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SOCADE

Active
Rue de l' Yser(TR) 2 ·6183 Courcelles, Belgium
KBO/BCE: BE 1007.083.791
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age2 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of SOCADE is 0.5% (low). The 2024 annual accounts show equity of €48k and a net result of €44k. Its solvency ranks better than 50% of 12463 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Filing behaviour

From the deposit records, complete market-wide
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-08-2025, 18 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.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2024 31-07-2025 18-08-2025 18 d late 2025-00381407

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.5% Low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector Young company +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€105k
EBIT margin57.6%
Net result€44k
Working capital€46k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 18-08-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 70, Head offices & management consulting · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 60.6% 60.6%
better than 50% of 12463 sector peers
Net result €44k €31k
better than 61% of 12465 sector peers
Equity €48k €63k
better than 42% of 12471 sector peers
Gross operating margin €66k €52k
better than 59% of 12451 sector peers
Total assets €79k €124k
better than 33% of 12464 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositmicro
Revenue€105k
EBITDA€65k
Net profit€44k
Cash flow€48k
Staff costs-
Income taxes-
Dividends-
Total assets€79k
Equity€48k
Debt€31k
of which ≤ 1y€21k
of which > 1y€11k
Working capital€46k
Employees (FTE)-
Ratios (computed)
2024
Current ratio3.22
Quick ratio3.22
Working capital ratio57.8%
Solvency60.6%
Debt / equity0.65
Long-term debt ratio0.22
Interest coverage130.44
Gross margin62.5%
Net margin41.8%
ROA55.5%
ROE91.7%
EBITDA margin61.6%
Days sales outstanding20d
Days payable outstanding8d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€79k
Fixed assets 21/28€13k
Tangible fixed assets 22/27€13k
Current assets 29/58€66k
Amounts receivable within one year 40/41€8k
Cash & bank 54/58€58k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€79k
Equity 10/15€48k
Contributions / capital 10/11€4k
Reserves 13€43k
Accumulated profits (losses) 14€967
Amounts payable 17/49€31k
Amounts payable after one year 17€11k
Amounts payable within one year 42/48€21k
Trade debts payable within one year 44€908
Income statement
Turnover 70€105k
Gross operating margin 9900€66k
Operating result 9901€61k
Financial income 75€9
Financial charges 65€496
Result before taxes 9903€44k
Net result for the period 9904€44k
Result to be appropriated 9905€44k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
100 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Rue de l' Yser(TR) 26183 Courcelles

Establishment units

1 location
SOCADE
Rue de l' Yser(TR) 2, 6183 CourcellesOverige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
since 20242.357.300.235
Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health100Profitability100Solvency99Growth-Stability67
92 / 100

Strong profile, led by health.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 100
Profitability 100
Solvency 99
Growth -
Stability 67

Ask AI about this company

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Credit advice

verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Comparable size, same sector

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Overige gespecialiseerde wetenschappelijke en technische activiteiten74909Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg74999Administratieve en ondersteunende activiteiten ten behoeve van kantoren82100Diverse administratieve activiteiten ten behoeve van kantoren82110Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990Beroepsopleiding85592Beroepsopleiding85592
Primary activity highlighted.
Names & trade names
Legal nameFR SOCADE
Registered office
Rue de l' Yser(TR) 2
6183 Courcelles, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.