AFSLUITINGEN DE SOETE
ActiveFrom the official registers: KBO 13 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
AFSLUITINGEN DE SOETE has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.9m and a net result of €40,437. Equity has been growing by about 24% per year since 2019. Its solvency ranks better than 32% of 9,829 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
KBO- Status
- Active since 04-07-2012 Normal situation
- Activity
- Wholesale of timber NACE 46832and 1 other
- Establishment unit
- 2.211.110.842 8790 Waregem, since 04-07-2012
- Financial year end
- 30 June
- Peppol
- Reachable
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €1.1m
- ▲ 10.3%
- Turnover
- ≈ €4.9m
- estimated
- Profit
- €40,437
- ▼ 88.9%
- Equity
- €1.9m
- ▲ 2.2%
- Total assets
- €7.5m
- ▲ 78.5%
- Staff
- 5 FTE
- =
Score breakdownraises riskLiquidity: current ratio 2.10, cash €477,266lowers riskFigures for financial year 2025 (filed on 20-01-2026)Size: 5 FTE, total assets €7.5mFounded in 2012Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 36% of them on solvency, 64% on liquidity, 52% on profitability and 48% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 5 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: Result fell in 2025from €364,977 to €40,437 ▼ 88.9% View
- Positive: More equity than 88% of companies in wholesale tradesector median €364,964 · 9,825 companies €1.9m View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Positive: 7 profitable years in a rowprofit 2025: €40,437 7 years View
Comparable companies
These companies have the same main activity as AFSLUITINGEN DE SOETE: wholesale of timber (NACE 46832). They are comparable in size and age: total assets between €4.6m and €13m, founded between 2001 and 2017.
| Company | Total assets | Gross margin |
|---|---|---|
| AFSLUITINGEN DE SOETE Waregem | €7.5m | €1.1m |
| Stockmans Wood Products Kapellen | €6.0m | €1.2m |
| RIPAL Menen | €4.7m | €1.2m |
| CARPAL Wevelgem | €9.1m | €1.5m |
| Houthandel Verellen Leopoldsburg | €6.8m | €1.3m |
| DDW Hardwoods Erpe-Mere | €13.5m | €1.3m |
| DURWOOD Leuze-en-Hainaut | €4.6m | €1.0m |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 15-01-2026
- Annual accounts 2024filed on 31-01-2025
- Annual accounts 2023filed on 30-01-2024
- Annual accounts 2022filed on 31-01-2023
Acts in the Belgian Official Gazette
All publications in the Belgian Official GazetteArticles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about AFSLUITINGEN DE SOETE
- What is the company number of AFSLUITINGEN DE SOETE?
- The company number of AFSLUITINGEN DE SOETE is 0847.512.853. The VAT number is the same number with BE in front: BE 0847.512.853.
- Where is AFSLUITINGEN DE SOETE based?
- The registered office is at Groenbek 50, 8790 Waregem.Company details
- What does AFSLUITINGEN DE SOETE do?
- According to the KBO register, the main activity is wholesale of timber (NACE 46832).
- What is the legal form of AFSLUITINGEN DE SOETE?
- The legal form of AFSLUITINGEN DE SOETE is Private limited company (BV).
- When was AFSLUITINGEN DE SOETE founded?
- AFSLUITINGEN DE SOETE was founded on 04-07-2012.
- Is AFSLUITINGEN DE SOETE still active?
- Yes, AFSLUITINGEN DE SOETE is an active enterprise in the KBO register.
- How many employees does AFSLUITINGEN DE SOETE have?
- AFSLUITINGEN DE SOETE had an average of 5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of AFSLUITINGEN DE SOETE?
- The turnover in financial year 2025 is ≈ €4.9m. This figure is estimated from the gross margin of €1.1m and 100 comparable companies (NACE 46). It probably lies between €2.9m and €8.0m.
- Is AFSLUITINGEN DE SOETE profitable?
- In financial year 2025, AFSLUITINGEN DE SOETE made a profit of €40,437.
- Where can I find the annual accounts of AFSLUITINGEN DE SOETE?
- AFSLUITINGEN DE SOETE filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
- When are the next annual accounts of AFSLUITINGEN DE SOETE due?
- AFSLUITINGEN DE SOETE must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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