Financials
Financial year 2025
SODECO from Roeselare, company number BE0460642805, closed financial year 2025 with a result of € 1.7 million after tax. For that financial year SODECO recorded a gross margin of € 4.5 million and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 1.7 million to € 1.7 million. 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 June 23, 2026.
€ 1.2 million
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.7 million
▲ 2% vs 2024
Profit after tax over the fiscal year.
€ 848,730
▼ 74% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.5 million paid out
88 % of the profit went to the shareholders, mostly to SD Worx People Solutions NV (100 % of the shares). That is where the money ends up.
People and assets in 2025
23.7
▲ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.1 million
▲ 8% vs 2024
€ 89,500 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.
€ 9,429
▼ 45% 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.
€ 140,914
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 485,256
▼ 29% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,442,573 | € 4,342,841 | € 4,236,265 | € 4,508,785 | ▲ 6% |
| Profit after taxes | € 1,536,107 | € 1,899,079 | € 1,674,715 | € 1,704,856 | ▲ 2% |
| Equity | € 4,149,309 | € 1,548,388 | € 1,023,103 | € 1,227,959 | ▲ 20% |
| Total debts | € 466,150 | € 2,731,688 | € 3,013,700 | € 2,129,815 | ▼ 29% |
| Cash | € 3,985,449 | € 1,416,419 | € 3,206,483 | € 848,730 | ▼ 74% |
| Land & buildings | € 247,402 | € 246,280 | € 245,686 | € 245,091 | |
| Retained profit | € 4,079,309 | € 1,478,388 | € 953,103 | € 1,157,959 | ▲ 21% |
| Dividend | € 0 | € 4,500,000 | € 2,200,000 | € 1,500,000 | ▼ 32% |
| Balance sheet total | € 4,615,459 | € 4,280,076 | € 4,036,803 | € 3,357,774 | ▼ 17% |
| Employees (FTE) | 19.5 | 20.6 | 22.5 | 23.7 | ▲ 1.2 |
Key figures of SODECO, 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?
What happened at SODECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ellezé CommV stepped down as director. NBB
- DMO Consult BV stepped down as director. NBB
- Bart Deraeve stepped down as director. NBB
- Koen Coudyser stepped down as director. NBB
- Lejak BV stepped down as director. NBB
- Kuvano BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.7 million (▲ 2% vs 2024). Source: NBB ↗
- Ellezé CommV became a director. NBB
In short
From € 1.5 million profit in 2022 to € 1.7 million profit in 2025.
Paid € 2.3 million in corporate taxes since 2022.
Best year ever: 2023, with € 1.9 million profit.
On average € 190,200 of value added per employee in 2025.
Management
The shares are held by SD Worx People Solutions NV (100%).
Directors
According to the 2025 annual accounts
Gert Beeckmans
Director
since 2023 · until 2026
Bestuurder-Voorzitter · represented by Jakob Verdonck
Also active at: SODALIS, PRO - PAY, LOON EN WEDDEBEHEER, PROTIME, GEONEX, TEAL PARTNERS, GEMMA, SD Worx Staffing & Career Solutions +3 more
since 2026 · until 2027
Director · represented by David Moerman
Also active at: SODALIS, PRO - PAY, LOON EN WEDDEBEHEER, GEONEX
since 2026 · until 2027
Kurt Van Oevelen
Director
since 2024 · until 2025
since 2023 · until 2027
Eric Janssens
Bestuurder-Voorzitter
since 2023 · until 2026
Koen Coudyser
Managing director
since 2023 · until 2027
Director · represented by Sebastiaan Peeters
Also active at: SODALIS, PRO - PAY, LOON EN WEDDEBEHEER, GEONEX, TEAL PARTNERS, SD Worx Staffing & Career Solutions, SD Worx Staffing Solutions
since 2026 · until 2027
since 2024 · until 2026
Director · represented by Kurt Van Oevelen
Also active at: SODALIS, PRO - PAY, LOON EN WEDDEBEHEER, GEONEX
since 2025 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hof ter Weze 36
8800 Roeselare
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.642.805
- VAT number
- BE 0460.642.805
- Registered office
- Hof ter Weze 36, 8800 Roeselare
- Names & denominations
- SODECO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 May 1997
- Peppol
- Active · Active since 2 Sept 2025
- Activities · NACE
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