SOGESMA

Active

Public limited companyfounded 2004active for 22 yearsRue de Capilône(H) 6, 6220 Fleurus, BelgiumKBO/BCE: BE 0866.517.727

From the official registers: KBO 22 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

SOGESMA has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25.2m and a net result of -€3.0m. Equity remains stable across the filed financial years (±1.2% per year). Its solvency ranks better than 26% of 6,158 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow Report Compare

SOGESMAActiveChecked score 80/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 26-07-2004 Normal situation
Legal form: Public limited company
Registered office: Rue de Capilône(H) 6, 6220 Fleurus
Activity: Agents in non-specialised wholesale trade NACE 46190and 1 other
Establishment unit: 2.138.656.295 5620 Florennes, since 26-07-2004
Financial year end: 31 December
Peppol: Reachable since 15-10-2025

Company details

Who decides

Board

François BruneauDirector
GIFI SASDirector · since 15-09-2025
Rémy LECOMTEDirector · since 15-09-2025
CONSULCOM SADirector · permanent representative Rachel Marchandise

and 3 other directors

Auditor: Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises

Shareholders

GIFI DIFFUSION SAS70%annual accounts 2025
Société MICHMAR II30%annual accounts 2025

Holdings: Shares in 7 companies including LOGISTIQUE SOGESMA and PARTEGEN

Board & ownership

How it is doing

80 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.4%

Annual accounts 2025

Turnover: €129.7m; ▼ 5.0%
Loss: €3.0m; ▲ 13.9%
Equity: €25.2m; ▼ 10.7%
Total assets: €106.3m; ▼ 23.8%
Staff: 153.5 FTE; ▼ 7.1%

2025 accounts 7 days early

Filed on 24-07-2026at the National Bank

Financials

Why 80raises riskLiquidity: current ratio 0.93, cash €1.4mLoss of €3.0m, the second in a row (financial year 2025)Equity €25.2m (23.7% of total assets)lowers riskFounded in 2004Show the evidence

Checked score

Score 2025

80 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 22% of its sector peers (NACE 46, medium-sized)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 49+4

equity 23.7% of total assets

Liquidity 27+5

short-term debt 50.1% · cash 1.3%

Profitability 21+4

return on assets -2.8%

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (746 companies, NACE 46, medium-sized)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 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: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026highest value 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026

Credit of up to €2,000,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.93, compared with 1.02 in 2024, below 1; short-term debt: 50.1% and cash: 1.3% of total assets), and 76.3% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, medium-sized): better than 29% on solvency, 29% on liquidity, 11% on profitability and 20% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Liquidity: current ratio 0.93, cash €1.4m

NBB · annual accounts

Loss of €3.0m, the second in a row (financial year 2025)

NBB · annual accounts

Founded in 2004

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Equity €25.2m (23.7% of total assets)

NBB · annual accounts

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

1819202122232425

2018 to 2025 · latest year -€3.0m

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

7 days early

2024

13 days early

2023

1 day early

2022

11 days early

2021

33 days early

2020

24 days early

2019

23 days early

← before the deadline after the deadline →

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

This company filed its last 7 accounts on average 16 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% 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 20 July (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Caution: Among the weakest 5% on net resultsector median €112,134 · 6,092 companies -€3.0m View
Board changedlatest change 23-09-2026 · 7 in office 3 joined · 3 left View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Caution: 2 loss-making years in a rowloss financial year 2025 -€3.0m View

Documents

Key facts about SOGESMA

What is the company number of SOGESMA?: 0866.517.727. In Belgium the VAT number is the company number with BE in front: BE 0866.517.727.
Where is SOGESMA based?: The registered office is at Rue de Capilône(H) 6, 6220 Fleurus.Company details
What does SOGESMA do?: According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
What is the legal form of SOGESMA?: Public limited company (NV).
When was SOGESMA founded?: On 26-07-2004.
Is SOGESMA still active?: Yes, SOGESMA is an active enterprise in the KBO register.
How many employees does SOGESMA have?: On average 153.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SOGESMA?: €129.7m in financial year 2025, according to the filed annual accounts.
Is SOGESMA profitable?: In financial year 2025, SOGESMA made a loss of €3.0m.
Where can I find the annual accounts of SOGESMA?: SOGESMA filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of SOGESMA due?: By 31-07-2027, for financial year 2026.Timeline

Companies related to SOGESMA

Shareholders

Société MICHMAR II30%

Subsidiaries and holdings

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AGRIFINALHerselt
ASSOCIATED WEAVERS INTERNATIONALRonse

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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?SOGESMA · 15 companies

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Overview

Official details

Who decides

How it is doing

Checked score

Signals

Key points

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

Articles and registers

Key facts about SOGESMA

Companies related to SOGESMA

Shareholders

Subsidiaries and holdings

Comparable companies

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