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SOVAREK

Active Private limited companyfounded 2021active for 5 yearsChaussée de Douai 354, 7500 TournaiKBO/BCE: BE 0761.330.135

Lifetime

5 annual accounts with figures on one time axis
peak €374,222 (2025)
€374,222▲ 23.2%
peak €310,323 (2022)
€255,332▲ 0.3%
peak €974,545 (2025)
€974,545▲ 23.2%
€4.5m▲ 215%
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
21-08-202621 days late
2025abbreviated format
Gross margin from €303,681 to €374,222Dividend €72,061Equity from €791,273 to €974,545Debts from €1.4m to €4.5mInvestments €3.3mCash from €18,925 to €32,362

Key points

from the 2025 annual accounts

Equity

€974,545 ▲ 23.2%
791,2732024+255,332Profit-72,061Dividend974,5452025

SOVAREK paid out €72,061 in dividends. That is 28% of the 2025 profit.

Turnover

≈ €570,000 estimated

The accounts state no turnover.

Debts

€4.5m ▲ 215%
Financial debts
+2.6
Other debts
+0.4
The rest
+0.1

Debts rose by €3.1m in 2025. A dividend stands under other debts on the balance sheet date until it is paid.

Investments

€3.3m 111.3 × depreciation
2022202320242025

Green is investment, beige is depreciation. Land and buildings stand 815.5% higher than in 2024.

Filings

5 annual accounts 5 late
AprilJune31 JulyOctober20222024

The 2021 accounts came latest: 29 days after the end of the period.

Position in the sector

€255,332

Higher net result than 81% of companies in head offices and management consultancy. Sector median €43,533 · 10,631 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,371 companies had the same profile as SOVAREK has now. Each dot stands for 6 companies, two years later.

96.6%
were still trading
1.4%
stopped another way
1.8%
went bankrupt
  • Small
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 2,371 companies, not a prediction for SOVAREK. 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

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Signals

Board and ownership

Director
Director
  • founderdeed of 12-01-2021
  • founderdeed of 12-01-2021

Shares in 1 company,

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0761330135
Incorporation Appointments: (director) and (director) · Founder: (fondateur de société à responsabilité limitée) · Founder: (fondateur de société à responsabilité limitée) · published on 12-01-2021 · Gazette deed
First establishment Chaussée de Douai 354, Tournai
All 11 events

Comparable companies

same main activity, similar in size and age
Company
SOVAREK Tournai €5.5m €374,222 17.9% -
AT Management Pro La Calamine €5.1m €410,193 45.7% -
IP GROUPE Jodoigne €4.6m €385,203 67.5% -
ALSO Consult Putte €4.8m €336,645 96.6% -
CPJME Immo Mons €4.1m €342,872 6.6% -
FRITAPAPA GROUP Charleroi €4.8m €332,245 18.4% 3.3
South Base Camp Charleroi €5.9m €262,798 -8.9% -

These companies have the same main activity as SOVAREK: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €4.1m and €5.9m, founded between 2019 and 2021.

Official details

Source: KBO
Status
Active since 08-01-2021Normal situation
Activity
Business and other management consultancyNACE 70200
Establishment unit
2.313.047.8457500 Tournai, since 08-01-2021
Financial year end
31 December
Peppol
Reachable since 22-10-2025
Company details

Annual accounts 2025

€5.5m▲ 146%
Filing
Filed on 21-08-2026
Financials

Insights on SOVAREK

SOVAREK files the abbreviated format. That format states no turnover. The gross margin rose from €223,586 in 2021 to €374,222 in 2025.

The balance sheet grew most from 2024 to 2025 through fixed assets, financed with long-term debt.

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 SOVAREK

What is the company number of SOVAREK?
The company number of SOVAREK is 0761.330.135. The VAT number is the same number with BE in front: BE 0761.330.135.
Where is SOVAREK based?
The registered office is at Chaussée de Douai 354, 7500 Tournai.Company details
What does SOVAREK do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of SOVAREK?
SOVAREK is a private limited company (BV).
When was SOVAREK founded?
SOVAREK was founded on 08-01-2021.
Is SOVAREK still active?
Yes, SOVAREK is an active enterprise in the KBO register.
What is the turnover of SOVAREK?
The turnover in financial year 2025 is ≈ €570,000. This figure is estimated from the gross margin of €374,222 and 74 comparable companies (NACE 70200). It probably lies between €440,000 and €1.0m.Financials
Is SOVAREK profitable?
In financial year 2025, SOVAREK made a profit of €255,332.
Where can I find the annual accounts of SOVAREK?
SOVAREK filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SOVAREK due?
SOVAREK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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