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Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of SOLFIRMUS is 0.2% (very low). The 2024 annual accounts show equity of €200k and a net result of €121k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 42% of 12464 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 7 annual accounts.
Signals
2 signals · with evidenceConsistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-05-2025, 64 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 28-05-2025 | 64 d early | 2025-00114357 |
| 31-12-2023 | 31-07-2024 | 04-06-2024 | 57 d early | 2024-00108482 |
| 31-12-2022 | 31-07-2023 | 25-07-2023 | 6 d early | 2023-00275046 |
| 31-12-2021 | 31-07-2022 | 18-07-2022 | 13 d early | 2022-20214173 |
| 31-12-2020 | 31-07-2021 | 31-08-2021 | 31 d late | 2021-64100162 |
| 31-12-2019 | 31-07-2020 | 31-08-2020 | 31 d late | 2020-48800158 |
| 31-12-2018 | 31-07-2019 | 22-08-2019 | 22 d late | 2019-49500033 |
| 31-12-2017 | 31-07-2018 | 27-08-2018 | 27 d late | 2018-51900493 |
| 31-12-2016 | 31-07-2017 | 14-07-2017 | 17 d early | 2017-32600176 |
| 31-12-2015 | 31-07-2016 | 30-06-2016 | 31 d early | 2016-26400474 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsEstablished
Founded in 2010, 16 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.2%
Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector
−Long track record
−Annual accounts: healthy financial profile
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€121k-7.0%
Working capital€68k-45.0%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 28-05-2025 with the NBB · fiscal year 2024 · micro
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable
Equity: stable across 7 fiscal years (±0.2%/year).
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 70, Head offices & management consulting · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 52.2% | 60.6% | |
| Net result | €121k | €31k | |
| Equity | €200k | €63k | |
| Gross operating margin | €195k | €52k | |
| Total assets | €382k | €124k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P42
Weakening position over 2020-2024
· n=1371-12464
P91
Improving position over 2020-2024
· n=1371-12466
P85
Stable position over 2020-2024
· n=1373-12472
P93
Improving position over 2020-2024
· n=1369-12452
Describes the position versus peers, not a forecast.
€193k
-7.8%
18-24
€121k
-7.0%
18-24
€138k
-0.8%
18-24
€382k
+8.5%
18-24
€200k
+11.5%
18-24
€68k
-45.0%
18-24
€52k
-24.5%
18-24
€100k
-21.4%
18-24
€183k
+5.4%
18-24
€179k
+4.3%
18-24
1.38
-19.8%
18-24
1.38
-19.8%
18-24
52.2%
+2.8%
18-24
0.91
-5.5%
18-24
60.4%
-16.6%
18-24
31.6%
-14.3%
18-24
49.96
-54.7%
18-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €193k |
| Net profit | €121k |
| Cash flow | €138k |
| Staff costs | - |
| Income taxes | €52k |
| Dividends | €100k |
| Total assets | €382k |
| Equity | €200k |
| Debt | €183k |
| of which ≤ 1y | €179k |
| of which > 1y | - |
| Working capital | €68k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 1.38 |
| Quick ratio | 1.38 |
| Working capital ratio | 17.8% |
| Solvency | 52.2% |
| Debt / equity | 0.91 |
| Long-term debt ratio | - |
| Interest coverage | 49.96 |
| Gross margin | - |
| Net margin | - |
| ROA | 31.6% |
| ROE | 60.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €382k |
| Fixed assets | 21/28 | €135k |
| Tangible fixed assets | 22/27 | €135k |
| Current assets | 29/58 | €247k |
| Amounts receivable within one year | 40/41 | €17k |
| Investments | 50/53 | €111k |
| Cash & bank | 54/58 | €117k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €382k |
| Equity | 10/15 | €200k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €252k |
| Accumulated profits (losses) | 14 | €-71k |
| Amounts payable | 17/49 | €183k |
| Amounts payable within one year | 42/48 | €179k |
| Trade debts payable within one year | 44 | €5k |
| Income statement | ||
| Gross operating margin | 9900 | €195k |
| Operating result | 9901 | €176k |
| Financial income | 75 | €667 |
| Financial charges | 65 | €4k |
| Result before taxes | 9903 | €172k |
| Income taxes | 67/77 | €52k |
| Net result for the period | 9904 | €121k |
| Result to be appropriated | 9905 | €121k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed88
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Structure & network
Connections & network
2 connected companiesGroup structure
We sit on their board · 5 subsidiaries · 1 location
→
We sit on their board · 1 location
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Ownership & control
2 partiesSOLFIRMUSBE 0823.245.730
controls
Where this company holds controlthis company sits on their board2
5 subsidiaries · 1 location
1 location
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationHadewijchlaan(Kor) 8, 8500 Kortrijk
since 20102.185.253.612
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,222 m²
Buildings1
Building footprint252 m²
Volume (LiDAR)1,236 m³
Tallest building8.1 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34354C0900/00X003 | Flanders | 1,222 m² | 1 · 252 m² | 8.1 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
4 acts All acts · 4
updated 1 year ago
2025
29-01-2025 Board meeting · Officer resignation · Officer appointment · Permanent representative
- Publication: 21/03/2025 · VICTOR BUYCK STEEL CONSTRUCTION
- Board meeting: 17/01/2025 · VICTOR BUYCK STEEL CONSTRUCTION
- Officer resignation: role: CEO en persoon belast met het dagelijks bestuur, end_date: 2025-01-17 · Solfirmus BV
- Officer appointment: role: CEO en persoon belast met het dagelijks bestuur, start_date: 2025-01-20 · Vroegvogel BV
- Permanent representative · Frans Van Giel
- Permanent representative · Peter Delbecque
- Filing representative: volmacht ... om alle vereiste formaliteiten te vervullen ... m.b.t. de beslissingen op heden genomen ... met het oog op de neerlegging en bekendmaking · Quinten Heuvicq
- Filing representative: volmacht ... om alle vereiste formaliteiten te vervullen ... m.b.t. de beslissingen op heden genomen ... met het oog op de neerlegging en bekendmaking · Ho Nam Lo
Summary:
Board meeting · Officer resignation · Officer appointment · Permanent representative
2022
10-03-2022 Board meeting · Officer appointment · Permanent representative · Filing representative
- Publication: 03/2022 · VICTOR BUYCK STEEL CONSTRUCTION
- Filing: 02/03/2022 · VICTOR BUYCK STEEL CONSTRUCTION
- Board meeting: 23/02/2021 · VICTOR BUYCK STEEL CONSTRUCTION
- Officer appointment: role: persoon belast met het dagelijks bestuur, start_date: 2022-02-23 · Solfirmus
- Permanent representative · Frans Van Giel
- Permanent representative · Steven Brillant
- Filing representative: volmacht ... om alle vereiste formaliteiten te vervullen ... neerlegging en bekendmaking · Annelies Marichal
Summary:
Board meeting · Officer appointment · Permanent representative · Filing representative
2019
18-09-2019 Board meeting · Officer resignation · Filing representative
- Publication: 18/09/2019 · BEAULIEU INTERNATIONAL GROUP
- Filing: 09/09/2019 · BEAULIEU INTERNATIONAL GROUP
- Board meeting: 24/07/2019 · BEAULIEU INTERNATIONAL GROUP
- Officer resignation: role: lid van het directiecomité, end_date: 2019-07-31 · SOLFIRMUS BVBA
- Filing representative: scope: publicatie van de beslissingen van de raad van bestuur in de bijlagen tot het Belgisch Staatsblad en de wijziging van de inschrijving van de Vennootschap in de Kruispuntbank van Ondernemingen en daartoe de Vennootschap te vertegenwoordigen bij de Kruispuntbank van Ondernemingen, een erkend ondernemingsloket en de Ondernemingsrechtbank, en te dien einde, al het nodige te doen en alle nodige formulieren en documenten te ondertekenen · Sylvie Michels
- Filing representative: scope: publicatie van de beslissingen van de raad van bestuur in de bijlagen tot het Belgisch Staatsblad en de wijziging van de inschrijving van de Vennootschap in de Kruispuntbank van Ondernemingen en daartoe de Vennootschap te vertegenwoordigen bij de Kruispuntbank van Ondernemingen, een erkend ondernemingsloket en de Ondernemingsrechtbank, en te dien einde, al het nodige te doen en alle nodige formulieren en documenten te ondertekenen · Hilde Vanhoutte
Summary:
Board meeting · Officer resignation · Filing representative
2015
27-02-2015 Board meeting · Officer resignation · Officer appointment · Permanent representative
- Publication: 27/02/2015 · BEAULIEU INTERNATIONAL GROUP
- Filing: 10/02/2015 · BEAULIEU INTERNATIONAL GROUP
- Board meeting: 17/04/2014 · BEAULIEU INTERNATIONAL GROUP
- Officer resignation: date: 2014-04-17, role: lid van het directiecomité · 53TWELVE BVBA
- Officer resignation: date: 2014-04-17, role: lid van het directiecomité · Guy Verrue
- Officer resignation: date: 2014-04-17, role: lid van het directiecomité · YVES BONNE
- Board meeting: 14/11/2014 · BEAULIEU INTERNATIONAL GROUP
- Officer resignation: date: 2014-11-14, role: lid van het Directiecomité · Francis De Clerck
- Officer resignation: date: 2014-11-14, role: lid van het directiecomité · BVBA QUERCUM
- Officer appointment: role: lid van het directiecomité, start_date: 2014-11-14 · KARENA CANCILLERI
- Officer appointment: role: lid van het directiecomité, start_date: 2014-11-14 · Min Lei (Lucy)
- Officer appointment: role: lid van het directiecomité, start_date: 2014-11-14 · BVBA EUGENIUS
- Officer appointment: role: lid van het directiecomité, start_date: 2014-11-14 · BVBA PATRICK LECLUYSE
- Officer appointment: role: lid van het directiecomité, start_date: 2014-11-14 · LEXELLENCE BVBA
- Officer appointment: role: lid van het directiecomité, start_date: 2014-11-14 · SOLFIRMUS BVBA
- Permanent representative · Arne Hautekeete
- Permanent representative · Stefan Claeys
- Permanent representative · Myriam Lamote
- Permanent representative · Patrick Lecluyse
- Permanent representative · Erwin De Deyn
- Permanent representative · Frans Van Giel
- Permanent representative · Francis De Clerck
- Permanent representative · Stefaan Colle
Summary:
Board meeting · Officer resignation · Officer appointment · Permanent representative
Analysis
Snowflake analysis
financial profile on 5 axes84
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
88
Profitability
100
Solvency
82
Growth
52
Stability
100
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Credit advice
verdict per customer and amountSimilar
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Company registry
Company registry (CBE)
Crossroads BankActivities
Activiteiten van hoofdkantoren70100Activiteiten van hoofdkantoren70100Vervaardiging van andere elektrische apparatuur27900Vervaardiging van andere elektrische apparatuur27900Organisatie van congressen en beurzen82300Organisatie van congressen en beurzen82300
Primary activity highlighted.
Names & trade names
| Legal nameNL | SOLFIRMUS |
Registered office
Hadewijchlaan(Kor) 8
8500 Kortrijk, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.