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 43 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SOGEDEC from Namur, company number BE0444342944, closed financial year 2025 with a result of € 49,329 after tax. For that financial year SOGEDEC recorded revenue of € 9.1 million and equity of € 3.7 million. Compared with financial year 2024, the result moved from € 74,826 to € 49,329. The company is profitable. 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 April 30, 2026.
€ 3.7 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 49,329
▼ 34% vs 2024
Profit after tax over the fiscal year.
€ 83,828
▲ 9% 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 € 3.6 million.
People and assets in 2025
32.2
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▼ 3% vs 2024
€ 44,100 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.
€ 858
▼ 89% 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.
€ 197,382
▼ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 9 days on average.
€ 296,335
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 11,027,828 | € 10,043,286 | € 9,143,526 | € 9,098,719 | |
| Profit after taxes | € 192,337 | € -323,413 | € 74,826 | € 49,329 | ▼ 34% |
| Equity | € 3,896,813 | € 3,573,400 | € 3,648,226 | € 3,697,556 | ▲ 1% |
| Total debts | € 1,132,496 | € 790,556 | € 906,808 | € 494,440 | ▼ 45% |
| Cash | € 208,909 | € 108,661 | € 77,141 | € 83,828 | ▲ 9% |
| Retained profit | € 3,826,813 | € 3,503,400 | € 3,578,226 | € 3,627,556 | ▲ 1% |
| Dividend | € 100,820 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 5,033,037 | € 4,363,956 | € 4,555,034 | € 4,191,996 | ▼ 8% |
| Employees (FTE) | 35.6 | 33.9 | 33.3 | 32.2 | ▼ 1.1 |
Key figures of SOGEDEC, 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 SOGEDEC?
What happened at SOGEDEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DE.MA.IN SRL stepped down as director. NBB
- DELVINVEST SA stepped down as director. NBB
- EMMANUELLE BRIMIOULLE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 49,329 (▼ 34% vs 2024). Source: NBB ↗
- DE.MA.IN SRL became a director. NBB
- DELVINVEST SA became a director. NBB
- EMMANUELLE BRIMIOULLE became a director. NBB
- New establishment in Beloeil. KBO
In short
From € 192,337 profit in 2022 to € 49,329 profit in 2025.
Paid € 65,525 in corporate taxes since 2022.
Best year ever: 2022, with € 192,337 profit.
Paid out € 100,820 in dividends to the owners in total.
Management
The shares are held by OLIVIER DELVAUX (99%) and EMMANUELLE BRIMIOULLE (1%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Managing director · represented by OLIVIER DELVAUX
Also active at: Dema, M.G.S., FINSBURY REAL ESTATES, JAMENE
since 2023 · until 2029
since 2023 · until 2029
Shareholders
OLIVIER DELVAUX
99%
EMMANUELLE BRIMIOULLE · director
1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue des Fours à chaux(SS) 10
5002 Namur
Rue de la Station 35
6110 Montigny-le-Tilleul
Active since 4 December 2001
Chaussée de Nivelles(FW) 89
5020 Namur
Active since 22 June 1999
Avenue du Centenaire 44
1400 Nivelles
Active since 29 June 1999
Chemin du Try Châlons 37
5660 Couvin
Active since 18 February 2003
Rue des 4 Bras 60
6540 Lobbes
Active since 29 March 2004
Clos du Chêne au Bois SN
7160 Chapelle-lez-Herlaimont
Active since 1 September 2004
Rue du Moulin(Cer) 23 box C
5630 Cerfontaine
Active since 28 March 2012
Chaussée de Namur 260
1495 Villers-la-Ville
Active since 1 April 2014
Rue de Corbais 170
1435 Mont-Saint-Guibert
Active since 1 April 2014
Rue Grande (Bas) 234
7971 Beloeil
Active since 1 February 2015
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0444.342.944
- VAT number
- BE 0444.342.944
- Registered office
- Rue des Fours à chaux(SS) 10, 5002 Namur
- Names & denominations
- SOGEDEC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 June 1991
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen en glas (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte vanaf 400 m2.
Detailhandel in verlichtingsartikelen
Detailhandel in sanitaire artikelen en sanitair installatiemateriaal
Detailhandel in andere huishoudelijke artikelen, neg
Detailhandel in ijzerwaren en gereedschappen
Detailhandel in verf en verfwaren
Detailhandel in verlichtingsartikelen in gespecialiseerde winkels
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