SOETEMANS
ActiveSummary
SOETEMANS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €284,002 and a net result of -€1,563. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 31% of 4564 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability68▼-9
Solvency48▼-41
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity tight (current ratio 1.09 against 3.46 in 2024; short-term debt: 41.8% and cash: 4.4% of total assets), and 77% of the assets are financed with debt.
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Signals
Three 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 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% 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 dateAge against the risk zone
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
28 d early
2023
30 d early
2022
20 d early
2021
1 d late
2020
45 d early
2019
34 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 26 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€522,060
EBIT margin
2.0%
Net result
-€1,563
2024 · €29,165
Working capital
€45,680▼ 70.3%
2024 · €153,553
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€34,000▲ 33.9%€53,509▲ 57.4%€54,098▲ 1.1%€50,557▼ 6.5%€10,709▼ 78.8%
Net result€19,994▲ 15.9%€35,097▲ 75.5%€33,954▼ 3.3%€29,165▼ 14.1%-€1,563
EBIT margin
Equity€203,049▲ 10.9%€238,146▲ 17.3%€272,100▲ 14.3%€290,565▲ 6.8%€284,002▼ 2.3%
Total assets€397,798▼ 1.8%€399,402▲ 0.4%€448,440▲ 12.3%€455,847▲ 1.7%€1.2m▲ 171%
Debt€194,749▼ 12.4%€161,256▼ 17.2%€176,340▲ 9.4%€165,282▼ 6.3%€951,547▲ 476%
Working capital€141,154▲ 34.0%€151,778▲ 7.5%€193,129▲ 27.2%€153,553▼ 20.5%€45,680▼ 70.3%
Staff (FTE)1.6▲ 33.3%2.2▲ 37.5%2.6▲ 18.2%2.8▲ 7.7%2.2▼ 21.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2025 Total assets +171% on 2024. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 79% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€673,331 ▲ 181%
Current assets
€562,218 ▲ 160%
Equity and liabilities €1.2m
Equity
€284,002 ▼ 2.3%
Debt
€951,547 ▲ 476%
Debt's share of the balance-sheet total rises from 36.3% to 77.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€71,063▼
2024 · €95,449
Cash flow
€58,792▼
2024 · €74,057
Current ratio
1.09▼
2024 · 3.46
Quick ratio
0.27▼
2024 · 3.30
Debt to equity
3.35▲
2024 · 0.57
ROE
-0.6%▼
2024 · 10.0%
ROA
-0.1%▼
2024 · 6.4%
Interest coverage
5.88▼
2024 · 9.76
Debt ≤ 1 year
€516,537▲
2024 · €62,513
Debt > 1 year
€382,285▲
2024 · €96,563
Income taxes
€760▼
2024 · €12,086
Staff costs
€77,696▼
2024 · €116,846
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,448 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a small loss
1.4%
went bankrupt
5.0%
stopped otherwise
93%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 2,448 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €64,414 | €89,279 | €104,728 | €116,846 | €77,696 | ▼ 33.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39,794 | €32,304 | €34,307 | €44,892 | €60,354 | ▲ 34.4% |
| Other operating charges640/8 | €3,093 | €3,126 | €4,253 | €3,419 | €8,759 | ▲ 156% |
| Gross operating margin9900 | €141,301 | €178,217 | €197,386 | €215,713 | €157,519 | ▼ 27.0% |
| Operating profit (loss)9901 | €34,000 | €53,509 | €54,098 | €50,557 | €10,709 | ▼ 78.8% |
| Financial income75/76B | €619 | €1,146 | €0 | €475 | €565 | ▲ 18.8% |
| Recurring financial income75 | €619 | €1,146 | €0 | €475 | €565 | ▲ 18.8% |
| Financial charges65/66B | €5,689 | €5,714 | €5,238 | €9,782 | €12,076 | ▲ 23.5% |
| Recurring financial charges65 | €5,689 | €5,714 | €5,238 | €9,782 | €12,076 | ▲ 23.5% |
| Profit (loss) for the period before taxes9903 | €28,930 | €48,941 | €48,861 | €41,250 | -€803 | ▼ 102% |
| Income taxes67/77 | €8,937 | €13,844 | €14,907 | €12,086 | €760 | ▼ 93.7% |
| Profit (loss) for the period9904 | €19,994 | €35,097 | €33,954 | €29,165 | -€1,563 | ▼ 105% |
| Profit (loss) for the period to be appropriated9905 | €19,994 | €35,097 | €33,954 | €29,165 | -€1,563 | ▼ 105% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €397,798 | €399,402 | €448,440 | €455,847 | €1.2m | ▲ 171% |
| Fixed assets21/28 | €179,445 | €189,668 | €169,564 | €239,782 | €673,331 | ▲ 181% |
| Tangible fixed assets22/27 | €179,430 | €189,653 | €169,549 | €239,782 | €673,331 | ▲ 181% |
| Land and buildings22 | €151,313 | €137,047 | €125,188 | €110,775 | €540,294 | ▲ 388% |
| Plant, machinery and equipment23 | €2,274 | €6,424 | €7,916 | €17,120 | €12,400 | ▼ 27.6% |
| Furniture and vehicles24 | €17,560 | €38,800 | €29,964 | €106,306 | €115,959 | ▲ 9.1% |
| Other tangible fixed assets26 | €8,283 | €7,382 | €6,481 | €5,580 | €4,679 | ▼ 16.1% |
| Financial fixed assets28 | €15 | €15 | €15 | €0 | - | - |
| Current assets29/58 | €218,353 | €209,734 | €278,876 | €216,065 | €562,218 | ▲ 160% |
| Stocks and contracts in progress3 | €7,500 | €7,500 | €7,500 | €9,481 | €422,170 | ▲ 4,353% |
| Stocks30/36 | €7,500 | €7,500 | €7,500 | €9,481 | €422,170 | ▲ 4,353% |
| Amounts receivable within one year40/41 | €25,384 | €58,967 | €87,652 | €14,664 | €30,339 | ▲ 107% |
| Trade receivables40 | €16,607 | €55,253 | €87,058 | €13,156 | €27,099 | ▲ 106% |
| Other amounts receivable41 | €8,777 | €3,715 | €593 | €1,507 | €3,240 | ▲ 115% |
| Current investments50/53 | €2,143 | €2,143 | €2,143 | €0 | - | - |
| Cash at bank and in hand54/58 | €50,860 | €137,732 | €172,027 | €136,740 | €54,454 | ▼ 60.2% |
| Deferred charges and accrued income490/1 | €132,466 | €3,392 | €9,555 | €55,180 | €55,254 | ▲ 0.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €397,798 | €399,402 | €448,440 | €455,847 | €1.2m | ▲ 171% |
| Equity10/15 | €203,049 | €238,146 | €272,100 | €290,565 | €284,002 | ▼ 2.3% |
| Contributions10/11 | €15,000 | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Reserves13 | €188,049 | €223,146 | €257,100 | €275,565 | €269,002 | ▼ 2.4% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | €186,189 | €221,286 | €255,240 | €275,565 | €269,002 | ▼ 2.4% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €194,749 | €161,256 | €176,340 | €165,282 | €951,547 | ▲ 476% |
| Amounts payable after more than one year17 | €116,814 | €101,442 | €89,481 | €96,563 | €382,285 | ▲ 296% |
| Financial debts170/4 | €116,814 | €101,442 | €89,481 | €96,563 | €382,285 | ▲ 296% |
| Amounts payable within one year42/48 | €77,199 | €57,956 | €85,747 | €62,513 | €516,537 | ▲ 726% |
| Current portion of amounts payable after more than one year42 | €20,059 | €15,388 | €11,961 | €21,027 | €37,612 | ▲ 78.9% |
| Financial debts43 | - | - | €0 | €0 | - | - |
| Credit institutions430/8 | - | - | €0 | €0 | - | - |
| Trade debts44 | €36,635 | €9,751 | €25,232 | €5,750 | €120,906 | ▲ 2,003% |
| Suppliers440/4 | €36,635 | €9,751 | €25,232 | €5,750 | €120,906 | ▲ 2,003% |
| Advances received on contracts in progress46 | - | - | - | - | €38,101 | - |
| Taxes, remuneration and social security45 | €5,887 | €17,373 | €28,449 | €28,847 | €28,320 | ▼ 1.8% |
| Taxes450/3 | €1,772 | €15,126 | €20,707 | €9,404 | €19,252 | ▲ 105% |
| Remuneration and social security454/9 | €4,115 | €2,247 | €7,742 | €19,443 | €9,068 | ▼ 53.4% |
| Other amounts payable47/48 | €14,618 | €15,445 | €20,105 | €6,888 | €291,598 | ▲ 4,133% |
| Accrued charges and deferred income492/3 | €735 | €1,858 | €1,112 | €6,206 | €52,725 | ▲ 750% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,994 | €35,097 | €33,954 | €29,165 | -€1,563 | ▼ 105% |
| + Depreciation and write-downs630 | €39,794 | €32,304 | €34,307 | €44,892 | €60,354 | ▲ 34.4% |
| Operating cash flow (approximation) | €59,788 | €67,401 | €68,261 | €74,057 | €58,792 | ▼ 20.6% |
| Investment in fixed assets (approximation) | - | -€42,527 | -€14,203 | -€115,110 | -€493,904 | ▼ 329% |
| Change in cash | - | €86,872 | €34,295 | -€35,287 | -€82,286 | ▼ 133% |
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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€1,563
Net result drops to -€1,563, the lowest in the series.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €35,097 ▲75.5%
Net result €35,097, the highest in the series.
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
31-12
Financial
Equity above €200,000Eq €203,049 ▲10.9%
4 profitable years in a row build equity to €203,049.
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
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.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Stekene · 1 establishment unit since 2005
Ground area
1,210 m²
Building footprint
39 m²
Parcel 46322C0649/00T000, Flanders. Linked by address, not a title deed.
1 establishment unit
SOETEMANS
since 20052.149.087.755
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46322C0649/00T000 | Flanders | 1,210 m² | 1 · 39 m² | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 1,635 EUR awarded · 1,635 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,000 EUR | 1,000 EUR |
| 2024 | 1 | 296 EUR | 296 EUR |
| 2022 | 1 | 339 EUR | 339 EUR |
Recognitions · licences · registrations
Dual-learning approval
1 live approvalGroenaanleg en –beheer duaal (so)
Similar companies · same sector, comparable size
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BRUNDSEAUX ESPACES VERTS
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Of 21,225 companies in sector 81300 we hold annual accounts for 4,366. 3,154 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-09-2005
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
47120Other non-specialised retail sale
47761Retail sale of flowers, plants, seeds and fertilisers
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0875860213
Also
9925:BE0875860213
Registered
18-09-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.