SOCOM TRADING
ActiveSOCOM TRADING has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €18k and a net result of €5k. Equity is growing by ~44.9% per year across the filed fiscal years. Its solvency ranks better than 51% of 15867 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
94
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency77▼-1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.65 against 1.6 in 2023), but 59% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
41%
Return on assets
11.6%
Age of the figures
20 mo
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 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
8 d late
2022
16 d late
2021
5 d early
2020
2 d early
2019
11 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€5k▲ 10.5%
2023 · €5k
2018: €-1k
2019: €-2k
2020: €2k
2022: €4k
2023: €5k
2018 → 2024
Working capital
€17k▲ 57.6%
2023 · €11k
2018: €3k
2019: €2k
2020: €4k
2021: €4k
2022: €7k
2023: €11k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€4k-€4k=€8k▲ 95.4%€13k▲ 55.6%€18k▲ 39.5%
Operating result€2k-€45▼ 98.2%€4k▲ 8,927%€5k▲ 13.8%€5k▲ 10.4%
Net result€2k-€4k€5k▲ 14.0%€5k▲ 10.5%
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 10% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €44k
Fixed assets
€1k▼ 50.3%
Current assets
€42k▲ 50.0%
Equity and liabilities €44k
Equity
€18k▲ 39.5%
Debt
€26k▲ 45.4%
The debt ratio rises from 58.0% to 59.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€6k▲
2023 · €6k
Cash flow
€6k▲
2023 · €6k
Solvency
41.0%▼
2023 · 42.0%
Current ratio
1.65▲
2023 · 1.60
Quick ratio
1.65▲
2023 · 1.60
Debt / equity
1.44▲
2023 · 1.38
ROE
28.3%▼
2023 · 35.7%
ROA
11.6%▼
2023 · 15.0%
Interest coverage
137.47▲
2023 · 123.38
Debt
€26k▲
2023 · €18k
Debt ≤ 1 year
€26k▲
2023 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€30k€44k▲
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€28k€42k▲
Amounts receivable within one year40/41€15k€26k▲
Trade receivables40€15k€26k▲
Cash at bank and in hand54/58€13k€17k▲
Deferred charges and accrued income490/1-€33
Equity and liabilities
Total equity and liabilities10/49€30k€44k▲
Equity10/15€13k€18k▲
Contributions10/11€6k€6k=
Reserves13€1k€1k=
Distributable reserves133€1k€1k=
Profit (loss) carried forward14€5k€10k▲
Amounts payable17/49€18k€26k▲
Amounts payable within one year42/48€18k€26k▲
Trade debts44€13k€20k▲
Suppliers440/4€13k€20k▲
Taxes, remuneration and social security45€5k€6k▲
Taxes450/3€5k€6k▲
Other amounts payable47/48€161€34▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€929€1k▲
Other operating charges640/8€384€388▲
Gross operating margin9900€6k€7k▲
Operating profit (loss)9901€5k€5k▲
Financial charges65/66B€45€45=
Recurring financial charges65€45€45=
Profit (loss) for the period before taxes9903€5k€5k▲
Profit (loss) for the period9904€5k€5k▲
Profit (loss) for the period to be appropriated9905€5k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€10k▲
Profit (loss) brought forward from the previous period14P€732€5k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €5k ▲10.5%
Operating result €5k, net result €5k, both a record.
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 4.20
Current ratio from 1.33 to 4.20; short-term debt falls from €6k to €1k.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 11 days late
2019
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
01-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ath · 1 establishment unit since 2007
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.
Rue Ambiorix 467800 AthGround area
1,809 m²
Building footprint
240 m²
Volume, LiDAR
561 m³
2 parcels, Wallonia · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SOCOM TRADING
since 20072.167.415.411
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53073A0618/00C000 | Wallonia | 1,109 m² | 1 · 113 m² | 6.5 m · 2 fl. |
| 51004C0366/00R003 | Wallonia | 700 m² | 1 · 127 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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BE 0859.703.773
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VEZELS
BE 0661.749.044
Stabroek · Eq €17k
LORINE GOLD
BE 0730.668.039
Machelen (Brab.) · Eq €19k
An Group Textiles
BE 0801.545.048
Temse · Eq €22k
S & L
BE 0784.605.581
Anderlecht · Eq €14k
Of 235 companies in sector 46419 we hold annual accounts for 129. 76 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-12-2007
Fiscal year end31-12
Activities, NACEBEL
46419Wholesale trade
46190Agents in non-specialised wholesale trade
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.