SOLLED
SOLLED has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €102k and a net result of €8k. Equity is growing by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 25% of 7448 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
| Equity | €102k |
| Net result | €8k |
| Staff (FTE) | 3 |
| Better than sector | 25% |
Mixed profile: strong on stability, weaker on solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 24.2% | 44.0% | |
| Net result | €8k | €30k | |
| Equity | €102k | €276k | |
| Gross operating margin | €221k | €275k | |
| Staff costs | €165k | €244k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - |
| EBITDA | €51k | €47k | €53k | €51k |
| Net profit | €8k | €9k | €18k | €14k |
| Cash flow | €30k | €30k | €39k | €43k |
| Staff costs | €165k | €162k | €87k | €18k |
| Income taxes | €7k | €6k | €7k | €2k |
| Dividends | - | - | - | - |
| Total assets | €423k | €498k | €767k | €332k |
| Equity | €102k | €94k | €85k | €67k |
| Debt | €321k | €404k | €682k | €265k |
| of which ≤ 1y | €212k | €273k | €307k | €70k |
| of which > 1y | €108k | €131k | €159k | €194k |
| Working capital | €8k | €18k | €233k | €22k |
| Employees (FTE) | 3.0 | 3.0 | 1.9 | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 1.04 | 1.07 | 1.76 | 1.32 |
| Quick ratio | 0.85 | 0.89 | 1.36 | 1.19 |
| Working capital ratio | 1.8% | 3.6% | 30.3% | 6.8% |
| Solvency | 24.2% | 18.8% | 11.0% | 20.1% |
| Debt / equity | 3.14 | 4.31 | 8.07 | 3.96 |
| Long-term debt ratio | 1.06 | 1.40 | 1.87 | 2.91 |
| Interest coverage | 3.59 | 4.31 | 7.43 | 6.76 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 2.0% | 1.9% | 2.3% | 4.2% |
| ROE | 8.1% | 9.9% | 21.0% | 20.8% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €423k | €498k | €767k | €332k |
| Fixed assets | 21/28 | €203k | €207k | €227k | €239k |
| Tangible fixed assets | 22/27 | €186k | €190k | €210k | €222k |
| Financial fixed assets | 28 | €17k | €17k | €17k | €17k |
| Current assets | 29/58 | €220k | €291k | €540k | €93k |
| Stocks & contracts in progress | 3 | €38k | €48k | €123k | €9k |
| Amounts receivable within one year | 40/41 | €78k | €159k | €328k | €43k |
| Investments | 50/53 | €250 | €250 | €250 | €250 |
| Cash & bank | 54/58 | €96k | €84k | €84k | €38k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €423k | €498k | €767k | €332k |
| Equity | 10/15 | €102k | €94k | €85k | €67k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Reserves | 13 | €84k | €75k | €66k | €48k |
| Amounts payable | 17/49 | €321k | €404k | €682k | €265k |
| Amounts payable after one year | 17 | €108k | €131k | €159k | €194k |
| Amounts payable within one year | 42/48 | €212k | €273k | €307k | €70k |
| Trade debts payable within one year | 44 | €41k | €105k | €163k | €42k |
| Income statement | |||||
| Gross operating margin | 9900 | €221k | €214k | €143k | €72k |
| Operating result | 9901 | €29k | €26k | €32k | €22k |
| Financial income | 75 | €107 | €602 | €82 | €672 |
| Financial charges | 65 | €14k | €11k | €7k | €8k |
| Result before taxes | 9903 | €15k | €16k | €25k | €16k |
| Income taxes | 67/77 | €7k | €6k | €7k | €2k |
| Net result for the period | 9904 | €8k | €9k | €18k | €14k |
| Result to be appropriated | 9905 | €8k | €9k | €18k | €14k |
| NACE primary | General electrical installation work(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 11-04-2008 |
| Status | Active |
| Postal code | 9320 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B0853/00C000 | Flanders | 1,318 m² | 1 · 154 m² | 9.7 m · 2 fl. |
| 41342B0903/00C000 | Flanders | 593 m² | 1 · 562 m² | 7.2 m · 2 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
26-01-2024 Registered office moved to Aalst
- 9320 Aalst (Erembodegem), Ninovesteenweg 104
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "9320 Aalst (Erembodegem), Ninovesteenweg 104",
"city": "Aalst",
"region": "vlaams_gewest",
"street": "Ninovesteenweg",
"country": "BE",
"postcode": "9320",
"box_number": null,
"street_number": "104",
"locality_suffix": "(Erembodegem)"
},
"old_address": null,
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "missing",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "not_specified",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "BART VERMEERSCH",
"firm_city": null,
"firm_name": null,
"office_city": "Aalst-Erembodegem",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-01-26",
"filing_date": "2024-01-24",
"act_kind_objet": "WIJZIGING RECHTSVORM, ONTSLAGEN, BENOEMINGEN, BENAMING, ALGEMENE VERGADERING, MAATSCHAPPELIJKE ZETEL"
},
"decision": {
"body": "algemene_vergadering",
"date": "2023-11-06",
"unanimous": true
},
"subject_company": {
"kbo": "0897.175.269",
"name_full": "SOLLED",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "FISCAAL ADVIESKANTOOR TERNAT",
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad"
]
}| Legal nameNL | SOLLED |