SOCONORD
SOCONORD has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.76M and a net result of €559k. Equity is growing by ~16.4% per year across the filed fiscal years. Its solvency ranks better than 81% of 118 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
| Equity | €9.76M |
| Net result | €559k |
| Better than sector | 81% |
| Active | 34 yrs |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 78.5% | 40.1% | |
| Net result | €559k | €73k | |
| Equity | €9.76M | €2.87M | |
| Staff costs | €6k | €2.25M | |
| Total assets | €12.44M | €9.58M |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | full schema | full schema | full schema | full schema | full schema |
| Revenue | €8.04M | €27.70M | €34.87M | €51.01M | €16.90M |
| EBITDA | - | - | - | - | - |
| Net profit | €559k | €1.30M | €1.27M | €2.73M | €639k |
| Cash flow | - | - | - | - | - |
| Staff costs | €6k | €7k | €6k | €6k | €6k |
| Income taxes | €-14 | €23k | €49k | €143k | €1 |
| Dividends | - | - | - | - | - |
| Total assets | €12.44M | €15.00M | €23.26M | €32.42M | €14.77M |
| Equity | €9.76M | €9.20M | €7.90M | €6.63M | €3.90M |
| Debt | €2.68M | €5.79M | €15.35M | €25.78M | €10.87M |
| of which ≤ 1y | €2.62M | €5.48M | €15.05M | €25.76M | €10.86M |
| of which > 1y | - | - | - | - | - |
| Working capital | €9.82M | €9.52M | €8.20M | €6.66M | €3.91M |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 4.75 | 2.74 | 1.54 | 1.26 | 1.36 |
| Quick ratio | 4.72 | 2.68 | 1.50 | 1.23 | 1.13 |
| Working capital ratio | 78.9% | 63.5% | 35.3% | 20.5% | 26.5% |
| Solvency | 78.5% | 61.4% | 34.0% | 20.5% | 26.4% |
| Debt / equity | 0.27 | 0.63 | 1.94 | 3.89 | 2.79 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | - | - | - | - | - |
| Gross margin | 18.0% | 13.0% | 8.5% | 10.0% | -5.5% |
| Net margin | 6.9% | 4.7% | 3.6% | 5.4% | 3.8% |
| ROA | 4.5% | 8.7% | 5.5% | 8.4% | 4.3% |
| ROE | 5.7% | 14.1% | 16.1% | 41.2% | 16.4% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | 335d | 82d | 216d | 222d | 224d |
| Days payable outstanding | 134d | 13d | 17d | 15d | 11d |
| Inventory turnover | 100.10 | 72.38 | 51.25 | 62.93 | 7.12 |
| Days inventory (DSI) | 4d | 5d | 7d | 6d | 51d |
Full annual accounts (22 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €12.44M | €15.00M | €23.26M | €32.42M | €14.77M |
| Current assets | 29/58 | €12.44M | €15.00M | €23.26M | €32.42M | €14.77M |
| Stocks & contracts in progress | 3 | €66k | €333k | €622k | €730k | €2.50M |
| Amounts receivable within one year | 40/41 | €7.54M | €6.40M | €20.84M | €31.18M | €10.54M |
| Investments | 50/53 | €3.59M | €4.58M | €1.64M | €5k | €995k |
| Cash & bank | 54/58 | €1.24M | €3.67M | €151k | €496k | €728k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €12.44M | €15.00M | €23.26M | €32.42M | €14.77M |
| Equity | 10/15 | €9.76M | €9.20M | €7.90M | €6.63M | €3.90M |
| Contributions / capital | 10/11 | €4.00M | €4.00M | €4.00M | €4.00M | €4.00M |
| Reserves | 13 | €1.86M | €1.83M | €1.76M | €1.70M | €1.65M |
| Accumulated profits (losses) | 14 | €3.90M | €3.37M | €2.14M | €931k | €-1.75M |
| Amounts payable | 17/49 | €2.68M | €5.79M | €15.35M | €25.78M | €10.87M |
| Amounts payable within one year | 42/48 | €2.62M | €5.48M | €15.05M | €25.76M | €10.86M |
| Trade debts payable within one year | 44 | €2.42M | €832k | €1.53M | €1.92M | €543k |
| Income statement | ||||||
| Turnover | 70 | €8.04M | €27.70M | €34.87M | €51.01M | €16.90M |
| Operating result | 9901 | €2.02M | €367k | €2.31M | €2.41M | €220k |
| Financial income | 75 | €750k | €2.70M | €3.68M | €719k | €503k |
| Financial charges | 65 | €2.22M | €1.75M | €4.67M | €252k | €83k |
| Result before taxes | 9903 | €559k | €1.32M | €1.32M | €2.88M | €639k |
| Income taxes | 67/77 | €-14 | €23k | €49k | €143k | €1 |
| Net result for the period | 9904 | €559k | €1.30M | €1.27M | €2.73M | €639k |
| Result to be appropriated | 9905 | €559k | €1.30M | €1.27M | €2.73M | €639k |
| NACE primary | Manufacture of basic metals(24200) |
| Legal form | Public limited company(014) |
| Incorporation | 19-03-1992 |
| Status | Active |
| Postal code | 1050 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0227/00V003 | Brussels | 2,791 m² | 1 · 1,235 m² | 106.8 m · 30 fl. |
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
11-09-2025 FORVIS MAZARS Reviseurs d'Entreprises reappointed as statutory auditor
- FORVIS MAZARS Reviseurs d'Entreprises, Commissaris
Technical details
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}01-09-2022 7 reappointed
- MAZARS Reviseurs d'Entrepríses, Commissaris
- Patrick FOCQUET, Directeur
- Carine FOCQUET, Directeur
- Caroline FOCQUET, Directeur
- Candice SCHUEREMANS, Directeur
- Nathalie LEFORT, Directeur
- Patrick FOCQUET, Directeur
Technical details
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}| Legal nameFR | SOCONORD |