Socaro
ActiveSummary
Socaro has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €191,697 and a net result of €44,836. Equity is shrinking by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 36% of 2601 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▲+41
Solvency50▼-20
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity short (current ratio 0.21 against 0.85 in 2024; short-term debt: 74.6% and cash: 10.8% of total assets), and 74.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
25.1%
Return on assets
5.9%
Age of the figures
9 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
1819202122232425
2018 to 2025 · latest year €191,697
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
9 d early
2023
54 d early
2022
61 d early
2021
38 d early
2020
51 d early
2019
12 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 25 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
In the rankings
#3 company by total assets in Rixensart, Other services sector#8 company by equity in Rixensart, Other services sector
Equity
€191,697▲ 30.5%
2024 · €146,861
Total assets
€765,020▲ 136%
2024 · €323,931
Net result
€44,836
2024 · -€3,918
Working capital
-€451,322▼ 1,644%
2024 · -€25,873
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€28,798▲ 293%€29,555▲ 2.6%-€13,012€781€73,882▲ 9,363%
Net result€18,544within the sector's middle half▲ 862%€17,603within the sector's middle half▼ 5.1%-€17,931below the sector's middle half-€3,918below the sector's middle half▲ 78.1%€44,836above the sector's middle half
Equity€184,108above the sector's middle half▲ 1.4%€188,711above the sector's middle half▲ 2.5%€170,780above the sector's middle half▼ 9.5%€146,861above the sector's middle half▼ 14.0%€191,697above the sector's middle half▲ 30.5%
Total assets€320,018within the sector's middle half▲ 3.2%€328,674within the sector's middle half▲ 2.7%€286,841within the sector's middle half▼ 12.7%€323,931within the sector's middle half▲ 12.9%€765,020above the sector's middle half▲ 136%
Debt€133,506▲ 5.9%€137,558▲ 3.0%€113,656▼ 17.4%€174,665▲ 53.7%€570,919▲ 227%
Working capital€10,560within the sector's middle half▼ 71.2%€7,612within the sector's middle half▼ 27.9%€546within the sector's middle half▼ 92.8%-€25,873below the sector's middle half-€451,322below the sector's middle half▼ 1,644%
Solvency57.5%within the sector's middle half▼ 1.0pp57.4%within the sector's middle half▼ 0.1pp59.5%within the sector's middle half▲ 2.1pp45.3%within the sector's middle half▼ 14.2pp25.1%within the sector's middle half▼ 20.3pp
Current ratio1.08within the sector's middle half▼ 0.211.06within the sector's middle half▼ 0.021.00within the sector's middle half▼ 0.050.85within the sector's middle half▼ 0.150.21below the sector's middle half▼ 0.64
Return on assets (ROA)5.8%within the sector's middle half▲ 5.2pp5.4%within the sector's middle half▼ 0.4pp-6.3%below the sector's middle half▼ 11.6pp-1.2%below the sector's middle half▲ 5.0pp5.9%within the sector's middle half▲ 7.1pp
Staff (FTE)1.2▲ 9.1%1.2=1.4▲ 16.7%1.2▼ 14.3%1▼ 16.7%
above
within
below
the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 9,363% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €765,020
Fixed assets
€645,424 ▲ 265%
Current assets
€119,596 ▼ 18.7%
Equity and liabilities €765,020
Equity
€191,697 ▲ 30.5%
Provisions
€2,405 =
Debt
€570,919 ▲ 227%
Debt's share of the balance-sheet total rises from 53.9% to 74.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€125,980▲
2024 · €10,005
Cash flow
€96,933▲
2024 · €5,306
Quick ratio
0.21▼
2024 · 0.81
Debt to equity
2.98▲
2024 · 1.19
ROE
23.4%▲
2024 · -2.7%
Interest coverage
11.60▲
2024 · 2.13
Debt ≤ 1 year
€570,919▲
2024 · €173,049
Income taxes
€18,193
Staff costs
€45,756▼
2024 · €48,030
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,815 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.8%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 3,815 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €363 | - | - | - | €280 | - |
| Remuneration, social security and pensions62 | €48,899 | €51,835 | €64,240 | €48,030 | €45,756 | ▼ 4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,770 | €9,622 | €9,562 | €9,225 | €52,097 | ▲ 465% |
| Other operating charges640/8 | €8,630 | €8,659 | €9,429 | €9,912 | €9,864 | ▼ 0.5% |
| Gross operating margin9900 | €90,098 | €99,671 | €70,221 | €67,947 | €181,600 | ▲ 167% |
| Operating profit (loss)9901 | €28,798 | €29,555 | -€13,012 | €781 | €73,882 | ▲ 9,363% |
| Financial income75/76B | €11 | €18 | €3 | - | €9 | - |
| Recurring financial income75 | €11 | €18 | €3 | - | €9 | - |
| Financial charges65/66B | €5,011 | €5,206 | €4,778 | €4,699 | €10,863 | ▲ 131% |
| Recurring financial charges65 | €5,011 | €5,206 | €4,778 | €4,699 | €10,863 | ▲ 131% |
| Profit (loss) for the period before taxes9903 | €23,799 | €24,366 | -€17,787 | -€3,918 | €63,029 | ▲ 1,709% |
| Income taxes67/77 | €5,254 | €6,763 | €145 | - | €18,193 | - |
| Profit (loss) for the period9904 | €18,544 | €17,603 | -€17,931 | -€3,918 | €44,836 | ▲ 1,244% |
| Profit (loss) for the period to be appropriated9905 | €18,544 | €17,603 | -€17,931 | -€3,918 | €44,836 | ▲ 1,244% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €320,018 | €328,674 | €286,841 | €323,931 | €765,020 | ▲ 136% |
| Fixed assets21/28 | €175,952 | €183,504 | €173,941 | €176,754 | €645,424 | ▲ 265% |
| Tangible fixed assets22/27 | €175,546 | €183,097 | €173,535 | €176,348 | €645,018 | ▲ 266% |
| Land and buildings22 | €143,848 | €159,453 | €158,534 | €167,705 | €643,489 | ▲ 284% |
| Furniture and vehicles24 | €31,699 | €23,644 | €15,001 | €8,643 | €1,529 | ▼ 82.3% |
| Financial fixed assets28 | €406 | €406 | €406 | €406 | €406 | = |
| Current assets29/58 | €144,066 | €145,171 | €112,899 | €147,176 | €119,596 | ▼ 18.7% |
| Stocks and contracts in progress3 | €14,718 | €9,057 | €6,037 | €7,372 | €2,202 | ▼ 70.1% |
| Stocks30/36 | €14,718 | €9,057 | €6,037 | €7,372 | €2,202 | ▼ 70.1% |
| Amounts receivable within one year40/41 | €5,534 | €5,737 | €5,082 | €10,317 | €31,911 | ▲ 209% |
| Trade receivables40 | €5,534 | - | €226 | €317 | €14,453 | ▲ 4,458% |
| Other amounts receivable41 | - | €5,737 | €4,855 | €10,000 | €17,457 | ▲ 74.6% |
| Cash at bank and in hand54/58 | €121,412 | €127,776 | €98,981 | €127,035 | €82,974 | ▼ 34.7% |
| Deferred charges and accrued income490/1 | €2,402 | €2,601 | €2,800 | €2,452 | €2,510 | ▲ 2.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €320,018 | €328,674 | €286,841 | €323,931 | €765,020 | ▲ 136% |
| Equity10/15 | €184,108 | €188,711 | €170,780 | €146,861 | €191,697 | ▲ 30.5% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €84,195 | €84,195 | = |
| Reserves13 | €61,741 | €65,741 | €65,741 | €62,343 | €107,502 | ▲ 72.4% |
| Non-distributable reserves130/1 | €52,500 | €56,500 | €35,000 | €35,000 | €35,000 | = |
| Reserves not available under the articles1311 | €52,500 | €56,500 | €35,000 | €35,000 | €35,000 | = |
| Tax-exempt reserves132 | €9,241 | €9,241 | €9,241 | €9,241 | €9,241 | = |
| Distributable reserves133 | - | - | €21,500 | €18,102 | €63,262 | ▲ 249% |
| Profit (loss) carried forward14 | €22,367 | €22,970 | €5,039 | €324 | €0 | ▼ 100% |
| Provisions and deferred taxes16 | €2,405 | €2,405 | €2,405 | €2,405 | €2,405 | = |
| Deferred taxes168 | €2,405 | €2,405 | €2,405 | €2,405 | €2,405 | = |
| Amounts payable17/49 | €133,506 | €137,558 | €113,656 | €174,665 | €570,919 | ▲ 227% |
| Amounts payable within one year42/48 | €133,506 | €137,558 | €112,353 | €173,049 | €570,919 | ▲ 230% |
| Trade debts44 | €21,503 | €11,617 | €8,690 | €66,918 | €18,454 | ▼ 72.4% |
| Suppliers440/4 | €21,503 | €11,617 | €8,690 | €66,918 | €18,454 | ▼ 72.4% |
| Advances received on contracts in progress46 | - | €16,448 | €2,502 | €13,058 | €50 | ▼ 99.6% |
| Taxes, remuneration and social security45 | €14,793 | €15,133 | €19,655 | €11,691 | €20,086 | ▲ 71.8% |
| Taxes450/3 | €10,068 | €7,184 | €10,656 | €4,154 | €11,581 | ▲ 179% |
| Remuneration and social security454/9 | €4,725 | €7,950 | €9,000 | €7,537 | €8,505 | ▲ 12.8% |
| Other amounts payable47/48 | €97,209 | €94,359 | €81,506 | €81,382 | €532,329 | ▲ 554% |
| Accrued charges and deferred income492/3 | - | - | €1,303 | €1,615 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,544 | €17,603 | -€17,931 | -€3,918 | €44,836 | ▲ 1,244% |
| + Depreciation and write-downs630 | €3,770 | €9,622 | €9,562 | €9,225 | €52,097 | ▲ 465% |
| Operating cash flow (approximation) | €22,315 | €27,225 | -€8,369 | €5,306 | €96,933 | ▲ 1,727% |
| Investment in fixed assets (approximation) | - | -€17,174 | €0 | -€12,038 | -€520,767 | ▼ 4,226% |
| Change in cash | - | €6,364 | -€28,795 | €28,054 | -€44,062 | ▼ 257% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Back to profitnet €44,836
Net result €44,836 after 2 loss-making years.
31-12
Financial
Equity above €150,000Eq €191,697 ▲30.5%
Equity rises from €146,861 to €191,697.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€17,931
Net result drops to -€17,931, the lowest in the series; recovery starts the following year.
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €1,929
Net result €1,929 after 2 loss-making years.
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
6 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, Rixensart · 1 establishment unit since 1961
Ground area
2,232 m²
Building footprint
590 m²
Volume, LiDAR
3,266 m³
Parcel 25033A0065/00D000, Wallonia · tallest building 11.8 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Avenue Albert Ier 181, 1332 Rixensart
since 19612.010.223.347
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25033A0065/00D000 | Wallonia | 2,232 m² | 1 · 590 m² | 11.8 m · 2 fl. |
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.
Similar companies · same sector, comparable size
LOUYET MARIEMBOURG
BE 0426.995.483
Couvin · Eq €191,391
GARAGE VONHOFF
BE 0846.300.254
Raeren · Eq €191,359
GARAGE ROBIN
BE 0447.196.328
Sint-Jans-Molenbeek · Eq €191,236
H. VAN ROMPAEY LEUVEN
BE 0891.114.056
Putte · Eq €191,234
SERVICE - STATION CLEARY - STRAUVEN
BE 0465.689.674
Bredene · Eq €192,202
Of 7,377 companies in sector 95311 we hold annual accounts for 2,962. 2,327 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0401500420
Registered
08-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.