Summary
SOLUTIONS is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €323,171 and a net result of €42,598. Equity has been growing by about 8% per year since 2018. Its solvency ranks better than 77% of 9,754 sector peers (NACE 64, financial year 2025). The company has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 14-06-1990 Normal situation
- Activity
- Activities of holding companies NACE 64210and 1 other
- Establishment unit
- 2.050.122.120 9940 Evergem, since 22-08-1990
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Board and ownership
Board
- HOSTE Karin Frieda MariaDirector
- LYBAERT Patrick Alfons PaulDirector
Financial position
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts 2025
- Profit
- €42,598
- ▼ 38.2%
- Equity
- €323,171
- ▲ 15.2%
- Total assets
- €408,580
- ▲ 9.0%
- 2025 accounts filed 61 days after the deadline
Signalsraises risk2025 accounts filed 61 days lateShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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
1 signal.
raises risk
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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 filingsDeviation from the deadline
2025
61 days late
2024
124 days late
2022
70 days late
2021
316 days late
2020
60 days late
2019
34 days late
2018
27 days late
← 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 99 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% 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 9 October (4 of the last 5 accounts filed within 54 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 61 days after the deadline Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00535345.
Annual accounts 2025 filed on 30-09-2026 at the NBB all 34 filings
Equity
€323,171▲ 15.2%
2024 · €280,573
Net result
€42,598▼ 38.2%
2024 · €68,932
Total assets
€408,580▲ 9.0%
2024 · €374,759
Solvency
79.1%▲ 4.2pp
2024 · 74.9%
In the rankings
#2 oldest company in Evergem, Finance and insurance sector
Multi-year overview
2018 to 2025, 7 financial yearsOperating result
€64,046
▼ 39.2%
2025
20182025
Net result
€42,598
▼ 38.2%
2025
middle half of the sector
20182025
Equity
€323,171
▲ 15.2%
2025
middle half of the sector
20182025
Total assets
€408,580
▲ 9.0%
2025
middle half of the sector
20182025
Debt
€85,409
▼ 9.3%
2025
20182025
Working capital
€193,844
▲ 37.6%
2025
highest quarter of the sector
20182025
Solvency
79.1%
▲ 4.2pp
2025
highest quarter of the sector
20182025
Current ratio
5.16
▲ 1.03
2025
highest quarter of the sector
20182025
Return on assets (ROA)
10.4%
▼ 8.0pp
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220242025
Operating result€4,825--€25,562-€65,687▼ 157%-€23,432▲ 64.3%€114,200€105,297-€64,046▼ 39.2%
Net result€803--€29,071-€69,744below the sector's middle half▼ 140%-€26,906below the sector's middle half▲ 61.4%€97,111above the sector's middle half€68,932within the sector's middle half-€42,598within the sector's middle half▼ 38.2%
Equity€220,123-€191,052▼ 13.2%€121,308within the sector's middle half▼ 36.5%€94,402within the sector's middle half▼ 22.2%€191,512within the sector's middle half▲ 103%€280,573within the sector's middle half-€323,171within the sector's middle half▲ 15.2%
Total assets€296,258-€391,005▲ 32.0%€357,947within the sector's middle half▼ 8.5%€323,684within the sector's middle half▼ 9.6%€380,931within the sector's middle half▲ 17.7%€374,759within the sector's middle half-€408,580within the sector's middle half▲ 9.0%
Debt€76,135-€199,953▲ 163%€236,639▲ 18.3%€229,282▼ 3.1%€189,419▼ 17.4%€94,186-€85,409▼ 9.3%
Working capital€72,922--€13,166-€62,789below the sector's middle half▼ 377%-€66,564below the sector's middle half▼ 6.0%€49,269within the sector's middle half€140,853within the sector's middle half-€193,844above the sector's middle half▲ 37.6%
Solvency74.3%-48.9%▼ 25.4pp33.9%within the sector's middle half▼ 15.0pp29.2%within the sector's middle half▼ 4.7pp50.3%within the sector's middle half▲ 21.1pp74.9%within the sector's middle half-79.1%above the sector's middle half▲ 4.2pp
Current ratio2.58-0.86▼ 1.720.55below the sector's middle half▼ 0.310.56below the sector's middle half▲ 0.011.39within the sector's middle half▲ 0.834.14within the sector's middle half-5.16above the sector's middle half▲ 1.03
Return on assets (ROA)0.3%--7.4%▼ 7.7pp-19.5%below the sector's middle half▼ 12.0pp-8.3%below the sector's middle half▲ 11.2pp25.5%above the sector's middle half▲ 33.8pp18.4%within the sector's middle half-10.4%within the sector's middle half▼ 8.0pp
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 39% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €408,580
Fixed assets
€168,194 ▼ 11.0%
Current assets
€240,386 ▲ 29.4%
Equity and liabilities €408,580
Equity
€323,171 ▲ 15.2%
Debt
€85,409 ▼ 9.3%
Debt's share of the balance-sheet total falls from 25.1% to 20.9%. Equity is higher and debt is lower.
Key figures and ratios
ROE
13.2%▼
2024 · 24.6%
Debt ≤ 1 year
€46,543▲
2024 · €44,918
Debt > 1 year
€32,235▼
2024 · €41,059
Income taxes
€22,203▼
2024 · €33,797
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | €2,964 | €4,776 | €13,444 | €12,615 |
| Financial fixed assets | - | - | - | €0 |
| Depreciation and write-downs of the year | €46,139 | €36,875 | €32,673 | €33,409 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €4,635 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,041 | €33,942 | €45,359 | €46,139 | €36,875 | €32,673 | €33,409 | ▲ 2.3% |
| Other operating charges640/8 | - | - | - | €3,366 | €3,552 | €7,333 | €4,050 | ▼ 44.8% |
| Gross operating margin9900 | €37,610 | €12,265 | -€15,243 | €26,073 | €154,627 | €145,303 | €101,505 | ▼ 30.1% |
| Operating profit (loss)9901 | €4,825 | -€25,562 | -€65,687 | -€23,432 | €114,200 | €105,297 | €64,046 | ▼ 39.2% |
| Financial income75/76B | - | - | - | €1 | €8 | €9 | €2,822 | ▲ 298× |
| Recurring financial income75 | €1 | €389 | €4 | €1 | €8 | €9 | €2,822 | ▲ 298× |
| Financial charges65/66B | - | - | - | €3,125 | €6,943 | €2,577 | €2,068 | ▼ 19.8% |
| Recurring financial charges65 | €2,063 | €2,375 | €3,730 | €3,125 | €6,943 | €2,577 | €2,068 | ▼ 19.8% |
| Profit (loss) for the period before taxes9903 | €2,762 | -€27,549 | -€69,413 | -€26,556 | €107,265 | €102,729 | €64,800 | ▼ 36.9% |
| Income taxes67/77 | €2,039 | €1,522 | €331 | €350 | €10,155 | €33,797 | €22,203 | ▼ 34.3% |
| Profit (loss) for the period9904 | €803 | -€29,071 | -€69,744 | -€26,906 | €97,111 | €68,932 | €42,598 | ▼ 38.2% |
| Profit (loss) for the period to be appropriated9905 | €959 | -€29,071 | -€69,744 | -€26,906 | €97,111 | €68,932 | €42,598 | ▼ 38.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €296,258 | €391,005 | €357,947 | €323,684 | €380,931 | €374,759 | €408,580 | ▲ 9.0% |
| Fixed assets21/28 | €177,200 | €309,965 | €281,371 | €238,196 | €206,098 | €188,988 | €168,194 | ▼ 11.0% |
| Tangible fixed assets22/27 | €177,151 | €309,915 | €281,321 | €238,147 | €206,048 | €188,938 | €168,144 | ▼ 11.0% |
| Land and buildings22 | - | - | - | €187,765 | €168,269 | €159,032 | €142,536 | ▼ 10.4% |
| Plant, machinery and equipment23 | - | - | - | €7,486 | €6,716 | €7,313 | €8,810 | ▲ 20.5% |
| Furniture and vehicles24 | - | - | - | €42,896 | €31,063 | €22,593 | €16,798 | ▼ 25.6% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €119,057 | €81,040 | €76,576 | €85,487 | €174,834 | €185,771 | €240,386 | ▲ 29.4% |
| Amounts receivable within one year40/41 | €87,242 | €56,974 | €33,867 | €40,590 | €69,841 | €82,797 | €113,502 | ▲ 37.1% |
| Trade receivables40 | - | - | - | €29,901 | €68,074 | €39,383 | €51,574 | ▲ 31.0% |
| Other amounts receivable41 | - | - | - | €10,689 | €1,767 | €43,414 | €61,929 | ▲ 42.6% |
| Cash at bank and in hand54/58 | €26,681 | €21,994 | €36,053 | €38,322 | €103,547 | €92,815 | €117,961 | ▲ 27.1% |
| Deferred charges and accrued income490/1 | - | - | - | €6,575 | €1,445 | €10,159 | €8,923 | ▼ 12.2% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €296,258 | €391,005 | €357,947 | €323,684 | €380,931 | €374,759 | €408,580 | ▲ 9.0% |
| Equity10/15 | €220,123 | €191,052 | €121,308 | €94,402 | €191,512 | €280,573 | €323,171 | ▲ 15.2% |
| Contributions10/11 | €10,084 | €10,084 | - | €10,084 | €10,084 | €10,084 | €10,084 | = |
| Reserves13 | €2,000 | €2,000 | €2,000 | €2,000 | €99,000 | €270,489 | €313,087 | ▲ 15.7% |
| Non-distributable reserves130/1 | - | - | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | - | - | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Distributable reserves133 | - | - | - | - | €97,000 | €268,489 | €311,087 | ▲ 15.9% |
| Profit (loss) carried forward14 | €208,039 | €178,968 | €109,224 | €82,318 | €82,428 | €0 | - | - |
| Amounts payable17/49 | €76,135 | €199,953 | €236,639 | €229,282 | €189,419 | €94,186 | €85,409 | ▼ 9.3% |
| Amounts payable after more than one year17 | €29,999 | €104,128 | €97,274 | €74,562 | €58,211 | €41,059 | €32,235 | ▼ 21.5% |
| Financial debts170/4 | - | - | - | €74,562 | €58,211 | €41,059 | €32,235 | ▼ 21.5% |
| Amounts payable within one year42/48 | €46,136 | €94,206 | €139,365 | €152,051 | €125,565 | €44,918 | €46,543 | ▲ 3.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €22,712 | €17,208 | €8,657 | €8,823 | ▲ 1.9% |
| Trade debts44 | €3,594 | €6,782 | €5,674 | €10,882 | €4,655 | €741 | €2,846 | ▲ 284% |
| Suppliers440/4 | - | - | - | €10,882 | €4,655 | €741 | €2,846 | ▲ 284% |
| Taxes, remuneration and social security45 | - | - | - | €7,081 | €19,451 | €35,520 | €34,874 | ▼ 1.8% |
| Taxes450/3 | - | - | - | €7,081 | €19,451 | €35,520 | €34,874 | ▼ 1.8% |
| Other amounts payable47/48 | - | - | - | €111,377 | €84,251 | €0 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €2,669 | €5,643 | €8,209 | €6,631 | ▼ 19.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €803 | -€29,071 | -€69,744 | -€26,906 | €97,111 | €68,932 | €42,598 | ▼ 38.2% |
| + Depreciation and write-downs630 | €28,041 | €33,942 | €45,359 | €46,139 | €36,875 | €32,673 | €33,409 | ▲ 2.3% |
| Operating cash flow (approximation) | €28,844 | €4,871 | -€24,385 | €19,233 | €133,985 | €101,604 | €76,007 | ▼ 25.2% |
| Investment in fixed assets (approximation) | - | -€166,706 | -€16,765 | -€2,964 | -€4,776 | - | -€12,615 | - |
| Change in cash | - | -€4,688 | €14,059 | €2,269 | €65,226 | - | €25,146 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 34 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-09-2026 | 2026-00535345 | |
| 31-12-2024 | micro format | 02-12-2025 | 2025-00579934 | |
| 31-12-2022 | micro format | 09-10-2023 | 2023-00479975 | |
| 31-12-2021 | micro format | 12-06-2023 | 2023-00121264 | |
| 31-12-2020 | micro format | 29-09-2021 | 2021-69500267 | |
| 31-12-2019 | micro format | 03-09-2020 | 2020-50500412 | |
| 31-12-2018 | micro format | 27-08-2019 | 2019-55700413 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-61500007 | |
| 31-12-2016 | micro format | 29-09-2017 | 2017-65000205 | |
| 31-12-2015 | abbreviated format | 28-07-2016 | 2016-36700049 |
Board & ownership
Directors
Directors
2 directors, last change in 2023
HOSTE Karin Frieda Maria
Current
Director (not named in the articles) · appointed in the act of 22-12-2023 · earlier manager (not named in the articles), until 22-12-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 30-09-2026
LYBAERT Patrick Alfons Paul
Current
Director (not named in the articles) · appointed in the act of 22-12-2023 · earlier manager (not named in the articles), until 22-12-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 30-09-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 22-12-2023Owners and capital
Owners
Mandate history
2 people, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| HOSTE Karin Frieda Maria |
|
| LYBAERT Patrick Alfons Paul |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Ad nutum bij besluit algemene vergadering, herroeping niet-statutair bestuurder”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, een of meerdere andere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen”
Articles of association, deed of 22-12-2023 (in Dutch)
Network & group
SOLUTIONS shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of SOLUTIONS. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
30-09
micro format · 61 days late
2025
02-12
micro format · 124 days late
2024
31-12
Financial
Liquidity more than doubledcurrent ratio 4.14
The current ratio rises from 1.39 to 4.14. Short-term debt falls from €125,565 to €44,918.
31-12
Financial
Equity above €200,000equity €280,573 ▲46.5%
After 2 profitable years in a row, equity reaches €280,573.
2023
22-12
Gazette deed
Changes of role: LYBAERT Patrick Alfons Paul (director) and HOSTE Karin Frieda Maria (director)Registered office clause · Power of attorney · Amendment of the articles16 points ▸
Gazette deed
Changes of role: LYBAERT Patrick Alfons Paul (director) and HOSTE Karin Frieda Maria (director)
Registered office clause · Power of attorney · Amendment of the articles16 points ▸
- Registered office clause, “Snepdreef 25”, 9940 (deed in Dutch)
- Power of attorney
- Power of attorney, Inès Staessens
- General meeting, 07-12-2023
- Amendment of the articles, mentioned 3 times in the deed
- Capital conversion, “van rechtswege omgezet, artikel 39,§2,wet van 2019-03-23” (deed in Dutch)
- Director resignation, LYBAERT Patrick Alfons Paul (manager (not named in the articles))
- Director resignation, HOSTE Karin Frieda Maria (manager (not named in the articles))
- Director appointment, LYBAERT Patrick Alfons Paul (director (not named in the articles))
- Director appointment, HOSTE Karin Frieda Maria (director (not named in the articles))
- Other provision, “aanvaarding mandaat en geen-verzetverklaring, aanvaardt mandaat,bevestigt niet getroffen door verzetsmaatregel” (deed in Dutch)
- Other provision, 06-12-2023
- The act holds 4 more points.
09-10
micro format · 70 days late
12-06
micro format · 316 days late
2022
31-12
Financial
Back to profitnet €97,111
The net result is €97,111, after 3 loss-making years.
31-12
Financial
Liquidity more than doubledcurrent ratio 1.39
The current ratio rises from 0.56 to 1.39. Short-term debt falls from €152,051 to €125,565.
31-12
Financial
Equity above €150,000equity €191,512 ▲103%
Equity rises from €94,402 to €191,512.
2021
29-09
micro format · 60 days late
2020
31-12
Financial
Weakest financial yearnet -€69,744
The net result drops to -€69,744, the lowest from 2018 to 2025. It recovers the following year.
Show earlier events
03-09
micro format · 34 days late
2019
27-08
micro format · 27 days late
2018
31-08
micro format · 31 days late
2017
29-09
micro format · 60 days late
2016
28-07
abbreviated format · 3 days before the deadline
1990
05-07
Gazette deed
Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
SOLUTIONS in Dutch
Enterprise number
0441.107.894
Legal form
Private limited company
Status
Active, normale toestand
Founded
14-06-1990
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 22-12-2023 (in Dutch)Registered office and establishments
Registered office
Snepdreef 25, 9940 Evergem, Belgium
Establishment unit
SOLUTIONS, Tervenen 98, 9940 Evergem since 22-08-1990 · unit number 2.050.122.1206920101 Certified accountants and tax accountants
Activities
NACEBEL 202564210
Activities of holding companies main activity
82100
Office administrative and support services
Codes under NACEBEL 2008
64200
Holdings main activity
82110
Office administrative, office support and other business support activities
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 22-12-2023 (in Dutch)
“Consulting,inclusief de verhuur en verkoop van soft- en hardware,alsmede de administratieve en technische ondersteuning; Dit alles in de…”
5 activities
- Consulting,inclusief de verhuur en verkoop van soft- en hardware,alsmede de administratieve en technische ondersteuning.
- Dit alles in de meest ruime zin.
- De vennootschap handelt voor eigen rekening,in consignatie,in commissie,als tussenpersoon of als vertegenwoordiger.
- Zij mag deelnemen in alle ondernemingen die een gelijkaardig voorwerp nastreven,ook aanverwant,of die de verwezenlijking van haar voorwerp vergemakkelijken.
- In de algemene regel mag de vennootschap alle daden stellen van burgerlijke als commerciële aard,roerende,onroerende,industriële of financiële aard,welke rechtstreeks of onrechtstreeks,geheel of gedeeltelijk in verband staan met haar voorwerp.
Invoicing and payment
VAT number
BE 0441.107.894
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Environmental permits
1 application in Flanders since 2018 · 1 granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Source: Omgevingsloket Vlaanderen.
Sites & property
Location
Buildings and parcels at the addresses
Ground area
4,437 m²
Building footprint
690 m²
Building volume
3,308 m³
Tallest building: 9.1 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 43006E0254/00H000 | Flanders | 2,914 m² | 1 · 465 m² | 9.1 m · 2 |
| 43006E0288/00E000 | Flanders | 1,523 m² | 1 · 225 m² | 8.4 m · 2 |