SOULWORX
ActiveSummary
SOULWORX has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €461k and a net result of €424k. Equity is growing by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 37% of 8663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+2
Solvency63▼-13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.84 against 7.98 in 2024; short-term debt: 29.8% and cash: 80.5% of total assets), but 61.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
38.3%
Return on assets
35.2%
Age of the figures
9 mo
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 17-07-2026, 14 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
14 d early
2024
34 d early
2023
75 d early
2022
27 d early
2021
33 d early
2020
31 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€461k▼ 27.6%
2024 · €637k
2020: €172k
2021: €463k
2022: €733k
2023: €342k
2024: €637k
2020 → 2025
Total assets
€1.20M▼ 2.9%
2024 · €1.24M
2020: €482k
2021: €890k
2022: €1.10M
2023: €865k
2024: €1.24M
2020 → 2025
Net result
€424k▲ 43.8%
2024 · €295k
2020: €162k
2021: €291k
2022: €270k
2023: €197k
2024: €295k
2020 → 2025
Working capital
€659k▼ 27.4%
2024 · €908k
2020: €122k
2021: €540k
2022: €772k
2023: €499k
2024: €908k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€463k-€733k▲ 58.3%€342k▼ 53.4%€637k▲ 86.4%€461k▼ 27.6%
Operating result€383k-€357k▼ 6.7%€266k▼ 25.6%€396k▲ 49.0%€569k▲ 43.6%
Net result€291k-€270k▼ 7.3%€197k▼ 27.0%€295k▲ 49.8%€424k▲ 43.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 44% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.20M
Fixed assets
€187k ▼ 7.9%
Current assets
€1.02M ▼ 1.9%
Equity and liabilities €1.20M
Equity
€461k ▼ 27.6%
Debt
€744k ▲ 23.1%
Debt's share of the balance-sheet total rises from 48.7% to 61.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€586k▲
2024 · €440k
Cash flow
€442k▲
2024 · €339k
Current ratio
2.84▼
2024 · 7.98
Debt to equity
1.61▲
2024 · 0.95
ROE
92.0%▲
2024 · 46.3%
ROA
35.2%▲
2024 · 23.8%
Interest coverage
158.55▲
2024 · 104.39
Debt ≤ 1 year
€359k▲
2024 · €130k
Debt > 1 year
€108k▼
2024 · €120k
Income taxes
€141k▲
2024 · €98k
Staff costs
€237k▲
2024 · €219k
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.24M€1.20M▼
Fixed assets21/28€203k€187k▼
Intangible fixed assets21€3k€0▼
Tangible fixed assets22/27€200k€187k▼
Land and buildings22€189k€183k▼
Plant, machinery and equipment23€10k€3k▼
Furniture and vehicles24€335€28▼
Current assets29/58€1.04M€1.02M▼
Amounts receivable after more than one year29€15k€0▼
Other amounts receivable291€15k€0▼
Amounts receivable within one year40/41€43k€43k▼
Trade receivables40€26k€34k▲
Other amounts receivable41€17k€9k▼
Cash at bank and in hand54/58€970k€969k▼
Deferred charges and accrued income490/1€10k€6k▼
Equity and liabilities
Total equity and liabilities10/49€1.24M€1.20M▼
Equity10/15€637k€461k▼
Contributions10/11€10k€10k=
Reserves13€627k€451k▼
Distributable reserves133€627k€451k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€604k€744k▲
Amounts payable after more than one year17€120k€108k▼
Financial debts170/4€120k€108k▼
Amounts payable within one year42/48€130k€359k▲
Current portion of amounts payable after more than one year42€12k€12k▲
Trade debts44€6k€6k▼
Suppliers440/4€6k€6k▼
Taxes, remuneration and social security45€96k€80k▼
Taxes450/3€70k€60k▼
Remuneration and social security454/9€25k€20k▼
Other amounts payable47/48€17k€262k▲
Accrued charges and deferred income492/3€354k€277k▼
Income statement
Code20242025
Remuneration, social security and pensions62€219k€237k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€18k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€660k€825k▲
Operating profit (loss)9901€396k€569k▲
Financial income75/76B€1k€453▼
Recurring financial income75€1k€453▼
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€393k€565k▲
Income taxes67/77€98k€141k▲
Profit (loss) for the period9904€295k€424k▲
Profit (loss) for the period to be appropriated9905€295k€424k▲
Appropriation of the result
Profit (loss) to be appropriated9906€295k€424k▲
Transfer from equity791/2€0€600k▲
Transfer to equity691/2€295k€424k▲
To other reserves6921€295k€424k▲
Profit to be distributed694/7€0€600k▲
Return on contributions (dividend)694€0€600k▲
Social balance
Average headcount (FTE)90873.93.4▼
The notes to these accounts (20 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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2020net €424k ▲43.8%
Operating result €569k, net result €424k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €500kEq €637k ▲86.4%
5 profitable years in a row build equity to €637k.
17-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €500kEq €733k ▲58.3%
3 profitable years in a row build equity to €733k.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity triplescurrent ratio 8.98
Current ratio from 2.66 to 8.98; short-term debt falls from €73k to €68k.
31-12
Financial
Equity above €200kEq €463k ▲169%
2 profitable years in a row build equity to €463k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Schilde · 1 establishment unit since 2019
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.
Goudbloemlaan 312970 SchildeGround area
1,041 m²
Building footprint
135 m²
Volume, LiDAR
924 m³
Parcel 11922C0476/00P019, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SOULWORX
since 20192.294.335.060
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11922C0476/00P019 | Flanders | 1,041 m² | 1 · 135 m² | 12.0 m · 3 fl. |
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.
Similar companies · same sector, comparable size
DOKTER LUC BELMANS
BE 0454.365.717
Geel · Eq €461,160
TRIGINTA MANAGER
BE 0738.400.523
Gent · Eq €461,225
ADX CONSULT
BE 0479.017.474
Sint-Gillis-Waas · Eq €461,137
VAN HECKE CONSULTANCY
BE 0895.067.302
Damme · Eq €461,127
Rujan
BE 0879.240.761
Wingene · Eq €461,262
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 35,285 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.