Skip to content

SOGEXCO

Active
Private limited company (pre-2019)founded 198936 yrs activeKoekelberglaan 6, 1082 Sint-Agatha-Berchem, BelgiumKBO/BCE: BE 0439.466.715
Summary

SOGEXCO has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €52,693 and a net result of -€510. Equity is shrinking by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 73% of 31942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability36▲+4
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 4.3 against 4.0 in 2024; short-term debt: 23.2% of total assets), and 23.2% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 36 years 0 40 y
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 2025
Solvency, return and age of the figures
Solvency
76.8%
Return on assets
-0.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
20 d late
2024
21 d late
2023
28 d late
2022
25 d late
2021
29 d late
2020
26 d late
2019
91 d late
← 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 34 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SOGEXCO was incorporated on 25 December 1989.1 Total assets fell from EUR 82,354 in 2018 to EUR 68,649 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
€52,693▼ 1.0%
2024 · €53,203
Total assets
€68,649▼ 3.3%
2024 · €70,957
Net result
-€510▲ 66.0%
2024 · -€1,500
Working capital
€52,693▼ 1.0%
2024 · €53,203
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€347▲ 79.7%-€347=-€384▼ 10.7%-€553▼ 44.0%
Net result-€2,283below the sector's middle half▲ 52.1%-€2,189below the sector's middle half▲ 4.1%-€2,334below the sector's middle half▼ 6.6%-€1,500below the sector's middle half▲ 35.7%-€510below the sector's middle half▲ 66.0%
Equity€59,226within the sector's middle half▼ 3.7%€57,037within the sector's middle half▼ 3.7%€54,703within the sector's middle half▼ 4.1%€53,203within the sector's middle half▼ 2.7%€52,693within the sector's middle half▼ 1.0%
Total assets€71,854below the sector's middle half▼ 3.5%€70,950below the sector's middle half▼ 1.3%€70,950below the sector's middle half=€70,957below the sector's middle half=€68,649below the sector's middle half▼ 3.3%
Debt€12,628▼ 2.4%€13,913▲ 10.2%€16,247▲ 16.8%€17,754▲ 9.3%€15,956▼ 10.1%
Working capital€59,226within the sector's middle half▼ 3.7%€57,037within the sector's middle half▼ 3.7%€54,703within the sector's middle half▼ 4.1%€53,203within the sector's middle half▼ 2.7%€52,693within the sector's middle half▼ 1.0%
Solvency82.4%above the sector's middle half▼ 0.2pp80.4%above the sector's middle half▼ 2.0pp77.1%within the sector's middle half▼ 3.3pp75.0%within the sector's middle half▼ 2.1pp76.8%within the sector's middle half▲ 1.8pp
Current ratio5.69above the sector's middle half▼ 0.065.10above the sector's middle half▼ 0.594.37within the sector's middle half▼ 0.734.00within the sector's middle half▼ 0.374.30within the sector's middle half▲ 0.31
Return on assets (ROA)-3.2%below the sector's middle half▲ 3.2pp-3.1%below the sector's middle half▲ 0.1pp-3.3%below the sector's middle half▼ 0.2pp-2.1%below the sector's middle half▲ 1.2pp-0.7%below the sector's middle half▲ 1.4pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€3,000-€2,000-€1,000€0Operating result 2021: -€347-€347Net result 2021: -€2,283-€2,283Operating result 2022: -€347-€347Net result 2022: -€2,189-€2,189Operating result 2023: -€384-€384Net result 2023: -€2,334-€2,334Operating result 2024: -€553-€553Net result 2024: -€1,500-€1,500Net result 2025: -€510-€51020212022202320242025-€3,000-€2,000-€1,000€0Operating result 2023: -€384-€384Net result 2023: -€2,334-€2,330Operating result 2024: -€553-€553Net result 2024: -€1,500-€1,500Net result 2025: -€510-€510202320242025
The operating result stays negative: a loss of €553 in 2024 against €384 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €68,649
Equity €52,693 ▼ 1.0%
Debt €15,956 ▼ 10.1%
Debt's share of the balance-sheet total falls from 25.0% to 23.2%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.30▼
2024 · 0.33
ROE
-1.0%▲
2024 · -2.8%
Debt ≤ 1 year
€15,956▼
2024 · €17,754
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
8.5% stopped otherwise
90% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 27 lines
Balance sheet Code20242025
Assets
Total assets20/58€70,957€68,649▼
Current assets29/58€70,957€68,649▼
Amounts receivable within one year40/41€70,950€68,649▼
Other amounts receivable41€70,950€68,649▼
Cash at bank and in hand54/58€7-
Equity and liabilities
Total equity and liabilities10/49€70,957€68,649▼
Equity10/15€53,203€52,693▼
Contributions10/11€6,507€6,507=
Reserves13€198€198=
Non-distributable reserves130/1€198€198=
Reserves not available under the articles1311€198€198=
Profit (loss) carried forward14€46,498€45,988▼
Amounts payable17/49€17,754€15,956▼
Amounts payable within one year42/48€17,754€15,956▼
Financial debts43€11,985€11,489▼
Credit institutions430/8€11,985€11,489▼
Trade debts44€5,769€4,467▼
Suppliers440/4€5,769€4,467▼
Income statement Code20242025
Gross operating margin9900-€553-
Operating profit (loss)9901-€553-
Financial charges65/66B€947€510▼
Recurring financial charges65€947€510▼
Profit (loss) for the period before taxes9903-€1,500-€510▲
Profit (loss) for the period9904-€1,500-€510▲
Profit (loss) for the period to be appropriated9905-€1,500-€510▲
Appropriation of the result
Profit (loss) to be appropriated9906€46,498€45,988▼
Profit (loss) brought forward from the previous period14P€47,998€46,498▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€347€347€384---
Gross operating margin9900----€553--
Operating profit (loss)9901-€347-€347-€384-€553--
Financial charges65/66B€1,936€1,842€1,950€947€510▼ 46.1%
Recurring financial charges65€1,936€1,842€1,950€947€510▼ 46.1%
Profit (loss) for the period before taxes9903-€2,283-€2,189-€2,334-€1,500-€510▲ 66.0%
Profit (loss) for the period9904-€2,283-€2,189-€2,334-€1,500-€510▲ 66.0%
Profit (loss) for the period to be appropriated9905-€2,283-€2,189-€2,334-€1,500-€510▲ 66.0%
Line20212022202320242025Change
Assets
Total assets20/58€71,854€70,950€70,950€70,957€68,649▼ 3.3%
Current assets29/58€71,854€70,950€70,950€70,957€68,649▼ 3.3%
Amounts receivable within one year40/41€71,848€70,950€70,950€70,950€68,649▼ 3.2%
Trade receivables40€898-----
Other amounts receivable41€70,950€70,950€70,950€70,950€68,649▼ 3.2%
Cash at bank and in hand54/58€6--€7--
Equity and liabilities
Total equity and liabilities10/49€71,854€70,950€70,950€70,957€68,649▼ 3.3%
Equity10/15€59,226€57,037€54,703€53,203€52,693▼ 1.0%
Contributions10/11€6,507€6,507€6,507€6,507€6,507=
Reserves13€198€198€198€198€198=
Non-distributable reserves130/1€198€198€198€198€198=
Reserves not available under the articles1311€198€198€198€198€198=
Profit (loss) carried forward14€52,521€50,332€47,998€46,498€45,988▼ 1.1%
Amounts payable17/49€12,628€13,913€16,247€17,754€15,956▼ 10.1%
Amounts payable within one year42/48€12,628€13,913€16,247€17,754€15,956▼ 10.1%
Financial debts43€11,862€12,345€12,178€11,985€11,489▼ 4.1%
Credit institutions430/8€11,862€12,345€12,178€11,985€11,489▼ 4.1%
Trade debts44€766€1,568€4,069€5,769€4,467▼ 22.6%
Suppliers440/4€766€1,568€4,069€5,769€4,467▼ 22.6%
Line20212022202320242025Change
Profit (loss) for the period9904-€2,283-€2,189-€2,334-€1,500-€510▲ 66.0%
Operating cash flow (approximation)-€2,283-€2,189-€2,334-€1,500-€510▲ 66.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
20-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
21-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
28-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
25-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
29-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
26-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial Weakest financial yearnet -€4,765
Net result drops to -€4,765, the lowest in the series; recovery starts the following year.
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
27-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
27-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 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, Sint-Agatha-Berchem · 1 establishment unit since 1989
seat establishment The establishment unit on the map
Ground area
358 m²
Building footprint
124 m²
Volume, LiDAR
1,376 m³
Parcel 21342B0114/00W016, Brussels · tallest building 15.1 m, ±4 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
SOGEXCO
Koekelberglaan 6, 1082 Sint-Agatha-BerchemBusiness consulting
since 19892.046.247.068
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21342B0114/00W016 Brussels 358 m² 1 · 124 m² 15.1 m · 4 fl.
Linked by address, not proof of ownership
Good to know
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

Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 38,372 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)
Founded25-12-1989
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.