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 49 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 175.7 to 153.5.
Financials
Financial year 2025
SOGESMA from Fleurus, company number BE0866517727, closed financial year 2025 with a result of € -3 million after tax. For that financial year SOGESMA recorded revenue of € 129.7 million and equity of € 25.2 million. Compared with financial year 2024, the result moved from € -2.7 million to € -3 million. 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 July 24, 2026.
€ 25.2 million
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3 million
▼ 14 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1.4 million
▲ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 20.8 million.
People and assets in 2025
153.5
▼ 11.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 11.9 million
▼ 12% vs 2024
€ 77,600 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.
€ 264,186
▼ 9% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 31.9 million
▼ 14% vs 2024
€ 5.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 32.7 million
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 97 days on average.
€ 6.7 million
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 160,726,074 | € 163,989,879 | € 136,514,334 | € 129,657,322 | ▼ 5% |
| Profit after taxes | € -80,166 | € 12,791,302 | € -2,657,116 | € -3,025,412 | ▼ € 368,296 |
| Equity | € 18,067,694 | € 30,858,997 | € 28,201,880 | € 25,176,468 | ▼ 11% |
| Total debts | € 144,747,427 | € 106,023,315 | € 111,158,030 | € 80,011,040 | ▼ 28% |
| Cash | € 14,353,825 | € 10,540,884 | € 1,041,485 | € 1,367,800 | ▲ 31% |
| Retained profit | € 13,670,594 | € 26,461,896 | € 23,804,780 | € 20,779,367 | ▼ 13% |
| Dividend | € 8,713,579 | € 0 | € 0 | € 0 | |
| Bank debt | € 31,992,477 | € 42,237,791 | € 36,914,151 | € 31,852,437 | ▼ 14% |
| Balance sheet total | € 162,857,084 | € 136,904,144 | € 139,456,475 | € 106,254,357 | ▼ 24% |
| Employees (FTE) | 165.7 | 175.7 | 165.2 | 153.5 | ▼ 11.7 |
Key figures of SOGESMA, 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 SOGESMA?
What happened at SOGESMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Rémy LECOMTE stepped down as director. NBB
- GIFI SAS stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 3 million. Source: NBB ↗
- PARGECO SRL stepped down as director. NBB
- François BRUNEAU stepped down as director. NBB
- CONSULCOM SA stepped down as director. NBB
- Jérémie MURGUE stepped down as director. NBB
- Rémy LECOMTE became a director. NBB
In short
From € 80,166 loss in 2022 to € 3 million loss in 2025.
Paid € 496,881 in corporate taxes since 2022.
Best year ever: 2023, with € 12.8 million profit.
Paid out € 8.7 million in dividends to the owners in total.
Management
The shares are held by GIFI DIFFUSION SAS (70%) and MICHMAR II (30%). It owns 100% of PARTEGEN, 100% of TRAFINTER, 100% of SND, 100% of LOGISMA, 100% of FUN BELGIUM and 80% of TRAFICSWITZ itself.
Directors
According to the 2025 annual accounts
Rémy LECOMTE
Director
since 2025 · until 2031
Director · represented by Thomas Marchandise
Also active at: fundoo, LA CONSULTATION COMMERCIALE, Société Immobilière Carolorégienne, ACSI, PARCOFIN, PARDIS, LOCK'O, PARGIMMO +61 more
since 2020 · until 2026
Didier PASCUAL
Director
since 2022 · until 2025
Director · represented by Christophe MISTOU
since 2025 · until 2031
François BRUNEAU
Director
since 2021 · until 2026
Philippe GINESTET
Director
since 2020 · until 2025
Jérémie MURGUE
Director
since 2025 · until 2026
Shareholders
GIFI DIFFUSION SAS
70%
30%
Participations
Establishments
Establishment units
Physical locations of this company
Rue de Capilône(H) 6
6220 Fleurus
Rue de Mettet 204
5620 Florennes
Active since 26 July 2004
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
- 0866.517.727
- VAT number
- BE 0866.517.727
- Registered office
- Rue de Capilône(H) 6, 6220 Fleurus
- Names & denominations
- SOGESMA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 July 2004
- Peppol
- Active · Active since 15 Oct 2025
- Activities · NACE
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