Equity
Equity fell by 78% in 7 years.
In July 2024, 10,902 companies had the same profile as SOLIDprogress has now. Each dot stands for 28 companies, two years later.
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 10,902 companies, not a prediction for SOLIDprogress. 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.
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.
| Company | ||||
|---|---|---|---|---|
| SOLIDprogress Zemst | €65,823 | €12,125 | 35.8% | - |
| KODEUS Tielt-Winge | €56,688 | €12,043 | 81.3% | - |
| JLEC INFORMATIQUE Overijse | €76,097 | €11,466 | 22.3% | - |
| NOLEDA Lochristi | €69,503 | €11,600 | 73.3% | - |
| Xsi Ottignies-Louvain-la-Neuve | €74,748 | €11,629 | 55.1% | - |
| 3ss Geel | €59,503 | €13,361 | 59.6% | - |
| ITSroom Schaerbeek | €63,667 | €11,244 | 23.2% | - |
These companies have the same main activity as SOLIDprogress: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €56,700 and €76,100, founded between 2013 and 2016.
SOLIDprogress files the micro format. That format states no turnover. The gross margin fell from €24,229 in 2015 to €12,125 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €65,000. Estimated: probably between €31,000 and €130,000.
Higher than 31% of 22,039 companies in 2025.
Higher than 33% of 21,339 companies in 2025.
Higher than 26% of 21,530 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
65,823 | 103,474 | 117,332 | 134,810 | 77,721 | 93,334 | 87,563 | 134,931 | 107,456 | 80,206 | 44,194 | |
21/28 |
1,891 | 2,826 | 300 | 300 | 300 | 300 | 7,880 | 16,210 | 24,540 | 30,619 | - | |
22/27 |
1,591 | 2,526 | - | - | - | - | 7,580 | 15,910 | 24,240 | 30,319 | - | |
24 |
1,591 | 2,526 | - | - | - | - | 7,580 | 15,910 | 24,240 | 30,319 | - | |
28 |
300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | - | |
29/58 |
63,932 | 100,648 | 117,032 | 134,510 | 77,421 | 93,034 | 79,684 | 118,721 | 82,916 | 49,587 | 44,194 | |
40/41 |
15,406 | 32,524 | 49,314 | 24,012 | 16,278 | 9,251 | 11,057 | 8,621 | 20,464 | 9,906 | 33,668 | |
40 |
13,286 | 32,253 | 49,223 | 23,250 | 15,246 | 7,054 | 7,760 | 8,621 | 20,464 | 9,906 | 33,608 | |
41 |
2,120 | 272 | 92 | 762 | 1,032 | 2,197 | 3,297 | - | - | - | 61 | |
50/53 |
- | - | - | - | - | 40,110 | 30,110 | - | - | - | - | |
54/58 |
47,363 | 67,014 | 67,050 | 109,533 | 60,742 | 42,615 | 37,971 | 109,153 | 61,906 | 39,135 | 10,526 | |
490/1 |
1,163 | 1,109 | 668 | 965 | 401 | 1,057 | 546 | 947 | 546 | 546 | - | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
65,823 | 103,474 | 117,332 | 134,810 | 77,721 | 93,334 | 87,563 | 134,931 | 107,456 | 80,206 | 44,194 | |
10/15 |
23,556 | 20,460 | 20,460 | 20,460 | 20,460 | 20,460 | 20,460 | 107,615 | 73,876 | 44,597 | 13,199 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | 6,200 | 6,200 | 6,200 | |
13 |
4,956 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 88,860 | 61,460 | 32,197 | 790 | |
130/1 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 790 | |
1311 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
133 |
4,956 | 1,860 | 1,860 | - | - | - | - | 87,000 | 59,600 | 30,337 | - | |
14 |
0 | 0 | 0 | 0 | 0 | - | - | 155 | 16 | - | 9 | |
17/49 |
42,267 | 83,014 | 96,872 | 114,350 | 57,261 | 72,874 | 67,103 | 27,316 | 33,580 | 35,609 | 30,995 | |
42/48 |
42,267 | 83,014 | 96,872 | 114,350 | 57,261 | 72,874 | 67,103 | 27,316 | 33,580 | 35,265 | 30,995 | |
43 |
- | - | 0 | 545 | - | - | - | - | - | - | - | |
430/8 |
- | - | 0 | 545 | - | - | - | - | - | - | - | |
44 |
188 | 3,169 | 10,354 | 727 | 1,670 | 2,027 | 256 | 2,294 | 3,658 | 1,229 | 290 | |
440/4 |
188 | 3,169 | 10,354 | 727 | 1,670 | 2,027 | 256 | 2,294 | 3,658 | 1,229 | 290 | |
45 |
574 | 8,822 | 7,025 | 13,221 | 4,941 | 5,260 | 1,066 | 16,142 | 14,663 | 23,105 | 19,754 | |
450/3 |
574 | 8,822 | 7,025 | 13,221 | 4,941 | 5,260 | 1,066 | 16,142 | 14,663 | 23,105 | 19,754 | |
47/48 |
41,505 | 71,023 | 79,494 | 99,856 | 50,650 | 65,587 | 65,782 | 8,880 | 15,259 | 10,931 | 10,950 | |
492/3 |
- | - | - | - | - | - | - | - | - | 344 | - | |
| Income statement | ||||||||||||
76A |
0 | 9,000 | - | - | - | - | - | - | - | - | - | |
9900 |
12,125 | 64,089 | 66,041 | 64,356 | 47,794 | 42,518 | 44,576 | 46,063 | 51,770 | 54,274 | 24,229 | |
630 |
935 | 278 | - | - | 0 | 7,580 | 8,330 | 8,330 | 8,330 | 7,580 | - | |
640/8 |
698 | 1,317 | 940 | 858 | 1,097 | 847 | 959 | 968 | 958 | 1,507 | 348 | |
9901 |
10,493 | 62,494 | 65,101 | 63,499 | 46,698 | 34,091 | 35,287 | 36,765 | 42,483 | 45,187 | 23,881 | |
75/76B |
268 | 282 | 72 | 9 | - | - | 78 | 60 | 35 | 13 | 0 | |
75 |
268 | 282 | 72 | 9 | - | - | 78 | 60 | 35 | 13 | 0 | |
65/66B |
5,353 | 5,471 | 683 | 182 | 167 | 94 | 626 | 1,026 | 133 | 553 | 1 | |
65 |
5,353 | 5,471 | 683 | 182 | 167 | 94 | 626 | 1,026 | 133 | 553 | 1 | |
9903 |
5,408 | 57,306 | 64,489 | 63,325 | 46,531 | 33,997 | 34,740 | 35,799 | 42,385 | 44,647 | 23,881 | |
67/77 |
2,312 | 11,435 | 13,584 | 13,287 | 10,238 | 7,803 | 7,975 | 8,260 | 13,106 | 13,249 | 8,082 | |
9904 |
3,096 | 45,870 | 50,905 | 50,038 | 36,293 | 26,194 | 26,765 | 27,539 | 29,279 | 31,398 | 15,799 | |
9905 |
3,096 | 45,870 | 50,905 | 50,038 | 36,293 | 26,194 | 26,765 | 27,539 | 29,279 | 31,398 | 15,799 | |
| Appropriation of the result | ||||||||||||
9906 |
3,096 | 45,870 | 50,905 | 50,038 | 36,293 | 26,194 | 26,920 | 27,555 | 29,279 | 31,407 | 15,799 | |
791/2 |
- | - | - | - | - | - | 87,000 | - | - | - | - | |
691/2 |
3,096 | - | - | - | - | - | - | 27,400 | 29,263 | 31,407 | 790 | |
6920 |
- | - | - | - | - | - | - | - | - | 1,070 | 790 | |
6921 |
3,096 | - | - | - | - | - | - | 27,400 | 29,263 | 30,337 | - | |
694/7 |
0 | 45,870 | 50,905 | 50,038 | 36,293 | 26,194 | 113,920 | - | - | - | 15,000 | |
694 |
0 | 45,870 | 50,905 | 50,038 | 36,293 | 26,194 | 113,920 | - | - | - | 15,000 | |
| Document | ||||||||||||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 25-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 25-06-2026 | 2026-00196038 | |
| 31-12-2024 | micro format | 25-06-2025 | 2025-00173431 | |
| 31-12-2023 | micro format | 12-07-2024 | 2024-00238127 | |
| 31-12-2022 | micro format | 02-06-2023 | 2023-00103536 | |
| 31-12-2021 | micro format | 29-07-2022 | 2022-20243832 | |
| 31-12-2020 | micro format | 22-07-2021 | 2021-38000532 | |
| 31-12-2019 | micro format | 16-09-2020 | 2020-53200386 | |
| 31-12-2018 | micro format | 23-07-2019 | 2019-35800339 | |
| 31-12-2017 | micro format | 30-07-2018 | 2018-39100535 | |
| 31-12-2016 | micro format | 30-06-2017 | 2017-23700334 | |
| 31-12-2015 | abbreviated format | 05-07-2016 | 2016-28000405 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 11,427 | 62,772 | - | - | 46,698 | 41,671 | 43,617 | 45,095 | 50,813 | 52,767 | - | ||
| 4,031 | 46,148 | - | - | 36,293 | 33,774 | 35,095 | 35,869 | 37,609 | 38,978 | - | ||
| 0 | 2,804 | - | - | 0 | 0 | 0 | 0 | 2,251 | 38,199 | - | ||
| -19,651 | -36 | -42,483 | 48,791 | 18,127 | 4,644 | -71,182 | 47,247 | 22,770 | 28,610 | - | ||
| 21,665 | 17,634 | 20,160 | 20,160 | 20,160 | 20,160 | 12,580 | 91,405 | 49,336 | 14,323 | 13,199 | ||
| 35.8% | 19.8% | 17.4% | 15.2% | 26.3% | 21.9% | 23.4% | 79.8% | 68.8% | 55.6% | 29.9% | ||
| 1.51 | 1.21 | 1.21 | 1.18 | 1.35 | 1.28 | 1.19 | 4.35 | 2.47 | 1.41 | 1.43 | ||
| 1.79 | 4.06 | 4.73 | 5.59 | 2.80 | 3.56 | 3.28 | 0.25 | 0.45 | 0.80 | 2.35 | ||
| 13.1% | 224.2% | 248.8% | 244.6% | 177.4% | 128.0% | 130.8% | 25.6% | 39.6% | 70.4% | 119.7% | ||
| 4.7% | 44.3% | 43.4% | 37.1% | 46.7% | 28.1% | 30.6% | 20.4% | 27.2% | 39.1% | 35.7% | ||
| 2.13 | 11.47 | - | - | over 100 | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €2,804 | - | - | - |
| Financial fixed assets | €0 | - | - | - | - |
| €935 | €278 | - | - | €0 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 83% lower than in 2024 and the lowest since 2015. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 80.2% to 64.2%. Equity is higher and debt is lower.
SOLIDprogress has no parent and no holdings in its annual accounts. is the only director.
via , no longer at · Treasurer and director founded in 1999 |
5.6 FTE (2018) |
The network starts from the earlier ties.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Waversebaan 7 registered office 1982 Zemst | 11-08-2015 | 2.244.577.624 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23018E0329/00B000 | 445 m² | 1 · 108 m² | 0.1 m |
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