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 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SOTRACO from Zulte, company number BE0764407708, closed financial year 2025 with a result of € 2.1 million after tax. For that financial year SOTRACO recorded a gross margin of € 3.3 million and equity of € 5.1 million. Compared with financial year 2024, the result moved from € 1.8 million to € 2.1 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 September 30, 2026.
€ 5.1 million
▲ 55% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.1 million
▲ 20% vs 2024
Profit after tax over the fiscal year.
€ 347,426
▼ 75% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 335,294 paid out
16 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
5.7
▲ 2.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 371,162
▲ 112% vs 2024
€ 65,100 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.
€ 157,085
▲ 48% 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.
€ 1.3 million
▲ 68% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 217,018
▲ 53% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 805,352 | € 1,431,475 | € 2,447,815 | € 3,300,036 | ▲ 35% |
| Profit after taxes | € 573,919 | € 999,265 | € 1,782,600 | € 2,144,703 | ▲ 20% |
| Equity | € 825,532 | € 1,824,797 | € 3,307,398 | € 5,116,807 | ▲ 55% |
| Total debts | € 363,256 | € 527,631 | € 1,672,196 | € 1,712,634 | ▲ 2% |
| Cash | € 242,240 | € 506,058 | € 1,374,709 | € 347,426 | ▼ 75% |
| Retained profit | € 824,532 | € 1,823,797 | € 3,306,398 | € 5,115,807 | ▲ 55% |
| Dividend | € 0 | € 0 | € 300,000 | € 335,294 | ▲ 12% |
| Balance sheet total | € 1,188,789 | € 2,352,429 | € 4,979,594 | € 6,829,440 | ▲ 37% |
| Employees (FTE) | - | 2.1 | 3 | 5.7 | ▲ 2.7 |
By gross margin, SOTRACO ranks 1st of 8 companies with main activity “Detailhandel in parket-, laminaat- en kurkvloeren” in East Flanders that publish figures (fiscal year 2025).
Key figures of SOTRACO, 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.
Ask about SOTRACO the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to SOTRACO?
What happened at SOTRACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2.1 million (▲ 20% vs 2024). filed late Source: NBB ↗
- Sotrimmo BV became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Zulte. KBO
In short
From € 573,919 profit in 2022 to € 2.1 million profit in 2025.
Paid € 1.7 million in corporate taxes since 2022.
Best year ever: 2025, with € 2.1 million profit.
On average € 579,000 of value added per employee in 2025.
Management
Behind SOTRACO is Sotrimmo BV.
Directors
According to the 2025 annual accounts
Director · represented by Paul-Mathieu Soenens
since 2024
Establishments
Establishment units
Physical locations of this company
Olsenestraat 27
9870 Zulte
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in East Flanders
Same main activity (Detailhandel in parket-, laminaat- en kurkvloeren), 7 active companies in East Flanders, largest first.
€ 392,294 gross margin · 2024 · Aalst
€ 386,379 gross margin · 2026 · Dendermonde
€ 165,711 gross margin · 2025 · Erpe-Mere
Wardenier – Waarde in houtwerk
€ 142,506 gross margin · 2025 · Oudenaarde
€ 58,467 gross margin · 2025 · Erpe-Mere
€ 56,419 gross margin · 2025 · Gent
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- SOENENS Paul-Mathieu Michel(oprichter) 100%
Details
- Company number
- 0764.407.708
- VAT number
- BE 0764.407.708
- Registered office
- Olsenestraat 27, 9870 Zulte
- Names & denominations
- SOTRACO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 2021
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
Detailhandel in parket-, laminaat- en kurkvloeren
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Activiteiten van holdings
Detailhandel in tapijten en andere vloerbedekking en wandbekleding
Detailhandel in huismeubilair
Detailhandel in huismeubilair in gespecialiseerde winkels
Holdings