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SOCOME

Active Private limited companyfounded 2009active for 17 yearsRue de la Marbrerie, Hour 14, 5563 HouyetKBO/BCE: BE 0818.626.352

Lifetime

16 annual accounts with figures on one time axis
peak €197,607 (2012)
€108,591▲ 29.8%
lowest -€98,027 (2015)
€634▲ €19,112
peak €40,904 (2014)
-€60,519▲ €634
€309,879▲ 27.9%
peak 5 FTE (2014)
-not published
Board1 name since 2022
1 director
Documentsfilings and deeds
09-04-202621 days before the deadline
2025micro format
Gross margin from €83,631 to €108,591Back to profit: €634Debts from €242,231 to €309,879

Key points

from the 2025 annual accounts

Equity

-€60,519
202020212022202320242025

Debts exceed assets in financial year 2025.

Turnover

≈ €270,000 estimated

The micro format states no turnover.

Debts

€309,879 124% of the balance sheet
Suppliers 62%Taxes and wages 5%Other 33%

Of this, €309,567 falls due within a year.

Staff

2.3 FTE from 5 in 2014

Between 2014 and 2025, 54% of the full-time equivalents disappeared.

Filings

16 annual accounts since 2010
deadline2010201520202025

Two of the last ten came late. The 2020 accounts came latest: 231 days after the end of the period.

Position in the sector

-€60,519

Less equity than 95% of companies in fabricated metal products. Sector median €76,473 · 2,518 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,380 companies had the same profile as SOCOME has now. Each dot stands for 4 companies, two years later.

94.2%
were still trading
3.3%
stopped another way
2.4%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 1,380 companies, not a prediction for SOCOME. 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0818626352
Change of role: , from manager to director Permanent representative: · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 19-06-2024 · Gazette deed
First establishment Rue de la Marbrerie, Hour 14, Houyet
Incorporation published on 28-09-2009 · Gazette deed
All 25 events

Comparable companies

same main activity, similar in size and age
Company
SOCOME Houyet €249,360 €108,591 -24.3% -
Vermeersch Service Lievegem €263,672 €106,511 31.4% -
CERTUS RVS Lokeren €290,634 €126,725 64.9% 1
van der Loeff Merelbeke-Melle €202,600 €107,239 65.7% -
RV CONSTRUCT Hooglede €311,778 €130,004 79.1% -
DME Service Fosses-la-Ville €437,652 €112,311 13.6% -
A.C.S. Estaimpuis €220,816 €147,425 58.7% -

These companies have the same main activity as SOCOME: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €203,000 and €438,000, founded between 2008 and 2011.

Official details

Source: KBO
Status
Active since 09-09-2009Normal situation
Activity
Manufacture of metal structures and parts of structuresNACE 25110and 2 others
Establishment unit
2.181.061.3315563 Houyet, since 01-10-2009
Financial year end
30 September
Peppol
Reachable since 14-08-2025
Company details

Annual accounts to 30-09-2025

€249,360▲ 37.7%
Employeeson 30-09-2025
2▼ 60.0%
Filing
Filed on 09-04-2026, 21 days before the end of the filing period
Financials

Insights on SOCOME

SOCOME files the micro format. That format states no turnover. The gross margin rose from €95,103 in 2010 to €108,591 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about SOCOME

What is the company number of SOCOME?
The company number of SOCOME is 0818.626.352. The VAT number is the same number with BE in front: BE 0818.626.352.
Where is SOCOME based?
The registered office is at Rue de la Marbrerie, Hour 14, 5563 Houyet.Company details
What does SOCOME do?
According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
What is the legal form of SOCOME?
SOCOME is a private limited company (BV).
When was SOCOME founded?
SOCOME was founded on 09-09-2009.
Is SOCOME still active?
Yes, SOCOME is an active enterprise in the KBO register.
How many employees does SOCOME have?
SOCOME had an average of 2.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SOCOME?
The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €108,591 and 2,201 comparable companies of the same size. It probably lies between €180,000 and €420,000. It is a rough estimate.
Is SOCOME profitable?
In financial year 2025, SOCOME made a profit of €634.
Where can I find the annual accounts of SOCOME?
SOCOME filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SOCOME due?
SOCOME must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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