SO PLUG
ActiveSummary
SO PLUG has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €611 and a net result of -€1,054. Equity is shrinking by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 26% of 11502 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency35▼-51
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.11 against 2.58 in 2024; short-term debt: 90.3% and cash: 61.9% of total assets), and 90.3% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
9.7%
Return on assets
-16.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 · 10 filingsDeviation from the deadline
2025
3 d early
2024
1 d early
2023
7 d early
2022
5 d early
2021
21 d late
2020
31 d late
2019
24 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 9 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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. Usually files around 28 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€611▼ 86.9%
2024 · €4,665
Total assets
€6,318▼ 17.1%
2024 · €7,625
Net result
-€1,054
2024 · €2,589
Working capital
€611▼ 86.9%
2024 · €4,665
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€3,257-€57▲ 98.2%-€1,290▼ 2,163%€2,634-€1,009
Net result-€3,302below the sector's middle half-€102within the sector's middle half▲ 96.9%-€1,335within the sector's middle half▼ 1,209%€2,589within the sector's middle half-€1,054within the sector's middle half
Equity€15,813within the sector's middle half▼ 17.3%€15,711within the sector's middle half▼ 0.6%€20,576within the sector's middle half▲ 31.0%€4,665below the sector's middle half▼ 77.3%€611below the sector's middle half▼ 86.9%
Total assets€16,187below the sector's middle half▼ 18.0%€15,711below the sector's middle half▼ 2.9%€20,640below the sector's middle half▲ 31.4%€7,625below the sector's middle half▼ 63.1%€6,318below the sector's middle half▼ 17.1%
Debt€374▼ 39.8%€64€2,960▲ 4,525%€5,707▲ 92.8%
Working capital€15,813within the sector's middle half▼ 17.3%€20,576within the sector's middle half€4,665within the sector's middle half▼ 77.3%€611within the sector's middle half▼ 86.9%
Solvency97.7%above the sector's middle half▲ 0.8pp100.0%above the sector's middle half▲ 2.3pp99.7%above the sector's middle half▼ 0.3pp61.2%within the sector's middle half▼ 38.5pp9.7%within the sector's middle half▼ 51.5pp
Current ratio43.28above the sector's middle half▲ 11.502.58within the sector's middle half1.11within the sector's middle half▼ 1.47
Return on assets (ROA)-20.4%below the sector's middle half▼ 55.1pp-0.6%within the sector's middle half▲ 19.7pp-6.5%below the sector's middle half▼ 5.8pp34.0%above the sector's middle half▲ 40.4pp-16.7%below the sector's middle half▼ 50.6pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale 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
The operating result turns negative in 2025: a loss of €1,009 after €2,634 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €6,318
Equity
€611 ▼ 86.9%
Debt
€5,707 ▲ 92.8%
Debt's share of the balance-sheet total rises from 38.8% to 90.3%. Equity is lower and debt is higher.
Key figures and ratios
Quick ratio
0.70▼
2024 · 1.79
Debt ≤ 1 year
€5,707▲
2024 · €2,960
Equity ratios withheld: equity of €611 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 644 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 90% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a loss of 10% of the balance sheet or more
3.0%
went bankrupt
5.4%
stopped otherwise
90%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 644 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €2,855 | - | - | - | - | - |
| Other operating charges640/8 | €402 | €57 | €64 | €478 | €572 | ▲ 19.7% |
| Gross operating margin9900 | €0 | €0 | -€1,226 | €3,112 | -€437 | ▼ 114% |
| Operating profit (loss)9901 | -€3,257 | -€57 | -€1,290 | €2,634 | -€1,009 | ▼ 138% |
| Financial charges65/66B | €45 | €45 | €45 | €45 | €45 | = |
| Recurring financial charges65 | €45 | €45 | €45 | €45 | €45 | = |
| Profit (loss) for the period before taxes9903 | -€3,302 | -€102 | -€1,335 | €2,589 | -€1,054 | ▼ 141% |
| Profit (loss) for the period9904 | -€3,302 | -€102 | -€1,335 | €2,589 | -€1,054 | ▼ 141% |
| Profit (loss) for the period to be appropriated9905 | -€3,302 | -€102 | -€1,335 | €2,589 | -€1,054 | ▼ 141% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €16,187 | €15,711 | €20,640 | €7,625 | €6,318 | ▼ 17.1% |
| Tangible fixed assets22/27 | €0 | - | - | - | - | - |
| Current assets29/58 | €16,187 | €15,711 | €20,640 | €7,625 | €6,318 | ▼ 17.1% |
| Stocks and contracts in progress3 | €2,324 | €2,324 | €2,324 | €2,324 | €2,324 | = |
| Stocks30/36 | €2,324 | €2,324 | €2,324 | €2,324 | €2,324 | = |
| Amounts receivable within one year40/41 | - | - | €226 | - | €86 | - |
| Other amounts receivable41 | - | - | €226 | - | €86 | - |
| Cash at bank and in hand54/58 | €13,863 | €13,387 | €18,090 | €5,301 | €3,908 | ▼ 26.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €16,187 | €15,711 | €20,640 | €7,625 | €6,318 | ▼ 17.1% |
| Equity10/15 | €15,813 | €15,711 | €20,576 | €4,665 | €611 | ▼ 86.9% |
| Contributions10/11 | €12,400 | €12,400 | €18,600 | €100 | €100 | = |
| Reserves13 | €3,000 | €3,000 | €3,000 | €3,000 | - | - |
| Distributable reserves133 | €3,000 | €3,000 | €3,000 | €3,000 | - | - |
| Profit (loss) carried forward14 | €413 | €311 | -€1,024 | €1,565 | €511 | ▼ 67.3% |
| Amounts payable17/49 | €374 | - | €64 | €2,960 | €5,707 | ▲ 92.8% |
| Amounts payable within one year42/48 | €374 | - | €64 | €2,960 | €5,707 | ▲ 92.8% |
| Trade debts44 | €74 | - | €64 | - | €66 | - |
| Suppliers440/4 | €74 | - | €64 | - | €66 | - |
| Taxes, remuneration and social security45 | €300 | - | - | €211 | - | - |
| Taxes450/3 | €300 | - | - | €211 | - | - |
| Other amounts payable47/48 | - | - | - | €2,749 | €5,641 | ▲ 105% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,302 | -€102 | -€1,335 | €2,589 | -€1,054 | ▼ 141% |
| Operating cash flow (approximation) | -€3,302 | -€102 | -€1,335 | €2,589 | -€1,054 | ▼ 141% |
| Change in cash | - | -€476 | €4,703 | -€12,789 | -€1,393 | ▲ 89.1% |
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
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €2,589
Net result €2,589 after 3 loss-making years.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 21 days late
2021
31-12
Financial
Weakest financial yearnet -€3,302
Net result drops to -€3,302, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €6,854 ▲194%
Operating result €7,196, net result €6,854, both a record.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has 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 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 2013
Ground area
1,628 m²
Building footprint
213 m²
Volume, LiDAR
2,074 m³
Parcel 92322E0624/00D000, Wallonia · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Pins Sylvestres(JB) 2, 5100 Namur
since 20132.221.073.831
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92322E0624/00D000 | Wallonia | 1,628 m² | 1 · 213 m² | 11.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 566 companies in sector 46480 we hold annual accounts for 356. 20 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
Founded07-08-2013
Fiscal year end31-12
Activities, NACEBEL 2025
46480Wholesale trade
46424Wholesale trade
46425Wholesale trade
46498Wholesale trade
47559Retail sale of other household articles
70200Business and other management consultancy
Contact
E-mail
alice.copette@hotmail.com
Phone
0498/299155
E-invoicing
Reachable via Peppol
Peppol ID
0208:0537351591
Registered
17-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.