ACTIVE

SORWA CONSTRUCT

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Financial year 2025 · closed on 30/09/2025
Net result
24,8 k €
+20.4% YoY
Gross margin
575 k €
-14.0% YoY
Equity
447,7 k €
+5.9% YoY
Workforce
7,0 ETP
0.0% YoY

What does SORWA CONSTRUCT do?

SORWA CONSTRUCT is a Public limited company incorporated in 2010. Its main activity is: Specialised construction activities. Its registered office is in Tubize. It employs on average 7,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0830.944.461
Incorporation
08/11/2010
Legal form
Public limited company
Registered office
Avenue Léon Champagne 2
1480 Tubize · WallonieSee on map
Contributed capital
62 000,00 €
Latest accounts
30/09/2025
Average workforce
7,0 ETP
Activities (NACE)
43410Specialised construction activities· main43910Roofing activities25510Forging, pressing, stamping and roll-forming of metal; powder metallurgy25610Treatment and coating of metals43342Painting and glazing43342Painting and glazing+6
Joint committees (5)
  • 111
  • 124
  • 14901
  • 14904
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122011
Income statement
Gross margin575 k €668,5 k €664,2 k €614,6 k €356,8 k €365,8 k €427,3 k €920,3 k €1,1 M €657,5 k €554,2 k €337,1 k €251,6 k €187,5 k €84,8 k €
EBITDA69,6 k €70,6 k €152,1 k €38,8 k €108,4 k €48,6 k €103 k €250,5 k €352,3 k €141 k €148,6 k €34,3 k €12,6 k €72 k €-4,7 k €
Operating result51,5 k €51,1 k €131,5 k €12,8 k €74,8 k €20,7 k €63 k €204,6 k €312,3 k €112,3 k €122,8 k €16 k €315,1 €62,8 k €-7 k €
Net result24,8 k €20,6 k €62,5 k €18,9 k €30,6 k €-19,8 k €33,8 k €174,3 k €269,7 k €69,6 k €93,7 k €3,8 k €-5,8 k €41,9 k €-8,2 k €
Balance sheet
Equity447,7 k €422,9 k €402,3 k €339,9 k €321 k €290,4 k €310,2 k €276,4 k €252,1 k €182,8 k €113,2 k €73,7 k €34,1 k €39,9 k €-2 k €
Total assets1 M €939,8 k €1,1 M €1,1 M €1,2 M €1,2 M €1,4 M €2,3 M €2,3 M €2 M €1,5 M €875 k €397,5 k €282,2 k €47,4 k €
Cash330,4 k €387 k €333,4 k €279,8 k €41,9 k €6,6 k €27,7 k €82 k €259,5 k €45,9 k €76,8 k €87 k €17,7 k €74,3 k €4,2 k €
Debts580,1 k €516,8 k €679,9 k €743 k €895,1 k €916,2 k €1,1 M €2 M €2 M €1,9 M €1,4 M €793,8 k €362,6 k €241,5 k €49,4 k €
Other
Workforce7,0 ETP7,0 ETP6,0 ETP–7,0 ETP7,2 ETP7,2 ETP13,6 ETP17,4 ETP10,6 ETP7,4 ETP6,9 ETP5,1 ETP2,8 ETP1,5 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 30/09/2025 · 2 active · 17 ended

Active mandates

AGARWA LTD

Director · since 21 février 2020

Represented by GERARD WAUTIER

Active
GERARD WAUTIER

Director · since 21 février 2020

Active

Ended mandates

AGARWA LTD

Director · since 21 février 2020 · until 21 février 2026

Represented by GERARD WAUTIER

Ended
AGARWA LTD

Director · since 21 février 2020 · until 21 février 2026

Represented by GERARD WAUTIER

Ended
GERARD WAUTIER

Director · since 21 février 2020 · until 21 février 2026

Ended
ARGAWA LTD

Managing director · since 30 avril 2014

Represented by GERARD WAUTIER

Ended
At this address

Other companies at this address

CompanyCBE no.
ACCOMPAGNEMENT SERVICES FACILITIES● Liquidation
0859.621.720
Association des copropriétaires de la "Résidence Parc d'activité économique de Tubize II" à 1480 Tubize, avenue Léon Champagne, 2● Active
0736.499.323
AUSTERLITZ● Active
0830.937.632
D.C.● Active
0436.637.976
EPISPANIA● Active
0806.618.742
L'AGE D'OR SERVICES BRABANT - OUEST● Liquidation
0472.758.303
PYRINDUS● Active
0415.525.036
RATOBLAST● Active
0798.435.209
SHANT BIOTECH● Active
0680.795.389
SHANT LABORATORIES BELGIUM● Active
0466.646.313
TARADON LABORATORY● Active
0807.944.078
TARADON PRODUCTION● Active
0646.828.662
UNION DES ENTREPRISES POUR LE DEVELOPPEMENT DE L'OUEST DU BRABANT WALLON● Active
0455.450.335
VOCABASE● Active
0475.517.160
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/04/202611/06/202503/05/202422/05/202320/06/202215/09/2021
General meeting20/02/202620/02/202515/02/202416/02/202318/02/202219/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202520/02/202630/04/2026FrenchPDF
Abridged model30/09/202420/02/202511/06/2025FrenchPDF
Abridged model30/09/202315/02/202403/05/2024FrenchPDF
Abridged model30/09/202216/02/202322/05/2023FrenchPDF
Abridged model30/09/202118/02/202220/06/2022FrenchPDF
Abridged model30/09/202019/05/202115/09/2021FrenchPDF
Abridged model30/09/201921/02/202020/05/2020FrenchPDF
Abridged model30/09/201815/02/201925/04/2019FrenchPDF
Abridged model30/09/201716/02/201830/03/2018FrenchPDF
Abridged model30/09/201617/02/201724/04/2017FrenchPDF
Abridged model30/09/201519/02/201619/05/2016FrenchPDF
Abridged model30/09/201420/02/201527/03/2015FrenchPDF
Abridged model30/09/201321/02/201410/03/2014FrenchPDF
Abridged model30/09/201215/02/201321/05/2013FrenchPDF
Abridged model30/09/201117/02/201225/04/2012FrenchPDF
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 30/09/2025 · 2 active · 17 ended

Active mandates

AGARWA LTD

Director · since 21 février 2020

Represented by GERARD WAUTIER

Active
GERARD WAUTIER

Director · since 21 février 2020

Active

Ended mandates

AGARWA LTD

Director · since 21 février 2020 · until 21 février 2026

Represented by GERARD WAUTIER

Ended
AGARWA LTD

Director · since 21 février 2020 · until 21 février 2026

Represented by GERARD WAUTIER

Ended
GERARD WAUTIER

Director · since 21 février 2020 · until 21 février 2026

Ended
ARGAWA LTD

Managing director · since 30 avril 2014

Represented by GERARD WAUTIER

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/03/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office06/05/2019
    SIEGE SOCIAL
    PDF
  • Mandates26/05/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/05/2014
    DENOMINATION - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Mandates30/04/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/01/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/05/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Other29/03/2013
    OBJET - 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

Timeline

  1. 2025
    Annual accounts 202524,8 k €↑
  2. 2024
    Annual accounts 202420,6 k €↓
  3. 2023
    Annual accounts 202362,5 k €↑
  4. 2022
    Annual accounts 202218,9 k €↓
  5. 2021
    Annual accounts 202130,6 k €↑
  6. 2020
    Annual accounts 2020-19,8 k €↓
  7. 2019
    Annual accounts 201933,8 k €↓
  8. 2018
    Annual accounts 2018174,3 k €↓
  9. 2017
    Annual accounts 2017269,7 k €↑
  10. 2016
    Annual accounts 201669,6 k €↓
  11. 2015
    Annual accounts 201593,7 k €↑
  12. 2014
    Annual accounts 20143,8 k €↑
  13. 2013
    Annual accounts 2013-5,8 k €↓
  14. 2012
    Annual accounts 201241,9 k €↑
  15. 2011
    Annual accounts 2011-8,2 k €
  16. 08/11/2010
    IncorporationPublic limited company