Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 5.3 to 3.3.
Financials
Financial year 2025
SOCOTOIT from Burg-Reuland, company number BE0427390512, closed financial year 2025 with a result of € 397,211 after tax. For that financial year SOCOTOIT recorded a gross margin of € 831,687 and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 170,126 to € 397,211. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 1.6 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 397,211
▲ 133% vs 2024
Profit after tax over the fiscal year.
€ 1 million
▲ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 435,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
3.3
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 227,580
▼ 6% vs 2024
€ 69,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 145,042
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 168,724
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,245
▲ 145% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 981,229 | € 699,281 | € 560,610 | € 831,687 | ▲ 48% |
| Profit after taxes | € 435,542 | € 226,025 | € 170,126 | € 397,211 | ▲ 133% |
| Equity | € 1,949,357 | € 1,735,382 | € 1,645,509 | € 1,607,720 | ▼ 2% |
| Total debts | € 437,638 | € 798,531 | € 660,455 | € 836,128 | ▲ 27% |
| Cash | € 1,311,629 | € 530,801 | € 685,003 | € 1,047,104 | ▲ 53% |
| Land & buildings | € 68,075 | € 137,853 | € 427,397 | € 427,940 | |
| Retained profit | € 1,824,357 | € 1,610,382 | € 1,520,509 | € 1,482,720 | ▼ 2% |
| Dividend | € 160,000 | € 440,000 | € 260,000 | € 435,000 | ▲ 67% |
| Bank debt | € 973 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 2,386,995 | € 2,533,914 | € 2,305,963 | € 2,448,192 | ▲ 6% |
| Employees (FTE) | 5.3 | 5.3 | 4.3 | 3.3 | ▼ 1 |
Key figures of SOCOTOIT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SOCOTOIT?
What happened at SOCOTOIT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Raymund MICHAELIS stepped down as director. NBB
- MISAL GmbH stepped down as director. NBB
- Martina THEODOR stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 397,211 (▲ 133% vs 2024). Source: NBB ↗
- MISAL GmbH became a director. NBB
- Martina THEODOR became a director. NBB
- Raymund MICHAELIS became a director. NBB
- New establishment in Burg-Reuland. KBO
In short
From € 435,542 profit in 2022 to € 397,211 profit in 2025.
Paid € 229,481 in corporate taxes since 2022.
Best year ever: 2022, with € 435,542 profit.
On average € 252,000 of value added per employee in 2025.
Management
The stake of MISAL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SOCOTOITThe shares are held by MISAL (50%).
Directors
According to the 2025 annual accounts
Raymund MICHAELIS
Managing director
since 2019 · until 2031
Director · represented by Sebastian MICHAELIS
since 2021 · until 2031
Martina THEODOR
Director
since 2021 · until 2031
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bonzeler, Oudler 6
4790 Burg-Reuland
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0427.390.512
- VAT number
- BE 0427.390.512
- Registered office
- Bonzeler, Oudler 6, 4790 Burg-Reuland
- Names & denominations
- SOCOTOIT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 May 1985
- Peppol
- Active · Active since 4 Mar 2026
- Activities · NACE
Dakwerkzaamheden
Dakbedekking en bouw van dakconstructies
Bouwrijp maken van terreinen
Overige werkzaamheden in verband met de afwerking van gebouwen
Schrijnwerk
Sanitaire werkzaamheden
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2
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