SODENAL
ActiveSODENAL has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.04M and a net result of €137k. Equity is growing by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 18% of 8002 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability20=
Solvency35=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 1.11 in 2024; short-term debt: 89.5% and cash: 5.4% of total assets), and 89.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
10.4%
Return on assets
1.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 8002 sector peers (2025).
NBB · sector comparisonPosition among 8002 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
34 d early
2023
19 d early
2022
7 d late
2021
11 d late
2020
2 d early
2019
on the day
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.04M▲ 15.2%
2024 · €902k
2018: €551k
2019: €639k
2020: €689k
2021: €739k
2022: €765k
2023: €806k
2024: €902k
2018 → 2025
Total assets
€9.99M▲ 15.2%
2024 · €8.67M
2018: €2.56M
2019: €3.38M
2020: €3.54M
2021: €3.06M
2022: €2.80M
2023: €7.12M
2024: €8.67M
2018 → 2025
Net result
€137k▲ 41.6%
2024 · €97k
2018: €65k
2019: €88k
2020: €51k
2021: €50k
2022: €26k
2023: €40k
2024: €97k
2018 → 2025
Working capital
€1.02M▲ 16.5%
2024 · €873k
2018: €477k
2019: €553k
2020: €610k
2021: €672k
2022: €720k
2023: €769k
2024: €873k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€739k-€765k▲ 3.6%€806k▲ 5.2%€902k▲ 12.0%€1.04M▲ 15.2%
Operating result€67k-€36k▼ 46.7%€3k▼ 91.7%€-31k€-27k▲ 13.6%
Net result€50k-€26k▼ 47.2%€40k▲ 52.5%€97k▲ 142%€137k▲ 41.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €27k in 2025 against €31k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.99M
Fixed assets
€28k▼ 18.7%
Current assets
€9.96M▲ 15.3%
Equity and liabilities €9.99M
Equity
€1.04M▲ 15.2%
Provisions
€3k=
Debt
€8.95M▲ 15.2%
The debt ratio stays at 89.6%.
Key figures and ratios
EBITDA
€-21k▲
2024 · €-25k
Cash flow
€144k▲
2024 · €104k
Solvency
10.4%=
2024 · 10.4%
Current ratio
1.11▲
2024 · 1.11
Quick ratio
1.11▲
2024 · 1.09
Debt / equity
8.61=
2024 · 8.61
ROE
13.2%▲
2024 · 10.7%
ROA
1.4%▲
2024 · 1.1%
Interest coverage
-0.85▲
2024 · -1.27
Debt
€8.95M▲
2024 · €7.77M
Debt ≤ 1 year
€8.95M▲
2024 · €7.77M
Income taxes
€46k▲
2024 · €32k
Staff costs
€-100▼
2024 · €39
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€8.67M€9.99M▲
Fixed assets21/28€35k€28k▼
Tangible fixed assets22/27€25k€18k▼
Land and buildings22€22k€18k▼
Plant, machinery and equipment23€3k€796▼
Financial fixed assets28€10k€10k=
Current assets29/58€8.64M€9.96M▲
Stocks and contracts in progress3€140k€61k▼
Stocks30/36€140k€61k▼
Amounts receivable within one year40/41€1.01M€2.98M▲
Trade receivables40€988k€994k▲
Other amounts receivable41€21k€1.98M▲
Current investments50/53€7.37M€6.39M▼
Cash at bank and in hand54/58€124k€535k▲
Equity and liabilities
Total equity and liabilities10/49€8.67M€9.99M▲
Equity10/15€902k€1.04M▲
Contributions10/11€270k€270k=
Reserves13€27k€27k=
Distributable reserves133€27k€27k=
Profit (loss) carried forward14€595k€733k▲
Investment grants15€10k€10k=
Provisions and deferred taxes16€3k€3k=
Provisions for liabilities and charges160/5€3k€3k=
Major repairs and maintenance162€3k€3k=
Amounts payable17/49€7.77M€8.95M▲
Amounts payable within one year42/48€7.77M€8.95M▲
Trade debts44€66k€7k▼
Suppliers440/4€66k€7k▼
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48€7.70M€8.94M▲
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€39€-100▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▼
Other operating charges640/8€14k€14k▼
Gross operating margin9900€-10k€-7k▲
Operating profit (loss)9901€-31k€-27k▲
Financial income75/76B€180k€234k▲
Recurring financial income75€180k€234k▲
Non-recurring financial income76B€180k€234k▲
Financial charges65/66B€19k€24k▲
Recurring financial charges65€19k€24k▲
Non-recurring financial charges66B€19k€24k▲
Profit (loss) for the period before taxes9903€129k€183k▲
Income taxes67/77€32k€46k▲
Profit (loss) for the period9904€97k€137k▲
Profit (loss) for the period to be appropriated9905€97k€137k▲
Appropriation of the result
Profit (loss) to be appropriated9906€595k€733k▲
Profit (loss) brought forward from the previous period14P€498k€595k▲
The notes to these accounts (7 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
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €137k ▲41.6%
Net result €137k, the highest in the series.
31-12
Financial
Equity above €1MEq €1.04M ▲15.2%
8 profitable years in a row build equity to €1.04M.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 7 days late
2022
31-12
Financial
Weakest financial yearnet €26k ▼47.2%
Net result drops to €26k, the lowest in the series; recovery starts the following year.
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 11 days late
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 5 days late
2018
29-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 1955
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.
Pater Verbiststraat 332610 AntwerpenGround area
234 m²
Building footprint
105 m²
Volume, LiDAR
947 m³
Parcel 11051B0361/00W004, Flanders · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Pater Verbiststraat 33, 2610 Antwerpen
since 19552.006.042.845
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11051B0361/00W004 | Flanders | 234 m² | 1 · 105 m² | 9.9 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.006.042.845
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JARO
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Monarti
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JACON
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Of 699 companies in sector 46392 we hold annual accounts for 486. 313 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL
46392Non-specialised wholesale
51392
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.