SOLUTIONS DIRECT
The computed 12-month bankruptcy probability of SOLUTIONS DIRECT is 0.3% (very low). The 2023 annual accounts show equity of €26k and a net result of €10k. Equity is shrinking by ~6.9% per year across the filed fiscal years. The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €26k |
| Net result | €10k |
| Active | 34 yrs |
| Locations | 1 |
Strong profile, led by profitability.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2023 |
|---|---|
| Revenue | — |
| EBITDA | €30k |
| Net profit | €10k |
| Cash flow | €24k |
| Staff costs | — |
| Income taxes | €2k |
| Dividends | — |
| Total assets | €223k |
| Equity | €26k |
| Debt | €198k |
| of which ≤ 1y | €84k |
| of which > 1y | €113k |
| Working capital | €-14k |
| Employees (FTE) | — |
| 2023 | |
|---|---|
| Current ratio | 0.83 |
| Quick ratio | 0.83 |
| Working capital ratio | -6.2% |
| Solvency | 11.5% |
| Debt / equity | 7.71 |
| Long-term debt ratio | 4.43 |
| Interest coverage | 8.50 |
| Gross margin | — |
| Net margin | — |
| ROA | 4.6% |
| ROE | 40.1% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €223k |
| Fixed assets | 21/28 | €153k |
| Tangible fixed assets | 22/27 | €153k |
| Financial fixed assets | 28 | €250 |
| Current assets | 29/58 | €70k |
| Amounts receivable within one year | 40/41 | €23k |
| Investments | 50/53 | €33 |
| Cash & bank | 54/58 | €46k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €223k |
| Equity | 10/15 | €26k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €5k |
| Amounts payable | 17/49 | €198k |
| Amounts payable after one year | 17 | €113k |
| Amounts payable within one year | 42/48 | €84k |
| Trade debts payable within one year | 44 | €39k |
| Income statement | ||
| Gross operating margin | 9900 | €42k |
| Operating result | 9901 | €16k |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €12k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €10k |
| Result to be appropriated | 9905 | €10k |
| NACE primary | 82100 |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 22-01-1992 |
| Status | Active |
| Postal code | 1731 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25742H0278/00B000indicative | Wallonia | 1,233 m² | 1 · 189 m² | 16.1 m · 5 fl. |
| 23095C0181/00M017 | Flanders | 1,094 m² | 1 · 270 m² | 20.5 m · 5 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | SOLUTIONS DIRECT |