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SOLIDWORX

Active
Private limited companyfounded 20214 yrs activeKeizerslaan 10, 1000 Brussel, BelgiumKBO/BCE: BE 0777.442.726
Summary

SOLIDWORX has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €13,564 and a net result of €6,195. Equity is growing by ~38.7% per year across the filed fiscal years. Its solvency ranks better than 45% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability93▲+58
Solvency82▲+32
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 2.27 against 1.34 in 2023; short-term debt: 42.5% of total assets), and 42.5% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
57.5%
Return on assets
26.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
1 d early
2023
on the day
2022
24 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 8 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (1)
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 17 November 2021, SOLIDWORX was incorporated as a Private limited company.1 Total assets went from EUR 52,327 in 2022 to EUR 23,600 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€13,564▲ 84.1%
2023 · €7,368
Total assets
€23,600▼ 19.3%
2023 · €29,261
Net result
€6,195
2023 · -€278
Working capital
€12,768▲ 73.3%
2023 · €7,368
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Operating result-€1,563-€1,848€5,222▲ 183%
Net result-€2,353below the sector's middle half--€278below the sector's middle half▲ 88.2%€6,195within the sector's middle half
Equity€7,647below the sector's middle half-€7,368below the sector's middle half▼ 3.6%€13,564below the sector's middle half▲ 84.1%
Total assets€52,327below the sector's middle half-€29,261below the sector's middle half▼ 44.1%€23,600below the sector's middle half▼ 19.3%
Debt€44,680-€21,893▼ 51.0%€10,036▼ 54.2%
Working capital€7,647-€7,368▼ 3.6%€12,768▲ 73.3%
Solvency14.6%below the sector's middle half-25.2%below the sector's middle half▲ 10.6pp57.5%within the sector's middle half▲ 32.3pp
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€2,500€0€2,500€5,000Operating result 2022: -€1,563-€1,563Net result 2022: -€2,353-€2,353Operating result 2023: €1,848€1,848Net result 2023: -€278-€278Operating result 2024: €5,222€5,222Net result 2024: €6,195€6,195202220232024-€2,500€0€2,500€5,000Operating result 2022: -€1,563-€1,560Net result 2022: -€2,353-€2,350Operating result 2023: €1,848€1,850Net result 2023: -€278-€278Operating result 2024: €5,222€5,220Net result 2024: €6,195€6,200202220232024
The operating result has risen two years in a row; 2024 is 183% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €23,600
Fixed assets €796
Current assets €22,803
Equity and liabilities €23,600
Equity €13,564 ▲ 84.1%
Debt €10,036 ▼ 54.2%
Debt's share of the balance-sheet total falls from 74.8% to 42.5%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€5,347
Cash flow
€6,321
Current ratio
2.27▲
2023 · 1.34
Debt to equity
0.74▼
2023 · 2.97
ROE
45.7%▲
2023 · -3.8%
ROA
26.3%▲
2023 · -1.0%
Interest coverage
5.13
Debt ≤ 1 year
€10,036▼
2023 · €21,893
Income taxes
-€903▼
2023 · €945
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,275 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet Code20232024
Assets
Total assets20/58€29,261€23,600▼
Fixed assets21/28-€796
Tangible fixed assets22/27-€796
Plant, machinery and equipment23-€796
Current assets29/58€29,261€22,803▼
Amounts receivable within one year40/41€28,780€22,239▼
Trade receivables40€17,565€8,405▼
Other amounts receivable41€11,215€13,834▲
Deferred charges and accrued income490/1€482€564▲
Equity and liabilities
Total equity and liabilities10/49€29,261€23,600▼
Equity10/15€7,368€13,564▲
Contributions10/11€10,000€10,000=
Capital10€10,000€10,000=
Issued capital100€10,000€10,000=
Profit (loss) carried forward14-€2,632€3,564▲
Amounts payable17/49€21,893€10,036▼
Amounts payable within one year42/48€21,893€10,036▼
Financial debts43€2,546€7,975▲
Credit institutions430/8€2,546€7,975▲
Trade debts44-€650
Suppliers440/4-€650
Taxes, remuneration and social security45€19,347€1,411▼
Taxes450/3€19,347€1,411▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€126
Other operating charges640/8-€252
Gross operating margin9900€1,848€5,599▲
Operating profit (loss)9901€1,848€5,222▲
Financial income75/76B-€1,113
Recurring financial income75-€1,113
Financial charges65/66B€1,181€1,043▼
Recurring financial charges65€1,181€1,043▼
Profit (loss) for the period before taxes9903€666€5,292▲
Income taxes67/77€945-€903▼
Profit (loss) for the period9904-€278€6,195▲
Profit (loss) for the period to be appropriated9905-€278€6,195▲
Appropriation of the result
Profit (loss) to be appropriated9906-€2,632€3,564▲
Profit (loss) brought forward from the previous period14P-€2,353-€2,632▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€126-
Other operating charges640/8--€252-
Gross operating margin9900-€1,563€1,848€5,599▲ 203%
Operating profit (loss)9901-€1,563€1,848€5,222▲ 183%
Financial income75/76B€0-€1,113-
Recurring financial income75€0-€1,113-
Financial charges65/66B€791€1,181€1,043▼ 11.7%
Recurring financial charges65€791€1,181€1,043▼ 11.7%
Profit (loss) for the period before taxes9903-€2,353€666€5,292▲ 694%
Income taxes67/77-€945-€903▼ 196%
Profit (loss) for the period9904-€2,353-€278€6,195▲ 2,326%
Profit (loss) for the period to be appropriated9905-€2,353-€278€6,195▲ 2,326%
Line202220232024Change
Assets
Total assets20/58€52,327€29,261€23,600▼ 19.3%
Fixed assets21/28--€796-
Tangible fixed assets22/27--€796-
Plant, machinery and equipment23--€796-
Current assets29/58€52,327€29,261€22,803▼ 22.1%
Amounts receivable within one year40/41€51,991€28,780€22,239▼ 22.7%
Trade receivables40€42,001€17,565€8,405▼ 52.1%
Other amounts receivable41€9,990€11,215€13,834▲ 23.4%
Deferred charges and accrued income490/1€336€482€564▲ 17.2%
Equity and liabilities
Total equity and liabilities10/49€52,327€29,261€23,600▼ 19.3%
Equity10/15€7,647€7,368€13,564▲ 84.1%
Contributions10/11€10,000€10,000€10,000=
Capital10€10,000€10,000€10,000=
Issued capital100€10,000€10,000€10,000=
Profit (loss) carried forward14-€2,353-€2,632€3,564▲ 235%
Amounts payable17/49€44,680€21,893€10,036▼ 54.2%
Amounts payable within one year42/48€44,680€21,893€10,036▼ 54.2%
Financial debts43€5,567€2,546€7,975▲ 213%
Credit institutions430/8€5,567€2,546€7,975▲ 213%
Trade debts44€27,310-€650-
Suppliers440/4€27,310-€650-
Taxes, remuneration and social security45€11,803€19,347€1,411▼ 92.7%
Taxes450/3€11,803€19,347€1,411▼ 92.7%
Line202220232024Change
Profit (loss) for the period9904-€2,353-€278€6,195▲ 2,326%
+ Depreciation and write-downs630--€126-
Operating cash flow (approximation)-€2,353-€278€6,321▲ 2,372%

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

2025
30-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €6,195
Net result €6,195 after 2 loss-making years.
31-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
24-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Brussel
exact location from the address register On OpenStreetMap
Ground area
670 m²
Building footprint
488 m²
Volume, LiDAR
11,099 m³
Parcel 21808H1778/00D000, Brussels · tallest building 27.7 m, ±8 floors. Linked by address, not a title deed.
471 companies at this address See who is registered here
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21808H1778/00D000 Brussels 670 m² 1 · 488 m² 27.7 m · 8 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.

Similar companies · same sector, comparable size

Of 30,007 companies in sector 62200 we hold annual accounts for 18,396. 11,170 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded17-11-2021
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID 0208:0777442726
Also 9925:BE0777442726
Registered 19-11-2025

Register as of 27 September 2026 · Peppol Directory

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