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 15 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
SOVESTCO from Kortrijk, company number BE0728702897, closed financial year 2026 with a result of € -58,570 after tax. For that financial year SOVESTCO recorded a gross margin of € 29,071 and equity of € 1.3 million. Compared with financial year 2025, the result moved from € 703,624 to € -58,570. 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 May 6, 2026.
€ 1.3 million
▼ 4% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -58,570
▼ still € 703,624 profit in 2025
Profit after tax over the fiscal year.
€ 80,517
▼ 72% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.2 million.
People and assets in 2026
0
Average over the fiscal year, from the social balance sheet.
€ 4,981
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 1.5 million
▼ 13% vs 2025
€ 228,576 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 1,803
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 273,935 | € 94,105 | € 31,421 | € 29,071 | ▼ 7% |
| Profit after taxes | € 189,868 | € 40,385 | € 703,624 | € -58,570 | ▼ € 762,194 |
| Equity | € 783,871 | € 824,256 | € 1,327,880 | € 1,269,310 | ▼ 4% |
| Total debts | € 1,106,573 | € 2,290,133 | € 2,111,961 | € 1,872,631 | ▼ 11% |
| Cash | € 90,444 | € 53,012 | € 284,456 | € 80,517 | ▼ 72% |
| Retained profit | € 683,871 | € 724,256 | € 1,227,880 | € 1,169,310 | ▼ 5% |
| Dividend | € 0 | € 0 | € 200,000 | € 0 | ▼ 100% |
| Bank debt | € 933,320 | € 2,014,582 | € 1,774,548 | € 1,541,370 | ▼ 13% |
| Balance sheet total | € 1,890,444 | € 3,114,389 | € 3,439,840 | € 3,141,941 | ▼ 9% |
Key figures of SOVESTCO, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to SOVESTCO?
What happened at SOVESTCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 58,570 (▼ € 762,194 vs 2025). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
- Sophie Verbrugghe became a director. NBB
In short
From € 189,868 profit in 2023 to € 58,570 loss in 2026.
Paid € 76,763 in corporate taxes since 2023.
Best year ever: 2025, with € 703,624 profit.
Paid out € 200,000 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind SOVESTCO is Sophie Verbrugghe. It owns 59.9% of Vereecke Services itself.
Directors
According to the 2026 annual accounts
Sophie Verbrugghe
Director
Also active at: VERGA, VEREECKE SERVICES, UNIPROJECT, PREMIUM ESTATE INVEST, VV CONSTRUCTION, SOFIL INVEST, VV PROJECT
since 2019
Establishments
Establishment units
Physical locations of this company
Manpad(Kor) 4
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0728.702.897
- VAT number
- BE 0728.702.897
- Registered office
- Manpad(Kor) 4, 8500 Kortrijk
- Names & denominations
- SOVESTCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 June 2019
- Peppol
- Active · Active since 27 Mar 2025
- Activities · NACE
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