ACTIVE

SOETEN

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Financial year 2025 · closed on 31/12/2025
Net result
243,3 k €
+16.6% YoY
Gross margin
466,5 k €
+34.2% YoY
Equity
996,4 k €
+32.3% YoY
Workforce
1,7 ETP
+70.0% YoY

What does SOETEN do?

SOETEN is a Private limited company incorporated in 2020. Its registered office is in Knokke-Heist. It employs on average 1,7 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0750.501.866
Incorporation
10/07/2020
Legal form
Private limited company
Registered office
Kustlaan 283
8300 Knokke-Heist · FlandreSee on map
Contributed capital
35 000,00 €
Latest accounts
31/12/2025
Average workforce
1,7 ETP
Joint committees (2)
  • 200
  • 20000
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin466,5 k €347,5 k €200 k €427,3 k €270,2 k €
EBITDA403,3 k €332,3 k €166,8 k €396,5 k €223,2 k €
Operating result355,9 k €308,1 k €146,4 k €352,2 k €184,8 k €
Net result243,3 k €208,7 k €113,4 k €257 k €139,4 k €
Balance sheet
Equity996,4 k €753,1 k €544,5 k €431,1 k €174,4 k €
Total assets3,6 M €2,5 M €1,9 M €1,6 M €975 k €
Cash146,7 k €100,9 k €181,2 k €248,6 k €204,9 k €
Debts2,6 M €1,8 M €1,4 M €1,2 M €800,6 k €
Other
Workforce1,7 ETP1,0 ETP1,0 ETP0,2 ETP1,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

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

Active mandates

Soeten Corporation

Director · since 19 novembre 2025 · 1030.523.941

Represented by Niels Soete

Active

Ended mandates

Niels Soete

Director

Ended
Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202210/07/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months18 months
Filing date31/07/202630/08/202512/08/202407/07/202314/03/2023
General meeting30/06/202631/07/202530/06/202416/06/202308/03/2023
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202631/07/2026DutchPDF
Abridged model31/12/202431/07/202530/08/2025DutchPDF
Abridged model31/12/202330/06/202412/08/2024DutchPDF
Abridged model31/12/202216/06/202307/07/2023DutchPDF
Abridged modelCorrection31/12/202108/03/202314/03/2023DutchPDF
Abridged model31/12/202131/07/202231/08/2022DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 1 ended

Active mandates

Soeten Corporation

Director · since 19 novembre 2025 · 1030.523.941

Represented by Niels Soete

Active

Ended mandates

Niels Soete

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/01/2026
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office11/12/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other14/07/2020
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 2025243,3 k €↑
  2. 2024
    Annual accounts 2024208,7 k €↑
  3. 2023
    Annual accounts 2023113,4 k €↓
  4. 2022
    Annual accounts 2022257 k €↑
  5. 2021
    Annual accounts 2021139,4 k €
  6. 10/07/2020
    IncorporationPrivate limited company