Solutech Engineering
ActiveSummary
The computed 12-month bankruptcy probability of Solutech Engineering is 1.7% (moderate). The 2025 annual accounts show equity of €60,403 and a net result of -€17,196. Equity has been growing by about 9.1% per year since 2023. Its solvency ranks better than 24% of 1,257 sector peers (NACE 42, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 24-12-2021 Normal situation
- Activity
- Construction of utility projects for electricity and telecommunications NACE 42220and 2 others
- Establishment unit
- 2.325.565.397 2430 Laakdal, since 24-12-2021
- Financial year end
- 30 September
- Peppol
- Reachable since 09-07-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.7%
- Gross margin
- €8,877
- ▼ 89.8%
- Turnover
- ≈ €68,000
- estimated
- Loss
- €17,196
- Equity
- €60,403
- ▼ 22.2%
- Total assets
- €274,792
- ▲ 17.7%
- Staff
- ≈ 0 FTE
- estimated
Score breakdownraises riskFounded in 2021Liquidity: current ratio 0.77, cash €1,311, halvedlowers riskSize: total assets €274,792Figures for financial year 2025 (filed on 27-04-2026)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 42, micro). It does better than 24% of them on solvency, 27% on liquidity, 14% on profitability and 19% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 12 days before the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 27-04-2026 PDF all 3 filings
Every figure per financial year
The operating result for 2025 is a loss of €7,742, after a profit of €43,482 in 2024. It is the lowest result since 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|
| Tangible fixed assets | €57,821 | €154,055 | €18,455 |
| Financial fixed assets | - | €41,824 | - |
| Depreciation and write-downs of the year | €18,335 | €27,074 | €13,674 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 to 2024 · 2 entries · €650 awarded · €650 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €393 | €393 |
| 2023 | 1 | €257 | €257 |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €895 | - |
| Remuneration, social security and pensions62 | €331 | €135 | €77 | ▼ 43.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,335 | €27,074 | €13,674 | ▼ 49.5% |
| Other operating charges640/8 | €1,543 | €15,923 | €924 | ▼ 94.2% |
| Non-recurring operating charges66A | €13,700 | - | €1,945 | - |
| Gross operating margin9900 | €118,887 | €86,615 | €8,877 | ▼ 89.8% |
| Operating profit (loss)9901 | €84,978 | €43,482 | -€7,742 | - |
| Financial income75/76B | €101 | €966 | €132 | ▼ 86.3% |
| Recurring financial income75 | €101 | €966 | €132 | ▼ 86.3% |
| Financial charges65/66B | €3,542 | €3,072 | €9,587 | ▲ 212% |
| Recurring financial charges65 | €3,542 | €3,072 | €9,587 | ▲ 212% |
| Profit (loss) for the period before taxes9903 | €81,537 | €41,376 | -€17,196 | - |
| Income taxes67/77 | €13,794 | €13,220 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €67,743 | €28,156 | -€17,196 | - |
| Profit (loss) for the period to be appropriated9905 | €67,743 | €28,156 | -€17,196 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €233,938 | €233,389 | €274,792 | ▲ 17.7% |
| Fixed assets21/28 | €39,487 | €208,292 | €204,583 | ▼ 1.8% |
| Tangible fixed assets22/27 | €39,487 | €166,467 | €164,159 | ▼ 1.4% |
| Land and buildings22 | - | €147,350 | €147,569 | ▲ 0.1% |
| Plant, machinery and equipment23 | €5,741 | €8,530 | €6,487 | ▼ 23.9% |
| Furniture and vehicles24 | €33,745 | €10,588 | €10,103 | ▼ 4.6% |
| Financial fixed assets28 | - | €41,824 | €40,424 | ▼ 3.3% |
| Current assets29/58 | €194,451 | €25,097 | €70,209 | ▲ 180% |
| Amounts receivable within one year40/41 | €67,345 | €6,966 | €67,421 | ▲ 868% |
| Trade receivables40 | €55,344 | - | €52,735 | - |
| Other amounts receivable41 | €12,002 | €6,966 | €14,687 | ▲ 111% |
| Cash at bank and in hand54/58 | €125,847 | €16,780 | €1,311 | ▼ 92.2% |
| Deferred charges and accrued income490/1 | €1,259 | €1,352 | €1,477 | ▲ 9.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €233,938 | €233,389 | €274,792 | ▲ 17.7% |
| Equity10/15 | €49,443 | €77,600 | €60,403 | ▼ 22.2% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €44,443 | €72,600 | €55,403 | ▼ 23.7% |
| Amounts payable17/49 | €184,495 | €155,789 | €214,389 | ▲ 37.6% |
| Amounts payable after more than one year17 | €25,613 | €75,550 | €123,646 | ▲ 63.7% |
| Financial debts170/4 | €25,613 | €75,550 | €123,646 | ▲ 63.7% |
| Amounts payable within one year42/48 | €158,882 | €80,240 | €90,742 | ▲ 13.1% |
| Current portion of amounts payable after more than one year42 | - | €7,643 | €24,593 | ▲ 222% |
| Financial debts43 | - | - | €352 | - |
| Credit institutions430/8 | - | - | €352 | - |
| Trade debts44 | €115,611 | €21,862 | €17,003 | ▼ 22.2% |
| Suppliers440/4 | €115,611 | €21,862 | €17,003 | ▼ 22.2% |
| Taxes, remuneration and social security45 | €14,825 | €14,193 | €3,875 | ▼ 72.7% |
| Taxes450/3 | €14,275 | €13,643 | €3,085 | ▼ 77.4% |
| Remuneration and social security454/9 | €550 | €550 | €790 | ▲ 43.6% |
| Other amounts payable47/48 | €28,446 | €36,542 | €44,919 | ▲ 22.9% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €67,743 | €28,156 | -€17,196 | - |
| + Depreciation and write-downs630 | €18,335 | €27,074 | €13,674 | ▼ 49.5% |
| Operating cash flow (approximation) | €86,078 | €55,231 | -€3,523 | - |
| Investment in fixed assets (approximation) | - | -€195,880 | -€9,965 | ▲ 94.9% |
| Change in cash | - | -€109,068 | -€15,469 | ▲ 85.8% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,271 companies had the same profile as Solutech Engineering has now. Two years later, 93.5% were still going and 4.1% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a small loss
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Solutech Engineering itself: 1.7% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,271 companies, not a prediction for Solutech Engineering. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- MURATAJ Kleant 100 shares (100%) · €5,000 in cash
Capital transactions
- 28-12-2021 Incorporation · €5,000 · 100 shares
Articles of association
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 28-12-2021 (in Dutch)
Network & group
Solutech Engineering shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of Solutech Engineering. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
28-12
Gazette deed
IncorporationStarting capital €5,000 · Appointment: MURATAJ Kleant (director) · Founder9 points ▸
- Incorporation, “SolutechEngineering” (deed in Dutch)
- Founder, MURATAJ Kleant (comparant)
- Founding capital, €5,000
- Other provision, “in overeenstemming met de wet, uitwerking slot- en overgangsbepalingen” (deed in Dutch)
- Other provision, “eerste boekjaar en eerste algemene vergadering”, 30-09-2023 (deed in Dutch)
- Registered office clause, “2430 Laakdal (Vorst), Dikstraat 11” (deed in Dutch)
- Board rule, 1
- Director appointment, MURATAJ Kleant (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen die eruit voortvloeien en alle activiteiten ondernomen in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
15 activities
- Elektrotechnischeinstallatiewerkeninalzijnvormen
- Renovatiewerkengebouwenenandere
- Overigewerkzaamhedeninverbandmetafwerkinggebouwen
- Overigebouwinstallaties
- Vervaardigenvanschrijn-entimmerwerken
- Aanlegvanleidingenvoorveroerendistributievanelektrischeenergie
- Allesoortengrondwerken
- Ruimenvanbouwterreinen
- Installatievanbewakingssystemen
- Installatieingebouwenvanverschillendesoortenbouwwerken:loodgieterij,gasenelektriciteit,isolatie,stukadoorswerk,dakwerkenendakgoten,enzovoort
- Allesoortentuinwerkenentuinonderhoud
- Aanlegvanfunderingen
- Laswerken
- Mechanischeenindustriëleelektriciteitswerken
- Allewerkeninzakehoogspanninginalzijnvormen
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0779.348.280
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13045C0304/00X000 | Flanders | 436 m² | 1 · 228 m² | 11.4 m · 2 |