SOLTECCO
ActiveThe computed 12-month bankruptcy probability of SOLTECCO is 2.3% (moderate). The 2025 annual accounts show equity of €62k and a net result of €-22k. Equity is growing by ~23.9% per year across the filed fiscal years. Its solvency ranks better than 38% of 27559 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability21▼-71
Solvency61▼-3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.32 against 1.47 in 2024; short-term debt: 34.7% and cash: 3.3% of total assets), and 63.7% of the assets are financed with debt.
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 43
Relative position
BE, all sectors
reference
Sector 43
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
36.3%
Return on assets
-12.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
18 d early
2024
21 d early
2023
28 d late
2022
56 d late
2021
11 d late
2020
55 d late
2019
61 d late
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€62k▼ 25.8%
2024 · €84k
2019: €18k
2020: €27k
2021: €30k
2022: €31k
2023: €43k
2024: €84k
2019 → 2025
Total assets
€172k▼ 21.3%
2024 · €218k
2019: €71k
2020: €78k
2021: €85k
2022: €77k
2023: €99k
2024: €218k
2019 → 2025
Net result
€-22k
2024 · €41k
2019: €6k
2020: €9k
2021: €3k
2022: €1k
2023: €12k
2024: €41k
2019 → 2025
Working capital
€19k▼ 43.7%
2024 · €34k
2019: €-1k
2020: €-3k
2021: €-2k
2022: €5k
2023: €9k
2024: €34k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€30k-€31k▲ 3.7%€43k▲ 39.0%€84k▲ 95.3%€62k▼ 25.8%
Operating result€5k-€3k▼ 38.5%€17k▲ 473%€59k▲ 235%€-18k
Net result€3k-€1k▼ 66.0%€12k▲ 1,003%€41k▲ 239%€-22k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €18k after €59k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €172k
Fixed assets
€93k▼ 17.9%
Current assets
€79k▼ 25.0%
Equity and liabilities €172k
Equity
€62k▼ 25.8%
Debt
€109k▼ 18.5%
The debt ratio rises from 61.4% to 63.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€7k▼
2024 · €80k
Cash flow
€4k▼
2024 · €62k
Solvency
36.3%▼
2024 · 38.6%
Current ratio
1.32▼
2024 · 1.47
Quick ratio
1.32▼
2024 · 1.47
Debt / equity
1.75▲
2024 · 1.59
ROE
-34.8%▼
2024 · 48.8%
ROA
-12.7%▼
2024 · 18.8%
Interest coverage
2.18▼
2024 · 29.37
Debt
€109k▼
2024 · €134k
Debt ≤ 1 year
€60k▼
2024 · €71k
Debt > 1 year
€50k▼
2024 · €63k
Income taxes
€0▼
2024 · €15k
Staff costs
€572▲
2024 · €60
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 2024
Balance sheet
Code20242025
Assets
Total assets20/58€218k€172k▼
Fixed assets21/28€113k€93k▼
Tangible fixed assets22/27€113k€93k▼
Land and buildings22€5k€5k▼
Plant, machinery and equipment23€10k€7k▼
Furniture and vehicles24€98k€81k▼
Current assets29/58€105k€79k▼
Amounts receivable within one year40/41€34k€68k▲
Trade receivables40€25k€55k▲
Other amounts receivable41€8k€13k▲
Cash at bank and in hand54/58€66k€6k▼
Deferred charges and accrued income490/1€5k€5k▼
Equity and liabilities
Total equity and liabilities10/49€218k€172k▼
Equity10/15€84k€62k▼
Contributions10/11€12k€12k=
Profit (loss) carried forward14€72k€50k▼
Amounts payable17/49€134k€109k▼
Amounts payable after more than one year17€63k€50k▼
Financial debts170/4€63k€50k▼
Amounts payable within one year42/48€71k€60k▼
Current portion of amounts payable after more than one year42€13k€13k▲
Financial debts43€3k€0▼
Other loans439€3k€0▼
Trade debts44€34k€32k▼
Suppliers440/4€34k€32k▼
Advances received on contracts in progress46€15k€0▼
Taxes, remuneration and social security45€3k€4k▲
Taxes450/3€3k€4k▲
Other amounts payable47/48€3k€11k▲
Income statement
Code20242025
Remuneration, social security and pensions62€60€572▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€26k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€82k€10k▼
Operating profit (loss)9901€59k€-18k▼
Financial income75/76B€72€1▼
Recurring financial income75€72€1▼
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€56k€-22k▼
Income taxes67/77€15k€0▼
Profit (loss) for the period9904€41k€-22k▼
Profit (loss) for the period to be appropriated9905€41k€-22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€72k€50k▼
Profit (loss) brought forward from the previous period14P€31k€72k▲
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
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-22k ▼153%
Net result drops to €-22k, the lowest in the series.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2019net €41k ▲239%
Operating result €59k, net result €41k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 56 days late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
24-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 55 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
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, Erpe-Mere · 1 establishment unit since 2018
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.
Bloemenstraat 89420 Erpe-MereGround area
830 m²
Building footprint
369 m²
Volume, LiDAR
1,705 m³
Parcel 41015B0890/00R000, Flanders · tallest building 7.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SOLTECCO
since 20182.283.230.441
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41015B0890/00R000 | Flanders | 830 m² | 1 · 369 m² | 7.6 m · 1 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 78 EUR awarded · 78 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 78 EUR | 78 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteErpe-Mere2.283.230.441
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Of 7,292 companies in sector 43350 we hold annual accounts for 2,361. 2,006 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-10-2018
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43350Other building finishing work
43230Insulation installation
43291Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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.