Equity
€188,959 from €831,841 in 2024
Equity fell by 77% in 2 years.
SOLUMATIC
Lifetime
12 annual accounts with figures on one time axispeak €237,774 (2022)
€120,858▼ 23.8%
peak €175,016 (2022)
€50,438▼ 25.1%
peak €831,841 (2024)
€188,959▲ 15.6%
€659,292▼ 5.6%
Board1 name since 2020
1 directorJohan VERHUE
Documentsfilings and deeds
28-10-202695 days before the deadline
2026micro format
Gross margin from €158,553 to €120,858Result from €67,317 to €50,438Dividend €25,000Equity from €163,521 to €188,959
Key points
from the 2026 annual accountsChecked score
93
Excellent
Financially stronger than 42% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: 0.1%▲ +0.1 percentage points vs 02-2025highest value
04-2025: < 0.1%▼ -0.1 percentage points vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025lowest value
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Size: total assets €848,252
Figures for financial year 2026 (filed on 28-10-2026)
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Liquidity: current ratio 0.58, cash €322,769
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 24% of them on solvency, 40% on liquidity, 42% on profitability and 63% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,609 companies had the same profile as SOLUMATIC has now. Each dot stands for 7 companies, two years later.
96.8%
were still trading
2.1%
stopped another way
1.0%
went bankrupt
That fits the bankruptcy probability of SOLUMATIC itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,609 companies, not a prediction for SOLUMATIC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.58 (0.55 in 2025), below 1. Short-term debt is 77.6% and cash 38.1% of total assets. 77.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 393 sector peers (2026).
NBB · sector comparisonPosition among 393 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 28-10-2026, 95 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
95 days early
2025
26 days early
2024
28 days late
2023
1 day early
2022
1 day early
2021
3 days early
2020
26 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-06-2027 and is due by 31-01-2028. Nothing is late today. The company usually files around 30 January (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today30-06-2027 year end31-01-2028 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0554970652
Appointment: Johan VERHUE (director)
General meeting of 27-12-2023 · Gazette deed
First establishment
Pestelstraat 4, Bruges
Incorporation
published on 11-07-2014 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SOLUMATIC Bruges | €848,252 | €120,858 | 22.3% | - |
| LODE DECLERCK Roeselare | €965,593 | €121,054 | 7.2% | - |
| OCTARINE Turnhout | €932,959 | €117,054 | 20.0% | - |
| ELYS IMMO Etalle | €751,636 | €125,490 | 9.4% | - |
| Whiteforge Etterbeek | €900,949 | €108,301 | 92.5% | - |
| CREATIVE GEOSENSING Yvoir | €777,004 | €143,184 | 53.8% | - |
| ATLAS Neuroengineering Leuven | €897,749 | €115,470 | 67.2% | - |
These companies have the same main activity as SOLUMATIC: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €752,000 and €966,000, founded between 2012 and 2015.
Official details
Source: KBO- Status
- Active since 23-06-2014Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 1 other
- Establishment unit
- 2.233.037.1968200 Bruges, since 18-07-2014
- Financial year end
- 30 June
- Peppol
- Reachable since 11-05-2025
Annual accounts to 30-06-2026
- ≈ €240,000estimated
- €848,252▼ 1.6%
- Filing
- Filed on 28-10-2026, 95 days before the end of the filing period
Insights on SOLUMATIC
SOLUMATIC files the micro format. That format states no turnover. The gross margin rose from €102,532 in 2015 to €120,858 in 2026.
The balance sheet grew most from 2016 to 2018 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SOLUMATIC
- What is the company number of SOLUMATIC?
- The company number of SOLUMATIC is 0554.970.652. The VAT number is the same number with BE in front: BE 0554.970.652.
- Where is SOLUMATIC based?
- The registered office is at Pestelstraat 4, 8200 Bruges.Company details
- What does SOLUMATIC do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of SOLUMATIC?
- SOLUMATIC is a private limited company (BV).
- When was SOLUMATIC founded?
- SOLUMATIC was founded on 23-06-2014.
- Is SOLUMATIC still active?
- Yes, SOLUMATIC is an active enterprise in the KBO register.
- What is the turnover of SOLUMATIC?
- The turnover in financial year 2026 is ≈ €240,000. This figure is estimated from the gross margin of €120,858 and 36 comparable companies (NACE 711). It probably lies between €190,000 and €310,000.Financials
- Is SOLUMATIC profitable?
- In financial year 2026, SOLUMATIC made a profit of €50,438.
- Where can I find the annual accounts of SOLUMATIC?
- SOLUMATIC filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of SOLUMATIC due?
- SOLUMATIC must file the annual accounts for financial year 2027 by 31-01-2028.Timeline
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