Souverain 90
ActiveThe annual accounts of Souverain 90 for fiscal year 2025 show a net loss of 92% of the equity at the start of that year. The 2025 annual accounts show equity of €8k and a net result of €-87k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 14079 sector peers (fiscal year 2025). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability8▼-8
Solvency26▼-8
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.38 against 2.87 in 2024; short-term debt: 7.5% and cash: 0.2% of total assets), but 99.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
0.7%
Return on assets
-8.4%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-87k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 14079 sector peers (2025).
NBB · sector comparisonPosition among 14079 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
2 d late
2024
on the day
2023
on the day
2022
365 d late
2021
6 d early
2020
22 d late
2019
388 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€8k▼ 91.8%
2024 · €95k
2019: €-128k
2020: €-178k
2021: €27k
2022: €169k
2023: €149k
2024: €95k
2019 → 2025
Total assets
€1.04M▼ 3.8%
2024 · €1.08M
2019: €1.22M
2020: €1.17M
2021: €1.40M
2022: €1.17M
2023: €1.15M
2024: €1.08M
2019 → 2025
Net result
€-87k▼ 60.4%
2024 · €-54k
2019: €-58k
2020: €-50k
2021: €-65k
2022: €-83k
2023: €-20k
2024: €-54k
2019 → 2025
Working capital
€107k▼ 14.0%
2024 · €125k
2019: €183k
2020: €198k
2021: €182k
2022: €100k
2023: €172k
2024: €125k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€27k-€169k▲ 525%€149k▼ 11.6%€95k▼ 36.4%€8k▼ 91.8%
Operating result€-18k-€-36k▼ 102%€22k€-24k€-56k▼ 138%
Net result€-65k-€-83k▼ 27.2%€-20k▲ 76.4%€-54k▼ 177%€-87k▼ 60.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €56k in 2025 against €24k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.04M
Fixed assets
€856k▼ 4.0%
Current assets
€186k▼ 3.1%
Equity and liabilities €1.04M
Equity
€8k▼ 91.8%
Debt
€1.03M▲ 4.6%
The debt ratio rises from 91.2% to 99.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-21k▼
2024 · €12k
Cash flow
€-52k▼
2024 · €-19k
Solvency
0.7%▼
2024 · 8.8%
Current ratio
2.38▼
2024 · 2.87
Quick ratio
2.38▼
2024 · 2.87
ROA
-8.4%▼
2024 · -5.0%
Interest coverage
-0.66▼
2024 · 0.40
Debt
€1.03M▲
2024 · €988k
Debt ≤ 1 year
€78k▲
2024 · €67k
Debt > 1 year
€953k▲
2024 · €919k
A ratio outside any meaningful range has been withheld (balance sheet total €1.04M, equity €8k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.08M€1.04M▼
Fixed assets21/28€892k€856k▼
Tangible fixed assets22/27€890k€855k▼
Land and buildings22€890k€855k▼
Furniture and vehicles24€33€26▼
Financial fixed assets28€1k€1k=
Current assets29/58€192k€186k▼
Amounts receivable within one year40/41€184k€183k▼
Trade receivables40€178k€178k▼
Other amounts receivable41€6k€5k▼
Cash at bank and in hand54/58€7k€2k▼
Deferred charges and accrued income490/1€463€432▼
Equity and liabilities
Total equity and liabilities10/49€1.08M€1.04M▼
Equity10/15€95k€8k▼
Contributions10/11€237k€237k=
Revaluation surpluses12€227k€227k=
Reserves13€158k€158k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€138k€138k=
Profit (loss) carried forward14€-528k€-615k▼
Amounts payable17/49€988k€1.03M▲
Amounts payable after more than one year17€919k€953k▲
Financial debts170/4€919k€953k▲
Amounts payable within one year42/48€67k€78k▲
Current portion of amounts payable after more than one year42€21k€18k▼
Trade debts44€45k€59k▲
Suppliers440/4€45k€59k▲
Taxes, remuneration and social security45€0€300▲
Taxes450/3€0€300▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€3k€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€35k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€0▼
Other operating charges640/8€11k€7k▼
Gross operating margin9900€27k€-14k▼
Operating profit (loss)9901€-24k€-56k▼
Financial income75/76B€0€6▲
Recurring financial income75€0€6▲
Financial charges65/66B€31k€31k▲
Recurring financial charges65€31k€31k▲
Profit (loss) for the period before taxes9903€-54k€-87k▼
Profit (loss) for the period9904€-54k€-87k▼
Profit (loss) for the period to be appropriated9905€-54k€-87k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-528k€-615k▼
Profit (loss) brought forward from the previous period14P€-474k€-528k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
30-06
Financial
Weakest financial yearnet €-87k
Net result drops to €-87k, the lowest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 365 days late
2023
30-06
Financial
Liquidity doublescurrent ratio 4.12
Current ratio from 2.03 to 4.12; short-term debt falls from €98k to €55k.
2022
30-06
Financial
Equity above €150kEq €169k ▲525%
Equity rises from €27k to €169k.
25-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 22 days late
22-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 388 days late
2020
25-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 664 days late
07-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 706 days late
07-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 1071 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Watermaal-Bosvoorde · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Terhulpsesteenweg 1871170 Watermaal-BosvoordeGround area
9,553 m²
Building footprint
1,129 m²
Volume, LiDAR
22,443 m³
Parcel 21652E0051/00S002, Brussels · tallest building 25.2 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Terhulpsesteenweg 187, 1170 Watermaal-Bosvoorde
since 20042.326.417.316
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0051/00S002 | Brussels | 9,553 m² | 1 · 1,129 m² | 25.2 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 1,277 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-09-2004
Fiscal year end30-06
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.