Equity
Equity fell by 48% in 11 years.
Equity fell by 48% in 11 years.
From profit to loss in 2024, after a profit of €13,000 in 2023.
The accounts state no turnover.
In 2024, 5 people joined and 5 left.
2025 accounts not filed: deadline was 31-07-2026.
Lower net result than 90% of companies in social work without accommodation. Sector median €9,520 · 511 companies.
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
The dashed line is the sector median: < 0.1% across 589 companies (NACE 88, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 88, small). It does better than 88% of them on solvency, 35% on liquidity, 3% on profitability and 8% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 929 companies had the same profile as Solidarité et Sécurité has now. Each dot stands for 3 companies, two years later.
The bankruptcy probability of Solidarité et Sécurité itself is lower: < 0.1% within 12 months. It rests on far more data about Solidarité et Sécurité than the profile alone.
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 929 companies, not a prediction for Solidarité et Sécurité. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Net loss of at least half of total assets or of the equity at the start of the financial year.
Cash is 22.6% of total assets. 0% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 6 accounts on average 41 days before the deadline. In the sector (NACE 88), the median for financial year 2024 was 24 days before the deadline, and 25% of those companies filed late.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Solidarité et Sécurité Tournai | €52,518 | €0.5m | 100.0% | 12.6 |
| Inter-Santé Herstal | €65,523 | €0.4m | -328.3% | 10.5 |
| Onafhankelijke Thuiszorg Vlaanderen- Dienstengroep Willebroek | €274,194 | €0.5m | 67.5% | 7.3 |
| Envia Waas Saint-Josse-ten-Noode | €252,407 | €0.6m | 53.6% | 10.6 |
| AIDES FAMILIALES ET AIDES SENIORS DE GANSHOREN Ganshoren | €266,833 | €0.5m | 66.3% | 7.5 |
| Aide sociale aux Familles et aux Personnes âgées de Koekelberg Koekelberg | €281,127 | €1.3m | -12.1% | 29.3 |
| STEP AUTONOMIES Liège | €153,297 | €0.2m | 46.0% | - |
These companies have the same main activity as Solidarité et Sécurité: social work activities without accommodation (NACE 88101). They are comparable in size and age: total assets between €65,500 and €281,000, founded between 1970 and 2005.
Solidarité et Sécurité has existed since 1992. The gross margin grew from €330,956 in 2008 to €468,221 in 2024.
Solvency rose in 2024 from 67.4% to 100.0% because of a capital increase and lower debts.
In July 2022, the Official Gazette published the appointment of CAUDRON Tania as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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