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SOCCIM

Active
Public limited companyfounded 199432 yrs activePlace de Thieusies 9, 7061 Soignies, BelgiumKBO/BCE: BE 0452.606.651
Summary

SOCCIM has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.6m and a net result of €462,956. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 90% of 1295 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability87▲+5
Solvency100=
Growth70=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70,000 at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.32 in 2023; short-term debt: 14.6% and cash: 8.8% of total assets), and 23.4% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · 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
highest failure risk from 2 to 8 years 32 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
76.6%
Return on assets
9.9%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-06-2026, 36 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
36 d early
2024
120 d early
2023
12 d late
2022
18 d early
2021
87 d early
2020
1 d early
2019
122 d early
← 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 53 days before 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. Usually files around 25 June (4 of the last 5 filed years within 51 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

SOCCIM was incorporated on 20 April 1994.1 Revenue grew from EUR 476,440 in 2018 to EUR 712,664 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Turnover
€712,664▲ 16.0%
2022 · €614,390
EBIT margin
77.6%▲ 11.7pp
2022 · 65.9%
Net result
€462,956▼ 5.1%
2023 · €487,585
Working capital
€238,555▲ 23.7%
2023 · €192,830
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, 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
Line20202021202220232024
Turnover€510,000▲ 2.7%€614,390€712,664
Operating result€354,789▲ 33.3%€409,211▲ 15.3%€404,887▼ 1.1%€464,583▲ 14.7%€552,942▲ 19.0%
Net result€260,427above the sector's middle half▲ 43.6%€301,255above the sector's middle half▲ 15.7%€304,891above the sector's middle half▲ 1.2%€487,585above the sector's middle half▲ 59.9%€462,956above the sector's middle half▼ 5.1%
EBIT margin69.6%▲ 16.0pp65.9%77.6%
Equity€3.3mabove the sector's middle half▲ 0.4%€3.3mabove the sector's middle half▲ 1.6%€3.3mabove the sector's middle half▲ 0.1%€3.5mabove the sector's middle half▲ 5.6%€3.6mabove the sector's middle half▲ 1.8%
Total assets€4.7mabove the sector's middle half▼ 3.1%€4.9mabove the sector's middle half▲ 4.4%€4.7mwithin the sector's middle half▼ 4.2%€4.7mabove the sector's middle half▲ 1.3%€4.7mwithin the sector's middle half▼ 0.8%
Debt€1.4m▼ 10.4%€1.5m▲ 11.3%€1.3m▼ 13.8%€1.2m▼ 9.8%€1.1m▼ 8.4%
Working capital€222,134within the sector's middle half▼ 12.7%€29,827within the sector's middle half▼ 86.6%€89,302within the sector's middle half▲ 199%€192,830above the sector's middle half▲ 116%€238,555within the sector's middle half▲ 23.7%
Solvency70.4%above the sector's middle half▲ 2.5pp68.5%above the sector's middle half▼ 1.9pp71.6%above the sector's middle half▲ 3.1pp74.7%above the sector's middle half▲ 3.1pp76.6%above the sector's middle half▲ 1.9pp
Current ratio1.42within the sector's middle half▼ 0.111.04within the sector's middle half▼ 0.381.15within the sector's middle half▲ 0.111.32within the sector's middle half▲ 0.171.35within the sector's middle half▲ 0.03
Return on assets (ROA)5.6%within the sector's middle half▲ 1.8pp6.2%within the sector's middle half▲ 0.6pp6.5%within the sector's middle half▲ 0.3pp10.3%within the sector's middle half▲ 3.8pp9.9%within the sector's middle half▼ 0.4pp
above within below the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
  • 2023 Net result +60% on 2022. The accounts now follow the micro schema, last year the full schema.
Result per fiscal year
Operating resultNet result
€0€200,000€400,000€600,000Operating result 2020: €354,789€354,789Net result 2020: €260,427€260,427Operating result 2021: €409,211€409,211Net result 2021: €301,255€301,255Operating result 2022: €404,887€404,887Net result 2022: €304,891€304,891Operating result 2023: €464,583€464,583Net result 2023: €487,585€487,585Operating result 2024: €552,942€552,942Net result 2024: €462,956€462,95620202021202220232024€0€200,000€400,000€600,000Operating result 2022: €404,887€405,000Net result 2022: €304,891€305,000Operating result 2023: €464,583€465,000Net result 2023: €487,585€488,000Operating result 2024: €552,942€553,000Net result 2024: €462,956€463,000202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 19% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.7m
Fixed assets €3.8m ▼ 4.2%
Current assets €923,909 ▲ 16.0%
Equity and liabilities €4.7m
Equity €3.6m ▲ 1.8%
Provisions €18,784 ▼ 3.6%
Debt €1.1m ▼ 8.4%
Debt's share of the balance-sheet total falls from 24.9% to 23.0%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€713,762▲
2023 · €677,500
Cash flow
€623,776▼
2023 · €700,503
Debt to equity
0.30▼
2023 · 0.33
ROE
12.9%▼
2023 · 13.8%
Interest coverage
65.16▲
2023 · 49.62
Debt ≤ 1 year
€685,355▲
2023 · €603,726
Debt > 1 year
€396,190▼
2023 · €577,517
Income taxes
€138,354▲
2023 · €114,167
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 71 lines
Balance sheet Code20232024
Assets
Total assets20/58€4.7m€4.7m▼
Fixed assets21/28€3.9m€3.8m▼
Tangible fixed assets22/27€1.4m€1.2m▼
Land and buildings22€1.1m€1.1m▼
Plant, machinery and equipment23€294,213€166,108▼
Furniture and vehicles24€956€75▼
Financial fixed assets28€2.5m€2.5m▼
Affiliated companies280/1-€2.5m
Participating interests280-€2.5m
Other financial fixed assets284/8-€41,196
Amounts receivable and cash guarantees285/8-€41,196
Current assets29/58€796,556€923,909▲
Amounts receivable within one year40/41€319,450€502,522▲
Trade receivables40€139,902€163,882▲
Other amounts receivable41€179,548€338,640▲
Cash at bank and in hand54/58€474,271€413,274▼
Deferred charges and accrued income490/1€2,835€8,113▲
Equity and liabilities
Total equity and liabilities10/49€4.7m€4.7m▼
Equity10/15€3.5m€3.6m▲
Contributions10/11€1.7m€1.7m=
Capital10€1.7m€1.7m=
Issued capital100€1.7m€1.7m=
Reserves13€224,658€222,552▼
Non-distributable reserves130/1€166,200€166,200=
Legal reserve130€166,200€166,200=
Tax-exempt reserves132€58,458€56,352▼
Profit (loss) carried forward14€1.6m€1.7m▲
Provisions and deferred taxes16€19,486€18,784▼
Deferred taxes168€19,486€18,784▼
Amounts payable17/49€1.2m€1.1m▼
Amounts payable after more than one year17€577,517€396,190▼
Financial debts170/4€577,517€396,190▼
Credit institutions173-€396,190
Amounts payable within one year42/48€603,726€685,355▲
Current portion of amounts payable after more than one year42€211,940€181,328▼
Financial debts43€42,149€42,182▲
Credit institutions430/8€42,149€42,182▲
Trade debts44€15,218€8,947▼
Suppliers440/4€15,218€8,947▼
Taxes, remuneration and social security45€34,419€52,898▲
Taxes450/3€34,419€52,898▲
Other amounts payable47/48€300,000€400,000▲
Income statement Code20232024
Operating income70/76A-€796,002
Turnover70-€712,664
Other operating income74-€83,338
Operating charges60/66A-€243,060
Services and other goods61-€73,039
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€212,918€160,820▼
Other operating charges640/8€8,616€9,201▲
Gross operating margin9900€686,117-
Operating profit (loss)9901€464,583€552,942▲
Financial income75/76B€150,122€60,732▼
Recurring financial income75€150,122€60,732▼
Income from financial fixed assets750-€50,000
Income from current assets751-€10,732
Other financial income752/9-€0
Financial charges65/66B€13,654€13,066▼
Recurring financial charges65€13,654€13,066▼
Debt charges650-€10,953
Other financial charges652/9-€2,113
Profit (loss) for the period before taxes9903€601,050€600,608▼
Transfer from deferred taxes780€702€702=
Income taxes67/77€114,167€138,354▲
Taxes670/3-€138,354
Profit (loss) for the period9904€487,585€462,956▼
Transfer from tax-exempt reserves789€2,107€2,107=
Profit (loss) for the period to be appropriated9905€489,692€465,063▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.9m€2.1m▲
Profit (loss) brought forward from the previous period14P€1.5m€1.6m▲
Profit to be distributed694/7€300,000€400,000▲
Return on contributions (dividend)694€300,000€400,000▲

The notes to these accounts (33 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Operating income70/76A--€681,192-€796,002-
Turnover70€510,000-€614,390-€712,664-
Other operating income74--€66,802-€83,338-
Non-recurring operating income76A-€10,250----
Operating charges60/66A--€276,305-€243,060-
Services and other goods61--€90,105-€73,039-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€160,032€144,038€179,600€212,918€160,820▼ 24.5%
Other operating charges640/8-€5,886€6,601€8,616€9,201▲ 6.8%
Gross operating margin9900-€559,135-€686,117--
Operating profit (loss)9901€354,789€409,211€404,887€464,583€552,942▲ 19.0%
Financial income75/76B-€4,346€12,150€150,122€60,732▼ 59.5%
Recurring financial income75€4,301€4,346€12,150€150,122€60,732▼ 59.5%
Income from financial fixed assets750----€50,000-
Income from current assets751--€12,150-€10,732-
Other financial income752/9--€0-€0-
Financial charges65/66B-€11,667€11,154€13,654€13,066▼ 4.3%
Recurring financial charges65€11,563€11,667€11,154€13,654€13,066▼ 4.3%
Debt charges650€10,895-€9,930-€10,953-
Other financial charges652/9--€1,223-€2,113-
Profit (loss) for the period before taxes9903€347,526€401,889€405,883€601,050€600,608▼ 0.1%
Transfer from deferred taxes780-€702€702€702€702=
Income taxes67/77€87,802€101,337€101,695€114,167€138,354▲ 21.2%
Taxes670/3--€101,695-€138,354-
Profit (loss) for the period9904€260,427€301,255€304,891€487,585€462,956▼ 5.1%
Transfer from tax-exempt reserves789-€2,107€2,107€2,107€2,107=
Profit (loss) for the period to be appropriated9905€262,533€303,361€306,997€489,692€465,063▼ 5.0%
Line20202021202220232024Change
Assets
Total assets20/58€4.7m€4.9m€4.7m€4.7m€4.7m▼ 0.8%
Fixed assets21/28€3.9m€4.2m€4.0m€3.9m€3.8m▼ 4.2%
Tangible fixed assets22/27€1.4m€1.7m€1.5m€1.4m€1.2m▼ 11.5%
Land and buildings22-€1.1m€1.1m€1.1m€1.1m▼ 2.8%
Plant, machinery and equipment23-€407,655€298,232€294,213€166,108▼ 43.5%
Furniture and vehicles24-€3,806€2,128€956€75▼ 92.2%
Leasing and similar rights25-€107,087€69,854---
Financial fixed assets28€2.5m€2.5m€2.5m€2.5m€2.5m▼ 0.2%
Affiliated companies280/1--€2.5m-€2.5m-
Participating interests280--€2.5m-€2.5m-
Other financial fixed assets284/8----€41,196-
Amounts receivable and cash guarantees285/8----€41,196-
Current assets29/58€752,601€719,121€679,253€796,556€923,909▲ 16.0%
Amounts receivable within one year40/41€595,129€562,907€231,339€319,450€502,522▲ 57.3%
Trade receivables40-€121,467€140,189€139,902€163,882▲ 17.1%
Other amounts receivable41-€441,440€91,150€179,548€338,640▲ 88.6%
Cash at bank and in hand54/58€157,264€145,898€447,705€474,271€413,274▼ 12.9%
Deferred charges and accrued income490/1-€10,316€209€2,835€8,113▲ 186%
Equity and liabilities
Total equity and liabilities10/49€4.7m€4.9m€4.7m€4.7m€4.7m▼ 0.8%
Equity10/15€3.3m€3.3m€3.3m€3.5m€3.6m▲ 1.8%
Contributions10/11€1.7m€1.7m€1.7m€1.7m€1.7m=
Capital10-€1.7m€1.7m€1.7m€1.7m=
Issued capital100-€1.7m€1.7m€1.7m€1.7m=
Reserves13€230,978€228,871€226,765€224,658€222,552▼ 0.9%
Non-distributable reserves130/1-€166,200€166,200€166,200€166,200=
Legal reserve130-€166,200€166,200€166,200€166,200=
Tax-exempt reserves132-€62,671€60,565€58,458€56,352▼ 3.6%
Profit (loss) carried forward14€1.4m€1.5m€1.5m€1.6m€1.7m▲ 3.9%
Provisions and deferred taxes16€21,593€20,890€20,188€19,486€18,784▼ 3.6%
Deferred taxes168-€20,890€20,188€19,486€18,784▼ 3.6%
Amounts payable17/49€1.4m€1.5m€1.3m€1.2m€1.1m▼ 8.4%
Amounts payable after more than one year17€834,495€829,995€719,239€577,517€396,190▼ 31.4%
Financial debts170/4-€829,995€719,239€577,517€396,190▼ 31.4%
Credit institutions173--€719,239-€396,190-
Amounts payable within one year42/48€530,467€689,295€589,950€603,726€685,355▲ 13.5%
Current portion of amounts payable after more than one year42-€235,404€207,078€211,940€181,328▼ 14.4%
Financial debts43-€33,377€33,382€42,149€42,182▲ 0.1%
Credit institutions430/8-€33,377€33,382€42,149€42,182▲ 0.1%
Trade debts44€8,531€156,601€11,670€15,218€8,947▼ 41.2%
Suppliers440/4-€156,601€11,670€15,218€8,947▼ 41.2%
Taxes, remuneration and social security45-€8,125€31,987€34,419€52,898▲ 53.7%
Taxes450/3-€8,125€31,987€34,419€52,898▲ 53.7%
Other amounts payable47/48-€255,788€305,833€300,000€400,000▲ 33.3%
Line20202021202220232024Change
Profit (loss) for the period9904€260,427€301,255€304,891€487,585€462,956▼ 5.1%
+ Depreciation and write-downs630€160,032€144,038€179,600€212,918€160,820▼ 24.5%
Operating cash flow (approximation)€420,459€445,292€484,490€700,503€623,776▼ 11.0%
Investment in fixed assets (approximation)--€382,397-€13,556-€154,552€3,978▲ 103%
Change in cash--€11,366€301,806€26,566-€60,997▼ 330%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
25-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
20-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema
02-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
12-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
31-12
Financial Highest result since 2018net €487,585 ▲59.9%
Net result €487,585, the highest in the series.
13-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
05-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-03
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Weakest financial yearnet €181,342 ▼31.2%
Net result drops to €181,342, the lowest in the series; recovery starts the following year.
04-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
20-06
NBB filing Annual accounts filed
fiscal year 2017 · full 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, Soignies · 1 establishment unit since 1999
seat establishment The establishment unit on the map
Ground area
756 m²
Building footprint
142 m²
Volume, LiDAR
1,074 m³
Parcel 55044D0169/00C000, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Place de Thieusies 9, 7061 Soignies
Insurance, reinsurance and pension funding, except compulsory social security
since 19992.067.108.107
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55044D0169/00C000 Wallonia 756 m² 1 · 142 m² 10.0 m · 3 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.

Structure & network

Owners and holdings

1 holding · 6 subsidiaries in the tree

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 1

All subsidiaries, including indirect ones 6

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the 2024 annual accounts of SOCCIM and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 29,785 companies in sector 41001 we hold annual accounts for 16,058. 2,597 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded20-04-1994
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
42911Civil engineering
46190Agents in non-specialised wholesale trade
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID 0208:0452606651
Registered 27-11-2025

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

Register as of 29 September 2026 · Peppol Directory

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