SOCATHE
ActiveSummary
SOCATHE has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €157,154 and a net result of -€4,228. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 95% of 4209 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability59▲+53
Solvency100=
Growth22=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 33.33 against 47.21 in 2024; short-term debt: 2.8% and cash: 63% of total assets), and 2.8% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : 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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€4,228
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-08-2026, 8 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
8 d late
2024
31 d late
2023
24 d late
2022
31 d late
2021
1 d early
2020
30 d late
2019
31 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 22 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 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 simulator 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, full schema
Turnover
€38,024▲ 27.2%
2024 · €29,902
EBIT margin
-12.4%▲ 39.2pp
2024 · -51.6%
Net result
-€4,228▲ 65.2%
2024 · -€12,162
Working capital
€145,093▲ 2.0%
2024 · €142,192
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€61,902▲ 8.6%€57,858▼ 6.5%€36,533▼ 36.9%€29,902▼ 18.2%€38,024▲ 27.2%
Operating result€16,485▲ 87.8%€3,441▼ 79.1%-€11,385-€15,435▼ 35.6%-€4,724▲ 69.4%
Net result€15,644▲ 69.6%€3,030▼ 80.6%-€9,703-€12,162▼ 25.3%-€4,228▲ 65.2%
EBIT margin26.6%▲ 11.2pp5.9%▼ 20.7pp-31.2%▼ 37.1pp-51.6%▼ 20.5pp-12.4%▲ 39.2pp
Equity€180,217▲ 9.5%€183,247▲ 1.7%€173,544▼ 5.3%€161,382▼ 7.0%€157,154▼ 2.6%
Total assets€191,783▲ 13.7%€188,748▼ 1.6%€175,845▼ 6.8%€164,459▼ 6.5%€161,642▼ 1.7%
Debt€11,566▲ 183%€5,501▼ 52.4%€2,301▼ 58.2%€3,077▲ 33.7%€4,488▲ 45.9%
Working capital€176,758▲ 11.3%€147,725▼ 16.4%€145,067▼ 1.8%€142,192▼ 2.0%€145,093▲ 2.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4,724 in 2025 against €15,435 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €161,642
Fixed assets
€12,061 ▼ 37.1%
Current assets
€149,581 ▲ 3.0%
Equity and liabilities €161,642
Equity
€157,154 ▼ 2.6%
Debt
€4,488 ▲ 45.9%
Debt's share of the balance-sheet total rises from 1.9% to 2.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2,405▲
2024 · -€6,148
Cash flow
€2,901▲
2024 · -€2,875
Current ratio
33.33▼
2024 · 47.21
Quick ratio
29.60▼
2024 · 40.72
Debt to equity
0.03▲
2024 · 0.02
ROE
-2.7%▲
2024 · -7.5%
ROA
-2.6%▲
2024 · -7.4%
Interest coverage
63.29▲
2024 · -212.00
Debt ≤ 1 year
€4,488▲
2024 · €3,077
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,304 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,058 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% | 1.6% |
| 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 74% 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 12,304 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 |
|---|---|---|---|---|---|---|
| Turnover70 | €61,902 | €57,858 | €36,533 | €29,902 | €38,024 | ▲ 27.2% |
| Non-recurring operating income76A | - | €5,006 | €10,214 | €2,974 | €1,920 | ▼ 35.4% |
| Goods, raw materials, services and sundry goods60/61 | €42,822 | €54,589 | €50,006 | €38,491 | €36,821 | ▼ 4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,232 | €4,342 | €7,545 | €9,287 | €7,129 | ▼ 23.2% |
| Other operating charges640/8 | €364 | €492 | €581 | €534 | €718 | ▲ 34.5% |
| Gross operating margin9900 | €19,080 | €8,275 | -€3,259 | -€5,614 | €3,123 | ▲ 156% |
| Operating profit (loss)9901 | €16,485 | €3,441 | -€11,385 | -€15,435 | -€4,724 | ▲ 69.4% |
| Financial income75/76B | €397 | €364 | €1,628 | €3,670 | €650 | ▼ 82.3% |
| Recurring financial income75 | €397 | €364 | €382 | €1,010 | €650 | ▼ 35.6% |
| Non-recurring financial income76B | - | - | €1,246 | €2,660 | - | - |
| Financial charges65/66B | €37 | €24 | €24 | €29 | €154 | ▲ 431% |
| Recurring financial charges65 | €37 | €24 | €24 | €29 | €38 | ▲ 31.0% |
| Non-recurring financial charges66B | - | - | - | - | €116 | - |
| Profit (loss) for the period before taxes9903 | €16,844 | €3,781 | -€9,781 | -€11,794 | -€4,228 | ▲ 64.2% |
| Income taxes67/77 | €1,200 | €751 | -€78 | €368 | - | - |
| Profit (loss) for the period9904 | €15,644 | €3,030 | -€9,703 | -€12,162 | -€4,228 | ▲ 65.2% |
| Transfer to tax-exempt reserves689 | €2,000 | €2,000 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €13,644 | €1,030 | -€9,703 | -€12,162 | -€4,228 | ▲ 65.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €191,783 | €188,748 | €175,845 | €164,459 | €161,642 | ▼ 1.7% |
| Fixed assets21/28 | €3,458 | €36,022 | €28,477 | €19,190 | €12,061 | ▼ 37.1% |
| Tangible fixed assets22/27 | €3,458 | €36,022 | €28,477 | €19,190 | €12,061 | ▼ 37.1% |
| Plant, machinery and equipment23 | €529 | €1,093 | €677 | €0 | - | - |
| Furniture and vehicles24 | €2,929 | €34,929 | €27,800 | €19,190 | €12,061 | ▼ 37.1% |
| Current assets29/58 | €188,324 | €152,726 | €147,368 | €145,269 | €149,581 | ▲ 3.0% |
| Stocks and contracts in progress3 | €9,258 | €11,804 | €18,438 | €19,972 | €16,727 | ▼ 16.2% |
| Stocks30/36 | €9,258 | €11,804 | €18,438 | €19,972 | €16,727 | ▼ 16.2% |
| Amounts receivable within one year40/41 | €32,414 | €16,933 | €25,927 | €21,849 | €30,998 | ▲ 41.9% |
| Trade receivables40 | €32,414 | €14,457 | €23,451 | €19,373 | €27,622 | ▲ 42.6% |
| Other amounts receivable41 | - | €2,476 | €2,476 | €2,476 | €3,376 | ▲ 36.3% |
| Cash at bank and in hand54/58 | €146,652 | €123,989 | €103,002 | €103,448 | €101,856 | ▼ 1.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €191,783 | €188,748 | €175,845 | €164,459 | €161,642 | ▼ 1.7% |
| Equity10/15 | €180,217 | €183,247 | €173,544 | €161,382 | €157,154 | ▼ 2.6% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Issued capital100 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €12,859 | €14,859 | €14,859 | €14,859 | €14,859 | = |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Legal reserve130 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Tax-exempt reserves132 | €11,000 | €13,000 | €13,000 | - | - | - |
| Distributable reserves133 | - | - | - | €13,000 | €13,000 | = |
| Profit (loss) carried forward14 | €148,765 | €149,796 | €140,093 | €127,931 | €123,703 | ▼ 3.3% |
| Amounts payable17/49 | €11,566 | €5,501 | €2,301 | €3,077 | €4,488 | ▲ 45.9% |
| Amounts payable within one year42/48 | €11,566 | €5,001 | €2,301 | €3,077 | €4,488 | ▲ 45.9% |
| Trade debts44 | €10,494 | €1,045 | €665 | €1,880 | €1,202 | ▼ 36.1% |
| Suppliers440/4 | €10,494 | €1,045 | €665 | €1,880 | €1,202 | ▼ 36.1% |
| Taxes, remuneration and social security45 | €1,072 | €3,956 | €1,636 | €1,197 | €3,286 | ▲ 175% |
| Taxes450/3 | €1,072 | €1,956 | €1,636 | €1,197 | €3,286 | ▲ 175% |
| Remuneration and social security454/9 | - | €2,000 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | €500 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,644 | €3,030 | -€9,703 | -€12,162 | -€4,228 | ▲ 65.2% |
| + Depreciation and write-downs630 | €2,232 | €4,342 | €7,545 | €9,287 | €7,129 | ▼ 23.2% |
| Operating cash flow (approximation) | €17,876 | €7,372 | -€2,158 | -€2,875 | €2,901 | ▲ 201% |
| Investment in fixed assets (approximation) | - | -€36,906 | €0 | €0 | €0 | ▼ 100% |
| Change in cash | - | -€22,663 | -€20,987 | €446 | -€1,592 | ▼ 457% |
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
08-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 8 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 31 days late
2024
24-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 24 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 64.05
Current ratio from 30.54 to 64.05; short-term debt falls from €5,001 to €2,301.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €15,644 ▲69.6%
Operating result €16,485, net result €15,644, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €9,226
Net result €9,226 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet -€18,777
Net result drops to -€18,777, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Frasnes-lez-Anvaing · 1 establishment unit since 1983
Ground area
372 m²
Building footprint
340 m²
Parcel 51022C0432/00Z000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Route de Lessines(FB) 25, 7911 Frasnes-lez-Anvaing
since 19832.022.324.690
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51022C0432/00Z000 | Wallonia | 372 m² | 1 · 340 m² | - |
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
COM SERVICE
BE 0866.202.575
Geel · Eq €157,024
KEYMOVE
BE 0862.429.374
Boortmeerbeek · Eq €156,896
DCC SYSTEMS
BE 0893.709.302
Sint-Niklaas · Eq €156,800
HyBorne
BE 1016.513.379
Antwerpen · Eq €156,308
LAYER7
BE 0830.063.345
Zedelgem · Eq €156,082
Of 3,223 companies in sector 47400 we hold annual accounts for 1,806. 1,396 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 (pre-2019)
Founded09-05-1983
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0424024711
Registered
01-02-2026
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.