SOERS
ActiveSummary
SOERS has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €14,445. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 62% of 9341 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability52▲+14
Solvency71▼-8
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100,000 at 30 days acceptable
Liquidity tight (current ratio 1.23 against 0.83 in 2024; short-term debt: 35% and cash: 12.2% of total assets), and 54.3% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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 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
45.7%
Return on assets
0.4%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
37 d early
2023
32 d early
2022
26 d early
2021
2 d early
2020
27 d late
2019
6 d late
← 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 9 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 5 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close29-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#6 company by equity in Alken, Real estate sector#8 company by total assets in Alken, Real estate sector
Equity
€1.6m▼ 35.6%
2024 · €2.5m
Total assets
€3.5m▼ 23.6%
2024 · €4.6m
Net result
€14,445▲ 946%
2024 · €1,381
Working capital
€281,901
2024 · -€224,943
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate 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
Line20212022202320242025
Operating result€207,301▲ 86.3%€125,732▼ 39.3%€218,995▲ 74.2%€38,495▼ 82.4%€53,942▲ 40.1%
Net result€144,577above the sector's middle half▼ 70.7%€68,607within the sector's middle half▼ 52.5%-€277,781below the sector's middle half€1,381within the sector's middle half€14,445within the sector's middle half▲ 946%
Equity€2.7mabove the sector's middle half▲ 5.6%€2.8mabove the sector's middle half▲ 2.5%€2.5mabove the sector's middle half▼ 10.0%€2.5mabove the sector's middle half▲ 0.1%€1.6mabove the sector's middle half▼ 35.6%
Total assets€5.5mabove the sector's middle half▲ 5.3%€5.0mabove the sector's middle half▼ 8.2%€4.7mwithin the sector's middle half▼ 7.3%€4.6mwithin the sector's middle half▼ 0.6%€3.5mwithin the sector's middle half▼ 23.6%
Debt€2.8m▲ 5.0%€2.2m▼ 18.8%€2.1m▼ 3.9%€2.1m▼ 1.3%€1.9m▼ 9.3%
Working capital-€1.0mbelow the sector's middle half▲ 14.6%-€688,565below the sector's middle half▲ 31.1%-€188,260below the sector's middle half▲ 72.7%-€224,943below the sector's middle half▼ 19.5%€281,901within the sector's middle half
Solvency49.7%within the sector's middle half▲ 0.1pp55.5%within the sector's middle half▲ 5.8pp53.9%within the sector's middle half▼ 1.6pp54.2%within the sector's middle half▲ 0.3pp45.7%within the sector's middle half▼ 8.6pp
Current ratio0.52below the sector's middle half▲ 0.100.48below the sector's middle half▼ 0.040.85within the sector's middle half▲ 0.370.83within the sector's middle half▼ 0.021.23within the sector's middle half▲ 0.39
Return on assets (ROA)2.6%within the sector's middle half▼ 6.8pp1.4%within the sector's middle half▼ 1.3pp-6.0%below the sector's middle half▼ 7.3pp0.0%within the sector's middle half▲ 6.0pp0.4%within the sector's middle half▲ 0.4pp
Staff (FTE)0within the sector's middle half0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 40% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.5m
Fixed assets
€2.0m ▼ 42.5%
Current assets
€1.5m ▲ 36.2%
Equity and liabilities €3.5m
Equity
€1.6m ▼ 35.6%
Debt
€1.9m ▼ 9.3%
Debt's share of the balance-sheet total rises from 45.8% to 54.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€136,389▲
2024 · €122,701
Cash flow
€96,892▲
2024 · €85,587
Debt to equity
1.19▲
2024 · 0.84
ROE
0.9%▲
2024 · 0.1%
Interest coverage
3.89▲
2024 · 2.34
Debt ≤ 1 year
€1.2m▼
2024 · €1.3m
Debt > 1 year
€645,000▼
2024 · €735,000
Income taxes
€7,367▲
2024 · -€3,026
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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%.
| 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 14,732 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €72,656 | €79,435 | €81,587 | €84,206 | €82,447 | ▼ 2.1% |
| Other operating charges640/8 | - | €10,516 | €9,708 | €10,547 | €10,009 | ▼ 5.1% |
| Gross operating margin9900 | €290,453 | €215,683 | €310,290 | €133,248 | €146,398 | ▲ 9.9% |
| Operating profit (loss)9901 | €207,301 | €125,732 | €218,995 | €38,495 | €53,942 | ▲ 40.1% |
| Financial income75/76B | - | €0 | €1,038 | €12,216 | €2,887 | ▼ 76.4% |
| Recurring financial income75 | €33 | €0 | €1,038 | €12,216 | €2,887 | ▼ 76.4% |
| Financial charges65/66B | - | €11,773 | €456,520 | €52,357 | €35,017 | ▼ 33.1% |
| Recurring financial charges65 | €27,038 | €11,773 | €61,960 | €52,357 | €35,017 | ▼ 33.1% |
| Non-recurring financial charges66B | - | - | €394,560 | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €180,297 | €113,960 | -€236,487 | -€1,645 | €21,812 | ▲ 1,426% |
| Income taxes67/77 | €35,720 | €45,353 | €41,294 | -€3,026 | €7,367 | ▲ 343% |
| Profit (loss) for the period9904 | €144,577 | €68,607 | -€277,781 | €1,381 | €14,445 | ▲ 946% |
| Transfer from tax-exempt reserves789 | - | €171,548 | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €144,577 | €240,155 | -€277,781 | €1,381 | €14,445 | ▲ 946% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.5m | €5.0m | €4.7m | €4.6m | €3.5m | ▼ 23.6% |
| Fixed assets21/28 | €4.4m | €4.4m | €3.6m | €3.5m | €2.0m | ▼ 42.5% |
| Tangible fixed assets22/27 | €2.2m | €2.2m | €2.2m | €2.1m | €2.0m | ▼ 3.9% |
| Land and buildings22 | - | €2.2m | €2.2m | €2.1m | €2.0m | ▼ 3.7% |
| Furniture and vehicles24 | - | €1,965 | €3,568 | €16,857 | €11,815 | ▼ 29.9% |
| Other tangible fixed assets26 | - | €5,800 | €5,800 | €5,800 | €5,800 | = |
| Financial fixed assets28 | €2.2m | €2.2m | €1.4m | €1.4m | €3,150 | ▼ 99.8% |
| Current assets29/58 | €1.1m | €629,397 | €1.1m | €1.1m | €1.5m | ▲ 36.2% |
| Amounts receivable within one year40/41 | €244,547 | €100,872 | €65,648 | €25,044 | €368,453 | ▲ 1,371% |
| Trade receivables40 | - | €45,143 | €0 | €20,000 | €74,005 | ▲ 270% |
| Other amounts receivable41 | - | €55,729 | €65,648 | €5,044 | €294,448 | ▲ 5,737% |
| Current investments50/53 | €54,716 | €54,716 | €55,654 | €258,116 | €712,285 | ▲ 176% |
| Cash at bank and in hand54/58 | €786,605 | €469,520 | €952,238 | €827,932 | €431,953 | ▼ 47.8% |
| Deferred charges and accrued income490/1 | - | €4,289 | €6,729 | €6,265 | €8,844 | ▲ 41.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.5m | €5.0m | €4.7m | €4.6m | €3.5m | ▼ 23.6% |
| Equity10/15 | €2.7m | €2.8m | €2.5m | €2.5m | €1.6m | ▼ 35.6% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €2.7m | €2.7m | €2.4m | €2.4m | €1.6m | ▼ 36.5% |
| Non-distributable reserves130/1 | - | €60,000 | €60,000 | €60,000 | €38,284 | ▼ 36.2% |
| Legal reserve130 | - | €60,000 | €60,000 | €60,000 | €38,284 | ▼ 36.2% |
| Tax-exempt reserves132 | - | €0 | - | - | - | - |
| Distributable reserves133 | - | €2.7m | €2.4m | €2.4m | €1.5m | ▼ 36.5% |
| Amounts payable17/49 | €2.8m | €2.2m | €2.1m | €2.1m | €1.9m | ▼ 9.3% |
| Amounts payable after more than one year17 | €641,667 | €915,000 | €825,000 | €735,000 | €645,000 | ▼ 12.2% |
| Financial debts170/4 | - | €915,000 | €825,000 | €735,000 | €645,000 | ▼ 12.2% |
| Amounts payable within one year42/48 | €2.1m | €1.3m | €1.3m | €1.3m | €1.2m | ▼ 7.6% |
| Current portion of amounts payable after more than one year42 | - | €90,000 | €90,000 | €90,000 | €90,000 | = |
| Trade debts44 | €10,405 | €6,304 | €5,532 | €706 | €20,870 | ▲ 2,858% |
| Suppliers440/4 | - | €6,304 | €5,532 | €706 | €20,870 | ▲ 2,858% |
| Taxes, remuneration and social security45 | - | €53,409 | €38,215 | €3,900 | €315,785 | ▲ 7,997% |
| Taxes450/3 | - | €50,888 | €35,601 | €1,225 | €313,089 | ▲ 25,468% |
| Remuneration and social security454/9 | - | €2,520 | €2,614 | €2,675 | €2,696 | ▲ 0.8% |
| Other amounts payable47/48 | - | €1.2m | €1.1m | €1.2m | €812,981 | ▼ 34.8% |
| Accrued charges and deferred income492/3 | - | €3,500 | €55,081 | €43,551 | €39,698 | ▼ 8.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €144,577 | €68,607 | -€277,781 | €1,381 | €14,445 | ▲ 946% |
| + Depreciation and write-downs630 | €72,656 | €79,435 | €81,587 | €84,206 | €82,447 | ▼ 2.1% |
| Operating cash flow (approximation) | €217,233 | €148,042 | -€196,194 | €85,587 | €96,892 | ▲ 13.2% |
| Investment in fixed assets (approximation) | - | -€92,534 | €734,917 | -€20,739 | €1.4m | ▲ 6,912% |
| Change in cash | - | -€317,085 | €482,717 | -€124,306 | -€395,979 | ▼ 219% |
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
Next filing, fiscal year 2026, expected by
2026
15-09
State Gazette act
Appointments: Louis Soers (director) and Sibylle Soers (director)7 facts ▸
State Gazette act
Appointments: Louis Soers (director) and Sibylle Soers (director)
7 facts ▸
- General meeting, 18-08-2026
- Director appointment, Louis Soers (director)
- Director appointment, Sibylle Soers (director)
- Board composition, Jan Soers (director)
- Board composition, Greet Vanstreels (director)
- Board composition, Louis Soers (director)
- Board composition, Sibylle Soers (director)
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Back to profitnet €1,381
Net result €1,381 after one loss-making year.
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Weakest financial yearnet -€277,781
Net result drops to -€277,781, the lowest in the series; recovery starts the following year.
2022
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
31-03
Financial
Highest result since 2019net €493,176 ▲209%
Net result €493,176, the highest in the series.
2019
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 6 days late
2018
13-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
17-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 17 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 8 acts read
About the unread acts
Of the 8 Belgian State Gazette acts we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, last change in 2026
Louis Soers
CurrentDirector · since 17-08-2026
Sibylle Soers
CurrentDirector · since 17-08-2026
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 →
Not every act has been read: a resignation may be missing here
7 of this company's 8 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Alken · 1 establishment unit since 2004
Ground area
1,677 m²
Building footprint
190 m²
Volume, LiDAR
1,065 m³
Parcel 73302F0720/00A002, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Soers NV
since 20042.137.374.313
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73302F0720/00A002 | Flanders | 1,677 m² | 1 · 190 m² | 8.3 m · 2 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
2 people since 2026, 2 in office
- Board
| Name | Functions and periods |
|---|---|
| Louis Soers |
|
| Sibylle Soers |
|
Structure & network
Owners and holdings
1 holding · 3 subsidiaries in the treeOwners 0
The accounts to 31-03-2024 list no shareholders, and no other source names one.
Holdings 1
-
100%
All subsidiaries, including indirect ones 3
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
GEOS Laboratories – site Wellen 100%2 subsidiaries
- GEOS Laboratories - site Herstal 100%
- Geos Laboratories FranceFR 100%
According to the annual accounts to 31-03-2024 of SOERS 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 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Identification & contact
Identification
Legal formPublic limited company
Founded28-04-2004
Fiscal year end31-03
Activities, NACEBEL 2025
68110Buying and selling of own real estate
64210Activities of holding companies
70200Business and other management consultancy
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0864986909
Also
9925:BE0864986909
Registered
09-10-2025
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.