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SOENEN TECHNOLOGY

Active
Public limited companyfounded 199234 yrs activeWijnendalestraat 190, 8800 Roeselare, BelgiumKBO/BCE: BE 0448.210.769
Summary

SOENEN TECHNOLOGY has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €6.7m and a net result of €2.9m. Equity is growing by ~24.3% per year across the filed fiscal years. Its solvency ranks better than 31% of 3557 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability89▲+12
Solvency51▲+4
Growth65▲+4
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €410,000 at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.21 in 2023; short-term debt: 72.1% and cash: 4.7% of total assets), and 73.6% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
26.4%
Return on assets
11.2%
Age of the figures
21 mo
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 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
42 d early
2024
22 d early
2023
21 d early
2022
17 d early
2021
16 d early
2020
30 d early
2019
50 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 28 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 11 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SOENEN TECHNOLOGY was incorporated on 16 September 1992.1 Between 2011 and 2020 the capital was increased 3 times, most recently to EUR 250,000.234 The registered office was moved to Menen in 2013.5 In 2020 the company took the name SOENEN TECHNOLOGY.6 SedActa was merged into the company in 2023.7 The board currently has 6 members; VALTECH has served longest, since 2017.8

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 19-07-2011
  3. 3Belgian State Gazette, 19-06-2020
  4. 4Belgian State Gazette, 07-09-2020
  5. 5Belgian State Gazette, 19-12-2013
  6. 6Belgian State Gazette, 03-01-2020
  7. 7Belgian State Gazette, 08-05-2023
  8. 8Belgian State Gazette, 01-08-2025

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Financials · fiscal year 2024, full schema

Source amounts without an identifiable currency are assumed to be EUR.

Turnover
€18.1m▲ 18.4%
2023 · €15.3m
EBIT margin
18.3%▲ 7.4pp
2023 · 11.0%
Net result
€2.9m▲ 102%
2023 · €1.4m
Working capital
€5.3m▲ 79.0%
2023 · €3.0m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€14.9m▼ 21.6%€12.0m▼ 19.2%€14.3m▲ 19.4%€15.3m▲ 6.5%€18.1m▲ 18.4%
Operating result€1.9m▲ 18.2%€1.6m▼ 15.7%€2.9m▲ 75.9%€1.7m▼ 41.6%€3.3m▲ 97.7%
Net result€1.7mabove the sector's middle half▲ 38.5%€1.3mabove the sector's middle half▼ 20.7%€2.5mabove the sector's middle half▲ 88.2%€1.4mabove the sector's middle half▼ 43.5%€2.9mabove the sector's middle half▲ 102%
EBIT margin13.0%▲ 4.4pp13.6%▲ 0.6pp20.0%▲ 6.4pp11.0%▼ 9.1pp18.3%▲ 7.4pp
Equity€2.3mabove the sector's middle half▲ 51.8%€1.2mabove the sector's middle half▼ 48.5%€2.9mabove the sector's middle half▲ 145%€4.1mabove the sector's middle half▲ 40.0%€6.7mabove the sector's middle half▲ 63.6%
Total assets€14.1mabove the sector's middle half▼ 36.2%€15.6mabove the sector's middle half▲ 10.6%€15.6mabove the sector's middle half=€18.5mabove the sector's middle half▲ 19.0%€25.4mabove the sector's middle half▲ 37.4%
Debt€11.4m▼ 43.3%€14.1m▲ 23.9%€12.3m▼ 12.8%€14.1m▲ 14.7%€18.4m▲ 30.3%
Working capital€1.6mabove the sector's middle half▲ 161%€614,331above the sector's middle half▼ 61.6%€1.1mabove the sector's middle half▲ 86.0%€3.0mabove the sector's middle half▲ 160%€5.3mabove the sector's middle half▲ 79.0%
Solvency16.5%below the sector's middle half▲ 9.6pp7.7%below the sector's middle half▼ 8.8pp18.9%below the sector's middle half▲ 11.2pp22.2%within the sector's middle half▲ 3.3pp26.4%within the sector's middle half▲ 4.2pp
Current ratio1.14within the sector's middle half▲ 0.111.04below the sector's middle half▼ 0.101.09below the sector's middle half▲ 0.051.21within the sector's middle half▲ 0.121.29within the sector's middle half▲ 0.08
Return on assets (ROA)11.9%above the sector's middle half▲ 6.4pp8.5%within the sector's middle half▼ 3.4pp16.1%above the sector's middle half▲ 7.5pp7.6%within the sector's middle half▼ 8.4pp11.2%within the sector's middle half▲ 3.6pp
Staff (FTE)35above the sector's middle half▼ 32.8%37.6above the sector's middle half▲ 7.4%37.4above the sector's middle half▼ 0.5%45.8above the sector's middle half▲ 22.5%52.1above the sector's middle half▲ 13.8%
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
  • 2024 Net result +102% on 2023. Merger absorbing SedActa, effective 01-04-2023, in the previous fiscal year; now counts for a full year for the first time.
  • 2020 Equity +52% on 2019. Capital increase of €214,404 (Official Gazette 07-09-2020).
Result per fiscal year
Operating resultNet result
€0€1.0m€2.0m€3.0mOperating result 2020: €1.9m€1.9mNet result 2020: €1.7m€1.7mOperating result 2021: €1.6m€1.6mNet result 2021: €1.3m€1.3mOperating result 2022: €2.9m€2.9mNet result 2022: €2.5m€2.5mOperating result 2023: €1.7m€1.7mNet result 2023: €1.4m€1.4mOperating result 2024: €3.3m€3.3mNet result 2024: €2.9m€2.9m20202021202220232024€0€1m€2m€3mOperating result 2022: €2.9m€2.9mNet result 2022: €2.5m€2.5mOperating result 2023: €1.7m€1.7mNet result 2023: €1.4m€1.4mOperating result 2024: €3.3m€3.3mNet result 2024: €2.9m€2.9m202220232024
The operating result recovers in 2024; 2024 is 98% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €25.4m
Fixed assets €1.8m ▲ 18.6%
Current assets €23.7m ▲ 39.1%
Equity and liabilities €25.4m
Equity €6.7m ▲ 63.6%
Provisions €332,940 ▲ 11.9%
Debt €18.4m ▲ 30.3%
Debt's share of the balance-sheet total falls from 76.2% to 72.3%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€3.7m▲
2023 · €2.0m
Cash flow
€3.2m▲
2023 · €1.8m
Quick ratio
0.74▲
2023 · 0.63
Debt to equity
2.73▼
2023 · 3.43
ROE
42.5%▲
2023 · 34.4%
Interest coverage
54.75▼
2023 · 44091.52
Debt ≤ 1 year
€18.3m▲
2023 · €14.0m
Debt > 1 year
€35,000▼
2023 · €70,000
Income taxes
€624,872▲
2023 · €278,284
Staff costs
€4.0m▲
2023 · €3.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 378 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
0.3% went bankrupt
2.4% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.9%
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 378 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 85 lines
Balance sheet Code20232024
Assets
Total assets20/58€18.5m€25.4m▲
Fixed assets21/28€1.5m€1.8m▲
Intangible fixed assets21€525,310€468,499▼
Tangible fixed assets22/27€978,315€1.3m▲
Plant, machinery and equipment23€131,143€377,216▲
Furniture and vehicles24€591,298€697,957▲
Other tangible fixed assets26€255,873€239,946▼
Financial fixed assets28€0-
Affiliated companies280/1€0-
Participating interests280€0-
Current assets29/58€17.0m€23.7m▲
Stocks and contracts in progress3€8.2m€10.2m▲
Stocks30/36€941,425€1.3m▲
Raw materials and consumables30/31€941,425€1.3m▲
Contracts in progress37€7.3m€8.9m▲
Amounts receivable within one year40/41€6.9m€10.5m▲
Trade receivables40€1.2m€2.4m▲
Other amounts receivable41€5.7m€8.1m▲
Current investments50/53-€1.7m
Other investments51/53-€1.7m
Cash at bank and in hand54/58€1.9m€1.2m▼
Deferred charges and accrued income490/1€71,480€112,935▲
Equity and liabilities
Total equity and liabilities10/49€18.5m€25.4m▲
Equity10/15€4.1m€6.7m▲
Contributions10/11€250,000€250,000=
Capital10€250,000€250,000=
Issued capital100€250,000€250,000=
Reserves13€3.9m€6.5m▲
Non-distributable reserves130/1€25,000€25,000=
Legal reserve130€25,000€25,000=
Tax-exempt reserves132€77,765€1.1m▲
Distributable reserves133€3.8m€5.3m▲
Provisions and deferred taxes16€297,660€332,940▲
Provisions for liabilities and charges160/5€297,660€332,940▲
Other liabilities and charges164/5€297,660€332,940▲
Amounts payable17/49€14.1m€18.4m▲
Amounts payable after more than one year17€70,000€35,000▼
Other amounts payable178/9€70,000€35,000▼
Amounts payable within one year42/48€14.0m€18.3m▲
Current portion of amounts payable after more than one year42€35,000€0▼
Trade debts44€930,706€1.2m▲
Suppliers440/4€930,706€1.2m▲
Advances received on contracts in progress46€11.1m€16.3m▲
Taxes, remuneration and social security45€487,412€578,982▲
Taxes450/3€10,748€25,663▲
Remuneration and social security454/9€476,664€553,319▲
Other amounts payable47/48€1.5m€240,002▼
Accrued charges and deferred income492/3€0€14,462▲
Income statement Code20232024
Operating income70/76A€13.4m€19.8m▲
Turnover70€15.3m€18.1m▲
Change in stocks of work in progress, finished goods and contracts in progress71-€2.1m€1.6m▲
Other operating income74€165,027€121,969▼
Operating charges60/66A€11.7m€16.5m▲
Goods for resale, raw materials and consumables60€5.1m€8.8m▲
Purchases600/8€5.1m€9.1m▲
Change in stocks: decrease (increase)609€15,981-€335,037▼
Services and other goods61€3.0m€3.3m▲
Remuneration, social security and pensions62€3.2m€4.0m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€348,810€361,786▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€25,357€35,280▲
Other operating charges640/8€54,361€58,662▲
Operating profit (loss)9901€1.7m€3.3m▲
Financial income75/76B€72,719€336,103▲
Recurring financial income75€72,719€336,103▲
Income from current assets751€58,714€242,802▲
Other financial income752/9€14,005€93,301▲
Financial charges65/66B€56,078€168,003▲
Recurring financial charges65€56,078€168,003▲
Debt charges650€46€67,117▲
Other financial charges652/9€56,032€100,887▲
Profit (loss) for the period before taxes9903€1.7m€3.5m▲
Income taxes67/77€278,284€624,872▲
Taxes670/3€278,321€624,872▲
Tax adjustments and reversals of tax provisions77€37€0▼
Profit (loss) for the period9904€1.4m€2.9m▲
Transfer from tax-exempt reserves789€12,330€0▼
Transfer to tax-exempt reserves689€76,390€1.0m▲
Profit (loss) for the period to be appropriated9905€1.3m€1.8m▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.3m€1.8m▲
Transfer to equity691/2€1.1m€1.6m▲
To the legal reserve6920€0-
To other reserves6921€1.1m€1.6m▲
Profit to be distributed694/7€240,000€240,000=
Directors or managers695€240,000€240,000=
Social balance
Average headcount (FTE)908745.852.1▲

The notes to these accounts (70 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Operating income70/76A-€12.0m€16.2m€13.4m€19.8m▲ 48.4%
Turnover70€14.9m€12.0m€14.3m€15.3m€18.1m▲ 18.4%
Change in stocks of work in progress, finished goods and contracts in progress71--€209,264€1.8m-€2.1m€1.6m▲ 179%
Other operating income74-€193,648€126,087€165,027€121,969▼ 26.1%
Operating charges60/66A-€10.4m€13.3m€11.7m€16.5m▲ 41.3%
Goods for resale, raw materials and consumables60-€5.2m€7.1m€5.1m€8.8m▲ 72.3%
Purchases600/8-€5.3m€7.1m€5.1m€9.1m▲ 79.4%
Change in stocks: decrease (increase)609--€55,452€35,299€15,981-€335,037▼ 2,197%
Services and other goods61-€2.3m€3.3m€3.0m€3.3m▲ 11.4%
Remuneration, social security and pensions62-€2.4m€2.5m€3.2m€4.0m▲ 22.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€548,158€468,977€326,697€348,810€361,786▲ 3.7%
Provisions for liabilities and charges: additions (uses and reversals)635/8--€104,138€68,935-€25,357€35,280▲ 239%
Other operating charges640/8-€58,778€47,499€54,361€58,662▲ 7.9%
Operating profit (loss)9901€1.9m€1.6m€2.9m€1.7m€3.3m▲ 97.7%
Financial income75/76B-€33,135€126,210€72,719€336,103▲ 362%
Recurring financial income75€42,723€33,135€126,210€72,719€336,103▲ 362%
Income from current assets751-€30,729€98,733€58,714€242,802▲ 314%
Other financial income752/9-€2,406€27,477€14,005€93,301▲ 566%
Financial charges65/66B-€30,506€45,700€56,078€168,003▲ 200%
Recurring financial charges65€30,328€30,506€45,700€56,078€168,003▲ 200%
Debt charges650-€1,047€347€46€67,117▲ 146,092%
Other financial charges652/9-€29,459€45,352€56,032€100,887▲ 80.1%
Profit (loss) for the period before taxes9903€1.9m€1.6m€3.0m€1.7m€3.5m▲ 106%
Income taxes67/77€272,405€305,767€449,836€278,284€624,872▲ 125%
Taxes670/3-€305,767€449,836€278,321€624,872▲ 125%
Tax adjustments and reversals of tax provisions77-€0-€37€0▼ 100%
Profit (loss) for the period9904€1.7m€1.3m€2.5m€1.4m€2.9m▲ 102%
Transfer from tax-exempt reserves789--€918,912€12,330€0▼ 100%
Transfer to tax-exempt reserves689-€254,184€12,330€76,390€1.0m▲ 1,244%
Profit (loss) for the period to be appropriated9905€1.0m€1.1m€3.4m€1.3m€1.8m▲ 35.5%
Line20202021202220232024Change
Assets
Total assets20/58€14.1m€15.6m€15.6m€18.5m€25.4m▲ 37.4%
Fixed assets21/28€1.1m€839,063€2.2m€1.5m€1.8m▲ 18.6%
Intangible fixed assets21€9,781€0-€525,310€468,499▼ 10.8%
Tangible fixed assets22/27€1.1m€839,063€830,635€978,315€1.3m▲ 34.4%
Plant, machinery and equipment23-€360,364€191,638€131,143€377,216▲ 188%
Furniture and vehicles24-€202,665€354,656€591,298€697,957▲ 18.0%
Other tangible fixed assets26-€276,034€284,341€255,873€239,946▼ 6.2%
Financial fixed assets28--€1.4m€0--
Affiliated companies280/1--€1.4m€0--
Participating interests280--€1.4m€0--
Current assets29/58€13.0m€14.7m€13.4m€17.0m€23.7m▲ 39.1%
Stocks and contracts in progress3€709,001€6.9m€8.6m€8.2m€10.2m▲ 24.1%
Stocks30/36-€764,453€729,154€941,425€1.3m▲ 35.6%
Raw materials and consumables30/31-€764,453€729,154€941,425€1.3m▲ 35.6%
Contracts in progress37-€6.1m€7.9m€7.3m€8.9m▲ 22.6%
Amounts receivable within one year40/41€5.3m€7.1m€3.2m€6.9m€10.5m▲ 52.6%
Trade receivables40-€1.3m€1.4m€1.2m€2.4m▲ 106%
Other amounts receivable41-€5.8m€1.8m€5.7m€8.1m▲ 41.8%
Current investments50/53----€1.7m-
Other investments51/53----€1.7m-
Cash at bank and in hand54/58€534,821€620,617€1.4m€1.9m€1.2m▼ 36.2%
Deferred charges and accrued income490/1-€76,126€109,325€71,480€112,935▲ 58.0%
Equity and liabilities
Total equity and liabilities10/49€14.1m€15.6m€15.6m€18.5m€25.4m▲ 37.4%
Equity10/15€2.3m€1.2m€2.9m€4.1m€6.7m▲ 63.6%
Contributions10/11€250,000€250,000€250,000€250,000€250,000=
Capital10-€250,000€250,000€250,000€250,000=
Issued capital100-€250,000€250,000€250,000€250,000=
Reserves13€2.1m€946,690€2.7m€3.9m€6.5m▲ 67.7%
Non-distributable reserves130/1-€3,560€25,000€25,000€25,000=
Legal reserve130-€3,560€25,000€25,000€25,000=
Tax-exempt reserves132-€919,754€13,172€77,765€1.1m▲ 1,320%
Distributable reserves133-€23,376€2.6m€3.8m€5.3m▲ 42.3%
Provisions and deferred taxes16€358,220€254,082€323,017€297,660€332,940▲ 11.9%
Provisions for liabilities and charges160/5-€254,082€323,017€297,660€332,940▲ 11.9%
Other liabilities and charges164/5-€254,082€323,017€297,660€332,940▲ 11.9%
Amounts payable17/49€11.4m€14.1m€12.3m€14.1m€18.4m▲ 30.3%
Amounts payable after more than one year17--€70,000€70,000€35,000▼ 50.0%
Other amounts payable178/9--€70,000€70,000€35,000▼ 50.0%
Amounts payable within one year42/48€11.4m€14.1m€12.2m€14.0m€18.3m▲ 30.6%
Current portion of amounts payable after more than one year42--€35,000€35,000€0▼ 100%
Trade debts44€1.2m€882,144€1.8m€930,706€1.2m▲ 30.2%
Suppliers440/4-€882,144€1.8m€930,706€1.2m▲ 30.2%
Advances received on contracts in progress46-€10.3m€9.2m€11.1m€16.3m▲ 46.9%
Taxes, remuneration and social security45-€435,681€393,564€487,412€578,982▲ 18.8%
Taxes450/3-€79,700€31,710€10,748€25,663▲ 139%
Remuneration and social security454/9-€355,981€361,854€476,664€553,319▲ 16.1%
Other amounts payable47/48-€2.5m€760,005€1.5m€240,002▼ 83.9%
Accrued charges and deferred income492/3-€2,622€2,622€0€14,462-
Line20202021202220232024Change
Profit (loss) for the period9904€1.7m€1.3m€2.5m€1.4m€2.9m▲ 102%
+ Depreciation and write-downs630€548,158€468,977€326,697€348,810€361,786▲ 3.7%
Operating cash flow (approximation)€2.2m€1.8m€2.8m€1.8m€3.2m▲ 82.6%
Investment in fixed assets (approximation)--€213,392-€1.7m€338,201-€641,779▼ 290%
Change in cash-€85,796€816,116€440,209-€679,883▼ 254%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
19-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
State Gazette act Appointment: BV CHASSE PATATE (director)
Permanent representative: Thomas Vandeputte3 facts ▸
  • General meeting, 14-11-2025
  • Director appointment, BV CHASSE PATATE (director)
  • Permanent representative, Thomas Vandeputte
27-10
State Gazette act Appointment: RSM INTERAUDIT (statutory auditor)
Permanent representative: Jonas Uytterhaegen3 facts ▸
  • General meeting, 19-09-2025
  • Auditor appointment, RSM INTERAUDIT (statutory auditor)
  • Permanent representative, Jonas Uytterhaegen
01-08
State Gazette act Reappointments: BV MUZZE, NV VENCO and 3 others
Permanent representatives: Wouter Naert, Peter Vandeputte and 3 others15 facts ▸
  • General meeting, 30-06-2025
  • Director reappointment, BV MUZZE (director)
  • Permanent representative, Wouter Naert
  • Director reappointment, NV VENCO (director)
  • Permanent representative, Peter Vandeputte
  • Director reappointment, NV VALTECH (director)
  • Permanent representative, Frank Vandputte
  • Director reappointment, BV DE SUTTER ENGINEERING (director)
  • Permanent representative, Luc De Sutter
  • Director reappointment, BV SPARK.BE (director)
  • Permanent representative, Bruno Coopman
  • Board meeting, 30-06-2025
  • +3 further facts in this act
09-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Highest result since 2018net €2.9m ▲102%
Operating result €3.3m, net result €2.9m, both a record.
31-12
Financial Equity above €5mEq €6.7m ▲63.6%
7 profitable years in a row build equity to €6.7m.
10-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
14-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
08-05
State Gazette act Restructuring
Merger · Dissolution · Share cancellation5 facts ▸
  • General meeting, 31-03-2023
  • Merger, afwijking van de in het fusievoorstel voorgestelde boekhoudkundige retroactiviteit (1 oktober 2022), absorption
  • Dissolution, 01-04-2023
  • Share cancellation, aandelen van de overgenomen vennootschap ingetrokken en vernietigd, fusie door overneming
  • Power of attorney, Soenen Technology
20-02
State Gazette act Appointment: MOORE AUDIT (statutory auditor)
Permanent representative: Maud Turcq3 facts ▸
  • General meeting, 21-09-2022
  • Auditor appointment, MOORE AUDIT (statutory auditor)
  • Permanent representative, Maud Turcq
17-02
State Gazette act Restructuring
Permanent representatives: Frank Vandeputte and Peter Vandeputte · Merger · Accounting effect7 facts ▸
  • Merger, fusion by absorption
  • Accounting effect, 1/10/2022
  • Permanent representative, Frank Vandeputte
  • Permanent representative, Peter Vandeputte
  • Permanent representative, Frank Vandeputte
  • Shareholding, 100%
  • Merger consideration, no new shares issued (article 12:57, 1°)
Show earlier events
2022
31-12
Financial Equity above €2mEq €2.9m ▲145%
5 profitable years in a row build equity to €2.9m.
15-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
11-04
State Gazette act Resignations: TIDE ENGINEERING (director) and Tim Depijpere (permanent representative)
Appointment: MUZZE (director) · Permanent representative: Wouter Naert5 facts ▸
  • General meeting, 31-12-2021
  • Director resignation, TIDE ENGINEERING (director)
  • Director resignation, Tim Depijpere (permanent representative)
  • Director appointment, MUZZE (director)
  • Permanent representative, Wouter Naert
2021
01-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Equity above €2mEq €2.3m ▲51.8%
3 profitable years in a row build equity to €2.3m.
07-09
State Gazette act Registered office · Restructuring
Appointment: TIDE ENGINEERING (non-statutory director) · Permanent representative: DEPIJPERE Tim · Demerger18 facts ▸
  • General meeting, 27-07-2020
  • Demerger, 31-12-2019
  • Net-asset statement, 31-12-2019
  • Capital decrease, €-25.904,29
  • Capital increase, €25.904,29
  • Share issue, 12600, inbreng in natura partiële splitsing
  • Capital increase, €214.404,29
  • Capital, €250.000
  • Purpose change, Studie, ontwikkeling, uitvoering, montage, fabricage en commercialisering van metaalconstructies en machines en in het algemeen van alle activiteiten inzake met…
  • Statutes amendment
  • Registered-office move, 8800 Roeselare, Wijnendalestraat 190
  • Director appointment, TIDE ENGINEERING (non-statutory director)
  • +6 further facts in this act
19-06
State Gazette act Restructuring
Appointment: CERTAM BEDRIJFSREVISOREN (statutory auditor) · Permanent representatives: Peter Vandeputte, Frank Vandeputte and 2 others · Demerger16 facts ▸
  • Board meeting, 05-06-2020
  • Demerger, partial split, 644.177,14 EUR
  • Capital, €61.500
  • Capital, €61.500
  • Share issue, 12600, partial split
  • Accounting effect, 01-01-2020
  • Auditor appointment, CERTAM BEDRIJFSREVISOREN
  • Capital decrease, €25.904,29
  • Capital increase, €25.904,29
  • Capital increase, €25.904,29
  • Permanent representative, Peter Vandeputte
  • Permanent representative, Frank Vandeputte
  • +4 further facts in this act
11-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
03-01
State Gazette act Benaming
Name change · Power of attorney3 facts ▸
  • General meeting, 26-12-2019
  • Name change, SOENEN TECHNOLOGY
  • Power of attorney, MOTUS HANDLING
2019
30-12
State Gazette act Resignation: THE COACHING LOOP (director)
Permanent representatives: Frank Vandeputte, Peter Vandeputte and 2 others · Reappointments: VENCO, VALTECH and 2 others · Appointments: VALTECH (gedelegeerd bestuurder) and VENCO (gedelegeerd bestuurder)17 facts ▸
  • General meeting, 01-11-2019
  • Director resignation, THE COACHING LOOP (director)
  • Permanent representative, Frank Vandeputte
  • Director reappointment, VENCO (director)
  • Permanent representative, Peter Vandeputte
  • Director reappointment, VALTECH (director)
  • Permanent representative, Frank Vandeputte
  • Director reappointment, DE SUTTER ENGINEERING (director)
  • Permanent representative, Luc De Sutter
  • Director reappointment, SPARK.BE (director)
  • Permanent representative, Bruno Coopman
  • Board meeting, 01-11-2019
  • +5 further facts in this act
03-10
State Gazette act Appointment: CERTAM BEDRIJFSREVISOREN (statutory auditor)
Permanent representative: Frank Vandeputte3 facts ▸
  • General meeting, 07-06-2019
  • Auditor appointment, CERTAM BEDRIJFSREVISOREN (statutory auditor)
  • Permanent representative, Frank Vandeputte
19-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
25-04
State Gazette act Appointment: SPARK.BE (director)
Permanent representative: Bruno Coopman3 facts ▸
  • General meeting, 03/01/2019
  • Director appointment, SPARK.BE (director)
  • Permanent representative, Bruno Coopman
2018
08-10
State Gazette act Appointments: VENCO, THE COACHING LOOP and VALTECH
Permanent representatives: Peter Vandeputte, Frank Vandeputte and THE COACHING LOOP8 facts ▸
  • General meeting, 20-07-2017
  • Director appointment, VENCO (director)
  • Permanent representative, Peter Vandeputte
  • Director appointment, THE COACHING LOOP (director)
  • Permanent representative, Frank Vandeputte
  • Director appointment, VALTECH (director)
  • Permanent representative, THE COACHING LOOP
  • Permanent representative, Frank Vandeputte
06-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
15-03
State Gazette act Resignations: Peter Vandeputte (director) and Frank Vandeputte (director)
Appointments: VENCO, THE COACHING LOOP and DE SUTTER ENGINEERING · Permanent representatives: Peter Vandeputte, Frank Vandeputte and Luc De Sutter13 facts ▸
  • General meeting, 20-07-2017
  • Director resignation, Peter Vandeputte (director)
  • Director resignation, Frank Vandeputte (director)
  • Director appointment, VENCO (director)
  • Permanent representative, Peter Vandeputte
  • Director appointment, THE COACHING LOOP (director)
  • Permanent representative, Frank Vandeputte
  • Board meeting, 20-07-2017
  • Director resignation, Frank Vandeputte (gedelegeerd bestuurder)
  • Director appointment, THE COACHING LOOP (gedelegeerd bestuurder)
  • General meeting, 18-01-2018
  • Director appointment, DE SUTTER ENGINEERING (bijkomende bestuurder)
  • +1 further facts in this act
2017
12-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
25-07
State Gazette act Capital & shares
Capital decrease · Capital · Statutes amendment5 facts ▸
  • General meeting, 27-06-2016
  • Capital decrease, €-748.500
  • Capital, €61.500
  • Statutes amendment
  • Power of attorney, Raad van bestuur
2013
19-12
State Gazette act Resignations: MOTUSHAPES GROUP, HADEFIS and 4 others
Appointments: Frank Vandeputte (director) and Peter Vandeputte (director) · Registered-office move13 facts ▸
  • General meeting, 01-11-2013
  • Director resignation, MOTUSHAPES GROUP (director)
  • Director resignation, HADEFIS (director)
  • Director resignation, DACAR (permanent representative)
  • Director resignation, VAMASTINE (permanent representative)
  • Director resignation, David Vanheede (permanent representative)
  • Director resignation, Dirk Haerinck (permanent representative)
  • Director appointment, Frank Vandeputte (director)
  • Director appointment, Peter Vandeputte (director)
  • Board meeting, 01-11-2013
  • Director resignation, MOTUSHAPES GROUP (gedelegeerd bestuurder)
  • Director appointment, Frank Vandeputte (gedelegeerd bestuurder)
  • +1 further facts in this act
2012
02-08
State Gazette act Reappointments: MOTUSHAPES GROUP nv (director) and HADEFIS bvba (director)
4 facts ▸
  • General meeting, 01-06-2012
  • Director reappointment, MOTUSHAPES GROUP nv (director)
  • Director reappointment, HADEFIS bvba (director)
  • Director reappointment, MOTUSHAPES GROUP nv (managing director)
2011
19-07
State Gazette act Capital & shares · Resignations & appointments
Capital increase · Capital · Statutes amendment4 facts ▸
  • General meeting, 20-06-2011
  • Capital increase, €660.000
  • Capital, €810.000
  • Statutes amendment
2009
11-05
State Gazette act Restructuring · Miscellaneous
Demerger1 fact ▸
  • Demerger, 20-04-2009
2007
17-12
State Gazette act Resignation: DIRK DESNOECK (director)
Appointment: ANNELIES ESPEEL (director) · Permanent representative: MICHIEL ESPEEL4 facts ▸
  • Board meeting, 14-11-2007
  • Director resignation, DIRK DESNOECK (director)
  • Director appointment, ANNELIES ESPEEL (director)
  • Permanent representative, MICHIEL ESPEEL
2003
03-10
State Gazette act Permanent representative: Michel Espeel
2 facts ▸
  • Board meeting, 11-08-2003
  • Permanent representative, Michel Espeel
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
22 of 22 acts read

Directors · office · real estate

Directors
6 directors, 2 in day-to-day management, no change since 2025

Board 6

VALTECH
Chair of the board · since 01-11-2019 · Director · since 20-07-2017 · Public limited company · perm. rep.: Frank Vandeputte
Current
VENCO
Director · since 20-07-2017 · Public limited company · perm. rep.: Peter Vandeputte
Current
DE SUTTER ENGINEERING
Director · since 01-02-2018 · Private limited company · perm. rep.: Luc De Sutter
Current
SPARK.BE
Director · since 03-01-2019 · Private limited company · perm. rep.: Bruno Coopman
Current
MUZZE
Director · since 02-01-2022 · Private limited company · perm. rep.: Wouter Naert
Current
Chasse Patate
Director · since 14-11-2025 · Private limited company · perm. rep.: Thomas Vandeputte
Current
1 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
ANNELIES ESPEEL
Director · since 14-11-2007
Not recently confirmed

Day-to-day management 2

VALTECH
Managing director · since 01-11-2019 · Public limited company · perm. rep.: Frank Vandeputte
Current
VENCO
Managing director · since 01-11-2019 · Public limited company · perm. rep.: Peter Vandeputte
Current

Permanent representatives 6

Frank Vandeputte
Permanent representative · since 20-07-2017 · for VALTECH
Current
Peter Vandeputte
Permanent representative · since 20-07-2017 · for VENCO
Current
Luc De Sutter
Permanent representative · since 01-02-2018 · for DE SUTTER ENGINEERING
Current
Bruno Coopman
Permanent representative · since 03-01-2019 · for SPARK.BE
Current
Wouter Naert
Permanent representative · since 02-01-2022 · for MUZZE
Current
Thomas Vandeputte
Permanent representative · since 14-11-2025 · for Chasse Patate
Current

Statutory auditor 1

RSM INTERAUDIT
Statutory auditor · since 19-09-2025 · perm. rep.: Jonas Uytterhaegen
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Roeselare · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
2.0 ha
Building footprint
5,468 m²
Volume, LiDAR
51,000 m³
Parcel 36505A0077/00N000, Flanders · tallest building 12.3 m, ±4 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Soenen Technology
Wijnendalestraat 190, 8800 RoeselareManufacture of metal structures and parts of structures
since 20172.260.121.972
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36505A0077/00N000 Flanders 2.0 ha 1 · 5,468 m² 12.3 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

19 people since 2007, 8 in office
Show
  • Board
  • Day-to-day management
  • Permanent representative
  • Statutory auditor
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
VALTECH
  • Director, from 20-07-2017 to date
  • Chair of the board, from 01-11-2019 to date
  • Gedelegeerd bestuurder, from 01-11-2019 to date
VENCO
  • Director, from 20-07-2017 to date
  • Gedelegeerd bestuurder, from 01-11-2019 to date
DE SUTTER ENGINEERING
  • Bijkomende bestuurder, from 01-02-2018 to date
SPARK.BE
  • Director, from 03-01-2019 to date
MUZZE
  • Director, from 02-01-2022 to date
Chasse Patate
  • Director, from 14-11-2025 to date
RSM INTERAUDIT
  • Statutory auditor, from 19-09-2025 to date
ANNELIES ESPEEL
  • Director, from 14-11-2007 not ended, last confirmed 17-12-2007
Moore Audit
  • Statutory auditor, from 21-09-2022 to 19-09-2025
DEPIJPERE Tim
  • Permanent representative, until 31-01-2022
TiDe Engineering
  • Non-statutory director, from 27-07-2020 to 31-01-2022
THE COACHING LOOP
  • Director, from 20-07-2017 to 01-11-2019
  • Gedelegeerd bestuurder, from 20-07-2017 to 01-11-2019
Frank Vandeputte
  • Director, from 01-11-2013 to 20-07-2017
  • Gedelegeerd bestuurder, from 01-11-2013 to 20-07-2017
Peter Vandeputte
  • Director, from 01-11-2013 to 20-07-2017
David Vanheede
  • Permanent representative, until 01-11-2013
HADEFIS
  • Director, already before 02-08-2012 to 01-11-2013
MOTUSHAPES GROUP
  • Director, until 01-11-2013
  • Gedelegeerd bestuurder, until 01-11-2013
VAMASTINE
  • Permanent representative, until 01-11-2013
DIRK DESNOECK
  • Director, until 14-11-2007
See the board, name and seat on a given date →

Articles of association

Purpose
De vennootschap heeft tot doel, voor eigen rekening, voor rekening van derden of in deelneming met derden, prestaties te verrichten die rechtstreeks of onrechtstreeks betrekking…
Full purpose

De vennootschap heeft tot doel, voor eigen rekening, voor rekening van derden of in deelneming met derden, prestaties te verrichten die rechtstreeks of onrechtstreeks betrekking hebben op: - Alle timmer- en schrijnwerk, binnen- en buitendecoratie, kunstsmeedwerk, fabricatie van meubelen, allerlei voorwerpen, constructies, inrichtingen, kunstvoorwerpen, gegraveerde voorwerpen, uitstallings- en publiciteitsartikelen, en dit alles in alle mogelijke materialen en toepassingen. - De kleinhandel met meer dan een afdeling, de groothandel in alle in het eerste punt vernoemde artikelen. - Schilder-en behangwerk, glaswerken, metaalconstructies en metalen kunstwerken, leggen van kabels en van diverse leidingen, ruwbouw, algemene bouwwerkzaamheden, voegwerken, dakdekken en isolatie tegen vochtigheid, thermische- en geluidsisolatie, vloerbedekking en muurbekleding, stukadoorswerk, arduin- en marmerwerken, restauratiewerken, glaswerken, industriële pijpleidingen en kanalisatie, centrale verwarming, sanitair en lood- en zinkwerk, elektrotechnische installaties, speciale installaties, diverse werkzaamheden. - Studie, ontwikkeling, uitvoering, montage, fabricage en commercialisering van metaalconstructies en in het algemeen van alle activiteiten inzake metaalver- of bewerking, met inbegrip van alle andere daartoe nuttige of complementaire activiteiten. - Alle commerciële en industriële activiteiten inzake transportsystemen, zowel intern als extern transport. - Alle handelsactiviteiten inzake producten en diensten vermeld onder de 2 bovengenoemde alinea's. - Het uitvoeren van alle studies en onderzoek; het verrichten van marktonderzoek; promotie; raadgeving; prospectie; marketing, techno-consult, assistentie op gebied van management, engineering en consulting; technisch, commercieel, administratief, financieel, fiscaal en juridisch beheer en advies. - De publiciteit, reclame, marketing en algemene communicatie onder alle vormen en het uitvoeren van alle werken die voor de verwezenlijking van publiciteit, reclame, marketing en algemene communicatie noodzakelijk zijn, zonder enige beperking. - Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren onder om het even welke vorm; in dit kader kan zij zich ook borg stellen of haar aval verlenen, in de meest ruime zin, alle handels- en financiële operaties verrichten behalve die welke wettelijk voorbehouden zijn aan depositobanken, houders van deposito's op korte termijn, spaarkassen, hypotheek-maatschappijen en kapitalisatie-ondernemingen. - Het waarnemen van alle bestuursopdrachten in vennootschappen, het uitoefenen van mandaten en functies in ondernemingen. - Het beheer, het verwerven, de aan- en verkoop, het huren- en verhuren, de commissiehandel en vertegenwoordiging, de instandhouding en valorisatie van een onroerend vermogen, de huurfinanciering van onroerende goederen aan derden, alsmede alle handelingen die onrechtstreeks met dit doel in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen, zoals het onderhoud, de ontwikkeling, de verfraaiing van de verhuren van deze goederen, alsmede zich borgstellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze onroerende goederen. - Het ontwikkelen, kopen, verkopen, beheer, in waarde stellen, in licentie nemen of geven van brevetten, octrooien. knowhow en andere intellectuele rechten. - De aan- en verkoop, in- en uitvoer, commissiehandel en vertegenwoordiging van om het even welke goederen, in 't kort tussenpersoon in de handel. - Het verwerven, hetzij door inschrijving op aankoop, van aandelen, obligaties, kasbons of andere roerende waarden, van welke vorm ook, van Belgische of buitenlandse, bestaande of nog op te richten vennootschappen, alsook het beheer van deze roerende waarden, dit alles enkel voor eigen rekening of in deelneming met derden. - Het bevorderen van de oprichting van vennootschappen door inbreng, participatie of investering. - Het optreden als tussenpersoon bij onderhandelingen voor gehele of gedeeltelijke overname van aandelen; in de meest ruime betekening het deelnemen van emissieverrichtingen van aandelen en vastrentende waarden door intekening, waarborgplaatsing, verhandeling, of anderszins, alsmede het verwezenlijken van om het even welke verrichtingen inzake portefeuille- of kapitaalsbestuur, dit alles voor eigen rekening. - Alle verrichtingen van commerciële, industriële, onroerende roerende of financiële aard die rechtstreeks of onrechtstreeks met haar doel verwant of verknocht zijn of de verwezenlijking ervan kunnen bevorderen. Bovenvermelde opsomming is niet beperkend zodat de vennootschap alle handelingen kan stellen die op welke wijze ook kunnen bijdragen tot de verwezenlijking van haar maatschappelijk doel. De vennootschap mag haar doel verwezenlijken, zowel in België als in het buitenland op alle wijzen en manieren die zij het best geschikt zou achten.

Structure & network

Part of the group VALTECH 20 companies Group, risk and exposure

Owners and holdings

1 owner · 1 holding

Chain of control

  1. VALTECH 100%
  2. SOENEN TECHNOLOGY

Highest known parent: VALTECH. The sources do not say who stands above it.

Owners 1

Holdings 1

According to the 2022 annual accounts of SOENEN TECHNOLOGY and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

2 connected companies
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
VALVAN
Shared director
→
DIDAK INJECTION
Shared corporate director
→

Acquisitions and mergers

3 transactions
Took over:SedActa
BE 0665.662.302merger by absorption · State Gazette act of 08-05-2023 (2 acts) · effective 01-04-2023
Received in a demerger part of:IMOTUS REAL ESTATE
proposal · State Gazette act of 11-05-2009 · effective 20-04-2009
Split off to:MOTUS HANDLING
BE 0740.716.645partial demerger · State Gazette act of 07-09-2020 (2 acts) · effective 31-12-2019

Capital and shareholders

Capital over the years
  1. 07-09-2020 Capital reduction of 25,904.29 EUR · to 35,595.71 EUR
  2. 07-09-2020 Capital increase of 214,404.29 EUR · to 250,000 EUR · no new shares · from reserves
  3. 19-06-2020 Capital reduction of 25,904.29 EUR · to 35,595.71 EUR
  4. 19-06-2020 Capital increase of 25,904.29 EUR · to 61,500 EUR · from reserves
  5. 25-07-2016 Capital reduction of 748,500 EUR · to 61,500 EUR · repaid to the shareholders
  6. 19-07-2011 Capital increase of 660,000 EUR · to 810,000 EUR · 23,126 new shares · in kind

Similar companies · same sector, comparable size

Of 20,026 companies in sector 43320 we hold annual accounts for 9,139. 969 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded16-09-1992
Fiscal year end31-12
Activities, NACEBEL 2025
28220Manufacture of machinery and equipment not elsewhere classified
43320Joinery installation
25401Forging of metal
28420Manufacture of machinery and equipment not elsewhere classified
43350Other building finishing work
E-invoicing
Reachable via Peppol
Peppol ID 0208:0448210769
Also 9925:BE0448210769

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.