SOCIGA
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 15-06-2026 at the NBB all 37 filings
Every figure per financial year
The operating result for 2025 is 2% higher than in 2024 and the highest since 2018. It is the fourth rise in a row, after the fall in 2021.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €81,364 | €81,364 | €81,364 | €81,364 | €66,354 | €1,868 | - | - | - |
| Other operating charges640/8 | €1,717 | - | - | €36,119 | €35,991 | €39,453 | €41,021 | €42,309 | ▲ 3.1% |
| Gross operating margin9900 | €476,453 | €510,645 | €481,694 | €437,275 | €529,133 | €580,098 | €591,738 | €603,621 | ▲ 2.0% |
| Operating profit (loss)9901 | €393,372 | €395,731 | €366,297 | €319,793 | €426,789 | €538,777 | €550,718 | €561,312 | ▲ 1.9% |
| Financial income75/76B | €1,754 | - | - | - | - | €2,843 | €37,632 | €53,485 | ▲ 42.1% |
| Recurring financial income75 | €1,754 | - | - | - | - | €2,843 | €37,632 | €53,485 | ▲ 42.1% |
| Financial charges65/66B | €6 | - | - | €1,171 | €763 | €757 | €546 | €282 | ▼ 48.3% |
| Recurring financial charges65 | €6 | €366 | €174 | €1,171 | €763 | €757 | €546 | €282 | ▼ 48.3% |
| Profit (loss) for the period before taxes9903 | €395,120 | €395,364 | €366,122 | €318,622 | €426,026 | €540,863 | €587,804 | €614,515 | ▲ 4.5% |
| Income taxes67/77 | €93,925 | €93,942 | €118,264 | €101,211 | €135,322 | €172,149 | €187,028 | €195,624 | ▲ 4.6% |
| Profit (loss) for the period9904 | €301,195 | €301,422 | €247,859 | €217,411 | €290,704 | €368,715 | €400,775 | €418,892 | ▲ 4.5% |
| Profit (loss) for the period to be appropriated9905 | €301,195 | €301,422 | €247,859 | €217,411 | €290,704 | €368,715 | €400,775 | €418,892 | ▲ 4.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.8m | €1.0m | €1.3m | €1.5m | €1.8m | €2.2m | €2.5m | €2.9m | ▲ 16.3% |
| Fixed assets21/28 | €0.4m | €0.3m | €0.2m | €0.1m | €0.05m | €0.04m | €0.04m | €0.04m | = |
| Tangible fixed assets22/27 | €0.4m | €0.3m | €0.2m | €0.1m | €0.05m | €0.04m | €0.04m | €0.04m | = |
| Land and buildings22 | €0.4m | - | - | €0.1m | €0.05m | €0.04m | €0.04m | €0.04m | = |
| Current assets29/58 | €0.4m | €0.8m | €1.1m | €1.4m | €1.7m | €2.1m | €2.5m | €2.9m | ▲ 16.6% |
| Amounts receivable within one year40/41 | €0.06m | €0.08m | €0.006m | - | - | - | - | €422 | - |
| Other amounts receivable41 | €0.06m | - | - | - | - | - | - | €422 | - |
| Current investments50/53 | - | - | - | - | - | - | €2.5m | €2.9m | ▲ 15.7% |
| Cash at bank and in hand54/58 | €0.4m | €0.7m | €1.1m | €1.4m | €1.7m | €2.1m | €0.009m | €0.03m | ▲ 247% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.8m | €1.0m | €1.3m | €1.5m | €1.8m | €2.2m | €2.5m | €2.9m | ▲ 16.3% |
| Equity10/15 | €0.7m | €1.0m | €1.2m | €1.5m | €1.8m | €2.1m | €2.5m | €2.9m | ▲ 16.6% |
| Contributions10/11 | €0.2m | €0.2m | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Capital10 | €0.2m | - | - | - | - | - | - | - | - |
| Issued capital100 | €0.2m | - | - | - | - | - | - | - | - |
| Reserves13 | €0.01m | €0.01m | €0.3m | €0.5m | €0.8m | €1.1m | €1.5m | €2.0m | ▲ 27.2% |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Legal reserve130 | €0.01m | - | - | - | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Tax-exempt reserves132 | €0.001m | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Distributable reserves133 | - | - | - | €0.5m | €0.8m | €1.1m | €1.5m | €1.9m | ▲ 27.5% |
| Profit (loss) carried forward14 | €0.5m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Amounts payable17/49 | €0.05m | €0.05m | €0.03m | €0.04m | €0.02m | €0.03m | €0.006m | - | - |
| Amounts payable within one year42/48 | €0.05m | €0.05m | €0.03m | €0.001m | €0.02m | €0.01m | €0.006m | - | - |
| Trade debts44 | - | - | - | - | - | €82 | - | - | - |
| Suppliers440/4 | - | - | - | - | - | €82 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.001m | €0.02m | €0.01m | €0.006m | - | - |
| Taxes450/3 | - | - | - | €0.001m | €0.02m | €0.01m | €0.006m | - | - |
| Other amounts payable47/48 | €0.05m | - | - | - | - | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.04m | - | €0.02m | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.3m | €0.3m | €0.2m | €0.2m | €0.3m | €0.4m | €0.4m | €0.4m | ▲ 4.5% |
| + Depreciation and write-downs630 | €0.08m | €0.08m | €0.08m | €0.08m | €0.07m | €0.002m | - | - | - |
| Operating cash flow (approximation) | €0.4m | €0.4m | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 4.5% |
| Investment in fixed assets (approximation) | - | -€0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €0.3m | €0.4m | €0.3m | €0.3m | €0.4m | -€2.1m | €0.02m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 20,136 companies had the same profile as SOCIGA has now. Two years later, 95.0% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of SOCIGA itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 20,136 companies, not a prediction for SOCIGA. 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.
Latest 10 of 37 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 15-06-2026 | 2026-00170504 | |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00419564 | |
| 31-12-2023 | micro format | 23-08-2024 | 2024-00362498 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00374609 | |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20344341 | |
| 31-12-2020 | micro format | 24-08-2021 | 2021-51800069 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-46900076 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-55300073 | |
| 31-12-2017 | micro format | 20-08-2018 | 2018-46900343 | |
| 31-12-2016 | micro format | 25-08-2017 | 2017-47100282 |