Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SODECO VALVES from Ternat, company number BE0438483748, closed financial year 2025 with a result of € 611,839 after tax. For that financial year SODECO VALVES recorded revenue of € 21.5 million and equity of € 5.2 million. Compared with financial year 2024, the result moved from € 313,746 to € 611,839. Profitable, and profit is growing. 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 March 2, 2026.
€ 5.2 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 611,839
▲ 95% vs 2024
Profit after tax over the fiscal year.
€ 208,734
▼ 55% 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 € 4.6 million.
People and assets in 2025
36.5
▲ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.5 million
▲ 8% vs 2024
€ 97,200 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.
€ 86,718
▲ 6% 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.
€ 2.3 million
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 49 days on average.
€ 854,036
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 23,686,531 | € 23,983,138 | € 20,902,215 | € 21,531,325 | ▲ 3% |
| Profit after taxes | € 893,932 | € 1,046,105 | € 313,746 | € 611,839 | ▲ 95% |
| Equity | € 3,478,857 | € 4,524,962 | € 4,538,708 | € 5,150,547 | ▲ 13% |
| Total debts | € 8,411,763 | € 8,615,972 | € 9,044,303 | € 8,979,086 | ▼ 1% |
| Cash | € 464,934 | € 587,097 | € 459,260 | € 208,734 | ▼ 55% |
| Retained profit | € 2,900,797 | € 3,946,901 | € 3,960,648 | € 4,572,486 | ▲ 15% |
| Dividend | € 0 | € 0 | € 300,000 | € 0 | ▼ 100% |
| Balance sheet total | € 11,890,621 | € 13,140,934 | € 13,583,012 | € 14,129,633 | ▲ 4% |
| Employees (FTE) | 36.6 | 35 | 35.5 | 36.5 | ▲ 1 |
Key figures of SODECO VALVES, 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 SODECO VALVES?
What happened at SODECO VALVES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lionel Hervé Monroe stepped down as director. NBB
- Deco Holding NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 611,839 (▲ 95% vs 2024). Source: NBB ↗
- Lionel Hervé Monroe became a director. NBB
- Deco Holding NV became a director. NBB
- New establishment in Ternat. KBO
- Start of the company according to the CBE. KBO
In short
From € 893,932 profit in 2022 to € 611,839 profit in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2023, with € 1 million profit.
Paid out € 300,000 in dividends to the owners in total.
Management
The stake of DECO HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SODECO VALVESThe shares are held by DECO HOLDING (100%).
Directors
According to the 2025 annual accounts
since 2021 · until 2027
since 2021 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Morettestraat 5
1740 Ternat
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0438.483.748
- VAT number
- BE 0438.483.748
- Registered office
- Morettestraat 5, 1740 Ternat
- Names & denominations
- SODECO VALVES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 October 1989
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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