SOLED
ActiveSummary
SOLED has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €300,978 and a net result of -€3,398. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 77% of 17123 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability18▼-79
Solvency100▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23,000 at 30 days acceptable
Liquidity ample (current ratio 4.31 against 3.09 in 2024; short-term debt: 17.8% and cash: 44.2% of total assets), and 17.8% of the assets are financed with debt.
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Signals
Four 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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 10 filingsDeviation from the deadline
2025
25 d late
2024
27 d late
2023
30 d late
2022
29 d late
2021
30 d late
2020
31 d late
2019
69 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 34 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€300,978▼ 0.3%
2024 · €301,793
Total assets
€366,121▼ 14.7%
2024 · €429,090
Net result
-€3,398
2024 · €95,281
Working capital
€215,706▼ 19.0%
2024 · €266,278
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€69,391▲ 525%€20,195▼ 70.9%€48,753▲ 141%€137,738▲ 183%-€5,768
Net result€49,888▲ 464%€13,541▼ 72.9%€32,418▲ 139%€95,281▲ 194%-€3,398
Equity€182,086▲ 37.7%€195,627▲ 7.4%€206,513▲ 5.6%€301,793▲ 46.1%€300,978▼ 0.3%
Total assets€260,624▲ 39.8%€281,817▲ 8.1%€275,581▼ 2.2%€429,090▲ 55.7%€366,121▼ 14.7%
Debt€78,539▲ 44.8%€86,190▲ 9.7%€69,068▼ 19.9%€127,296▲ 84.3%€65,143▼ 48.8%
Working capital€144,664▲ 46.6%€157,661▲ 9.0%€170,515▲ 8.2%€266,278▲ 56.2%€215,706▼ 19.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5,768 after €137,738 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €366,121
Fixed assets
€85,272 ▲ 140%
Current assets
€280,850 ▼ 28.6%
Equity and liabilities €366,121
Equity
€300,978 ▼ 0.3%
Debt
€65,143 ▼ 48.8%
Debt's share of the balance-sheet total falls from 29.7% to 17.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€3,774▼
2024 · €140,229
Cash flow
-€1,404▼
2024 · €97,772
Current ratio
4.31▲
2024 · 3.09
Debt to equity
0.22▼
2024 · 0.42
ROE
-1.1%▼
2024 · 31.6%
ROA
-0.9%▼
2024 · 22.2%
Interest coverage
-6.90▼
2024 · 497.65
Debt ≤ 1 year
€65,143▼
2024 · €127,296
Income taxes
-€182▼
2024 · €43,003
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,409 | €2,300 | €2,628 | €2,492 | €1,994 | ▼ 20.0% |
| Other operating charges640/8 | €679 | €877 | €637 | €725 | €869 | ▲ 19.8% |
| Gross operating margin9900 | €72,480 | €23,371 | €52,018 | €140,954 | -€2,905 | ▼ 102% |
| Operating profit (loss)9901 | €69,391 | €20,195 | €48,753 | €137,738 | -€5,768 | ▼ 104% |
| Financial income75/76B | €172 | €165 | €200 | €828 | €2,736 | ▲ 231% |
| Recurring financial income75 | €172 | €165 | €200 | €828 | €2,736 | ▲ 231% |
| Financial charges65/66B | €149 | €1,019 | €204 | €282 | €547 | ▲ 94.1% |
| Recurring financial charges65 | €149 | €1,019 | €204 | €282 | €547 | ▲ 94.1% |
| Profit (loss) for the period before taxes9903 | €69,414 | €19,341 | €48,749 | €138,283 | -€3,579 | ▼ 103% |
| Income taxes67/77 | €19,526 | €5,800 | €16,331 | €43,003 | -€182 | ▼ 100% |
| Profit (loss) for the period9904 | €49,888 | €13,541 | €32,418 | €95,281 | -€3,398 | ▼ 104% |
| Profit (loss) for the period to be appropriated9905 | €49,888 | €13,541 | €32,418 | €95,281 | -€3,398 | ▼ 104% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €260,624 | €281,817 | €275,581 | €429,090 | €366,121 | ▼ 14.7% |
| Fixed assets21/28 | €37,422 | €37,966 | €35,998 | €35,516 | €85,272 | ▲ 140% |
| Tangible fixed assets22/27 | €34,275 | €34,819 | €32,851 | €32,369 | €82,125 | ▲ 154% |
| Land and buildings22 | €27,844 | €27,844 | €27,844 | €27,844 | €79,594 | ▲ 186% |
| Plant, machinery and equipment23 | €511 | €192 | - | €2,009 | €1,339 | ▼ 33.3% |
| Furniture and vehicles24 | €5,921 | €6,783 | €5,007 | €2,516 | €1,192 | ▼ 52.6% |
| Financial fixed assets28 | €3,147 | €3,147 | €3,147 | €3,147 | €3,147 | = |
| Current assets29/58 | €223,202 | €243,851 | €239,583 | €393,574 | €280,850 | ▼ 28.6% |
| Amounts receivable within one year40/41 | €28,835 | €30,250 | €27,649 | €39,127 | €24,935 | ▼ 36.3% |
| Trade receivables40 | €28,835 | €30,250 | €27,649 | €38,620 | €23,992 | ▼ 37.9% |
| Other amounts receivable41 | - | - | €0 | €507 | €943 | ▲ 86.3% |
| Current investments50/53 | €70,188 | €76,188 | €82,187 | €88,187 | €94,186 | ▲ 6.8% |
| Cash at bank and in hand54/58 | €123,627 | €136,616 | €129,747 | €266,261 | €161,728 | ▼ 39.3% |
| Deferred charges and accrued income490/1 | €552 | €797 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €260,624 | €281,817 | €275,581 | €429,090 | €366,121 | ▼ 14.7% |
| Equity10/15 | €182,086 | €195,627 | €206,513 | €301,793 | €300,978 | ▼ 0.3% |
| Contributions10/11 | €6,200 | €6,200 | €6,820 | €6,820 | €6,820 | = |
| Capital10 | €6,200 | €6,200 | - | - | - | - |
| Issued capital100 | €18,600 | €18,600 | - | - | - | - |
| Uncalled capital101 | €12,400 | €12,400 | - | - | - | - |
| Reserves13 | €62,152 | €72,152 | €85,000 | €177,418 | €180,000 | ▲ 1.5% |
| Non-distributable reserves130/1 | €620 | €620 | - | - | - | - |
| Legal reserve130 | €620 | €620 | - | - | - | - |
| Distributable reserves133 | €61,532 | €71,532 | €85,000 | €177,418 | €180,000 | ▲ 1.5% |
| Profit (loss) carried forward14 | €113,734 | €117,275 | €114,693 | €117,556 | €114,158 | ▼ 2.9% |
| Amounts payable17/49 | €78,539 | €86,190 | €69,068 | €127,296 | €65,143 | ▼ 48.8% |
| Amounts payable within one year42/48 | €78,539 | €86,190 | €69,068 | €127,296 | €65,143 | ▼ 48.8% |
| Financial debts43 | - | - | €64 | €19 | - | - |
| Credit institutions430/8 | - | - | €64 | €19 | - | - |
| Trade debts44 | €4,448 | €25,201 | €4,332 | €3,777 | €2,515 | ▼ 33.4% |
| Suppliers440/4 | €4,448 | €25,201 | €4,332 | €3,777 | €2,515 | ▼ 33.4% |
| Taxes, remuneration and social security45 | €33,466 | €19,570 | €24,022 | €71,938 | €15,224 | ▼ 78.8% |
| Taxes450/3 | €33,466 | €15,880 | €20,251 | €68,121 | €11,824 | ▼ 82.6% |
| Remuneration and social security454/9 | - | €3,690 | €3,772 | €3,816 | €3,400 | ▼ 10.9% |
| Other amounts payable47/48 | €40,625 | €41,418 | €40,650 | €51,562 | €47,405 | ▼ 8.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €49,888 | €13,541 | €32,418 | €95,281 | -€3,398 | ▼ 104% |
| + Depreciation and write-downs630 | €2,409 | €2,300 | €2,628 | €2,492 | €1,994 | ▼ 20.0% |
| Operating cash flow (approximation) | €52,297 | €15,841 | €35,046 | €97,772 | -€1,404 | ▼ 101% |
| Investment in fixed assets (approximation) | - | -€2,843 | -€660 | -€2,009 | -€51,750 | ▼ 2,476% |
| Change in cash | - | €12,989 | -€6,869 | €136,514 | -€104,533 | ▼ 177% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Highest result since 2018net €95,281 ▲194%
Operating result €137,738, net result €95,281, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Equity above €200,000Eq €206,513 ▲5.6%
5 profitable years in a row build equity to €206,513.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Equity above €150,000Eq €182,086 ▲37.7%
3 profitable years in a row build equity to €182,086.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
31-12
Financial
Back to profitnet €25,647
Net result €25,647 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €123,351 ▲26.3%
Equity rises from €97,704 to €123,351.
Show earlier events
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Genappe · 1 establishment unit since 2005
Ground area
5,424 m²
Building footprint
133 m²
Volume, LiDAR
918 m³
Parcel 25013F0147/00F000, Wallonia · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SOLED
since 20052.147.278.013
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25013F0147/00F000 | Wallonia | 5,424 m² | 1 · 133 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 30,007 companies in sector 62200 we hold annual accounts for 18,394. 13,725 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-05-2005
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Contact
E-mail
olivier.delos@soled.beGenappe
Phone
0477/787974Genappe
Scores and ratios are computed by Checked and are not a credit decision.