Skip to content

Solutions Development Projects

Active Public limited companyfounded 1989active for 37 yearsVijfstraten 18, 9100 Sint-NiklaasKBO/BCE: BE 0437.776.044 subsidiary of Fontibus#3 oldest company in Sint-Niklaas, Telecoms and IT sector
Solutions Development Projects
Financial year 2025
Follow ReportCompare

Annual accounts 2025

full format, filed on 22-07-2026, 9 days before the deadline
€379,584
€326,128
▲ 58.0%
€366,640
▲ 35.7%
€363,741
▲ 46.5%
-21.9%
▲ 3.9 percentage points
1.36
▲ 0.24
In the rankings #3 oldest company in Sint-Niklaas, Telecoms and IT sector

Money flows

no detail for 2025

Balance sheet

balance sheet total €3.0m on 31-12-2025
What the company ownsHow it is paid for

in euro

in €m

Position in the sector

Compare with sector

-21.9%

Higher than 7% of 224 companies in 2025.

1.36

Higher than 40% of 219 companies in 2025.

10.9%

Higher than 74% of 223 companies in 2025.

Solutions Development Projects Middle half of the sector 80% of the sector Full accounts in computing infrastructure and information services (NACE 63)

Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half · Staff: bottom quarter

Staff

Men and women

Not in that year's accounts.

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 3.0m3.8m5.8m6.1m7.5m227,263140,7221212414433831729389670212,0107,17723,38645,471
21/28 71,277136,5791.9m1.8m2.4m64,41978,394----------5,20610,411-
21 40,58351,9161.7m1.6m2.0m---------------
22/27 24,74578,713162,803246,984317,27059,91973,894----------5,20610,411-
23 1,77310,40341,26760,63982,4351,7012,187-------------
24 18,42844,17137,24547,90030,00711,93511,694----------5,20610,411-
25 014,19168,940123,771190,551---------------
26 4,5439,94715,35114,67414,276---------------
28 5,9505,950--4,5004,5004,500-------------
284/8 -5,950--4,5004,500--------------
285/8 -5,950--4,5004,500--------------
29/58 2.9m3.6m4.0m4.3m5.1m162,84562,3281212414433831729389670212,0101,97112,97545,471
29 500,000500,000------------------
291 500,000500,000------------------
3 -01.5m1.8m1.8m---------------
30/36 -01.5m1.8m1.8m---------------
34 -01.5m1.8m1.8m---------------
40/41 2.3m2.4m2.1m2.1m2.8m129,03742,758-------390364348921,68843,840
40 2.3m2.3m1.7m1.6m2.5m127,36240,105--------122--1,68810,082
41 73153,873397,739504,944294,6681,6762,654-------39024234892-33,758
54/58 90,984751,806283,253308,547551,94933,54218,7331212414433831729350633811,6051,4973,0391,631
490/1 7,5393,21322,2923,4712,672265836---------573828,248-
Balance sheet: equity and liabilities
10/49 3.0m3.8m5.8m6.1m7.5m227,263140,7221212414433831729389670212,0107,17723,38645,471
10/15 -649,905-973,134-1.2m-1.2m228,927-274,323-154,623-41,646-38,880-36,053-33,596-31,059-28,969-25,740-24,137-22,392-20,955-24,230-9,95032,582
10/11 606,594606,594606,594606,594606,594106,594106,594106,594106,594106,594106,594106,594106,594106,594106,594106,594106,594106,594106,594106,594
10 606,594606,594606,594606,594606,594---------------
100 606,594606,594606,594606,594606,594106,594106,594106,594106,594106,594106,594106,594106,594106,594106,594106,594106,594106,594106,594106,594
14 -1.3m-1.6m-1.8m-1.8m-377,667-380,918-261,217-148,241-145,475-142,647-140,190-137,653-135,563-132,334-130,731-128,986-127,549-130,824-116,544-74,012
17/49 3.6m4.8m7.0m7.3m7.2m501,587295,34441,65838,88236,07733,73931,39829,28626,03325,03323,09432,96531,40733,33612,889
17 1.5m1.5m4.8m4.8m3.7m406,83030,219----------3,0028,150-
170/4 1.5m1.5m1.5m1.5m449,702406,83030,219----------3,0028,150-
170 -1.5m1.5m1.5m400,000400,000--------------
172 -02,59521,13649,7026,830--------------
178/9 --3.3m3.3m3.3m---------------
42/48 2.1m3.2m2.2m2.5m3.5m94,757265,12541,65838,88236,07733,73931,39829,28626,03324,59423,09432,96528,40525,18612,889
42 02,60318,54151,40658,39725,33723,346---------3,0035,1475,147-
43 035,746133,009153,43489,465---------------
430/8 035,74641,034-----------------
439 -091,975153,43489,465---------------
44 681,8621.6m1.7m1.9m2.2m31,12678,769---750--1,000--5,04517815,6904,584
440/4 681,8621.6m1.7m1.9m2.2m31,12678,769---750--1,000--5,04517815,6904,584
45 02,961278,764366,677316,31333,72512,230---------1,837-4,3498,305
450/3 02,68096,123125,031119,0736,3996,193---------1,837-4,1894,490
454/9 0281182,640241,646197,24027,3276,036-----------1603,815
47/48 1.4m1.6m026,011853,5914,569150,78041,65838,88236,07732,98931,39829,28625,03324,59423,09423,08023,080--
492/3 015,712------------439-----
Income statement
70/76A -10.5m10.0m9.5m8.1m209,082--------------
70 -8.5m9.0m9.0m7.1m197,234--------------
72 -0492,482-600,000---------------
74 -2.0m454,424594,439381,231---------------
76A 14,1917,328020028,690-----------3,794---
9900 379,584------14,660-841-756-1,152-541-614-1,137-1,610-1,276-1,08247026,11868,5554,464
60/66A -10.3m9.9m11.0m8.1m318,321--------------
60 -7.5m6.1m6.9m5.2m4,466--------------
600/8 -6.0m5.8m6.9m5.2m4,466--------------
609 -1.5m314,868-38,456-41,046---------------
61 -1.3m1.6m1.7m1.5m50,699--------------
62 5,091861,9311.6m1.9m1.1m243,11479,173----------33,787104,53435,579
630 40,51263,797546,2981.2m335,66918,42910,502----------5,2055,205-
631/4 02,6551,755-----------------
640/8 4,005497,9677,7939,78617,5571,6125,124404658-398347123--226591643975753
649 --0-702,734----------------
66A 3,84801,2131,076----------------
9901 326,128206,38554,641-1.4m26,056-109,239-109,459-1,245-1,415-1,152-940-962-1,260-1,610-1,276-1,308-121-13,517-42,159-31,868
75/76B 4,4392,18932,05417,7424,457-20------21--121052
75 4,4392,18932,05417,7424,457-20------21--121052
751 -4472,5504,613----------------
752/9 -1,74229,50513,1294,457---------------
65/66B 7,33921,39323,23939,51613,2439,7873,2181,5211,4131,3061,5971,1291,9691446912939876547811
65 7,33921,39323,23939,51613,2439,7873,2181,5211,4131,3061,5971,1291,9691446912939876547811
650 -5,0074,1248,0001,0079,460--------------
652/9 -16,38619,11531,51612,237327--------------
9903 323,229187,18163,456-1.5m17,269-119,025-112,657-2,766-2,828-2,457-2,536-2,091-3,229-1,603-1,745-1,4373,275-14,280-42,532-31,877
67/77 -02,6803,947-5,77414,019675319-------------
670/3 -2,6803,9474,81714,019675--------------
77 --010,591----------------
9904 323,229184,50159,509-1.4m3,250-119,701-112,976-2,766-2,828-2,457-2,536-2,091-3,229-1,603-1,745-1,4373,275-14,280-42,532-31,877
9905 323,229184,50159,509-1.4m3,250-119,701-112,976-2,766-2,828-2,457-2,536-2,091-3,229-1,603-1,745-1,4373,275-14,280-42,532-31,877
Appropriation of the result
9906 -1.3m-1.6m-1.8m-1.8m-377,667-380,918-261,217-148,241-145,475-142,647-140,190-137,653-135,563-132,334-130,731-128,986-127,549-130,824-116,544-74,012
14P -1.6m-1.8m-1.8m-377,667-380,918---------------
Social balance sheet
9087 011.73.921183.91.3----------0.32.30.9
Men (FTE)1003 -9.73.318.214.72.2--------------
Women (FTE)1003 -20.62.83.31.8--------------
Hours worked1013 -19,3545,73734,79528,3976,4482,297----------5784,1151,596
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 17 older financial years (1989-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 18 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 22-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 22-07-2026 2026-00317141 PDF
31-12-2024 full format 24-07-2025 2025-00301566 PDF
31-12-2023 full format 18-07-2024 2024-00269457 PDF
31-12-2022 full format 26-07-2023 2023-00279988 PDF
31-12-2021 full format 22-07-2022 2022-20225658 PDF
31-12-2020 full format 12-05-2021 2021-14000417 PDF
31-12-2019 micro format 10-07-2020 2020-28600537 PDF
31-12-2018 micro format 27-06-2019 2019-24500218 PDF
31-12-2017 micro format 28-06-2018 2018-24400099 PDF
31-12-2016 micro format 26-06-2017 2017-21100168 PDF
31-12-2015 abbreviated format 14-06-2016 2016-17400225 PDF
31-12-2014 abbreviated format 24-07-2015 2015-34000318 PDF
31-12-2013 abbreviated format 09-07-2014 2014-28400089 PDF
31-12-2012 abbreviated format 16-07-2013 2013-30800071 PDF
31-12-2011 abbreviated format 19-06-2012 2012-18400293 PDF
31-12-2010 abbreviated format 08-07-2011 2011-27600105 PDF
31-12-2009 abbreviated format 23-06-2010 2010-20900457 PDF
31-12-2008 abbreviated format 23-07-2009 2009-46000108 PDF
31-12-2007 abbreviated format 22-07-2008 2008-44400136 PDF
31-12-2006 abbreviated format 21-06-2007 2007-26200374 PDF
31-12-2005 abbreviated format 20-06-2006 2006-27800755 PDF
31-12-2004 abbreviated format 14-06-2005 2005-25501392 PDF
31-12-2003 abbreviated format 15-06-2004 2004-24802698 PDF
31-12-2002 abbreviated format 18-07-2003 2003-47101588 PDF
31-12-2001 abbreviated format 06-09-2002 2002-54002028 PDF
31-12-2000 abbreviated format 01-08-2001 2001-47000091 PDF
31-12-1999 abbreviated format 28-06-2000 2000-30500392 PDF
31-12-1998 abbreviated format 14-07-1999 1999-33604717 PDF
31-12-1997 abbreviated format 13-07-1998 1998-32200928 PDF
31-12-1996 abbreviated format 10-11-1997 1997-52403926 PDF
31-12-1995 abbreviated format 28-06-1996 1996-27403752 PDF
31-12-1994 abbreviated format 17-07-1995 1995-40301624 PDF
31-12-1993 abbreviated format 17-06-1994 1994-16601221 PDF
31-12-1992 abbreviated format 24-03-1993 1993-04004847 PDF
31-12-1991 abbreviated format 24-03-1993 1993-04004858 PDF
31-12-1990 abbreviated format 24-03-1993 1993-04004869 PDF
31-12-1989 abbreviated format 24-10-1990 1990-26604750 PDF

Subsidies and aid

Flemish government 2022 to 2024, 5 entries, €57,185 awarded, €57,185 paid

Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
€55,483
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€1,702
Year Entries AwardedPaid
2024 1 €9,687€9,687
2023 2 €24,773€24,845
2022 2 €22,725€22,653

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
366,640270,181600,939-187,650361,725-90,810-98,957-----------8,312-36,954-
363,741248,297605,807-203,650338,920-101,272-102,474-----------9,075-37,327-
0-1.7m579,12646,6699.5m4,45488,896----------015,616-
-660,823468,554-25,295-243,402518,40714,80918,72111-23-119-1952124-213168-11,26710,108-1,5421,408-
770,688397,8701.8m1.7m1.6m68,088-202,797-41,646-38,880-36,053-33,596-31,059-28,969-25,740-23,698-22,392-20,955-26,434-12,21132,582
-2.4%0.6%-16.0%0.4%-55.4%--------------
-21.9%-25.7%-19.8%-19.9%3.1%-120.7%-109.9%----------174.5%-337.6%-42.5%71.7%
1.361.121.831.691.461.720.24---------0.360.070.523.53
1.361.121.130.970.951.720.24---------0.360.070.523.53
----31.63--------------0.40
----1.4%---------------97.8%
10.9%4.9%1.0%-23.6%0.0%-52.7%-80.3%---------27.3%-199.0%-181.9%-70.1%
49.9653.96over 100-23.46over 100-9.60--------------
-101 days70 days66 days126 days236 days--------------
-67 days82 days82 days120 days206 days--------------

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

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.

Social balance sheet

Item31-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date-172123
full-time-121418
part-time-575
in full-time equivalents-1619.622
11.73.92118
On a permanent contract-172123
Joined01128
Left17039
Training hours--1,959-

Source: social balance sheet in the 2021 to 2024 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets--€18,644€46,669€1.9m
Intangible fixed assets--€560,482-€7.6m
Financial fixed assets€0----
€40,512€63,797€546,298€1.2m€335,669

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on Solutions Development Projects

The operating result for 2025 is 58% higher than in 2024 and the highest since 2006. It is the third rise in a row, after the fall in 2022.

Equity is negative. Debt (€3.6m) exceeds the balance-sheet total (€3.0m).

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed

We would like to set cookies. That happens only with your consent. What we measure