Solibo
ActiveSummary
Solibo has been active since 1962 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €780k and a net result of €-134k. 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 €35k 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 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 €-134k
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 filingsDeviation 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€780k▼ 14.7%
2024 · €915k
Total assets
€2.20M▼ 0.3%
2024 · €2.20M
Net result
€-134k▼ 26.0%
2024 · €-107k
Working capital
€-1.38M▼ 10.8%
2024 · €-1.24M
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€-91k▲ 23.5%€-138k▼ 50.9%€-137k▲ 0.5%€-98k▲ 29.0%€-124k▼ 27.3%
Net result€-92k▲ 23.0%€-141k▼ 53.0%€-142k▼ 0.9%€-107k▲ 25.1%€-134k▼ 26.0%
Equity€1.31M€1.16M▼ 10.8%€1.02M▼ 12.2%€915k▼ 10.4%€780k▼ 14.7%
Total assets€2.29M▼ 0.7%€2.23M▼ 2.5%€2.20M▼ 1.5%€2.20M▲ 0.3%€2.20M▼ 0.3%
Debt€981k▼ 57.5%€1.07M▲ 8.6%€1.17M▲ 10.3%€1.29M▲ 9.7%€1.42M▲ 9.9%
Working capital€-926k▲ 59.1%€-1.03M▼ 10.8%€-1.13M▼ 10.2%€-1.24M▼ 9.6%€-1.38M▼ 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
The operating result stays negative: a loss of €124k in 2025 against €98k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.20M
Fixed assets
€2.16M =
Current assets
€40k ▼ 15.3%
Equity and liabilities €2.20M
Equity
€780k ▼ 14.7%
Debt
€1.42M ▲ 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
EBITDA
€-113k▼
2024 · €-87k
Cash flow
€-124k▼
2024 · €-97k
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
€1.42M▲
2024 · €1.29M
Staff costs
€242k▼
2024 · €248k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €162k | €237k | €267k | €248k | €242k | ▼ 2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €42k | €42k | €40k | €10k | €11k | ▲ 6.4% |
| Other operating charges640/8 | €15k | €12k | €17k | €17k | €21k | ▲ 21.0% |
| Non-recurring operating charges66A | €2k | €300 | - | - | - | - |
| Gross operating margin9900 | €129k | €153k | €186k | €177k | €149k | ▼ 15.9% |
| Operating profit (loss)9901 | €-91k | €-138k | €-137k | €-98k | €-124k | ▼ 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 | €3k | €6k | €9k | €10k | ▲ 14.6% |
| Recurring financial charges65 | €942 | €3k | €6k | €9k | €10k | ▲ 14.6% |
| Profit (loss) for the period before taxes9903 | €-92k | €-141k | €-142k | €-107k | €-134k | ▼ 26.0% |
| Profit (loss) for the period9904 | €-92k | €-141k | €-142k | €-107k | €-134k | ▼ 26.0% |
| Profit (loss) for the period to be appropriated9905 | €-92k | €-141k | €-142k | €-107k | €-134k | ▼ 26.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.29M | €2.23M | €2.20M | €2.20M | €2.20M | ▼ 0.3% |
| Fixed assets21/28 | €2.23M | €2.19M | €2.15M | €2.16M | €2.16M | = |
| Intangible fixed assets21 | €2k | €1k | €2k | €1k | €826 | ▼ 34.6% |
| Tangible fixed assets22/27 | €2.23M | €2.19M | €2.15M | €2.15M | €2.15M | = |
| Land and buildings22 | €1.68M | €1.65M | €1.62M | €1.62M | €1.62M | = |
| Plant, machinery and equipment23 | €543k | €536k | €528k | €532k | €533k | ▲ 0.2% |
| Furniture and vehicles24 | €5k | €3k | €3k | €4k | €3k | ▼ 19.3% |
| Financial fixed assets28 | €40 | €40 | €40 | €40 | €40 | = |
| Current assets29/58 | €54k | €38k | €43k | €47k | €40k | ▼ 15.3% |
| Stocks and contracts in progress3 | €9k | €12k | €13k | €15k | €16k | ▲ 7.3% |
| Stocks30/36 | €9k | €12k | €13k | €15k | €16k | ▲ 7.3% |
| Amounts receivable within one year40/41 | €19k | €11k | €10k | €16k | €8k | ▼ 48.7% |
| Trade receivables40 | €13k | €11k | €10k | €16k | €8k | ▼ 48.7% |
| Other amounts receivable41 | €6k | - | - | - | - | - |
| Cash at bank and in hand54/58 | €24k | €12k | €16k | €12k | €8k | ▼ 26.3% |
| Deferred charges and accrued income490/1 | €3k | €3k | €3k | €4k | €7k | ▲ 56.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.29M | €2.23M | €2.20M | €2.20M | €2.20M | ▼ 0.3% |
| Equity10/15 | €1.31M | €1.16M | €1.02M | €915k | €780k | ▼ 14.7% |
| Contributions10/11 | €1.57M | €1.57M | €1.57M | €1.57M | €1.57M | = |
| Capital10 | €1.57M | €1.57M | €1.57M | €1.57M | €1.57M | = |
| Issued capital100 | €1.57M | €1.57M | €1.57M | €1.57M | €1.57M | = |
| Reserves13 | €17k | €17k | €17k | €17k | €17k | = |
| Non-distributable reserves130/1 | €9k | €9k | €9k | €9k | €9k | = |
| Legal reserve130 | €9k | €9k | €9k | €9k | €9k | = |
| Distributable reserves133 | €8k | €8k | €8k | €8k | €8k | = |
| Profit (loss) carried forward14 | €-285k | €-427k | €-569k | €-676k | €-810k | ▼ 19.9% |
| Amounts payable17/49 | €981k | €1.07M | €1.17M | €1.29M | €1.42M | ▲ 9.9% |
| Amounts payable within one year42/48 | €981k | €1.07M | €1.17M | €1.29M | €1.42M | ▲ 9.9% |
| Trade debts44 | €55k | €104k | €126k | €125k | €134k | ▲ 7.2% |
| Suppliers440/4 | €55k | €104k | €126k | €125k | €134k | ▲ 7.2% |
| Taxes, remuneration and social security45 | €39k | €59k | €60k | €76k | €66k | ▼ 12.8% |
| Taxes450/3 | €3k | €14k | €12k | €16k | €14k | ▼ 11.3% |
| Remuneration and social security454/9 | €36k | €44k | €48k | €60k | €52k | ▼ 13.2% |
| Other amounts payable47/48 | €887k | €903k | €989k | €1.09M | €1.22M | ▲ 11.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-92k | €-141k | €-142k | €-107k | €-134k | ▼ 26.0% |
| + Depreciation and write-downs630 | €42k | €42k | €40k | €10k | €11k | ▲ 6.4% |
| Operating cash flow (approximation) | €-50k | €-99k | €-103k | €-97k | €-124k | ▼ 28.1% |
| Investment in fixed assets (approximation) | - | €-1k | €-3k | €-12k | €-11k | ▲ 14.2% |
| Change in cash | - | €-11k | €3k | €-4k | €-3k | ▲ 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.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
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 €-142k
Net result drops to €-142k, 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 €1.31M
Equity rises from €-3k to €1.31M.
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
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
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 siteRoeselare2.233.521.703
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Of 20,501 companies in sector 56111 we hold annual accounts for 11,452. 4,972 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.