SORCO
ActiveSORCO has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €182k and a net result of €-27k. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 84% of 3102 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability5▼-61
Solvency100▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 1.53 against 2.04 in 2024; short-term debt: 17.5% and cash: 14% of total assets), and 24.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-27k
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
56 d late
2023
21 d late
2022
32 d early
2021
31 d late
2020
31 d late
2019
2 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 monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€182k▼ 12.9%
2024 · €209k
2018: €168k
2019: €178k
2020: €182k
2021: €203k
2022: €181k
2023: €216k
2024: €209k
2018 → 2025
Total assets
€240k▼ 14.8%
2024 · €282k
2018: €382k
2019: €360k
2020: €274k
2021: €267k
2022: €332k
2023: €316k
2024: €282k
2018 → 2025
Net result
€-27k▼ 278%
2024 · €-7k
2018: €36k
2019: €11k
2020: €4k
2021: €21k
2022: €-22k
2023: €35k
2024: €-7k
2018 → 2025
Working capital
€22k▼ 48.1%
2024 · €43k
2018: €7k
2019: €41k
2020: €63k
2021: €77k
2022: €61k
2023: €100k
2024: €43k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€203k-€181k▼ 10.7%€216k▲ 19.2%€209k▼ 3.3%€182k▼ 12.9%
Operating result€28k-€-21k€42k€-5k€-26k▼ 376%
Net result€21k-€-22k€35k€-7k€-27k▼ 278%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €26k in 2025 against €5k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €240k
Fixed assets
€176k▼ 11.2%
Current assets
€64k▼ 23.4%
Equity and liabilities €240k
Equity
€182k▼ 12.9%
Debt
€58k▼ 20.3%
The debt ratio falls from 25.9% to 24.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-4k▼
2024 · €16k
Cash flow
€-5k▼
2024 · €14k
Solvency
75.8%▲
2024 · 74.1%
Current ratio
1.53▼
2024 · 2.04
Quick ratio
1.53▼
2024 · 2.04
Debt / equity
0.32▼
2024 · 0.35
ROE
-14.9%▼
2024 · -3.4%
ROA
-11.3%▼
2024 · -2.5%
Interest coverage
-2.76▼
2024 · 9.28
Debt
€58k▼
2024 · €73k
Debt ≤ 1 year
€42k▲
2024 · €41k
Debt > 1 year
€16k▼
2024 · €32k
Staff costs
€82k▲
2024 · €75k
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€282k€240k▼
Fixed assets21/28€198k€176k▼
Tangible fixed assets22/27€198k€176k▼
Land and buildings22€83k€81k▼
Plant, machinery and equipment23€64k€56k▼
Furniture and vehicles24€51k€39k▼
Financial fixed assets28€100€100=
Current assets29/58€84k€64k▼
Amounts receivable within one year40/41€69k€16k▼
Trade receivables40€56k€3k▼
Other amounts receivable41€13k€13k▲
Cash at bank and in hand54/58€12k€34k▲
Deferred charges and accrued income490/1€2k€14k▲
Equity and liabilities
Total equity and liabilities10/49€282k€240k▼
Equity10/15€209k€182k▼
Contributions10/11€183k€183k=
Reserves13€26k€2k▼
Tax-exempt reserves132€9k€2k▼
Distributable reserves133€17k-
Profit (loss) carried forward14-€-3k
Amounts payable17/49€73k€58k▼
Amounts payable after more than one year17€32k€16k▼
Financial debts170/4€32k€16k▼
Amounts payable within one year42/48€41k€42k▲
Current portion of amounts payable after more than one year42€15k€16k▲
Trade debts44€5k€3k▼
Suppliers440/4€5k€3k▼
Taxes, remuneration and social security45€16k€18k▲
Taxes450/3€16k€18k▲
Other amounts payable47/48€4k€5k▲
Accrued charges and deferred income492/3€44-
Income statement
Code20242025
Remuneration, social security and pensions62€75k€82k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€22k▲
Other operating charges640/8€29k€10k▼
Gross operating margin9900€121k€89k▼
Operating profit (loss)9901€-5k€-26k▼
Financial income75/76B€7-
Recurring financial income75€7-
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-7k€-27k▼
Profit (loss) for the period9904€-7k€-27k▼
Transfer from tax-exempt reserves789€6k€6k=
Profit (loss) for the period to be appropriated9905€-695€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-695€-21k▼
Transfer from equity791/2€695€17k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series.
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
31-12
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
31-12
Financial
Equity above €200kEq €216k ▲19.2%
Equity rises from €181k to €216k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Equity above €200kEq €203k ▲11.4%
4 profitable years in a row build equity to €203k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
15-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 46 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Truiden · 1 establishment unit since 2000
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.
Tramstraat 1003800 Sint-TruidenGround area
2,346 m²
Building footprint
232 m²
Volume, LiDAR
732 m³
Parcel 71353F0273/00N000, Flanders · tallest building 4.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Tramstraat 100, 3800 Sint-Truiden
since 20002.099.285.876
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71353F0273/00N000 | Flanders | 2,346 m² | 1 · 232 m² | 4.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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-Truiden2.099.285.876
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Of 4,676 companies in sector 01610 we hold annual accounts for 1,368. 1,145 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-10-1999
Fiscal year end31-12
Activities, NACEBEL
01130Growing of vegetables, melons, roots and tubers
01240Growing of pome and stone fruits
01410Raising of dairy cattle
01610Support activities for crop production
46319Wholesale of fruit and vegetables, excluding potatoes
51310
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.