Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SOTRABA from Seneffe, company number BE0421205375, closed financial year 2025 with a result of € -504,948 after tax. For that financial year SOTRABA recorded revenue of € 32.9 million and equity of € 4.1 million. Compared with financial year 2024, the result moved from € -1.9 million to € -504,948. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 4.1 million
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -504,948
▲ 74 % less loss than in 2024
Profit after tax over the fiscal year.
€ 33,003
▼ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4 million.
People and assets in 2025
48.7
Average over the fiscal year, from the social balance sheet.
€ 3.7 million
▲ 4% vs 2024
€ 76,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 480,357
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.2 million
Loans from banks and other lenders, long and short.
€ 3.7 million
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 47 days on average.
€ 374,994
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 36,416,937 | € 24,568,512 | € 16,956,317 | € 32,883,210 | ▲ 94% |
| Profit after taxes | € 2,427,994 | € 284,174 | € -1,937,366 | € -504,948 | ▲ € 1.4 million |
| Equity | € 6,359,030 | € 6,501,117 | € 4,563,751 | € 4,058,803 | ▼ 11% |
| Total debts | € 14,458,573 | € 16,384,797 | € 27,254,484 | € 25,881,414 | ▼ 5% |
| Cash | € 488,802 | € 288,346 | € 82,337 | € 33,003 | ▼ 60% |
| Retained profit | € 6,260,156 | € 6,402,243 | € 4,464,877 | € 3,959,929 | ▼ 11% |
| Dividend | € 1,213,997 | € 142,087 | € 0 | € 0 | |
| Bank debt | € 7,667,231 | € 9,460,287 | € 4,150,000 | € 4,150,000 | |
| Balance sheet total | € 21,013,015 | € 23,000,444 | € 31,996,919 | € 30,214,429 | ▼ 6% |
| Employees (FTE) | 50.5 | 50.2 | 48.7 | 48.7 |
Key figures of SOTRABA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SOTRABA?
What happened at SOTRABA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ERBGAR stepped down as director. NBB
- FRANCOIS PIRON stepped down as director. NBB
- AdVIRTUS stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 504,948. Source: NBB ↗
- MERNIER MANAGEMENT ET CONSTRUCTION stepped down as director. NBB
- ERBGAR became a director. NBB
- DMD stepped down as director. NBB
- AdVIRTUS became a director. NBB
In short
From € 2.4 million profit in 2022 to € 504,948 loss in 2025.
Paid € 1 million in corporate taxes since 2022.
Best year ever: 2022, with € 2.4 million profit.
Paid out € 1.4 million in dividends to the owners in total.
Management
The stake of THOMAS & PIRON HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SOTRABAThe shares are held by THOMAS & PIRON HOLDING (99.9%).
Directors
According to the 2025 annual accounts
since 2025 · until 2030
Director · represented by FRANCOIS PIRON
Also active at: THOMAS ET PIRON HOME, Galère, THOMAS & PIRON HOLDING, B.T.A. CONSTRUCT, DESSIN PERFORMANCE ENERGIE, ESPACES PROMOTION, PISCICULTURE DE LA HOUILLE, Thomas & Piron RENOVATION +23 more
since 2024 · until 2030
MERNIER MANAGEMENT ET CONSTRUCTION
Director · represented by BRUNO MERNIER
Also active at: IMMO ARQUENNES, LES ATELIERS DEVELOPMENT, LES ATELIERS LAND
since 2024 · until 2026
since 2024 · until 2025
since 2025 · until 2030
Shareholders
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Chaussée de Nivelles 121
7181 Seneffe
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
MICROSOFT-CORP-MSN-AS-BLOCK - Microsoft Corporation, US
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0421.205.375
- VAT number
- BE 0421.205.375
- Registered office
- Chaussée de Nivelles 121, 7181 Seneffe
- Names & denominations
- SOTRABA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 January 1981
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- sotraba.be
- Activities · NACE
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