SOLAGA
ActiveSummary
SOLAGA has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€189,840) and a net result of -€6,108. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 5% of 681 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Age of the figures
Age of the figures
12 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Publishing activities (NACE 58)
about 30% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€189,840
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
21 d late
2022
30 d late
2021
33 d late
2020
25 d late
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€189,840▼ 3.3%
2024 · -€183,732
Total assets
€3,971▼ 38.0%
2024 · €6,400
Net result
-€6,108
2024 · €3,366
Working capital
-€189,840▼ 3.3%
2024 · -€183,732
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€6,862▲ 17.7%€14,987-€6,027€3,415-€5,765
Net result-€7,104▲ 19.6%€14,577-€6,785€3,366-€6,108
Equity-€194,890▼ 3.8%-€180,313▲ 7.5%-€187,098▼ 3.8%-€183,732▲ 1.8%-€189,840▼ 3.3%
Total assets€4,454▲ 25.6%€13,667▲ 207%€3,075▼ 77.5%€6,400▲ 108%€3,971▼ 38.0%
Debt€199,344▲ 4.2%€193,980▼ 2.7%€190,173▼ 2.0%€190,131=€193,811▲ 1.9%
Working capital-€194,890▼ 3.8%-€180,313▲ 7.5%-€187,098▼ 3.8%-€183,732▲ 1.8%-€189,840▼ 3.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5,765 after €3,415 in 2024.
Key figures and ratios
Debt ≤ 1 year
€193,811▲
2024 · €190,131
Ratios withheld: a balance sheet total of €3,971 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €250 | - | - | - |
| Other operating charges640/8 | €905 | €1,185 | €215 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | -€5,957 | €16,172 | -€5,811 | €3,799 | -€5,378 | ▼ 242% |
| Operating profit (loss)9901 | -€6,862 | €14,987 | -€6,027 | €3,415 | -€5,765 | ▼ 269% |
| Financial charges65/66B | €242 | €410 | €759 | €48 | €344 | ▲ 614% |
| Recurring financial charges65 | €242 | €410 | €759 | €48 | €344 | ▲ 614% |
| Profit (loss) for the period before taxes9903 | -€7,104 | €14,577 | -€6,785 | €3,366 | -€6,108 | ▼ 281% |
| Profit (loss) for the period9904 | -€7,104 | €14,577 | -€6,785 | €3,366 | -€6,108 | ▼ 281% |
| Profit (loss) for the period to be appropriated9905 | -€7,104 | €14,577 | -€6,785 | €3,366 | -€6,108 | ▼ 281% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4,454 | €13,667 | €3,075 | €6,400 | €3,971 | ▼ 38.0% |
| Current assets29/58 | €4,454 | €13,667 | €3,075 | €6,400 | €3,971 | ▼ 38.0% |
| Stocks and contracts in progress3 | €1,943 | €1,943 | €1,943 | €1,943 | €1,943 | = |
| Stocks30/36 | €1,943 | €1,943 | €1,943 | €1,943 | €1,943 | = |
| Amounts receivable within one year40/41 | €2,012 | €10,539 | €1,021 | €4,457 | €1,894 | ▼ 57.5% |
| Trade receivables40 | - | €9,916 | - | €3,834 | €1,150 | ▼ 70.0% |
| Other amounts receivable41 | €2,012 | €623 | €1,021 | €623 | €744 | ▲ 19.4% |
| Cash at bank and in hand54/58 | €123 | €962 | €112 | - | €134 | - |
| Deferred charges and accrued income490/1 | €376 | €223 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4,454 | €13,667 | €3,075 | €6,400 | €3,971 | ▼ 38.0% |
| Equity10/15 | -€194,890 | -€180,313 | -€187,098 | -€183,732 | -€189,840 | ▼ 3.3% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€213,490 | -€198,913 | -€205,698 | -€202,332 | -€208,440 | ▼ 3.0% |
| Amounts payable17/49 | €199,344 | €193,980 | €190,173 | €190,131 | €193,811 | ▲ 1.9% |
| Amounts payable within one year42/48 | €199,344 | €193,980 | €190,173 | €190,131 | €193,811 | ▲ 1.9% |
| Financial debts43 | - | - | - | €240 | - | - |
| Credit institutions430/8 | - | - | - | €240 | - | - |
| Trade debts44 | €3,020 | - | €4,155 | €2,408 | €2,629 | ▲ 9.2% |
| Suppliers440/4 | €3,020 | - | €4,155 | €2,408 | €2,629 | ▲ 9.2% |
| Taxes, remuneration and social security45 | - | €2,556 | - | €318 | €400 | ▲ 25.8% |
| Taxes450/3 | - | €2,556 | - | €318 | - | - |
| Remuneration and social security454/9 | - | - | - | - | €400 | - |
| Other amounts payable47/48 | €196,324 | €191,424 | €186,018 | €187,166 | €190,782 | ▲ 1.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,104 | €14,577 | -€6,785 | €3,366 | -€6,108 | ▼ 281% |
| Operating cash flow (approximation) | -€7,104 | €14,577 | -€6,785 | €3,366 | -€6,108 | ▼ 281% |
| Change in cash | - | €839 | -€850 | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €3,366
Net result €3,366 after one loss-making year.
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-09
Financial
Back to profitnet €14,577
Net result €14,577 after 3 loss-making years.
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 33 days late
2021
25-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
27-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
30-09
Financial
Weakest financial yearnet -€11,922
Net result drops to -€11,922, the lowest in the series; recovery starts the following year.
22-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 73 days late
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
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, Sint-Pieters-Woluwe · 1 establishment unit since 2004
Ground area
3,569 m²
Building footprint
1,556 m²
Volume, LiDAR
24,506 m³
Parcel 21019A0215/00Y013, Brussels · tallest building 21.1 m, ±5 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
B4B
since 20042.138.692.127
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21019A0215/00Y013 | Brussels | 3,569 m² | 1 · 1,556 m² | 21.1 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 718 companies in sector 58190 we hold annual accounts for 214. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded10-05-2004
Fiscal year end30-09
Activities, NACEBEL 2025
58190Other publishing activities, excluding software publishing
Scores and ratios are computed by Checked and are not a credit decision.