SOLINVAL
ActiveSOLINVAL has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28k and a net result of €37k. Equity is shrinking by ~8% per year across the filed fiscal years. Its solvency ranks better than 35% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▼-2
Solvency42▼-12
Growth58=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.54 in 2024; short-term debt: 63% and cash: 36.3% of total assets), and 82.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
17.1%
Return on assets
22.4%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-03-2026, 151 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
151 d early
2024
35 d early
2023
30 d early
2022
33 d early
2021
31 d early
2020
32 d early
2019
9 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€28k▼ 44.7%
2024 · €51k
2018: €70k
2019: €57k
2020: €63k
2021: €40k
2022: €45k
2023: €49k
2024: €51k
2018 → 2025
Total assets
€166k▼ 6.1%
2024 · €176k
2018: €107k
2019: €69k
2020: €86k
2021: €168k
2022: €154k
2023: €167k
2024: €176k
2018 → 2025
Net result
€37k▼ 11.7%
2024 · €42k
2018: €7k
2019: €-13k
2020: €7k
2021: €23k
2022: €18k
2023: €28k
2024: €42k
2018 → 2025
Working capital
€27k▼ 43.2%
2024 · €48k
2018: €58k
2019: €47k
2020: €56k
2021: €15k
2022: €42k
2023: €46k
2024: €48k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€40k-€45k▲ 14.8%€49k▲ 8.5%€51k▲ 4.1%€28k▼ 44.7%
Operating result€24k-€22k▼ 7.7%€38k▲ 69.8%€58k▲ 53.3%€53k▼ 9.1%
Net result€23k-€18k▼ 21.9%€28k▲ 53.1%€42k▲ 50.5%€37k▼ 11.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €166k
Fixed assets
€34k▼ 13.9%
Current assets
€132k▼ 3.9%
Equity and liabilities €166k
Equity
€28k▼ 44.7%
Debt
€137k▲ 9.7%
The debt ratio rises from 71.0% to 82.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€61k▼
2024 · €67k
Cash flow
€45k▼
2024 · €51k
Solvency
17.1%▼
2024 · 29.0%
Current ratio
1.26▼
2024 · 1.54
Quick ratio
0.59▼
2024 · 0.88
Debt / equity
4.85▲
2024 · 2.44
ROE
130.9%▲
2024 · 82.0%
ROA
22.4%▼
2024 · 23.8%
Interest coverage
21.81▲
2024 · 21.26
Debt
€137k▲
2024 · €125k
Debt ≤ 1 year
€104k▲
2024 · €89k
Debt > 1 year
€33k▼
2024 · €36k
Income taxes
€13k▲
2024 · €13k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€176k€166k▼
Fixed assets21/28€40k€34k▼
Tangible fixed assets22/27€39k€34k▼
Furniture and vehicles24€2k€2k▲
Other tangible fixed assets26€38k€32k▼
Financial fixed assets28€250€250=
Current assets29/58€137k€132k▼
Stocks and contracts in progress3€59k€70k▲
Stocks30/36€59k€70k▲
Amounts receivable within one year40/41€3k€1k▼
Trade receivables40€2k€1k▼
Other amounts receivable41€783-
Cash at bank and in hand54/58€73k€60k▼
Deferred charges and accrued income490/1€2k€367▼
Equity and liabilities
Total equity and liabilities10/49€176k€166k▼
Equity10/15€51k€28k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€31k€8k▼
Amounts payable17/49€125k€137k▲
Amounts payable after more than one year17€36k€33k▼
Financial debts170/4€10k€2k▼
Other amounts payable178/9€27k€30k▲
Amounts payable within one year42/48€89k€104k▲
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€38k€31k▼
Suppliers440/4€38k€31k▼
Taxes, remuneration and social security45€4k€6k▲
Taxes450/3€4k€6k▲
Other amounts payable47/48€40k€60k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€8k▼
Other operating charges640/8€2k€618▼
Gross operating margin9900€69k€61k▼
Operating profit (loss)9901€58k€53k▼
Financial income75/76B€3€10▲
Recurring financial income75€3€10▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€55k€50k▼
Income taxes67/77€13k€13k▲
Profit (loss) for the period9904€42k€37k▼
Profit (loss) for the period to be appropriated9905€42k€37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€71k€68k▼
Profit (loss) brought forward from the previous period14P€29k€31k▲
Profit to be distributed694/7€40k€60k▲
Return on contributions (dividend)694€40k€60k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €42k ▲50.5%
Operating result €58k, net result €42k, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-13k ▼296%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-07
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.
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, Chaudfontaine · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Au long pré 744053 ChaudfontaineGround area
2,955 m²
Building footprint
163 m²
Volume, LiDAR
948 m³
2 parcels, Wallonia · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LIBRAIRIE ESPACE 3D
since 20152.237.016.473
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62104C0248/00W000 | Wallonia | 1,654 m² | - | - |
| 62030B0118/00_000 | Wallonia | 1,301 m² | 1 · 163 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteChaudfontaine2.237.016.473
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CALIPRESSE
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PARIAN
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TN
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Of 2,348 companies in sector 47621 we hold annual accounts for 1,246. 1,017 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-12-2014
Fiscal year end31-12
Activities, NACEBEL
47620Retail trade
47621Retail sale of newspapers and periodicals
92000Gambling and betting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.