SOLIAS
ActiveSummary
SOLIAS has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-24k) and a net result of €-4k. Equity is shrinking by ~63.5% per year across the filed fiscal years. Its solvency ranks better than 14% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability50▲+4
Solvency16▼-2
Growth58=
Track record94
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.06 against 0.05 in 2024; short-term debt: 21.6% and cash: 0.7% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-8.6%
Return on assets
-1.6%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-24k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
2 d early
2024
29 d late
2023
27 d late
2022
60 d late
2021
2 d early
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-24k▼ 22.8%
2024 · €-20k
2021: €13khighest in 5 years
2022: €-4k▼ -128% vs 2021
2023: €-14k▼ -260% vs 2022
2024: €-20k▼ -44.3% vs 2023
2025: €-24k▼ -22.8% vs 2024lowest in 5 years
2021 → 2025
Total assets
€281k▼ 6.8%
2024 · €301k
2021: €302k
2022: €340k▲ +12.8% vs 2021highest in 5 years
2023: €320k▼ -6.1% vs 2022
2024: €301k▼ -5.7% vs 2023
2025: €281k▼ -6.8% vs 2024lowest in 5 years
2021 → 2025
Net result
€-4k▲ 25.7%
2024 · €-6k
2021: €-9k
2022: €-17k▼ -85.7% vs 2021lowest in 5 years
2023: €-10k▲ +42.4% vs 2022
2024: €-6k▲ +38.8% vs 2023
2025: €-4k▲ +25.7% vs 2024highest in 5 years
2021 → 2025
Working capital
€-57k▲ 3.0%
2024 · €-59k
2021: €-26khighest in 5 years
2022: €-51k▼ -99.5% vs 2021
2023: €-58k▼ -12.5% vs 2022
2024: €-59k▼ -1.7% vs 2023lowest in 5 years
2025: €-57k▲ +3.0% vs 2024
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€13k-€-4k€-14k▼ 260%€-20k▼ 44.3%€-24k▼ 22.8%
2021: €13khighest in 5 years
2022: €-4k▼ -128% vs 2021
2023: €-14k▼ -260% vs 2022
2024: €-20k▼ -44.3% vs 2023
2025: €-24k▼ -22.8% vs 2024lowest in 5 years
Operating result€-6k-€-11k▼ 79.4%€-4k▲ 67.9%€-37▲ 99.0%€1k
2021: €-6k
2022: €-11k▼ -79.4% vs 2021lowest in 5 years
2023: €-4k▲ +67.9% vs 2022
2024: €-37▲ +99.0% vs 2023
2025: €1k▲ +3475% vs 2024highest in 5 years
Net result€-9k-€-17k▼ 85.7%€-10k▲ 42.4%€-6k▲ 38.8%€-4k▲ 25.7%
2021: €-9k
2022: €-17k▼ -85.7% vs 2021lowest in 5 years
2023: €-10k▲ +42.4% vs 2022
2024: €-6k▲ +38.8% vs 2023
2025: €-4k▲ +25.7% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €1k after a loss of €37 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €268k
Fixed assets
€265k ▼ 6.4%
Current assets
€4k ▲ 13.1%
Key figures and ratios
EBITDA
€23k▲
2024 · €22k
Cash flow
€17k▲
2024 · €16k
Solvency
-8.6%▼
2024 · -6.5%
Current ratio
0.06▲
2024 · 0.05
Debt to equity
-12.65▲
2024 · -16.34
ROA
-1.6%▲
2024 · -2.0%
Interest coverage
4.03▲
2024 · 3.61
Debt
€305k▼
2024 · €321k
Debt ≤ 1 year
€61k▼
2024 · €62k
Debt > 1 year
€245k▼
2024 · €259k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€301k€281k▼
Formation expenses20€16k€13k▼
Fixed assets21/28€283k€265k▼
Tangible fixed assets22/27€283k€265k▼
Land and buildings22€115k€109k▼
Plant, machinery and equipment23€157k€146k▼
Furniture and vehicles24€11k€10k▼
Current assets29/58€3k€4k▲
Amounts receivable within one year40/41-€1k
Trade receivables40-€1k
Cash at bank and in hand54/58€2k€2k▲
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€301k€281k▼
Equity10/15€-20k€-24k▼
Contributions10/11€23k€23k=
Profit (loss) carried forward14€-42k€-47k▼
Amounts payable17/49€321k€305k▼
Amounts payable after more than one year17€259k€245k▼
Financial debts170/4€259k€245k▼
Amounts payable within one year42/48€62k€61k▼
Current portion of amounts payable after more than one year42€14k€15k▲
Trade debts44€443€541▲
Suppliers440/4€443€541▲
Other amounts payable47/48€47k€46k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€22k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€23k€25k▲
Operating profit (loss)9901€-37€1k▲
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€-6k€-4k▲
Profit (loss) for the period9904€-6k€-4k▲
Profit (loss) for the period to be appropriated9905€-6k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-42k€-47k▼
Profit (loss) brought forward from the previous period14P€-36k€-42k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €19k | €21k | €22k | €22k | ▲ 0.4% |
| Other operating charges640/8 | €1k | €2k | €2k | €2k | €2k | ▲ 3.1% |
| Gross operating margin9900 | €824 | €10k | €19k | €23k | €25k | ▲ 6.0% |
| Operating profit (loss)9901 | €-6k | €-11k | €-4k | €-37 | €1k | ▲ 3,475% |
| Financial income75/76B | - | €1 | - | - | - | - |
| Recurring financial income75 | - | €1 | - | - | - | - |
| Financial charges65/66B | €3k | €6k | €6k | €6k | €6k | ▼ 4.6% |
| Recurring financial charges65 | €3k | €6k | €6k | €6k | €6k | ▼ 4.6% |
| Profit (loss) for the period before taxes9903 | €-9k | €-17k | €-10k | €-6k | €-4k | ▲ 25.7% |
| Profit (loss) for the period9904 | €-9k | €-17k | €-10k | €-6k | €-4k | ▲ 25.7% |
| Profit (loss) for the period to be appropriated9905 | €-9k | €-17k | €-10k | €-6k | €-4k | ▲ 25.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €302k | €340k | €320k | €301k | €281k | ▼ 6.8% |
| Formation expenses20 | €24k | €21k | €18k | €16k | €13k | ▼ 17.8% |
| Fixed assets21/28 | €269k | €314k | €299k | €283k | €265k | ▼ 6.4% |
| Tangible fixed assets22/27 | €269k | €314k | €299k | €283k | €265k | ▼ 6.4% |
| Land and buildings22 | €132k | €126k | €120k | €115k | €109k | ▼ 5.0% |
| Plant, machinery and equipment23 | €129k | €173k | €166k | €157k | €146k | ▼ 6.8% |
| Furniture and vehicles24 | €8k | €15k | €13k | €11k | €10k | ▼ 14.6% |
| Current assets29/58 | €9k | €5k | €2k | €3k | €4k | ▲ 13.1% |
| Amounts receivable within one year40/41 | - | €4k | €621 | - | €1k | - |
| Trade receivables40 | - | €4k | €621 | - | €1k | - |
| Cash at bank and in hand54/58 | €9k | €1k | €1k | €2k | €2k | ▲ 21.1% |
| Deferred charges and accrued income490/1 | - | - | - | €1k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €302k | €340k | €320k | €301k | €281k | ▼ 6.8% |
| Equity10/15 | €13k | €-4k | €-14k | €-20k | €-24k | ▼ 22.8% |
| Contributions10/11 | €23k | €23k | €23k | €23k | €23k | = |
| Profit (loss) carried forward14 | €-9k | €-26k | €-36k | €-42k | €-47k | ▼ 10.6% |
| Amounts payable17/49 | €288k | €344k | €333k | €321k | €305k | ▼ 5.0% |
| Amounts payable after more than one year17 | €253k | €287k | €273k | €259k | €245k | ▼ 5.6% |
| Financial debts170/4 | €253k | €287k | €273k | €259k | €245k | ▼ 5.6% |
| Amounts payable within one year42/48 | €35k | €57k | €60k | €62k | €61k | ▼ 2.2% |
| Current portion of amounts payable after more than one year42 | - | €13k | €14k | €14k | €15k | ▲ 2.0% |
| Trade debts44 | €17k | €4k | €757 | €443 | €541 | ▲ 22.2% |
| Suppliers440/4 | €17k | €4k | €757 | €443 | €541 | ▲ 22.2% |
| Other amounts payable47/48 | €18k | €39k | €45k | €47k | €46k | ▼ 3.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-9k | €-17k | €-10k | €-6k | €-4k | ▲ 25.7% |
| + Depreciation and write-downs630 | €6k | €19k | €21k | €22k | €22k | ▲ 0.4% |
| Operating cash flow (approximation) | €-3k | €2k | €11k | €16k | €17k | ▲ 10.4% |
| Investment in fixed assets (approximation) | - | €-65k | €-6k | €-5k | €-4k | ▲ 26.5% |
| Change in cash | - | €-8k | €53 | €397 | €356 | ▼ 10.3% |
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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
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, Huy · 1 establishment unit since 2021
Ground area
188 m²
Building footprint
83 m²
Volume, LiDAR
983 m³
Parcel 61031B0567/00P000, Wallonia · tallest building 14.5 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SOLIAS
since 20212.317.109.670
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61031B0567/00P000 | Wallonia | 188 m² | 1 · 83 m² | 14.4 m · 4 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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EXCLUSIVES EVENTS
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Of 12,020 companies in sector 68203 we hold annual accounts for 5,986. 1,729 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
Founded09-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
Contact
E-mail
madelmotte@outlook.be
Phone
0476/560032
Scores and ratios are computed by Checked and are not a credit decision.