SOLBEX
ActiveSOLBEX has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €26k and a net result of €208k. Equity is growing by ~23.8% per year across the filed fiscal years. Its solvency ranks better than 13% of 933 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency12▼-87
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.02 against 2.56 in 2023), and 98.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 933 sector peers (2024).
NBB · sector comparisonPosition among 933 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
48 d early
2022
32 d early
2021
17 d early
2020
89 d late
2019
8 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€26k▼ 97.7%
2023 · €1.12M
2018: €294k
2019: €490k
2020: €659k
2021: €1.11M
2022: €1.11M
2023: €1.12M
2018 → 2024
Total assets
€1.70M▼ 7.6%
2023 · €1.84M
2018: €2.17M
2019: €1.95M
2020: €1.78M
2021: €1.73M
2022: €1.95M
2023: €1.84M
2018 → 2024
Net result
€208k▼ 17.9%
2023 · €254k
2018: €276k
2019: €196k
2020: €168k
2021: €451k
2022: €229k
2023: €254k
2018 → 2024
Working capital
€25k▼ 97.7%
2023 · €1.12M
2018: €328k
2019: €531k
2020: €615k
2021: €1.06M
2022: €1.11M
2023: €1.12M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€659k-€1.11M▲ 68.5%€1.11M▲ 0.4%€1.12M▲ 0.3%€26k▼ 97.7%
Operating result€218k-€589k▲ 170%€305k▼ 48.3%€267k▼ 12.5%€202k▼ 24.1%
Net result€168k-€451k▲ 168%€229k▼ 49.2%€254k▲ 10.7%€208k▼ 17.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 24% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.70M
Fixed assets
€405=
Current assets
€1.70M▼ 7.6%
Equity and liabilities €1.70M
Equity
€26k▼ 97.7%
Debt
€1.67M▲ 133%
The debt ratio rises from 39.1% to 98.5%: debt grows while equity shrinks.
Key figures and ratios
Solvency
1.5%▼
2023 · 60.9%
Current ratio
1.02▼
2023 · 2.56
Quick ratio
1.02▼
2023 · 2.56
Debt / equity
64.58▲
2023 · 0.64
ROE
805.3%▲
2023 · 22.7%
ROA
12.3%▼
2023 · 13.8%
Debt
€1.67M▲
2023 · €718k
Debt ≤ 1 year
€1.67M▲
2023 · €718k
Income taxes
€70k▼
2023 · €86k
Staff costs
€146k▲
2023 · €138k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.84M€1.70M▼
Fixed assets21/28€405€405=
Financial fixed assets28€405€405=
Current assets29/58€1.84M€1.70M▼
Amounts receivable after more than one year29€1.63M€172k▼
Trade receivables290€0-
Other amounts receivable291€1.63M€172k▼
Amounts receivable within one year40/41€51k€1.36M▲
Trade receivables40€50k€55k▲
Other amounts receivable41€310€1.30M▲
Cash at bank and in hand54/58€70k€82k▲
Deferred charges and accrued income490/1€81k€87k▲
Equity and liabilities
Total equity and liabilities10/49€1.84M€1.70M▼
Equity10/15€1.12M€26k▼
Contributions10/11€19k€19k=
Reserves13€1.10M€7k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€1.10M€7k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€718k€1.67M▲
Amounts payable within one year42/48€718k€1.67M▲
Trade debts44€427k€337k▼
Suppliers440/4€427k€337k▼
Taxes, remuneration and social security45€41k€33k▼
Taxes450/3€26k€16k▼
Remuneration and social security454/9€15k€17k▲
Other amounts payable47/48€250k€1.30M▲
Income statement
Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€138k€146k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€6k€3k▼
Gross operating margin9900€411k€351k▼
Operating profit (loss)9901€267k€202k▼
Financial income75/76B€74k€80k▲
Recurring financial income75€74k€80k▲
Financial charges65/66B€565€4k▲
Recurring financial charges65€565€4k▲
Profit (loss) for the period before taxes9903€340k€279k▼
Income taxes67/77€86k€70k▼
Profit (loss) for the period9904€254k€208k▼
Profit (loss) for the period to be appropriated9905€254k€208k▼
Appropriation of the result
Profit (loss) to be appropriated9906€254k€208k▼
Transfer from equity791/2-€1.09M
Transfer to equity691/2€4k€0▼
To other reserves6921€4k€0▼
Profit to be distributed694/7€250k€1.30M▲
Return on contributions (dividend)694€250k€1.30M▲
Social balance
Average headcount (FTE)90873.03.0=
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €451k ▲168%
Operating result €589k, net result €451k, both a record.
31-12
Financial
Equity above €1MEq €1.11M ▲68.5%
4 profitable years in a row build equity to €1.11M.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 89 days late
2020
31-12
Financial
Weakest financial yearnet €168k ▼14.1%
Net result drops to €168k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €500kEq €659k ▲34.3%
3 profitable years in a row build equity to €659k.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Lommel · 1 establishment unit since 2017
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.
Ondernemersstraat 333920 LommelGround area
6.7 ha
Building footprint
1.6 ha
Volume, LiDAR
39,923 m³
Parcel 72020C1408/00P015, Flanders · tallest building 24.0 m. Linked by address, not a title deed.
1 establishment unit
SOLBEX
since 20172.266.703.720
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72020C1408/00P015 | Flanders | 6.7 ha | 1 · 1.6 ha | 24.0 m |
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 12,442 companies in sector 49410 we hold annual accounts for 8,083. 5,223 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-08-2017
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
52250Logistics services
52290Warehousing and support activities for transportation
62020IT consultancy
62200Computer consultancy and computer facilities management
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
71121Engineering and related technical consultancy, excluding land surveyors
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.