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SOWATECHNICS

Active
Private limited companyfounded 1995active for 31 yearsTier d'Acneye (Petithan) 10, 6940 Durbuy, BelgiumKBO/BCE: BE 0454.418.373
Summary

The computed 12-month bankruptcy probability of SOWATECHNICS is 1.7% (moderate). The 2024 annual accounts show equity of €137,624 and a net result of €53,512. Equity is growing by about 56% per year across the filed financial years. Its solvency ranks better than 69% of 15,442 sector peers (NACE 46, financial year 2024). The company has been active since 1995 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Risk analysisFollow ReportCompare
SOWATECHNICSActiveChecked score 57/100
Risk analysis ReportCompare

Overview

Activity
Agents in non-specialised wholesale trade
NACE 46190Holiday cottages, homes and apartments NACE 55203
1 site
Size
≈ €400,000turnover 2024, estimated
Equity
€137,624
Profit
€53,512
Turnover estimated from the gross margin
Financial health
57 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.7%
Structure
2025 accounts not filed, 91 days past the deadline1 of 2 deeds summarised
Why 57raises riskFigures for financial year 2024 (filed 07-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 67 days late; 3 of the last 3 lateSize: total assets €220,062lowers riskFounded in 1995Show the evidence

Checked score

Score 2024
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 70% of its sector peers (NACE 46, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 88+10
equity 62.5% of total assets
Liquidity 35-1
short-term debt 36.8% · cash 1.7%
Profitability 99+8
return on assets 24.3%
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,896 companies, NACE 46, micro)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025lowest value 07-2025: 0.8%▲ +0.2 percentage points vs 06-2025 08-2025: 1.0%▲ +0.2 percentage points vs 07-2025 09-2025: 1.1%▲ +0.1 percentage points vs 08-2025 10-2025: 1.6%▲ +0.5 percentage points vs 09-2025 11-2025: 0.7%▼ -0.9 percentage points vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 1.1%▲ +0.4 percentage points vs 07-2026 09-2026: 1.2%▲ +0.1 percentage points vs 08-2026 10-2026: 1.7%▲ +0.5 percentage points vs 09-2026highest value
Credit of up to €7,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 2.64, compared with 2.09 in 2023, above the usual 1.5; short-term debt: 36.8% and cash: 1.7% of total assets), and 37.5% of the assets are financed with debt and provisions.
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 68% on solvency, 33% on liquidity, 90% on profitability and 90% on growth.

The bankruptcy probability was computed on 29-10-2026 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

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed 07-10-2025)
NBB · annual accounts
lowers risk · Founded in 1995
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 67 days late; 3 of the last 3 late
NBB · filings
raises risk · Size: total assets €220,062
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 91 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline30-10-2026 today
raises risk · 2024 accounts filed 67 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-10-2025, 67 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
67 days late
2023
66 days late
2022
61 days late
2021
120 days late
2020
278 days late
2019
587 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 197 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.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Strikeout withdrawal
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Equity above €100,000equity €137,624 ▲63.6%
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: 2025 accounts not fileddeadline was 31-07-2026 91 days past the deadline View
  • Positive: Equity rose in 2024from €84,112 to €137,624 ▲ 63.6% View
  • Positive: Among the best 13% on net resultsector median €4,936 · 15,424 companies €53,512 View
  • Positive: 7 profitable years in a rowprofit 2024: €53,512 7 years View

By topic

Financials

Financial year
2024
Total assets
€220,062
Profit
€53,512
Solvency
62.5%
Total assets▲ 38.8%
Net result
20182024
Go to Financials

Timeline

Events
34
Since
1996
  1. 29-12-2023Resignation: DUBOIS Etienne Marie (manager)
  2. 30-09-2023Annual accounts filed
  3. 28-11-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Agents in non-specialised wholesale tradeNACE 46190
Founded
07-02-1995
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about SOWATECHNICS

What is the company number of SOWATECHNICS?
0454.418.373. In Belgium the VAT number is the company number with BE in front: BE 0454.418.373.
Where is SOWATECHNICS based?
The registered office is at Tier d'Acneye (Petithan) 10, 6940 Durbuy.Company details
What does SOWATECHNICS do?
According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
What is the legal form of SOWATECHNICS?
Private limited company (BV).
When was SOWATECHNICS founded?
On 07-02-1995.
Is SOWATECHNICS still active?
Yes, SOWATECHNICS is an active enterprise in the KBO register.
How many employees does SOWATECHNICS have?
On average 1 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of SOWATECHNICS?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is SOWATECHNICS profitable?
In financial year 2024, SOWATECHNICS made a profit of €53,512.
Where can I find the annual accounts of SOWATECHNICS?
SOWATECHNICS filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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