SOCOMAT
ActiveSummary
For SOCOMAT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €166k and a net result of €25k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 85% of 33677 sector peers (fiscal year 2023). The company has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability66▲+1
Solvency100▲+38
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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 2023Solvency, return and age of the figures
Solvency
77.5%
Return on assets
11.6%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-12-2024, 153 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
not confirmed
2024
not filed
2023
153 d late
2022
153 d late
2021
59 d late
2020
81 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€25k▼ 58.6%
2022 · €60k
2018: €38k
2019: €10k
2020: €2k
2021: €-72k
2022: €60k
2018 → 2023
Working capital
€165k▲ 90.4%
2022 · €87k
2018: €85k
2019: €64k
2020: €72k
2021: €7k
2022: €87k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€167k-€176k▲ 5.7%€95k▼ 46.3%€145k▲ 53.8%€166k▲ 14.3%
Operating result€9k-€4k▼ 58.1%€-52k€85k€32k▼ 62.1%
Net result€10k-€2k▼ 83.6%€-72k€60k€25k▼ 58.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 62% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €215k
Fixed assets
€1k ▼ 97.8%
Current assets
€213k ▼ 36.4%
Equity and liabilities €215k
Equity
€166k ▲ 14.3%
Debt
€48k ▼ 80.6%
Debt's share of the balance-sheet total falls from 63.1% to 22.5%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
4.42▲
2022 · 1.35
Debt to equity
0.29▼
2022 · 1.71
ROE
14.9%▼
2022 · 41.3%
ROA
11.6%▼
2022 · 15.2%
Debt ≤ 1 year
€48k▼
2022 · €249k
Income taxes
€4k▲
2022 · €404
Staff costs
€65k▼
2022 · €260k
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 · 2023 against 2022 · 59 lines
Balance sheet
Code20222023
Assets
Total assets20/58€394k€215k▼
Fixed assets21/28€59k€1k▼
Tangible fixed assets22/27€58k€0▼
Land and buildings22€0€0=
Plant, machinery and equipment23€17k€0▼
Furniture and vehicles24€10k€0▼
Leasing and similar rights25€31k€0▼
Financial fixed assets28€1k€1k=
Current assets29/58€335k€213k▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€322k€165k▼
Trade receivables40€322k€145k▼
Other amounts receivable41€403€20k▲
Cash at bank and in hand54/58€8k€46k▲
Deferred charges and accrued income490/1€5k€2k▼
Equity and liabilities
Total equity and liabilities10/49€394k€215k▼
Equity10/15€145k€166k▲
Contributions10/11€19k€19k=
Reserves13€49k€29k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€30k€10k▼
Distributable reserves133€17k€17k=
Profit (loss) carried forward14€70k€115k▲
Investment grants15€8k€4k▼
Amounts payable17/49€249k€48k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€249k€48k▼
Current portion of amounts payable after more than one year42€34k€0▼
Financial debts43€35k€0▼
Credit institutions430/8€35k€0▼
Trade debts44€166k€32k▼
Suppliers440/4€166k€32k▼
Taxes, remuneration and social security45€14k€16k▲
Taxes450/3€7k€15k▲
Remuneration and social security454/9€8k€2k▼
Other amounts payable47/48€0€0=
Accrued charges and deferred income492/3-€0
Income statement
Code20222023
Non-recurring operating income76A€250k€215k▼
Remuneration, social security and pensions62€260k€65k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k-
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€359€502▲
Gross operating margin9900€373k€100k▼
Operating profit (loss)9901€85k€32k▼
Financial income75/76B€9k€4k▼
Recurring financial income75€9k€4k▼
Financial charges65/66B€34k€7k▼
Recurring financial charges65€34k€7k▼
Profit (loss) for the period before taxes9903€60k€29k▼
Income taxes67/77€404€4k▲
Profit (loss) for the period9904€60k€25k▼
Transfer from tax-exempt reserves789-€20k
Profit (loss) for the period to be appropriated9905€60k€45k▼
Appropriation of the result
Profit (loss) to be appropriated9906€70k€115k▲
Profit (loss) brought forward from the previous period14P€10k€70k▲
Social balance
Average headcount (FTE)90876.1-
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 4.42
Current ratio from 1.35 to 4.42; short-term debt falls from €249k to €48k.
31-12
Financial
Equity above €150kEq €166k ▲14.3%
2 profitable years in a row build equity to €166k.
31-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 153 days late
2022
31-12
Financial
Back to profitnet €60k
Net result €60k after one loss-making year.
31-12
Financial
Equity above €100kEq €145k ▲53.8%
Equity rises from €95k to €145k.
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 59 days late
2021
31-12
Financial
Weakest financial yearnet €-72k ▼4588%
Net result drops to €-72k, the lowest in the series; recovery starts the following year.
20-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 81 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 122 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 61 days late
Show earlier events
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
2016
02-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 94 days late
2015
06-10
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 67 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Genappe · 1 establishment unit since 1979
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 Croisette 31470 GenappeGround area
1,218 m²
Building footprint
111 m²
Volume, LiDAR
818 m³
Parcel 25003F0348/00K000, Wallonia · tallest building 8.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Croisette 3, 1470 Genappe
since 19792.016.022.957
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25003F0348/00K000 | Wallonia | 1,218 m² | 1 · 111 m² | 8.7 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.
Similar companies · same sector, comparable size
G.J.F.
BE 0847.200.473
Nieuwerkerken (Limb.) · Eq €166,466
BERIOT & FILS
BE 0657.874.982
Hensies · Eq €166,135
Steven Verrykt
BE 1026.903.762
Zoersel · Eq €166,613
MULTISOLS
BE 0742.795.019
Bastogne · Eq €166,634
MTV SERVICES
BE 0876.577.419
Gerpinnes · Eq €166,642
Of 8,455 companies in sector 43120 we hold annual accounts for 3,233. 2,638 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)
Founded20-03-1979
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
43110Demolition
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 44 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.