SOAVE + ASSOCIATES
ActiveSOAVE + ASSOCIATES has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €353k and a net result of €70k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 93% of 1633 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
95
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▼-8
Solvency100▲+30
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 19.38 against 1.85 in 2024; short-term debt: 5.1% and cash: 90.7% of total assets), and 6.8% 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 risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
93.2%
Return on assets
18.4%
Age of the figures
16 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
192122232425
2019 to 2025 · latest year €353k
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 03-12-2025, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
42 d early
2023
40 d early
2022
29 d early
2021
21 d early
2020
23 d early
2019
63 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close22-09-2026 today31-12-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€353k▲ 24.6%
2024 · €283k
2019: €507k
2021: €283k
2022: €283k
2023: €307k
2024: €283k
2019 → 2025
Total assets
€379k▼ 39.6%
2024 · €627k
2019: €792k
2021: €1.12M
2022: €937k
2023: €842k
2024: €627k
2019 → 2025
Net result
€70k▼ 77.3%
2024 · €307k
2019: €236k
2021: €461k
2022: €621k
2023: €524k
2024: €307k
2019 → 2025
Working capital
€356k▲ 24.5%
2024 · €286k
2019: €492k
2021: €285k
2022: €284k
2023: €310k
2024: €286k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€283k-€283k=€307k▲ 8.5%€283k▼ 7.9%€353k▲ 24.6%
Operating result€686k-€763k▲ 11.1%€729k▼ 4.5%€429k▼ 41.1%€107k▼ 75.1%
Net result€461k-€621k▲ 34.7%€524k▼ 15.6%€307k▼ 41.5%€70k▼ 77.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 75% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €379k
Fixed assets
€3k▼ 6.6%
Current assets
€376k▼ 39.8%
Equity and liabilities €379k
Equity
€353k▲ 24.6%
Debt
€26k▼ 92.5%
The debt ratio falls from 54.8% to 6.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€107k▼
2024 · €430k
Cash flow
€70k▼
2024 · €307k
Solvency
93.2%▲
2024 · 45.2%
Current ratio
19.38▲
2024 · 1.85
Quick ratio
19.38▲
2024 · 1.85
Debt / equity
0.07▼
2024 · 1.21
ROE
19.7%▼
2024 · 108.2%
ROA
18.4%▼
2024 · 48.9%
Interest coverage
9.29▼
2024 · 22.73
Debt
€26k▼
2024 · €344k
Debt ≤ 1 year
€19k▼
2024 · €338k
Income taxes
€27k▼
2024 · €106k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€627k€379k▼
Fixed assets21/28€3k€3k▼
Tangible fixed assets22/27€479€278▼
Furniture and vehicles24€479€278▼
Financial fixed assets28€3k€3k=
Current assets29/58€624k€376k▼
Amounts receivable within one year40/41€14k€19k▲
Trade receivables40€0-
Other amounts receivable41€14k€19k▲
Cash at bank and in hand54/58€608k€343k▼
Deferred charges and accrued income490/1€2k€14k▲
Equity and liabilities
Total equity and liabilities10/49€627k€379k▼
Equity10/15€283k€353k▲
Contributions10/11€258k€258k=
Reserves13€26k€26k=
Distributable reserves133€26k€26k=
Profit (loss) carried forward14€0€70k▲
Amounts payable17/49€344k€26k▼
Amounts payable within one year42/48€338k€19k▼
Trade debts44€4k€14k▲
Suppliers440/4€4k€14k▲
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€333k€6k▼
Accrued charges and deferred income492/3€6k€6k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€410€201▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€432k€109k▼
Operating profit (loss)9901€429k€107k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€19k€12k▼
Recurring financial charges65€19k€12k▼
Profit (loss) for the period before taxes9903€413k€97k▼
Income taxes67/77€106k€27k▼
Profit (loss) for the period9904€307k€70k▼
Profit (loss) for the period to be appropriated9905€307k€70k▼
Appropriation of the result
Profit (loss) to be appropriated9906€331k€70k▼
Profit (loss) brought forward from the previous period14P€24k€0▼
Profit to be distributed694/7€331k€0▼
Return on contributions (dividend)694€331k€0▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-09
State Gazette act
Board meeting · Registered-office moveBoard meeting · Registered-office move2 facts ▸
State Gazette act
Board meeting · Registered-office move
Board meeting · Registered-office move2 facts ▸
- Board meeting, 2026-07-08
- Registered-office move, 1780 Wemmel, Koningin Astridlaan 49
2025
03-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-05
Financial
Weakest financial yearnet €70k ▼77.3%
Net result drops to €70k, the lowest in the series.
31-05
Financial
Liquidity times 10current ratio 19.38
Current ratio from 1.85 to 19.38; short-term debt falls from €338k to €19k.
2024
19-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
21-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
02-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-05
Financial
Highest result since 2019net €621k ▲34.7%
Operating result €763k, net result €621k, both a record.
2021
10-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
08-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
07-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
01-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
22-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wemmel · 1 establishment unit since 2004
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.
Koningin Astridlaan 491780 WemmelGround area
1,531 m²
Building footprint
588 m²
Volume, LiDAR
6,743 m³
Parcel 22662B0408/00S005, Flanders · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SOAVE + Associates
since 20042.137.823.778
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0408/00S005 | Flanders | 1,531 m² | 1 · 587 m² | 13.9 m · 4 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.
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Of 13,422 companies in sector 73300 we hold annual accounts for 6,901. 4,645 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-05-2004
Fiscal year end31-05
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
74141
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.