Equity
SOLUTION-IT paid out €1,666 in dividends. That is 26% of the 2025 profit.
SOLUTION-IT paid out €1,666 in dividends. That is 26% of the 2025 profit.
Less equity than 90% of companies in computer programming and consultancy. Sector median €69,090 · 21,199 companies.
The dashed line is the sector median: 0.1% across 25,925 companies (NACE 62, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 62, micro). It does better than 13% of them on solvency, 0% on liquidity, 27% on profitability and 95% on growth.
The bankruptcy probability was computed on 06-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
In July 2024, 2,153 companies had the same profile as SOLUTION-IT has now. Each dot stands for 6 companies, two years later.
That fits the bankruptcy probability of SOLUTION-IT itself: 0.5% within 12 months.
The method was tested on the 497,447 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.
| 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 2,153 companies, not a prediction for SOLUTION-IT. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 5 accounts on average 12 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| SOLUTION-IT Saint-Ghislain | €43,550 | €75,244 | 5.6% | - |
| KADAIEV CONSULTING Tielt-Winge | €43,030 | €70,767 | 7.0% | - |
| ENGLISH DIGITAL COMMUNICATIONS Auderghem | €37,211 | €83,947 | 24.9% | - |
| Bernon Consulting Aarschot | €45,936 | €60,876 | 4.4% | - |
| Intulo Oostkamp | €37,448 | €71,587 | 42.3% | - |
| MODULOW Namur | €48,152 | €89,844 | 58.1% | - |
| GROUPE R Uccle | €35,790 | €75,407 | -37.3% | - |
These companies have the same main activity as SOLUTION-IT: computer programming (NACE 62100). They are comparable in size and age: total assets between €35,800 and €48,200, founded between 2020 and 2021.
SOLUTION-IT files the micro format. That format states no turnover. The gross margin rose from €14,224 in 2021 to €75,244 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €180,000. Estimated: probably between €150,000 and €220,000.
Higher than 12% of 21,193 companies in 2025.
Higher than 15% of 20,556 companies in 2025.
Higher than 43% of 20,731 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
43,550 | 24,154 | 26,285 | 43,465 | 31,565 | |
21/28 |
4,114 | 4,811 | 5,851 | 303 | 75 | |
22/27 |
2,943 | 3,983 | 5,023 | - | - | |
24 |
2,943 | 3,983 | 5,023 | - | - | |
28 |
1,171 | 828 | 828 | 303 | 75 | |
29/58 |
39,436 | 19,343 | 20,434 | 43,162 | 31,491 | |
3 |
144 | - | - | - | - | |
30/36 |
144 | - | - | - | - | |
40/41 |
33,482 | 5,961 | 15,011 | 12,580 | 16,493 | |
40 |
33,482 | 5,961 | 11,396 | 12,580 | 15,634 | |
41 |
- | - | 3,614 | - | 859 | |
54/58 |
0 | 12,275 | 5,423 | 23,016 | 12,532 | |
490/1 |
5,809 | 1,108 | - | 7,566 | 2,466 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
43,550 | 24,154 | 26,285 | 43,465 | 31,565 | |
10/15 |
2,424 | -2,204 | 7,960 | 1,026 | 7,757 | |
10/11 |
1,500 | 1,500 | 1,500 | 1,500 | 1,500 | |
14 |
924 | -3,704 | 6,460 | -474 | 6,257 | |
17/49 |
41,126 | 26,358 | 18,325 | 42,439 | 23,809 | |
42/48 |
41,126 | 26,358 | 18,325 | 42,433 | 23,809 | |
43 |
4,579 | - | - | - | - | |
439 |
4,579 | - | - | - | - | |
44 |
10,007 | 5,836 | 4,450 | 11,200 | 12,199 | |
440/4 |
10,007 | 5,836 | 4,450 | 11,200 | 12,199 | |
45 |
9,605 | 7,243 | 1,750 | 21,360 | 8,013 | |
450/3 |
9,568 | 2,960 | 1,750 | 13,752 | 5,870 | |
454/9 |
36 | 4,283 | - | 7,608 | 2,143 | |
47/48 |
16,935 | 13,280 | 12,125 | 9,873 | 3,597 | |
492/3 |
- | - | - | 6 | - | |
| Income statement | ||||||
9900 |
75,244 | 52,714 | 80,034 | 22,535 | 14,224 | |
62 |
58,587 | 57,193 | 68,176 | 27,829 | - | |
630 |
1,040 | 1,040 | 177 | - | - | |
640/8 |
1,552 | 674 | 1,071 | 1,015 | 3,114 | |
9901 |
14,066 | -6,193 | 10,610 | -6,309 | 11,110 | |
75/76B |
0 | 159 | 867 | - | - | |
75 |
0 | 159 | 867 | - | - | |
65/66B |
4,013 | 2,571 | 2,794 | 422 | 396 | |
65 |
4,013 | 2,571 | 2,794 | 422 | 396 | |
9903 |
10,053 | -8,605 | 8,684 | -6,731 | 10,714 | |
67/77 |
3,759 | 1,559 | 1,750 | - | 4,457 | |
9904 |
6,294 | -10,164 | 6,934 | -6,731 | 6,257 | |
9905 |
6,294 | -10,164 | 6,934 | -6,731 | 6,257 | |
| Appropriation of the result | ||||||
9906 |
2,590 | -3,704 | 6,460 | -474 | 6,257 | |
14P |
-3,704 | 6,460 | -474 | 6,257 | - | |
694/7 |
1,666 | - | - | - | - | |
694 |
1,666 | - | - | - | - | |
| Social balance sheet | ||||||
9087 |
- | - | 2 | 1.2 | - | |
Hours worked1013 |
- | - | 3,500 | 1,540 | - | |
| Document | ||||||
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.
Source: Annual accounts 2025 at the NBB, filed on 16-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 16-07-2026 | 2026-00300450 | |
| 31-12-2024 | micro format | 14-08-2025 | 2025-00381640 | |
| 31-12-2023 | micro format | 01-08-2024 | 2024-00318413 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00419394 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20413136 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 15,106 | -5,153 | 10,787 | - | - | ||
| 7,334 | -9,124 | 7,111 | - | - | ||
| 343 | 0 | 5,725 | 228 | - | ||
| -12,275 | 6,851 | -17,593 | 10,484 | - | ||
| -1,690 | -7,015 | 2,109 | 729 | 7,682 | ||
| 5.6% | -9.1% | 30.3% | 2.4% | 24.6% | ||
| 0.96 | 0.73 | 1.12 | 1.02 | 1.32 | ||
| 0.96 | 0.73 | 1.12 | 1.02 | 1.32 | ||
| 16.97 | - | 2.30 | 41.37 | 3.07 | ||
| 259.7% | - | 87.1% | -656.1% | 80.7% | ||
| 14.5% | -42.1% | 26.4% | -15.5% | 19.8% | ||
| 3.76 | -2.00 | 3.86 | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2023 | 31-12-2022 |
|---|---|---|
| Employees at the balance-sheet date | 2 | 2 |
| full-time | 2 | 2 |
| in full-time equivalents | 2 | 2 |
| 2 | 1.2 | |
| On a permanent contract | 2 | 1 |
Source: social balance sheet in the 2022 to 2023 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €5,200 | - | - |
| Financial fixed assets | €343 | - | €525 | €228 | - |
| €1,040 | €1,040 | €177 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a profit of €14,066, after a loss of €6,193 in 2024. It is the highest result since 2021.
Debt's share of the balance-sheet total is 94.4%.
SOLUTION-IT has no parent and no holdings in its annual accounts. FRATINI Maurizio Giorgio is the only director. SOLUTION-IT shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 16 October 2020, SOLUTION-IT was incorporated as a private limited company.1 In 2022 the registered office moved to Baudour.2 FRATINI Maurizio Giorgio has served as director since 2020.3 Total assets went from €31,565 in 2021 to €43,550 in 2025.4
| Establishment | Since | Unit number |
|---|---|---|
| Rue de l'Ecole 1B registered office 7331 Saint-Ghislain | ||
| Avenue du Général de Gaulle 21 7000 Mons | 16-10-2020 | 2.308.969.984 |
| Rue Jules Destrée 413 7390 Quaregnon 86931 Psychology services | 01-03-2022 | 2.331.100.832 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 53065A0736/00X002 | 618 m² | 1 · 165 m² | 10.0 m · 2 |
| 53009E0249/00M007 | 240 m² | 1 · 82 m² | 7.9 m · 2 |
| 53053D0218/00M014 | 191 m² | 1 · 100 m² | 16.3 m · 4 |
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