SOVIMO
ActiveSummary
The computed 12-month bankruptcy probability of SOVIMO is 1.5% (moderate). The 2025 annual accounts show negative equity (-€14,077) and a net result of -€15,728. Equity is shrinking by about 22% per year across the filed financial years. Its solvency ranks better than 11% of 5,708 sector peers (NACE 68, financial year 2025). The company has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- -€14,077
- Loss
- -€15,728
- Parent
- TCK INVEST · 100%
Why 54raises riskCapped at 59: negative equity1 change of registered office in 24 monthsNegative equity -€14,077No establishment unit in the KBOlowers riskSize: total assets €389,672Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 17% on solvency, 69% on liquidity, 50% on profitability and 1% on growth.
The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 68 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Registered officeRegistered-office move · Power of…
- Annual accounts filedfinancial year 2025 · full…
- Liquidity more than 5 timescurrent ratio 3.26
Financials · financial year 2025, full format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €15,342 in 2025 against €59,661 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
- 2022 Net result -1,063% on 2021. The accounts now follow the full format, last year the micro format.
Peer companies
Historical observationOf the 2,796 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- negative equity
- a small loss
A further 1.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.5% 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 497,472 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% | 1.8% |
| 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 2,796 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €16,800 | €16,800 | €14,000 | €8,400 | €14,000 | €25,200 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €1,525 | €1,443 | €3,719 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,728 | €17,727 | €17,727 | €17,728 | €17,727 | €17,728 | €17,907 | €24,820 | ▲ 38.6% |
| Other operating charges640/8 | - | - | - | €8,959 | €9,856 | €10,746 | €11,154 | €10,688 | ▼ 4.2% |
| Gross operating margin9900 | €11,773 | €11,094 | €12,142 | €6,875 | €12,557 | €21,481 | -€30,601 | €20,167 | ▲ 166% |
| Operating profit (loss)9901 | -€14,188 | -€15,028 | -€14,472 | -€19,812 | -€15,026 | -€6,993 | -€59,661 | -€15,342 | ▲ 74.3% |
| Recurring financial income75 | €1 | - | - | - | - | - | - | - | - |
| Financial charges65/66B | - | - | - | - | €215,350 | - | €188 | €387 | ▲ 106% |
| Recurring financial charges65 | €21 | €19 | €16 | - | €215,350 | - | €188 | €387 | ▲ 106% |
| Non-recurring financial charges66B | - | - | - | - | €215,350 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€14,208 | -€15,047 | -€14,488 | -€19,812 | -€230,376 | -€6,993 | -€59,849 | -€15,728 | ▲ 73.7% |
| Profit (loss) for the period9904 | -€14,208 | -€15,047 | -€14,488 | -€19,812 | -€230,376 | -€6,993 | -€59,849 | -€15,728 | ▲ 73.7% |
| Profit (loss) for the period to be appropriated9905 | -€14,208 | -€15,047 | -€14,488 | -€19,812 | -€230,376 | -€6,993 | -€59,849 | -€15,728 | ▲ 73.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €592,839 | €577,792 | €563,304 | €543,693 | €313,116 | €306,298 | €314,008 | €389,672 | ▲ 24.1% |
| Fixed assets21/28 | €378,567 | €360,840 | €343,113 | €325,385 | €307,658 | €289,930 | €272,023 | €363,224 | ▲ 33.5% |
| Tangible fixed assets22/27 | €378,567 | €360,840 | €343,113 | €325,385 | €307,658 | €289,930 | €272,023 | €363,224 | ▲ 33.5% |
| Land and buildings22 | - | - | - | €325,385 | €307,658 | €289,930 | €272,023 | €361,854 | ▲ 33.0% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | - | €1,370 | - |
| Current assets29/58 | €214,272 | €216,952 | €220,191 | €218,308 | €5,458 | €16,368 | €41,985 | €26,448 | ▼ 37.0% |
| Amounts receivable within one year40/41 | €208,366 | €215,350 | €215,350 | €215,350 | - | - | - | €2,737 | - |
| Other amounts receivable41 | - | - | - | €215,350 | - | - | - | €2,737 | - |
| Cash at bank and in hand54/58 | €5,906 | €1,602 | €4,841 | €2,958 | €5,458 | €16,368 | €41,985 | €23,711 | ▼ 43.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €592,839 | €577,792 | €563,304 | €543,693 | €313,116 | €306,298 | €314,008 | €389,672 | ▲ 24.1% |
| Equity10/15 | €592,839 | €577,792 | €563,304 | €543,492 | €313,116 | €306,123 | €1,651 | -€14,077 | ▼ 953% |
| Contributions10/11 | €671,000 | €671,000 | €671,000 | €671,000 | €671,000 | €671,000 | €61,500 | €61,500 | = |
| Capital10 | - | - | - | €671,000 | €671,000 | €671,000 | €61,500 | €61,500 | = |
| Issued capital100 | - | - | - | €671,000 | €671,000 | €671,000 | €61,500 | €61,500 | = |
| Profit (loss) carried forward14 | -€78,161 | -€93,208 | -€107,696 | -€127,508 | -€357,884 | -€364,877 | -€59,849 | -€75,577 | ▼ 26.3% |
| Amounts payable17/49 | - | - | - | €201 | - | €175 | €312,357 | €403,749 | ▲ 29.3% |
| Amounts payable after more than one year17 | - | - | - | - | - | - | €244,622 | €394,259 | ▲ 61.2% |
| Financial debts170/4 | - | - | - | - | - | - | €244,622 | - | - |
| Other amounts payable178/9 | - | - | - | - | - | - | - | €394,259 | - |
| Amounts payable within one year42/48 | - | - | - | €201 | - | €175 | €67,217 | €8,108 | ▼ 87.9% |
| Trade debts44 | - | - | - | €201 | - | €175 | €13,536 | €3,429 | ▼ 74.7% |
| Suppliers440/4 | - | - | - | €201 | - | €175 | €13,536 | €3,429 | ▼ 74.7% |
| Other amounts payable47/48 | - | - | - | - | - | - | €53,681 | €4,678 | ▼ 91.3% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €518 | €1,382 | ▲ 167% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€14,208 | -€15,047 | -€14,488 | -€19,812 | -€230,376 | -€6,993 | -€59,849 | -€15,728 | ▲ 73.7% |
| + Depreciation and write-downs630 | €17,728 | €17,727 | €17,727 | €17,728 | €17,727 | €17,728 | €17,907 | €24,820 | ▲ 38.6% |
| Operating cash flow (approximation) | €3,520 | €2,680 | €3,239 | -€2,084 | -€212,649 | €10,735 | -€41,942 | €9,092 | ▲ 122% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | -€116,021 | ▼ 193,368,450% |
| Change in cash | - | -€4,304 | €3,239 | -€1,883 | €2,500 | €10,910 | €25,617 | -€18,273 | ▼ 171% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector and region
Public contracts: not fully processed yet. The notices from February 2017 to September 2026 are still being read.
Directors
Owners and capital
Owners
1 ownerChain of control
- TCK INVEST
- SOVIMO
Highest known parent: TCK INVEST. The sources do not say who stands above it.
Owners 1
- TCK INVESTparentSourceaccounts TCK INVEST 2025100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Connections & network
No directors read yet: 1 of 5 Gazette acts processed.
History
Acts, filings and financial milestones
31-07
Gazette deed
Registered officeRegistered-office move · Power of attorney3 facts ▸
- General meeting, 10-06-2026
- Registered-office move, Avenue de la Chevalerie 2, 1000 Bruxelles
- Power of attorney, DCA-S
About the unread acts
Of the 5 Belgian Official Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 9 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21806F0334/00M003 | Brussels | 65 m² | 1 · 60 m² | 17.6 m · 5 |