Losses
Every financial year from 2010 to 2018 closed with a loss. 2013 was the heaviest.
Every financial year from 2010 to 2018 closed with a loss. 2013 was the heaviest.
The 2018 accounts came latest: 72 days after the end of the period.
On 6 September 2021 the court declared SO TECH bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €100,000. Estimated: probably between €55,000 and €190,000.
| Line | Trend | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
48,680 | 28,743 | 30,016 | 32,820 | 876 | 3,414 | 9,409 | 8,236 | 6,942 | |
21/28 |
26,668 | 28,345 | 29,648 | 30,951 | - | 2,827 | 2,827 | 667 | - | |
21 |
23,400 | - | - | - | - | - | - | - | - | |
22/27 |
3,268 | 28,345 | 29,648 | 30,951 | - | 2,827 | 2,827 | 667 | - | |
22 |
- | 28,345 | 29,648 | 30,951 | - | - | - | - | - | |
24 |
1,354 | - | - | - | - | 2,827 | 2,827 | 667 | - | |
26 |
1,914 | - | - | - | - | - | - | - | - | |
29/58 |
22,012 | 398 | 367 | 1,869 | 876 | 587 | 6,582 | 7,569 | 6,942 | |
3 |
17,500 | - | - | - | - | - | - | - | - | |
30/36 |
17,500 | - | - | - | - | - | - | - | - | |
40/41 |
- | 250 | 250 | 561 | 804 | 587 | 6,582 | 6,008 | 6,756 | |
40 |
- | - | - | - | - | - | - | - | 748 | |
41 |
- | 250 | 250 | 561 | 804 | 587 | 6,582 | 6,008 | 6,008 | |
54/58 |
4,512 | 148 | 117 | 1,308 | 72 | - | - | 1,561 | - | |
490/1 |
- | - | - | - | - | - | - | - | 186 | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
48,680 | 28,743 | 30,016 | 32,820 | 876 | 3,414 | 9,409 | 8,236 | 6,942 | |
10/15 |
-20,731 | -19,312 | -16,190 | -9,394 | -5,954 | -14,350 | -4,022 | -2,849 | -868 | |
10/11 |
18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 6,250 | 6,250 | 6,250 | 6,250 | |
100 |
18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | |
101 |
- | - | - | - | - | 12,500 | 12,500 | 12,500 | 12,500 | |
14 |
-39,481 | -38,062 | -34,940 | -28,144 | -24,704 | -20,600 | -10,272 | -9,099 | -7,118 | |
17/49 |
69,411 | 48,056 | 46,206 | 42,214 | 6,830 | 17,764 | 13,431 | 11,085 | 7,810 | |
42/48 |
69,411 | 48,056 | 46,206 | 42,214 | 6,830 | 17,764 | 13,431 | 11,085 | 7,810 | |
43 |
- | 40,505 | 37,105 | - | - | 2,358 | 1,298 | - | 199 | |
430/8 |
- | - | - | - | - | 2,358 | - | - | - | |
439 |
- | 40,505 | 37,105 | - | - | - | 1,298 | - | 199 | |
44 |
5,091 | 825 | 825 | - | 5,754 | 5,114 | 7,480 | 7,168 | 3,496 | |
440/4 |
5,091 | 825 | 825 | - | 5,754 | 5,114 | 7,480 | 7,168 | 3,496 | |
45 |
10,183 | - | - | - | 306 | 648 | 4,653 | 3,917 | 4,115 | |
450/3 |
3,149 | - | - | - | 306 | 648 | 4,653 | 3,917 | 4,115 | |
454/9 |
7,034 | - | - | - | - | - | - | - | - | |
47/48 |
54,137 | 6,725 | 8,275 | 42,214 | 770 | 9,644 | - | - | - | |
| Income statement | ||||||||||
76A |
- | - | - | - | 2,555 | - | 2,065 | 718 | - | |
9900 |
28,838 | 1,633 | -1,905 | -2,606 | -4,496 | -6,787 | -1,097 | -1,359 | -5,569 | |
62 |
26,115 | - | - | - | - | - | - | - | - | |
630 |
3,426 | 1,303 | 1,303 | 109 | - | - | 1,581 | 333 | 1,000 | |
640/8 |
568 | 3,335 | 3,126 | - | 1,110 | 987 | - | 907 | 339 | |
66A |
- | - | 450 | - | 333 | - | - | - | 135 | |
9901 |
-1,271 | -3,005 | -6,783 | -2,715 | -5,606 | -7,774 | -2,678 | -2,599 | -6,908 | |
75/76B |
- | - | - | - | 90 | - | 441 | 267 | 122 | |
75 |
- | - | - | - | 90 | - | 441 | 267 | 122 | |
65/66B |
148 | 117 | 13 | 725 | 812 | 2,554 | 931 | 367 | 197 | |
65 |
148 | 117 | 13 | 725 | 812 | 2,554 | 931 | 367 | 197 | |
9903 |
-1,418 | -3,122 | -6,796 | -3,440 | -4,106 | -10,328 | -1,103 | -1,981 | -7,118 | |
67/77 |
- | - | - | - | -2 | - | 70 | - | - | |
9904 |
-1,418 | -3,122 | -6,796 | -3,440 | -4,104 | -10,328 | -1,173 | -1,981 | -7,118 | |
9905 |
-1,418 | -3,122 | -6,796 | -3,440 | -4,104 | -10,328 | -1,173 | -1,981 | -7,118 | |
| Appropriation of the result | ||||||||||
9906 |
-39,481 | -38,062 | -34,940 | -28,144 | -24,704 | -20,600 | -10,272 | -9,099 | -7,118 | |
| Document | ||||||||||
Source: Annual accounts 2018 (PDF), filed on 11-10-2019.
2018 annual accounts filed 72 days after the deadline. Filed on 11 October 2019, deadline 31 July 2019 (7 months after the close on 31 December 2018, Companies Code art. 3:10). Source: NBB, 2019-70400090.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2018 | full format | 11-10-2019 | 2019-70400090 | |
| 31-12-2017 | micro format | 30-08-2018 | 2018-60300203 | |
| 31-12-2017 | full format | 20-08-2018 | 2018-47800157 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-56700495 | |
| 31-12-2015 | full format | 27-08-2016 | 2016-50400376 | |
| 31-12-2014 | full format | 28-08-2015 | 2015-52000152 | |
| 31-12-2013 | full format | 28-08-2014 | 2014-51500390 | |
| 31-12-2012 | full format | 12-07-2013 | 2013-29700276 | |
| 31-12-2011 | full format | 10-08-2012 | 2012-39600228 | |
| 31-12-2010 | full format | 24-08-2011 | 2011-43500057 |
| Line | Trend | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2,155 | -1,702 | -5,480 | -2,606 | - | - | -1,097 | -2,266 | -5,908 | ||
| 2,007 | -1,819 | -5,493 | -3,331 | - | - | 408 | -1,648 | -6,118 | ||
| 30,094 | 0 | 0 | 31,060 | - | - | 3,741 | 1,000 | - | ||
| 4,364 | 31 | -1,191 | 1,236 | - | - | - | - | - | ||
| -47,399 | -47,658 | -45,839 | -40,345 | -5,954 | -17,177 | -6,849 | -3,516 | -868 | ||
| -42.6% | -67.2% | -53.9% | -28.6% | - | - | -42.7% | -34.6% | -12.5% | ||
| 0.32 | 0.01 | 0.01 | 0.04 | - | - | 0.49 | 0.68 | 0.89 | ||
| 0.07 | 0.01 | 0.01 | 0.04 | - | - | 0.49 | 0.68 | 0.89 | ||
| -2.9% | -10.9% | -22.6% | -10.5% | - | - | -12.5% | -24.1% | -102.5% |
EBIT margin: not included in this filing.
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2018 is a loss of €1,271, smaller than the loss of €3,005 in 2017.
Equity is negative. Debt (€69,411) exceeds the balance-sheet total (€48,680).
SO TECH has no parent and no holdings in its annual accounts.
See the function holders in the KBO register.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
SO TECH is no longer in the KBO register.
If something looks wrong or is missing, please tell us.