SOLUN
SOLUN has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-285k) and a net result of €-72k. Equity is shrinking by ~27.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 15878 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
| Equity | €-285k |
| Net result | €-72k |
| Better than sector | 5% |
| Active | 34 yrs |
Mixed profile: strong on profitability, weaker on health.
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 | -293.7% | 39.5% | |
| Net result | €-72k | €5k | |
| Equity | €-285k | €56k | |
| Gross operating margin | €-65k | €26k | |
| Total assets | €97k | €175k |
Figures by fiscal year and ratios
| Fiscal year | 2024 Δ | 2023 Δ | 2022 Δ |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | -50.3% | -86.7% | - |
| Net profit | -59.1% | -41.6% | - |
| Cash flow | -48.5% | -88.5% | - |
| Staff costs | - | - | - |
| Income taxes | - | - | - |
| Dividends | - | - | - |
| Total assets | -44.7% | +175.9% | - |
| Equity | -34.0% | -27.2% | - |
| Debt | -1.6% | +68.1% | - |
| of which ≤ 1y | -1.6% | +68.1% | - |
| of which > 1y | - | - | - |
| Working capital | -55.3% | -29.8% | - |
| Employees (FTE) | - | - | - |
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 0.12 | 0.44 | 0.28 |
| Quick ratio | 0.12 | 0.22 | 0.14 |
| Working capital ratio | -347.2% | -123.7% | -263.1% |
| Solvency | -293.7% | -121.3% | -263.1% |
| Debt / equity | -1.34 | -1.82 | -1.38 |
| Long-term debt ratio | - | - | - |
| Interest coverage | -180.89 | -207.14 | -119.90 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | -74.5% | -25.9% | -50.5% |
| ROE | 25.4% | 21.4% | 19.2% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (21 line items)
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €97k | €176k | €64k |
| Fixed assets | 21/28 | €52k | €4k | - |
| Tangible fixed assets | 22/27 | €52k | €4k | - |
| Current assets | 29/58 | €45k | €171k | €64k |
| Stocks & contracts in progress | 3 | €833 | €86k | €31k |
| Amounts receivable within one year | 40/41 | €10k | €31k | - |
| Cash & bank | 54/58 | €34k | €315 | €33k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €97k | €176k | €64k |
| Equity | 10/15 | €-285k | €-213k | €-167k |
| Contributions / capital | 10/11 | €19k | €19k | €19k |
| Accumulated profits (losses) | 14 | €-304k | €-231k | €-186k |
| Amounts payable | 17/49 | €382k | €388k | €231k |
| Amounts payable within one year | 42/48 | €382k | €388k | €231k |
| Trade debts payable within one year | 44 | €42k | €64k | €8k |
| Income statement | ||||
| Gross operating margin | 9900 | €-65k | €-43k | €-22k |
| Operating result | 9901 | €-72k | €-45k | €-32k |
| Financial charges | 65 | €364 | €211 | €196 |
| Result before taxes | 9903 | €-72k | €-45k | €-32k |
| Income taxes | 67/77 | - | €580 | - |
| Net result for the period | 9904 | €-72k | €-45k | €-32k |
| Result to be appropriated | 9905 | €-72k | €-45k | €-32k |
| NACE primary | Wholesale of non-electrical household articles(46494) |
| Legal form | Private limited company(610) |
| Incorporation | 11-08-1992 |
| Status | Active |
| Postal code | 2540 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11021B0066/00S000 | Flanders | 4,338 m² | 1 · 381 m² | 8.9 m · 2 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
28-05-2026 General meeting · Officer resignation · Officer appointment · Permanent representative
- Filing: 2026-05-19 · REFERRO
- Publication: 2026-05-28 · REFERRO
- General meeting: 2026-03-31 · REFERRO
- Officer resignation: 2026-03-31 · Koenraad Looyens
- Officer resignation: 2026-03-31 · Bob Vercammen
- Officer appointment: 2026-03-31 · BV Solun
- Officer appointment: 2026-03-31 · BV Marmax Trees
- Permanent representative · Bob Vercammen
- Permanent representative · Koenraad Looyens
- Act object: ONTSLAG - BENOEMING BESTUURDERS
Technical details
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"quote": "Uit het verslag van de bijzondere algemene vergadering dd. 31 maart 2026 blijkt dat de vergadering met unanimiteit van stemmen heeft beslist om:",
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}| Legal nameNL | SOLUN |