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GROUP SOPEX

Active
Public limited companyfounded 1894active for 132 yearsGeneraal Lemanstraat 74, 2600 Antwerpen, Belgium15 active companies are registered at this addressKBO/BCE: BE 0404.854.640
Summary

GROUP SOPEX has been active since 1894 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of USD 49.1m and a net result of USD 3.5m. Its solvency ranks better than 43% of 6,105 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Wholesale trade
NACE 46370Wholesale trade NACE 46360
Oldest company in Belgium, Wholesale trade sector1 site
Size
USD 290.2mturnover 2025
Staff
19.8 FTE
Equity
USD 49.1m
Profit
USD 3.5m
Standalone figures, without subsidiaries
Financial health
86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
HERMIA · 59.56%
Board
6 members
Holdings
11
Auditor: EY Bedrijfsrevisoren BVAccounts 9 days early
Why 86raises riskLiquidity: current ratio 1.45, cash €123,230Profit of €3.5m (financial year 2025)lowers riskFounded in 1894Size: turnover €290.2m, 19.8 FTE, total assets €124.5m, files consolidated accountsShow the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 33% of its sector peers (NACE 46, small)
Financial strength · tick = 2024
Weak
Solvency 64+6
equity 39.4% of total assets
Liquidity 20+4
short-term debt 58.2% · cash 0.1%
Profitability 28-9
return on assets 2.8%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,381 companies, NACE 46, small)
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 04-2025highest value 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.2%▼ -0.4 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
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, small): better than 46% on solvency, 17% on liquidity, 16% on profitability and 53% on growth.

The bankruptcy probability was computed on 19-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.45, cash €123,230
NBB · annual accounts
lowers risk · Founded in 1894
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: turnover €290.2m, 19.8 FTE, total assets €124.5m, files consolidated accounts
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Profit of €3.5m (financial year 2025)
NBB · annual accounts
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 22-07-2026, 9 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
9 days early
2024
50 days early
2023
15 days early
2022
26 days early
2021
25 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 25 days before 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)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
20-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointments: Kronacker Quentin, Kronacker Laura and…Gazette deed
  2. Annual accounts filedfinancial year 2025 · full…
  3. Annual accounts filedfinancial year 2025 · consolidated

Key points

  • Caution: Result fell in 2025from USD 20.4m to USD 3.5m ▼ 82.8% View
  • Positive: Oldest company in Belgium, Wholesale trade sectorin the Checked rankings No. 1 View
  • Controlled by HERMIAthe company in turn controls 12 companies 59.56% View
  • Active since 1894founded 23-04-1894 132 years View
  • New directorlatest change 05-11-2025 · 6 in office 1 joined View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

By topic

Financials

Financial year
2025
Turnover
USD 290.2m
Profit
USD 3.5m
Solvency
39.4%
Turnover▼ 1.0%
Net result
20182025
Go to Financials

Board & ownership

Board
6 members
Parent
HERMIA · 59.56%
Auditor
EY Bedrijfsrevisoren BV
  • Hugues KronackerChair
  • Paul KronackerChair
  • Quentin KronackerDirector
  • Laura KronackerDirector
  • Mathew HalsallDirector

and 1 other director

Go to Board & ownership

Network & group

Subsidiaries
12
Holdings
11
Mergers and asset contributions
1

12 subsidiaries

Go to Network & group

Timeline

Events
113
Since
1979
Next accounts
by 31-07-2027
  1. 19-01-2026Appointment: Paul Radford (director)
  2. 22-07-2025Reappointment: Mathew Halsall (director)
  3. 11-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale tradeNACE 46370
Founded
23-04-1894
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
“1.alle handelsdaden in het algemeen en in het bijzonder de aankoop en de verkoop van…” (deed in Dutch)
Go to Articles of association

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