ACTIVE

SOGEC 2

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Financial year 2025 · closed on 31/12/2025

Net result

4,1 M €

-77.4% YoY

Equity

35,1 M €

-16.7% YoY

Workforce

0,4 ETP

0.0% YoY

What does SOGEC 2 do?

SOGEC 2 is a Public limited company incorporated in 2014. Its main activity is: Activities of holding companies. Its registered office is in Bruxelles. It employs on average 0,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0554.664.707

Incorporation

23/06/2014

Legal form

Public limited company

Registered office

Avenue Louise 137
1050 Bruxelles · BruxellesSee on map

Contributed capital

13 975 065,00 €

Latest accounts

31/12/2025

Average workforce

0,4 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies

Joint committees (1)

Signals

ProfitableSolid equityLow riskPositive cashflowHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014
Income statement
EBITDA	-155,4 k €	+19.3%	-192,5 k €	-71.2%	-112,4 k €	-17.9%	-95,3 k €	-27.3%	-74,9 k €	-6.8%	-70,1 k €	+10.2%	-78,1 k €	+2.9%	-80,3 k €	+26.7%	-109,7 k €	-7.5%	-102 k €	-56.9%	-65 k €	+41.3%	-110,7 k €
Operating result	-209,5 k €	+5.5%	-221,5 k €	-80.4%	-122,8 k €	-16.2%	-105,7 k €	-17.7%	-89,8 k €	+6.9%	-96,5 k €	+7.6%	-104,4 k €	+2.2%	-106,7 k €	+21.1%	-135,2 k €	-18.8%	-113,9 k €	-75.1%	-65 k €	+41.3%	-110,7 k €
Net result	4,1 M €	-77.4%	18,2 M €	+66.2%	11 M €	+11.6%	9,8 M €	-0.8%	9,9 M €	+1.4%	9,8 M €	-25.0%	13 M €	+25.9%	10,3 M €	+41.3%	7,3 M €	+23.9%	5,9 M €	+19.8%	4,9 M €	+144%	-11,3 M €
Balance sheet
Equity	35,1 M €	-16.7%	42,2 M €	+17.0%	36 M €	+4.8%	34,4 M €	+1.5%	33,9 M €	+4.7%	32,3 M €	+4.5%	31 M €	+17.6%	26,3 M €	+8.1%	24,4 M €	-2.4%	25 M €	+1.3%	24,6 M €	+1.1%	24,4 M €
Total assets	46,3 M €	-14.7%	54,3 M €	+15.1%	47,2 M €	-0.4%	47,4 M €	-0.8%	47,8 M €	-0.6%	48,1 M €	-0.9%	48,5 M €	+6.1%	45,7 M €	+1.3%	45,1 M €	-0.3%	45,3 M €	-1.2%	45,8 M €	-3.4%	47,4 M €
Cash	43,3 k €	-85.8%	304,1 k €	+125%	135,1 k €	-94.3%	2,4 M €	-13.1%	2,7 M €	-10.9%	3,1 M €	-27.9%	4,2 M €	+166%	1,6 M €	+44.7%	1,1 M €	-58.1%	2,6 M €	-21.1%	3,3 M €	-32.3%	4,9 M €
Debts	11,2 M €	-7.6%	12,2 M €	+9.1%	11,1 M €	-14.0%	13 M €	-6.4%	13,8 M €	-11.6%	15,7 M €	-10.4%	17,5 M €	-9.4%	19,3 M €	-6.5%	20,6 M €	+2.5%	20,1 M €	-4.1%	21 M €	-8.0%	22,8 M €
Other
Workforce	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 9 ended

Active mandates

Eliane Lemarié

Managing director · since 08 juin 2023 · until 08 juin 2026

Active

Jean Burelle

Managing director · since 08 juin 2023 · until 08 juin 2026

Active

Laurent Burelle

Managing director · since 08 juin 2023 · until 08 juin 2026

Active

Ended mandates

Eliane Lemarié

Managing director · since 08 juin 2020 · until 08 juin 2023

Ended

Jean Burelle

Managing director · since 08 juin 2020 · until 08 juin 2023

Ended

Laurent Burelle

Managing director · since 08 juin 2020 · until 08 juin 2023

Ended

Eliane Lemarié

Managing director · since 08 juin 2017 · until 08 juin 2020

Ended

At this address

Other companies at this address

Company	CBE no.
A.C.P. AV LOUISE 137● Active	0850.109.978
ALGORILA● Active	0789.429.154
CLOVER EURO MEDICA● Bankrupt	0844.588.995
CLOVER INVEST● Bankrupt	0695.403.094
CO-HOMING● Active	1022.904.392
CYENUS GROUP● Bankrupt	0473.833.023
FINIMEX● Active	0421.232.891
FUNDAK EUROPE● Active	0694.663.025
international finance and leasing association● Active	0694.739.833
MACOFI INTERNATIONAL● Active	0460.141.571
MMK INTERNATIONAL● Bankrupt	0806.987.837
NIGHTHAWK● Active	0798.718.982
NIVALS● Active	0563.402.328
OMIKAMI● Active	0831.417.880
PIDEECO● Active	0829.399.686
PLANETES● Liquidation	0455.053.130
SEARSHA● Active	0475.516.863
SEVENSIDES● Active	1038.284.733
S-MOBILE● Active	0679.763.825
SONDR● Active	0755.614.063

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	12/06/2026	28/07/2025	05/07/2024	22/06/2023	05/07/2022	02/07/2021
General meeting	08/06/2026	10/06/2025	10/06/2024	08/06/2023	08/06/2022	08/06/2021
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

12 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	08/06/2026	12/06/2026	French	PDF
Full model	31/12/2024	10/06/2025	28/07/2025	French	PDF
Full model	31/12/2023	10/06/2024	05/07/2024	French	PDF
Full model	31/12/2022	08/06/2023	22/06/2023	French	PDF
Full model	31/12/2021	08/06/2022	05/07/2022	French	PDF
Full model	31/12/2020	08/06/2021	02/07/2021	French	PDF
Full model	31/12/2019	08/06/2020	06/07/2020	French	PDF
Full model	31/12/2018	11/06/2019	28/06/2019	French	PDF
Full model	31/12/2017	08/06/2018	25/06/2018	French	PDF
Full model	31/12/2016	08/06/2017	02/08/2017	French	PDF
Full model	31/12/2015	08/06/2016	12/07/2016	French	PDF
Full model	31/12/2014	08/06/2015	18/06/2015	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 3 active · 9 ended

Active mandates

Eliane Lemarié

Managing director · since 08 juin 2023 · until 08 juin 2026

Active

Jean Burelle

Managing director · since 08 juin 2023 · until 08 juin 2026

Active

Laurent Burelle

Managing director · since 08 juin 2023 · until 08 juin 2026

Active

Ended mandates

Eliane Lemarié

Managing director · since 08 juin 2020 · until 08 juin 2023

Ended

Jean Burelle

Managing director · since 08 juin 2020 · until 08 juin 2023

Ended

Laurent Burelle

Managing director · since 08 juin 2020 · until 08 juin 2023

Ended

Eliane Lemarié

Managing director · since 08 juin 2017 · until 08 juin 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other02/09/2026
Renouvellement des mandats
PDF
Registered office02/07/2025
SIEGE SOCIAL
PDF
Registered office10/07/2024
SIEGE SOCIAL
PDF
Mandates01/12/2023
DEMISSIONS, NOMINATIONS
PDF
Other14/11/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates05/02/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates11/07/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates04/05/2018
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 20254,1 M €↓
2024
Annual accounts 202418,2 M €↑
2023
Annual accounts 202311 M €↑
2022
Annual accounts 20229,8 M €↓
2021
Annual accounts 20219,9 M €↑
2020
Annual accounts 20209,8 M €↓
2019
Annual accounts 201913 M €↑
2018
Annual accounts 201810,3 M €↑
2017
Annual accounts 20177,3 M €↑
2016
Annual accounts 20165,9 M €↑
2015
Annual accounts 20154,9 M €↑
2014
Annual accounts 2014-11,3 M €
23/06/2014
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

SOGEC 2

Overview

What does SOGEC 2 do?

Trend over 12 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