Financials
- Financial year
- 2025
- Turnover
- €214,484
- Loss
- -€89,880
- Solvency
- 73.0%
Turnover▼ 63.3%
Net result
20222025
SOREP
ActiveSummary
The annual accounts of SOREP for financial year 2025 show a net loss of 131% of total assets and of 64% of the equity at the start of that year. The 2025 annual accounts show equity of €50,046 and a net result of -€89,880. Equity is growing by about 5.9% per year across the filed financial years. Its solvency ranks better than 78% of 34,699 sector peers (NACE 43, financial year 2025). The company has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).
Overview
Activity
Joinery installation
NACE 43320Other building finishing work NACE 43350
1 site
Size
€214,484turnover 2025
- Staff
- 2.8 FTE
- Equity
- €50,046
- Loss
- -€89,880
Structure
2025 accounts 4 days early
Why 55raises 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 €89,880 (financial year 2025)1 change of registered office in 24 monthslowers riskLiquidity: current ratio 3.18, cash €14,866, halvedEquity €50,046 (73.0% of total assets)Show the evidence
Checked score
Score 2025
55
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 38% of its sector peers (NACE 43, 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
Average
Solvency
98=
equity 73.0% of total assets
Liquidity
66-21
short-term debt 27.0% · cash 21.7%
Profitability
0-80
return on assets -131.1%
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%lowest value
12-2024: 0.1%● unchanged vs 11-2024lowest value
01-2025: 0.1%● unchanged vs 12-2024lowest value
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: 0.3%▲ +0.2 percentage points vs 07-2025
09-2025: 0.1%▼ -0.2 percentage points vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.3%▲ +0.2 percentage points vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.4%▲ +0.1 percentage points 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: 1.3%▲ +0.9 percentage points vs 07-2026highest value
09-2026: 1.3%● unchanged vs 08-2026highest value
10-2026: 1.3%● unchanged vs 09-2026highest value
Credit of up to €2,500 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 3.18, compared with 4.23 in 2024, above the usual 1.5; short-term debt: 27% and cash: 21.7% of total assets), and 27% 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 43, micro): better than 79% on solvency, 65% on liquidity, 4% on profitability and 5% on growth.
The bankruptcy probability was computed on 24-10-2026 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
Five signals.
lowers riskraises riskneutral
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 days early
2024
12 days late
2023
16 days late
2022
29 days late
2021
22 days late
2020
1 day early
2019
15 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 8 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% 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 17 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet -€89,880
- Registered office · MiscellaneousRegistered-office move
Key points
By topic
Timeline
- Events
- 29
- Since
- 2005
- Next accounts
- by 31-07-2027
- 12-08-2025Annual accounts filed
- 31-12-2024Highest result from 2018 to 2025
- 16-08-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Joinery installationNACE 43320
- Founded
- 27-05-2003
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about SOREP
- What is the company number of SOREP?
- 0480.355.183. In Belgium the VAT number is the company number with BE in front: BE 0480.355.183.
- Where is SOREP based?
- The registered office is at Rue Joseph Wauters 46, 4367 Crisnée.Company details
- What does SOREP do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of SOREP?
- Private limited company (BV).
- When was SOREP founded?
- On 27-05-2003.
- Is SOREP still active?
- Yes, SOREP is an active enterprise in the KBO register.
- How many employees does SOREP have?
- On average 2.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of SOREP?
- €214,484 in financial year 2025, according to the filed annual accounts.
- Is SOREP profitable?
- In financial year 2025, SOREP made a loss of €89,880.
- Where can I find the annual accounts of SOREP?
- SOREP filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SOREP due?
- By 31-07-2027, for financial year 2026.Timeline
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