SOCAFIN

Limited partnershipfounded 201412 yrs activeKasteeldreef 51, 8020 Oostkamp, BelgiumKBO/BCE: BE 0556.759.907

Summary

SOCAFIN has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2016 annual accounts show equity of €34,820 and a net result of €8,935. The computed 12-month bankruptcy probability is 0.8% (low).

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SOCAFINActive

Risk analysis Report Compare

Checked score

No current score

Figures too old

The available figures for FY 2016 are too old to assess current financial health.

Axes, FY 2016

Profitability65

Solvency68

Growth-

Track record85

Bankruptcy probability, 12 months

0.8% Low

0%0.5%1.5%4%10%≥ 25%

Credit check for your own amount and term

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

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2016

Solvency, return and age of the figures

Solvency

43.2%

Return on assets

11.1%

Age of the figures

117 mo

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 13-07-2017, 18 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2016

18 d early

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

SOCAFIN was incorporated on 22 July 2014.¹ The company has filed annual accounts once, for fiscal year 2016.²

Go further with this company

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2016, micro schema

Equity

€34,820

Total assets

€80,656

Net result

€8,935

Working capital

€61,820

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €80,656

97.8%

Fixed assets €1,750

Current assets €78,906

Equity and liabilities €80,656

43.2%

56.8%

Equity €34,820

Debt €45,836

Debt finances 56.8% of the balance-sheet total.

Key figures and ratios

2016 value

Current ratio

4.62

Debt to equity

0.83

ROE

25.7%

ROA

11.1%

Debt ≤ 1 year

€17,086

Debt > 1 year

€28,750

Income taxes

€6,240

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2016 · 23 lines

Balance sheet Code2016

Assets

Total assets20/58€80,656

Fixed assets21/28€1,750

Financial fixed assets28€1,750

Current assets29/58€78,906

Amounts receivable within one year40/41€13,500

Cash at bank and in hand54/58€63,642

Equity and liabilities

Total equity and liabilities10/49€80,656

Equity10/15€34,820

Contributions10/11€2,500

Reserves13€32,200

Profit (loss) carried forward14€120

Amounts payable17/49€45,836

Amounts payable after more than one year17€28,750

Amounts payable within one year42/48€17,086

Trade debts44€1,567

Income statement Code2016

Gross operating margin9900€19,302

Operating profit (loss)9901€18,442

Recurring financial income75€0

Recurring financial charges65€3,267

Profit (loss) for the period before taxes9903€15,176

Income taxes67/77€6,240

Profit (loss) for the period9904€8,935

Profit (loss) for the period to be appropriated9905€8,935

Line	2016
Gross operating margin9900	€19,302
Operating profit (loss)9901	€18,442
Recurring financial income75	€0
Recurring financial charges65	€3,267
Profit (loss) for the period before taxes9903	€15,176
Income taxes67/77	€6,240
Profit (loss) for the period9904	€8,935
Profit (loss) for the period to be appropriated9905	€8,935

Line	2016
Assets
Total assets20/58	€80,656
Fixed assets21/28	€1,750
Financial fixed assets28	€1,750
Current assets29/58	€78,906
Amounts receivable within one year40/41	€13,500
Cash at bank and in hand54/58	€63,642
Equity and liabilities
Total equity and liabilities10/49	€80,656
Equity10/15	€34,820
Contributions10/11	€2,500
Reserves13	€32,200
Profit (loss) carried forward14	€120
Amounts payable17/49	€45,836
Amounts payable after more than one year17	€28,750
Amounts payable within one year42/48	€17,086
Trade debts44	€1,567

Line	2016
Profit (loss) for the period9904	€8,935
Operating cash flow (approximation)	€8,935

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

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Timeline · acts, filings and financial milestones

All 1Filings 1

2017

13-07

NBB filing Annual accounts filed

fiscal year 2016 · micro schema

NBB filing

0 of 3 acts read

About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors

3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Oostkamp · 1 establishment unit since 2015

seat establishment The establishment unit on the map

Ground area

5,395 m²

Building footprint

260 m²

Volume, LiDAR

96 m³

Parcel 31009D0989/00E006, Flanders · tallest building 7.2 m. Linked by address, not a title deed.

2 companies at this address See who is registered here

1 establishment unit

Socafin

Kasteeldreef 51, 8020 OostkampHoldings

since 20152.233.456.672

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
31009D0989/00E006	Flanders	5,395 m²	1 · 260 m²	7.2 m

Linked by address, not proof of ownership

Good to know

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Identification & contact

Identification

Legal formLimited partnership

Founded22-07-2014

Fiscal year end31-12

E-invoicing

Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Scores and ratios are computed by Checked and are not a credit decision.