SOCOMIND
ActiveSummary
SOCOMIND has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €244k and a net result of €39k. Equity is growing by ~16.7% per year across the filed fiscal years. Its solvency ranks better than 88% of 19356 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability86▲+3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 7.04 against 9.35 in 2023; short-term debt: 10.4% and cash: 1.6% of total assets), and 13.9% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% 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
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 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
39 d early
2022
6 d early
2021
24 d late
2020
29 d early
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€244k▲ 15.1%
2023 · €212k
2018: €73klowest in 7 years
2019: €108k▲ +48.3% vs 2018
2020: €147k▲ +36.3% vs 2019
2021: €163k▲ +10.7% vs 2020
2022: €187k▲ +14.9% vs 2021
2023: €212k▲ +13.3% vs 2022
2024: €244k▲ +15.1% vs 2023highest in 7 years
2018 → 2024
Total assets
€283k▲ 15.3%
2023 · €246k
2018: €99klowest in 7 years
2019: €135k▲ +35.9% vs 2018
2020: €167k▲ +23.5% vs 2019
2021: €175k▲ +5.1% vs 2020
2022: €201k▲ +15.0% vs 2021
2023: €246k▲ +21.9% vs 2022
2024: €283k▲ +15.3% vs 2023highest in 7 years
2018 → 2024
Net result
€39k▲ 37.3%
2023 · €29k
2018: €24k
2019: €36k▲ +49.9% vs 2018
2020: €43k▲ +19.7% vs 2019highest in 7 years
2021: €19k▼ -54.7% vs 2020lowest in 7 years
2022: €28k▲ +44.0% vs 2021
2023: €29k▲ +2.1% vs 2022
2024: €39k▲ +37.3% vs 2023
2018 → 2024
Working capital
€178k▲ 19.7%
2023 · €148k
2018: €54klowest in 7 years
2019: €86k▲ +57.6% vs 2018
2020: €130k▲ +51.4% vs 2019
2021: €155k▲ +19.1% vs 2020
2022: €183k▲ +18.2% vs 2021highest in 7 years
2023: €148k▼ -18.8% vs 2022
2024: €178k▲ +19.7% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€147k-€163k▲ 10.7%€187k▲ 14.9%€212k▲ 13.3%€244k▲ 15.1%
2020: €147klowest in 5 years
2021: €163k▲ +10.7% vs 2020
2022: €187k▲ +14.9% vs 2021
2023: €212k▲ +13.3% vs 2022
2024: €244k▲ +15.1% vs 2023highest in 5 years
Operating result€60k-€33k▼ 44.7%€42k▲ 25.8%€38k▼ 7.5%€52k▲ 36.4%
2020: €60khighest in 5 years
2021: €33k▼ -44.7% vs 2020lowest in 5 years
2022: €42k▲ +25.8% vs 2021
2023: €38k▼ -7.5% vs 2022
2024: €52k▲ +36.4% vs 2023
Net result€43k-€19k▼ 54.7%€28k▲ 44.0%€29k▲ 2.1%€39k▲ 37.3%
2020: €43khighest in 5 years
2021: €19k▼ -54.7% vs 2020lowest in 5 years
2022: €28k▲ +44.0% vs 2021
2023: €29k▲ +2.1% vs 2022
2024: €39k▲ +37.3% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 36% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €283k
Fixed assets
€76k ▼ 4.1%
Current assets
€207k ▲ 24.6%
Equity and liabilities €283k
Equity
€244k ▲ 15.1%
Debt
€39k ▲ 16.8%
Debt's share of the balance-sheet total rises from 13.8% to 13.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€61k▲
2023 · €44k
Cash flow
€48k▲
2023 · €34k
Current ratio
7.04▼
2023 · 9.35
Debt to equity
0.16▲
2023 · 0.16
ROE
16.1%▲
2023 · 13.5%
ROA
13.9%▲
2023 · 11.7%
Interest coverage
54.20▲
2023 · 28.81
Debt ≤ 1 year
€29k▲
2023 · €18k
Debt > 1 year
€10k▼
2023 · €16k
Income taxes
€12k▲
2023 · €9k
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 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€246k€283k▲
Fixed assets21/28€79k€76k▼
Tangible fixed assets22/27€79k€75k▼
Land and buildings22€50k€50k=
Plant, machinery and equipment23€555€405▼
Furniture and vehicles24€28k€25k▼
Financial fixed assets28€625€625=
Current assets29/58€166k€207k▲
Amounts receivable within one year40/41€29k€11k▼
Trade receivables40€23k€10k▼
Other amounts receivable41€6k€915▼
Current investments50/53€118k€189k▲
Cash at bank and in hand54/58€17k€5k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€246k€283k▲
Equity10/15€212k€244k▲
Contributions10/11€6k€6k=
Reserves13€204k€237k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€204k€237k▲
Profit (loss) carried forward14€2k€761▼
Amounts payable17/49€34k€39k▲
Amounts payable after more than one year17€16k€10k▼
Financial debts170/4€16k€10k▼
Amounts payable within one year42/48€18k€29k▲
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€5k€105▼
Suppliers440/4€5k€105▼
Taxes, remuneration and social security45€3k€16k▲
Taxes450/3€3k€16k▲
Other amounts payable47/48€4k€7k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€8k▲
Other operating charges640/8€8k€962▼
Non-recurring operating charges66A-€545
Gross operating margin9900€51k€62k▲
Operating profit (loss)9901€38k€52k▲
Financial income75/76B€790€454▼
Recurring financial income75€790€454▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€38k€52k▲
Income taxes67/77€9k€12k▲
Profit (loss) for the period9904€29k€39k▲
Profit (loss) for the period to be appropriated9905€29k€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€31k€41k▲
Profit (loss) brought forward from the previous period14P€2k€2k▼
Transfer to equity691/2€26k€33k▲
To other reserves6921€26k€33k▲
Profit to be distributed694/7€4k€7k▲
Return on contributions (dividend)694€833€859▲
Directors or managers695€3k€7k▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €12k | €5k | €5k | €8k | ▲ 64.2% |
| Other operating charges640/8 | - | €867 | €1k | €8k | €962 | ▼ 87.2% |
| Non-recurring operating charges66A | - | - | - | - | €545 | - |
| Gross operating margin9900 | €72k | €46k | €47k | €51k | €62k | ▲ 22.0% |
| Operating profit (loss)9901 | €60k | €33k | €42k | €38k | €52k | ▲ 36.4% |
| Financial income75/76B | - | €896 | €1k | €790 | €454 | ▼ 42.6% |
| Recurring financial income75 | €132 | €896 | €1k | €790 | €454 | ▼ 42.6% |
| Financial charges65/66B | - | €254 | €4k | €2k | €1k | ▼ 25.8% |
| Recurring financial charges65 | €319 | €254 | €4k | €2k | €1k | ▼ 25.8% |
| Profit (loss) for the period before taxes9903 | €60k | €34k | €39k | €38k | €52k | ▲ 37.2% |
| Income taxes67/77 | €17k | €14k | €11k | €9k | €12k | ▲ 36.9% |
| Profit (loss) for the period9904 | €43k | €19k | €28k | €29k | €39k | ▲ 37.3% |
| Transfer from tax-exempt reserves789 | - | €12k | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €43k | €32k | €28k | €29k | €39k | ▲ 37.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €167k | €175k | €201k | €246k | €283k | ▲ 15.3% |
| Fixed assets21/28 | €17k | €8k | €5k | €79k | €76k | ▼ 4.1% |
| Tangible fixed assets22/27 | €17k | €8k | €4k | €79k | €75k | ▼ 4.2% |
| Land and buildings22 | - | - | - | €50k | €50k | = |
| Plant, machinery and equipment23 | - | €3k | €848 | €555 | €405 | ▼ 27.1% |
| Furniture and vehicles24 | - | €5k | €3k | €28k | €25k | ▼ 11.1% |
| Financial fixed assets28 | €625 | €625 | €625 | €625 | €625 | = |
| Current assets29/58 | €149k | €167k | €197k | €166k | €207k | ▲ 24.6% |
| Amounts receivable within one year40/41 | €26k | €57k | €39k | €29k | €11k | ▼ 63.1% |
| Trade receivables40 | - | €48k | €24k | €23k | €10k | ▼ 58.1% |
| Other amounts receivable41 | - | €8k | €15k | €6k | €915 | ▼ 83.7% |
| Current investments50/53 | €110k | €106k | €99k | €118k | €189k | ▲ 60.8% |
| Cash at bank and in hand54/58 | €12k | €3k | €59k | €17k | €5k | ▼ 73.6% |
| Deferred charges and accrued income490/1 | - | €903 | €757 | €3k | €3k | ▲ 6.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €167k | €175k | €201k | €246k | €283k | ▲ 15.3% |
| Equity10/15 | €147k | €163k | €187k | €212k | €244k | ▲ 15.1% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €138k | €154k | €178k | €204k | €237k | ▲ 16.1% |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Tax-exempt reserves132 | - | €0 | - | - | - | - |
| Distributable reserves133 | - | €152k | €176k | €204k | €237k | ▲ 16.1% |
| Profit (loss) carried forward14 | €2k | €2k | €2k | €2k | €761 | ▼ 53.0% |
| Amounts payable17/49 | €20k | €12k | €14k | €34k | €39k | ▲ 16.8% |
| Amounts payable after more than one year17 | - | - | - | €16k | €10k | ▼ 37.3% |
| Financial debts170/4 | - | - | - | €16k | €10k | ▼ 37.3% |
| Amounts payable within one year42/48 | €20k | €12k | €14k | €18k | €29k | ▲ 65.5% |
| Current portion of amounts payable after more than one year42 | - | €0 | - | €6k | €6k | ▲ 4.7% |
| Trade debts44 | €9k | €4k | €4k | €5k | €105 | ▼ 97.8% |
| Suppliers440/4 | - | €4k | €4k | €5k | €105 | ▼ 97.8% |
| Taxes, remuneration and social security45 | - | €5k | €6k | €3k | €16k | ▲ 366% |
| Taxes450/3 | - | €5k | €6k | €3k | €16k | ▲ 366% |
| Other amounts payable47/48 | - | €4k | €5k | €4k | €7k | ▲ 94.7% |
| Accrued charges and deferred income492/3 | - | - | €415 | €0 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €43k | €19k | €28k | €29k | €39k | ▲ 37.3% |
| + Depreciation and write-downs630 | €11k | €12k | €5k | €5k | €8k | ▲ 64.2% |
| Operating cash flow (approximation) | €54k | €31k | €33k | €34k | €48k | ▲ 41.4% |
| Investment in fixed assets (approximation) | - | €-3k | €-1k | €-80k | €-5k | ▲ 93.5% |
| Change in cash | - | €-9k | €55k | €-41k | €-13k | ▲ 69.2% |
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
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €212k ▲13.3%
6 profitable years in a row build equity to €212k.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Weakest financial yearnet €19k ▼54.7%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €163k ▲10.7%
4 profitable years in a row build equity to €163k.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €43k ▲19.7%
Operating result €60k, net result €43k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial
Equity above €100kEq €108k ▲48.3%
2 profitable years in a row build equity to €108k.
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
16-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Theux · 1 establishment unit since 1995
Ground area
2,730 m²
Building footprint
148 m²
Volume, LiDAR
1,187 m³
Parcel 63076A1068/00A000, Wallonia · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Rue des Foxhalles 47, 4910 Theux
since 19952.074.206.824
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63076A1068/00A000 | Wallonia | 2,730 m² | 1 · 148 m² | 9.7 m · 3 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 7,321 companies in sector 68110 we hold annual accounts for 5,384. 3,849 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
Founded20-09-1995
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
46831Wholesale of construction materials, general range
Contact
E-mail
pierre@socomind.be
Fax
087 891127
Scores and ratios are computed by Checked and are not a credit decision.