SOLOMON
ActiveSummary
The computed 12-month bankruptcy probability of SOLOMON is 1.9% (moderate). The 2025 annual accounts show equity of €132,586 and a net result of €8,573. Equity is growing by ~20.9% per year across the filed fiscal years. Its solvency ranks better than 93% of 7930 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2023
Profitability62▲+41
Solvency100▲+15
Growth52=
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 8.38 against 2.32 in 2023; short-term debt: 11.8% and cash: 0% of total assets), and 11.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more 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 2025Solvency, return and age of the figures
Solvency
88.2%
Return on assets
5.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 4 filingsDeviation from the deadline
2025
31 d late
2023
219 d late
2022
122 d late
2021
58 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 108 days after the deadline; the sector median for financial year 2023 is 1 day before the deadline, and 44% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 October (3 of the last 4 filed years within 59 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
€414,493
EBIT margin
17.3%
Net result
€8,573▲ 278%
2023 · €2,267
Working capital
€130,931▲ 61.7%
2023 · €80,961
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232025
Turnover€414,493
Operating result€73,685-€71,575▼ 2.9%-€8,236€15,325-
Net result€49,892above the sector's middle half-€58,866above the sector's middle half▲ 18.0%€2,267within the sector's middle half▼ 96.1%€8,573within the sector's middle half-
EBIT margin17.3%
Equity€54,892within the sector's middle half-€88,758within the sector's middle half▲ 61.7%€91,025within the sector's middle half▲ 2.6%€132,586within the sector's middle half-
Total assets€389,958above the sector's middle half-€138,572within the sector's middle half▼ 64.5%€152,183within the sector's middle half▲ 9.8%€150,328below the sector's middle half-
Debt€335,066-€49,814▼ 85.1%€61,158▲ 22.8%€17,742-
Working capital€44,476within the sector's middle half-€75,253within the sector's middle half▲ 69.2%€80,961within the sector's middle half▲ 7.6%€130,931within the sector's middle half-
Solvency14.1%below the sector's middle half-64.1%within the sector's middle half▲ 50.0pp59.8%within the sector's middle half▼ 4.2pp88.2%above the sector's middle half-
Current ratio1.13within the sector's middle half-2.51within the sector's middle half▲ 1.382.32within the sector's middle half▼ 0.198.38above the sector's middle half-
Return on assets (ROA)12.8%within the sector's middle half-42.5%above the sector's middle half▲ 29.7pp1.5%within the sector's middle half▼ 41.0pp5.7%within the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €15,325 in 2025, compared with -€8,236 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €150,328
Fixed assets
€1,655 ▼ 83.6%
Current assets
€148,672 ▲ 4.6%
Equity and liabilities €150,328
Equity
€132,586 ▲ 45.7%
Debt
€17,742 ▼ 71.0%
Debt's share of the balance-sheet total falls from 40.2% to 11.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€18,870▲
2023 · -€2,396
Cash flow
€12,118▲
2023 · €8,107
Debt to equity
0.13▼
2023 · 0.67
ROE
6.5%▲
2023 · 2.5%
Interest coverage
4.31▲
2023 · -0.90
Debt ≤ 1 year
€17,742▼
2023 · €61,158
Income taxes
€5,565▲
2023 · -€13,171
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 26,970 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
| Line | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | €414,493 | - | - | - |
| Non-recurring operating income76A | - | €2,057 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €333,170 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,041 | €7,608 | €5,839 | €3,545 | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €36,723 | - | - |
| Other operating charges640/8 | €3,148 | €4,198 | €1,051 | €3,326 | - |
| Non-recurring operating charges66A | €5,036 | - | - | - | - |
| Gross operating margin9900 | €84,910 | €83,381 | €35,378 | €22,197 | - |
| Operating profit (loss)9901 | €73,685 | €71,575 | -€8,236 | €15,325 | - |
| Financial income75/76B | €2,101 | €6 | - | €3,190 | - |
| Recurring financial income75 | €2,101 | €6 | - | €3,190 | - |
| Non-recurring financial income76B | - | - | - | €3,190 | - |
| Financial charges65/66B | €12,521 | €3,217 | €2,668 | €4,377 | - |
| Recurring financial charges65 | €12,521 | €3,217 | €2,668 | €4,377 | - |
| Profit (loss) for the period before taxes9903 | €63,265 | €68,364 | -€10,904 | €14,138 | - |
| Income taxes67/77 | €13,373 | €9,497 | -€13,171 | €5,565 | - |
| Profit (loss) for the period9904 | €49,892 | €58,866 | €2,267 | €8,573 | - |
| Profit (loss) for the period to be appropriated9905 | €49,892 | €58,866 | €2,267 | €8,573 | - |
| Line | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €389,958 | €138,572 | €152,183 | €150,328 | - |
| Fixed assets21/28 | €10,416 | €13,505 | €10,064 | €1,655 | - |
| Tangible fixed assets22/27 | €10,416 | €13,505 | €10,064 | €1,655 | - |
| Plant, machinery and equipment23 | €2,060 | €1,296 | €723 | €0 | - |
| Furniture and vehicles24 | €8,356 | €12,208 | €9,341 | €1,655 | - |
| Current assets29/58 | €379,542 | €125,067 | €142,119 | €148,672 | - |
| Amounts receivable within one year40/41 | €373,815 | €117,725 | €140,213 | €147,848 | - |
| Trade receivables40 | €349,487 | €73,648 | €73,192 | €115,994 | - |
| Other amounts receivable41 | €24,328 | €44,077 | €67,021 | €31,853 | - |
| Cash at bank and in hand54/58 | €3,550 | €3,927 | €28 | €6 | - |
| Deferred charges and accrued income490/1 | €2,177 | €3,416 | €1,878 | €818 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €389,958 | €138,572 | €152,183 | €150,328 | - |
| Equity10/15 | €54,892 | €88,758 | €91,025 | €132,586 | - |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | - |
| Outside capital11 | - | - | - | €5,000 | - |
| Other1109/19 | - | - | - | €5,000 | - |
| Reserves13 | €49,892 | €49,892 | €49,892 | €49,892 | - |
| Distributable reserves133 | €49,892 | €49,892 | €49,892 | €49,892 | - |
| Profit (loss) carried forward14 | - | €33,866 | €36,134 | €77,695 | - |
| Amounts payable17/49 | €335,066 | €49,814 | €61,158 | €17,742 | - |
| Amounts payable within one year42/48 | €335,066 | €49,814 | €61,158 | €17,742 | - |
| Trade debts44 | €321,693 | €1,944 | €16,852 | - | - |
| Suppliers440/4 | €321,693 | €1,944 | €16,852 | - | - |
| Taxes, remuneration and social security45 | €13,373 | €22,870 | €9,699 | €17,742 | - |
| Taxes450/3 | €13,373 | €22,870 | €9,699 | €17,742 | - |
| Other amounts payable47/48 | - | €25,000 | €34,607 | - | - |
| Line | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €49,892 | €58,866 | €2,267 | €8,573 | - |
| + Depreciation and write-downs630 | €3,041 | €7,608 | €5,839 | €3,545 | - |
| Operating cash flow (approximation) | €52,932 | €66,474 | €8,107 | €12,118 | - |
| Investment in fixed assets (approximation) | - | -€10,697 | -€2,399 | - | - |
| Change in cash | - | €377 | -€3,899 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Liquidity quadruplescurrent ratio 8.38
Current ratio from 2.32 to 8.38; short-term debt falls from €61,158 to €17,742.
31-12
Financial
Equity above €100,000Eq €132,586 ▲45.7%
4 profitable years in a row build equity to €132,586.
07-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 219 days late
2023
31-12
Financial
Weakest financial yearnet €2,267 ▼96.1%
Net result drops to €2,267, the lowest in the series; recovery starts the following year.
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 122 days late
2022
31-12
Financial
Highest result since 2021net €58,866 ▲18%
Net result €58,866, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 2.51
Current ratio from 1.13 to 2.51; short-term debt falls from €335,066 to €49,814.
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Ronse · 1 establishment unit since 2021
Ground area
461 m²
Building footprint
86 m²
Volume, LiDAR
633 m³
Parcel 45041B1210/00C003, Flanders · tallest building 12.0 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
SOLOMON
since 20212.313.481.177
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45041B1210/00C003 | Flanders | 461 m² | 1 · 86 m² | 12.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,423. 6,141 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
Founded08-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
41001General construction of residential buildings
43230Insulation installation
43331Floor and wall tiling
77399Renting and leasing of other machinery, equipment and tangible goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0763378221
Also
9925:BE0763378221
Registered
05-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.