ACTIVE

SOVA ENGINEERING

Financial year 2025 · closed on 31/12/2025
Net result
-136,7 k €
-963.0% YoY
Revenue
1,2 M €
-29.0% YoY
Equity
614,9 k €
-18.2% YoY
Workforce
5,9 ETP
-23.4% YoY

What does SOVA ENGINEERING do?

SOVA ENGINEERING is a Public limited company incorporated in 1990. Its main activity is: Manufacture of plastic products. Its registered office is in Tielt. It employs on average 5,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0442.847.263
Incorporation
27/12/1990
Legal form
Public limited company
Registered office
Szamotulystraat 18
8700 Tielt · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
5,9 ETP
Joint committees (1)
  • 116
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue1,2 M €1,7 M €1,6 M €1,7 M €1,7 M €2,2 M €
EBITDA360,2 k €359,7 k €399,2 k €494,4 k €396,0 k €373,9 k €621,5 k €446,7 k €624,7 k €192,4 k €147,5 k €187,7 k €292,7 k €402,0 k €385,6 k €341,7 k €142,6 k €134,7 k €288,9 k €402,0 k €
Operating result22,3 k €31,5 k €48,1 k €54,9 k €90,2 k €9,3 k €72,7 k €24,6 k €74,0 k €33,1 k €66,1 k €53,1 k €21,1 k €102,5 k €44,9 k €40,5 k €70,4 k €28,9 k €59,0 k €18,9 k €
Net result-136,7 k €15,8 k €15,2 k €33,1 k €10,9 k €388,7 €70,7 k €2,0 k €61,3 k €12,2 k €50,9 k €42,4 k €8,6 k €26,7 k €19,5 k €26,4 k €50,2 k €22,1 k €27,8 k €20,2 k €
Balance sheet
Equity614,9 k €751,6 k €735,8 k €720,5 k €687,4 k €676,5 k €676,1 k €605,4 k €603,4 k €542,1 k €529,9 k €479,1 k €436,7 k €428,0 k €401,3 k €381,8 k €355,4 k €305,2 k €283,0 k €255,2 k €
Total assets1,3 M €1,6 M €1,9 M €2,1 M €2,7 M €1,4 M €2,1 M €2,7 M €2,6 M €1,2 M €1,3 M €1,0 M €1,2 M €1,3 M €1,5 M €1,5 M €1,1 M €1,2 M €1,0 M €1,3 M €
Cash45,7 k €45,2 k €20,5 k €38,5 k €509,1 k €380,7 k €10,7 k €420,9 k €19,1 k €8,1 k €147,9 k €25,8 k €14,8 k €1,5 k €8,0 k €24,8 k €62,5 k €26,4 k €33,0 k €37,5 k €
Debts725,0 k €858,1 k €1,2 M €1,3 M €2,0 M €750,2 k €1,4 M €2,0 M €2,0 M €613,3 k €748,4 k €374,2 k €534,1 k €719,7 k €816,4 k €1,0 M €566,2 k €752,0 k €638,0 k €930,8 k €
Other
Workforce5,9 ETP7,7 ETP9,4 ETP14,5 ETP13,8 ETP13,9 ETP17,2 ETP17,8 ETP8,4 ETP9,5 ETP14,1 ETP13,5 ETP13,1 ETP13,5 ETP16,0 ETP18,5 ETP18,8 ETP18,0 ETP13,5 ETP15,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 19 ended

Active mandates

IBJO

Director · since 06 janvier 2025 · 1018.241.761

Represented by Sarah Somers

Active
NAJALU

Director · since 05 janvier 2025 · 1018.244.236

Represented by Mathias Somers

Active

Ended mandates

IBJO

bestuurder · since 06 janvier 2025 · 1018.241.761

Represented by Sarah Somers

Ended
NAJALU

bestuurder · since 06 janvier 2025 · 1018.244.236

Represented by Mathias Somers

Ended
Diana Vaernewyck

bestuurder · since 01 décembre 2023 · until 01 décembre 2029

Ended
Sarah Somers

bestuurder · since 01 décembre 2023 · until 05 janvier 2025

Ended
At this address

Other companies at this address

CompanyCBE no.
0554.867.615
SOVA-CONSULTActive
0862.347.420
SOVA-INVESTActive
0556.806.229
0568.864.319
SOVAPLASTICSActive
0426.612.631
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202624/09/202523/08/202422/09/202310/08/202220/08/2021
General meeting31/07/202622/09/202530/06/202430/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202531/07/202631/08/2026DutchPDF
Full model31/12/202422/09/202524/09/2025DutchPDF
Full model31/12/202330/06/202423/08/2024DutchPDF
Full model31/12/202230/06/202322/09/2023DutchPDF
Full model31/12/202130/06/202210/08/2022DutchPDF
Full model31/12/202030/06/202120/08/2021DutchPDF
Abridged model31/12/201925/09/202025/09/2020DutchPDF
Abridged model31/12/201828/06/201908/08/2019DutchPDF
Abridged model31/12/201730/06/201814/08/2018DutchPDF
Abridged model31/12/201630/06/201711/08/2017DutchPDF
Abridged model31/12/201530/06/201630/08/2016DutchPDF
Abridged model31/12/201415/06/201514/07/2015DutchPDF
Abridged model31/12/201315/08/201418/08/2014DutchPDF
Abridged model31/12/201223/08/201327/08/2013DutchPDF
Abridged model31/12/201122/05/201214/06/2012DutchPDF
Abridged model31/12/201024/08/201124/08/2011DutchPDF
Abridged model31/12/200927/08/201030/08/2010DutchPDF
Abridged model31/12/200827/08/200928/08/2009DutchPDF
Abridged model31/12/200711/09/200812/09/2008DutchPDF
Abridged model31/12/200605/07/200730/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 19 ended

Active mandates

IBJO

Director · since 06 janvier 2025 · 1018.241.761

Represented by Sarah Somers

Active
NAJALU

Director · since 05 janvier 2025 · 1018.244.236

Represented by Mathias Somers

Active

Ended mandates

IBJO

bestuurder · since 06 janvier 2025 · 1018.241.761

Represented by Sarah Somers

Ended
NAJALU

bestuurder · since 06 janvier 2025 · 1018.244.236

Represented by Mathias Somers

Ended
Diana Vaernewyck

bestuurder · since 01 décembre 2023 · until 01 décembre 2029

Ended
Sarah Somers

bestuurder · since 01 décembre 2023 · until 05 janvier 2025

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/02/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/03/2010
    MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2025
    Annual accounts 2025-136,7 k €
  2. 2024
    Annual accounts 202415,8 k €
  3. 2023
    Annual accounts 202315,2 k €
  4. 2022
    Annual accounts 202233,1 k €
  5. 2021
    Annual accounts 202110,9 k €
  6. 2020
    Annual accounts 2020388,7 €
  7. 2019
    Annual accounts 201970,7 k €
  8. 2018
    Annual accounts 20182,0 k €
  9. 2017
    Annual accounts 201761,3 k €
  10. 2016
    Annual accounts 201612,2 k €
  11. 2015
    Annual accounts 201550,9 k €
  12. 2014
    Annual accounts 201442,4 k €
  13. 2013
    Annual accounts 20138,6 k €
  14. 2012
    Annual accounts 201226,7 k €
  15. 2011
    Annual accounts 201119,5 k €
  16. 2010
    Annual accounts 201026,4 k €
  17. 2009
    Annual accounts 200950,2 k €
  18. 2008
    Annual accounts 200822,1 k €
  19. 2007
    Annual accounts 200727,8 k €
  20. 2006
    Annual accounts 200620,2 k €
  21. 27/12/1990
    IncorporationPublic limited company