SOLUFAK
ActiveSOLUFAK has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.92M and a net result of €135k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 40% of 50 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability57▲+22
Solvency50▲+6
Growth67▼-1
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.24 in 2024; short-term debt: 72% and cash: 35% of total assets), and 74.9% 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.
−lowers risk○neutral
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
25.1%
Return on assets
1.8%
Age of the figures
9 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 80
Relative position
BE, all sectors
reference
Sector 80
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-09-2026, 34 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 · 10 filingsDeviation from the deadline
2025
34 d late
2024
58 d late
2023
30 d late
2022
353 d late
2021
37 d early
2020
50 d early
2019
1 d early
← 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, full schema
Turnover
€15.67M▼ 30.0%
2024 · €22.37M
2020: €6.64M
2021: €6.59M
2023: €21.16M
2024: €22.37M
2020 → 2025
EBIT margin
1.8%▲ 0.2pp
2024 · 1.5%
2020: 8.3%
2021: 1.5%
2023: 1.6%
2024: 1.5%
2020 → 2025
Net result
€135k▲ 480%
2024 · €23k
2018: €479k
2019: €460k
2020: €382k
2021: €47k
2023: €50k
2024: €23k
2018 → 2025
Working capital
€1.81M▲ 8.1%
2024 · €1.68M
2018: €1.13M
2019: €1.55M
2020: €1.83M
2021: €2.17M
2023: €1.59M
2024: €1.68M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Turnover€6.64M-€6.59M▼ 0.7%€21.16M▲ 221%€22.37M▲ 5.7%€15.67M▼ 30.0%
Equity€1.73M-€1.66M▼ 4.3%€1.76M▲ 6.3%€1.79M▲ 1.3%€1.92M▲ 7.5%
Operating result€550k-€99k▼ 81.9%€331k▲ 233%€344k▲ 3.8%€279k▼ 18.8%
Net result€382k-€47k▼ 87.6%€50k▲ 4.9%€23k▼ 53.1%€135k▲ 480%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.67M
Fixed assets
€335k▼ 31.9%
Current assets
€7.33M▼ 16.0%
Equity and liabilities €7.67M
Equity
€1.92M▲ 7.5%
Debt
€5.74M▼ 22.7%
The debt ratio falls from 80.6% to 74.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€503k▼
2024 · €611k
Cash flow
€359k▲
2024 · €290k
Solvency
25.1%▲
2024 · 19.4%
Current ratio
1.33▲
2024 · 1.24
Quick ratio
1.02▲
2024 · 0.93
Debt / equity
2.99▼
2024 · 4.16
ROE
7.0%▲
2024 · 1.3%
ROA
1.8%▲
2024 · 0.3%
Interest coverage
5.72▲
2024 · 2.14
Debt
€5.74M▼
2024 · €7.43M
Debt ≤ 1 year
€5.52M▼
2024 · €7.05M
Debt > 1 year
€98k▼
2024 · €165k
Income taxes
€54k▲
2024 · €30k
Staff costs
€1.82M▼
2024 · €1.96M
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€9.22M€7.67M▼
Fixed assets21/28€492k€335k▼
Intangible fixed assets21€111k€19k▼
Tangible fixed assets22/27€345k€280k▼
Land and buildings22€21k€28k▲
Plant, machinery and equipment23€29k€24k▼
Furniture and vehicles24€22k€17k▼
Leasing and similar rights25€272k€212k▼
Financial fixed assets28€35k€35k=
Other financial fixed assets284/8€35k€35k=
Amounts receivable and cash guarantees285/8€35k€35k=
Current assets29/58€8.72M€7.33M▼
Stocks and contracts in progress3€2.18M€1.70M▼
Stocks30/36€2.18M€1.70M▼
Goods purchased for resale34€2.18M€1.70M▼
Amounts receivable within one year40/41€3.50M€2.80M▼
Trade receivables40€3.41M€2.76M▼
Other amounts receivable41€89k€38k▼
Cash at bank and in hand54/58€2.98M€2.68M▼
Deferred charges and accrued income490/1€66k€145k▲
Equity and liabilities
Total equity and liabilities10/49€9.22M€7.67M▼
Equity10/15€1.79M€1.92M▲
Contributions10/11€19k€19k=
Reserves13€191k€191k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€172k€172k=
Profit (loss) carried forward14€1.58M€1.71M▲
Amounts payable17/49€7.43M€5.74M▼
Amounts payable after more than one year17€165k€98k▼
Financial debts170/4€165k€98k▼
Leasing and similar obligations172€165k€98k▼
Amounts payable within one year42/48€7.05M€5.52M▼
Current portion of amounts payable after more than one year42€104k€111k▲
Financial debts43-€17k
Credit institutions430/8-€17k
Trade debts44€3.60M€2.76M▼
Suppliers440/4€3.60M€2.76M▼
Taxes, remuneration and social security45€498k€594k▲
Taxes450/3€61k€40k▼
Remuneration and social security454/9€437k€554k▲
Other amounts payable47/48€2.85M€2.04M▼
Accrued charges and deferred income492/3€216k€128k▼
Income statement
Code20242025
Operating income70/76A€22.68M€15.84M▼
Turnover70€22.37M€15.67M▼
Other operating income74€311k€177k▼
Operating charges60/66A€22.34M€15.56M▼
Goods for resale, raw materials and consumables60€18.25M€11.85M▼
Purchases600/8€18.19M€11.38M▼
Change in stocks: decrease (increase)609€54k€472k▲
Services and other goods61€1.84M€1.63M▼
Remuneration, social security and pensions62€1.96M€1.82M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€267k€224k▼
Other operating charges640/8€19k€33k▲
Operating profit (loss)9901€344k€279k▼
Financial income75/76B€328€1k▲
Recurring financial income75€328€1k▲
Income from current assets751-€881
Other financial income752/9€328€153▼
Financial charges65/66B€291k€91k▼
Recurring financial charges65€291k€91k▼
Debt charges650€286k€88k▼
Other financial charges652/9€5k€3k▼
Profit (loss) for the period before taxes9903€54k€189k▲
Income taxes67/77€30k€54k▲
Taxes670/3€30k€73k▲
Tax adjustments and reversals of tax provisions77-€19k
Profit (loss) for the period9904€23k€135k▲
Profit (loss) for the period to be appropriated9905€23k€135k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.58M€1.71M▲
Profit (loss) brought forward from the previous period14P€1.55M€1.58M▲
Social balance
Average headcount (FTE)908719.419.7▲
The notes to these accounts (60 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
10-09
State Gazette act
Resignations & appointmentsBoard meeting · Director appointment · General meeting29 facts ▸
State Gazette act
Resignations & appointments
Board meeting · Director appointment · General meeting29 facts ▸
- Board meeting, 2026-05-12
- Director appointment, Thibaut LEINEKUGEL LE COCQ (voorzitter van de raad van bestuur)
- General meeting, 2026-08-31
- Director reappointment, Stéphane JANSSENS (bestuurder)
- Mandate compensation, Stéphane JANSSENS
- Director reappointment, Jean-Marc PLUYMERS (bestuurder)
- Mandate compensation, Jean-Marc PLUYMERS
- Board composition, bestuurder, 2026-08-26
- Board composition, bestuurder, 2026-08-26
- Board composition, bestuurder, 2026-08-26
- Board composition, bestuurder, 2026-08-26
- Power of attorney, Stéphane JANSSENS (Gedelegeerd Bestuurder)
- +17 further facts in this act
03-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 34 days late
2025
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 58 days late
2024
31-12
Financial
Weakest financial yearnet €23k ▼53.1%
Net result drops to €23k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 353 days late
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €1MEq €1.35M ▲51.6%
2 profitable years in a row build equity to €1.35M.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26360442). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Antonio VALIENTE
CurrentBuyer · since 31-08-2026
Benny HUYBRECHT
CurrentSales engineer · since 31-08-2026
Christophe LAHAYE
CurrentBusiness unit manager · since 31-08-2026
Denis VAN DE WIELE
CurrentHr director · since 31-08-2026
Grégory FASSOTTE
CurrentPurchase director · since 31-08-2026
Guy CEULEMANS
CurrentTeam leader · since 31-08-2026
+ 12 not shown in this overview
31-08-2026
Antonio VALIENTE: Appointed as Buyer
31-08-2026
Benny HUYBRECHT: Appointed as Sales engineer
31-08-2026
Christophe LAHAYE: Appointed as Business unit manager
31-08-2026
Denis VAN DE WIELE: Appointed as Hr director
31-08-2026
Grégory FASSOTTE: Appointed as Purchase director
31-08-2026
Guy CEULEMANS: Appointed as Team leader
31-08-2026
Guy VLEMINCKX: Appointed as Sales engineer
31-08-2026
Jean-Marc PLUYMERS: Appointed as Finance & administration director
31-08-2026
Karel MARTENS: Appointed as Ict director
31-08-2026
Koen VERMETTEN: Appointed as Business unit manager
31-08-2026
Muriel VANNESTE: Appointed as Legal director
31-08-2026
Romain BOIS D'ENHIEN: Appointed as Project manager
31-08-2026
Stijn DEBLANCQ: Appointed as Sales engineer
31-08-2026
Tim VAN ASSCHE: Appointed as Project manager
31-08-2026
Tom DANIELS: Appointed as Buyer
31-08-2026
Yoann BRUN: Appointed as Fleet & logistics director
01-01-2025
Thibaut LEINEKUGEL LE COCQ: Appointed as Voorzitter van de raad van bestuur
Location & real-estate footprint
Registered office, Willebroek · 1 establishment unit since 2012
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.
Brownfieldlaan 152830 WillebroekGround area
1.8 ha
Building footprint
3,146 m²
Volume, LiDAR
40,814 m³
Parcel 12040A0530/00H007, Flanders · tallest building 27.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SOLUFAK
since 20122.210.554.675
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12040A0530/00H007 | Flanders | 1.8 ha | 1 · 3,146 m² | 27.2 m · 4 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.
Structure & network
Connections & network
18 connected companiesLinked via shared directors
viaStéphane JANSSENS · Director
→
viaJean-Marc PLUYMERS · Director
→
viaThibaut LEINEKUGEL LE COCQ · Président du conseil d'administration
→
viaStéphane JANSSENS · Director
→
Show 14 more companies with a shared director
viaJean-Marc PLUYMERS · Director
→
viaJean-Marc PLUYMERS · Finance & administration director
→
viaThibaut LEINEKUGEL LE COCQ · Director
→
viaStéphane JANSSENS · Managing director
→
viaJean-Marc PLUYMERS · Finance & administration director
→
viaThibaut LEINEKUGEL LE COCQ · Président du conseil d'administration
→
viaStéphane JANSSENS · Director
→
viaJean-Marc PLUYMERS · Director
→
viaThibaut LEINEKUGEL LE COCQ · Président du conseil d'administration
→
viaStéphane JANSSENS · Managing director
→
viaJean-Marc PLUYMERS · Director
→
viaThibaut LEINEKUGEL LE COCQ · Président du conseil d'administration et administrateur
former→
viaStéphane JANSSENS · Director
former→
viaThibaut LEINEKUGEL LE COCQ · Administrateur délégué et administrateur
former→
Recognitions · licences · registrations
Legal Entity Identifier
875500T7XW0RVNG2FE69
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Of 460 companies in sector 80090 we hold annual accounts for 258. 80 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-06-2012
Fiscal year end31-12
Activities, NACEBEL
46649Wholesale of other machinery and equipment
80090Investigation and security activities
80200Investigation and security activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.