SODECA
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 20-05-2025, 72 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
72 d early
2023
29 d late
2022
3 d early
2021
61 d late
2020
33 d early
2019
44 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 10 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Turnover
€45,853
EBIT margin
-26.1%
Net result
€156▼ 99.4%
2023 · €27,346
Working capital
€20,932▼ 55.6%
2023 · €47,131
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€45,853
Operating result-€11,183-€11,963▼ 7.0%€18,047€42,664▲ 136%€12,218▼ 71.4%
Net result-€11,376-€15,984▼ 40.5%€9,024€27,346▲ 203%€156▼ 99.4%
EBIT margin-26.1%
Equity€224,738▼ 4.8%€208,754▼ 7.1%€217,778▲ 4.3%€245,124▲ 12.6%€245,280▲ 0.1%
Total assets€234,570▼ 4.4%€212,973▼ 9.2%€806,973▲ 279%€803,298▼ 0.5%€789,649▼ 1.7%
Debt€9,832▲ 7.3%€4,219▼ 57.1%€589,195▲ 13,865%€558,174▼ 5.3%€544,368▼ 2.5%
Working capital€95,517▲ 12.0%€93,900▼ 1.7%€45,249▼ 51.8%€47,131▲ 4.2%€20,932▼ 55.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 71% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €789,649
Fixed assets
€702,748 ▼ 1.3%
Current assets
€86,900 ▼ 4.6%
Equity and liabilities €789,649
Equity
€245,280 ▲ 0.1%
Debt
€544,368 ▼ 2.5%
Debt's share of the balance-sheet total falls from 69.5% to 68.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€21,636▼
2023 · €52,592
Cash flow
€9,574▼
2023 · €37,274
Current ratio
1.32▼
2023 · 2.07
Debt to equity
2.22▼
2023 · 2.28
ROE
0.1%▼
2023 · 11.2%
ROA
0.0%▼
2023 · 3.4%
Interest coverage
1.63▼
2023 · 4.34
Debt ≤ 1 year
€65,968▲
2023 · €44,001
Debt > 1 year
€478,002▼
2023 · €514,173
Income taxes
€58▼
2023 · €3,213
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €45,853 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €38,593 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,172 | €20,186 | €12,650 | €9,928 | €9,418 | ▼ 5.1% |
| Other operating charges640/8 | - | €4,289 | €4,841 | €4,929 | €5,127 | ▲ 4.0% |
| Gross operating margin9900 | €15,320 | €12,512 | €35,538 | €57,521 | €26,763 | ▼ 53.5% |
| Operating profit (loss)9901 | -€11,183 | -€11,963 | €18,047 | €42,664 | €12,218 | ▼ 71.4% |
| Financial income75/76B | - | €6 | €0 | - | €1,278 | - |
| Recurring financial income75 | €0 | €6 | €0 | - | €1,278 | - |
| Financial charges65/66B | - | €4,027 | €9,023 | €12,105 | €13,282 | ▲ 9.7% |
| Recurring financial charges65 | €193 | €4,027 | €9,023 | €12,105 | €13,282 | ▲ 9.7% |
| Profit (loss) for the period before taxes9903 | -€11,376 | -€15,984 | €9,024 | €30,559 | €215 | ▼ 99.3% |
| Income taxes67/77 | - | €0 | €0 | €3,213 | €58 | ▼ 98.2% |
| Profit (loss) for the period9904 | -€11,376 | -€15,984 | €9,024 | €27,346 | €156 | ▼ 99.4% |
| Profit (loss) for the period to be appropriated9905 | -€11,376 | -€15,984 | €9,024 | €27,346 | €156 | ▼ 99.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €234,570 | €212,973 | €806,973 | €803,298 | €789,649 | ▼ 1.7% |
| Fixed assets21/28 | €137,786 | €116,744 | €722,094 | €712,166 | €702,748 | ▼ 1.3% |
| Tangible fixed assets22/27 | €136,930 | €116,744 | €104,094 | €94,166 | €84,748 | ▼ 10.0% |
| Land and buildings22 | - | €113,002 | €103,584 | €94,166 | €84,748 | ▼ 10.0% |
| Plant, machinery and equipment23 | - | €3,049 | €510 | €0 | - | - |
| Other tangible fixed assets26 | - | €693 | €0 | - | - | - |
| Financial fixed assets28 | €856 | - | €618,000 | €618,000 | €618,000 | = |
| Current assets29/58 | €96,784 | €96,229 | €84,878 | €91,132 | €86,900 | ▼ 4.6% |
| Amounts receivable within one year40/41 | €3,662 | €262 | €83,623 | €89,100 | €84,162 | ▼ 5.5% |
| Trade receivables40 | - | €135 | €123 | €0 | - | - |
| Other amounts receivable41 | - | €127 | €83,500 | €89,100 | €84,162 | ▼ 5.5% |
| Current investments50/53 | €831 | €832 | €0 | - | - | - |
| Cash at bank and in hand54/58 | €90,978 | €94,787 | €1,256 | €2,032 | €2,738 | ▲ 34.7% |
| Deferred charges and accrued income490/1 | - | €348 | €0 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €234,570 | €212,973 | €806,973 | €803,298 | €789,649 | ▼ 1.7% |
| Equity10/15 | €224,738 | €208,754 | €217,778 | €245,124 | €245,280 | ▲ 0.1% |
| Contributions10/11 | €173,525 | €173,525 | €173,525 | €173,525 | €173,525 | = |
| Capital10 | - | €173,525 | €173,525 | €173,525 | €173,525 | = |
| Issued capital100 | - | €173,525 | €173,525 | €173,525 | €173,525 | = |
| Reserves13 | €51,213 | €35,228 | €44,252 | €71,599 | €71,755 | ▲ 0.2% |
| Non-distributable reserves130/1 | - | €7,833 | €7,833 | €7,833 | €7,989 | ▲ 2.0% |
| Legal reserve130 | - | €7,833 | €7,833 | €7,833 | €7,989 | ▲ 2.0% |
| Distributable reserves133 | - | €27,396 | €36,420 | €63,766 | €63,766 | = |
| Amounts payable17/49 | €9,832 | €4,219 | €589,195 | €558,174 | €544,368 | ▼ 2.5% |
| Amounts payable after more than one year17 | €8,565 | €1,890 | €549,565 | €514,173 | €478,002 | ▼ 7.0% |
| Financial debts170/4 | - | - | €545,515 | €510,123 | €473,952 | ▼ 7.1% |
| Other amounts payable178/9 | - | €1,890 | €4,050 | €4,050 | €4,050 | = |
| Amounts payable within one year42/48 | €1,267 | €2,329 | €39,630 | €44,001 | €65,968 | ▲ 49.9% |
| Current portion of amounts payable after more than one year42 | - | - | €34,630 | €38,307 | €36,171 | ▼ 5.6% |
| Trade debts44 | €917 | €2,148 | €0 | €1,482 | €0 | ▼ 100% |
| Suppliers440/4 | - | €2,148 | €0 | €1,482 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €182 | €0 | €3,213 | €58 | ▼ 98.2% |
| Taxes450/3 | - | €182 | €0 | €3,213 | €58 | ▼ 98.2% |
| Other amounts payable47/48 | - | - | €5,000 | €1,000 | €29,739 | ▲ 2,874% |
| Accrued charges and deferred income492/3 | - | - | - | - | €398 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€11,376 | -€15,984 | €9,024 | €27,346 | €156 | ▼ 99.4% |
| + Depreciation and write-downs630 | €21,172 | €20,186 | €12,650 | €9,928 | €9,418 | ▼ 5.1% |
| Operating cash flow (approximation) | €9,797 | €4,202 | €21,674 | €37,274 | €9,574 | ▼ 74.3% |
| Investment in fixed assets (approximation) | - | €856 | -€618,000 | €0 | €0 | - |
| Change in cash | - | €3,810 | -€93,532 | €777 | €706 | ▼ 9.1% |
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
20-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €27,346 ▲203%
Operating result €42,664, net result €27,346, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €9,024
Net result €9,024 after 2 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Weakest financial yearnet -€15,984
Net result drops to -€15,984, the lowest in the series.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
26-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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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Structure & network
Owners and holdings
1 owner · 1 holdingChain of control
- PEMACO
- SODECA
Highest known parent: PEMACO. The sources do not say who stands above it.
Owners 1
- PEMACOparent100%
Holdings 1
-
100%
According to the 2024 annual accounts of SODECA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.