SOCREDAS
ActiveSummary
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).
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Signals
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.
History
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Financials · fiscal year 2024, micro schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 7.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 12,321 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.
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €99,795 | €88,551 | ▼ 11.3% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €75,326 | €76,470 | ▲ 1.5% |
| Remuneration, social security and pensions62 | - | - | €12,740 | €4,947 | €5,249 | ▲ 6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,925 | €1,328 | €1,200 | €635 | €254 | ▼ 60.0% |
| Other operating charges640/8 | - | - | €2,524 | €2,723 | €3,209 | ▲ 17.8% |
| Gross operating margin9900 | €10,584 | -€19,382 | €11,481 | €24,469 | €12,082 | ▼ 50.6% |
| Operating profit (loss)9901 | -€41,002 | -€42,818 | -€4,982 | €16,165 | €3,370 | ▼ 79.2% |
| Financial income75/76B | - | - | €3 | €18 | €40 | ▲ 124% |
| Recurring financial income75 | €159 | €21 | €3 | €18 | €40 | ▲ 124% |
| Financial charges65/66B | - | - | €308 | €334 | €339 | ▲ 1.5% |
| Recurring financial charges65 | €241 | €144 | €308 | €334 | €339 | ▲ 1.5% |
| Profit (loss) for the period before taxes9903 | -€41,085 | -€42,941 | -€5,288 | €15,848 | €3,071 | ▼ 80.6% |
| Income taxes67/77 | €20,281 | - | -€2,620 | €5 | €4,007 | ▲ 74,106% |
| Profit (loss) for the period9904 | -€61,366 | -€42,941 | -€2,668 | €15,843 | -€936 | ▼ 106% |
| Profit (loss) for the period to be appropriated9905 | -€61,366 | -€42,941 | -€2,668 | €15,843 | -€936 | ▼ 106% |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €83,237 | €38,374 | €28,444 | €22,815 | €25,601 | ▲ 12.2% |
| Formation expenses20 | - | - | - | €0 | €0 | - |
| Fixed assets21/28 | €4,255 | €2,927 | €1,726 | €141 | €1,798 | ▲ 1,172% |
| Intangible fixed assets21 | - | - | - | €0 | €0 | - |
| Tangible fixed assets22/27 | €4,114 | €2,785 | €1,585 | €0 | €1,657 | - |
| Land and buildings22 | - | - | - | €0 | €0 | - |
| Furniture and vehicles24 | - | - | €1,585 | €0 | €1,657 | - |
| Financial fixed assets28 | €141 | €141 | €141 | €141 | €141 | = |
| Current assets29/58 | €78,983 | €35,447 | €26,718 | €22,674 | €23,803 | ▲ 5.0% |
| Amounts receivable within one year40/41 | €4,155 | €17 | €3 | €8,271 | €6,446 | ▼ 22.1% |
| Trade receivables40 | - | - | - | - | €148 | - |
| Other amounts receivable41 | - | - | €3 | €8,271 | €6,299 | ▼ 23.8% |
| Cash at bank and in hand54/58 | €74,108 | €35,272 | €26,478 | €13,859 | €16,297 | ▲ 17.6% |
| Deferred charges and accrued income490/1 | - | - | €237 | €544 | €1,060 | ▲ 94.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €83,237 | €38,374 | €28,444 | €22,815 | €25,601 | ▲ 12.2% |
| Equity10/15 | €32,834 | -€10,107 | -€12,775 | €17,378 | €16,442 | ▼ 5.4% |
| Contributions10/11 | €18,592 | - | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | - | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | - | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | €12,383 | -€30,558 | -€33,226 | -€3,073 | -€4,009 | ▼ 30.5% |
| Amounts payable17/49 | €50,403 | €48,481 | €41,219 | €5,437 | €9,159 | ▲ 68.4% |
| Amounts payable within one year42/48 | €50,403 | €48,481 | €41,219 | €5,437 | €9,159 | ▲ 68.4% |
| Trade debts44 | €1,282 | €2,031 | €1,296 | €3,694 | €5,509 | ▲ 49.1% |
| Suppliers440/4 | - | - | €1,296 | €3,694 | €5,509 | ▲ 49.1% |
| Taxes, remuneration and social security45 | - | - | €3,207 | €1,744 | €3,650 | ▲ 109% |
| Taxes450/3 | - | - | €2,300 | €1,150 | €1,150 | = |
| Remuneration and social security454/9 | - | - | €907 | €594 | €2,500 | ▲ 321% |
| Other amounts payable47/48 | - | - | €36,715 | €0 | - | - |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€61,366 | -€42,941 | -€2,668 | €15,843 | -€936 | ▼ 106% |
| + Depreciation and write-downs630 | €1,925 | €1,328 | €1,200 | €635 | €254 | ▼ 60.0% |
| Operating cash flow (approximation) | -€59,441 | -€41,612 | -€1,467 | €16,478 | -€682 | ▼ 104% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | -€1,911 | - |
| Change in cash | - | -€38,836 | -€8,794 | - | €2,438 | - |
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
Show earlier events
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56016D0528/00P002 | Wallonia | 928 m² | 1 · 132 m² | 6.2 m · 2 fl. |
| 56016C0720/00S002 | Wallonia | 360 m² | 1 · 136 m² | 14.2 m · 4 fl. |
Linked by address, not proof of ownership
Company details
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 30 September 2026 · Peppol Directory
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