SOENEN
ActiveSOENEN has been active since 1973 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €179k and a net result of €14k. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 82% of 11185 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
83
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▼-5
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 4.8 against 3.17 in 2024), and 18.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
81.1%
Return on assets
6.3%
Age of the figures
8 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 →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
26 d late
2023
29 d late
2022
9 d late
2021
17 d late
2020
45 d early
2019
4 d late
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€179k▼ 1.8%
2024 · €182k
2018: €54k
2019: €70k
2020: €87k
2021: €109k
2022: €165k
2023: €182k
2024: €182k
2018 → 2025
Total assets
€221k▼ 11.0%
2024 · €248k
2018: €94k
2019: €99k
2020: €179k
2021: €253k
2022: €272k
2023: €266k
2024: €248k
2018 → 2025
Net result
€14k▼ 12.5%
2024 · €16k
2018: €20k
2019: €16k
2020: €17k
2021: €21k
2022: €66k
2023: €28k
2024: €16k
2018 → 2025
Working capital
€159k▲ 11.0%
2024 · €143k
2018: €45k
2019: €63k
2020: €75k
2021: €108k
2022: €137k
2023: €130k
2024: €143k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€109k-€165k▲ 51.8%€182k▲ 10.4%€182k=€179k▼ 1.8%
Operating result€33k-€99k▲ 201%€42k▼ 57.1%€21k▼ 51.0%€18k▼ 13.9%
Net result€21k-€66k▲ 209%€28k▼ 57.8%€16k▼ 43.0%€14k▼ 12.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 14% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €221k
Fixed assets
€20k▼ 48.4%
Current assets
€200k▼ 4.0%
Equity and liabilities €221k
Equity
€179k▼ 1.8%
Debt
€42k▼ 36.5%
The debt ratio falls from 26.6% to 18.9%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€37k▼
2024 · €42k
Cash flow
€33k▼
2024 · €38k
Solvency
81.1%▲
2024 · 73.4%
Current ratio
4.80▲
2024 · 3.17
Quick ratio
4.12▲
2024 · 2.86
Debt / equity
0.23▼
2024 · 0.36
ROE
7.8%▼
2024 · 8.7%
ROA
6.3%▼
2024 · 6.4%
Interest coverage
93.81▲
2024 · 63.21
Debt
€42k▼
2024 · €66k
Debt ≤ 1 year
€42k▼
2024 · €66k
Income taxes
€5k▼
2024 · €6k
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€248k€221k▼
Fixed assets21/28€39k€20k▼
Tangible fixed assets22/27€36k€17k▼
Plant, machinery and equipment23€1k€768▼
Furniture and vehicles24€34k€16k▼
Financial fixed assets28€4k€4k=
Current assets29/58€209k€200k▼
Stocks and contracts in progress3€21k€28k▲
Stocks30/36€21k€28k▲
Amounts receivable within one year40/41€131k€92k▼
Trade receivables40€68k€61k▼
Other amounts receivable41€63k€31k▼
Cash at bank and in hand54/58€56k€76k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€248k€221k▼
Equity10/15€182k€179k▼
Contributions10/11€10k€10k=
Reserves13€172k€169k▼
Distributable reserves133€172k€169k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€66k€42k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€66k€42k▼
Current portion of amounts payable after more than one year42€9k€0▼
Trade debts44€17k€16k▼
Suppliers440/4€17k€16k▼
Taxes, remuneration and social security45€13k€8k▼
Taxes450/3€13k€8k▼
Other amounts payable47/48€27k€17k▼
Accrued charges and deferred income492/3€34€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€19k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€44k€38k▼
Operating profit (loss)9901€21k€18k▼
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€671€392▼
Recurring financial charges65€671€392▼
Profit (loss) for the period before taxes9903€22k€19k▼
Income taxes67/77€6k€5k▼
Profit (loss) for the period9904€16k€14k▼
Profit (loss) for the period to be appropriated9905€16k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€14k▼
Transfer from equity791/2€16k€17k▲
Transfer to equity691/2€16k€14k▼
To other reserves6921€16k€14k▼
Profit to be distributed694/7€16k€17k▲
Return on contributions (dividend)694€16k€17k▲
The notes to these accounts (10 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €14k ▼12.5%
Net result drops to €14k, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
31-12
Financial
Highest result since 2018net €66k ▲209%
Operating result €99k, net result €66k, both a record.
31-12
Financial
Equity above €150kEq €165k ▲51.8%
5 profitable years in a row build equity to €165k.
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
31-12
Financial
Equity above €100kEq €109k ▲24.6%
4 profitable years in a row build equity to €109k.
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Staden · 1 establishment unit since 1973
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.
Diksmuidestraat(STA) 1838840 StadenGround area
1,280 m²
Building footprint
33 m²
Volume, LiDAR
117 m³
Parcel 36019E1106/00S000, Flanders · tallest building 5.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Diksmuidestraat(STA) 183, 8840 Staden
since 19732.009.331.739
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36019E1106/00S000 | Flanders | 1,280 m² | 1 · 33 m² | 5.1 m · 1 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.
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LOGIC NATURE
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Of 858 companies in sector 46832 we hold annual accounts for 587. 388 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-1973
Fiscal year end31-12
Activities, NACEBEL
46832Wholesale of timber
51570
16240Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
46412Wholesale of household textiles and bedding
46872Wholesale trade
47519Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.