SOTRO
ActiveSummary
The computed 12-month bankruptcy probability of SOTRO is 2.3% (moderate). The 2025 annual accounts show equity of €28,444 and a net result of €6,471. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 21% of 28281 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+4
Solvency44▲+7
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity short (current ratio 0.56 against 0.61 in 2024; short-term debt: 54.4% and cash: 3.5% of total assets), and 81.4% 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
Seven 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
18.6%
Return on assets
4.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 28281 sector peers (2025).
NBB · sector comparisonPosition among 28281 sector peers
Solvency
better than 21%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €28,444
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 06-07-2026, 25 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
25 d early
2024
27 d late
2023
28 d late
2022
25 d late
2021
9 d late
2020
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 16 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 25 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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 trust this company with building work?Contractor check 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 How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€28,444▲ 29.4%
2024 · €21,973
Total assets
€153,240▼ 16.1%
2024 · €182,702
Net result
€6,471▲ 160%
2024 · €2,486
Working capital
-€36,749▲ 4.3%
2024 · -€38,403
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€165▼ 97.0%-€8,614€3,243€5,658▲ 74.4%€8,925▲ 57.8%
Net result-€2,186below the sector's middle half-€11,136below the sector's middle half▼ 410%€452within the sector's middle half€2,486within the sector's middle half▲ 450%€6,471within the sector's middle half▲ 160%
Equity€30,171within the sector's middle half▲ 49.1%€19,035below the sector's middle half▼ 36.9%€19,487below the sector's middle half▲ 2.4%€21,973within the sector's middle half▲ 12.8%€28,444within the sector's middle half▲ 29.4%
Total assets€228,271within the sector's middle half▼ 12.9%€193,834within the sector's middle half▼ 15.1%€167,618within the sector's middle half▼ 13.5%€182,702within the sector's middle half▲ 9.0%€153,240within the sector's middle half▼ 16.1%
Debt€198,100▼ 18.1%€174,799▼ 11.8%€148,131▼ 15.3%€160,729▲ 8.5%€124,796▼ 22.4%
Working capital-€86,738below the sector's middle half▲ 51.1%-€57,226below the sector's middle half▲ 34.0%-€44,688below the sector's middle half▲ 21.9%-€38,403below the sector's middle half▲ 14.1%-€36,749below the sector's middle half▲ 4.3%
Solvency13.2%below the sector's middle half▲ 5.5pp9.8%below the sector's middle half▼ 3.4pp11.6%below the sector's middle half▲ 1.8pp12.0%below the sector's middle half▲ 0.4pp18.6%below the sector's middle half▲ 6.5pp
Current ratio0.31below the sector's middle half▲ 0.110.39below the sector's middle half▲ 0.080.47below the sector's middle half▲ 0.090.61below the sector's middle half▲ 0.130.56below the sector's middle half▼ 0.05
Return on assets (ROA)-1.0%below the sector's middle half▼ 3.0pp-5.7%below the sector's middle half▼ 4.8pp0.3%below the sector's middle half▲ 6.0pp1.4%within the sector's middle half▲ 1.1pp4.2%within the sector's middle half▲ 2.9pp
Staff (FTE)1.72▲ 17.6%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 58% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €153,240
Fixed assets
€106,558 ▼ 13.5%
Current assets
€46,682 ▼ 21.5%
Equity and liabilities €153,240
Equity
€28,444 ▲ 29.4%
Debt
€124,796 ▼ 22.4%
Debt's share of the balance-sheet total falls from 88.0% to 81.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€49,846▲
2024 · €44,612
Cash flow
€47,392▲
2024 · €41,441
Quick ratio
0.55▼
2024 · 0.57
Debt to equity
4.39▼
2024 · 7.31
ROE
22.7%▲
2024 · 11.3%
Interest coverage
19.42▲
2024 · 14.06
Debt ≤ 1 year
€83,430▼
2024 · €97,854
Debt > 1 year
€41,366▼
2024 · €62,876
Staff costs
€77,296▲
2024 · €57,943
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,275 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
2.5%
went bankrupt
2.5%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.3% 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 497,338 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% | 1.9% |
| 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 3,275 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €3,930 | - | - | - | - | - |
| Remuneration, social security and pensions62 | €120 | - | €26,140 | €57,943 | €77,296 | ▲ 33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34,867 | €35,222 | €36,678 | €38,955 | €40,921 | ▲ 5.0% |
| Other operating charges640/8 | €659 | €617 | €1,339 | €1,031 | €927 | ▼ 10.1% |
| Gross operating margin9900 | €35,811 | €27,226 | €67,400 | €103,586 | €128,069 | ▲ 23.6% |
| Operating profit (loss)9901 | €165 | -€8,614 | €3,243 | €5,658 | €8,925 | ▲ 57.8% |
| Financial income75/76B | €15 | €5 | €0 | €1 | €113 | ▲ 14,014% |
| Recurring financial income75 | €15 | €5 | €0 | €1 | €113 | ▲ 14,014% |
| Financial charges65/66B | €2,366 | €2,527 | €2,791 | €3,172 | €2,567 | ▼ 19.1% |
| Recurring financial charges65 | €2,366 | €2,527 | €2,791 | €3,172 | €2,567 | ▼ 19.1% |
| Profit (loss) for the period before taxes9903 | -€2,186 | -€11,136 | €452 | €2,486 | €6,471 | ▲ 160% |
| Profit (loss) for the period9904 | -€2,186 | -€11,136 | €452 | €2,486 | €6,471 | ▲ 160% |
| Profit (loss) for the period to be appropriated9905 | -€2,186 | -€11,136 | €452 | €2,486 | €6,471 | ▲ 160% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €228,271 | €193,834 | €167,618 | €182,702 | €153,240 | ▼ 16.1% |
| Fixed assets21/28 | €189,480 | €157,258 | €127,188 | €123,252 | €106,558 | ▼ 13.5% |
| Tangible fixed assets22/27 | €189,480 | €157,258 | €127,188 | €123,252 | €106,558 | ▼ 13.5% |
| Plant, machinery and equipment23 | €41,923 | €34,023 | €27,020 | €52,119 | €57,066 | ▲ 9.5% |
| Furniture and vehicles24 | €147,557 | €123,235 | €100,169 | €71,133 | €49,492 | ▼ 30.4% |
| Current assets29/58 | €38,791 | €36,575 | €40,430 | €59,451 | €46,682 | ▼ 21.5% |
| Stocks and contracts in progress3 | €1,631 | €4,031 | €7,066 | €3,954 | €1,190 | ▼ 69.9% |
| Stocks30/36 | €1,631 | €4,031 | €7,066 | €3,954 | €1,190 | ▼ 69.9% |
| Amounts receivable within one year40/41 | €32,634 | €14,593 | €24,699 | €51,694 | €39,183 | ▼ 24.2% |
| Trade receivables40 | €31,987 | €10,615 | €21,847 | €48,865 | €38,880 | ▼ 20.4% |
| Other amounts receivable41 | €647 | €3,978 | €2,852 | €2,829 | €303 | ▼ 89.3% |
| Cash at bank and in hand54/58 | €2,050 | €16,113 | €5,917 | €2,957 | €5,418 | ▲ 83.3% |
| Deferred charges and accrued income490/1 | €2,477 | €1,839 | €2,748 | €845 | €891 | ▲ 5.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €228,271 | €193,834 | €167,618 | €182,702 | €153,240 | ▼ 16.1% |
| Equity10/15 | €30,171 | €19,035 | €19,487 | €21,973 | €28,444 | ▲ 29.4% |
| Contributions10/11 | €15,000 | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Profit (loss) carried forward14 | €15,171 | €4,035 | €4,487 | €6,973 | €13,444 | ▲ 92.8% |
| Amounts payable17/49 | €198,100 | €174,799 | €148,131 | €160,729 | €124,796 | ▼ 22.4% |
| Amounts payable after more than one year17 | €72,572 | €80,998 | €63,013 | €62,876 | €41,366 | ▼ 34.2% |
| Financial debts170/4 | €72,572 | €80,998 | €63,013 | €62,876 | €41,366 | ▼ 34.2% |
| Amounts payable within one year42/48 | €125,529 | €93,801 | €85,118 | €97,854 | €83,430 | ▼ 14.7% |
| Current portion of amounts payable after more than one year42 | €18,885 | €24,718 | €19,254 | €21,218 | €21,510 | ▲ 1.4% |
| Trade debts44 | €364 | €314 | €5,711 | €17,035 | €3,617 | ▼ 78.8% |
| Suppliers440/4 | €364 | €314 | €5,711 | €17,035 | €3,617 | ▼ 78.8% |
| Taxes, remuneration and social security45 | €9,827 | €854 | €4,416 | €6,788 | €11,035 | ▲ 62.6% |
| Taxes450/3 | €4,427 | €854 | €904 | €660 | €905 | ▲ 37.2% |
| Remuneration and social security454/9 | €5,400 | - | €3,512 | €6,128 | €10,130 | ▲ 65.3% |
| Other amounts payable47/48 | €96,453 | €67,915 | €55,736 | €52,812 | €47,269 | ▼ 10.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,186 | -€11,136 | €452 | €2,486 | €6,471 | ▲ 160% |
| + Depreciation and write-downs630 | €34,867 | €35,222 | €36,678 | €38,955 | €40,921 | ▲ 5.0% |
| Operating cash flow (approximation) | €32,681 | €24,086 | €37,130 | €41,441 | €47,392 | ▲ 14.4% |
| Investment in fixed assets (approximation) | - | -€3,000 | -€6,608 | -€35,018 | -€24,228 | ▲ 30.8% |
| Change in cash | - | €14,063 | -€10,196 | -€2,960 | €2,462 | ▲ 183% |
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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2020net €6,471 ▲160%
Operating result €8,925, net result €6,471, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Back to profitnet €452
Net result €452 after 2 loss-making years.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Weakest financial yearnet -€11,136
Net result drops to -€11,136, the lowest in the series; recovery starts the following year.
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Fexhe-le-Haut-Clocher · 1 establishment unit since 2020
Ground area
2,212 m²
Building footprint
260 m²
Volume, LiDAR
2,312 m³
Parcel 64423B0207/00Y000, Wallonia · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
SOTRO
since 20202.309.003.242
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64423B0207/00Y000 | Wallonia | 2,212 m² | 1 · 260 m² | 11.2 m · 3 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.
Similar companies · same sector, comparable size
MAXIME PEERBOOM
BE 1008.125.750
Gouvy · Eq €28,456
GRONDWERKEN BRECHT VERSYCK
BE 1018.624.021
Hooglede · Eq €28,407
FFIXHOME
BE 1009.699.229
Bilzen-Hoeselt · Eq €28,394
VANDECASTEELE AARON
BE 1003.781.833
Pittem · Eq €28,393
S&B BATY
BE 0694.822.480
Anderlecht · Eq €28,503
Of 8,465 companies in sector 43120 we hold annual accounts for 3,233. 2,195 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
Founded25-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
81300Landscape service activities
Contact
E-mail
ptiroberti@gmail.com
Phone
0471/42.25.44
E-invoicing
Reachable via Peppol
Peppol ID
0208:0748957586
Also
9925:BE0748957586
Registered
10-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.