SOLUT
ActiveSummary
SOLUT has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €142,374 and a net result of €39,176. Equity is shrinking by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 60% of 31942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability91▼-9
Solvency91▲+24
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 2.54 against 1.44 in 2024; short-term debt: 33.9% and cash: 75% of total assets), and 33.9% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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
66.1%
Return on assets
18.2%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €142,374
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
14 d late
2023
1 d early
2022
21 d early
2021
41 d early
2020
25 d late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 4 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 29 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€142,374▲ 38.0%
2024 · €103,198
Total assets
€215,539▼ 11.9%
2024 · €244,565
Net result
€39,176▼ 38.8%
2024 · €64,022
Working capital
€113,005▲ 81.5%
2024 · €62,252
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€2,902€70,317▲ 2,323%-€66,555€77,471€60,671▼ 21.7%
Net result€1,934below the sector's middle half€31,260within the sector's middle half▲ 1,516%-€65,870below the sector's middle half€64,022within the sector's middle half€39,176within the sector's middle half▼ 38.8%
Equity€221,809within the sector's middle half▲ 0.9%€253,070above the sector's middle half▲ 14.1%€89,176within the sector's middle half▼ 64.8%€103,198within the sector's middle half▲ 15.7%€142,374within the sector's middle half▲ 38.0%
Total assets€324,378within the sector's middle half▲ 2.4%€438,524within the sector's middle half▲ 35.2%€201,283within the sector's middle half▼ 54.1%€244,565within the sector's middle half▲ 21.5%€215,539within the sector's middle half▼ 11.9%
Debt€102,569▲ 5.8%€185,454▲ 80.8%€112,108▼ 39.5%€141,367▲ 26.1%€73,165▼ 48.2%
Working capital€194,488above the sector's middle half▼ 7.5%€195,352above the sector's middle half▲ 0.4%€34,220within the sector's middle half▼ 82.5%€62,252within the sector's middle half▲ 81.9%€113,005within the sector's middle half▲ 81.5%
Solvency68.4%within the sector's middle half▼ 1.0pp57.7%within the sector's middle half▼ 10.7pp44.3%within the sector's middle half▼ 13.4pp42.2%within the sector's middle half▼ 2.1pp66.1%within the sector's middle half▲ 23.9pp
Current ratio3.05within the sector's middle half▼ 0.302.12within the sector's middle half▼ 0.931.31within the sector's middle half▼ 0.821.44within the sector's middle half▲ 0.142.54within the sector's middle half▲ 1.10
Return on assets (ROA)0.6%below the sector's middle half▲ 24.4pp7.1%within the sector's middle half▲ 6.5pp-32.7%below the sector's middle half▼ 39.9pp26.2%within the sector's middle half▲ 58.9pp18.2%within the sector's middle half▼ 8.0pp
Staff (FTE)3.4▼ 20.9%4▲ 17.6%1▼ 75.0%
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 22% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €215,539
Fixed assets
€29,369 ▼ 28.3%
Current assets
€186,170 ▼ 8.6%
Equity and liabilities €215,539
Equity
€142,374 ▲ 38.0%
Debt
€73,165 ▼ 48.2%
Debt's share of the balance-sheet total falls from 57.8% to 33.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€73,648▼
2024 · €90,333
Cash flow
€52,153▼
2024 · €76,884
Debt to equity
0.51▼
2024 · 1.37
ROE
27.5%▼
2024 · 62.0%
Interest coverage
17.43▼
2024 · 23.22
Debt ≤ 1 year
€73,165▼
2024 · €141,367
Income taxes
€20,075▲
2024 · €11,087
Staff costs
€250▼
2024 · €1,512
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.8%
stopped otherwise
95%
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 0.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 34,679 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1,871 | €3,852 | - | - |
| Remuneration, social security and pensions62 | €67,978 | €192,785 | €68,943 | €1,512 | €250 | ▼ 83.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,093 | €15,538 | €14,620 | €12,862 | €12,977 | ▲ 0.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €750 | - | - |
| Other operating charges640/8 | €6,498 | €8,071 | €2,369 | €1,960 | €1,444 | ▼ 26.3% |
| Gross operating margin9900 | €83,471 | €286,711 | €19,376 | €94,554 | €75,342 | ▼ 20.3% |
| Operating profit (loss)9901 | €2,902 | €70,317 | -€66,555 | €77,471 | €60,671 | ▼ 21.7% |
| Financial income75/76B | €1,266 | €97 | €837 | €1,529 | €2,804 | ▲ 83.4% |
| Recurring financial income75 | €1,266 | €97 | €837 | €1,529 | €2,804 | ▲ 83.4% |
| Financial charges65/66B | €1,198 | €4,020 | €3,053 | €3,891 | €4,225 | ▲ 8.6% |
| Recurring financial charges65 | €1,198 | €4,020 | €3,053 | €3,891 | €4,225 | ▲ 8.6% |
| Profit (loss) for the period before taxes9903 | €2,970 | €66,394 | -€68,772 | €75,109 | €59,251 | ▼ 21.1% |
| Income taxes67/77 | €1,036 | €35,134 | -€2,902 | €11,087 | €20,075 | ▲ 81.1% |
| Profit (loss) for the period9904 | €1,934 | €31,260 | -€65,870 | €64,022 | €39,176 | ▼ 38.8% |
| Transfer from tax-exempt reserves789 | €0 | €18,750 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €1,934 | €50,010 | -€65,870 | €64,022 | €39,176 | ▼ 38.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €324,378 | €438,524 | €201,283 | €244,565 | €215,539 | ▼ 11.9% |
| Fixed assets21/28 | €35,247 | €69,362 | €54,956 | €40,946 | €29,369 | ▼ 28.3% |
| Tangible fixed assets22/27 | €34,884 | €69,362 | €54,956 | €40,946 | €29,369 | ▼ 28.3% |
| Land and buildings22 | €1,590 | €1,325 | €1,060 | €795 | €530 | ▼ 33.3% |
| Plant, machinery and equipment23 | - | - | €2,457 | €1,962 | €1,467 | ▼ 25.2% |
| Furniture and vehicles24 | €16,205 | €40,846 | €27,400 | €17,303 | €9,639 | ▼ 44.3% |
| Other tangible fixed assets26 | €17,089 | €27,191 | €24,038 | €20,885 | €17,732 | ▼ 15.1% |
| Financial fixed assets28 | €363 | €0 | - | - | - | - |
| Current assets29/58 | €289,132 | €369,162 | €146,328 | €203,619 | €186,170 | ▼ 8.6% |
| Amounts receivable within one year40/41 | €185,433 | €122,315 | €125,941 | €76,500 | €23,328 | ▼ 69.5% |
| Trade receivables40 | €85,433 | €122,146 | €106,157 | €56,716 | €23,328 | ▼ 58.9% |
| Other amounts receivable41 | €100,000 | €169 | €19,784 | €19,784 | - | - |
| Cash at bank and in hand54/58 | €99,193 | €239,903 | €14,484 | €123,284 | €161,567 | ▲ 31.1% |
| Deferred charges and accrued income490/1 | €4,506 | €6,943 | €5,902 | €3,835 | €1,275 | ▼ 66.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €324,378 | €438,524 | €201,283 | €244,565 | €215,539 | ▼ 11.9% |
| Equity10/15 | €221,809 | €253,070 | €89,176 | €103,198 | €142,374 | ▲ 38.0% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €168,634 | €199,884 | €101,860 | €84,598 | €123,774 | ▲ 46.3% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Tax-exempt reserves132 | €18,750 | €0 | - | - | - | - |
| Distributable reserves133 | €148,024 | €198,024 | €101,860 | €84,598 | €123,774 | ▲ 46.3% |
| Profit (loss) carried forward14 | €34,575 | €34,586 | -€31,284 | - | - | - |
| Amounts payable17/49 | €102,569 | €185,454 | €112,108 | €141,367 | €73,165 | ▼ 48.2% |
| Amounts payable after more than one year17 | - | €1,396 | - | - | - | - |
| Financial debts170/4 | - | €1,396 | - | - | - | - |
| Amounts payable within one year42/48 | €94,644 | €173,809 | €112,108 | €141,367 | €73,165 | ▼ 48.2% |
| Current portion of amounts payable after more than one year42 | - | €16,608 | €36,396 | - | - | - |
| Financial debts43 | €12,179 | €951 | - | - | - | - |
| Credit institutions430/8 | €12,179 | €951 | - | - | - | - |
| Trade debts44 | €27,925 | €55,859 | €46,604 | €37,951 | €15,600 | ▼ 58.9% |
| Suppliers440/4 | €27,925 | €55,859 | €46,604 | €37,951 | €15,600 | ▼ 58.9% |
| Advances received on contracts in progress46 | €922 | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | €39,728 | €77,513 | €11,217 | €29,004 | €21,943 | ▼ 24.3% |
| Taxes450/3 | €33,077 | €54,612 | €11,217 | €29,004 | €21,943 | ▼ 24.3% |
| Remuneration and social security454/9 | €6,652 | €22,901 | - | - | - | - |
| Other amounts payable47/48 | €13,890 | €22,878 | €17,891 | €74,413 | €35,622 | ▼ 52.1% |
| Accrued charges and deferred income492/3 | €7,925 | €10,249 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,934 | €31,260 | -€65,870 | €64,022 | €39,176 | ▼ 38.8% |
| + Depreciation and write-downs630 | €6,093 | €15,538 | €14,620 | €12,862 | €12,977 | ▲ 0.9% |
| Operating cash flow (approximation) | €8,027 | €46,799 | -€51,250 | €76,884 | €52,153 | ▼ 32.2% |
| Investment in fixed assets (approximation) | - | -€49,654 | -€214 | €1,148 | -€1,400 | ▼ 222% |
| Change in cash | - | €140,711 | -€225,419 | €108,801 | €38,282 | ▼ 64.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
31-12
Financial
Back to profitnet €64,022
Net result €64,022 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €103,198 ▲15.7%
Equity rises from €89,176 to €103,198.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €1,934
Net result €1,934 after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial
Weakest financial yearnet -€75,365
Net result drops to -€75,365, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Truiden · 1 establishment unit since 2007
Ground area
1,931 m²
Building footprint
309 m²
Volume, LiDAR
2,215 m³
Parcel 71353E0377/00G002, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SOLUT
since 20072.167.745.013
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71353E0377/00G002 | Flanders | 1,931 m² | 1 · 309 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 5 entries · 8,345 EUR awarded · 8,311 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 491 EUR | 457 EUR |
| 2023 | 2 | 4,093 EUR | 4,093 EUR |
| 2022 | 2 | 3,761 EUR | 3,761 EUR |
Recognitions · licences · registrations
Quality registration as a provider
1 live approvalQuality registration as a provider
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BE 1007.954.219
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BE 1012.958.825
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 40,897 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-12-2007
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0894441948
Registered
21-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.