Skip to content

SOLUTION

Active Public limited companyfounded 2000active for 26 yearsKernenergiestraat 53, 2610 AntwerpKBO/BCE: BE 0473.223.804
SOLUTION
Follow ReportCompare

Overview

Lifetime

20 annual accounts with figures on one time axis, 25 filings since 2001
peak €875,404 (2024)
€866,852▼ 1.0%
lowest -€92,836 (2023)
€76,549▼ 52.9%
peak €619,006 (2025)
€619,006▲ 14.1%
€550,152▼ 31.5%
peak 8.7 FTE (2025)
8.7 FTE 
Board3 names since 2021
2 directorsVan Goethem Frank and 1 other
Documentsfilings and deeds
14-07-202617 days before the deadline
2025financial year
Result from €162,525 to €76,549Equity from €542,457 to €619,006Debts from €803,011 to €550,152Cash from €21,793 to €11,652

Key points

from the 2025 annual accounts

Result

€76,549 ▼ 52.9%
€163,0002024€76,5002025

The result fell in 2025 from €162,525 to €76,549.

Securities

€453,458

Pledge on other assets, new in 2025. 73.3% of equity · not in the 2024 accounts.

Filings

25 annual accounts since 2001
AprilJune31 JulyOctober20102020

Four of the last ten came late. The 2020 accounts came latest: 31 days after the end of the period.

Checked score

89
Excellent
Financially stronger than 51% of micro companies in creative and performing arts (NACE 90)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 3,433 companies (NACE 90, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.6% 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025highest value 08-2025: 0.1%▼ -0.5 percentage points vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Strong

78+13equity 52.9% of total assets
43+5short-term debt 23.4% · cash 1.0%
77-7return on assets 6.5%

Score breakdown

raises risk
Liquidity: current ratio 1.86, cash €11,652
lowers risk
Profit of €76,549 (financial year 2025)
Equity €619,006 (52.9% of total assets)
Founded in 2000
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 90, micro). It does better than 55% of them on solvency, 27% on liquidity, 58% on profitability and 65% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as SOLUTION has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of SOLUTION itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the 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% 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 31,368 companies, not a prediction for SOLUTION. 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.

Credit verdict

Credit of up to €55,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.86 (1.55 in 2024), above the usual 1.5. Short-term debt is 23.4% and cash 1% of total assets. 47.1% of the assets are financed with debt and provisions.

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

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.86, cash €11,652
NBB · annual accounts
lowers risk · Profit of €76,549 (financial year 2025)
NBB · annual accounts
lowers risk · Equity €619,006 (52.9% of total assets)
NBB · annual accounts
lowers risk · Founded in 2000
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 days early
2024
31 days early
2023
14 days early
2022
29 days late
2021
51 days early
2020
31 days late
2019
20 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 5 days before the deadline. In the sector (NACE 90), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 July (4 of the last 5 accounts filed within 34 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

VG
Van Goethem Frank
Director
VG
VAN GOETHEM,Frank Lucien Maria
Director, since 13-02-2024
  • VAN GOETHEM,Frank Lucien Maria all the sharesdeed of 22-02-2024

Shares in 1 company, WAREHOUSE

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0473223804
Amendment of the articles · Resignations & appointments Change of role: VAN GOETHEM, Frank Lucien Maria, from director to sole director · Resignation: G.I.A. (director) · “Het ontwerpen,ontwikkelen,leveren en plaatsen van alle mogelijke inrichting en constructies voor…” (deed in Dutch) · General meeting of 13-02-2024 · Gazette deed
Reappointment: Frank Van Goethem (director) General meeting of 10-08-2021 · Gazette deed
First establishment Solution - Exhibit & Idea Builders, Kernenergiestraat 53, Antwerp
All 41 events

Comparable companies

same main activity, similar in size and age
Company
SOLUTION Antwerp €1.2m €0.9m 52.9% 8.7
GM PRODUCTIONS INTERNATIONAL Roeselare €1.9m €1.9m 45.4% 8.7
STANDMARK Erpe-Mere €1.2m €0.9m 28.4% 5.3
ALL STAGE EQUIPMENT INTERNATIONAL Maldegem €2.2m €1.9m 64.5% 8.4
EXPO FLOOR Wijnegem €1.0m €0.6m 39.2% 3.8
FX3 Perwez €3.2m €0.6m 18.8% 5
THE CREW FACTORY Bilzen €0.5m €0.7m -3.5% -

These companies have the same main activity as SOLUTION: design and construction of stages and sets (NACE 90392). They are comparable in size and age: total assets between €537,000 and €3.2m, founded between 1998 and 2011.

Official details

Source: KBO
Status
Active since 07-11-2000Normal situation
Activity
Design and construction of stages and setsNACE 90392and 11 others
Joint committees
200Auxiliary committee for white-collar workers
126Furnishing and woodworking · annual accounts 2025
Establishment unit
2.116.078.8532610 Antwerp, since 15-12-2000
Financial year end
31 December
Peppol
Reachable since 15-01-2026
Company details

Annual accounts 2025

€866,852▼ 1.0%
≈ €1.2mestimated
€76,549▼ 52.9%
€619,006▲ 14.1%
€1.2m▼ 13.1%
Employeeson 31-12-2025
9
Filing
Filed on 14-07-2026, 17 days before the end of the filing period
Financials

Insights on SOLUTION

SOLUTION has existed since 2000. In 2021 the gross margin rose from €335,912 to €827,647.

Solvency rose in 2025 from 40.3% to 52.9% because of the retained profit and lower debts.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 14-07-2026, 17 days before the deadline
€866,852
▼ 1.0%
€113,797
▼ 45.8%
€316,195
▼ 10.1%
€278,947
▼ 8.3%
52.9%
▲ 12.6 percentage points
1.86
▲ 0.30

The turnover shown is an estimate from the gross margin.

Turnover ≈ €1.2m. Estimated: probably between €940,000 and €2.3m.

Money flows

no detail for 2025

Balance sheet

balance sheet total €1.2m on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

52.9%

Higher than 59% of 298 companies in 2025.

1.86

Higher than 39% of 292 companies in 2025.

6.5%

Higher than 70% of 297 companies in 2025.

SOLUTION Middle half of the sector 80% of the sector Full accounts in creative and performing arts (NACE 90)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half

Staff

€62,774

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2025, 1 person joined and 1 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 1.2m1.3m672,295905,871710,039471,871703,247460,669303,646412,949436,301419,030355,209275,100157,838396,891310,4631228,700272,767
21/28 662,694659,835209,145272,738205,722201,225231,505114,32488,780119,965149,015184,335195,443115,91375,81373,294111,701146,00140,645
21 41,77118,488------------------
22/27 548,423568,707136,645200,238133,222128,725159,00541,78616,20547,42976,478110,935122,87343,32374,95373,044111,701146,00140,645
22 -----------------1--
23 181,508172,95035,94626,6568,99013,82924,06532,5038,30713,02211,35716,88858,63122,30722,46422,00331,607-35,28122,635
24 120,79673,106100,700144,11765,30226,50017,0809,2837,89834,40765,12188,54753,2424,51730,48951,04180,094-10,72018,010
25 246,118322,651029,46558,930---------------
28 72,50072,64072,50072,50072,50072,50072,50072,53872,57572,53772,53773,40072,57072,590860250----
29/58 506,464685,633463,150633,133504,318270,646471,742346,345214,866292,984287,286234,695159,766159,18782,025323,598198,762-182,699232,122
29 --15,89945,71770,216---------------
291 --15,89945,71770,216---------------
3 14,9554,8293,7395,835-2,7087788,23910,03814,14714,98113,32012,66640,71826,08212,23818,254-19,85224,033
30/36 14,9554,8293,7395,835-2,7087788,23910,03814,14714,98113,32012,66640,71826,08212,23818,254-19,85224,033
40/41 479,858659,012387,138552,069361,758245,164467,009323,856204,071234,837271,569214,457133,476118,33755,295278,528173,505-162,133205,462
40 453,202622,513335,787536,261345,653204,135466,954323,856173,951197,937266,342210,207122,429118,33748,380271,062166,357-108,658143,459
41 26,65636,49951,35015,80716,10641,02956-30,11936,9005,2284,25011,047-6,9147,4667,148-53,47562,003
54/58 11,65221,79353,79829,51261,31422,7743,95548855443,7965326,71513,123132-20,8634,736-7141,491
490/1 --2,576-11,029--13,763204204204204501-64911,9692,267--1,136
Balance sheet: equity and liabilities
10/49 1.2m1.3m672,295905,871710,039471,871703,247460,669303,646412,949436,301419,030355,209275,100157,838396,891310,4631228,700272,767
10/15 619,006542,457379,932472,769398,81595,91781,67741,3454,78454,99829,79233,89339,78039,812-14,45466,687-8,169130,27328,640
10/11 61,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,973161,97361,973
10 61,97361,97361,97361,97361,973---------------
100 61,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,973161,97361,973
13 557,032480,484384,080410,795336,84233,94419,7035,7455,7455,7455,7455,7454,8324,7144,7144,714----
130/1 6,1976,1976,1976,1976,1976,197--------------
130 6,1976,1976,1976,1976,1976,1976,1974,7144,7144,7144,7144,7144,7144,7144,7144,714----
132 78,53178,5311,0311,0311,0311,0311,0311,0311,0311,0311,0311,031118-------
133 472,303395,755376,851403,567329,61326,71512,474-------------
14 ---66,121-----26,373-62,935-12,720-37,926-33,826-27,025-26,875-81,142--70,142--31,700-33,333
17/49 550,152803,011292,363433,102311,224375,954621,570419,324298,862357,951406,508385,137315,429235,288172,293330,204318,632-198,427244,127
17 277,148362,00711,56540,79466,28775,331104,39920,00022,70148,80681,330112,810129,12749,89353,93063,39086,173-5206,791
170/4 277,148362,00711,56540,79466,28775,331104,39920,00022,70148,80681,330112,810129,12749,89353,93063,39086,173-5206,791
42/48 273,004441,005280,797357,308244,937300,623501,703399,154275,687308,376324,147272,158184,499185,227118,362266,814232,459-196,108237,336
42 84,85991,45129,22943,90338,33029,06948,4792,70126,10532,52431,48034,11533,23424,03725,46134,75329,919-6,09230,511
43 ------16,00059,98957,62761,96257,06976,082-11,51822,09334,82221,260-23,42351,722
430/8 ------16,00059,98957,62761,96257,06976,082-11,51822,09334,82221,260-23,42351,722
44 103,879257,517133,498162,58078,835180,667338,788168,752104,678152,170218,385140,791134,84550,40421,644134,223108,733-150,958122,714
440/4 103,879257,517133,498162,58078,835180,667338,788168,752104,678152,170145,458140,791134,84550,40421,644134,223108,733-150,958122,714
441 ----------72,926---------
45 77,57991,650118,071136,525112,02572,72183,27799,24086,95356,93915,51518,23914,27724,39849,16453,87558,880-5,48915,829
450/3 48030,79942,237110,71077,2479,14119,93231,95315,04218,24112,4261,3831,00719,43329,04148,52250,295-52274
454/9 77,09960,85175,83425,81534,77863,58063,34567,28871,91138,6983,08916,85513,2704,96620,1235,3538,585-5,43715,555
47/48 6,687387-14,30015,74718,16615,15868,4723254,7801,6982,9322,14474,870-9,14113,667-10,14616,560
492/3 ---35,000--15,4681694747691,0321691,802168----1,799-
Income statement
70 -------------912,399894,737-----
76A ---8,482--------75014,5841,9081,515---1,200
9900 866,852875,404405,519443,643827,647335,912463,760393,010338,021408,999289,433281,270265,549313,671232,515386,000250,665-190,110136,170
60/61 -------------609,703683,374-----
62 546,135519,257391,523258,066322,293283,147310,723321,053347,171318,883234,810222,422213,744199,193221,642247,533206,560-126,19191,531
630 202,398141,74699,36375,97964,19054,47051,54022,95533,91039,36647,71146,29942,64945,88949,55845,88647,787-28,34952,372
631/4 --71-153---19,39748,493-----------3,025-
635/8 ---------------3,025-----
640/8 4,5224,5084,2944,1024,6353,8865,9204,9273,1003,8213,8266,2582,3427,56930,5097,4232,999-6121,317
66A --792----------5357,706---5,280-
9901 113,797209,964-90,301105,495436,52913,80747,08544,075-46,15946,9293,0866,2916,81461,020-66,16985,158-6,681-31,933-9,050
75/76B 6749481,3212,5001,6635,5113335863,9398302,1282,6019719991,9491,218997-657125
75 6749481,3212,5001,6635,5113335863,9398302,1282,6019719991,9491,218997-657125
65/66B 17,44319,4883,8574,3914,9365,0767,0868,0997,9948,8159,31510,0767,82211,76811,12313,03412,546-7,67714,075
65 17,44319,4883,8574,3914,9365,0767,0868,0997,9948,8159,31510,0767,82211,76811,12313,03412,546-7,67714,075
9903 97,028191,423-92,836103,604433,25614,24140,33136,562-50,21538,944-4,100-1,18471364,301-81,14274,856-18,230-19,633-21,800
67/77 20,48028,899-29,650130,358----13,738-4,70374510,034--2,788--7,829
9904 76,549162,525-92,83673,953302,89814,24140,33136,562-50,21525,206-4,100-5,887-3254,266-81,14274,856-21,018-19,633-29,629
689 -77,500---------914118-------
9905 76,54985,025-92,83673,953302,89814,24140,33136,562-50,21525,206-4,100-6,801-15054,266-81,14274,856-21,018-19,633-29,629
Appropriation of the result
9906 76,54918,903-92,83673,953302,89814,24113,958-26,373-62,935-12,720-37,926-33,826-27,025-26,875-81,1424,714-70,142--13,700-33,333
14P --66,121------------------
791/2 --26,715-----------------
691/2 76,54918,903-73,953302,89814,24113,958--------4,714----
6920 ------1,483--------4,714----
6921 76,54918,903-73,953302,89814,24112,474-------------
694/7 ------------------18,000-
695 ------------------18,000-
Social balance sheet
9087 8.7-7.56.27.67.87.68.18.26.34.95.14.955.66.66-4.73.3
Hours worked1013 14,692-11,5799,09113,14812,11313,01614,34813,75610,5948,8318,9578,2848,83992,18810,97510,775-7,7375,644
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 5 older financial years (2001-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 20 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 14-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 14-07-2026 2026-00291382 PDF
31-12-2024 abbreviated format 30-06-2025 2025-00202682 PDF
31-12-2023 abbreviated format 17-07-2024 2024-00259870 PDF
31-12-2022 abbreviated format 29-08-2023 2023-00370584 PDF
31-12-2021 abbreviated format 10-06-2022 2022-20055768 PDF
31-12-2020 abbreviated format 31-08-2021 2021-66400367 PDF
31-12-2019 abbreviated format 20-08-2020 2020-43000126 PDF
31-12-2018 abbreviated format 18-07-2019 2019-34600545 PDF
31-12-2017 abbreviated format 06-07-2018 2018-30700237 PDF
31-12-2016 abbreviated format 30-08-2017 2017-55200133 PDF
31-12-2015 abbreviated format 27-09-2016 2016-62200211 PDF
31-12-2014 abbreviated format 24-08-2015 2015-49000284 PDF
31-12-2013 abbreviated format 02-10-2014 2014-63200297 PDF
31-12-2012 abbreviated format 11-04-2013 2013-08700551 PDF
31-12-2011 abbreviated format 27-09-2012 2012-58400387 PDF
31-12-2010 abbreviated format 05-07-2011 2011-26500026 PDF
31-12-2009 abbreviated format 05-01-2011 2011-00300510 PDF
31-12-2008 abbreviated format 31-08-2009 2009-71200383 PDF
31-12-2007 abbreviated format 03-11-2008 2008-80600281 PDF
31-12-2006 abbreviated format 31-08-2007 2007-69600151 PDF
31-12-2005 abbreviated format 03-10-2006 2006-82804415 PDF
31-12-2004 abbreviated format 18-01-2006 2006-02101134 PDF
31-12-2003 abbreviated format 29-09-2004 2004-68200508 PDF
31-12-2002 abbreviated format 15-12-2003 2003-83702727 PDF
31-12-2001 abbreviated format 25-09-2002 2002-58600712 PDF

Subsidies and aid

Flemish government 2022 to 2025, 5 entries, €6,349 awarded, €5,554 paid

Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
€3,482
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€2,867
Year Entries AwardedPaid
2025 1 €60€60
2024 1 €360€1,875
2023 1 €2,391€81
2022 2 €3,538€3,538

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
316,195351,7109,063181,474500,72068,27698,62567,030-12,25086,29650,79752,59049,462106,909-16,611131,04441,106-60,28243,322
278,947304,2716,527149,933367,08868,71091,87159,517-16,30564,57243,61040,41242,617100,155-31,583120,74226,769-47,98222,743
205,397592,17536,562150,12568,68724,189168,75948,5362,72410,31713,29135,261127,44886,89952,0787,47815,034-33,63117,227
-10,141-32,00524,285-31,80238,54018,8193,467-66-43,24243,264-6,183-6,40812,991--16,127---777-
233,460244,629182,352275,825259,381-29,977-29,961-52,809-60,821-15,392-36,861-37,463-24,734-26,040-36,33856,784-33,697--13,409-5,214
-------------6.7%-7.4%-----
52.9%40.3%56.5%52.2%56.2%20.3%11.6%9.0%1.6%13.3%6.8%8.1%11.2%14.5%-9.2%16.8%-2.6%-13.2%10.5%
1.861.551.651.772.060.900.940.870.780.950.890.860.870.860.691.210.86-0.930.98
1.801.541.641.762.060.890.940.850.740.900.840.810.800.640.471.170.78-0.830.88
0.891.480.770.920.783.927.6110.1462.476.5113.6411.367.935.91-4.95--6.558.52
12.4%30.0%-24.4%15.6%75.9%14.8%49.4%88.4%-45.8%-13.8%-17.4%-0.1%136.3%-112.2%--64.9%-103.5%
6.5%12.1%-13.8%8.2%42.7%3.0%5.7%7.9%-16.5%6.1%-0.9%-1.4%0.0%19.7%-51.4%18.9%-6.8%-8.6%-10.9%
18.1318.052.3541.32over 100---------------
-------------47 days20 days-----
-------------30 days12 days-----

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202331-12-202231-12-2021
Employees at the balance-sheet date9977
full-time6965
part-time3-12
in full-time equivalents8.596.56.3
8.77.56.27.6
On a permanent contract9877
Joined1532
Left1333

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20252024202320222021
Debts secured on the company's own assets€362,007€453,458€40,794€84,697€104,617
Mortgages, amount registered-€453,458---
Carrying value of the mortgaged assets-€450,989---
Pledge on other assets, amount secured€453,458-€40,794€49,562€104,617
Carrying value of the other pledged assets€548,423-€30,742€29,465€89,303

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€167,187€573,513€36,562€150,125€68,687
Intangible fixed assets€38,210€18,522---
Financial fixed assets-€140---
€202,398€141,746€99,363€75,979€64,190

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on SOLUTION

The operating result for 2025 is 46% lower than in 2024.

Debt's share of the balance-sheet total falls from 59.7% to 47.1%. Equity is higher and debt is lower.

Board & ownership

Board

2 directors, last change in 2024
Van Goethem Frank
Director
current term since 13-02-2024 6-year term from 2021
listed in the 2025 annual accounts, filed on 14-07-2026
VAN GOETHEM,Frank Lucien Maria
Sole director (not named in the articles)
since 13-02-2024
earlier director, until 22-02-2024
listed in the 2025 annual accounts, filed on 14-07-2026

Office holders in the KBO →

Mandates through the years

3 names, the dashed line is today
Van Goethem Frank
Director
VAN GOETHEM,Frank Lucien Maria
Sole director (not named in the articles)
G.I.A.
Director
BoardEarlierRest of the termmandate already running before its first mention
Mandates as a list
  • Van Goethem Frank
    • Director, since before 04-06-2021
  • VAN GOETHEM,Frank Lucien Maria
    • Sole director (not named in the articles), from 04-06-2021 to date
    • Director, until 22-02-2024
  • G.I.A.
    • Director, from 04-06-2021 to 22-02-2024

See the board, name and registered office on a given date →

Control

Shareholder
VAN GOETHEM,Frank Lucien Maria
This company
SOLUTION
Equity €619,006
Profit €76,549 in 2025

Capital

Capital
€61,973.38
Shares
250
Contribution per share
€248
Equity per share
€2,476 in 2025
Source
2025 annual accounts

Articles of association

deed of 22-02-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 10:00

Shareholders

Stated in the deed deed of 22-02-2024 ↗

Network & group

Holdings

own 2025 accounts, the bar shows equity in euros
This companySOLUTION1 holding, 1 country 2025 accounts

Belgium 1 Equity Result

Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.

At the same address

Kernenergiestraat 53, 2610 Antwerp · 4 other companies
BRICO BELGIUM
establishment since 01-05-2008 · founded in 1985 · group Maxeda DIY Holding B.V.
 1,479 FTE (2026)
0427.572.733
ADDED LIGHTS
registered office since 13-02-2020 · founded in 2020
 total assets €2.1m (2025)
0743.613.876
WAREHOUSE
registered office since 10-10-2007 · founded in 2007
 total assets €1.5m (2025)
0892.679.518
GROVEN KUNSTSTOFRAMEN
establishment since 13-07-1998 · founded in 1998
 total assets €1.4m (2025)
0463.776.794

Earlier ties

G.I.A.
via Van Goethem Frank, no longer at G.I.A. · Permanent representative · deed of 22-02-2024
No longer active
 total assets €23,798 (2023)

Holdings and subsidiaries

1 holding

Holdings 1

Share, source and own figures per holding (1)
Holdings through the years 2013 to 2025
Holdings through the years
Name2013201420152016201720182019202020212022202320242025
WAREHOUSE 50%

Source: list of holdings in its own accounts

Connections & network

Depth

The network starts from the earlier ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

41 events since 2000

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBfull format · 17 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0473223804
2025
Annual accounts 2024 filed PDFabbreviated format · 31 days before the deadline
2024
Back to profit net €162,525 The net result is €162,525, after one loss-making year.
Equity above €500,000 equity €542,457 ▲42.8% Equity rises from €379,932 to €542,457.
Annual accounts 2023 filed PDFabbreviated format · 14 days before the deadline
Amendment of the articles · Resignations & appointmentsChange of role: VAN GOETHEM, Frank Lucien Maria, from director to sole director · Resignation: G.I.A. (director) · “Het ontwerpen,ontwikkelen,leveren en plaatsen van alle mogelijke inrichting en constructies voor…” (deed in Dutch) · General meeting of 13-02-202410 points ▸

Open the deed in the Belgian Official Gazette

2023
Weakest financial year net -€92,836 The net result drops to -€92,836, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2022 filed PDFabbreviated format · 29 days late
2022
Reappointment: Frank Van Goethem (director)General meeting of 10-08-20212 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFabbreviated format · 51 days before the deadline
2021
Highest result from 2006 to 2025 net €302,898 ▲2,027% The operating result of €436,529 and the net result of €302,898 are both a record.
Liquidity more than doubled current ratio 2.06 The current ratio rises from 0.90 to 2.06. Short-term debt falls from €300,623 to €244,937.
Equity above €200,000 equity €398,815 ▲316% After 4 profitable years in a row, equity reaches €398,815.
Annual accounts 2020 filed PDFabbreviated format · 31 days late
2020
Annual accounts 2019 filed PDFabbreviated format · 20 days late
2019
Annual accounts 2018 filed PDFabbreviated format · 13 days before the deadline
2018
Back to profit net €36,562 The net result is €36,562, after one loss-making year.
Annual accounts 2017 filed PDFabbreviated format · 25 days before the deadline
2017
Annual accounts 2016 filed PDFabbreviated format · 30 days late
2016
Back to profit net €25,206 The net result is €25,206, after 3 loss-making years.
Annual accounts 2015 filed PDFabbreviated format · 58 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 24 days late
2014
Annual accounts 2013 filed PDFabbreviated format · 63 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 111 days before the deadline
2012
Back to profit net €54,266 The net result is €54,266, after one loss-making year.
Annual accounts 2011 filed PDFabbreviated format · 58 days late
2011
Annual accounts 2010 filed PDFabbreviated format · 26 days before the deadline
Annual accounts 2009 filed PDFabbreviated format · 158 days late
2010
Back to profit net €74,856 The net result is €74,856, after one loss-making year.
2009
Annual accounts 2008 filed PDFabbreviated format · 31 days late
2008
Annual accounts 2007 filed PDFabbreviated format · 95 days late
2007
Back to profit net €19,633 The net result is €19,633, after one loss-making year.
Annual accounts 2006 filed PDFabbreviated format · 31 days late
2006
Annual accounts 2005 filed PDFabbreviated format
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2000
First establishment Solution - Exhibit & Idea Builders, Kernenergiestraat 53, Antwerp
Incorporation KBO

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

SOLUTION was incorporated on 7 November 2000.1 Total assets rose from €460,669 in 2018 to €1.2m in 2025 and headcount from 8.1 to 8.7 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0473.223.804
VAT number
BE 0473.223.804
Peppol ID
0208:0473223804
Legal form
Public limited company
Status
Active, normal situation
Founded
07-11-2000
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 10:00
deed of 22-02-2024 (in Dutch)
Peppol
Reachable since 15-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
SOLUTION in Dutch
Trade name
EVENTUAL, SONO, SKYLINE DISPLAYS, RENTUAL in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 22-02-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 22-02-2024 (in Dutch)

Activities

NACEBEL 2025
VAT activities
90392 Design and construction of stages and sets main activity
18120 Other printing
42220 Construction of utility projects for electricity and telecommunications
43211 General electrical installation work
43212 Electrical installation work in industrial facilities
43320 Joinery installation
43341 Painting of buildings
73110 Advertising agencies
82300 Organisation of conventions and trade shows
90201 Performing arts by independent artists
90393 Specialised image, lighting and sound technical services
90399 Other support activities for arts and performing arts
Social security (RSZ) activities
82300 Organisation of conventions and trade shows main activity
Joint committees annual accounts 2025
JC 200 Auxiliary committee for white-collar workers
JC 126 Furnishing and woodworking
Codes under NACEBEL 2008
VAT activities
42220 Construction of utility projects for electricity and telecommunications
43211 Specialised construction activities
43212 Specialised construction activities
43320 Joinery installation
43341 Painting of buildings
73110 Advertising, market research and public relations activities
82300 Organisation of conventions and trade shows
90011 Arts creation and performing arts activities
Social security (RSZ) activities
82300 Organisation of conventions and trade shows main activity
Codes under NACEBEL 2003
VAT activities
74401
74872
92311
Social security (RSZ) activities
74872 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het ontwerpen,ontwikkelen,leveren en plaatsen van alle mogelijke inrichting en constructies voor ondernemingen,verenigingen en organisaties…”
11 activities
  1. Het ontwerpen,ontwikkelen,leveren en plaatsen van alle mogelijke inrichting en constructies voor ondernemingen,verenigingen en organisaties
  2. Het ontwerpen en realiseren van displays,meubilair op maat,beursstanden,…
  3. Het ontwerpen en realiseren van drukwerken,dit zowel op papier als op andere materialen
  4. Het ontwerpen en uitwerken van reclamecampagnes,promotiemateriaal,gadgets,relatiegeschenken en dergelijke meer
  5. De handel in en verhuur van audiovisuele installaties,eventmateriaal,machines en toestellen
  6. Het verlenen van diensten en adviezen in de meest ruime zin van het woord aan bedrijven,ondernemingen en organisaties,ondermeer inzake management,marketing,financiële,handels-,bedrijfseconomische,bedrijfstechnische en sociale aangelegenheden
  7. Het onderzoek,ontwikkeling en consultancy op gebied van reclame en promotie
  8. Het voeren van holding-activiteiten,omvattende onder meer:het door middel van inschrijving,inbreng,fusie,samenwerking,financiële tussenkomst of anderszins verwerven van een belang of deelneming in alle bestaande of nog op te richten ondernemingen,vennootschappen of verenigingen in België of in het buitenland;het beheren,valoriseren,verkopen,te gelde maken of anderszins vervreemden van deze participaties of belangen;alle financiële transacties en financiële overeenkomsten,behoudens deze activiteiten die wettelijk voorbehouden zijn aan spaar-en depositobanken en aan vennootschappen voor vermogensbeheer en beleggingsadvies
  9. Het rechtstreeks of onrechtstreeks deelnemen aan het bestuur,de directie,de controle en vereffening van vennootschappen en ondernemingen,het waarnemen van het mandaat van bestuurder en dagelijks bestuurder of gemandateerde,het optreden als vereffenaar
  10. Het uitbaten van een algemeen bedrijf van immobiliën en in het bijzonder:het verwerven,vervreemden,beheren,uitbaten,valoriseren,verkavelen,uitrusten,huren en verhuren,het doen bouwen of doen verbouwen van onroerende goederen evenals alle onroerende transacties en verrichtingen in de meest brede zin en van welke aard ook,met inbegrip van de onroerende leasing
  11. Haar patrimonium,bestaande uit onroerende en roerende goederen en rechten,te behouden,in de ruimste zin van het woord te beheren en oordeelkundig uit te breiden
deed of 22-02-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Solution - Exhibit & Idea Builders registered office Kernenergiestraat 53, 2610 Antwerp 43320 Joinery installation 15-12-2000 2.116.078.853

Buildings and parcels at the address

Ground area
5,859 m²
Buildings
6,095 m²
Volume, LiDAR
33,872 m³
Tallest building
8.2 m
Buildings to scale, each on its own parcel
6,095 m², 8.2 m 6,095 m², 8.2 m

Location

registered office establishment The establishment unit on the map
5 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
11463D0410/00R0005,859 m² 1 · 6,095 m² 8.2 m · 2

Contact

E-mail info@solutiongroup.eu establishment in Antwerpen

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 0473.223.804

We would like to set cookies. That happens only with your consent. What we measure