SOLUTECH
ActiveSummary
SOLUTECH has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €207,619 and a net result of €2,919. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 36% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability30▼-6
Solvency67▼-5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity ample (current ratio 1.75 against 1.97 in 2023; short-term debt: 47.6% and cash: 4.7% of total assets), but 57.6% of the assets are financed with debt.
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Signals
Three 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
30 d late
2022
31 d late
2021
32 d early
2020
10 d early
2019
38 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 2 days after 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 (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€207,619▲ 0.5%
2023 · €206,500
Total assets
€489,235▲ 10.3%
2023 · €443,650
Net result
€2,919▼ 84.6%
2023 · €19,019
Working capital
€174,519▲ 4.0%
2023 · €167,826
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
Line20202021202220232024
Operating result€25,877▲ 51.5%€33,710▲ 30.3%€66,856▲ 98.3%€96,630▲ 44.5%€69,259▼ 28.3%
Net result€17,825within the sector's middle half▲ 55.1%-€18,366below the sector's middle half€4,040within the sector's middle half€19,019within the sector's middle half▲ 371%€2,919within the sector's middle half▼ 84.6%
Equity€206,707within the sector's middle half▲ 8.5%€186,741within the sector's middle half▼ 9.7%€189,181within the sector's middle half▲ 1.3%€206,500within the sector's middle half▲ 9.2%€207,619within the sector's middle half▲ 0.5%
Total assets€266,671within the sector's middle half▲ 2.3%€242,630within the sector's middle half▼ 9.0%€286,242within the sector's middle half▲ 18.0%€443,650within the sector's middle half▲ 55.0%€489,235above the sector's middle half▲ 10.3%
Debt€59,965▼ 14.6%€55,889▼ 6.8%€97,061▲ 73.7%€237,150▲ 144%€281,615▲ 18.7%
Working capital€165,059▲ 25.9%€167,290▲ 1.4%€175,197▲ 4.7%€167,826▼ 4.2%€174,519▲ 4.0%
Solvency77.5%above the sector's middle half▲ 4.5pp77.0%within the sector's middle half▼ 0.5pp66.1%within the sector's middle half▼ 10.9pp46.5%within the sector's middle half▼ 19.5pp42.4%within the sector's middle half▼ 4.1pp
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 2024; 2024 is 28% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €489,235
Fixed assets
€81,672 ▼ 20.1%
Current assets
€407,563 ▲ 19.4%
Equity and liabilities €489,235
Equity
€207,619 ▲ 0.5%
Debt
€281,615 ▲ 18.7%
Debt's share of the balance-sheet total rises from 53.5% to 57.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€89,767▼
2023 · €106,188
Cash flow
€23,428▼
2023 · €28,576
Current ratio
1.75▼
2023 · 1.97
Debt to equity
1.36▲
2023 · 1.15
ROE
1.4%▼
2023 · 9.2%
ROA
0.6%▼
2023 · 4.3%
Interest coverage
1.27▼
2023 · 1.46
Debt ≤ 1 year
€233,044▲
2023 · €173,644
Debt > 1 year
€48,571▼
2023 · €63,506
Income taxes
€1,501▼
2023 · €4,883
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,040 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.3%
went bankrupt
3.6%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,058 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% | 1.6% |
| 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 74% 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 6,040 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €2,808 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29,396 | €29,396 | €7,262 | €9,557 | €20,508 | ▲ 115% |
| Other operating charges640/8 | - | €1,443 | €1,307 | €1,364 | €1,363 | ▼ 0.1% |
| Gross operating margin9900 | €56,518 | €64,549 | €78,234 | €107,552 | €91,130 | ▼ 15.3% |
| Operating profit (loss)9901 | €25,877 | €33,710 | €66,856 | €96,630 | €69,259 | ▼ 28.3% |
| Financial income75/76B | - | - | - | €36 | €5,760 | ▲ 15,711% |
| Recurring financial income75 | - | - | - | €36 | €5,760 | ▲ 15,711% |
| Financial charges65/66B | - | €51,893 | €62,626 | €72,765 | €70,598 | ▼ 3.0% |
| Recurring financial charges65 | €1,580 | €51,893 | €62,626 | €72,765 | €70,598 | ▼ 3.0% |
| Profit (loss) for the period before taxes9903 | €24,297 | -€18,183 | €4,230 | €23,902 | €4,421 | ▼ 81.5% |
| Income taxes67/77 | €6,472 | €182 | €190 | €4,883 | €1,501 | ▼ 69.3% |
| Profit (loss) for the period9904 | €17,825 | -€18,366 | €4,040 | €19,019 | €2,919 | ▼ 84.6% |
| Profit (loss) for the period to be appropriated9905 | €17,825 | -€18,366 | €4,040 | €19,019 | €2,919 | ▼ 84.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €266,671 | €242,630 | €286,242 | €443,650 | €489,235 | ▲ 10.3% |
| Fixed assets21/28 | €50,656 | €21,260 | €13,998 | €102,180 | €81,672 | ▼ 20.1% |
| Tangible fixed assets22/27 | €50,656 | €21,260 | €13,998 | €102,180 | €81,672 | ▼ 20.1% |
| Land and buildings22 | - | €8,657 | €7,697 | €6,736 | €5,776 | ▼ 14.3% |
| Furniture and vehicles24 | - | €12,602 | €6,301 | €95,444 | €75,896 | ▼ 20.5% |
| Current assets29/58 | €216,016 | €221,370 | €272,244 | €341,470 | €407,563 | ▲ 19.4% |
| Amounts receivable within one year40/41 | - | €11,821 | €30,080 | €100,151 | - | - |
| Trade receivables40 | - | €2,004 | €262 | €151 | - | - |
| Other amounts receivable41 | - | €9,818 | €29,818 | €100,000 | - | - |
| Current investments50/53 | €65,000 | €35,000 | €140,000 | €70,000 | €380,000 | ▲ 443% |
| Cash at bank and in hand54/58 | €150,252 | €173,226 | €102,164 | €171,319 | €23,065 | ▼ 86.5% |
| Deferred charges and accrued income490/1 | - | €1,323 | - | - | €4,497 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €266,671 | €242,630 | €286,242 | €443,650 | €489,235 | ▲ 10.3% |
| Equity10/15 | €206,707 | €186,741 | €189,181 | €206,500 | €207,619 | ▲ 0.5% |
| Contributions10/11 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €194,307 | €174,341 | €176,781 | €194,100 | €195,219 | ▲ 0.6% |
| Non-distributable reserves130/1 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | - | - | - | - |
| Tax-exempt reserves132 | - | €23,606 | €23,606 | €23,606 | €23,606 | = |
| Distributable reserves133 | - | €148,874 | €153,174 | €170,493 | €171,613 | ▲ 0.7% |
| Amounts payable17/49 | €59,965 | €55,889 | €97,061 | €237,150 | €281,615 | ▲ 18.7% |
| Amounts payable after more than one year17 | €9,008 | €1,809 | - | €63,506 | €48,571 | ▼ 23.5% |
| Financial debts170/4 | - | €1,809 | - | €63,506 | €48,571 | ▼ 23.5% |
| Amounts payable within one year42/48 | €50,956 | €54,080 | €97,047 | €173,644 | €233,044 | ▲ 34.2% |
| Current portion of amounts payable after more than one year42 | - | €7,200 | €1,809 | €14,348 | €14,935 | ▲ 4.1% |
| Trade debts44 | €392 | €2,367 | €431 | - | - | - |
| Suppliers440/4 | - | €2,367 | €431 | - | - | - |
| Taxes, remuneration and social security45 | - | €8,528 | €9,592 | €11,191 | €15,245 | ▲ 36.2% |
| Taxes450/3 | - | €8,528 | €9,592 | €11,191 | €15,245 | ▲ 36.2% |
| Other amounts payable47/48 | - | €35,986 | €85,215 | €148,105 | €202,863 | ▲ 37.0% |
| Accrued charges and deferred income492/3 | - | - | €14 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,825 | -€18,366 | €4,040 | €19,019 | €2,919 | ▼ 84.6% |
| + Depreciation and write-downs630 | €29,396 | €29,396 | €7,262 | €9,557 | €20,508 | ▲ 115% |
| Operating cash flow (approximation) | €47,221 | €11,030 | €11,302 | €28,576 | €23,428 | ▼ 18.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€97,739 | €0 | ▲ 100% |
| Change in cash | - | €22,974 | -€71,062 | €69,155 | -€148,254 | ▼ 314% |
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
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €19,019 ▲371%
Operating result €96,630, net result €19,019, both a record.
31-12
Financial
Equity above €200,000Eq €206,500 ▲9.2%
2 profitable years in a row build equity to €206,500.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €4,040
Net result €4,040 after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€18,366
Net result drops to -€18,366, the lowest in the series; recovery starts the following year.
21-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200,000Eq €206,707 ▲8.5%
3 profitable years in a row build equity to €206,707.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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, Bilzen-Hoeselt · 1 establishment unit since 2007
Ground area
1,098 m²
Building footprint
251 m²
Volume, LiDAR
999 m³
Parcel 73068B0515/00C000, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SoluTech
since 20072.159.935.028
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73068B0515/00C000 | Flanders | 1,098 m² | 1 · 251 m² | 6.3 m · 1 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.
Recognitions · licences · registrations
Legal Entity Identifier
254900AFS5JY7EA8SO60
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 39,758 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
Founded31-01-2007
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0886939096
Also
9925:BE0886939096
Registered
23-02-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.