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 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SOVAGA from Zonnebeke, company number BE0453487965, closed financial year 2025 with a result of € 604,196 after tax. For that financial year SOVAGA recorded a gross margin of € 386,561 and equity of € 22.5 million. Compared with financial year 2024, the result moved from € -429,078 to € 604,196. 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 4, 2026.
€ 22.5 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 604,196
▲ still € 429,078 loss in 2024
Profit after tax over the fiscal year.
€ 452,337
▲ € 384,535 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
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 9,082
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 67,197
▼ 73% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,106,377 | € 1,306,237 | € 471,550 | € 386,561 | ▼ 18% |
| Profit after taxes | € 427,301 | € 615,939 | € -429,078 | € 604,196 | ▲ € 1 million |
| Equity | € 45,967,667 | € 46,583,606 | € 21,917,868 | € 22,522,064 | ▲ 3% |
| Total debts | € 4,144,216 | € 3,246,528 | € 3,411,417 | € 2,106,593 | ▼ 38% |
| Cash | € 216,187 | € 59,956 | € 67,802 | € 452,337 | ▲ € 384,535 |
| Land & buildings | € 32,006,858 | € 32,570,567 | € 9,295,542 | € 9,103,975 | ▼ 2% |
| Retained profit | € 5,967,667 | € 6,583,606 | € 3,027,966 | € 3,632,162 | ▲ 20% |
| Bank debt | € 1,150,756 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 50,111,883 | € 49,830,134 | € 25,329,285 | € 24,628,657 | ▼ 3% |
Key figures of SOVAGA, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 June 2027.
What happened to SOVAGA?
What happened at SOVAGA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 604,196. Source: NBB ↗
- New establishment in Zonnebeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 427,301 profit in 2021 to € 604,196 profit in 2025.
Paid € 531,209 in corporate taxes since 2021.
Best year ever: 2022, with € 615,939 profit.
Management
Behind SOVAGA are ANTOINE VANDEPUTTE, PIERRE VANDEPUTTE and JAN VANDEPUTTE. The same people are also behind LANDBOUWEXPLOITATIE JOZEF DANNEELS. ANTOINE VANDEPUTTE is also behind GALLOO HOLDING, GALLOO WALLONIE, Recuperatie- en Transportmaatschappij, GALLOO and GALLOO TERTRE. PIERRE VANDEPUTTE is also behind Mariënstede, DE GELUWEBEEK, VADEPRO, FRIOLA and OCTANE. JAN VANDEPUTTE is also behind GALLOO HOLDING, GALLOO WALLONIE, Recuperatie- en Transportmaatschappij, GALLOO and GALLOO TERTRE.
Directors
According to the 2025 annual accounts
ANTOINE VANDEPUTTE
Director
Also active at: GALLOO HOLDING, GALLOO WALLONIE, Recuperatie- en Transportmaatschappij, GALLOO, LANDBOUWEXPLOITATIE JOZEF DANNEELS, GALLOO TERTRE, GALLOO LOGISTICS, ADVANCED DESIGN OF RECYCLING MACHINES
PIERRE VANDEPUTTE
Director
Also active at: Mariënstede, LANDBOUWEXPLOITATIE JOZEF DANNEELS, DE GELUWEBEEK, VADEPRO, FRIOLA, OCTANE, LEIESTROOM, Wobam
JAN VANDEPUTTE
Director
Also active at: GALLOO HOLDING, GALLOO WALLONIE, Recuperatie- en Transportmaatschappij, GALLOO, LANDBOUWEXPLOITATIE JOZEF DANNEELS, GALLOO TERTRE, GALLOO LOGISTICS, The Fair Experts +2 more
Establishments
Establishment units
Physical locations of this company
Paardebosstraat 3
8980 Zonnebeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0453.487.965
- VAT number
- BE 0453.487.965
- Registered office
- Paardebosstraat 3, 8980 Zonnebeke
- Names & denominations
- SOVAGA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 September 1994
- Peppol
- Active · Active since 26 May 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Handel in onroerend goed
Handel in eigen onroerend goed
Verhuur van woningen, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed, exclusief sociale woningen