SOTAY
ActiveSummary
SOTAY has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €181,850 and a net result of €34,683. Equity is growing by ~11% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability72▲+28
Solvency50=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity short (current ratio 0.38 against 0.31 in 2023; short-term debt: 41.9% and cash: 0.1% of total assets), and 75.4% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
4 d late
2023
5 d early
2022
21 d early
2021
26 d early
2020
31 d early
2019
28 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 10 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, full schema, 2025 accounts filed, figures not processed yet
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€34,683▲ 1,055%
2023 · €3,002
Working capital
-€191,035▼ 7.9%
2023 · -€177,004
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€59,742▲ 32.7%€63,227▲ 5.8%€64,182▲ 1.5%€20,859▼ 67.5%€67,977▲ 226%
Net result€33,401within the sector's middle half▲ 58.2%€34,688within the sector's middle half▲ 3.9%€36,333within the sector's middle half▲ 4.7%€3,002below the sector's middle half▼ 91.7%€34,683within the sector's middle half▲ 1,055%
Equity€140,256below the sector's middle half▲ 31.3%€174,944below the sector's middle half▲ 24.7%€211,278below the sector's middle half▲ 20.8%€182,580below the sector's middle half▼ 13.6%€181,850below the sector's middle half▼ 0.4%
Total assets€471,890below the sector's middle half▲ 19.3%€486,723below the sector's middle half▲ 3.1%€604,773below the sector's middle half▲ 24.3%€736,748below the sector's middle half▲ 21.8%€738,007below the sector's middle half▲ 0.2%
Debt€290,383▲ 0.6%€311,778▲ 7.4%€393,496▲ 26.2%€554,169▲ 40.8%€556,157▲ 0.4%
Working capital-€130,052below the sector's middle half▲ 30.2%-€127,768below the sector's middle half▲ 1.8%-€44,567below the sector's middle half▲ 65.1%-€177,004below the sector's middle half▼ 297%-€191,035below the sector's middle half▼ 7.9%
Solvency29.7%within the sector's middle half▲ 2.7pp35.9%within the sector's middle half▲ 6.2pp34.9%within the sector's middle half▼ 1.0pp24.8%within the sector's middle half▼ 10.2pp24.6%within the sector's middle half▼ 0.1pp
Current ratio0.25below the sector's middle half▲ 0.210.34below the sector's middle half▲ 0.090.74below the sector's middle half▲ 0.400.31below the sector's middle half▼ 0.440.38below the sector's middle half▲ 0.08
Return on assets (ROA)7.1%within the sector's middle half▲ 1.7pp7.1%within the sector's middle half=6.0%within the sector's middle half▼ 1.1pp0.4%below the sector's middle half▼ 5.6pp4.7%within the sector's middle half▲ 4.3pp
above
within
below
the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 226% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €738,007
Fixed assets
€620,100 ▼ 5.9%
Current assets
€117,907 ▲ 51.6%
Equity and liabilities €738,007
Equity
€181,850 ▼ 0.4%
Debt
€556,157 ▲ 0.4%
Debt's share of the balance-sheet total rises from 75.2% to 75.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€106,837▲
2023 · €50,670
Cash flow
€73,543▲
2023 · €32,813
Debt to equity
3.06▲
2023 · 3.04
ROE
19.1%▲
2023 · 1.6%
Interest coverage
5.69▲
2023 · 2.91
Debt ≤ 1 year
€308,942▲
2023 · €254,792
Debt > 1 year
€240,589▼
2023 · €296,915
Income taxes
€14,507▲
2023 · €874
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,687 | €9,024 | €9,024 | €29,811 | €38,860 | ▲ 30.4% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | -€41,250 | - | - | - | - |
| Other operating charges640/8 | - | €1,824 | €1,673 | €2,217 | €4,241 | ▲ 91.3% |
| Gross operating margin9900 | €114,796 | €32,824 | €74,879 | €52,887 | €111,079 | ▲ 110% |
| Operating profit (loss)9901 | €59,742 | €63,227 | €64,182 | €20,859 | €67,977 | ▲ 226% |
| Financial income75/76B | - | - | - | €430 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | - | €430 | €0 | ▼ 100% |
| Financial charges65/66B | - | €8,225 | €7,659 | €17,412 | €18,787 | ▲ 7.9% |
| Recurring financial charges65 | €7,953 | €8,225 | €7,659 | €17,412 | €18,787 | ▲ 7.9% |
| Profit (loss) for the period before taxes9903 | €51,790 | €55,002 | €56,523 | €3,876 | €49,190 | ▲ 1,169% |
| Income taxes67/77 | €18,388 | €20,314 | €20,190 | €874 | €14,507 | ▲ 1,560% |
| Profit (loss) for the period9904 | €33,401 | €34,688 | €36,333 | €3,002 | €34,683 | ▲ 1,055% |
| Profit (loss) for the period to be appropriated9905 | €33,401 | €34,688 | €36,333 | €3,002 | €34,683 | ▲ 1,055% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €471,890 | €486,723 | €604,773 | €736,748 | €738,007 | ▲ 0.2% |
| Fixed assets21/28 | €428,926 | €421,503 | €477,013 | €658,960 | €620,100 | ▼ 5.9% |
| Tangible fixed assets22/27 | €37,426 | €28,403 | €85,013 | €266,960 | €228,100 | ▼ 14.6% |
| Plant, machinery and equipment23 | - | - | €65,634 | €240,661 | €214,668 | ▼ 10.8% |
| Furniture and vehicles24 | - | - | - | €2,455 | €1,577 | ▼ 35.7% |
| Leasing and similar rights25 | - | €28,403 | €19,379 | €23,844 | €11,854 | ▼ 50.3% |
| Financial fixed assets28 | €391,500 | €393,100 | €392,000 | €392,000 | €392,000 | = |
| Current assets29/58 | €42,963 | €65,220 | €127,760 | €77,788 | €117,907 | ▲ 51.6% |
| Amounts receivable within one year40/41 | €15,303 | €56,738 | €90,801 | €69,038 | €116,798 | ▲ 69.2% |
| Trade receivables40 | - | €56,718 | €70,794 | €5,360 | €86,798 | ▲ 1,519% |
| Other amounts receivable41 | - | €20 | €20,008 | €63,678 | €30,000 | ▼ 52.9% |
| Cash at bank and in hand54/58 | €27,092 | €8,016 | €36,504 | €8,719 | €1,076 | ▼ 87.7% |
| Deferred charges and accrued income490/1 | - | €465 | €455 | €31 | €33 | ▲ 5.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €471,890 | €486,723 | €604,773 | €736,748 | €738,007 | ▲ 0.2% |
| Equity10/15 | €140,256 | €174,944 | €211,278 | €182,580 | €181,850 | ▼ 0.4% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €100,741 | €135,429 | €171,762 | €143,864 | €143,967 | ▲ 0.1% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €133,569 | €169,902 | €142,004 | €142,107 | ▲ 0.1% |
| Profit (loss) carried forward14 | €20,916 | €20,916 | €20,916 | €20,116 | €19,283 | ▼ 4.1% |
| Provisions and deferred taxes16 | €41,250 | - | - | - | - | - |
| Amounts payable17/49 | €290,383 | €311,778 | €393,496 | €554,169 | €556,157 | ▲ 0.4% |
| Amounts payable after more than one year17 | €112,939 | €114,264 | €216,439 | €296,915 | €240,589 | ▼ 19.0% |
| Financial debts170/4 | - | €114,264 | €216,439 | €296,915 | €240,589 | ▼ 19.0% |
| Amounts payable within one year42/48 | €173,015 | €192,988 | €172,327 | €254,792 | €308,942 | ▲ 21.3% |
| Current portion of amounts payable after more than one year42 | - | €39,467 | €44,465 | €69,418 | €57,879 | ▼ 16.6% |
| Financial debts43 | - | €47,500 | €47,500 | €52,684 | €49,500 | ▼ 6.0% |
| Credit institutions430/8 | - | €47,500 | €47,500 | €52,684 | €49,500 | ▼ 6.0% |
| Trade debts44 | €38,032 | €39,602 | €30,189 | €40,674 | €68,987 | ▲ 69.6% |
| Suppliers440/4 | - | €39,602 | €30,189 | €40,674 | €68,987 | ▲ 69.6% |
| Taxes, remuneration and social security45 | - | €44,533 | €31,428 | €19,773 | €50,201 | ▲ 154% |
| Taxes450/3 | - | €44,533 | €31,428 | €19,773 | €50,201 | ▲ 154% |
| Other amounts payable47/48 | - | €21,886 | €18,745 | €72,242 | €82,376 | ▲ 14.0% |
| Accrued charges and deferred income492/3 | - | €4,526 | €4,730 | €2,462 | €6,626 | ▲ 169% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33,401 | €34,688 | €36,333 | €3,002 | €34,683 | ▲ 1,055% |
| + Depreciation and write-downs630 | €10,687 | €9,024 | €9,024 | €29,811 | €38,860 | ▲ 30.4% |
| Operating cash flow (approximation) | €44,088 | €43,712 | €45,357 | €32,813 | €73,543 | ▲ 124% |
| Investment in fixed assets (approximation) | - | -€1,600 | -€64,534 | -€211,759 | €0 | ▲ 100% |
| Change in cash | - | -€19,075 | €28,487 | -€27,785 | -€7,643 | ▲ 72.5% |
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
Next filing, fiscal year 2026, expected by
2026
09-07
State Gazette act
General meeting · Director appointment
Director reappointment · Director resignation
08-07
State Gazette act
Other statement · General meeting
Director appointment · Permanent representative
26-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 4 days late
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €3,002 ▼91.7%
Net result drops to €3,002, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €36,333 ▲4.7%
Net result €36,333, the highest in the series.
31-12
Financial
Equity above €200,000Eq €211,278 ▲20.8%
5 profitable years in a row build equity to €211,278.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €150,000Eq €174,944 ▲24.7%
4 profitable years in a row build equity to €174,944.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Show earlier events
2020
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €100,000Eq €106,855 ▲23.5%
2 profitable years in a row build equity to €106,855.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB 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
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Oupeye · 1 establishment unit since 2010
Ground area
487 m²
Building footprint
66 m²
Volume, LiDAR
532 m³
Parcel 62048B0750/00F000, Wallonia · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
SOTAY
since 20102.186.889.546
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62048B0750/00F000 | Wallonia | 486 m² | 1 · 66 m² | 9.6 m · 3 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.
Structure & network
Owners and holdings
4 holdingsOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 4
-
48%
-
34.21%
-
25.27%
-
25%
According to the 2024 annual accounts of SOTAY and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded25-03-2010
Fiscal year end31-12
Activities, NACEBEL 2025
28295Manufacture of machinery and equipment not elsewhere classified
33200Installation of industrial machinery and equipment
46649Wholesale of other machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0824301644
Also
9925:BE0824301644
Registered
20-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.