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SOLUTION MANUTENTION

Active Private limited companyfounded 2004active for 22 yearsRue de Luxembourg,Léglise 87, 6860 LégliseKBO/BCE: BE 0864.595.939 #10 oldest company in the province of Luxembourg, Warehousing and transport support sector

Lifetime

19 annual accounts with figures on one time axis, 21 filings since 2005
peak €315,005 (2015)
€169,658▼ 24.0%
lowest -€3,811 (2011)
€22,117▼ 44.3%
peak €440,426 (2025)
€440,426▲ 5.3%
€248,123▼ 19.4%
peak 10 FTE (2014)
-not published
Board3 names since 2021
2 directorsDUFOUR Yannick and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €223,306 to €169,658Result from €39,676 to €22,117Debts from €307,968 to €248,123

Key points

from the 2025 annual accounts

Equity

€440,426 ▲ 5.3%

SOLUTION MANUTENTION has made a profit without a break since 2012.

Staff

1 FTE from 10 in 2014

Between 2014 and 2025, 90% of the full-time equivalents disappeared.

Filings

21 annual accounts 22 filings since 2005
AprilJune31 JulyOctober20052010201520202025

Seven of the last ten came late. The 2024 accounts came latest: 200 days after the end of the period.

Checked score

91
Excellent
Financially stronger than 65% of micro companies in warehousing and transport support (NACE 52)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.9% across 2,306 companies (NACE 52, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1%lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%▲ +0.1 percentage points vs 08-2025 10-2025: 0.4%▲ +0.1 percentage points vs 09-2025 11-2025: 0.5%▲ +0.1 percentage points vs 10-2025 12-2025: 0.7%▲ +0.2 percentage points vs 11-2025 01-2026: 1.6%▲ +0.9 percentage points vs 12-2025highest value 02-2026: 1.6%● unchanged vs 01-2026highest value 03-2026: 0.6%▼ -1.0 percentage point vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.5%▼ -0.1 percentage points vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 0.8%▲ +0.2 percentage points vs 07-2026 09-2026: 0.2%▼ -0.6 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Strong

89+6equity 64.0% of total assets
91-5short-term debt 11.1% · cash 33.2%
73-3return on assets 3.2%

Score breakdown

raises risk
Last filed accounts filed 31 days late; 2 of the last 3 accounts late
Sector: Warehousing and support activities for transportation (NACE 52)
lowers risk
Liquidity: current ratio 5.15, cash €228,911
Founded in 2004
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 52, micro). It does better than 70% of them on solvency, 90% on liquidity, 52% on profitability and 50% on growth.

The bankruptcy probability was computed on 09-11-2026 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).

Comparable companies, two years later

In July 2024, 17,041 companies had the same profile as SOLUTION MANUTENTION has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of SOLUTION MANUTENTION itself: 0.2% within 12 months.

Test of the method

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.

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 17,041 companies, not a prediction for SOLUTION MANUTENTION. 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.

Credit verdict

Credit of up to €40,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 5.15 (4.53 in 2024), above the usual 1.5. Short-term debt is 11.1% and cash 33.2% of total assets. 36% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 31 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Sector: Warehousing and support activities for transportation (NACE 52)
KBO
lowers risk · Liquidity: current ratio 5.15, cash €228,911
NBB · annual accounts
lowers risk · Founded in 2004
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
200 days late
2023
30 days late
2022
17 days late
2021
16 days late
2020
18 days late
2019
16 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 42 days after the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DY
DUFOUR Yannick
Director
  • DUFOUR Yannik Albert Joseph 1,996 sharesdeed of 28-12-2023
  • HOUZE Sandra Jeanne Augusta Ghislaine 4 sharesdeed of 28-12-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0864595939
Amendment of the articles · Legal-form change · Resignations & appointments Resignations: DUFOUR Yannik Albert Joseph (manager) and HOUZE Sandra Jeanne Augusta Ghislaine (manager) · Reappointments: DUFOUR Yannik Albert Joseph (director) and HOUZE Sandra Jeanne Augusta Ghislaine (director) · DUFOUR Yannik Albert Joseph holds 1,996 shares · General meeting of 22-12-2023 · Gazette deed
Company renamed from MANUTENTION GOUVERNEUR DAVID to Solution Manutention Registered office moved to Léglise · Transfer of 334 shares from David GOUVERNEUR to DUFOUR Yannik Albert Joseph · Transfer of 334 shares from David GOUVERNEUR to Jean-Luc HANSENNE · General meeting of 20-12-2018 · Gazette deed
Incorporation published on 20-04-2004 · Gazette deed
All 34 events

Comparable companies

same main activity, similar in size and age
Company
SOLUTION MANUTENTION Léglise €688,548 €169,658 64.0% -
LOGISTICS VANTRIMPONT Saint-Ghislain €703,750 €145,047 43.2% 2.3
ADR EXPRESS Wortegem-Petegem €616,150 €144,116 67.6% -
PR 5 Theux €685,683 €141,913 39.7% -
Brusselaers AB Leopoldsburg €519,021 €140,883 60.4% -
Benaerens Kris Lokeren €457,846 €101,133 88.2% -
OELLIBRANDT WIM Beveren-Kruibeke-Zwijndrecht €515,090 €91,008 97.3% -

These companies have the same main activity as SOLUTION MANUTENTION: warehousing and support activities for transportation (NACE 52249). They are comparable in size and age: total assets between €458,000 and €704,000, founded between 1999 and 2007.

Official details

Source: KBO
Status
Active since 07-04-2004Normal situation
Activity
Warehousing and support activities for transportationNACE 52249and 1 other
Establishment unit
2.136.624.6416860 Léglise, since 07-04-2004
Financial year end
31 December
Peppol
Reachable since 17-07-2025
Company details

Annual accounts 2025

≈ €420,000estimated
€688,548▼ 5.2%
Employeeson 31-12-2025
1=
Filing
Filed on 31-08-2026
Financials

Insights on SOLUTION MANUTENTION

SOLUTION MANUTENTION files the micro format. That format states no turnover. The gross margin rose from €33,728 in 2007 to €169,658 in 2025.

The balance sheet grew most from 2017 to 2019 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about SOLUTION MANUTENTION

What is the company number of SOLUTION MANUTENTION?
The company number of SOLUTION MANUTENTION is 0864.595.939. The VAT number is the same number with BE in front: BE 0864.595.939.
Where is SOLUTION MANUTENTION based?
The registered office is at Rue de Luxembourg,Léglise 87, 6860 Léglise.Company details
What does SOLUTION MANUTENTION do?
According to the KBO register, the main activity is warehousing and support activities for transportation (NACE 52249).
What is the legal form of SOLUTION MANUTENTION?
SOLUTION MANUTENTION is a private limited company (BV).
When was SOLUTION MANUTENTION founded?
SOLUTION MANUTENTION was founded on 07-04-2004.
Is SOLUTION MANUTENTION still active?
Yes, SOLUTION MANUTENTION is an active enterprise in the KBO register.
How many employees does SOLUTION MANUTENTION have?
SOLUTION MANUTENTION had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SOLUTION MANUTENTION?
The turnover in financial year 2025 is ≈ €420,000. This figure is estimated from the gross margin of €169,658 and 2,203 comparable companies of the same size. It probably lies between €280,000 and €660,000. It is a rough estimate. In financial year 2019 turnover was €262,694.
Is SOLUTION MANUTENTION profitable?
In financial year 2025, SOLUTION MANUTENTION made a profit of €22,117.
Where can I find the annual accounts of SOLUTION MANUTENTION?
SOLUTION MANUTENTION filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SOLUTION MANUTENTION due?
SOLUTION MANUTENTION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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