SOLSTICE
ActiveThe computed 12-month bankruptcy probability of SOLSTICE is 1.6% (moderate). The 2025 annual accounts show equity of €204k and a net result of €50k. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 38% of 3644 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▲+9
Solvency44▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days only on tighter terms
Liquidity short (current ratio 0.66 against 0.66 in 2023; short-term debt: 46.9% and cash: 3.2% of total assets), and 81.3% of the assets are financed with debt.
Credit advice for your own amount and term
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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
18.7%
Return on assets
4.6%
Age of the figures
18 mo
raises risk · Filed more than 90 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: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 8 filingsDeviation from the deadline
2025
266 d late
2023
623 d late
2022
4 d late
2021
30 d late
2020
26 d late
2019
1 d early
2018
5 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close18-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€204k▲ 57.8%
2023 · €129k
2019: €101k
2020: €81k
2021: €57k
2022: €120k
2023: €129k
2019 → 2025
Total assets
€1.09M▼ 0.9%
2023 · €1.10M
2019: €228k
2020: €846k
2021: €861k
2022: €1.08M
2023: €1.10M
2019 → 2025
Net result
€50k▲ 417%
2023 · €10k
2019: €57k
2020: €-20k
2021: €-24k
2022: €62k
2023: €10k
2019 → 2025
Working capital
€-174k▼ 28.3%
2023 · €-135k
2019: €-3k
2020: €-42k
2021: €-71k
2022: €-115k
2023: €-135k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232025Trend
Equity€81k-€57k▼ 29.1%€120k▲ 109%€129k▲ 8.1%€204k▲ 57.8%
Operating result€-12k-€-11k▲ 7.5%€72k€25k▼ 64.9%€91k▲ 259%
Net result€-20k-€-24k▼ 19.0%€62k€10k▼ 84.3%€50k▲ 417%
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 €91k in 2025, compared with €25k in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €1.09M
Fixed assets
€752k▼ 10.4%
Current assets
€338k▲ 29.6%
Equity and liabilities €1.09M
Equity
€204k▲ 57.8%
Debt
€886k▼ 8.7%
The debt ratio falls from 88.2% to 81.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€132k▲
2023 · €77k
Cash flow
€92k▲
2023 · €61k
Solvency
18.7%▲
2023 · 11.8%
Current ratio
0.66▲
2023 · 0.66
Quick ratio
0.62▲
2023 · 0.60
Debt / equity
4.34▼
2023 · 7.50
ROE
24.7%▲
2023 · 7.5%
ROA
4.6%▲
2023 · 0.9%
Interest coverage
6.26▲
2023 · 5.52
Debt
€886k▼
2023 · €970k
Debt ≤ 1 year
€512k▲
2023 · €396k
Debt > 1 year
€374k▼
2023 · €574k
Income taxes
€25k▲
2023 · €5k
Staff costs
€252k▼
2023 · €285k
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 · 2025 against 2023
Balance sheet
Code20232025
Assets
Total assets20/58€1.10M€1.09M▼
Fixed assets21/28€839k€752k▼
Intangible fixed assets21€373€182▼
Tangible fixed assets22/27€717k€630k▼
Land and buildings22€640k€608k▼
Plant, machinery and equipment23€31k€7k▼
Furniture and vehicles24€16k€3k▼
Other tangible fixed assets26€30k€12k▼
Financial fixed assets28€122k€122k=
Current assets29/58€261k€338k▲
Amounts receivable after more than one year29€92k€124k▲
Other amounts receivable291€92k€124k▲
Stocks and contracts in progress3€25k€20k▼
Stocks30/36€25k€20k▼
Amounts receivable within one year40/41€139k€160k▲
Trade receivables40€28k€28k=
Other amounts receivable41€112k€132k▲
Cash at bank and in hand54/58€4k€35k▲
Deferred charges and accrued income490/1€308-
Equity and liabilities
Total equity and liabilities10/49€1.10M€1.09M▼
Equity10/15€129k€204k▲
Contributions10/11€19k€19k=
Reserves13€111k€186k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€109k€184k▲
Amounts payable17/49€970k€886k▼
Amounts payable after more than one year17€574k€374k▼
Financial debts170/4€574k€374k▼
Amounts payable within one year42/48€396k€512k▲
Current portion of amounts payable after more than one year42€78k€74k▼
Financial debts43€27k-
Credit institutions430/8€27k-
Trade debts44€62k€72k▲
Suppliers440/4€62k€72k▲
Taxes, remuneration and social security45€115k€241k▲
Taxes450/3€66k€201k▲
Remuneration and social security454/9€49k€41k▼
Other amounts payable47/48€113k€125k▲
Income statement
Code20232025
Remuneration, social security and pensions62€285k€252k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€41k▼
Other operating charges640/8€10k€14k▲
Gross operating margin9900€371k€397k▲
Operating profit (loss)9901€25k€91k▲
Financial income75/76B€3k€6k▲
Recurring financial income75€3k€6k▲
Financial charges65/66B€14k€21k▲
Recurring financial charges65€14k€21k▲
Profit (loss) for the period before taxes9903€14k€76k▲
Income taxes67/77€5k€25k▲
Profit (loss) for the period9904€10k€50k▲
Profit (loss) for the period to be appropriated9905€10k€50k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€50k▲
Transfer to equity691/2€10k€50k▲
To other reserves6921€10k€50k▲
Social balance
Average headcount (FTE)9087-6.2
The notes to these accounts (14 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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 266 days late
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 623 days late
31-03
Financial
Equity above €200kEq €204k ▲57.8%
3 profitable years in a row build equity to €204k.
2022
04-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
31-03
Financial
Back to profitnet €62k
Net result €62k after 2 loss-making years.
31-03
Financial
Equity above €100kEq €120k ▲109%
Equity rises from €57k to €120k.
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
31-03
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
05-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, De Haan · 1 establishment unit since 2016
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.
Leopoldlaan 138420 De HaanGround area
377 m²
Building footprint
377 m²
Volume, LiDAR
2,004 m³
Parcel 35007A0010/00W016, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SOLSTICE
since 20162.251.037.032
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35007A0010/00W016 | Flanders | 377 m² | 1 · 377 m² | 10.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteDe Haan2.251.037.032
Similar companies · same sector, comparable size
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AMBI
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Mazette
BE 0766.650.584
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La Cour St-Jean Holding
BE 0668.582.002
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EVDGB
BE 0714.979.476
Blankenberge · Eq €205k
Of 14,028 companies in sector 56301 we hold annual accounts for 4,894. 3,081 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded04-02-2016
Fiscal year end31-03
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56220Contract catering and other food service activities
56290Food and beverage service activities
56309Food and beverage service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.