SOLID IT CONSULTANCY
SOLID IT CONSULTANCY has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €112k and a net result of €30k. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 37% of 20792 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
| Equity | €112k |
| Net result | €30k |
| Better than sector | 37% |
| Active | 16 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 49.5% | 62.9% | |
| Net result | €30k | €27k | |
| Equity | €112k | €74k | |
| Gross operating margin | €124k | €53k | |
| Staff costs | €49k | €25k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €73k | €52k | €59k | €27k | €31k |
| Net profit | €30k | €13k | €21k | €-2k | €-4k |
| Cash flow | €57k | €42k | €46k | €23k | €15k |
| Staff costs | €49k | €25k | €21k | €20k | - |
| Income taxes | €12k | €5k | €10k | €1k | €3k |
| Dividends | €2k | - | €20k | - | - |
| Total assets | €226k | €207k | €235k | €170k | €185k |
| Equity | €112k | €84k | €71k | €70k | €72k |
| Debt | €114k | €123k | €165k | €100k | €114k |
| of which ≤ 1y | €91k | €88k | €113k | €88k | €95k |
| of which > 1y | €18k | €32k | €46k | €9k | €15k |
| Working capital | €2k | €-29k | €-45k | €-41k | €-53k |
| Employees (FTE) | - | - | - | - | - |
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Current ratio | 1.02 | 0.67 | 0.60 | 0.54 | 0.45 |
| Quick ratio | 1.02 | 0.67 | 0.60 | 0.54 | 0.45 |
| Working capital ratio | 0.9% | -13.9% | -19.2% | -23.9% | -28.3% |
| Solvency | 49.5% | 40.5% | 30.0% | 41.2% | 38.7% |
| Debt / equity | 1.02 | 1.47 | 2.33 | 1.42 | 0.21 |
| Long-term debt ratio | 0.16 | 0.39 | 0.66 | 0.14 | 0.21 |
| Interest coverage | 18.29 | 12.27 | 17.87 | 9.35 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 13.1% | 6.4% | 9.0% | -1.1% | -2.0% |
| ROE | 26.5% | 15.8% | 29.9% | -2.5% | -5.2% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €226k | €207k | €235k | €170k | €185k |
| Fixed assets | 21/28 | €132k | €148k | €164k | €115k | €132k |
| Formation expenses | 20 | - | - | €4k | €7k | €11k |
| Tangible fixed assets | 22/27 | €132k | €148k | €164k | €115k | €132k |
| Current assets | 29/58 | €93k | €59k | €68k | €47k | €42k |
| Amounts receivable within one year | 40/41 | €64k | €25k | €37k | €19k | €14k |
| Cash & bank | 54/58 | €21k | €28k | €24k | €22k | €22k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €226k | €207k | €235k | €170k | €185k |
| Equity | 10/15 | €112k | €84k | €71k | €70k | €72k |
| Contributions / capital | 10/11 | €50k | €50k | €50k | €50k | - |
| Reserves | 13 | €62k | €34k | €21k | €25k | €25k |
| Accumulated profits (losses) | 14 | - | - | - | €-6k | €-4k |
| Amounts payable | 17/49 | €114k | €123k | €165k | €100k | €114k |
| Amounts payable after one year | 17 | €18k | €32k | €46k | €9k | €15k |
| Amounts payable within one year | 42/48 | €91k | €88k | €113k | €88k | €95k |
| Trade debts payable within one year | 44 | €21k | €14k | €9k | €16k | €12k |
| Income statement | ||||||
| Gross operating margin | 9900 | €124k | €87k | €84k | €49k | €45k |
| Operating result | 9901 | €46k | €23k | €34k | €3k | €12k |
| Financial income | 75 | - | - | €0 | - | - |
| Financial charges | 65 | €4k | €4k | €3k | €3k | €3k |
| Result before taxes | 9903 | €42k | €19k | €31k | €-381 | €9k |
| Income taxes | 67/77 | €12k | €5k | €10k | €1k | €3k |
| Net result for the period | 9904 | €30k | €13k | €21k | €-2k | €6k |
| Result to be appropriated | 9905 | €30k | €13k | €21k | €-2k | €6k |
| NACE primary | Computer consultancy and computer facilities management(62200) |
| Legal form | Private limited company(610) |
| Incorporation | 06-04-2010 |
| Status | Active |
| Postal code | 2110 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050B0116/00K002 | Flanders | 5,972 m² | 1 · 859 m² | 15.8 m · 4 fl. |
| 11050A0344/00K002 | Flanders | 471 m² | 1 · 153 m² | 10.4 m · 2 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
| Legal nameNL | SOLID IT CONSULTANCY |
| AbbreviationNL | SOLICON |