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SOLUTIONS

Active
Private limited companyfounded 2024active for 2 yearsPaterswegel 1, 8790 Waregem, BelgiumKBO/BCE: BE 1004.694.821
Summary

SOLUTIONS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56,681 and a net result of €8,681. Its solvency ranks better than 58% of 13,576 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, micro format

Equity
€56,681
Total assets
€110,396
Net result
€8,681
Working capital
€52,661

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €110,396
Fixed assets €4,020
Current assets €106,376
Equity and liabilities €110,396
Equity €56,681
Debt €53,715
Debt finances 48.7% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€19,877
Cash flow
€10,840
Current ratio
1.98
Debt to equity
0.95
ROE
15.3%
ROA
7.9%
Interest coverage
5.27
Debt ≤ 1 year
€53,715
Income taxes
€5,274
Staff costs
€27,897

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 38 lines
Balance sheet Code2025
Assets
Total assets20/58€110,396
Fixed assets21/28€4,020
Intangible fixed assets21€4,020
Current assets29/58€106,376
Amounts receivable within one year40/41€29,221
Trade receivables40€28,189
Other amounts receivable41€1,032
Cash at bank and in hand54/58€74,084
Deferred charges and accrued income490/1€3,072
Equity and liabilities
Total equity and liabilities10/49€110,396
Equity10/15€56,681
Contributions10/11€48,000
Reserves13€8,681
Distributable reserves133€8,681
Amounts payable17/49€53,715
Amounts payable within one year42/48€53,715
Trade debts44€29,555
Suppliers440/4€29,555
Taxes, remuneration and social security45€14,511
Taxes450/3€10,842
Remuneration and social security454/9€3,669
Other amounts payable47/48€9,650
Income statement Code2025
Remuneration, social security and pensions62€27,897
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,159
Other operating charges640/8€2,018
Gross operating margin9900€49,792
Operating profit (loss)9901€17,718
Financial income75/76B€8
Recurring financial income75€8
Financial charges65/66B€3,771
Recurring financial charges65€3,771
Profit (loss) for the period before taxes9903€13,955
Income taxes67/77€5,274
Profit (loss) for the period9904€8,681
Profit (loss) for the period to be appropriated9905€8,681
Appropriation of the result
Profit (loss) to be appropriated9906€8,681
Transfer to equity691/2€8,681
To other reserves6921€8,681

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€27,897
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,159
Other operating charges640/8€2,018
Gross operating margin9900€49,792
Operating profit (loss)9901€17,718
Financial income75/76B€8
Recurring financial income75€8
Financial charges65/66B€3,771
Recurring financial charges65€3,771
Profit (loss) for the period before taxes9903€13,955
Income taxes67/77€5,274
Profit (loss) for the period9904€8,681
Profit (loss) for the period to be appropriated9905€8,681
Line2025
Assets
Total assets20/58€110,396
Fixed assets21/28€4,020
Intangible fixed assets21€4,020
Current assets29/58€106,376
Amounts receivable within one year40/41€29,221
Trade receivables40€28,189
Other amounts receivable41€1,032
Cash at bank and in hand54/58€74,084
Deferred charges and accrued income490/1€3,072
Equity and liabilities
Total equity and liabilities10/49€110,396
Equity10/15€56,681
Contributions10/11€48,000
Reserves13€8,681
Distributable reserves133€8,681
Amounts payable17/49€53,715
Amounts payable within one year42/48€53,715
Trade debts44€29,555
Suppliers440/4€29,555
Taxes, remuneration and social security45€14,511
Taxes450/3€10,842
Remuneration and social security454/9€3,669
Other amounts payable47/48€9,650
Line2025
Profit (loss) for the period9904€8,681
+ Depreciation and write-downs630€2,159
Operating cash flow (approximation)€10,840

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 10-03-2026 2026-00052718

Similar companies · same sector, comparable size

Of the 4,316 active companies whose main activity is agents specialised in the wholesale of other particular products (NACE 46180), figures are known for 1,885. 1,365 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.