SOKABEL
ActiveSummary
The computed 12-month bankruptcy probability of SOKABEL is 9.1% (elevated). The 2024 annual accounts show equity of €51,628 and a net result of €3,900. Equity is growing by ~38.8% per year across the filed fiscal years. Its solvency ranks better than 83% of 18930 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▼-25
Solvency94▼-6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
9.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days only on tighter terms
Liquidity ample (current ratio 3.12 against 3.97 in 2023; short-term debt: 31.1% and cash: 52.3% of total assets), and 31.1% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
68.9%
Return on assets
5.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
58 d late
2023
80 d late
2022
65 d late
2021
109 d late
2020
80 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 78 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Turnover
€17,090
EBIT margin
39.3%
Net result
€3,900▼ 76.8%
2023 · €16,822
Working capital
€49,416▲ 9.9%
2023 · €44,951
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
Line20202021202220232024
Turnover€17,090
Operating result€7,759-€6,723▼ 13.3%€16,662▲ 148%€21,975▲ 31.9%€7,926▼ 63.9%
Net result€7,759-€6,660▼ 14.2%€16,487▲ 148%€16,822▲ 2.0%€3,900▼ 76.8%
EBIT margin39.3%
Equity€7,759-€14,418▲ 85.8%€30,906▲ 114%€47,727▲ 54.4%€51,628▲ 8.2%
Total assets€7,879-€14,418▲ 83.0%€36,009▲ 150%€62,867▲ 74.6%€74,937▲ 19.2%
Debt€120-€5,104€15,140▲ 197%€23,310▲ 54.0%
Working capital€7,213-€30,906€44,951▲ 45.4%€49,416▲ 9.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 64% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €74,937
Fixed assets
€2,212 ▼ 20.3%
Current assets
€72,725 ▲ 21.0%
Equity and liabilities €74,937
Equity
€51,628 ▲ 8.2%
Debt
€23,310 ▲ 54.0%
Debt's share of the balance-sheet total rises from 24.1% to 31.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€9,014▼
2023 · €22,364
Cash flow
€4,989▼
2023 · €17,210
Current ratio
3.12▼
2023 · 3.97
Quick ratio
3.06▼
2023 · 3.87
Debt to equity
0.45▲
2023 · 0.32
ROE
7.6%▼
2023 · 35.2%
ROA
5.2%▼
2023 · 26.8%
Interest coverage
40.55▼
2023 · 144.45
Debt ≤ 1 year
€23,310▲
2023 · €15,140
Income taxes
€5,561▼
2023 · €5,750
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 9.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 26,964 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €17,090 | - | - | - | - |
| Non-recurring operating income76A | - | €13,000 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €10,376 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €226 | €320 | €388 | €1,088 | ▲ 180% |
| Other operating charges640/8 | - | - | - | - | €139 | - |
| Gross operating margin9900 | €7,759 | €6,949 | €16,982 | €22,364 | €9,154 | ▼ 59.1% |
| Operating profit (loss)9901 | €7,759 | €6,723 | €16,662 | €21,975 | €7,926 | ▼ 63.9% |
| Financial income75/76B | - | - | - | €751 | €1,757 | ▲ 134% |
| Recurring financial income75 | - | - | - | €751 | €1,757 | ▲ 134% |
| Financial charges65/66B | - | €64 | €175 | €155 | €222 | ▲ 43.6% |
| Recurring financial charges65 | - | €64 | €175 | €155 | €222 | ▲ 43.6% |
| Profit (loss) for the period before taxes9903 | €7,759 | €6,660 | €16,487 | €22,571 | €9,461 | ▼ 58.1% |
| Income taxes67/77 | - | - | - | €5,750 | €5,561 | ▼ 3.3% |
| Profit (loss) for the period9904 | €7,759 | €6,660 | €16,487 | €16,822 | €3,900 | ▼ 76.8% |
| Profit (loss) for the period to be appropriated9905 | €7,759 | €6,660 | €16,487 | €16,822 | €3,900 | ▼ 76.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7,879 | €14,418 | €36,009 | €62,867 | €74,937 | ▲ 19.2% |
| Formation expenses20 | - | €320 | - | - | - | - |
| Fixed assets21/28 | €546 | - | - | €2,777 | €2,212 | ▼ 20.3% |
| Intangible fixed assets21 | €546 | - | - | - | - | - |
| Tangible fixed assets22/27 | - | - | - | €2,777 | €2,212 | ▼ 20.3% |
| Plant, machinery and equipment23 | - | - | - | €2,777 | €2,212 | ▼ 20.3% |
| Current assets29/58 | €7,333 | €14,098 | €36,009 | €60,090 | €72,725 | ▲ 21.0% |
| Stocks and contracts in progress3 | - | - | €1,500 | €1,500 | €1,500 | = |
| Stocks30/36 | - | - | €1,500 | €1,500 | €1,500 | = |
| Amounts receivable within one year40/41 | €2,010 | €9,070 | €27,130 | €27,983 | €32,069 | ▲ 14.6% |
| Trade receivables40 | - | - | €70 | - | - | - |
| Other amounts receivable41 | - | €9,070 | €27,060 | €27,983 | €32,069 | ▲ 14.6% |
| Cash at bank and in hand54/58 | €5,323 | €5,028 | €7,379 | €30,608 | €39,156 | ▲ 27.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7,879 | €14,418 | €36,009 | €62,867 | €74,937 | ▲ 19.2% |
| Equity10/15 | €7,759 | €14,418 | €30,906 | €47,727 | €51,628 | ▲ 8.2% |
| Profit (loss) carried forward14 | €7,759 | €14,418 | €30,906 | €47,727 | €51,628 | ▲ 8.2% |
| Amounts payable17/49 | €120 | - | €5,104 | €15,140 | €23,310 | ▲ 54.0% |
| Amounts payable within one year42/48 | €120 | - | €5,104 | €15,140 | €23,310 | ▲ 54.0% |
| Trade debts44 | - | - | - | €333 | - | - |
| Suppliers440/4 | - | - | - | €333 | - | - |
| Advances received on contracts in progress46 | - | - | €1,821 | - | - | - |
| Taxes, remuneration and social security45 | - | - | €3,282 | €14,806 | €23,310 | ▲ 57.4% |
| Taxes450/3 | - | - | €3,282 | €14,806 | €23,310 | ▲ 57.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,759 | €6,660 | €16,487 | €16,822 | €3,900 | ▼ 76.8% |
| + Depreciation and write-downs630 | - | €226 | €320 | €388 | €1,088 | ▲ 180% |
| Operating cash flow (approximation) | €7,759 | €6,885 | €16,807 | €17,210 | €4,989 | ▼ 71.0% |
| Investment in fixed assets (approximation) | - | - | - | - | -€524 | - |
| Change in cash | - | -€295 | €2,351 | €23,228 | €8,549 | ▼ 63.2% |
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
2025
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 58 days late
2024
31-12
Financial
Weakest financial yearnet €3,900 ▼76.8%
Net result drops to €3,900, the lowest in the series.
19-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 80 days late
2023
31-12
Financial
Highest result since 2020net €16,822 ▲2%
Operating result €21,975, net result €16,822, both a record.
04-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 65 days late
2022
17-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 109 days late
2021
19-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 80 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Sint-Jans-Molenbeek · 2 establishment units since 2020
Ground area
166 m²
Building footprint
153 m²
Volume, LiDAR
2,287 m³
2 parcels, Brussels · tallest building 19.7 m, ±6 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
SOKABEL
since 20202.304.633.391
SOKABEL
since 20202.304.633.292
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0819/00C003 | Brussels | 87 m² | 1 · 87 m² | 19.6 m · 6 fl. |
| 21523B0822/00Y005 | Brussels | 79 m² | 1 · 66 m² | 18.0 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Jans-Molenbeek2.304.633.391
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Of 14,005 companies in sector 56301 we hold annual accounts for 4,893. 4,052 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
Founded04-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
61200Telecommunications resale and intermediation services
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0749800397
Also
9925:BE0749800397
Registered
24-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.