Equity
-€2,893
Debts exceed assets in financial year 2025.
SORTISOL
Lifetime
2 annual accounts with figures on one time axispeak €110,475 (2024)
€95,669▼ 13.4%
lowest -€12,717 (2024)
€4,824▲ €17,541
peak -€2,893 (2025)
-€2,893▲ €4,824
€186,604▼ 1.3%
Board1 name since 2023
1 directorBELTOSCHI Sorin
Documentsfilings and deeds
25-08-202625 days late
2025micro format
Gross margin from €110,475 to €95,669Back to profit: €4,824Equity from -€7,717 to -€2,893Cash from €15,694 to €49,481
Key points
from the 2025 annual accountsDebts
€186,604 102% of the balance sheet
Suppliers 59%Taxes and wages 21%Other 20%
Of this, €180,130 falls due within a year.
Position in the sector
-€2,893
Less equity than 91% of companies in specialised construction. Sector median €57,691 · 35,148 companies.
2025 accounts filed 25 days after the deadline
Checked score
55
Fair
Financially stronger than 39% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2025: 2.0%
02-2025: 2.0%● unchanged vs 01-2025
03-2025: 2.0%● unchanged vs 02-2025
04-2025: 2.5%▲ +0.5 percentage points vs 03-2025
05-2025: 2.5%● unchanged vs 04-2025
06-2025: 2.8%▲ +0.3 percentage points vs 05-2025
07-2025: 3.1%▲ +0.3 percentage points vs 06-2025
08-2025: 3.2%▲ +0.1 percentage points vs 07-2025
09-2025: 2.7%▼ -0.5 percentage points vs 08-2025
10-2025: 2.7%● unchanged vs 09-2025
11-2025: 2.7%● unchanged vs 10-2025
12-2025: 2.8%▲ +0.1 percentage points vs 11-2025
01-2026: 2.8%● unchanged vs 12-2025
02-2026: 2.8%● unchanged vs 01-2026
03-2026: 2.8%● unchanged vs 02-2026
04-2026: 3.0%▲ +0.2 percentage points vs 03-2026
05-2026: 3.0%● unchanged vs 04-2026
06-2026: 2.9%▼ -0.1 percentage points vs 05-2026
07-2026: 2.9%● unchanged vs 06-2026
08-2026: 3.4%▲ +0.5 percentage points vs 07-2026highest value
09-2026: 1.4%▼ -2.0 percentage points vs 08-2026lowest value
10-2026: 1.4%● unchanged vs 09-2026lowest value
11-2026: 1.4%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Founded in 2023
Negative equity -€2,893
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 1.00, cash €49,481
Calculation
The band follows from the bankruptcy probability. 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). It does better than 8% of them on solvency, 22% on liquidity, 42% on profitability and 86% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 516 companies had the same profile as SORTISOL has now. Each dot stands for 2 companies, two years later.
91.9%
were still trading
2.5%
stopped another way
4.5%
went bankrupt
Another 1.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SORTISOL itself: 1.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 516 companies, not a prediction for SORTISOL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 1.0 (0.95 in 2024), below 1. Short-term debt is 98.1% and cash 26.9% of total assets. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 35136 sector peers (2025).
NBB · sector comparisonPosition among 35136 sector peers
Solvency
better than 9%
← weakest
strongest →
raises risk · 2025 accounts filed 25 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
25 days late
2024
24 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 25 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 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.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1003067102
Incorporation
Founding capital of €5,000, 500 shares · Founder: BELTOSCHI Sorin · Appointment: BELTOSCHI Sorin (director) · published on 08-12-2023 · Gazette deed
First establishment
Rue Cense de la Motte 49, Manage
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SORTISOL Brussels | €183,711 | €95,669 | -1.6% | - |
| Eu Rope Anderlecht | €198,882 | €133,297 | 36.9% | - |
| BELGYN Anderlecht | €200,711 | €64,973 | 27.0% | - |
| Iso-Kurk Vlaams-Brabant Aarschot | €190,910 | €72,551 | 31.2% | - |
| Fire Protection Projects Nijlen | €195,784 | €111,215 | 79.9% | - |
| S.T. Air Isolation Vilvoorde | €220,879 | €74,628 | 18.1% | - |
| Mitrovic Isolatie Antwerp | €161,067 | €70,637 | 31.8% | - |
These companies have the same main activity as SORTISOL: insulation installation (NACE 43230). They are comparable in size and age: total assets between €161,000 and €221,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 06-12-2023Normal situation
- Activity
- Insulation installationNACE 43230and 2 others
- Joint committee
- 209White-collar workers in metal manufacturing · annual accounts 2025
- Establishment unit
- 2.353.119.6347170 Manage, since 06-12-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 28-04-2025
Annual accounts 2025
- ≈ €380,000estimated
- €183,711▲ 1.3%
- Employeeson 31-12-2025
- 1
- Filing
- Filed on 25-08-2026
Insights on SORTISOL
SORTISOL has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€2,893) and a net result of €4,824.
Its solvency ranks better than 9% of 35,136 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SORTISOL
- What is the company number of SORTISOL?
- The company number of SORTISOL is 1003.067.102. The VAT number is the same number with BE in front: BE 1003.067.102.
- Where is SORTISOL based?
- The registered office is at Richard Neyberghlaan 30, 1020 Brussels.Company details
- What does SORTISOL do?
- According to the KBO register, the main activity is insulation installation (NACE 43230).
- What is the legal form of SORTISOL?
- SORTISOL is a private limited company (BV).
- When was SORTISOL founded?
- SORTISOL was founded on 06-12-2023.
- Is SORTISOL still active?
- Yes, SORTISOL is an active enterprise in the KBO register.
- How many employees does SORTISOL have?
- SORTISOL had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does SORTISOL fall under?
- In its 2025 annual accounts, SORTISOL states joint committee 209 (White-collar workers in metal manufacturing).
- What is the turnover of SORTISOL?
- The turnover in financial year 2025 is ≈ €380,000. This figure is estimated from the gross margin of €95,669 and 105 comparable companies (NACE 432). It probably lies between €270,000 and €550,000.
- Is SORTISOL profitable?
- In financial year 2025, SORTISOL made a profit of €4,824.
- Where can I find the annual accounts of SORTISOL?
- SORTISOL filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SORTISOL due?
- SORTISOL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.