Equity
SOLAF has made a profit in every financial year since 2008.
SOLAF has made a profit in every financial year since 2008.
The result rose in 2025 from €1.2m to €2.3m.
€5.5m of the debts are secured on the company's own assets. In 2022 that was €2.9m.
Green is investment, beige is depreciation.
In 2025, 11 people joined and 6 left.
Four of the last ten came late. The 2023 accounts came latest: 82 days after the end of the period.
The dashed line is the sector median: 0.2% across 4,374 companies (NACE 46, small).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 33% of them on solvency, 25% on liquidity, 53% on profitability and 92% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 2,609 companies had the same profile as SOLAF has now. Each dot stands for 7 companies, two years later.
That fits the bankruptcy probability of SOLAF itself: 0.2% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,609 companies, not a prediction for SOLAF. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 1.51 (1.33 in 2024), above the usual 1.5. Short-term debt is 59.5% and cash 6.1% of total assets. However, 71.4% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 8 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| SOLAF Puurs-Sint-Amands | €178.8m | 1.7% | 28.6% | 26.1 |
| AUTO MOTORS RENT Genappe | €90.0m | 2.9% | 17.7% | 17.7 |
| KRIS VERELLEN Geel | €59.1m | 3.8% | 63.6% | 42.6 |
| FMA Wijnegem | €44.4m | 3.8% | 32.9% | 21.2 |
| A&M QUC Genk | €68.4m | 1.8% | 0.1% | 17.2 |
| WESTON Aarschot | €192.1m | 0.3% | 28.3% | 18.3 |
| CARCONNEX Tienen | €126.4m | 1.6% | 48.7% | 11.8 |
Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as SOLAF: wholesale of cars and light vans (up to 3.5 tonnes) (NACE 46711). They are comparable in size and age: total assets between €11m and €39m, founded between 2001 and 2009.
SOLAF has existed since 2007. In 2015 the gross margin rose from €54,843 to €176,741 and staff from 0.4 to 0.6 full-time equivalents.
MAN-ENGINE holds 67% of the shares. In December 2022, three directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 32% of 6,192 companies in 2025.
Higher than 40% of 6,112 companies in 2025.
Higher than 85% of 6,176 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: top quarter · Staff: middle half
15.3 men and 10.8 women in full-time equivalents in 2025.
Men €75,255, women €69,859 per full-time equivalent. Jobs differ, so this is not a pay gap.
In 2025, 11 people joined and 6 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||
20/58 |
17.9m | 14.7m | 11.4m | 7.0m | 5.6m | 5.1m | 3.1m | 2.9m | 1.9m | 1.7m | 987,501 | 722,287 | 624,794 | 523,602 | 328,643 | 200,755 | 144,285 | 83,706 | |
21/28 |
1.8m | 1.2m | 895,640 | 522,296 | 508,661 | 263,619 | 222,684 | 124,955 | 105,852 | 113,909 | 104,456 | 9,955 | 13,958 | 16,633 | 30,528 | 9,954 | 9,724 | 4,775 | |
21 |
- | - | - | - | - | - | - | - | 738 | 1,476 | 2,214 | 2,952 | - | - | - | - | - | - | |
22/27 |
1.8m | 1.2m | 894,165 | 520,722 | 507,187 | 262,256 | 222,321 | 124,592 | 104,751 | 101,212 | 95,778 | 6,402 | 13,473 | 16,148 | 30,493 | 9,919 | 9,689 | 4,740 | |
23 |
18,638 | 53,926 | 11,548 | 15,107 | 18,701 | 20,032 | 2,010 | - | - | 156 | 312 | 469 | 694 | 138 | 207 | 276 | - | - | |
24 |
900,996 | 394,647 | 417,754 | 304,097 | 255,620 | 183,939 | 172,352 | 123,745 | 103,693 | 99,786 | 93,983 | 4,240 | 10,874 | 16,010 | 30,286 | 9,643 | 9,689 | 4,740 | |
25 |
124,828 | 24,389 | 101,809 | 140,709 | 179,609 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
26 |
746,770 | 702,792 | 42,591 | 50,507 | 53,257 | 58,285 | 47,959 | 847 | 1,058 | 1,270 | 1,482 | 1,693 | 1,905 | - | - | - | - | - | |
27 |
- | - | 320,464 | 10,301 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
28 |
51,610 | 1,475 | 1,475 | 1,575 | 1,475 | 1,363 | 363 | 363 | 363 | 11,220 | 6,464 | 601 | 485 | 485 | 35 | 35 | 35 | 35 | |
280/1 |
50,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
280 |
50,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
284/8 |
1,610 | 1,475 | 1,475 | 1,575 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
285/8 |
1,610 | 1,475 | 1,475 | 1,575 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
16.0m | 13.6m | 10.5m | 6.5m | 5.0m | 4.9m | 2.8m | 2.8m | 1.8m | 1.6m | 883,045 | 712,331 | 610,836 | 506,969 | 298,115 | 190,801 | 134,561 | 78,931 | |
3 |
10.0m | 8.4m | 5.0m | 4.6m | 3.0m | 3.0m | 1.9m | 2.1m | 1.5m | 1.2m | 476,227 | 484,092 | 384,221 | 227,725 | 143,030 | 110,890 | 21,790 | 10,275 | |
30/36 |
10.0m | 8.4m | 5.0m | 4.6m | 3.0m | 3.0m | 1.9m | 2.1m | 1.5m | 1.2m | 476,227 | 484,092 | 384,221 | 227,725 | 143,030 | 110,890 | 21,790 | 10,275 | |
34 |
9.0m | 8.4m | 4.7m | 4.2m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
36 |
950,717 | - | 244,636 | 439,389 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
4.7m | 3.7m | 2.8m | 1.7m | 1.0m | 1.2m | 844,484 | 513,677 | 229,615 | 279,473 | 250,506 | 132,870 | 170,096 | 195,341 | 93,730 | 74,448 | 77,036 | 32,348 | |
40 |
1.4m | 362,872 | 244,411 | 208,960 | 127,071 | 598,797 | 399,304 | 76,690 | 61,524 | 22,467 | 131,673 | 63,550 | 29,000 | 24,304 | 12,468 | - | 43,224 | 6,550 | |
41 |
3.2m | 3.4m | 2.5m | 1.5m | 874,690 | 568,771 | 445,180 | 436,987 | 168,092 | 257,006 | 118,832 | 69,320 | 141,096 | 171,037 | 81,262 | 74,448 | 33,812 | 25,798 | |
54/58 |
1.1m | 1.4m | 2.7m | 218,372 | 1.0m | 646,026 | 120,504 | 126,918 | 5,982 | 88,445 | 156,313 | 95,163 | 56,101 | 83,128 | 59,167 | 5,216 | 35,691 | 36,308 | |
490/1 |
264,672 | 23,538 | 39,044 | 18,387 | 28,779 | 8,594 | 12,549 | 4,440 | 7,921 | 3,970 | - | 207 | 419 | 776 | 2,188 | 247 | 44 | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||
10/49 |
17.9m | 14.7m | 11.4m | 7.0m | 5.6m | 5.1m | 3.1m | 2.9m | 1.9m | 1.7m | 987,501 | 722,287 | 624,794 | 523,602 | 328,643 | 200,755 | 144,285 | 83,706 | |
10/15 |
5.1m | 3.9m | 3.0m | 1.9m | 1.5m | 1.1m | 727,948 | 441,495 | 325,258 | 241,942 | 151,589 | 81,293 | 68,769 | 59,164 | 34,914 | 21,914 | 16,500 | 15,990 | |
10/11 |
12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 6,100 | 6,100 | 6,100 | 6,100 | 6,100 | 6,100 | 6,100 | 6,100 | 6,100 | 6,100 | 6,100 | 6,100 | |
13 |
1.0m | 1.2m | 1.3m | 799,890 | 829,890 | 673,590 | 424,140 | 151,860 | 61,860 | 31,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,121 | 471 | 200 | 174 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,121 | 471 | 200 | 174 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
538,453 | 793,705 | 851,700 | 383,216 | 451,030 | 324,730 | 135,280 | - | - | - | - | - | - | - | - | - | - | - | |
133 |
475,625 | 414,814 | 414,814 | 414,814 | 377,000 | 347,000 | 287,000 | 150,000 | 60,000 | 30,000 | - | - | - | - | - | - | - | - | |
14 |
4.1m | 2.7m | 1.7m | 1.1m | 680,424 | 423,456 | 291,308 | 277,135 | 250,898 | 197,582 | 137,229 | 66,933 | 54,409 | 44,804 | 21,294 | 8,944 | 3,800 | 3,315 | |
17/49 |
12.7m | 10.8m | 8.4m | 5.2m | 4.0m | 4.0m | 2.3m | 2.4m | 1.5m | 1.4m | 835,912 | 640,994 | 556,025 | 464,438 | 293,728 | 178,841 | 127,785 | 67,717 | |
17 |
1.9m | 460,141 | 902,863 | 948,538 | 1.2m | 1.4m | 837,397 | 1.0m | 877,011 | 786,334 | 23,349 | - | - | - | - | - | - | - | |
170/4 |
440,620 | 13,885 | 448,193 | 368,180 | 613,251 | 782,025 | 228,228 | 367,881 | 266,780 | 234,181 | 23,349 | - | - | - | - | - | - | - | |
172 |
64,550 | 13,885 | 28,019 | 58,199 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
173 |
376,070 | - | 420,175 | 309,981 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
178/9 |
1.4m | 446,256 | 454,670 | 580,358 | 625,314 | 630,496 | 609,168 | 643,656 | 610,230 | 552,153 | - | - | - | - | - | - | - | - | |
42/48 |
10.6m | 10.2m | 7.4m | 4.2m | 2.8m | 2.6m | 1.5m | 1.4m | 657,462 | 632,611 | 806,579 | 638,750 | 543,812 | 463,435 | 292,878 | 177,371 | 126,935 | 67,717 | |
42 |
188,108 | 28,671 | 263,418 | 253,293 | 313,500 | 254,057 | 159,742 | 170,374 | 94,269 | 79,848 | 49,984 | - | - | - | 50,000 | 50,000 | 50,000 | - | |
43 |
5.6m | 7.1m | 5.2m | 2.8m | 1.9m | 1.6m | 1.1m | 1.1m | 251,216 | 250,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,100 | 22,141 | - | - | |
430/8 |
5.5m | 6.8m | 5.1m | 2.7m | 1.8m | 1.6m | 1.1m | 1.1m | 251,216 | 250,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,100 | 22,141 | - | - | |
439 |
100,722 | 277,605 | 152,828 | 118,572 | 120,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
44 |
2.9m | 522,290 | 266,473 | 468,912 | 192,856 | 479,991 | 92,456 | 39,539 | 192,094 | 89,197 | 62,784 | 20,364 | 42,428 | 45,624 | 9,946 | 13,848 | 3,382 | - | |
440/4 |
2.9m | 522,290 | 266,473 | 468,912 | 192,856 | 479,991 | 92,456 | 39,539 | 192,094 | 89,197 | 62,784 | 20,364 | 42,428 | 45,624 | 9,946 | 13,848 | 3,382 | - | |
46 |
248,229 | 1.2m | 955,399 | 39,010 | - | - | - | 3,200 | - | 60,890 | - | - | - | - | - | - | - | - | |
45 |
163,802 | 146,382 | 288,167 | 227,540 | 132,489 | 118,938 | 67,341 | 111,244 | 92,841 | 79,261 | 41,637 | 16,867 | 9,596 | 17,464 | 15,490 | 5,690 | 1,290 | - | |
450/3 |
109 | 68 | 47,887 | 33,556 | 29,406 | 39,251 | 14,972 | 78,008 | 66,318 | 67,064 | 38,941 | 15,761 | 8,110 | 17,464 | 15,490 | 5,690 | 1,290 | - | |
454/9 |
163,694 | 146,314 | 240,280 | 193,984 | 103,083 | 79,687 | 52,369 | 33,236 | 26,523 | 12,197 | 2,695 | 1,106 | 1,486 | - | - | - | - | - | |
47/48 |
1.5m | 1.2m | 459,463 | 399,979 | 178,528 | 104,946 | 116,214 | 47,386 | 27,042 | 73,415 | 527,174 | 476,519 | 366,789 | 275,347 | 92,343 | 85,692 | 72,263 | 67,717 | |
492/3 |
273,557 | 134,154 | 28,907 | 55,770 | 35,094 | 20,364 | 3,375 | 4,020 | 7,522 | 17,416 | 5,984 | 2,244 | 12,213 | 1,004 | 850 | 1,469 | 850 | - | |
| Income statement | |||||||||||||||||||
70/76A |
179.0m | 132.0m | 83.8m | 55.6m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
70 |
178.8m | 131.9m | 83.7m | 55.6m | - | - | - | - | - | - | - | - | - | - | - | - | - | 964,766 | |
71 |
-20,906 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
74 |
239,069 | 157,447 | 46,396 | 12,764 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
76A |
- | - | - | - | - | - | - | 4,586 | 1,502 | 850 | - | 250 | - | 6,700 | - | - | - | - | |
9900 |
- | - | - | - | 1.4m | 1.0m | 819,902 | 431,290 | 343,814 | 286,193 | 176,741 | 54,843 | 41,295 | 58,870 | 39,630 | 24,495 | 10,838 | 7,979 | |
60/66A |
175.9m | 130.2m | 82.2m | 54.9m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 956,787 | |
60 |
167.4m | 123.5m | 78.2m | 52.2m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
600/8 |
168.0m | 126.9m | 78.8m | 53.4m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
609 |
-595,285 | -3.5m | -578,926 | -1.2m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
61 |
6.3m | 4.8m | 2.3m | 1.6m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
62 |
1.9m | 1.7m | 1.4m | 920,396 | 681,390 | 384,916 | 294,189 | 188,013 | 140,786 | 59,336 | 25,754 | 16,959 | 6,562 | - | - | - | - | - | |
630 |
293,362 | 147,900 | 138,630 | 121,459 | 78,228 | 49,896 | 38,089 | 33,794 | 36,108 | 30,326 | 26,707 | 4,133 | 5,574 | 5,503 | 8,356 | 2,855 | 7,313 | 4,739 | |
631/4 |
- | - | - | - | - | - | - | - | - | 31,000 | - | - | - | - | - | - | - | - | |
640/8 |
51,113 | 43,151 | 46,933 | 22,819 | 31,006 | 15,695 | 13,949 | 8,246 | 12,249 | 10,634 | 4,878 | 4,070 | 2,296 | 11,842 | 2,098 | 8,821 | 1,014 | 431 | |
66A |
- | - | - | - | - | - | - | - | - | 1,016 | - | 484 | - | - | - | - | - | - | |
9901 |
3.1m | 1.8m | 1.6m | 783,860 | 626,528 | 582,895 | 473,675 | 201,237 | 154,671 | 153,881 | 119,401 | 29,681 | 26,863 | 41,525 | 29,177 | 12,819 | 2,510 | 2,809 | |
75/76B |
62,934 | 5,288 | 1,962 | 4,035 | 2,479 | 549 | 1,058 | 8,723 | 2,213 | 1,616 | 286 | 73 | 300 | 21 | 15 | 8 | 21 | 50 | |
75 |
62,934 | 5,288 | 1,962 | 4,035 | 2,479 | 549 | 1,058 | 4,138 | 2,213 | 1,616 | 286 | 73 | 300 | 21 | 15 | 8 | 21 | 50 | |
750 |
48,145 | 3,106 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
752/9 |
14,789 | 2,183 | 1,962 | 4,035 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
76B |
- | - | - | - | - | - | - | 4,586 | - | - | - | - | - | - | - | - | - | - | |
65/66B |
390,130 | 383,226 | 272,163 | 128,429 | 99,190 | 71,000 | 66,283 | 40,739 | 16,311 | 17,072 | 12,086 | 9,341 | 10,847 | 7,992 | 6,391 | 889 | 206 | 155 | |
65 |
390,130 | 383,226 | 272,163 | 128,429 | 99,190 | 71,000 | 66,283 | 40,739 | 16,311 | 17,072 | 12,086 | 9,341 | 10,847 | 7,992 | 6,391 | 889 | 206 | 155 | |
650 |
344,742 | 341,071 | 241,051 | 111,367 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
652/9 |
45,389 | 42,155 | 31,112 | 17,062 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
2.8m | 1.5m | 1.3m | 659,466 | 529,817 | 512,444 | 408,450 | 169,222 | 140,573 | 138,426 | 107,601 | 20,179 | 16,315 | 40,254 | 22,801 | 11,938 | 2,325 | 2,705 | |
67/77 |
456,396 | 212,571 | 225,754 | 94,924 | 86,549 | 130,847 | 121,997 | 52,985 | 57,258 | 48,072 | 37,305 | 7,655 | 6,711 | 16,004 | 9,801 | 6,523 | 1,815 | 4 | |
670/3 |
461,431 | 212,571 | 229,000 | 99,001 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
77 |
5,035 | - | 3,246 | 4,077 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9904 |
2.3m | 1.2m | 1.1m | 564,542 | 443,268 | 381,597 | 286,453 | 116,237 | 83,316 | 90,354 | 70,296 | 12,524 | 9,604 | 24,250 | 13,000 | 5,414 | 510 | 2,701 | |
789 |
194,441 | 57,995 | 36,717 | 67,814 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
689 |
- | - | 505,200 | - | 126,300 | 189,450 | 135,280 | - | - | - | - | - | - | - | - | - | - | - | |
9905 |
2.5m | 1.3m | 639,699 | 632,356 | 316,968 | 192,147 | 151,173 | 116,237 | 83,316 | 90,354 | 70,296 | 12,524 | 9,604 | 24,250 | 13,000 | 5,414 | 510 | 2,701 | |
| Appropriation of the result | |||||||||||||||||||
9906 |
5.2m | 3.0m | 1.7m | 1.3m | 740,424 | 483,456 | 428,308 | 367,135 | 280,898 | 227,582 | 137,229 | 66,933 | 54,409 | 45,543 | 21,944 | 9,214 | 3,826 | 3,450 | |
14P |
2.7m | 1.7m | 1.1m | 680,424 | 423,456 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | 30,000 | 30,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
792 |
- | - | - | 30,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | 67,814 | 60,000 | 60,000 | 137,000 | 90,000 | 30,000 | 30,000 | - | - | - | 739 | 650 | 271 | 26 | 135 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 739 | 650 | 271 | 26 | 135 | |
6921 |
- | - | - | 67,814 | 60,000 | 60,000 | 137,000 | 90,000 | 30,000 | 30,000 | - | - | - | - | - | - | - | - | |
694/7 |
1.2m | 300,000 | - | 200,000 | 30,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
1.2m | 300,000 | - | 200,000 | 30,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||
9087 |
26.1 | 25.2 | 20.9 | 16.5 | 13.8 | 10.6 | 7 | 3.9 | 3.3 | 1.5 | 0.6 | 0.4 | 0.4 | - | - | - | - | - | |
Men (FTE)1003 |
15.3 | 13.9 | 12.6 | 9.9 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
Women (FTE)1003 |
10.8 | 11.3 | 8.3 | 6.6 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
Hours worked1013 |
42,782 | 41,645 | 36,073 | 27,120 | 23,824 | 14,853 | 11,959 | 6,904 | 5,526 | 3,087 | 1,227 | 725 | 276 | - | - | - | - | - | |
| Document | |||||||||||||||||||
The accounts for financial year 2007 were filed as a document without figures as data, a scan for example.
The notes to these accounts have 70 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 25-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 25-06-2026 | 2026-00197690 | |
| 31-12-2024 | full format | 09-07-2025 | 2025-00248733 | |
| 31-12-2023 | full format | 21-10-2024 | 2024-00511575 | |
| 31-12-2022 | full format | 18-08-2023 | 2023-00334262 | |
| 31-12-2021 | abbreviated format | 29-07-2022 | 2022-20275260 | |
| 31-12-2020 | abbreviated format | 14-07-2021 | 2021-35500281 | |
| 31-12-2019 | abbreviated format | 31-08-2020 | 2020-49900233 | |
| 31-12-2018 | abbreviated format | 29-08-2019 | 2019-56900225 | |
| 31-12-2017 | abbreviated format | 25-06-2018 | 2018-22600367 | |
| 31-12-2016 | abbreviated format | 30-06-2017 | 2017-26100241 | |
| 31-12-2015 | abbreviated format | 30-05-2016 | 2016-14000237 | |
| 31-12-2014 | abbreviated format | 05-06-2015 | 2015-15300450 | |
| 31-12-2013 | abbreviated format | 22-07-2014 | 2014-33400419 | |
| 31-12-2012 | abbreviated format | 08-07-2013 | 2013-28500191 | |
| 31-12-2011 | abbreviated format | 29-05-2012 | 2012-13700519 | |
| 31-12-2010 | abbreviated format | 15-06-2011 | 2011-16800068 | |
| 31-12-2009 | abbreviated format | 28-07-2010 | 2010-35700066 | |
| 31-12-2008 | abbreviated format | 01-06-2009 | 2009-18500369 | |
| 31-12-2007 | full format | 25-07-2008 | 2008-44900376 |
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 3 | €753 | €25,376 |
| 2024 | 1 | €0 | €25,000 |
| 2023 | 2 | €51,457 | €1,457 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3.4m | 2.0m | 1.7m | 905,320 | 704,756 | 632,792 | 511,764 | 235,030 | 190,779 | 184,208 | 146,108 | 33,814 | 32,436 | 47,028 | 37,532 | 15,674 | 9,824 | 7,548 | ||
| 2.6m | 1.4m | 1.2m | 686,002 | 521,496 | 431,494 | 324,543 | 150,031 | 119,424 | 120,680 | 97,003 | 16,657 | 15,178 | 29,753 | 21,356 | 8,270 | 7,824 | 7,440 | ||
| 1.1m | 677,439 | 679,836 | 167,263 | 469,445 | 115,498 | 171,594 | 74,864 | 53,909 | 75,697 | 121,208 | 3,806 | 2,898 | 13,341 | 37,378 | 12,169 | 12,262 | 35 | ||
| -273,398 | -1.3m | 2.4m | -790,722 | 363,067 | 525,523 | -6,414 | 120,936 | -82,464 | -67,867 | 61,150 | 39,062 | -27,027 | 23,961 | 53,951 | -30,475 | -617 | - | ||
| 5.4m | 3.4m | 3.0m | 2.4m | 2.3m | 2.3m | 1.3m | 1.3m | 1.1m | 931,783 | 76,466 | 73,581 | 67,024 | 43,535 | 5,236 | 13,430 | 7,626 | 11,214 | ||
| 1.7% | 1.4% | 1.9% | 1.4% | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.3% | ||
| 28.6% | 26.8% | 26.4% | 26.8% | 27.4% | 21.7% | 23.8% | 15.3% | 17.4% | 14.4% | 15.4% | 11.3% | 11.0% | 11.3% | 10.6% | 10.9% | 11.4% | 19.1% | ||
| 1.51 | 1.33 | 1.41 | 1.57 | 1.83 | 1.88 | 1.91 | 1.94 | 2.68 | 2.47 | 1.09 | 1.12 | 1.12 | 1.09 | 1.02 | 1.08 | 1.06 | 1.17 | ||
| 0.57 | 0.50 | 0.74 | 0.46 | 0.74 | 0.71 | 0.66 | 0.45 | 0.37 | 0.59 | 0.50 | 0.36 | 0.42 | 0.60 | 0.53 | 0.45 | 0.89 | 1.01 | ||
| 2.49 | 2.73 | 2.79 | 2.73 | 2.65 | 3.61 | 3.20 | 5.52 | 4.74 | 5.94 | 5.51 | 7.89 | 8.09 | 7.85 | 8.41 | 8.16 | 7.74 | 4.24 | ||
| 45.4% | 31.7% | 37.0% | 29.9% | 29.1% | 34.4% | 39.4% | 26.3% | 25.6% | 37.3% | 46.4% | 15.4% | 14.0% | 41.0% | 37.2% | 24.7% | 3.1% | 16.9% | ||
| 13.0% | 8.5% | 9.8% | 8.0% | 8.0% | 7.5% | 9.4% | 4.0% | 4.5% | 5.4% | 7.1% | 1.7% | 1.5% | 4.6% | 4.0% | 2.7% | 0.4% | 3.2% | ||
| 9.86 | 5.83 | 7.23 | 8.13 | 7.11 | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| 3 days | 1 day | 1 day | 1 day | - | - | - | - | - | - | - | - | - | - | - | - | - | 2 days | ||
| 6 days | 1 day | 1 day | 3 days | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 30 | 25 | 22 | 20 | 14 |
| full-time | 24 | 22 | 21 | 18 | 13 |
| part-time | 6 | 3 | 1 | 2 | 1 |
| in full-time equivalents | 28.7 | 24.4 | 21.8 | 19.6 | 13.5 |
| 26.1 | 25.2 | 20.9 | 16.5 | 13.8 | |
| On a permanent contract | 30 | 25 | 21 | 20 | 14 |
| Joined | 11 | 20 | 10 | 11 | 12 |
| Left | 6 | 17 | 8 | 5 | 10 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €5.5m | €6.8m | €5.6m | €2.9m | - |
| Debts guaranteed by Belgian public bodies | - | - | €5.1m | €2.2m | - |
| €11.6m | €8.5m | €5.8m | €2.9m | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1.0m | €677,439 | €679,836 | €167,263 | €469,334 |
| Financial fixed assets | €50,000 | - | - | - | €112 |
| €293,362 | €147,900 | €138,630 | €121,459 | €78,228 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The auditor is Baker Tilly Bedrijfsrevisoren.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Fee for the audit | €10,010 | €9,000 | €8,853 | €8,700 | - |
| Other work by the auditor | €6,087 | - | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
The operating result for 2025 is 69% higher than in 2024 and the highest since 2008. It is the 12th rise in a row, after the fall in 2013.
Debt's share of the balance-sheet total falls from 73.2% to 71.4%. Equity and debt are higher.
Source: list of holdings in the 2025 accounts of MAN-ENGINE. Every holding stands with its own latest accounts.
| Foresco BE
establishment since 01-05-2025 · founded in 1989 · group FORESCO |
455 FTE (2025) 0439.243.813 |
| NEOVIA LOGISTICS SERVICES INTERNATIONAL
registered office since 25-10-1999 · founded in 1994 |
189 FTE (2025) 0452.246.959 |
| Wheel Pros Belgium
registered office since 01-05-2022 · founded in 2021 · accounts filed late |
6 FTE (2024) 0775.850.045 |
| GROEP NEOVIA
registered office since 01-10-2013 |
founded in 2013 0538.473.922 |
| NEOVIA LOGISTICS SERVICES LLC
establishment since 29-08-1990 |
founded in 1990 0441.336.142 |
The network lets you explore the ties of SOLAF.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Schoonmansveld 1 registered office 2870 Puurs-Sint-Amands | 01-02-2018 | 2.283.133.342 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 12032C0447/00P000 | 8.5 ha | 1 · 3.5 ha | 11.0 m · 3 |
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