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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 9,895 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 07-01-2025 Normal situation
Activity
Other specialised construction activities NACE 43990and 7 others
Establishment units
2.368.847.985 1400 Nivelles, since 07-01-2025
2.385.259.197 7170 Manage, since 01-01-2026
Financial year end
31 December
Peppol
Reachable since 13-10-2025

Board and ownership

Board

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€71,847
Turnover
≈ €380,000
estimated
Profit
€42,857
Equity
€44,857
Total assets
€93,240
Score breakdownraises riskFounded in 2025Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.58, cash €57,157Equity €44,857 (48.1% of total assets)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 72% of micro companies in specialised construction (NACE 43)
Financial strength
Strong
Solvency 73
equity 48.1% of total assets
Liquidity 74
short-term debt 51.9% · cash 61.3%
Profitability 100
return on assets 46.0%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 02-2026: 2.1% 03-2026: 2.2%▲ +0.1 percentage points vs 02-2026 04-2026: 2.2%● unchanged vs 03-2026 05-2026: 2.7%▲ +0.5 percentage points vs 04-2026 06-2026: 2.7%● unchanged vs 05-2026 07-2026: 3.1%▲ +0.4 percentage points vs 06-2026 08-2026: 3.4%▲ +0.3 percentage points vs 07-2026 09-2026: 3.4%● unchanged vs 08-2026highest value 10-2026: 0.3%▼ -3.1 percentage points vs 09-2026lowest value 11-2026: 0.3%● unchanged vs 10-2026lowest value
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.58, above the usual 1.5. Short-term debt is 51.9% and cash 61.3% of total assets. However, 51.9% of the assets are financed with debt and provisions.
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 43, micro). It does better than 52% of them on solvency, 72% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 02-11-2026 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.58, cash €57,157
NBB · annual accounts
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €44,857 (48.1% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
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 26-06-2026, 35 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
35 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Financials

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 26-06-2026 at the NBB

Turnover
≈ €380,000
Estimated: probably between €260,000 and €720,000
Total assets
€93,240
Net result
€42,857
Working capital
€28,098

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

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's share of the balance-sheet total is 51.9%.
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

Investments

fixed assets acquired
Item2025
Tangible fixed assets€30,655
Depreciation and write-downs of the year€13,896

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

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 have 5 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 26-06-2026.

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

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

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Historical observation

In July 2024, 11,279 companies had the same profile as Solution Altitude has now. Two years later, 96.6% were still going and 0.7% had gone bankrupt.

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

That fits the bankruptcy probability of Solution Altitude itself: 0.3% 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.

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 11,279 companies, not a prediction for Solution Altitude. 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.

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

Board & ownership

Directors

Directors
1 director, no change since 2025
Raphael ROSTENNE
Director (not named in the articles) · appointed in the act of 09-01-2025 · term without a fixed end
Current

Owners and capital

Shareholders

At incorporation act of 09-01-2025 ↗

Capital transactions

Capital over time
  1. 09-01-2025 Incorporation · €2,000 · 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 09-01-2025 (in French)

Network & group

Solution Altitude shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of Solution Altitude. Every other company they run is a node.

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

Acts, filings and financial milestones

2026
26-06
NBB filing Annual accounts 2025 filedNBB
abbreviated format · 35 days before the deadline
2025
09-01
Gazette deed Incorporation
Starting capital €2,000 · Appointment: Raphael ROSTENNE (director) · Founder14 points ▸
  • Incorporation, 06-01-2025
  • Founder, Raphael ROSTENNE
  • Founding capital, €2,000
  • Raphael ROSTENNE holds all the shares
  • Other provision, “capacité juridique” (deed in French)
  • Other provision, “plan financier, capitaux propres de départ justifiés” (deed in French)
  • Bank account, “BNP Paribas Fortis”, 2000 (deed in French)
  • Other provision, “PARTIE II.:STATUTS, statuts” (deed in French)
  • General meeting, “dispositions finales et transitoires suivantes, conformément à la loi” (deed in French)
  • Registered office clause, “1400 Nivelles,rue Abbé Michel Renard,21” (deed in French)
  • Board rule, 1
  • Director appointment, Raphael ROSTENNE (director (not named in the articles))
  • The act holds 2 more points.

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

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

Company details

Register details

Identity

KBO record
Name Solution Altitude in French
Enterprise number 1018.354.993
Legal form Private limited company
Status Active, normale toestand
Founded 07-01-2025
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 09-01-2025 (in French)
Name clauseThe company operates under this name according to its articles.
Solution Altitude
deed of 09-01-2025 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Wallonne, organe d'administration peut établir sièges administratifs ou d'exploitation,succursales,bureaux ou agences en Belgique ou à…”
deed of 09-01-2025 (in French)

Registered office and establishments

Registered office Rue Abbé-Michel-Renard 21, 1400 Nivelles, Belgium
Establishment units Solution Altitude, Rue Abbé-Michel-Renard 21, 1400 Nivelles since 07-01-2025 · unit number 2.368.847.985
Bureau, Rue de Jolimont 128, 7170 Manage since 01-01-2026 · unit number 2.385.259.19752100 Warehousing and storage

Activities

NACEBEL 2025
43990 Other specialised construction activities main activity
43120 Site preparation
43221 Plumbing work
43222 Installation of electric heating, air conditioning, cooling and ventilation
43230 Insulation installation
52100 Warehousing and storage
81220 Other building cleaning and industrial cleaning
82100 Office administrative and support services

Invoicing and payment

VAT number BE 1018.354.993
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1018354993
Registered 13-10-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 2 November 2026 · Peppol Directory

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 1018.354.993

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Saturday of June at 19:00
deed of 09-01-2025 (in French)

Sites & property

Location
registered office establishment All 2 establishment units on the map

Buildings and parcels at the addresses

Ground area
678 m²
Building footprint
167 m²
Building volume
686 m³
Tallest building: 8.8 m.
Cadastral parcel Region Area Buildings Height / floors
25782C0059/00M009 Wallonia 351 m² 1 · 87 m² 8.8 m · 3
52035A0093/00R017 Wallonia 328 m² 1 · 80 m² -