SoLow België
ActiveSummary
The computed 12-month bankruptcy probability of SoLow België is 6.2% (elevated). The 2025 annual accounts show negative equity (€-538k) and a net result of €-615k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 10359 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
15
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-52
Solvency0▼-28
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
6.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.42 against 0.47 in 2024; short-term debt: 126.1% and cash: 14.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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 47
Relative position
BE, all sectors
reference
Sector 47
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 2025Solvency, return and age of the figures
Solvency
-26.6%
Return on assets
-30.4%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €-538k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
31 d late
2024
on the day
2023
7 d early
2022
5 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€-538k
2024 · €77k
2022: €-67k
2023: €46k
2024: €77k
2022 → 2025
Total assets
€2.03M▼ 16.2%
2024 · €2.42M
2022: €1.41M
2023: €2.80M
2024: €2.42M
2022 → 2025
Net result
€-615k
2024 · €31k
2022: €-67k
2023: €113k
2024: €31k
2022 → 2025
Working capital
€-1.47M▼ 22.1%
2024 · €-1.21M
2022: €-828k
2023: €-1.51M
2024: €-1.21M
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-67k-€46k€77k▲ 66.2%€-538k
Operating result€-60k-€287k€230k▼ 19.8%€-493k
Net result€-67k-€113k€31k▼ 72.8%€-615k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €493k after €230k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.03M
Fixed assets
€945k ▼ 30.0%
Current assets
€1.08M ▲ 1.2%
Key figures and ratios
EBITDA
€-46k▼
2024 · €665k
Cash flow
€-168k▼
2024 · €466k
Solvency
-26.6%▼
2024 · 3.2%
Current ratio
0.42▼
2024 · 0.47
Quick ratio
0.19▲
2024 · 0.16
Debt to equity
-4.77▼
2024 · 30.32
ROA
-30.4%▼
2024 · 1.3%
Interest coverage
-0.36▼
2024 · 3.76
Debt
€2.56M▲
2024 · €2.34M
Debt ≤ 1 year
€2.55M▲
2024 · €2.27M
Staff costs
€1.30M▼
2024 · €1.59M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.42M€2.03M▼
Fixed assets21/28€1.35M€945k▼
Intangible fixed assets21€6k€2k▼
Tangible fixed assets22/27€1.34M€943k▼
Furniture and vehicles24€245k€196k▼
Other tangible fixed assets26€1.10M€747k▼
Current assets29/58€1.07M€1.08M▲
Stocks and contracts in progress3€694k€605k▼
Stocks30/36€694k€605k▼
Amounts receivable within one year40/41€71k€116k▲
Trade receivables40€71k€56k▼
Other amounts receivable41-€60k
Cash at bank and in hand54/58€288k€301k▲
Deferred charges and accrued income490/1€14k€59k▲
Equity and liabilities
Total equity and liabilities10/49€2.42M€2.03M▼
Equity10/15€77k€-538k▼
Contributions10/11€100€100=
Reserves13€77k€77k=
Distributable reserves133€77k€77k=
Profit (loss) carried forward14-€-615k
Amounts payable17/49€2.34M€2.56M▲
Amounts payable within one year42/48€2.27M€2.55M▲
Trade debts44€345k€750k▲
Suppliers440/4€345k€750k▲
Taxes, remuneration and social security45€427k€369k▼
Taxes450/3€227k€166k▼
Remuneration and social security454/9€200k€202k▲
Other amounts payable47/48€1.50M€1.44M▼
Accrued charges and deferred income492/3€66k€9k▼
Income statement
Code20242025
Remuneration, social security and pensions62€1.59M€1.30M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€435k€447k▲
Other operating charges640/8€105k€76k▼
Gross operating margin9900€2.36M€1.33M▼
Operating profit (loss)9901€230k€-493k▼
Financial income75/76B€2k€4k▲
Recurring financial income75€2k€4k▲
Financial charges65/66B€177k€127k▼
Recurring financial charges65€177k€127k▼
Profit (loss) for the period before taxes9903€56k€-615k▼
Income taxes67/77€25k-
Profit (loss) for the period9904€31k€-615k▼
Profit (loss) for the period to be appropriated9905€31k€-615k▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€-615k▼
Transfer to equity691/2€31k-
To other reserves6921€31k-
Social balance
Average headcount (FTE)908725.519.6▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
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
Weakest financial yearnet €-615k ▼2102%
Net result drops to €-615k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €113k
Net result €113k after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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 · 6 establishment units since 2022
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.
Brusselstraat 512018 AntwerpenGround area
7.3 ha
Building footprint
6.2 ha
Volume, LiDAR
733,417 m³
6 parcels, Flanders · tallest building 29.0 m, ±6 floors. Linked by address, not a title deed.
6 establishment units
SoLow België
since 20222.334.326.081
Zuidzandstraat 46, 8000 Brugge
since 20222.338.040.488
Diestsestraat 93, 3000 Leuven
since 20222.338.040.587
Turnhoutsebaan 5, 2110 Wijnegem
since 20232.341.810.325
Ooststraat 50, 8800 Roeselare
since 20232.341.810.424
Steenpoort(Kor) 2, 8500 Kortrijk
since 20232.348.744.142
6 parcels
Flanders
6
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050B0010/00E002 | Flanders | 5.6 ha | 1 · 4.9 ha | 27.4 m · 4 fl. |
| 34353H1142/00X000 | Flanders | 1.4 ha | 1 · 1.1 ha | 28.9 m · 6 fl. |
| 31804D1440/00K000 | Flanders | 829 m² | 1 · 843 m² | 11.0 m · 1 fl. |
| 24062A0833/00R000 | Flanders | 816 m² | 1 · 817 m² | 16.1 m · 4 fl. |
| 11811L3838/00N000 | Flanders | 261 m² | 1 · 261 m² | 22.5 m · 6 fl. |
| 36502B0070/00H000indicative | Flanders | 104 m² | 1 · 119 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 5
5 of 6 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
5 sitesBrugge2.338.040.488
Kortrijk2.348.744.142
Leuven2.338.040.587
Roeselare2.341.810.424
Show 1 more sites
Wijnegem2.341.810.325
Dual-learning approval
3 live approvalsOnthaal, organisatie en sales duaal (so)
Winkelmedewerker (vwo)
Winkelmedewerker duaal (so)
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MOVEMENT FOR NATURE
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Of 4,243 companies in sector 47789 we hold annual accounts for 1,019. 807 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
47789Other retail sale of new goods
47559Retail sale of other household articles
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.