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SO RARE

Active
Private limited companyfounded 201312 yrs activeMinervalaan 9, 1190 Vorst, BelgiumKBO/BCE: BE 0542.344.123

SO RARE has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18k and a net result of €9k. Equity is shrinking by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 37% of 7002 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
62 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▲+92
Solvency62▲+23
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.89 against 0.77 in 2024; short-term debt: 62.8% and cash: 0.6% of total assets), and 62.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 12 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
37.2%
Return on assets
18.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
27 d late
2024
28 d late
2023
22 d late
2022
31 d late
2021
31 d late
2020
30 d late
2019
87 d late
← before the deadline after the deadline →
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
20-09-2026 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

Financials · fiscal year 2025, micro schema

Equity
€18k▲ 99.4%
2024 · €9k
2018: €75k 2019: €44k 2020: €60k 2021: €56k 2022: €57k 2023: €40k 2024: €9k
2018 → 2025
Total assets
€49k▼ 26.1%
2024 · €66k
2018: €199k 2019: €129k 2020: €117k 2021: €92k 2022: €93k 2023: €66k 2024: €66k
2018 → 2025
Net result
€9k
2024 · €-31k
2018: €-12k 2019: €-31k 2020: €16k 2021: €-4k 2022: €871 2023: €-20k 2024: €-31k
2018 → 2025
Working capital
€-3k▲ 74.8%
2024 · €-13k
2018: €83k 2019: €20k 2020: €40k 2021: €25k 2022: €19k 2023: €12k 2024: €-13k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€56k-€57k▲ 1.6%€40k▼ 28.9%€9k▼ 77.4%€18k▲ 99.4%
Operating result€-884-€5k€-16k€-28k▼ 76.4%€22k
Net result€-4k-€871€-20k€-31k▼ 56.8%€9k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20kOperating result 2021: €-884€-884Net result 2021: €-4k€-4kOperating result 2022: €5k€5kNet result 2022: €871€871Operating result 2023: €-16k€-16kNet result 2023: €-20k€-20kOperating result 2024: €-28k€-28kNet result 2024: €-31k€-31kOperating result 2025: €22k€22kNet result 2025: €9k€9k20212022202320242025
The operating result returns to profit in 2025: €22k after a loss of €28k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €49k
Fixed assets €21k▼ 3.5%
Current assets €27k▼ 37.6%
Equity and liabilities €49k
Equity €18k▲ 99.4%
Debt €31k▼ 46.2%
The debt ratio falls from 86.2% to 62.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€27k
2024 · €-20k
Cash flow
€14k
2024 · €-23k
Solvency
37.2%
2024 · 13.8%
Current ratio
0.89
2024 · 0.77
Quick ratio
0.89
2024 · 0.77
Debt / equity
1.69
2024 · 6.25
ROE
49.9%
2024 · -343.2%
ROA
18.6%
2024 · -47.3%
Interest coverage
17.96
2024 · -11.41
Debt
€31k
2024 · €57k
Debt ≤ 1 year
€31k
2024 · €57k
Income taxes
€11k
2024 · €971
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€66k€49k
Fixed assets21/28€22k€21k
Tangible fixed assets22/27€19k€18k
Furniture and vehicles24€6k€4k
Other tangible fixed assets26€13k€13k
Financial fixed assets28€4k€4k=
Current assets29/58€44k€27k
Amounts receivable within one year40/41€36k€24k
Trade receivables40€32k€20k
Other amounts receivable41€4k€4k
Current investments50/53€0-
Cash at bank and in hand54/58€2k€309
Deferred charges and accrued income490/1€6k€3k
Equity and liabilities
Total equity and liabilities10/49€66k€49k
Equity10/15€9k€18k
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-11k€-2k
Amounts payable17/49€57k€31k
Amounts payable within one year42/48€57k€31k
Current portion of amounts payable after more than one year42€0-
Financial debts43€3k€8k
Credit institutions430/8€3k€0
Other loans439-€8k
Trade debts44€22k€6k
Suppliers440/4€22k€6k
Taxes, remuneration and social security45€12k€8k
Taxes450/3€12k€8k
Other amounts payable47/48€20k€9k
Income statement Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€5k
Other operating charges640/8€3k€4k
Non-recurring operating charges66A€242€0
Gross operating margin9900€-17k€31k
Operating profit (loss)9901€-28k€22k
Financial income75/76B€6€91
Recurring financial income75€6€91
Financial charges65/66B€2k€2k
Recurring financial charges65€2k€2k
Profit (loss) for the period before taxes9903€-30k€20k
Income taxes67/77€971€11k
Profit (loss) for the period9904€-31k€9k
Profit (loss) for the period to be appropriated9905€-31k€9k
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-2k
Profit (loss) brought forward from the previous period14P€20k€-11k

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial Back to profitnet €9k
Net result €9k after 2 loss-making years.
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
22-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial Back to profitnet €871
Net result €871 after one loss-making year.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial Back to profitnet €16k
Net result €16k after 2 loss-making years.
26-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
2019
14-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 75 days late
2018
18-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 18 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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, Vorst · 1 establishment unit since 2013
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Minervalaan 91190 Vorst
Ground area
1,358 m²
Parcel 21383B0020/00Z059, Brussels. Linked by address, not a title deed.
1 establishment unit
Minervalaan 9, 1190 Vorst
Web portal activities
since 20132.224.524.655
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21383B0020/00Z059 Brussels 1,358 m² - -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 13,422 companies in sector 73300 we hold annual accounts for 6,900. 4,585 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded20-11-2013
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.