SOCREDAS

Active

Private limited companyfounded 199135 yrs activeChaussée de Couvin(CH) 104, 6460 Chimay, BelgiumKBO/BCE: BE 0444.154.189

Summary

The computed 12-month bankruptcy probability of SOCREDAS is 7.7% (elevated). The 2024 annual accounts show equity of €16,442 and a net result of -€936. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 1991 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).

Risk analysisWatch Report Compare

SOCREDASActiveChecked score 59/100

Risk analysis Report Compare

What they do

Activity not known1 site

How big

€88,551turnover 2024

Equity: €16,442
Loss: -€936

Financially healthy?

59 Fair Checked score 2024

Bankruptcy chance 12 m: 7.7%

Who decides

Accounts 62 d overdue0 of 3 deeds read

Why 59- Recent warning signals- No NACE activity registered- Annual accounts: weaker financial profile- Ex-officio strike-off- Higher-failure-rate region- Administrative warnings in the KBO publications+ Long track recordFiled after the deadlineShow the evidence

Checked score

Score 2024

59 / 100

Fair

Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability55▼-41

Solvency89▼-11

Growth22▼-10

Track record84

Bankruptcy probability, 12 months

7.7% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days only on tighter terms

Liquidity ample (current ratio 2.6 against 4.17 in 2023; short-term debt: 35.8% and cash: 63.7% of total assets), and 35.8% of the assets are financed with debt.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Recent warning signals

The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.

Belgian State Gazette

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

64.2%

Return on assets

-3.7%

Age of the figures

21 mo

Ex-officio strike-off

The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.

KBO publications

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

21 d late

2023

31 d late

2021

128 d late

2020

90 d late

2019

133 d late

2018

26 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 6 accounts on average 72 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Administrative warnings in the KBO publications

2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.

KBO publications

Publications

UBO non-compliance×2