SOLOTEC
ActiveSummary
SOLOTEC has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €99,243 and a net result of €18,512. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 17% of 7868 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72▲+55
Solvency41▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity tight (current ratio 1.22 against 1.14 in 2024; short-term debt: 81.9% and cash: 3.6% of total assets), and 84.2% of the assets are financed with debt.
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Signals
Five 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
15.8%
Return on assets
3%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 7868 sector peers (2025).
NBB · sector comparisonPosition among 7868 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
1 d early
2022
1 d early
2021
1 d early
2020
on the day
2019
on the day
← 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 1 day before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€99,243▲ 22.9%
2024 · €80,731
Total assets
€626,193▼ 23.2%
2024 · €815,548
Net result
€18,512
2024 · -€13,583
Working capital
€111,694▲ 14.7%
2024 · €97,374
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€35,858▲ 318%€25,171▼ 29.8%€17,743▼ 29.5%-€2,703€26,196
Net result€21,233▲ 906%€13,519▼ 36.3%€7,713▼ 42.9%-€13,583€18,512
Equity€73,081▲ 41.0%€86,600▲ 18.5%€94,314▲ 8.9%€80,731▼ 14.4%€99,243▲ 22.9%
Total assets€494,565▲ 45.9%€584,066▲ 18.1%€797,717▲ 36.6%€815,548▲ 2.2%€626,193▼ 23.2%
Debt€421,483▲ 46.8%€497,465▲ 18.0%€703,403▲ 41.4%€734,817▲ 4.5%€526,950▼ 28.3%
Working capital€66,876▲ 48.1%€84,028▲ 25.6%€98,933▲ 17.7%€97,374▼ 1.6%€111,694▲ 14.7%
Staff (FTE)1▲ 42.9%0
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 returns to profit in 2025: €26,196 after a loss of €2,703 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €626,193
Fixed assets
€1,700 ▲ 159%
Current assets
€624,493 ▼ 23.4%
Equity and liabilities €626,193
Equity
€99,243 ▲ 22.9%
Debt
€526,950 ▼ 28.3%
Debt's share of the balance-sheet total falls from 90.1% to 84.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€26,852▲
2024 · -€1,786
Cash flow
€19,168▲
2024 · -€12,666
Current ratio
1.22▲
2024 · 1.14
Quick ratio
0.70▲
2024 · 0.51
Debt to equity
5.31▼
2024 · 9.10
ROE
18.7%▲
2024 · -16.8%
ROA
3.0%▲
2024 · -1.7%
Interest coverage
29.99▲
2024 · -0.17
Debt ≤ 1 year
€512,799▼
2024 · €717,518
Income taxes
€7,130▲
2024 · €543
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €2,000 | - | - | €11,762 | - | - |
| Remuneration, social security and pensions62 | €42,700 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,467 | €3,138 | €3,165 | €917 | €656 | ▼ 28.5% |
| Other operating charges640/8 | €1,453 | €1,236 | €4,855 | €8,139 | €1,798 | ▼ 77.9% |
| Non-recurring operating charges66A | - | - | €622 | - | - | - |
| Gross operating margin9900 | €81,478 | €29,545 | €26,384 | €6,353 | €28,650 | ▲ 351% |
| Operating profit (loss)9901 | €35,858 | €25,171 | €17,743 | -€2,703 | €26,196 | ▲ 1,069% |
| Financial income75/76B | €1,334 | €24 | €337 | €359 | €341 | ▼ 5.2% |
| Recurring financial income75 | €1,334 | €24 | €337 | €359 | €341 | ▼ 5.2% |
| Financial charges65/66B | €7,869 | €4,834 | €4,420 | €10,697 | €895 | ▼ 91.6% |
| Recurring financial charges65 | €7,869 | €4,834 | €4,420 | €10,697 | €895 | ▼ 91.6% |
| Profit (loss) for the period before taxes9903 | €29,323 | €20,361 | €13,660 | -€13,041 | €25,642 | ▲ 297% |
| Income taxes67/77 | €8,090 | €6,842 | €5,947 | €543 | €7,130 | ▲ 1,214% |
| Profit (loss) for the period9904 | €21,233 | €13,519 | €7,713 | -€13,583 | €18,512 | ▲ 236% |
| Profit (loss) for the period to be appropriated9905 | €21,233 | €13,519 | €7,713 | -€13,583 | €18,512 | ▲ 236% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €494,565 | €584,066 | €797,717 | €815,548 | €626,193 | ▼ 23.2% |
| Fixed assets21/28 | €8,941 | €8,198 | €4,411 | €656 | €1,700 | ▲ 159% |
| Tangible fixed assets22/27 | €4,981 | €8,198 | €4,411 | €656 | - | - |
| Furniture and vehicles24 | €4,746 | €8,198 | €4,411 | €656 | - | - |
| Other tangible fixed assets26 | €235 | - | - | - | - | - |
| Financial fixed assets28 | €3,960 | - | - | - | €1,700 | - |
| Current assets29/58 | €485,624 | €575,868 | €793,306 | €814,892 | €624,493 | ▼ 23.4% |
| Stocks and contracts in progress3 | €335,984 | €371,700 | €499,000 | €445,963 | €265,700 | ▼ 40.4% |
| Stocks30/36 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Contracts in progress37 | €334,984 | €370,700 | €498,000 | €444,963 | €264,700 | ▼ 40.5% |
| Amounts receivable within one year40/41 | €147,949 | €193,698 | €284,078 | €365,895 | €336,290 | ▼ 8.1% |
| Trade receivables40 | €145,541 | €173,757 | €284,078 | €337,025 | €335,488 | ▼ 0.5% |
| Other amounts receivable41 | €2,408 | €19,941 | €0 | €28,869 | €802 | ▼ 97.2% |
| Cash at bank and in hand54/58 | €1,691 | €10,470 | €8,223 | - | €22,503 | - |
| Deferred charges and accrued income490/1 | - | - | €2,006 | €3,035 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €494,565 | €584,066 | €797,717 | €815,548 | €626,193 | ▼ 23.2% |
| Equity10/15 | €73,081 | €86,600 | €94,314 | €80,731 | €99,243 | ▲ 22.9% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €20,460 | €20,460 | = |
| Reserves13 | €54,481 | €68,000 | €75,714 | €60,271 | €78,783 | ▲ 30.7% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | €52,621 | €66,140 | €73,854 | €60,271 | €78,783 | ▲ 30.7% |
| Amounts payable17/49 | €421,483 | €497,465 | €703,403 | €734,817 | €526,950 | ▼ 28.3% |
| Amounts payable within one year42/48 | €418,748 | €491,840 | €694,374 | €717,518 | €512,799 | ▼ 28.5% |
| Current portion of amounts payable after more than one year42 | €71,000 | €71,000 | €0 | - | - | - |
| Financial debts43 | - | - | - | €13,213 | - | - |
| Credit institutions430/8 | - | - | - | €13,213 | - | - |
| Trade debts44 | €256,441 | €375,244 | €573,706 | €525,068 | €360,422 | ▼ 31.4% |
| Suppliers440/4 | €256,441 | €375,244 | €573,706 | €525,068 | €360,422 | ▼ 31.4% |
| Taxes, remuneration and social security45 | €23,132 | €6,815 | €6,115 | €7,619 | €7,130 | ▼ 6.4% |
| Taxes450/3 | €17,491 | €6,815 | €6,115 | €7,619 | €7,130 | ▼ 6.4% |
| Remuneration and social security454/9 | €5,641 | - | - | - | - | - |
| Other amounts payable47/48 | €68,175 | €38,781 | €114,552 | €171,618 | €145,247 | ▼ 15.4% |
| Accrued charges and deferred income492/3 | €2,736 | €5,626 | €9,030 | €17,299 | €14,151 | ▼ 18.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,233 | €13,519 | €7,713 | -€13,583 | €18,512 | ▲ 236% |
| + Depreciation and write-downs630 | €1,467 | €3,138 | €3,165 | €917 | €656 | ▼ 28.5% |
| Operating cash flow (approximation) | €22,700 | €16,657 | €10,878 | -€12,666 | €19,168 | ▲ 251% |
| Investment in fixed assets (approximation) | - | -€2,395 | €622 | €2,838 | -€1,700 | ▼ 160% |
| Change in cash | - | €8,779 | -€2,247 | - | - | - |
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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Back to profitnet €18,512
Net result €18,512 after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Weakest financial yearnet -€13,583
Net result drops to -€13,583, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €21,233 ▲906%
Operating result €35,858, net result €21,233, both a record.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
01-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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 · 1 establishment unit since 2011
Ground area
449 m²
Building footprint
438 m²
Volume, LiDAR
4,844 m³
Parcel 11811L3958/00T000, Flanders · tallest building 20.1 m, ±5 floors. Linked by address, not a title deed.
108
companies at this address
See who is registered here
1 establishment unit
SOLOTEC
since 20112.198.228.549
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3958/00T000 | Flanders | 449 m² | 1 · 438 m² | 20.1 m · 5 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 7,300 companies in sector 43350 we hold annual accounts for 2,360. 1,977 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
Founded23-03-2011
Fiscal year end30-09
Activities, NACEBEL 2025
43350Other building finishing work
41001General construction of residential buildings
43211General electrical installation work
46140Agents in the wholesale of industrial machinery, ships and aircraft
Scores and ratios are computed by Checked and are not a credit decision.