SOLASTA
ActiveFinancials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 January 2026 The financial year closed on 30 June 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 3 November 2026.
Annual accounts 2024 filed on 04-02-2025 PDF all 4 filings
Turnover
€0
2023 · €0
Total assets
€68,944▼ 11.5%
2023 · €77,925
Net result
-€13,907
2023 · €19,975
Working capital
€56,849▼ 21.5%
2023 · €72,455
Multi-year overview
2021 to 2024, 4 financial yearsTurnover
€0
2024
20212024
Operating result
-€11,092
2024
20212024
Net result
-€13,907
2024
lowest quarter of the sector
20212024
Equity
€63,870
▼ 17.9%
2024
middle half of the sector
20212024
Total assets
€68,944
▼ 11.5%
2024
middle half of the sector
20212024
Debt
€5,074
▲ 34×
2024
20212024
Working capital
€56,849
▼ 21.5%
2024
middle half of the sector
20212024
Solvency
92.6%
▼ 7.2pp
2024
highest quarter of the sector
20212024
Current ratio
12.20
2024
highest quarter of the sector
20212024
Return on assets (ROA)
-20.2%
▼ 45.8pp
2024
lowest quarter of the sector
20212024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2021202220232024
Turnover€0€0€0
Operating result€54,859--€3,198€21,619-€11,092
Net result€44,761above the sector's middle half--€3,260below the sector's middle half€19,975within the sector's middle half-€13,907below the sector's middle half
Equity€61,061within the sector's middle half-€57,801within the sector's middle half▼ 5.3%€77,776within the sector's middle half▲ 34.6%€63,870within the sector's middle half▼ 17.9%
Total assets€73,890within the sector's middle half-€70,160below the sector's middle half▼ 5.0%€77,925within the sector's middle half▲ 11.1%€68,944within the sector's middle half▼ 11.5%
Debt€12,829-€12,359▼ 3.7%€148▼ 98.8%€5,074▲ 34×
Working capital€6,340within the sector's middle half-€5,280within the sector's middle half▼ 16.7%€72,455within the sector's middle half▲ 14×€56,849within the sector's middle half▼ 21.5%
Solvency82.6%above the sector's middle half-82.4%above the sector's middle half▼ 0.3pp99.8%above the sector's middle half▲ 17.4pp92.6%above the sector's middle half▼ 7.2pp
Current ratio1.49within the sector's middle half-1.43within the sector's middle half▼ 0.0712.20above the sector's middle half
Return on assets (ROA)60.6%above the sector's middle half--4.6%below the sector's middle half▼ 65.2pp25.6%above the sector's middle half▲ 30.3pp-20.2%below the sector's middle half▼ 45.8pp
above
within
below
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2024 is a loss of €11,092, after a profit of €21,619 in 2023. It is the lowest result since 2021.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €68,944
Fixed assets
€7,021 ▲ 31.9%
Current assets
€61,923 ▼ 14.7%
Equity and liabilities €68,944
Equity
€63,870 ▼ 17.9%
Debt
€5,074 ▲ 34×
Debt's share of the balance-sheet total rises from 0.2% to 7.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€8,892▼
2023 · €23,819
Cash flow
-€11,707▼
2023 · €22,175
Debt to equity
0.08▲
2023 · 0.00
ROE
-21.8%▼
2023 · 25.7%
Interest coverage
-69.63▼
2023 · 16.68
Debt ≤ 1 year
€5,074▲
2023 · €148
Income taxes
€2,687▲
2023 · €215
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 |
|---|---|---|---|
| Tangible fixed assets | €0 | - | - |
| Financial fixed assets | - | - | €3,900 |
| Depreciation and write-downs of the year | €2,200 | €2,200 | €2,200 |
Source: notes to the 2022 to 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | €0 | €0 | €0 | - |
| Goods, raw materials, services and sundry goods60/61 | - | €0 | €0 | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,279 | €2,200 | €2,200 | €2,200 | = |
| Other operating charges640/8 | - | €220 | €270 | - | - |
| Gross operating margin9900 | €56,238 | -€778 | €24,089 | -€8,892 | - |
| Operating profit (loss)9901 | €54,859 | -€3,198 | €21,619 | -€11,092 | - |
| Financial charges65/66B | - | €62 | €1,428 | €128 | ▼ 91.1% |
| Recurring financial charges65 | €20 | €62 | €1,428 | €128 | ▼ 91.1% |
| Profit (loss) for the period before taxes9903 | €54,839 | -€3,260 | €20,191 | -€11,220 | - |
| Income taxes67/77 | €10,078 | - | €215 | €2,687 | ▲ 12× |
| Profit (loss) for the period9904 | €44,761 | -€3,260 | €19,975 | -€13,907 | - |
| Profit (loss) for the period to be appropriated9905 | €44,761 | -€3,260 | €19,975 | -€13,907 | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €73,890 | €70,160 | €77,925 | €68,944 | ▼ 11.5% |
| Fixed assets21/28 | €54,721 | €52,521 | €5,321 | €7,021 | ▲ 31.9% |
| Tangible fixed assets22/27 | €9,721 | €7,521 | €5,321 | €3,121 | ▼ 41.3% |
| Plant, machinery and equipment23 | - | €7,521 | €5,321 | €3,121 | ▼ 41.3% |
| Financial fixed assets28 | €45,000 | €45,000 | €0 | €3,900 | - |
| Current assets29/58 | €19,169 | €17,639 | €72,604 | €61,923 | ▼ 14.7% |
| Amounts receivable within one year40/41 | €17,559 | €16,296 | €58,519 | €61,805 | ▲ 5.6% |
| Trade receivables40 | - | €2,539 | €27,623 | €22,337 | ▼ 19.1% |
| Other amounts receivable41 | - | €13,757 | €30,896 | €39,468 | ▲ 27.7% |
| Cash at bank and in hand54/58 | €1,611 | €1,343 | €14,085 | €117 | ▼ 99.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €73,890 | €70,160 | €77,925 | €68,944 | ▼ 11.5% |
| Equity10/15 | €61,061 | €57,801 | €77,776 | €63,870 | ▼ 17.9% |
| Contributions10/11 | - | €16,300 | €16,300 | €16,300 | = |
| Profit (loss) carried forward14 | €44,761 | €41,501 | €61,476 | €47,570 | ▼ 22.6% |
| Amounts payable17/49 | €12,829 | €12,359 | €148 | €5,074 | ▲ 34× |
| Amounts payable within one year42/48 | €12,829 | €12,359 | €148 | €5,074 | ▲ 34× |
| Trade debts44 | €2,633 | €2,206 | - | - | - |
| Suppliers440/4 | - | €2,206 | - | - | - |
| Taxes, remuneration and social security45 | - | €10,078 | €148 | €316 | ▲ 113% |
| Taxes450/3 | - | €10,078 | €148 | €316 | ▲ 113% |
| Other amounts payable47/48 | - | €76 | - | €4,758 | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €44,761 | -€3,260 | €19,975 | -€13,907 | - |
| + Depreciation and write-downs630 | €1,279 | €2,200 | €2,200 | €2,200 | = |
| Operating cash flow (approximation) | €46,040 | -€1,060 | €22,175 | -€11,707 | - |
| Investment in fixed assets (approximation) | - | €0 | €45,000 | -€3,900 | - |
| Change in cash | - | -€267 | €12,741 | -€13,967 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.