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SOALYS

Active Private limited companyfounded 2019active for 7 yearsRue du Tilleul 35, 1315 IncourtKBO/BCE: BE 0728.827.613

Lifetime

7 annual accounts with figures on one time axis
peak €10,809 (2023)
-€45,202▼ €19,097
lowest -€31,668 (2023)
€2,093▼ 98.7%
peak €292,000 (2025)
€292,000▲ 0.7%
€372,602▼ 1.0%
Board2 names since 2021
2 directorsGALET FLORENCE and 1 other
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from -€26,105 to -€45,202Result from €155,518 to €2,093Investments €243,673Cash from €438,164 to €180,261

Key points

from the 2025 annual accounts

Result

€2,093 ▼ 98.7%
€156,0002024€2,0902025

The result fell in 2025: the 2024 profit included a one-off income of €230,156.

Investments

€243,673 7.8 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Land and buildings stand 113.0% higher than in 2024.

Liquidity

2.61 was 1.94 in 2024

Short-term debts fell from €239,598 to €95,831.

Filings

7 annual accounts 6 late
AprilJune31 JulyOctober202020222024

The 2020 accounts came latest: 86 days after the end of the period.

Position in the sector

€292,000

More equity than 90% of companies in education. Sector median €32,704 · 2,617 companies.

Turnover not published (micro format)

Checked score

93
Excellent
Financially stronger than 46% of micro companies in education (NACE 85)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 3,826 companies (NACE 85, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.6% 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.7%▲ +0.1 percentage points vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025highest value 08-2025: < 0.1%▼ -0.7 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: 0.1%▲ +0.1 percentage points vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Average

69=equity 43.9% of total assets
81-3short-term debt 14.4% · cash 27.1%
19-29return on assets 0.3%

Score breakdown

raises risk
1 change of registered office in 24 months
lowers risk
Sector: Education (NACE 85)
Liquidity: current ratio 2.61, cash €180,261, halved
Size: total assets €664,601
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 85, micro). It does better than 48% of them on solvency, 71% on liquidity, 20% on profitability and 45% on growth.

The bankruptcy probability was computed on 06-11-2026 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 very low class on 30-06-2025, 0.1% 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, 1,639 companies had the same profile as SOALYS has now. Each dot stands for 5 companies, two years later.

95.5%
were still trading
3.7%
stopped another way
0.5%
went bankrupt
  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of SOALYS itself: 0.1% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 1,639 companies, not a prediction for SOALYS. 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 €25,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.61 (1.94 in 2024), above the usual 1.5. Short-term debt is 14.4% and cash 27.1% of total assets. However, 56.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Sector: Education (NACE 85)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 2.61, cash €180,261, halved
NBB · annual accounts
lowers risk · Size: total assets €664,601
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filings
Deviation from the deadline
2025
28 days late
2024
8 days early
2023
21 days late
2022
28 days late
2021
76 days late
2020
86 days late
2019
67 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 43 days after the deadline. In the sector (NACE 85), the median for financial year 2024 was 16 days before the deadline, and 32% 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 August (4 of the last 5 accounts filed within 36 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

GF
GALET FLORENCE
Director
GS
GALET SANDRINE
Director

Shares in 1 company, SG IMMO

Board & ownership

Recent changes

Registered office moved from Perwez to Incourt New registered office: 35.Rue du Tilleul 1315 INCOURT · Previous registered office: 4/6, Avenue Wilmart à 1360 PERWEZ · General meeting of 23-08-2024 · Gazette deed
Demerger: SG IMMO splits off to SOALYS Capital contribution of €80,604.05 · The company holds all the shares of SG IMMO · General meeting of 25-01-2024 · Gazette deed
Demerger proposal: SG IMMO SRL splits off to SOALYS The company holds all the shares of SG IMMO SRL · Board meeting of 29-11-2023 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0728827613
All 18 events

Comparable companies

same main activity, similar in size and age
Company
SOALYS Incourt €0.7m -€45,202 43.9% -
CLS CONCEPT Mons €1.2m -€54,053 -10.2% -
THE HAZARD FACTORY Lendelede €0.9m -€214,915 19.6% -
GEYSEN ACADEMY Westerlo €0.2m -€65,020 -137.1% -
ESPACE DU POSSIBLE Tournai €0.5m -€140,246 -26.1% 0.8
MAÂT Uccle €0.2m -€2,268 100.0% -
ViTeS Services Leuven €0.5m -€4,647 100.0% -

These companies have the same main activity as SOALYS: vocational training (NACE 85592). They are comparable in size and age: total assets between €238,000 and €1.2m, founded between 2010 and 2022.

Official details

Source: KBO
Status
Active since 25-06-2019Normal situation
Activity
Vocational trainingNACE 85592and 5 others
Establishment unit
2.291.499.2941315 Incourt, since 25-06-2019
Financial year end
31 December
Peppol
Reachable since 20-11-2020
Company details

Annual accounts 2025

€664,601▼ 0.2%
Filing
Filed on 28-08-2026
Financials

Insights on SOALYS

SOALYS files the micro format. That format states no turnover. The gross margin fell from €7,131 in 2019 to -€45,202 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 SOALYS

What is the company number of SOALYS?
The company number of SOALYS is 0728.827.613. The VAT number is the same number with BE in front: BE 0728.827.613.
Where is SOALYS based?
The registered office is at Rue du Tilleul 35, 1315 Incourt.Company details
What does SOALYS do?
According to the KBO register, the main activity is vocational training (NACE 85592).
What is the legal form of SOALYS?
SOALYS is a private limited company (BV).
When was SOALYS founded?
SOALYS was founded on 25-06-2019.
Is SOALYS still active?
Yes, SOALYS is an active enterprise in the KBO register.
What is the turnover of SOALYS?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is SOALYS profitable?
In financial year 2025, SOALYS made a profit of €2,093.
Where can I find the annual accounts of SOALYS?
SOALYS filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SOALYS due?
SOALYS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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