SOL-IT
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 30-06-2026 at the NBB all 16 filings
Equity
€5,756▼ 55.0%
2024 · €12,796
Total assets
€38,528▼ 7.3%
2024 · €41,572
Net result
-€7,040▼ 96.5%
2024 · -€3,582
Working capital
-€21,379▼ 58.7%
2024 · -€13,472
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€7,493
▼ 90.5%
2025
20182025
Net result
-€7,040
▼ 96.5%
2025
lowest quarter of the sector
20182025
Equity
€5,756
▼ 55.0%
2025
lowest quarter of the sector
20182025
Total assets
€38,528
▼ 7.3%
2025
lowest quarter of the sector
20182025
Debt
€32,772
▲ 13.9%
2025
20182025
Working capital
-€21,379
▼ 58.7%
2025
lowest quarter of the sector
20182025
Solvency
14.9%
▼ 15.8pp
2025
lowest quarter of the sector
20182025
Current ratio
0.35
▼ 0.18
2025
lowest quarter of the sector
20182025
Return on assets (ROA)
-18.3%
▼ 9.7pp
2025
lowest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€5,467--€2,489▲ 54.5%-€2,216▲ 10.9%-€7,354▼ 232%-€6,617▲ 10.0%-€8,388▼ 26.8%-€3,933▲ 53.1%-€7,493▼ 90.5%
Net result-€5,988--€2,560▲ 57.2%-€2,174below the sector's middle half▲ 15.1%-€3,923below the sector's middle half▼ 80.5%-€6,597below the sector's middle half▼ 68.2%-€8,082below the sector's middle half▼ 22.5%-€3,582below the sector's middle half▲ 55.7%-€7,040below the sector's middle half▼ 96.5%
Equity€39,714-€37,154▼ 6.4%€34,980within the sector's middle half▼ 5.9%€31,057within the sector's middle half▼ 11.2%€24,460below the sector's middle half▼ 21.2%€16,378below the sector's middle half▼ 33.0%€12,796below the sector's middle half▼ 21.9%€5,756below the sector's middle half▼ 55.0%
Total assets€75,009-€73,590▼ 1.9%€72,192within the sector's middle half▼ 1.9%€66,732below the sector's middle half▼ 7.6%€77,604within the sector's middle half▲ 16.3%€50,857below the sector's middle half▼ 34.5%€41,572below the sector's middle half▼ 18.3%€38,528below the sector's middle half▼ 7.3%
Debt€35,295-€36,437▲ 3.2%€37,211▲ 2.1%€35,675▼ 4.1%€53,144▲ 49.0%€34,479▼ 35.1%€28,777▼ 16.5%€32,772▲ 13.9%
Working capital€39,714-€36,698▼ 7.6%€33,222within the sector's middle half▼ 9.5%€3,810below the sector's middle half▼ 88.5%-€2,236below the sector's middle half-€9,889below the sector's middle half▼ 342%-€13,472below the sector's middle half▼ 36.2%-€21,379below the sector's middle half▼ 58.7%
Solvency52.9%-50.5%▼ 2.5pp48.5%within the sector's middle half▼ 2.0pp46.5%within the sector's middle half▼ 1.9pp31.5%below the sector's middle half▼ 15.0pp32.2%below the sector's middle half▲ 0.7pp30.8%below the sector's middle half▼ 1.4pp14.9%below the sector's middle half▼ 15.8pp
Current ratio2.13-2.01▼ 0.121.89within the sector's middle half▼ 0.111.11below the sector's middle half▼ 0.790.96below the sector's middle half▼ 0.150.71below the sector's middle half▼ 0.240.53below the sector's middle half▼ 0.180.35below the sector's middle half▼ 0.18
Return on assets (ROA)-8.0%--3.5%▲ 4.5pp-3.0%below the sector's middle half▲ 0.5pp-5.9%below the sector's middle half▼ 2.9pp-8.5%below the sector's middle half▼ 2.6pp-15.9%below the sector's middle half▼ 7.4pp-8.6%below the sector's middle half▲ 7.3pp-18.3%below the sector's middle half▼ 9.7pp
above
within
below
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €7,493, larger than the loss of €3,933 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €38,528
Fixed assets
€27,135 ▲ 3.3%
Current assets
€11,393 ▼ 25.6%
Equity and liabilities €38,528
Equity
€5,756 ▼ 55.0%
Debt
€32,772 ▲ 13.9%
Debt's share of the balance-sheet total rises from 69.2% to 85.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€7,059
Cash flow
-€6,606
Debt to equity
5.69▲
2024 · 2.25
ROE
-122.3%▼
2024 · -28.0%
Interest coverage
-113.28
Debt ≤ 1 year
€32,772▲
2024 · €28,777
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €1,301 |
| Financial fixed assets | €26,267 | - | - | - | - |
| Depreciation and write-downs of the year | €779 | €551 | €429 | - | €434 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €228 | €350 | €779 | €551 | €429 | - | €434 | - |
| Other operating charges640/8 | - | - | - | €635 | €637 | €741 | €703 | €664 | ▼ 5.5% |
| Gross operating margin9900 | -€5,235 | -€2,026 | -€1,630 | -€5,940 | -€5,430 | -€7,217 | -€3,230 | -€6,395 | ▼ 98.0% |
| Operating profit (loss)9901 | -€5,467 | -€2,489 | -€2,216 | -€7,354 | -€6,617 | -€8,388 | -€3,933 | -€7,493 | ▼ 90.5% |
| Financial income75/76B | - | - | - | €3,477 | €292 | €342 | €400 | €516 | ▲ 28.9% |
| Recurring financial income75 | €292 | - | €102 | €1,787 | €292 | €342 | €400 | €516 | ▲ 28.9% |
| Non-recurring financial income76B | - | - | - | €1,691 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €47 | €114 | €37 | €49 | €62 | ▲ 25.9% |
| Recurring financial charges65 | €813 | €72 | €60 | €47 | €114 | €37 | €49 | €62 | ▲ 25.9% |
| Profit (loss) for the period before taxes9903 | -€5,988 | -€2,560 | -€2,174 | -€3,923 | -€6,439 | -€8,082 | -€3,582 | -€7,040 | ▼ 96.5% |
| Income taxes67/77 | - | - | - | - | €158 | - | - | - | - |
| Profit (loss) for the period9904 | -€5,988 | -€2,560 | -€2,174 | -€3,923 | -€6,597 | -€8,082 | -€3,582 | -€7,040 | ▼ 96.5% |
| Profit (loss) for the period to be appropriated9905 | -€5,988 | -€2,560 | -€2,174 | -€3,923 | -€6,597 | -€8,082 | -€3,582 | -€7,040 | ▼ 96.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €75,009 | €73,590 | €72,192 | €66,732 | €77,604 | €50,857 | €41,572 | €38,528 | ▼ 7.3% |
| Fixed assets21/28 | - | €456 | €1,758 | €27,247 | €26,696 | €26,267 | €26,267 | €27,135 | ▲ 3.3% |
| Tangible fixed assets22/27 | - | €456 | €1,758 | €980 | €429 | - | - | €867 | - |
| Furniture and vehicles24 | - | - | - | €980 | €429 | - | - | €867 | - |
| Financial fixed assets28 | - | - | - | €26,267 | €26,267 | €26,267 | €26,267 | €26,267 | = |
| Current assets29/58 | €75,009 | €73,134 | €70,434 | €39,486 | €50,908 | €24,589 | €15,305 | €11,393 | ▼ 25.6% |
| Amounts receivable within one year40/41 | €32,780 | €31,171 | €28,966 | €28,393 | €36,432 | €1,452 | €4,355 | €571 | ▼ 86.9% |
| Trade receivables40 | - | - | - | €27,872 | €35,744 | - | €2,395 | - | - |
| Other amounts receivable41 | - | - | - | €521 | €687 | €1,452 | €1,960 | €571 | ▼ 70.9% |
| Current investments50/53 | €26,010 | €26,010 | €26,010 | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €16,219 | €15,953 | €15,457 | €10,999 | €14,351 | €23,138 | €10,950 | €10,823 | ▼ 1.2% |
| Deferred charges and accrued income490/1 | - | - | - | €93 | €125 | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €75,009 | €73,590 | €72,192 | €66,732 | €77,604 | €50,857 | €41,572 | €38,528 | ▼ 7.3% |
| Equity10/15 | €39,714 | €37,154 | €34,980 | €31,057 | €24,460 | €16,378 | €12,796 | €5,756 | ▼ 55.0% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €39,956 | €39,956 | €39,956 | €39,956 | €39,956 | €39,956 | €39,956 | €39,956 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €38,096 | €38,096 | €38,096 | €38,096 | €38,096 | = |
| Profit (loss) carried forward14 | -€18,842 | -€21,402 | -€23,575 | -€27,498 | -€34,096 | -€42,178 | -€45,760 | -€52,800 | ▼ 15.4% |
| Amounts payable17/49 | €35,295 | €36,437 | €37,211 | €35,675 | €53,144 | €34,479 | €28,777 | €32,772 | ▲ 13.9% |
| Amounts payable within one year42/48 | €35,295 | €36,437 | €37,211 | €35,675 | €53,144 | €34,479 | €28,777 | €32,772 | ▲ 13.9% |
| Trade debts44 | €990 | €719 | €1,793 | €800 | €14,653 | €469 | €494 | €667 | ▲ 34.8% |
| Suppliers440/4 | - | - | - | €800 | €14,653 | €469 | €494 | €667 | ▲ 34.8% |
| Taxes, remuneration and social security45 | - | - | - | €625 | €386 | - | - | - | - |
| Taxes450/3 | - | - | - | €625 | €386 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €34,250 | €38,105 | €34,010 | €28,282 | €32,105 | ▲ 13.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,988 | -€2,560 | -€2,174 | -€3,923 | -€6,597 | -€8,082 | -€3,582 | -€7,040 | ▼ 96.5% |
| + Depreciation and write-downs630 | - | €228 | €350 | €779 | €551 | €429 | - | €434 | - |
| Operating cash flow (approximation) | -€5,988 | -€2,332 | -€1,824 | -€3,144 | -€6,047 | -€7,653 | -€3,582 | -€6,606 | ▼ 84.4% |
| Investment in fixed assets (approximation) | - | - | -€1,652 | -€26,267 | €0 | €0 | €0 | -€1,301 | - |
| Change in cash | - | -€266 | -€496 | -€4,458 | €3,351 | €8,787 | -€12,187 | -€128 | ▲ 99.0% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-06-2026 | 2026-00220993 | |
| 31-12-2024 | micro format | 04-07-2025 | 2025-00228188 | |
| 31-12-2023 | micro format | 24-07-2024 | 2024-00276435 | |
| 31-12-2022 | micro format | 29-06-2023 | 2023-00171368 | |
| 31-12-2021 | micro format | 19-08-2022 | 2022-20297049 | |
| 31-12-2020 | micro format | 28-12-2021 | 2021-82000055 | |
| 31-12-2019 | micro format | 02-10-2020 | 2020-58300527 | |
| 31-12-2018 | micro format | 23-08-2019 | 2019-50400197 | |
| 31-12-2017 | micro format | 24-08-2018 | 2018-50100409 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-56900465 |