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SOLUS

Active
Private limited companyfounded 2024active for 1 yearGroendreef 37, 9880 Aalter, BelgiumKBO/BCE: BE 1017.176.345
Summary

SOLUS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of -€17,162. The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, abbreviated format

Equity
€1.4m
Total assets
€3.6m
Net result
-€17,162
Working capital
Not included in this filing

Turnover and EBIT margin not published: the abbreviated format does not require them.

Balance-sheet composition
Equity and liabilities €3.6m
Equity €1.4m
Debt €2.2m
Debt finances 60.7% of the balance-sheet total.
Key figures and ratios
2025 value
Debt to equity
1.55
ROE
-1.2%
ROA
-0.5%
Debt > 1 year
€2.2m

Peer companies

Historical observation

Of the 12,804 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 94.0% are still going.

  • Small
  • solvency 30% or more
  • a small loss
  • without age
0.6% went bankrupt
5.1% stopped otherwise
94.0% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,804 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 22 lines
Balance sheet Code2025
Assets
Total assets20/58€3.6m
Current assets29/58€3.6m
Stocks and contracts in progress3€3.6m
Stocks30/36€3.6m
Cash at bank and in hand54/58€0.01m
Equity and liabilities
Total equity and liabilities10/49€3.6m
Equity10/15€1.4m
Contributions10/11€1.5m
Profit (loss) carried forward14-€0.02m
Amounts payable17/49€2.2m
Amounts payable after more than one year17€2.2m
Other amounts payable178/9€2.2m
Accrued charges and deferred income492/3€0.004m
Income statement Code2025
Other operating charges640/8€1
Gross operating margin9900-€0.01m
Operating profit (loss)9901-€0.01m
Financial charges65/66B€0.005m
Recurring financial charges65€0.005m
Profit (loss) for the period before taxes9903-€0.02m
Profit (loss) for the period9904-€0.02m
Profit (loss) for the period to be appropriated9905-€0.02m
Appropriation of the result
Profit (loss) to be appropriated9906-€0.02m

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€1
Gross operating margin9900-€12,575
Operating profit (loss)9901-€12,576
Financial charges65/66B€4,585
Recurring financial charges65€4,585
Profit (loss) for the period before taxes9903-€17,162
Profit (loss) for the period9904-€17,162
Profit (loss) for the period to be appropriated9905-€17,162
Line2025
Assets
Total assets20/58€3.6m
Current assets29/58€3.6m
Stocks and contracts in progress3€3.6m
Stocks30/36€3.6m
Cash at bank and in hand54/58€0.01m
Equity and liabilities
Total equity and liabilities10/49€3.6m
Equity10/15€1.4m
Contributions10/11€1.5m
Profit (loss) carried forward14-€0.02m
Amounts payable17/49€2.2m
Amounts payable after more than one year17€2.2m
Other amounts payable178/9€2.2m
Accrued charges and deferred income492/3€0.004m
Line2025
Profit (loss) for the period9904-€17,162
Operating cash flow (approximation)-€17,162

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 09-06-2026 2026-00151327

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.