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SOLUTION 42

Active
Private limited companyfounded 2023active for 2 yearsRue Trieux-des-Gouttes, Emines 70, 5080 La Bruyère, BelgiumKBO/BCE: BE 1003.615.250

From the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

SOLUTION 42 has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25,372 and a net result of €28,781. Its solvency ranks better than 35% of 21,130 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
23-06-2026
Format
micro format
Reference
2026-00194840
Turnover
≈ €140,000
Estimated: probably between €110,000 and €180,000
Total assets
€61,237▲ 51.9%
2024 · €40,325
Net result
€28,781▲ 19.5%
2024 · €24,091
Working capital
€13,100▲ 54.4%
2024 · €8,487
Trend over the years

2024 to 2025, 2 financial years

The operating result for 2025 is 17% higher than in 2024.

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Operating result€39,634 2025 Net result€28,781 2025

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€33,866-€39,634▲ 17.0%
Net result€24,091within the sector's middle half-€28,781within the sector's middle half▲ 19.5%
Equity€14,591below the sector's middle half-€25,372within the sector's middle half▲ 73.9%
Total assets€40,325below the sector's middle half-€61,237below the sector's middle half▲ 51.9%
Debt€25,734-€35,864▲ 39.4%
Working capital€8,487below the sector's middle half-€13,100within the sector's middle half▲ 54.4%
Solvency36.2%within the sector's middle half-41.4%within the sector's middle half▲ 5.2pp
Current ratio1.33below the sector's middle half-1.37within the sector's middle half▲ 0.04
Return on assets (ROA)59.7%above the sector's middle half-47.0%above the sector's middle half▼ 12.7pp
above within below The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €61,237
Fixed assets €12,272 ▲ 101%
Current assets €48,965 ▲ 43.1%
Equity and liabilities €61,237
Equity €25,372 ▲ 73.9%
Debt €35,864 ▲ 39.4%
Debt's share of the balance-sheet total falls from 63.8% to 58.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€41,870▲
2024 · €34,226
Cash flow
€31,018▲
2024 · €24,451
Debt to equity
1.41▼
2024 · 1.76
ROE
113.4%▼
2024 · 165.1%
Interest coverage
12.96▲
2024 · 10.46
Debt ≤ 1 year
€35,864▲
2024 · €25,734
Income taxes
€7,628▲
2024 · €6,503
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Companies with the same profile, two years later

Historical observation

In July 2024, 39,278 companies had the same profile as SOLUTION 42 has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% was still going

The bankruptcy probability of SOLUTION 42 itself is lower: 0.1% within 12 months. It rests on far more data about SOLUTION 42 than the profile alone.

Test of the method

The method was tested on the 497,445 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 39,278 companies, not a prediction for SOLUTION 42. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines

Source: Annual accounts 2025 at the NBB, filed on 23-06-2026.

Balance sheet Code20242025
Assets
Total assets20/58€40,325€61,237▲
Fixed assets21/28€6,104€12,272▲
Tangible fixed assets22/27€6,104€12,272▲
Furniture and vehicles24€1,114€7,800▲
Other tangible fixed assets26€4,990€4,472▼
Current assets29/58€34,221€48,965▲
Amounts receivable within one year40/41€11,357€17,499▲
Trade receivables40€11,314€17,499▲
Other amounts receivable41€43€0▼
Cash at bank and in hand54/58€20,816€28,244▲
Deferred charges and accrued income490/1€2,048€3,222▲
Equity and liabilities
Total equity and liabilities10/49€40,325€61,237▲
Equity10/15€14,591€25,372▲
Contributions10/11€500€500=
Profit (loss) carried forward14€14,091€24,872▲
Amounts payable17/49€25,734€35,864▲
Amounts payable within one year42/48€25,734€35,864▲
Trade debts44€162€160▼
Suppliers440/4€162€160▼
Taxes, remuneration and social security45€15,572€17,704▲
Taxes450/3€15,572€17,704▲
Other amounts payable47/48€10,000€18,000▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€360€2,236▲
Other operating charges640/8€931€501▼
Gross operating margin9900€35,157€42,371▲
Operating profit (loss)9901€33,866€39,634▲
Financial income75/76B€0€6▲
Recurring financial income75€0€6▲
Financial charges65/66B€3,272€3,231▼
Recurring financial charges65€3,272€3,231▼
Profit (loss) for the period before taxes9903€30,595€36,409▲
Income taxes67/77€6,503€7,628▲
Profit (loss) for the period9904€24,091€28,781▲
Profit (loss) for the period to be appropriated9905€24,091€28,781▲
Appropriation of the result
Profit (loss) to be appropriated9906€24,091€42,872▲
Profit (loss) brought forward from the previous period14P-€14,091
Profit to be distributed694/7€10,000€18,000▲
Return on contributions (dividend)694€10,000€18,000▲

The notes to these accounts have 6 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.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€360€2,236▲ 521%
Other operating charges640/8€931€501▼ 46.2%
Gross operating margin9900€35,157€42,371▲ 20.5%
Operating profit (loss)9901€33,866€39,634▲ 17.0%
Financial income75/76B€0€6▲ 628×
Recurring financial income75€0€6▲ 628×
Financial charges65/66B€3,272€3,231▼ 1.2%
Recurring financial charges65€3,272€3,231▼ 1.2%
Profit (loss) for the period before taxes9903€30,595€36,409▲ 19.0%
Income taxes67/77€6,503€7,628▲ 17.3%
Profit (loss) for the period9904€24,091€28,781▲ 19.5%
Profit (loss) for the period to be appropriated9905€24,091€28,781▲ 19.5%
Line20242025Change
Assets
Total assets20/58€40,325€61,237▲ 51.9%
Fixed assets21/28€6,104€12,272▲ 101%
Tangible fixed assets22/27€6,104€12,272▲ 101%
Furniture and vehicles24€1,114€7,800▲ 600%
Other tangible fixed assets26€4,990€4,472▼ 10.4%
Current assets29/58€34,221€48,965▲ 43.1%
Amounts receivable within one year40/41€11,357€17,499▲ 54.1%
Trade receivables40€11,314€17,499▲ 54.7%
Other amounts receivable41€43€0▼ 100%
Cash at bank and in hand54/58€20,816€28,244▲ 35.7%
Deferred charges and accrued income490/1€2,048€3,222▲ 57.3%
Equity and liabilities
Total equity and liabilities10/49€40,325€61,237▲ 51.9%
Equity10/15€14,591€25,372▲ 73.9%
Contributions10/11€500€500=
Profit (loss) carried forward14€14,091€24,872▲ 76.5%
Amounts payable17/49€25,734€35,864▲ 39.4%
Amounts payable within one year42/48€25,734€35,864▲ 39.4%
Trade debts44€162€160▼ 0.9%
Suppliers440/4€162€160▼ 0.9%
Taxes, remuneration and social security45€15,572€17,704▲ 13.7%
Taxes450/3€15,572€17,704▲ 13.7%
Other amounts payable47/48€10,000€18,000▲ 80.0%
Line20242025Change
Profit (loss) for the period9904€24,091€28,781▲ 19.5%
+ Depreciation and write-downs630€360€2,236▲ 521%
Operating cash flow (approximation)€24,451€31,018▲ 26.9%
Investment in fixed assets (approximation)--€8,404-
Change in cash-€7,428-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 23-06-2026 2026-00194840 NBB
31-12-2024 micro format 19-06-2025 2025-00159413 PDF

Comparable companies

These companies have the same main activity as SOLUTION 42: computer programming (NACE 62100). They are comparable in size and age: total assets between €59,400 and €71,900, founded between 2023 and 2024.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
SOLUTION 42 La Bruyère2023€61,237€25,372€42,371€28,7812025
TMA Consult Gembloux2024€63,523€47,279€49,998€37,6812025
GUARDIFY Gesves2024€71,911€49,960€49,036€32,6182025
M&M IT SOLUTION Fernelmont2024€64,146€31,366€43,319€30,8662025
Sfinx Inside Zonnebeke2023€60,775€54,610€40,560€39,5772025
ILNA CONSULTING Ukkel2023€59,373€30,721€45,312€2,1672025
SVITCO Puurs-Sint-Amands2024€61,815€55,459€41,990€31,3072025

They were chosen from the 9,111 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.