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SovImmo 89

Active
Private limited companyfounded 20241 yr activeHandelsstraat 124/1, 1000 Brussel, BelgiumKBO/BCE: BE 1017.597.405
Summary

SovImmo 89 has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-86k) and a net result of €-88k. Its solvency ranks better than 14% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
44 / 100
Weak
Negative equity caps the score. Every signal that weighs is under Signals.
Axes
Profitability32
Solvency17
Growth-
Track record67
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.24; short-term debt: 5.2% and cash: 1.2% of total assets), and equity is negative.
Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 1 year 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-8.1%
Return on assets
-8.3%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
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 03-07-2026, 28 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
28 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

Financials · fiscal year 2025, micro schema

Equity
€-86k
Total assets
€1.06M
Net result
€-88k
Working capital
€-42k

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

Balance-sheet composition
Assets €1.06M
Fixed assets €1.05M
Current assets €13k
Key figures and ratios
2025 value
EBITDA
€94k
Cash flow
€61k
Solvency
-8.1%
Current ratio
0.24
Debt to equity
-13.31
ROA
-8.3%
Interest coverage
2.83
Debt
€1.15M
Debt ≤ 1 year
€55k
Debt > 1 year
€1.09M
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 32 lines
Balance sheet Code2025
Assets
Total assets20/58€1.06M
Fixed assets21/28€1.05M
Tangible fixed assets22/27€1.03M
Land and buildings22€1.03M
Financial fixed assets28€19k
Current assets29/58€13k
Amounts receivable within one year40/41€463
Other amounts receivable41€463
Cash at bank and in hand54/58€12k
Equity and liabilities
Total equity and liabilities10/49€1.06M
Equity10/15€-86k
Contributions10/11€2k
Profit (loss) carried forward14€-88k
Amounts payable17/49€1.15M
Amounts payable after more than one year17€1.09M
Financial debts170/4€1.09M
Amounts payable within one year42/48€55k
Current portion of amounts payable after more than one year42€47k
Trade debts44€7k
Suppliers440/4€7k
Taxes, remuneration and social security45€735
Taxes450/3€735
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€148k
Other operating charges640/8€14k
Gross operating margin9900€108k
Operating profit (loss)9901€-54k
Financial charges65/66B€33k
Recurring financial charges65€33k
Profit (loss) for the period before taxes9903€-88k
Profit (loss) for the period9904€-88k
Profit (loss) for the period to be appropriated9905€-88k
Appropriation of the result
Profit (loss) to be appropriated9906€-88k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€148k
Other operating charges640/8€14k
Gross operating margin9900€108k
Operating profit (loss)9901€-54k
Financial charges65/66B€33k
Recurring financial charges65€33k
Profit (loss) for the period before taxes9903€-88k
Profit (loss) for the period9904€-88k
Profit (loss) for the period to be appropriated9905€-88k
Line2025
Assets
Total assets20/58€1.06M
Fixed assets21/28€1.05M
Tangible fixed assets22/27€1.03M
Land and buildings22€1.03M
Financial fixed assets28€19k
Current assets29/58€13k
Amounts receivable within one year40/41€463
Other amounts receivable41€463
Cash at bank and in hand54/58€12k
Equity and liabilities
Total equity and liabilities10/49€1.06M
Equity10/15€-86k
Contributions10/11€2k
Profit (loss) carried forward14€-88k
Amounts payable17/49€1.15M
Amounts payable after more than one year17€1.09M
Financial debts170/4€1.09M
Amounts payable within one year42/48€55k
Current portion of amounts payable after more than one year42€47k
Trade debts44€7k
Suppliers440/4€7k
Taxes, remuneration and social security45€735
Taxes450/3€735
Line2025
Profit (loss) for the period9904€-88k
+ Depreciation and write-downs630€148k
Operating cash flow (approximation)€61k

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
03-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
231 m²
Building footprint
145 m²
Volume, LiDAR
3,003 m³
Parcel 21805E0143/00D000, Brussels · tallest building 24.5 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
SovImmo 89
Handelsstraat 124/1, 1000 BrusselRenting and operating of own or leased residential real estate, excluding social housing
since 20242.368.213.626
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21805E0143/00D000 Brussels 231 m² 1 · 145 m² 24.5 m · 7 fl.
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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,143 companies in sector 68201 we hold annual accounts for 6,764. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-12-2024
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
Contact
E-mail benoit.geubelle@belnot.beBrussel
Phone (02)230.70.55Brussel

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