Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
44 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SOGEMAD from Brussel, company number BE0429914490, closed financial year 2025 with a result of € 75,115 after tax. For that financial year SOGEMAD recorded a gross margin of € 1.9 million and equity of € 7.4 million. Compared with financial year 2024, the result moved from € -91,412 to € 75,115. 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 June 17, 2026.
€ 7.4 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 75,115
▲ still € 91,412 loss in 2024
Profit after tax over the fiscal year.
€ 396,963
▼ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.1 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 8,665
▲ 5% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 339,870
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 130,398
▲ 116% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,548,048 | € 1,762,602 | € 1,644,693 | € 1,851,441 | ▲ 13% |
| Profit after taxes | € -161,368 | € -168,905 | € -91,412 | € 75,115 | ▲ € 166,526 |
| Equity | € 7,580,523 | € 7,411,618 | € 7,320,206 | € 7,395,321 | ▲ 1% |
| Total debts | € 9,023,932 | € 8,155,713 | € 7,283,127 | € 6,083,738 | ▼ 16% |
| Cash | € 663,987 | € 662,179 | € 581,364 | € 396,963 | ▼ 32% |
| Land & buildings | € 14,912,909 | € 13,702,800 | € 12,464,801 | € 11,274,346 | ▼ 10% |
| Retained profit | € 1,577,372 | € 2,265,271 | € 2,745,062 | € 3,105,778 | ▲ 13% |
| Balance sheet total | € 16,754,455 | € 15,567,330 | € 14,603,333 | € 13,479,059 | ▼ 8% |
Key figures of SOGEMAD, 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 SOGEMAD?
What happened at SOGEMAD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lorraine Boone stepped down as director. NBB
- Julie Boone stepped down as director. NBB
- Laurent Boone stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 75,115. Source: NBB ↗
- Lorraine Boone became a director. NBB
- Julie Boone became a director. NBB
- Laurent Boone became a director. NBB
- New establishment in Brussel. KBO
In short
From € 161,368 loss in 2022 to € 75,115 profit in 2025.
Paid € 840,276 in corporate taxes since 2022.
Best year ever: 2025, with € 75,115 profit.
A new publication or filing at SOGEMAD? We notify you, reason included.
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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
Directors
According to the 2025 annual accounts
Lorraine Boone
Managing director
since 2023 · until 2028
Julie Boone
Chairman of the board
since 2023 · until 2028
Laurent Boone
Managing director
since 2023 · until 2028
Establishments
Establishment units
Physical locations of this company
Wetstraat 23
1040 Brussel
Wetstraat 23
1000 Brussel
Active since 16 April 1992
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 44 companies are registered at this address.
All companies at this address →Conseil Supérieur du Lycée Français International d’Anvers
€ 203 gross margin · 2024
B.B.M. - Bureau d'Affaires Européennes
Chambre de Commerce et d'Industrie FRANCE BELGIQUE
MUSH DIFFUSION
CHAMBRE FRANCAISE DE COMMERCE ET D'INDUSTRIE DE BELGIQUE
€ 337,833 gross margin · 2025
+39 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0429.914.490
- VAT number
- BE 0429.914.490
- Registered office
- Wetstraat 23, 1040 Brussel
- Names & denominations
- SOGEMAD
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 1986
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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