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SOLSTICE

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Helshovenstraat 37 ·3840 Tongeren-Borgloon, Belgium
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BE 0707.761.290
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Turnover
EBIT margin
Net result€758-97.6%
Working capital€2.44M+284.2%
Directors2
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Annual accounts & ratios

Source: NBB · 2023
Annual accounts filed on 30-09-2024 with the NBB · fiscal year 2023 · verkort
€0€50k€100k€150kOperating result 2019: €13k€13kNet result 2019: €2k€2kOperating result 2020: €109k€109kNet result 2020: €94k€94kOperating result 2021: €146k€146kNet result 2021: €109k€109kOperating result 2022: €139k€139kNet result 2022: €32k€32kOperating result 2023: €104k€104kNet result 2023: €758€75820192020202120222023
Operating resultNet result
Sector comparison
Fiscal year 2023 · NACE 01 — Agriculture · compared across all schema types (micro, abbreviated and full combined)
Metric This company Sector median Position in the sector
Solvency 5.0% 16.9%
better than 32% of 138 sector peers
Net result €758 €10k
better than 34% of 138 sector peers
Equity €244k €26k
better than 93% of 138 sector peers
Gross operating margin €386k €33k
better than 92% of 137 sector peers
Staff costs €161k €28k
higher than 85% of 38 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€213k
-6.7% 19–23
Net profit
€758
-97.6% 19–23
Cash flow
€109k
-8.8% 19–23
Total assets
€4.90M
+17.8% 19–23
Equity
€244k
+0.3% 19–23
Working capital
€2.44M
+284.2% 19–23
Employees (FTE)
3
+57.9% 19–23
Staff costs
€161k
+94.7% 19–23
Income taxes
€0
-100.0% 19–23
Debt
€4.66M
+18.8% 19–23
Debt ≤ 1y
€556k
-68.4% 19–23
Debt > 1y
€4.09M
+89.6% 19–23
Current ratio
5.38
+295.7% 19–23
Quick ratio
1.86
+59.1% 19–23
Solvency
5.0%
-14.8% 19–23
Debt / equity
19.12
+18.5% 19–23
ROE
0.3%
-97.6% 19–23
ROA
0.0%
-98.0% 19–23
Interest coverage
1.85
-15.6% 19–23
Figures by fiscal year
Fiscal year2023
Revenue
EBITDA€213k
Net profit€758
Cash flow€109k
Staff costs€161k
Income taxes€0
Dividends
Total assets€4.90M
Equity€244k
Debt€4.66M
of which ≤ 1y€556k
of which > 1y€4.09M
Working capital€2.44M
Employees (FTE)3.0
Ratios (computed)
2023
Current ratio5.38
Quick ratio1.86
Working capital ratio49.7%
Solvency5.0%
Debt / equity19.12
Long-term debt ratio16.79
Interest coverage1.85
Gross margin
Net margin
ROA0.0%
ROE0.3%
EBITDA margin
Days sales outstanding
Days payable outstanding
Inventory turnover
Days inventory (DSI)
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet — Assets
TOTAL ASSETS 20/58€4.90M
Fixed assets 21/28€1.91M
Formation expenses 20€3k
Intangible fixed assets 21€2k
Tangible fixed assets 22/27€1.90M
Financial fixed assets 28€780
Current assets 29/58€3.00M
Stocks & contracts in progress 3€1.96M
Amounts receivable within one year 40/41€1.02M
Cash & bank 54/58€8k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€4.90M
Equity 10/15€244k
Contributions / capital 10/11€6k
Reserves 13€237k
Accumulated profits (losses) 14€758
Amounts payable 17/49€4.66M
Amounts payable after one year 17€4.09M
Amounts payable within one year 42/48€556k
Trade debts payable within one year 44€292k
Income statement
Gross operating margin 9900€386k
Operating result 9901€104k
Financial income 75€12k
Financial charges 65€115k
Result before taxes 9903€758
Income taxes 67/77€0
Net result for the period 9904€758
Result to be appropriated 9905€758
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Ratios computed by Checked.

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FY 2023 · computed
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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.