SOTREWALL
ActiveSOTREWALL has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €949k and a net result of €40k. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 84% of 173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability21▼-70
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 3.54 against 3.71 in 2024), and 24% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
7 signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
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
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
76%
Return on assets
3.2%
Age of the figures
8 mo
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
32 d early
2023
34 d early
2022
30 d early
2021
15 d early
2020
36 d early
2019
36 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€40k▼ 75.5%
2024 · €165k
2023: €395k
2024: €165k
2023 → 2025
Working capital
€616k▲ 4.1%
2024 · €592k
2023: €415k
2024: €592k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€743k-€908k▲ 22.2%€949k▲ 4.4%
Operating result€542k-€233k▼ 57.1%€72k▼ 69.1%
Net result€395k-€165k▼ 58.2%€40k▼ 75.5%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 69% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.25M
Fixed assets
€390k▼ 8.8%
Current assets
€858k▲ 5.9%
Equity and liabilities €1.25M
Equity
€949k▲ 4.4%
Debt
€299k▼ 9.2%
The debt ratio falls from 26.6% to 24.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€192k▼
2024 · €307k
Cash flow
€160k▼
2024 · €240k
Solvency
76.0%▲
2024 · 73.4%
Current ratio
3.54▼
2024 · 3.71
Quick ratio
3.43▼
2024 · 3.63
Debt / equity
0.32▼
2024 · 0.36
ROE
4.3%▼
2024 · 18.2%
ROA
3.2%▼
2024 · 13.3%
Interest coverage
17.86▼
2024 · 31.38
Debt
€299k▼
2024 · €330k
Debt ≤ 1 year
€242k▲
2024 · €219k
Debt > 1 year
€57k▼
2024 · €65k
Income taxes
€29k▼
2024 · €62k
Staff costs
€286k▲
2024 · €252k
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 · 2025 against 2024
Balance sheet
Code20242025
Total assets
20/58€1.24M€1.25M▲
Fixed assets
21/28€428k€390k▼
Tangible fixed assets
22/27€427k€335k▼
Financial fixed assets
28€171€55k▲
Current assets
29/58€810k€858k▲
Stocks & contracts in progress
3€17k€28k▲
Amounts receivable within one year
40/41€335k€285k▼
Investments
50/53€200k€200k=
Cash & bank
54/58€256k€311k▲
Total equity & liabilities
10/49€1.24M€1.25M▲
Equity
10/15€908k€949k▲
Contributions / capital
10/11€62k€62k=
Reserves
13€95k€95k=
Accumulated profits (losses)
14€752k€793k▲
Amounts payable
17/49€330k€299k▼
Amounts payable after one year
17€65k€57k▼
Amounts payable within one year
42/48€219k€242k▲
Trade debts payable within one year
44€91k€111k▲
Income statement
Code20242025
Gross operating margin
9900€632k€535k▼
Operating result
9901€233k€72k▼
Financial income
75€4k€8k▲
Financial charges
65€10k€11k▲
Result before taxes
9903€227k€69k▼
Income taxes
67/77€62k€29k▼
Net result for the period
9904€165k€40k▼
Result to be appropriated
9905€165k€40k▼
Timeline · acts, filings and financial milestones
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €40k ▼75.5%
Net result drops to €40k, the lowest in the series.
16-05
State Gazette act
Statutes amendment
Thierry Lannoy
27-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
01-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
16-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
23-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
24-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
18-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
22-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
21-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
GAUME LOGISTICS
BE 0832.344.132
Etalle · Eq €935k
RPM/BELGIUM
BE 0403.131.703
Tielt · Eq €963k
KYARA
BE 0476.831.808
Tessenderlo-Ham · Eq €964k
PARFULUX
BE 0423.990.958
Anderlecht · Eq €965k
Embelco Art Shipping
BE 0686.709.223
Etterbeek · Eq €932k
Of 1,030 companies in sector 52100 we hold annual accounts for 733. 528 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-08-1988
Fiscal year end31-12
Activities, NACEBEL
52100Warehousing and storage
52249Warehousing and support activities for transportation
63112
68204Real estate activities
82920Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 13-08-2026. Scores and ratios are computed by Checked and are not a credit decision.