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SOVEPHY

Active
Private limited company (pre-2019)founded 201115 yrs activeChaussée de Courtrai(FRY) 81, 7503 Tournai, BelgiumKBO/BCE: BE 0833.789.036
Summary

SOVEPHY has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €2,595. Equity is growing by ~2.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).

Overview

What they do
Activity not known1 site
How big
€1.2mtotal assets 2025
Equity
€1.2m
Profit
€2,595
Financially healthy?
69 Healthy Checked score 2025
Bankruptcy chance 12 m
0.8%
Who decides
Accounts 32 d early0 of 5 deeds read
Why 69- No NACE activity registered- Higher-failure-rate region+ Annual accounts: healthy financial profile+ Long track recordLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability38▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80,000 at 30 days acceptable
short-term debt: 0.8% and cash: 9.3% of total assets, and 0.8% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
99.2%
Return on assets
0.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 d early
2024
31 d late
2023
30 d late
2022
31 d late
2021
4 d early
2020
4 d early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 7 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 31 August (4 of the last 5 filed years within 35 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Back to profitnet €16,528

Financials

Fiscal year 2025Total assets €1.2mProfit €2,595Solvency 99.2%Liquidity 128.75
Total assets
€1.2m▲ 0.4%
2018 - 2025
Net result
€2,595▼ 84.3%
2018 - 2025
Equity
€1.2m▲ 0.2%
2018 - 2025
Solvency
99.2%▼ 0.2pp
2018 - 2025

Financials · fiscal year 2025, abbreviated schema

Trend over the years8 fiscal years
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€0.004m▼ 2.0%-€0.004m▼ 18.4%-€0.02m▼ 273%-€0.005m▲ 72.1%-€0.02m▼ 281%
Net result€0.1m€0.07m▼ 49.1%-€0.006m€0.02m€0.003m▼ 84.3%
Equity€1.1m▲ 13.1%€1.2m▲ 5.9%€1.2m▼ 0.6%€1.2m▲ 1.4%€1.2m▲ 0.2%
Total assets€1.9m▲ 8.0%€1.2m▼ 36.9%€1.2m▼ 0.5%€1.2m▼ 0.5%€1.2m▲ 0.4%
Debt€0.8m▲ 1.6%€0.03m▼ 96.2%€0.03m=€0.007m▼ 75.5%€0.009m▲ 26.0%
Working capital€1.1m▲ 13.1%€1.2m▲ 5.9%€1.2m▼ 0.5%€1.2m▲ 1.4%€1.2m▲ 0.2%
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000€150,000Operating result 2021: -€3,772-€3,772Net result 2021: €127,866€127,866Operating result 2022: -€4,466-€4,466Net result 2022: €65,077€65,077Operating result 2023: -€16,645-€16,645Net result 2023: -€6,494-€6,494Operating result 2024: -€4,646-€4,646Net result 2024: €16,528€16,528Operating result 2025: -€17,689-€17,689Net result 2025: €2,595€2,59520212022202320242025-€20,000-€10,000€0€10,000€20,000Operating result 2023: -€16,645-€16,600Net result 2023: -€6,494-€6,490Operating result 2024: -€4,646-€4,650Net result 2024: €16,528€16,500Operating result 2025: -€17,689-€17,700Net result 2025: €2,595€2,600202320242025
The operating result stays negative: a loss of €17,689 in 2025 against €4,646 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets €200 ▼ 50.0%
Current assets €1.2m ▲ 0.4%
Equity and liabilities €1.2m
Equity €1.2m ▲ 0.2%
Debt €9,242 ▲ 26.0%
Debt's share of the balance-sheet total rises from 0.6% to 0.8%. Equity and debt are higher.
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.01▲
2024 · 0.01
ROE
0.2%▼
2024 · 1.4%
ROA
0.2%▼
2024 · 1.4%
Debt ≤ 1 year
€9,242▲
2024 · €7,335
Income taxes
€1,906▼
2024 · €3,759
A ratio outside any meaningful range has been withheld (balance sheet total €1.2m, equity €1.2m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,048 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 96% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.4% went bankrupt
3.6% stopped otherwise
96% still going

For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
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 6,048 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.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.2m€1.2m▲
Fixed assets21/28€400€200▼
Financial fixed assets28€400€200▼
Current assets29/58€1.2m€1.2m▲
Amounts receivable within one year40/41€0.2m€0.2m▼
Other amounts receivable41€0.2m€0.2m▼
Current investments50/53€0.7m€0.9m▲
Cash at bank and in hand54/58€0.2m€0.1m▼
Deferred charges and accrued income490/1-€425
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.2m▲
Equity10/15€1.2m€1.2m▲
Contributions10/11€0.06m€0.06m=
Reserves13€0.2m€0.2m▲
Non-distributable reserves130/1€0.006m€0.006m=
Reserves not available under the articles1311€0.006m€0.006m=
Distributable reserves133€0.2m€0.2m▲
Profit (loss) carried forward14€0.9m€0.9m=
Amounts payable17/49€0.007m€0.009m▲
Amounts payable within one year42/48€0.007m€0.009m▲
Trade debts44€0.001m€0.001m=
Suppliers440/4€0.001m€0.001m=
Taxes, remuneration and social security45€0.004m€0.006m▲
Taxes450/3€0.004m€0.006m▲
Other amounts payable47/48€0.003m€0.003m=
Income statement Code20242025
Other operating charges640/8€0.001m€0.01m▲
Gross operating margin9900-€0.004m-€0.007m▼
Operating profit (loss)9901-€0.005m-€0.02m▼
Financial income75/76B€0.02m€0.02m▼
Recurring financial income75€0.02m€0.02m▼
Financial charges65/66B€53€236▲
Recurring financial charges65€53€236▲
Profit (loss) for the period before taxes9903€0.02m€0.005m▼
Income taxes67/77€0.004m€0.002m▼
Profit (loss) for the period9904€0.02m€0.003m▼
Profit (loss) for the period to be appropriated9905€0.02m€0.003m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.9m€0.9m▲
Profit (loss) brought forward from the previous period14P€0.9m€0.9m▲
Transfer to equity691/2-€0.003m
To other reserves6921-€0.003m

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

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€200---
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€11,807---
Other operating charges640/8€868€868€960€968€10,306▲ 965%
Gross operating margin9900-€2,904-€3,598-€3,679-€3,679-€7,383▼ 101%
Operating profit (loss)9901-€3,772-€4,466-€16,645-€4,646-€17,689▼ 281%
Financial income75/76B€205,894€96,963€10,238€24,987€22,426▼ 10.2%
Recurring financial income75€205,894€96,963€10,238€24,987€22,426▼ 10.2%
Financial charges65/66B€226€985€87€53€236▲ 343%
Recurring financial charges65€226€985€87€53€236▲ 343%
Profit (loss) for the period before taxes9903€201,895€91,512-€6,494€20,287€4,501▼ 77.8%
Income taxes67/77€74,029€26,435-€3,759€1,906▼ 49.3%
Profit (loss) for the period9904€127,866€65,077-€6,494€16,528€2,595▼ 84.3%
Profit (loss) for the period to be appropriated9905€127,866€65,077-€6,494€16,528€2,595▼ 84.3%
Line20212022202320242025Change
Assets
Total assets20/58€1.9m€1.2m€1.2m€1.2m€1.2m▲ 0.4%
Fixed assets21/28€0.001m€0.001m€400€400€200▼ 50.0%
Financial fixed assets28€0.001m€0.001m€400€400€200▼ 50.0%
Current assets29/58€1.9m€1.2m€1.2m€1.2m€1.2m▲ 0.4%
Amounts receivable within one year40/41€0.3m€0.3m€0.3m€0.2m€0.2m▼ 3.8%
Other amounts receivable41€0.3m€0.3m€0.3m€0.2m€0.2m▼ 3.8%
Current investments50/53€1.3m€0.5m€0.7m€0.7m€0.9m▲ 20.3%
Cash at bank and in hand54/58€0.06m€0.4m€0.1m€0.2m€0.1m▼ 55.5%
Deferred charges and accrued income490/1€0.2m---€425-
Equity and liabilities
Total equity and liabilities10/49€1.9m€1.2m€1.2m€1.2m€1.2m▲ 0.4%
Equity10/15€1.1m€1.2m€1.2m€1.2m€1.2m▲ 0.2%
Contributions10/11€0.06m€0.06m€0.06m€0.06m€0.06m=
Outside capital11€0.06m€0.06m€0.06m---
Other1109/19€0.06m€0.06m€0.06m---
Reserves13€0.1m€0.2m€0.2m€0.2m€0.2m▲ 1.3%
Non-distributable reserves130/1€0.006m€0.006m€0.006m€0.006m€0.006m=
Reserves not available under the articles1311€0.006m€0.006m€0.006m€0.006m€0.006m=
Distributable reserves133€0.1m€0.2m€0.2m€0.2m€0.2m▲ 1.3%
Profit (loss) carried forward14€0.9m€0.9m€0.9m€0.9m€0.9m=
Amounts payable17/49€0.8m€0.03m€0.03m€0.007m€0.009m▲ 26.0%
Amounts payable within one year42/48€0.8m€0.03m€0.03m€0.007m€0.009m▲ 26.0%
Trade debts44€0.001m€0.001m€0.001m€0.001m€0.001m=
Suppliers440/4€0.001m€0.001m€0.001m€0.001m€0.001m=
Taxes, remuneration and social security45€0.01m€0.03m€0.03m€0.004m€0.006m▲ 50.7%
Taxes450/3€0.01m€0.03m€0.03m€0.004m€0.006m▲ 50.7%
Other amounts payable47/48€0.8m€0.003m€0.003m€0.003m€0.003m=
Line20212022202320242025Change
Profit (loss) for the period9904€127,866€65,077-€6,494€16,528€2,595▼ 84.3%
+ Depreciation and write-downs630--€200---
Operating cash flow (approximation)€127,866€65,077-€6,294€16,528€2,595▼ 84.3%
Investment in fixed assets (approximation)-€0€0€0€200-
Change in cash-€289,490-€225,082€120,817-€138,246▼ 214%

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

Download as CSV

Timeline

16 eventsLatest 29-06-2026Next filing 31-07-2027

History

SOVEPHY was incorporated on 16 February 2011.1 Total assets fell from €2.0m in 2018 to €1.2m in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 31 days late
2024
31-12
Financial Back to profitnet €16,528
Net result €16,528 after one loss-making year.
31-12
Financial Liquidity quadruplescurrent ratio 161.57
Current ratio from 39.72 to 161.57; short-term debt falls from €29,989 to €7,335.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial Liquidity times 17current ratio 39.93
Current ratio from 2.38 to 39.93; short-term debt falls from €797,126 to €29,989.
27-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Back to profitnet €127,866
Net result €127,866 after 3 loss-making years.
31-12
Financial Equity above €1mEq €1.1m ▲13.1%
Equity rises from €975,255 to €1.1m.
27-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Weakest financial yearnet -€24,203
Net result drops to -€24,203, the lowest in the series; recovery starts the following year.
Show earlier events
31-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
30-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Support & recognitions

1 register with a recognitionLEI issued
LEI
active
9676001XI8QCH5FCH991
Recognitions · licences · registrations1

Legal Entity Identifier

9676001XI8QCH5FCH991
live in the LEI register

Company details

Private limited company (pre-2019) · founded 16-02-2011Year ends 31-12Peppol not found1 site

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded16-02-2011
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 1 October 2026 · Peppol Directory

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

Sites & property

Location & real-estate footprint
Registered office, Tournai · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
1,043 m²
Building footprint
417 m²
Volume, LiDAR
7,653 m³
2 parcels, Brussels, Wallonia · tallest building 27.0 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
SOVEPHY
Félix Delhassestraat 1, 1060 Sint-Gillis (bij-Brussel)Real estate activities
since 2011unit no. 2.201.780.828
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
57031C0173/00E003 Wallonia 762 m² 1 · 154 m² 12.0 m · 3 fl.
21013B0372/00B002 Brussels 281 m² 1 · 263 m² 27.0 m · 8 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.

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