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SO SE CO

Active
Non-profit associationfounded 198739 yrs activeTramstraat 10, 8700 Tielt, BelgiumKBO/BCE: BE 0430.668.023

SO SE CO has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.60M and a net result of €4k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 95% of 9517 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2024
86 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability69▲+2
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €220k at 30 days acceptable
Liquidity ample (current ratio 48.33 against 26.86 in 2023; short-term debt: 0.9% and cash: 3.1% of total assets), and 0.9% 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 riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 39 years 0 40 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
99.1%
Return on assets
0.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
31 d early
2023
24 d early
2022
32 d early
← before the deadline after the 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 2024, micro schema

Equity
€2.60M▲ 0.1%
2023 · €2.60M
2022: €2.65M 2023: €2.60M
2022 → 2024
Total assets
€2.63M▼ 0.5%
2023 · €2.64M
2022: €2.65M 2023: €2.64M
2022 → 2024
Net result
€4k
2023 · €-44k
2022: €-50k 2023: €-44k
2022 → 2024
Working capital
€1.07M▲ 2.7%
2023 · €1.04M
2022: €1.02M 2023: €1.04M
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202220232024Trend
Equity€2.65M-€2.60M▼ 1.7%€2.60M▲ 0.1%
Operating result€-69k-€-49k▲ 29.8%€4k
Net result€-50k-€-44k▲ 11.5%€4k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-80k€-60k€-40k€-20k€0Operating result 2022: €-69k€-69kNet result 2022: €-50k€-50kOperating result 2023: €-49k€-49kNet result 2023: €-44k€-44kOperating result 2024: €4k€4kNet result 2024: €4k€4k202220232024
The operating result returns to profit in 2024: €4k after a loss of €49k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.63M
Fixed assets €1.54M▼ 1.5%
Current assets €1.09M▲ 1.0%
Equity and liabilities €2.63M
Equity €2.60M▲ 0.1%
Debt €23k▼ 43.9%
The debt ratio falls from 1.5% to 0.9%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€60k
2023 · €12k
Cash flow
€61k
2023 · €16k
Solvency
99.1%
2023 · 98.5%
Current ratio
48.33
2023 · 26.86
Quick ratio
48.33
2023 · 26.86
Debt / equity
0.01
2023 · 0.02
ROE
0.1%
2023 · -1.7%
ROA
0.1%
2023 · -1.7%
Interest coverage
263.01
2023 · 163.67
Debt
€23k
2023 · €40k
Debt ≤ 1 year
€23k
2023 · €40k
Income taxes
€541
2023 · €14k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€2.64M€2.63M
Fixed assets21/28€1.56M€1.54M
Tangible fixed assets22/27€1.06M€1.03M
Land and buildings22€1.06M€1.03M
Plant, machinery and equipment23€3k€4k
Furniture and vehicles24€197€98
Financial fixed assets28€501k€501k=
Current assets29/58€1.08M€1.09M
Amounts receivable after more than one year29€962k€962k=
Other amounts receivable291€962k€962k=
Amounts receivable within one year40/41€75k€48k
Trade receivables40€75k€48k
Cash at bank and in hand54/58€44k€82k
Equity and liabilities
Total equity and liabilities10/49€2.64M€2.63M
Equity10/15€2.60M€2.60M
Contributions10/11€90k€90k=
Capital10€90k€90k=
Reserves13€2.78M€2.78M=
Profit (loss) carried forward14€-266k€-262k
Amounts payable17/49€40k€23k
Amounts payable within one year42/48€40k€23k
Trade debts44€37k€19k
Suppliers440/4€37k€19k
Taxes, remuneration and social security45€3k€4k
Taxes450/3€3k€4k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€57k
Other operating charges640/8€10k€18k
Gross operating margin9900€22k€78k
Operating profit (loss)9901€-49k€4k
Financial income75/76B€19k€1k
Recurring financial income75€19k€1k
Financial charges65/66B€73€230
Recurring financial charges65€73€230
Profit (loss) for the period before taxes9903€-30k€4k
Income taxes67/77€14k€541
Profit (loss) for the period9904€-44k€4k
Profit (loss) for the period to be appropriated9905€-44k€4k
Appropriation of the result
Profit (loss) to be appropriated9906€-266k€-262k
Profit (loss) brought forward from the previous period14P€-222k€-266k

The notes to these accounts (5 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

2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €4k
Net result €4k after 2 loss-making years.
07-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
10 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, Tielt
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.

Tramstraat 108700 Tielt
Ground area
211 m²
Building footprint
190 m²
Volume, LiDAR
1,669 m³
Parcel 37015K0404/00P006, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37015K0404/00P006 Flanders 211 m² 1 · 190 m² 12.3 m · 3 fl.
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 11,225 companies in sector 82100 we hold annual accounts for 3,511. 927 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formNon-profit association
Founded25-02-1987
Fiscal year end31-12
Activities, NACEBEL
74854
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.