SOLUTION GROUP
InactiveInactive; last annual accounts for fiscal year 2023.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline30-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 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 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
30 d late
2022
212 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 121 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2023, full schema
Turnover
€13,948
EBIT margin
45.4%
Net result
€7,102
2022 · -€15,278
Working capital
€30,713▲ 849%
2022 · €3,236
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023
Turnover€13,948
Operating result-€14,552-€6,336
Net result-€15,278-€7,102
EBIT margin45.4%
Equity€1.9m-€1.9m▲ 0.4%
Total assets€1.9m-€1.9m▲ 0.5%
Debt€549-€3,765▲ 586%
Working capital€3,236-€30,713▲ 849%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €6,336 after a loss of €14,552 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.9m
Fixed assets
€1.9m ▼ 1.1%
Current assets
€34,103 ▲ 801%
Equity and liabilities €1.9m
Equity
€1.9m ▲ 0.4%
Debt
€3,765 ▲ 586%
Debt's share of the balance-sheet total rises from 0.0% to 0.2%. Equity and debt are higher.
Key figures and ratios
Current ratio
10.06▲
2022 · 6.90
Debt to equity
0.00▲
2022 · 0.00
ROE
0.4%▲
2022 · -0.8%
ROA
0.4%▲
2022 · -0.8%
Debt ≤ 1 year
€3,390▲
2022 · €549
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Operating income70/76A | - | €13,948 | - |
| Turnover70 | - | €13,948 | - |
| Operating charges60/66A | €14,552 | €7,612 | ▼ 47.7% |
| Services and other goods61 | €14,450 | €6,767 | ▼ 53.2% |
| Other operating charges640/8 | €102 | €845 | ▲ 728% |
| Operating profit (loss)9901 | -€14,552 | €6,336 | ▲ 144% |
| Financial income75/76B | - | €1,492 | - |
| Recurring financial income75 | - | €1,492 | - |
| Income from current assets751 | - | €1,492 | - |
| Financial charges65/66B | €726 | €726 | = |
| Recurring financial charges65 | €726 | €726 | = |
| Debt charges650 | - | €726 | - |
| Other financial charges652/9 | €726 | - | - |
| Profit (loss) for the period before taxes9903 | -€15,278 | €7,102 | ▲ 146% |
| Profit (loss) for the period9904 | -€15,278 | €7,102 | ▲ 146% |
| Profit (loss) for the period to be appropriated9905 | -€15,278 | €7,102 | ▲ 146% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1.9m | €1.9m | ▲ 0.5% |
| Fixed assets21/28 | €1.9m | €1.9m | ▼ 1.1% |
| Financial fixed assets28 | €1.9m | €1.9m | ▼ 1.1% |
| Affiliated companies280/1 | €1.9m | €1.9m | ▼ 1.1% |
| Participating interests280 | €1.9m | €1.9m | = |
| Amounts receivable281 | €20,000 | €0 | ▼ 100% |
| Current assets29/58 | €3,785 | €34,103 | ▲ 801% |
| Stocks and contracts in progress3 | - | €0 | - |
| Amounts receivable within one year40/41 | - | €5,469 | - |
| Trade receivables40 | - | €3,977 | - |
| Other amounts receivable41 | - | €1,492 | - |
| Cash at bank and in hand54/58 | €3,687 | €14,687 | ▲ 298% |
| Deferred charges and accrued income490/1 | €98 | €13,948 | ▲ 14,079% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1.9m | €1.9m | ▲ 0.5% |
| Equity10/15 | €1.9m | €1.9m | ▲ 0.4% |
| Contributions10/11 | €1.3m | €1.3m | = |
| Reserves13 | €605,014 | €612,116 | ▲ 1.2% |
| Distributable reserves133 | €605,014 | €612,116 | ▲ 1.2% |
| Amounts payable17/49 | €549 | €3,765 | ▲ 586% |
| Amounts payable within one year42/48 | €549 | €3,390 | ▲ 518% |
| Trade debts44 | €348 | €3,390 | ▲ 876% |
| Suppliers440/4 | €348 | €3,390 | ▲ 876% |
| Other amounts payable47/48 | €201 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €375 | - |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€15,278 | €7,102 | ▲ 146% |
| Operating cash flow (approximation) | -€15,278 | €7,102 | ▲ 146% |
| Investment in fixed assets (approximation) | - | €20,000 | - |
| Change in cash | - | €11,000 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 212 days late
2023
31-12
Financial
Back to profitnet €7,102
Net result €7,102 after one loss-making year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
5 holdingsOwners 0
The accounts to 31-12-2023 list no shareholders, and no other source names one.
Holdings 5
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100%
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100%
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100%
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100%
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100%
According to the 2023 annual accounts of SOLUTION GROUP and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.