Solare IT BELUX
ActiveSolare IT BELUX has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €855k and a net result of €461k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 77% of 1402 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
98
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+11
Solvency90▲+17
Growth72▲+15
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 4.19 against 3.11 in 2024; short-term debt: 21.5% and cash: 53.8% of total assets), and 35.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
64.7%
Return on assets
34.9%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €855k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 d early
2024
15 d early
2023
21 d early
2022
31 d late
2021
2 d early
2020
33 d early
2019
39 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€2.81M▲ 12.3%
2024 · €2.50M
2022: €2.20M
2023: €2.34M
2024: €2.50M
2022 → 2025
EBIT margin
18.9%▲ 9.3pp
2024 · 9.6%
2022: -1.7%
2023: -0.4%
2024: 9.6%
2022 → 2025
Net result
€461k▲ 98.9%
2024 · €232k
2018: €67k
2019: €141k
2020: €153k
2021: €-251k
2022: €-55k
2023: €-32k
2024: €232k
2018 → 2025
Working capital
€908k▲ 98.8%
2024 · €457k
2018: €302k
2019: €389k
2020: €259k
2021: €214k
2022: €55k
2023: €88k
2024: €457k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€2.20M€2.34M▲ 6.3%€2.50M▲ 6.9%€2.81M▲ 12.3%
Equity€249k-€194k▼ 22.2%€162k▼ 16.5%€394k▲ 143%€855k▲ 117%
Operating result€-452k-€-38k▲ 91.7%€-8k▲ 78.0%€241k€532k▲ 121%
Net result€-251k-€-55k▲ 78.0%€-32k▲ 42.2%€232k€461k▲ 98.9%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 121% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.32M
Fixed assets
€128k▼ 9.3%
Current assets
€1.19M▲ 77.2%
Equity and liabilities €1.32M
Equity
€855k▲ 117%
Debt
€466k▲ 10.7%
The debt ratio falls from 51.7% to 35.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€561k▲
2024 · €294k
Cash flow
€490k▲
2024 · €285k
Solvency
64.7%▲
2024 · 48.3%
Current ratio
4.19▲
2024 · 3.11
Quick ratio
4.19▲
2024 · 3.11
Debt / equity
0.54▼
2024 · 1.07
ROE
54.0%▼
2024 · 58.9%
ROA
34.9%▲
2024 · 28.5%
Interest coverage
320.62▲
2024 · 77.49
Debt
€466k▲
2024 · €421k
Debt ≤ 1 year
€284k▲
2024 · €216k
Income taxes
€69k▲
2024 · €2k
Staff costs
€900k▲
2024 · €829k
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 2024
Balance sheet
Code20242025
Assets
Total assets20/58€815k€1.32M▲
Fixed assets21/28€141k€128k▼
Intangible fixed assets21€11k-
Tangible fixed assets22/27€26k€12k▼
Land and buildings22€644-
Plant, machinery and equipment23€15k€5k▼
Furniture and vehicles24€11k€3k▼
Other tangible fixed assets26-€3k
Financial fixed assets28€104k€116k▲
Affiliated companies280/1€102k€102k=
Participating interests280€102k€102k=
Other financial fixed assets284/8€2k€14k▲
Amounts receivable and cash guarantees285/8€2k€14k▲
Current assets29/58€673k€1.19M▲
Amounts receivable within one year40/41€190k€438k▲
Trade receivables40€179k€432k▲
Other amounts receivable41€12k€6k▼
Cash at bank and in hand54/58€448k€711k▲
Deferred charges and accrued income490/1€35k€44k▲
Equity and liabilities
Total equity and liabilities10/49€815k€1.32M▲
Equity10/15€394k€855k▲
Contributions10/11€213k€213k=
Capital10€213k€213k=
Issued capital100€213k€213k=
Reserves13€288k€288k=
Non-distributable reserves130/1€21k€21k=
Legal reserve130€21k€21k=
Distributable reserves133€266k€266k=
Profit (loss) carried forward14€-106k€355k▲
Amounts payable17/49€421k€466k▲
Amounts payable within one year42/48€216k€284k▲
Trade debts44€125k€143k▲
Suppliers440/4€125k€143k▲
Taxes, remuneration and social security45€91k€141k▲
Taxes450/3-€2k
Remuneration and social security454/9€91k€139k▲
Accrued charges and deferred income492/3€205k€182k▼
Income statement
Code20242025
Operating income70/76A€2.52M€2.83M▲
Turnover70€2.50M€2.81M▲
Other operating income74€19k€21k▲
Non-recurring operating income76A-€125
Operating charges60/66A€2.28M€2.30M▲
Goods for resale, raw materials and consumables60€529k€690k▲
Purchases600/8€529k€690k▲
Services and other goods61€869k€678k▼
Remuneration, social security and pensions62€829k€900k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53k€29k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-41-
Other operating charges640/8€463€490▲
Operating profit (loss)9901€241k€532k▲
Financial income75/76B€1€29▲
Recurring financial income75€1€29▲
Other financial income752/9€1€29▲
Financial charges65/66B€7k€2k▼
Recurring financial charges65€7k€2k▼
Debt charges650€4k€2k▼
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651-€151
Other financial charges652/9€3k€26▼
Profit (loss) for the period before taxes9903€234k€530k▲
Income taxes67/77€2k€69k▲
Taxes670/3€2k€69k▲
Profit (loss) for the period9904€232k€461k▲
Profit (loss) for the period to be appropriated9905€232k€461k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-106k€355k▲
Profit (loss) brought forward from the previous period14P€-338k€-106k▲
Social balance
Average headcount (FTE)908711.011.0=
The notes to these accounts (46 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
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €461k ▲98.9%
Operating result €532k, net result €461k, both a record.
31-12
Financial
Equity above €500kEq €855k ▲117%
2 profitable years in a row build equity to €855k.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €232k
Net result €232k after 3 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 3.11
Current ratio from 1.22 to 3.11; short-term debt falls from €390k to €216k.
31-12
Financial
Equity above €200kEq €394k ▲143%
Equity rises from €162k to €394k.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €-251k ▼264%
Net result drops to €-251k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 39 days late
2019
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 2 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 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, Wavre · 1 establishment unit since 2003
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.
Avenue Eiffel 51300 WavreGround area
1.7 ha
Building footprint
2,373 m²
Volume, LiDAR
15,520 m³
2 parcels, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Avenue Zénobe Gramme 27, 1300 Wavre
since 20032.125.323.844
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25112C0019/00L000 | Wallonia | 1.5 ha | 1 · 715 m² | 7.5 m · 2 fl. |
| 25006A0145/00H003 | Wallonia | 1,398 m² | 1 · 1,658 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
CREDO CONSULTING
BE 0474.057.113
Aartselaar · Eq €857k
ALEACE CONSULTING
BE 0666.409.301
Hasselt · Eq €852k
SECURE CODE WARRIOR
BE 0649.911.183
Brugge · Eq €850k
SPARNEX INSTRUMENTS
BE 0806.562.324
Antwerpen · Eq €848k
BRIKL
BE 0732.954.863
Lubbeek · Eq €862k
Of 16,874 companies in sector 62100 we hold annual accounts for 8,779. 4,444 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded22-09-1994
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
72220
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.