Solustone
ActiveSummary
Solustone has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62,625 and a net result of €24,869. Its solvency ranks better than 51% of 39,218 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €62,625
- Profit
- €24,869
Why 91raises riskFounded in 2023lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €109,637Figures for financial year 2025 (filed 26-03-2026)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 70, micro): better than 52% on solvency, 23% on liquidity, 66% on profitability and 84% on growth.
The bankruptcy probability was computed on 30-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 81 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- IncorporationAppointment: Emiel Steen (director) ·…
Financials · financial year 2025, micro format
2024 to 2025, 2 financial years
The operating result falls in 2025; 2025 is 27% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
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 39,278 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €167 | - |
| Other operating charges640/8 | €62 | €318 | ▲ 412% |
| Gross operating margin9900 | €47,625 | €35,429 | ▼ 25.6% |
| Operating profit (loss)9901 | €47,563 | €34,943 | ▼ 26.5% |
| Financial income75/76B | €0 | - | - |
| Recurring financial income75 | €0 | - | - |
| Financial charges65/66B | €30 | €2,007 | ▲ 67× |
| Recurring financial charges65 | €30 | €2,007 | ▲ 67× |
| Profit (loss) for the period before taxes9903 | €47,533 | €32,937 | ▼ 30.7% |
| Income taxes67/77 | €10,777 | €8,067 | ▼ 25.1% |
| Profit (loss) for the period9904 | €36,756 | €24,869 | ▼ 32.3% |
| Profit (loss) for the period to be appropriated9905 | €36,756 | €24,869 | ▼ 32.3% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €89,539 | €109,637 | ▲ 22.4% |
| Fixed assets21/28 | - | €1,023 | - |
| Tangible fixed assets22/27 | - | €1,023 | - |
| Plant, machinery and equipment23 | - | €1,023 | - |
| Current assets29/58 | €89,539 | €108,614 | ▲ 21.3% |
| Amounts receivable within one year40/41 | €50,036 | €95,099 | ▲ 90.1% |
| Trade receivables40 | €50,036 | €45,099 | ▼ 9.9% |
| Other amounts receivable41 | - | €50,000 | - |
| Cash at bank and in hand54/58 | €38,418 | €12,312 | ▼ 68.0% |
| Deferred charges and accrued income490/1 | €1,085 | €1,204 | ▲ 11.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €89,539 | €109,637 | ▲ 22.4% |
| Equity10/15 | €37,756 | €62,625 | ▲ 65.9% |
| Contributions10/11 | €1,000 | €1,000 | = |
| Reserves13 | €36,756 | €61,625 | ▲ 67.7% |
| Distributable reserves133 | €36,756 | €61,625 | ▲ 67.7% |
| Amounts payable17/49 | €51,783 | €47,012 | ▼ 9.2% |
| Amounts payable within one year42/48 | €51,253 | €47,012 | ▼ 8.3% |
| Trade debts44 | €1,069 | €929 | ▼ 13.2% |
| Suppliers440/4 | €1,069 | €929 | ▼ 13.2% |
| Taxes, remuneration and social security45 | €15,966 | €25,141 | ▲ 57.5% |
| Taxes450/3 | €14,823 | €23,999 | ▲ 61.9% |
| Remuneration and social security454/9 | €1,142 | €1,142 | = |
| Other amounts payable47/48 | €34,218 | €20,943 | ▼ 38.8% |
| Accrued charges and deferred income492/3 | €530 | - | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €36,756 | €24,869 | ▼ 32.3% |
| + Depreciation and write-downs630 | - | €167 | - |
| Operating cash flow (approximation) | €36,756 | €25,037 | ▼ 31.9% |
| Change in cash | - | -€26,107 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 24-03-2026 | 2026-00062177 |
| 31-12-2024 | micro format | 29-06-2025 | 2025-00211466 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Emiel Steen |
|
Owners and capital
Capital and shareholders
- Emiel Steen 50 shares (100%) · €1,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 19-09-2023 Incorporation · €1,000 · 50 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
19-09
Gazette deed
IncorporationAppointment: Emiel Steen (director) · Founder · Founding capital10 facts ▸
- Incorporation, “Solustone” (deed in Dutch)
- Founder, Emiel Steen
- Founding capital, €1,000
- Bank account, “bijzondere rekening op naam van vennootschap in oprichting” (deed in Dutch)
- Other provision, “website en e-mailadres, Niet van toepassing” (deed in Dutch)
- Board rule, 1, “thans bepaald op één” (deed in Dutch)
- Director appointment, Emiel Steen (director (not named in the articles))
- Other provision, 01-10-2023
- Power of attorney, Dirk Hendrickx
- Other provision, “UBO-register waarschuwing, zelf instaan voor creatie en verdere opvolging inclusief jaarlijkse (her)bevestiging” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31042A0704/00C002 | Flanders | 271 m² | 1 · 94 m² | 9.4 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het verlenen van advies en management alsook het uitvoeren van alle studies en onderzoek,het verrichten van…” (deed in Dutch)
22 activities (deed in Dutch)
- Het verlenen van advies en management alsook het uitvoeren van alle studies en onderzoek,het verrichten van marktonderzoek,promotie,raadgeving,prospectie,marketing,engineering en consulting;technisch,organisatorisch,commercieel,administratief,financieel,fiscaal en juridisch beheer en advies
- Alle activiteiten van makelaardij,in het bijzonder als verzekeringsmakelaar vastgoedmakelaar en kredietmakelaar
- Het verlenen van dienstprestaties van economische aard,zowel in eigen beheer als in deelname met derden,daarin begrepen alle commissie- en makelaarsactiviteiten,activiteiten van tussenpersoon,makelaar of agent,het organiseren van commerciële manifestaties,handelsbeurzen en andere,het uitoefenen van consultancy activiteiten
- De publiciteit,reclame,marketing en algemene communicatie onder alle vormen en het uitvoeren van alle werken die voor de verwezenlijking van publiciteit,reclame,marketing en algemene communicatie noodzakelijk zijn zonder enige beperking
- Het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien en brevetten,know-how en aanverwante immateriële duurzame activa
- Het onderzoek,de ontwikkeling,de vervaardiging of commercialisering van nieuwe producten,nieuwe technologieën en hun toepassingen
- Het verlenen van concessies als geïntegreerd onderdeel van globale dienstverlening aan derden met aanbieding van een totaalpakket aan diensten
- Het organiseren van vorming,van seminaries en aanverwante sessies in de brede zin van het woord
- Het bevorderen van de oprichting van vennootschappen door inbreng,participaties investering
- Het waarnemen van bestuurdersopdrachten in andere vennootschappen
- De aan en verkoop zowel in het binnen- als buitenland en het huren en verhuren van rollend materieel
- De aankoop,verkoop,restauratie en renovatie van gebouwen,het oprichten van woningen en gebouwen in de ruimste zin van het woord.Het aankopen,verkopen en verhuren van deze woningen en gebouwen.
- Overige werkzaamheden in verband met de afwerking van de gebouwen.
- Activiteiten van gespecialiseerde bouwwerkzaamheden,zowel indoor als outdoor
- Diensten in verband met gebouwen en landschapsverzorging
- Het organiseren en plannen van transportopdrachten en dit wereldwijd.De volledige logistieke keten bepalen bij in- en uitvoer bij alle vormen van transport,zoals daar zijn baantransport,zee-en luchtvracht.In de ruimere zin betekent dit ook het regelen van magazijn behandelingen,stockage,douaneformaliteiten,verzekeren van de te versturen goederen.
- De installatie van verwarming,klimaatregeling en ventilatie
- Loodgieterswerk
- Elektrotechnische installatiewerken aan gebouwen
- Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren,onder om het even welke vorm,in dit kader kan zij zich ook borg stellen of haar aval verlenen
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de aan-en verkoop,de bouw,de verbouwing,de huur en verhuur.In het algemeen alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer van onroerende goederen of onroerende zakelijke rechten
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen;alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals de aan-en verkoop,de huur en verhuur en ruil.In het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Molenwal 12,8377 Zuienkerke” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, met of zonder beperking” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 20:00