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Sorbus Alia

Active
Public limited companyfounded 2015active for 10 yearsEsplanade Oscar Van de Voorde 1, 9000 Gent, Belgium96 active companies are registered at this addressKBO/BCE: BE 0643.699.027
Summary

The annual accounts of Sorbus Alia for financial year 2025 show a net loss of 51% of total assets. The 2025 annual accounts show equity of €17,651 and a net result of -€9,611. Equity is shrinking by about 12% per year across the filed financial years. Its solvency ranks better than 90% of 5,766 sector peers (NACE 68, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).

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Sorbus AliaActiveChecked score 56/100
Risk analysis ReportCompare

Overview

Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203
1 site
Size
€18,738total assets 2025
Equity
€17,651
Loss
-€9,611
Financial health
56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
MG Real Estate · 100%
Board
6 members
Auditor: Ernst & Young Bedrijfsrevisoren2025 accounts 45 days early2 of 9 deeds summarised
Why 56raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €9,611, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 17.24, cash €11,698Equity €17,651 (94.2% of total assets)Size: total assets €18,738Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 52% of its sector peers (NACE 68, micro)
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. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 94.2% of total assets
Liquidity 100=
short-term debt 5.8% · cash 62.4%
Profitability 0=
return on assets -51.3%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,614 companies, NACE 68, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025highest value 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 17.24, above the usual 1.5; short-term debt: 5.8% and cash: 62.4% of total assets), and 5.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 91% on solvency, 98% on liquidity, 4% on profitability and 15% on growth.

The bankruptcy probability was computed on 25-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 17.24, cash €11,698
NBB · annual accounts
raises risk · Loss of €9,611, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Equity €17,651 (94.2% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €18,738
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
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 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€9,611
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 days early
2024
12 days late
2023
12 days late
2022
42 days early
2021
32 days early
2020
24 days early
2019
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 21 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed 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 29 June (4 of the last 5 filed years within 44 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointment: Ernst & Young Bedrijfsrevisoren (statutory…Appointments: MG RE Investment BV…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Risk: 7 loss-making years in a rowloss financial year 2025 -€9,611 View
  • Caution: Among the weakest 15% on equitysector median €946,058 · 5,767 companies €17,651 View
  • New directorslatest change 22-06-2026 · 6 in office 4 joined View
  • Controlled by MG Real Estateultimately: MG RE Invest S.A. 100% View

By topic

Financials

Financial year
2025
Total assets
€18,738
Loss
-€9,611
Solvency
94.2%
Total assets▼ 31.3%
Net result
20182025
Go to Financials

Board & ownership

Board
6 members
Parent
MG Real Estate · 100%
Auditor
Ernst & Young Bedrijfsrevisoren
  • MG RE InvestmentManaging director
  • 9000 EstateDirector
  • MEA VOTA ONEDirector
  • PRODITDirector
  • SCSDirector

and 1 other director

Go to Board & ownership

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 21-02-2025Resignation: MG Investment (director)
  2. 31-12-2024Weakest financial year
  3. 12-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased non-residential…NACE 68203
Founded
30-11-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
12
Annual meeting
Second Friday of June at 10:00
Purpose
“Onderneming in onroerende goederen,meer bepaald alle zakelijke of persoonlijke rechten in…” (deed in Dutch)
Go to Articles of association

Key facts about Sorbus Alia

What is the company number of Sorbus Alia?
0643.699.027. In Belgium the VAT number is the company number with BE in front: BE 0643.699.027.
Where is Sorbus Alia based?
The registered office is at Esplanade Oscar Van de Voorde 1, 9000 Gent.Company details
What does Sorbus Alia do?
According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of Sorbus Alia?
Public limited company (NV).
When was Sorbus Alia founded?
On 30-11-2015.
Is Sorbus Alia still active?
Yes, Sorbus Alia is an active enterprise in the KBO register.
What is the turnover of Sorbus Alia?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Sorbus Alia profitable?
In financial year 2025, Sorbus Alia made a loss of €9,611.
Where can I find the annual accounts of Sorbus Alia?
Sorbus Alia filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Sorbus Alia due?
By 31-07-2027, for financial year 2026.Timeline

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