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SOULCO

Active
Public limited companyfounded 200620 yrs activeIndustrieweg 83, 3583 Beringen, BelgiumKBO/BCE: BE 0880.949.446

SOULCO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.49M and a net result of €1.68M. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 38% of 924 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
70 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-25
Solvency57▲+10
Growth52▼-29
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity tight (current ratio 1.32 against 1.11 in 2024; short-term debt: 68.4% and cash: 19.8% of total assets), and 68.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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 2025
Solvency, return and age of the figures
Solvency
31.6%
Return on assets
15.2%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 20 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-03-2026, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
52 d early
2024
54 d late
2023
50 d early
2022
41 d early
2021
37 d early
2020
45 d early
2019
52 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
20-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
€428k▼ 84.6%
2024 · €2.77M
2018: €1.14M 2019: €1.17M 2020: €8.70M 2021: €2.28M 2022: €18.67M 2023: €464k 2024: €2.77M
2018 → 2025
EBIT margin
377.2%▲ 301.9pp
2024 · 75.3%
2018: 61.1% 2019: 40.1% 2020: 8.1% 2021: 8.8% 2022: 3.6% 2023: 154.1% 2024: 75.3%
2018 → 2025
Net result
€1.68M▼ 30.5%
2024 · €2.42M
2018: €13k 2019: €435k 2020: €560k 2021: €350k 2022: €717k 2023: €357k 2024: €2.42M
2018 → 2025
Working capital
€2.40M▲ 233%
2024 · €720k
2018: €1.04M 2019: €1.02M 2020: €1.21M 2021: €720k 2022: €600k 2023: €660k 2024: €720k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€2.28M-€18.67M▲ 718%€464k▼ 97.5%€2.77M▲ 498%€428k▼ 84.6%
Equity€1.81M-€1.81M=€1.81M=€1.81M=€3.49M▲ 92.9%
Operating result€200k-€663k▲ 231%€714k▲ 7.7%€2.09M▲ 192%€1.61M▼ 22.8%
Net result€350k-€717k▲ 105%€357k▼ 50.2%€2.42M▲ 578%€1.68M▼ 30.5%
Result per fiscal year
Operating resultNet result
€0€1.00M€2.00MOperating result 2021: €200k€200kNet result 2021: €350k€350kOperating result 2022: €663k€663kNet result 2022: €717k€717kOperating result 2023: €714k€714kNet result 2023: €357k€357kOperating result 2024: €2.09M€2.09MNet result 2024: €2.42M€2.42MOperating result 2025: €1.61M€1.61MNet result 2025: €1.68M€1.68M20212022202320242025
The operating result falls in 2025; 2025 is 23% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11.07M
Fixed assets €1.10M=
Current assets €9.97M▲ 39.6%
Equity and liabilities €11.07M
Equity €3.49M▲ 92.9%
Debt €7.58M▲ 17.8%
The debt ratio falls from 78.0% to 68.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Solvency
31.6%
2024 · 22.0%
Current ratio
1.32
2024 · 1.11
Quick ratio
1.29
2024 · 1.10
Debt / equity
2.17
2024 · 3.55
ROE
48.2%
2024 · 133.6%
ROA
15.2%
2024 · 29.3%
Debt
€7.58M
2024 · €6.44M
Debt ≤ 1 year
€7.57M
2024 · €6.42M
Income taxes
€461k
2024 · €531k
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
Assets
Total assets20/58€8.25M€11.07M
Fixed assets21/28€1.10M€1.10M=
Financial fixed assets28€1.10M€1.10M=
Affiliated companies280/1€1.08M€1.08M=
Participating interests280€962k€962k=
Amounts receivable281€120k€120k=
Other financial fixed assets284/8€21k€21k=
Amounts receivable and cash guarantees285/8€21k€21k=
Current assets29/58€7.14M€9.97M
Stocks and contracts in progress3€73k€214k
Contracts in progress37€73k€214k
Amounts receivable within one year40/41€1.58M€7.56M
Trade receivables40€1.52M€7.31M
Other amounts receivable41€58k€251k
Current investments50/53€3.70M-
Other investments51/53€3.70M-
Cash at bank and in hand54/58€1.78M€2.19M
Deferred charges and accrued income490/1€5k€5k
Equity and liabilities
Total equity and liabilities10/49€8.25M€11.07M
Equity10/15€1.81M€3.49M
Contributions10/11€1.01M€1.01M=
Capital10€1.01M€1.01M=
Issued capital100€1.01M€1.01M=
Revaluation surpluses12€701k€701k=
Reserves13€101k€1.78M
Non-distributable reserves130/1€101k€101k=
Legal reserve130€101k€101k=
Distributable reserves133-€1.68M
Amounts payable17/49€6.44M€7.58M
Amounts payable within one year42/48€6.42M€7.57M
Trade debts44€303k€1.19M
Suppliers440/4€303k€1.19M
Advances received on contracts in progress46€3.74M€5.24M
Taxes, remuneration and social security45-€303k
Taxes450/3-€303k
Other amounts payable47/48€2.38M€843k
Accrued charges and deferred income492/3€12k€7k
Income statement Code20242025
Operating income70/76A€8.08M€5.45M
Turnover70€2.77M€428k
Change in stocks of work in progress, finished goods and contracts in progress71€5.26M€5.00M
Other operating income74€44k€15k
Operating charges60/66A€5.99M€3.83M
Goods for resale, raw materials and consumables60€4.88M€2.90M
Purchases600/8€4.88M€2.90M
Services and other goods61€1.11M€865k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€184-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€69k
Other operating charges640/8€1k€1k
Operating profit (loss)9901€2.09M€1.61M
Financial income75/76B€947k€580k
Recurring financial income75€947k€580k
Income from financial fixed assets750€831k€484k
Income from current assets751€112k€76k
Other financial income752/9€5k€20k
Financial charges65/66B€84k€49k
Recurring financial charges65€84k€49k
Other financial charges652/9€84k€49k
Profit (loss) for the period before taxes9903€2.95M€2.14M
Income taxes67/77€531k€461k
Taxes670/3€563k€461k
Tax adjustments and reversals of tax provisions77€32k-
Profit (loss) for the period9904€2.42M€1.68M
Profit (loss) for the period to be appropriated9905€2.42M€1.68M
Appropriation of the result
Profit (loss) to be appropriated9906€2.42M€1.68M
Transfer to equity691/2-€1.68M
To other reserves6921-€1.68M
Profit to be distributed694/7€2.42M-
Return on contributions (dividend)694€2.42M-

The notes to these accounts (25 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
09-03
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
30-09
Financial Equity above €2MEq €3.49M ▲92.9%
8 profitable years in a row build equity to €3.49M.
23-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 54 days late
2024
30-09
Financial Highest result since 2018net €2.42M ▲578%
Operating result €2.09M, net result €2.42M, both a record.
11-03
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
20-03
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
24-03
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
16-03
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
09-03
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
22-03
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
15-03
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
01-03
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.

Directors · office · real estate

Directors
26 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, Beringen · 1 establishment unit since 2006
establishment The establishment unit on the map
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.

Industrieweg 833583 Beringen
Ground area
5,291 m²
Building footprint
1,148 m²
Volume, LiDAR
7,986 m³
Parcel 71049B1471/00K000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SOULCO
Industrieweg 83, 3583 BeringenNACE 74879
since 20062.154.394.546
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71049B1471/00K000 Flanders 5,291 m² 1 · 1,148 m² 7.8 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

549300TQHXYPVDDO5E58
live in the LEI register

Similar companies · same sector, comparable size

Of 24,503 companies in sector 82990 we hold annual accounts for 9,402. 2,344 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded26-04-2006
Fiscal year end30-09
Activities, NACEBEL
82990Other business support services
58290Other software publishing
62020IT consultancy
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
72100
72210
72600
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.