SOLIMO
ActiveSOLIMO has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €6.59M and a net result of €-715k. Equity is shrinking by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 65% of 668 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-41
Solvency74▼-7
Growth32=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €260k at 30 days only on tighter terms
Liquidity tight (current ratio 1.19 against 1.36 in 2023), and 52.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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
not confirmed
2024
27 d late
2023
on the day
2022
27 d early
2021
121 d late
2020
90 d late
2019
76 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€6.59M▼ 9.8%
2023 · €7.30M
2020: €7.72M
2021: €9.15M
2022: €6.70M
2023: €7.30M
2020 → 2024
Total assets
€13.97M▼ 3.2%
2023 · €14.43M
2020: €9.71M
2021: €13.40M
2022: €13.04M
2023: €14.43M
2020 → 2024
Net result
€-715k
2023 · €601k
2020: €5.70M
2021: €1.43M
2022: €-2.45M
2023: €601k
2020 → 2024
Working capital
€1.24M▼ 42.6%
2023 · €2.16M
2020: €6.02M
2021: €5.36M
2022: €2.30M
2023: €2.16M
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€7.72M-€9.15M▲ 18.5%€6.70M▼ 26.8%€7.30M▲ 9.0%€6.59M▼ 9.8%
Operating result€7.16M-€345k▼ 95.2%€-99k€289k€-54k
Net result€5.70M-€1.43M▼ 74.9%€-2.45M€601k€-715k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €54k after €289k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €13.97M
Fixed assets
€6.35M▲ 2.1%
Current assets
€7.63M▼ 7.2%
Equity and liabilities €13.97M
Equity
€6.59M▼ 9.8%
Provisions
€85k▼ 3.3%
Debt
€7.30M▲ 3.7%
The debt ratio rises from 48.8% to 52.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€137k▼
2023 · €436k
Cash flow
€-525k▼
2023 · €748k
Solvency
47.1%▼
2023 · 50.6%
Current ratio
1.19▼
2023 · 1.36
Quick ratio
1.19▼
2023 · 1.36
Debt / equity
1.11▲
2023 · 0.96
ROE
-10.9%▼
2023 · 8.2%
ROA
-5.1%▼
2023 · 4.2%
Interest coverage
0.20▼
2023 · 7.18
Debt
€7.30M▲
2023 · €7.04M
Debt ≤ 1 year
€6.39M▲
2023 · €6.06M
Debt > 1 year
€915k▼
2023 · €985k
Income taxes
€512▲
2023 · €71
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Total assets20/58€14.43M€13.97M▼
Fixed assets21/28€6.21M€6.35M▲
Formation expenses20-€0
Tangible fixed assets22/27€6.21M€6.35M▲
Current assets29/58€8.22M€7.63M▼
Amounts receivable within one year40/41€530k€105k▼
Cash & bank54/58€7.69M€7.52M▼
Total equity & liabilities10/49€14.43M€13.97M▼
Equity10/15€7.30M€6.59M▼
Contributions / capital10/11€2.00M€2.00M=
Reserves13€322k€313k▼
Accumulated profits (losses)14€4.98M€4.27M▼
Provisions & deferred taxes16€88k€85k▼
Amounts payable17/49€7.04M€7.30M▲
Amounts payable after one year17€985k€915k▼
Amounts payable within one year42/48€6.06M€6.39M▲
Trade debts payable within one year44€3k€9k▲
Income statement
Code20232024
Gross operating margin9900€451k€149k▼
Operating result9901€289k€-54k▼
Financial income75€370k€30k▼
Financial charges65€61k€694k▲
Result before taxes9903€598k€-718k▼
Income taxes67/77€71€512▲
Net result for the period9904€601k€-715k▼
Result to be appropriated9905€609k€-707k▼
Timeline · acts, filings and financial milestones
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €601k
Net result €601k after one loss-making year.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-2.45M ▼271%
Net result drops to €-2.45M, the lowest in the series; recovery starts the following year.
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 121 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 90 days late
2020
15-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 76 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
18-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
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Of 2,989 companies in sector 55203 we hold annual accounts for 664. 110 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded13-06-1991
Fiscal year end31-12
Activities, NACEBEL
55203Holiday cottages, homes and apartments
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 27-08-2026. Scores and ratios are computed by Checked and are not a credit decision.