Skip to content

SOLCO

Active
Private limited companyfounded 2010active for 16 yearsMispelare 7, 9930 Lievegem, BelgiumKBO/BCE: BE 0825.129.906
Summary

SOLCO has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €200,698 and a net result of €962,992. Equity has been stable since 2019 (±0.3% per year). Its solvency ranks better than 9% of 338 sector peers (NACE 43, financial year 2026). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

Source: KBO
Status
Active since 19-04-2010 Normal situation
Activity
Wallpapering and laying of floor and wall coverings in other materials NACE 43333
Establishment unit
2.198.908.737 9930 Lievegem, since 19-04-2010
Financial year end
31 March
Peppol
Reachable since 31-08-2023

Board and ownership

Board
  • CaraféDirector · permanent representative Deferm Dennis
  • TafréDirector · permanent representative Schaut Frédéric

Financial position

68 Healthy Checked score 2026
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts to 31-03-2026
Turnover
€6.5m
▲ 12.7%
Profit
€962,992
▲ 0.5%
Equity
€200,698
▼ 3.8%
Total assets
€2.2m
▼ 7.0%
Employees on 31-03-2026
5
▼ 37.5%
Filed on 21-09-2026, 40 days before the deadline
Score breakdownraises riskEquity €200,698 (9.2% of total assets)Sector: Specialised construction activities (NACE 43)lowers riskFounded in 2010Profit of €962,992 (financial year 2026)Show the evidence

Checked score

Score 2026
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 37% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2025
Average
Solvency 34=
equity 9.2% of total assets
Liquidity 14-24
short-term debt 85.8% · cash 9.5%
Profitability 95-3
return on assets 44.4%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.5%▲ +0.1 percentage points vs 08-2025 10-2025: 0.4%▼ -0.1 percentage points vs 09-2025lowest value 11-2025: 0.4%● unchanged vs 10-2025lowest value 12-2025: 0.4%● unchanged vs 11-2025lowest value 01-2026: 0.4%● unchanged vs 12-2025lowest value 02-2026: 0.4%● unchanged vs 01-2026lowest value 03-2026: 0.4%● unchanged vs 02-2026lowest value 04-2026: 0.4%● unchanged vs 03-2026lowest value 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.5%▲ +0.1 percentage points vs 08-2026 10-2026: 0.7%▲ +0.2 percentage points vs 09-2026highest value 11-2026: 0.7%● unchanged vs 10-2026highest value
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.05 (1.06 in 2025), below the usual 1.5. Short-term debt is 85.8% and cash 9.5% of total assets. 90.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 13% of them on solvency, 8% on liquidity, 81% on profitability and 47% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Equity €200,698 (9.2% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 2010
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Profit of €962,992 (financial year 2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 338 sector peers (2026).
NBB · sector comparison
Position among 338 sector peers
Solvency
better than 9%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 21-09-2026, 40 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
40 days early
2025
46 days early
2024
31 days early
2023
31 days early
2022
14 days early
2021
12 days early
2020
28 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 29 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 30 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower solvency than 91% of companies in specialised constructionsector median 51.0% · 338 companies 9.2% View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2026: €962,992 8 years View

Recent changes

  1. · Gazette deed Changes of role: TAFRE (director) and CARAFE (director)Permanent representatives: Schaut Frédéric and Deferm Dennis
  2. · Gazette deed Resignation: Tafré VOF (director)Permanent representative: Schaut Frédéric
  3. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as SOLCO: wallpapering and laying of floor and wall coverings in other materials (NACE 43333). They are comparable in size and age: total assets between €930,000 and €2.5m, founded between 2003 and 2016.

CompanyTotal assetsGross margin
SOLCO Lievegem€2.2m€1.5m
A PROJECT Merchtem€1.9m€1.0m
DEBRA BOUW & AFWERKING Gent€1.8m€0.5m
GENERAL FLOORING Wavre€2.5m€0.6m
EXPO CARPETS Gent€1.3m€0.5m
LEPPAK Kelmis€1.4m€0.6m
MERODE INTERIEUR Lanaken€0.9m€0.6m
Full comparison

Key facts about SOLCO

What is the company number of SOLCO?
The company number of SOLCO is 0825.129.906. The VAT number is the same number with BE in front: BE 0825.129.906.
Where is SOLCO based?
The registered office is at Mispelare 7, 9930 Lievegem.Company details
What does SOLCO do?
According to the KBO register, the main activity is wallpapering and laying of floor and wall coverings in other materials (NACE 43333).
What is the legal form of SOLCO?
The legal form of SOLCO is Private limited company (BV).
When was SOLCO founded?
SOLCO was founded on 19-04-2010.
Is SOLCO still active?
Yes, SOLCO is an active enterprise in the KBO register.
How many employees does SOLCO have?
SOLCO had an average of 6.2 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
What is the turnover of SOLCO?
The turnover of SOLCO was €6.5m in financial year 2026, according to the filed annual accounts.
Is SOLCO profitable?
In financial year 2026, SOLCO made a profit of €962,992.
Where can I find the annual accounts of SOLCO?
SOLCO filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of SOLCO due?
SOLCO must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.