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SOLLEC

Active
Private limited companyfounded 201115 yrs activeLeuvenselaan 89, 3300 Tienen, BelgiumKBO/BCE: BE 0834.040.444
Summary

SOLLEC has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €126,719 and a net result of €25,069. Equity is growing by ~57% per year across the filed fiscal years. Its solvency ranks better than 69% of 7794 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability86▼-4
Solvency96▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 5.49 against 5.08 in 2024; short-term debt: 13.9% and cash: 18.5% of total assets), and 29.2% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
70.8%
Return on assets
14%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-04-2026, 21 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
21 d early
2024
1 d early
2023
2 d late
2022
44 d early
2021
38 d early
2020
42 d early
2019
36 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 26 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
26-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SOLLEC was incorporated on 11 February 2011.1 The registered office was moved to Tienen in 2026.2 Total assets rose from EUR 33,971 in 2018 to EUR 179,035 in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 29-07-2026
  3. 3National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€126,719▲ 24.7%
2024 · €101,649
Total assets
€179,035▲ 42.7%
2024 · €125,486
Net result
€25,069▲ 15.6%
2024 · €21,692
Working capital
€111,454▲ 17.8%
2024 · €94,624
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€27,792▼ 2.7%€35,919▲ 29.2%€53,541▲ 49.1%€32,996▼ 38.4%€37,796▲ 14.5%
Net result€23,692▼ 11.6%€24,281▲ 2.5%€36,630▲ 50.9%€21,692▼ 40.8%€25,069▲ 15.6%
Equity€19,046€43,327▲ 127%€79,957▲ 84.5%€101,649▲ 27.1%€126,719▲ 24.7%
Total assets€86,463▼ 15.4%€130,736▲ 51.2%€111,772▼ 14.5%€125,486▲ 12.3%€179,035▲ 42.7%
Debt€67,417▼ 36.9%€87,409▲ 29.7%€31,815▼ 63.6%€23,837▼ 25.1%€52,317▲ 119%
Working capital€14,255€37,162▲ 161%€72,641▲ 95.5%€94,624▲ 30.3%€111,454▲ 17.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2021: €27,792€27,792Net result 2021: €23,692€23,692Operating result 2022: €35,919€35,919Net result 2022: €24,281€24,281Operating result 2023: €53,541€53,541Net result 2023: €36,630€36,630Operating result 2024: €32,996€32,996Net result 2024: €21,692€21,692Operating result 2025: €37,796€37,796Net result 2025: €25,069€25,06920212022202320242025€0€20,000€40,000€60,000Operating result 2023: €53,541€53,500Net result 2023: €36,630€36,600Operating result 2024: €32,996€33,000Net result 2024: €21,692€21,700Operating result 2025: €37,796€37,800Net result 2025: €25,069€25,100202320242025
The operating result recovers in 2025; 2025 is 15% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €179,035
Fixed assets €42,779 ▲ 457%
Current assets €136,257 ▲ 15.7%
Equity and liabilities €179,035
Equity €126,719 ▲ 24.7%
Debt €52,317 ▲ 119%
Debt's share of the balance-sheet total rises from 19.0% to 29.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€44,413▲
2024 · €37,476
Cash flow
€31,687▲
2024 · €26,172
Current ratio
5.49▲
2024 · 5.08
Quick ratio
3.75▼
2024 · 4.28
Debt to equity
0.41▲
2024 · 0.23
ROE
19.8%▼
2024 · 21.3%
ROA
14.0%▼
2024 · 17.3%
Interest coverage
13.87▼
2024 · 17.38
Debt ≤ 1 year
€24,802▲
2024 · €23,182
Debt > 1 year
€27,142
Income taxes
€9,834▲
2024 · €9,264
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€125,486€179,035▲
Fixed assets21/28€7,681€42,779▲
Tangible fixed assets22/27€4,881€39,979▲
Land and buildings22€1,182€911▼
Plant, machinery and equipment23-€2,093
Furniture and vehicles24€2,764€2,691▼
Leasing and similar rights25-€34,110
Other tangible fixed assets26€935€173▼
Financial fixed assets28€2,800€2,800=
Current assets29/58€117,806€136,257▲
Stocks and contracts in progress3€18,590€43,155▲
Stocks30/36€18,590€18,405▼
Contracts in progress37-€24,750
Amounts receivable within one year40/41€84,227€56,732▼
Trade receivables40€81,648€46,694▼
Other amounts receivable41€2,579€10,038▲
Cash at bank and in hand54/58€11,975€33,058▲
Deferred charges and accrued income490/1€3,013€3,311▲
Equity and liabilities
Total equity and liabilities10/49€125,486€179,035▲
Equity10/15€101,649€126,719▲
Contributions10/11€6,200€6,200=
Reserves13€95,449€120,519▲
Distributable reserves133€95,449€120,519▲
Amounts payable17/49€23,837€52,317▲
Amounts payable after more than one year17-€27,142
Financial debts170/4-€27,142
Amounts payable within one year42/48€23,182€24,802▲
Current portion of amounts payable after more than one year42-€7,123
Trade debts44€22,694€15,345▼
Suppliers440/4€22,694€15,345▼
Taxes, remuneration and social security45€488€2,334▲
Taxes450/3€488€2,334▲
Accrued charges and deferred income492/3€656€373▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,480€6,617▲
Other operating charges640/8€1,968€4,285▲
Gross operating margin9900€39,445€48,698▲
Operating profit (loss)9901€32,996€37,796▲
Financial income75/76B€117€310▲
Recurring financial income75€117€310▲
Financial charges65/66B€2,157€3,202▲
Recurring financial charges65€2,157€3,202▲
Profit (loss) for the period before taxes9903€30,956€34,903▲
Income taxes67/77€9,264€9,834▲
Profit (loss) for the period9904€21,692€25,069▲
Profit (loss) for the period to be appropriated9905€21,692€25,069▲
Appropriation of the result
Profit (loss) to be appropriated9906€21,692€25,069▲
Transfer to equity691/2€21,692€25,069▲
To other reserves6921€21,692€25,069▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A--€20,046---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,718€9,834€2,044€4,480€6,617▲ 47.7%
Other operating charges640/8-€1,906€2,497€1,968€4,285▲ 118%
Gross operating margin9900€38,255€47,660€58,082€39,445€48,698▲ 23.5%
Operating profit (loss)9901€27,792€35,919€53,541€32,996€37,796▲ 14.5%
Financial income75/76B--€37€117€310▲ 165%
Recurring financial income75€8,869-€37€117€310▲ 165%
Financial charges65/66B-€955€2,017€2,157€3,202▲ 48.5%
Recurring financial charges65€4,738€955€2,017€2,157€3,202▲ 48.5%
Profit (loss) for the period before taxes9903€31,923€34,964€51,561€30,956€34,903▲ 12.7%
Income taxes67/77€8,231€10,683€14,931€9,264€9,834▲ 6.1%
Profit (loss) for the period9904€23,692€24,281€36,630€21,692€25,069▲ 15.6%
Profit (loss) for the period to be appropriated9905€23,692€24,281€36,630€21,692€25,069▲ 15.6%
Line20212022202320242025Change
Assets
Total assets20/58€86,463€130,736€111,772€125,486€179,035▲ 42.7%
Fixed assets21/28€21,116€13,511€7,566€7,681€42,779▲ 457%
Tangible fixed assets22/27€20,816€13,211€4,766€4,881€39,979▲ 719%
Land and buildings22-€870€1,453€1,182€911▼ 22.9%
Plant, machinery and equipment23-€1,766€682-€2,093-
Furniture and vehicles24-€1,714€934€2,764€2,691▼ 2.6%
Leasing and similar rights25-€6,400--€34,110-
Other tangible fixed assets26-€2,460€1,698€935€173▼ 81.5%
Financial fixed assets28€300€300€2,800€2,800€2,800=
Current assets29/58€65,348€117,226€104,206€117,806€136,257▲ 15.7%
Stocks and contracts in progress3€14,960€19,960€19,786€18,590€43,155▲ 132%
Stocks30/36-€19,960€19,786€18,590€18,405▼ 1.0%
Contracts in progress37----€24,750-
Amounts receivable within one year40/41€7,421€51,954€36,020€84,227€56,732▼ 32.6%
Trade receivables40-€45,507€31,827€81,648€46,694▼ 42.8%
Other amounts receivable41-€6,447€4,193€2,579€10,038▲ 289%
Cash at bank and in hand54/58€42,967€45,312€44,736€11,975€33,058▲ 176%
Deferred charges and accrued income490/1--€3,664€3,013€3,311▲ 9.9%
Equity and liabilities
Total equity and liabilities10/49€86,463€130,736€111,772€125,486€179,035▲ 42.7%
Equity10/15€19,046€43,327€79,957€101,649€126,719▲ 24.7%
Contributions10/11-€6,200€6,200€6,200€6,200=
Outside capital11-€6,200----
Other1109/19-€6,200----
Reserves13€12,846€37,127€73,757€95,449€120,519▲ 26.3%
Distributable reserves133-€37,127€73,757€95,449€120,519▲ 26.3%
Profit (loss) carried forward14-€39,512-----
Amounts payable17/49€67,417€87,409€31,815€23,837€52,317▲ 119%
Amounts payable after more than one year17€13,344€7,095--€27,142-
Financial debts170/4-€7,095--€27,142-
Amounts payable within one year42/48€51,092€80,064€31,565€23,182€24,802▲ 7.0%
Current portion of amounts payable after more than one year42-€41,249--€7,123-
Trade debts44€28,950€30,248€31,565€22,694€15,345▼ 32.4%
Suppliers440/4-€30,248€31,565€22,694€15,345▼ 32.4%
Taxes, remuneration and social security45-€2,317-€488€2,334▲ 378%
Taxes450/3-€2,183-€488€2,334▲ 378%
Remuneration and social security454/9-€134----
Other amounts payable47/48-€6,251----
Accrued charges and deferred income492/3-€250€250€656€373▼ 43.1%
Line20212022202320242025Change
Profit (loss) for the period9904€23,692€24,281€36,630€21,692€25,069▲ 15.6%
+ Depreciation and write-downs630€8,718€9,834€2,044€4,480€6,617▲ 47.7%
Operating cash flow (approximation)€32,410€34,115€38,674€26,172€31,687▲ 21.1%
Investment in fixed assets (approximation)--€2,229€3,900-€4,595-€41,715▼ 808%
Change in cash-€2,345-€576-€32,761€21,083▲ 164%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
29-07
State Gazette act Registered office
Registered-office move2 facts ▸
  • Board meeting, 30/06/2026
  • Registered-office move, Leuvenselaan 89, 3300 Tienen
09-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
29-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Equity above €100,000Eq €101,649 ▲27.1%
7 profitable years in a row build equity to €101,649.
02-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
30-09
Financial Highest result since 2018net €36,630 ▲50.9%
Operating result €53,541, net result €36,630, both a record.
30-09
Financial Liquidity doublescurrent ratio 3.30
Current ratio from 1.46 to 3.30; short-term debt falls from €80,064 to €31,565.
17-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
23-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
19-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
25-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
25-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
27-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
20-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts

Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tienen · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
4,872 m²
Building footprint
323 m²
Volume, LiDAR
2,002 m³
2 parcels, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SOLLEC
Tiensesteenweg 146, 3380 GlabbeekRepair, maintenance and installation of machinery and equipment
since 20112.196.352.885
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24030B0105/00Z000 Flanders 4,759 m² 1 · 232 m² 8.1 m · 2 fl.
24107A0091/00S007 Flanders 112 m² 1 · 91 m² 13.1 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.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 315 EUR awarded · 315 EUR paid
Year Entries awardedpaid
2024 1 315 EUR315 EUR
Schemes
1 entry · 315 EUR · 315 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 24,517 companies in sector 82990 we hold annual accounts for 9,415. 7,171 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
Founded11-02-2011
Fiscal year end30-09
Activities, NACEBEL 2025
82990Other business support services
43240Other construction installation
E-invoicing
Reachable via Peppol
Peppol ID 0208:0834040444
Also 9925:BE0834040444
Registered 17-12-2025

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.