SOLAH
ActiveThe computed 12-month bankruptcy probability of SOLAH is 2.2% (moderate). The 2025 annual accounts show negative equity (€-31k) and a net result of €-4k. Equity is shrinking by ~136% per year across the filed fiscal years. Its solvency ranks better than 5% of 1036 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
26
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability0=
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
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.
Credit advice for your own amount and term
Signals
Seven 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
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
20212225
2020 to 2025 · latest year €-31k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
28 d late
2022
32 d late
2021
19 d late
2020
68 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-31k▼ 577%
2022 · €-5k
2020: €6k
2021: €-926
2022: €-5k
2020 → 2025
Total assets
€3k▼ 65.1%
2022 · €8k
2020: €9k
2021: €4k
2022: €8k
2020 → 2025
Net result
€-4k▼ 11.5%
2022 · €-4k
2020: €-4k
2021: €-7k
2022: €-4k
2020 → 2025
Working capital
€-33k▼ 188%
2022 · €-11k
2020: €5k
2021: €-1k
2022: €-11k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202120222025Trend
Equity€6k-€-926€-5k▼ 388%€-31k▼ 577%
Operating result€-4k-€-6k▼ 77.4%€-3k▲ 47.1%€-4k▼ 11.1%
Net result€-4k-€-7k▼ 81.2%€-4k▲ 44.9%€-4k▼ 11.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €-4k in 2025, compared with €-3k in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2022 as the grey bar beneath
Assets €3k
Fixed assets
€2k▼ 68.5%
Current assets
€774▼ 50.0%
Key figures and ratios
EBITDA
€-2k▲
2022 · €-2k
Cash flow
€-2k▲
2022 · €-2k
Interest coverage
-7.53▲
2022 · -9.19
Debt
€34k▲
2022 · €13k
Debt ≤ 1 year
€34k▲
2022 · €13k
Staff costs
€7k
Ratios withheld: a balance sheet total of €3k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2022
Balance sheet
Code20222025
Assets
Total assets20/58€8k€3k▼
Fixed assets21/28€7k€2k▼
Tangible fixed assets22/27€7k€2k▼
Furniture and vehicles24€7k€2k▼
Current assets29/58€2k€774▼
Amounts receivable within one year40/41€240-
Trade receivables40€240-
Cash at bank and in hand54/58€1k€774▼
Equity and liabilities
Total equity and liabilities10/49€8k€3k▼
Equity10/15€-5k€-31k▼
Contributions10/11€9k€9k=
Capital10€9k€9k=
Issued capital100€9k€9k=
Profit (loss) carried forward14€-14k€-40k▼
Amounts payable17/49€13k€34k▲
Amounts payable within one year42/48€13k€34k▲
Trade debts44€287€1k▲
Suppliers440/4€287€1k▲
Taxes, remuneration and social security45€682€18k▲
Taxes450/3€293€5k▲
Remuneration and social security454/9€389€12k▲
Other amounts payable47/48€12k€15k▲
Income statement
Code20222025
Remuneration, social security and pensions62-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€4k€456▼
Gross operating margin9900€2k€6k▲
Operating profit (loss)9901€-3k€-4k▼
Financial charges65/66B€223€264▲
Recurring financial charges65€223€264▲
Profit (loss) for the period before taxes9903€-4k€-4k▼
Profit (loss) for the period9904€-4k€-4k▼
Profit (loss) for the period to be appropriated9905€-4k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€-40k▼
Profit (loss) brought forward from the previous period14P€-10k€-36k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
07-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 68 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Herentals · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lichtaartseweg(HRT) 1772200 HerentalsGround area
511 m²
Building footprint
168 m²
Volume, LiDAR
1,036 m³
Parcel 13011B0444/00A004, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hand carwash
since 20192.297.332.558
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13011B0444/00A004 | Flanders | 511 m² | 1 · 168 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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Of 3,209 companies in sector 95316 we hold annual accounts for 752. 404 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-12-2019
Fiscal year end31-12
Activities, NACEBEL
95316Washing and cleaning of motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.