Losses
-€922,531 in three years
Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.
SOUVERAIN 24
Lifetime
6 annual accounts with figures on one time axisGross marginpeak €1.0m (2023)
€369,207▲ 204%
Resultlowest -€519,100 (2020)
-€293,086▲ €178,231
Equitypeak €2.0m (2025)
€2.0m▲ €2.2m
Debts
€4.6m▼ 25.7%
Staffpeak 0 FTE (2023)
0 FTE
Board1 name since 2020
1 directorBiard Sylvain
Owners
consolidatesCHASSELAS INVESTISSEMENTS
Documentsfilings and deeds
27-07-20264 days before the deadline
2025abbreviated format
Gross margin from €121,421 to €369,207Loss of €293,086Capital contribution of €2,500,000 15-12Equity from -€227,256 to €2.0mDebts from €6.1m to €4.6mCash from €38,446 to €811,324
Key points
from the 2025 annual accountsTurnover
≈ €870,000 estimated
The accounts state no turnover.
Investments
€16,921 0.1 × depreciation
Green is investment, beige is depreciation.
Liquidity
2.12 was 0.14 in 2024
Short-term debts fell from €1.7m to €492,266.
Filings
6 annual accounts since 2020
The last five annual accounts were filed 4 to 29 days before the end of the period.
At the same address
86 companies
Checked score
95
Excellent
Financially stronger than 56% of small companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 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).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.3%▲ +0.1 percentage points vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.5%▲ +0.1 percentage points vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.6%▲ +0.1 percentage points vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.7%▲ +0.1 percentage points vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026highest value
08-2026: 0.1%▼ -0.6 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Founded in 2019
Loss of €293,086, the second in a row (financial year 2025)
lowers risk
Size: total assets €6.6m
Figures for financial year 2025 (filed on 27-07-2026)
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 (no NACE code, small). It does better than 34% of them on solvency, 87% on liquidity, 5% on profitability and 99% on growth.
The bankruptcy probability was computed on 04-11-2026 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 very low class on 30-06-2025, 0.1% 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, 119 companies had the same profile as SOUVERAIN 24 has now. Each dot is one company, two years later.
95.8%
were still trading
4.2%
stopped another way
0.0%
went bankrupt
That fits the bankruptcy probability of SOUVERAIN 24 itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 119 companies, not a prediction for SOUVERAIN 24. 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
Credit of up to €180,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.12 (0.14 in 2024), above the usual 1.5. Short-term debt is 7.5% and cash 12.4% of total assets. However, 69.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
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 · 6 filingsDeviation from the deadline
2025
4 days early
2024
7 days early
2023
29 days early
2022
19 days early
2021
19 days early
2020
29 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 6 accounts on average 18 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were 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 12 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
BS
Biard Sylvain
Director, since 16-06-2020
- CHASSELAS INVESTISSEMENTS SA 100%annual accounts 2024
- CHASSELAS INVESTISSEMENTS consolidatesannual accounts 2025
Recent changes
Capital contribution of €2,500,000
Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0722988807
Incorporation
published on 25-03-2019 · Gazette deed
First establishment
Vorstlaan 24, Watermael-Boitsfort
Official details
Source: KBO- Status
- Active since 21-03-2019Normal situation
- Registered office
- 87 active companies are registered at this address4 started in the 12 months before. Source: KBO register, as of 5 November 2026.
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.287.808.5441170 Watermael-Boitsfort, since 21-03-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 30-10-2025
Annual accounts 2025
- Total assets
- €6.6m▲ 10.6%
- Filing
- Filed on 27-07-2026, 4 days before the end of the filing period
Insights on SOUVERAIN 24
SOUVERAIN 24 files the abbreviated format. That format states no turnover. The gross margin fell from €704,183 in 2020 to €369,207 in 2025.
CHASSELAS INVESTISSEMENTS SA holds all the shares.
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 SOUVERAIN 24
- What is the company number of SOUVERAIN 24?
- The company number of SOUVERAIN 24 is 0722.988.807. The VAT number is the same number with BE in front: BE 0722.988.807.
- Where is SOUVERAIN 24 based?
- The registered office is at Vorstlaan 24, 1170 Watermael-Boitsfort.Company details
- What is the legal form of SOUVERAIN 24?
- SOUVERAIN 24 is a private limited company (BV).
- When was SOUVERAIN 24 founded?
- SOUVERAIN 24 was founded on 21-03-2019.
- Is SOUVERAIN 24 still active?
- Yes, SOUVERAIN 24 is an active enterprise in the KBO register.
- What is the turnover of SOUVERAIN 24?
- The turnover in financial year 2025 is ≈ €870,000. This figure is estimated from the gross margin of €369,207 and 2,281 comparable companies of the same size. It probably lies between €520,000 and €1.5m. It is a rough estimate.Financials
- Is SOUVERAIN 24 profitable?
- In financial year 2025, SOUVERAIN 24 made a loss of €293,086.
- Where can I find the annual accounts of SOUVERAIN 24?
- SOUVERAIN 24 filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SOUVERAIN 24 due?
- SOUVERAIN 24 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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