Sodec.be
ActiveThe computed 12-month bankruptcy probability of Sodec.be is 1.9% (moderate). The 2025 annual accounts show equity of €38k and a net result of €-12k. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 85% of 87 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
62
/ 100
Healthy▼ -31 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency100▲+4
Growth85▲+9
Stability100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 3.83 against 2.11 in 2024), and 26.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 39
Relative position
BE, all sectors
reference
Sector 39
higher
← fewer bankruptcies
more bankruptcies →
raises risk · 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 2025Solvency, return and age of the figures
Solvency
73.9%
Return on assets
-23.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 6 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
33 d early
2022
32 d early
2021
31 d early
2020
25 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€117k▲ 32.6%
2024 · €88k
2023: €79k
2024: €88k
2023 → 2025
EBIT margin
-9.9%▼ 33.3pp
2024 · 23.4%
2023: -32.1%
2024: 23.4%
2023 → 2025
Net result
€-12k
2024 · €20k
2020: €-27k
2021: €51k
2022: €18k
2023: €-27k
2024: €20k
2020 → 2025
Working capital
€38k▼ 24.3%
2024 · €50k
2020: €-11k
2021: €42k
2022: €60k
2023: €33k
2024: €50k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€79k€88k▲ 12.3%€117k▲ 32.6%
Equity€39k-€57k▲ 46.5%€30k▼ 47.0%€50k▲ 65.5%€38k▼ 24.3%
Operating result€62k-€26k▼ 58.7%€-25k€21k€-12k
Net result€51k-€18k▼ 64.7%€-27k€20k€-12k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €12k after €21k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €51k
Equity
€38k▼ 24.3%
Debt
€13k▼ 70.2%
The debt ratio falls from 47.4% to 26.1%: debt falls faster than equity shrinks.
Key figures and ratios
Solvency
73.9%▲
2024 · 52.6%
Current ratio
3.83▲
2024 · 2.11
Quick ratio
3.83▲
2024 · 2.11
Debt / equity
0.35▼
2024 · 0.90
ROE
-32.0%▼
2024 · 39.6%
ROA
-23.7%▼
2024 · 20.8%
Debt
€13k▼
2024 · €45k
Debt ≤ 1 year
€13k▼
2024 · €45k
Staff costs
€131k▲
2024 · €69k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€95k€51k▼
Current assets29/58€95k€51k▼
Amounts receivable within one year40/41€4k€46k▲
Trade receivables40€1k€40k▲
Other amounts receivable41€2k€5k▲
Cash at bank and in hand54/58€91k€6k▼
Equity and liabilities
Total equity and liabilities10/49€95k€51k▼
Equity10/15€50k€38k▼
Contributions10/11€15k€15k=
Profit (loss) carried forward14€35k€23k▼
Amounts payable17/49€45k€13k▼
Amounts payable within one year42/48€45k€13k▼
Trade debts44€281€6k▲
Suppliers440/4€281€6k▲
Taxes, remuneration and social security45€6k€7k▲
Remuneration and social security454/9€6k€7k▲
Other amounts payable47/48€39k€155▼
Income statement
Code20242025
Operating income70/76A€98k€128k▲
Turnover70€88k€117k▲
Other operating income74€10k€11k▲
Operating charges60/66A€78k€139k▲
Services and other goods61€8k€8k▲
Remuneration, social security and pensions62€69k€131k▲
Other operating charges640/8€574€587▲
Operating profit (loss)9901€21k€-12k▼
Financial charges65/66B€834€559▼
Recurring financial charges65€834€559▼
Debt charges650€0-
Other financial charges652/9€834€559▼
Profit (loss) for the period before taxes9903€20k€-12k▼
Profit (loss) for the period9904€20k€-12k▼
Profit (loss) for the period to be appropriated9905€20k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€35k€23k▼
Profit (loss) brought forward from the previous period14P€15k€35k▲
Social balance
Average headcount (FTE)90871.11.4▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 28 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €51k
Net result €51k after one loss-making year.
31-12
Financial
Liquidity times 10current ratio 1.11
Current ratio from 0.12 to 1.11.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Genk · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gieterijstraat 1333600 GenkGround area
2,040 m²
Building footprint
439 m²
Volume, LiDAR
2,107 m³
Parcel 71302A0002/00G033, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sodec.be
since 20192.294.439.780
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71302A0002/00G033 | Flanders | 2,040 m² | 1 · 439 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Flemish government
2024 to 2025 · 2 entries · 318 EUR awarded · 212 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 106 EUR | 0 EUR |
| 2024 | 1 | 212 EUR | 212 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 247 companies in sector 39000 we hold annual accounts for 130. 70 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-10-2019
Fiscal year end31-12
Activities, NACEBEL
39000Remediation activities and other waste management service activities
43120Site preparation
43110Demolition
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.