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Soleras Advanced Services

Active
Public limited companyfounded 198342 yrs activeE 3 laan 69, 9800 Deinze, BelgiumKBO/BCE: BE 0425.116.455

Soleras Advanced Services has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €547k and a net result of €110k. Equity is growing by ~35.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 9040 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
95 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 43.1 against 19.07 in 2023; short-term debt: 2% and cash: 85.6% of total assets), and 2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 42 years 0 50 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
98%
Return on assets
19.7%
Age of the figures
21 mo
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 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
43 d early
2023
43 d early
2022
48 d early
2021
48 d early
2020
44 d early
2019
49 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity
€547k▲ 25.1%
2023 · €437k
2018: €-81k 2019: €-178k 2020: €213k 2021: €292k 2022: €351k 2023: €437k
2018 → 2024
Total assets
€559k▲ 21.9%
2023 · €458k
2018: €1.11M 2019: €590k 2020: €728k 2021: €323k 2022: €375k 2023: €458k
2018 → 2024
Net result
€110k▲ 27.6%
2023 · €86k
2018: €-162k 2019: €-97k 2020: €-109k 2021: €79k 2022: €59k 2023: €86k
2018 → 2024
Working capital
€480k▲ 26.7%
2023 · €379k
2018: €-136k 2019: €-214k 2020: €170k 2021: €235k 2022: €298k 2023: €379k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€213k-€292k▲ 37.4%€351k▲ 20.2%€437k▲ 24.5%€547k▲ 25.1%
Operating result€-97k-€129k€84k▼ 34.7%€118k▲ 40.3%€149k▲ 26.5%
Net result€-109k-€79k€59k▼ 25.8%€86k▲ 46.3%€110k▲ 27.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-200k€-100k€0€100kOperating result 2020: €-97k€-97kNet result 2020: €-109k€-109kOperating result 2021: €129k€129kNet result 2021: €79k€79kOperating result 2022: €84k€84kNet result 2022: €59k€59kOperating result 2023: €118k€118kNet result 2023: €86k€86kOperating result 2024: €149k€149kNet result 2024: €110k€110k20202021202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 26% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €559k
Fixed assets €68k▲ 15.1%
Current assets €491k▲ 22.9%
Equity and liabilities €559k
Equity €547k▲ 25.1%
Debt €11k▼ 45.6%
The debt ratio falls from 4.6% to 2.0%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€157k
2023 · €121k
Cash flow
€119k
2023 · €90k
Solvency
98.0%
2023 · 95.4%
Current ratio
43.10
2023 · 19.07
Quick ratio
43.10
2023 · 19.07
Debt / equity
0.02
2023 · 0.05
ROE
20.1%
2023 · 19.7%
ROA
19.7%
2023 · 18.8%
Interest coverage
73.86
2023 · 44.11
Debt
€11k
2023 · €21k
Debt ≤ 1 year
€11k
2023 · €21k
Income taxes
€37k
2023 · €29k
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€458k€559k
Fixed assets21/28€59k€68k
Tangible fixed assets22/27€59k€68k
Land and buildings22€59k€68k
Current assets29/58€400k€491k
Amounts receivable within one year40/41€32k€13k
Trade receivables40€32k€13k
Cash at bank and in hand54/58€367k€478k
Equity and liabilities
Total equity and liabilities10/49€458k€559k
Equity10/15€437k€547k
Contributions10/11€216k€216k=
Capital10€216k€216k=
Issued capital100€216k€216k=
Reserves13€221k€331k
Non-distributable reserves130/1€22k€22k=
Legal reserve130€22k€22k=
Distributable reserves133€199k€309k
Amounts payable17/49€21k€11k
Amounts payable within one year42/48€21k€11k
Trade debts44€14k€2k
Suppliers440/4€14k€2k
Taxes, remuneration and social security45€7k€9k
Taxes450/3€7k€9k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€8k
Other operating charges640/8€9k€9k
Gross operating margin9900€130k€166k
Operating profit (loss)9901€118k€149k
Financial charges65/66B€3k€2k
Recurring financial charges65€3k€2k
Profit (loss) for the period before taxes9903€115k€147k
Income taxes67/77€29k€37k
Profit (loss) for the period9904€86k€110k
Profit (loss) for the period to be appropriated9905€86k€110k
Appropriation of the result
Profit (loss) to be appropriated9906€86k€110k
Transfer to equity691/2€86k€110k
To the legal reserve6920€4k-
To other reserves6921€82k€110k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
18-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Highest result since 2018net €110k ▲27.6%
Operating result €149k, net result €110k, both a record.
31-12
Financial Liquidity doublescurrent ratio 43.10
Current ratio from 19.07 to 43.10; short-term debt falls from €21k to €11k.
31-12
Financial Equity above €500kEq €547k ▲25.1%
4 profitable years in a row build equity to €547k.
18-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
13-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Back to profitnet €79k
Net result €79k after 3 loss-making years.
31-12
Financial Liquidity times 7current ratio 8.73
Current ratio from 1.33 to 8.73; short-term debt falls from €515k to €30k.
17-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Equity above €200kEq €213k
Equity rises from €-178k to €213k.
12-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
24-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-10
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 92 days late
2016
29-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
10 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, Deinze · 1 establishment unit since 1991
establishment The establishment unit on the map
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.

E 3 laan 699800 Deinze
Ground area
6,053 m²
Building footprint
440 m²
Volume, LiDAR
1,495 m³
Parcel 44054B0836/00E000, Flanders · tallest building 4.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BEKAERT ORIENT TRADING NV
E 3 laan 69, 9800 DeinzeManufacture of machinery and equipment not elsewhere classified
since 19912.037.780.156
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44054B0836/00E000 Flanders 6,053 m² 1 · 440 m² 4.1 m · 1 fl.
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.

Recognitions · licences · registrations

Legal Entity Identifier

254900HPG1POY2FMQ670
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 1,075 companies in sector 46140 we hold annual accounts for 644. 448 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded30-12-1983
Fiscal year end31-12
Activities, NACEBEL
46140Agents in the wholesale of industrial machinery, ships and aircraft
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.