SOLITECO
ActiveSummary
SOLITECO has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €113,788 and a net result of €32,402. Equity has been shrinking by about 6.2% per year since 2018. Its solvency ranks better than 24% of 21,149 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 07-07-2011 Normal situation
- Activity
- Computer programming NACE 62100and 4 others
- Establishment unit
- 2.201.451.523 1742 Ternat, since 05-07-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 27-07-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €57,271
- ▼ 24.1%
- Turnover
- ≈ €130,000
- estimated
- Profit
- €32,402
- ▼ 23.5%
- Equity
- €113,788
- ▼ 38.2%
- Total assets
- €445,695
- ▲ 7.0%
Score breakdownraises riskEquity €113,788 (25.5% of total assets)lowers riskLiquidity: current ratio 2.25, cash €344,230Size: total assets €445,695Sector: Computer programming, consultancy and related activities (NACE 62)Show the evidence
Checked score
Fewer than 1 in 1,000 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 62, micro). It does better than 26% of them on solvency, 63% on liquidity, 33% on profitability and 18% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 10 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 29-07-2026 at the NBB all 14 filings
Every figure per financial year
The operating result for 2025 is 29% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €4,793 | €4,230 | - | €14,995 |
| Depreciation and write-downs of the year | €2,348 | €2,551 | €2,550 | €3,008 | €5,736 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €476 | €476 | €1,696 | €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 | €56,448 | €73,974 | €72,852 | €54,107 | €49,571 | €33,741 | €75,409 | €57,271 | ▼ 24.1% |
| Operating profit (loss)9901 | €55,003 | €72,561 | €70,294 | €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 | €156 | €156 | €123 | €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 | €1,612 | €1,630 | €2,844 | €4,646 | €5,493 | €8,176 | €11,424 | €10,062 | ▼ 11.9% |
| Profit (loss) for the period before taxes9903 | €53,547 | €71,087 | €67,573 | €46,718 | €40,644 | €22,486 | €61,821 | €47,147 | ▼ 23.7% |
| Income taxes67/77 | €16,548 | €22,079 | €14,266 | €15,423 | €10,535 | €4,023 | €19,445 | €14,745 | ▼ 24.2% |
| Profit (loss) for the period9904 | €36,998 | €49,008 | €53,307 | €31,295 | €30,109 | €18,463 | €42,376 | €32,402 | ▼ 23.5% |
| Profit (loss) for the period to be appropriated9905 | €36,998 | €49,008 | €53,307 | €31,295 | €30,109 | €18,463 | €42,376 | €32,402 | ▼ 23.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €282,719 | €335,496 | €385,881 | €420,494 | €399,830 | €394,913 | €416,545 | €445,695 | ▲ 7.0% |
| Fixed assets21/28 | €1,427 | €951 | €6,152 | €3,804 | €6,047 | €7,727 | €4,718 | €13,977 | ▲ 196% |
| Tangible fixed assets22/27 | €1,427 | €951 | €6,152 | €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 | €281,292 | €334,545 | €379,729 | €416,690 | €393,783 | €387,186 | €411,827 | €431,718 | ▲ 4.8% |
| Amounts receivable within one year40/41 | €100,128 | €111,498 | €81,926 | €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 | ▲ 31× |
| Current investments50/53 | - | - | - | - | - | - | €100,000 | €50,000 | ▼ 50.0% |
| Cash at bank and in hand54/58 | €178,559 | €220,427 | €294,888 | €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 | €282,719 | €335,496 | €385,881 | €420,494 | €399,830 | €394,913 | €416,545 | €445,695 | ▲ 7.0% |
| Equity10/15 | €235,791 | €238,456 | €242,272 | €209,227 | €197,264 | €184,729 | €184,097 | €113,788 | ▼ 38.2% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €217,191 | €219,856 | €223,672 | €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 | €46,927 | €97,040 | €143,610 | €211,267 | €202,566 | €210,184 | €232,448 | €331,906 | ▲ 42.8% |
| Amounts payable after more than one year17 | €29,000 | €29,000 | €67,000 | €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 | €17,927 | €68,040 | €76,610 | €104,267 | €72,566 | €70,184 | €92,448 | €191,906 | ▲ 108% |
| Trade debts44 | €8,878 | €7,844 | €5,336 | €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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36,998 | €49,008 | €53,307 | €31,295 | €30,109 | €18,463 | €42,376 | €32,402 | ▼ 23.5% |
| + Depreciation and write-downs630 | €476 | €476 | €1,696 | €2,348 | €2,551 | €2,550 | €3,008 | €5,736 | ▲ 90.7% |
| Operating cash flow (approximation) | €37,474 | €49,484 | €55,003 | €33,643 | €32,660 | €21,013 | €45,385 | €38,139 | ▼ 16.0% |
| Investment in fixed assets (approximation) | - | €0 | -€6,897 | €0 | -€4,793 | -€4,230 | €0 | -€14,995 | - |
| Change in cash | - | €41,868 | €74,461 | €42,303 | -€41,430 | €18,270 | -€105,815 | €136,013 | - |
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, 5,053 companies had the same profile as SOLITECO has now. Two years later, 95.8% were still going and 1.6% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SOLITECO itself is lower: < 0.1% within 12 months. It rests on far more data about SOLITECO than the profile alone.
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 5,053 companies, not a prediction for SOLITECO. 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.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-07-2026 | 2026-00354525 | |
| 31-12-2024 | micro format | 19-07-2025 | 2025-00296009 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00405503 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00390219 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20368931 | |
| 31-12-2020 | micro format | 30-07-2021 | 2021-43600343 | |
| 31-12-2019 | micro format | 24-07-2020 | 2020-33800509 | |
| 31-12-2018 | micro format | 29-08-2019 | 2019-54800035 | |
| 31-12-2017 | micro format | 25-07-2018 | 2018-37500192 | |
| 31-12-2016 | micro format | 26-07-2017 | 2017-36200121 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 25-01-2024 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DARDENNE Guy |
|
Network & group
SOLITECO shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of SOLITECO. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
25-01
Gazette deed
Change of role: DARDENNE Guy, from statutory manager to statutory directorPermanent representative: DARDENNE Guy · Capital conversion · Reserve release12 points ▸
- General meeting, 14-11-2023
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm BV, statuten aanpassen” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “vormen en meerderheden statutenwijziging, opheffen” (deed in Dutch)
- Amendment of the articles
- Capital
- Director resignation, DARDENNE Guy (statutory manager)
- Director appointment, DARDENNE Guy (statutory director)
- Director discharge, DARDENNE Guy
- Permanent representative, DARDENNE Guy
- Registered office clause, “Droge Weidestraat 1A, 1741 Ternat (Wambeek)” (deed in Dutch)
- Other provision, “stemming, alle besluiten aangenomen met algemeenheid van stemmen” (deed in Dutch)
13-07
Gazette deed
Registered office moved within TernatNew seat: Droge Weidestraat 1A te 1741 Ternat · Previous seat: Kapelleveld 13 -1742 Ternat3 points ▸
- General meeting, 14-06-2022
- Registered-office move, Droge Weidestraat 1A te 1741 Ternat
- Other provision, “deposit copy number”, 22084332 (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Kapelleveld 13, 1742 Ternat until 14-06-2022 · act of 13-07-2022
Activities
NACEBEL 2025Codes under NACEBEL 2008
37 activities
- Het verlenen van administratieve,financiële,technologische,commerciële en management-diensten aan bedrijven,ondernemingen,nijverheid,verenigingen,zelfstandigen en particulieren en dit in de meest ruime betekenis van het woord.
- Het verstrekken van alle consultancy en adviesverlening activiteiten in iedere materie aan particulieren,professionals,bedrijven,openbare en private instellingen.
- Het ontwikkelen en verstrekken van alle soorten solutions,oplossingen en producten in iedere materie voor particulieren,professionals,bedrijven,openbare en private instellingen.
- Advies verstrekken aan derden,opleidingen verstrekken,onderzoek verrichten naar nieuwe technieken en systemen,consulting en begeleiding van allerhande organisaties en seminaries,beurzen en evenementen in de meest ruime zin van het woord.
- Bijstand bij ICT en bedrijfsprocessen,e-commerce en marketing,industrieel en grafisch design en fotografie,maken van websites alsook de verkoop van software en hardware,van alle producten en materialen die hierop betrekking hebben.
- Design en ontwerp,implementatie en vervaardiging,definitie,ontwikkeling,bouw,onderhoud en reparatie,installatie,aankoop & verkoop,huur & verhuur,import & export,kleinhandel en groothandel,postorder en online handel,opleiding,begeleiding,training,adviesverlening,consulting,optimalisatie,handelsbemiddeling,constructie,configuratie,beheer en exploitatie,dienstverlening,productontwikkeling,studies,projectontwikkeling,van en rond: informatica & ICT concepten,technologieën,systemen,producten,hardware,netwerken,apparatuur & randapparatuur,programmatuur,software en oplossingen gekende en nieuwe technologieën,telecommunicatie,netwerking,internet,multimedia,audio,hifi,visualisatie & video concepten,systemen,producten,hardware,netwerken,apparatuur & randapparatuur,werktuigen,programmatuur,software en oplossingen en alle gerelateerde onderwerpen
- Elektrotechniek,elektronica,domotica technologieën,systemen,producten,hardware,apparatuur & randapparatuur,programmatuur,software en oplossingen in de ruimste zin
- Gereedschappen,werktuigen,gereedschapswerktuigen,apparaten en machines voor alle mogelijke toepassingen en materialen
- Metaalproducten en metaalbewerking
- Houtproducten en houtbewerking en schrijnwerkerij
- Sanitair en sanitaire installaties,loodgieterswerk,verwarmingsinstallaties,klimaatregeling,ventilatie en ventilatie- en luchtbehandelingssystemen
- Isolatie,vloer- en wandtegels,vloerbedekking en wandbekleding,verf,schildermateriaal en schilderwerken
- Huishoudapparaten en elektrische apparaten en installaties in de ruimste zin
- Elektrische,elektronische,optische,domotica apparatuur,systemen,producten,hardware,apparatuur,randapparatuur en oplossingen in de ruimste zin
- Uurwerken,sierraden,luxeproducten
- Kantoorproducten,kantoormachines en kantoorbenodigdheden in de ruimste zin
- Verlichting en verlichtingsapparatuur in de ruimste zin,foto- en film apparatuur,en andere optische artikelen
- Houten en metalen constructies en werken in de ruimste zin
- Textiel,kleding,werkkleding,bont,schoeisel,en lederwaren in de ruimste zin
- Alle soorten meubels,decoratie,afwerkingselementen voor interieur en/of exterieur
- Foto’s,fotografie en fotografische producten,technologieën,systemen,hardware,apparatuur & randapparatuur,programmatuur,software en oplossingen
- Grafische ontwerpen,grafische producten,technologieën,systemen,hardware,apparatuur & randapparatuur,programmatuur,software en oplossingen
- Mechanica in de ruimste zin,mechanische producten,technologieën,systemen,hardware,apparatuur & randapparatuur,programmatuur,software en oplossingen
- Voertuigen,vaartuigen,luchtvaartuigen en ruimtetuigen,aanhangwagens en opleggers,onderdelen en accessoires van alle soorten voertuigen,vaartuigen en luchtvaartuigen en ruimtetuigen in de ruimste zin
- Bouwmaterialen,behang,verf,woningtextiel,sanitair,kunststof,houten en metalen materialen
- Gegevensverwerking,webhosting,webportalen en aanverwante activiteiten,oplossingen,systemen,programmatuur,hardware en software
- Kantoor ondersteunende activiteiten,grafische vormgeving,documentverwerking
- Dit alles voor particulieren,professionals,zelfstandigen,bedrijven,ondernemingen,nijverheid,verenigingen,openbare en private instellingen.
- Uitvoeren van alle soorten bouw en constructie activiteiten in de meest ruime zin en met alle mogelijke materialen,waaronder maar niet beperkt tot houtconstructie en metaalconstructie,elektrotechniek,mechanische,elektrische,elektronische,en elektrotechnische installaties en constructies,electronica installaties en constructies,domotica installaties en constructies.
- Vervaardigen,constructie,design,leveren en plaatsen,van alle meubilair en interieurinrichting,afwerking en decoratie (interieur en exterieur) van gebouwen.
- De aan en verkoop,huur en verhuur,oprichting en inrichting,ontwerp en renovatie,beheer,organisatie en consulting van en voor alle projecten en vormen van onroerende aard,inclusief gronden,particuliere en industriële gebouwen en complexen,alsook onroerend goed zoals vaartuigen,woonboten,inclusief de op- en inrichting,ontwerpen en projecten van kantoor en commerciële ruimten,beursopbouw en standen,en dit in de meest ruime zin.
- De opleiding,begeleiding,training,consulting en adviesverstrekking van en voor alle hiervoor opgesomde activiteiten.
- De vennootschap kan overgaan tot alle handels,nijverheid,financiële en onroerende verrichtingen,zowel voor eigen rekening als voor rekening van derden,die van aard zijn de verwezenlijking van haar voorwerp rechtstreeks of onrechtstreeks te bevorderen,dit zowel in België als in het buitenland.
- De vennootschap kan optreden als houdstermaatschappij van vennootschappen en ondernemingen die industriële,onroerende,commerciële en/of burgerlijke activiteiten uitoefenen,alsook als bestuurder aangesteld worden in het beheren en/of besturen van alle vennootschapsvormen en ondernemingen.
- De vennootschap mag het bestuur waarnemen en toezicht en controle uitoefenen over alle vennootschappen met welke al dan niet een of andere band van deelneming bestaat.
- Zij mag bij wijze van inbreng in speciën of natura,van fusie,inschrijving,deelneming,financiële tussenkomst of op een andere wijze,een aandeel nemen in alle bestaande of op te richten vennootschappen.
- De vennootschap mag,zowel ten haren voordele als ten voordele van andere vennootschappen,instellingen of verbonden personen,borgen en zekerheden ontvangen en verstrekken,diensten aanbieden,opleidingen,consulting en advies verstrekken betreffende alle op heden gekende en ongekende informatica en informaticatoepassingen,markt en wetenschappelijk onderzoek verrichten,alle financiële handelingen stellen,coördinatie van activiteiten,doorvoeren,alsmede alle werkzaamheden uitoefenen die een management,administratief en/of financieel karakter hebben.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23091A0403/00D000 | Flanders | 656 m² | 1 · 160 m² | 7.5 m · 2 |
| 23071C0988/00A002 | Flanders | 152 m² | 1 · 79 m² | 11.3 m · 3 |