SORO
ActiveSORO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €416k and a net result of €11k. Equity is growing by ~16.6% per year across the filed fiscal years. Its solvency ranks better than 65% of 13270 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-1
Solvency72▲+17
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.08 in 2024; short-term debt: 37.6% and cash: 16.6% of total assets), and 52.5% 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
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
Sector 56
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
47.5%
Return on assets
1.3%
Age of the figures
9 mo
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
45 d early
2023
44 d early
2022
60 d early
2021
32 d early
2020
43 d early
2019
4 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€416k▲ 2.8%
2024 · €405k
2018: €171k
2019: €177k
2020: €207k
2021: €251k
2022: €331k
2023: €384k
2024: €405k
2018 → 2025
Total assets
€876k▼ 34.1%
2024 · €1.33M
2018: €520k
2019: €531k
2020: €598k
2021: €958k
2022: €1.17M
2023: €1.15M
2024: €1.33M
2018 → 2025
Net result
€11k▼ 45.6%
2024 · €21k
2018: €16k
2019: €6k
2020: €31k
2021: €43k
2022: €80k
2023: €53k
2024: €21k
2018 → 2025
Working capital
€110k▲ 85.5%
2024 · €59k
2018: €59k
2019: €-123k
2020: €-87k
2021: €-3k
2022: €-48k
2023: €38k
2024: €59k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€251k-€331k▲ 32.0%€384k▲ 16.0%€405k▲ 5.4%€416k▲ 2.8%
Operating result€54k-€99k▲ 81.6%€75k▼ 24.6%€27k▼ 63.9%€19k▼ 31.2%
Net result€43k-€80k▲ 84.7%€53k▼ 34.0%€21k▼ 60.7%€11k▼ 45.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 31% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €876k
Fixed assets
€436k▼ 13.6%
Current assets
€440k▼ 46.6%
Equity and liabilities €876k
Equity
€416k▲ 2.8%
Debt
€460k▼ 50.2%
The debt ratio falls from 69.5% to 52.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€95k▼
2024 · €106k
Cash flow
€88k▼
2024 · €100k
Solvency
47.5%▲
2024 · 30.5%
Current ratio
1.33▲
2024 · 1.08
Quick ratio
1.12▲
2024 · 0.57
Debt / equity
1.11▼
2024 · 2.28
ROE
2.7%▼
2024 · 5.1%
ROA
1.3%▼
2024 · 1.6%
Interest coverage
19.29▼
2024 · 24.19
Debt
€460k▼
2024 · €924k
Debt ≤ 1 year
€330k▼
2024 · €764k
Debt > 1 year
€131k▼
2024 · €159k
Income taxes
€4k▼
2024 · €7k
Staff costs
€41k▲
2024 · €24k
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€1.33M€876k▼
Fixed assets21/28€505k€436k▼
Tangible fixed assets22/27€505k€436k▼
Land and buildings22€349k€316k▼
Plant, machinery and equipment23€112k€93k▼
Furniture and vehicles24€44k€27k▼
Financial fixed assets28€109€109=
Current assets29/58€823k€440k▼
Stocks and contracts in progress3€389k€72k▼
Stocks30/36€389k€72k▼
Amounts receivable within one year40/41€216k€216k=
Trade receivables40€11k€3k▼
Other amounts receivable41€205k€212k▲
Cash at bank and in hand54/58€207k€146k▼
Deferred charges and accrued income490/1€12k€7k▼
Equity and liabilities
Total equity and liabilities10/49€1.33M€876k▼
Equity10/15€405k€416k▲
Contributions10/11€6k€6k=
Reserves13€338k€349k▲
Distributable reserves133€338k€349k▲
Profit (loss) carried forward14€61k€61k=
Amounts payable17/49€924k€460k▼
Amounts payable after more than one year17€159k€131k▼
Financial debts170/4€159k€131k▼
Amounts payable within one year42/48€764k€330k▼
Current portion of amounts payable after more than one year42€37k€29k▼
Trade debts44€17k€18k▲
Suppliers440/4€17k€18k▲
Advances received on contracts in progress46€10k-
Taxes, remuneration and social security45€30k€23k▼
Taxes450/3€27k€20k▼
Remuneration and social security454/9€4k€2k▼
Other amounts payable47/48€669k€260k▼
Accrued charges and deferred income492/3€474-
Income statement
Code20242025
Non-recurring operating income76A€12k-
Remuneration, social security and pensions62€24k€41k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€79k€76k▼
Other operating charges640/8€8k€6k▼
Gross operating margin9900€138k€142k▲
Operating profit (loss)9901€27k€19k▼
Financial income75/76B€5k€2k▼
Recurring financial income75€5k€2k▼
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€28k€16k▼
Income taxes67/77€7k€4k▼
Profit (loss) for the period9904€21k€11k▼
Profit (loss) for the period to be appropriated9905€21k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€81k€72k▼
Profit (loss) brought forward from the previous period14P€61k€61k=
Transfer to equity691/2€21k€11k▼
To the legal reserve6920€21k-
To other reserves6921-€11k
The notes to these accounts (9 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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €80k ▲84.7%
Operating result €99k, net result €80k, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200kEq €207k ▲17.4%
3 profitable years in a row build equity to €207k.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €6k ▼62.7%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-07
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.
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, Lebbeke · 1 establishment unit since 2019
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.
Lindekensstraat 529280 LebbekeGround area
2,889 m²
Building footprint
375 m²
Volume, LiDAR
1,891 m³
Parcel 42322C0625/02M000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SORO
since 20192.286.396.896
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42322C0625/02M000 | Flanders | 2,889 m² | 1 · 375 m² | 8.1 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 3,000 EUR awarded · 3,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,000 EUR | 1,000 EUR |
| 2024 | 1 | 1,000 EUR | 1,000 EUR |
| 2023 | 1 | 500 EUR | 500 EUR |
| 2022 | 1 | 500 EUR | 500 EUR |
Schemes
Premie kwalificerend werkplekleren
Stagebonus (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 siteLebbeke2.286.396.896
Dual-learning approval
5 live approvals · 2 endedKeukenmedewerker (vwo)
Keukenmedewerker duaal (so)
Kok (vwo)
Kok duaal (so)
Restaurant en keuken duaal (so)
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VAN CAENEGEM - KEMEL
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 6,820 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-11-2006
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
55203Holiday cottages, homes and apartments
55232
55522
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.