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 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SOCAGEST from Saint-Hubert, company number BE0862085025, closed financial year 2025 with a result of € 981,769 after tax. For that financial year SOCAGEST recorded a gross margin of € 2.3 million and equity of € 3.3 million. Compared with financial year 2024, the result moved from € 455,739 to € 981,769. 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 January 5, 2026.
€ 3.3 million
▲ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 981,769
▲ 115% vs 2024
Profit after tax over the fiscal year.
€ 53,425
▼ 62% 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 € 3.3 million.
People and assets in 2025
21.5
▲ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▲ 5% vs 2024
€ 80,400 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.
€ 235,040
▼ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.3 million
▼ 15% vs 2024
€ 413,909 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 53,119
▲ 129% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 214,669
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,560,428 | € 1,977,733 | € 2,317,346 | € 2,260,103 | ▼ 2% |
| Profit after taxes | € 625,623 | € 230,609 | € 455,739 | € 981,769 | ▲ 115% |
| Equity | € 1,851,339 | € 1,855,948 | € 2,311,687 | € 3,293,456 | ▲ 42% |
| Total debts | € 1,287,234 | € 3,150,230 | € 4,854,319 | € 3,657,473 | ▼ 25% |
| Cash | € 91,245 | € 58,318 | € 140,986 | € 53,425 | ▼ 62% |
| Retained profit | € 1,619,139 | € 1,849,748 | € 2,305,487 | € 3,287,256 | ▲ 43% |
| Dividend | € 220,713 | € 0 | € 0 | € 0 | |
| Bank debt | € 760,667 | € 1,588,861 | € 2,705,590 | € 2,289,685 | ▼ 15% |
| Balance sheet total | € 3,138,573 | € 5,006,179 | € 7,166,007 | € 6,950,929 | ▼ 3% |
| Employees (FTE) | 17.2 | 18.2 | 19.5 | 21.5 | ▲ 2 |
Key figures of SOCAGEST, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to SOCAGEST?
What happened at SOCAGEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 981,769 (▲ 115% vs 2024). Source: NBB ↗
- New establishment in Courcelles. KBO
- LYMVEST SRL became a director. NBB
- Paul Emile CASSART became a director. NBB
- New establishment in Verlaine. KBO
- New establishment in Ciney. KBO
- New establishment in La Louvière. KBO
- New establishment in Charleroi. KBO
In short
From € 625,623 profit in 2022 to € 981,769 profit in 2025.
Paid € 422,508 in corporate taxes since 2022.
Best year ever: 2025, with € 981,769 profit.
On average € 105,100 of value added per employee in 2025.
Management
The stake of LYMVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SOCAGESTBehind SOCAGEST are LYMVEST SRL and Paul Emile CASSART. The shares are held by LYMVEST (74.7%). It owns 100% of ETS LELOUX-LAURENT, 100% of METAL CONDROZ, 100% of VMC METAL SERVICES, 100% of ETS EDOUARD VERSET, 51% of GREGOIRE and 25% of SEL & CO itself.
Directors
According to the 2025 annual accounts
Director · represented by MASKENS LÉON
Also active at: Etablissements Edouard Verset, Etablissements Léon Masquelier, Ateliers de Transformation de Produits métalliques du Condroz, Etablissements Leloux - Laurent, SOCACIER, GREGOIRE, SOCAGIM, VMC Metal Services
since 2021
Paul Emile CASSART
Director
Also active at: Etablissements Edouard Verset, Ateliers de Transformation de Produits métalliques du Condroz, Etablissements Leloux - Laurent, Fly-Cab, SOCAGIM
since 2021
Shareholders
74.7%
Participations
100%
100%
100%
100%
51%
25%
Establishments
Establishment units
Physical locations of this company
Les Champs des Culées 18
6870 Saint-Hubert
Rue de la Croix du Maïeur(S-B) 4
7110 La Louvière
Active since 1 January 2004
Rue de la Babotterie 66
6001 Charleroi
Active since 1 January 2004
Rue des Poiriers, Sauv. 4
5030 Gembloux
Active since 1 January 2004
Fays(Achêne) 66
5590 Ciney
Active since 1 January 2008
Voie du Bosquet(VER) 1
4537 Verlaine
Active since 1 March 2019
Grand-Rue(TR) 62
6183 Courcelles
Active since 1 April 2024
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
- 0862.085.025
- VAT number
- BE 0862.085.025
- Registered office
- Les Champs des Culées 18, 6870 Saint-Hubert
- Names & denominations
- SOCAGEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 December 2003
- Peppol
- Active · Active since 29 Sept 2025
- Activities · NACE
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