Société de Coopération Technique
ActiveSummary
The computed 12-month bankruptcy probability of Société de Coopération Technique is 2.7% (moderate). The 2024 annual accounts show negative equity (€-15k) and a net result of €4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 1763 sector peers (fiscal year 2024). The company has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
38
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability69▲+69
Solvency0=
Growth59▲+15
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.62 against 0.49 in 2023; short-term debt: 135.1% and cash: 19.4% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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 2024Solvency, return and age of the figures
Solvency
-36.9%
Return on assets
10.4%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 1763 sector peers (2024).
NBB · sector comparisonPosition among 1763 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-10-2025, 76 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.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
76 d late
2023
37 d late
2021
3 d late
2020
47 d late
2019
179 d late
2018
138 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€167k▲ 0.9%
2023 · €165k
2018: €101k
2019: €96k
2020: €47k
2021: €89k
2023: €165k
2018 → 2024
EBIT margin
2.7%▲ 16.9pp
2023 · -14.1%
2018: 6.9%
2019: 0.7%
2020: -25.3%
2021: 11.8%
2023: -14.1%
2018 → 2024
Net result
€4k
2023 · €-24k
2018: €4k
2019: €609
2020: €-13k
2021: €9k
2023: €-24k
2018 → 2024
Working capital
€-20k▲ 30.9%
2023 · €-29k
2018: €18k
2019: €6k
2020: €9k
2021: €7k
2023: €-29k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120232024Trend
Turnover€96k-€47k▼ 50.9%€89k▲ 90.6%€165k▲ 84.7%€167k▲ 0.9%
Equity€6k-€-7k€2k€-19k€-15k▲ 21.9%
Operating result€675-€-12k€11k€-23k€5k
Net result€609-€-13k€9k€-24k€4k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €5k after a loss of €23k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €39k
Fixed assets
€6k ▼ 43.7%
Current assets
€33k ▲ 18.4%
Key figures and ratios
EBITDA
€10k▲
2023 · €-19k
Cash flow
€9k▲
2023 · €-20k
Solvency
-36.9%▲
2023 · -47.5%
Current ratio
0.62▲
2023 · 0.49
Quick ratio
0.59▲
2023 · 0.45
Debt to equity
-3.71▼
2023 · -3.11
ROA
10.4%▲
2023 · -61.1%
Interest coverage
20.76▲
2023 · -27.50
Debt
€54k▼
2023 · €58k
Debt ≤ 1 year
€53k▼
2023 · €57k
Debt > 1 year
€702=
2023 · €702
Staff costs
€54k▼
2023 · €69k
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 · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€39k€39k▲
Fixed assets21/28€11k€6k▼
Tangible fixed assets22/27€11k€6k▼
Plant, machinery and equipment23€8k€4k▼
Furniture and vehicles24€4k€3k▼
Current assets29/58€28k€33k▲
Stocks and contracts in progress3€2k€2k▼
Stocks30/36€2k€2k▼
Amounts receivable within one year40/41€23k€22k▼
Trade receivables40€15k€12k▼
Other amounts receivable41€9k€11k▲
Current investments50/53€700€700=
Cash at bank and in hand54/58€1k€8k▲
Deferred charges and accrued income490/1€730€730=
Equity and liabilities
Total equity and liabilities10/49€39k€39k▲
Equity10/15€-19k€-15k▲
Contributions10/11€17k€17k=
Reserves13€3k€3k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€-39k€-35k▲
Amounts payable17/49€58k€54k▼
Amounts payable after more than one year17€702€702=
Financial debts170/4€702€702=
Amounts payable within one year42/48€57k€53k▼
Current portion of amounts payable after more than one year42€17k€10k▼
Financial debts43€55€55=
Credit institutions430/8€55€55=
Trade debts44€33k€30k▼
Suppliers440/4€33k€30k▼
Taxes, remuneration and social security45€7k€13k▲
Taxes450/3€7k€13k▲
Income statement
Code20232024
Turnover70€165k€167k▲
Non-recurring operating income76A€626-
Goods, raw materials, services and sundry goods60/61€113k€102k▼
Remuneration, social security and pensions62€69k€54k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€3k€1k▼
Non-recurring operating charges66A-€63
Gross operating margin9900€53k€65k▲
Operating profit (loss)9901€-23k€5k▲
Financial income75/76B€7€0▼
Recurring financial income75€7€0▼
Financial charges65/66B€697€459▼
Recurring financial charges65€697€459▼
Profit (loss) for the period before taxes9903€-24k€4k▲
Profit (loss) for the period9904€-24k€4k▲
Profit (loss) for the period to be appropriated9905€-24k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-39k€-35k▲
Profit (loss) brought forward from the previous period14P€-15k€-39k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 76 days late
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
06-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 37 days late
2023
31-12
Financial
Weakest financial yearnet €-24k ▼361%
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
2022
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 3 days late
2021
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
16-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 47 days late
26-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 179 days late
2019
16-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 138 days late
2018
25-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 178 days late
2016
21-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
10-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
10-09
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 41 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Elsene · 1 establishment unit since 1976
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.
Waverse Steenweg 1141050 ElseneGround area
86 m²
Building footprint
110 m²
Volume, LiDAR
1,256 m³
Parcel 21009A0873/00M011, Brussels · tallest building 20.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
O SENEGAL
since 19762.013.153.044
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0873/00M011 | Brussels | 85 m² | 1 · 110 m² | 20.7 m · 4 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.
Similar companies · same sector, comparable size
IO
BE 1010.425.838
Heusden-Zolder · Eq €2,070
YARAN
BE 0547.573.314
Pittem · Eq €2,069
VN PROJECTS
BE 0875.093.121
Brecht · Eq €2,066
RESTAURANT FAMILY
BE 1002.675.538
Sint-Genesius-Rode · Eq €2,082
Nico's Grill
BE 0845.691.629
Genk · Eq €2,083
Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 2,860 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)
Founded09-11-1976
Fiscal year end31-12
Abbreviation FR
S.C.T.
Activities, NACEBEL 2025
56111Full-service restaurants
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.