SOVITEC
ActiveSummary
SOVITEC has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,045 and a net result of €14,991. Equity is shrinking by about 10% per year across the filed financial years. Its solvency ranks better than 33% of 13,642 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
- Staff
- 0.4 FTE
- Equity
- €10,045
- Profit
- €14,991
Why 69raises riskSize: turnover €139,893, total assets €55,321Equity €10,045 (18.2% of total assets)lowers riskFigures for financial year 2025 (filed 25-08-2026)Show the evidence
Checked score
About 8 in 1,000 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 46, micro): better than 30% on solvency, 18% on liquidity, 88% on profitability and 98% on growth.
The bankruptcy probability was computed on 26-10-2026 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 28 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €14,991
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (25 days) Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00420496.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €15,877 after a loss of €33,044 in 2024, the highest result in the available series.
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 46, Wholesale trade: 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).
Peer companies
Historical observationOf the 5,053 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,445 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% | 0.9% |
| 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 74.5% 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 5,053 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 | - | - | - | - | - | - | - | €139,893 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | - | - | - | €114,496 | - |
| Remuneration, social security and pensions62 | - | - | - | €404 | €2,427 | €10,794 | €15,880 | €9,168 | ▼ 42.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,165 | €7,514 | €7,105 | €5,187 | €2,677 | €6,354 | €8,188 | €7,704 | ▼ 5.9% |
| Other operating charges640/8 | - | - | - | €422 | €496 | €542 | €527 | €549 | ▲ 4.2% |
| Gross operating margin9900 | €3,172 | €28,625 | €17,490 | -€6,832 | €7,625 | €22,565 | -€8,449 | €33,299 | - |
| Operating profit (loss)9901 | -€6,387 | €14,853 | €9,070 | -€12,845 | €2,025 | €4,875 | -€33,044 | €15,877 | - |
| Financial income75/76B | - | - | - | €53 | €294 | €551 | €34 | €1 | ▼ 96.9% |
| Recurring financial income75 | €91 | €122 | €124 | €53 | €294 | €264 | €34 | €1 | ▼ 96.9% |
| Non-recurring financial income76B | - | - | - | - | - | €287 | - | - | - |
| Financial charges65/66B | - | - | - | €262 | €397 | €1,189 | €1,364 | €887 | ▼ 34.9% |
| Recurring financial charges65 | €129 | €132 | €247 | €262 | €397 | €1,189 | €1,364 | €887 | ▼ 34.9% |
| Profit (loss) for the period before taxes9903 | -€6,425 | €14,843 | €8,947 | -€13,054 | €1,922 | €4,237 | -€34,374 | €14,991 | - |
| Income taxes67/77 | - | €1,622 | €1,353 | - | - | - | - | - | - |
| Profit (loss) for the period9904 | -€6,425 | €13,221 | €7,594 | -€13,054 | €1,922 | €4,237 | -€34,374 | €14,991 | - |
| Profit (loss) for the period to be appropriated9905 | -€6,425 | €13,221 | €7,594 | -€13,054 | €1,922 | €4,237 | -€34,374 | €14,991 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €42,112 | €53,639 | €54,383 | €40,259 | €40,201 | €66,767 | €44,967 | €55,321 | ▲ 23.0% |
| Fixed assets21/28 | €19,212 | €14,254 | €7,594 | €7,919 | €5,747 | €32,551 | €24,363 | €16,659 | ▼ 31.6% |
| Tangible fixed assets22/27 | €18,849 | €13,891 | €7,231 | €7,556 | €5,384 | €32,188 | €24,000 | €16,296 | ▼ 32.1% |
| Plant, machinery and equipment23 | - | - | - | €2,321 | €1,912 | €2,675 | €1,533 | €596 | ▼ 61.1% |
| Furniture and vehicles24 | - | - | - | €5,235 | €3,472 | €29,513 | €22,467 | €15,700 | ▼ 30.1% |
| Financial fixed assets28 | €363 | €363 | €363 | €363 | €363 | €363 | €363 | €363 | = |
| Current assets29/58 | €22,900 | €39,385 | €46,789 | €32,340 | €34,454 | €34,216 | €20,604 | €38,662 | ▲ 87.6% |
| Stocks and contracts in progress3 | - | - | - | - | - | €5,074 | €1,710 | €3,000 | ▲ 75.4% |
| Stocks30/36 | - | - | - | - | - | €5,074 | €1,710 | €3,000 | ▲ 75.4% |
| Amounts receivable within one year40/41 | €12,072 | €30,663 | €16,929 | €14,005 | €16,441 | €13,111 | €16,288 | €31,374 | ▲ 92.6% |
| Trade receivables40 | - | - | - | €10,778 | €14,700 | €12,438 | €15,248 | €30,936 | ▲ 103% |
| Other amounts receivable41 | - | - | - | €3,227 | €1,741 | €673 | €1,040 | €437 | ▼ 58.0% |
| Cash at bank and in hand54/58 | €9,763 | €7,715 | €28,599 | €17,507 | €16,890 | €12,521 | €373 | €2,356 | ▲ 532% |
| Deferred charges and accrued income490/1 | - | - | - | €828 | €1,123 | €3,510 | €2,233 | €1,933 | ▼ 13.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €42,112 | €53,639 | €54,383 | €40,259 | €40,201 | €66,767 | €44,967 | €55,321 | ▲ 23.0% |
| Equity10/15 | €15,508 | €28,729 | €36,323 | €23,269 | €25,191 | €29,428 | -€4,946 | €10,045 | - |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €167 | €167 | €167 | €167 | €167 | €167 | €167 | €167 | ▼ 0.2% |
| Non-distributable reserves130/1 | - | - | - | €167 | €167 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €167 | €167 | - | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €167 | €167 | €167 | ▼ 0.2% |
| Profit (loss) carried forward14 | -€3,259 | €9,962 | €17,556 | €4,502 | €6,424 | €10,661 | -€23,713 | -€8,722 | ▲ 63.2% |
| Amounts payable17/49 | €26,604 | €24,910 | €18,060 | €16,990 | €15,010 | €37,339 | €49,913 | €45,277 | ▼ 9.3% |
| Amounts payable after more than one year17 | - | - | - | - | - | €17,316 | €12,406 | €7,257 | ▼ 41.5% |
| Financial debts170/4 | - | - | - | - | - | €17,316 | €12,406 | €7,257 | ▼ 41.5% |
| Amounts payable within one year42/48 | €26,604 | €24,910 | €18,060 | €16,990 | €15,010 | €20,023 | €37,507 | €38,020 | ▲ 1.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | €4,683 | €4,911 | €5,149 | ▲ 4.8% |
| Trade debts44 | - | €1,237 | - | €543 | €17 | - | €6,253 | €1,746 | ▼ 72.1% |
| Suppliers440/4 | - | - | - | €543 | €17 | - | €6,253 | €1,746 | ▼ 72.1% |
| Taxes, remuneration and social security45 | - | - | - | €1,600 | €2,108 | €3,598 | €790 | €305 | ▼ 61.4% |
| Taxes450/3 | - | - | - | - | €410 | €1,136 | - | €305 | - |
| Remuneration and social security454/9 | - | - | - | €1,600 | €1,698 | €2,462 | €790 | - | - |
| Other amounts payable47/48 | - | - | - | €14,847 | €12,885 | €11,742 | €25,553 | €30,820 | ▲ 20.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,425 | €13,221 | €7,594 | -€13,054 | €1,922 | €4,237 | -€34,374 | €14,991 | - |
| + Depreciation and write-downs630 | €7,165 | €7,514 | €7,105 | €5,187 | €2,677 | €6,354 | €8,188 | €7,704 | ▼ 5.9% |
| Operating cash flow (approximation) | €740 | €20,735 | €14,699 | -€7,867 | €4,599 | €10,591 | -€26,186 | €22,695 | - |
| Investment in fixed assets (approximation) | - | -€2,556 | -€445 | -€5,512 | -€505 | -€33,158 | €0 | €0 | - |
| Change in cash | - | -€2,048 | €20,884 | -€11,092 | -€617 | -€4,369 | -€12,148 | €1,983 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 25-08-2026 | 2026-00420496 |
| 31-12-2024 | micro format | 26-08-2025 | 2025-00402495 |
| 31-12-2023 | micro format | 28-08-2024 | 2024-00380796 |
| 31-12-2022 | micro format | 11-09-2023 | 2023-00443333 |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20347629 |
| 31-12-2020 | micro format | 24-08-2021 | 2021-52600410 |
| 31-12-2019 | micro format | 21-08-2020 | 2020-42800226 |
| 31-12-2018 | micro format | 23-08-2019 | 2019-49100257 |
| 31-12-2017 | micro format | 17-08-2018 | 2018-45900163 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| CAVEZ Vincent |
|
Owners and capital
Capital and shareholders
- 16-10-2023 Converted to unavailable equity · €18,766.62
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
16-10
Gazette deed
Resignation: CAVEZ Vincent (manager)Appointment: CAVEZ Vincent (director) · Director discharge · Registered office clause10 facts ▸
- Director resignation, CAVEZ Vincent (manager)
- Director appointment, CAVEZ Vincent (director (not named in the articles))
- Director discharge, CAVEZ Vincent
- Registered office clause, “5080 La Bruyère (Emines),Rue Cahiet 7” (deed in French)
- Other provision, “communication vers adresse réputée valable, sovitec.sprl@outlook.com” (deed in French)
- Power of attorney
- General meeting, 05-10-2023
- Amendment of the articles (2 times)
- Legal-form conversion, “Société à Responsabilité Limitée” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has 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 27 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 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 92036B0014/00M000 | Wallonia | 1,392 m² | 1 · 166 m² | 7.4 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’étude et la réalisation de tous travaux de construction, publics et privés, en qualité d’entrepreneur général ou en sous-traitance, la…” (deed in French)
10 activities (deed in French)
- L’étude et la réalisation de tous travaux de construction, publics et privés, en qualité d’entrepreneur général ou en sous-traitance, la conception et la construction de tous bâtiments et édifices, l’étude et la réalisation de décorations tant intérieures qu’extérieures
- Toutes opérations se rapportant directement ou indirectement à l’entretien, la rénovation, les travaux de réparations, d’embellissements, de renouvellement et de modernisation, et la maintenance de tous les types d’ouvrages d’art, de biens immeubles, et plus généralement toutes opérations se rapportant directement ou indirectement aux secteurs des travaux publics et privés et du bâtiment
- La prestation de conseils et d’assistance tant au point de vue technique qu’administratif et commercial à toutes sociétés et entreprises, pour tout ce qui concerne le secteur des biens immobiliers
- L’acquisition de tous terrains, la construction de tous bâtiments publics et particuliers, l’achat, la vente, la location, la division et le lotissement de tous immeubles
- La prise en considération de tous travaux concernant la distribution de l’eau, du gaz, de l’électricité, etc., l’établissement et l’exploitation de tous moyens de transport, ports, canaux, routes, etc.
- L’achat, la vente, la location, l’importation, l’exportation de tous matériaux, marchandises, appareils et outillages nécessaires aux travaux de construction, d’entretien, de maintenance, de réparation et de renouvellement des ouvrages d’art et bâtiments
- La préparation, la rédaction et la conclusion en tant que mandataire ou pour compte propre, de tous marchés de travaux publics ou privés ou de fourniture et faite toutes opérations se rattachant à ces objets
- Toutes opérations commerciales, industrielles, mobilières, immobilières ou financières se rattachant directement ou indirectement à l’industrie des travaux publics et privés
- S’intéresser par voie d’apport, de fusion, de souscription, d’intervention financière ou par tout autre mode, dans toutes sociétés ou entreprises, en Belgique ou à l’étranger, ayant en tout ou en partie, un objet similaire ou connexe au sien ou susceptible d’en favoriser l’extension et le développement
- Prêter à toutes sociétés et se porter caution pour elles, même hypothécairement
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SOVITEC
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne, organe d’administration” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 12. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Assemblée générale à tout moment avec ou sans préavis et sans motif sauf nommés dans statuts, un ou plusieurs administrateurs, personnes…” (deed in French)“Fixe ou proportionnelle, assemblée générale” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “186, répartition des bénéfices et des produits de la liquidation” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement, titre onéreux ou gratuit, volontaires ou forcées, usufruit nue-propriété pleine…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Modifications statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Faculté assemblée désigner liquidateurs et fixer pouvoirs émoluments, administrateurs en fonction désignés par statuts si aucun autre…” (deed in French)