SOYL
ActiveSummary
SOYL has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.32M and a net result of €-654k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 95% of 4867 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth22=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 17.61; short-term debt: 5.7% and cash: 10.9% of total assets), and 5.9% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
94.1%
Return on assets
-46.7%
Age of the figures
9 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
1819202122232425
2018 to 2025 · latest year €-654k
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
8 d early
2023
12 d early
2022
14 d early
2021
16 d early
2020
37 d early
2019
38 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, full schema
Turnover
€3.19M▼ 43.6%
2024 · €5.65M
2018: €13.15M
2019: €14.11M
2020: €14.88M
2021: €16.23M
2022: €18.96M
2023: €9.23M
2024: €5.65M
2018 → 2025
EBIT margin
-20.7%▼ 13.6pp
2024 · -7.1%
2018: 8.6%
2019: 8.2%
2020: 7.2%
2021: 7.3%
2022: 5.0%
2023: -4.9%
2024: -7.1%
2018 → 2025
Net result
€-654k▼ 92.9%
2024 · €-339k
2018: €1.09M
2019: €1.11M
2020: €950k
2021: €1.08M
2022: €630k
2023: €-442k
2024: €-339k
2018 → 2025
Working capital
€1.32M▼ 33.0%
2024 · €1.97M
2018: €2.13M
2019: €2.19M
2020: €2.49M
2021: €2.72M
2022: €2.75M
2023: €2.31M
2024: €1.97M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€16.23M-€18.96M▲ 16.8%€9.23M▼ 51.3%€5.65M▼ 38.8%€3.19M▼ 43.6%
Equity€2.72M-€2.75M▲ 1.1%€2.31M▼ 16.1%€1.97M▼ 14.7%€1.32M▼ 33.2%
Operating result€1.19M-€945k▼ 20.5%€-455k€-401k▲ 11.9%€-659k▼ 64.3%
Net result€1.08M-€630k▼ 41.9%€-442k€-339k▲ 23.4%€-654k▼ 92.9%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €659k in 2025 against €401k 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
Equity and liabilities €1.40M
Equity
€1.32M ▼ 33.2%
Debt
€82k ▲ 640%
Debt's share of the balance-sheet total rises from 0.6% to 5.9%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
17.61
Quick ratio
5.07
Debt to equity
0.06▲
2024 · 0.01
ROE
-49.6%▼
2024 · -17.2%
ROA
-46.7%▼
2024 · -17.1%
Debt ≤ 1 year
€80k▲
2024 · €11k
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 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.98M€1.40M▼
Current assets29/58€1.98M€1.40M▼
Stocks and contracts in progress3€645k€998k▲
Stocks30/36€645k€998k▲
Raw materials and consumables30/31-€389k
Finished goods33€645k€609k▼
Amounts receivable within one year40/41€267k€250k▼
Trade receivables40€170k€241k▲
Other amounts receivable41€97k€9k▼
Cash at bank and in hand54/58€1.07M€153k▼
Deferred charges and accrued income490/1€102€236▲
Equity and liabilities
Total equity and liabilities10/49€1.98M€1.40M▼
Equity10/15€1.97M€1.32M▼
Contributions10/11€1.50M€1.50M=
Capital10€1.50M€1.50M=
Issued capital100€1.50M€1.50M=
Reserves13€150k€150k=
Non-distributable reserves130/1€150k€150k=
Legal reserve130€150k€150k=
Tax-exempt reserves132€124€124=
Profit (loss) carried forward14€322k€-332k▼
Amounts payable17/49€11k€82k▲
Amounts payable within one year42/48€11k€80k▲
Trade debts44€11k€34k▲
Suppliers440/4€11k€34k▲
Taxes, remuneration and social security45-€46k
Taxes450/3-€46k
Accrued charges and deferred income492/3-€3k
Income statement
Code20242025
Operating income70/76A€5.66M€3.15M▼
Turnover70€5.65M€3.19M▼
Change in stocks of work in progress, finished goods and contracts in progress71€1k€-36k▼
Other operating income74€68-
Operating charges60/66A€6.06M€3.81M▼
Goods for resale, raw materials and consumables60€5.41M€3.35M▼
Purchases600/8€4.42M€3.74M▼
Change in stocks: decrease (increase)609€987k€-389k▼
Services and other goods61€644k€454k▼
Remuneration, social security and pensions62€341-
Other operating charges640/8€3k€2k▼
Operating profit (loss)9901€-401k€-659k▼
Financial income75/76B€63k€9k▼
Recurring financial income75€63k€9k▼
Income from current assets751€63k€9k▼
Financial charges65/66B€598€4k▲
Recurring financial charges65€598€4k▲
Debt charges650-€3k
Other financial charges652/9€598€934▲
Profit (loss) for the period before taxes9903€-339k€-654k▼
Profit (loss) for the period9904€-339k€-654k▼
Profit (loss) for the period to be appropriated9905€-339k€-654k▼
Appropriation of the result
Profit (loss) to be appropriated9906€322k€-332k▼
Profit (loss) brought forward from the previous period14P€661k€322k▼
The notes to these accounts (16 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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-654k
Net result drops to €-654k, the lowest in the series.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity times 46current ratio 177.80
Current ratio from 3.85 to 177.80; short-term debt falls from €811k to €11k.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €1.11M ▲1.4%
Net result €1.11M, the highest in the series.
15-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
14-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
08-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
16 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, Lichtervelde · 1 establishment unit since 1976
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.
Kortemarkstraat 88810 LichterveldeGround area
1.2 ha
Building footprint
1,111 m²
Volume, LiDAR
6,294 m³
Parcel 36011E0435/06Z000, Flanders · tallest building 13.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kortemarkstraat 8, 8810 Lichtervelde
since 19762.142.825.812
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36011E0435/06Z000 | Flanders | 1.2 ha | 1 · 1,111 m² | 13.6 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLichtervelde2.142.825.812
Legal Entity Identifier
5493007X3WIQLSM9PY27
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Of 689 companies in sector 46216 we hold annual accounts for 476. 390 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 formPublic limited company
Founded03-05-1976
Fiscal year end31-12
Activities, NACEBEL 2025
46216Wholesale of agricultural produce and animal feed, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.