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Sodiwe

Active
Non-profit associationfounded 1973active for 53 yearsVan Benedenlaan 32, 2800 Mechelen, BelgiumKBO/BCE: BE 0413.278.990
Summary

Sodiwe has been active since 1973 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11.0m and a net result of €1.1m. Equity is growing by about 8.8% per year across the filed financial years. Its solvency ranks better than 55% of 375 sector peers (NACE 78, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
SodiweActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Activity
Temporary employment agencies and other provision of personnel
NACE 78200Office administrative and support services NACE 82100
3rd oldest company in Mechelen, Administrative and support services sector4 sites
Size
€9.5mturnover 2025
Staff
61.5 FTE
Equity
€11.0m
Surplus
€1.1m
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Auditor: Moore Audit2025 accounts 35 days early6 of 32 deeds summarised
Why 95lowers riskLegal form: non-profit associationFounded in 1973Liquidity: current ratio 1.26, cash €19.2mSize: turnover €9.5m, 61.5 FTE, total assets €38.9mShow the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 61% of its sector peers (NACE 78, medium-sized)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 53+4
equity 28.3% of total assets
Liquidity 62+2
short-term debt 70.5% · cash 49.4%
Profitability 68+2
return on assets 2.9%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (118 companies, NACE 78, medium-sized)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €900,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.26, compared with 1.19 in 2024, below the usual 1.5; short-term debt: 70.5% and cash: 49.4% of total assets), and 71.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 78, medium-sized): better than 55% on solvency, 71% on liquidity, 57% on profitability and 61% on growth.

The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Founded in 1973
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 1.26, cash €19.2m
NBB · annual accounts
lowers risk · Size: turnover €9.5m, 61.5 FTE, total assets €38.9m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 days early
2024
37 days early
2023
34 days early
2022
46 days early
2021
37 days early
2020
40 days early
2019
35 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 38 days before the deadline; the sector median (NACE 78) for financial year 2024 is 14 days before the deadline, and 30% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointment: Moore, Audit BV (statutory auditor)Permanent representative: STEFAN BOONEN
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Resignation: Vertongen Guy (director)Appointment: De Roover & :partners…

Key points

  • Positive: Among the best 5% on net resultsector median €21,391 · 375 companies €1.1m View
  • Positive: 5 years of growth in a rowturnover 2025: €9.5m 5 years View
  • Positive: Result rose in 2025from €731,406 to €1.1m ▲ 56.7% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • A director leftlatest change 27-01-2026 · 2 in office 1 left View
  • Active since 1973founded 29-05-1973 53 years View

By topic

Financials

Financial year
2025
Turnover
€9.5m
Profit
€1.1m
Solvency
28.3%
Turnover▲ 1.5%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Auditor
Moore Audit
  • WECKHUYSEN Patrik Louis MariaChair
  • Dielens RoelDirector
Go to Board & ownership

Timeline

Events
29
Since
2007
Next accounts
by 31-07-2027
  1. 31-12-2025Highest result from 2018 to 2025
  2. 31-12-2025Equity above €10m
  3. 24-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
4
Legal form
Non-profit association
Activity
Temporary employment agencies and other provision of personnelNACE 78200
Founded
29-05-1973
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
38
Purpose
“Alle of een gedeelte van de formaliteiten te vervullen welke hun worden opgelegd door de…” (deed in Dutch)
Go to Articles of association

Key facts about Sodiwe

What is the company number of Sodiwe?
0413.278.990. In Belgium the VAT number is the company number with BE in front: BE 0413.278.990.
Where is Sodiwe based?
The registered office is at Van Benedenlaan 32, 2800 Mechelen.Company details
What does Sodiwe do?
According to the KBO register, the main activity is temporary employment agencies and other provision of personnel (NACE 78200).
What is the legal form of Sodiwe?
Non-profit association (VZW).
When was Sodiwe founded?
On 29-05-1973.
Is Sodiwe still active?
Yes, Sodiwe is an active enterprise in the KBO register.
How many employees does Sodiwe have?
On average 61.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Sodiwe?
€9.5m in financial year 2025, according to the filed annual accounts.
Is Sodiwe profitable?
In financial year 2025, Sodiwe made a profit of €1.1m.
Where can I find the annual accounts of Sodiwe?
Sodiwe filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Sodiwe due?
By 31-07-2027, for financial year 2026.Timeline

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