SONTAG
ActiveSONTAG has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €33.52M and a net result of €1.68M. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 69% of 4829 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
94
/ 100
Excellent▲ +8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability25▲+1
Solvency97▼-1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 2.01 against 3.89 in 2023), and 45.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
54.9%
Return on assets
2.7%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
57 d early
2022
48 d early
2021
2 d late
2020
59 d late
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.68M▲ 8.1%
2023 · €1.55M
2018: €778k
2019: €927k
2020: €1.13M
2021: €3.61M
2022: €2.25M
2023: €1.55M
2018 → 2024
Working capital
€2.99M▼ 50.1%
2023 · €6.00M
2018: €7.80M
2019: €4.75M
2020: €5.20M
2021: €6.86M
2022: €6.52M
2023: €6.00M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€24.62M-€28.23M▲ 14.7%€30.49M▲ 8.0%€32.04M▲ 5.1%€33.52M▲ 4.6%
Operating result€1.75M-€2.12M▲ 20.8%€2.85M▲ 34.6%€2.31M▼ 19.2%€2.60M▲ 13.0%
Net result€1.13M-€3.61M▲ 219%€2.25M▼ 37.6%€1.55M▼ 31.2%€1.68M▲ 8.1%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 13% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €61.10M
Fixed assets
€55.15M▲ 18.2%
Current assets
€5.95M▼ 26.4%
Equity and liabilities €61.10M
Equity
€33.52M▲ 4.6%
Provisions
€0▼ 100%
Debt
€27.58M▲ 24.4%
The debt ratio rises from 40.5% to 45.1%: debt grows faster than equity.
Key figures and ratios
EBITDA
€3.87M▲
2023 · €3.35M
Cash flow
€2.94M▲
2023 · €2.59M
Solvency
54.9%▼
2023 · 58.5%
Current ratio
2.01▼
2023 · 3.89
Quick ratio
2.01▼
2023 · 3.89
Debt / equity
0.82▲
2023 · 0.69
ROE
5.0%▲
2023 · 4.8%
ROA
2.7%▼
2023 · 2.8%
Interest coverage
6.29▼
2023 · 7.86
Debt
€27.58M▲
2023 · €22.17M
Debt ≤ 1 year
€2.96M▲
2023 · €2.08M
Debt > 1 year
€24.61M▲
2023 · €20.08M
Income taxes
€746k▲
2023 · €573k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€54.75M€61.10M▲
Fixed assets21/28€46.67M€55.15M▲
Tangible fixed assets22/27€28.47M€36.95M▲
Land and buildings22€28.06M€36.48M▲
Plant, machinery and equipment23€408k€460k▲
Furniture and vehicles24€5k€9k▲
Financial fixed assets28€18.20M€18.20M=
Current assets29/58€8.08M€5.95M▼
Amounts receivable within one year40/41€3.20M€547k▼
Trade receivables40€705k€436k▼
Other amounts receivable41€2.50M€112k▼
Current investments50/53€22k€1.80M▲
Cash at bank and in hand54/58€4.79M€3.52M▼
Deferred charges and accrued income490/1€65k€83k▲
Equity and liabilities
Total equity and liabilities10/49€54.75M€61.10M▲
Equity10/15€32.04M€33.52M▲
Contributions10/11€500k€500k=
Capital10€500k€500k=
Issued capital100€500k€500k=
Reserves13€5.22M€5.40M▲
Non-distributable reserves130/1€50k€50k=
Legal reserve130€50k€50k=
Tax-exempt reserves132€4.12M€4.15M▲
Distributable reserves133€1.05M€1.20M▲
Profit (loss) carried forward14€26.32M€27.62M▲
Provisions and deferred taxes16€546k-
Provisions for liabilities and charges160/5€546k-
Major repairs and maintenance162€546k-
Amounts payable17/49€22.17M€27.58M▲
Amounts payable after more than one year17€20.08M€24.61M▲
Financial debts170/4€20.08M€24.61M▲
Amounts payable within one year42/48€2.08M€2.96M▲
Current portion of amounts payable after more than one year42€1.72M€2.06M▲
Trade debts44€66k€214k▲
Suppliers440/4€66k€214k▲
Taxes, remuneration and social security45€89k€171k▲
Taxes450/3€87k€166k▲
Remuneration and social security454/9€2k€5k▲
Other amounts payable47/48€203k€510k▲
Accrued charges and deferred income492/3€15k€14k▼
Income statement
Code20232024
Remuneration, social security and pensions62€6-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.04M€1.27M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-64k-
Provisions for liabilities and charges: additions (uses and reversals)635/8-€-546k
Other operating charges640/8€1.20M€1.61M▲
Gross operating margin9900€4.48M€4.94M▲
Operating profit (loss)9901€2.31M€2.60M▲
Financial income75/76B€246k€435k▲
Recurring financial income75€246k€435k▲
Financial charges65/66B€425k€616k▲
Recurring financial charges65€425k€616k▲
Profit (loss) for the period before taxes9903€2.13M€2.42M▲
Income taxes67/77€573k€746k▲
Profit (loss) for the period9904€1.55M€1.68M▲
Transfer from tax-exempt reserves789€14k€561k▲
Transfer to tax-exempt reserves689€674k€589k▼
Profit (loss) for the period to be appropriated9905€892k€1.65M▲
Appropriation of the result
Profit (loss) to be appropriated9906€26.21M€27.97M▲
Profit (loss) brought forward from the previous period14P€25.32M€26.32M▲
Transfer from equity791/2€456k€200k▼
Transfer to equity691/2€350k€350k=
To other reserves6921€350k€350k=
Profit to be distributed694/7-€200k
Return on contributions (dividend)694-€200k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 2 days late
2021
31-12
Financial
Highest result since 2018net €3.61M ▲219%
Net result €3.61M, the highest in the series.
31-12
Financial
Equity above €25MEq €28.23M ▲14.7%
4 profitable years in a row build equity to €28.23M.
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 59 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 31 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Brussel · 1 establishment unit since 1975
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.
Zavelstraat 91000 BrusselGround area
220 m²
Building footprint
177 m²
Volume, LiDAR
2,870 m³
Parcel 21808H1536/00D000, Brussels · tallest building 20.4 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
SONTAG SA
since 19752.011.843.544
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H1536/00D000 | Brussels | 220 m² | 1 · 177 m² | 20.4 m · 6 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.
Recognitions · licences · registrations
Legal Entity Identifier
549300QIA0T1XZ43C868
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Of 9,635 companies in sector 68121 we hold annual accounts for 7,328. 488 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-11-1975
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
70111
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.