ACTIVE

SOGEHO

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Financial year 2025 · closed on 31/12/2025

Net result

375,3 k €

-3.9% YoY

Gross margin

668,5 k €

+2.5% YoY

Equity

1,8 M €

-1.3% YoY

What does SOGEHO do?

SOGEHO is a Public limited company incorporated in 1988. Its main activity is: Management consultancy activities. Its registered office is in Ixelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0433.618.209

Incorporation

04/03/1988

Legal form

Public limited company

Registered office

Place Marie-José 10 box 3
1050 Ixelles · BruxellesSee on map

Contributed capital

124 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	668,5 k €	+2.5%	652,2 k €	+3.6%	629,6 k €	+19.6%	526,3 k €	+199%	176 k €	+28.5%	136,9 k €	-67.7%	423,4 k €	+3.6%	408,7 k €	+54.0%	265,5 k €	+7.6%	246,8 k €	-17.2%	297,9 k €	+8.9%	273,5 k €	-35.0%	420,9 k €	-43.9%	750,8 k €	+101%	374,5 k €	+8.9%	343,9 k €	+13.5%	302,8 k €	+2.6%	295,3 k €	-5.9%	313,8 k €	+7.4%	292,3 k €
EBITDA	615,6 k €	+2.4%	601,2 k €	+3.8%	579,2 k €	+20.5%	480,6 k €	+262%	132,7 k €	+42.3%	93,3 k €	-75.8%	385,2 k €	+4.8%	367,4 k €	+50.9%	243,5 k €	+10.7%	220 k €	-17.0%	265,1 k €	+6.5%	248,8 k €	-37.6%	398,4 k €	-44.2%	714,4 k €	+106%	346,6 k €	+8.2%	320,2 k €	+17.7%	272,1 k €	+1.4%	268,3 k €	-5.7%	284,6 k €	+8.8%	261,7 k €
Operating result	546,5 k €	+3.4%	528,3 k €	+4.9%	503,8 k €	+27.6%	394,7 k €	+895%	39,7 k €	+151%	-78,4 k €	-124%	321,3 k €	+5.0%	306 k €	+68.5%	181,6 k €	+7.5%	169 k €	-21.1%	214,1 k €	+24.8%	171,5 k €	-47.9%	329,2 k €	-49.6%	652,9 k €	+151%	259,9 k €	+17.0%	222,1 k €	+27.5%	174,2 k €	+20.8%	144,2 k €	+34.9%	106,9 k €	+16.4%	91,9 k €
Net result	375,3 k €	-3.9%	390,5 k €	-13.0%	449,1 k €	-49.6%	891 k €	+10966%	-8,2 k €	+75.9%	-34 k €	-111%	301,9 k €	+69.7%	177,9 k €	+71.7%	103,6 k €	+13.3%	91,4 k €	-18.2%	111,8 k €	+4.6%	106,9 k €	-47.0%	201,5 k €	-45.7%	371,5 k €	+126%	164,5 k €	+114%	76,8 k €	+119%	35,1 k €	+242%	10,3 k €	+129%	-35,5 k €	-884%	4,5 k €
Balance sheet
Equity	1,8 M €	-1.3%	1,8 M €	+5.5%	1,7 M €	+18.9%	1,5 M €	+155%	574 k €	-1.4%	582,2 k €	-5.5%	616,3 k €	+96.1%	314,3 k €	+130%	136,5 k €	-0.3%	136,9 k €	+0.3%	136,4 k €	-5.5%	144,4 k €	+5.0%	137,5 k €	-17.1%	166 k €	-50.4%	334,5 k €	+55.6%	215 k €	+17.4%	183,2 k €	+4.6%	175,1 k €	+3.7%	168,9 k €	-17.4%	204,4 k €
Total assets	2,3 M €	+1.4%	2,2 M €	+2.5%	2,2 M €	-29.7%	3,1 M €	+12.4%	2,7 M €	-1.7%	2,8 M €	+25.8%	2,2 M €	+0.8%	2,2 M €	-2.4%	2,3 M €	+68.4%	1,3 M €	-2.0%	1,4 M €	-17.7%	1,7 M €	-1.7%	1,7 M €	-23.1%	2,2 M €	-11.6%	2,5 M €	-2.2%	2,5 M €	+1.2%	2,5 M €	-1.6%	2,6 M €	-5.5%	2,7 M €	-0.7%	2,7 M €
Cash	98 k €	+1532%	6 k €	-95.3%	127,5 k €	-86.3%	929,1 k €	+2488%	35,9 k €	+1404%	2,4 k €	-96.2%	63,5 k €	+1517%	3,9 k €	-70.5%	13,3 k €	+1231%	1 k €	+117%	462,2 €	-81.8%	2,5 k €	+359%	554 €	+193%	189,1 €	-29.1%	266,5 €	-44.0%	476,3 €	+209%	153,9 €	-72.3%	556,6 €	-62.2%	1,5 k €	+20317%	7,2 €
Debts	440,7 k €	+13.9%	386,8 k €	+1.0%	383,2 k €	-75.9%	1,6 M €	-26.0%	2,2 M €	-1.7%	2,2 M €	+38.6%	1,6 M €	-15.2%	1,9 M €	-11.8%	2,1 M €	+76.8%	1,2 M €	-2.3%	1,2 M €	-18.9%	1,5 M €	-1.5%	1,5 M €	-23.0%	2 M €	-5.9%	2,1 M €	-7.8%	2,3 M €	-0.4%	2,3 M €	-2.4%	2,4 M €	-6.4%	2,5 M €	+0.9%	2,5 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

PIERRE FOULON

Managing director · since 04 mars 1988

Active

STEPHANE GOOD

Managing director · since 04 mars 1988

Active

Ended mandates

PIERRE FOULON

Managing director · since 04 mars 1988 · until 16 décembre 2011

Ended

PIERRE FOULON

Managing director · since 04 mars 1988 · until 16 décembre 2017

Ended

PIERRE FOULON

Managing director · since 04 mars 1988 · until 16 décembre 2023

Ended

STEPHANE GOOD

Managing director · since 04 mars 1988 · until 16 décembre 2011

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/06/2026	18/06/2025	18/06/2024	28/06/2023	01/07/2022	01/07/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	02/06/2023	03/06/2022	04/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	05/06/2026	10/06/2026	French	PDF
Abridged model	31/12/2024	06/06/2025	18/06/2025	French	PDF
Abridged model	31/12/2023	07/06/2024	18/06/2024	French	PDF
Abridged model	31/12/2022	02/06/2023	28/06/2023	French	PDF
Micro model	31/12/2021	03/06/2022	01/07/2022	French	PDF
Micro model	31/12/2020	04/06/2021	01/07/2021	French	PDF
Micro model	31/12/2019	05/06/2020	09/07/2020	French	PDF
Micro model	31/12/2018	07/06/2019	20/06/2019	French	PDF
Micro model	31/12/2017	01/06/2018	04/06/2018	French	PDF
Micro model	31/12/2016	02/06/2017	19/07/2017	French	PDF
Abridged model	31/12/2015	03/06/2016	20/07/2016	French	PDF
Abridged model	31/12/2014	05/06/2015	23/07/2015	French	PDF
Abridged model	31/12/2013	06/06/2014	11/07/2014	French	PDF
Abridged model	31/12/2012	23/06/2013	06/08/2013	French	PDF
Abridged model	31/12/2011	12/03/2012	07/08/2012	French	PDF
Abridged model	31/12/2010	23/06/2011	09/08/2011	French	PDF
Abridged model	31/12/2009	23/06/2010	06/08/2010	French	PDF
Abridged model	31/12/2008	23/06/2009	06/08/2009	French	PDF
Abridged model	31/12/2007	24/06/2008	11/08/2008	French	PDF
Abridged model	31/12/2006	25/06/2007	02/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

PIERRE FOULON

Managing director · since 04 mars 1988

Active

STEPHANE GOOD

Managing director · since 04 mars 1988

Active

Ended mandates

PIERRE FOULON

Managing director · since 04 mars 1988 · until 16 décembre 2011

Ended

PIERRE FOULON

Managing director · since 04 mars 1988 · until 16 décembre 2017

Ended

PIERRE FOULON

Managing director · since 04 mars 1988 · until 16 décembre 2023

Ended

STEPHANE GOOD

Managing director · since 04 mars 1988 · until 16 décembre 2011

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office14/01/2026
SIEGE SOCIAL
PDF
Mandates10/05/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates03/07/2018
DEMISSIONS, NOMINATIONS
PDF
Registered office10/09/2015
SIEGE SOCIAL
PDF
Registered office25/04/2014
SIEGE SOCIAL
PDF
Mandates08/03/2012
DEMISSIONS, NOMINATIONS
PDF
Mandates10/02/2006
SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025375,3 k €↓
2024
Annual accounts 2024390,5 k €↓
2023
Annual accounts 2023449,1 k €↓
2022
Annual accounts 2022891 k €↑
2021
Annual accounts 2021-8,2 k €↑
2020
Annual accounts 2020-34 k €↓
2019
Annual accounts 2019301,9 k €↑
2018
Annual accounts 2018177,9 k €↑
2017
Annual accounts 2017103,6 k €↑
2016
Annual accounts 201691,4 k €↓
2015
Annual accounts 2015111,8 k €↑
2014
Annual accounts 2014106,9 k €↓
2013
Annual accounts 2013201,5 k €↓
2012
Annual accounts 2012371,5 k €↑
2011
Annual accounts 2011164,5 k €↑
2010
Annual accounts 201076,8 k €↑
2009
Annual accounts 200935,1 k €↑
2008
Annual accounts 200810,3 k €↑
2007
Annual accounts 2007-35,5 k €↓
2006
Annual accounts 20064,5 k €
04/03/1988
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SOGEHO

Overview

What does SOGEHO do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline