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SOVAKO

Active
Private limited companyfounded 20242 yrs activeSchaapbruggestraat 50, 8800 Roeselare, BelgiumKBO/BCE: BE 1011.430.381
Summary

The computed 12-month bankruptcy probability of SOVAKO is 2.1% (moderate). The 2025 annual accounts show equity of €4.9m and a net result of €13,571. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability38
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €290,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.49; short-term debt: 8.1% and cash: 0% of total assets), and 8.2% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
91.8%
Return on assets
0.3%
Age of the figures
9 mo
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 02-07-2026, 29 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
29 d early
← 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 10 July 2024, SOVAKO 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, abbreviated schema

Equity
€4.9m
Total assets
€5.3m
Net result
€13,571
Working capital
€211,014

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

Balance-sheet composition
Assets €5.3m
Fixed assets €4.7m
Current assets €641,907
Equity and liabilities €5.3m
Equity €4.9m
Debt €434,809
Debt finances 8.2% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
1.49
Debt to equity
0.09
ROE
0.3%
ROA
0.3%
Debt ≤ 1 year
€430,893
Income taxes
€4,524
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€5.3m
Fixed assets21/28€4.7m
Financial fixed assets28€4.7m
Current assets29/58€641,907
Amounts receivable after more than one year29€519,121
Other amounts receivable291€519,121
Amounts receivable within one year40/41€121,981
Other amounts receivable41€121,981
Cash at bank and in hand54/58€805
Equity and liabilities
Total equity and liabilities10/49€5.3m
Equity10/15€4.9m
Contributions10/11€4.9m
Profit (loss) carried forward14€13,571
Amounts payable17/49€434,809
Amounts payable within one year42/48€430,893
Trade debts44€733
Suppliers440/4€733
Taxes, remuneration and social security45€3,873
Taxes450/3€3,873
Other amounts payable47/48€426,287
Accrued charges and deferred income492/3€3,916
Income statement Code2025
Other operating charges640/8€915
Gross operating margin9900-€28,081
Operating profit (loss)9901-€28,996
Financial income75/76B€51,243
Recurring financial income75€51,243
Financial charges65/66B€4,153
Recurring financial charges65€4,153
Profit (loss) for the period before taxes9903€18,094
Income taxes67/77€4,524
Profit (loss) for the period9904€13,571
Profit (loss) for the period to be appropriated9905€13,571
Appropriation of the result
Profit (loss) to be appropriated9906€13,571

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€915
Gross operating margin9900-€28,081
Operating profit (loss)9901-€28,996
Financial income75/76B€51,243
Recurring financial income75€51,243
Financial charges65/66B€4,153
Recurring financial charges65€4,153
Profit (loss) for the period before taxes9903€18,094
Income taxes67/77€4,524
Profit (loss) for the period9904€13,571
Profit (loss) for the period to be appropriated9905€13,571
Line2025
Assets
Total assets20/58€5.3m
Fixed assets21/28€4.7m
Financial fixed assets28€4.7m
Current assets29/58€641,907
Amounts receivable after more than one year29€519,121
Other amounts receivable291€519,121
Amounts receivable within one year40/41€121,981
Other amounts receivable41€121,981
Cash at bank and in hand54/58€805
Equity and liabilities
Total equity and liabilities10/49€5.3m
Equity10/15€4.9m
Contributions10/11€4.9m
Profit (loss) carried forward14€13,571
Amounts payable17/49€434,809
Amounts payable within one year42/48€430,893
Trade debts44€733
Suppliers440/4€733
Taxes, remuneration and social security45€3,873
Taxes450/3€3,873
Other amounts payable47/48€426,287
Accrued charges and deferred income492/3€3,916
Line2025
Profit (loss) for the period9904€13,571
Operating cash flow (approximation)€13,571

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
02-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
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, Roeselare · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
2,263 m²
Building footprint
440 m²
Volume, LiDAR
22 m³
Parcel 36017A0079/00H000, Flanders · tallest building 2.5 m. Linked by address, not a title deed.
11 companies at this address See who is registered here
1 establishment unit
SOVAKO
Schaapbruggestraat 50, 8800 RoeselareHoldings
since 20242.361.887.939
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36017A0079/00H000 Flanders 2,263 m² 1 · 440 m² 2.5 m
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.

Identification & contact

Identification
Legal formPrivate limited company
Founded10-07-2024
Fiscal year end31-12

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