SOCOPRO
ActiveSummary
SOCOPRO has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.8m and a net result of €68,903. Equity is growing by ~20.4% per year across the filed fiscal years. Its solvency ranks better than 50% of 617 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability40▼-16
Solvency80▲+18
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €300,000 at 30 days acceptable
Liquidity ample (current ratio 12.28 against 17.95 in 2023; short-term debt: 8.1% and cash: 44% of total assets), and 44.6% of the assets are financed with debt.
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Signals
Six 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 94
Relative position
BE, all sectors
reference
Activities of membership organisations (NACE 94)
about 92% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
55.4%
Return on assets
1%
Age of the figures
21 mo
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 09-07-2025, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
22 d early
2023
54 d late
2022
126 d late
2021
103 d early
2020
134 d early
2019
21 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 10 days before the deadline; the sector median for financial year 2024 is 29 days before the deadline, and 25% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
In the rankings
#4 employer in the province of Namur, Membership organisations sector#6 fastest grower in the province of Namur, Membership organisations sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€68,903▼ 90.3%
2023 · €713,910
Working capital
€6.2m▼ 33.0%
2023 · €9.3m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 94, Activities of membership organisations, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€186,588▼ 67.2%-€57,351€982,098€714,157▼ 27.3%€69,822▼ 90.2%
Net result€186,355above the sector's middle half▼ 67.2%-€57,627below the sector's middle half€981,850above the sector's middle half€713,910above the sector's middle half▼ 27.3%€68,903within the sector's middle half▼ 90.3%
Equity€2.1mabove the sector's middle half▲ 9.9%€2.0mabove the sector's middle half▼ 2.8%€3.0mabove the sector's middle half▲ 49.0%€3.7mabove the sector's middle half▲ 23.9%€3.8mabove the sector's middle half▲ 1.9%
Total assets€3.9mabove the sector's middle half▼ 11.8%€4.4mabove the sector's middle half▲ 13.3%€10.3mabove the sector's middle half▲ 135%€9.9mabove the sector's middle half▼ 4.3%€6.8mabove the sector's middle half▼ 31.1%
Debt€1.4m▼ 36.1%€2.0m▲ 40.1%€6.5m▲ 227%€5.3m▼ 19.3%€2.1m▼ 59.5%
Working capital€3.5mabove the sector's middle half▼ 13.8%€4.0mabove the sector's middle half▲ 14.2%€9.8mabove the sector's middle half▲ 144%€9.3mabove the sector's middle half▼ 5.0%€6.2mabove the sector's middle half▼ 33.0%
Solvency53.0%within the sector's middle half▲ 10.5pp45.5%within the sector's middle half▼ 7.5pp28.9%within the sector's middle half▼ 16.6pp37.4%within the sector's middle half▲ 8.5pp55.4%within the sector's middle half▲ 17.9pp
Current ratio10.54above the sector's middle half▼ 2.9911.43above the sector's middle half▲ 0.8920.35above the sector's middle half▲ 8.9217.95above the sector's middle half▼ 2.4012.28above the sector's middle half▼ 5.67
Return on assets (ROA)4.8%within the sector's middle half▼ 8.1pp-1.3%below the sector's middle half▼ 6.1pp9.5%above the sector's middle half▲ 10.8pp7.2%above the sector's middle half▼ 2.3pp1.0%within the sector's middle half▼ 6.2pp
Staff (FTE)30.2above the sector's middle half▲ 11.4%32above the sector's middle half▲ 6.0%35.4above the sector's middle half▲ 10.6%37.1above the sector's middle half▲ 4.8%39.9above the sector's middle half▲ 7.5%
above
within
below
the middle half (P25 to P75) of NACE 94, Activities of membership organisations, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 90% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.8m
Fixed assets
€2,275 ▼ 22.2%
Current assets
€6.8m ▼ 31.1%
Equity and liabilities €6.8m
Equity
€3.8m ▲ 1.9%
Provisions
€900,000 =
Debt
€2.1m ▼ 59.5%
Debt's share of the balance-sheet total falls from 53.4% to 31.4%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
0.57▼
2023 · 1.43
ROE
1.8%▼
2023 · 19.3%
Debt ≤ 1 year
€553,749▲
2023 · €550,056
Income taxes
€260▲
2023 · €247
Staff costs
€2.5m▲
2023 · €2.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,045 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.3%
went bankrupt
3.6%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,045 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €1.5m | €2.1m | €2.2m | €2.5m | ▲ 10.6% |
| Other operating charges640/8 | - | - | - | €701 | €1,535 | ▲ 119% |
| Gross operating margin9900 | €1.8m | €1.5m | €3.5m | €3.1m | €2.6m | ▼ 16.5% |
| Operating profit (loss)9901 | €186,588 | -€57,351 | €982,098 | €714,157 | €69,822 | ▼ 90.2% |
| Financial income75/76B | - | - | €4 | - | - | - |
| Recurring financial income75 | €1 | - | €4 | - | - | - |
| Financial charges65/66B | - | €140 | €115 | - | €659 | - |
| Recurring financial charges65 | €65 | €140 | €115 | - | €659 | - |
| Profit (loss) for the period before taxes9903 | €186,524 | -€57,491 | €981,987 | €714,157 | €69,163 | ▼ 90.3% |
| Income taxes67/77 | €169 | €136 | €137 | €247 | €260 | ▲ 5.3% |
| Profit (loss) for the period9904 | €186,355 | -€57,627 | €981,850 | €713,910 | €68,903 | ▼ 90.3% |
| Profit (loss) for the period to be appropriated9905 | €186,355 | -€57,627 | €981,850 | €713,910 | €68,903 | ▼ 90.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.9m | €4.4m | €10.3m | €9.9m | €6.8m | ▼ 31.1% |
| Fixed assets21/28 | €1,125 | €1,125 | €1,125 | €2,925 | €2,275 | ▼ 22.2% |
| Financial fixed assets28 | €1,125 | €1,125 | €1,125 | €2,925 | €2,275 | ▼ 22.2% |
| Current assets29/58 | €3.9m | €4.4m | €10.3m | €9.9m | €6.8m | ▼ 31.1% |
| Amounts receivable within one year40/41 | €2.2m | €690,790 | €5.5m | €7.7m | €3.8m | ▼ 50.9% |
| Trade receivables40 | - | €690,790 | €5.5m | €7.7m | €3.8m | ▼ 50.9% |
| Cash at bank and in hand54/58 | €1.6m | €3.7m | €4.7m | €2.1m | €3.0m | ▲ 39.9% |
| Deferred charges and accrued income490/1 | - | €11,489 | €42,966 | €13,540 | €16,311 | ▲ 20.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.9m | €4.4m | €10.3m | €9.9m | €6.8m | ▼ 31.1% |
| Equity10/15 | €2.1m | €2.0m | €3.0m | €3.7m | €3.8m | ▲ 1.9% |
| Profit (loss) carried forward14 | €2.1m | €2.0m | €3.0m | €3.7m | €3.8m | ▲ 1.9% |
| Provisions and deferred taxes16 | €397,856 | €397,856 | €800,000 | €900,000 | €900,000 | = |
| Provisions for liabilities and charges160/5 | - | €397,856 | €800,000 | €900,000 | €900,000 | = |
| Other liabilities and charges164/5 | - | €397,856 | €800,000 | €900,000 | €900,000 | = |
| Amounts payable17/49 | €1.4m | €2.0m | €6.5m | €5.3m | €2.1m | ▼ 59.5% |
| Amounts payable within one year42/48 | €368,492 | €385,003 | €507,303 | €550,056 | €553,749 | ▲ 0.7% |
| Trade debts44 | €125,513 | €136,902 | €228,162 | €215,698 | €228,119 | ▲ 5.8% |
| Suppliers440/4 | - | €136,902 | €228,162 | €215,698 | €228,119 | ▲ 5.8% |
| Taxes, remuneration and social security45 | - | €248,101 | €279,141 | €334,358 | €325,630 | ▼ 2.6% |
| Remuneration and social security454/9 | - | €248,101 | €279,141 | €334,358 | €325,630 | ▼ 2.6% |
| Accrued charges and deferred income492/3 | - | €1.6m | €6.0m | €4.7m | €1.6m | ▼ 66.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €186,355 | -€57,627 | €981,850 | €713,910 | €68,903 | ▼ 90.3% |
| Operating cash flow (approximation) | €186,355 | -€57,627 | €981,850 | €713,910 | €68,903 | ▼ 90.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€1,800 | €650 | ▲ 136% |
| Change in cash | - | €2.1m | €1.0m | -€2.6m | €854,018 | ▲ 133% |
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
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 54 days late
2023
04-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 126 days late
2022
31-12
Financial
Back to profitnet €981,850
Net result €981,850 after one loss-making year.
19-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet -€57,627
Net result drops to -€57,627, the lowest in the series; recovery starts the following year.
19-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €2mEq €2.1m ▲9.9%
3 profitable years in a row build equity to €2.1m.
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 21 days late
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
02-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 63 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Namur · 1 establishment unit since 2014
Ground area
1,463 m²
Building footprint
984 m²
Volume, LiDAR
17,202 m³
Parcel 92094C0461/00K003, Wallonia · tallest building 22.3 m, ±6 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
SOCOPRO
since 20142.226.265.509
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92094C0461/00K003 | Wallonia | 1,463 m² | 1 · 984 m² | 22.3 m · 6 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.
Public money · subsidies and aid
European research
1 project · 124,500 EUR EU contributionProgrammes
Projects
Diversification through Rotation, Intercropping, Multiple cropping, Promoted with Actors and value-Chains Towards Sustainability
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Of 1,256 companies in sector 94110 we hold annual accounts for 584. 414 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded15-11-2013
Fiscal year end31-12
Activities, NACEBEL 2025
94110Activities of business and employers' organisations
01610Support activities for crop production
01620Support activities for animal production
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0541915145
Registered
27-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.