SOPAG (0733.765.606): financials and annual accounts

SOPAG

Raeren ·KBO/BCE: BE 0733.765.606

Line	2025	2024	2023	2022	2021	2020	2019
Balance sheet: assets
Total assets`20/58`	223,454	231,201	243,475	258,129	273,398	289,137	306,786
Formation expenses`20`	-	-	-	-	-	-	934
Fixed assets`21/28`	218,424	225,932	239,350	254,281	269,212	284,143	299,074
Tangible fixed assets`22/27`	218,424	225,932	239,350	254,281	269,212	284,143	299,074
Land and buildings`22`	218,424	225,932	239,350	254,281	269,212	284,143	299,074
Current assets`29/58`	5,030	5,269	4,125	3,848	4,186	4,994	6,778
Amounts receivable within one year`40/41`	45	45	45	45	36	36	2,608
Other amounts receivable`41`	45	45	45	45	36	36	2,608
Cash at bank and in hand`54/58`	4,139	4,794	3,450	2,857	3,370	4,958	4,169
Deferred charges and accrued income`490/1`	845	430	630	945	780	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	223,454	231,201	243,475	258,129	273,398	289,137	306,786
Equity`10/15`	51,862	43,897	41,430	40,142	40,171	40,037	41,662
Contributions`10/11`	50,000	50,000	50,000	50,000	50,000	50,000	-
Contributions outside capital`11`	-	-	-	-	-	-	50,000
Share premium`1100/10`	-	-	-	-	-	-	50,000
Profit (loss) carried forward`14`	1,862	-6,103	-8,570	-9,858	-9,829	-9,963	-8,338
Amounts payable`17/49`	171,592	187,305	202,045	217,986	233,227	249,100	265,123
Amounts payable after more than one year`17`	154,896	170,484	186,072	201,660	217,249	232,342	248,710
Financial debts`170/4`	153,284	168,873	184,461	200,049	215,637	232,342	246,814
Other amounts payable`178/9`	1,611	1,611	1,611	1,611	1,611	-	1,896
Amounts payable within one year`42/48`	16,266	15,588	15,588	15,936	15,588	16,368	16,023
Current portion of amounts payable after more than one year`42`	15,588	15,588	15,588	15,588	15,588	15,588	15,588
Trade debts`44`	-	-	-	348	-	-	435
Suppliers`440/4`	-	-	-	348	-	-	435
Taxes, remuneration and social security`45`	678	-	-	-	-	-	-
Taxes`450/3`	678	-	-	-	-	-	-
Other amounts payable`47/48`	-	-	-	-	-	780	-
Accrued charges and deferred income`492/3`	430	1,232	384	390	390	390	390
Income statement
Gross operating margin`9900`	21,438	21,371	21,903	20,698	20,751	20,209	3,302
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	7,508	13,418	14,931	14,931	14,931	15,865	9,909
Other operating charges`640/8`	1,944	1,885	1,823	1,661	1,282	1,292	258
Operating profit (loss)`9901`	11,987	6,068	5,149	4,107	4,538	3,052	-6,865
Financial income`75/76B`	-	-	-	-	-	-	14
Recurring financial income`75`	-	-	-	-	-	-	14
Financial charges`65/66B`	3,343	3,601	3,861	4,135	4,404	4,677	1,487
Recurring financial charges`65`	3,343	3,601	3,861	4,135	4,404	4,677	1,487
Profit (loss) for the period before taxes`9903`	8,643	2,467	1,288	-29	134	-1,625	-8,338
Income taxes`67/77`	678	-	-	-	-	-	-
Profit (loss) for the period`9904`	7,965	2,467	1,288	-29	134	-1,625	-8,338
Profit (loss) for the period to be appropriated`9905`	7,965	2,467	1,288	-29	134	-1,625	-8,338
Appropriation of the result
Profit (loss) to be appropriated`9906`	1,862	-6,103	-8,570	-9,858	-9,829	-9,963	-8,338
Profit (loss) brought forward from the previous period`14P`	-6,103	-8,570	-9,858	-9,829	-9,963	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	27-07-2026	2026-00336810	PDF
31-12-2024	micro format	31-07-2025	2025-00342248	PDF
31-12-2023	micro format	02-07-2024	2024-00196555	PDF
31-12-2022	micro format	03-08-2023	2023-00310746	PDF
31-12-2021	micro format	22-06-2022	2022-20090936	PDF
31-12-2020	micro format	20-07-2021	2021-37500448	PDF
31-12-2019	micro format	28-07-2020	2020-35100139	PDF

Line	2025	2024	2023	2022	2021	2020	2019
EBITDA	19,494	19,486	20,080	19,038	19,469	18,917	3,044
Cash flow	15,473	15,885	16,219	14,902	15,065	14,240	1,571
Investment in fixed assets (approximation)	0	0	0	0	0	934	308,667
Change in cash	-655	1,344	592	-513	-1,588	789	-
Working capital	-11,237	-10,319	-11,463	-12,088	-11,402	-11,374	-9,246
Solvency	23.2%	19.0%	17.0%	15.6%	14.7%	13.8%	13.6%
Current ratio	0.31	0.34	0.26	0.24	0.27	0.31	0.42
Debt to equity	3.31	4.27	4.88	5.43	5.81	6.22	6.36
ROE	15.4%	5.6%	3.1%	-0.1%	0.3%	-4.1%	-20.0%
ROA	3.6%	1.1%	0.5%	0.0%	0.0%	-0.6%	-2.7%
Interest coverage	5.83	5.41	5.20	4.60	4.42	-	-

Item	2025	2024	2023	2022	2021
Mortgages, amount registered	€291,500	€291,500	€291,500	€291,500	€291,500
Carrying value of the mortgaged assets	€218,424	€225,932	€239,350	€240,947	€248,455

SOPAG

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Filed annual accounts

Filings

Key figures and ratios

Securities and guarantees

Insights on SOPAG

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