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
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a loss of €7,493, larger than the loss of €3,933 in 2024.
Operating result-€7,493
2025
Net result-€7,040
2025
Total assets€38,528
2025
Equity€5,756
2025
Debt€32,772
2025
Working capital-€21,379
2025
Return on assets (ROA)-18.3%
2025
Solvency14.9%
2025
Current ratio0.35
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
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 dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
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.
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 |