Sodiwe
ActiveSummary
Sodiwe has been active since 1973 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €9.9m and a net result of €731,406. Equity is growing by ~8.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is < 0.1% (very low).
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Signals
This company filed its last 7 accounts on average 38 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 30% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2024, abbreviated schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 78, Employment activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 733 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 97% are still going.
- Medium-sized
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 733 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €7.6m | €8.6m | €9.2m | €9.5m | ▲ 2.8% |
| Turnover70 | €7.4m | €7.5m | €8.5m | €9.1m | €9.3m | ▲ 3.0% |
| Other operating income74 | - | €111,914 | €101,964 | €144,450 | €109,122 | ▼ 24.5% |
| Non-recurring operating income76A | - | €9,400 | - | - | €15,478 | - |
| Operating charges60/66A | - | €7.6m | €7.9m | €8.4m | €9.1m | ▲ 7.5% |
| Services and other goods61 | - | €1.8m | €2.1m | €2.1m | €2.3m | ▲ 11.9% |
| Remuneration, social security and pensions62 | - | €4.9m | €5.1m | €5.6m | €6.0m | ▲ 7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €595,468 | €574,635 | €563,328 | €556,038 | €429,043 | ▼ 22.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€180 | -€23,297 | -€19,987 | €21,757 | ▲ 209% |
| Other operating charges640/8 | - | €159,631 | €164,666 | €178,236 | €228,263 | ▲ 28.1% |
| Non-recurring operating charges66A | - | €175,025 | - | - | - | - |
| Operating profit (loss)9901 | €384,304 | €83,790 | €720,946 | €765,058 | €385,463 | ▼ 49.6% |
| Financial income75/76B | - | €309,163 | €135,153 | €201,104 | €402,690 | ▲ 100% |
| Recurring financial income75 | €97,572 | €94,304 | €133,519 | €201,104 | €402,178 | ▲ 100.0% |
| Other financial income752/9 | - | €94,304 | €133,519 | €201,104 | €402,178 | ▲ 100.0% |
| Non-recurring financial income76B | - | €214,859 | €1,634 | - | €512 | - |
| Financial charges65/66B | - | €71,817 | €108,992 | €52,227 | €56,747 | ▲ 8.7% |
| Recurring financial charges65 | €45,890 | €71,625 | €108,992 | €52,227 | €56,710 | ▲ 8.6% |
| Debt charges650 | €35,419 | €41,716 | €43,042 | €47,588 | €53,128 | ▲ 11.6% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | €12,195 | - | - | - |
| Other financial charges652/9 | - | €29,909 | €53,755 | €4,640 | €3,581 | ▼ 22.8% |
| Non-recurring financial charges66B | - | €192 | - | - | €37 | - |
| Profit (loss) for the period before taxes9903 | €435,795 | €321,136 | €747,106 | €913,935 | €731,406 | ▼ 20.0% |
| Profit (loss) for the period9904 | €435,795 | €321,136 | €747,106 | €913,935 | €731,406 | ▼ 20.0% |
| Profit (loss) for the period to be appropriated9905 | €435,795 | €321,136 | €747,106 | €913,935 | €731,406 | ▼ 20.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €31.4m | €37.9m | €40.9m | €38.7m | €40.6m | ▲ 4.7% |
| Fixed assets21/28 | €5.2m | €4.9m | €4.8m | €4.6m | €4.7m | ▲ 0.8% |
| Intangible fixed assets21 | €79,509 | €38,273 | €10,063 | €1 | €1 | = |
| Tangible fixed assets22/27 | €5.0m | €4.8m | €4.6m | €4.5m | €4.6m | ▲ 0.8% |
| Land and buildings22 | - | €4.2m | €4.2m | €4.3m | €4.2m | ▼ 2.2% |
| Plant, machinery and equipment23 | - | €231,655 | €246,686 | €132,530 | €306,811 | ▲ 132% |
| Furniture and vehicles24 | - | €108,926 | €54,550 | €6,017 | €12,390 | ▲ 106% |
| Leasing and similar rights25 | - | €77,674 | €46,602 | €15,530 | €61,588 | ▲ 297% |
| Assets under construction and advance payments27 | - | €176,043 | €67,604 | €115,072 | €19,249 | ▼ 83.3% |
| Financial fixed assets28 | €107,538 | €107,537 | €107,537 | €107,537 | €107,537 | = |
| Other financial fixed assets284/8 | - | €107,537 | €107,537 | €107,537 | €107,537 | = |
| Amounts receivable and cash guarantees285/8 | - | €107,537 | €107,537 | €107,537 | €107,537 | = |
| Current assets29/58 | €26.2m | €33.0m | €36.2m | €34.1m | €35.9m | ▲ 5.2% |
| Amounts receivable within one year40/41 | €774,105 | €764,364 | €783,544 | €730,614 | €783,248 | ▲ 7.2% |
| Trade receivables40 | - | €716,278 | €736,016 | €728,416 | €781,719 | ▲ 7.3% |
| Other amounts receivable41 | - | €48,087 | €47,527 | €2,198 | €1,529 | ▼ 30.4% |
| Current investments50/53 | €7.4m | €7.5m | €7.3m | €13.6m | €13.7m | ▲ 0.6% |
| Cash at bank and in hand54/58 | €17.8m | €24.6m | €27.9m | €19.5m | €21.2m | ▲ 8.3% |
| Deferred charges and accrued income490/1 | - | €169,027 | €202,888 | €215,639 | €235,661 | ▲ 9.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €31.4m | €37.9m | €40.9m | €38.7m | €40.6m | ▲ 4.7% |
| Equity10/15 | €7.1m | €7.5m | €8.2m | €9.1m | €9.9m | ▲ 8.0% |
| Profit (loss) carried forward14 | €7.1m | €7.5m | €8.2m | €9.1m | €9.9m | ▲ 8.0% |
| Provisions and deferred taxes16 | €104,818 | €65,973 | €113,864 | €115,491 | €122,866 | ▲ 6.4% |
| Provisions for liabilities and charges160/5 | - | €65,973 | €113,864 | €115,491 | €122,866 | ▲ 6.4% |
| Major repairs and maintenance162 | - | - | - | - | €122,866 | - |
| Other liabilities and charges164/5 | - | €65,973 | €113,864 | €115,491 | - | - |
| Amounts payable17/49 | €24.2m | €30.4m | €32.6m | €29.5m | €30.6m | ▲ 3.6% |
| Amounts payable after more than one year17 | €1.0m | €906,148 | €743,945 | €584,519 | €483,311 | ▼ 17.3% |
| Financial debts170/4 | - | €647,197 | €485,811 | €327,930 | €240,238 | ▼ 26.7% |
| Leasing and similar obligations172 | - | €62,197 | €30,811 | €2,930 | €45,238 | ▲ 1,444% |
| Credit institutions173 | - | €585,000 | €455,000 | €325,000 | €195,000 | ▼ 40.0% |
| Other amounts payable178/9 | - | €258,950 | €258,133 | €256,589 | €243,073 | ▼ 5.3% |
| Amounts payable within one year42/48 | €23.1m | €29.5m | €31.8m | €28.9m | €30.0m | ▲ 4.0% |
| Current portion of amounts payable after more than one year42 | - | €157,949 | €158,459 | €153,632 | €145,630 | ▼ 5.2% |
| Trade debts44 | €533,258 | €524,900 | €608,500 | €552,842 | €640,833 | ▲ 15.9% |
| Suppliers440/4 | - | €524,900 | €608,500 | €552,842 | €640,833 | ▲ 15.9% |
| Advances received on contracts in progress46 | - | €27.5m | €29.7m | €26.8m | €27.9m | ▲ 3.9% |
| Taxes, remuneration and social security45 | - | €1.2m | €1.3m | €1.3m | €1.4m | ▲ 4.0% |
| Taxes450/3 | - | €644,249 | €674,012 | €603,686 | €634,095 | ▲ 5.0% |
| Remuneration and social security454/9 | - | €600,069 | €671,977 | €734,584 | €757,902 | ▲ 3.2% |
| Accrued charges and deferred income492/3 | - | €54,692 | €52,033 | €53,147 | €55,016 | ▲ 3.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €435,795 | €321,136 | €747,106 | €913,935 | €731,406 | ▼ 20.0% |
| + Depreciation and write-downs630 | €595,468 | €574,635 | €563,328 | €556,038 | €429,043 | ▼ 22.8% |
| Operating cash flow (approximation) | €1.0m | €895,771 | €1.3m | €1.5m | €1.2m | ▼ 21.1% |
| Investment in fixed assets (approximation) | - | -€286,152 | -€397,248 | -€439,927 | -€466,061 | ▼ 5.9% |
| Change in cash | - | €6.8m | €3.3m | -€8.3m | €1.6m | ▲ 119% |
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
17-07
State Gazette act
Appointment: Moore, Audit BV (statutory auditor)Permanent representative: STEFAN BOONEN11 facts ▸
- Director in office, Tollenaere Filip (algemeen directeur bestuurder)
- Director in office, Weckhuysen Patrik (chair)
- Director in office, Dielens Roel (vice-chair)
- Board composition, Weckhuysen Patrik (director)
- Board composition, Biesemans Didier (director)
- Board composition, Baute Dirk (director)
- Board composition, Verschueren Walter (director)
- Board composition, Dielens Roel (director)
- Board composition, Tollenaere Filip (director)
- Auditor appointment, Moore, Audit BV
- Permanent representative, STEFAN BOONEN (representative)
12-05
State Gazette act
Resignation: Vertongen Guy (director)Appointment: De Roover & :partners bedrijfsrevisoren BV (statutory auditor)11 facts ▸
- Director in office, Tollenaere Filip (algemeen directeur bestuurder)
- Director in office, Weckhuysen Patrik (chair)
- Director in office, Dielens Roel (vice-chair)
- Board composition, Weckhuysen Patrik (director)
- Board composition, Biesemans Didier (director)
- Board composition, Baute Dirk (director)
- Board composition, Verschueren Walter (director)
- Board composition, Dielens Roel (director)
- Board composition, Tollenaere Filip (director)
- Director resignation, Vertongen Guy
- Auditor appointment, De Roover & :partners bedrijfsrevisoren BV (statutory auditor)
About the unread acts
Of the 31 Belgian State Gazette acts we know for this company, 2 have been read. The other 29 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Statutory auditor 1
Not every act has been read: a resignation may be missing here
4 establishment units
4 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72015C0697/00T000 | Flanders | 1.5 ha | 1 · 4,007 m² | - |
| 24423H0364/00R000 | Flanders | 1.2 ha | 1 · 659 m² | 14.8 m · 4 fl. |
| 11052A0107/00S000 | Flanders | 1,845 m² | 1 · 849 m² | 20.8 m · 3 fl. |
| 12403D0013/00A000 | Flanders | 868 m² | 1 · 145 m² | 26.8 m · 8 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Moore Audit |
|
| De Roover & Partners Bedrijfsrevisoren |
|
| Vertongen Guy |
|
Articles of association
Full text
Ondernemingsnr: 0413 278 990 Naam (voluit): Sodiwe (verkort): Rechtsvorm: vzw Volledig adres v.d. zetel: Van Benedenlaan 32 te 2800 Mechelen Onderwerp akte: AKTE BETREFFENDE DE PERSONEN GEMACHTIGD OM DE VERENIGING TE VERTEGENWOORDIGEN 1.Bevoegdheden: -Algemeen Directeur-Bestuurder: -Voorzitter: -Ondervoorzitter: Dhr. Tollenaere Filip Dhr. Weckhuysen Patrik Dhr. Dielens Roel De Algemeen Directeur-Bestuurder heeft, naast een individuele en onbeperkte volmacht voor dagelijks bestuur, ook een individueel en onbeperkte volmacht voor bancaire en financiële verrichtingen conform art 12 van de statuten.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 1,704 EUR awarded · 1,704 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,704 EUR | 1,704 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
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Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
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