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 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SOGAC from Saint-Ghislain, company number BE0440462647, closed financial year 2025 with a result of € -1,424 after tax. For that financial year SOGAC recorded a gross margin of € -987 and equity of € 329,986. Compared with financial year 2024, the result moved from € -1,475 to € -1,424. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 27, 2026.
€ 329,986
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,424
▲ 3 % less loss than in 2024
Profit after tax over the fiscal year.
€ 2,776
▼ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 265,986.
Debts at end 2025
€ 150,000
Loans from banks and other lenders, long and short.
€ 489
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,532 | € -1,882 | € -855 | € -987 | ▼ € 132 |
| Profit after taxes | € -2,230 | € -2,818 | € -1,475 | € -1,424 | ▲ € 51 |
| Equity | € 335,704 | € 332,886 | € 331,411 | € 329,986 | |
| Total debts | € 180,262 | € 180,479 | € 179,985 | € 180,014 | |
| Cash | € 8,552 | € 6,141 | € 4,167 | € 2,776 | ▼ 33% |
| Retained profit | € 271,704 | € 268,886 | € 267,411 | € 265,986 | ▼ 1% |
| Bank debt | € 150,000 | € 150,000 | € 150,000 | € 150,000 | |
| Balance sheet total | € 515,966 | € 513,365 | € 511,395 | € 510,001 |
Key figures of SOGAC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to SOGAC?
What happened at SOGAC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,424. Source: NBB ↗
- Anne VANDER SCHUEREN stepped down as director. NBB
- New establishment in Saint-Ghislain. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,230 loss in 2022 to € 1,424 loss in 2025.
Management
It owns 50% of ITB INVESTMENT itself.
Directors
According to the 2025 annual accounts
Anne VANDER SCHUEREN
Director
· until 2025
Establishments
Establishment units
Physical locations of this company
Rue du Mont-Garni(B) 6
7331 Saint-Ghislain
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0440.462.647
- VAT number
- BE 0440.462.647
- Registered office
- Rue du Mont-Garni(B) 6, 7331 Saint-Ghislain
- Names & denominations
- SOGAC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 March 1990
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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