SOLTANACONSTRUCT
ActiveSummary
For SOLTANACONSTRUCT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €43k and a net result of €17k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 95% of 9008 sector peers (fiscal year 2023). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability100▲+34
Solvency100=
Growth54▲+17
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check 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 41
Relative position
BE, all sectors
reference
Sector 41
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 2023Solvency, return and age of the figures
Solvency
92.2%
Return on assets
37.4%
Age of the figures
33 mo
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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-08-2024, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
29 d late
2022
31 d late
2021
11 d early
2020
26 d early
2019
60 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
€55k▲ 18.9%
2020 · €46k
2018: €78k
2020: €46k
2018 → 2022
EBIT margin
4.0%▼ 2.8pp
2020 · 6.9%
2018: 11.1%
2020: 6.9%
2018 → 2022
Net result
€17k▲ 663%
2022 · €2k
2018: €9k
2019: €215
2020: €-41
2021: €-711
2022: €2k
2018 → 2023
Working capital
€41k▲ 76.5%
2022 · €23k
2018: €9k
2019: €17k
2020: €24k
2021: €20k
2022: €23k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€46k€55k
Equity€24k-€24k▼ 0.2%€23k▼ 3.0%€25k▲ 9.8%€43k▲ 68.2%
Operating result€112-€3k▲ 2,756%€-487€2k€17k▲ 676%
Net result€215-€-41€-711▼ 1,633%€2k€17k▲ 663%
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed two years in a row; 2023 is 676% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €46k
Fixed assets
€1k ▼ 27.9%
Current assets
€45k ▲ 74.9%
Equity and liabilities €46k
Equity
€43k ▲ 68.2%
Debt
€4k ▲ 58.7%
Debt's share of the balance-sheet total falls from 8.2% to 7.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€18k▲
2022 · €3k
Cash flow
€18k▲
2022 · €3k
Current ratio
12.41▲
2022 · 11.27
Debt to equity
0.08▼
2022 · 0.09
ROE
40.5%▲
2022 · 8.9%
ROA
37.4%▲
2022 · 8.2%
Interest coverage
397.07▲
2022 · 61.73
Debt ≤ 1 year
€4k▲
2022 · €2k
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 · 2023 against 2022 · 38 lines
Balance sheet
Code20222023
Assets
Total assets20/58€28k€46k▲
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€2k€1k▼
Current assets29/58€26k€45k▲
Amounts receivable within one year40/41€7k€4k▼
Trade receivables40€2k€4k▲
Other amounts receivable41€4k€17▼
Cash at bank and in hand54/58€19k€40k▲
Equity and liabilities
Total equity and liabilities10/49€28k€46k▲
Equity10/15€25k€43k▲
Contributions10/11€15k€15k=
Reserves13€523€523=
Non-distributable reserves130/1€523€523=
Reserves not available under the articles1311€523€523=
Profit (loss) carried forward14€9k€27k▲
Amounts payable17/49€2k€4k▲
Amounts payable within one year42/48€2k€4k▲
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45-€1k
Taxes450/3-€1k
Income statement
Code20222023
Turnover70€55k-
Goods, raw materials, services and sundry goods60/61€51k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€560€560=
Other operating charges640/8€983€778▼
Gross operating margin9900€4k€19k▲
Operating profit (loss)9901€2k€17k▲
Financial income75/76B€214-
Recurring financial income75€214-
Financial charges65/66B€45€45▼
Recurring financial charges65€45€45▼
Profit (loss) for the period before taxes9903€2k€17k▲
Income taxes67/77€138-
Profit (loss) for the period9904€2k€17k▲
Profit (loss) for the period to be appropriated9905€2k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€27k▲
Profit (loss) brought forward from the previous period14P€7k€9k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €17k ▲663%
Operating result €17k, net result €17k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-711
Net result drops to €-711, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 33.55
Current ratio from 15.79 to 33.55; short-term debt falls from €2k to €629.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity quadruplescurrent ratio 15.79
Current ratio from 4.22 to 15.79; short-term debt falls from €5k to €2k.
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 60 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 4.22
Current ratio from 1.51 to 4.22; short-term debt falls from €18k to €5k.
29-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 121 days late
Show earlier events
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
2016
30-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 122 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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 2015
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.
Van den Hautelei 1932100 AntwerpenGround area
351 m²
Building footprint
179 m²
Volume, LiDAR
1,442 m³
2 parcels, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SOLTANACONSTRUCT
since 20152.249.700.709
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11345B0406/00N000 | Flanders | 240 m² | 1 · 114 m² | 10.8 m · 3 fl. |
| 11346B0440/00Y002 | Flanders | 110 m² | 1 · 65 m² | 10.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MIA Construct
BE 0767.782.219
Kraainem · Eq €42,582
STEVEN VANDAMME
BE 0886.709.167
Kortrijk · Eq €42,590
MC entreprises
BE 0664.886.203
Andenne · Eq €42,560
BMC BUILDING COMPANY
BE 0770.769.423
Aalst · Eq €42,598
BATIGAUME
BE 0759.991.634
Musson · Eq €42,600
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 12,936 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
Founded20-01-2015
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.