SOTHIA
ActiveSummary
SOTHIA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (€-48k) and a net result of €23k. Equity is shrinking by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 8048 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 8048 sector peers (2025).
NBB · sector comparisonPosition among 8048 sector peers
Solvency
better than 5%
← weakest
strongest →
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 05-06-2026, 56 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
56 d early
2024
41 d early
2023
30 d late
2022
18 d early
2021
31 d late
2020
72 d late
2019
49 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-48k▲ 32.1%
2024 · €-71k
2018: €-8k
2019: €-13k▼ -66.4% vs 2018
2020: €12k▲ +194% vs 2019
2021: €71k▲ +468% vs 2020
2022: €82k▲ +15.4% vs 2021highest in 8 years
2023: €-37k▼ -145% vs 2022
2024: €-71k▼ -94.0% vs 2023lowest in 8 years
2025: €-48k▲ +32.1% vs 2024
2018 → 2025
Net result
€23k
2024 · €-34k
2018: €-14k
2019: €-5k▲ +62.6% vs 2018
2020: €26k▲ +585% vs 2019
2021: €58k▲ +126% vs 2020highest in 8 years
2022: €11k▼ -81.3% vs 2021
2023: €-118k▼ -1182% vs 2022lowest in 8 years
2024: €-34k▲ +71.0% vs 2023
2025: €23k▲ +166% vs 2024
2018 → 2025
Total assets
€54k▲ 487%
2024 · €9k
2018: €46k
2019: €70k▲ +51.1% vs 2018
2020: €340k▲ +387% vs 2019
2021: €380k▲ +12.0% vs 2020highest in 8 years
2022: €265k▼ -30.3% vs 2021
2023: €110k▼ -58.7% vs 2022
2024: €9k▼ -91.6% vs 2023lowest in 8 years
2025: €54k▲ +487% vs 2024
2018 → 2025
Solvency
-88.8%▲ 678.9pp
2024 · -767.7%
2018: -17.4%
2019: -19.1%▼ -10.1% vs 2018
2020: 3.7%▲ +119% vs 2019
2021: 18.6%▲ +408% vs 2020
2022: 30.8%▲ +65.6% vs 2021highest in 8 years
2023: -33.4%▼ -208% vs 2022
2024: -767.7%▼ -2201% vs 2023lowest in 8 years
2025: -88.8%▲ +88.4% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€71k-€82k▲ 15.4%€-37k€-71k▼ 94.0%€-48k▲ 32.1%
2021: €71k
2022: €82k▲ +15.4% vs 2021highest in 5 years
2023: €-37k▼ -145% vs 2022
2024: €-71k▼ -94.0% vs 2023lowest in 5 years
2025: €-48k▲ +32.1% vs 2024
Operating result€72k-€16k▼ 77.4%€-13k€-26k▼ 95.4%€25k
2021: €72khighest in 5 years
2022: €16k▼ -77.4% vs 2021
2023: €-13k▼ -182% vs 2022
2024: €-26k▼ -95.4% vs 2023lowest in 5 years
2025: €25k▲ +196% vs 2024
Net result€58k-€11k▼ 81.3%€-118k€-34k▲ 71.0%€23k
2021: €58khighest in 5 years
2022: €11k▼ -81.3% vs 2021
2023: €-118k▼ -1182% vs 2022lowest in 5 years
2024: €-34k▲ +71.0% vs 2023
2025: €23k▲ +166% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €25k after a loss of €26k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54k
Fixed assets
€28k ▲ 301%
Current assets
€26k ▲ 1,076%
Key figures and ratios
ROA
42.0%▲
2024 · -371.9%
Debt
€102k▲
2024 · €80k
Debt ≤ 1 year
€90k▲
2024 · €57k
Debt > 1 year
€12k▼
2024 · €23k
Income taxes
€0▼
2024 · €1
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€9k€54k▲
Fixed assets21/28€7k€28k▲
Tangible fixed assets22/27€7k€28k▲
Land and buildings22€5k€0▼
Plant, machinery and equipment23€38€12k▲
Furniture and vehicles24€2k€16k▲
Financial fixed assets28€250€250=
Current assets29/58€2k€26k▲
Amounts receivable within one year40/41€2k€26k▲
Trade receivables40€0€26k▲
Other amounts receivable41€2k€0▼
Cash at bank and in hand54/58€309€403▲
Equity and liabilities
Total equity and liabilities10/49€9k€54k▲
Equity10/15€-71k€-48k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-77k€-54k▲
Amounts payable17/49€80k€102k▲
Amounts payable after more than one year17€23k€12k▼
Financial debts170/4€23k€12k▼
Amounts payable within one year42/48€57k€90k▲
Current portion of amounts payable after more than one year42€14k€10k▼
Trade debts44€36k€45k▲
Suppliers440/4€36k€45k▲
Taxes, remuneration and social security45€2k€34k▲
Taxes450/3€1k€34k▲
Remuneration and social security454/9€1k€0▼
Other amounts payable47/48€5k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€12k€966▼
Gross operating margin9900€-10k€30k▲
Operating profit (loss)9901€-26k€25k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€8k€2k▼
Recurring financial charges65€8k€2k▼
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€-34k€23k▲
Income taxes67/77€1€0▼
Profit (loss) for the period9904€-34k€23k▲
Profit (loss) for the period to be appropriated9905€-34k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-77k€-54k▲
Profit (loss) brought forward from the previous period14P€-43k€-77k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €14k | €20k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €6k | €2k | €4k | €4k | ▲ 1.7% |
| Other operating charges640/8 | €2k | €1k | €3k | €12k | €966 | ▼ 92.0% |
| Gross operating margin9900 | €94k | €44k | €-8k | €-10k | €30k | ▲ 393% |
| Operating profit (loss)9901 | €72k | €16k | €-13k | €-26k | €25k | ▲ 196% |
| Financial income75/76B | €876 | €0 | - | - | €0 | - |
| Recurring financial income75 | €876 | €0 | - | - | €0 | - |
| Financial charges65/66B | €2k | €6k | €102k | €8k | €2k | ▼ 69.5% |
| Recurring financial charges65 | €2k | €6k | €2k | €8k | €2k | ▼ 69.5% |
| Non-recurring financial charges66B | - | - | €100k | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €72k | €11k | €-115k | €-34k | €23k | ▲ 166% |
| Income taxes67/77 | €13k | €-110 | €3k | €1 | €0 | ▼ 50.0% |
| Profit (loss) for the period9904 | €58k | €11k | €-118k | €-34k | €23k | ▲ 166% |
| Profit (loss) for the period to be appropriated9905 | €58k | €11k | €-118k | €-34k | €23k | ▲ 166% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €380k | €265k | €110k | €9k | €54k | ▲ 487% |
| Formation expenses20 | €160 | - | - | - | - | - |
| Fixed assets21/28 | €315k | €115k | €13k | €7k | €28k | ▲ 301% |
| Tangible fixed assets22/27 | €9k | €9k | €7k | €7k | €28k | ▲ 312% |
| Land and buildings22 | €3k | €6k | €5k | €5k | €0 | ▼ 100% |
| Plant, machinery and equipment23 | €6k | €1k | €707 | €38 | €12k | ▲ 32,474% |
| Furniture and vehicles24 | €409 | €2k | €1k | €2k | €16k | ▲ 823% |
| Financial fixed assets28 | €306k | €105k | €6k | €250 | €250 | = |
| Current assets29/58 | €66k | €151k | €96k | €2k | €26k | ▲ 1,076% |
| Amounts receivable within one year40/41 | €58k | €147k | €96k | €2k | €26k | ▲ 1,246% |
| Trade receivables40 | €11k | €68k | €36k | €0 | €26k | - |
| Other amounts receivable41 | €47k | €79k | €61k | €2k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €7k | €3k | €258 | €309 | €403 | ▲ 30.1% |
| Deferred charges and accrued income490/1 | €322 | €77 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €380k | €265k | €110k | €9k | €54k | ▲ 487% |
| Equity10/15 | €71k | €82k | €-37k | €-71k | €-48k | ▲ 32.1% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €65k | €76k | €-43k | €-77k | €-54k | ▲ 29.5% |
| Amounts payable17/49 | €310k | €183k | €146k | €80k | €102k | ▲ 27.7% |
| Amounts payable after more than one year17 | - | - | €36k | €23k | €12k | ▼ 46.1% |
| Financial debts170/4 | - | - | €36k | €23k | €12k | ▼ 46.1% |
| Amounts payable within one year42/48 | €310k | €183k | €110k | €57k | €90k | ▲ 56.8% |
| Current portion of amounts payable after more than one year42 | - | - | €13k | €14k | €10k | ▼ 24.5% |
| Trade debts44 | €9k | €97k | €55k | €36k | €45k | ▲ 25.0% |
| Suppliers440/4 | €9k | €97k | €55k | €36k | €45k | ▲ 25.0% |
| Taxes, remuneration and social security45 | €29k | €40k | €13k | €2k | €34k | ▲ 1,389% |
| Taxes450/3 | €29k | €39k | €13k | €1k | €34k | ▲ 2,713% |
| Remuneration and social security454/9 | - | €1k | - | €1k | €0 | ▼ 100% |
| Other amounts payable47/48 | €272k | €46k | €29k | €5k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €58k | €11k | €-118k | €-34k | €23k | ▲ 166% |
| + Depreciation and write-downs630 | €6k | €6k | €2k | €4k | €4k | ▲ 1.7% |
| Operating cash flow (approximation) | €64k | €17k | €-116k | €-31k | €27k | ▲ 187% |
| Investment in fixed assets (approximation) | - | €194k | €100k | €2k | €-25k | ▼ 1,236% |
| Change in cash | - | €-4k | €-3k | €51 | €93 | ▲ 81.6% |
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
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €23k
Net result €23k after 2 loss-making years.
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-118k
Net result drops to €-118k, the lowest in the series; recovery starts the following year.
13-07
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
Highest result since 2018net €58k ▲126%
Operating result €72k, net result €58k, both a record.
11-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 72 days late
2020
31-12
Financial
Back to profitnet €26k
Net result €26k after 2 loss-making years.
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 49 days late
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB 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
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, Soumagne · 1 establishment unit since 2018
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 Fosse-aux-Dielles(AYE) 54630 Soumagne1 establishment unit
Valentino Food Events
since 20182.279.317.777
Recognitions · licences · registrations
Food safety, FASFC
1 siteSoumagne2.279.317.777
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Of 24,727 companies in sector 64210 we hold annual accounts for 19,768. 11,818 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 (pre-2019)
Founded02-01-2018
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
56210Event catering
Scores and ratios are computed by Checked and are not a credit decision.