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SODECAZ

Active
Private limited companyfounded 2001active for 25 yearsRue Cazeau(TEM) 67, 7520 Tournai, BelgiumKBO/BCE: BE 0475.050.273

From the official registers: KBO 26 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of SODECAZ is 3.7% (moderate). The 2025 annual accounts show negative equity (-€18,299) and a net result of -€8,049. Equity has been shrinking by about 38% per year since 2018. Its solvency ranks better than 7% of 2,790 sector peers (NACE 41, financial year 2025). The company has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 20-06-2001 Normal situation
Activity
General construction of residential buildings NACE 41001
Establishment unit
2.098.267.475 7520 Tournai, since 06-08-2001
Financial year end
31 December
Peppol
Reachable since 02-04-2026

Financial position

47 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.7%
Annual accounts 2025
Gross margin
€5,627
▲ 278%
Turnover
≈ €70,000
estimated
Loss
€8,049
▼ 36.8%
Equity
-€18,299
▼ 78.5%
Total assets
€76,658
▼ 14.4%
Filed on 31-08-2026, 31 days after the deadlineat the National Bank
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Last filed accounts filed 31 days late; 2 of the last 3 accounts lateLoss of €8,049, the second in a row (financial year 2025)lowers riskSize: total assets €76,658Show the evidence

Checked score

Score 2025
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 13% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Weak
Solvency 1-13
equity -23.9% of total assets
Liquidity 8+2
short-term debt 102.9% · cash 6.4%
Profitability 56+44
return on assets -10.5%
Bankruptcy probability within 12 months
3.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,451 companies, NACE 41, micro)
Last 24 months 11-2024: 2.4% 12-2024: 2.4%● unchanged vs 11-2024 01-2025: 2.4%● unchanged vs 12-2024 02-2025: 2.4%● unchanged vs 01-2025 03-2025: 1.3%▼ -1.1 percentage points vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.2%▼ -0.1 percentage points vs 04-2025 06-2025: 1.2%● unchanged vs 05-2025lowest value 07-2025: 1.4%▲ +0.2 percentage points vs 06-2025 08-2025: 2.9%▲ +1.5 percentage points vs 07-2025 09-2025: 2.9%● unchanged vs 08-2025 10-2025: 2.9%● unchanged vs 09-2025 11-2025: 2.9%● unchanged vs 10-2025 12-2025: 2.9%● unchanged vs 11-2025 01-2026: 2.9%● unchanged vs 12-2025 02-2026: 2.9%● unchanged vs 01-2026 03-2026: 2.9%● unchanged vs 02-2026 04-2026: 2.9%● unchanged vs 03-2026 05-2026: 2.8%▼ -0.1 percentage points vs 04-2026 06-2026: 2.7%▼ -0.1 percentage points vs 05-2026 07-2026: 2.9%▲ +0.2 percentage points vs 06-2026 08-2026: 3.5%▲ +0.6 percentage points vs 07-2026 09-2026: 3.7%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 3.7%● unchanged vs 09-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.26 (0.27 in 2024), below 1. Short-term debt is 102.9% and cash 6.4% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 7% of them on solvency, 8% on liquidity, 31% on profitability and 7% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Last filed accounts filed 31 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €76,658
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €8,049, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€18,299
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filings
Deviation from the deadline
2025
31 days late
2024
3 days early
2023
on the day
2022
5 days early
2021
4 days early
2020
4 days early
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 2 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€18,299 View
  • Risk: 6 loss-making years in a rowloss in financial year 2025 -€8,049 View
  • Caution: Lower solvency than 93% of companies in construction of buildingssector median 38.6% · 2,790 companies -23.9% View

Comparable companies

These companies have the same main activity as SODECAZ: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €50,700 and €98,900, founded between 1998 and 2005.

CompanyTotal assetsGross margin
SODECAZ Tournai€76,658€5,627
COGEFA Mons€62,257€4,913
A.V.L. BOUWWERKEN Beringen€85,424€5,107
BATISSIMO Quaregnon€82,494€4,381
IMMO A9 Aiseau-Presles€98,868€4,741
G.R.F. ENTREPRISES GENERALES Charleroi€78,450€8,246
SUNSTONE Lessines€50,662€5,547
Full comparison

Documents

Annual accounts at the NBB

All 26 annual accounts

Articles and registers

Key facts about SODECAZ

What is the company number of SODECAZ?
The company number of SODECAZ is 0475.050.273. The VAT number is the same number with BE in front: BE 0475.050.273.
Where is SODECAZ based?
The registered office is at Rue Cazeau(TEM) 67, 7520 Tournai.Company details
What does SODECAZ do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of SODECAZ?
The legal form of SODECAZ is Private limited company (BV).
When was SODECAZ founded?
SODECAZ was founded on 20-06-2001.
Is SODECAZ still active?
Yes, SODECAZ is an active enterprise in the KBO register.
What is the turnover of SODECAZ?
The turnover in financial year 2025 is ≈ €70,000. This figure is estimated from the gross margin of €5,627 and 73 comparable companies (NACE 41001). It probably lies between €32,000 and €130,000. It is a rough estimate.Financials
Is SODECAZ profitable?
In financial year 2025, SODECAZ made a loss of €8,049.
Where can I find the annual accounts of SODECAZ?
SODECAZ filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of SODECAZ due?
SODECAZ must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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