Turnover
The micro format states no turnover.
The micro format states no turnover.
Less equity than 90% of companies in architecture and engineering. Sector median €63,879 · 11,799 companies.
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 (NACE 71, micro). It does better than 10% of them on solvency, 22% on liquidity, 24% on profitability and 5% on growth.
The bankruptcy probability was computed on 09-11-2026 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).
In July 2024, 1,301 companies had the same profile as SONARIC has now. Each dot stands for 4 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SONARIC itself is lower: 0.4% within 12 months. It rests on far more data about SONARIC than the profile alone.
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 1,301 companies, not a prediction for SONARIC. 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.
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.42 (0.49 in 2024), below 1. Short-term debt is 98.2% and cash 33.9% of total assets. 98.2% of the assets are financed with debt and provisions.
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.
The company filed its last 2 accounts on average 12 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| SONARIC Halle | €44,775 | €4,437 | 1.8% | - |
| Sinefield Antwerp | €42,500 | €4,027 | 63.5% | - |
| ECOY Genk | €36,974 | €4,771 | 7.8% | - |
| R2E Damme | €39,717 | €5,791 | 19.2% | - |
| DEEEPER Visé | €41,135 | €6,007 | 11.8% | - |
| Industrial Technical Services Koekelberg | €37,716 | €5,774 | 87.4% | - |
| SYLAB TECH Florennes | €55,810 | €4,693 | 58.2% | - |
These companies have the same main activity as SONARIC: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €37,000 and €55,800, founded between 2023 and 2024.
The annual accounts of SONARIC for financial year 2025 show a net loss of 83% of the equity at the start of that year. The 2025 annual accounts show equity of €802 and a net result of -€3,821.
Its solvency ranks better than 10% of 11,794 sector peers (NACE 71, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
The computed 12-month bankruptcy probability is 0.4% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €20,000. Estimated: probably between €14,000 and €38,000.
Higher than 10% of 11,794 companies in 2025.
Higher than 6% of 11,521 companies in 2025.
Higher than 11% of 11,605 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
44,775 | 57,901 | |
21/28 |
26,161 | 31,894 | |
22/27 |
26,161 | 31,894 | |
23 |
1,067 | - | |
24 |
25,094 | 31,894 | |
29/58 |
18,613 | 26,007 | |
40/41 |
2,844 | 7,966 | |
40 |
2,844 | 7,966 | |
41 |
0 | - | |
54/58 |
15,163 | 17,401 | |
490/1 |
607 | 640 | |
| Balance sheet: equity and liabilities | |||
10/49 |
44,775 | 57,901 | |
10/15 |
802 | 4,622 | |
10/11 |
120 | 120 | |
13 |
682 | 4,502 | |
133 |
682 | 4,502 | |
17/49 |
43,973 | 53,278 | |
42/48 |
43,973 | 53,278 | |
44 |
1,594 | 66 | |
440/4 |
1,594 | 66 | |
45 |
4,908 | 11,767 | |
450/3 |
4,908 | 8,867 | |
454/9 |
- | 2,900 | |
47/48 |
37,472 | 41,446 | |
| Income statement | |||
9900 |
4,437 | 9,944 | |
630 |
6,972 | 3,554 | |
640/8 |
1,144 | 744 | |
9901 |
-3,679 | 5,647 | |
75/76B |
51 | 146 | |
75 |
51 | 146 | |
65/66B |
47 | - | |
65 |
47 | - | |
9903 |
-3,675 | 5,793 | |
67/77 |
146 | 1,290 | |
9904 |
-3,821 | 4,502 | |
9905 |
-3,821 | 4,502 | |
| Appropriation of the result | |||
9906 |
-3,821 | 4,502 | |
791/2 |
3,821 | - | |
691/2 |
- | 4,502 | |
6921 |
- | 4,502 | |
| Document | |||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 28-08-2026.
2025 annual accounts filed 28 days after the deadline. Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00438638.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 3,293 | 9,200 | ||
| 3,151 | 8,056 | ||
| 1,239 | 33,999 | ||
| -2,238 | - | ||
| -25,360 | -27,272 | ||
| 1.8% | 8.0% | ||
| 0.42 | 0.49 | ||
| - | 11.53 | ||
| - | 97.4% | ||
| -8.5% | 7.8% | ||
| 70.35 | - |
The equity ratios are withheld because equity of €802 is too small for a meaningful ratio.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €1,239 | €33,999 |
| €6,972 | €3,554 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €3,679, after a profit of €5,647 in 2024.
Debt's share of the balance-sheet total rises from 92.0% to 98.2%. Equity and debt are lower.
SONARIC has no parent and no holdings in its annual accounts. DENEEF Pascal is the only director. SONARIC shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
SONARIC was incorporated on 27 August 2024 as a private limited company by one natural person, with a starting capital of €120.12 Since 2024, DENEEF Pascal has served as director.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.4
| Speldekenserf 17 registered office 1500 Halle |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23027E0177/00Y002 | 403 m² | 1 · 88 m² | 7.6 m · 2 |
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