SOTAY

Active

Private limited company (pre-2019)founded 201016 yrs activePlace Communale 7, 4684 Oupeye, BelgiumKBO/BCE: BE 0824.301.644

SOTAY has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €182k and a net result of €35k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 28% of 319 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

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Checked score

Score 2024

48 / 100

Fair▲ +20 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability95▲+87

Solvency25▼-1

Growth78▲+26

Stability100

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €9k at 30 days acceptable

Liquidity short (current ratio 0.38 against 0.31 in 2023), and 75.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

A punctual record breaks

This company filed 9 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-08-2025, 4 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

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 →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€35k▲ 1,055%

2023 · €3k

2018: €6k 2019: €21k 2020: €33k 2021: €35k 2022: €36k 2023: €3k

2018 → 2024

Working capital

€-191k▼ 7.9%

2023 · €-177k

2018: €-268k 2019: €-186k 2020: €-130k 2021: €-128k 2022: €-45k 2023: €-177k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€140k-€175k▲ 24.7%€211k▲ 20.8%€183k▼ 13.6%€182k▼ 0.4%

Operating result€60k-€63k▲ 5.8%€64k▲ 1.5%€21k▼ 67.5%€68k▲ 226%

Net result€33k-€35k▲ 3.9%€36k▲ 4.7%€3k▼ 91.7%€35k▲ 1,055%

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 226% above 2023 and is the highest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €738k

84.0%

16.0%

Fixed assets €620k▼ 5.9%

Current assets €118k▲ 51.6%

Equity and liabilities €738k

24.6%

75.4%

Equity €182k▼ 0.4%

Debt €556k▲ 0.4%

The debt ratio rises from 75.2% to 75.4%: debt grows while equity shrinks.

Key figures and ratios

2024 value · change against 2023

EBITDA

€107k▲

2023 · €51k

Cash flow

€74k▲

2023 · €33k

Solvency

24.6%▼

2023 · 24.8%

Current ratio

0.38▲

2023 · 0.31

Quick ratio

0.38▲

2023 · 0.31

Debt / equity

3.06▲

2023 · 3.04

ROE

19.1%▲

2023 · 1.6%

ROA

4.7%▲

2023 · 0.4%

Interest coverage

5.69▲

2023 · 2.91

Debt

€556k▲

2023 · €554k

Debt ≤ 1 year

€309k▲

2023 · €255k

Debt > 1 year

€241k▼

2023 · €297k

Income taxes

€15k▲

2023 · €874

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€737k€738k▲

Fixed assets21/28€659k€620k▼

Tangible fixed assets22/27€267k€228k▼

Plant, machinery and equipment23€241k€215k▼

Furniture and vehicles24€2k€2k▼

Leasing and similar rights25€24k€12k▼

Financial fixed assets28€392k€392k=

Current assets29/58€78k€118k▲

Amounts receivable within one year40/41€69k€117k▲

Trade receivables40€5k€87k▲

Other amounts receivable41€64k€30k▼

Cash at bank and in hand54/58€9k€1k▼

Deferred charges and accrued income490/1€31€33▲

Equity and liabilities

Total equity and liabilities10/49€737k€738k▲

Equity10/15€183k€182k▼

Contributions10/11€19k€19k=

Reserves13€144k€144k▲

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Distributable reserves133€142k€142k▲

Profit (loss) carried forward14€20k€19k▼

Amounts payable17/49€554k€556k▲

Amounts payable after more than one year17€297k€241k▼

Financial debts170/4€297k€241k▼

Amounts payable within one year42/48€255k€309k▲

Current portion of amounts payable after more than one year42€69k€58k▼

Financial debts43€53k€50k▼

Credit institutions430/8€53k€50k▼

Trade debts44€41k€69k▲

Suppliers440/4€41k€69k▲

Taxes, remuneration and social security45€20k€50k▲

Taxes450/3€20k€50k▲

Other amounts payable47/48€72k€82k▲

Accrued charges and deferred income492/3€2k€7k▲

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€39k▲

Other operating charges640/8€2k€4k▲

Gross operating margin9900€53k€111k▲

Operating profit (loss)9901€21k€68k▲

Financial income75/76B€430€0▼

Recurring financial income75€430€0▼

Financial charges65/66B€17k€19k▲

Recurring financial charges65€17k€19k▲

Profit (loss) for the period before taxes9903€4k€49k▲

Income taxes67/77€874€15k▲

Profit (loss) for the period9904€3k€35k▲

Profit (loss) for the period to be appropriated9905€3k€35k▲

Appropriation of the result

Profit (loss) to be appropriated9906€24k€55k▲

Profit (loss) brought forward from the previous period14P€21k€20k▼

Transfer from equity791/2€31k€35k▲

Transfer to equity691/2€3k€35k▲

To other reserves6921€3k€35k▲

Profit to be distributed694/7€32k€35k▲

Return on contributions (dividend)694€32k€35k▲

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 15Financial 5Filings 10

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 €3k ▼91.7%

Net result drops to €3k, 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 €36k ▲4.7%

Net result €36k, the highest in the series.

31-12

Financial Equity above €200kEq €211k ▲20.8%

5 profitable years in a row build equity to €211k.

05-07

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

31-12

Financial Equity above €150kEq €175k ▲24.7%

4 profitable years in a row build equity to €175k.

30-06

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

03-07

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

31-12

Financial Equity above €100kEq €107k ▲23.5%

2 profitable years in a row build equity to €107k.

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

2016

06-06

NBB filing Annual accounts filed

fiscal year 2015 · full schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Oupeye · 1 establishment unit since 2010

establishment The establishment unit on the map

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.

Place Communale 74684 Oupeye

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.

1 establishment unit

SOTAY

Place Communale 7, 4684 OupeyeManufacture of machinery and equipment not elsewhere classified

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

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.

Similar companies · same sector, comparable size

Frasnes-lez-Anvaing · Eq €138k

Of 63 companies in sector 28295 we hold annual accounts for 55. 41 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded25-03-2010

Fiscal year end31-12

Activities, NACEBEL

28295Manufacture of machinery and equipment not elsewhere classified

33200Installation of industrial machinery and equipment

46649Wholesale of other machinery and equipment

Sources

Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.