'T SOETE HEEM
Active'T SOETE HEEM has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47k and a net result of €-25k. Equity is shrinking by ~28.7% per year across the filed fiscal years. Its solvency ranks better than 15% of 7740 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▲+20
Solvency29▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.04 against 0.03 in 2024; short-term debt: 51.5% and cash: 0.5% of total assets), and 96% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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 · 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
4%
Return on assets
-2.1%
Age of the figures
18 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-25k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 7740 sector peers (2025).
NBB · sector comparisonPosition among 7740 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-09-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
34 d early
2024
31 d early
2023
22 d early
2022
33 d early
2021
17 d early
2020
29 d early
2019
29 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close22-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€47k▼ 34.7%
2024 · €73k
2019: €359k
2020: €311k
2021: €225k
2022: €158k
2023: €116k
2024: €73k
2019 → 2025
Total assets
€1.19M▼ 4.6%
2024 · €1.25M
2019: €656k
2020: €678k
2021: €738k
2022: €1.28M
2023: €1.29M
2024: €1.25M
2019 → 2025
Net result
€-25k▲ 41.6%
2024 · €-43k
2019: €-13k
2020: €-48k
2021: €-85k
2022: €-67k
2023: €-42k
2024: €-43k
2019 → 2025
Working capital
€-589k▼ 1.0%
2024 · €-583k
2019: €-171k
2020: €-209k
2021: €-240k
2022: €-432k
2023: €-539k
2024: €-583k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€225k-€158k▼ 29.9%€116k▼ 26.7%€73k▼ 37.3%€47k▼ 34.7%
Operating result€-76k-€-54k▲ 28.0%€-30k▲ 44.1%€-31k▼ 3.1%€-15k▲ 50.7%
Net result€-85k-€-67k▲ 20.8%€-42k▲ 37.4%€-43k▼ 2.1%€-25k▲ 41.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €15k in 2025 against €31k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.19M
Fixed assets
€1.17M▼ 5.1%
Current assets
€24k▲ 31.9%
Equity and liabilities €1.19M
Equity
€47k▼ 34.7%
Debt
€1.14M▼ 2.7%
The debt ratio rises from 94.2% to 96.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€48k▲
2024 · €32k
Cash flow
€38k▲
2024 · €20k
Solvency
4.0%▼
2024 · 5.8%
Current ratio
0.04▲
2024 · 0.03
Quick ratio
0.04▲
2024 · 0.03
Debt / equity
24.08▲
2024 · 16.17
ROE
-53.1%▲
2024 · -59.4%
ROA
-2.1%▲
2024 · -3.5%
Interest coverage
5.06▲
2024 · 2.79
Debt
€1.14M▼
2024 · €1.17M
Debt ≤ 1 year
€613k▲
2024 · €601k
Debt > 1 year
€523k▼
2024 · €565k
Income taxes
€322▼
2024 · €331
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€1.25M€1.19M▼
Fixed assets21/28€1.23M€1.17M▼
Tangible fixed assets22/27€1.22M€1.16M▼
Land and buildings22€1.22M€1.16M▼
Financial fixed assets28€5k€5k=
Current assets29/58€18k€24k▲
Amounts receivable within one year40/41€12k€17k▲
Trade receivables40€12k€17k▲
Other amounts receivable41-€78
Cash at bank and in hand54/58€3k€6k▲
Deferred charges and accrued income490/1€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€1.25M€1.19M▼
Equity10/15€73k€47k▼
Contributions10/11€363k€363k=
Reserves13€7k€7k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€5k€5k=
Profit (loss) carried forward14€-297k€-322k▼
Amounts payable17/49€1.17M€1.14M▼
Amounts payable after more than one year17€565k€523k▼
Financial debts170/4€558k€516k▼
Other amounts payable178/9€7k€7k=
Amounts payable within one year42/48€601k€613k▲
Current portion of amounts payable after more than one year42€48k€42k▼
Trade debts44€3k€7k▲
Suppliers440/4€3k€7k▲
Taxes, remuneration and social security45€4k€6k▲
Taxes450/3€4k€6k▲
Other amounts payable47/48€546k€558k▲
Accrued charges and deferred income492/3€9k€7k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63k€63k▼
Other operating charges640/8€10k€8k▼
Gross operating margin9900€42k€56k▲
Operating profit (loss)9901€-31k€-15k▲
Financial charges65/66B€11k€9k▼
Recurring financial charges65€11k€9k▼
Profit (loss) for the period before taxes9903€-43k€-25k▲
Income taxes67/77€331€322▼
Profit (loss) for the period9904€-43k€-25k▲
Profit (loss) for the period to be appropriated9905€-43k€-25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-297k€-322k▼
Profit (loss) brought forward from the previous period14P€-254k€-297k▼
The notes to these accounts (6 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
2025
27-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Weakest financial yearnet €-85k
Net result drops to €-85k, the lowest in the series; recovery starts the following year.
2020
02-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
15-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
23-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
30-09
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.
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, Izegem · 1 establishment unit since 2000
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.
Sasstraat 108870 IzegemGround area
636 m²
Building footprint
115 m²
Volume, LiDAR
967 m³
Parcel 36494E1465/00F000, Flanders · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
'T SOETE HEEM
since 20002.097.439.809
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36494E1465/00F000 | Flanders | 636 m² | 1 · 115 m² | 12.8 m · 3 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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''DIPENCO''
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BURO-B
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Of 11,225 companies in sector 82100 we hold annual accounts for 3,511. 2,533 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-04-2000
Fiscal year end31-03
Activities, NACEBEL
52442
82100Office administrative and support services
82110Office administrative, office support and other business support activities
47551Retail sale of household furniture
47552Retail sale of lighting equipment
47591Retail trade
47592Retail trade
47791Retail sale of antiques
47792Retail sale of second-hand clothing
52441
52502
52740
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.