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Complete company report
Generated 15-08-2026
Active BE 0786.765.317Public limited company

SOAP HOUSE SA

Avenue Reine Astrid 92 ·1310 La Hulpe, Belgium· 4 yrs active
Sector: Ontwikkeling van residentiële bouwprojecten (68121)
Conclusion Checked

The computed 12-month bankruptcy probability of SOAP HOUSE SA is 0.7% (low). The 2025 annual accounts show equity of €528k and a net result of €-14k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 45% of 205 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €528k
Net result €-14k
Better than sector 45%
Active 4 yrs
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health37Profitability0Solvency48Growth32Stability94
42 / 100

Fragile profile, watch profitability in particular.

All 5 axes are computed from data Checked has read.

Health 37
Profitability 0
Solvency 48
Growth 32
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
0.7% Low
0%0,5%1,5%4%10%≥25%
Young company +Lower-failure-rate sector −Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2025 · computed
37 / 100 Weak
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview4 NBB filings
Annual accounts filed on 10-04-2026 with the NBB · fiscal year 2025 · volledig
€-25k€0€25k€50k€75kOperating result 2022: €81k€81kNet result 2022: €52k€52kOperating result 2023: €48k€48kNet result 2023: €3k€3kOperating result 2024: €39k€39kNet result 2024: €-13k€-13kOperating result 2025: €25k€25kNet result 2025: €-14k€-14k2022202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable Equity: stable across 4 fiscal years (±1.9%/year).
€450k€500k€550k2026: €519k (€477k - €561k)2027: €509k (€466k - €551k)2028: €498k (€456k - €540k)2022: €552k2023: €555k2024: €542k2025: €528k2022202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 68, Real estate activities · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 26.3% 31.0%
better than 45% of 205 sector peers
Net result €-14k €9k
better than 33% of 204 sector peers
Equity €528k €503k
better than 51% of 205 sector peers
Total assets €2.00M €2.43M
better than 45% of 205 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Net profit
€-14k
-10.9% 22-25
Total assets
€2.00M
+4.3% 22-25
Equity
€528k
-2.6% 22-25
Working capital
€528k
-2.6% 22-25
Income taxes
€-175
- 22-25
Debt
€1.48M
+7.0% 22-25
Debt ≤ 1y
€1.48M
+7.0% 22-25
Current ratio
1.36
-2.6% 22-25
Quick ratio
0.01
-37.7% 22-25
Solvency
26.3%
-6.7% 22-25
Debt / equity
2.80
+9.9% 22-25
ROE
-2.7%
-13.9% 22-25
ROA
-0.7%
-6.3% 22-25
Figures by fiscal year
Fiscal year2025
Depositvolledig
Revenue-
EBITDA-
Net profit€-14k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€2.00M
Equity€528k
Debt€1.48M
of which ≤ 1y€1.48M
of which > 1y-
Working capital€528k
Employees (FTE)-
Ratios (computed)
2025
Current ratio1.36
Quick ratio0.01
Working capital ratio26.3%
Solvency26.3%
Debt / equity2.80
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-0.7%
ROE-2.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€2.00M
Current assets 29/58€2.00M
Stocks & contracts in progress 3€1.99M
Amounts receivable within one year 40/41€462
Cash & bank 54/58€9k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2.00M
Equity 10/15€528k
Contributions / capital 10/11€500k
Reserves 13€3k
Accumulated profits (losses) 14€25k
Amounts payable 17/49€1.48M
Amounts payable within one year 42/48€1.48M
Trade debts payable within one year 44€909
Income statement
Operating result 9901€25k
Financial charges 65€39k
Result before taxes 9903€-14k
Net result for the period 9904€-14k
Result to be appropriated 9905€-14k
You are seeing the latest fiscal year only. 3 prior years (figures + ratios) are in a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 9 directors
Current directors & mandates
  • Suzy DENYS
    Director
    State Gazette act 25091056 (22-07-2025)
    Current
    22-07-2025 → present
  • Alexander HODAC
    Director
    State Gazette act 25015971 (30-01-2025)
    Current
    30-01-2025 → present
  • ATENOR SALegal entity
    Managing director
    State Gazette act 24099796 (03-07-2024)
    Current
    21-06-2024 → present
  • Caroline VANDERSTRAETEN
    Managing director
    State Gazette act 24099796 (03-07-2024)
    Current
    21-06-2024 → present
Former directors (5)
  • Sheelam CHADHA
    Director
    State Gazette act 25048640 (14-04-2025)
    Former
    - → 31-01-2025
  • Patrick BECKERS
    Director
    State Gazette act 25015971 (30-01-2025)
    Former
    - → 30-01-2025
  • Vincent DE VOS
    Director
    State Gazette act 25015971 (30-01-2025)
    Former
    - → 30-01-2025
  • William LERINCKX
    Director
    State Gazette act 25015971 (30-01-2025)
    Former
    - → 31-10-2024
  • Stéphan SONNEVILLE
    Managing director
    State Gazette act 24099796 (03-07-2024)
    Former
    - → 18-06-2024
    2 events
    • 18-06-2024 Resigned· Managing director
    • 18-06-2024 Resigned· Managing director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary Ontwikkeling van residentiële bouwprojecten(68121)
Legal form Public limited company(014)
Incorporation02-06-2022
StatusActive
Postal code1310
Establishment units 1 location
SOAP HOUSE
Avenue Reine Astrid 92, 1310 La HulpeOntwikkeling van residentiële bouwprojecten
since 20222.331.736.577
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25050C0039/00K000 Wallonia 10.1 ha 1 · 113 m² 14.1 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 9 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
10-04-2026
NBB filing Annual accounts filed
fiscal year 2025 · volledig
2025
22-07-2025
State Gazette act Director changes
14-04-2025
State Gazette act Director changes
11-04-2025
NBB filing Annual accounts filed
fiscal year 2024 · volledig
30-01-2025
State Gazette act Director changes
2024
03-07-2024
State Gazette act Director changes
12-06-2024
State Gazette act Director changes
12-04-2024
NBB filing Annual accounts filed
fiscal year 2023 · volledig
2023
19-04-2023
NBB filing Annual accounts filed
fiscal year 2022 · volledig
Belgisch Staatsblad, acts 5 acts
All acts · 5 updated 1 year ago
2025
22-07-2025 Suzy DENYS appointed as director Director changes
  • Suzy DENYS, Bestuurder
Technical details 
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        "name": "Vera FRANCEUS",
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  },
  "act_meta": {
    "language": "mixed",
    "pub_date": null,
    "filing_date": "2025-06-30",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decisions": [
    {
      "body": "enig_aandeelhouder_schriftelijk",
      "date": "2025-06-30",
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    }
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  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
14-04-2025 2 resigning Director changes
  • Sheelam CHADHA, Bestuurder
  • Stéphan SONNEVILLE, Gedelegeerd bestuurder
Technical details 
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      "effective_date": "2025-01-31",
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      "reason": "end_of_term",
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      "via_org": null,
      "statutory": "statutair",
      "compensated": null,
      "effective_date": "2024-06-18",
      "evidence_quote": "Les actionnaires confirment, aux fins de publication aupr\u00E8s de la Banque Carrefour des Entreprises, la cessation du mandat d\u0027administrateur d\u00E9l\u00E9gu\u00E9 de Monsieur St\u00E9phan SONNEVILLE, effective \u00E0 partir du 18 juin 2024, coincidant avec la fin de son mandat d\u0027administrateur.",
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        "kind": "until_date",
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      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
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  ],
  "notary": {
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  },
  "act_meta": {
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  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
30-01-2025 1 director appointed, 3 resigning Director changes
  • Alexander HODAC, Bestuurder
  • William LERINCKX, Bestuurder
  • Vincent DE VOS, Bestuurder
  • Patrick BECKERS, Bestuurder
Technical details 
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      "decharge_status": null,
      "mandate_duration": {
        "kind": "n_years",
        "value": "3"
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      "rep_rotation_new_rep": null,
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    },
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        "name": "William LERINCKX",
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        "birth_place": null
      },
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      "subkind": null,
      "via_org": null,
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      "compensated": null,
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      "evidence_quote": "Les Actionnaires lui donnent d\u00E9charge pour tous les actes intervenus jusqu\u0027\u00E0 cette date dans le cadre de son mandat.",
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      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": "statutair",
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Les Actionnaires lui donnent d\u00E9charge pour tous les actes intervenus jusqu\u0027\u00E0 cette date dans le cadre de son mandat.",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "substantive_delegation",
      "role": "directeur",
      "person": {
        "rrn": null,
        "name": "Vera FRANCEUS",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "additional",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Les Actionnaires donnent procuration \u00E0 Madame Vera FRANCEUS, avec pouvoir de subd\u00E9l\u00E9gation, afin de poser tous les actes qui pourraient \u00EAtre n\u00E9cessaires ou utiles relatifs aux formalit\u00E9s (en ce compris, sans y \u00EAtre limit\u00E9, l\u0027\u00E9tablissement et la signature de tous les documents et formulaires) en vue ",
      "decharge_status": null,
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        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
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    }
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  "notary": {
    "name": null,
    "firm_city": null,
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  },
  "act_meta": {
    "language": "mixed",
    "pub_date": null,
    "filing_date": "2025-01-20",
    "act_kind_objet": "Objet de l\u0027acte:"
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  "decisions": [
    {
      "body": "enig_aandeelhouder_schriftelijk",
      "date": "2025-01-09",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0786.765.317",
    "name_full": "SOAP HOUSE",
    "legal_form": "SA"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
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2024
03-07-2024 3 directors appointed, 1 resigning Director changes
  • Caroline VANDERSTRAETEN, Gedelegeerd bestuurder
  • ATENOR SA, Gedelegeerd bestuurder
  • Vera FRANCEUS, Gedelegeerd bestuurder
  • Stéphan SONNEVILLE, Gedelegeerd bestuurder
Technical details 
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      "role": "administrateur_d\u00E9l\u00E9gu\u00E9",
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      "reason": "de_plein_droit_dissolution",
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      "effective_date": "2024-06-18",
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      "compensated": false,
      "effective_date": "2024-06-21",
      "evidence_quote": "Les Actionnaires d\u00E9cident de nommer Madame Caroline VANDERSTRAETEN en qualit\u00E9 d\u0027Administrateur. avec effet imm\u00E9diat et pour une dur\u00E9e de 3 ans.",
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    {
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        "kbo": "0403.209.303",
        "name": "ATENOR SA",
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        "country": "BE",
        "legal_form": "SA"
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      "statutory": null,
      "compensated": true,
      "effective_date": "2024-06-21",
      "evidence_quote": "Les Actionnaires d\u00E9cident de nommer la SA ATENOR, dont le si\u00E8ge est situ\u00E9 \u00E0 l\u0027avenue Reine Astrid 92- 1310 La Hulpe, inscrite \u00E0 la Banque Carrefour des Entreprises sous le num\u00E9ro 0403.209.303, repr\u00E9sent\u00E9e par son repr\u00E9sentant permanent Monsieur St\u00E9phan SONNEVILLE, avec effet imm\u00E9diat et pour une dur",
      "decharge_status": null,
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        "kind": "until_agm_year",
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      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
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      "kind": "delegation_dagelijks_bestuur_in",
      "role": "delegated_bestuurder",
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        "name": "Vera FRANCEUS",
        "address": null,
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      "via_org": null,
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      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Les Actionnaires donnent procuration \u00E0 Madame Vera FRANCEUS, avec pouvoir de subd\u00E9l\u00E9gation, afin de poser tous les actes qui pourraient \u00EAtre n\u00E9cessaires ou utiles relatifs aux formalit\u00E9s",
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  "notary": {
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  "act_meta": {
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  "decisions": [
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      "body": "enig_aandeelhouder_schriftelijk",
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    "kbo": "0786.765.317",
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12-06-2024 2 directors appointed, 1 resigning Director changes
  • Christophe PELZER, Commissaris
  • Vera FRANCEUS, Gedelegeerd bestuurder
  • Carlo-Sébastien D'ADDARIO, Commissaris
Technical details 
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      "kind": "commissaris_out",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "Carlo-S\u00E9bastien D\u0027ADDARIO",
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        "country": "BE",
        "legal_form": "SRL"
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      "statutory": "statutair",
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "les Actionnaires r\u00E9voquent la SRL EY R\u00E9viseurs d\u0027Entreprises, dont le si\u00E8ge est situ\u00E9 \u00E0 1831 Diegem, Kouterveldstraat 7B, B001, inscrite \u00E0 la Banque Carrefour des Entreprises sous le num\u00E9ro 0446.334.711, repr\u00E9sent\u00E9e par Monsieur Carlo-S\u00E9bastien D\u0027ADDARIO, r\u00E9viseur d\u0027entreprises, avec effet imm\u00E9diat.",
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        "country": "BE",
        "legal_form": "SRL"
      },
      "statutory": "statutair",
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Les Actionnaires nomment, sur proposition de l\u0027organe d\u0027administration, la SRL BDO R\u00E9viseurs d\u0027Entreprises, dont le si\u00E8ge est situ\u00E9 \u00E0 1930 Zaventem, Da Vincilaan 9/E.6, Elsinore Building - Corporate Village, inscrite \u00E0 la Banque Carrefour des Entreprises sous le num\u00E9ro 0431.088.289, repr\u00E9sent\u00E9e par ",
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      "mandate_duration": {
        "kind": "n_years",
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      "evidence_quote": "Le mandat de trois ans du Commissaire expirera \u00E0 l\u0027issue de l\u0027Assembl\u00E9e G\u00E9n\u00E9rale Ordinaire qui sera appel\u00E9e \u00E0 statuer sur l\u0027approbation des comptes de l\u0027exercice social se cl\u00F4turant le 31 d\u00E9cembre 2026.",
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    "kbo": "0786.765.317",
    "name_full": "SOAP HOUSE",
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Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Ontwikkeling van residentiële bouwprojecten41101Ontwikkeling van residentiële bouwprojecten68121Ontwikkeling van niet-residentiële bouwprojecten41102Ontwikkeling van niet-residentiële bouwprojecten68122
Primary activity highlighted.
Names & trade names
Legal nameFR SOAP HOUSE SA
Registered office
Avenue Reine Astrid 92
1310 La Hulpe, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative