SodiGent
ActiveSummary
SodiGent has been active since 1973 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.08M and a net result of €-125k. Equity remains stable across the filed fiscal years (±0.3% per year). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability25=
Solvency100=
Growth42▼-1
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 6.61 against 7.2 in 2023; short-term debt: 15.1% and cash: 88.3% of total assets), and 17.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
82.5%
Return on assets
-5%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-125k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
30 d early
2022
33 d early
2021
32 d early
2020
38 d early
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Turnover
€708k▼ 9.4%
2023 · €782k
2018: €912k
2019: €943k▲ +3.4% vs 2018
2020: €1.32M▲ +40.2% vs 2019highest in 7 years
2021: €780k▼ -41.0% vs 2020
2022: €848k▲ +8.7% vs 2021
2023: €782k▼ -7.9% vs 2022
2024: €708k▼ -9.4% vs 2023lowest in 7 years
2018 → 2024
EBIT margin
-20.4%▼ 1.8pp
2023 · -18.5%
2018: 23.4%highest in 7 years
2019: 17.8%▼ -23.8% vs 2018
2020: 13.3%▼ -25.5% vs 2019
2021: 3.0%▼ -77.5% vs 2020
2022: -5.0%▼ -267% vs 2021
2023: -18.5%▼ -271% vs 2022
2024: -20.4%▼ -9.9% vs 2023lowest in 7 years
2018 → 2024
Net result
€-125k▲ 4.2%
2023 · €-131k
2018: €214khighest in 7 years
2019: €168k▼ -21.4% vs 2018
2020: €176k▲ +4.4% vs 2019
2021: €24k▼ -86.5% vs 2020
2022: €-42k▼ -279% vs 2021
2023: €-131k▼ -209% vs 2022lowest in 7 years
2024: €-125k▲ +4.2% vs 2023
2018 → 2024
Working capital
€2.14M▼ 4.5%
2023 · €2.24M
2018: €2.03Mlowest in 7 years
2019: €2.19M▲ +8.4% vs 2018
2020: €2.38M▲ +8.4% vs 2019
2021: €2.40M▲ +0.9% vs 2020highest in 7 years
2022: €2.37M▼ -1.4% vs 2021
2023: €2.24M▼ -5.4% vs 2022
2024: €2.14M▼ -4.5% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€1.32M-€780k▼ 41.0%€848k▲ 8.7%€782k▼ 7.9%€708k▼ 9.4%
2020: €1.32Mhighest in 5 years
2021: €780k▼ -41.0% vs 2020
2022: €848k▲ +8.7% vs 2021
2023: €782k▼ -7.9% vs 2022
2024: €708k▼ -9.4% vs 2023lowest in 5 years
Equity€2.35M-€2.38M▲ 1.0%€2.33M▼ 1.8%€2.20M▼ 5.6%€2.08M▼ 5.7%
2020: €2.35M
2021: €2.38M▲ +1.0% vs 2020highest in 5 years
2022: €2.33M▼ -1.8% vs 2021
2023: €2.20M▼ -5.6% vs 2022
2024: €2.08M▼ -5.7% vs 2023lowest in 5 years
Operating result€175k-€23k▼ 86.7%€-42k€-145k▼ 242%€-144k▲ 0.3%
2020: €175khighest in 5 years
2021: €23k▼ -86.7% vs 2020
2022: €-42k▼ -282% vs 2021
2023: €-145k▼ -242% vs 2022lowest in 5 years
2024: €-144k▲ +0.3% vs 2023
Net result€176k-€24k▼ 86.5%€-42k€-131k▼ 209%€-125k▲ 4.2%
2020: €176khighest in 5 years
2021: €24k▼ -86.5% vs 2020
2022: €-42k▼ -279% vs 2021
2023: €-131k▼ -209% vs 2022lowest in 5 years
2024: €-125k▲ +4.2% vs 2023
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €144k in 2024 against €145k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €2.52M
Equity
€2.08M ▼ 5.7%
Debt
€442k ▲ 11.3%
Debt's share of the balance-sheet total rises from 15.3% to 17.5%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
6.61▼
2023 · 7.20
Quick ratio
6.60▼
2023 · 7.19
Debt to equity
0.21▲
2023 · 0.18
ROE
-6.0%▼
2023 · -5.9%
ROA
-5.0%▲
2023 · -5.0%
Debt ≤ 1 year
€381k▲
2023 · €361k
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 · 36 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.60M€2.52M▼
Current assets29/58€2.60M€2.52M▼
Stocks and contracts in progress3€4k€2k▼
Stocks30/36€4k€2k▼
Amounts receivable within one year40/41€255k€256k▲
Trade receivables40€255k€256k▲
Cash at bank and in hand54/58€2.30M€2.22M▼
Deferred charges and accrued income490/1€38k€38k▲
Equity and liabilities
Total equity and liabilities10/49€2.60M€2.52M▼
Equity10/15€2.20M€2.08M▼
Contributions10/11€3k€3k=
Capital10€3k€3k=
Reserves13€240k€120k▼
Profit (loss) carried forward14€1.96M€1.96M▼
Amounts payable17/49€397k€442k▲
Amounts payable within one year42/48€361k€381k▲
Trade debts44€361k€381k▲
Suppliers440/4€361k€381k▲
Accrued charges and deferred income492/3€36k€60k▲
Income statement
Code20232024
Turnover70€782k€708k▼
Non-recurring operating income76A-€14k
Goods, raw materials, services and sundry goods60/61€1.52M€1.42M▼
Other operating charges640/8€21k€20k▼
Non-recurring operating charges66A-€15k
Gross operating margin9900€-124k€-110k▲
Operating profit (loss)9901€-145k€-144k▲
Financial income75/76B€14k€19k▲
Recurring financial income75€14k€19k▲
Financial charges65/66B€220€221▲
Recurring financial charges65€220€221▲
Profit (loss) for the period before taxes9903€-131k€-125k▲
Profit (loss) for the period9904€-131k€-125k▲
Profit (loss) for the period to be appropriated9905€-131k€-125k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.84M€1.84M▼
Profit (loss) brought forward from the previous period14P€1.97M€1.96M▼
From contributions791€120k€120k=
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €1.32M | €780k | €848k | €782k | €708k | ▼ 9.4% |
| Non-recurring operating income76A | - | - | - | - | €14k | - |
| Goods, raw materials, services and sundry goods60/61 | - | €1.29M | €1.47M | €1.52M | €1.42M | ▼ 6.8% |
| Other operating charges640/8 | - | €9k | €15k | €21k | €20k | ▼ 5.8% |
| Non-recurring operating charges66A | - | - | - | - | €15k | - |
| Gross operating margin9900 | €186k | €33k | €-28k | €-124k | €-110k | ▲ 11.2% |
| Operating profit (loss)9901 | €175k | €23k | €-42k | €-145k | €-144k | ▲ 0.3% |
| Financial income75/76B | - | €421 | €279 | €14k | €19k | ▲ 35.5% |
| Recurring financial income75 | €455 | €421 | €279 | €14k | €19k | ▲ 35.5% |
| Financial charges65/66B | - | €68 | €244 | €220 | €221 | ▲ 0.5% |
| Recurring financial charges65 | €107 | €68 | €244 | €220 | €221 | ▲ 0.5% |
| Profit (loss) for the period before taxes9903 | €176k | €24k | €-42k | €-131k | €-125k | ▲ 4.2% |
| Profit (loss) for the period9904 | €176k | €24k | €-42k | €-131k | €-125k | ▲ 4.2% |
| Profit (loss) for the period to be appropriated9905 | €176k | €24k | €-42k | €-131k | €-125k | ▲ 4.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.60M | €2.68M | €2.74M | €2.60M | €2.52M | ▼ 3.1% |
| Current assets29/58 | €2.60M | €2.68M | €2.74M | €2.60M | €2.52M | ▼ 3.1% |
| Stocks and contracts in progress3 | €21k | €21k | €20k | €4k | €2k | ▼ 39.4% |
| Stocks30/36 | - | €21k | €20k | €4k | €2k | ▼ 39.4% |
| Amounts receivable within one year40/41 | €64k | €124k | €199k | €255k | €256k | ▲ 0.5% |
| Trade receivables40 | - | €124k | €199k | €255k | €256k | ▲ 0.5% |
| Other amounts receivable41 | - | €0 | - | - | - | - |
| Cash at bank and in hand54/58 | €2.50M | €2.51M | €2.50M | €2.30M | €2.22M | ▼ 3.5% |
| Deferred charges and accrued income490/1 | - | €20k | €22k | €38k | €38k | ▲ 0.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.60M | €2.68M | €2.74M | €2.60M | €2.52M | ▼ 3.1% |
| Equity10/15 | €2.35M | €2.38M | €2.33M | €2.20M | €2.08M | ▼ 5.7% |
| Contributions10/11 | - | - | €3k | €3k | €3k | = |
| Capital10 | - | - | €3k | €3k | €3k | = |
| Reserves13 | - | €480k | €360k | €240k | €120k | ▼ 50.0% |
| Profit (loss) carried forward14 | €1.75M | €1.89M | €1.97M | €1.96M | €1.96M | ▼ 0.3% |
| Amounts payable17/49 | €249k | €301k | €405k | €397k | €442k | ▲ 11.3% |
| Amounts payable within one year42/48 | €223k | €278k | €372k | €361k | €381k | ▲ 5.6% |
| Trade debts44 | €223k | €276k | €372k | €361k | €381k | ▲ 5.6% |
| Suppliers440/4 | - | €276k | €372k | €361k | €381k | ▲ 5.6% |
| Accrued charges and deferred income492/3 | - | €23k | €33k | €36k | €60k | ▲ 68.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €176k | €24k | €-42k | €-131k | €-125k | ▲ 4.2% |
| Operating cash flow (approximation) | €176k | €24k | €-42k | €-131k | €-125k | ▲ 4.2% |
| Change in cash | - | €12k | €-13k | €-194k | €-81k | ▲ 58.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-131k
Net result drops to €-131k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2014
24-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts
We know of 15 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
15 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, Gent
Ground area
4,135 m²
Building footprint
3,482 m²
Parcel 44803C0410/00F000, Flanders. Linked by address, not a title deed.
20
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44803C0410/00F000 | Flanders | 4,135 m² | 1 · 3,482 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Identification & contact
Identification
Legal formNon-profit association
Founded20-12-1973
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.