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 6 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
SOREX IMMO from Waterloo, company number BE0442516671, closed financial year 2025 with a result of € -31,610 after tax. For that financial year SOREX IMMO recorded a gross margin of € -10,782 and equity of € 109,374. Compared with financial year 2024, the result moved from € -24,577 to € -31,610. 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 August 28, 2026.
€ 109,374
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -31,610
▼ 29 % more loss than in 2024
Profit after tax over the fiscal year.
€ 4,006
▼ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 47,874.
People and assets in 2025
€ 1,183
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 69,087
▲ € 66,531 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 58,743 | € 21,183 | € -4,028 | € -10,782 | ▼ € 6,754 |
| Profit after taxes | € 29,664 | € 736 | € -24,577 | € -31,610 | ▼ € 7,034 |
| Equity | € 204,552 | € 205,288 | € 140,984 | € 109,374 | ▼ 22% |
| Total debts | € 7,536 | € 3,772 | € 42,966 | € 69,767 | ▲ 62% |
| Cash | € 67,097 | € 64,958 | € 44,331 | € 4,006 | ▼ 91% |
| Land & buildings | € 130,623 | € 119,790 | € 108,957 | € 98,124 | ▼ 10% |
| Retained profit | € 143,052 | € 143,788 | € 79,484 | € 47,874 | ▼ 40% |
| Dividend | € 0 | € 0 | € 39,727 | € 0 | ▼ 100% |
| Balance sheet total | € 212,088 | € 209,060 | € 183,950 | € 179,141 | ▼ 3% |
Key figures of SOREX IMMO, 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 SOREX IMMO?
What happened at SOREX IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 31,610. filed late Source: NBB ↗
- Pascaline DELWART became a director. NBB
- Kévin KEUSTERMANS became a director. NBB
- Bernard DELWART became a director. NBB
- Roland de Bargigli stepped down as director. NBB
- Roland de Bargigli became a director. NBB
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,664 profit in 2022 to € 31,610 loss in 2025.
Paid € 14,864 in corporate taxes since 2022.
Best year ever: 2022, with € 29,664 profit.
Paid out € 39,727 in dividends to the owners in total.
Management
Behind SOREX IMMO are Pascaline DELWART, Kévin KEUSTERMANS and Bernard DELWART. Bernard DELWART is also behind SERVIM, Floriphar, SANTÉ IMMO, PHARMACIE DU VERT CHASSEUR and ChemoSensoryX Biosciences SA.
Directors
According to the 2025 annual accounts
Pascaline DELWART
Managing director
since 2025
Kévin KEUSTERMANS
Director
since 2025
Bernard DELWART
Director
Also active at: SERVIM, Floriphar, SANTÉ IMMO, PHARMACIE DU VERT CHASSEUR, ChemoSensoryX Biosciences SA
since 2025
Roland de Bargigli
Director
since 2023 · until 2025
Establishments
Establishment units
Physical locations of this company
Chemin des Postes 151a
1410 Waterloo
Chemin des Postes 151
1410 Waterloo
Active since 28 May 1997
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0442.516.671
- VAT number
- BE 0442.516.671
- Registered office
- Chemin des Postes 151a, 1410 Waterloo
- Names & denominations
- SOREX IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 1990
- Peppol
- Active · Active since 3 Mar 2026