Equity
€42,317 from €4.8m in 2019
Equity fell by 99% in 6 years.
SONACA VENTURES HOLDING
Lifetime
11 annual accounts with figures on one time axisBalance sheet totalpeak €6.9m (2020)
€44,637▼ 14.4%
Resultlowest -€8.0m (2021)
-€6,552▼ €1,679
Equitypeak €4.8m (2019)
€42,317▼ 13.4%
Debts
€2,320▼ 29.0%
Board8 names since 2015
3 directorsChristine LEJOUR and 2 others
Owners3 names in the annual accounts
100%Société Nationale de Construction Aérospatiale
Documentsfilings and deeds
04-06-202657 days before the deadline
2025financial year
Loss of €6,552New daily management delegate 17-09Appointment: RSM InterAudit (statutory auditor) 10-09Equity from €48,869 to €42,317Debts from €3,267 to €2,320
Key points
from the 2025 annual accountsLosses
-€20.0m in six years
Every financial year from 2020 to 2025 closed with a loss. 2021 was the heaviest.
Subsidiaries
-€1.2m
Subsidiary with negative equity. Sonaca Aircraft · loss of €160 in 2025.
Checked score
89
Excellent
Financially stronger than 52% of micro companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025highest value
06-2025: 0.3%● unchanged vs 05-2025highest value
07-2025: 0.2%▼ -0.1 percentage points vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026lowest value
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
No main activity registered
Loss of €6,552, the second in a row (financial year 2025)
lowers risk
Liquidity: current ratio 19.24, cash €44,637
Size: total assets €44,637
Calculation
The band follows from the bankruptcy probability. 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 (no NACE code, micro). It does better than 81% of them on solvency, 95% on liquidity, 9% on profitability and 21% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 4,805 companies had the same profile as SONACA VENTURES HOLDING has now. Each dot stands for 13 companies, two years later.
88.1%
were still trading
9.8%
stopped another way
2.0%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SONACA VENTURES HOLDING itself is lower: 0.2% within 12 months. It rests on far more data about SONACA VENTURES HOLDING than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,805 companies, not a prediction for SONACA VENTURES HOLDING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 19.24 (15.96 in 2024), above the usual 1.5. Short-term debt is 5.2% and cash 100% of total assets. 5.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€6,552
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 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 days early
2024
41 days early
2023
50 days early
2022
32 days early
2021
25 days early
2020
58 days early
2019
36 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 43 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · 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 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
RI
RSM INTERAUDIT
Auditor, Vincent Thyrion
- Société Nationale de Construction Aérospatiale 100%score 92equity €411.4m (2025) · 2025 annual accounts of Société Nationale de Construction Aérospatiale
Shares in 1 company, Sonaca Aircraft
Board & ownershipRecent changes
New daily management delegate
Paul Adam appointed, Xavier Carnoy resigned · General meeting of 05-06-2025 · Gazette deed
Appointment: RSM InterAudit (statutory auditor)
Permanent representative: Vincent Thyrion · General meeting of 05-06-2025 · Gazette deed
Capital increase · Amendment of the articles
Capital from €5,750,000 to €20,053,362, 822,443,315,000 new shares · Capital from €20,053,362 to €3,788,407 · Auditor report: Thierry Lejuste · Gazette deed
Appointment: RSM Interaudit (statutory auditor)
General meeting of 30-06-2022 · Gazette deed
Official details
Source: KBO- Status
- Active since 05-06-2015Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.242.882.8946041 Charleroi, since 24-06-2015
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- Total assets
- €44,637▼ 14.4%
- Filing
- Filed on 04-06-2026, 57 days before the end of the filing period
Companies linked to SONACA VENTURES HOLDING
Parent and group
Insights on SONACA VENTURES HOLDING
SONACA VENTURES HOLDING has existed since 2015. The balance sheet total fell from €6.9m in 2020 to €101,731 in 2022.
The balance sheet total has fallen every year since 2020.
Société Nationale de Construction Aérospatiale holds all the shares. In September 2025, the Official Gazette published the appointment of Paul Adam as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SONACA VENTURES HOLDING
- What is the company number of SONACA VENTURES HOLDING?
- The company number of SONACA VENTURES HOLDING is 0631.792.672. The VAT number is the same number with BE in front: BE 0631.792.672.
- Where is SONACA VENTURES HOLDING based?
- The registered office is at Route Nationale 5 SN, 6041 Charleroi.Company details
- What is the legal form of SONACA VENTURES HOLDING?
- SONACA VENTURES HOLDING is a public limited company (NV).
- When was SONACA VENTURES HOLDING founded?
- SONACA VENTURES HOLDING was founded on 05-06-2015.
- Is SONACA VENTURES HOLDING still active?
- Yes, SONACA VENTURES HOLDING is an active enterprise in the KBO register.
- What is the turnover of SONACA VENTURES HOLDING?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is SONACA VENTURES HOLDING profitable?
- In financial year 2025, SONACA VENTURES HOLDING made a loss of €6,552.
- Where can I find the annual accounts of SONACA VENTURES HOLDING?
- SONACA VENTURES HOLDING filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SONACA VENTURES HOLDING due?
- SONACA VENTURES HOLDING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See the other companies in the same group.Wallonie Entreprendre · 60 companies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.