Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Eight of the last ten came late. The 2017 accounts came latest: 73 days after the end of the period.
Lower solvency than 95% of companies in publishing. Sector median 49.9% · 904 companies.
In July 2024, 6,618 companies had the same profile as SOLAGA has now. Each dot stands for 17 companies, two years later.
Another 1.0% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,618 companies, not a prediction for SOLAGA. 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.
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.
| Company | ||||
|---|---|---|---|---|
| SOLAGA Woluwe-Saint-Pierre | €3,971 | -€5,378 | -4781.1% | - |
| GEMO EDITIONS Waterloo | €7,331 | -€2,821 | -111.6% | - |
| LE CARRE GOMAND Lasne | €5,723 | €2,064 | -134.3% | - |
| BD CONSULT Soignies | €8,839 | €1,728 | -310.9% | - |
| I see Petyourbook.com Beveren-Kruibeke-Zwijndrecht | €9,725 | -€1,479 | -303.3% | - |
| PHILIPPE DARDENNE DESIGN OFFICE Waterloo | €10,976 | -€28,343 | -460.5% | - |
| FRITZ DESIGN Hoogstraten | €9,936 | -€4,549 | -1830.8% | - |
These companies have the same main activity as SOLAGA: other publishing activities, excluding software publishing (NACE 58190). They are comparable in size and age: total assets between €5,720 and €11,000, founded between 1995 and 2011.
SOLAGA files the micro format. That format states no turnover. The gross margin fell from -€812 in 2006 to -€5,378 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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