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Soapy

Active
Private limited companyfounded 2019active for 7 yearsKerremansheide 57, 1980 Zemst, BelgiumKBO/BCE: BE 0729.967.758
Summary

Soapy has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €72,375 and a net result of €71,375. Equity is growing by about 23% per year across the filed financial years. Its solvency ranks better than 94% of 8,495 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (25 days) Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00422221.

Equity
€72,375▼ 43.1%
2024 · €127,131
Total assets
€76,193▼ 63.9%
2024 · €211,200
Net result
€71,375▲ 15.6%
2024 · €61,725
Working capital
€67,760▼ 43.7%
2024 · €120,289
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 11% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€87,312 2025 Net result€71,375 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 73, Advertising, market research and public relations activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€17,863-€44,026▲ 146%€47,657▲ 8.2%€78,132▲ 63.9%€62,627▼ 19.8%€78,611▲ 25.5%€87,312▲ 11.1%
Net result€13,985-€34,867within the sector's middle half▲ 149%€37,741within the sector's middle half▲ 8.2%€62,287within the sector's middle half▲ 65.0%€48,738within the sector's middle half▼ 21.8%€61,725within the sector's middle half▲ 26.6%€71,375above the sector's middle half▲ 15.6%
Equity€14,173-€48,240within the sector's middle half▲ 240%€85,181within the sector's middle half▲ 76.6%€146,668within the sector's middle half▲ 72.2%€145,406within the sector's middle half▼ 0.9%€127,131within the sector's middle half▼ 12.6%€72,375within the sector's middle half▼ 43.1%
Total assets€29,364-€56,529below the sector's middle half▲ 92.5%€90,688below the sector's middle half▲ 60.4%€153,688below the sector's middle half▲ 69.5%€202,731below the sector's middle half▲ 31.9%€211,200below the sector's middle half▲ 4.2%€76,193within the sector's middle half▼ 63.9%
Debt€15,191-€8,289▼ 45.4%€5,506▼ 33.6%€7,020▲ 27.5%€57,326▲ 717%€84,069▲ 46.7%€3,818▼ 95.5%
Working capital€6,636-€43,012within the sector's middle half▲ 548%€80,867within the sector's middle half▲ 88.0%€122,381within the sector's middle half▲ 51.3%€130,178within the sector's middle half▲ 6.4%€120,289within the sector's middle half▼ 7.6%€67,760within the sector's middle half▼ 43.7%
Solvency48.3%-85.3%above the sector's middle half▲ 37.1pp93.9%above the sector's middle half▲ 8.6pp95.4%above the sector's middle half▲ 1.5pp71.7%above the sector's middle half▼ 23.7pp60.2%within the sector's middle half▼ 11.5pp95.0%above the sector's middle half▲ 34.8pp
Current ratio1.44-6.19above the sector's middle half▲ 4.7515.69above the sector's middle half▲ 9.5018.43above the sector's middle half▲ 2.753.27within the sector's middle half▼ 15.162.43within the sector's middle half▼ 0.8418.75above the sector's middle half▲ 16.32
Return on assets (ROA)47.6%-61.7%above the sector's middle half▲ 14.1pp41.6%above the sector's middle half▼ 20.1pp40.5%above the sector's middle half▼ 1.1pp24.0%above the sector's middle half▼ 16.5pp29.2%above the sector's middle half▲ 5.2pp93.7%above the sector's middle half▲ 64.5pp
Staff (FTE)0below the sector's middle half
above within below the middle half of NACE 73, Advertising, market research and public relations activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €76,193
Fixed assets €4,615 ▼ 32.5%
Current assets €71,578 ▼ 65.0%
Equity and liabilities €76,193
Equity €72,375 ▼ 43.1%
Debt €3,818 ▼ 95.5%
Debt's share of the balance-sheet total falls from 39.8% to 5.0%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€89,538▲
2024 · €88,782
Cash flow
€73,602▲
2024 · €71,896
Debt to equity
0.05▼
2024 · 0.66
ROE
98.6%▲
2024 · 48.6%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€3,818▼
2024 · €84,069
Income taxes
€18,272▲
2024 · €16,771
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€211,200€76,193▼
Fixed assets21/28€6,842€4,615▼
Tangible fixed assets22/27€6,842€4,615▼
Plant, machinery and equipment23€1,523€1,082▼
Furniture and vehicles24€2,854€1,685▼
Other tangible fixed assets26€2,465€1,849▼
Current assets29/58€204,358€71,578▼
Amounts receivable within one year40/41€12,473€14,741▲
Trade receivables40€12,444€14,273▲
Other amounts receivable41€29€468▲
Current investments50/53€70,000€25,000▼
Cash at bank and in hand54/58€121,835€31,792▼
Deferred charges and accrued income490/1€50€46▼
Equity and liabilities
Total equity and liabilities10/49€211,200€76,193▼
Equity10/15€127,131€72,375▼
Contributions10/11€1,000€1,000=
Reserves13€126,131€71,375▼
Distributable reserves133€126,131€71,375▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€84,069€3,818▼
Amounts payable within one year42/48€84,069€3,818▼
Financial debts43€22€0▼
Credit institutions430/8€22€0▼
Trade debts44€781€983▲
Suppliers440/4€781€983▲
Taxes, remuneration and social security45€3,265€2,830▼
Taxes450/3€3,265€2,830▼
Remuneration and social security454/9€0-
Other amounts payable47/48€80,000€6▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,170€2,226▼
Other operating charges640/8€642€659▲
Gross operating margin9900€89,424€90,197▲
Operating profit (loss)9901€78,611€87,312▲
Financial income75/76B€0€2,450▲
Recurring financial income75€0€2,450▲
Financial charges65/66B€115€114▼
Recurring financial charges65€115€114▼
Profit (loss) for the period before taxes9903€78,497€89,647▲
Income taxes67/77€16,771€18,272▲
Profit (loss) for the period9904€61,725€71,375▲
Profit (loss) for the period to be appropriated9905€61,725€71,375▲
Appropriation of the result
Profit (loss) to be appropriated9906€61,725€71,375▲
Transfer from equity791/2€18,275€126,131▲
Transfer to equity691/2-€71,375
To other reserves6921-€71,375
Profit to be distributed694/7€80,000€126,131▲
Return on contributions (dividend)694€80,000€126,131▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Non-recurring operating income76A---€3,400€0---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,309€2,309€914€2,816€11,263€10,170€2,226▼ 78.1%
Other operating charges640/8--€294€901€630€642€659▲ 2.7%
Gross operating margin9900€20,639€46,625€48,865€81,849€74,521€89,424€90,197▲ 0.9%
Operating profit (loss)9901€17,863€44,026€47,657€78,132€62,627€78,611€87,312▲ 11.1%
Financial income75/76B--€0€195€13€0€2,450-
Recurring financial income75--€0€195€13€0€2,450-
Financial charges65/66B--€102€305€117€115€114▼ 0.4%
Recurring financial charges65€3-€102€305€117€115€114▼ 0.4%
Profit (loss) for the period before taxes9903€17,861€44,026€47,555€78,023€62,523€78,497€89,647▲ 14.2%
Income taxes67/77€3,876€9,159€9,814€15,736€13,785€16,771€18,272▲ 8.9%
Profit (loss) for the period9904€13,985€34,867€37,741€62,287€48,738€61,725€71,375▲ 15.6%
Profit (loss) for the period to be appropriated9905€13,985€34,867€37,741€62,287€48,738€61,725€71,375▲ 15.6%
Line2019202020212022202320242025Change
Assets
Total assets20/58€29,364€56,529€90,688€153,688€202,731€211,200€76,193▼ 63.9%
Fixed assets21/28€7,537€5,228€4,314€24,287€15,228€6,842€4,615▼ 32.5%
Tangible fixed assets22/27€7,537€5,228€4,314€24,287€15,228€6,842€4,615▼ 32.5%
Plant, machinery and equipment23----€1,964€1,523€1,082▼ 29.0%
Furniture and vehicles24---€20,590€10,183€2,854€1,685▼ 41.0%
Other tangible fixed assets26--€4,314€3,697€3,081€2,465€1,849▼ 25.0%
Current assets29/58€21,828€51,301€86,374€129,401€187,504€204,358€71,578▼ 65.0%
Amounts receivable within one year40/41€13,141€11,294€11,802€15,447€15,203€12,473€14,741▲ 18.2%
Trade receivables40--€11,616€14,399€14,494€12,444€14,273▲ 14.7%
Other amounts receivable41--€186€1,048€708€29€468▲ 1,495%
Current investments50/53-----€70,000€25,000▼ 64.3%
Cash at bank and in hand54/58€8,687€40,007€74,553€113,932€172,282€121,835€31,792▼ 73.9%
Deferred charges and accrued income490/1--€18€22€19€50€46▼ 8.3%
Equity and liabilities
Total equity and liabilities10/49€29,364€56,529€90,688€153,688€202,731€211,200€76,193▼ 63.9%
Equity10/15€14,173€48,240€85,181€146,668€145,406€127,131€72,375▼ 43.1%
Contributions10/11--€1,000€1,000€1,000€1,000€1,000=
Reserves13€10,000€45,000€84,181€145,668€144,406€126,131€71,375▼ 43.4%
Distributable reserves133--€84,181€145,668€144,406€126,131€71,375▼ 43.4%
Profit (loss) carried forward14€3,173€2,240--€0€0€0-
Amounts payable17/49€15,191€8,289€5,506€7,020€57,326€84,069€3,818▼ 95.5%
Amounts payable within one year42/48€15,191€8,289€5,506€7,020€57,326€84,069€3,818▼ 95.5%
Financial debts43---€50€0€22€0▼ 100%
Credit institutions430/8---€50€0€22€0▼ 100%
Trade debts44€1,958€616€690€440€1,541€781€983▲ 25.8%
Suppliers440/4--€690€440€1,541€781€983▲ 25.8%
Taxes, remuneration and social security45--€3,119€5,729€5,784€3,265€2,830▼ 13.3%
Taxes450/3--€1,919€3,729€3,784€3,265€2,830▼ 13.3%
Remuneration and social security454/9--€1,200€2,000€2,000€0--
Other amounts payable47/48--€1,698€800€50,000€80,000€6▼ 100.0%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€13,985€34,867€37,741€62,287€48,738€61,725€71,375▲ 15.6%
+ Depreciation and write-downs630€2,309€2,309€914€2,816€11,263€10,170€2,226▼ 78.1%
Operating cash flow (approximation)€16,294€37,176€38,655€65,102€60,002€71,896€73,602▲ 2.4%
Investment in fixed assets (approximation)-€0€0-€22,789-€2,204-€1,784€0-
Change in cash-€31,320€34,546€39,378€58,350-€50,447-€90,043▼ 78.5%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (7)
Financial year Type Filed Reference
31-12-2025 micro format 25-08-2026 2026-00422221
31-12-2024 abbreviated format 18-07-2025 2025-00283190
31-12-2023 abbreviated format 09-07-2024 2024-00224663
31-12-2022 abbreviated format 11-07-2023 2023-00224723
31-12-2021 abbreviated format 28-06-2022 2022-20118330
31-12-2020 abbreviated format 20-07-2021 2021-37600373
31-12-2019 micro format 31-07-2020 2020-37400045

Similar companies · same sector, comparable size

Of the 9,784 active companies whose main activity is advertising agencies (NACE 73110), figures are known for 3,777. 3,063 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.