Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SOCONORD GROUP from Elsene, company number BE0429411179, closed financial year 2025 with a result of € 684,830 after tax. For that financial year SOCONORD GROUP recorded revenue of € 633,133 and equity of € 44 million. Compared with financial year 2024, the result moved from € 795,212 to € 684,830. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 11, 2026.
€ 44 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 684,830
▼ 14% vs 2024
Profit after tax over the fiscal year.
€ 370,198
▼ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.5 million.
People and assets in 2025
2
Average over the fiscal year, from the social balance sheet.
€ 297,943
▲ 6% vs 2024
€ 149,000 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.
€ 26,884
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 11.9 million
▼ 17% vs 2024
€ 3.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 318,905
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 118 days on average.
€ 84,285
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 724,273 | € 8,131,192 | € 685,271 | € 633,133 | ▼ 8% |
| Profit after taxes | € 7,282,764 | € 4,013,612 | € 795,212 | € 684,830 | ▼ 14% |
| Equity | € 38,612,126 | € 42,573,237 | € 43,340,354 | € 43,960,863 | ▲ 1% |
| Total debts | € 21,801,603 | € 16,707,463 | € 15,337,132 | € 17,683,029 | ▲ 15% |
| Cash | € 791,017 | € 1,436,115 | € 730,231 | € 370,198 | ▼ 49% |
| Retained profit | € -1,887,018 | € 2,074,093 | € 2,841,210 | € 3,461,719 | ▲ 22% |
| Bank debt | € 14,400,000 | € 14,400,000 | € 14,400,000 | € 11,900,000 | ▼ 17% |
| Balance sheet total | € 60,473,397 | € 59,342,843 | € 58,689,510 | € 61,655,916 | ▲ 5% |
| Employees (FTE) | 2 | 2 | 2 | 2 |
Key figures of SOCONORD GROUP, 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 SOCONORD GROUP?
What happened at SOCONORD GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Candice SCHUEREMANS stepped down as director. NBB
- Caroline FOCQUET stepped down as director. NBB
- Nathalie LEFORT stepped down as director. NBB
- Carine FOCQUET stepped down as director. NBB
- Patrick FOCQUET stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 684,830 (▼ 14% vs 2024). Source: NBB ↗
- Candice SCHUEREMANS became a director. NBB
- Caroline FOCQUET became a director. NBB
In short
From € 7.3 million profit in 2022 to € 684,830 profit in 2025.
Paid € 40,654 in corporate taxes since 2022.
Best year ever: 2022, with € 7.3 million profit.
Pays suppliers within 118 days on average.
A new publication or filing at SOCONORD GROUP? We notify you, reason included.
Follow SOCONORD GROUPDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of PARGEFIN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SOCONORD GROUPThe shares are held by PARGEFIN (12.2%). It owns 100% of SOCONORD SINGAPORE Pte Ltd., 100% of SOCONORD and 75% of SOCOFIN itself.
Directors
According to the 2025 annual accounts
Shareholders
12.2%
Establishments
Establishment units
Physical locations of this company
Louizalaan 480
1050 Elsene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0429.411.179
- VAT number
- BE 0429.411.179
- Registered office
- Louizalaan 480, 1050 Elsene
- Names & denominations
- SOCONORD GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 August 1986
- Peppol
- Active · Active since 9 Jul 2025
- Activities · NACE
Activiteiten van holdings
Overige persoonlijke diensten
Holdings