SOLUCO
SOLUCO has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €168k and a net result of €57k. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 34% of 16691 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €168k |
| Net result | €57k |
| Staff (FTE) | 0.2 |
| Better than sector | 34% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 40.0% | 60.0% | |
| Net result | €57k | €29k | |
| Equity | €168k | €72k | |
| Gross operating margin | €96k | €55k | |
| Staff costs | €2k | €25k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €93k | €86k | €51k | €30k | €38k |
| Net profit | €57k | €46k | €27k | €12k | €17k |
| Cash flow | €68k | €60k | €38k | €20k | €26k |
| Staff costs | €2k | - | - | - | - |
| Income taxes | €22k | €18k | €10k | €6k | €8k |
| Dividends | €35k | €22k | €16k | €0 | €42k |
| Total assets | €420k | €391k | €396k | €382k | €307k |
| Equity | €168k | €146k | €122k | €111k | €99k |
| Debt | €252k | €245k | €274k | €270k | €208k |
| of which ≤ 1y | €215k | €200k | €226k | €187k | €151k |
| of which > 1y | €32k | €38k | €44k | €49k | €55k |
| Working capital | €125k | €105k | €77k | €102k | €55k |
| Employees (FTE) | 0.2 | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.58 | 1.53 | 1.34 | 1.54 | 1.37 |
| Quick ratio | 1.58 | 1.53 | 1.34 | 1.54 | 1.37 |
| Working capital ratio | 29.8% | 26.9% | 19.5% | 26.6% | 18.0% |
| Solvency | 40.0% | 37.4% | 30.8% | 29.1% | 32.3% |
| Debt / equity | 1.50 | 1.67 | 2.24 | 2.43 | 2.10 |
| Long-term debt ratio | 0.19 | 0.26 | 0.36 | 0.44 | 0.55 |
| Interest coverage | 13.87 | 9.65 | 9.36 | 5.16 | 10.14 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 13.5% | 11.8% | 6.9% | 3.1% | 5.5% |
| ROE | 33.7% | 31.5% | 22.3% | 10.8% | 17.1% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €420k | €391k | €396k | €382k | €307k |
| Fixed assets | 21/28 | €80k | €86k | €93k | €93k | €101k |
| Tangible fixed assets | 22/27 | €80k | €86k | €93k | €93k | €101k |
| Financial fixed assets | 28 | €176 | €45 | €45 | €55 | €55 |
| Current assets | 29/58 | €340k | €305k | €303k | €288k | €207k |
| Amounts receivable within one year | 40/41 | €147k | €189k | €134k | €164k | €50k |
| Investments | 50/53 | €58k | €57k | €83k | €50k | €44k |
| Cash & bank | 54/58 | €130k | €56k | €83k | €70k | €106k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €420k | €391k | €396k | €382k | €307k |
| Equity | 10/15 | €168k | €146k | €122k | €111k | €99k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Reserves | 13 | €150k | €128k | €104k | €93k | €81k |
| Accumulated profits (losses) | 14 | €0 | €0 | €0 | €0 | - |
| Amounts payable | 17/49 | €252k | €245k | €274k | €270k | €208k |
| Amounts payable after one year | 17 | €32k | €38k | €44k | €49k | €55k |
| Amounts payable within one year | 42/48 | €215k | €200k | €226k | €187k | €151k |
| Trade debts payable within one year | 44 | €106k | €96k | €93k | €79k | €53k |
| Income statement | ||||||
| Gross operating margin | 9900 | €96k | €88k | €52k | €31k | €39k |
| Operating result | 9901 | €82k | €73k | €41k | €21k | €29k |
| Financial income | 75 | €4k | €608 | €3k | €2k | €220 |
| Financial charges | 65 | €7k | €9k | €5k | €6k | €4k |
| Result before taxes | 9903 | €79k | €64k | €38k | €18k | €25k |
| Income taxes | 67/77 | €22k | €18k | €10k | €6k | €8k |
| Net result for the period | 9904 | €57k | €46k | €27k | €12k | €17k |
| Result to be appropriated | 9905 | €57k | €46k | €27k | €12k | €21k |
| NACE primary | Other information technology and computer services(62900) |
| Legal form | Private limited company(610) |
| Incorporation | 20-09-2010 |
| Status | Active |
| Postal code | 9160 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46014A1010/00K000 | Flanders | 2,156 m² | 1 · 120 m² | 8.2 m · 2 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
14-12-2023 Discharge granted to the board
Technical details
{
"events": [
{
"kind": "decharge_pending",
"role": null,
"person": null,
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De algemene vergadering zal op de volgende jaarvergadering beslissen over de kwijting aan de ontslagnemende zaakvoerders voor de uitoefening van hun mandaat.",
"decharge_status": "pending_next_agm",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Johan Dedoncker",
"firm_city": null,
"firm_name": null,
"office_city": "Berlare",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-12-14",
"filing_date": "2023-12-12",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-12-04",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-12-04",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-12-04",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-12-04",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-12-04",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-12-04",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-12-04",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0829.377.021",
"name_full": "SOLUCO",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Johan Dedoncker",
"org_rep_person_name": null,
"person_role_at_subject": "notaris"
},
"co_filed_documents": [
"Uitgifte proces-verbaal van buitengewone algemene vergadering",
"Geco\u00F6rdineerde statuten"
],
"corrected_publication_numac": null
}| Legal nameNL | SOLUCO |