SOWIDEIN
ActiveSummary
The computed 12-month bankruptcy probability of SOWIDEIN is 2.0% (moderate). The 2025 annual accounts show negative equity (€-29k) and a net result of €-378. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 13305 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
31
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability37▲+37
Solvency16▲+14
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.22 against 0.72 in 2024; short-term debt: 108.8% and cash: 0.1% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-8.8%
Return on assets
-0.1%
Age of the figures
15 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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-29k
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-05-2026, 108 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
108 d late
2024
1 d early
2023
2 d late
2022
28 d late
2021
32 d late
2020
6 d early
2019
220 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-29k▼ 1.3%
2024 · €-29k
2019: €-2k
2020: €-5k
2021: €-6k
2022: €1k
2023: €-7k
2024: €-29k
2019 → 2025
Total assets
€332k▲ 170%
2024 · €123k
2019: €67k
2020: €57k
2021: €48k
2022: €113k
2023: €197k
2024: €123k
2019 → 2025
Net result
€-378▲ 98.3%
2024 · €-22k
2019: €-8k
2020: €-3k
2021: €-851
2022: €7k
2023: €-8k
2024: €-22k
2019 → 2025
Working capital
€-283k▼ 562%
2024 · €-43k
2019: €-6k
2020: €-7k
2021: €-6k
2022: €-26k
2023: €-28k
2024: €-43k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-6k-€1k€-7k€-29k▼ 316%€-29k▼ 1.3%
Operating result€-786-€7k€-4k€-22k▼ 469%€-316▲ 98.5%
Net result€-851-€7k€-8k€-22k▼ 175%€-378▲ 98.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €316 in 2025 against €22k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €332k
Fixed assets
€254k ▲ 1,704%
Current assets
€78k ▼ 28.7%
Key figures and ratios
Solvency
-8.8%▲
2024 · -23.3%
Current ratio
0.22▼
2024 · 0.72
Debt to equity
-12.41▼
2024 · -5.28
ROA
-0.1%▲
2024 · -17.7%
Debt
€361k▲
2024 · €152k
Debt ≤ 1 year
€361k▲
2024 · €152k
Income taxes
€43▼
2024 · €171
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€123k€332k▲
Fixed assets21/28€14k€254k▲
Tangible fixed assets22/27€14k€14k=
Furniture and vehicles24€14k€14k=
Financial fixed assets28-€240k
Current assets29/58€109k€78k▼
Amounts receivable within one year40/41€108k€77k▼
Trade receivables40-€1k
Other amounts receivable41€108k€76k▼
Cash at bank and in hand54/58€567€344▼
Deferred charges and accrued income490/1€568-
Equity and liabilities
Total equity and liabilities10/49€123k€332k▲
Equity10/15€-29k€-29k▼
Contributions10/11€6k€6k=
Reserves13€22k€22k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€-57k€-57k▼
Amounts payable17/49€152k€361k▲
Amounts payable within one year42/48€152k€361k▲
Trade debts44€5k€661▼
Suppliers440/4€5k€661▼
Taxes, remuneration and social security45€171-
Taxes450/3€171-
Other amounts payable47/48€147k€360k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k-
Other operating charges640/8€867-
Gross operating margin9900€-14k€-316▲
Operating profit (loss)9901€-22k€-316▲
Financial charges65/66B€53€19▼
Recurring financial charges65€53€19▼
Profit (loss) for the period before taxes9903€-22k€-335▲
Income taxes67/77€171€43▼
Profit (loss) for the period9904€-22k€-378▲
Profit (loss) for the period to be appropriated9905€-22k€-378▲
Appropriation of the result
Profit (loss) to be appropriated9906€-57k€-57k▼
Profit (loss) brought forward from the previous period14P€-35k€-57k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 108 days late
2025
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
02-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
30-06
Financial
Back to profitnet €7k
Net result €7k after 3 loss-making years.
04-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 32 days late
2021
25-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 220 days late
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 153 days late
2018
29-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 118 days late
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Koksijde · 1 establishment unit since 2008
Ground area
282 m²
Building footprint
144 m²
Volume, LiDAR
1,091 m³
Parcel 38502D0110/00K000, Flanders · tallest building 12.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sowidein BVBA
since 20082.173.231.550
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38502D0110/00K000 | Flanders | 282 m² | 1 · 144 m² | 12.9 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.
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MAC FRITES
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BE 0652.697.558
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 1,853 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded14-08-2008
Fiscal year end30-06
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
46190Agents in non-specialised wholesale trade
87302Residential care activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.