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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SOGESPA from Morlanwelz, company number BE0889048847, closed financial year 2025 with a result of € 15,360 after tax. For that financial year SOGESPA recorded a gross margin of € 28,558 and equity of € -15,282. Compared with financial year 2024, the result moved from € 14,776 to € 15,360. Profitable, and profit is growing. 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 September 28, 2026.
€ -15,282
▲ € 15,360 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,360
▲ 4% vs 2024
Profit after tax over the fiscal year.
€ 6,303
▼ 24% 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 € -27,682.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 107,711
▼ 15% vs 2024
€ 18,783 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 31,703 | € 27,912 | € 30,856 | € 28,558 | ▼ 7% |
| Profit after taxes | € 17,567 | € 16,085 | € 14,776 | € 15,360 | ▲ 4% |
| Equity | € -61,503 | € -45,418 | € -30,642 | € -15,282 | ▲ € 15,360 |
| Total debts | € 212,002 | € 193,702 | € 176,852 | € 152,092 | ▼ 14% |
| Cash | € 2,789 | € 2,991 | € 8,310 | € 6,303 | ▼ 24% |
| Land & buildings | € 128,140 | € 120,748 | € 113,355 | € 105,962 | ▼ 7% |
| Retained profit | € -73,903 | € -57,818 | € -43,042 | € -27,682 | ▲ € 15,360 |
| Bank debt | € 161,272 | € 143,871 | € 126,020 | € 107,711 | ▼ 15% |
| Balance sheet total | € 150,499 | € 148,284 | € 146,210 | € 136,810 | ▼ 6% |
Key figures of SOGESPA, 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 SOGESPA?
What happened at SOGESPA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15,360 (▲ 4% vs 2024). filed late Source: NBB ↗
- Salvatore CHIAVETTA became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 17,567 profit in 2022 to € 15,360 profit in 2025.
Paid € 322 in corporate taxes since 2022.
Best year ever: 2022, with € 17,567 profit.
Management
Behind SOGESPA is Salvatore CHIAVETTA. Salvatore CHIAVETTA is also behind GT ONE MOTOR SPORT.
Directors
According to the 2025 annual accounts
since 2011
Establishments
Establishment units
Physical locations of this company
Rue de la Gade(CAR) 135
7141 Morlanwelz
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
- 0889.048.847
- VAT number
- BE 0889.048.847
- Registered office
- Rue de la Gade(CAR) 135, 7141 Morlanwelz
- Names & denominations
- SOGESPA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 April 2007
- Peppol
- Active · Active since 18 Dec 2025
- Contact
- 0475/52.07.77