SOLHEID LOCATION
ActiveSOLHEID LOCATION has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €283k and a net result of €-8k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 59% of 4488 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▲+4
Solvency73▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity short (current ratio 0.83 against 0.8 in 2024; short-term debt: 37.8% and cash: 9.3% of total assets), and 52.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-8k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 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
39 d late
2024
30 d late
2023
61 d late
2022
31 d late
2021
61 d late
2020
61 d late
2019
40 d late
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€283k▼ 2.8%
2024 · €291k
2018: €247k
2019: €250k
2020: €319k
2021: €359k
2022: €337k
2023: €317k
2024: €291k
2018 → 2025
Total assets
€593k▲ 1.9%
2024 · €582k
2018: €830k
2019: €845k
2020: €994k
2021: €990k
2022: €870k
2023: €706k
2024: €582k
2018 → 2025
Net result
€-8k▲ 68.6%
2024 · €-26k
2018: €3k
2019: €5k
2020: €70k
2021: €41k
2022: €-21k
2023: €-20k
2024: €-26k
2018 → 2025
Working capital
€-39k▲ 11.4%
2024 · €-44k
2018: €2k
2019: €28k
2020: €94k
2021: €105k
2022: €74k
2023: €-45k
2024: €-44k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€359k-€337k▼ 6.0%€317k▼ 5.9%€291k▼ 8.3%€283k▼ 2.8%
Operating result€49k-€-16k€-10k▲ 41.4%€-22k▼ 135%€-6k▲ 73.2%
Net result€41k-€-21k€-20k▲ 4.2%€-26k▼ 31.5%€-8k▲ 68.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2025 against €22k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €593k
Fixed assets
€408k▼ 0.3%
Current assets
€186k▲ 6.9%
Equity and liabilities €593k
Equity
€283k▼ 2.8%
Provisions
€900=
Debt
€309k▲ 6.6%
The debt ratio rises from 49.8% to 52.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€76k▲
2024 · €52k
Cash flow
€73k▲
2024 · €48k
Solvency
47.7%▼
2024 · 50.0%
Current ratio
0.83▲
2024 · 0.80
Quick ratio
0.81▲
2024 · 0.77
Debt / equity
1.09▲
2024 · 1.00
ROE
-2.9%▲
2024 · -9.0%
ROA
-1.4%▲
2024 · -4.5%
Interest coverage
17.13▲
2024 · 8.95
Debt
€309k▲
2024 · €290k
Debt ≤ 1 year
€224k▲
2024 · €217k
Debt > 1 year
€71k▲
2024 · €59k
Income taxes
€149▼
2024 · €158
Staff costs
€95k▼
2024 · €98k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€582k€593k▲
Fixed assets21/28€409k€408k▼
Tangible fixed assets22/27€397k€396k▼
Land and buildings22€248k€247k▼
Plant, machinery and equipment23€23k€19k▼
Furniture and vehicles24€21k€10k▼
Leasing and similar rights25€105k€121k▲
Financial fixed assets28€11k€11k=
Current assets29/58€173k€186k▲
Amounts receivable after more than one year29€2k€2k=
Other amounts receivable291€2k€2k=
Stocks and contracts in progress3€7k€4k▼
Stocks30/36€7k€4k▼
Amounts receivable within one year40/41€117k€115k▼
Trade receivables40€116k€115k▼
Other amounts receivable41€681€356▼
Cash at bank and in hand54/58€37k€55k▲
Deferred charges and accrued income490/1€10k€9k▼
Equity and liabilities
Total equity and liabilities10/49€582k€593k▲
Equity10/15€291k€283k▼
Contributions10/11€25k€25k=
Reserves13€168k€168k=
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Tax-exempt reserves132€114k€114k=
Distributable reserves133€50k€50k=
Profit (loss) carried forward14€99k€90k▼
Provisions and deferred taxes16€900€900=
Deferred taxes168€900€900=
Amounts payable17/49€290k€309k▲
Amounts payable after more than one year17€59k€71k▲
Financial debts170/4€59k€71k▲
Amounts payable within one year42/48€217k€224k▲
Current portion of amounts payable after more than one year42€45k€56k▲
Trade debts44€152k€149k▼
Suppliers440/4€152k€149k▼
Taxes, remuneration and social security45€19k€18k▼
Taxes450/3€3k€5k▲
Remuneration and social security454/9€16k€14k▼
Other amounts payable47/48€800€862▲
Accrued charges and deferred income492/3€14k€14k=
Income statement
Code20242025
Non-recurring operating income76A€100€33k▲
Remuneration, social security and pensions62€98k€95k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74k€82k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-3k€3k▲
Other operating charges640/8€13k€11k▼
Non-recurring operating charges66A€255€1k▲
Gross operating margin9900€160k€186k▲
Operating profit (loss)9901€-22k€-6k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€6k€4k▼
Recurring financial charges65€6k€4k▼
Profit (loss) for the period before taxes9903€-27k€-8k▲
Transfer from deferred taxes780€681-
Income taxes67/77€158€149▼
Profit (loss) for the period9904€-26k€-8k▲
Transfer from tax-exempt reserves789€2k-
Profit (loss) for the period to be appropriated9905€-24k€-8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€99k€90k▼
Profit (loss) brought forward from the previous period14P€123k€99k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 39 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Highest result since 2018net €70k ▲1211%
Operating result €93k, net result €70k, both a record.
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 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.
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, Malmedy · 1 establishment unit since 1996
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.
Avenue de Norvège 3Z4960 MalmedyGround area
2,890 m²
Building footprint
312 m²
Volume, LiDAR
1,733 m³
Parcel 63049F0275/00A004, Wallonia · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Avenue de Norvège 3, 4960 Malmedy
since 19962.076.955.288
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63049F0275/00A004 | Wallonia | 2,890 m² | 1 · 312 m² | 6.4 m · 2 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
Food safety, FASFC
1 siteMalmedy2.076.955.288
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ROWITRA
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COMICEN
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Of 12,605 companies in sector 49410 we hold annual accounts for 8,192. 5,889 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-05-1996
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
71210
77120Rental and leasing activities
71340
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.