SOGEX-EREM
ActiveSOGEX-EREM has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.65M and a net result of €121k. Equity is shrinking by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 63% of 726 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-5
Solvency80▼-12
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 2.02 against 3.51 in 2024; short-term debt: 32.9% and cash: 42.6% of total assets), and 44.6% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
55.4%
Return on assets
4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
133 d late
2023
30 d late
2022
31 d late
2021
29 d late
2020
5 d early
2019
8 d early
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€121k▼ 55.9%
2024 · €275k
2018: €134k
2019: €115k
2020: €-35k
2021: €24k
2022: €113k
2023: €482k
2024: €275k
2018 → 2025
Working capital
€1,000k▼ 35.2%
2024 · €1.54M
2018: €2.00M
2019: €1.92M
2020: €1.73M
2021: €1.55M
2022: €1.30M
2023: €1.68M
2024: €1.54M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.78M-€1.71M▼ 3.9%€2.05M▲ 19.9%€2.18M▲ 6.4%€1.65M▼ 24.1%
Operating result€41k-€143k▲ 245%€722k▲ 406%€383k▼ 46.9%€163k▼ 57.4%
Net result€24k-€113k▲ 368%€482k▲ 327%€275k▼ 43.0%€121k▼ 55.9%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 57% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.99M
Fixed assets
€1.01M▼ 9.1%
Current assets
€1.98M▼ 8.2%
Equity and liabilities €2.99M
Equity
€1.65M▼ 24.1%
Debt
€1.33M▲ 22.8%
The debt ratio rises from 33.3% to 44.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€443k▼
2024 · €614k
Cash flow
€400k▼
2024 · €505k
Solvency
55.4%▼
2024 · 66.7%
Current ratio
2.02▼
2024 · 3.51
Quick ratio
1.88▼
2024 · 3.40
Debt / equity
0.81▲
2024 · 0.50
ROE
7.3%▼
2024 · 12.6%
ROA
4.0%▼
2024 · 8.4%
Interest coverage
59.18▼
2024 · 63.39
Debt
€1.33M▲
2024 · €1.09M
Debt ≤ 1 year
€983k▲
2024 · €615k
Debt > 1 year
€352k▼
2024 · €472k
Income taxes
€35k▼
2024 · €103k
Staff costs
€996k▲
2024 · €820k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.27M€2.99M▼
Fixed assets21/28€1.11M€1.01M▼
Tangible fixed assets22/27€1.11M€1.01M▼
Plant, machinery and equipment23€598k€643k▲
Furniture and vehicles24€128k€86k▼
Other tangible fixed assets26€381k€277k▼
Current assets29/58€2.16M€1.98M▼
Stocks and contracts in progress3€66k€134k▲
Stocks30/36€66k€134k▲
Amounts receivable within one year40/41€551k€575k▲
Trade receivables40€463k€372k▼
Other amounts receivable41€88k€203k▲
Cash at bank and in hand54/58€1.54M€1.27M▼
Equity and liabilities
Total equity and liabilities10/49€3.27M€2.99M▼
Equity10/15€2.18M€1.65M▼
Contributions10/11€146k€146k=
Capital10€146k€146k=
Issued capital100€146k€146k=
Reserves13€2.03M€1.51M▼
Non-distributable reserves130/1€15k€15k=
Legal reserve130€15k€15k=
Tax-exempt reserves132€1k€1k=
Distributable reserves133€2.02M€1.49M▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.09M€1.33M▲
Amounts payable after more than one year17€472k€352k▼
Financial debts170/4€472k€352k▼
Amounts payable within one year42/48€615k€983k▲
Current portion of amounts payable after more than one year42€124k€126k▲
Trade debts44€152k€54k▼
Suppliers440/4€152k€54k▼
Taxes, remuneration and social security45€238k€220k▼
Taxes450/3€130k€104k▼
Remuneration and social security454/9€108k€116k▲
Other amounts payable47/48€100k€582k▲
Income statement
Code20242025
Remuneration, social security and pensions62€820k€996k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€230k€279k▲
Other operating charges640/8€5k€7k▲
Non-recurring operating charges66A€107€0▼
Gross operating margin9900€1.44M€1.45M▲
Operating profit (loss)9901€383k€163k▼
Financial income75/76B€4k€319▼
Recurring financial income75€4k€319▼
Financial charges65/66B€10k€7k▼
Recurring financial charges65€10k€7k▼
Profit (loss) for the period before taxes9903€378k€156k▼
Income taxes67/77€103k€35k▼
Profit (loss) for the period9904€275k€121k▼
Profit (loss) for the period to be appropriated9905€275k€121k▼
Appropriation of the result
Profit (loss) to be appropriated9906€275k€121k▼
Transfer from equity791/2€0€524k▲
Transfer to equity691/2€132k€0▼
To other reserves6921€132k€0▼
Profit to be distributed694/7€143k€645k▲
Return on contributions (dividend)694€143k€645k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (17 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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
11-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 133 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €482k ▲327%
Operating result €722k, net result €482k, both a record.
31-12
Financial
Equity above €2MEq €2.05M ▲19.9%
3 profitable years in a row build equity to €2.05M.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-35k ▼130%
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
16-07
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
no sitting director, no change since 2018
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-01-2018
Resigned as Daily management
Location & real-estate footprint
Registered office, Charleroi · 1 establishment unit since 1981
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.
Rue des Forgerons 296001 CharleroiGround area
9,098 m²
Building footprint
1,956 m²
Volume, LiDAR
10,514 m³
Parcel 52045A0515/00S000, Wallonia · tallest building 5.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Forgerons 29, 6001 Charleroi
since 19812.018.704.810
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52045A0515/00S000 | Wallonia | 9,098 m² | 1 · 1,956 m² | 5.8 m · 2 fl. |
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.
Similar companies · same sector, comparable size
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VANGOR
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Titus Consulting
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Of 11,554 companies in sector 71121 we hold annual accounts for 6,562. 2,649 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-03-1981
Fiscal year end31-12
Activities, NACEBEL
28150Manufacture of machinery and equipment not elsewhere classified
29142
71121Engineering and related technical consultancy, excluding land surveyors
74203
43211General electrical installation work
43990Other specialised construction activities
43999Specialised construction activities
45250
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.