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SOREGAM

Active
Public limited companyfounded 1990active for 36 yearsRue Prés de la Tour 55, 4051 Chaudfontaine, BelgiumKBO/BCE: BE 0441.825.201
Summary

SOREGAM has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.7m and a net result of €404,805. Equity remains stable across the filed financial years (±0.8% per year). Its solvency ranks better than 72% of 144 sector peers (NACE 24, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Manufacture of basic metals
NACE 24510
Largest company by equity in Chaudfontaine, Manufacturing sector1 site
Size
€11.0mturnover 2025
Staff
6.8 FTE
Equity
€7.7m
Profit
€404,805
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Parent
MAGOTTEAUX INTERNATIONAL · 100%
Holdings
5
Accounts 74 days early3 of 22 deeds read
Why 85raises riskLiquidity: current ratio 0.93, cash €7,808Sector: Manufacture of basic metals (NACE 24)lowers riskFounded in 1990Equity €7.7m (69.1% of total assets)Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 62% of its sector peers (NACE 24, micro)
Financial strength · tick = 2024
Strong
Solvency 94-5
equity 69.1% of total assets
Liquidity 37-3
short-term debt 30.9% · cash 0.1%
Profitability 82=
return on assets 3.6%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (202 companies, NACE 24, micro)
Last 24 months 11-2024: 1.0% 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 0.9%▼ -0.1 percentage points vs 01-2025 03-2025: 1.0%▲ +0.1 percentage points vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025highest value 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 0.4%▼ -0.6 percentage points vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026lowest value 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €650,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.93, compared with 1.56 in 2024, below 1; short-term debt: 30.9% and cash: 0.1% of total assets), and 30.9% 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 24, micro): better than 75% on solvency, 32% on liquidity, 71% on profitability and 71% on growth.

The bankruptcy probability was computed on 20-10-2026 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
raises risk · Liquidity: current ratio 0.93, cash €7,808
NBB · annual accounts
lowers risk · Founded in 1990
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Manufacture of basic metals (NACE 24)
KBO
lowers risk · Equity €7.7m (69.1% of total assets)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €7.7m
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 18-05-2026, 74 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
74 days early
2024
36 days early
2023
62 days early
2022
33 days early
2021
38 days early
2020
37 days early
2019
31 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 44 days before the deadline; the sector median (NACE 24) for financial year 2024 is 15 days before the deadline, and 29% 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 23 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
21-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Resignations: DOMARC SRL, Pablo Francisco Eltesch…Reappointments: DOMARC SRL, Pablo Francisco…
  3. Highest result from 2018 to 2025net €404,805 ▲29.2%

Key points

  • Positive: Largest company by equity in Chaudfontaine, Manufacturing sectorin the Checked rankings No. 1 View
  • Positive: 6 years of growth in a rowturnover 2025: €11.0m 6 years View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by MAGOTTEAUX INTERNATIONALultimately: SIGDO KOPPERS S A 100% View
  • Positive: Result rose in 2025from €313,357 to €404,805 ▲ 29.2% View

By topic

Financials

Financial year
2025
Turnover
€11.0m
Profit
€404,805
Solvency
69.1%
Turnover▲ 19.5%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Parent
MAGOTTEAUX INTERNATIONAL · 100%
  • Domarc SRLDirector
  • Pablo Francisco Eltesch FigueroaDirector
  • Yvan DemarcheDirector
Go to Board & ownership

Timeline

Events
41
Since
1992
Next accounts
by 31-07-2027
  1. 25-06-2025Annual accounts filed
  2. 24-01-2025Resignation: CALEOSRL (director)
  3. 31-12-2024Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of basic metalsNACE 24510
Founded
05-10-1990
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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