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SOLINÈS

Active
Private limited company (pre-2019)founded 201511 yrs activeTerhulpsesteenweg 217, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0631.699.434
Summary

SOLINÈS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (-€45,007) and a net result of €44,524. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 5% of 8091 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 8091 sector peers (2025).
NBB · sector comparison
Position among 8091 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 filings
Deviation from the deadline
2025
20 d late
2024
42 d late
2023
31 d late
2022
14 d late
2021
24 d late
2020
30 d late
2019
24 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 26 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 24 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
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

SOLINÈS was incorporated on 2 June 2015.1 Total assets fell from EUR 373,115 in 2018 to EUR 66,772 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€45,007▲ 49.7%
2024 · -€89,531
Net result
€44,524▲ 62.1%
2024 · €27,464
Total assets
€66,772▼ 0.2%
2024 · €66,930
Solvency
-67.4%▲ 66.4pp
2024 · -133.8%
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
Line20212022202320242025
Operating result-€35,433▼ 45.4%-€20,755▲ 41.4%€49,218€30,678▼ 37.7%€47,431▲ 54.6%
Net result-€35,397below the sector's middle half▼ 43.2%-€20,913below the sector's middle half▲ 40.9%€48,644within the sector's middle half€27,464within the sector's middle half▼ 43.5%€44,524within the sector's middle half▲ 62.1%
Equity-€144,726below the sector's middle half▼ 32.4%-€165,639below the sector's middle half▼ 14.5%-€116,995below the sector's middle half▲ 29.4%-€89,531below the sector's middle half▲ 23.5%-€45,007below the sector's middle half▲ 49.7%
Total assets€171,620within the sector's middle half▼ 13.4%€125,721within the sector's middle half▼ 26.7%€77,445below the sector's middle half▼ 38.4%€66,930below the sector's middle half▼ 13.6%€66,772below the sector's middle half▼ 0.2%
Debt€316,346▲ 2.9%€291,360▼ 7.9%€194,440▼ 33.3%€156,461▼ 19.5%€111,779▼ 28.6%
Working capital-€249,141below the sector's middle half▼ 3.6%-€230,681below the sector's middle half▲ 7.4%-€86,088below the sector's middle half▲ 62.7%-€42,606below the sector's middle half▲ 50.5%-€25,177below the sector's middle half▲ 40.9%
Solvency-84.3%below the sector's middle half▼ 29.1pp-131.8%below the sector's middle half▼ 47.4pp-151.1%below the sector's middle half▼ 19.3pp-133.8%below the sector's middle half▲ 17.3pp-67.4%below the sector's middle half▲ 66.4pp
Current ratio0.21below the sector's middle half▼ 0.010.21below the sector's middle half=0.38below the sector's middle half▲ 0.170.56below the sector's middle half▲ 0.180.68below the sector's middle half▲ 0.12
Return on assets (ROA)-20.6%below the sector's middle half▼ 8.1pp-16.6%below the sector's middle half▲ 4.0pp62.8%above the sector's middle half▲ 79.4pp41.0%above the sector's middle half▼ 21.8pp66.7%above the sector's middle half▲ 25.6pp
above within below the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
-€50,000-€25,000€0€25,000€50,000Operating result 2021: -€35,433-€35,433Net result 2021: -€35,397-€35,397Operating result 2022: -€20,755-€20,755Net result 2022: -€20,913-€20,913Operating result 2023: €49,218€49,218Net result 2023: €48,644€48,644Operating result 2024: €30,678€30,678Net result 2024: €27,464€27,464Operating result 2025: €47,431€47,431Net result 2025: €44,524€44,52420212022202320242025€0€20,000€40,000Operating result 2023: €49,218€49,200Net result 2023: €48,644€48,600Operating result 2024: €30,678€30,700Net result 2024: €27,464€27,500Operating result 2025: €47,431€47,400Net result 2025: €44,524€44,500202320242025
The operating result recovers in 2025; 2025 is 55% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €66,772
Fixed assets €12,700 =
Current assets €54,072 ▼ 0.3%
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€79,249▼
2024 · €96,836
Debt > 1 year
€28,770▼
2024 · €42,794
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€66,930€66,772▼
Fixed assets21/28€12,700€12,700=
Financial fixed assets28€12,700€12,700=
Current assets29/58€54,230€54,072▼
Amounts receivable within one year40/41€42,380€45,860▲
Trade receivables40€37,752€34,122▼
Other amounts receivable41€4,628€11,738▲
Cash at bank and in hand54/58€11,850€6,293▼
Deferred charges and accrued income490/1-€1,919
Equity and liabilities
Total equity and liabilities10/49€66,930€66,772▼
Equity10/15-€89,531-€45,007▲
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€108,131-€63,607▲
Amounts payable17/49€156,461€111,779▼
Amounts payable after more than one year17€42,794€28,770▼
Financial debts170/4€42,794€28,770▼
Amounts payable within one year42/48€96,836€79,249▼
Current portion of amounts payable after more than one year42€13,388€14,024▲
Trade debts44€1,025€7,285▲
Suppliers440/4€1,025€7,285▲
Taxes, remuneration and social security45€5,447€4,221▼
Taxes450/3€5,447€4,221▼
Other amounts payable47/48€76,977€53,719▼
Accrued charges and deferred income492/3€16,831€3,760▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,969€0▼
Other operating charges640/8€772€400▼
Gross operating margin9900€44,419€47,831▲
Operating profit (loss)9901€30,678€47,431▲
Financial charges65/66B€3,214€2,907▼
Recurring financial charges65€3,214€2,907▼
Profit (loss) for the period before taxes9903€27,464€44,524▲
Profit (loss) for the period9904€27,464€44,524▲
Profit (loss) for the period to be appropriated9905€27,464€44,524▲
Appropriation of the result
Profit (loss) to be appropriated9906-€108,131-€63,607▲
Profit (loss) brought forward from the previous period14P-€135,595-€108,131▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39,372€39,372€38,889€12,969€0▼ 100%
Other operating charges640/8€503€348-€772€400▼ 48.2%
Gross operating margin9900€4,442€18,965€88,107€44,419€47,831▲ 7.7%
Operating profit (loss)9901-€35,433-€20,755€49,218€30,678€47,431▲ 54.6%
Financial income75/76B€187-----
Recurring financial income75€187-----
Financial charges65/66B€152€158€574€3,214€2,907▼ 9.5%
Recurring financial charges65€152€158€574€3,214€2,907▼ 9.5%
Profit (loss) for the period before taxes9903-€35,397-€20,913€48,644€27,464€44,524▲ 62.1%
Profit (loss) for the period9904-€35,397-€20,913€48,644€27,464€44,524▲ 62.1%
Profit (loss) for the period to be appropriated9905-€35,397-€20,913€48,644€27,464€44,524▲ 62.1%
Line20212022202320242025Change
Assets
Total assets20/58€171,620€125,721€77,445€66,930€66,772▼ 0.2%
Fixed assets21/28€104,414€65,042€25,669€12,700€12,700=
Intangible fixed assets21€90,747€51,858€12,969---
Tangible fixed assets22/27€967€484----
Furniture and vehicles24€967€484----
Financial fixed assets28€12,700€12,700€12,700€12,700€12,700=
Current assets29/58€67,205€60,679€51,775€54,230€54,072▼ 0.3%
Amounts receivable within one year40/41€45,720€57,367€41,332€42,380€45,860▲ 8.2%
Trade receivables40€44,317€55,965€39,930€37,752€34,122▼ 9.6%
Other amounts receivable41€1,402€1,402€1,402€4,628€11,738▲ 154%
Cash at bank and in hand54/58€21,486€3,312€10,443€11,850€6,293▼ 46.9%
Deferred charges and accrued income490/1----€1,919-
Equity and liabilities
Total equity and liabilities10/49€171,620€125,721€77,445€66,930€66,772▼ 0.2%
Equity10/15-€144,726-€165,639-€116,995-€89,531-€45,007▲ 49.7%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Profit (loss) carried forward14-€163,326-€184,239-€135,595-€108,131-€63,607▲ 41.2%
Amounts payable17/49€316,346€291,360€194,440€156,461€111,779▼ 28.6%
Amounts payable after more than one year17--€56,182€42,794€28,770▼ 32.8%
Financial debts170/4--€56,182€42,794€28,770▼ 32.8%
Amounts payable within one year42/48€316,346€291,360€137,863€96,836€79,249▼ 18.2%
Current portion of amounts payable after more than one year42--€12,780€13,388€14,024▲ 4.8%
Trade debts44€36,719€16,252€3,000€1,025€7,285▲ 610%
Suppliers440/4€36,719€16,252€3,000€1,025€7,285▲ 610%
Taxes, remuneration and social security45€3,402€5,045€4,980€5,447€4,221▼ 22.5%
Taxes450/3€3,402€5,045€4,980€5,447€4,221▼ 22.5%
Other amounts payable47/48€276,225€270,063€117,103€76,977€53,719▼ 30.2%
Accrued charges and deferred income492/3--€395€16,831€3,760▼ 77.7%
Line20212022202320242025Change
Profit (loss) for the period9904-€35,397-€20,913€48,644€27,464€44,524▲ 62.1%
+ Depreciation and write-downs630€39,372€39,372€38,889€12,969€0▼ 100%
Operating cash flow (approximation)€3,975€18,460€87,533€40,433€44,524▲ 10.1%
Investment in fixed assets (approximation)-€0€484€0€0-
Change in cash--€18,173€7,131€1,407-€5,557▼ 495%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
20-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
11-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 42 days late
2024
31-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial Back to profitnet €48,644
Net result €48,644 after 4 loss-making years.
14-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
2022
24-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial Weakest financial yearnet -€35,397
Net result drops to -€35,397, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
24-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
26-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
18-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 49 days late
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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

Directors
2 acts for this company are 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, Watermaal-Bosvoorde · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
923 m²
Building footprint
374 m²
Volume, LiDAR
4,797 m³
2 parcels, Brussels · tallest building 21.0 m, ±6 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
SOLINÈS
Gachardstraat 41, 1050 ElseneHoldings
since 20152.243.175.973
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21444B0198/00E010 Brussels 628 m² 1 · 186 m² 21.0 m · 6 fl.
21652E0393/00S000 Brussels 295 m² 1 · 188 m² 15.1 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded02-06-2015
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68110Buying and selling of own real estate
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0631699434
Also 9925:BE0631699434
Registered 28-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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