Soetkin
ActiveSummary
Soetkin has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.3m and a net result of €699,335. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 74% of 398 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
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Signals
This company filed its last 7 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 24 days before the deadline, and 25% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, abbreviated schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 88, Social work activities without accommodation, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 1,577 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 97% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,662 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% | 1.7% |
| 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 75% 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 1,577 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €6.0m | €6.5m | €6.6m | €6.7m | €7.0m | ▲ 5.6% |
| Turnover70 | €1.5m | €1.8m | €1.7m | €1.2m | €1.3m | ▲ 7.7% |
| Other operating income74 | €180,023 | €121,354 | €148,803 | €111,130 | €125,138 | ▲ 12.6% |
| Non-recurring operating income76A | €1,036 | €144 | - | - | €6,056 | - |
| Operating charges60/66A | €5.9m | €6.4m | €6.3m | €5.9m | €6.3m | ▲ 7.0% |
| Goods for resale, raw materials and consumables60 | €90,233 | €101,918 | €104,090 | €112,494 | €104,129 | ▼ 7.4% |
| Purchases600/8 | €90,233 | €101,918 | €104,090 | €112,494 | €104,129 | ▼ 7.4% |
| Services and other goods61 | €702,742 | €894,737 | €913,881 | €896,765 | €928,784 | ▲ 3.6% |
| Remuneration, social security and pensions62 | €4.8m | €5.1m | €5.0m | €4.6m | €5.0m | ▲ 8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €298,197 | €299,807 | €300,226 | €284,617 | €283,214 | ▼ 0.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €661 | €241 | €321 | - | €191 | - |
| Other operating charges640/8 | €8,307 | €10,330 | €16,510 | €11,111 | €14,955 | ▲ 34.6% |
| Non-recurring operating charges66A | - | - | - | - | €3,500 | - |
| Operating profit (loss)9901 | €184,561 | €61,711 | €259,376 | €766,527 | €722,007 | ▼ 5.8% |
| Financial income75/76B | €82 | €51 | €2 | €182 | €30 | ▼ 83.7% |
| Recurring financial income75 | €82 | €51 | €2 | €182 | €30 | ▼ 83.7% |
| Other financial income752/9 | €82 | €51 | €2 | €182 | €30 | ▼ 83.7% |
| Financial charges65/66B | €27,257 | €27,129 | €24,924 | €24,939 | €22,702 | ▼ 9.0% |
| Recurring financial charges65 | €27,257 | €27,129 | €24,924 | €24,939 | €22,702 | ▼ 9.0% |
| Debt charges650 | €25,467 | €25,100 | €22,610 | €21,514 | €20,108 | ▼ 6.5% |
| Other financial charges652/9 | €1,790 | €2,029 | €2,314 | €3,426 | €2,594 | ▼ 24.3% |
| Profit (loss) for the period before taxes9903 | €157,386 | €34,633 | €234,454 | €741,770 | €699,335 | ▼ 5.7% |
| Profit (loss) for the period9904 | €157,386 | €34,633 | €234,454 | €741,770 | €699,335 | ▼ 5.7% |
| Profit (loss) for the period to be appropriated9905 | €157,386 | €34,633 | €234,454 | €741,770 | €699,335 | ▼ 5.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7.5m | €7.5m | €7.2m | €7.8m | €8.5m | ▲ 8.4% |
| Fixed assets21/28 | €6.3m | €6.0m | €5.7m | €5.6m | €6.9m | ▲ 25.0% |
| Tangible fixed assets22/27 | €5.7m | €5.4m | €5.2m | €5.0m | €4.8m | ▼ 4.5% |
| Land and buildings22 | €5.5m | €5.3m | €5.0m | €4.9m | €4.7m | ▼ 4.8% |
| Plant, machinery and equipment23 | €61,514 | €55,632 | €42,089 | €50,336 | €66,069 | ▲ 31.3% |
| Furniture and vehicles24 | €90,331 | €69,342 | €64,793 | €49,129 | €37,918 | ▼ 22.8% |
| Assets under construction and advance payments27 | - | - | - | - | €3,394 | - |
| Financial fixed assets28 | €570,745 | €570,745 | €570,745 | €570,745 | €2.2m | ▲ 283% |
| Affiliated companies280/1 | €560,750 | €560,750 | €560,750 | €560,750 | €2.2m | ▲ 288% |
| Participating interests280 | €750 | €750 | €750 | €750 | €750 | = |
| Amounts receivable281 | €560,000 | €560,000 | €560,000 | €560,000 | €2.2m | ▲ 288% |
| Other financial fixed assets284/8 | €9,995 | €9,995 | €9,995 | €9,995 | €9,995 | = |
| Amounts receivable and cash guarantees285/8 | €9,995 | €9,995 | €9,995 | €9,995 | €9,995 | = |
| Current assets29/58 | €1.3m | €1.5m | €1.5m | €2.2m | €1.5m | ▼ 32.7% |
| Amounts receivable within one year40/41 | €1.0m | €1.2m | €1.2m | €1.5m | €894,652 | ▼ 40.4% |
| Trade receivables40 | €260,943 | €264,009 | €173,955 | €148,469 | €163,833 | ▲ 10.3% |
| Other amounts receivable41 | €752,823 | €984,415 | €1.0m | €1.4m | €730,818 | ▼ 45.9% |
| Cash at bank and in hand54/58 | €251,268 | €262,830 | €235,236 | €746,506 | €618,230 | ▼ 17.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7.5m | €7.5m | €7.2m | €7.8m | €8.5m | ▲ 8.4% |
| Equity10/15 | €4.7m | €4.6m | €5.0m | €5.7m | €6.3m | ▲ 11.0% |
| Contributions10/11 | - | €400,000 | €611,950 | €611,950 | €611,950 | = |
| Capital10 | - | €400,000 | €611,950 | €611,950 | €611,950 | = |
| Profit (loss) carried forward14 | €2.5m | €2.5m | €2.7m | €3.5m | €4.2m | ▲ 20.0% |
| Investment grants15 | €1.8m | €1.7m | €1.6m | €1.6m | €1.5m | ▼ 5.0% |
| Amounts payable17/49 | €2.9m | €2.9m | €2.2m | €2.1m | €2.2m | ▲ 1.6% |
| Amounts payable after more than one year17 | €1.7m | €1.6m | €1.2m | €1.1m | €932,158 | ▼ 14.9% |
| Financial debts170/4 | €1.7m | €1.6m | €1.2m | €1.1m | €932,158 | ▼ 14.9% |
| Subordinated loans170 | €211,950 | €211,950 | - | - | - | - |
| Credit institutions173 | €1.5m | €1.3m | €1.2m | €1.1m | €932,158 | ▼ 14.9% |
| Amounts payable within one year42/48 | €1.2m | €1.3m | €996,445 | €1.1m | €1.2m | ▲ 18.8% |
| Current portion of amounts payable after more than one year42 | €162,504 | €150,150 | €152,438 | €160,304 | €162,910 | ▲ 1.6% |
| Trade debts44 | €126,425 | €257,451 | €60,759 | €126,136 | €112,403 | ▼ 10.9% |
| Suppliers440/4 | €126,425 | €257,451 | €60,759 | €126,136 | €112,403 | ▼ 10.9% |
| Taxes, remuneration and social security45 | €797,412 | €847,231 | €707,067 | €689,379 | €894,888 | ▲ 29.8% |
| Taxes450/3 | €122,965 | €131,949 | €123,198 | €113,718 | €131,534 | ▲ 15.7% |
| Remuneration and social security454/9 | €674,447 | €715,282 | €583,868 | €575,661 | €763,354 | ▲ 32.6% |
| Accrued charges and deferred income492/3 | €2,500 | €3,526 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €157,386 | €34,633 | €234,454 | €741,770 | €699,335 | ▼ 5.7% |
| + Depreciation and write-downs630 | €298,197 | €299,807 | €300,226 | €284,617 | €283,214 | ▼ 0.5% |
| Operating cash flow (approximation) | €455,583 | €334,441 | €534,680 | €1.0m | €982,549 | ▼ 4.3% |
| Investment in fixed assets (approximation) | - | -€34,734 | -€22,232 | -€114,067 | -€1.7m | ▼ 1,367% |
| Change in cash | - | €11,562 | -€27,594 | €511,269 | -€128,276 | ▼ 125% |
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
26-03
State Gazette act
Reappointment: NV CALLENS VANDELANOTTE (statutory auditor)Permanent representative: Francis Rysman3 facts ▸
- General meeting, 18 juni 2025
- Director reappointment, NV CALLENS VANDELANOTTE (statutory auditor)
- Permanent representative, Francis Rysman (representative)
About the unread acts
Of the 11 Belgian State Gazette acts we know for this company, 1 has been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Statutory auditor 1
11 establishment units
Show 5 more locations
12 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353H1644/00A000 | Flanders | 7,323 m² | - | - |
| 34352F0752/00N000 | Flanders | 5,522 m² | 1 · 3,018 m² | 20.1 m · 4 fl. |
| 34024B0340/00N004 | Flanders | 2,902 m² | 1 · 866 m² | 5.8 m · 1 fl. |
| 34354D0187/00P000 | Flanders | 2,470 m² | 1 · 612 m² | 8.9 m · 2 fl. |
| 34003A1186/00L000 | Flanders | 2,454 m² | 1 · 235 m² | 16.0 m · 4 fl. |
| 34392C0192/00L002 | Flanders | 1,606 m² | 1 · 1,013 m² | 9.9 m |
| 34036B0071/00T002 | Flanders | 1,506 m² | 1 · 385 m² | 3.7 m · 1 fl. |
| 45043B0547/00G000 | Flanders | 910 m² | 1 · 440 m² | 6.3 m |
| 34002F0711/00P000 | Flanders | 646 m² | 1 · 252 m² | - |
| 34007A0149/00F005 | Flanders | 555 m² | 1 · 101 m² | 6.4 m · 1 fl. |
| 34006A0438/00R003 | Flanders | 520 m² | 1 · 181 m² | 8.6 m · 2 fl. |
| 34352F0764/00E004 | Flanders | 346 m² | - | - |
Linked by address, not proof of ownership
Structure & network
Connections & network
4 connected companiesPublic money · subsidies and aid
Flemish government
2022 to 2025 · 25 entries · 18,695,457 EUR awarded · 18,674,586 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 6 | 5,239,825 EUR | 5,220,146 EUR |
| 2024 | 7 | 4,730,660 EUR | 4,731,852 EUR |
| 2023 | 6 | 4,516,967 EUR | 4,514,583 EUR |
| 2022 | 6 | 4,208,005 EUR | 4,208,005 EUR |
Recognitions · licences · registrations
Food safety, FASFC
10 sitesShow 6 more sites
Care and welfare
33 services · 12 liveShow 29 more services
Quality registration as a provider
1 live approvalSimilar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.