SOTRAC
ActiveSOTRAC has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €61k and a net result of €13k. Equity is growing by ~73% per year across the filed fiscal years. Its solvency ranks better than 11% of 6010 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
60
/ 100
Healthy▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency17▼-1
Growth85=
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.09 in 2023), and 94% 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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 6010 sector peers (2024).
NBB · sector comparisonPosition among 6010 sector peers
Solvency
better than 11%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-11-2025, 95 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
95 d late
2023
120 d late
2022
on the day
2021
61 d late
2020
63 d late
2019
5 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€1.16M▲ 240%
2021 · €340k
2018: €21k
2019: €7k
2020: €141k
2021: €340k
2018 → 2022
EBIT margin
2.3%▼ 2.2pp
2021 · 4.6%
2018: -28.4%
2019: -65.5%
2020: 11.4%
2021: 4.6%
2018 → 2022
Net result
€13k▼ 36.9%
2023 · €20k
2018: €-6k
2019: €-5k
2020: €13k
2021: €11k
2022: €19k
2023: €20k
2018 → 2024
Working capital
€60k▲ 26.5%
2023 · €48k
2018: €-19k
2019: €-22k
2020: €-7k
2021: €4k
2022: €28k
2023: €48k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€141k-€340k▲ 142%€1.16M▲ 240%
Equity€-7k-€4k€28k▲ 564%€48k▲ 72.1%€61k▲ 26.4%
Operating result€16k-€16k▼ 3.6%€27k▲ 73.6%€38k▲ 40.0%€-7k
Net result€13k-€11k▼ 9.7%€19k▲ 65.1%€20k▲ 5.8%€13k▼ 36.9%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €7k after €38k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.01M
Fixed assets
€99=
Current assets
€1.01M▲ 72.7%
Equity and liabilities €1.01M
Equity
€61k▲ 26.4%
Debt
€951k▲ 76.8%
The debt ratio rises from 91.8% to 94.0%: debt grows faster than equity.
Key figures and ratios
Solvency
6.0%▼
2023 · 8.2%
Current ratio
1.06▼
2023 · 1.09
Quick ratio
1.06▼
2023 · 1.09
Debt / equity
15.71▲
2023 · 11.23
ROE
20.9%▼
2023 · 41.9%
ROA
1.3%▼
2023 · 3.4%
Debt
€951k▲
2023 · €538k
Debt ≤ 1 year
€951k▲
2023 · €538k
Income taxes
€7k
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€586k€1.01M▲
Fixed assets21/28€99€99=
Financial fixed assets28€99€99=
Current assets29/58€586k€1.01M▲
Amounts receivable within one year40/41€551k€1.01M▲
Trade receivables40€168k€636k▲
Other amounts receivable41€382k€370k▼
Cash at bank and in hand54/58€35k€6k▼
Equity and liabilities
Total equity and liabilities10/49€586k€1.01M▲
Equity10/15€48k€61k▲
Contributions10/11€16k€16k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€30k€42k▲
Amounts payable17/49€538k€951k▲
Amounts payable within one year42/48€538k€951k▲
Financial debts43€2k-
Other loans439€2k-
Trade debts44€489k€899k▲
Suppliers440/4€489k€899k▲
Taxes, remuneration and social security45€5k€9k▲
Taxes450/3€5k€9k▲
Other amounts payable47/48€43k€43k=
Income statement
Code20232024
Goods, raw materials, services and sundry goods60/61€1.45M-
Other operating charges640/8€4k€1k▼
Gross operating margin9900€41k€-5k▼
Operating profit (loss)9901€38k€-7k▼
Financial income75/76B€7k€28k▲
Recurring financial income75€7k€28k▲
Financial charges65/66B€25k€2k▼
Recurring financial charges65€25k€2k▼
Profit (loss) for the period before taxes9903€20k€19k▼
Income taxes67/77-€7k
Profit (loss) for the period9904€20k€13k▼
Profit (loss) for the period to be appropriated9905€20k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€42k▲
Profit (loss) brought forward from the previous period14P€9k€30k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 95 days late
2024
28-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 120 days late
2023
31-12
Financial
Highest result since 2018net €20k ▲5.8%
Operating result €38k, net result €20k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
02-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 63 days late
2020
31-12
Financial
Back to profitnet €13k
Net result €13k after 2 loss-making years.
05-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 5 days late
2019
11-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 11 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
12-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 73 days late
12-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 438 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Brussel · 1 establishment unit since 2009
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.
Wolstraat 701000 BrusselGround area
3,210 m²
Building footprint
1,983 m²
Volume, LiDAR
64,566 m³
2 parcels, Brussels, Wallonia · tallest building 42.2 m, ±12 floors. Linked by address, not a title deed.
1 establishment unit
SOTRAC
since 20092.179.553.376
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H0901/00N000 | Brussels | 2,342 m² | 1 · 1,841 m² | 42.2 m · 12 fl. |
| 25037A0430/00P003 | Wallonia | 868 m² | 1 · 142 m² | 5.6 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
F.L.S. DISTRI
BE 0866.806.351
Sint-Agatha-Berchem · Eq €60k
Beli Centro
BE 0831.944.650
Evergem · Eq €61k
LightMobile
BE 0740.456.131
Hechtel-Eksel · Eq €58k
INTEGROUP
BE 0737.479.221
Elsene · Eq €57k
LIGHT & DESIGN AGENCY
BE 1014.401.353
Profondeville · Eq €56k
Of 268 companies in sector 46474 we hold annual accounts for 181. 117 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-07-2009
Fiscal year end31-12
Activities, NACEBEL
46474Wholesale trade
46130Agents in the wholesale of timber and building materials
46150Agents in the wholesale of furniture, household goods and hardware
46180Agents specialised in the wholesale of other particular products
46431Wholesale of electrical household appliances and audio-video equipment
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.