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SOLUTION PRACTICES

Active
Private limited companyfounded 2017active for 9 yearsWilgenroosstraat 2, 8200 Brugge, BelgiumKBO/BCE: BE 0675.722.685

From the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

SOLUTION PRACTICES has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €206,475 and a net result of €20,987. Equity has been growing by about 13% per year since 2019. Its solvency ranks better than 88% of 2,598 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 15-05-2017 Normal situation
Legal form
Private limited company
Registered office
Wilgenroosstraat 2, 8200 Brugge
Activity
Socio-cultural adult education NACE 85593and 1 other
Establishment unit
2.264.884.969 8200 Brugge, since 15-05-2017
Financial year end
30 June
Peppol
Reachable since 18-12-2025

Board and ownership

Board

Financial position

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 30-06-2025
Gross margin
€41,801
▼ 0.2%
Turnover
≈ €170,000
estimated
Profit
€20,987
▼ 9.7%
Equity
€206,475
▲ 11.3%
Total assets
€237,587
▲ 1.5%
2025 accounts filed 75 days before the deadline
Filed on 17-11-2025PDF
Score breakdownlowers riskLiquidity: current ratio 7.21, cash €202,853Sector: Education (NACE 85)Equity €206,475 (86.9% of total assets)Size: total assets €237,587Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 75% of micro companies in education (NACE 85)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 86.9% of total assets
Liquidity 98+5
short-term debt 13.1% · cash 85.4%
Profitability 80-1
return on assets 8.8%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (3,820 companies, NACE 85, micro)
Last 24 months 11-2024: < 0.1%highest value 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 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: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €20,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 7.21 (4.36 in 2024), above the usual 1.5. Short-term debt is 13.1% and cash 85.4% of total assets. 13.1% 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 85, micro). It does better than 88% of them on solvency, 91% on liquidity, 59% on profitability and 63% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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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Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 7.21, cash €202,853
NBB · annual accounts
lowers risk · Sector: Education (NACE 85)
KBO
lowers risk · Equity €206,475 (86.9% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €237,587
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-11-2025, 75 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
75 days early
2024
85 days early
2023
40 days early
2022
22 days early
2021
42 days early
2020
36 days early
2019
46 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 49 days before the deadline. In the sector (NACE 85), the median for financial year 2024 was 16 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 20 December (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end01-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 88% of companies in educationsector median 44.0% · 2,598 companies 86.9% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €20,987 7 years View

Documents

Annual accounts at the NBB

All 8 annual accounts

Articles and registers

Key facts about SOLUTION PRACTICES

What is the company number of SOLUTION PRACTICES?
The company number of SOLUTION PRACTICES is 0675.722.685. The VAT number is the same number with BE in front: BE 0675.722.685.
Where is SOLUTION PRACTICES based?
The registered office is at Wilgenroosstraat 2, 8200 Brugge.Company details
What does SOLUTION PRACTICES do?
According to the KBO register, the main activity is socio-cultural adult education (NACE 85593).
What is the legal form of SOLUTION PRACTICES?
The legal form of SOLUTION PRACTICES is Private limited company (BV).
When was SOLUTION PRACTICES founded?
SOLUTION PRACTICES was founded on 15-05-2017.
Is SOLUTION PRACTICES still active?
Yes, SOLUTION PRACTICES is an active enterprise in the KBO register.
What is the turnover of SOLUTION PRACTICES?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €41,801 and 2,949 comparable companies of the same size. It probably lies between €100,000 and €300,000. It is a rough estimate.Financials
Is SOLUTION PRACTICES profitable?
In financial year 2025, SOLUTION PRACTICES made a profit of €20,987.
Where can I find the annual accounts of SOLUTION PRACTICES?
SOLUTION PRACTICES filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of SOLUTION PRACTICES due?
SOLUTION PRACTICES must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

Comparable companies

These companies have the same main activity as SOLUTION PRACTICES: socio-cultural adult education (NACE 85593). They are comparable in size and age: total assets between €151,000 and €351,000, founded between 2008 and 2020.

CompanyTotal assetsGross margin
SOLUTION PRACTICES Brugge€237,587€41,801
THEATERGARAGE Antwerpen€350,540€53,755
E-duform La Roche-en-Ardenne€150,835€26,205
Calme Oudenaarde€346,406€94,953
DE VOLLE GROND Antwerpen€162,261€91,951
ART COACHING DE ROUCK Genappe€293,703€12,071
FORMACTION OLIVIER STRUYS & CIE Modave€311,481€35,198
Full comparison

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