SOCHASA
ActiveSummary
The computed 12-month bankruptcy probability of SOCHASA is 1.6% (moderate). The 2024 annual accounts show equity of €33,221 and a net result of €4,178. Equity is growing by ~21.6% per year across the filed fiscal years. Its solvency ranks better than 82% of 36377 sector peers (fiscal year 2024). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability62▲+14
Solvency100▲+25
Growth52=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days only on tighter terms
Liquidity ample (current ratio 4.27 against 1.99 in 2023; short-term debt: 23.4% and cash: 4.1% of total assets), and 23.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% 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 dateAge against the risk zone
raises risk · 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 2024Solvency, return and age of the figures
Solvency
76.6%
Return on assets
9.6%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-10-2025, 91 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
91 d late
2023
68 d late
2022
71 d late
2021
60 d late
2020
100 d late
2019
43 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 72 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€33,221▲ 14.4%
2023 · €29,044
Total assets
€43,344▼ 25.5%
2023 · €58,214
Net result
€4,178▲ 73.7%
2023 · €2,405
Working capital
€33,071▲ 14.5%
2023 · €28,894
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
Line20202021202220232024
Operating result€4,991▼ 3.8%€11,415▲ 129%€7,216▼ 36.8%€3,147▼ 56.4%€4,842▲ 53.9%
Net result€2,760▼ 10.5%€6,976▲ 153%€6,370▼ 8.7%€2,405▼ 62.2%€4,178▲ 73.7%
Equity€13,292▲ 26.2%€20,269▲ 52.5%€26,639▲ 31.4%€29,044▲ 9.0%€33,221▲ 14.4%
Total assets€22,520▼ 5.5%€28,761▲ 27.7%€37,187▲ 29.3%€58,214▲ 56.5%€43,344▼ 25.5%
Debt€9,228▼ 30.5%€8,492▼ 8.0%€10,548▲ 24.2%€29,170▲ 177%€10,122▼ 65.3%
Working capital€13,142▲ 26.6%€20,119▲ 53.1%€26,489▲ 31.7%€28,894▲ 9.1%€33,071▲ 14.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 54% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €43,344
Fixed assets
€150 =
Current assets
€43,194 ▼ 25.6%
Equity and liabilities €43,344
Equity
€33,221 ▲ 14.4%
Debt
€10,122 ▼ 65.3%
Debt's share of the balance-sheet total falls from 50.1% to 23.4%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
4.27▲
2023 · 1.99
Quick ratio
4.04▲
2023 · 1.95
Debt to equity
0.30▼
2023 · 1.00
ROE
12.6%▲
2023 · 8.3%
ROA
9.6%▲
2023 · 4.1%
Debt ≤ 1 year
€10,122▼
2023 · €29,170
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €27 | - | - | - | - |
| Gross operating margin9900 | €4,991 | €11,442 | €7,216 | €3,147 | €4,842 | ▲ 53.9% |
| Operating profit (loss)9901 | €4,991 | €11,415 | €7,216 | €3,147 | €4,842 | ▲ 53.9% |
| Financial charges65/66B | - | €754 | €846 | €742 | €664 | ▼ 10.5% |
| Recurring financial charges65 | €1,182 | €754 | €846 | €742 | €664 | ▼ 10.5% |
| Profit (loss) for the period before taxes9903 | €3,810 | €10,661 | €6,370 | €2,405 | €4,178 | ▲ 73.7% |
| Income taxes67/77 | €1,050 | €3,685 | - | - | - | - |
| Profit (loss) for the period9904 | €2,760 | €6,976 | €6,370 | €2,405 | €4,178 | ▲ 73.7% |
| Profit (loss) for the period to be appropriated9905 | €2,760 | €6,976 | €6,370 | €2,405 | €4,178 | ▲ 73.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €22,520 | €28,761 | €37,187 | €58,214 | €43,344 | ▼ 25.5% |
| Fixed assets21/28 | €150 | €150 | €150 | €150 | €150 | = |
| Financial fixed assets28 | €150 | €150 | €150 | €150 | €150 | = |
| Current assets29/58 | €22,370 | €28,611 | €37,037 | €58,064 | €43,194 | ▼ 25.6% |
| Stocks and contracts in progress3 | €1,550 | €1,550 | €1,300 | €1,300 | €2,250 | ▲ 73.1% |
| Stocks30/36 | - | €1,550 | €1,300 | €1,300 | €2,250 | ▲ 73.1% |
| Amounts receivable within one year40/41 | €19,700 | €27,061 | €34,512 | €45,871 | €39,179 | ▼ 14.6% |
| Trade receivables40 | - | €5,587 | €7,920 | €7,541 | - | - |
| Other amounts receivable41 | - | €21,474 | €26,592 | €38,330 | €39,179 | ▲ 2.2% |
| Cash at bank and in hand54/58 | €1,120 | - | €1,225 | €10,893 | €1,764 | ▼ 83.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €22,520 | €28,761 | €37,187 | €58,214 | €43,344 | ▼ 25.5% |
| Equity10/15 | €13,292 | €20,269 | €26,639 | €29,044 | €33,221 | ▲ 14.4% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Outside capital11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Other1109/19 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €267 | €267 | €267 | €267 | €267 | = |
| Non-distributable reserves130/1 | - | €267 | €267 | €267 | €267 | = |
| Reserves not available under the articles1311 | - | €267 | €267 | €267 | €267 | = |
| Profit (loss) carried forward14 | €6,825 | €13,801 | €20,171 | €22,576 | €26,754 | ▲ 18.5% |
| Amounts payable17/49 | €9,228 | €8,492 | €10,548 | €29,170 | €10,122 | ▼ 65.3% |
| Amounts payable within one year42/48 | €9,228 | €8,492 | €10,548 | €29,170 | €10,122 | ▼ 65.3% |
| Financial debts43 | - | - | - | - | €3,872 | - |
| Credit institutions430/8 | - | - | - | - | €3,872 | - |
| Trade debts44 | €993 | €773 | €2,829 | €17,781 | €443 | ▼ 97.5% |
| Suppliers440/4 | - | €773 | €2,829 | €17,781 | €443 | ▼ 97.5% |
| Taxes, remuneration and social security45 | - | €7,719 | €7,719 | €11,389 | €5,808 | ▼ 49.0% |
| Taxes450/3 | - | €7,719 | €7,719 | €11,389 | €5,808 | ▼ 49.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,760 | €6,976 | €6,370 | €2,405 | €4,178 | ▲ 73.7% |
| Operating cash flow (approximation) | €2,760 | €6,976 | €6,370 | €2,405 | €4,178 | ▲ 73.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | - | - | €9,668 | -€9,129 | ▼ 194% |
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
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 91 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 4.27
Current ratio from 1.99 to 4.27; short-term debt falls from €29,170 to €10,122.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-12
Financial
Weakest financial yearnet €2,405 ▼62.2%
Net result drops to €2,405, the lowest in the series; recovery starts the following year.
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
31-12
Financial
Highest result since 2018net €6,976 ▲153%
Operating result €11,415, net result €6,976, both a record.
08-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 100 days late
2020
12-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 43 days late
2019
09-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 40 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
08-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 39 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Brussel · 1 establishment unit since 2006
Ground area
165 m²
Building footprint
96 m²
Volume, LiDAR
1,302 m³
Parcel 21806F0060/00X007, Brussels · tallest building 18.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
STEENACKER Henri
since 20062.156.152.622
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21806F0060/00X007 | Brussels | 164 m² | 1 · 95 m² | 18.4 m · 5 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.
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,416. 5,771 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
Founded28-08-2006
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Contact
Phone
02/734.29.06Brussel
Scores and ratios are computed by Checked and are not a credit decision.