Skip to content

SOUTHFORK

Active
Private limited companyfounded 200520 yrs activeBlijkerstraat 5, 2360 Oud-Turnhout, BelgiumKBO/BCE: BE 0877.403.996
Summary

SOUTHFORK has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €396,045 and a net result of €17,246. Equity is growing by ~3.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability71▲+2
Solvency73=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity short (current ratio 0.4 against 0.43 in 2023; short-term debt: 21.8% and cash: 0.1% of total assets), and 52.2% 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

Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 20 years 0 30 y
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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 d early
2024
15 d early
2023
26 d late
2022
17 d early
2021
31 d late
2020
16 d late
2019
29 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 4 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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 16 July (4 of the last 5 filed years within 42 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 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

History

SOUTHFORK was incorporated on 22 November 2005.1 Total assets rose from EUR 470,941 in 2018 to EUR 827,782 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, abbreviated schema

Equity
€396,045▲ 4.6%
2023 · €378,799
Total assets
€827,782▲ 4.6%
2023 · €791,720
Net result
€17,246▲ 592%
2023 · €2,494
Working capital
-€108,810▼ 66.2%
2023 · -€65,472
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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 70, Activities of head offices; management consultancy activities, 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).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€39,423▲ 21.9%€25,572▼ 35.1%€16,057▼ 37.2%€10,292▼ 35.9%€29,475▲ 186%
Net result€28,023within the sector's middle half▲ 34.0%€14,497within the sector's middle half▼ 48.3%€7,399within the sector's middle half▼ 49.0%€2,494below the sector's middle half▼ 66.3%€17,246within the sector's middle half▲ 592%
Equity€354,410within the sector's middle half▲ 8.6%€368,907within the sector's middle half▲ 4.1%€376,306within the sector's middle half▲ 2.0%€378,799within the sector's middle half▲ 0.7%€396,045within the sector's middle half▲ 4.6%
Total assets€427,270within the sector's middle half▼ 7.2%€836,899within the sector's middle half▲ 95.9%€819,630within the sector's middle half▼ 2.1%€791,720within the sector's middle half▼ 3.4%€827,782within the sector's middle half▲ 4.6%
Debt€72,860▼ 45.7%€467,992▲ 542%€443,324▼ 5.3%€412,921▼ 6.9%€431,736▲ 4.6%
Working capital€5,986within the sector's middle half-€27,340within the sector's middle half-€44,452within the sector's middle half▼ 62.6%-€65,472within the sector's middle half▼ 47.3%-€108,810below the sector's middle half▼ 66.2%
Solvency82.9%above the sector's middle half▲ 12.1pp44.1%within the sector's middle half▼ 38.9pp45.9%within the sector's middle half▲ 1.8pp47.8%within the sector's middle half▲ 1.9pp47.8%within the sector's middle half=
Current ratio1.08within the sector's middle half▲ 0.440.77within the sector's middle half▼ 0.310.56below the sector's middle half▼ 0.210.43below the sector's middle half▼ 0.130.40below the sector's middle half▼ 0.04
Return on assets (ROA)6.6%within the sector's middle half▲ 2.0pp1.7%within the sector's middle half▼ 4.8pp0.9%within the sector's middle half▼ 0.8pp0.3%below the sector's middle half▼ 0.6pp2.1%within the sector's middle half▲ 1.8pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000€40,000Operating result 2020: €39,423€39,423Net result 2020: €28,023€28,023Operating result 2021: €25,572€25,572Net result 2021: €14,497€14,497Operating result 2022: €16,057€16,057Net result 2022: €7,399€7,399Operating result 2023: €10,292€10,292Net result 2023: €2,494€2,494Operating result 2024: €29,475€29,475Net result 2024: €17,246€17,24620202021202220232024€0€10,000€20,000€30,000Operating result 2022: €16,057€16,100Net result 2022: €7,399€7,400Operating result 2023: €10,292€10,300Net result 2023: €2,494€2,490Operating result 2024: €29,475€29,500Net result 2024: €17,246€17,200202220232024
The operating result recovers in 2024; 2024 is 186% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €827,782
Fixed assets €756,533 ▲ 2.0%
Current assets €71,249 ▲ 42.2%
Equity and liabilities €827,782
Equity €396,045 ▲ 4.6%
Debt €431,736 ▲ 4.6%
Debt's share of the balance-sheet total stays at 52.2%.
Key figures and ratios
2024 value · change against 2023
EBITDA
€59,936▲
2023 · €40,753
Cash flow
€47,707▲
2023 · €32,954
Debt to equity
1.09=
2023 · 1.09
ROE
4.4%▲
2023 · 0.7%
Interest coverage
8.53▲
2023 · 5.99
Debt ≤ 1 year
€180,059▲
2023 · €115,593
Debt > 1 year
€251,677▼
2023 · €297,328
Income taxes
€5,204▲
2023 · €1,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€791,720€827,782▲
Fixed assets21/28€741,599€756,533▲
Tangible fixed assets22/27€319,168€334,101▲
Land and buildings22€319,168€334,101▲
Financial fixed assets28€422,431€422,431=
Current assets29/58€50,121€71,249▲
Amounts receivable within one year40/41€44,000€70,750▲
Trade receivables40€44,000€70,750▲
Cash at bank and in hand54/58€1,871€499▼
Deferred charges and accrued income490/1€4,250-
Equity and liabilities
Total equity and liabilities10/49€791,720€827,782▲
Equity10/15€378,799€396,045▲
Contributions10/11€7,000€7,000=
Reserves13€1,860€1,860=
Distributable reserves133€1,860€1,860=
Profit (loss) carried forward14€369,939€387,185▲
Amounts payable17/49€412,921€431,736▲
Amounts payable after more than one year17€297,328€251,677▼
Financial debts170/4€297,328€251,677▼
Amounts payable within one year42/48€115,593€180,059▲
Current portion of amounts payable after more than one year42€45,024€45,651▲
Trade debts44€2,740€7,429▲
Suppliers440/4€2,740€7,429▲
Taxes, remuneration and social security45€15,473€32,371▲
Taxes450/3€15,473€32,371▲
Other amounts payable47/48€52,357€94,609▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30,461€30,461=
Other operating charges640/8€3,813€11,602▲
Gross operating margin9900€44,565€71,539▲
Operating profit (loss)9901€10,292€29,475▲
Financial charges65/66B€6,798€7,026▲
Recurring financial charges65€6,798€7,026▲
Profit (loss) for the period before taxes9903€3,494€22,450▲
Income taxes67/77€1,000€5,204▲
Profit (loss) for the period9904€2,494€17,246▲
Profit (loss) for the period to be appropriated9905€2,494€17,246▲
Appropriation of the result
Profit (loss) to be appropriated9906€369,939€387,185▲
Profit (loss) brought forward from the previous period14P€367,446€369,939▲

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,913€25,550€27,962€30,461€30,461=
Other operating charges640/8-€2,902€2,963€3,813€11,602▲ 204%
Gross operating margin9900€68,292€54,025€46,982€44,565€71,539▲ 60.5%
Operating profit (loss)9901€39,423€25,572€16,057€10,292€29,475▲ 186%
Recurring financial income75€1-----
Financial charges65/66B-€6,825€6,906€6,798€7,026▲ 3.3%
Recurring financial charges65€3,561€6,825€6,906€6,798€7,026▲ 3.3%
Profit (loss) for the period before taxes9903€35,862€18,747€9,151€3,494€22,450▲ 543%
Income taxes67/77€7,840€4,250€1,753€1,000€5,204▲ 420%
Profit (loss) for the period9904€28,023€14,497€7,399€2,494€17,246▲ 592%
Profit (loss) for the period to be appropriated9905€28,023€14,497€7,399€2,494€17,246▲ 592%
Line20202021202220232024Change
Assets
Total assets20/58€427,270€836,899€819,630€791,720€827,782▲ 4.6%
Fixed assets21/28€348,425€745,305€763,109€741,599€756,533▲ 2.0%
Tangible fixed assets22/27€348,425€322,874€340,678€319,168€334,101▲ 4.7%
Land and buildings22-€322,874€340,678€319,168€334,101▲ 4.7%
Financial fixed assets28-€422,431€422,431€422,431€422,431=
Current assets29/58€78,846€91,593€56,520€50,121€71,249▲ 42.2%
Amounts receivable within one year40/41€76,149€91,593€56,385€44,000€70,750▲ 60.8%
Trade receivables40-€79,395€56,385€44,000€70,750▲ 60.8%
Other amounts receivable41-€12,198----
Cash at bank and in hand54/58€2,697-€135€1,871€499▼ 73.3%
Deferred charges and accrued income490/1---€4,250--
Equity and liabilities
Total equity and liabilities10/49€427,270€836,899€819,630€791,720€827,782▲ 4.6%
Equity10/15€354,410€368,907€376,306€378,799€396,045▲ 4.6%
Contributions10/11-€7,000€7,000€7,000€7,000=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1-€1,860€1,860---
Other1319-€1,860€1,860---
Distributable reserves133---€1,860€1,860=
Profit (loss) carried forward14€345,550€360,047€367,446€369,939€387,185▲ 4.7%
Amounts payable17/49€72,860€467,992€443,324€412,921€431,736▲ 4.6%
Amounts payable after more than one year17-€349,058€342,351€297,328€251,677▼ 15.4%
Financial debts170/4-€349,058€342,351€297,328€251,677▼ 15.4%
Amounts payable within one year42/48€72,860€118,933€100,972€115,593€180,059▲ 55.8%
Current portion of amounts payable after more than one year42-€40,239€44,405€45,024€45,651▲ 1.4%
Financial debts43-€3,306----
Credit institutions430/8-€3,306----
Trade debts44€546€3,062€10,386€2,740€7,429▲ 171%
Suppliers440/4-€3,062€10,386€2,740€7,429▲ 171%
Taxes, remuneration and social security45-€28,722€20,222€15,473€32,371▲ 109%
Taxes450/3-€28,722€20,222€15,473€32,371▲ 109%
Other amounts payable47/48-€43,603€25,960€52,357€94,609▲ 80.7%
Line20202021202220232024Change
Profit (loss) for the period9904€28,023€14,497€7,399€2,494€17,246▲ 592%
+ Depreciation and write-downs630€25,913€25,550€27,962€30,461€30,461=
Operating cash flow (approximation)€53,935€40,048€35,361€32,954€47,707▲ 44.8%
Investment in fixed assets (approximation)--€422,431-€45,766-€8,951-€45,394▼ 407%
Change in cash---€1,736-€1,372▼ 179%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
31-12
Financial Weakest financial yearnet €2,494 ▼66.3%
Net result drops to €2,494, the lowest in the series; recovery starts the following year.
14-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
16-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 16 days late
2020
02-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
03-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 64 days late
2018
21-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 52 days late
2017
27-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 58 days late
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 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, Oud-Turnhout · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
1,499 m²
Building footprint
274 m²
Volume, LiDAR
1,802 m³
Parcel 13483I0334/00M000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Southfork
Blijkerstraat 5, 2360 Oud-TurnhoutNACE 74131
since 20062.151.928.964
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13483I0334/00M000 Flanders 1,499 m² 1 · 273 m² 9.4 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 holding

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 1

According to the 2024 annual accounts of SOUTHFORK and those 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

Of 5,710 companies in sector 70100 we hold annual accounts for 3,519. 2,278 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
Founded22-11-2005
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
74991Agents and managers of artists, athletes and other public figures
E-invoicing
Reachable via Peppol
Peppol ID 0208:0877403996
Also 9925:BE0877403996
Registered 21-11-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.