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SO ESO

Active
Private limited companyfounded 20233 yrs activeAllée des Roses(NEU) 25, 5600 Philippeville, BelgiumKBO/BCE: BE 0805.292.020
Summary

The computed 12-month bankruptcy probability of SO ESO is 2.9% (moderate). The annual accounts of SO ESO for fiscal year 2025 show a net loss of 75% of the equity at the start of that year. The 2025 annual accounts show equity of €1,692 and a net result of -€4,950. Its solvency ranks better than 24% of 18716 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability11▼-62
Solvency27▼-6
Growth32
Track record94
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.95 against 0.96 in 2024; short-term debt: 96.6% and cash: 17.1% of total assets), and 97.9% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
2.1%
Return on assets
-6.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 18716 sector peers (2025).
NBB · sector comparison
Position among 18716 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
2 d early
2024
49 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 26 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
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

History

On 30 August 2023, SO ESO was incorporated as a Private limited company.1 In 2026 the registered office moved to Neuville.2 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 08-09-2026
  3. 3National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€1,692▼ 74.5%
2024 · €6,642
Total assets
€79,816▼ 0.9%
2024 · €80,511
Net result
-€4,950
2024 · €2,642
Working capital
-€3,978▼ 53.1%
2024 · -€2,598
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€3,718--€5,044
Net result€2,642within the sector's middle half--€4,950below the sector's middle half
Equity€6,642within the sector's middle half-€1,692below the sector's middle half▼ 74.5%
Total assets€80,511within the sector's middle half-€79,816within the sector's middle half▼ 0.9%
Debt€73,869-€78,124▲ 5.8%
Working capital-€2,598within the sector's middle half--€3,978within the sector's middle half▼ 53.1%
Solvency8.2%within the sector's middle half-2.1%below the sector's middle half▼ 6.1pp
Current ratio0.96within the sector's middle half-0.95within the sector's middle half▼ 0.02
Return on assets (ROA)3.3%within the sector's middle half--6.2%below the sector's middle half▼ 9.5pp
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€7,500-€5,000-€2,500€0€2,500Operating result 2024: €3,718€3,718Net result 2024: €2,642€2,642Operating result 2025: -€5,044-€5,044Net result 2025: -€4,950-€4,95020242025-€7,500-€5,000-€2,500€0€2,500Operating result 2024: €3,718€3,720Net result 2024: €2,642€2,640Operating result 2025: -€5,044-€5,040Net result 2025: -€4,950-€4,95020242025
The operating result turns negative in 2025: a loss of €5,044 after €3,718 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €79,816
Fixed assets €6,720 ▼ 27.3%
Current assets €73,096 ▲ 2.6%
Equity and liabilities €79,816
Equity €1,692 ▼ 74.5%
Debt €78,124 ▲ 5.8%
Debt's share of the balance-sheet total rises from 91.8% to 97.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€2,524▼
2024 · €8,634
Cash flow
-€2,430▼
2024 · €7,557
Quick ratio
0.24▲
2024 · 0.23
Debt to equity
46.18▲
2024 · 11.12
ROE
-292.6%▼
2024 · 39.8%
Interest coverage
-5.44▼
2024 · 17.26
Debt ≤ 1 year
€77,074▲
2024 · €73,869
Income taxes
-€199▼
2024 · €695
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,301 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a small loss
5.5% went bankrupt
1.6% stopped otherwise
93% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.9% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.8%
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 1,301 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€80,511€79,816▼
Fixed assets21/28€9,240€6,720▼
Tangible fixed assets22/27€9,240€6,720▼
Plant, machinery and equipment23€9,240€6,720▼
Current assets29/58€71,271€73,096▲
Stocks and contracts in progress3€54,404€54,828▲
Stocks30/36€54,404€54,828▲
Amounts receivable within one year40/41€502€3,254▲
Trade receivables40€194€2,748▲
Other amounts receivable41€308€506▲
Cash at bank and in hand54/58€15,316€13,631▼
Deferred charges and accrued income490/1€1,050€1,383▲
Equity and liabilities
Total equity and liabilities10/49€80,511€79,816▼
Equity10/15€6,642€1,692▼
Contributions10/11€4,000€4,000=
Profit (loss) carried forward14€2,642-€2,308▼
Amounts payable17/49€73,869€78,124▲
Amounts payable within one year42/48€73,869€77,074▲
Trade debts44€295€3,594▲
Suppliers440/4€295€3,594▲
Taxes, remuneration and social security45€1,617€1,592▼
Taxes450/3€1,617€1,592▼
Other amounts payable47/48€71,957€71,889▼
Accrued charges and deferred income492/3-€1,050
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,916€2,520▼
Other operating charges640/8€972€465▼
Gross operating margin9900€9,606-€2,059▼
Operating profit (loss)9901€3,718-€5,044▼
Financial income75/76B€119€360▲
Recurring financial income75€119€360▲
Financial charges65/66B€500€464▼
Recurring financial charges65€500€464▼
Profit (loss) for the period before taxes9903€3,337-€5,149▼
Income taxes67/77€695-€199▼
Profit (loss) for the period9904€2,642-€4,950▼
Profit (loss) for the period to be appropriated9905€2,642-€4,950▼
Appropriation of the result
Profit (loss) to be appropriated9906€2,642-€2,308▼
Profit (loss) brought forward from the previous period14P-€2,642

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,916€2,520▼ 48.7%
Other operating charges640/8€972€465▼ 52.1%
Gross operating margin9900€9,606-€2,059▼ 121%
Operating profit (loss)9901€3,718-€5,044▼ 236%
Financial income75/76B€119€360▲ 202%
Recurring financial income75€119€360▲ 202%
Financial charges65/66B€500€464▼ 7.3%
Recurring financial charges65€500€464▼ 7.3%
Profit (loss) for the period before taxes9903€3,337-€5,149▼ 254%
Income taxes67/77€695-€199▼ 129%
Profit (loss) for the period9904€2,642-€4,950▼ 287%
Profit (loss) for the period to be appropriated9905€2,642-€4,950▼ 287%
Line20242025Change
Assets
Total assets20/58€80,511€79,816▼ 0.9%
Fixed assets21/28€9,240€6,720▼ 27.3%
Tangible fixed assets22/27€9,240€6,720▼ 27.3%
Plant, machinery and equipment23€9,240€6,720▼ 27.3%
Current assets29/58€71,271€73,096▲ 2.6%
Stocks and contracts in progress3€54,404€54,828▲ 0.8%
Stocks30/36€54,404€54,828▲ 0.8%
Amounts receivable within one year40/41€502€3,254▲ 549%
Trade receivables40€194€2,748▲ 1,318%
Other amounts receivable41€308€506▲ 64.5%
Cash at bank and in hand54/58€15,316€13,631▼ 11.0%
Deferred charges and accrued income490/1€1,050€1,383▲ 31.7%
Equity and liabilities
Total equity and liabilities10/49€80,511€79,816▼ 0.9%
Equity10/15€6,642€1,692▼ 74.5%
Contributions10/11€4,000€4,000=
Profit (loss) carried forward14€2,642-€2,308▼ 187%
Amounts payable17/49€73,869€78,124▲ 5.8%
Amounts payable within one year42/48€73,869€77,074▲ 4.3%
Trade debts44€295€3,594▲ 1,117%
Suppliers440/4€295€3,594▲ 1,117%
Taxes, remuneration and social security45€1,617€1,592▼ 1.6%
Taxes450/3€1,617€1,592▼ 1.6%
Other amounts payable47/48€71,957€71,889▼ 0.1%
Accrued charges and deferred income492/3-€1,050-
Line20242025Change
Profit (loss) for the period9904€2,642-€4,950▼ 287%
+ Depreciation and write-downs630€4,916€2,520▼ 48.7%
Operating cash flow (approximation)€7,557-€2,430▼ 132%
Investment in fixed assets (approximation)-€0-
Change in cash--€1,685-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-09
State Gazette act Registered office
Director in office · Registered-office move4 facts ▸
  • Board meeting, 20-05-2026
  • Director in office, DANVOIE Thierry (director)
  • Director in office, DESTRYKER Sophie (director)
  • Registered-office move, Allée des Roses, 25 à 5600 Neuville
29-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
12-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
State Gazette actNBB filing
1 of 3 acts read
About the unread acts

Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Philippeville · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
2,112 m²
Building footprint
227 m²
Volume, LiDAR
997 m³
2 parcels, Flanders, Wallonia · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SO ESO SRL
Kerkstraat 6/2, 1640 Sint-Genesius-RodeRetail trade
since 20232.348.978.823
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
93046B0389/00E014 Wallonia 1,771 m² 1 · 82 m² -
22004C0870/00A000 Flanders 340 m² 1 · 144 m² 9.3 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 4,238 companies in sector 47789 we hold annual accounts for 1,019. 151 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded30-08-2023
Fiscal year end31-12
Activities, NACEBEL 2025
47789Other retail sale of new goods
46190Agents in non-specialised wholesale trade
47610Retail trade
47784Retail sale of souvenirs and religious articles
96999Other personal services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0805292020
Registered 24-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.