Soevan
ActiveSummary
Soevan has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €120k and a net result of €-44k. Equity is growing by ~4.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability34▼-21
Solvency37▼-3
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.17 against 1.37 in 2024; short-term debt: 4.3% and cash: 0.6% of total assets), and 87.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 2025Solvency, return and age of the figures
Solvency
12.1%
Return on assets
-4.4%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-44k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
7 d early
2023
41 d early
2022
112 d early
2021
23 d early
2020
48 d early
2019
24 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€120k▼ 26.8%
2024 · €164k
2019: €125k
2020: €138k
2021: €165k
2022: €174k
2023: €179k
2024: €164k
2019 → 2025
Total assets
€994k▼ 6.8%
2024 · €1.07M
2019: €1.20M
2020: €1.18M
2021: €1.15M
2022: €1.15M
2023: €1.10M
2024: €1.07M
2019 → 2025
Net result
€-44k▼ 202%
2024 · €-15k
2019: €5k
2020: €14k
2021: €26k
2022: €9k
2023: €5k
2024: €-15k
2019 → 2025
Working capital
€7k▼ 57.1%
2024 · €17k
2019: €-149k
2020: €-16k
2021: €52k
2022: €23k
2023: €-4k
2024: €17k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€165k-€174k▲ 5.4%€179k▲ 3.0%€164k▼ 8.1%€120k▼ 26.8%
Operating result€41k-€17k▼ 59.5%€13k▼ 23.7%€-1k€-33k▼ 2,160%
Net result€26k-€9k▼ 66.2%€5k▼ 41.4%€-15k€-44k▼ 202%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €33k in 2025 against €1k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €994k
Fixed assets
€944k ▼ 6.0%
Current assets
€50k ▼ 18.3%
Equity and liabilities €994k
Equity
€120k ▼ 26.8%
Debt
€874k ▼ 3.1%
Debt's share of the balance-sheet total rises from 84.6% to 87.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€28k▼
2024 · €59k
Cash flow
€17k▼
2024 · €46k
Current ratio
1.17▼
2024 · 1.37
Debt to equity
7.27▲
2024 · 5.49
ROE
-36.6%▼
2024 · -8.9%
ROA
-4.4%▼
2024 · -1.4%
Interest coverage
2.48▼
2024 · 4.52
Debt ≤ 1 year
€43k▼
2024 · €45k
Debt > 1 year
€830k▼
2024 · €855k
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 · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.07M€994k▼
Fixed assets21/28€1.00M€944k▼
Tangible fixed assets22/27€1.00M€944k▼
Land and buildings22€267k€262k▼
Other tangible fixed assets26€738k€682k▼
Financial fixed assets28€400€400=
Current assets29/58€62k€50k▼
Amounts receivable within one year40/41€43k€44k▲
Trade receivables40€43k€43k▼
Other amounts receivable41€26€999▲
Cash at bank and in hand54/58€17k€6k▼
Deferred charges and accrued income490/1€1k€552▼
Equity and liabilities
Total equity and liabilities10/49€1.07M€994k▼
Equity10/15€164k€120k▼
Contributions10/11€19k€19k=
Reserves13€160k€102k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€160k€102k▼
Profit (loss) carried forward14€-14k€0▲
Amounts payable17/49€902k€874k▼
Amounts payable after more than one year17€855k€830k▼
Financial debts170/4€237k€217k▼
Other amounts payable178/9€618k€613k▼
Amounts payable within one year42/48€45k€43k▼
Current portion of amounts payable after more than one year42€20k€20k=
Financial debts43€0€2k▲
Credit institutions430/8€0€2k▲
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€8k€7k▼
Taxes450/3€8k€7k▼
Other amounts payable47/48€13k€11k▼
Accrued charges and deferred income492/3€3k€1k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€61k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€62k€30k▼
Operating profit (loss)9901€-1k€-33k▼
Financial charges65/66B€13k€11k▼
Recurring financial charges65€13k€11k▼
Profit (loss) for the period before taxes9903€-15k€-44k▼
Income taxes67/77€0-
Profit (loss) for the period9904€-15k€-44k▼
Profit (loss) for the period to be appropriated9905€-15k€-44k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€-58k▼
Profit (loss) brought forward from the previous period14P€367€-14k▼
Transfer from equity791/2-€58k
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €-44k
Net result drops to €-44k, the lowest in the series.
24-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
11-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
08-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Highest result since 2019net €26k ▲94.5%
Operating result €41k, net result €26k, both a record.
30-06
Financial
Liquidity triplescurrent ratio 2.00
Current ratio from 0.79 to 2.00; short-term debt falls from €78k to €52k.
30-06
Financial
Equity above €150kEq €165k ▲19.1%
3 profitable years in a row build equity to €165k.
2020
14-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
07-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
11-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ieper · 1 establishment unit since 2010
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.
Langemarkseweg 10 C8904 IeperGround area
622 m²
Building footprint
132 m²
Parcel 33003B0815/00S000, Flanders. Linked by address, not a title deed.
1 establishment unit
Soevan
since 20102.191.891.083
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33003B0815/00S000 | Flanders | 622 m² | 1 · 132 m² | - |
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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-09-2010
Fiscal year end30-06
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
64210Activities of holding companies
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.