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SOCONORD GROUP

Active
Public limited companyfounded 1986active for 40 yearsLouizalaan 480, 1050 Elsene, BelgiumKBO/BCE: BE 0429.411.179
Summary

SOCONORD GROUP has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44.0m and a net result of €684,830. Equity has been growing by about 2.7% per year since 2018. Its solvency ranks better than 80% of 383 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
SOCONORD GROUPActiveChecked score 92/100
Risk analysis ReportCompare

Overview

Official details

Source: KBO
Status
Active since 12-08-1986 Normal situation
Registered office
272 active companies are registered at this address 18 started in the 12 months before. Source: KBO register, as of 2 November 2026.
Activity
Other personal services NACE 96999and 1 other
Joint committee
226 Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek · annual accounts 2025
Establishment unit
2.041.533.165 1050 Elsene, since 10-01-1989
Financial year end
31 December
Peppol
Reachable since 09-07-2025
Company details

Board and ownership

Board
and 2 others
Auditor
FORVIS MAZARS Réviseurs d'Entreprises
Shareholders
  • PARGEFIN· score 9330-04-2025 annual accounts of PARGEFIN
Holdings
Shares in 3 companies including SOCONORD SINGAPORE Pte Ltd. and SOCONORD
Board & ownership

Financial position

92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€633,133
▼ 7.6%
Profit
€684,830
▼ 13.9%
Equity
€44.0m
▲ 1.4%
Total assets
€61.7m
▲ 5.1%
Employees on 31-12-2025
2
=
Standalone figures, without subsidiaries
Group, consolidated 2025: turnover €8.1m, result €2.7m
Filed on 11-06-2026, 50 days before the deadline
Financials
Score breakdownraises riskLiquidity: current ratio 3.97, cash €370,198lowers riskFounded in 1986Legal form: public limited companyEquity €44.0m (71.3% of total assets)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 45% of micro companies in personal services (NACE 96)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Average
Solvency 96-3
equity 71.3% of total assets
Liquidity 48-4
short-term debt 14.4% · cash 0.6%
Profitability 13-1
return on assets 1.1%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,625 companies, NACE 96, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026highest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.97 (57.32 in 2024), above the usual 1.5. Short-term debt is 14.4% and cash 0.6% of total assets. 28.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 96, micro). It does better than 84% of them on solvency, 41% on liquidity, 22% on profitability and 36% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1986
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 3.97, cash €370,198
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
lowers risk · Equity €44.0m (71.3% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-06-2026, 50 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
50 days early
2024
43 days early
2023
41 days early
2022
25 days early
2021
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 38 days before the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Largest company by equity in the Brussels-Capital Region, Personal services sectorin the Checked rankings No. 1 View
  • Heads a groupcompanies controlled 4 View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

Recent changes

  1. · Gazette deed Reappointment: FORVIS MAZARS Reviseurs d'Entreprises (statutory auditor)
  2. · Gazette deed Reappointments: Patrick FOCQUET, Carine FOCQUET and 3 others
  3. · Gazette deed Reappointment: MAZARS Reviseurs d'Entreprises (statutory auditor)
All 19 events

Companies linked to SOCONORD GROUP

Subsidiaries and holdings

Comparable companies

These companies have the same main activity as SOCONORD GROUP: other personal services (NACE 96999). They are comparable in size and age: total assets between €6.7m and €214m, founded between 1964 and 2008.

CompanyTotal assetsTurnover
SOCONORD GROUP Elsene€61.7m€0.6m
ECOSEARCH Huldenberg€58.6m€1.6m
IMMO WINA Kluisbergen€22.8m€1.8m
ALGIMO Gent€214.3m€2.0m
LUVON Aartselaar€29.8m-
SMARTIMMO Sint-Gillis (bij-Brussel)€8.1m€0.8m
SYNDICAT- D'INITIATIVE-BRUXELLES PROMOTION 1886 SOCIETE ROYALE S.I.B.P. Brussel€6.7m-
Full comparison

Key facts about SOCONORD GROUP
What is the company number of SOCONORD GROUP?
The company number of SOCONORD GROUP is 0429.411.179. The VAT number is the same number with BE in front: BE 0429.411.179.
Where is SOCONORD GROUP based?
The registered office is at Louizalaan 480, 1050 Elsene.Company details
What does SOCONORD GROUP do?
According to the KBO register, the main activity is other personal services (NACE 96999).
What is the legal form of SOCONORD GROUP?
The legal form of SOCONORD GROUP is Public limited company (NV).
When was SOCONORD GROUP founded?
SOCONORD GROUP was founded on 12-08-1986.
Is SOCONORD GROUP still active?
Yes, SOCONORD GROUP is an active enterprise in the KBO register.
How many employees does SOCONORD GROUP have?
SOCONORD GROUP had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does SOCONORD GROUP fall under?
In its 2025 annual accounts, SOCONORD GROUP states joint committee 226 (Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek).
What is the turnover of SOCONORD GROUP?
The turnover of SOCONORD GROUP was €633,133 in financial year 2025, according to the filed annual accounts.
Is SOCONORD GROUP profitable?
In financial year 2025, SOCONORD GROUP made a profit of €684,830.
Where can I find the annual accounts of SOCONORD GROUP?
SOCONORD GROUP filed 73 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SOCONORD GROUP due?
SOCONORD GROUP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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