Socimo
The computed 12-month bankruptcy probability of Socimo is 0.1% (very low). The 2024 annual accounts show equity of €580k and a net result of €9k. Equity is shrinking by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 4907 sector peers (fiscal year 2024). The company has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €580k |
| Net result | €9k |
| Better than sector | 95% |
| Active | 44 yrs |
Strong profile, led by solvency.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 96.9% | 16.7% | |
| Net result | €9k | €2k | |
| Equity | €580k | €27k | |
| Gross operating margin | €24k | €27k | |
| Total assets | €598k | €301k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €15k |
| Net profit | €9k |
| Cash flow | €25k |
| Staff costs | - |
| Income taxes | €927 |
| Dividends | - |
| Total assets | €598k |
| Equity | €580k |
| Debt | €7k |
| of which ≤ 1y | €1k |
| of which > 1y | €4k |
| Working capital | €79k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 79.56 |
| Quick ratio | 79.56 |
| Working capital ratio | 13.3% |
| Solvency | 96.9% |
| Debt / equity | 0.01 |
| Long-term debt ratio | 0.01 |
| Interest coverage | -13.79 |
| Gross margin | - |
| Net margin | - |
| ROA | 1.5% |
| ROE | 1.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €598k |
| Fixed assets | 21/28 | €518k |
| Tangible fixed assets | 22/27 | €518k |
| Current assets | 29/58 | €80k |
| Investments | 50/53 | €47k |
| Cash & bank | 54/58 | €31k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €598k |
| Equity | 10/15 | €580k |
| Contributions / capital | 10/11 | €175k |
| Reserves | 13 | €193k |
| Accumulated profits (losses) | 14 | €211k |
| Provisions & deferred taxes | 16 | €12k |
| Amounts payable | 17/49 | €7k |
| Amounts payable after one year | 17 | €4k |
| Amounts payable within one year | 42/48 | €1k |
| Trade debts payable within one year | 44 | €674 |
| Income statement | ||
| Gross operating margin | 9900 | €24k |
| Operating result | 9901 | €-753 |
| Financial income | 75 | €9k |
| Financial charges | 65 | €-1k |
| Result before taxes | 9903 | €10k |
| Income taxes | 67/77 | €927 |
| Net result for the period | 9904 | €9k |
| Result to be appropriated | 9905 | €9k |
| NACE primary | Real estate activities(68201) |
| Legal form | Public limited company(014) |
| Incorporation | 04-11-1981 |
| Status | Active |
| Postal code | 8300 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31332E1141/00H000 | Flanders | 1,437 m² | 1 · 174 m² | 9.2 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
27-12-2024 Registered office moved from Sint-Genesius-Rode to Knokke-Heist
- Vredelaan 46 - 1640 Sint-Genesius-Rode → Maurice Maeterlincklaan 21 8300 Knokke-Heist
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Maurice Maeterlincklaan 21\n8300 Knokke-Heist",
"city": "Knokke-Heist",
"region": "vlaams_gewest",
"street": "Maurice Maeterlincklaan",
"country": "BE",
"postcode": "8300",
"box_number": null,
"street_number": "21",
"locality_suffix": null
},
"old_address": {
"raw": "Vredelaan 46 - 1640 Sint-Genesius-Rode",
"city": "Sint-Genesius-Rode",
"region": "vlaams_gewest",
"street": "Vredelaan",
"country": "BE",
"postcode": "1640",
"box_number": null,
"street_number": "46",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": null,
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-12-27",
"filing_date": "2024-12-17",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2024-12-16",
"unanimous": null
},
"subject_company": {
"kbo": "0422.061.747",
"name_full": "Socimo",
"legal_form": "NV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "J. Jordens",
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"Annexes du Monite\u00FCr belge"
]
}27-01-2022 Capital decrease of €270,000 to €175,000
- €445.000 → €175.000
Technical details
{
"events": [
{
"kind": "capital_decrease",
"after_eur": 175000.0,
"delta_eur": -270000.0,
"before_eur": 445000.0,
"decrease_purpose": "distribution_to_shareholders",
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": 150.84,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": "Jean Didier Gyselinck",
"firm_city": null,
"firm_name": null,
"office_city": "Brussel",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-01-27",
"filing_date": "2022-01-09",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "algemene_vergadering",
"act_date": "2021-12-23",
"unanimous": null,
"under_authorized_capital": true,
"underlying_resolution_date": null
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0422.061.747",
"name_full": "SOCIMO",
"legal_form": "Naamloze vennootschap",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"verslag van de Raad van Bestuur",
"volmachten"
],
"shareholders_after": [],
"share_classes_after": [
{
"n_shares": 1790,
"class_name": "Aandelen",
"capital_share_eur": 175000.0,
"voting_rights_per_share": 1.0
}
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Socimo |