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SOVAGE

Active
Private limited companyfounded 20242 yrs activePlace Saint-Cornélis, Bos. 2, 5032 Gembloux, BelgiumKBO/BCE: BE 1008.717.549
Summary

The computed 12-month bankruptcy probability of SOVAGE is 2.3% (moderate). The 2025 annual accounts show negative equity (-€8,496) and a net result of -€13,496. Its solvency ranks better than 27% of 1311 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability59
Solvency20
Growth-
Track record67
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.14; short-term debt: 104.7% and cash: 9.8% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
-4.7%
Return on assets
-7.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Accommodation (NACE 55)
about 6% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 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 · 1 filing
Deviation from the deadline
2025
5 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 23 April 2024, SOVAGE was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€8,496
Total assets
€180,836
Net result
-€13,496
Working capital
-€163,489

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €180,836
Fixed assets €154,993
Current assets €25,842
Key figures and ratios
2025 value
EBITDA
€20,113
Cash flow
€19,061
Solvency
-4.7%
Current ratio
0.14
Debt to equity
-22.28
ROA
-7.5%
Interest coverage
19.94
Debt
€189,332
Debt ≤ 1 year
€189,332
Income taxes
€44
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€180,836
Fixed assets21/28€154,993
Tangible fixed assets22/27€154,993
Land and buildings22€145,370
Plant, machinery and equipment23€3,217
Furniture and vehicles24€6,407
Current assets29/58€25,842
Amounts receivable within one year40/41€6,801
Trade receivables40€6,801
Cash at bank and in hand54/58€17,786
Deferred charges and accrued income490/1€1,255
Equity and liabilities
Total equity and liabilities10/49€180,836
Equity10/15-€8,496
Contributions10/11€5,000
Profit (loss) carried forward14-€13,496
Amounts payable17/49€189,332
Amounts payable within one year42/48€189,332
Trade debts44€3,278
Suppliers440/4€3,278
Taxes, remuneration and social security45€328
Taxes450/3€328
Other amounts payable47/48€185,725
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32,557
Other operating charges640/8€893
Gross operating margin9900€21,006
Operating profit (loss)9901-€12,443
Financial charges65/66B€1,009
Recurring financial charges65€1,009
Profit (loss) for the period before taxes9903-€13,452
Income taxes67/77€44
Profit (loss) for the period9904-€13,496
Profit (loss) for the period to be appropriated9905-€13,496
Appropriation of the result
Profit (loss) to be appropriated9906-€13,496

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32,557
Other operating charges640/8€893
Gross operating margin9900€21,006
Operating profit (loss)9901-€12,443
Financial charges65/66B€1,009
Recurring financial charges65€1,009
Profit (loss) for the period before taxes9903-€13,452
Income taxes67/77€44
Profit (loss) for the period9904-€13,496
Profit (loss) for the period to be appropriated9905-€13,496
Line2025
Assets
Total assets20/58€180,836
Fixed assets21/28€154,993
Tangible fixed assets22/27€154,993
Land and buildings22€145,370
Plant, machinery and equipment23€3,217
Furniture and vehicles24€6,407
Current assets29/58€25,842
Amounts receivable within one year40/41€6,801
Trade receivables40€6,801
Cash at bank and in hand54/58€17,786
Deferred charges and accrued income490/1€1,255
Equity and liabilities
Total equity and liabilities10/49€180,836
Equity10/15-€8,496
Contributions10/11€5,000
Profit (loss) carried forward14-€13,496
Amounts payable17/49€189,332
Amounts payable within one year42/48€189,332
Trade debts44€3,278
Suppliers440/4€3,278
Taxes, remuneration and social security45€328
Taxes450/3€328
Other amounts payable47/48€185,725
Line2025
Profit (loss) for the period9904-€13,496
+ Depreciation and write-downs630€32,557
Operating cash flow (approximation)€19,061

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
05-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Gembloux · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1,520 m²
Building footprint
455 m²
Volume, LiDAR
5,292 m³
Parcel 92019C0311/00P000, Wallonia · tallest building 15.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SOVAGE
Place Saint-Cornélis, Bos. 2, 5032 GemblouxHoliday cottages, homes and apartments
since 20242.359.454.625
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92019C0311/00P000 Wallonia 1,520 m² 1 · 455 m² 15.2 m · 4 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.

Similar companies · same sector and region

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 3,005 companies in sector 55203 we hold annual accounts for 692. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded23-04-2024
Fiscal year end31-12
Activities, NACEBEL 2025
55203Holiday cottages, homes and apartments
55204Guest rooms (bed and breakfast)
55209Other holiday and short-stay accommodation
68201Renting and operating of own or leased residential real estate, excluding social housing
Contact
E-mail gregoirekengen@hotmail.com

Scores and ratios are computed by Checked and are not a credit decision.