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SOLLED

Active
Private limited companyfounded 2008active for 18 yearsNinovesteenweg 104, 9320 Aalst, BelgiumKBO/BCE: BE 0897.175.269
Summary

SOLLED has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €102,127 and a net result of €8,283. Equity is growing by about 21% per year across the filed financial years. Its solvency ranks better than 25% of 9,760 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€422,822total assets 2025
Staff
3 FTE
Equity
€102,127
Profit
€8,283
Turnover not published (abbreviated or micro format)
Financial health
81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Holdings
1
Accounts filed 31 days late1 of 2 deeds read
Why 81raises riskSector: Specialised construction activities (NACE 43)lowers riskSize: total assets €422,822Liquidity: current ratio 1.04, cash €95,745Founded in 2008Show the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 38% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency 49+5
equity 24.2% of total assets
Liquidity 53+10
short-term debt 50.2% · cash 22.6%
Profitability 51-6
return on assets 2.0%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,587 companies, NACE 43, micro)
Last 24 months 11-2024: 2.2% 12-2024: 0.9%▼ -1.3 percentage points vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 1.0%▲ +0.1 percentage points vs 06-2025 08-2025: 1.2%▲ +0.2 percentage points vs 07-2025 09-2025: 1.2%● unchanged vs 08-2025 10-2025: 1.3%▲ +0.1 percentage points vs 09-2025 11-2025: 1.8%▲ +0.5 percentage points vs 10-2025 12-2025: 2.4%▲ +0.6 percentage points vs 11-2025highest value 01-2026: 0.7%▼ -1.7 percentage points vs 12-2025 02-2026: 0.3%▼ -0.4 percentage points vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026lowest value 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%▼ -0.1 percentage points vs 08-2026 10-2026: 0.5%▲ +0.2 percentage points vs 09-2026
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.04, compared with 1.07 in 2024, below the usual 1.5; short-term debt: 50.2% and cash: 22.6% of total assets), and 75.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 26% on solvency, 49% on liquidity, 24% on profitability and 53% on growth.

The bankruptcy probability was computed on 21-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €422,822
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.04, cash €95,745
NBB · annual accounts
lowers risk · Founded in 2008
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 01-12-2025, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
on the day
2023
on the day
2022
28 days late
2021
11 days early
2020
2 days late
2019
35 days 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 2 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 31 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end22-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Equity above €100,000equity €102,127 ▲8.8%
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: 7 profitable years in a rowprofit 2025: €8,283 7 years View
  • Board2 directors in office 2 View
  • Total assets 20256 financial years filed €422,822 View

By topic

Financials

Financial year
2025
Total assets
€422,822
Profit
€8,283
Solvency
24.2%
Total assets▼ 15.1%
Net result
20192025
Go to Financials

Board & ownership

Board
2 members
  • RUBBRECHT Regine Romain SimonneDirector
  • VERMEERSCH BartDirector
Go to Board & ownership

Timeline

Events
20
Since
2010
Next accounts
by 31-10-2026
  1. 26-01-2024Appointments: VERMEERSCH Bart (director) and RUBBRECHT Regine…
  2. 31-10-2023Annual accounts filed
  3. 28-11-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
11-04-2008
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
27
Annual meeting
Last Friday of September at 18:00
Purpose
“De bouw van daken; Het plaatsen van dakbedekking van ongeacht welk materiaal…” (deed in Dutch)
Go to Articles of association

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