SOBASIM
ActiveSOBASIM has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €319k and a net result of €-1k. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 56% of 4501 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+35
Solvency71▼-7
Growth35▼-17
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity short (current ratio 0.56 against 0.42 in 2024; short-term debt: 54.1% and cash: 19.4% of total assets), and 54.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
26 d late
2023
27 d late
2022
28 d late
2021
29 d late
2020
29 d late
2019
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€48k▼ 83.0%
2024 · €283k
2024: €283k
2024 → 2025
EBIT margin
9.6%▲ 2.5pp
2024 · 7.1%
2024: 7.1%
2024 → 2025
Net result
€-1k▲ 80.4%
2024 · €-7k
2018: €117k
2019: €21k
2020: €25k
2021: €45k
2022: €2k
2023: €-11k
2024: €-7k
2018 → 2025
Working capital
€-166k▼ 11.5%
2024 · €-149k
2018: €-5k
2019: €16k
2020: €34k
2021: €-24k
2022: €-93k
2023: €-130k
2024: €-149k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€283k€48k▼ 83.0%
Equity€336k-€339k▲ 0.6%€328k▼ 3.2%€321k▼ 2.1%€319k▼ 0.4%
Operating result€81k-€20k▼ 75.0%€13k▼ 38.5%€20k▲ 60.9%€5k▼ 77.1%
Net result€45k-€2k▼ 95.2%€-11k€-7k▲ 38.3%€-1k▲ 80.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 77% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €700k
Fixed assets
€488k▼ 2.3%
Current assets
€212k▲ 96.3%
Equity and liabilities €700k
Equity
€319k▼ 0.4%
Debt
€380k▲ 32.7%
The debt ratio rises from 47.2% to 54.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€16k▼
2024 · €36k
Cash flow
€10k▲
2024 · €9k
Solvency
45.7%▼
2024 · 52.8%
Current ratio
0.56▲
2024 · 0.42
Quick ratio
0.56▲
2024 · 0.42
Debt / equity
1.19▲
2024 · 0.89
ROE
-0.4%▲
2024 · -2.1%
ROA
-0.2%▲
2024 · -1.1%
Interest coverage
7.11▲
2024 · 1.53
Debt
€380k▲
2024 · €286k
Debt ≤ 1 year
€378k▲
2024 · €257k
Debt > 1 year
€2k▼
2024 · €29k
Income taxes
€4k▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€607k€700k▲
Formation expenses20€0€0=
Fixed assets21/28€499k€488k▼
Tangible fixed assets22/27€12k€118▼
Plant, machinery and equipment23€64€0▼
Furniture and vehicles24€12k€118▼
Financial fixed assets28€488k€488k=
Current assets29/58€108k€212k▲
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€103k€75k▼
Trade receivables40€97k€36k▼
Other amounts receivable41€5k€39k▲
Cash at bank and in hand54/58€5k€135k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€607k€700k▲
Equity10/15€321k€319k▼
Contributions10/11€125k€125k=
Outside capital11€125k€125k=
Other1109/19€125k€125k=
Reserves13€203k€193k▼
Non-distributable reserves130/1€13k€13k=
Reserves not available under the articles1311€13k€13k=
Distributable reserves133€190k€180k▼
Profit (loss) carried forward14€-7k€2k▲
Amounts payable17/49€286k€380k▲
Amounts payable after more than one year17€29k€2k▼
Financial debts170/4€29k€2k▼
Amounts payable within one year42/48€257k€378k▲
Current portion of amounts payable after more than one year42€26k€27k▲
Trade debts44€974€4k▲
Suppliers440/4€974€4k▲
Taxes, remuneration and social security45€10k€6k▼
Taxes450/3€10k€6k▼
Other amounts payable47/48€220k€341k▲
Income statement
Code20242025
Turnover70€283k€48k▼
Goods, raw materials, services and sundry goods60/61€33k€35k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€12k▼
Other operating charges640/8€1k€4k▲
Gross operating margin9900€37k€21k▼
Operating profit (loss)9901€20k€5k▼
Financial charges65/66B€23k€2k▼
Recurring financial charges65€23k€2k▼
Profit (loss) for the period before taxes9903€-3k€2k▲
Income taxes67/77€4k€4k▼
Profit (loss) for the period9904€-7k€-1k▲
Profit (loss) for the period to be appropriated9905€-7k€-1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-8k▼
Profit (loss) brought forward from the previous period14P€55€-7k▼
Transfer from equity791/2-€10k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 26 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 27 days late
2023
31-12
Financial
Weakest financial yearnet €-11k ▼609%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 28 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
29-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 29 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bassenge · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Frenay 64690 BassengeGround area
6,898 m²
Building footprint
347 m²
Volume, LiDAR
1,638 m³
2 parcels, Wallonia · tallest building 12.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SOBASIM
since 20142.236.909.674
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62011B0963/00D000 | Wallonia | 5,181 m² | 1 · 160 m² | 8.0 m · 2 fl. |
| 62011B0964/00D000 | Wallonia | 1,716 m² | 1 · 187 m² | 12.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
WIM BEYAERT PROJECTS
BE 0675.845.520
Zwevegem · Eq €320k
Sine Labore Nihil
BE 0810.353.737
Grobbendonk · Eq €320k
ESTIA IMMO
BE 0742.920.030
Brussel · Eq €320k
GUESTIMMO
BE 0811.424.794
Oudergem · Eq €320k
IMMO YADA
BE 0818.125.516
Maldegem · Eq €320k
Of 9,696 companies in sector 68121 we hold annual accounts for 7,378. 5,113 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-10-2014
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
41001General construction of residential buildings
68122Development of non-residential building projects
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.