Turnover
The micro format states no turnover.
The micro format states no turnover.
Green is investment, beige is depreciation.
Lower solvency than 86% of companies in construction of buildings. Sector median 42.9% · 9,431 companies.
The dashed line is the sector median: 1.5% across 13,462 companies (NACE 41, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
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, micro). It does better than 12% of them on solvency, 7% on liquidity, 36% on profitability and 57% on growth.
The bankruptcy probability was computed on 05-11-2026 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 30-06-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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).
In July 2024, 2,135 companies had the same profile as Solka Construct has now. Each dot stands for 6 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Solka Construct itself: 3.5% within 12 months.
The method was tested on the 497,447 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 2,135 companies, not a prediction for Solka Construct. 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.
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.
The company filed its last 2 accounts on average 35 days 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.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Solka Construct Wemmel | €236,941 | €1,709 | 1.5% | - |
| Jonas Build Merchtem | €240,841 | €1,222 | 0.6% | - |
| APR CONSTRUCT Huldenberg | €230,289 | -€3,954 | -5.5% | - |
| AGV IMMO Vilvoorde | €277,856 | -€4,983 | 29.8% | - |
| Spapen BV Geel | €216,238 | €2,014 | 5.5% | - |
| PDVA Ghent | €236,083 | €1,311 | 9.3% | - |
| AMI Construct Antwerp | €328,287 | €1,658 | 7.4% | - |
These companies have the same main activity as Solka Construct: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €216,000 and €328,000, founded between 2021 and 2022.
The computed 12-month bankruptcy probability of Solka Construct is 3.5% (moderate). The 2025 annual accounts show equity of €3,598 and a net result of €400.
Its solvency ranks better than 13% of 9,431 sector peers (NACE 41, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €20,000. Estimated: probably between €11,000 and €37,000.
Higher than 13% of 9,431 companies in 2025.
Higher than 19% of 9,179 companies in 2025.
Higher than 26% of 9,251 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
Total assets20/58 |
236,941 | 617,990 | |
Fixed assets21/28 |
20,273 | 303 | |
Tangible fixed assets22/27 |
20,273 | 303 | |
Plant, machinery and equipment23 |
18,946 | - | |
Furniture and vehicles24 |
1,327 | 303 | |
Current assets29/58 |
216,668 | 617,687 | |
Amounts receivable within one year40/41 |
18,844 | 57,010 | |
Trade receivables40 |
- | 34,268 | |
Other amounts receivable41 |
18,844 | 22,742 | |
Cash at bank and in hand54/58 |
11,595 | 5,378 | |
Deferred charges and accrued income490/1 |
186,229 | 555,299 | |
| Balance sheet: equity and liabilities | |||
Total equity and liabilities10/49 |
236,941 | 617,990 | |
Equity10/15 |
3,598 | 3,198 | |
Contributions10/11 |
2,000 | 2,000 | |
Profit (loss) carried forward14 |
1,598 | 1,198 | |
Amounts payable17/49 |
233,342 | 614,792 | |
Amounts payable within one year42/48 |
233,342 | 614,792 | |
Trade debts44 |
86,814 | 72,328 | |
Suppliers440/4 |
86,814 | 72,328 | |
Advances received on contracts in progress46 |
144,812 | 539,775 | |
Taxes, remuneration and social security45 |
1,717 | 2,689 | |
Taxes450/3 |
1,717 | 2,689 | |
| Income statement | |||
Gross operating margin9900 |
1,709 | 833 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
255 | 31 | |
Other operating charges640/8 |
1,318 | 957 | |
Operating profit (loss)9901 |
136 | -156 | |
Financial income75/76B |
1,089 | 572 | |
Recurring financial income75 |
1,089 | 572 | |
Financial charges65/66B |
72 | 66 | |
Recurring financial charges65 |
72 | 66 | |
Profit (loss) for the period before taxes9903 |
1,154 | 350 | |
Income taxes67/77 |
753 | 2,099 | |
Profit (loss) for the period9904 |
400 | -1,750 | |
Profit (loss) for the period to be appropriated9905 |
400 | -1,750 | |
| Appropriation of the result | |||
Profit (loss) to be appropriated9906 |
1,598 | 1,198 | |
Profit (loss) brought forward from the previous period14P |
1,198 | 2,947 | |
| Document | |||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 31-12-2025.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| EBITDA | 391 | -125 | |
| Cash flow | 655 | -1,718 | |
| Investment in fixed assets | 20,224 | 335 | |
| Change in cash | 6,217 | - | |
| Working capital | -16,674 | 2,895 | |
| Solvency | 1.5% | 0.5% | |
| Current ratio | 0.93 | 1.00 | |
| Debt to equity | 64.85 | - | |
| ROE | 11.1% | -54.7% | |
| ROA | 0.2% | -0.3% | |
| Interest coverage | 5.47 | -1.88 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-06-2025 | 30-06-2024 |
|---|---|---|
| Tangible fixed assets | €20,224 | €335 |
| Depreciation and write-downs of the year | €255 | €31 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a profit of €136, after a loss of €156 in 2024.
Debt's share of the balance-sheet total falls from 99.5% to 98.5%. Equity is higher and debt is lower.
Solka Construct has no parent and no holdings in its annual accounts. STRATON Alin Loncut is the only director. Solka Construct shares no director with another company.
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| MGD Construct
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| Z-A RENOV
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total assets €109,142 (2025) 1001.879.544 |
| IONITA CONSTRUCT
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total assets €84,408 (2024) 0795.170.663 |
| MC JURIDIQUE
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total assets €73,053 (2025) 0786.200.242 |
| CBB CONSTRUCT
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| DRAGOS DRC
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total assets €48,970 (2025) 0798.571.603 |
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Dr. H. Folletlaan 197 registered office 1780 Wemmel | 28-07-2022 | 2.333.933.925 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 22662B0604/00X000 | 199 m² | 1 · 98 m² | 11.3 m · 2 |
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 0788.958.408
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