So Cape
ActiveSummary
The computed 12-month bankruptcy probability of So Cape is 2.3% (moderate). The 2024 annual accounts show negative equity (-€13,092) and a net result of -€6,195. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 26043 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 6 accounts on average 94 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,010 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €20,048 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €500 | €500 | €500 | €500 | €500 | = |
| Other operating charges640/8 | - | €398 | €398 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | -€370 | -€301 | -€4,582 | -€592 | -€5,276 | ▼ 792% |
| Operating profit (loss)9901 | -€1,268 | -€1,199 | -€5,479 | -€1,476 | -€6,163 | ▼ 318% |
| Financial charges65/66B | - | €22 | €32 | €32 | €32 | = |
| Recurring financial charges65 | €177 | €22 | €32 | €32 | €32 | = |
| Profit (loss) for the period before taxes9903 | -€1,445 | -€1,221 | -€5,511 | -€1,508 | -€6,195 | ▼ 311% |
| Profit (loss) for the period9904 | -€1,445 | -€1,221 | -€5,511 | -€1,508 | -€6,195 | ▼ 311% |
| Profit (loss) for the period to be appropriated9905 | -€1,445 | -€1,221 | -€5,511 | -€1,508 | -€6,195 | ▼ 311% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €23,824 | €16,983 | €16,067 | €9,774 | €10,867 | ▲ 11.2% |
| Fixed assets21/28 | €3,500 | €3,000 | €2,500 | €2,000 | €1,500 | ▼ 25.0% |
| Tangible fixed assets22/27 | €3,500 | €3,000 | €2,500 | €2,000 | €1,500 | ▼ 25.0% |
| Other tangible fixed assets26 | - | €3,000 | €2,500 | €2,000 | €1,500 | ▼ 25.0% |
| Current assets29/58 | €20,324 | €13,983 | €13,567 | €7,774 | €9,367 | ▲ 20.5% |
| Stocks and contracts in progress3 | €17,197 | €12,687 | €11,640 | €6,395 | €8,445 | ▲ 32.1% |
| Stocks30/36 | - | €12,687 | €11,640 | €6,395 | €8,445 | ▲ 32.1% |
| Cash at bank and in hand54/58 | €3,128 | €1,296 | €1,928 | €1,379 | €922 | ▼ 33.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €23,824 | €16,983 | €16,067 | €9,774 | €10,867 | ▲ 11.2% |
| Equity10/15 | €1,342 | €121 | -€5,389 | -€6,897 | -€13,092 | ▼ 89.8% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€4,858 | -€6,079 | -€11,589 | -€13,097 | -€19,292 | ▼ 47.3% |
| Amounts payable17/49 | €22,482 | €16,862 | €21,457 | €16,671 | €23,959 | ▲ 43.7% |
| Amounts payable within one year42/48 | €22,482 | €16,862 | €21,457 | €16,671 | €23,959 | ▲ 43.7% |
| Trade debts44 | €660 | €1,320 | €7,414 | €2,640 | €3,960 | ▲ 50.0% |
| Suppliers440/4 | - | €1,320 | €7,414 | €2,640 | €3,960 | ▲ 50.0% |
| Taxes, remuneration and social security45 | - | €454 | - | - | - | - |
| Taxes450/3 | - | €454 | - | - | - | - |
| Other amounts payable47/48 | - | €15,088 | €14,042 | €14,031 | €19,999 | ▲ 42.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,445 | -€1,221 | -€5,511 | -€1,508 | -€6,195 | ▼ 311% |
| + Depreciation and write-downs630 | €500 | €500 | €500 | €500 | €500 | = |
| Operating cash flow (approximation) | -€945 | -€721 | -€5,011 | -€1,008 | -€5,695 | ▼ 465% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€1,831 | €631 | -€548 | -€457 | ▲ 16.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25051G0049/00D003 | Wallonia | 783 m² | 1 · 77 m² | 9.1 m · 3 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
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Register as of 29 September 2026 · Peppol Directory
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