SOCOPACK · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

SOCOPACK is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2022 annual accounts show equity of €7.39M and a net result of €235k. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

How we compute the deadline

The year end is derived from 4 filed financial years, each closing on 31-12. 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
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	10-07-2025	21 d early	2025-00259143
31-12-2023	31-07-2024	09-09-2024	40 d late	2024-00462592
31-12-2022	31-07-2023	31-08-2023	31 d late	2023-00415991
31-12-2021	31-07-2022	29-09-2022	60 d late	2022-20450560

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

More than 3 years active

Founded in 2020, past the statistically most fragile first 3 years.

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

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Financials

Equity€7.39M+3.3%

Net result€235k-82.6%

Total assets€7.39M+0.5%

Solvency100.0%+2.7pp

CSV export

Annual accounts & ratios

Source: NBB · 2022

Annual accounts filed on 10-07-2025 with the NBB · fiscal year 2024 · verkort

Operating resultNet result

Net profit

€235k

-82.6% 21-22

Total assets

€7.39M

+0.5% 21-22

Equity

€7.39M

+3.3% 21-22

Dividends

€200k

- 21-22

Debt

€200k

- 21-22

Debt ≤ 1y

€200k

- 21-22

Solvency

100.0%

+2.8% 21-22

ROE

3.2%

-83.2% 21-22

ROA

3.2%

-82.7% 21-22

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2022
Deposit	verkort
Revenue	n/a
EBITDA	n/a
Net profit	€235k
Cash flow	n/a
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€7.39M
Equity	€7.39M
Debt	-
of which ≤ 1y	-
of which > 1y	-
Working capital	n/a
Employees (FTE)	-

Ratios (computed)

	2022
Current ratio	n/a
Quick ratio	n/a
Working capital ratio	n/a
Solvency	100.0%
Debt / equity	n/a
Long-term debt ratio	n/a
Interest coverage	n/a
Gross margin	n/a
Net margin	n/a
ROA	3.2%
ROE	3.2%
EBITDA margin	n/a
Days sales outstanding	n/a
Days payable outstanding	n/a
Inventory turnover	n/a
Days inventory (DSI)	n/a

Balance-sheet composition 2022

Assets

Fixed assets €7.00M · 94.7% Current assets €390k · 5.3%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€7.39M
Fixed assets	21/28	€7.00M
Financial fixed assets	28	€7.00M
Current assets	29/58	€390k
Amounts receivable within one year	40/41	€2k
Cash & bank	54/58	€389k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€7.39M
Equity	10/15	€7.39M
Contributions / capital	10/11	€6.00M
Reserves	13	€1.39M
Income statement
Gross operating margin	9900	€-796
Operating result	9901	€-1k
Financial income	75	€238k
Financial charges	65	€714
Result before taxes	9903	€235k
Net result for the period	9904	€235k
Result to be appropriated	9905	€235k

You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2022 · computed

Model not applicable to financial institutions

The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.

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.

Pamelstraat-Oost 4219400 Ninove

Parcels1

Ground area2.2 ha

Buildings1

Building footprint1.4 ha

Volume (LiDAR)81,665 m³

Tallest building12.3 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
41362B0310/00C000	Flanders	2.2 ha	1 · 1.4 ha	12.3 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

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

66 / 100

Strong profile, led by solvency.

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

Health -

Profitability 16

Solvency 100

Growth 52

Stability 94

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