SOCOGEST
ActiveSummary
SOCOGEST has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €96k and a net result of €65k. Equity is growing by ~35.5% per year across the filed fiscal years. Its solvency ranks better than 47% of 4352 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency72▼-12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.57 against 3.32 in 2023; short-term debt: 43.9% and cash: 11% of total assets), but 53.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-07-2025, 13 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
13 d early
2023
15 d early
2022
31 d late
2021
29 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€96k▼ 5.0%
2023 · €101k
2021: €39klowest in 4 years
2022: €52k▲ +32.3% vs 2021
2023: €101k▲ +95.3% vs 2022highest in 4 years
2024: €96k▼ -5.0% vs 2023
2021 → 2024
Total assets
€204k▲ 20.4%
2023 · €169k
2021: €97klowest in 4 years
2022: €105k▲ +8.1% vs 2021
2023: €169k▲ +61.8% vs 2022
2024: €204k▲ +20.4% vs 2023highest in 4 years
2021 → 2024
Net result
€65k▲ 32.2%
2023 · €49k
2021: €36k
2022: €13k▼ -62.8% vs 2021lowest in 4 years
2023: €49k▲ +267% vs 2022
2024: €65k▲ +32.2% vs 2023highest in 4 years
2021 → 2024
Working capital
€51k▼ 41.0%
2023 · €86k
2021: €27klowest in 4 years
2022: €40k▲ +49.8% vs 2021
2023: €86k▲ +114% vs 2022highest in 4 years
2024: €51k▼ -41.0% vs 2023
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€39k-€52k▲ 32.3%€101k▲ 95.3%€96k▼ 5.0%
2021: €39klowest in 4 years
2022: €52k▲ +32.3% vs 2021
2023: €101k▲ +95.3% vs 2022highest in 4 years
2024: €96k▼ -5.0% vs 2023
Operating result€48k-€16k▼ 66.7%€63k▲ 290%€83k▲ 31.2%
2021: €48k
2022: €16k▼ -66.7% vs 2021lowest in 4 years
2023: €63k▲ +290% vs 2022
2024: €83k▲ +31.2% vs 2023highest in 4 years
Net result€36k-€13k▼ 62.8%€49k▲ 267%€65k▲ 32.2%
2021: €36k
2022: €13k▼ -62.8% vs 2021lowest in 4 years
2023: €49k▲ +267% vs 2022
2024: €65k▲ +32.2% vs 2023highest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 31% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €204k
Fixed assets
€64k ▲ 37.5%
Current assets
€140k ▲ 13.9%
Equity and liabilities €204k
Equity
€96k ▼ 5.0%
Debt
€108k ▲ 57.6%
Debt's share of the balance-sheet total rises from 40.6% to 53.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€99k▲
2023 · €76k
Cash flow
€81k▲
2023 · €62k
Current ratio
1.57▼
2023 · 3.32
Debt to equity
1.13▲
2023 · 0.68
ROE
67.9%▲
2023 · 48.8%
ROA
31.9%▲
2023 · 29.0%
Interest coverage
37.44▼
2023 · 47.09
Debt ≤ 1 year
€89k▲
2023 · €37k
Debt > 1 year
€19k▼
2023 · €32k
Income taxes
€19k▲
2023 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€169k€204k▲
Fixed assets21/28€46k€64k▲
Tangible fixed assets22/27€46k€64k▲
Plant, machinery and equipment23€80€3k▲
Furniture and vehicles24€46k€40k▼
Other tangible fixed assets26-€21k
Current assets29/58€123k€140k▲
Amounts receivable within one year40/41€78k€116k▲
Trade receivables40€12k€20k▲
Other amounts receivable41€67k€97k▲
Cash at bank and in hand54/58€43k€22k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€169k€204k▲
Equity10/15€101k€96k▼
Contributions10/11€3k€3k=
Reserves13-€93k
Distributable reserves133-€93k
Profit (loss) carried forward14€98k€0▼
Amounts payable17/49€69k€108k▲
Amounts payable after more than one year17€32k€19k▼
Financial debts170/4€32k€19k▼
Amounts payable within one year42/48€37k€89k▲
Current portion of amounts payable after more than one year42€13k€13k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€7€397▲
Suppliers440/4€7€397▲
Taxes, remuneration and social security45€24k€17k▼
Taxes450/3€24k€17k▼
Remuneration and social security454/9€0€0=
Other amounts payable47/48€0€60k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€16k▲
Other operating charges640/8€507€2k▲
Gross operating margin9900€76k€101k▲
Operating profit (loss)9901€63k€83k▲
Financial income75/76B€2k€4k▲
Recurring financial income75€2k€4k▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€63k€84k▲
Income taxes67/77€14k€19k▲
Profit (loss) for the period9904€49k€65k▲
Profit (loss) for the period to be appropriated9905€49k€65k▲
Appropriation of the result
Profit (loss) to be appropriated9906€98k€163k▲
Profit (loss) brought forward from the previous period14P€49k€98k▲
Transfer to equity691/2-€93k
To other reserves6921-€93k
Profit to be distributed694/7-€70k
Return on contributions (dividend)694-€70k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €13k | €13k | €16k | ▲ 28.0% |
| Other operating charges640/8 | €3k | €1k | €507 | €2k | ▲ 312% |
| Gross operating margin9900 | €59k | €30k | €76k | €101k | ▲ 32.6% |
| Operating profit (loss)9901 | €48k | €16k | €63k | €83k | ▲ 31.2% |
| Financial income75/76B | €1k | €2k | €2k | €4k | ▲ 89.3% |
| Recurring financial income75 | €1k | €2k | €2k | €4k | ▲ 89.3% |
| Financial charges65/66B | €1k | €1k | €2k | €3k | ▲ 64.4% |
| Recurring financial charges65 | €1k | €1k | €2k | €3k | ▲ 64.4% |
| Profit (loss) for the period before taxes9903 | €48k | €17k | €63k | €84k | ▲ 32.2% |
| Income taxes67/77 | €12k | €4k | €14k | €19k | ▲ 32.0% |
| Profit (loss) for the period9904 | €36k | €13k | €49k | €65k | ▲ 32.2% |
| Profit (loss) for the period to be appropriated9905 | €36k | €13k | €49k | €65k | ▲ 32.2% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €97k | €105k | €169k | €204k | ▲ 20.4% |
| Fixed assets21/28 | €53k | €40k | €46k | €64k | ▲ 37.5% |
| Tangible fixed assets22/27 | €53k | €40k | €46k | €64k | ▲ 37.5% |
| Plant, machinery and equipment23 | €572 | €326 | €80 | €3k | ▲ 3,537% |
| Furniture and vehicles24 | €53k | €40k | €46k | €40k | ▼ 14.0% |
| Other tangible fixed assets26 | - | - | - | €21k | - |
| Current assets29/58 | €44k | €65k | €123k | €140k | ▲ 13.9% |
| Amounts receivable within one year40/41 | €38k | €64k | €78k | €116k | ▲ 47.9% |
| Trade receivables40 | €2k | €10k | €12k | €20k | ▲ 66.2% |
| Other amounts receivable41 | €36k | €53k | €67k | €97k | ▲ 44.7% |
| Cash at bank and in hand54/58 | €5k | €0 | €43k | €22k | ▼ 47.9% |
| Deferred charges and accrued income490/1 | €1k | €870 | €1k | €2k | ▲ 4.7% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €97k | €105k | €169k | €204k | ▲ 20.4% |
| Equity10/15 | €39k | €52k | €101k | €96k | ▼ 5.0% |
| Contributions10/11 | €3k | €3k | €3k | €3k | = |
| Reserves13 | - | - | - | €93k | - |
| Distributable reserves133 | - | - | - | €93k | - |
| Profit (loss) carried forward14 | €36k | €49k | €98k | €0 | ▼ 100% |
| Amounts payable17/49 | €58k | €53k | €69k | €108k | ▲ 57.6% |
| Amounts payable after more than one year17 | €41k | €29k | €32k | €19k | ▼ 40.5% |
| Financial debts170/4 | €41k | €29k | €32k | €19k | ▼ 40.5% |
| Amounts payable within one year42/48 | €17k | €24k | €37k | €89k | ▲ 142% |
| Current portion of amounts payable after more than one year42 | €9k | €11k | €13k | €13k | ▲ 2.2% |
| Financial debts43 | - | €985 | €0 | - | - |
| Credit institutions430/8 | - | €985 | €0 | - | - |
| Trade debts44 | €644 | €2k | €7 | €397 | ▲ 5,567% |
| Suppliers440/4 | €644 | €2k | €7 | €397 | ▲ 5,567% |
| Taxes, remuneration and social security45 | €7k | €10k | €24k | €17k | ▼ 31.8% |
| Taxes450/3 | €7k | €10k | €24k | €17k | ▼ 31.8% |
| Remuneration and social security454/9 | - | €0 | €0 | €0 | - |
| Other amounts payable47/48 | - | €560 | €0 | €60k | - |
| Accrued charges and deferred income492/3 | - | - | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36k | €13k | €49k | €65k | ▲ 32.2% |
| + Depreciation and write-downs630 | €8k | €13k | €13k | €16k | ▲ 28.0% |
| Operating cash flow (approximation) | €44k | €27k | €62k | €81k | ▲ 31.4% |
| Investment in fixed assets (approximation) | - | €0 | €-19k | €-34k | ▼ 77.0% |
| Change in cash | - | €-5k | €43k | €-21k | ▼ 148% |
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
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €65k ▲32.2%
Operating result €83k, net result €65k, both a record.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €101k ▲95.3%
3 profitable years in a row build equity to €101k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €13k ▼62.8%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Trooz · 1 establishment unit since 2020
Ground area
508 m²
Building footprint
113 m²
Volume, LiDAR
665 m³
Parcel 62040G0346/00Y002, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SOCOGEST
since 20202.305.759.185
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62040G0346/00Y002 | Wallonia | 508 m² | 1 · 113 m² | 7.4 m · 2 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 4,564 companies in sector 74999 we hold annual accounts for 1,936. 1,555 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
Founded29-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
41001General construction of residential buildings
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
Scores and ratios are computed by Checked and are not a credit decision.