SOPROCOM
ActiveSummary
SOPROCOM has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €387,622 and a net result of -€10,774. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 83% of 6131 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability61▼-13
Solvency99▲+7
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.31 against 2.5 in 2023; short-term debt: 26.3% and cash: 16% of total assets), and 26.3% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
73.7%
Return on assets
-2%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-11-2025, 117 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
117 d late
2023
28 d late
2022
107 d late
2021
121 d late
2020
91 d late
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 93 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€10,774
2023 · €23,035
Working capital
€42,175▼ 67.1%
2023 · €128,094
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line20202021202220232024
Operating result€28,007▼ 45.8%€5,029▼ 82.0%€10,998▲ 119%€34,743▲ 216%€4,204▼ 87.9%
Net result€22,283within the sector's middle half▼ 48.3%-€3,524below the sector's middle half€5,493below the sector's middle half€23,035within the sector's middle half▲ 319%-€10,774below the sector's middle half
Equity€393,392above the sector's middle half▲ 2.4%€389,868within the sector's middle half▼ 0.9%€395,361within the sector's middle half▲ 1.4%€398,396within the sector's middle half▲ 0.8%€387,622within the sector's middle half▼ 2.7%
Total assets€755,711above the sector's middle half▼ 2.3%€713,918below the sector's middle half▼ 5.5%€643,434below the sector's middle half▼ 9.9%€596,154below the sector's middle half▼ 7.3%€525,848below the sector's middle half▼ 11.8%
Debt€362,319▼ 7.0%€324,050▼ 10.6%€248,073▼ 23.4%€197,759▼ 20.3%€138,226▼ 30.1%
Working capital€151,252above the sector's middle half▼ 19.8%€151,055within the sector's middle half▼ 0.1%€130,032within the sector's middle half▼ 13.9%€128,094within the sector's middle half▼ 1.5%€42,175below the sector's middle half▼ 67.1%
Solvency52.1%within the sector's middle half▲ 2.4pp54.6%within the sector's middle half▲ 2.6pp61.4%within the sector's middle half▲ 6.8pp66.8%above the sector's middle half▲ 5.4pp73.7%above the sector's middle half▲ 6.9pp
Current ratio2.60within the sector's middle half▼ 0.772.54within the sector's middle half▼ 0.062.38within the sector's middle half▼ 0.162.50within the sector's middle half▲ 0.111.31within the sector's middle half▼ 1.19
Return on assets (ROA)2.9%within the sector's middle half▼ 2.6pp-0.5%below the sector's middle half▼ 3.4pp0.9%within the sector's middle half▲ 1.3pp3.9%within the sector's middle half▲ 3.0pp-2.0%below the sector's middle half▼ 5.9pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 88% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €525,848
Fixed assets
€345,448 ▼ 9.7%
Current assets
€180,401 ▼ 15.6%
Equity and liabilities €525,848
Equity
€387,622 ▼ 2.7%
Debt
€138,226 ▼ 30.1%
Debt's share of the balance-sheet total falls from 33.2% to 26.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€41,236▼
2023 · €71,775
Cash flow
€26,258▼
2023 · €60,066
Debt to equity
0.36▼
2023 · 0.50
ROE
-2.8%▼
2023 · 5.8%
Interest coverage
5.43▼
2023 · 10.03
Debt ≤ 1 year
€138,226▲
2023 · €85,581
Income taxes
€8,308▲
2023 · €5,106
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.1%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 8,611 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44,132 | €45,331 | €45,331 | €37,031 | €37,031 | = |
| Other operating charges640/8 | - | €14,121 | €12,439 | €13,612 | €15,424 | ▲ 13.3% |
| Gross operating margin9900 | €83,384 | €64,481 | €68,768 | €85,387 | €56,660 | ▼ 33.6% |
| Operating profit (loss)9901 | €28,007 | €5,029 | €10,998 | €34,743 | €4,204 | ▼ 87.9% |
| Financial income75/76B | - | €366 | €439 | €555 | €922 | ▲ 66.2% |
| Recurring financial income75 | €416 | €366 | €439 | €555 | €922 | ▲ 66.2% |
| Financial charges65/66B | - | €3,558 | €3,504 | €7,157 | €7,592 | ▲ 6.1% |
| Recurring financial charges65 | €3,915 | €3,558 | €3,504 | €7,157 | €7,592 | ▲ 6.1% |
| Profit (loss) for the period before taxes9903 | €24,508 | €1,837 | €7,933 | €28,141 | -€2,465 | ▼ 109% |
| Income taxes67/77 | €2,225 | €5,361 | €2,439 | €5,106 | €8,308 | ▲ 62.7% |
| Profit (loss) for the period9904 | €22,283 | -€3,524 | €5,493 | €23,035 | -€10,774 | ▼ 147% |
| Profit (loss) for the period to be appropriated9905 | €22,283 | -€3,524 | €5,493 | €23,035 | -€10,774 | ▼ 147% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €755,711 | €713,918 | €643,434 | €596,154 | €525,848 | ▼ 11.8% |
| Fixed assets21/28 | €510,172 | €464,841 | €419,510 | €382,479 | €345,448 | ▼ 9.7% |
| Tangible fixed assets22/27 | €510,172 | €464,841 | €419,510 | €382,479 | €345,448 | ▼ 9.7% |
| Land and buildings22 | - | €464,006 | €419,244 | €382,479 | €345,448 | ▼ 9.7% |
| Furniture and vehicles24 | - | €835 | €267 | - | - | - |
| Current assets29/58 | €245,539 | €249,076 | €223,924 | €213,675 | €180,401 | ▼ 15.6% |
| Amounts receivable within one year40/41 | €164,959 | €156,817 | €148,065 | €124,206 | €96,192 | ▼ 22.6% |
| Trade receivables40 | - | €46,327 | €35,203 | €13,261 | €8,661 | ▼ 34.7% |
| Other amounts receivable41 | - | €110,489 | €112,862 | €110,945 | €87,531 | ▼ 21.1% |
| Current investments50/53 | €67 | €67 | €67 | €67 | €67 | = |
| Cash at bank and in hand54/58 | €80,513 | €92,193 | €75,792 | €89,403 | €84,142 | ▼ 5.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €755,711 | €713,918 | €643,434 | €596,154 | €525,848 | ▼ 11.8% |
| Equity10/15 | €393,392 | €389,868 | €395,361 | €398,396 | €387,622 | ▼ 2.7% |
| Contributions10/11 | €167,732 | €167,732 | €167,732 | €167,732 | €167,732 | = |
| Capital10 | - | - | €167,732 | €167,732 | €167,732 | = |
| Issued capital100 | - | - | €167,732 | €167,732 | €167,732 | = |
| Reserves13 | €105,411 | €105,411 | €105,411 | €105,411 | €105,411 | = |
| Non-distributable reserves130/1 | - | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Legal reserve130 | - | - | €15,000 | €15,000 | €15,000 | = |
| Reserves not available under the articles1311 | - | €15,000 | - | - | - | - |
| Distributable reserves133 | - | €90,411 | €90,411 | €90,411 | €90,411 | = |
| Profit (loss) carried forward14 | €120,249 | €116,725 | €122,218 | €125,253 | €114,480 | ▼ 8.6% |
| Amounts payable17/49 | €362,319 | €324,050 | €248,073 | €197,759 | €138,226 | ▼ 30.1% |
| Amounts payable after more than one year17 | €268,032 | €226,028 | €154,182 | €112,178 | - | - |
| Financial debts170/4 | - | €196,186 | €154,182 | €112,178 | - | - |
| Other amounts payable178/9 | - | €29,843 | - | - | - | - |
| Amounts payable within one year42/48 | €94,286 | €98,022 | €93,891 | €85,581 | €138,226 | ▲ 61.5% |
| Current portion of amounts payable after more than one year42 | - | €42,004 | €42,004 | €42,004 | €28,879 | ▼ 31.2% |
| Financial debts43 | - | - | - | - | €62,674 | - |
| Credit institutions430/8 | - | - | - | - | €62,674 | - |
| Trade debts44 | €2,276 | €6,018 | - | €5,700 | €4,118 | ▼ 27.7% |
| Suppliers440/4 | - | €6,018 | - | €5,700 | €4,118 | ▼ 27.7% |
| Advances received on contracts in progress46 | - | - | €5,787 | - | - | - |
| Taxes, remuneration and social security45 | - | €3,900 | - | €6,000 | €6,000 | = |
| Taxes450/3 | - | €3,900 | - | €6,000 | €6,000 | = |
| Other amounts payable47/48 | - | €46,100 | €46,100 | €31,877 | €36,555 | ▲ 14.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,283 | -€3,524 | €5,493 | €23,035 | -€10,774 | ▼ 147% |
| + Depreciation and write-downs630 | €44,132 | €45,331 | €45,331 | €37,031 | €37,031 | = |
| Operating cash flow (approximation) | €66,416 | €41,806 | €50,824 | €60,066 | €26,258 | ▼ 56.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €11,680 | -€16,401 | €13,611 | -€5,261 | ▼ 139% |
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
25-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 117 days late
2024
31-12
Financial
Weakest financial yearnet -€10,774
Net result drops to -€10,774, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2023
15-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 107 days late
2022
31-12
Financial
Back to profitnet €5,493
Net result €5,493 after one loss-making year.
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 121 days late
2021
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 91 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Highest result since 2018net €43,063 ▲143%
Operating result €51,656, net result €43,063, both a record.
22-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 114 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
29-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 151 days late
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 89 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Fernelmont · 1 establishment unit since 1995
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.
Rue du Grand Champ, ZI, Nov. 45380 FernelmontGround area
2,646 m²
Building footprint
277 m²
Volume, LiDAR
3,268 m³
Parcel 92021E0018/00D000, Wallonia · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée de Louvain(BU) 484, 5004 Namur
since 19952.073.024.909
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92021E0018/00D000 | Wallonia | 2,646 m² | 1 · 277 m² | 14.2 m · 4 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.
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Of 1,243 companies in sector 46643 we hold annual accounts for 954. 714 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
Founded21-12-1989
Fiscal year end31-12
Activities, NACEBEL 2025
46643Wholesale of electrical equipment, including installation materials
E-invoicing
Reachable via Peppol
Peppol ID
0208:0439474039
Also
9925:BE0439474039
Registered
03-10-2025
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.