SOUDEC
ActiveSummary
SOUDEC has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €898,859 and a net result of €177,168. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 68% of 11472 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▼-2
Solvency90▼-4
Growth61=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70,000 at 30 days acceptable
Liquidity ample (current ratio 2.89 against 3.3 in 2024; short-term debt: 31.6% and cash: 22.2% of total assets), and 35.3% 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
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
64.7%
Return on assets
12.7%
Age of the figures
9 mo
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
Wholesale trade (NACE 46)
about 21% 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 20-08-2026, 20 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 · 10 filingsDeviation from the deadline
2025
20 d late
2024
21 d late
2023
12 d late
2022
31 d late
2021
19 d late
2020
10 d late
2019
25 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 13 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 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 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 What changed in the latest annual accounts?What changed
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
In the rankings
#7 company by equity in Fontaine-l'Evêque, Wholesale and retail trade sector#10 company by total assets in Fontaine-l'Evêque, Wholesale and retail trade sector
Turnover
€952,230▼ 1.4%
2018 · €965,479
EBIT margin
0.9%▼ 5.6pp
2018 · 6.5%
Net result
€177,168▲ 3.6%
2024 · €170,952
Working capital
€827,385▲ 7.3%
2024 · €771,186
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Turnover
Operating result€62,631▲ 5.6%€93,209▲ 48.8%€189,011▲ 103%€227,903▲ 20.6%€232,257▲ 1.9%
Net result€74,101within the sector's middle half▲ 8.6%€86,219within the sector's middle half▲ 16.4%€140,027within the sector's middle half▲ 62.4%€170,952within the sector's middle half▲ 22.1%€177,168above the sector's middle half▲ 3.6%
EBIT margin
Equity€641,641within the sector's middle half▲ 13.1%€892,173within the sector's middle half▲ 39.0%€766,137within the sector's middle half▼ 14.1%€820,940within the sector's middle half▲ 7.2%€898,859above the sector's middle half▲ 9.5%
Total assets€1.3mwithin the sector's middle half▲ 24.0%€1.6mwithin the sector's middle half▲ 19.9%€1.3mwithin the sector's middle half▼ 15.9%€1.2mwithin the sector's middle half▼ 10.5%€1.4mabove the sector's middle half▲ 16.6%
Debt€662,274▲ 37.8%€675,101▲ 1.9%€549,277▼ 18.6%€354,832▼ 35.4%€474,670▲ 33.8%
Working capital€562,904▲ 16.9%€822,247▲ 46.1%€710,642▼ 13.6%€771,186▲ 8.5%€827,385▲ 7.3%
Solvency48.6%within the sector's middle half▼ 4.7pp56.3%within the sector's middle half▲ 7.7pp57.5%within the sector's middle half▲ 1.2pp68.9%above the sector's middle half▲ 11.3pp64.7%within the sector's middle half▼ 4.2pp
Staff (FTE)1.5below the sector's middle half▲ 87.5%1.5below the sector's middle half=2below the sector's middle half▲ 33.3%2.7below the sector's middle half▲ 35.0%3▲ 11.1%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 2% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets
€124,093 ▲ 44.7%
Current assets
€1.3m ▲ 14.4%
Equity and liabilities €1.4m
Equity
€898,859 ▲ 9.5%
Provisions
€16,549 =
Debt
€474,670 ▲ 33.8%
Debt's share of the balance-sheet total rises from 29.8% to 34.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€270,572▲
2024 · €265,373
Cash flow
€215,482▲
2024 · €208,422
Current ratio
2.89▼
2024 · 3.30
Quick ratio
2.27▼
2024 · 2.47
Debt to equity
0.53▲
2024 · 0.43
ROE
19.7%▼
2024 · 20.8%
ROA
12.7%▼
2024 · 14.3%
Interest coverage
37.18▼
2024 · 38.71
Debt ≤ 1 year
€438,600▲
2024 · €335,350
Debt > 1 year
€35,267▲
2024 · €19,482
Income taxes
€59,685▼
2024 · €62,596
Staff costs
€138,447▲
2024 · €100,748
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
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 0.6% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 34,672 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 | - | - | €72 | - | - | - |
| Remuneration, social security and pensions62 | €40,376 | €29,901 | €79,803 | €100,748 | €138,447 | ▲ 37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,428 | €34,730 | €38,704 | €37,470 | €38,315 | ▲ 2.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €1,157 | - | - |
| Other operating charges640/8 | €169 | €2,246 | €1,496 | €2,879 | €5,100 | ▲ 77.2% |
| Gross operating margin9900 | €134,603 | €160,085 | €309,014 | €370,157 | €414,119 | ▲ 11.9% |
| Operating profit (loss)9901 | €62,631 | €93,209 | €189,011 | €227,903 | €232,257 | ▲ 1.9% |
| Financial income75/76B | €34,502 | €18,792 | €12,454 | €12,501 | €11,874 | ▼ 5.0% |
| Recurring financial income75 | €33,589 | €18,792 | €12,454 | €12,501 | €11,874 | ▼ 5.0% |
| Non-recurring financial income76B | €914 | - | - | - | - | - |
| Financial charges65/66B | €911 | €10,599 | €6,706 | €6,856 | €7,278 | ▲ 6.2% |
| Recurring financial charges65 | €911 | €10,599 | €6,706 | €6,856 | €7,278 | ▲ 6.2% |
| Profit (loss) for the period before taxes9903 | €96,223 | €101,401 | €194,759 | €233,548 | €236,853 | ▲ 1.4% |
| Income taxes67/77 | €22,122 | €15,182 | €54,732 | €62,596 | €59,685 | ▼ 4.7% |
| Profit (loss) for the period9904 | €74,101 | €86,219 | €140,027 | €170,952 | €177,168 | ▲ 3.6% |
| Transfer from tax-exempt reserves789 | €21,700 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €95,801 | €86,219 | €140,027 | €170,952 | €177,168 | ▲ 3.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.3m | €1.6m | €1.3m | €1.2m | €1.4m | ▲ 16.6% |
| Fixed assets21/28 | €132,797 | €140,200 | €106,153 | €85,786 | €124,093 | ▲ 44.7% |
| Tangible fixed assets22/27 | €132,783 | €140,186 | €106,139 | €85,772 | €124,079 | ▲ 44.7% |
| Plant, machinery and equipment23 | €1,038 | €7,803 | €7,568 | €14,292 | €40,183 | ▲ 181% |
| Furniture and vehicles24 | €20,872 | €14,704 | €8,535 | €6,589 | €36,152 | ▲ 449% |
| Other tangible fixed assets26 | €110,873 | €117,679 | €90,036 | €64,891 | €47,744 | ▼ 26.4% |
| Financial fixed assets28 | €14 | €14 | €14 | €14 | €14 | = |
| Current assets29/58 | €1.2m | €1.4m | €1.2m | €1.1m | €1.3m | ▲ 14.4% |
| Amounts receivable after more than one year29 | €199,000 | €117,000 | €95,000 | €95,000 | €95,000 | = |
| Other amounts receivable291 | €199,000 | €117,000 | €95,000 | €95,000 | €95,000 | = |
| Stocks and contracts in progress3 | €126,524 | €240,226 | €277,628 | €278,879 | €271,863 | ▼ 2.5% |
| Stocks30/36 | €126,524 | €240,226 | €277,628 | €278,879 | €271,863 | ▼ 2.5% |
| Amounts receivable within one year40/41 | €714,190 | €901,337 | €563,923 | €436,212 | €419,015 | ▼ 3.9% |
| Trade receivables40 | €269,267 | €291,534 | €270,147 | €352,039 | €311,020 | ▼ 11.7% |
| Other amounts receivable41 | €444,923 | €609,803 | €293,776 | €84,173 | €107,995 | ▲ 28.3% |
| Current investments50/53 | - | - | - | €136,000 | €160,000 | ▲ 17.6% |
| Cash at bank and in hand54/58 | €140,921 | €180,400 | €276,127 | €150,063 | €309,026 | ▲ 106% |
| Deferred charges and accrued income490/1 | €7,033 | €4,661 | €13,132 | €10,381 | €11,081 | ▲ 6.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.3m | €1.6m | €1.3m | €1.2m | €1.4m | ▲ 16.6% |
| Equity10/15 | €641,641 | €892,173 | €766,137 | €820,940 | €898,859 | ▲ 9.5% |
| Contributions10/11 | €40,000 | €59,336 | €59,336 | €59,336 | €59,336 | = |
| Outside capital11 | - | €59,336 | €59,336 | €59,336 | - | - |
| Other1109/19 | - | €59,336 | €59,336 | €59,336 | - | - |
| Reserves13 | €601,641 | €832,838 | €706,802 | €761,605 | €839,523 | ▲ 10.2% |
| Non-distributable reserves130/1 | €4,000 | €5,934 | €5,934 | €5,934 | €4,000 | ▼ 32.6% |
| Legal reserve130 | - | €1,934 | €1,934 | €1,934 | - | - |
| Reserves not available under the articles1311 | €4,000 | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Distributable reserves133 | €597,641 | €826,904 | €700,868 | €755,671 | €835,523 | ▲ 10.6% |
| Provisions and deferred taxes16 | €16,549 | €16,549 | €16,549 | €16,549 | €16,549 | = |
| Provisions for liabilities and charges160/5 | €16,549 | €16,549 | €16,549 | €16,549 | €16,549 | = |
| Pensions and similar obligations160 | €16,549 | €16,549 | €16,549 | €16,549 | €16,549 | = |
| Amounts payable17/49 | €662,274 | €675,101 | €549,277 | €354,832 | €474,670 | ▲ 33.8% |
| Amounts payable after more than one year17 | €37,510 | €53,724 | €34,108 | €19,482 | €35,267 | ▲ 81.0% |
| Financial debts170/4 | €37,510 | €53,724 | €34,108 | €19,482 | €35,267 | ▲ 81.0% |
| Amounts payable within one year42/48 | €624,764 | €621,377 | €515,169 | €335,350 | €438,600 | ▲ 30.8% |
| Current portion of amounts payable after more than one year42 | €32,987 | €24,513 | €33,281 | €14,626 | €19,447 | ▲ 33.0% |
| Trade debts44 | €507,139 | €198,748 | €154,574 | €160,001 | €169,100 | ▲ 5.7% |
| Suppliers440/4 | €507,139 | €198,748 | €154,574 | €160,001 | €169,100 | ▲ 5.7% |
| Advances received on contracts in progress46 | €10 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €25,961 | €29,634 | €78,361 | €48,966 | €66,154 | ▲ 35.1% |
| Taxes450/3 | €21,755 | €21,870 | €66,905 | €27,081 | €33,647 | ▲ 24.2% |
| Remuneration and social security454/9 | €4,206 | €7,764 | €11,457 | €21,884 | €32,507 | ▲ 48.5% |
| Other amounts payable47/48 | €58,667 | €368,482 | €248,954 | €111,758 | €183,898 | ▲ 64.6% |
| Accrued charges and deferred income492/3 | - | - | - | - | €803 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €74,101 | €86,219 | €140,027 | €170,952 | €177,168 | ▲ 3.6% |
| + Depreciation and write-downs630 | €31,428 | €34,730 | €38,704 | €37,470 | €38,315 | ▲ 2.3% |
| Operating cash flow (approximation) | €105,528 | €120,949 | €178,730 | €208,422 | €215,482 | ▲ 3.4% |
| Investment in fixed assets (approximation) | - | -€42,132 | -€4,657 | -€17,103 | -€76,623 | ▼ 348% |
| Change in cash | - | €39,479 | €95,727 | -€126,064 | €158,963 | ▲ 226% |
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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
31-12
Financial
Highest result since 2018net €177,168 ▲3.6%
Operating result €232,257, net result €177,168, both a record.
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 21 days late
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 12 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 19 days late
2021
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 10 days late
2020
31-12
Financial
Equity above €500,000Eq €567,541 ▲13.7%
3 profitable years in a row build equity to €567,541.
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €25,149 ▼61.9%
Net result drops to €25,149, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has 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
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, Fontaine-l'Evêque · 2 establishment units since 2008
Ground area
4,204 m²
Building footprint
799 m²
Volume, LiDAR
4,373 m³
Parcel 52022C0196/00C003, Wallonia · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
SOUDEC
since 20082.167.723.237
Soudures & Découpes
since 20222.327.072.956
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52022C0196/00C003 | Wallonia | 4,204 m² | 1 · 799 m² | 6.8 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.
Structure & network
Owners and holdings
1 ownerChain of control
- B.Y.S.
- SOUDEC
Highest known parent: B.Y.S.. The sources do not say who stands above it.
Owners 1
- B.Y.S.parentSourceaccounts B.Y.S. 202573%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
FLOORWORKS
BE 0459.999.932
Antwerpen · Eq €898,817
FRACA
BE 0405.354.981
Kuurne · Eq €901,156
Corza Medical
BE 0759.493.073
Machelen (Brab.) · Eq €893,487
AR TRADING AUTOMOBILE
BE 0816.698.230
Ciney · Eq €907,454
DE BIERTON
BE 0477.401.633
Sint-Laureins · Eq €909,048
Of 4,414 companies in sector 46180 we hold annual accounts for 1,892. 966 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
Founded17-12-2007
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
46649Wholesale of other machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0894241020
Also
9925:BE0894241020
Registered
18-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.