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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
49 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SOBELHOR from Brussel, company number BE0443724421, closed financial year 2025 with a result of € 90,171 after tax. For that financial year SOBELHOR recorded a gross margin of € 199,836 and equity of € -133,631. Compared with financial year 2024, the result moved from € -99,374 to € 90,171. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 12, 2026.
€ -133,631
▲ € 90,171 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 90,171
▲ still € 99,374 loss in 2024
Profit after tax over the fiscal year.
€ 8,552
▼ 79% 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 € -252,223.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 106,405
▲ 23% vs 2024
€ 106,400 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 19,941
▲ 63% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -15,629 | € 66,073 | € 6,202 | € 199,836 | ▲ € 193,634 |
| Profit after taxes | € -124,265 | € -49,729 | € -99,374 | € 90,171 | ▲ € 189,545 |
| Equity | € -74,699 | € -124,428 | € -223,802 | € -133,631 | ▲ € 90,171 |
| Total debts | € 293,355 | € 311,625 | € 451,431 | € 250,579 | ▼ 44% |
| Cash | € 20,848 | € 6,962 | € 40,204 | € 8,552 | ▼ 79% |
| Retained profit | € -193,291 | € -243,020 | € -342,394 | € -252,223 | ▲ € 90,171 |
| Balance sheet total | € 218,656 | € 187,197 | € 227,629 | € 116,947 | ▼ 49% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of SOBELHOR, 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 SOBELHOR?
What happened at SOBELHOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 90,171. filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 124,265 loss in 2022 to € 90,171 profit in 2025.
Paid € 1,544 in corporate taxes since 2022.
Best year ever: 2025, with € 90,171 profit.
On average € 199,800 of value added per employee in 2025.
Management
Behind SOBELHOR is S.F.M. SRL.
Directors
According to the 2025 annual accounts
Director · represented by Boula de Mareuil Maxime
Establishments
Establishment units
Physical locations of this company
Drukpersstraat 4
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 49 companies are registered at this address.
All companies at this address →Grada
Société de Gestion patrimoniale et financière
€ 557,981 gross margin · 2026
Schalbroek
€ -20,347 gross margin · 2025
Immobilière du Boulevard
€ 31,024 gross margin · 2025
Société anonyme belge de la Forêt du Paular
€ -93,395 gross margin · 2025
+44 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
- 0443.724.421
- VAT number
- BE 0443.724.421
- Registered office
- Drukpersstraat 4, 1000 Brussel
- Names & denominations
- SOBELHOR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 April 1991
- Peppol
- Active · Active since 16 Apr 2026
- Activities · NACE
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Groothandel in elektrisch materiaal inclusief installatiemateriaal
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Groothandel in dranken