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SOVATECH

Active Private limited companyfounded 2015active for 11 yearsBriekhoekstraat 28, 8890 MoorsledeKBO/BCE: BE 0635.981.290

Lifetime

10 annual accounts with figures on one time axis
peak €281,511 (2022)
€279,167▲ 11.9%
peak €131,696 (2025)
€131,696▲ 18.8%
peak €312,694 (2025)
€312,694▲ 35.4%
€351,976▼ 7.8%
peak 1 FTE (2020)
-not published
Board4 names since 2015
4 directors and 3 others
Documentsfilings and deeds
16-06-202645 days before the deadline
2025micro format
Dividend €50,000Equity from €230,998 to €312,694Cash from €67,040 to €39,528

Key points

from the 2025 annual accounts

Equity

€312,694 ▲ 35.4%

SOVATECH has made a profit in every financial year since 2016.

Filings

10 annual accounts 4 late
AprilJune31 JulyOctober20202025

The 2016 accounts came latest: 31 days after the end of the period.

Position in the sector

€131,696

Higher net result than 95% of companies in specialised construction. Sector median €9,997 · 37,222 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,811 companies had the same profile as SOVATECH has now. Each dot stands for 45 companies, two years later.

96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,762 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 17,811 companies, not a prediction for SOVATECH. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 08-01-2024
Director, since 08-01-2024
Manager
Manager
  • founderdeed of 04-09-2015
  • founderdeed of 04-09-2015
  • founderdeed of 04-09-2015
and 2 other shareholdersBoard & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0635981290
2 directors reappointed Changes of role: (statutory director) and (statutory director) · Reappointments: (statutory director) and (statutory director) · General meeting of 29-12-2023 · Gazette deed
Registered office moved within Moorslede New registered office: Briekhoekstraat 28, 8890 Moorslede · Previous registered office: lepersestraat 87, 8890 Moorslede · Board meeting of 28-02-2017 · Gazette deed
Director in office: (manager) Gazette deed
All 23 events

Comparable companies

same main activity, similar in size and age
Company
SOVATECH Moorslede - - 47.0% -
WA-RM Ostend - - 51.6% 2
BG CHAUFFAGE Oupeye €0.6m 27.7% 37.6% -
NEESKENS Hamont-Achel - - 49.6% -
BRUTHO TECHNICS Grimbergen - - 42.2% 1
FIERENS CONCEPT & Co Lasne €1.1m 4.3% 24.0% -
Chauffage Dufour Tournai - - 56.2% -

These companies have the same main activity as SOVATECH: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €629,000 and €788,000, founded between 2014 and 2016.

Official details

Source: KBO
Status
Active since 02-09-2015Normal situation
Activity
Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 1 other
Joint committee
124Construction · annual accounts 2022
Establishment unit
2.245.684.0188890 Moorslede, since 02-09-2015
Financial year end
31 December
Peppol
Reachable since 09-12-2025
Company details

Annual accounts 2025

≈ €710,000estimated
€664,670▲ 8.5%
≈ 1.3 FTEestimated
Filing
Filed on 16-06-2026, 45 days before the end of the filing period
Financials

Insights on SOVATECH

SOVATECH files the micro format. That format states no turnover. The gross margin rose from €108,898 in 2016 to €279,167 in 2025.

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 SOVATECH

What is the company number of SOVATECH?
The company number of SOVATECH is 0635.981.290. The VAT number is the same number with BE in front: BE 0635.981.290.
Where is SOVATECH based?
The registered office is at Briekhoekstraat 28, 8890 Moorslede.Company details
What does SOVATECH do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of SOVATECH?
SOVATECH is a private limited company (BV).
When was SOVATECH founded?
SOVATECH was founded on 02-09-2015.
Is SOVATECH still active?
Yes, SOVATECH is an active enterprise in the KBO register.
How many employees does SOVATECH have?
SOVATECH had an average of 1 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
Which joint committee does SOVATECH fall under?
In its 2022 annual accounts, SOVATECH states joint committee 124 (Construction).
What is the turnover of SOVATECH?
The turnover in financial year 2025 is ≈ €710,000. This figure is estimated from the gross margin of €279,167 and 35 comparable companies (NACE 432). It probably lies between €570,000 and €900,000.
Is SOVATECH profitable?
In financial year 2025, SOVATECH made a profit of €131,696.
Where can I find the annual accounts of SOVATECH?
SOVATECH filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SOVATECH due?
SOVATECH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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