Financials
- Fiscal year
- 2024
- Total assets
- €1.2m
- Profit
- €20,925
- Solvency
- 16.5%
Total assets▼ 17.1%
Net result
20182024
Socométal
ActiveSummary
The computed 12-month bankruptcy probability of Socométal is 2.9% (moderate). The 2024 annual accounts show equity of €201,573 and a net result of €20,925. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 19% of 36364 sector peers (fiscal year 2024). The company has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222NACE 45331
#3 oldest company in Liège, Construction sector1 site
Size
€1.2mtotal assets 2024
- Staff
- 1.5 FTE
- Equity
- €201,573
- Profit
- €20,925
Structure
Accounts 64 d overdue0 of 3 deeds read
Why 50- Liquidity: current ratio 1.42, cash €4,348, halved- Figures for FY 2024 (filed 09-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 68 days late; 2 of the last 3 late+ Size: total assets €1.2mShow the evidence
Checked score
Score 2024
50
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 26% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
41+4
equity 16.5% of total assets
Liquidity
13+3
short-term debt 70.1% · cash 0.4%
Profitability
42-13
return on assets 1.7%
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.0%
12-2024: 1.0%● 0.0% vs 11-2024
01-2025: 1.0%▼ -0.6% vs 12-2024lowest value
02-2025: 1.0%▲ +4.6% vs 01-2025
03-2025: 1.0%▼ -0.8% vs 02-2025
04-2025: 1.0%▲ +1.1% vs 03-2025
05-2025: 1.1%▲ +7.4% vs 04-2025
06-2025: 1.1%▼ -1.2% vs 05-2025
07-2025: 1.3%▲ +20.9% vs 06-2025
08-2025: 1.7%▲ +29.5% vs 07-2025
09-2025: 2.0%▲ +16.0% vs 08-2025
10-2025: 2.3%▲ +16.1% vs 09-2025
11-2025: 1.4%▼ -40.0% vs 10-2025
12-2025: 1.4%● 0.0% vs 11-2025
01-2026: 1.4%● 0.0% vs 12-2025
02-2026: 1.4%▲ +1.2% vs 01-2026
03-2026: 1.4%● 0.0% vs 02-2026
04-2026: 1.4%▼ -2.3% vs 03-2026
05-2026: 1.4%▲ +1.4% vs 04-2026
06-2026: 1.4%▼ -1.7% vs 05-2026
07-2026: 1.4%▲ +4.4% vs 06-2026
08-2026: 2.2%▲ +50.2% vs 07-2026
09-2026: 2.5%▲ +15.0% vs 08-2026
10-2026: 2.9%▲ +15.1% vs 09-2026highest value
- Liquidity: current ratio 1.42, cash €4,348, halved raises the probability
- Figures for FY 2024 (filed 09-10-2025) raises the probability
- Size: total assets €1.2m lowers the probability for this profile
- 1 financial year not filed after the legal deadline; latest accounts 68 days late; 2 of the last 3 late raises the probability
Credit up to €10,000 at 30 days acceptable
Liquidity tight (current ratio 1.42 against 1.28 in 2023; short-term debt: 70.1% and cash: 0.4% of total assets), and 83.5% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 18%, liquidity 7%, profitability 20%, growth against the median 57%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 36364 sector peers (2024).
NBB · sector comparisonPosition among 36364 sector peers
Solvency
better than 19%
← 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 07-10-2025, 68 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
68 d late
2023
61 d late
2022
30 d late
2021
88 d late
2020
143 d late
2019
104 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 82 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Equity above €200,000Eq €201,573 ▲11.6%
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 15
- Since
- 2017
- 07-10-2025Annual accounts filed
- 31-12-2024Equity above €200,000
- 30-09-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Installation of electric heating, air conditioning, cooling and…NACE 43222
- Founded
- 15-12-1969
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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