Equity
€103,124 ▲ 10.1%
SO KITCHEN paid out €100,000 in dividends. That is 91% of the 2025 profit.
SO KITCHEN
Lifetime
7 annual accounts with figures on one time axispeak €274,808 (2022)
€249,307▲ 34.5%
lowest -€387,013 (2019)
€109,453▼ 0.1%
peak €103,124 (2025)
€103,124▲ 10.1%
€613,909▼ 8.6%
peak 2.9 FTE (2022)
1.8 FTEunchanged
Board2 names since 2018
2 directorsSOLEMA and 1 other
Owners
Documentsfilings and deeds
28-07-20263 days before the deadline
2025abbreviated format
Gross margin from €185,382 to €249,307Dividend €100,000Cash from €310,486 to €76,341
Key points
from the 2025 annual accountsChecked score
67
Healthy
Financially stronger than 48% of micro companies in retail trade (NACE 47)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.8%▲ +0.1 percentage points vs 03-2025
05-2025: 0.8%● unchanged vs 04-2025
06-2025: 0.9%▲ +0.1 percentage points vs 05-2025
07-2025: 1.0%▲ +0.1 percentage points vs 06-2025
08-2025: 0.5%▼ -0.5 percentage points vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.6%▲ +0.1 percentage points vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.5%▼ -0.1 percentage points vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026lowest value
04-2026: 1.0%▲ +0.5 percentage points vs 03-2026
05-2026: 1.2%▲ +0.2 percentage points vs 04-2026
06-2026: 1.4%▲ +0.2 percentage points vs 05-2026
07-2026: 1.6%▲ +0.2 percentage points vs 06-2026highest value
08-2026: 1.1%▼ -0.5 percentage points vs 07-2026
09-2026: 1.1%● unchanged vs 08-2026
10-2026: 1.0%▼ -0.1 percentage points vs 09-2026
11-2026: 1.0%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Equity €103,124 (14.4% of total assets)
1 change of registered office in 24 months
lowers risk
Figures for financial year 2025 (filed on 28-07-2026)
Size: 1.8 FTE, total assets €717,034
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 47, micro). It does better than 31% of them on solvency, 19% on liquidity, 83% on profitability and 61% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 6,713 companies had the same profile as SO KITCHEN has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SO KITCHEN itself: 1.0% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,713 companies, not a prediction for SO KITCHEN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.18 (1.1 in 2024), below the usual 1.5. Short-term debt is 78.3% and cash 10.6% of total assets. 85.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 12856 sector peers (2025).
NBB · sector comparisonPosition among 12856 sector peers
Solvency
better than 25%
← 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 28-07-2026, 3 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
3 days early
2024
20 days early
2023
30 days late
2022
3 days early
2021
17 days early
2020
1 day early
2019
27 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 2 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- SOLEMA founderdeed of 12-06-2018
- LECOCQ Sophie founderdeed of 12-06-2018
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0697769302
Registered office moved from Tournai to Froyennes
New registered office: Rue de la Borgnette 44-46 à 7503 Froyennes · Previous registered office: Rue du Quesnoy 37 à 7500 Tournai · Resignation: SOLEMA SRL (director) · General meeting of 20-02-2026 · Gazette deed
Incorporation
Appointment: SOLEMA (manager) · Permanent representative: LECOCQ Sophie · Founder: SOLEMA (comparante) · published on 12-06-2018 · Gazette deed
First establishment
VANDEN BORRE KITCHEN, Rue de la Borgnette 44-46, Tournai
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SO KITCHEN Tournai | €0.7m | €249,307 | 14.4% | 1.8 |
| HOME CONFORT & FILS Frameries | €0.9m | €212,818 | 70.7% | 2.7 |
| Merckx Meubelen Aalst | €0.8m | €175,145 | 22.9% | 1.6 |
| PUUR SLAPEN Zoersel | €0.6m | €205,342 | 15.1% | 1.8 |
| TOFIX Oudenaarde | €1.0m | €238,769 | 25.7% | 2 |
| LESS Kortrijk | €0.8m | €312,722 | 19.6% | 2.4 |
| BARESQUE EUROPE Watermael-Boitsfort | €1.0m | €359,707 | 11.2% | 1.9 |
These companies have the same main activity as SO KITCHEN: retail sale of household furniture (NACE 47551). They are comparable in size and age: total assets between €565,000 and €1m, founded between 2016 and 2019.
Official details
Source: KBO- Status
- Active since 08-06-2018Normal situation
- Activity
- Retail sale of household furnitureNACE 47551
- Joint committee
- 201Independent retail · annual accounts 2025
- Establishment unit
- 2.277.194.2697503 Tournai, since 08-06-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- ≈ €1.4mestimated
- €717,034▼ 6.3%
- Employeeson 31-12-2025
- 2=
- Filing
- Filed on 28-07-2026, 3 days before the end of the filing period
Insights on SO KITCHEN
SO KITCHEN files the abbreviated format. That format states no turnover. The gross margin rose from -€259,167 in 2019 to €249,307 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SO KITCHEN
- What is the company number of SO KITCHEN?
- The company number of SO KITCHEN is 0697.769.302. The VAT number is the same number with BE in front: BE 0697.769.302.
- Where is SO KITCHEN based?
- The registered office is at Rue de la Borgnette 44-46, 7503 Tournai.Company details
- What does SO KITCHEN do?
- According to the KBO register, the main activity is retail sale of household furniture (NACE 47551).
- What is the legal form of SO KITCHEN?
- SO KITCHEN is a private limited company (pre-2019) (BVBA).
- When was SO KITCHEN founded?
- SO KITCHEN was founded on 08-06-2018.
- Is SO KITCHEN still active?
- Yes, SO KITCHEN is an active enterprise in the KBO register.
- How many employees does SO KITCHEN have?
- SO KITCHEN had an average of 1.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does SO KITCHEN fall under?
- In its 2025 annual accounts, SO KITCHEN states joint committee 201 (Independent retail).
- What is the turnover of SO KITCHEN?
- The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €249,307 and 34 comparable companies (NACE 475). It probably lies between €1.1m and €2.1m.
- Is SO KITCHEN profitable?
- In financial year 2025, SO KITCHEN made a profit of €109,453.
- Where can I find the annual accounts of SO KITCHEN?
- SO KITCHEN filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SO KITCHEN due?
- SO KITCHEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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