SOTRACO
ActiveSummary
SOTRACO has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.1m and a net result of €2.1m. Equity is growing by ~106.2% per year across the filed fiscal years. Its solvency ranks better than 85% of 10645 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
What they do
Retail sale of hardware, building materials, paint and glass (general range)
NACE 47521Retail trade NACE 47524
#10 company by equity in Zulte, Wholesale and retail trade sector1 site
How big
€6.8mtotal assets 2025
- Staff
- 5.7 FTE
- Equity
- €5.1m
- Profit
- €2.1m
Turnover not published (abridged schema)
Who decides
Accounts filed 61 d late0 of 3 deeds read
Why 75- Limited track record- Higher-failure-rate sector+ Annual accounts: healthy financial profileFiled after the deadlineShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+9
Growth78=
Track record94
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €380,000 at 30 days acceptable
Liquidity ample (current ratio 3.76 against 2.84 in 2024; short-term debt: 25% and cash: 5.1% of total assets), and 25.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
74.9%
Return on assets
31.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
61 d late
2024
17 d early
2023
61 d late
2022
31 d late
2021
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 21 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% 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 31 August (4 of the last 5 filed years within 48 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Highest result since 2021net €2.1m ▲20.3%
- Equity above €5mEq €5.1m ▲54.7%
Financials
Fiscal year 2025Total assets €6.8mProfit €2.1mSolvency 74.9%Liquidity 3.76
Total assets
€6.8m▲ 37.1%
2021 - 2025
Net result
€2.1m▲ 20.3%
2021 - 2025
Equity
€5.1m▲ 54.7%
2021 - 2025
Staff (FTE)
5.7▲ 90.0%
2021 - 2025
Financials · fiscal year 2025, abbreviated schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
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 47, Retail trade, 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), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€0.3m-€0.8m▲ 134%€1.3m▲ 72.4%€2.2m▲ 68.0%€2.8m▲ 27.4%
Net result€0.3mabove the sector's middle half-€0.6mabove the sector's middle half▲ 129%€1.0mabove the sector's middle half▲ 74.1%€1.8mabove the sector's middle half▲ 78.4%€2.1mabove the sector's middle half▲ 20.3%
Equity€0.3mabove the sector's middle half-€0.8mabove the sector's middle half▲ 228%€1.8mabove the sector's middle half▲ 121%€3.3mabove the sector's middle half▲ 81.2%€5.1mabove the sector's middle half▲ 54.7%
Total assets€0.5mabove the sector's middle half-€1.2mwithin the sector's middle half▲ 157%€2.4mabove the sector's middle half▲ 97.9%€5.0mabove the sector's middle half▲ 112%€6.8mabove the sector's middle half▲ 37.1%
Debt€0.2m-€0.4m▲ 71.9%€0.5m▲ 45.3%€1.7m▲ 217%€1.7m▲ 2.4%
Working capital€0.2mabove the sector's middle half-€0.7mabove the sector's middle half▲ 231%€1.7mabove the sector's middle half▲ 135%€3.1mabove the sector's middle half▲ 82.9%€4.7mabove the sector's middle half▲ 54.1%
Solvency54.4%within the sector's middle half-69.4%above the sector's middle half▲ 15.1pp77.6%above the sector's middle half▲ 8.1pp66.4%above the sector's middle half▼ 11.2pp74.9%above the sector's middle half▲ 8.5pp
Current ratio2.03within the sector's middle half-2.97above the sector's middle half▲ 0.954.25above the sector's middle half▲ 1.282.84within the sector's middle half▼ 1.423.76above the sector's middle half▲ 0.93
Return on assets (ROA)54.1%above the sector's middle half-48.3%above the sector's middle half▼ 5.9pp42.5%above the sector's middle half▼ 5.8pp35.8%above the sector's middle half▼ 6.7pp31.4%above the sector's middle half▼ 4.4pp
Staff (FTE)0.5-0.8below the sector's middle half▲ 60.0%2.1within the sector's middle half▲ 163%3within the sector's middle half▲ 42.9%5.7within the sector's middle half▲ 90.0%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2022 Net result +129% on 2021. The accounts now follow the abbreviated schema, last year the micro schema.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 27% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.8m
Fixed assets
€394,227 ▲ 61.6%
Current assets
€6.4m ▲ 35.9%
Equity and liabilities €6.8m
Equity
€5.1m ▲ 54.7%
Debt
€1.7m ▲ 2.4%
Debt's share of the balance-sheet total falls from 33.6% to 25.1%. Equity and debt are higher.
Key figures and ratios
Key figures and ratios
EBITDA
€2.9m▲
2024 · €2.3m
Cash flow
€2.2m▲
2024 · €1.8m
Quick ratio
2.47▲
2024 · 2.24
Debt to equity
0.33▼
2024 · 0.51
ROE
41.9%▼
2024 · 53.9%
Interest coverage
37.44▼
2024 · 64.57
Debt ≤ 1 year
€1.7m▲
2024 · €1.7m
Income taxes
€712,004▲
2024 · €491,934
Staff costs
€371,162▲
2024 · €174,899
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €0.001m | €0.02m | - | - |
| Remuneration, social security and pensions62 | €0.002m | €0.03m | €0.08m | €0.2m | €0.4m | ▲ 112% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €286 | €0.01m | €0.03m | €0.06m | €0.09m | ▲ 57.0% |
| Other operating charges640/8 | €278 | €408 | €0.003m | €0.002m | €0.02m | ▲ 970% |
| Gross operating margin9900 | €0.3m | €0.8m | €1.4m | €2.4m | €3.3m | ▲ 34.8% |
| Operating profit (loss)9901 | €0.3m | €0.8m | €1.3m | €2.2m | €2.8m | ▲ 27.4% |
| Financial income75/76B | €1 | €0.001m | €0.03m | €0.09m | €0.1m | ▲ 18.3% |
| Recurring financial income75 | €1 | €0.001m | €0.03m | €0.09m | €0.1m | ▲ 18.3% |
| Financial charges65/66B | €0.002m | €0.01m | €0.02m | €0.04m | €0.08m | ▲ 121% |
| Recurring financial charges65 | €0.002m | €0.01m | €0.02m | €0.04m | €0.08m | ▲ 121% |
| Profit (loss) for the period before taxes9903 | €0.3m | €0.8m | €1.3m | €2.3m | €2.9m | ▲ 25.6% |
| Income taxes67/77 | €0.07m | €0.2m | €0.3m | €0.5m | €0.7m | ▲ 44.7% |
| Profit (loss) for the period9904 | €0.3m | €0.6m | €1.0m | €1.8m | €2.1m | ▲ 20.3% |
| Transfer to tax-exempt reserves689 | €0.1m | €0.2m | €0.4m | €0.6m | €0.8m | ▲ 27.3% |
| Profit (loss) for the period to be appropriated9905 | €0.1m | €0.4m | €0.6m | €1.2m | €1.3m | ▲ 16.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.5m | €1.2m | €2.4m | €5.0m | €6.8m | ▲ 37.1% |
| Fixed assets21/28 | €0.04m | €0.1m | €0.2m | €0.2m | €0.4m | ▲ 61.6% |
| Intangible fixed assets21 | - | €0.009m | €0.009m | €0.006m | €0.004m | ▼ 39.7% |
| Tangible fixed assets22/27 | €0.04m | €0.1m | €0.2m | €0.2m | €0.4m | ▲ 64.4% |
| Plant, machinery and equipment23 | €0.04m | €0.1m | €0.06m | €0.09m | €0.08m | ▼ 3.5% |
| Furniture and vehicles24 | - | - | €0.07m | €0.1m | €0.2m | ▲ 47.5% |
| Other tangible fixed assets26 | - | - | €0.02m | €0.05m | €0.2m | ▲ 234% |
| Current assets29/58 | €0.4m | €1.1m | €2.2m | €4.7m | €6.4m | ▲ 35.9% |
| Amounts receivable after more than one year29 | - | - | - | €1.7m | €1.7m | = |
| Other amounts receivable291 | - | - | - | €1.7m | €1.7m | = |
| Stocks and contracts in progress3 | €0.3m | €0.8m | €0.8m | €1.0m | €2.2m | ▲ 122% |
| Stocks30/36 | €0.3m | €0.8m | €0.8m | €1.0m | €2.2m | ▲ 122% |
| Amounts receivable within one year40/41 | €0.05m | €0.04m | €0.03m | €0.09m | €0.06m | ▼ 28.6% |
| Trade receivables40 | €0.05m | €0.04m | €0.03m | €0.09m | €0.06m | ▼ 28.9% |
| Other amounts receivable41 | €248 | €16 | €17 | €0.001m | €0.001m | ▲ 2.9% |
| Current investments50/53 | - | €0.03m | €0.8m | €0.5m | €2.0m | ▲ 303% |
| Cash at bank and in hand54/58 | €0.1m | €0.2m | €0.5m | €1.4m | €0.3m | ▼ 74.7% |
| Deferred charges and accrued income490/1 | €0.001m | €0.004m | €0.008m | €0.08m | €0.09m | ▲ 12.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.5m | €1.2m | €2.4m | €5.0m | €6.8m | ▲ 37.1% |
| Equity10/15 | €0.3m | €0.8m | €1.8m | €3.3m | €5.1m | ▲ 54.7% |
| Contributions10/11 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Reserves13 | €0.1m | €0.3m | €0.7m | €1.4m | €2.2m | ▲ 58.8% |
| Tax-exempt reserves132 | €0.1m | €0.3m | €0.7m | €1.4m | €2.1m | ▲ 51.1% |
| Distributable reserves133 | - | - | - | - | €0.1m | - |
| Profit (loss) carried forward14 | €0.1m | €0.5m | €1.1m | €1.9m | €2.9m | ▲ 51.9% |
| Amounts payable17/49 | €0.2m | €0.4m | €0.5m | €1.7m | €1.7m | ▲ 2.4% |
| Amounts payable within one year42/48 | €0.2m | €0.4m | €0.5m | €1.7m | €1.7m | ▲ 2.4% |
| Trade debts44 | €0.04m | €0.1m | €0.3m | €0.8m | €1.3m | ▲ 68.5% |
| Suppliers440/4 | €0.04m | €0.1m | €0.3m | €0.8m | €1.3m | ▲ 68.5% |
| Advances received on contracts in progress46 | €0.07m | €0.06m | €0.1m | €0.2m | - | - |
| Taxes, remuneration and social security45 | €0.06m | €0.2m | €0.1m | €0.1m | €0.2m | ▲ 52.6% |
| Taxes450/3 | €0.06m | €0.1m | €0.09m | €0.1m | €0.2m | ▲ 22.7% |
| Remuneration and social security454/9 | €0.001m | €0.003m | €0.007m | €0.01m | €0.06m | ▲ 319% |
| Other amounts payable47/48 | €0.05m | €0.04m | €0.04m | €0.6m | €0.2m | ▼ 64.5% |
| Accrued charges and deferred income492/3 | €0.002m | €0.002m | €0.01m | €0.002m | €0.002m | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.3m | €0.6m | €1.0m | €1.8m | €2.1m | ▲ 20.3% |
| + Depreciation and write-downs630 | €286 | €0.01m | €0.03m | €0.06m | €0.09m | ▲ 57.0% |
| Operating cash flow (approximation) | €0.3m | €0.6m | €1.0m | €1.8m | €2.2m | ▲ 21.4% |
| Investment in fixed assets (approximation) | - | -€0.09m | -€0.08m | -€0.1m | -€0.2m | ▼ 70.9% |
| Change in cash | - | €0.1m | €0.3m | €0.9m | -€1.0m | ▼ 218% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
NOSTRAVIS
BE 0872.964.861
Schaarbeek · Eq €5,185,255
CAROLO-BETON ET MATERIAUX
BE 0432.599.610
Charleroi · Eq €4,992,952
M.A.Z.
BE 0434.424.891
Antwerpen · Eq €5,252,835
MULTYMAT
BE 0474.104.722
Zottegem · Eq €5,276,181
DE MARIE
BE 0416.875.514
Ternat · Eq €4,948,523
Of 1,719 companies in this sector we hold annual accounts for 1,288. 589 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
10 eventsLatest 30-09-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 61 days late
2025
31-12
Financial
Highest result since 2021net €2.1m ▲20.3%
Operating result €2.8m, net result €2.1m, both a record.
31-12
Financial
Equity above €5mEq €5.1m ▲54.7%
5 profitable years in a row build equity to €5.1m.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €2mEq €3.3m ▲81.2%
4 profitable years in a row build equity to €3.3m.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
31-12
Financial
Equity above €1mEq €1.8m ▲121%
3 profitable years in a row build equity to €1.8m.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Equity above €500,000Eq €825,532 ▲228%
2 profitable years in a row build equity to €825,532.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Support & recognitions
1 funding sourceFlanders €11,4871 register with a recognitionLEI issued
Flemish government
€11,487
awarded · 2022 - 2025
LEI
active
875500B4PMFA4KGUZI87
Subsidies and aid
Flemish government
2022 to 2025 · 3 entries · €11,487 awarded · €9,578 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | €1,909 | €0 |
| 2024 | 1 | €9,000 | €9,000 |
| 2022 | 1 | €578 | €578 |
Recognitions · licences · registrations
Legal Entity Identifier
875500B4PMFA4KGUZI87
Company details
Private limited company · founded 26-02-2021Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded26-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
47521Retail sale of hardware, building materials, paint and glass (general range)
47524Retail trade
47530Retail trade
47551Retail sale of household furniture
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0764407708
Also
9925:BE0764407708
Registered
03-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Zulte · 1 establishment unit since 2021
Ground area
5,272 m²
Building footprint
3,906 m²
Volume, LiDAR
25,919 m³
Parcel 44081C0003/00C009, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SOTRACO
since 2021unit no. 2.313.972.414
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44081C0003/00C009 | Flanders | 5,272 m² | 1 · 3,905 m² | 8.8 m · 2 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.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark
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