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Solution Altitude

Active
Private limited companyfounded 2025active for 1 yearRue Abbé-Michel-Renard 21, 1400 Nivelles, BelgiumKBO/BCE: BE 1018.354.993
Summary

Solution Altitude has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44,857 and a net result of €42,857. Its solvency ranks better than 55% of 9,802 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, abbreviated format

Equity
€44,857
Total assets
€93,240
Net result
€42,857
Working capital
€28,098

Turnover and EBIT margin not published: the abbreviated format does not require them.

Balance-sheet composition
Assets €93,240
Fixed assets €16,759
Current assets €76,482
Equity and liabilities €93,240
Equity €44,857
Debt €48,384
Debt finances 51.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€71,847
Cash flow
€56,753
Current ratio
1.58
Debt to equity
1.08
ROE
95.5%
ROA
46.0%
Interest coverage
over 100
Debt ≤ 1 year
€48,384
Income taxes
€15,069

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 11,280 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
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€93,240
Fixed assets21/28€16,759
Tangible fixed assets22/27€16,759
Plant, machinery and equipment23€2,413
Furniture and vehicles24€14,346
Current assets29/58€76,482
Amounts receivable within one year40/41€19,324
Trade receivables40€17,633
Other amounts receivable41€1,692
Cash at bank and in hand54/58€57,157
Equity and liabilities
Total equity and liabilities10/49€93,240
Equity10/15€44,857
Contributions10/11€2,000
Profit (loss) carried forward14€42,857
Amounts payable17/49€48,384
Amounts payable within one year42/48€48,384
Trade debts44€2,807
Suppliers440/4€2,807
Taxes, remuneration and social security45€15,069
Taxes450/3€15,069
Other amounts payable47/48€30,508
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,896
Gross operating margin9900€71,847
Operating profit (loss)9901€57,951
Financial income75/76B€20
Recurring financial income75€20
Financial charges65/66B€45
Recurring financial charges65€45
Profit (loss) for the period before taxes9903€57,926
Income taxes67/77€15,069
Profit (loss) for the period9904€42,857
Profit (loss) for the period to be appropriated9905€42,857
Appropriation of the result
Profit (loss) to be appropriated9906€42,857

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,896
Gross operating margin9900€71,847
Operating profit (loss)9901€57,951
Financial income75/76B€20
Recurring financial income75€20
Financial charges65/66B€45
Recurring financial charges65€45
Profit (loss) for the period before taxes9903€57,926
Income taxes67/77€15,069
Profit (loss) for the period9904€42,857
Profit (loss) for the period to be appropriated9905€42,857
Line2025
Assets
Total assets20/58€93,240
Fixed assets21/28€16,759
Tangible fixed assets22/27€16,759
Plant, machinery and equipment23€2,413
Furniture and vehicles24€14,346
Current assets29/58€76,482
Amounts receivable within one year40/41€19,324
Trade receivables40€17,633
Other amounts receivable41€1,692
Cash at bank and in hand54/58€57,157
Equity and liabilities
Total equity and liabilities10/49€93,240
Equity10/15€44,857
Contributions10/11€2,000
Profit (loss) carried forward14€42,857
Amounts payable17/49€48,384
Amounts payable within one year42/48€48,384
Trade debts44€2,807
Suppliers440/4€2,807
Taxes, remuneration and social security45€15,069
Taxes450/3€15,069
Other amounts payable47/48€30,508
Line2025
Profit (loss) for the period9904€42,857
+ Depreciation and write-downs630€13,896
Operating cash flow (approximation)€56,753

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 26-06-2026 2026-00217676

Similar companies · same sector, comparable size

Of the 15,144 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,382. 5,974 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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