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SOPEX COMMODITY SOLUTIONS

Active
Public limited companyfounded 1968active for 58 yearsGeneraal Lemanstraat 74, 2600 Antwerpen, Belgium15 active companies are registered at this addressKBO/BCE: BE 0404.853.155
Summary

The computed 12-month bankruptcy probability of SOPEX COMMODITY SOLUTIONS is 1.7% (moderate). The 2025 annual accounts show negative equity (-€1.2m) and a net result of -€817,694. Equity is shrinking by about 47% per year across the filed financial years. Its solvency ranks better than 5% of 6,158 sector peers (NACE 46, financial year 2025). The company has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, full format

Turnover
€7.8m▼ 9.8%
2024 · €8.6m
EBIT margin
-7.4%▼ 1.1pp
2024 · -6.3%
Net result
-€817,694▲ 18.8%
2024 · -€1.0m
Working capital
-€1.2m▼ 252%
2024 · -€335,882
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €576,243 in 2025 against €547,457 in 2024; the loss grows.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€7.8m 2025 Operating result-€0.6m 2025 Net result-€0.8m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€0.5m-€0.1m▼ 73.5%€0.2m▲ 28.0%€7.1m▲ 45×€10.0m▲ 40.6%€14.9m▲ 49.1%€8.6m▼ 42.1%€7.8m▼ 9.8%
Operating result-€0.4m--€0.02m▲ 94.1%-€0.2m▼ 714%-€1.3m▼ 643%-€0.6m▲ 51.0%€0.7m-€0.5m-€0.6m▼ 5.3%
Net result-€0.4m-€0.07m-€0.1mbelow the sector's middle half-€1.3mbelow the sector's middle half▼ 988%-€0.9mbelow the sector's middle half▲ 30.1%€0.2mwithin the sector's middle half-€1.0mbelow the sector's middle half-€0.8mbelow the sector's middle half▲ 18.8%
EBIT margin-77.7%--17.3%▲ 60.4pp-110.1%▼ 92.8pp-18.4%▲ 91.7pp-6.4%▲ 12.0pp4.9%▲ 11.3pp-6.3%▼ 11.2pp-7.4%▼ 1.1pp
Equity€2.7m-€2.8m▲ 2.6%€2.6mwithin the sector's middle half▼ 4.3%€1.4mwithin the sector's middle half▼ 48.7%€0.5mwithin the sector's middle half▼ 66.4%€0.7mwithin the sector's middle half▲ 43.4%-€0.4mbelow the sector's middle half-€1.2mbelow the sector's middle half▼ 230%
Total assets€3.7m-€3.7m▲ 1.5%€2.9mwithin the sector's middle half▼ 21.1%€14.0mabove the sector's middle half▲ 376%€10.1mwithin the sector's middle half▼ 27.9%€9.5mwithin the sector's middle half▼ 5.9%€6.7mwithin the sector's middle half▼ 29.6%€1.2mbelow the sector's middle half▼ 81.9%
Debt€1.0m-€1.0m▼ 1.7%€0.3m▼ 69.3%€12.6m▲ 43×€9.6m▼ 23.8%€8.8m▼ 8.3%€7.0m▼ 20.4%€2.4m▼ 66.2%
Working capital€2.8m-€2.8m▲ 2.5%€2.6mwithin the sector's middle half▼ 7.1%€1.4mwithin the sector's middle half▼ 48.0%€0.5mwithin the sector's middle half▼ 60.2%€1.1mwithin the sector's middle half▲ 96.9%-€0.3mbelow the sector's middle half-€1.2mbelow the sector's middle half▼ 252%
Solvency73.4%-74.2%▲ 0.8pp90.0%above the sector's middle half▲ 15.8pp9.7%below the sector's middle half▼ 80.3pp4.5%below the sector's middle half▼ 5.2pp6.9%below the sector's middle half▲ 2.4pp-5.3%below the sector's middle half▼ 12.2pp-97.4%below the sector's middle half▼ 92.1pp
Current ratio4.08-4.22▲ 0.149.91above the sector's middle half▲ 5.691.11below the sector's middle half▼ 8.801.06below the sector's middle half▼ 0.051.13below the sector's middle half▲ 0.070.95below the sector's middle half▼ 0.180.50below the sector's middle half▼ 0.45
Return on assets (ROA)-10.8%-1.9%▲ 12.7pp-4.0%below the sector's middle half▼ 5.9pp-9.2%below the sector's middle half▼ 5.2pp-8.9%below the sector's middle half▲ 0.3pp2.1%within the sector's middle half▲ 11.0pp-15.1%below the sector's middle half▼ 17.2pp-67.9%below the sector's middle half▼ 52.8pp
Staff (FTE)2.2-0.3▼ 86.4%
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets €15,245 =
Current assets €1.2m ▼ 82.1%
Equity and liabilities
Equity-€1.2m
Debt€2.4m
Equity is negative: debt (€2.4m) exceeds the balance-sheet total (€1.2m).
Key figures and ratios
2025 value · change against 2024
Quick ratio
0.21▼
2024 · 0.24
Debt ≤ 1 year
€2.4m▼
2024 · €7.0m
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 678 companies that looked in July 2024 the way this one looks now, 6.8% went bankrupt within 24 months and 84.4% are still going.

  • Small
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
6.8% went bankrupt
6.2% stopped otherwise
84.4% still going

A further 2.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.7% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 678 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 · 55 lines
Balance sheet Code20242025
Assets
Total assets20/58€6.7m€1.2m▼
Fixed assets21/28€0.02m€0.02m=
Financial fixed assets28€0.02m€0.02m=
Affiliated companies280/1€0.02m€0.02m=
Participating interests280€0.02m€0.02m=
Current assets29/58€6.7m€1.2m▼
Stocks and contracts in progress3€5.0m€0.7m▼
Stocks30/36€5.0m€0.7m▼
Goods purchased for resale34€5.0m€0.7m▼
Amounts receivable within one year40/41€0.8m€0.3m▼
Trade receivables40€0.8m€0.2m▼
Other amounts receivable41€0.04m€0.1m▲
Cash at bank and in hand54/58€0.3m€0.05m▼
Deferred charges and accrued income490/1€0.5m€0.1m▼
Equity and liabilities
Total equity and liabilities10/49€6.7m€1.2m▼
Equity10/15-€0.4m-€1.2m▼
Contributions10/11€0.3m€0.3m=
Capital10€0.3m€0.3m=
Issued capital100€0.3m€0.3m=
Reserves13€0.4m€0.4m=
Non-distributable reserves130/1€0.03m€0.03m=
Legal reserve130€0.03m€0.03m=
Distributable reserves133€0.4m€0.4m=
Profit (loss) carried forward14-€1.0m-€1.8m▼
Amounts payable17/49€7.0m€2.4m▼
Amounts payable within one year42/48€7.0m€2.4m▼
Trade debts44€0.4m€0.04m▼
Suppliers440/4€0.4m€0.04m▼
Other amounts payable47/48€6.6m€2.3m▼
Accrued charges and deferred income492/3€0.03m€0.007m▼
Income statement Code20242025
Operating income70/76A€8.6m€7.9m▼
Turnover70€8.6m€7.8m▼
Other operating income74€0.01m€0.03m▲
Non-recurring operating income76A-€0.05m
Operating charges60/66A€9.2m€8.4m▼
Goods for resale, raw materials and consumables60€8.2m€7.6m▼
Purchases600/8€6.2m€3.2m▼
Change in stocks: decrease (increase)609€2.0m€4.3m▲
Services and other goods61€0.8m€0.7m▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.2m€0.2m▲
Other operating charges640/8€0.005m€0.004m▼
Non-recurring operating charges66A€0.002m-
Operating profit (loss)9901-€0.5m-€0.6m▼
Financial income75/76B€0.06m€0.03m▼
Recurring financial income75€0.06m€0.03m▼
Income from current assets751€0.06m€0.03m▼
Financial charges65/66B€0.5m€0.3m▼
Recurring financial charges65€0.5m€0.3m▼
Debt charges650€0.5m€0.3m▼
Other financial charges652/9-€0.001m
Profit (loss) for the period before taxes9903-€1.0m-€0.8m▲
Profit (loss) for the period9904-€1.0m-€0.8m▲
Profit (loss) for the period to be appropriated9905-€1.0m-€0.8m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1.0m-€1.8m▼
Profit (loss) brought forward from the previous period14P--€1.0m

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Operating income70/76A-€0.1m€0.2m€7.1m€10.0m€14.9m€8.6m€7.9m▼ 9.0%
Turnover70€0.5m€0.1m€0.2m€7.1m€10.0m€14.9m€8.6m€7.8m▼ 9.8%
Other operating income74-€0.007m€4-€0.006m-€0.01m€0.03m▲ 158%
Non-recurring operating income76A--€0.04m----€0.05m-
Operating charges60/66A-€0.2m€0.4m€8.4m€10.7m€14.2m€9.2m€8.4m▼ 8.2%
Goods for resale, raw materials and consumables60-€0.01m€0.02m€7.7m€9.8m€13.3m€8.2m€7.6m▼ 7.9%
Purchases600/8-€0.01m€0.02m€12.7m€12.9m€12.2m€6.2m€3.2m▼ 47.9%
Change in stocks: decrease (increase)609----€5.0m-€3.1m€1.1m€2.0m€4.3m▲ 118%
Services and other goods61-€0.01m€0.2m€0.6m€0.6m€0.7m€0.8m€0.7m▼ 14.5%
Remuneration, social security and pensions62-€0.03m-------
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.002m--------
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0.004m€0.2m€0.1m€0.2m€0.2m€0.2m€0.2m▲ 5.0%
Other operating charges640/8-€391€0.001m€301€452€309€0.005m€0.004m▼ 24.4%
Non-recurring operating charges66A-€0.09m-€0.002m--€0.002m--
Operating profit (loss)9901-€0.4m-€0.02m-€0.2m-€1.3m-€0.6m€0.7m-€0.5m-€0.6m▼ 5.3%
Financial income75/76B-€0.1m€0.07m€0.05m€0.03m€0.05m€0.06m€0.03m▼ 56.2%
Recurring financial income75€0.1m€0.1m€0.07m€0.05m€0.03m€0.05m€0.06m€0.03m▼ 56.2%
Income from current assets751-€0.1m€0.07m€0.05m€0.03m€0.05m€0.06m€0.03m▼ 56.2%
Financial charges65/66B-€0.01m€0.01m€0.03m€0.3m€0.6m€0.5m€0.3m▼ 48.5%
Recurring financial charges65€0.02m€0.01m€0.01m€0.03m€0.3m€0.6m€0.5m€0.3m▼ 48.5%
Debt charges650---€0.03m€0.3m€0.6m€0.5m€0.3m▼ 48.7%
Other financial charges652/9-€0.01m€0.01m----€0.001m-
Profit (loss) for the period before taxes9903-€0.4m€0.07m-€0.1m-€1.3m-€0.9m€0.2m-€1.0m-€0.8m▲ 18.8%
Income taxes67/77--€9------
Taxes670/3--€9------
Profit (loss) for the period9904-€0.4m€0.07m-€0.1m-€1.3m-€0.9m€0.2m-€1.0m-€0.8m▲ 18.8%
Profit (loss) for the period to be appropriated9905-€0.4m€0.07m-€0.1m-€1.3m-€0.9m€0.2m-€1.0m-€0.8m▲ 18.8%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€3.7m€3.7m€2.9m€14.0m€10.1m€9.5m€6.7m€1.2m▼ 81.9%
Fixed assets21/28€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m=
Financial fixed assets28€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m=
Affiliated companies280/1-€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m=
Participating interests280-€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m=
Current assets29/58€3.7m€3.7m€2.9m€14.0m€10.1m€9.5m€6.7m€1.2m▼ 82.1%
Stocks and contracts in progress3---€5.0m€8.1m€7.0m€5.0m€0.7m▼ 86.1%
Stocks30/36---€5.0m€8.1m€7.0m€5.0m€0.7m▼ 86.1%
Goods purchased for resale34---€5.0m€8.1m€7.0m€5.0m€0.7m▼ 86.1%
Amounts receivable within one year40/41€3.5m€3.5m€2.8m€8.9m€1.8m€2.0m€0.8m€0.3m▼ 62.9%
Trade receivables40-€3.5m€2.8m€1.0m€1.8m€2.0m€0.8m€0.2m▼ 73.4%
Other amounts receivable41--€0.01m€7.9m€0.03m€0.04m€0.04m€0.1m▲ 134%
Cash at bank and in hand54/58€0.2m€0.1m€0.2m€0.09m€0.03m€0.2m€0.3m€0.05m▼ 82.8%
Deferred charges and accrued income490/1-€0.05m-€0.003m€0.2m€0.3m€0.5m€0.1m▼ 74.4%
Equity and liabilities
Total equity and liabilities10/49€3.7m€3.7m€2.9m€14.0m€10.1m€9.5m€6.7m€1.2m▼ 81.9%
Equity10/15€2.7m€2.8m€2.6m€1.4m€0.5m€0.7m-€0.4m-€1.2m▼ 230%
Contributions10/11€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m=
Capital10-€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m=
Issued capital100-€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m=
Reserves13€2.4m€2.5m€2.4m€1.1m€0.2m€0.4m€0.4m€0.4m=
Non-distributable reserves130/1--€0.03m€0.03m€0.03m€0.03m€0.03m€0.03m=
Legal reserve130-€0.03m€0.03m€0.03m€0.03m€0.03m€0.03m€0.03m=
Distributable reserves133-€2.5m€2.4m€1.1m€0.2m€0.4m€0.4m€0.4m=
Profit (loss) carried forward14-------€1.0m-€1.8m▼ 81.2%
Amounts payable17/49€1.0m€1.0m€0.3m€12.6m€9.6m€8.8m€7.0m€2.4m▼ 66.2%
Amounts payable within one year42/48€0.9m€0.9m€0.3m€12.6m€9.5m€8.4m€7.0m€2.4m▼ 66.1%
Financial debts43-€0.5m-------
Credit institutions430/8-€0.5m-------
Trade debts44€0.4m€0.4m€0.3m€0.3m€0.3m€0.4m€0.4m€0.04m▼ 89.3%
Suppliers440/4-€0.4m€0.3m€0.3m€0.3m€0.4m€0.4m€0.04m▼ 89.3%
Advances received on contracts in progress46-€0.006m€0.006m------
Taxes, remuneration and social security45--€0.001m€0.02m€0.006m----
Taxes450/3--€0.001m€0.02m€0.006m----
Other amounts payable47/48-€0.01m-€12.3m€9.2m€8.0m€6.6m€2.3m▼ 64.7%
Accrued charges and deferred income492/3-€0.08m-€0.03m€0.1m€0.4m€0.03m€0.007m▼ 80.2%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€0.4m€0.07m-€0.1m-€1.3m-€0.9m€0.2m-€1.0m-€0.8m▲ 18.8%
+ Depreciation and write-downs630€0.002m--------
Operating cash flow (approximation)-€0.4m€0.07m-€0.1m-€1.3m-€0.9m€0.2m-€1.0m-€0.8m▲ 18.8%
Investment in fixed assets (approximation)--€0€0€0€0€0€0€0-
Change in cash--€0.03m€0.02m-€0.07m-€0.06m€0.1m€0.1m-€0.2m-

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

Latest 10 of 48 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 22-07-2026 2026-00330747
31-12-2024 full format 11-06-2025 2025-00147332
31-12-2023 full format 16-07-2024 2024-00259472
31-12-2022 full format 05-07-2023 2023-00230732
31-12-2021 full format 04-07-2022 2022-20135366
31-12-2020 full format 30-06-2021 2021-28600218
31-12-2019 full format 22-09-2020 2020-55100435
31-12-2018 full format 06-06-2019 2019-16600325
31-12-2017 full format 24-05-2018 2018-13900070
31-12-2016 full format 31-05-2017 2017-14300386

Show all 48 filings

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 450 active companies whose main activity is wholesale trade (NACE 46360), figures are known for 294. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.