SOVALBAT
ActiveSummary
SOVALBAT has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.0m and a net result of €3,589. Equity remains stable across the filed fiscal years (±0.5% per year). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability69=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75,000 at 30 days acceptable
Liquidity ample (current ratio 26.24; short-term debt: 1.6% and cash: 2.3% of total assets), and 4.6% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
95.4%
Return on assets
0.3%
Age of the figures
21 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 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
1 d early
2023
36 d early
2022
32 d early
2021
37 d early
2020
44 d early
2019
49 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 26 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, full schema
In the rankings
#8 company by equity in Anthisnes#10 oldest company in Anthisnes
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€3,589▼ 39.8%
2023 · €5,962
Working capital
€424,117▼ 16.6%
2023 · €508,464
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€13,398▼ 61.4%€44,316▲ 231%€29,571▼ 33.3%€5,640▼ 80.9%€8,501▲ 50.7%
Net result€9,309within the sector's middle half▼ 95.6%€32,436within the sector's middle half▲ 248%€24,446within the sector's middle half▼ 24.6%€5,962within the sector's middle half▼ 75.6%€3,589within the sector's middle half▼ 39.8%
Equity€1.0mwithin the sector's middle half▲ 0.9%€1.0mwithin the sector's middle half▲ 3.2%€1.0mwithin the sector's middle half▼ 3.7%€1.0mwithin the sector's middle half▲ 0.6%€1.0mwithin the sector's middle half▲ 0.4%
Total assets€1.4mwithin the sector's middle half▲ 40.5%€1.0mwithin the sector's middle half▼ 25.8%€1.1mwithin the sector's middle half▲ 2.5%€1.0mwithin the sector's middle half▼ 5.6%€1.1mwithin the sector's middle half▲ 5.1%
Debt€398,566▲ 16,597%€2,985▼ 99.3%€67,493▲ 2,161%€1,321▼ 98.0%€48,817▲ 3,595%
Working capital€731,254within the sector's middle half▼ 12.8%€535,625within the sector's middle half▼ 26.8%€502,454within the sector's middle half▼ 6.2%€508,464within the sector's middle half▲ 1.2%€424,117within the sector's middle half▼ 16.6%
Solvency71.7%above the sector's middle half▼ 28.1pp99.7%above the sector's middle half▲ 28.0pp93.7%above the sector's middle half▼ 6.0pp99.9%above the sector's middle half▲ 6.2pp95.4%above the sector's middle half▼ 4.5pp
Current ratio2.83above the sector's middle half8.44above the sector's middle half26.24above the sector's middle half
Return on assets (ROA)0.7%within the sector's middle half▼ 20.3pp3.1%within the sector's middle half▲ 2.4pp2.3%within the sector's middle half▼ 0.8pp0.6%within the sector's middle half▼ 1.7pp0.3%within the sector's middle half▼ 0.3pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 51% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.1m
Fixed assets
€620,385 ▲ 24.0%
Current assets
€440,918 ▼ 13.5%
Equity and liabilities €1.1m
Equity
€1.0m ▲ 0.4%
Debt
€48,817 ▲ 3,595%
Debt's share of the balance-sheet total rises from 0.1% to 4.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€38,859▲
2023 · €24,698
Cash flow
€33,947▲
2023 · €25,020
Debt to equity
0.05▲
2023 · 0.00
ROE
0.4%▼
2023 · 0.6%
Interest coverage
18.80▼
2023 · 79.93
Debt ≤ 1 year
€16,801▲
2023 · €1,321
Debt > 1 year
€32,016
Income taxes
€2,846▲
2023 · €2,075
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,732 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €1,210 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,348 | €6,602 | €17,327 | €19,058 | €30,358 | ▲ 59.3% |
| Other operating charges640/8 | - | €17,968 | €18,536 | €19,265 | €20,746 | ▲ 7.7% |
| Gross operating margin9900 | €41,397 | €68,886 | €65,434 | €43,963 | €59,605 | ▲ 35.6% |
| Operating profit (loss)9901 | €13,398 | €44,316 | €29,571 | €5,640 | €8,501 | ▲ 50.7% |
| Financial income75/76B | - | €215 | €5,288 | €2,706 | €1 | ▼ 100.0% |
| Recurring financial income75 | €130 | €215 | €5,288 | €2,706 | €1 | ▼ 100.0% |
| Financial charges65/66B | - | €639 | €360 | €309 | €2,067 | ▲ 569% |
| Recurring financial charges65 | €901 | €639 | €360 | €309 | €2,067 | ▲ 569% |
| Profit (loss) for the period before taxes9903 | €12,627 | €43,892 | €34,499 | €8,037 | €6,435 | ▼ 19.9% |
| Income taxes67/77 | €3,318 | €11,456 | €10,053 | €2,075 | €2,846 | ▲ 37.2% |
| Profit (loss) for the period9904 | €9,309 | €32,436 | €24,446 | €5,962 | €3,589 | ▼ 39.8% |
| Profit (loss) for the period to be appropriated9905 | €9,309 | €32,436 | €24,446 | €5,962 | €3,589 | ▼ 39.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.0m | €1.1m | €1.0m | €1.1m | ▲ 5.1% |
| Fixed assets21/28 | €277,941 | €506,007 | €500,481 | €500,433 | €620,385 | ▲ 24.0% |
| Tangible fixed assets22/27 | €145,715 | €373,781 | €368,255 | €368,207 | €488,159 | ▲ 32.6% |
| Land and buildings22 | - | €353,740 | €349,331 | €353,730 | €411,992 | ▲ 16.5% |
| Plant, machinery and equipment23 | - | - | €2,167 | €1,403 | €638 | ▼ 54.5% |
| Furniture and vehicles24 | - | €20,041 | €16,757 | €13,074 | €75,529 | ▲ 478% |
| Financial fixed assets28 | €132,226 | €132,226 | €132,226 | €132,226 | €132,226 | = |
| Current assets29/58 | €1.1m | €538,610 | €569,947 | €509,785 | €440,918 | ▼ 13.5% |
| Amounts receivable within one year40/41 | €9,190 | €9,335 | €2,567 | €9,039 | €7,713 | ▼ 14.7% |
| Trade receivables40 | - | €375 | - | - | - | - |
| Other amounts receivable41 | - | €8,960 | €2,567 | €9,039 | €7,713 | ▼ 14.7% |
| Current investments50/53 | €400,000 | €400,000 | €400,000 | €400,000 | €400,000 | = |
| Cash at bank and in hand54/58 | €716,005 | €109,590 | €150,029 | €92,502 | €24,713 | ▼ 73.3% |
| Deferred charges and accrued income490/1 | - | €19,685 | €17,351 | €8,244 | €8,492 | ▲ 3.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.0m | €1.1m | €1.0m | €1.1m | ▲ 5.1% |
| Equity10/15 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | ▲ 0.4% |
| Contributions10/11 | €275,000 | €275,000 | €275,000 | €275,000 | €275,000 | = |
| Capital10 | - | €275,000 | €275,000 | - | €275,000 | - |
| Issued capital100 | - | €275,000 | €275,000 | - | €275,000 | - |
| Reserves13 | €483,133 | €503,134 | €449,991 | €449,991 | €449,991 | = |
| Non-distributable reserves130/1 | - | €419,991 | €419,991 | €419,991 | €419,991 | = |
| Legal reserve130 | - | €19,991 | €19,991 | - | €19,991 | - |
| Reserves not available under the articles1311 | - | - | - | €19,991 | - | - |
| Own shares acquired1312 | - | €400,000 | €400,000 | €400,000 | €400,000 | = |
| Distributable reserves133 | - | €83,143 | €30,000 | €30,000 | €30,000 | = |
| Profit (loss) carried forward14 | €251,062 | €263,498 | €277,944 | €283,906 | €287,495 | ▲ 1.3% |
| Amounts payable17/49 | €398,566 | €2,985 | €67,493 | €1,321 | €48,817 | ▲ 3,595% |
| Amounts payable after more than one year17 | - | - | - | - | €32,016 | - |
| Financial debts170/4 | - | - | - | - | €32,016 | - |
| Amounts payable within one year42/48 | €398,566 | €2,985 | €67,493 | €1,321 | €16,801 | ▲ 1,172% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €9,556 | - |
| Trade debts44 | €929 | €2,985 | €7,543 | €1,321 | €4,399 | ▲ 233% |
| Suppliers440/4 | - | €2,985 | €7,543 | €1,321 | €4,399 | ▲ 233% |
| Taxes, remuneration and social security45 | - | - | €9,072 | - | €2,846 | - |
| Taxes450/3 | - | - | €9,072 | - | €2,846 | - |
| Other amounts payable47/48 | - | - | €50,878 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,309 | €32,436 | €24,446 | €5,962 | €3,589 | ▼ 39.8% |
| + Depreciation and write-downs630 | €10,348 | €6,602 | €17,327 | €19,058 | €30,358 | ▲ 59.3% |
| Operating cash flow (approximation) | €19,657 | €39,038 | €41,773 | €25,020 | €33,947 | ▲ 35.7% |
| Investment in fixed assets (approximation) | - | -€234,668 | -€11,801 | -€19,010 | -€150,310 | ▼ 691% |
| Change in cash | - | -€606,415 | €40,439 | -€57,527 | -€67,789 | ▼ 17.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
State Gazette act
Reappointments: Giuseppe Mancuso (director) and Laurette Sohet (director)3 facts ▸
State Gazette act
Reappointments: Giuseppe Mancuso (director) and Laurette Sohet (director)
3 facts ▸
- General meeting, 07-07-2026
- Director reappointment, Giuseppe Mancuso (director)
- Director reappointment, Laurette Sohet (director)
18-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity times 46current ratio 385.91
Current ratio from 8.44 to 385.91; short-term debt falls from €67,493 to €1,321.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity times 64current ratio 180.44
Current ratio from 2.83 to 180.44; short-term debt falls from €398,566 to €2,985.
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €1mEq €1.0m ▲0.9%
2 profitable years in a row build equity to €1.0m.
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 49 days late
2019
31-12
Financial
Back to profitnet €210,162
Net result €210,162 after one loss-making year.
Show earlier events
31-12
Financial
Liquidity times 180current ratio 352.47
Current ratio from 1.96 to 352.47; short-term debt falls from €23,451 to €2,387.
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 8 acts read
About the unread acts
Of the 8 Belgian State Gazette acts we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors
Giuseppe Mancuso
CurrentDirector
Laurette Sohet
CurrentDirector
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
7 of this company's 8 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Anthisnes · 1 establishment unit since 1990
Ground area
9,042 m²
Building footprint
249 m²
Volume, LiDAR
1,685 m³
2 parcels, Wallonia · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Pierres 180, 4100 Seraing
since 19902.049.411.347
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61059A0163/00A000 | Wallonia | 8,940 m² | 1 · 203 m² | 8.7 m · 2 fl. |
| 62096A0285/00T000 | Wallonia | 102 m² | 1 · 46 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
2 people since 2026, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Giuseppe Mancuso |
|
| Laurette Sohet |
|
Structure & network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Of 473 companies in sector 46842 we hold annual accounts for 347. 254 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded31-05-1990
Fiscal year end31-12
Activities, NACEBEL 2025
46842Wholesale trade
47552Retail sale of lighting equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0441056426
Also
9925:BE0441056426
Registered
09-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.