SOTIMO
Dissolution or liquidationOverview
Overview
Official details
Source: KBO- Status
- Judicial dissolution or nullity registered since 13-01-2020
- Legal form
- Private limited company
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.301.547.803 since 13-01-2020
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
No score
Annual accounts 2022
- Gross margin
- €118,768
- ▲ 68.7%
- Turnover
- ≈ €300,000
- estimated
- Profit
- €57,487
- ▲ 9.0%
- Equity
- €123,162
- ▲ 87.5%
- Total assets
- €173,027
- ▲ 93.0%
Filed on 21-08-2023
Financials
Financials · financial year 2022, micro format
2022 annual accounts filed 21 days after the deadline Filed on 21 August 2023, deadline 31 July 2023 (7 months after the close on 31 December 2022, Companies Code art. 3:10). Source: NBB, 2023-00337320.
Annual accounts 2022 filed on 21-08-2023 PDF all 3 filings
Turnover
≈ €300,000
Estimated: probably between €200,000 and €460,000
Total assets
€173,027▲ 93.0%
2021 · €89,670
Net result
€57,487▲ 9.0%
2021 · €52,750
Working capital
-€13,887
2021 · €50,997
Trend over the years
2020 to 2022, 3 financial years
The operating result for 2022 is 28% higher than in 2021 and the highest since 2020. It is the second rise in a row.
Operating result€83,967
2022
Net result€57,487
2022
Total assets€173,027
2022
Equity€123,162
2022
Debt€49,865
2022
Working capital-€13,887
2022
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line202020212022
Operating result€14,871-€65,460▲ 340%€83,967▲ 28.3%
Net result€11,924-€52,750▲ 342%€57,487▲ 9.0%
Equity€12,924-€65,675▲ 408%€123,162▲ 87.5%
Total assets€33,893-€89,670▲ 165%€173,027▲ 93.0%
Debt€20,968-€23,995▲ 14.4%€49,865▲ 108%
Working capital-€91-€50,997-€13,887
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €173,027
Fixed assets
€137,049 ▲ 834%
Current assets
€35,978 ▼ 52.0%
Equity and liabilities €173,027
Equity
€123,162 ▲ 87.5%
Debt
€49,865 ▲ 108%
Debt's share of the balance-sheet total rises from 26.8% to 28.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€116,934▲
2021 · €69,258
Cash flow
€90,454▲
2021 · €56,548
Current ratio
0.72▼
2021 · 3.13
Quick ratio
0.65▼
2021 · 3.13
Debt to equity
0.40▲
2021 · 0.37
ROE
46.7%▼
2021 · 80.3%
ROA
33.2%▼
2021 · 58.8%
Interest coverage
18.41▼
2021 · over 100
Debt ≤ 1 year
€49,865▲
2021 · €23,995
Income taxes
€20,128▲
2021 · €14,026
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 |
|---|---|---|
| Tangible fixed assets | €5,460 | €153,145 |
| Financial fixed assets | - | €2,193 |
| Depreciation and write-downs of the year | €3,798 | €32,967 |
Source: notes to the 2021 to 2022 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €670 | €3,798 | €32,967 | ▲ 768% |
| Other operating charges640/8 | - | €1,147 | €1,835 | ▲ 60.0% |
| Gross operating margin9900 | €15,541 | €70,404 | €118,768 | ▲ 68.7% |
| Operating profit (loss)9901 | €14,871 | €65,460 | €83,967 | ▲ 28.3% |
| Financial income75/76B | - | €1,353 | - | - |
| Recurring financial income75 | - | €1,353 | - | - |
| Financial charges65/66B | - | €37 | €6,352 | ▲ 171× |
| Recurring financial charges65 | €14 | €37 | €6,352 | ▲ 171× |
| Profit (loss) for the period before taxes9903 | €14,857 | €66,776 | €77,615 | ▲ 16.2% |
| Income taxes67/77 | €2,932 | €14,026 | €20,128 | ▲ 43.5% |
| Profit (loss) for the period9904 | €11,924 | €52,750 | €57,487 | ▲ 9.0% |
| Profit (loss) for the period to be appropriated9905 | €11,924 | €52,750 | €57,487 | ▲ 9.0% |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €33,893 | €89,670 | €173,027 | ▲ 93.0% |
| Fixed assets21/28 | €13,015 | €14,677 | €137,049 | ▲ 834% |
| Tangible fixed assets22/27 | €13,015 | €14,677 | €134,856 | ▲ 819% |
| Plant, machinery and equipment23 | - | €2,295 | €101,712 | ▲ 44× |
| Furniture and vehicles24 | - | €12,382 | €22,655 | ▲ 83.0% |
| Other tangible fixed assets26 | - | - | €10,489 | - |
| Financial fixed assets28 | - | - | €2,193 | - |
| Current assets29/58 | €20,878 | €74,993 | €35,978 | ▼ 52.0% |
| Stocks and contracts in progress3 | - | - | €3,500 | - |
| Stocks30/36 | - | - | €3,500 | - |
| Amounts receivable within one year40/41 | €20,786 | €73,704 | €28,610 | ▼ 61.2% |
| Trade receivables40 | - | €10,199 | €15,946 | ▲ 56.3% |
| Other amounts receivable41 | - | €63,504 | €12,665 | ▼ 80.1% |
| Cash at bank and in hand54/58 | €92 | €874 | €1,499 | ▲ 71.4% |
| Deferred charges and accrued income490/1 | - | €415 | €2,369 | ▲ 471% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €33,893 | €89,670 | €173,027 | ▲ 93.0% |
| Equity10/15 | €12,924 | €65,675 | €123,162 | ▲ 87.5% |
| Contributions10/11 | - | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | €11,924 | €64,675 | €122,162 | ▲ 88.9% |
| Amounts payable17/49 | €20,968 | €23,995 | €49,865 | ▲ 108% |
| Amounts payable within one year42/48 | €20,968 | €23,995 | €49,865 | ▲ 108% |
| Trade debts44 | €10,789 | €2,775 | €2,196 | ▼ 20.9% |
| Suppliers440/4 | - | €2,775 | €1,036 | ▼ 62.7% |
| Bills of exchange payable441 | - | - | €1,160 | - |
| Advances received on contracts in progress46 | - | €780 | €3,513 | ▲ 350% |
| Taxes, remuneration and social security45 | - | €20,440 | €34,153 | ▲ 67.1% |
| Taxes450/3 | - | €20,440 | €34,153 | ▲ 67.1% |
| Other amounts payable47/48 | - | - | €10,003 | - |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,924 | €52,750 | €57,487 | ▲ 9.0% |
| + Depreciation and write-downs630 | €670 | €3,798 | €32,967 | ▲ 768% |
| Operating cash flow (approximation) | €12,594 | €56,548 | €90,454 | ▲ 60.0% |
| Investment in fixed assets (approximation) | - | -€5,460 | -€155,338 | ▼ 2,745% |
| Change in cash | - | €783 | €625 | ▼ 20.2% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Directors
Last change in 2023
Owners and capital
Owners
Mandate history
1 person, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| KOCKELMANS Jean-François |
|
Timeline
Acts, filings and financial milestones
2024
29-03
Bankruptcy
Judicial dissolution, liquidator appointed
Enterprise Court of Hainaut, Charleroi division · liquidator: Houtain Guy · judgment of 25-03-2024
2023
30-11
Gazette deed
Resignation: KOCKELMANS Jean-François (director)Director discharge3 points ▸
Gazette deed
Resignation: KOCKELMANS Jean-François (director)
Director discharge3 points ▸
- General meeting, 29-05-2023
- Director resignation, KOCKELMANS Jean-François (director)
- Director discharge, KOCKELMANS Jean-François (director)
21-08
micro format · 21 days late
2022
31-12
Financial
Highest result from 2020 to 2022net €57,487 ▲9%
The operating result of €83,967 and the net result of €57,487 are both a record.
31-12
Financial
Equity above €100,000equity €123,162 ▲87.5%
With a profit in every financial year since 2020, equity grows to €123,162.
09-08
micro format · 9 days late
2021
31-12
Financial
Liquidity more than triplescurrent ratio 3.13
The current ratio rises from 1.00 to 3.13.
30-08
micro format · 30 days late
2020
15-01
2 publications in the Belgian Official Gazette, the last on 30-11-2023
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Gerechtelijke ontbinding of nietigheid
- Last annual accounts
- financial year to 31 December 2022
- Legal form
- Private limited company
- Active since
- 13 January 2020
Register details
Identity
Name
SOTIMO in French
Enterprise number
0741.449.588
Entity type
Legal entity
Registered office and establishments
Establishment unit
SOTIMO since 13-01-2020 · unit number 2.301.547.80368110 Buying and selling of own real estate
Website
www.sotimo.be
E-mail
info@sotimo.be
Invoicing and payment
VAT number
BE 0741.449.588
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the address
Ground area
419 m²
Building footprint
52 m²
Building volume
391 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 52036A0331/00D010 | Wallonia | 419 m² | 1 · 52 m² | 9.0 m · 3 |