SOGEPA
ActiveSOGEPA has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.80M and a net result of €163k. Equity remains stable across the filed fiscal years (±0.6% per year). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▲+47
Solvency92▲+7
Growth58=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity short (current ratio 0.27 against 0.22 in 2023; short-term debt: 33.3% and cash: 1.1% of total assets), and 33.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
66.5%
Return on assets
6%
Age of the figures
21 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
44 d early
2023
on the day
2022
33 d early
2021
30 d late
2020
24 d late
2019
33 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€163k
2023 · €-13k
2018: €-41k
2019: €-6k
2020: €-12k
2021: €-154k
2022: €6k
2023: €-13k
2018 → 2024
Working capital
€-655k▲ 21.5%
2023 · €-835k
2018: €-14k
2019: €1k
2020: €11k
2021: €-642k
2022: €-622k
2023: €-835k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.80M-€1.64M▼ 8.6%€1.65M▲ 0.4%€1.64M▼ 0.8%€1.80M▲ 10.0%
Operating result€34k-€28k▼ 16.3%€32k▲ 12.6%€15k▼ 51.4%€182k▲ 1,079%
Net result€-12k-€-154k▼ 1,233%€6k€-13k€163k
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 1,079% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.71M
Fixed assets
€2.46M▼ 0.7%
Current assets
€248k▲ 2.9%
Equity and liabilities €2.71M
Equity
€1.80M▲ 10.0%
Debt
€907k▼ 16.0%
The debt ratio falls from 39.7% to 33.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€205k▲
2023 · €38k
Cash flow
€186k▲
2023 · €10k
Solvency
66.5%▲
2023 · 60.3%
Current ratio
0.27▲
2023 · 0.22
Quick ratio
0.27▲
2023 · 0.22
Debt / equity
0.50▼
2023 · 0.66
ROE
9.1%▲
2023 · -0.8%
ROA
6.0%▲
2023 · -0.5%
Interest coverage
11.03▲
2023 · 1.36
Debt
€907k▼
2023 · €1.08M
Debt ≤ 1 year
€903k▼
2023 · €1.08M
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€2.72M€2.71M▼
Fixed assets21/28€2.48M€2.46M▼
Tangible fixed assets22/27€320k€304k▼
Land and buildings22€318k€302k▼
Furniture and vehicles24€2k€2k=
Financial fixed assets28€2.16M€2.16M=
Current assets29/58€241k€248k▲
Amounts receivable within one year40/41€236k€218k▼
Trade receivables40-€2k
Other amounts receivable41€236k€216k▼
Cash at bank and in hand54/58€3k€30k▲
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€2.72M€2.71M▼
Equity10/15€1.64M€1.80M▲
Contributions10/11€359k€359k=
Capital10€359k€359k=
Issued capital100€359k€359k=
Reserves13€51k€51k=
Non-distributable reserves130/1€36k€36k=
Legal reserve130€36k€36k=
Tax-exempt reserves132€15k€15k=
Profit (loss) carried forward14€1.23M€1.39M▲
Amounts payable17/49€1.08M€907k▼
Amounts payable within one year42/48€1.08M€903k▼
Trade debts44€2k€8k▲
Suppliers440/4€2k€8k▲
Other amounts payable47/48€1.07M€895k▼
Accrued charges and deferred income492/3€3k€4k▲
Income statement
Code20232024
Non-recurring operating income76A-€188k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€23k▲
Other operating charges640/8€11k€11k▼
Gross operating margin9900€50k€215k▲
Operating profit (loss)9901€15k€182k▲
Financial charges65/66B€28k€19k▼
Recurring financial charges65€28k€19k▼
Profit (loss) for the period before taxes9903€-13k€163k▲
Profit (loss) for the period9904€-13k€163k▲
Profit (loss) for the period to be appropriated9905€-13k€163k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.23M€1.39M▲
Profit (loss) brought forward from the previous period14P€1.24M€1.23M▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €163k
Net result €163k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €6k
Net result €6k after 4 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €-154k
Net result drops to €-154k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 33 days late
2019
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-05
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
6 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, Bastogne · 1 establishment unit since 1994
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.
Neffe 2296600 BastogneGround area
3,314 m²
Building footprint
192 m²
Parcel 82034B0532/00Z000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Neffe 229, 6600 Bastogne
since 19942.068.316.152
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82034B0532/00Z000 | Wallonia | 3,314 m² | 1 · 191 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.
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded24-12-1993
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:SSchmitzPro@proximus.be