Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 4 to 3.4.
Financials
Financial year 2024
SODEWA from Braine-l'Alleud, company number BE0898592162, closed financial year 2024 with a result of € 8,165 after tax. For that financial year SODEWA recorded a gross margin of € 1.6 million and equity of € 3.8 million. Compared with financial year 2023, the result moved from € 925,309 to € 8,165. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2025.
€ 3.8 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,165
▼ 99% vs 2023
Profit after tax over the fiscal year.
€ 1 million
▼ 41% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 2.8 million.
People and assets in 2024
3.4
▼ 0.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 145,988
▼ 42% vs 2023
€ 42,900 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.
€ 63,561
▲ 56% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 2.6 million
€ 369,705 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 480,559
▼ 17% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 24,040
▼ 52% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,940,027 | € 2,535,833 | € 2,031,054 | € 1,581,054 | ▼ 22% |
| Profit after taxes | € 369,043 | € 891,999 | € 925,309 | € 8,165 | ▼ 99% |
| Equity | € 2,749,932 | € 2,841,932 | € 3,767,240 | € 3,775,406 | |
| Total debts | € 954,102 | € 1,144,483 | € 644,620 | € 3,078,290 | ▲ € 2.4 million |
| Cash | € 1,615,888 | € 1,521,930 | € 1,735,321 | € 1,030,081 | ▼ 41% |
| Land & buildings | € 2,244,561 | € 2,197,386 | € 2,183,779 | € 2,183,779 | |
| Retained profit | € 1,749,932 | € 1,841,932 | € 2,767,240 | € 2,775,406 | |
| Dividend | € 400,000 | € 800,000 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 0 | € 2,568,690 | |
| Balance sheet total | € 4,857,731 | € 5,384,245 | € 5,809,691 | € 8,251,526 | ▲ 42% |
| Employees (FTE) | 4 | 4 | 3.8 | 3.4 | ▼ 0.4 |
Key figures of SODEWA, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to SODEWA?
What happened at SODEWA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- HOLDING DM SA stepped down as director. NBB
- Jean PUTMANS stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 8,165 (▼ 99% vs 2023). Source: NBB ↗
- BRUMIC SRL became a director. NBB
- New establishment in Braine-l'Alleud. KBO
- Start of the company according to the CBE. KBO
In short
From € 369,043 profit in 2021 to € 8,165 profit in 2024.
Paid € 716,495 in corporate taxes since 2021.
Best year ever: 2023, with € 925,309 profit.
On average € 465,000 of value added per employee in 2024.
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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
The stake of HEIDEVELD, HOLDING DM, Etablissements Maurice Wanty, IMMO MARCANNE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SODEWABehind SODEWA is BRUMIC SRL. The shares are held by HEIDEVELD (50%), HOLDING DM (50%), Etablissements Maurice Wanty (25%) and IMMO MARCANNE (25%).
Directors
According to the 2024 annual accounts
Director · represented by Johan Cromphout
Also active at: Carrière du Danube, Immo Hensmans
since 2024
Director · represented by André DE MEUTER
Also active at: LES TROIS FONCIERES, TRANSPORT DE MEUTER, Grond- en Afbraakwerken G. en A. De Meuter, ODIN, KNOTWILG
· until 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue de l'Industrie 7
1420 Braine-l'Alleud
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0898.592.162
- VAT number
- BE 0898.592.162
- Registered office
- Avenue de l'Industrie 7, 1420 Braine-l'Alleud
- Names & denominations
- SODEWA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 June 2008
- Peppol
- Active · Active since 6 Feb 2026
- Activities · NACE
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