SoeaSack
ActiveSummary
The computed 12-month bankruptcy probability of SoeaSack is 3.2% (moderate). The 2025 annual accounts show negative equity (-€17,281) and a net result of €2,938. Equity has been shrinking by about 12% per year since 2020. Its solvency ranks better than 9% of 9,848 sector peers (NACE 46, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 19-09-2019 Normal situation
- Activity
- Agents specialised in the wholesale of other particular products NACE 46180and 5 others
- Establishment units
- 2.293.897.966 2890 Puurs-Sint-Amands, since 19-09-2019
- 2.320.440.235 5580 Rochefort, since 12-08-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.2%
- Gross margin
- €6,065
- ▲ 8.7%
- Turnover
- ≈ €36,000
- estimated
- Profit
- €2,938
- ▲ 19.8%
- Equity
- -€17,281
- ▲ 14.5%
- Total assets
- €74,344
- ▲ 2.0%
- Negative equity on 31-12-2025
- 2025 accounts filed 61 days after the deadline
Score breakdownraises riskLast filed accounts filed 61 days late; 3 of the last 3 accounts lateFounded in 20192 establishment unitslowers riskSize: total assets €74,344Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro). It does better than 12% of them on solvency, 7% on liquidity, 37% on profitability and 70% on growth.
The bankruptcy probability was computed on 03-11-2026 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
The company filed its last 6 accounts on average 51 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 61 days after the deadline Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00546976.
Annual accounts 2025 filed on 30-09-2026 at the NBB all 6 filings
Every figure per financial year
The operating result for 2025 is 16% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €785 |
| Depreciation and write-downs of the year | €501 | €501 | €29 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €119 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €472 | €501 | €501 | €29 | - | - | - |
| Other operating charges640/8 | - | €101 | €450 | €588 | €570 | €408 | ▼ 28.5% |
| Gross operating margin9900 | -€4,854 | -€4,534 | -€2,533 | -€551 | €5,579 | €6,065 | ▲ 8.7% |
| Operating profit (loss)9901 | -€25,466 | -€5,135 | -€3,483 | -€1,168 | €4,890 | €5,657 | ▲ 15.7% |
| Financial income75/76B | - | €12 | - | €350 | €1 | - | - |
| Recurring financial income75 | - | €12 | - | €350 | €1 | - | - |
| Financial charges65/66B | - | €1,435 | €1,818 | €2,958 | €2,439 | €2,719 | ▲ 11.5% |
| Recurring financial charges65 | €1,569 | €1,435 | €1,818 | €2,958 | €2,439 | €2,719 | ▲ 11.5% |
| Profit (loss) for the period before taxes9903 | -€27,035 | -€6,559 | -€5,301 | -€3,775 | €2,452 | €2,938 | ▲ 19.8% |
| Income taxes67/77 | - | - | - | -€0 | €0 | - | - |
| Profit (loss) for the period9904 | -€27,035 | -€6,559 | -€5,301 | -€3,775 | €2,452 | €2,938 | ▲ 19.8% |
| Profit (loss) for the period to be appropriated9905 | -€27,035 | -€6,559 | -€5,301 | -€3,775 | €2,452 | €2,938 | ▲ 19.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €59,252 | €62,385 | €65,264 | €65,640 | €72,909 | €74,344 | ▲ 2.0% |
| Fixed assets21/28 | €1,030 | €529 | €29 | - | - | €785 | - |
| Tangible fixed assets22/27 | €1,030 | €529 | €29 | - | - | €785 | - |
| Plant, machinery and equipment23 | - | €529 | €29 | - | - | €785 | - |
| Current assets29/58 | €58,222 | €61,855 | €65,235 | €65,640 | €72,909 | €73,559 | ▲ 0.9% |
| Stocks and contracts in progress3 | €55,538 | €59,331 | €63,155 | €63,155 | €59,331 | €59,331 | = |
| Stocks30/36 | - | €59,331 | €63,155 | €63,155 | €59,331 | €59,331 | = |
| Amounts receivable within one year40/41 | €2,342 | €1,765 | €1,714 | €2,129 | €13,382 | €11,980 | ▼ 10.5% |
| Trade receivables40 | - | €1,287 | €844 | €1,914 | €13,080 | €6,833 | ▼ 47.8% |
| Other amounts receivable41 | - | €478 | €870 | €214 | €303 | €5,147 | ▲ 17× |
| Cash at bank and in hand54/58 | €342 | €759 | €349 | €340 | €196 | €2,248 | ▲ 11× |
| Deferred charges and accrued income490/1 | - | - | €17 | €17 | - | - | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €59,252 | €62,385 | €65,264 | €65,640 | €72,909 | €74,344 | ▲ 2.0% |
| Equity10/15 | -€7,035 | -€13,594 | -€18,895 | -€22,671 | -€20,219 | -€17,281 | ▲ 14.5% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€27,035 | -€33,594 | -€38,895 | -€42,671 | -€40,219 | -€37,281 | ▲ 7.3% |
| Amounts payable17/49 | €66,287 | €75,979 | €84,159 | €88,311 | €93,127 | €91,624 | ▼ 1.6% |
| Amounts payable within one year42/48 | €65,968 | €75,510 | €84,159 | €88,311 | €93,127 | €91,130 | ▼ 2.1% |
| Financial debts43 | - | €15,720 | €19,638 | €21,743 | €11,441 | €23,570 | ▲ 106% |
| Credit institutions430/8 | - | €15,720 | €19,638 | €21,743 | €11,441 | €23,570 | ▲ 106% |
| Trade debts44 | €905 | €1,254 | €720 | €720 | €724 | €3,254 | ▲ 350% |
| Suppliers440/4 | - | €1,254 | €720 | €720 | €724 | €3,254 | ▲ 350% |
| Taxes, remuneration and social security45 | - | - | €98 | €99 | €185 | €497 | ▲ 168% |
| Taxes450/3 | - | - | €98 | €99 | €185 | €497 | ▲ 168% |
| Other amounts payable47/48 | - | €58,536 | €63,703 | €65,749 | €80,777 | €63,810 | ▼ 21.0% |
| Accrued charges and deferred income492/3 | - | €469 | - | - | - | €494 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€27,035 | -€6,559 | -€5,301 | -€3,775 | €2,452 | €2,938 | ▲ 19.8% |
| + Depreciation and write-downs630 | €472 | €501 | €501 | €29 | - | - | - |
| Operating cash flow (approximation) | -€26,564 | -€6,058 | -€4,801 | -€3,746 | €2,452 | €2,938 | ▲ 19.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - | - |
| Change in cash | - | €417 | -€410 | -€9 | -€144 | €2,053 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 906 companies had the same profile as SoeaSack has now. Two years later, 89.3% were still going and 6.1% had gone bankrupt.
- Micro
- 5 to 10 years old
- negative equity
- a profit under 5% of the balance sheet
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SoeaSack itself: 3.2% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 906 companies, not a prediction for SoeaSack. 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.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-09-2026 | 2026-00546976 | |
| 31-12-2024 | abbreviated format | 31-08-2025 | 2025-00482250 | |
| 31-12-2023 | abbreviated format | 30-09-2024 | 2024-00485422 | |
| 31-12-2022 | abbreviated format | 27-10-2023 | 2023-00495651 | |
| 31-12-2021 | abbreviated format | 31-08-2022 | 2022-20425635 | |
| 31-12-2020 | abbreviated format | 31-08-2021 | 2021-66200102 |
Board & ownership
Directors
Owners and capital
Owners
Network & group
SoeaSack shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of SoeaSack. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
20-08
Gazette deed
Power of attorney: Renate De Koker3 points ▸
- General meeting, 13-08-2025
- Other provision, “bijzonder verslag bestuursorgaan over wijziging voorwerp, artikel 5:101 WVV” (deed in Dutch)
- Power of attorney, Renate De Koker
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
15 activities
- Administratieve dienstverlening en ondersteuning in de meest ruime zin aan derden zoals de algemene administratie,financiële planning,de facturatie,de boekhoudkundige verwerking van documenten,activiteiten met betrekking tot personeelszaken,opvolging van klanten- en leveranciersdossiers,briefwisseling,de logistiek,enz.
- Aankoop,behandeling,verwerking en bereiding van beperkt houdbare al dan niet diepgevroren voedingsproducten en specialiteiten met vlees,vis,gevogelte,groenten,enz.,evenals de verkoop en levering van deze producten in kleinhandel en groothandel,aan de toog,via telefoon,fax,internet,sociale media,mobiele catering,foodtruck,eetkraampjes,enz.
- De handel,inkoop/verkoop,import/export van alle producten,goederen die hiermee gepaard gaan,zowel in binnen en buitenland,zowel in groot- als kleinhandel
- Elke activiteit behorende tot de horeca sector,zoals onder meer het uitbaten van een verbruikerssalon,snackbar,kantine,cafetaria,feestzaal,foodtruck,hamburgerkraam en andere
- Het organiseren van catering diensten,evenementen en congressen,feesten,seminars,cursussen,voordrachten,workshops,dit alles in de meest ruime betekenis
- Het verstrekken van bereide maaltijden,kleine eetwaren,dranken,enz,voor meestal eenmalige gebeurtenissen(event- en partycatering)zoals:huwelijken,bruiloften,feesten,recepties,banketten,cocktails,lunches en andere speciale feestelijke gelegenheden
- De verhuur van feesttenten,koelwagens,decoratie,keukengerei,feestmateriaal en horecamateriaal in het algemeen
- Het oprichten,kopen en verkopen,en de uitbating van horecazaken zoals onder meer foodtruck,snackbar,eetruimtes met beperkte bediening enz.
- De import,groothandel en kleinhandel,en handelsbemiddeling in het algemeen evenals de promotie op enigerlei wijze,van goederen geproduceerd of geteeld in Madagaskar waaronder voornamelijk de ambachtelijke geproduceerde of geteelde goederen
- De export,groothandel en kleinhandel,en handelsbemiddeling in het algemeen van nieuwe en tweedehandsvoertuigen zoals personenwagens,terreinwagens,personenwagens,enz.
- De export van uitrustingsgoederen naar Madagaskar
- De verhuur van nieuwe en tweedehands personenwagens en bestelwagens
- Het geven van adviezen,het maken van studies,het voorbereiden en op gang brengen van organisatiesystemen,het in toepassing brengen van systemen van gegevensverwerking en alle technieken in verband met het technisch administratief,economisch en algemeen beheer van ondernemingen
- Verkrijgen,uitbaten of afstaan van alle octrooien,merken,licentie en intellectuele rechten
- Het verkrijgen door aankoop of anderszins,verkopen,ruilen,verbeteren,uitrusten,verbouwen,belasten met,beschikken over,productief maken,het verhuren en in huur nemen,de leasing van alle onroerende goederen,in het algemeen alle onroerende verrichtingen
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Food safety, FASFC
1 siteSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12034A1129/00R000 | Flanders | 1,571 m² | 1 · 302 m² | 8.8 m · 1 |
| 91075A0775/00T000 | Wallonia | 466 m² | 1 · 13 m² | 8.7 m · 2 |