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A. SOCQUET

Active
Public limited companyfounded 199135 yrs activeVerbrande Brugsesteenweg 52, 1850 Grimbergen, BelgiumKBO/BCE: BE 0444.948.205
Summary

The computed 12-month bankruptcy probability of A. SOCQUET is 2.3% (moderate). The 2024 annual accounts show equity of €1.2m and a net result of €31,245. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 57% of 1866 sector peers (fiscal year 2024). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Removal services
NACE 49420
#5 company by total assets in Grimbergen, Transport and storage sector1 site
Size
€852,045turnover 2024
Staff
7.7 FTE
Equity
€1.2m
Profit
€31,245
Financial health
53 Fair Checked score 2024
Bankruptcy chance 12 m
2.3%
Structure
Accounts 65 d overdue0 of 7 deeds read
Why 53- Figures for FY 2024 (filed 02-10-2025)- Sector Land transport and transport via pipelines (NACE 49)- 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late+ Founded in 1991Show the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 55% of its sector peers (NACE 49, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency 73+2
equity 47.5% of total assets
Liquidity 54+1
short-term debt 17.7% · cash 7.2%
Profitability 80-1
return on assets 1.2%
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,055 companies)
Last 24 months 11-2024: 2.9%highest value 12-2024: 0.9%▼ -69.4% vs 11-2024 01-2025: 0.9%● 0.0% vs 12-2024 02-2025: 0.9%● 0.0% vs 01-2025 03-2025: 1.0%▲ +16.0% vs 02-2025 04-2025: 1.0%▼ -0.3% vs 03-2025 05-2025: 1.1%▲ +2.8% vs 04-2025 06-2025: 1.1%▼ -0.7% vs 05-2025 07-2025: 1.2%▲ +15.5% vs 06-2025 08-2025: 1.8%▲ +49.3% vs 07-2025 09-2025: 2.1%▲ +15.0% vs 08-2025 10-2025: 2.7%▲ +26.4% vs 09-2025 11-2025: 0.8%▼ -71.2% vs 10-2025lowest value 12-2025: 0.8%● 0.0% vs 11-2025lowest value 01-2026: 0.8%● 0.0% vs 12-2025lowest value 02-2026: 0.8%● 0.0% vs 01-2026lowest value 03-2026: 0.9%▲ +15.8% vs 02-2026 04-2026: 0.9%▼ -0.3% vs 03-2026 05-2026: 0.9%▲ +3.5% vs 04-2026 06-2026: 0.9%▲ +1.1% vs 05-2026 07-2026: 1.0%▲ +3.2% vs 06-2026 08-2026: 1.6%▲ +66.9% vs 07-2026 09-2026: 1.8%▲ +10.8% vs 08-2026 10-2026: 2.3%▲ +31.8% vs 09-2026
  • Figures for FY 2024 (filed 02-10-2025) raises the probability
  • Founded in 1991 lowers the probability for this profile
  • Sector Land transport and transport via pipelines (NACE 49) raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late raises the probability
Credit up to €65,000 at 30 days acceptable
Liquidity ample (current ratio 2.14 against 2.11 in 2023; short-term debt: 17.7% and cash: 7.2% of total assets), but 52.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 49, micro). Better than this share of them on solvency 60%, liquidity 60%, profitability 66%, growth against the median 36%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 02-10-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1991
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Sector Land transport and transport via pipelines (NACE 49)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
101 d late
2022
60 d late
2021
61 d late
2020
60 d late
2019
129 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 79 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Annual accounts filedfiscal year 2023 · abbreviated…
  3. Annual accounts filedfiscal year 2022 · abbreviated…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 65 d late View
  • Positive: Company by total assets in Grimbergen, Transport and…in the Checked rankings #5 View
  • Active since 1991founded 27-08-1991 35 years View

By topic

Financials

Fiscal year
2024
Turnover
€852,045
Profit
€31,245
Solvency
47.5%
Turnover▼ 6.2%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2016
  1. 30-09-2025Annual accounts filed
  2. 09-11-2024Annual accounts filed
  3. 29-09-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Removal servicesNACE 49420
Founded
27-08-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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