 7 years
2019 → 2025
Working capital
€22k▲ 1.1%
2024 · €22k
2019: €-43klowest in 7 years
2020: €-43k● -0.0% vs 2019lowest in 7 years
2021: €7k▲ +116% vs 2020
2022: €15k▲ +107% vs 2021
2023: €19k▲ +29.5% vs 2022
2024: €22k▲ +14.7% vs 2023
2025: €22k▲ +1.1% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-23k-€15k€19k▲ 29.5%€22k▲ 14.7%€22k▲ 1.1%
2021: €-23klowest in 5 years
2022: €15k▲ +164% vs 2021
2023: €19k▲ +29.5% vs 2022
2024: €22k▲ +14.7% vs 2023
2025: €22k▲ +1.1% vs 2024highest in 5 years
Operating result€30k-€8k▼ 74.6%€6k▼ 27.2%€4k▼ 29.3%€527▼ 86.6%
2021: €30khighest in 5 years
2022: €8k▼ -74.6% vs 2021
2023: €6k▼ -27.2% vs 2022
2024: €4k▼ -29.3% vs 2023
2025: €527▼ -86.6% vs 2024lowest in 5 years
Net result€30k-€8k▼ 74.9%€4k▼ 42.8%€3k▼ 35.5%€248▼ 91.1%
2021: €30khighest in 5 years
2022: €8k▼ -74.9% vs 2021
2023: €4k▼ -42.8% vs 2022
2024: €3k▼ -35.5% vs 2023
2025: €248▼ -91.1% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 87% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €39k
Equity
€22k ▲ 1.1%
Debt
€17k ▼ 24.6%
Debt's share of the balance-sheet total falls from 51.4% to 44.1%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
2.27▲
2024 · 1.94
Quick ratio
2.18▲
2024 · 1.94
Debt to equity
0.79▼
2024 · 1.06
ROE
1.1%▼
2024 · 12.8%
ROA
0.6%▼
2024 · 6.2%
Debt ≤ 1 year
€17k▼
2024 · €23k
Income taxes
€159▼
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet
Code20242025
Assets
Total assets20/58€45k€39k▼
Current assets29/58€45k€39k▼
Stocks and contracts in progress3-€2k
Contracts in progress37-€2k
Amounts receivable within one year40/41€14k€16k▲
Trade receivables40€9k€12k▲
Other amounts receivable41€5k€5k▲
Cash at bank and in hand54/58€31k€21k▼
Equity and liabilities
Total equity and liabilities10/49€45k€39k▼
Equity10/15€22k€22k▲
Contributions10/11€19k€19k=
Reserves13€941€941=
Non-distributable reserves130/1€941€941=
Reserves not available under the articles1311€941€941=
Profit (loss) carried forward14€2k€2k▲
Amounts payable17/49€23k€17k▼
Amounts payable within one year42/48€23k€17k▼
Trade debts44€9k€9k▲
Suppliers440/4€9k€9k▲
Taxes, remuneration and social security45€1k€159▼
Taxes450/3€1k€159▼
Other amounts payable47/48€13k€8k▼
Income statement
Code20242025
Other operating charges640/8€694€387▼
Gross operating margin9900€5k€914▼
Operating profit (loss)9901€4k€527▼
Financial charges65/66B€119€119=
Recurring financial charges65€119€119=
Profit (loss) for the period before taxes9903€4k€408▼
Income taxes67/77€1k€159▼
Profit (loss) for the period9904€3k€248▼
Profit (loss) for the period to be appropriated9905€3k€248▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€2k▲
Profit (loss) brought forward from the previous period14P€-654€2k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0 | - | - | - | - | - |
| Other operating charges640/8 | - | €341 | €410 | €694 | €387 | ▼ 44.2% |
| Gross operating margin9900 | €30k | €8k | €6k | €5k | €914 | ▼ 80.2% |
| Operating profit (loss)9901 | €30k | €8k | €6k | €4k | €527 | ▼ 86.6% |
| Recurring financial income75 | €10 | - | - | - | - | - |
| Financial charges65/66B | - | €93 | €123 | €119 | €119 | = |
| Recurring financial charges65 | €53 | €93 | €123 | €119 | €119 | = |
| Profit (loss) for the period before taxes9903 | €30k | €8k | €5k | €4k | €408 | ▼ 89.3% |
| Income taxes67/77 | €0 | - | €1k | €1k | €159 | ▼ 84.5% |
| Profit (loss) for the period9904 | €30k | €8k | €4k | €3k | €248 | ▼ 91.1% |
| Profit (loss) for the period to be appropriated9905 | €30k | €8k | €4k | €3k | €248 | ▼ 91.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €93k | €28k | €38k | €45k | €39k | ▼ 12.1% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Financial fixed assets28 | €0 | - | - | - | - | - |
| Current assets29/58 | €93k | €28k | €38k | €45k | €39k | ▼ 12.1% |
| Stocks and contracts in progress3 | €0 | - | - | - | €2k | - |
| Contracts in progress37 | - | - | - | - | €2k | - |
| Amounts receivable within one year40/41 | €89k | €22k | €22k | €14k | €16k | ▲ 19.3% |
| Trade receivables40 | - | €15k | €13k | €9k | €12k | ▲ 27.8% |
| Other amounts receivable41 | - | €7k | €9k | €5k | €5k | ▲ 3.6% |
| Current investments50/53 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €5k | €6k | €17k | €31k | €21k | ▼ 31.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €93k | €28k | €38k | €45k | €39k | ▼ 12.1% |
| Equity10/15 | €-23k | €15k | €19k | €22k | €22k | ▲ 1.1% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €941 | €941 | €941 | €941 | €941 | = |
| Non-distributable reserves130/1 | - | €941 | €941 | €941 | €941 | = |
| Reserves not available under the articles1311 | - | €941 | €941 | €941 | €941 | = |
| Profit (loss) carried forward14 | €-42k | €-5k | €-654 | €2k | €2k | ▲ 11.7% |
| Amounts payable17/49 | €86k | €13k | €19k | €23k | €17k | ▼ 24.6% |
| Amounts payable within one year42/48 | €86k | €13k | €19k | €23k | €17k | ▼ 24.6% |
| Trade debts44 | €3k | - | €5k | €9k | €9k | ▲ 2.6% |
| Suppliers440/4 | - | - | €5k | €9k | €9k | ▲ 2.6% |
| Taxes, remuneration and social security45 | - | - | €1k | €1k | €159 | ▼ 84.5% |
| Taxes450/3 | - | - | €1k | €1k | €159 | ▼ 84.5% |
| Other amounts payable47/48 | - | €13k | €13k | €13k | €8k | ▼ 38.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30k | €8k | €4k | €3k | €248 | ▼ 91.1% |
| + Depreciation and write-downs630 | €0 | - | - | - | - | - |
| Operating cash flow (approximation) | €30k | €8k | €4k | €3k | €248 | ▼ 91.1% |
| Change in cash | - | €2k | €10k | €14k | €-10k | ▼ 168% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €248 ▼91.1%
Net result drops to €248, the lowest in the series.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
31-03
Financial
Highest result since 2019net €30k ▲48.9%
Operating result €30k, net result €30k, both a record.
2020
17-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
31-10
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.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Charleroi · 1 establishment unit since 2001
Ground area
1.0 ha
Building footprint
3,368 m²
Volume, LiDAR
32,238 m³
2 parcels, Wallonia · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Hamoir(L.L) 166, 7100 La Louvière
since 20012.094.370.748
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52034B1039/00Z004 | Wallonia | 9,994 m² | 1 · 3,265 m² | 11.1 m · 3 fl. |
| 55373B0029/00E027 | Wallonia | 421 m² | 1 · 103 m² | 12.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,420. 5,322 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded15-02-2001
Fiscal year end31-03
Activities, NACEBEL 2025
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.