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 12 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
SOWAPIMMO from Tournai, company number BE0775896466, closed financial year 2025 with a result of € -36,618 after tax. For that financial year SOWAPIMMO recorded a gross margin of € 76,725 and equity of € 918,780. Compared with financial year 2024, the result moved from € -35,353 to € -36,618. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 918,780
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -36,618
▼ 4 % more loss than in 2024
Profit after tax over the fiscal year.
€ 151,683
▲ € 129,827 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -81,220.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,190
▲ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -6,466 | € -3,291 | € 69,448 | € 76,725 | ▲ 10% |
| Profit after taxes | € -8,983 | € -266 | € -35,353 | € -36,618 | ▼ € 1,265 |
| Equity | € 991,017 | € 990,751 | € 955,398 | € 918,780 | ▼ 4% |
| Total debts | € 3,630 | € 603,630 | € 503,630 | € 1,851,832 | ▲ 268% |
| Cash | € 139,925 | € 95,328 | € 21,856 | € 151,683 | ▲ € 129,827 |
| Land & buildings | - | € 1,493,002 | € 1,431,926 | € 1,370,849 | ▼ 4% |
| Retained profit | € -8,983 | € -9,249 | € -44,602 | € -81,220 | ▼ € 36,618 |
| Balance sheet total | € 994,647 | € 1,594,381 | € 1,459,028 | € 2,770,612 | ▲ 90% |
Key figures of SOWAPIMMO, 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 SOWAPIMMO?
What happened at SOWAPIMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 36,618. Source: NBB ↗
- New establishment in Tournai. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,983 loss in 2022 to € 36,618 loss in 2025.
Paid € 5,858 in corporate taxes since 2022.
Establishments
Establishment units
Physical locations of this company
Rue du Progrès(FRY) 24 box 1
7503 Tournai
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0775.896.466
- VAT number
- BE 0775.896.466
- Registered office
- Rue du Progrès(FRY) 24 bus 1, 7503 Tournai
- Names & denominations
- SOWAPIMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 October 2021
- Peppol
- Not registered