SOCODITRA
ActiveSummary
SOCODITRA has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €665k and a net result of €8k. Equity is growing by ~50% per year across the filed fiscal years. Its solvency ranks better than 18% of 651 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability54▼-21
Solvency37▼-6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.08 in 2023; short-term debt: 71.2% and cash: 0.8% of total assets), and 88% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 651 sector peers (2024).
NBB · sector comparisonPosition among 651 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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
not confirmed
2024
29 d late
2023
28 d late
2022
30 d late
2021
30 d late
2019
97 d late
2018
28 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
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 Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Is this a good employer? Staff, turnover and training against the sector.Employer check
Financials · fiscal year 2024, full schema
In the rankings
#5 company by total assets in Burdinne
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€8k▼ 95.0%
2023 · €165k
Working capital
€292k▲ 36.1%
2023 · €214k
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
Line20192021202220232024
Operating result€-49k€221k-€526k▲ 138%€252k▼ 52.1%€97k▼ 61.4%
Net result€-96k€193k-€476k▲ 147%€165k▼ 65.3%€8k▼ 95.0%
Equity€-20k▲ 81.6%€15k-€491k▲ 3,137%€657k▲ 33.7%€665k▲ 1.2%
Total assets€2.31M▲ 28.2%€2.35M-€3.25M▲ 38.2%€3.58M▲ 10.0%€5.54M▲ 54.8%
Debt€2.33M▲ 21.9%€2.34M-€2.76M▲ 18.1%€2.91M▲ 5.3%€4.86M▲ 67.3%
Working capital€-190k▲ 7.4%€-268k-€-302k▼ 12.5%€214k€292k▲ 36.1%
Staff (FTE)1▲ 233%1.9-1.4▼ 26.3%2▲ 42.9%2=
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 61% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.54M
Fixed assets
€1.30M ▲ 59.3%
Current assets
€4.24M ▲ 53.5%
Equity and liabilities €5.54M
Equity
€665k ▲ 1.2%
Provisions
€12k ▼ 13.0%
Debt
€4.86M ▲ 67.3%
Debt's share of the balance-sheet total rises from 81.2% to 87.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€383k▼
2023 · €500k
Cash flow
€294k▼
2023 · €413k
Current ratio
1.07▼
2023 · 1.08
Quick ratio
0.93▼
2023 · 1.08
Debt to equity
7.31▲
2023 · 4.42
ROE
1.2%▼
2023 · 25.2%
ROA
0.1%▼
2023 · 4.6%
Interest coverage
4.16▼
2023 · 20.03
Debt ≤ 1 year
€3.94M▲
2023 · €2.55M
Debt > 1 year
€915k▲
2023 · €360k
Income taxes
€-1k▼
2023 · €48k
Staff costs
€96k▼
2023 · €97k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €26k | - | €55k | - | - |
| Remuneration, social security and pensions62 | - | €81k | €71k | €97k | €96k | ▼ 2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €105k | €157k | €170k | €248k | €286k | ▲ 15.5% |
| Other operating charges640/8 | - | €5k | €5k | €7k | €5k | ▼ 31.6% |
| Gross operating margin9900 | €94k | €464k | €772k | €604k | €484k | ▼ 19.9% |
| Operating profit (loss)9901 | €-49k | €221k | €526k | €252k | €97k | ▼ 61.4% |
| Financial income75/76B | - | €57 | €1 | €121 | €153 | ▲ 25.9% |
| Recurring financial income75 | €0 | €57 | €1 | €121 | €153 | ▲ 25.9% |
| Financial charges65/66B | - | €28k | €23k | €25k | €92k | ▲ 269% |
| Recurring financial charges65 | €46k | €28k | €23k | €25k | €92k | ▲ 269% |
| Profit (loss) for the period before taxes9903 | €-96k | €193k | €503k | €227k | €5k | ▼ 97.7% |
| Transfer from deferred taxes780 | - | - | - | €110 | €2k | ▲ 1,535% |
| Transfer to deferred taxes680 | - | - | - | €14k | - | - |
| Income taxes67/77 | €0 | - | €27k | €48k | €-1k | ▼ 102% |
| Profit (loss) for the period9904 | €-96k | €193k | €476k | €165k | €8k | ▼ 95.0% |
| Transfer from tax-exempt reserves789 | - | - | - | €329 | €5k | ▲ 1,535% |
| Transfer to tax-exempt reserves689 | - | - | - | €42k | - | - |
| Profit (loss) for the period to be appropriated9905 | €-96k | €193k | €476k | €124k | €14k | ▼ 89.1% |
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.31M | €2.35M | €3.25M | €3.58M | €5.54M | ▲ 54.8% |
| Formation expenses20 | €7k | €2k | - | - | - | - |
| Fixed assets21/28 | €361k | €581k | €994k | €817k | €1.30M | ▲ 59.3% |
| Tangible fixed assets22/27 | €361k | €580k | €994k | €816k | €1.30M | ▲ 59.3% |
| Land and buildings22 | - | - | - | - | €83k | - |
| Plant, machinery and equipment23 | - | €226k | €718k | €618k | €561k | ▼ 9.1% |
| Leasing and similar rights25 | - | €332k | €256k | €181k | €641k | ▲ 254% |
| Other tangible fixed assets26 | - | €22k | €20k | €18k | €15k | ▼ 13.6% |
| Financial fixed assets28 | €300 | €300 | €300 | €300 | €300 | = |
| Current assets29/58 | €1.94M | €1.77M | €2.26M | €2.76M | €4.24M | ▲ 53.5% |
| Stocks and contracts in progress3 | €226k | €51k | €19k | €13k | €555k | ▲ 4,072% |
| Stocks30/36 | - | €51k | €19k | €13k | €555k | ▲ 4,072% |
| Amounts receivable within one year40/41 | €1.63M | €1.67M | €2.18M | €2.67M | €3.59M | ▲ 34.4% |
| Trade receivables40 | - | €1.64M | €2.06M | €2.57M | €3.46M | ▲ 34.4% |
| Other amounts receivable41 | - | €32k | €126k | €98k | €133k | ▲ 35.2% |
| Cash at bank and in hand54/58 | €68k | €19k | €32k | €61k | €42k | ▼ 30.4% |
| Deferred charges and accrued income490/1 | - | €27k | €23k | €13k | €47k | ▲ 274% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.31M | €2.35M | €3.25M | €3.58M | €5.54M | ▲ 54.8% |
| Equity10/15 | €-20k | €15k | €491k | €657k | €665k | ▲ 1.2% |
| Contributions10/11 | €199k | €199k | €199k | €199k | €199k | = |
| Reserves13 | €2k | €2k | €102k | €143k | €138k | ▼ 3.8% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | - | - | - | €41k | €36k | ▼ 13.0% |
| Distributable reserves133 | - | - | €100k | €100k | €100k | = |
| Profit (loss) carried forward14 | €-221k | €-185k | €191k | €315k | €329k | ▲ 4.3% |
| Provisions and deferred taxes16 | - | - | - | €14k | €12k | ▼ 13.0% |
| Deferred taxes168 | - | - | - | €14k | €12k | ▼ 13.0% |
| Amounts payable17/49 | €2.33M | €2.34M | €2.76M | €2.91M | €4.86M | ▲ 67.3% |
| Amounts payable after more than one year17 | €199k | €299k | €201k | €360k | €915k | ▲ 154% |
| Financial debts170/4 | - | €299k | €201k | €360k | €915k | ▲ 154% |
| Amounts payable within one year42/48 | €2.13M | €2.04M | €2.56M | €2.55M | €3.94M | ▲ 55.0% |
| Current portion of amounts payable after more than one year42 | - | €134k | €129k | €716k | €254k | ▼ 64.5% |
| Financial debts43 | - | €400k | €400k | €400k | €1.52M | ▲ 279% |
| Credit institutions430/8 | - | €400k | €400k | €400k | €1.52M | ▲ 279% |
| Trade debts44 | €1.38M | €1.50M | €1.95M | €1.30M | €2.16M | ▲ 66.5% |
| Suppliers440/4 | - | €1.50M | €1.95M | €1.30M | €2.16M | ▲ 66.5% |
| Taxes, remuneration and social security45 | - | €275 | €30k | €69k | €6k | ▼ 91.7% |
| Taxes450/3 | - | - | €27k | €61k | - | - |
| Remuneration and social security454/9 | - | €275 | €3k | €8k | €6k | ▼ 31.0% |
| Other amounts payable47/48 | - | €177 | €50k | €62k | €6k | ▼ 89.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | €1k | - |
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-96k | €193k | €476k | €165k | €8k | ▼ 95.0% |
| + Depreciation and write-downs630 | €105k | €157k | €170k | €248k | €286k | ▲ 15.5% |
| Operating cash flow (approximation) | €9k | €350k | €646k | €413k | €294k | ▼ 28.8% |
| Investment in fixed assets (approximation) | - | - | €-583k | €-70k | €-770k | ▼ 1,003% |
| Change in cash | - | - | €13k | €28k | €-18k | ▼ 165% |
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
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2023
31-12
Financial
Equity above €500kEq €657k ▲33.7%
3 profitable years in a row build equity to €657k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
31-12
Financial
Highest result since 2018net €476k ▲147%
Operating result €526k, net result €476k, both a record.
31-12
Financial
Equity above €200kEq €491k ▲3,137%
2 profitable years in a row build equity to €491k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
31-12
Financial
Back to profitnet €193k
Net result €193k after one loss-making year.
2020
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 97 days late
2019
31-12
Financial
Weakest financial yearnet €-96k
Net result drops to €-96k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 57 days late
Show earlier events
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 24 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Burdinne · 1 establishment unit since 2009
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vieille Ruelle(H) 34210 Burdinne1 establishment unit
SOCODITRA
since 20092.183.546.808
Recognitions · licences · registrations
Food safety, FASFC
1 siteBurdinne2.183.546.808
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Of 4,676 companies in sector 01610 we hold annual accounts for 1,369. 964 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
Founded11-12-2009
Fiscal year end31-12
Activities, NACEBEL 2025
01610Support activities for crop production
49410Freight transport by road
02200Logging
43120Site preparation
43910Bricklaying and masonry work
Scores and ratios are computed by Checked and are not a credit decision.