ACTIVE

SORY

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Financial year 2025 · closed on 31/12/2025

Net result

32,9 k €

-90.1% YoY

Gross margin

1,9 M €

+11.1% YoY

Equity

729,4 k €

+4.7% YoY

Workforce

31,9 ETP

+24.6% YoY

What does SORY do?

SORY is a Private limited company incorporated in 1991. Its registered office is in Mouscron. It employs on average 31,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.842.196

Incorporation

07/08/1991

Legal form

Private limited company

Registered office

Avenue Urbino(L) 7
7700 Mouscron · Wallonie

Contributed capital

50 000,00 €

Latest accounts

31/12/2025

Average workforce

31,9 ETP

Joint committees (4)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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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	1,9 M €	+11.1%	1,7 M €	+57.4%	1,1 M €	+18.3%	905,5 k €	+0.4%	902,3 k €	+11.4%	810,2 k €	+22.1%	663,3 k €	+24.5%	532,8 k €	+10.3%	483,1 k €	-9.4%	533,4 k €	+39.8%	381,5 k €	-18.5%	468,4 k €	-2.8%	481,7 k €	+3.2%	466,9 k €	-15.6%	553,1 k €	+31.4%	420,9 k €	-10.0%	467,5 k €	-14.5%	546,7 k €	-7.5%	591,1 k €	+8.5%	544,5 k €
EBITDA	287,1 k €	-46.7%	538,8 k €	+97.3%	273,1 k €	+12.4%	243 k €	-33.2%	363,5 k €	+13.1%	321,4 k €	+78.2%	180,4 k €	+111%	85,4 k €	+39.1%	61,4 k €	-45.0%	111,5 k €	+312%	27 k €	-59.2%	66,2 k €	-2.4%	67,8 k €	+42.7%	47,5 k €	-64.4%	133,5 k €	+131%	57,9 k €	-32.6%	85,9 k €	-48.1%	165,4 k €	+9.7%	150,7 k €	+16.9%	129 k €
Operating result	94,7 k €	-77.4%	419,2 k €	+170%	155,3 k €	+1.9%	152,4 k €	-50.9%	310,3 k €	+13.9%	272,5 k €	+115%	126,7 k €	+155%	49,6 k €	+61.7%	30,7 k €	-58.8%	74,5 k €	+691%	-12,6 k €	-266%	7,6 k €	-17.6%	9,2 k €	+166%	-14 k €	-131%	45,9 k €	+386%	9,4 k €	-43.8%	16,8 k €	-78.7%	78,8 k €	-9.5%	87,1 k €	-3.1%	89,9 k €
Net result	32,9 k €	-90.1%	333 k €	+213%	106,5 k €	-4.0%	110,9 k €	-52.2%	231,9 k €	+10.2%	210,4 k €	+80.2%	116,7 k €	+223%	36,2 k €	+145%	14,8 k €	+4.7%	14,1 k €	+238%	-10,2 k €	-449%	-1,9 k €	-115%	12,6 k €	+6.8%	11,8 k €	-51.4%	24,3 k €	+213%	7,8 k €	+20.6%	6,4 k €	-88.2%	54,4 k €	+2.6%	53 k €	-17.1%	63,9 k €
Balance sheet
Equity	729,4 k €	+4.7%	696,5 k €	+41.1%	493,5 k €	-1.7%	502 k €	+2.2%	491,1 k €	+26.2%	389,2 k €	-17.2%	470,2 k €	+29.8%	362,2 k €	+10.9%	326,6 k €	+4.6%	312,4 k €	+4.5%	298,8 k €	-3.5%	309,5 k €	-0.8%	312 k €	+1.3%	308 k €	+1.0%	304,8 k €	+1.1%	301,6 k €	+0.3%	300,8 k €	-0.6%	302,8 k €	+22.1%	247,9 k €	+12.3%	220,7 k €
Total assets	4,1 M €	+63.6%	2,5 M €	+36.8%	1,8 M €	+12.5%	1,6 M €	+0.1%	1,6 M €	+10.2%	1,5 M €	+26.2%	1,2 M €	+76.3%	668,6 k €	-3.0%	689,3 k €	+11.1%	620,7 k €	+12.3%	552,8 k €	-9.6%	611,6 k €	-10.6%	684 k €	-6.3%	730,1 k €	-24.2%	962,8 k €	+36.1%	707,2 k €	-4.3%	739,3 k €	-18.9%	911,1 k €	+1.2%	900,7 k €	+6.5%	846,1 k €
Cash	498,8 k €	+78.7%	279,1 k €	+93.1%	144,5 k €	-41.0%	245 k €	-37.9%	394,3 k €	-36.0%	616,1 k €	+66.0%	371,3 k €	+97.2%	188,3 k €	-20.4%	236,7 k €	+13.5%	208,5 k €	+264%	57,2 k €	-40.3%	95,9 k €	+0.6%	95,3 k €	-38.2%	154,1 k €	-42.8%	269,5 k €	+294%	68,4 k €	-34.9%	105 k €	-10.0%	116,7 k €	-46.5%	218 k €	+124%	97,1 k €
Debts	2,9 M €	+61.4%	1,8 M €	+34.7%	1,4 M €	+18.7%	1,1 M €	-0.8%	1,1 M €	+4.5%	1,1 M €	+55.1%	708 k €	+136%	299,8 k €	-15.7%	355,8 k €	+18.2%	301,1 k €	+22.2%	246,3 k €	-16.3%	294,1 k €	-19.1%	363,5 k €	-11.9%	412,7 k €	-36.4%	648,9 k €	+63.9%	395,9 k €	-7.5%	427,9 k €	-28.2%	596,3 k €	-6.0%	634,3 k €	+6.2%	597,5 k €
Other
Workforce	31,9 ETP	+24.6%	25,6 ETP	+48.8%	17,2 ETP	+6.8%	16,1 ETP	+0.6%	16,0 ETP	+33.3%	12,0 ETP	+9.1%	11,0 ETP	+8.9%	10,1 ETP	+1.0%	10,0 ETP	+3.1%	9,7 ETP	+16.9%	8,3 ETP	-8.8%	9,1 ETP	+1.1%	9,0 ETP	-4.3%	9,4 ETP	-10.5%	10,5 ETP	+12.9%	9,3 ETP	-7.9%	10,1 ETP	0.0%	10,1 ETP	-14.4%	11,8 ETP	+3.5%	11,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 14 ended

Active mandates

AS INVEST

Director · since 08 janvier 2020 · 0727.494.456

Represented by Adrien Sory

Active

JS INVEST

Director · since 08 janvier 2020 · 0737.595.621

Represented by Julien Sory

Active

Michel SORY

Director · since 08 janvier 2020

Active

Ended mandates

AS INVEST

Director · since 21 janvier 2020 · 0727.494.456

Represented by ADRIEN SORY

Ended

AS INVEST

administrateur · since 21 janvier 2020 · 0727.494.456

Represented by Adrien Sory

Ended

JS INVEST

Director · since 21 janvier 2020 · 0737.595.621

Represented by JULIEN SORY

Ended

JS INVEST

administrateur · since 21 janvier 2020 · 0737.595.621

Represented by Julien Sory

Ended

At this address

Other companies at this address

Company	CBE no.
SORY IMMO● Active	1012.910.226

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	05/06/2026	25/07/2025	10/07/2024	09/08/2023	02/08/2022	24/08/2021
General meeting	18/05/2026	29/06/2025	21/05/2024	15/05/2023	16/05/2022	18/05/2021
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	18/05/2026	05/06/2026	French	PDF
Abridged model	31/12/2024	29/06/2025	25/07/2025	French	PDF
Abridged model	31/12/2023	21/05/2024	10/07/2024	French	PDF
Abridged model	31/12/2022	15/05/2023	09/08/2023	French	PDF
Abridged model	31/12/2021	16/05/2022	02/08/2022	French	PDF
Abridged model	31/12/2020	18/05/2021	24/08/2021	French	PDF
Abridged model	31/12/2019	18/05/2020	30/09/2020	French	PDF
Abridged model	31/12/2018	13/05/2019	28/08/2019	French	PDF
Abridged model	31/12/2017	14/05/2018	30/08/2018	French	PDF
Abridged model	31/12/2016	15/05/2017	31/08/2017	French	PDF
Abridged model	31/12/2015	16/05/2016	24/06/2016	French	PDF
Abridged model	31/12/2014	18/05/2015	11/08/2015	French	PDF
Abridged model	31/12/2013	19/05/2014	14/08/2014	French	PDF
Abridged model	31/12/2012	20/05/2013	25/06/2013	French	PDF
Abridged model	31/12/2011	21/05/2012	29/06/2012	French	PDF
Abridged model	31/12/2010	16/05/2011	04/07/2011	French	PDF
Abridged model	31/12/2009	17/05/2010	12/07/2010	French	PDF
Abridged model	31/12/2008	18/05/2009	05/08/2009	French	PDF
Abridged model	31/12/2007	19/05/2008	17/06/2008	French	PDF
Abridged model	31/12/2006	21/05/2007	27/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 3 active · 14 ended

Active mandates

AS INVEST

Director · since 08 janvier 2020 · 0727.494.456

Represented by Adrien Sory

Active

JS INVEST

Director · since 08 janvier 2020 · 0737.595.621

Represented by Julien Sory

Active

Michel SORY

Director · since 08 janvier 2020

Active

Ended mandates

AS INVEST

Director · since 21 janvier 2020 · 0727.494.456

Represented by ADRIEN SORY

Ended

AS INVEST

administrateur · since 21 janvier 2020 · 0727.494.456

Represented by Adrien Sory

Ended

JS INVEST

Director · since 21 janvier 2020 · 0737.595.621

Represented by JULIEN SORY

Ended

JS INVEST

administrateur · since 21 janvier 2020 · 0737.595.621

Represented by Julien Sory

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office08/08/2025
SIEGE SOCIAL
PDF
Mandates23/01/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS
PDF
Other03/05/2019
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - OBJET
PDF
Capital / shares23/04/2004
ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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 202532,9 k €↓
2024
Annual accounts 2024333 k €↑
2023
Annual accounts 2023106,5 k €↓
2022
Annual accounts 2022110,9 k €↓
2021
Annual accounts 2021231,9 k €↑
2020
Annual accounts 2020210,4 k €↑
2019
Annual accounts 2019116,7 k €↑
2018
Annual accounts 201836,2 k €↑
2017
Annual accounts 201714,8 k €↑
2016
Annual accounts 201614,1 k €↑
2015
Annual accounts 2015-10,2 k €↓
2014
Annual accounts 2014-1,9 k €↓
2013
Annual accounts 201312,6 k €↑
2012
Annual accounts 201211,8 k €↓
2011
Annual accounts 201124,3 k €↑
2010
Annual accounts 20107,8 k €↑
2009
Annual accounts 20096,4 k €↓
2008
Annual accounts 200854,4 k €↑
2007
Annual accounts 200753 k €↓
2006
Annual accounts 200663,9 k €
07/08/1991
IncorporationPrivate 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

SORY

Overview

What does SORY do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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