ACTIVE

SO-BUILD

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Financial year 2025 · closed on 31/12/2025

Net result

230 k €

+7.1% YoY

Gross margin

548,9 k €

+4.5% YoY

Equity

1,2 M €

-1.6% YoY

Workforce

3,1 ETP

0.0% YoY

What does SO-BUILD do?

SO-BUILD is a Private limited company incorporated in 1992. Its registered office is in Rotselaar. It employs on average 3,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0449.042.791

Incorporation

24/12/1992

Legal form

Private limited company

Registered office

Dijlekant 76
3118 Rotselaar · FlandreSee on map

Contributed capital

55 776,04 €

Latest accounts

31/12/2025

Average workforce

3,1 ETP

Activities (NACE)

43350Building completion and finishing· main 68110Buying and selling of own real estate 68201Rental and operating of own or leased real estate 82990Other business support service activities n.e.c.

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	548,9 k €	+4.5%	525,5 k €	-21.4%	668,9 k €	+53.6%	435,4 k €	-3.3%	450,3 k €	-14.6%	527,3 k €	+33.0%	396,5 k €	+37.6%	288,2 k €	+67.8%	171,7 k €	-51.9%	357,2 k €	+37.4%	260 k €	-18.0%	317,2 k €	+69.3%	187,4 k €	-22.3%	241,1 k €	+19.9%	201,2 k €	+13.4%	177,5 k €	-24.8%	235,9 k €	-28.1%	327,9 k €
EBITDA	433,8 k €	+6.4%	407,7 k €	-25.4%	546,7 k €	+68.3%	324,9 k €	+3.0%	315,5 k €	-8.1%	343,2 k €	+50.1%	228,6 k €	+50.1%	152,4 k €	+153%	60,3 k €	-53.3%	129,2 k €	+31.8%	98 k €	-29.6%	139,1 k €	+145%	56,8 k €	-39.2%	93,5 k €	+63.5%	57,2 k €	+45.5%	39,3 k €	-69.8%	129,9 k €	-16.7%	156 k €
Operating result	335,6 k €	+7.5%	312,2 k €	-29.7%	444 k €	+93.2%	229,9 k €	+23.2%	186,6 k €	-16.2%	222,7 k €	+74.8%	127,4 k €	+121%	57,6 k €	+103%	28,4 k €	-56.1%	64,7 k €	+5.9%	61,1 k €	-38.2%	98,8 k €	+965%	9,3 k €	-75.8%	38,3 k €	+98.7%	19,3 k €	+756%	2,3 k €	-97.4%	87,8 k €	-13.9%	101,9 k €
Net result	230 k €	+7.1%	214,7 k €	-38.3%	347,9 k €	+102%	171,9 k €	+18.4%	145,1 k €	-1.0%	146,6 k €	+28.0%	114,5 k €	+132%	49,3 k €	+125%	-199,7 k €	-503%	49,6 k €	-9.9%	55 k €	-28.5%	76,9 k €	+204%	25,3 k €	-24.3%	33,4 k €	+291%	-17,5 k €	-1053%	1,8 k €	-97.7%	79,9 k €	+11.8%	71,5 k €
Balance sheet
Equity	1,2 M €	-1.6%	1,2 M €	-4.0%	1,3 M €	+33.8%	941,9 k €	+22.3%	770 k €	+64.0%	469,5 k €	+45.4%	322,9 k €	+54.9%	208,4 k €	+31.0%	159,1 k €	-55.7%	358,8 k €	+16.0%	309,3 k €	-36.8%	488,9 k €	+18.7%	412 k €	+6.5%	386,8 k €	+12.6%	343,3 k €	-4.8%	360,8 k €	+0.5%	359 k €	+28.6%	279,1 k €
Total assets	1,8 M €	-3.4%	1,8 M €	-6.5%	1,9 M €	+10.4%	1,8 M €	-3.5%	1,8 M €	-8.1%	2 M €	+2.2%	1,9 M €	+3.7%	1,9 M €	+125%	830,8 k €	-25.6%	1,1 M €	+76.7%	632,4 k €	-1.3%	640,7 k €	+21.5%	527,2 k €	-7.6%	570,5 k €	+9.9%	519,2 k €	-12.6%	594,3 k €	-10.6%	665,1 k €	+12.9%	588,9 k €
Cash	650,8 k €	+4.5%	622,9 k €	+2.8%	606 k €	+75.3%	345,6 k €	+39.1%	248,5 k €	+325%	58,5 k €	+58.8%	36,8 k €	-39.3%	60,6 k €	-72.8%	223,1 k €	-32.7%	331,3 k €	+59.6%	207,6 k €	+30.3%	159,3 k €	+58.0%	100,8 k €	-23.8%	132,3 k €	+55.7%	85 k €	+11.3%	76,4 k €	-17.6%	92,7 k €	+118%	42,6 k €
Debts	567 k €	-6.8%	608,4 k €	-11.1%	684,4 k €	-16.4%	818,2 k €	-22.4%	1,1 M €	-30.4%	1,5 M €	-6.5%	1,6 M €	-2.7%	1,7 M €	+148%	671,7 k €	-8.6%	735,1 k €	+145%	299,8 k €	+114%	140 k €	+28.2%	109,2 k €	-38.5%	177,5 k €	+6.6%	166,5 k €	-24.6%	220,7 k €	-26.2%	298,9 k €	+6.0%	282,1 k €
Other
Workforce	3,1 ETP	0.0%	3,1 ETP	0.0%	3,1 ETP	0.0%	3,1 ETP	0.0%	3,1 ETP	-20.5%	3,9 ETP	-4.9%	4,1 ETP	+20.6%	3,4 ETP	+9.7%	3,1 ETP	-27.9%	4,3 ETP	+7.5%	4,0 ETP	+8.1%	3,7 ETP	+23.3%	3,0 ETP	-3.2%	3,1 ETP	-3.1%	3,2 ETP	-3.0%	3,3 ETP	+37.5%	2,4 ETP	-51.0%	4,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

Serge Op de Beeck

Director · since 15 avril 2014

Active

Ended mandates

SERGE OP DE BEECK

Manager · since 15 avril 2014

Ended

So Invest

Manager · since 01 janvier 2007 · 0886.236.936

Represented by Serge Op de Beeck

Ended

Serge Op de Beeck

Director

Ended

Serge Op de Beeck

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Muze● Active	0881.711.885

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/07/2026	10/10/2025	09/07/2024	28/06/2023	12/07/2022	25/06/2021
General meeting	31/07/2026	09/10/2025	09/07/2024	02/05/2023	02/05/2022	03/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	31/07/2026	31/07/2026	Dutch	PDF
Abridged modelCorrection	31/12/2024	09/10/2025	10/10/2025	Dutch	PDF
Abridged model	31/12/2024	24/06/2025	25/06/2025	Dutch	PDF
Abridged model	31/12/2023	09/07/2024	09/07/2024	Dutch	PDF
Abridged model	31/12/2022	02/05/2023	28/06/2023	Dutch	PDF
Abridged model	31/12/2021	02/05/2022	12/07/2022	Dutch	PDF
Abridged model	31/12/2020	03/05/2021	25/06/2021	Dutch	PDF
Abridged model	31/12/2019	04/05/2020	28/05/2020	Dutch	PDF
Abridged model	31/12/2018	06/05/2019	03/06/2019	Dutch	PDF
Abridged model	31/12/2017	07/05/2018	30/05/2018	Dutch	PDF
Abridged model	31/12/2016	02/05/2017	13/06/2017	Dutch	PDF
Abridged model	31/12/2015	02/05/2016	01/06/2016	Dutch	PDF
Abridged model	31/12/2014	04/05/2015	18/05/2015	Dutch	PDF
Abridged model	31/12/2013	05/05/2014	23/05/2014	Dutch	PDF
Abridged model	31/12/2012	06/05/2013	14/05/2013	Dutch	PDF
Abridged model	31/12/2011	07/05/2012	04/06/2012	Dutch	PDF
Abridged model	31/12/2010	02/05/2011	25/05/2011	Dutch	PDF
Abridged model	31/12/2009	03/05/2010	02/06/2010	Dutch	PDF
Abridged model	31/12/2008	04/05/2009	19/05/2009	Dutch	PDF
Abridged model	31/12/2007	05/05/2008	27/05/2008	Dutch	PDF
Abridged model	31/12/2006	07/05/2007	10/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

Serge Op de Beeck

Director · since 15 avril 2014

Active

Ended mandates

SERGE OP DE BEECK

Manager · since 15 avril 2014

Ended

So Invest

Manager · since 01 janvier 2007 · 0886.236.936

Represented by Serge Op de Beeck

Ended

Serge Op de Beeck

Director

Ended

Serge Op de Beeck

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office19/02/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - MAATSCHAPPELIJKE ZETEL - DIVERSEN - DOEL
PDF
Mandates06/05/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office14/10/2016
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares06/10/2014
KAPITAAL - AANDELEN
PDF
Mandates24/06/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/04/2007
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025230 k €↑
2025
Name changeSO-BUILD
2024
Annual accounts 2024214,7 k €↓
2023
Annual accounts 2023347,9 k €↑
2022
Annual accounts 2022171,9 k €↑
2021
Annual accounts 2021145,1 k €↓
2021
Name changeTEGELDESIGN
2018
Annual accounts 2018146,6 k €↑
2017
Annual accounts 2017114,5 k €↑
2016
Annual accounts 201649,3 k €↑
2015
Annual accounts 2015-199,7 k €↓
2014
Annual accounts 201449,6 k €↓
2013
Annual accounts 201355 k €↓
2012
Annual accounts 201276,9 k €↑
2011
Annual accounts 201125,3 k €↓
2010
Annual accounts 201033,4 k €↑
2009
Annual accounts 2009-17,5 k €↓
2008
Annual accounts 20081,8 k €↓
2007
Annual accounts 200779,9 k €↑
2006
Annual accounts 200671,5 k €
24/12/1992
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SO-BUILD

Overview

What does SO-BUILD do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline