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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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
SM SOVET from Ciney, company number BE0429456711, closed financial year 2025 with a result of € 151,865 after tax. For that financial year SM SOVET recorded a gross margin of € 78,819 and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 146,078 to € 151,865. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 2.1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 151,865
▲ 4% vs 2024
Profit after tax over the fiscal year.
€ 59,645
▼ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 150,000 paid out
99 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
€ 228,854
▼ 32% vs 2024
€ 110,519 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 5,619
▼ 68% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,564
▲ 29% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 84,774 | € 70,627 | € 82,009 | € 78,819 | ▼ 4% |
| Profit after taxes | € 191,540 | € 278,560 | € 146,078 | € 151,865 | ▲ 4% |
| Equity | € 1,903,055 | € 2,041,616 | € 2,087,693 | € 2,089,559 | |
| Total debts | € 704,250 | € 620,265 | € 484,773 | € 409,904 | ▼ 15% |
| Cash | € 179,044 | € 243,981 | € 121,407 | € 59,645 | ▼ 51% |
| Land & buildings | € 241,596 | € 235,984 | € 254,958 | € 251,348 | ▼ 1% |
| Retained profit | € 1,828,687 | € 1,967,247 | € 2,013,325 | € 2,015,190 | |
| Dividend | € 120,000 | € 140,000 | € 100,000 | € 150,000 | ▲ 50% |
| Bank debt | € 541,219 | € 440,201 | € 336,111 | € 228,854 | ▼ 32% |
| Balance sheet total | € 2,607,305 | € 2,661,880 | € 2,572,467 | € 2,499,463 | ▼ 3% |
Key figures of SM SOVET, 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 SM SOVET?
What happened at SM SOVET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- NANCY SOVET stepped down as director. NBB
- IMMOBILIERE SOVET stepped down as director. NBB
- JOSE SOVET stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 151,865 (▲ 4% vs 2024). Source: NBB ↗
- New establishment in Ciney. KBO
- NANCY SOVET became a director. NBB
- IMMOBILIERE SOVET became a director. NBB
- JOSE SOVET became a director. NBB
In short
From € 191,540 profit in 2022 to € 151,865 profit in 2025.
Paid € 98,325 in corporate taxes since 2022.
Best year ever: 2023, with € 278,560 profit.
Paid out € 510,000 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
It owns 97.6% of IMMOBILIERE SOVET SA itself.
Directors
According to the 2025 annual accounts
NANCY SOVET
Director
since 2011 · until 2028
Director
since 2004 · until 2028
since 2004 · until 2028
Establishments
Establishment units
Physical locations of this company
Rue du Moulin de Biron 2
5590 Ciney
Rue du Moulin(Leignon) 2
5590 Ciney
Active since 12 November 1987
Chacoux 2
5590 Ciney
Active since 1 January 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0429.456.711
- VAT number
- BE 0429.456.711
- Registered office
- Rue du Moulin de Biron 2, 5590 Ciney
- Names & denominations
- SM SOVET
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 August 1986
- Peppol
- Not registered