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Soete

Active
Public limited companyfounded 196857 yrs active't Serclaesdreef 10, 2160 Wommelgem, BelgiumKBO/BCE: BE 0400.886.746

Soete has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €249k and a net result of €-19k. Equity is shrinking by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 27% of 9095 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
20 / 100
Critical▲ +10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency6=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.22 against 0.24 in 2024), and 91.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
elevated failure risk from 2 to 8 years 57 years 0 60 y
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
Sector 68
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€19k
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 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
64 d early
2024
19 d late
2023
29 d late
2022
59 d early
2021
51 d early
2020
52 d early
2019
58 d early
← 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 months
Position in the running window
13-09-2026 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

Financials · fiscal year 2025, abbreviated schema

Equity
€249k▼ 7.2%
2024 · €269k
2018: €884k 2019: €432k 2020: €435k 2021: €437k 2022: €440k 2023: €302k 2024: €269k
2018 → 2025
Total assets
€2.88M▲ 3.3%
2024 · €2.79M
2018: €1.57M 2019: €1.57M 2020: €1.47M 2021: €1.37M 2022: €1.34M 2023: €2.05M 2024: €2.79M
2018 → 2025
Net result
€-19k▲ 41.2%
2024 · €-33k
2018: €3k 2019: €-2k 2020: €3k 2021: €2k 2022: €2k 2023: €-138k 2024: €-33k
2018 → 2025
Working capital
€-1.99M▼ 3.2%
2024 · €-1.93M
2018: €487k 2019: €45k 2020: €48k 2021: €41k 2022: €43k 2023: €-1.14M 2024: €-1.93M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€437k-€440k▲ 0.5%€302k▼ 31.4%€269k▼ 10.9%€249k▼ 7.2%
Operating result€3k-€2k▼ 19.0%€-136k€-20k▲ 85.2%€-17k▲ 17.1%
Net result€2k-€2k▲ 15.0%€-138k€-33k▲ 76.0%€-19k▲ 41.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-150k€-100k€-50k€0Operating result 2021: €3k€3kNet result 2021: €2k€2kOperating result 2022: €2k€2kNet result 2022: €2k€2kOperating result 2023: €-136k€-136kNet result 2023: €-138k€-138kOperating result 2024: €-20k€-20kNet result 2024: €-33k€-33kOperating result 2025: €-17k€-17kNet result 2025: €-19k€-19k20212022202320242025
The operating result stays negative: a loss of €17k in 2025 against €20k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.88M
Fixed assets €2.31M▲ 5.2%
Current assets €572k▼ 3.9%
Equity and liabilities €2.88M
Equity €249k▼ 7.2%
Debt €2.63M▲ 4.4%
The debt ratio rises from 90.4% to 91.4%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
Solvency
8.6%
2024 · 9.6%
Current ratio
0.22
2024 · 0.24
Quick ratio
0.22
2024 · 0.24
Debt / equity
10.56
2024 · 9.39
ROE
-7.8%
2024 · -12.3%
ROA
-0.7%
2024 · -1.2%
Debt
€2.63M
2024 · €2.52M
Debt ≤ 1 year
€2.56M
2024 · €2.52M
Debt > 1 year
€71k
Income taxes
€-7
2024 · €0
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€2.79M€2.88M
Fixed assets21/28€2.20M€2.31M
Tangible fixed assets22/27€1.08M€1.19M
Land and buildings22€1.08M€1.08M=
Assets under construction and advance payments27-€114k
Financial fixed assets28€1.12M€1.12M=
Current assets29/58€595k€572k
Amounts receivable within one year40/41€574k€557k
Trade receivables40€363€471
Other amounts receivable41€574k€557k
Cash at bank and in hand54/58€21k€14k
Deferred charges and accrued income490/1€0€1k
Equity and liabilities
Total equity and liabilities10/49€2.79M€2.88M
Equity10/15€269k€249k
Contributions10/11€130k€130k=
Capital10€130k€130k=
Issued capital100€130k€130k=
Reserves13€319k€319k=
Non-distributable reserves130/1€17k€17k=
Legal reserve130€17k€17k=
Tax-exempt reserves132€55k€55k=
Distributable reserves133€247k€247k=
Profit (loss) carried forward14€-180k€-200k
Amounts payable17/49€2.52M€2.63M
Amounts payable after more than one year17-€71k
Financial debts170/4-€71k
Amounts payable within one year42/48€2.52M€2.56M
Current portion of amounts payable after more than one year42-€27k
Trade debts44€997€50
Suppliers440/4€997€50
Taxes, remuneration and social security45€1k€0
Taxes450/3€1k€0
Other amounts payable47/48€2.52M€2.54M
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€10k€9k
Gross operating margin9900€-10k€-8k
Operating profit (loss)9901€-20k€-17k
Financial income75/76B€8k€6k
Recurring financial income75€8k€6k
Financial charges65/66B€21k€8k
Recurring financial charges65€21k€8k
Profit (loss) for the period before taxes9903€-33k€-19k
Income taxes67/77€0€-7
Profit (loss) for the period9904€-33k€-19k
Profit (loss) for the period to be appropriated9905€-33k€-19k
Appropriation of the result
Profit (loss) to be appropriated9906€-180k€-200k
Profit (loss) brought forward from the previous period14P€-147k€-180k

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-05
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
19-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 19 days late
2024
29-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial Weakest financial yearnet €-138k ▼5951%
Net result drops to €-138k, the lowest in the series; recovery starts the following year.
02-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
10-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
09-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €3k
Net result €3k after one loss-making year.
03-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
19-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
11-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
14-06
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
5 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, Wommelgem · 1 establishment unit since 1968
establishment The establishment unit on the map
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.

't Serclaesdreef 102160 Wommelgem
Ground area
2,745 m²
Building footprint
1,187 m²
Volume, LiDAR
7,621 m³
2 parcels, Flanders · tallest building 33.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Van Baurscheitlaan 54, 2100 Antwerpen
Activities of head offices; management consultancy activities
since 19682.002.162.647
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11052D0005/00T003 Flanders 2,541 m² 1 · 1,099 m² 33.1 m · 2 fl.
11346B0546/00B002 Flanders 204 m² 1 · 88 m² 9.7 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 11,974 companies in sector 68203 we hold annual accounts for 5,947. 4,317 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded12-11-1968
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
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.