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SOLSTICE

Active
Private limited company (pre-2019)founded 2016active for 10 yearsLeopoldlaan 13, 8420 De Haan, BelgiumKBO/BCE: BE 0647.802.622
Summary

The computed 12-month bankruptcy probability of SOLSTICE is 5.6% (elevated). The 2025 annual accounts show equity of €204,112 and a net result of €50,356. Equity has been growing by about 15% per year since 2019. Its solvency ranks better than 38% of 4,800 sector peers (NACE 56, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 04-02-2016 Normal situation
Activity
Cafés and bars NACE 56301and 4 others
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 31-03-2025
Establishment unit
2.251.037.032 8420 De Haan, since 04-02-2016
Financial year end
31 March
Peppol
Reachable since 22-10-2025

Board and ownership

Board
  • Bossuwe StephanieDirector · since 04-02-2016
  • Goudesone MichaëlDirector · since 04-02-2016

Financial position

38 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.6%
Annual accounts to 31-03-2025
Gross margin
€397,463
▲ 19.2%
Turnover
≈ €950,000
estimated
Profit
€50,356
▲ 106%
Equity
€204,112
▲ 32.8%
Total assets
€1.1m
▼ 0.8%
Employees on 31-03-2025
2
▼ 75.0%
  • 2026 accounts not filed, 4 days past the deadline
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 266 days late; 3 of the last 3 accounts lateSector: Food and beverage service activities (NACE 56)Size: 6.2 FTE, total assets €1.1mLiquidity: current ratio 0.66, cash €34,625Show the evidence

Checked score

Score 2025
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 49% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Average
Solvency 44+5
equity 18.7% of total assets
Liquidity 31+1
short-term debt 46.9% · cash 3.2%
Profitability 75+20
return on assets 4.6%
Bankruptcy probability within 12 months
5.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,783 companies, NACE 56, micro)
Last 24 months 12-2024: 6.6% 01-2025: 6.6%● unchanged vs 12-2024 02-2025: 6.6%● unchanged vs 01-2025 03-2025: 6.6%● unchanged vs 02-2025 04-2025: 6.6%● unchanged vs 03-2025 05-2025: 6.6%● unchanged vs 04-2025 06-2025: 6.5%▼ -0.1 percentage points vs 05-2025 07-2025: 6.5%● unchanged vs 06-2025 08-2025: 10.6%▲ +4.1 percentage points vs 07-2025 09-2025: 10.4%▼ -0.2 percentage points vs 08-2025 10-2025: 10.4%● unchanged vs 09-2025 11-2025: 12.2%▲ +1.8 percentage points vs 10-2025highest value 12-2025: 12.2%● unchanged vs 11-2025highest value 01-2026: 12.2%● unchanged vs 12-2025highest value 02-2026: 12.2%● unchanged vs 01-2026highest value 03-2026: 12.1%▼ -0.1 percentage points vs 02-2026 04-2026: 12.1%● unchanged vs 03-2026 05-2026: 12.0%▼ -0.1 percentage points vs 04-2026 06-2026: 12.0%● unchanged vs 05-2026 07-2026: 10.4%▼ -1.6 percentage points vs 06-2026 08-2026: 4.6%▼ -5.8 percentage points vs 07-2026lowest value 09-2026: 4.7%▲ +0.1 percentage points vs 08-2026 10-2026: 5.3%▲ +0.6 percentage points vs 09-2026 11-2026: 5.6%▲ +0.3 percentage points vs 10-2026
Credit of up to €7,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is insufficient, with a current ratio of 0.66 (0.63 in 2024), below 1. Short-term debt is 46.9% and cash 3.2% of total assets. 81.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 40% of them on solvency, 26% on liquidity, 57% on profitability and 74% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 266 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Size: 6.2 FTE, total assets €1.1m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.66, cash €34,625
NBB · annual accounts
raises risk · 2025 accounts filed 266 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-07-2026, 266 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 9 filings
Deviation from the deadline
2026
not filed
2025
266 days late
2024
594 days late
2023
623 days late
2022
4 days late
2021
30 days late
2020
26 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 257 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Equity rose in 2025from €153,756 to €204,112 ▲ 32.8% View

Recent changes

  1. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as SOLSTICE: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €739,000 and €1.7m, founded between 2009 and 2017.

CompanyTotal assetsGross margin
SOLSTICE De Haan€1.1m€0.4m
ELEPHANT EVENTS De Haan€1.1m€0.5m
INPROVA Schelle€0.9m€0.3m
Bar'z FOOD & DRINKS Aalter€0.7m€0.5m
PILERO Sint-Truiden€1.1m€0.7m
KYNDT Brugge€0.9m€0.5m
Starlette Kortrijk€1.7m€0.6m
Full comparison

Key facts about SOLSTICE

What is the company number of SOLSTICE?
The company number of SOLSTICE is 0647.802.622. The VAT number is the same number with BE in front: BE 0647.802.622.
Where is SOLSTICE based?
The registered office is at Leopoldlaan 13, 8420 De Haan.Company details
What does SOLSTICE do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of SOLSTICE?
The legal form of SOLSTICE is Private limited company (pre-2019) (BVBA).
When was SOLSTICE founded?
SOLSTICE was founded on 04-02-2016.
Is SOLSTICE still active?
Yes, SOLSTICE is an active enterprise in the KBO register.
How many employees does SOLSTICE have?
SOLSTICE had an average of 6.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does SOLSTICE fall under?
In its 31-03-2025 annual accounts, SOLSTICE states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of SOLSTICE?
The turnover in financial year 2025 is ≈ €950,000. This figure is estimated from the gross margin of €397,463 and 83 comparable companies (NACE 56). It probably lies between €860,000 and €1.2m.
Is SOLSTICE profitable?
In financial year 2025, SOLSTICE made a profit of €50,356.
Where can I find the annual accounts of SOLSTICE?
SOLSTICE filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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