SOLIPRO
ActiveSummary
SOLIPRO has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €106,470 and a net result of €333,911. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 16% of 2,799 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 03-07-2018 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 1 other
- Joint committees
- 124 Paritair Comité voor het bouwbedrijf
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.277.221.587 4651 Herve, since 05-07-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 02-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.2%
- Gross margin
- €1.4m
- ▼ 18.9%
- Turnover
- ≈ €2.4m
- estimated
- Profit
- €333,911
- ▼ 15.6%
- Equity
- €106,470
- ▼ 81.4%
- Total assets
- €1.6m
- ▼ 12.6%
- Employees on 31-12-2025
- 17
- ▼ 15.0%
Score breakdownraises riskEquity €106,470 (6.6% of total assets)Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskProfit of €333,911 (financial year 2025)Figures for financial year 2025 (filed on 05-08-2026)Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, small). It does better than 14% of them on solvency, 15% on liquidity, 96% on profitability and 3% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
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.
Signals
The company filed its last 7 accounts on average 1 day before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 31-07-2026 at the NBB all 8 filings
Every figure per financial year
The operating result for 2025 is 14% lower than in 2024 and the lowest since 2021. It is the second fall in a row.
The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 22 | 18 | 23 | 20 | 17 |
| full-time | 20 | 16 | 21 | 18 | 15 |
| part-time | 2 | 2 | 2 | 2 | 2 |
| in full-time equivalents | 21.3 | 17.3 | 22.3 | 19.3 | 16.3 |
| Average over the year, in full-time equivalents | 21.4 | 18.7 | 20.9 | 21.3 | 16.3 |
| On a permanent contract | 20 | 17 | 23 | 19 | 15 |
| Joined | 9 | 6 | 13 | 3 | 5 |
| Left | 8 | 9 | 8 | 6 | 8 |
| Training hours | 856 | - | - | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €175,060 | €75,653 | €74,810 | €152,500 | €14,537 |
| Financial fixed assets | €744 | €364 | - | - | - |
| Depreciation and write-downs of the year | €90,536 | €100,942 | €78,301 | €100,108 | €107,555 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €0.8m | €0.8m | €1.0m | €1.0m | €0.8m | ▼ 20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.008m | €0.08m | €0.06m | €0.09m | €0.1m | €0.08m | €0.1m | €0.1m | ▲ 7.4% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | - | - | €0.02m | -€0.02m | - |
| Other operating charges640/8 | - | - | - | €0.02m | €0.006m | €0.02m | €0.008m | €0.008m | ▼ 3.6% |
| Gross operating margin9900 | €0.3m | €1.2m | €1.4m | €1.2m | €1.4m | €2.0m | €1.7m | €1.4m | ▼ 18.9% |
| Operating profit (loss)9901 | €0.1m | €0.4m | €0.5m | €0.3m | €0.5m | €0.9m | €0.6m | €0.5m | ▼ 13.9% |
| Financial income75/76B | - | - | - | €0.02m | €0.02m | €0.03m | €0.03m | €0.02m | ▼ 30.6% |
| Recurring financial income75 | €0.003m | €0.01m | €0.02m | €0.02m | €0.02m | €0.03m | €0.03m | €0.02m | ▼ 30.6% |
| Financial charges65/66B | - | - | - | €0.02m | €0.02m | €0.04m | €0.05m | €0.04m | ▼ 4.4% |
| Recurring financial charges65 | €0.001m | €0.02m | €0.03m | €0.02m | €0.02m | €0.04m | €0.05m | €0.04m | ▼ 4.4% |
| Profit (loss) for the period before taxes9903 | €0.1m | €0.4m | €0.4m | €0.3m | €0.5m | €0.9m | €0.5m | €0.5m | ▼ 15.7% |
| Income taxes67/77 | €0.04m | €0.1m | €0.1m | €0.08m | €0.1m | €0.2m | €0.1m | €0.1m | ▼ 15.7% |
| Profit (loss) for the period9904 | €0.08m | €0.3m | €0.3m | €0.3m | €0.4m | €0.7m | €0.4m | €0.3m | ▼ 15.6% |
| Transfer from tax-exempt reserves789 | - | - | - | - | - | €0.09m | - | €0.02m | - |
| Transfer to tax-exempt reserves689 | - | - | - | €0.1m | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.08m | €0.2m | €0.2m | €0.2m | €0.4m | €0.8m | €0.4m | €0.4m | ▼ 10.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.3m | €0.7m | €1.1m | €1.4m | €1.4m | €1.8m | €1.8m | €1.6m | ▼ 12.6% |
| Formation expenses20 | €0.001m | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €0.04m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 44.2% |
| Intangible fixed assets21 | - | €0.002m | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.04m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 46.4% |
| Plant, machinery and equipment23 | - | - | - | €0.06m | €0.06m | €0.08m | €0.2m | €0.08m | ▼ 49.6% |
| Furniture and vehicles24 | - | - | - | €0.2m | €0.1m | €0.08m | €0.04m | €0.03m | ▼ 33.2% |
| Other tangible fixed assets26 | - | - | - | €0.001m | €0.001m | €465 | €55 | - | - |
| Financial fixed assets28 | €0.001m | €0.001m | €0.009m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Current assets29/58 | €0.3m | €0.6m | €1.0m | €1.2m | €1.2m | €1.7m | €1.6m | €1.5m | ▼ 8.6% |
| Stocks and contracts in progress3 | €0.01m | €0.03m | €0.2m | €0.3m | - | €0.03m | €0.03m | €0.03m | ▲ 4.0% |
| Stocks30/36 | - | - | - | - | - | €0.03m | - | €0.03m | - |
| Contracts in progress37 | - | - | - | €0.3m | - | - | €0.03m | - | - |
| Amounts receivable within one year40/41 | €0.1m | €0.3m | €0.3m | €0.3m | €1.0m | €0.7m | €0.9m | €1.3m | ▲ 44.8% |
| Trade receivables40 | - | - | - | €0.2m | €0.9m | €0.6m | €0.8m | €1.2m | ▲ 45.6% |
| Other amounts receivable41 | - | - | - | €0.07m | €0.1m | €0.08m | €0.07m | €0.09m | ▲ 34.4% |
| Current investments50/53 | - | - | - | - | - | €0.3m | - | - | - |
| Cash at bank and in hand54/58 | €0.1m | €0.3m | €0.6m | €0.6m | €0.2m | €0.6m | €0.7m | €0.2m | ▼ 73.5% |
| Deferred charges and accrued income490/1 | - | - | - | €0.005m | €0.01m | €0.02m | €0.02m | €0.02m | ▼ 2.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.3m | €0.7m | €1.1m | €1.4m | €1.4m | €1.8m | €1.8m | €1.6m | ▼ 12.6% |
| Equity10/15 | €0.1m | €0.4m | €0.7m | €0.6m | €0.4m | €0.4m | €0.6m | €0.1m | ▼ 81.4% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.002m | €0.09m | €0.3m | €0.4m | €0.4m | €0.3m | €0.3m | €0.08m | ▼ 69.2% |
| Tax-exempt reserves132 | - | - | - | €0.4m | €0.4m | €0.3m | €0.1m | €0.08m | ▼ 20.0% |
| Distributable reserves133 | - | - | - | - | - | - | €0.2m | - | - |
| Profit (loss) carried forward14 | €0.08m | €0.3m | €0.4m | €0.2m | €0.03m | €0.08m | €0.3m | €0.002m | ▼ 99.2% |
| Provisions and deferred taxes16 | - | - | - | - | - | - | €0.02m | - | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | - | - | €0.02m | - | - |
| Pensions and similar obligations160 | - | - | - | - | - | - | €0.02m | - | - |
| Amounts payable17/49 | €0.2m | €0.4m | €0.4m | €0.8m | €1.0m | €1.5m | €1.2m | €1.5m | ▲ 20.6% |
| Amounts payable after more than one year17 | €0.06m | €0.1m | €0.06m | €0.1m | €0.07m | €0.05m | €0.1m | €0.06m | ▼ 44.9% |
| Financial debts170/4 | - | - | - | €0.1m | €0.07m | €0.05m | €0.1m | €0.06m | ▼ 44.9% |
| Amounts payable within one year42/48 | €0.1m | €0.3m | €0.4m | €0.7m | €0.9m | €1.4m | €1.1m | €1.4m | ▲ 27.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.08m | €0.06m | €0.07m | €0.07m | €0.05m | ▼ 23.4% |
| Trade debts44 | €0.09m | €0.1m | €0.2m | €0.2m | €0.1m | €0.5m | €0.2m | €0.3m | ▲ 42.0% |
| Suppliers440/4 | - | - | - | €0.2m | €0.1m | €0.5m | €0.2m | €0.3m | ▲ 42.0% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.03m | €0.06m | €0.03m | €0.06m | ▲ 120% |
| Taxes450/3 | - | - | - | - | €0.005m | €0.04m | €0.009m | €0.02m | ▲ 148% |
| Remuneration and social security454/9 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.03m | ▲ 106% |
| Other amounts payable47/48 | - | - | - | €0.4m | €0.7m | €0.8m | €0.8m | €1.0m | ▲ 24.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | - | €360 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €82,029 | €280,726 | €336,946 | €257,900 | €389,117 | €669,988 | €395,852 | €333,911 | ▼ 15.6% |
| + Depreciation and write-downs630 | €7,912 | €77,868 | €62,365 | €90,536 | €100,942 | €78,301 | €100,108 | €107,555 | ▲ 7.4% |
| Operating cash flow (approximation) | €89,941 | €358,594 | €399,310 | €348,437 | €490,059 | €748,289 | €495,960 | €441,466 | ▼ 11.0% |
| Investment in fixed assets (approximation) | - | -€176,378 | -€64,700 | -€175,803 | -€71,907 | -€51,243 | -€138,171 | -€14,537 | ▲ 89.5% |
| Change in cash | - | €142,028 | €294,197 | €12,416 | -€389,581 | €440,673 | €91,936 | -€527,671 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 875 companies had the same profile as SOLIPRO has now. Two years later, 96.6% were still going and 1.4% had gone bankrupt.
- Small
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SOLIPRO itself: 1.2% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 875 companies, not a prediction for SOLIPRO. 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.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-07-2026 | 2026-00380311 | |
| 31-12-2024 | full format | 31-07-2025 | 2025-00352257 | |
| 31-12-2023 | full format | 30-07-2024 | 2024-00315459 | |
| 31-12-2022 | full format | 31-08-2023 | 2023-00417959 | |
| 31-12-2021 | full format | 25-07-2022 | 2022-20225856 | |
| 31-12-2020 | full format | 29-07-2021 | 2021-42400126 | |
| 31-12-2019 | full format | 01-07-2020 | 2020-24800320 | |
| 31-12-2018 | micro format | 25-07-2019 | 2019-38600209 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 29-12-2021 Converted to unavailable equity
Network & group
Companies at the same address
6 other companies- KM INVESTMENT Registered office · since 26-02-2025Founded in 2025 · total assets €494,526 (2025) 1020.449.304
- ARDENNES 24 Registered office · since 10-01-2025Founded in 2025 · total assets €1.4m (2025) · negative equity 1018.530.682
- MM FERRONNERIE Registered office · since 21-04-2022Founded in 2022 · total assets €107,955 (2025) 0785.275.178
- INVEST 22 Registered office · since 16-03-2022Founded in 2022 · total assets €1.7m (2025) 0783.494.437
- GOODWAY Registered office · since 19-01-2017Founded in 2017 · total assets €1.6m (2025) · negative equity 0669.790.146
- SOLIMMO Registered office · since 09-09-2008Founded in 2008 · total assets €1.3m (2025) 0806.225.891
Connections & network
2 connected companiesThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
29-12
Gazette deed
Reappointment: de la KETHULLE de RYHOVE Quentin Tanguy Raphaël (director)Permanent representative: de la KETHULLE de RYHOVE Quentin Tanguy Raphaël8 points ▸
- General meeting, 22-12-2021
- Registered office clause, Cour Lemaire, 3 4651 Battice
- 200 shares
- Power of attorney, Benjamin PONCELET
- Director reappointment, de la KETHULLE de RYHOVE Quentin Tanguy Raphaël (director (not named in the articles))
- Permanent representative, de la KETHULLE de RYHOVE Quentin Tanguy Raphaël
- Registered office clause, Cour Lemaire 3, 4651 Battice
- Power of attorney, de la KETHULLE de RYHOVE Quentin Tanguy Raphaël
- The act holds 2 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
6 activities
- 1° L’achat,la vente,la prise en location et en sous-location,ainsi que la cession en location et en sous-location,le tout avec ou sans option d’achat,l’exploitation et l’entretien de maisons,appartements,bureaux,magasins,fonds de commerce,terrains,terres et domaines et,de manière générale,de tous biens immobiliers,ainsi que toutes opérations de financement. Elle pourra ériger toutes constructions pour son compte ou le compte d’un tiers,en tant que maître de l’ouvrage ou entrepreneur général et effectuer éventuellement aux biens immobiliers des transformations et mises en valeur ainsi que l’étude et l’aménagement de lotissements y compris la construction de routes et égouts,souscrire des engagements en tant que conseiller en constructions (études de génie civil et de divers équipements techniques des immeubles) ; acheter tous matériaux,signer tous contrats d’entreprises qui seraient nécessaires ; réaliser toutes opérations de change,commission et courtage,ainsi que la gérance d’immeubles. Elle peut exploiter et construire tant pour elle-même que pour des tiers,par location ou autrement,tout parking,station services et d’entretien.
- 3° L’achat et la vente d’œuvres d’art et objets de collection.
- 4° La prestation de tous services dans le cadre de son objet,y compris la gestion de patrimoine.
- A) de tous biens immobiliers accessoires aux biens immobiliers visés au numéro un ;
- B) de parcomètres,ainsi que tous autres appareils destinés à contrôler,empêcher ou limiter le stationnement de véhicules,tant sur la voie publique que dans les propriétés privées ;
- C) de tous véhicules et machines à moteur,de tous accessoires de pièces de rechanges,d’essence,d’huile,de pneumatiques et de tous articles généralement quelconques de garage.
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0699.566.176
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Recognised contractor
12 categories- D General building contractsclass 4, up to €1,080,000
- D1 All shell construction and roofing-in of buildingsclass 4, up to €1,080,000
- D5 General joinery, timber roof trusses and stairsclass 1, up to €162,000
- D8 Asphalt and similar roof coverings, waterproofingclass 1, up to €162,000
- D11 Plastering and renderingclass 1, up to €162,000
- D12 Non-metal, non-asphalt roof coveringsclass 1, up to €162,000
- D14 Glazingclass 1, up to €162,000
- D20 Metal joineryclass 1, up to €162,000
Show all 12 categories
- D22 Metal roofing and zinc workclass 1, up to €162,000
- D29 Floor screeds and industrial floor coveringsclass 1, up to €162,000
- E General civil engineering contractsclass 1, up to €162,000
- G General earthworks contractsclass 1, up to €162,000
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 63006D0361/00N000 | Wallonia | 3,602 m² | 1 · 511 m² | 7.1 m · 2 |