Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Sogepau from Watermaal-Bosvoorde, company number BE0786329411, closed financial year 2025 with a result of € -586,171 after tax. For that financial year Sogepau recorded a gross margin of € 89,607 and equity of € -528,334. Compared with financial year 2024, the result moved from € 34,690 to € -586,171. The company made a loss. 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 July 14, 2026.
€ -528,334
▼ € 586,171 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -586,171
▼ still € 34,690 profit in 2024
Profit after tax over the fiscal year.
€ 10,353
▼ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -533,334.
People and assets in 2025
€ 21,726
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 591,711
▼ 19% vs 2024
€ 140,432 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1,699
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,900
▼ 1% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,394 | € 73,910 | € 87,080 | € 89,607 | ▲ 3% |
| Profit after taxes | € -5,341 | € 23,488 | € 34,690 | € -586,171 | ▼ € 620,861 |
| Equity | € -341 | € 23,147 | € 57,837 | € -528,334 | ▼ € 586,171 |
| Total debts | € 1,637,931 | € 1,518,210 | € 1,400,468 | € 1,383,424 | ▼ 1% |
| Cash | € 100,006 | € 90,001 | € 23,189 | € 10,353 | ▼ 55% |
| Retained profit | € -5,341 | € 18,147 | € 52,837 | € -533,334 | ▼ € 586,171 |
| Bank debt | € 985,324 | € 858,578 | € 727,424 | € 591,711 | ▼ 19% |
| Balance sheet total | € 1,637,590 | € 1,541,357 | € 1,458,305 | € 855,090 | ▼ 41% |
Key figures of Sogepau, 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 Sogepau?
What happened at Sogepau in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 586,171 (▼ € 620,861 vs 2024). Source: NBB ↗
- New establishment in Watermaal-Bosvoorde. KBO
- Pauline Riga became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 5,341 loss in 2022 to € 586,171 loss in 2025.
Paid € 33,108 in corporate taxes since 2022.
Best year ever: 2024, with € 34,690 profit.
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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 Sogepau is Pauline Riga. It owns 37.5% of VAJRA SRL and 37.5% of Delibio itself.
Directors
According to the 2025 annual accounts
since 2022
Establishments
Establishment units
Physical locations of this company
Klokjeslaan 60
1170 Watermaal-Bosvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0786.329.411
- VAT number
- BE 0786.329.411
- Registered office
- Klokjeslaan 60, 1170 Watermaal-Bosvoorde
- Names & denominations
- Sogepau
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 May 2022
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
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