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Solibo

Active
Public limited companyfounded 196264 yrs activeHeropbouwstraat 186, 8800 Roeselare, BelgiumKBO/BCE: BE 0402.754.589
Summary

Solibo has been active since 1962 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €780,329 and a net result of -€134,420. Equity is growing by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 56% of 3705 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability11▼-2
Solvency61▼-6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity short (current ratio 0.03 against 0.04 in 2024; short-term debt: 64.5% and cash: 0.4% of total assets), and 64.5% of the assets are financed with debt.
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Signals

Five 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 64 years 0 70 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€134,420
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 filings
Deviation from the deadline
2025
26 d late
2024
26 d late
2023
30 d late
2022
28 d late
2021
26 d late
2020
27 d late
2019
55 d late
← 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 months
Position in the running window
26-09-2026 today31-12-2026 close31-07-2027 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

History

On 13 April 1962, Solibo was incorporated.1 Total assets went from EUR 2.4 million in 2018 to EUR 2.2 million in 2025 and headcount from 10.6 to 6.3 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€780,329▼ 14.7%
2024 · €914,750
Total assets
€2.2m▼ 0.3%
2024 · €2.2m
Net result
-€134,420▼ 26.0%
2024 · -€106,661
Working capital
-€1.4m▼ 10.8%
2024 · -€1.2m
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-€91,452▲ 23.5%-€137,966▼ 50.9%-€137,276▲ 0.5%-€97,508▲ 29.0%-€124,095▼ 27.3%
Net result-€92,271▲ 23.0%-€141,167▼ 53.0%-€142,435▼ 0.9%-€106,661▲ 25.1%-€134,420▼ 26.0%
Equity€1.3m€1.2m▼ 10.8%€1.0m▼ 12.2%€914,750▼ 10.4%€780,329▼ 14.7%
Total assets€2.3m▼ 0.7%€2.2m▼ 2.5%€2.2m▼ 1.5%€2.2m▲ 0.3%€2.2m▼ 0.3%
Debt€980,818▼ 57.5%€1.1m▲ 8.6%€1.2m▲ 10.3%€1.3m▲ 9.7%€1.4m▲ 9.9%
Working capital-€926,410▲ 59.1%-€1.0m▼ 10.8%-€1.1m▼ 10.2%-€1.2m▼ 9.6%-€1.4m▼ 10.8%
Staff (FTE)5▼ 19.4%5.8▲ 16.0%6.2▲ 6.9%5.6▼ 9.7%6.3▲ 12.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€150,000-€100,000-€50,000€0Operating result 2021: -€91,452-€91,452Net result 2021: -€92,271-€92,271Operating result 2022: -€137,966-€137,966Net result 2022: -€141,167-€141,167Operating result 2023: -€137,276-€137,276Net result 2023: -€142,435-€142,435Operating result 2024: -€97,508-€97,508Net result 2024: -€106,661-€106,661Operating result 2025: -€124,095-€124,095Net result 2025: -€134,420-€134,42020212022202320242025-€150,000-€100,000-€50,000€0Operating result 2023: -€137,276-€137,000Net result 2023: -€142,435-€142,000Operating result 2024: -€97,508-€97,500Net result 2024: -€106,661-€107,000Operating result 2025: -€124,095-€124,000Net result 2025: -€134,420-€134,000202320242025
The operating result stays negative: a loss of €124,095 in 2025 against €97,508 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.2m
Fixed assets €2.2m =
Current assets €39,961 ▼ 15.3%
Equity and liabilities €2.2m
Equity €780,329 ▼ 14.7%
Debt €1.4m ▲ 9.9%
Debt's share of the balance-sheet total rises from 58.5% to 64.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€113,446▼
2024 · -€87,496
Cash flow
-€123,771▼
2024 · -€96,649
Current ratio
0.03▼
2024 · 0.04
Quick ratio
0.02▼
2024 · 0.02
Debt to equity
1.81▲
2024 · 1.41
ROE
-17.2%▼
2024 · -11.7%
ROA
-6.1%▼
2024 · -4.8%
Interest coverage
-10.80▼
2024 · -9.55
Debt ≤ 1 year
€1.4m▲
2024 · €1.3m
Staff costs
€241,851▼
2024 · €247,727
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.2m€2.2m▼
Fixed assets21/28€2.2m€2.2m=
Intangible fixed assets21€1,264€826▼
Tangible fixed assets22/27€2.2m€2.2m=
Land and buildings22€1.6m€1.6m=
Plant, machinery and equipment23€531,867€532,925▲
Furniture and vehicles24€3,784€3,053▼
Financial fixed assets28€40€40=
Current assets29/58€47,204€39,961▼
Stocks and contracts in progress3€15,224€16,338▲
Stocks30/36€15,224€16,338▲
Amounts receivable within one year40/41€16,063€8,241▼
Trade receivables40€16,063€8,241▼
Cash at bank and in hand54/58€11,511€8,488▼
Deferred charges and accrued income490/1€4,406€6,894▲
Equity and liabilities
Total equity and liabilities10/49€2.2m€2.2m▼
Equity10/15€914,750€780,329▼
Contributions10/11€1.6m€1.6m=
Capital10€1.6m€1.6m=
Issued capital100€1.6m€1.6m=
Reserves13€16,972€16,972=
Non-distributable reserves130/1€9,130€9,130=
Legal reserve130€9,130€9,130=
Distributable reserves133€7,842€7,842=
Profit (loss) carried forward14-€675,748-€810,169▼
Amounts payable17/49€1.3m€1.4m▲
Amounts payable within one year42/48€1.3m€1.4m▲
Trade debts44€125,250€134,279▲
Suppliers440/4€125,250€134,279▲
Taxes, remuneration and social security45€75,644€65,951▼
Taxes450/3€15,861€14,075▼
Remuneration and social security454/9€59,783€51,876▼
Other amounts payable47/48€1.1m€1.2m▲
Income statement Code20242025
Remuneration, social security and pensions62€247,727€241,851▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,012€10,649▲
Other operating charges640/8€17,131€20,727▲
Gross operating margin9900€177,362€149,132▼
Operating profit (loss)9901-€97,508-€124,095▼
Financial income75/76B€5€175▲
Recurring financial income75€5€175▲
Financial charges65/66B€9,158€10,500▲
Recurring financial charges65€9,158€10,500▲
Profit (loss) for the period before taxes9903-€106,661-€134,420▼
Profit (loss) for the period9904-€106,661-€134,420▼
Profit (loss) for the period to be appropriated9905-€106,661-€134,420▼
Appropriation of the result
Profit (loss) to be appropriated9906-€675,748-€810,169▼
Profit (loss) brought forward from the previous period14P-€569,087-€675,748▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€162,045€236,939€266,580€247,727€241,851▼ 2.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41,834€41,952€39,818€10,012€10,649▲ 6.4%
Other operating charges640/8€15,079€11,632€16,509€17,131€20,727▲ 21.0%
Non-recurring operating charges66A€1,500€300----
Gross operating margin9900€129,006€152,857€185,632€177,362€149,132▼ 15.9%
Operating profit (loss)9901-€91,452-€137,966-€137,276-€97,508-€124,095▼ 27.3%
Financial income75/76B€123€11€346€5€175▲ 3,779%
Recurring financial income75€123€11€346€5€175▲ 3,779%
Financial charges65/66B€942€3,212€5,505€9,158€10,500▲ 14.6%
Recurring financial charges65€942€3,212€5,505€9,158€10,500▲ 14.6%
Profit (loss) for the period before taxes9903-€92,271-€141,167-€142,435-€106,661-€134,420▼ 26.0%
Profit (loss) for the period9904-€92,271-€141,167-€142,435-€106,661-€134,420▼ 26.0%
Profit (loss) for the period to be appropriated9905-€92,271-€141,167-€142,435-€106,661-€134,420▼ 26.0%
Line20212022202320242025Change
Assets
Total assets20/58€2.3m€2.2m€2.2m€2.2m€2.2m▼ 0.3%
Fixed assets21/28€2.2m€2.2m€2.2m€2.2m€2.2m=
Intangible fixed assets21€1,532€1,311€1,701€1,264€826▼ 34.6%
Tangible fixed assets22/27€2.2m€2.2m€2.2m€2.2m€2.2m=
Land and buildings22€1.7m€1.7m€1.6m€1.6m€1.6m=
Plant, machinery and equipment23€543,257€536,035€528,421€531,867€532,925▲ 0.2%
Furniture and vehicles24€5,068€3,166€2,746€3,784€3,053▼ 19.3%
Financial fixed assets28€40€40€40€40€40=
Current assets29/58€54,409€38,396€42,666€47,204€39,961▼ 15.3%
Stocks and contracts in progress3€9,159€12,349€13,300€15,224€16,338▲ 7.3%
Stocks30/36€9,159€12,349€13,300€15,224€16,338▲ 7.3%
Amounts receivable within one year40/41€18,521€10,539€10,410€16,063€8,241▼ 48.7%
Trade receivables40€12,944€10,539€10,410€16,063€8,241▼ 48.7%
Other amounts receivable41€5,577-----
Cash at bank and in hand54/58€23,892€12,435€15,804€11,511€8,488▼ 26.3%
Deferred charges and accrued income490/1€2,837€3,073€3,152€4,406€6,894▲ 56.5%
Equity and liabilities
Total equity and liabilities10/49€2.3m€2.2m€2.2m€2.2m€2.2m▼ 0.3%
Equity10/15€1.3m€1.2m€1.0m€914,750€780,329▼ 14.7%
Contributions10/11€1.6m€1.6m€1.6m€1.6m€1.6m=
Capital10€1.6m€1.6m€1.6m€1.6m€1.6m=
Issued capital100€1.6m€1.6m€1.6m€1.6m€1.6m=
Reserves13€16,972€16,972€16,972€16,972€16,972=
Non-distributable reserves130/1€9,130€9,130€9,130€9,130€9,130=
Legal reserve130€9,130€9,130€9,130€9,130€9,130=
Distributable reserves133€7,842€7,842€7,842€7,842€7,842=
Profit (loss) carried forward14-€285,485-€426,652-€569,087-€675,748-€810,169▼ 19.9%
Amounts payable17/49€980,818€1.1m€1.2m€1.3m€1.4m▲ 9.9%
Amounts payable within one year42/48€980,818€1.1m€1.2m€1.3m€1.4m▲ 9.9%
Trade debts44€54,926€103,748€126,306€125,250€134,279▲ 7.2%
Suppliers440/4€54,926€103,748€126,306€125,250€134,279▲ 7.2%
Taxes, remuneration and social security45€38,730€58,583€59,922€75,644€65,951▼ 12.8%
Taxes450/3€2,911€14,139€11,924€15,861€14,075▼ 11.3%
Remuneration and social security454/9€35,818€44,443€47,998€59,783€51,876▼ 13.2%
Other amounts payable47/48€887,163€902,950€988,537€1.1m€1.2m▲ 11.7%
Line20212022202320242025Change
Profit (loss) for the period9904-€92,271-€141,167-€142,435-€106,661-€134,420▼ 26.0%
+ Depreciation and write-downs630€41,834€41,952€39,818€10,012€10,649▲ 6.4%
Operating cash flow (approximation)-€50,437-€99,215-€102,617-€96,649-€123,771▼ 28.1%
Investment in fixed assets (approximation)--€1,261-€2,598-€12,288-€10,538▲ 14.2%
Change in cash--€11,458€3,369-€4,293-€3,022▲ 29.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
26-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
26-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial Weakest financial yearnet -€142,435
Net result drops to -€142,435, the lowest in the series; recovery starts the following year.
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
26-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial Equity above €1mEq €1.3m
Equity rises from -€2,716 to €1.3m.
27-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
24-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
2019
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 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 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 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, Roeselare · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
7,874 m²
Building footprint
362 m²
Volume, LiDAR
1,820 m³
Parcel 36502B0638/00K000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Zaal Orchidee
Heropbouwstraat 186, 8800 RoeselareFood and beverage service activities
since 20132.233.521.703
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36502B0638/00K000 Flanders 7,874 m² 1 · 362 m² 8.2 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Roeselare2.233.521.703
1 permission
Toelating · Eetgelegenheid · since 26-08-2014

Similar companies · same sector, comparable size

Of 20,501 companies in sector 56111 we hold annual accounts for 11,453. 4,971 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded13-04-1962
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants

Scores and ratios are computed by Checked and are not a credit decision.