Checked.be
Active
BE 0453.791.734Private limited company
SODIPARTS
Chaussée de Philippeville,Mar. 114 ·5660 Couvin, Belgium· 31 yrs active
Sector: Wholesale of motor vehicle parts and accessories
(46720)
Conclusion
SODIPARTS has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €317k and a net result of €5k. Equity is shrinking by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 43% of 7728 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €317k |
| Net result | €5k |
| Staff (FTE) | 4.5 |
| Better than sector | 43% |
Financial profile
56
/ 100
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
77
Profitability
8
Solvency
65
Growth
32
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1994, 31 years in business.
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.
Checked score
77
/ 100
Excellent
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.
Indicative credit limit
€24k
estimate, not credit advice
Score history
69
2021
35
2022
56
2023
50
2024
77
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 1.31 (≥ 1.0)
+5
Leverage
Debt/equity 1.67 (< 2.0)
+3
Profitability
ROE 2%
+3
Interest coverage
Interest coverage 4.4× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 24-07-2026 with the NBB · fiscal year 2025 · abbreviated schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
Equity: declining trend of ~4.8%/year over 5 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 46, Wholesale trade · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 37.4% | 44.7% | |
| Net result | €5k | €31k | |
| Equity | €317k | €398k | |
| Gross operating margin | €372k | €211k | |
| Staff costs | €290k | €189k |
€77k
+49.4%
21-25
€5k
-
21-25
€57k
+117.8%
21-25
€846k
-14.3%
21-25
€317k
+1.5%
21-25
€146k
+11.3%
21-25
5
0.0%
21-25
€290k
+3.6%
21-25
€4k
-70.0%
21-25
€13k
-60.3%
21-25
€529k
-21.6%
21-25
€467k
-21.8%
21-25
€62k
-20.3%
21-25
1.31
+7.6%
21-25
0.69
+10.4%
21-25
37.4%
+18.5%
21-25
1.67
-22.8%
21-25
1.6%
-
21-25
0.6%
-
21-25
4.43
+37.8%
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | full schema | full schema | full schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €77k | €51k | €33k | €-29k | €105k |
| Net profit | €5k | €-20k | €-1k | €-61k | €40k |
| Cash flow | €57k | €26k | €40k | €-34k | €64k |
| Staff costs | €290k | €280k | €238k | €213k | €207k |
| Income taxes | €4k | €13k | €-19k | €259 | €38k |
| Dividends | - | - | - | €13k | €34k |
| Total assets | €846k | €988k | €957k | €917k | €874k |
| Equity | €317k | €312k | €333k | €334k | €410k |
| Debt | €529k | €675k | €624k | €582k | €463k |
| of which ≤ 1y | €467k | €597k | €549k | €480k | €461k |
| of which > 1y | €62k | €78k | €74k | €102k | €2k |
| Working capital | €146k | €131k | €155k | €153k | €227k |
| Employees (FTE) | 4.5 | 4.5 | 4.3 | 4.5 | - |
Note: these years are not on the same basis. The filed schemas differ (abbreviated schema, full schema, micro schema), so the columns are not directly comparable.
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.31 | 1.22 | 1.28 | 1.32 | 1.49 |
| Quick ratio | 0.69 | 0.62 | 0.74 | 0.73 | 0.83 |
| Working capital ratio | 17.2% | 13.3% | 16.2% | 16.7% | 25.9% |
| Solvency | 37.4% | 31.6% | 34.8% | 36.5% | 46.9% |
| Debt / equity | 1.67 | 2.16 | 1.87 | 1.74 | 1.13 |
| Long-term debt ratio | 0.20 | 0.25 | 0.22 | 0.30 | 0.00 |
| Interest coverage | 4.43 | 3.22 | 2.57 | -6.86 | 23.56 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 0.6% | -2.0% | -0.1% | -6.7% | 4.6% |
| ROE | 1.6% | -6.5% | -0.4% | -18.4% | 9.7% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (27 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €846k | €988k | €957k | €917k | €874k |
| Fixed assets | 21/28 | €233k | €259k | €253k | €284k | €186k |
| Tangible fixed assets | 22/27 | €233k | €259k | €253k | €284k | €186k |
| Financial fixed assets | 28 | - | - | - | - | €465 |
| Current assets | 29/58 | €613k | €728k | €704k | €633k | €688k |
| Stocks & contracts in progress | 3 | €293k | €358k | €300k | €281k | €303k |
| Amounts receivable within one year | 40/41 | €295k | €232k | €369k | €303k | €265k |
| Investments | 50/53 | €1k | €1k | €890 | €10k | €27k |
| Cash & bank | 54/58 | €24k | €136k | €34k | €40k | €93k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €846k | €988k | €957k | €917k | €874k |
| Equity | 10/15 | €317k | €312k | €333k | €334k | €410k |
| Contributions / capital | 10/11 | €25k | €25k | €25k | €25k | €25k |
| Reserves | 13 | €192k | €192k | €178k | €220k | €205k |
| Accumulated profits (losses) | 14 | €-18k | €-23k | €-3k | €-58k | €17k |
| Provisions & deferred taxes | 16 | €548 | €669 | €791 | €913 | €1k |
| Amounts payable | 17/49 | €529k | €675k | €624k | €582k | €463k |
| Amounts payable after one year | 17 | €62k | €78k | €74k | €102k | €2k |
| Amounts payable within one year | 42/48 | €467k | €597k | €549k | €480k | €461k |
| Trade debts payable within one year | 44 | €237k | €330k | €378k | €345k | €357k |
| Income statement | ||||||
| Gross operating margin | 9900 | €372k | €336k | €277k | €192k | €315k |
| Operating result | 9901 | €25k | €5k | €-8k | €-57k | €81k |
| Financial income | 75 | €2k | €4k | €613 | €552 | €1k |
| Financial charges | 65 | €17k | €16k | €13k | €4k | €4k |
| Result before taxes | 9903 | €9k | €-7k | €-20k | €-61k | €78k |
| Income taxes | 67/77 | €4k | €13k | €-19k | €259 | €38k |
| Net result for the period | 9904 | €5k | €-20k | €-1k | €-61k | €40k |
| Result to be appropriated | 9905 | €5k | €-20k | €55k | €-61k | €40k |
Legal Structure
| NACE primary | Wholesale of motor vehicle parts and accessories(46720) |
| Legal form | Private limited company(610) |
| Incorporation | 15-11-1994 |
| Status | Active |
| Postal code | 5660 |
Establishment units
Chaussée de Philippeville,Mar. 114, 5660 Couvin
since 19942.069.436.305
Real-estate footprint
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93039B0048/00M000 | Wallonia | 2,830 m² | 1 · 642 m² | - |
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.
Updates
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €5k
Net result €5k after 3 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 23 days late
2023
04-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 35 days late
2022
31-12
Financial
Weakest financial yearnet €-61k ▼254%
Net result drops to €-61k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
03-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 215 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 53 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
45310Wholesale of motor vehicle parts and accessories4672050301Manufacture of motor vehicles, trailers and semi-trailers29201Retail sale of motor vehicle parts and accessories4782050302
Names & trade names
| Legal nameFR | SODIPARTS |
Similar companies
BANDEN SERVICE HERMAN
BE 0421.329.396 · Olen
AUTO PIECES DUBAIL
BE 0739.987.066 · Fernelmont
C-Parts
BE 0801.877.422 · Herentals
TRUCK & TRAILER INDUSTRY
BE 0415.964.803 · Poperinge
Kohadidi
BE 0448.143.463 · Malle