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SOREX

Active
Public limited companyfounded 1934active for 91 yearsRue de la Citronnelle 25, 1348 Ottignies-Louvain-la-Neuve, BelgiumKBO/BCE: BE 0401.377.090
Summary

SOREX has been active since 1934 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.3m and a net result of -€162,398. Equity is shrinking by about 3.5% per year across the filed financial years. Its solvency ranks better than 95% of 819 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Manufacture of fabricated metal products, except machinery and equipment
NACE 25999
Oldest company in Ottignies-Louvain-la-Neuve, Manufacturing sector1 site
Size
€2.5mtotal assets 2025
Equity
€2.3m
Loss
-€162,398
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Accounts filed 21 days late3 of 21 deeds read
Why 94raises riskLoss of €162,398, the second in a row (financial year 2025)Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskLiquidity: current ratio 8.09, cash €643,972Founded in 1934Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 54% of its sector peers (NACE 25, small)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 91.3% of total assets
Liquidity 82-1
short-term debt 8.7% · cash 26.0%
Profitability 17+17
return on assets -6.6%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.3% (747 companies, NACE 25, small)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.4%▲ +0.1 percentage points vs 03-2025 05-2025: 0.5%▲ +0.1 percentage points vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.8%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.5%▼ -0.3 percentage points vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.4%▼ -0.1 percentage points vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.5%▲ +0.1 percentage points vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.3%▼ -0.2 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%▼ -0.3 percentage points vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €210,000 on 30-day terms is acceptable
Liquidity ample (current ratio 8.09, compared with 10.89 in 2024, above the usual 1.5; short-term debt: 8.7% and cash: 26% of total assets), and 8.7% 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 25, small): better than 94% on solvency, 93% on liquidity, 10% on profitability and 20% on growth.

The bankruptcy probability was computed on 18-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €162,398, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 8.09, cash €643,972
NBB · annual accounts
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
lowers risk · Founded in 1934
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€162,398
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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
21 days late
2024
29 days late
2023
23 days early
2022
28 days early
2021
74 days early
2020
45 days early
2019
8 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 18 days before the deadline; the sector median (NACE 25) for financial year 2024 is 7 days before the deadline, and 35% 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 9 July (4 of the last 5 filed years within 51 days of that day).
Companies Code · seven months
Where today falls in the filing period
19-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. RestructuringMerger · Capital · Shareholding
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Risk: 3 loss-making years in a rowloss financial year 2025 -€162,398 View
  • Positive: Result rose in 2025from -€1.2m to -€162,398 ▲ 86.6% View
  • Positive: Oldest company in Ottignies-Louvain-la-Neuve, Manufacturing sectorin the Checked rankings No. 1 View
  • Active since 1934founded 08-12-1934 91 years View
  • Known shareholdersaccounts at 31-12-2025 100% View

By topic

Financials

Financial year
2025
Total assets
€2.5m
Loss
-€162,398
Solvency
91.3%
Turnover▼ 36.4%
Net result
20192020
Go to Financials

Timeline

Events
55
Since
1978
Next accounts
by 31-07-2027
  1. 31-12-2024Weakest financial year
  2. 31-12-2024Liquidity more than 6 times
  3. 08-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of fabricated metal products, except machinery and…NACE 25999
Founded
08-12-1934
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
3
Purpose
“La société a pour objet la fabrication et le commerce de câbles, cordes et tous les autres…” (deed in French)
Go to Articles of association

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