SORESTA
ActiveSummary
SORESTA has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€3,865) and a net result of €1,312. Equity is growing by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 19% of 26049 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability74▲+3
Solvency13▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.81 against 0.79 in 2023; short-term debt: 112% and cash: 11.5% of total assets), and equity is negative.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-12%
Return on assets
4.1%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 26049 sector peers (2024).
NBB · sector comparisonPosition among 26049 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-05-2025, 72 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
72 d early
2023
48 d early
2022
49 d early
2021
52 d early
2020
51 d early
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 30 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€3,865▲ 25.3%
2023 · -€5,177
Total assets
€32,220▲ 30.9%
2023 · €24,613
Net result
€1,312▲ 225%
2023 · €403
Working capital
-€6,958▼ 10.5%
2023 · -€6,295
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€626-€602€2,642€457▼ 82.7%€1,354▲ 196%
Net result€232within the sector's middle half▼ 99.5%-€1,108within the sector's middle half€2,191within the sector's middle half€403within the sector's middle half▼ 81.6%€1,312within the sector's middle half▲ 225%
Equity-€6,663below the sector's middle half▲ 3.4%-€7,771below the sector's middle half▼ 16.6%-€5,580below the sector's middle half▲ 28.2%-€5,177below the sector's middle half▲ 7.2%-€3,865below the sector's middle half▲ 25.3%
Total assets€23,263below the sector's middle half▼ 15.7%€17,712below the sector's middle half▼ 23.9%€21,782below the sector's middle half▲ 23.0%€24,613below the sector's middle half▲ 13.0%€32,220below the sector's middle half▲ 30.9%
Debt€29,926▼ 13.2%€25,483▼ 14.8%€27,363▲ 7.4%€29,791▲ 8.9%€36,085▲ 21.1%
Working capital-€6,663within the sector's middle half▲ 3.4%-€9,018below the sector's middle half▼ 35.4%-€7,376within the sector's middle half▲ 18.2%-€6,295within the sector's middle half▲ 14.7%-€6,958within the sector's middle half▼ 10.5%
Solvency-28.6%below the sector's middle half▼ 3.6pp-43.9%below the sector's middle half▼ 15.2pp-25.6%below the sector's middle half▲ 18.3pp-21.0%below the sector's middle half▲ 4.6pp-12.0%below the sector's middle half▲ 9.0pp
Current ratio0.78below the sector's middle half▼ 0.020.65below the sector's middle half▼ 0.130.73below the sector's middle half▲ 0.080.79below the sector's middle half▲ 0.060.81below the sector's middle half▲ 0.02
Return on assets (ROA)1.0%within the sector's middle half▼ 176.8pp-6.3%below the sector's middle half▼ 7.3pp10.1%within the sector's middle half▲ 16.3pp1.6%within the sector's middle half▼ 8.4pp4.1%within the sector's middle half▲ 2.4pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 196% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €32,220
Fixed assets
€3,093 ▲ 177%
Current assets
€29,126 ▲ 24.0%
Key figures and ratios
EBITDA
€2,673▲
2023 · €1,135
Cash flow
€2,631▲
2023 · €1,081
Debt to equity
-9.34▼
2023 · -5.75
Interest coverage
45.70▲
2023 · 21.01
Debt ≤ 1 year
€36,085▲
2023 · €29,791
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,448 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 92% are still going.
- Micro
- 20 years or older
- negative equity
- a profit under 5% of the balance sheet
2.1%
went bankrupt
4.8%
stopped otherwise
92%
still going
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 1,448 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €73 | €640 | €678 | €1,319 | ▲ 94.6% |
| Other operating charges640/8 | - | €348 | €348 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | €808 | -€181 | €3,630 | €1,520 | €3,061 | ▲ 101% |
| Operating profit (loss)9901 | €626 | -€602 | €2,642 | €457 | €1,354 | ▲ 196% |
| Financial income75/76B | - | - | - | - | €17 | - |
| Recurring financial income75 | - | - | - | - | €17 | - |
| Financial charges65/66B | - | €506 | €452 | €54 | €59 | ▲ 8.3% |
| Recurring financial charges65 | €394 | €506 | €452 | €54 | €59 | ▲ 8.3% |
| Profit (loss) for the period before taxes9903 | €232 | -€1,108 | €2,191 | €403 | €1,312 | ▲ 225% |
| Profit (loss) for the period9904 | €232 | -€1,108 | €2,191 | €403 | €1,312 | ▲ 225% |
| Profit (loss) for the period to be appropriated9905 | €232 | -€1,108 | €2,191 | €403 | €1,312 | ▲ 225% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €23,263 | €17,712 | €21,782 | €24,613 | €32,220 | ▲ 30.9% |
| Fixed assets21/28 | - | €1,247 | €1,796 | €1,118 | €3,093 | ▲ 177% |
| Tangible fixed assets22/27 | - | €1,247 | €1,796 | €1,118 | €3,093 | ▲ 177% |
| Furniture and vehicles24 | - | €1,247 | €1,796 | €1,118 | €3,093 | ▲ 177% |
| Current assets29/58 | €23,263 | €16,465 | €19,986 | €23,495 | €29,126 | ▲ 24.0% |
| Amounts receivable within one year40/41 | €18,063 | €15,750 | €18,304 | €19,936 | €25,342 | ▲ 27.1% |
| Trade receivables40 | - | €3,100 | €3,754 | €2,786 | €2,692 | ▼ 3.4% |
| Other amounts receivable41 | - | €12,650 | €14,550 | €17,150 | €22,650 | ▲ 32.1% |
| Cash at bank and in hand54/58 | €4,694 | €283 | €1,221 | €3,093 | €3,702 | ▲ 19.7% |
| Deferred charges and accrued income490/1 | - | €432 | €462 | €466 | €82 | ▼ 82.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €23,263 | €17,712 | €21,782 | €24,613 | €32,220 | ▲ 30.9% |
| Equity10/15 | -€6,663 | -€7,771 | -€5,580 | -€5,177 | -€3,865 | ▲ 25.3% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €3,099 | €3,099 | €3,099 | €3,099 | €3,099 | = |
| Non-distributable reserves130/1 | - | €3,099 | €3,099 | €3,099 | €3,099 | = |
| Legal reserve130 | - | €3,099 | €3,099 | €3,099 | €3,099 | = |
| Profit (loss) carried forward14 | -€71,762 | -€72,870 | -€70,679 | -€70,276 | -€68,964 | ▲ 1.9% |
| Amounts payable17/49 | €29,926 | €25,483 | €27,363 | €29,791 | €36,085 | ▲ 21.1% |
| Amounts payable within one year42/48 | €29,926 | €25,483 | €27,363 | €29,791 | €36,085 | ▲ 21.1% |
| Trade debts44 | €2,401 | €968 | €3,004 | €1,100 | €1,329 | ▲ 20.8% |
| Suppliers440/4 | - | €968 | €3,004 | €1,100 | €1,329 | ▲ 20.8% |
| Taxes, remuneration and social security45 | - | €326 | €1,271 | €594 | €396 | ▼ 33.4% |
| Taxes450/3 | - | €326 | €1,271 | €594 | €396 | ▼ 33.4% |
| Other amounts payable47/48 | - | €24,188 | €23,088 | €28,096 | €34,360 | ▲ 22.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €232 | -€1,108 | €2,191 | €403 | €1,312 | ▲ 225% |
| + Depreciation and write-downs630 | - | €73 | €640 | €678 | €1,319 | ▲ 94.6% |
| Operating cash flow (approximation) | €232 | -€1,035 | €2,831 | €1,081 | €2,631 | ▲ 143% |
| Investment in fixed assets (approximation) | - | - | -€1,189 | €0 | -€3,295 | - |
| Change in cash | - | -€4,411 | €938 | €1,872 | €609 | ▼ 67.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
20-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €2,191
Net result €2,191 after one loss-making year.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Back to profitnet €49,051
Net result €49,051 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
17-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 1981
Ground area
330 m²
Building footprint
136 m²
Volume, LiDAR
1,987 m³
Parcel 21443C0190/00H014, Brussels · tallest building 19.1 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
SORESTA
since 19812.102.316.830
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21443C0190/00H014 | Brussels | 330 m² | 1 · 136 m² | 19.1 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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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 764 companies in sector 47552 we hold annual accounts for 444. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded21-08-1981
Fiscal year end31-12
Activities, NACEBEL 2025
47552Retail sale of lighting equipment
77399Renting and leasing of other machinery, equipment and tangible goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0421799649
Also
9925:BE0421799649
Registered
13-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.