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SOLUTION AUTO

Active
Private limited companyfounded 20233 years activeLehonplein 7, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0804.333.205
Summary

The computed 12-month bankruptcy probability of SOLUTION AUTO is 3.5% (moderate). The 2025 annual accounts show equity of €19,985 and a net result of €4,122. Its solvency ranks better than 68% of 3,159 sector peers (NACE 95, fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
General maintenance and repair of cars and light vans (up to 3.5 tonnes)
NACE 95311
1 site
Size
€220,582turnover 2025
Equity
€19,985
Profit
€4,122
Financial health
50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.5%
Structure
Accounts filed 52 days late0 of 1 deed read
Why 50- Size: turnover €220,582, total assets €35,284- Founded in 2023- Latest accounts 52 days late; 2 of the last 3 late+ Figures for FY 2025 (filed 21-09-2026)Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 44% of its sector peers (NACE 95, micro)
Financial strength · tick = 2024
Strong
Solvency 82+20
equity 56.6% of total assets
Liquidity 38+13
short-term debt 43.4% · cash 6.9%
Profitability 66-16
return on assets 11.7%
Bankruptcy probability, 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,111 companies)
Last 24 months 11-2024: 2.3%lowest value 12-2024: 2.4%▲ +0.1 percentage points vs 11-2024 01-2025: 2.7%▲ +0.3 percentage points vs 12-2024 02-2025: 2.7%● unchanged vs 01-2025 03-2025: 2.9%▲ +0.2 percentage points vs 02-2025 04-2025: 3.0%▲ +0.1 percentage points vs 03-2025 05-2025: 2.9%▼ -0.1 percentage points vs 04-2025 06-2025: 3.1%▲ +0.2 percentage points vs 05-2025 07-2025: 3.3%▲ +0.2 percentage points vs 06-2025 08-2025: 3.3%● unchanged vs 07-2025 09-2025: 3.3%● unchanged vs 08-2025 10-2025: 3.3%● unchanged vs 09-2025 11-2025: 4.0%▲ +0.7 percentage points vs 10-2025 12-2025: 4.0%● unchanged vs 11-2025 01-2026: 4.0%● unchanged vs 12-2025 02-2026: 4.1%▲ +0.1 percentage points vs 01-2026 03-2026: 4.3%▲ +0.2 percentage points vs 02-2026 04-2026: 4.4%▲ +0.1 percentage points vs 03-2026 05-2026: 4.4%● unchanged vs 04-2026 06-2026: 4.4%● unchanged vs 05-2026 07-2026: 4.4%● unchanged vs 06-2026 08-2026: 5.1%▲ +0.7 percentage points vs 07-2026 09-2026: 5.3%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 3.5%▼ -1.8 percentage points vs 09-2026
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.18 against 1.45 in 2024; short-term debt: 43.4% and cash: 6.9% of total assets), and 43.4% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 95, micro): better than 67% on solvency, 30% on liquidity, 36% on profitability and 45% on growth.

The bankruptcy probability was computed on 07-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Size: turnover €220,582, total assets €35,284
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2023
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Latest accounts 52 days late; 2 of the last 3 late
NBB · filings
lowers risk · Figures for FY 2025 (filed 21-09-2026)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
52 days late
2024
60 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 56 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
08-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…

Financials · fiscal year 2025, micro schema

Turnover
€220,582▼ 12.2%
2024 · €251,119
EBIT margin
1.9%▼ 4.5pp
2024 · 6.4%
Net result
€4,122▼ 68.0%
2024 · €12,864
Working capital
€18,038▲ 44.8%
2024 · €12,457
Trend over the years

2024 to 2025, 2 fiscal years

The operating result falls in 2025; 2025 is 74% below 2024.

What the company sold each fiscal year and what was left of it. A loss stands below the zero line.

Turnover€220,582 2025 Operating result€4,172 2025 Net result€4,122 2025

Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Turnover€251,119-€220,582▼ 12.2%
Operating result€16,123-€4,172▼ 74.1%
Net result€12,864within the sector's middle half-€4,122within the sector's middle half▼ 68.0%
EBIT margin6.4%-1.9%▼ 4.5pp
Equity€15,864within the sector's middle half-€19,985within the sector's middle half▲ 26.0%
Total assets€43,288below the sector's middle half-€35,284below the sector's middle half▼ 18.5%
Debt€27,424-€15,299▼ 44.2%
Working capital€12,457within the sector's middle half-€18,038within the sector's middle half▲ 44.8%
Solvency36.6%within the sector's middle half-56.6%within the sector's middle half▲ 20.0pp
Current ratio1.45within the sector's middle half-2.18within the sector's middle half▲ 0.72
Return on assets (ROA)29.7%above the sector's middle half-11.7%within the sector's middle half▼ 18.0pp
above within below the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €35,284
Fixed assets €1,947 ▼ 42.9%
Current assets €33,337 ▼ 16.4%
Equity and liabilities €35,284
Equity €19,985 ▲ 26.0%
Debt €15,299 ▼ 44.2%
Debt's share of the balance-sheet total falls from 63.4% to 43.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€5,632▼
2024 · €17,096
Cash flow
€5,582▼
2024 · €13,837
Quick ratio
0.22▼
2024 · 0.29
Debt to equity
0.77▼
2024 · 1.73
ROE
20.6%▼
2024 · 81.1%
Interest coverage
111.26▼
2024 · 285.37
Debt ≤ 1 year
€15,299▼
2024 · €27,424
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are 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
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 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% 1.0%
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% 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 39,278 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 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€43,288€35,284▼
Fixed assets21/28€3,407€1,947▼
Tangible fixed assets22/27€3,407€1,947▼
Furniture and vehicles24€3,407€1,947▼
Current assets29/58€39,881€33,337▼
Stocks and contracts in progress3€31,805€29,935▼
Stocks30/36€31,805€29,935▼
Amounts receivable within one year40/41€4,929€719▼
Trade receivables40€4,919€719▼
Other amounts receivable41€11-
Cash at bank and in hand54/58€2,946€2,437▼
Deferred charges and accrued income490/1€200€247▲
Equity and liabilities
Total equity and liabilities10/49€43,288€35,284▼
Equity10/15€15,864€19,985▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€12,864€16,985▲
Amounts payable17/49€27,424€15,299▼
Amounts payable within one year42/48€27,424€15,299▼
Trade debts44€14,688€4,166▼
Suppliers440/4€14,688€4,166▼
Taxes, remuneration and social security45€12,736€11,133▼
Taxes450/3€12,736€11,076▼
Remuneration and social security454/9-€57
Income statement Code20242025
Turnover70€251,119€220,582▼
Goods, raw materials, services and sundry goods60/61€232,435€213,779▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€973€1,460▲
Other operating charges640/8€1,587€1,171▼
Gross operating margin9900€18,684€6,803▼
Operating profit (loss)9901€16,123€4,172▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€60€51▼
Recurring financial charges65€60€51▼
Profit (loss) for the period before taxes9903€16,064€4,122▼
Income taxes67/77€3,200-
Profit (loss) for the period9904€12,864€4,122▼
Profit (loss) for the period to be appropriated9905€12,864€4,122▼
Appropriation of the result
Profit (loss) to be appropriated9906€12,864€16,985▲
Profit (loss) brought forward from the previous period14P-€12,864

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Turnover70€251,119€220,582▼ 12.2%
Goods, raw materials, services and sundry goods60/61€232,435€213,779▼ 8.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€973€1,460▲ 50.0%
Other operating charges640/8€1,587€1,171▼ 26.2%
Gross operating margin9900€18,684€6,803▼ 63.6%
Operating profit (loss)9901€16,123€4,172▼ 74.1%
Financial income75/76B€0€0▼ 80.0%
Recurring financial income75€0€0▼ 80.0%
Financial charges65/66B€60€51▼ 15.5%
Recurring financial charges65€60€51▼ 15.5%
Profit (loss) for the period before taxes9903€16,064€4,122▼ 74.3%
Income taxes67/77€3,200--
Profit (loss) for the period9904€12,864€4,122▼ 68.0%
Profit (loss) for the period to be appropriated9905€12,864€4,122▼ 68.0%
Line20242025Change
Assets
Total assets20/58€43,288€35,284▼ 18.5%
Fixed assets21/28€3,407€1,947▼ 42.9%
Tangible fixed assets22/27€3,407€1,947▼ 42.9%
Furniture and vehicles24€3,407€1,947▼ 42.9%
Current assets29/58€39,881€33,337▼ 16.4%
Stocks and contracts in progress3€31,805€29,935▼ 5.9%
Stocks30/36€31,805€29,935▼ 5.9%
Amounts receivable within one year40/41€4,929€719▼ 85.4%
Trade receivables40€4,919€719▼ 85.4%
Other amounts receivable41€11--
Cash at bank and in hand54/58€2,946€2,437▼ 17.3%
Deferred charges and accrued income490/1€200€247▲ 23.2%
Equity and liabilities
Total equity and liabilities10/49€43,288€35,284▼ 18.5%
Equity10/15€15,864€19,985▲ 26.0%
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€12,864€16,985▲ 32.0%
Amounts payable17/49€27,424€15,299▼ 44.2%
Amounts payable within one year42/48€27,424€15,299▼ 44.2%
Trade debts44€14,688€4,166▼ 71.6%
Suppliers440/4€14,688€4,166▼ 71.6%
Taxes, remuneration and social security45€12,736€11,133▼ 12.6%
Taxes450/3€12,736€11,076▼ 13.0%
Remuneration and social security454/9-€57-
Line20242025Change
Profit (loss) for the period9904€12,864€4,122▼ 68.0%
+ Depreciation and write-downs630€973€1,460▲ 50.0%
Operating cash flow (approximation)€13,837€5,582▼ 59.7%
Investment in fixed assets (approximation)-€0-
Change in cash--€510-

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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Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the function holders in the CBE →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 27 July 2023, SOLUTION AUTO was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
21-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 52 days late
2025
29-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded27-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
46720Wholesale of motor vehicle parts and accessories
E-invoicing
Reachable via Peppol
Peppol ID 0208:0804333205
Also 9925:BE0804333205
Registered 05-09-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 8 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
191 m²
Building footprint
192 m²
Volume, LiDAR
2,027 m³
Parcel 21910E0185/00G005, Brussels · tallest building 20.4 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
SOLUTION AUTO
Lehonplein 7, 1030 SchaarbeekNACE 4520101
since 2023unit no. 2.351.938.016
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21910E0185/00G005 Brussels 191 m² 1 · 192 m² 20.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.