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SOLLERTEC

Active
Private limited companyfounded 2009active for 17 yearsGasthuisstraat 2, 8906 Ieper, BelgiumKBO/BCE: BE 0810.729.760

From the official registers: KBO 17 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

SOLLERTEC has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €1.1m and a net result of €113,286. Equity is growing by about 5.7% per year across the filed financial years. Its solvency ranks better than 70% of 71 sector peers (NACE 33, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2026, abbreviated format

Latest annual accounts filed

Annual accounts 2026

View at the NBB
Financial year ended
31-03-2026
Filed on
27-10-2026
Format
abbreviated format
Reference
2026-00570938
Turnover
≈ €690,000
Estimated: probably between €420,000 and €1.2m
Total assets
€1.6m▼ 9.0%
2025 · €1.8m
Net result
€113,286▼ 41.4%
2025 · €193,417
Working capital
€1.1m▼ 8.6%
2025 · €1.2m
Trend over the years

2022 to 2026, 5 financial years 2019 to 2026, 8 financial years

The operating result falls in 2026; 2026 is 39% below 2025 and is the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.2m 2026 Net result€0.1m 2026

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 33, Repair, maintenance and installation of machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20192020202120222023202420252026
Operating result€0.2m-€0.2m▲ 9.1%€0.3m▲ 62.8%€0.2m▼ 39.4%€0.3m▲ 19.5%€0.2m▼ 19.0%€0.3m▲ 43.4%€0.2m▼ 38.8%
Net result€0.1m-€0.1m▲ 4.7%€0.2mabove the sector's middle half▲ 66.1%€0.2mabove the sector's middle half▼ 34.2%€0.2mabove the sector's middle half▲ 11.1%€0.1mwithin the sector's middle half▼ 22.3%€0.2mabove the sector's middle half▲ 41.0%€0.1m▼ 41.4%
Equity€0.6m-€0.7m▲ 26.1%€0.9mabove the sector's middle half▲ 34.4%€1.0mabove the sector's middle half▲ 1.1%€1.0mabove the sector's middle half▲ 5.9%€1.0mabove the sector's middle half▲ 1.8%€1.1mabove the sector's middle half▲ 5.6%€1.1m▼ 3.0%
Total assets€1.0m-€1.3m▲ 21.4%€1.5mwithin the sector's middle half▲ 16.5%€1.4mwithin the sector's middle half▼ 1.9%€1.6mwithin the sector's middle half▲ 12.6%€1.7mwithin the sector's middle half▲ 5.6%€1.8mwithin the sector's middle half▲ 4.2%€1.6m▼ 9.0%
Debt€0.5m-€0.6m▲ 15.9%€0.5m▼ 6.4%€0.5m▼ 7.2%€0.6m▲ 25.9%€0.7m▲ 12.1%€0.7m▲ 2.2%€0.6m▼ 18.4%
Working capital€0.5m-€0.8m▲ 76.6%€1.0mabove the sector's middle half▲ 23.1%€1.0mabove the sector's middle half▼ 4.1%€1.0mabove the sector's middle half▲ 5.0%€1.2mabove the sector's middle half▲ 16.8%€1.2mabove the sector's middle half▼ 0.5%€1.1m▼ 8.6%
Solvency54.0%-56.0%▲ 2.1pp64.7%above the sector's middle half▲ 8.6pp66.6%above the sector's middle half▲ 1.9pp62.7%above the sector's middle half▼ 4.0pp60.4%above the sector's middle half▼ 2.3pp61.1%above the sector's middle half▲ 0.8pp65.2%▲ 4.0pp
Current ratio1.98-3.47▲ 1.484.03above the sector's middle half▲ 0.563.92above the sector's middle half▼ 0.113.07above the sector's middle half▼ 0.853.85above the sector's middle half▲ 0.793.30above the sector's middle half▼ 0.553.29▼ 0.01
Return on assets (ROA)13.5%-11.6%▼ 1.9pp16.6%above the sector's middle half▲ 5.0pp11.1%within the sector's middle half▼ 5.5pp11.0%within the sector's middle half▼ 0.1pp8.1%within the sector's middle half▼ 2.9pp10.9%within the sector's middle half▲ 2.8pp7.0%▼ 3.9pp
Staff (FTE)2.7-3.4▲ 25.9%3.5within the sector's middle half▲ 2.9%4.3within the sector's middle half▲ 22.9%3.2within the sector's middle half▼ 25.6%3.3within the sector's middle half▲ 3.1%3.2within the sector's middle half▼ 3.0%2.6▼ 18.8%
above within below the middle half of NACE 33, Repair, maintenance and installation of machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €1.6m
Fixed assets €56,989 ▼ 20.5%
Current assets €1.6m ▼ 8.5%
Equity and liabilities €1.6m
Equity €1.1m ▼ 3.0%
Debt €561,870 ▼ 18.4%
Debt's share of the balance-sheet total falls from 38.9% to 34.8%. Equity and debt are lower.
Key figures and ratios
2026 value · change against 2025
EBITDA
€210,196▼
2025 · €331,370
Cash flow
€143,769▼
2025 · €231,091
Quick ratio
2.32▼
2025 · 2.60
Debt to equity
0.53▼
2025 · 0.64
ROE
10.8%▼
2025 · 17.8%
Interest coverage
8.35▼
2025 · 13.49
Debt ≤ 1 year
€472,720▼
2025 · €515,356
Debt > 1 year
€84,675▼
2025 · €167,430
Income taxes
€46,808▼
2025 · €84,993
Staff costs
€80,283▼
2025 · €84,827
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,693 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 34,693 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 56 lines

Source: Annual accounts 2026 at the NBB, filed with the National Bank on 27-10-2026.

Balance sheet Code20252026
Assets
Total assets20/58€1.8m€1.6m▼
Fixed assets21/28€0.07m€0.06m▼
Tangible fixed assets22/27€0.07m€0.06m▼
Plant, machinery and equipment23€0.005m€0.004m▼
Furniture and vehicles24€0.01m€0.004m▼
Other tangible fixed assets26€0.06m€0.05m▼
Current assets29/58€1.7m€1.6m▼
Stocks and contracts in progress3€0.4m€0.5m▲
Stocks30/36€0.4m€0.4m▲
Contracts in progress37€0€0.08m▲
Amounts receivable within one year40/41€0.3m€0.4m▲
Trade receivables40€0.1m€0.2m▲
Other amounts receivable41€0.2m€0.2m▲
Cash at bank and in hand54/58€1.0m€0.6m▼
Deferred charges and accrued income490/1€0.009m€0.009m▲
Equity and liabilities
Total equity and liabilities10/49€1.8m€1.6m▼
Equity10/15€1.1m€1.1m▼
Contributions10/11€0.02m€0.02m=
Reserves13€1.1m€1.0m▼
Distributable reserves133€1.1m€1.0m▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€0.7m€0.6m▼
Amounts payable after more than one year17€0.2m€0.08m▼
Financial debts170/4€0.2m€0.08m▼
Amounts payable within one year42/48€0.5m€0.5m▼
Current portion of amounts payable after more than one year42€0.08m€0.08m▲
Financial debts43€0.03m€0.03m=
Credit institutions430/8€0.03m€0.03m=
Trade debts44€0.1m€0.06m▼
Suppliers440/4€0.1m€0.06m▼
Taxes, remuneration and social security45€0.04m€0.02m▼
Taxes450/3€0.02m€0.004m▼
Remuneration and social security454/9€0.02m€0.02m▼
Other amounts payable47/48€0.3m€0.3m▲
Accrued charges and deferred income492/3€0.006m€0.004m▼
Income statement Code20252026
Remuneration, social security and pensions62€0.08m€0.08m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.04m€0.03m▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.02m€0▼
Other operating charges640/8€0.003m€0.003m▲
Gross operating margin9900€0.4m€0.3m▼
Operating profit (loss)9901€0.3m€0.2m▼
Financial income75/76B€0.009m€0.006m▼
Recurring financial income75€0.009m€0.006m▼
Financial charges65/66B€0.02m€0.03m▲
Recurring financial charges65€0.02m€0.03m▲
Profit (loss) for the period before taxes9903€0.3m€0.2m▼
Income taxes67/77€0.08m€0.05m▼
Profit (loss) for the period9904€0.2m€0.1m▼
Profit (loss) for the period to be appropriated9905€0.2m€0.1m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m€0.1m▼
Transfer from equity791/2€0.1m€0.1m▲
Transfer to equity691/2€0.2m€0.1m▼
To other reserves6921€0.2m€0.1m▼
Profit to be distributed694/7€0.1m€0.1m▲
Return on contributions (dividend)694€0.1m€0.1m▲
Social balance sheet
Average headcount (FTE)90873.22.6▼

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line20192020202120222023202420252026Change
Non-recurring operating income76A---€0-----
Remuneration, social security and pensions62---€148,105€90,703€92,851€84,827€80,283▼ 5.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34,431€35,891€35,427€52,557€49,296€52,565€37,674€30,483▼ 19.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4------€17,563€0▼ 100%
Other operating charges640/8---€2,893€2,136€3,512€2,896€3,038▲ 4.9%
Gross operating margin9900€341,186€395,042€540,658€415,382€395,168€353,771€436,656€293,517▼ 32.8%
Operating profit (loss)9901€196,787€214,701€349,628€211,827€253,032€204,843€293,696€179,713▼ 38.8%
Financial income75/76B---€21,397€7,282€6,702€9,277€5,551▼ 40.2%
Recurring financial income75€4,515€5,605€5,870€21,397€7,282€6,702€9,277€5,551▼ 40.2%
Financial charges65/66B---€5,973€6,745€15,390€24,564€25,169▲ 2.5%
Recurring financial charges65€938€6,825€6,812€5,973€6,745€15,390€24,564€25,169▲ 2.5%
Profit (loss) for the period before taxes9903€200,363€213,481€348,687€227,251€253,569€196,155€278,410€160,095▼ 42.5%
Income taxes67/77€61,497€68,026€107,057€68,318€76,954€58,944€84,993€46,808▼ 44.9%
Profit (loss) for the period9904€138,867€145,455€241,630€158,934€176,615€137,211€193,417€113,286▼ 41.4%
Profit (loss) for the period to be appropriated9905€138,867€145,455€241,630€158,934€176,615€137,211€193,417€113,286▼ 41.4%
Line20192020202120222023202420252026Change
Assets
Total assets20/58€1.0m€1.3m€1.5m€1.4m€1.6m€1.7m€1.8m€1.6m▼ 9.0%
Fixed assets21/28€0.09m€0.1m€0.1m€0.1m€0.1m€0.09m€0.07m€0.06m▼ 20.5%
Tangible fixed assets22/27€0.09m€0.1m€0.1m€0.1m€0.1m€0.09m€0.07m€0.06m▼ 20.5%
Plant, machinery and equipment23---€0.04m€0.02m€0.01m€0.005m€0.004m▼ 24.4%
Furniture and vehicles24---€0.03m€0.02m€0.02m€0.01m€0.004m▼ 64.2%
Other tangible fixed assets26---€0.05m€0.05m€0.06m€0.06m€0.05m▼ 11.6%
Current assets29/58€0.9m€1.2m€1.3m€1.3m€1.5m€1.6m€1.7m€1.6m▼ 8.5%
Stocks and contracts in progress3€0.2m€0.2m€0.2m€0.3m€0.3m€0.4m€0.4m€0.5m▲ 27.5%
Stocks30/36---€0.2m€0.2m€0.3m€0.4m€0.4m▲ 6.7%
Contracts in progress37---€0.08m€0.02m€0.05m€0€0.08m-
Amounts receivable within one year40/41€0.6m€0.6m€0.5m€0.5m€0.6m€0.6m€0.3m€0.4m▲ 39.1%
Trade receivables40---€0.4m€0.4m€0.4m€0.1m€0.2m▲ 63.7%
Other amounts receivable41---€0.2m€0.2m€0.2m€0.2m€0.2m▲ 21.5%
Cash at bank and in hand54/58€0.1m€0.4m€0.6m€0.5m€0.7m€0.7m€1.0m€0.6m▼ 36.1%
Deferred charges and accrued income490/1---€0.009m€0.01m€0.008m€0.009m€0.009m▲ 2.4%
Equity and liabilities
Total equity and liabilities10/49€1.0m€1.3m€1.5m€1.4m€1.6m€1.7m€1.8m€1.6m▼ 9.0%
Equity10/15€0.6m€0.7m€0.9m€1.0m€1.0m€1.0m€1.1m€1.1m▼ 3.0%
Contributions10/11€0.02m--€0.02m€0.02m€0.02m€0.02m€0.02m=
Reserves13€0.5m€0.7m€0.9m€0.9m€1.0m€1.0m€1.1m€1.0m▼ 3.0%
Non-distributable reserves130/1---€0.01m€0----
Reserves not available under the articles1311---€0.01m€0----
Distributable reserves133---€0.9m€1.0m€1.0m€1.1m€1.0m▼ 3.0%
Profit (loss) carried forward14---€0€0€0€0€0-
Amounts payable17/49€0.5m€0.6m€0.5m€0.5m€0.6m€0.7m€0.7m€0.6m▼ 18.4%
Amounts payable after more than one year17-€0.2m€0.2m€0.1m€0.1m€0.2m€0.2m€0.08m▼ 49.4%
Financial debts170/4---€0.1m€0.1m€0.2m€0.2m€0.08m▼ 49.4%
Amounts payable within one year42/48€0.5m€0.3m€0.3m€0.3m€0.5m€0.4m€0.5m€0.5m▼ 8.3%
Current portion of amounts payable after more than one year42---€0.04m€0.04m€0.08m€0.08m€0.08m▲ 1.9%
Financial debts43---€0.07m€0.07m€0.07m€0.03m€0.03m=
Credit institutions430/8---€0.07m€0.07m€0.07m€0.03m€0.03m=
Trade debts44€0.08m€0.1m€0.1m€0.03m€0.1m€0.1m€0.1m€0.06m▼ 40.7%
Suppliers440/4---€0.03m€0.1m€0.1m€0.1m€0.06m▼ 40.7%
Taxes, remuneration and social security45---€0.02m€0.02m€0.03m€0.04m€0.02m▼ 43.5%
Taxes450/3---€0.004m€0.006m€0.01m€0.02m€0.004m▼ 80.2%
Remuneration and social security454/9---€0.01m€0.01m€0.02m€0.02m€0.02m▼ 6.4%
Other amounts payable47/48---€0.2m€0.2m€0.1m€0.3m€0.3m▲ 5.6%
Accrued charges and deferred income492/3---€0.002m€0.001m€0.008m€0.006m€0.004m▼ 26.8%
Line20192020202120222023202420252026Change
Profit (loss) for the period9904€138,867€145,455€241,630€158,934€176,615€137,211€193,417€113,286▼ 41.4%
+ Depreciation and write-downs630€34,431€35,891€35,427€52,557€49,296€52,565€37,674€30,483▼ 19.1%
Operating cash flow (approximation)€173,298€181,346€277,057€211,491€225,911€189,776€231,091€143,769▼ 37.8%
Investment in fixed assets (approximation)--€40,427-€50,951-€67,652-€20,749-€46,897-€17,200-€15,768▲ 8.3%
Change in cash-€253,130€241,540-€145,195€223,786-€4,388€343,492-€366,937-

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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Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference Document
31-03-2026 abbreviated format 27-10-2026 2026-00570938 NBB
31-03-2025 abbreviated format 23-10-2025 2025-00548076 PDF
31-03-2024 abbreviated format 25-10-2024 2024-00514653 PDF
31-03-2023 abbreviated format 09-10-2023 2023-00481131 PDF
31-03-2022 abbreviated format 26-10-2022 2022-20473080 PDF
31-03-2021 abbreviated format 15-10-2021 2021-72000327 PDF
31-03-2020 abbreviated format 07-10-2020 2020-59900111 PDF
31-03-2019 abbreviated format 23-10-2019 2019-71200103 PDF
31-03-2018 abbreviated format 21-09-2018 2018-64000243 PDF
31-03-2017 abbreviated format 13-10-2017 2017-67300170 PDF

Show all 17 filings

Similar companies · same sector, comparable size

Of the 3,712 active companies whose main activity is repair and maintenance of machinery (NACE 33120), figures are known for 1,409. 699 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2023 · 2 entries · €2,268 awarded · €2,268 paid
Schemes
1 entry · €1,518 · €1,518 paid · Departement Werk en Sociale Economie
1 entry · €750 · €750 paid · Departement Werk en Sociale Economie

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.