Losses
-€26,093 in three years
Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.
SOCATHE
Lifetime
20 annual accounts with figures on one time axis, 40 filings since 1983peak €31,011 (2009)
€3,123▲ €8,737
lowest -€18,777 (2019)
-€4,228▲ €7,934
peak €183,247 (2022)
€157,154▼ 2.6%
€4,488▲ 45.9%
Documentsfilings and deeds
08-08-20268 days late
2025abbreviated format
Turnover from €29,902 to €38,024Gross margin from -€5,614 to €3,123Loss of €4,228Debts from €3,077 to €4,488
Key points
from the 2025 annual accountsPayment terms
12 days to suppliers
SOCATHE pays its suppliers 6 days earlier than in 2024. Customers pay 29 days later.
Filings
40 annual accounts since 1983
Nine of the last ten came late. The 2017 accounts came latest: 31 days after the end of the period.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 12,344 companies had the same profile as SOCATHE has now. Each dot stands for 31 companies, two years later.
90.1%
were still trading
8.7%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,344 companies, not a prediction for SOCATHE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0424024711
Registered office moved from Tournai to Frasnes Lez Buissenal
New registered office: route de Lessines 25A à 7911 FRASNES LEZ BUISSENAL · Previous registered office: Chaussée de Douai, 66 7500 TOURNAI · Gazette deed
First establishment
Route de Lessines 25, Frasnes-lez-Anvaing
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SOCATHE Frasnes-lez-Anvaing | €38,024 | -12.4% | 97.2% | - |
| CLEYT Maldegem | - | - | 98.7% | - |
| DATA PROCESSING MANAGEMENT CY Liège | €36 | - | 49.2% | - |
| DE NIEUWE BELGEN Ghent | - | - | 93.1% | - |
| DATA - IN Waregem | - | - | 40.1% | - |
| COMPUSOFT FLANDERS BV Zulte | - | - | 83.5% | - |
| LALEMAN SOLUTIONS Antwerp | - | - | -22.7% | - |
Grey: the largest companies of the sector (retail trade (NACE 47)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as SOCATHE: retail sale of information and communication equipment (NACE 47400). They are comparable in size and age: total assets between €144,000 and €341,000, founded between 1978 and 1999.
Official details
Source: KBO- Status
- Active since 09-05-1983Normal situation
- Activity
- Retail sale of information and communication equipmentNACE 47400
- Establishment unit
- 2.022.324.6907911 Frasnes-lez-Anvaing, since 27-05-1983
- Financial year end
- 31 December
- Peppol
- Reachable since 01-02-2026
Insights on SOCATHE
SOCATHE files the abbreviated format. That format states no turnover. The gross margin fell from €12,958 in 2006 to €3,123 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SOCATHE
- What is the company number of SOCATHE?
- The company number of SOCATHE is 0424.024.711. The VAT number is the same number with BE in front: BE 0424.024.711.
- Where is SOCATHE based?
- The registered office is at Route de Lessines 25A, 7911 Frasnes-lez-Anvaing.Company details
- What does SOCATHE do?
- According to the KBO register, the main activity is retail sale of information and communication equipment (NACE 47400).
- What is the legal form of SOCATHE?
- SOCATHE is a private limited company (pre-2019) (BVBA).
- When was SOCATHE founded?
- SOCATHE was founded on 09-05-1983.
- Is SOCATHE still active?
- Yes, SOCATHE is an active enterprise in the KBO register.
- What is the turnover of SOCATHE?
- The turnover of SOCATHE was €38,024 in financial year 2025, according to the filed annual accounts.Financials
- Is SOCATHE profitable?
- In financial year 2025, SOCATHE made a loss of €4,228.
- Where can I find the annual accounts of SOCATHE?
- SOCATHE filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SOCATHE due?
- SOCATHE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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