Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2022 to 2025 closed with a loss. 2022 was the heaviest.
Lower solvency than 95% of companies in fabricated metal products. Sector median 43.2% · 453 companies.
In July 2024, 6,920 companies had the same profile as SODIC has now. Each dot stands for 18 companies, two years later.
Another 0.7% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,920 companies, not a prediction for SODIC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| SODIC Mettet | €829 | -€1,268 | -1361.6% | - |
| IRO IRO Lubbeek | €5,984 | - | 78.3% | - |
| ETS COMETTI Eghezée | €7,613 | -€27,216 | -540.1% | - |
| JVHDT Uccle | €2,100 | -€2,679 | -259.6% | - |
| SYCA GROUP Flémalle | €6,291 | €2,930 | 65.6% | - |
These companies have the same main activity as SODIC: manufacture of fabricated metal products, except machinery and equipment (NACE 25999). They are larger than SODIC: total assets between €2,100 and €7,610, founded between 2002 and 2025.
SODIC has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€11,283) and a net result of -€1,310.
Equity has been shrinking by about 37% per year since 2018. Its solvency ranks better than 5% of 453 sector peers (NACE 25, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 95% of 718 companies in 2021.
Higher than 32% of 716 companies in 2021.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||
20/58 |
829 | 2,138 | 3,804 | 4,443 | 8,059 | 7,941 | 8,534 | 7,621 | 8,122 | 8,652 | 8,824 | 8,610 | 8,675 | 7,898 | 8,155 | 8,132 | 8,654 | 9,501 | |
20 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
21 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
22 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
23 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
24 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
26 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
27 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
28 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
29/58 |
829 | 2,138 | 3,804 | 4,443 | 8,059 | 7,941 | 8,534 | 7,621 | 8,122 | 8,652 | 8,824 | 8,610 | 8,675 | 7,898 | 8,155 | 8,132 | 8,654 | 9,501 | |
290 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
291 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
3 |
92 | 92 | 92 | 92 | 92 | 92 | 92 | 326 | 464 | 601 | 1,518 | 2,709 | 2,938 | 3,305 | 3,763 | 3,992 | 4,170 | 3,174 | |
30/36 |
92 | 92 | 92 | 92 | 92 | 92 | 92 | 326 | 464 | 601 | 1,518 | 2,709 | 2,938 | 3,305 | 3,763 | 3,992 | 4,170 | 3,174 | |
37 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
40/41 |
558 | 554 | 549 | 544 | 234 | 223 | 212 | 202 | 238 | 266 | 240 | 121 | 37 | - | - | 80 | - | 187 | |
40 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 88 | |
41 |
558 | 554 | 549 | 544 | 234 | 223 | 212 | 202 | 238 | 266 | 240 | 121 | 37 | - | - | 80 | - | 99 | |
50/53 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
54/58 |
179 | 1,493 | 3,163 | 3,808 | 7,734 | 7,627 | 8,231 | 7,093 | 7,421 | 7,785 | 7,067 | 5,779 | 5,699 | 4,593 | 4,392 | 4,060 | 4,485 | 6,140 | |
490/1 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||
10/49 |
829 | 2,138 | 3,804 | 4,443 | 8,059 | 7,941 | 8,534 | 7,621 | 8,122 | 8,652 | 8,824 | 8,610 | 8,675 | 7,898 | 8,155 | 8,132 | 8,654 | 9,501 | |
10/15 |
-11,283 | -9,973 | -8,307 | -7,668 | 8,059 | 7,941 | 8,534 | 7,621 | 8,122 | 8,652 | 8,824 | 8,610 | 8,675 | 7,826 | 8,124 | 8,132 | 8,556 | 8,539 | |
10/11 |
0 | 0 | 0 | - | 12,211 | 12,211 | 12,211 | 12,211 | 12,211 | 12,211 | 12,211 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | |
100 |
- | - | - | - | 12,211 | 12,211 | 12,211 | 12,211 | 12,211 | 12,211 | 12,211 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | |
14 |
-11,283 | -9,973 | -8,307 | -7,668 | -4,152 | -4,270 | -3,677 | -4,590 | -4,089 | -3,560 | -3,387 | -3,890 | -3,825 | -4,674 | -4,376 | -4,368 | -3,944 | -3,961 | |
17/49 |
12,111 | 12,111 | 12,111 | 12,111 | - | - | - | - | - | - | - | - | - | 72 | 31 | - | 98 | 962 | |
17 |
12,111 | 12,111 | 12,111 | 12,111 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
170/4 |
12,111 | 12,111 | 12,111 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
178/9 |
- | - | - | 12,111 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
42/48 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 72 | 31 | - | 98 | 962 | |
47/48 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 72 | 31 | - | 98 | 962 | |
| Income statement | |||||||||||||||||||
70 |
- | 0 | 0 | 0 | 0 | 0 | 0 | 212 | 185 | 1,421 | 2,330 | 908 | - | 776 | 642 | 836 | 2,247 | 1,824 | |
9900 |
-1,268 | -1,616 | -561 | -3,451 | 172 | -542 | -543 | -462 | -493 | -135 | 541 | -25 | 891 | -255 | 39 | -415 | 6 | -4,023 | |
60/61 |
1,268 | 1,616 | 561 | 3,451 | - | 542 | 543 | 674 | 678 | 1,555 | 1,789 | 933 | - | 1,031 | 602 | 1,252 | 2,241 | 5,847 | |
631/4 |
- | - | - | - | - | - | -1,503 | - | - | - | - | - | - | - | - | - | - | - | |
9901 |
-1,268 | -1,616 | -561 | -3,451 | 172 | -542 | 960 | -462 | -493 | -135 | 541 | -25 | 891 | -255 | 39 | -415 | 6 | -4,023 | |
75/76B |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 16 | 30 | 97 | |
75 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 16 | 30 | 97 | |
65/66B |
42 | 50 | 78 | 65 | 54 | 51 | 47 | 39 | 37 | 38 | 38 | 41 | 41 | 43 | 47 | 25 | 18 | 35 | |
65 |
42 | 50 | 78 | 65 | 54 | 51 | 47 | 39 | 37 | 38 | 38 | 41 | 41 | 43 | 47 | 25 | 18 | 35 | |
9903 |
-1,310 | -1,666 | -640 | -3,516 | 118 | -593 | 913 | -501 | -530 | -172 | 503 | -65 | 849 | -298 | -8 | -424 | 17 | -3,961 | |
9904 |
-1,310 | -1,666 | -640 | -3,516 | 118 | -593 | 913 | -501 | -530 | -172 | 503 | -65 | 849 | -298 | -8 | -424 | 17 | -3,961 | |
9905 |
-1,310 | -1,666 | -640 | -3,516 | 118 | -593 | 913 | -501 | -530 | -172 | 503 | -65 | 849 | -298 | -8 | -424 | 17 | -3,961 | |
| Appropriation of the result | |||||||||||||||||||
9906 |
-11,283 | -9,973 | -8,307 | -7,668 | -4,152 | -4,270 | -3,677 | -4,590 | -4,089 | -3,560 | -3,387 | -3,890 | -3,825 | -4,674 | -4,376 | -4,368 | -3,944 | -3,961 | |
14P |
-9,973 | -8,307 | -7,668 | -4,152 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | |
691 |
- | - | - | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | |
694 |
- | - | - | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||
9087 |
- | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||
The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 02-02-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 02-02-2026 | 2026-00027556 | |
| 31-12-2024 | full format | 02-02-2025 | 2025-00027616 | |
| 31-12-2023 | full format | 01-02-2024 | 2024-00023777 | |
| 31-12-2022 | full format | 02-02-2023 | 2023-00019523 | |
| 31-12-2021 | full format | 01-02-2022 | 2022-04700300 | |
| 31-12-2020 | micro format | 04-02-2021 | 2021-04800162 | |
| 31-12-2019 | full format | 03-02-2020 | 2020-04300102 | |
| 31-12-2018 | full format | 02-02-2019 | 2019-04500339 | |
| 31-12-2017 | full format | 04-02-2018 | 2018-04500501 | |
| 31-12-2016 | full format | 01-02-2017 | 2017-03600070 | |
| 31-12-2015 | full format | 03-02-2016 | 2016-03900039 | |
| 31-12-2014 | full format | 01-02-2015 | 2015-03400489 | |
| 31-12-2013 | full format | 03-02-2014 | 2014-02700103 | |
| 31-12-2012 | full format | 02-02-2013 | 2013-02700486 | |
| 31-12-2011 | full format | 02-02-2012 | 2012-02600099 | |
| 31-12-2010 | full format | 05-02-2011 | 2011-02700239 | |
| 31-12-2009 | full format | 11-02-2010 | 2010-04200356 | |
| 31-12-2008 | full format | 04-02-2009 | 2009-03500095 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1,314 | -1,670 | -645 | -3,926 | 107 | -604 | 1,137 | -328 | -364 | 718 | 1,288 | 80 | 1,106 | 201 | 332 | -425 | -1,655 | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 7,826 | 8,124 | - | 8,556 | 8,539 | ||
| - | - | - | - | - | - | - | - | - | -9.5% | 23.2% | -2.7% | - | -32.9% | 6.1% | -49.7% | 0.2% | - | ||
| - | - | - | - | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 99.1% | 99.6% | 100.0% | 98.9% | 89.9% | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 88.20 | 9.88 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 63.84 | - | - | 45.71 | 6.58 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 0.01 | 0.00 | - | 0.01 | 0.11 | ||
| - | - | - | - | 1.5% | -7.5% | 10.7% | -6.6% | -6.5% | -2.0% | 5.7% | -0.8% | 9.8% | -3.8% | -0.1% | -5.2% | 0.2% | -46.4% | ||
| - | - | - | - | 1.5% | -7.5% | 10.7% | -6.6% | -6.5% | -2.0% | 5.7% | -0.8% | 9.8% | -3.8% | -0.1% | -5.2% | 0.2% | -41.7% | ||
| - | - | - | - | - | - | - | 348 days | 468 days | 68 days | 38 days | 49 days | - | - | - | 35 days | - | 18 days |
EBIT margin. Not meaningful: turnover is only a small part of operating income.
The ratios are withheld because a balance sheet total of €829 is too small for a meaningful ratio.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2025 is a loss of €1,268, smaller than the loss of €1,616 in 2024.
Equity is negative. Debt (€12,111) exceeds the balance-sheet total (€829).
SODIC has no parent and no holdings in its annual accounts. is the only director. SODIC shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue de Fenal, Furnaux 27 registered office 5641 Mettet 24100 Manufacture of basic metals | 06-07-2007 | 2.163.851.254 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 92051A0059/00S000 | 1,093 m² | 1 · 96 m² | 8.6 m · 2 |
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