SOLITECO
ActiveSummary
SOLITECO has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €113,788 and a net result of €32,402. Equity is shrinking by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 24% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▼-7
Solvency51▼-18
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 2.25 against 4.45 in 2024; short-term debt: 43.1% and cash: 77.2% of total assets), but 74.5% 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 →
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
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
25.5%
Return on assets
7.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 17090 sector peers (2025).
NBB · sector comparisonPosition among 17090 sector peers
Solvency
better than 24%
← weakest
strongest →
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
12 d early
2023
30 d late
2022
31 d late
2021
31 d late
2020
1 d early
2019
7 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
In the rankings
#10 company by total assets in Ternat, Telecoms and IT sector
Equity
€113,788▼ 38.2%
2024 · €184,097
Total assets
€445,695▲ 7.0%
2024 · €416,545
Net result
€32,402▼ 23.5%
2024 · €42,376
Working capital
€239,812▼ 24.9%
2024 · €319,379
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€50,966▼ 27.5%€45,779▼ 10.2%€30,295▼ 33.8%€71,345▲ 135%€50,516▼ 29.2%
Net result€31,295▼ 41.3%€30,109▼ 3.8%€18,463▼ 38.7%€42,376▲ 130%€32,402▼ 23.5%
Equity€209,227▼ 13.6%€197,264▼ 5.7%€184,729▼ 6.4%€184,097▼ 0.3%€113,788▼ 38.2%
Total assets€420,494▲ 9.0%€399,830▼ 4.9%€394,913▼ 1.2%€416,545▲ 5.5%€445,695▲ 7.0%
Debt€211,267▲ 47.1%€202,566▼ 4.1%€210,184▲ 3.8%€232,448▲ 10.6%€331,906▲ 42.8%
Working capital€312,423▲ 3.1%€321,217▲ 2.8%€317,002▼ 1.3%€319,379▲ 0.7%€239,812▼ 24.9%
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 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €445,695
Fixed assets
€13,977 ▲ 196%
Current assets
€431,718 ▲ 4.8%
Equity and liabilities €445,695
Equity
€113,788 ▼ 38.2%
Debt
€331,906 ▲ 42.8%
Debt's share of the balance-sheet total rises from 55.8% to 74.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€56,252▼
2024 · €74,353
Cash flow
€38,139▼
2024 · €45,385
Current ratio
2.25▼
2024 · 4.45
Debt to equity
2.92▲
2024 · 1.26
ROE
28.5%▲
2024 · 23.0%
ROA
7.3%▼
2024 · 10.2%
Interest coverage
5.59▼
2024 · 6.51
Debt ≤ 1 year
€191,906▲
2024 · €92,448
Debt > 1 year
€140,000=
2024 · €140,000
Income taxes
€14,745▼
2024 · €19,445
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,348 | €2,551 | €2,550 | €3,008 | €5,736 | ▲ 90.7% |
| Other operating charges640/8 | €793 | €1,242 | €896 | €1,056 | €1,019 | ▼ 3.5% |
| Gross operating margin9900 | €54,107 | €49,571 | €33,741 | €75,409 | €57,271 | ▼ 24.1% |
| Operating profit (loss)9901 | €50,966 | €45,779 | €30,295 | €71,345 | €50,516 | ▼ 29.2% |
| Financial income75/76B | €398 | €359 | €367 | €1,901 | €6,693 | ▲ 252% |
| Recurring financial income75 | €398 | €359 | €367 | €1,901 | €6,693 | ▲ 252% |
| Financial charges65/66B | €4,646 | €5,493 | €8,176 | €11,424 | €10,062 | ▼ 11.9% |
| Recurring financial charges65 | €4,646 | €5,493 | €8,176 | €11,424 | €10,062 | ▼ 11.9% |
| Profit (loss) for the period before taxes9903 | €46,718 | €40,644 | €22,486 | €61,821 | €47,147 | ▼ 23.7% |
| Income taxes67/77 | €15,423 | €10,535 | €4,023 | €19,445 | €14,745 | ▼ 24.2% |
| Profit (loss) for the period9904 | €31,295 | €30,109 | €18,463 | €42,376 | €32,402 | ▼ 23.5% |
| Profit (loss) for the period to be appropriated9905 | €31,295 | €30,109 | €18,463 | €42,376 | €32,402 | ▼ 23.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €420,494 | €399,830 | €394,913 | €416,545 | €445,695 | ▲ 7.0% |
| Fixed assets21/28 | €3,804 | €6,047 | €7,727 | €4,718 | €13,977 | ▲ 196% |
| Tangible fixed assets22/27 | €3,804 | €6,047 | €7,727 | €4,718 | €13,977 | ▲ 196% |
| Plant, machinery and equipment23 | €2,289 | €4,496 | €3,195 | €1,894 | €864 | ▼ 54.4% |
| Furniture and vehicles24 | €1,515 | €1,551 | €4,531 | €2,824 | €13,113 | ▲ 364% |
| Current assets29/58 | €416,690 | €393,783 | €387,186 | €411,827 | €431,718 | ▲ 4.8% |
| Amounts receivable within one year40/41 | €76,535 | €98,021 | €70,454 | €100,824 | €35,004 | ▼ 65.3% |
| Trade receivables40 | €76,517 | €88,021 | €70,445 | €100,808 | €34,497 | ▼ 65.8% |
| Other amounts receivable41 | €18 | €10,000 | €8 | €17 | €507 | ▲ 2,970% |
| Current investments50/53 | - | - | - | €100,000 | €50,000 | ▼ 50.0% |
| Cash at bank and in hand54/58 | €337,192 | €295,762 | €314,032 | €208,217 | €344,230 | ▲ 65.3% |
| Deferred charges and accrued income490/1 | €2,963 | - | €2,701 | €2,786 | €2,484 | ▼ 10.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €420,494 | €399,830 | €394,913 | €416,545 | €445,695 | ▲ 7.0% |
| Equity10/15 | €209,227 | €197,264 | €184,729 | €184,097 | €113,788 | ▼ 38.2% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €190,627 | €178,664 | €166,129 | €165,497 | €95,188 | ▼ 42.5% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €188,767 | €176,804 | €164,269 | €163,637 | €93,328 | ▼ 43.0% |
| Amounts payable17/49 | €211,267 | €202,566 | €210,184 | €232,448 | €331,906 | ▲ 42.8% |
| Amounts payable after more than one year17 | €107,000 | €130,000 | €140,000 | €140,000 | €140,000 | = |
| Financial debts170/4 | €107,000 | €130,000 | €140,000 | €140,000 | €140,000 | = |
| Amounts payable within one year42/48 | €104,267 | €72,566 | €70,184 | €92,448 | €191,906 | ▲ 108% |
| Trade debts44 | €13,970 | €2,267 | €8,069 | €10,462 | €22,059 | ▲ 111% |
| Suppliers440/4 | €13,970 | €2,267 | €8,069 | €10,462 | €22,059 | ▲ 111% |
| Taxes, remuneration and social security45 | €21,131 | €23,620 | €22,397 | €35,393 | €22,509 | ▼ 36.4% |
| Taxes450/3 | €18,731 | €15,170 | €19,497 | €35,393 | €22,509 | ▼ 36.4% |
| Remuneration and social security454/9 | €2,400 | €8,450 | €2,900 | - | - | - |
| Other amounts payable47/48 | €69,166 | €46,678 | €39,717 | €46,593 | €147,338 | ▲ 216% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31,295 | €30,109 | €18,463 | €42,376 | €32,402 | ▼ 23.5% |
| + Depreciation and write-downs630 | €2,348 | €2,551 | €2,550 | €3,008 | €5,736 | ▲ 90.7% |
| Operating cash flow (approximation) | €33,643 | €32,660 | €21,013 | €45,385 | €38,139 | ▼ 16.0% |
| Investment in fixed assets (approximation) | - | -€4,793 | -€4,230 | €0 | -€14,995 | - |
| Change in cash | - | -€41,430 | €18,270 | -€105,815 | €136,013 | ▲ 229% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
19-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €18,463 ▼38.7%
Net result drops to €18,463, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €53,307 ▲8.8%
Net result €53,307, the highest in the series.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
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, Ternat · 1 establishment unit since 2011
Ground area
808 m²
Building footprint
239 m²
Volume, LiDAR
1,513 m³
2 parcels, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SOLITECO
since 20112.201.451.523
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23091A0403/00D000 | Flanders | 656 m² | 1 · 160 m² | 7.5 m · 2 fl. |
| 23071C0988/00A002 | Flanders | 152 m² | 1 · 79 m² | 11.3 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.
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Of 16,901 companies in sector 62100 we hold annual accounts for 8,775. 6,946 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
Founded07-07-2011
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63910Web portal activities
Contact
E-mail
soliteco@gmail.com
Scores and ratios are computed by Checked and are not a credit decision.