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SOL-IMMO

Active
Private limited companyfounded 20206 yrs activeAvenue Simon Sauveur 7, 4050 Chaudfontaine, BelgiumKBO/BCE: BE 0746.602.466
Summary

SOL-IMMO has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8,067 and a net result of €30,890. Equity is shrinking by ~22.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 25% of 14254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability81▲+81
Solvency28▲+11
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
3%
Return on assets
11.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 14254 sector peers (2025).
NBB · sector comparison
Position among 14254 sector peers
Solvency
better than 25%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
24 d early
2024
24 d late
2023
1 d late
2022
30 d late
2021
31 d late
2020
40 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 4 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SOL-IMMO was incorporated on 30 April 2020 as a Private limited company.1 Total assets rose from EUR 34,673 in 2020 to EUR 266,859 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€30,890
2024 · -€42,041
Working capital
-€100,250▲ 22.9%
2024 · -€129,997
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€7,447▲ 52.4%€23,201-€22,532-€32,553▼ 44.5%€39,615
Net result-€7,552within the sector's middle half▲ 51.8%€23,051within the sector's middle half-€30,607below the sector's middle half-€42,041below the sector's middle half▼ 37.4%€30,890within the sector's middle half
Equity€26,774within the sector's middle half▼ 22.0%€49,825within the sector's middle half▲ 86.1%€19,219within the sector's middle half▼ 61.4%-€22,822below the sector's middle half€8,067within the sector's middle half
Total assets€36,274below the sector's middle half▲ 4.6%€59,379below the sector's middle half▲ 63.7%€243,752within the sector's middle half▲ 311%€274,968within the sector's middle half▲ 12.8%€266,859within the sector's middle half▼ 2.9%
Debt€9,500▲ 2,634%€9,554▲ 0.6%€224,534▲ 2,250%€297,790▲ 32.6%€258,792▼ 13.1%
Working capital€26,047within the sector's middle half▼ 24.1%€49,445within the sector's middle half▲ 89.8%-€30,294within the sector's middle half-€129,997below the sector's middle half▼ 329%-€100,250below the sector's middle half▲ 22.9%
Solvency73.8%above the sector's middle half▼ 25.2pp83.9%above the sector's middle half▲ 10.1pp7.9%within the sector's middle half▼ 76.0pp-8.3%below the sector's middle half▼ 16.2pp3.0%below the sector's middle half▲ 11.3pp
Current ratio3.74above the sector's middle half▼ 96.046.18above the sector's middle half▲ 2.430.43within the sector's middle half▼ 5.750.04below the sector's middle half▼ 0.390.06below the sector's middle half▲ 0.02
Return on assets (ROA)-20.8%below the sector's middle half▲ 24.4pp38.8%above the sector's middle half▲ 59.6pp-12.6%below the sector's middle half▼ 51.4pp-15.3%below the sector's middle half▼ 2.7pp11.6%above the sector's middle half▲ 26.9pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€50,000-€25,000€0€25,000€50,000Operating result 2021: -€7,447-€7,447Net result 2021: -€7,552-€7,552Operating result 2022: €23,201€23,201Net result 2022: €23,051€23,051Operating result 2023: -€22,532-€22,532Net result 2023: -€30,607-€30,607Operating result 2024: -€32,553-€32,553Net result 2024: -€42,041-€42,041Operating result 2025: €39,615€39,615Net result 2025: €30,890€30,89020212022202320242025-€50,000-€25,000€0€25,000€50,000Operating result 2023: -€22,532-€22,500Net result 2023: -€30,607-€30,600Operating result 2024: -€32,553-€32,600Net result 2024: -€42,041-€42,000Operating result 2025: €39,615€39,600Net result 2025: €30,890€30,900202320242025
The operating result returns to profit in 2025: €39,615 after a loss of €32,553 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €266,859
Fixed assets €260,348 ▼ 3.3%
Current assets €6,511 ▲ 13.9%
Equity and liabilities €266,859
Equity €8,067
Debt €258,792
Debt finances 97.0% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€49,754▲
2024 · -€19,741
Cash flow
€41,029▲
2024 · -€29,229
Debt to equity
32.08▲
2024 · -13.05
ROE
382.9%
Interest coverage
5.70▲
2024 · -2.08
Debt ≤ 1 year
€106,761▼
2024 · €135,712
Debt > 1 year
€152,031▼
2024 · €162,078
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,151 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,151 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€274,968€266,859▼
Fixed assets21/28€269,253€260,348▼
Tangible fixed assets22/27€269,253€260,348▼
Land and buildings22€269,253€260,348▼
Current assets29/58€5,714€6,511▲
Amounts receivable within one year40/41€258€881▲
Trade receivables40€258-
Other amounts receivable41-€881
Cash at bank and in hand54/58€5,457€5,630▲
Equity and liabilities
Total equity and liabilities10/49€274,968€266,859▼
Equity10/15-€22,822€8,067▲
Contributions10/11€50,000€50,000=
Profit (loss) carried forward14-€72,822-€41,933▲
Amounts payable17/49€297,790€258,792▼
Amounts payable after more than one year17€162,078€152,031▼
Financial debts170/4€162,078€152,031▼
Amounts payable within one year42/48€135,712€106,761▼
Current portion of amounts payable after more than one year42€9,562€10,047▲
Trade debts44€35,173€11,866▼
Suppliers440/4€35,173€11,866▼
Taxes, remuneration and social security45€20,976-
Taxes450/3€20,976-
Other amounts payable47/48€70,000€84,847▲
Income statement Code20242025
Non-recurring operating income76A-€27,290
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,812€10,139▼
Other operating charges640/8€4,315€1,431▼
Gross operating margin9900-€15,426€51,185▲
Operating profit (loss)9901-€32,553€39,615▲
Financial charges65/66B€9,488€8,725▼
Recurring financial charges65€9,488€8,725▼
Profit (loss) for the period before taxes9903-€42,041€30,890▲
Profit (loss) for the period9904-€42,041€30,890▲
Profit (loss) for the period to be appropriated9905-€42,041€30,890▲
Appropriation of the result
Profit (loss) to be appropriated9906-€72,822-€41,933▲
Profit (loss) brought forward from the previous period14P-€30,781-€72,822▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A----€27,290-
Remuneration, social security and pensions62-€18----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€314€347€8,594€12,812€10,139▼ 20.9%
Other operating charges640/8€348€348€20,953€4,315€1,431▼ 66.8%
Gross operating margin9900-€6,786€23,913€7,016-€15,426€51,185▲ 432%
Operating profit (loss)9901-€7,447€23,201-€22,532-€32,553€39,615▲ 222%
Financial charges65/66B€105€96€8,074€9,488€8,725▼ 8.0%
Recurring financial charges65€105€96€8,074€9,488€8,725▼ 8.0%
Profit (loss) for the period before taxes9903-€7,552€23,105-€30,607-€42,041€30,890▲ 173%
Income taxes67/77-€54----
Profit (loss) for the period9904-€7,552€23,051-€30,607-€42,041€30,890▲ 173%
Profit (loss) for the period to be appropriated9905-€7,552€23,051-€30,607-€42,041€30,890▲ 173%
Line20212022202320242025Change
Assets
Total assets20/58€36,274€59,379€243,752€274,968€266,859▼ 2.9%
Fixed assets21/28€727€380€221,153€269,253€260,348▼ 3.3%
Tangible fixed assets22/27€727€380€221,153€269,253€260,348▼ 3.3%
Land and buildings22--€221,119€269,253€260,348▼ 3.3%
Plant, machinery and equipment23€727€380€33---
Current assets29/58€35,547€58,999€22,600€5,714€6,511▲ 13.9%
Amounts receivable within one year40/41€22,267€41€3,456€258€881▲ 242%
Trade receivables40€19,360--€258--
Other amounts receivable41€2,907€41€3,456-€881-
Cash at bank and in hand54/58€13,280€58,958€19,143€5,457€5,630▲ 3.2%
Equity and liabilities
Total equity and liabilities10/49€36,274€59,379€243,752€274,968€266,859▼ 2.9%
Equity10/15€26,774€49,825€19,219-€22,822€8,067▲ 135%
Contributions10/11€50,000€50,000€50,000€50,000€50,000=
Profit (loss) carried forward14-€23,226-€175-€30,781-€72,822-€41,933▲ 42.4%
Amounts payable17/49€9,500€9,554€224,534€297,790€258,792▼ 13.1%
Amounts payable after more than one year17--€171,641€162,078€152,031▼ 6.2%
Financial debts170/4--€171,641€162,078€152,031▼ 6.2%
Amounts payable within one year42/48€9,500€9,554€52,893€135,712€106,761▼ 21.3%
Current portion of amounts payable after more than one year42--€8,360€9,562€10,047▲ 5.1%
Trade debts44--€19,480€35,173€11,866▼ 66.3%
Suppliers440/4--€19,480€35,173€11,866▼ 66.3%
Taxes, remuneration and social security45-€54€54€20,976--
Taxes450/3-€54€54€20,976--
Other amounts payable47/48€9,500€9,500€25,000€70,000€84,847▲ 21.2%
Line20212022202320242025Change
Profit (loss) for the period9904-€7,552€23,051-€30,607-€42,041€30,890▲ 173%
+ Depreciation and write-downs630€314€347€8,594€12,812€10,139▼ 20.9%
Operating cash flow (approximation)-€7,238€23,398-€22,012-€29,229€41,029▲ 240%
Investment in fixed assets (approximation)-€0-€229,367-€60,912-€1,234▲ 98.0%
Change in cash-€45,678-€39,814-€13,687€174▲ 101%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €30,890
Net result €30,890 after 2 loss-making years.
24-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 24 days late
2024
31-12
Financial Weakest financial yearnet -€42,041
Net result drops to -€42,041, the lowest in the series; recovery starts the following year.
01-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial Back to profitnet €23,051
Net result €23,051 after 2 loss-making years.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
21-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

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.

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Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Chaudfontaine · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
2,155 m²
Building footprint
240 m²
Volume, LiDAR
1,022 m³
2 parcels, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
SOL-IMMO
Rue de Liège 3, 4530 Villers-le-BouilletConstruction of residential and non-residential buildings
since 20202.302.015.381
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
61074C0008/00E000 Wallonia 1,288 m² 1 · 90 m² -
62022C0024/00N000 Wallonia 866 m² 1 · 150 m² 8.8 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. CHASSIS LIEGEOIS 66%
  2. SOL-IMMO

Highest known parent: CHASSIS LIEGEOIS. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 7,326 companies in sector 68110 we hold annual accounts for 5,390. 1,727 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded30-04-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43310Plastering work
43410Roofing work
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.