SOLO
ActiveThe computed 12-month bankruptcy probability of SOLO is 2.5% (moderate). The 2024 annual accounts show equity of €22k and a net result of €5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 62% of 18942 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▲+30
Solvency68▼-1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.65 against 1.42 in 2023; short-term debt: 56.7% and cash: 33.1% of total assets), but 56.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
43.3%
Return on assets
9.3%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
92 d late
2022
72 d late
2021
360 d late
2020
297 d late
2019
48 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€22k▲ 27.2%
2023 · €17k
2018: €-14k
2019: €-2k
2020: €12k
2021: €45k
2022: €39k
2023: €17k
2018 → 2024
Total assets
€51k▲ 29.7%
2023 · €39k
2018: €15k
2019: €12k
2020: €60k
2021: €66k
2022: €57k
2023: €39k
2018 → 2024
Net result
€5k
2023 · €-22k
2018: €1k
2019: €12k
2020: €14k
2021: €32k
2022: €-6k
2023: €-22k
2018 → 2024
Working capital
€19k▲ 105%
2023 · €9k
2018: €-21k
2019: €-5k
2020: €-14k
2021: €14k
2022: €22k
2023: €9k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€12k-€45k▲ 263%€39k▼ 13.1%€17k▼ 55.5%€22k▲ 27.2%
Operating result€15k-€33k▲ 123%€-6k€-3k▲ 43.7%€7k
Net result€14k-€32k▲ 130%€-6k€-22k▼ 268%€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €7k after a loss of €3k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €51k
Fixed assets
€3k▼ 59.2%
Current assets
€48k▲ 53.2%
Equity and liabilities €51k
Equity
€22k▲ 27.2%
Debt
€29k▲ 31.6%
The debt ratio rises from 55.9% to 56.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€11k▲
2023 · €5k
Cash flow
€9k▲
2023 · €-13k
Solvency
43.3%▼
2023 · 44.1%
Current ratio
1.65▲
2023 · 1.42
Quick ratio
1.64▲
2023 · 1.41
Debt / equity
1.31▲
2023 · 1.27
ROE
21.4%▲
2023 · -124.8%
ROA
9.3%▲
2023 · -55.1%
Interest coverage
21.48▼
2023 · 37.17
Debt
€29k▲
2023 · €22k
Debt ≤ 1 year
€29k▲
2023 · €22k
Income taxes
€2k▼
2023 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€39k€51k▲
Fixed assets21/28€8k€3k▼
Intangible fixed assets21€4k-
Tangible fixed assets22/27€4k€3k▼
Plant, machinery and equipment23€1k€325▼
Furniture and vehicles24€580€290▼
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€350€350=
Current assets29/58€31k€48k▲
Stocks and contracts in progress3€27€153▲
Stocks30/36€27€153▲
Amounts receivable within one year40/41€2k€31k▲
Trade receivables40€2k€29k▲
Other amounts receivable41€690€2k▲
Cash at bank and in hand54/58€28k€17k▼
Deferred charges and accrued income490/1€554-
Equity and liabilities
Total equity and liabilities10/49€39k€51k▲
Equity10/15€17k€22k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-1k€3k▲
Amounts payable17/49€22k€29k▲
Amounts payable within one year42/48€22k€29k▲
Trade debts44€4k€27k▲
Suppliers440/4€4k€27k▲
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€43€2k▲
Remuneration and social security454/9€3k-
Other amounts payable47/48€15k€188▼
Income statement
Code20232024
Non-recurring operating income76A-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€4k▼
Other operating charges640/8€2k€408▼
Gross operating margin9900€7k€12k▲
Operating profit (loss)9901€-3k€7k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€140€518▲
Recurring financial charges65€140€518▲
Profit (loss) for the period before taxes9903€-3k€6k▲
Income taxes67/77€18k€2k▼
Profit (loss) for the period9904€-22k€5k▲
Profit (loss) for the period to be appropriated9905€-22k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€3k▲
Profit (loss) brought forward from the previous period14P€20k€-1k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
31-12
Financial
Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
11-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 72 days late
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 360 days late
2022
24-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 297 days late
2021
31-12
Financial
Highest result since 2018net €32k ▲130%
Operating result €33k, net result €32k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.68
Current ratio from 0.70 to 1.68; short-term debt falls from €48k to €21k.
2020
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 48 days late
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
08-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 342 days late
2017
15-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 107 days late
10-02
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 194 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 2 establishment units since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Pieter van Hobokenstraat 22000 AntwerpenGround area
149 m²
Building footprint
148 m²
Volume, LiDAR
1,577 m³
2 parcels, Flanders · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Smoskot
since 20212.321.185.749
uni espresso
since 20262.392.925.662
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11802B1979/00A000 | Flanders | 86 m² | 1 · 86 m² | 14.3 m · 4 fl. |
| 11802B1283/00B000 | Flanders | 63 m² | 1 · 62 m² | 14.7 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesAntwerpen2.321.185.749
Antwerpen2.392.925.662
Similar companies · same sector, comparable size
RAHSA
BE 0685.951.831
Antwerpen · Eq €22k
CRUMULI
BE 0544.696.669
Blankenberge · Eq €22k
WITTROCK - BRAUNE
BE 0479.442.888
Liège · Eq €22k
PIZZERIA CEZAR
BE 0841.515.085
Oostende · Eq €22k
BRASSERIE TEMPS LIBRE
BE 0717.743.382
Welkenraedt · Eq €22k
Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 8,165 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-07-2013
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.