S3 Solutions
S3 Solutions is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €35k and a net result of €165k. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 23% of 7837 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €35k |
| Net result | €165k |
| Better than sector | 23% |
| Active | 9 yrs |
Strong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 18.2% | 51.3% | |
| Net result | €165k | €33k | |
| Equity | €35k | €132k | |
| Gross operating margin | €216k | €63k | |
| Total assets | €190k | €337k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | n/a | n/a | n/a | n/a | n/a |
| EBITDA | n/a | n/a | n/a | n/a | n/a |
| Net profit | €165k | €65k | €-18k | €137k | €360k |
| Cash flow | n/a | n/a | n/a | n/a | n/a |
| Staff costs | - | €2k | - | - | - |
| Income taxes | €44k | €16k | €503 | €43k | €117k |
| Dividends | €300k | €35k | - | - | €360k |
| Total assets | €190k | €204k | €140k | €169k | €521k |
| Equity | €35k | €169k | €139k | €158k | €20k |
| Debt | €156k | €34k | €1k | €12k | €500k |
| of which ≤ 1y | €156k | €34k | €1k | €12k | €500k |
| of which > 1y | - | - | - | - | - |
| Working capital | n/a | n/a | n/a | n/a | n/a |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | n/a | n/a | n/a | n/a | n/a |
| Quick ratio | n/a | n/a | n/a | n/a | n/a |
| Working capital ratio | n/a | n/a | n/a | n/a | n/a |
| Solvency | 18.2% | 83.2% | 99.3% | 93.1% | 3.9% |
| Debt / equity | n/a | n/a | n/a | n/a | n/a |
| Long-term debt ratio | n/a | n/a | n/a | n/a | n/a |
| Interest coverage | n/a | n/a | n/a | n/a | n/a |
| Gross margin | n/a | n/a | n/a | n/a | n/a |
| Net margin | n/a | n/a | n/a | n/a | n/a |
| ROA | 86.8% | 32.1% | -13.0% | 81.0% | 69.1% |
| ROE | 477.7% | 38.6% | -13.1% | 87.0% | 1758.5% |
| EBITDA margin | n/a | n/a | n/a | n/a | n/a |
| Days sales outstanding | n/a | n/a | n/a | n/a | n/a |
| Days payable outstanding | n/a | n/a | n/a | n/a | n/a |
| Inventory turnover | n/a | n/a | n/a | n/a | n/a |
| Days inventory (DSI) | n/a | n/a | n/a | n/a | n/a |
Full annual accounts (21 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €190k | €204k | €140k | €169k | €521k |
| Fixed assets | 21/28 | €24k | €29k | €39k | €15k | €26k |
| Tangible fixed assets | 22/27 | €24k | €29k | €39k | €15k | €26k |
| Current assets | 29/58 | €166k | €175k | €101k | €155k | €495k |
| Amounts receivable within one year | 40/41 | €77k | €109k | €43k | €43k | €28k |
| Cash & bank | 54/58 | €85k | €63k | €54k | €110k | €465k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €190k | €204k | €140k | €169k | €521k |
| Equity | 10/15 | €35k | €169k | €139k | €158k | €20k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Reserves | 13 | €16k | €151k | €121k | €139k | €2k |
| Amounts payable | 17/49 | €156k | €34k | €1k | €12k | €500k |
| Amounts payable within one year | 42/48 | €156k | €34k | €1k | €12k | €500k |
| Trade debts payable within one year | 44 | €14k | €656 | €822 | €8k | €106k |
| Income statement | ||||||
| Gross operating margin | 9900 | €216k | €92k | €-4k | €192k | €489k |
| Operating result | 9901 | €206k | €79k | €-19k | €179k | €476k |
| Financial income | 75 | €3k | €2k | €1k | €966 | €544 |
| Financial charges | 65 | €338 | €209 | €222 | €495 | €556 |
| Result before taxes | 9903 | €209k | €81k | €-18k | €180k | €476k |
| Income taxes | 67/77 | €44k | €16k | €503 | €43k | €117k |
| Net result for the period | 9904 | €165k | €65k | €-18k | €137k | €360k |
| Result to be appropriated | 9905 | €165k | €65k | €-18k | €137k | €360k |
Historic, not recently confirmed (1)
-
Not recently confirmedlast confirmed in an act from 2018
| NACE primary | Activities of holding companies(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 17-02-2017 |
| Status | Active |
| Postal code | 1410 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763L0640/00A000 | Wallonia | 689 m² | 1 · 148 m² | 6.8 m · 2 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
30-04-2026 1 director appointed, 2 resigning
- Cormac David TRACEY, Bestuurder
- Cormac David TRACEY, Zaakvoerder
- Chiara TORBOLI, Zaakvoerder
Technical details
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"evidence_quote": "L\u2019assembl\u00E9e g\u00E9n\u00E9rale donne d\u00E9charge compl\u00E8te et enti\u00E8re aux g\u00E9rants d\u00E9missionnaires pour l\u2019ex\u00E9cution de leur mandat.",
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"evidence_quote": "\u2022 Madame Chiara TORBOLI.",
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"evidence_quote": "L\u2019assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de fixer le nombre d\u2019administrateurs \u00E0 1.",
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],
"notary": {
"name": "Val\u00E9ry COLARD",
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2026-04-30",
"filing_date": "2026-04-28",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2026-04-21",
"unanimous": null
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],
"is_correction": false,
"subject_company": {
"kbo": "0671.587.121",
"name_full": "S3 Solutions",
"legal_form": "SRL"
},
"publication_proxy": {
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},
"co_filed_documents": [],
"corrected_publication_numac": null
}25-06-2018 Chiara Torboli appointed as managing director
- Chiara Torboli, Gedelegeerd bestuurder
Technical details
{
"events": [
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"role": "gedelegeerd_bestuurder",
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},
"evidence_quote": "Le proc\u00E8s-verbal de l\u0027Assembl\u00E9e g\u00E9n\u00E9rale sp\u00E9ciale du 28 mai 2018 montre la nomination en tant que g\u00E9rante de Mme Chiara Torboli, demeurant au 1410 Waterloo."
}
],
"schema": "v3.2",
"act_meta": {
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},
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"kbo": "0671.587.121",
"name_full": "S3 SOLUTIONS",
"legal_form": "SPRL"
}
}21-02-2017 Incorporation of a new SNC
Technical details
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"founders": [
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"dob": "1973-08-11",
"name": "TRACEY Cormac David",
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},
"share_class": "Ordinary",
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"contribution_type": "cash",
"amount_paid_in_eur": 12400,
"holder_person_name": "TRACEY Cormac David",
"is_subscriber_only": true,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 18600,
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],
"capital_eur": 18600,
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"initial_directors": [],
"incorporation_date": "2017-02-14",
"post_incorporation_mandates": []
}| Legal nameFR | S3 Solutions |