Skip to content
Checked.be
Complete company report
Generated 03-08-2026
Active BE 0427.390.512Public limited company

SOCOTOIT

Bonzeler, Oudler 6 ·4790 Burg-Reuland, Belgium· 41 yrs active
Sector: Specialised construction (43410)
Conclusion Checked

The computed 12-month bankruptcy probability of SOCOTOIT is 0.5% (very low). The 2024 annual accounts show equity of €1.65M and a net result of €170k. Equity is growing by ~6% per year across the filed fiscal years. Its solvency ranks better than 85% of 495 sector peers (fiscal year 2024). The company has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €1.65M
Net result €170k
Staff (FTE) 4.3
Better than sector 85%
Snowflake analysis 5 axes · computed by Checked
Health90Profitability52Solvency100Growth68Stability100
82 / 100

Exceptional profile, strong across almost every axis.

Health 90
Profitability 52
Solvency 100
Growth 68
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.5% Very low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Long track record −Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Long-established
Founded in 1985, 41 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
90 / 100 Excellent
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 01-07-2025 with the NBB · fiscal year 2024 · volledig
€0€500k€1.00M€1.50MOperating result 2020: €176k€176kNet result 2020: €1.28M€1.28MOperating result 2021: €415k€415kNet result 2021: €344k€344kOperating result 2022: €526k€526kNet result 2022: €436k€436kOperating result 2023: €258k€258kNet result 2023: €226k€226kOperating result 2024: €156k€156kNet result 2024: €170k€170k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~6%/year over 7 fiscal years, indicative, assuming unchanged policy.
€1.00M€1.50M€2.00M€2.50M2025: €1.95M (€1.82M - €2.08M)2026: €2.07M (€1.85M - €2.28M)2027: €2.19M (€1.89M - €2.48M)2018: €1.30M2019: €1.30M2020: €1.43M2021: €1.67M2022: €1.95M2023: €1.74M2024: €1.65M2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
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).

Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 71.4% 36.6%
better than 85% of 495 sector peers
Net result €170k €19k
better than 87% of 493 sector peers
Equity €1.65M €90k
better than 93% of 495 sector peers
Gross operating margin €561k €110k
better than 83% of 464 sector peers
Staff costs €241k €146k
higher than 60% of 327 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€3.15M
+27.8% 18-24
EBITDA
€304k
-19.1% far above sector median
Net profit
€170k
-24.7% far above sector median
Cash flow
€319k
-7.4% far above sector median
Total assets
€2.31M
-9.0% far above sector median
Equity
€1.65M
-5.2% far above sector median
Working capital
€974k
-28.0% far above sector median
Employees (FTE)
4
-18.9% +115% vs sector
Staff costs
€241k
-25.1% +123% vs sector
Income taxes
€37k
-25.4% far above sector median
Dividends
€200k
-44.4% 18-24
Debt
€660k
-17.3% far above sector median
Debt ≤ 1y
€660k
-17.3% far above sector median
Current ratio
2.47
-8.2% +79% vs sector
Quick ratio
2.10
-8.7% +67% vs sector
Solvency
71.4%
+4.2% +100% vs sector
Debt / equity
0.40
-12.8% -71% vs sector
ROE
10.3%
-20.6% +30% vs sector
ROA
7.4%
-17.3% +91% vs sector
Net margin
50.1%
-2.8% 18-24
EBITDA margin
15.2%
+98.3% 18-24
Interest coverage
154.58
+371.4% far above sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€304k
Net profit€170k
Cash flow€319k
Staff costs€241k
Income taxes€37k
Dividends€200k
Total assets€2.31M
Equity€1.65M
Debt€660k
of which ≤ 1y€660k
of which > 1y-
Working capital€974k
Employees (FTE)4.3
Ratios (computed)
2024
Current ratio2.47
Quick ratio2.10
Working capital ratio42.2%
Solvency71.4%
Debt / equity0.40
Long-term debt ratio-
Interest coverage154.58
Gross margin-
Net margin-
ROA7.4%
ROE10.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€2.31M
Fixed assets 21/28€672k
Tangible fixed assets 22/27€671k
Financial fixed assets 28€405
Current assets 29/58€1.63M
Stocks & contracts in progress 3€246k
Amounts receivable within one year 40/41€478k
Investments 50/53€200k
Cash & bank 54/58€685k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2.31M
Equity 10/15€1.65M
Contributions / capital 10/11€125k
Reserves 13€145k
Accumulated profits (losses) 14€1.38M
Amounts payable 17/49€660k
Amounts payable within one year 42/48€660k
Trade debts payable within one year 44€187k
Income statement
Gross operating margin 9900€561k
Operating result 9901€156k
Financial income 75€53k
Financial charges 65€2k
Result before taxes 9903€207k
Income taxes 67/77€37k
Net result for the period 9904€170k
Result to be appropriated 9905€170k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Specialised construction(43410)
Legal form Public limited company(014)
Incorporation30-05-1985
StatusActive
Postal code4790
Establishment units 1 location
Bonzeler, Oudler 6, 4790 Burg-Reuland
Handelsbemiddeling in nieuwe en gebruikte auto's voor personenvervoer, inclusief die voor bijzondere doeleinden (b.v. ambulances)
since 19852.027.274.660
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
22-07-2025
State Gazette act Director changes
Raymund MICHELIS
01-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · volledig
2024
12-07-2024
NBB filing Annual accounts filed
fiscal year 2023 · volledig
2023
20-07-2023
NBB filing Annual accounts filed
fiscal year 2022 · volledig
2022
14-10-2022
NBB filing Annual accounts filed
fiscal year 2021 · volledig
2021
30-09-2021
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2020
30-10-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2019
27-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2018
27-07-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2017
27-07-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2016
24-08-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 1 year ago
2025
22-07-2025 Discharge granted to the board Director changes·Raymund MICHELIS
Notary: Raymund MICHELIS · Burg-Reuland
Technical details 
{
  "events": [
    {
      "kind": "decharge_granted",
      "role": "delegierter_bestuurder",
      "person": {
        "rrn": null,
        "name": "Raymund MICHAELIS",
        "address": "4790 BURG-REULAND, Wiesenweg, Braunlauf 16",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": "statutair",
      "compensated": false,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "until_agm_year",
        "value": "2031"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "Verwalter",
      "person": {
        "rrn": null,
        "name": "Martina THEODOR",
        "address": "4790 BURG-REULAND, Wiesenweg, Braunlauf 16",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": "statutair",
      "compensated": false,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "until_agm_year",
        "value": "2031"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "Verwalter",
      "person": null,
      "reason": null,
      "subkind": null,
      "via_org": {
        "kbo": "0764.416.715",
        "name": "GMBH \u201EMISAL\u0022",
        "address": "B-4790 BURG-REULAND, Bonzeler, Oudler 6",
        "country": "BE",
        "legal_form": "GMBH"
      },
      "statutory": "statutair",
      "compensated": true,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "until_agm_year",
        "value": "2031"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": "Raymund MICHELIS",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Burg-Reuland",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": null,
    "filing_date": null,
    "act_kind_objet": "WIEDERERNENNUNG"
  },
  "decisions": [
    {
      "body": "ordentliche_algemene_vergadering",
      "date": "2025-06-30",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0427.390.512",
    "name_full": "SOCOTOI",
    "legal_form": "Aktiengesellschaft"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Raymund MICHELIS",
    "org_rep_person_name": null,
    "person_role_at_subject": "Verwalter"
  },
  "co_filed_documents": [
    "Abschrift des Protokolis der ordentlichen Generalversammlung vom 30.06.2025"
  ],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Dakwerkzaamheden43410Dakwerkzaamheden43910Dakbedekking en bouw van dakconstructies45220Bouwrijp maken van terreinen43120Bouwrijp maken van terreinen43120Loodgieterswerk43221Sanitaire werkzaamheden43221Schrijnwerk43320Schrijnwerk43320Overige werkzaamheden in verband met de afwerking van gebouwen43350Overige werkzaamheden in verband met de afwerking van gebouwen43390Overig loodgieterswerk45332Schrijnwerk van hout of van kunststof45421Bouwmarkten en andere doe-het-zelfzaken in bouwmaterialen, algemeen assortiment47521Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)47521Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m252461
Primary activity highlighted.
Names & trade names
Legal nameDE SOCOTOIT
Registered office
Bonzeler, Oudler 6
4790 Burg-Reuland, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Same NACE
INDUSTRIELE EN BOUWKUNDIGE TOEPASSINGEN BE 0427.649.739 · Wetteren
L. VANDENBUSSCHE EN ZOON BE 0422.387.092 · Beernem
GREGOIRE Vincent BE 0457.436.459 · Gouvy
FRANS MARTELEZ BE 0423.707.678 · Zedelgem
V. DAK BE 0419.320.805 · Beringen
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative