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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 €127k and a net result of €25k. Equity is growing by ~57% per year across the filed fiscal years. Its solvency ranks better than 69% of 7780 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 €10k 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.
Credit check for your own amount and term

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 →
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
25-09-2026 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

Financials · fiscal year 2025, micro schema

Equity
€127k▲ 24.7%
2024 · €102k
2018: €-45klowest in 8 years 2019: €-31k▲ +30.0% vs 2018 2020: €-5k▲ +85.2% vs 2019 2021: €19k▲ +510% vs 2020 2022: €43k▲ +127% vs 2021 2023: €80k▲ +84.5% vs 2022 2024: €102k▲ +27.1% vs 2023 2025: €127k▲ +24.7% vs 2024highest in 8 years
2018 → 2025
Total assets
€179k▲ 42.7%
2024 · €125k
2018: €34klowest in 8 years 2019: €90k▲ +165% vs 2018 2020: €102k▲ +13.4% vs 2019 2021: €86k▼ -15.4% vs 2020 2022: €131k▲ +51.2% vs 2021 2023: €112k▼ -14.5% vs 2022 2024: €125k▲ +12.3% vs 2023 2025: €179k▲ +42.7% vs 2024highest in 8 years
2018 → 2025
Net result
€25k▲ 15.6%
2024 · €22k
2018: €11klowest in 8 years 2019: €14k▲ +23.3% vs 2018 2020: €27k▲ +98.5% vs 2019 2021: €24k▼ -11.6% vs 2020 2022: €24k▲ +2.5% vs 2021 2023: €37k▲ +50.9% vs 2022highest in 8 years 2024: €22k▼ -40.8% vs 2023 2025: €25k▲ +15.6% vs 2024
2018 → 2025
Working capital
€111k▲ 17.8%
2024 · €95k
2018: €-47klowest in 8 years 2019: €-28k▲ +41.4% vs 2018 2020: €-8k▲ +72.4% vs 2019 2021: €14k▲ +286% vs 2020 2022: €37k▲ +161% vs 2021 2023: €73k▲ +95.5% vs 2022 2024: €95k▲ +30.3% vs 2023 2025: €111k▲ +17.8% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€19k-€43k▲ 127%€80k▲ 84.5%€102k▲ 27.1%€127k▲ 24.7% 2021: €19klowest in 5 years 2022: €43k▲ +127% vs 2021 2023: €80k▲ +84.5% vs 2022 2024: €102k▲ +27.1% vs 2023 2025: €127k▲ +24.7% vs 2024highest in 5 years
Operating result€28k-€36k▲ 29.2%€54k▲ 49.1%€33k▼ 38.4%€38k▲ 14.5% 2021: €28klowest in 5 years 2022: €36k▲ +29.2% vs 2021 2023: €54k▲ +49.1% vs 2022highest in 5 years 2024: €33k▼ -38.4% vs 2023 2025: €38k▲ +14.5% vs 2024
Net result€24k-€24k▲ 2.5%€37k▲ 50.9%€22k▼ 40.8%€25k▲ 15.6% 2021: €24k 2022: €24k▲ +2.5% vs 2021 2023: €37k▲ +50.9% vs 2022highest in 5 years 2024: €22k▼ -40.8% vs 2023lowest in 5 years 2025: €25k▲ +15.6% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2021: €28k€28kNet result 2021: €24k€24kOperating result 2022: €36k€36kNet result 2022: €24k€24kOperating result 2023: €54k€54kNet result 2023: €37k€37kOperating result 2024: €33k€33kNet result 2024: €22k€22kOperating result 2025: €38k€38kNet result 2025: €25k€25k20212022202320242025€0€20k€40k€60kOperating result 2023: €54k€54kNet result 2023: €37k€37kOperating result 2024: €33k€33kNet result 2024: €22k€22kOperating result 2025: €38k€38kNet result 2025: €25k€25k202320242025
The operating result recovers in 2025; 2025 is 15% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €179k
Fixed assets €43k ▲ 457%
Current assets €136k ▲ 15.7%
Equity and liabilities €179k
Equity €127k ▲ 24.7%
Debt €52k ▲ 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
€44k▲
2024 · €37k
Cash flow
€32k▲
2024 · €26k
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
€25k▲
2024 · €23k
Debt > 1 year
€27k
Income taxes
€10k▲
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€125k€179k▲
Fixed assets21/28€8k€43k▲
Tangible fixed assets22/27€5k€40k▲
Land and buildings22€1k€911▼
Plant, machinery and equipment23-€2k
Furniture and vehicles24€3k€3k▼
Leasing and similar rights25-€34k
Other tangible fixed assets26€935€173▼
Financial fixed assets28€3k€3k=
Current assets29/58€118k€136k▲
Stocks and contracts in progress3€19k€43k▲
Stocks30/36€19k€18k▼
Contracts in progress37-€25k
Amounts receivable within one year40/41€84k€57k▼
Trade receivables40€82k€47k▼
Other amounts receivable41€3k€10k▲
Cash at bank and in hand54/58€12k€33k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€125k€179k▲
Equity10/15€102k€127k▲
Contributions10/11€6k€6k=
Reserves13€95k€121k▲
Distributable reserves133€95k€121k▲
Amounts payable17/49€24k€52k▲
Amounts payable after more than one year17-€27k
Financial debts170/4-€27k
Amounts payable within one year42/48€23k€25k▲
Current portion of amounts payable after more than one year42-€7k
Trade debts44€23k€15k▼
Suppliers440/4€23k€15k▼
Taxes, remuneration and social security45€488€2k▲
Taxes450/3€488€2k▲
Accrued charges and deferred income492/3€656€373▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€7k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€39k€49k▲
Operating profit (loss)9901€33k€38k▲
Financial income75/76B€117€310▲
Recurring financial income75€117€310▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€31k€35k▲
Income taxes67/77€9k€10k▲
Profit (loss) for the period9904€22k€25k▲
Profit (loss) for the period to be appropriated9905€22k€25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€22k€25k▲
Transfer to equity691/2€22k€25k▲
To other reserves6921€22k€25k▲

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

Accounts by statement
Line20212022202320242025Change
Non-recurring operating income76A--€20k---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k€2k€4k€7k▲ 47.7%
Other operating charges640/8-€2k€2k€2k€4k▲ 118%
Gross operating margin9900€38k€48k€58k€39k€49k▲ 23.5%
Operating profit (loss)9901€28k€36k€54k€33k€38k▲ 14.5%
Financial income75/76B--€37€117€310▲ 165%
Recurring financial income75€9k-€37€117€310▲ 165%
Financial charges65/66B-€955€2k€2k€3k▲ 48.5%
Recurring financial charges65€5k€955€2k€2k€3k▲ 48.5%
Profit (loss) for the period before taxes9903€32k€35k€52k€31k€35k▲ 12.7%
Income taxes67/77€8k€11k€15k€9k€10k▲ 6.1%
Profit (loss) for the period9904€24k€24k€37k€22k€25k▲ 15.6%
Profit (loss) for the period to be appropriated9905€24k€24k€37k€22k€25k▲ 15.6%
Line20212022202320242025Change
Assets
Total assets20/58€86k€131k€112k€125k€179k▲ 42.7%
Fixed assets21/28€21k€14k€8k€8k€43k▲ 457%
Tangible fixed assets22/27€21k€13k€5k€5k€40k▲ 719%
Land and buildings22-€870€1k€1k€911▼ 22.9%
Plant, machinery and equipment23-€2k€682-€2k-
Furniture and vehicles24-€2k€934€3k€3k▼ 2.6%
Leasing and similar rights25-€6k--€34k-
Other tangible fixed assets26-€2k€2k€935€173▼ 81.5%
Financial fixed assets28€300€300€3k€3k€3k=
Current assets29/58€65k€117k€104k€118k€136k▲ 15.7%
Stocks and contracts in progress3€15k€20k€20k€19k€43k▲ 132%
Stocks30/36-€20k€20k€19k€18k▼ 1.0%
Contracts in progress37----€25k-
Amounts receivable within one year40/41€7k€52k€36k€84k€57k▼ 32.6%
Trade receivables40-€46k€32k€82k€47k▼ 42.8%
Other amounts receivable41-€6k€4k€3k€10k▲ 289%
Cash at bank and in hand54/58€43k€45k€45k€12k€33k▲ 176%
Deferred charges and accrued income490/1--€4k€3k€3k▲ 9.9%
Equity and liabilities
Total equity and liabilities10/49€86k€131k€112k€125k€179k▲ 42.7%
Equity10/15€19k€43k€80k€102k€127k▲ 24.7%
Contributions10/11-€6k€6k€6k€6k=
Outside capital11-€6k----
Other1109/19-€6k----
Reserves13€13k€37k€74k€95k€121k▲ 26.3%
Distributable reserves133-€37k€74k€95k€121k▲ 26.3%
Profit (loss) carried forward14€-40k-----
Amounts payable17/49€67k€87k€32k€24k€52k▲ 119%
Amounts payable after more than one year17€13k€7k--€27k-
Financial debts170/4-€7k--€27k-
Amounts payable within one year42/48€51k€80k€32k€23k€25k▲ 7.0%
Current portion of amounts payable after more than one year42-€41k--€7k-
Trade debts44€29k€30k€32k€23k€15k▼ 32.4%
Suppliers440/4-€30k€32k€23k€15k▼ 32.4%
Taxes, remuneration and social security45-€2k-€488€2k▲ 378%
Taxes450/3-€2k-€488€2k▲ 378%
Remuneration and social security454/9-€134----
Other amounts payable47/48-€6k----
Accrued charges and deferred income492/3-€250€250€656€373▼ 43.1%
Line20212022202320242025Change
Profit (loss) for the period9904€24k€24k€37k€22k€25k▲ 15.6%
+ Depreciation and write-downs630€9k€10k€2k€4k€7k▲ 47.7%
Operating cash flow (approximation)€32k€34k€39k€26k€32k▲ 21.1%
Investment in fixed assets (approximation)-€-2k€4k€-5k€-42k▼ 808%
Change in cash-€2k€-576€-33k€21k▲ 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.

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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 €100kEq €102k ▲27.1%
7 profitable years in a row build equity to €102k.
02-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
30-09
Financial Highest result since 2018net €37k ▲50.9%
Operating result €54k, net result €37k, both a record.
30-09
Financial Liquidity doublescurrent ratio 3.30
Current ratio from 1.46 to 3.30; short-term debt falls from €80k to €32k.
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 315 EUR · 315 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 24,497 companies in sector 82990 we hold annual accounts for 9,406. 7,172 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

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