SOLUTRA
InactiveFinancials · financial year 2025, full format
Turnover
≈ €1.1m
Estimated: probably between €670,000 and €1.9m
EBIT margin
Not included in this filing
Net result
€374,723▼ 7.1%
2024 · €403,537
Working capital
€968,684▲ 66.7%
2024 · €581,238
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result has fallen two years in a row; 2025 is 7% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.2m
2025
Net result€0.4m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€7.9m
2025
Equity€3.3m
2025
Debt€4.6m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€1.0m
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.2m-€0.2m▼ 15.1%€0.2m▲ 21.4%€0.2m▼ 22.0%€0.2m▲ 34.6%€0.2m▼ 13.4%€0.2m▼ 6.8%
Net result€0.3m-€0.2m▼ 5.3%€0.2m▼ 1.5%€0.3m▲ 2.4%€0.3m▲ 18.2%€0.4m▲ 36.1%€0.4m▼ 7.1%
Equity€1.5m-€1.7m▲ 17.0%€2.0m▲ 14.3%€2.2m▲ 12.8%€2.5m▲ 13.5%€2.9m▲ 16.1%€3.3m▲ 12.9%
Total assets€6.3m-€7.0m▲ 10.1%€6.8m▼ 2.5%€6.7m▼ 1.3%€6.8m▲ 1.4%€7.8m▲ 14.4%€7.9m▲ 1.0%
Debt€4.9m-€5.3m▲ 8.1%€4.8m▼ 8.0%€4.5m▼ 7.0%€4.3m▼ 4.6%€4.9m▲ 13.4%€4.6m▼ 6.1%
Working capital-€2.6m--€0.7m▲ 72.9%-€0.04m▲ 94.5%€0.2m€0.3m▲ 33.4%€0.6m▲ 108%€1.0m▲ 66.7%
Staff (FTE)0
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.9m
Fixed assets
€5.9m ▼ 2.3%
Current assets
€2.0m ▲ 12.4%
Equity and liabilities €7.9m
Equity
€3.3m ▲ 12.9%
Debt
€4.6m ▼ 6.1%
Debt's share of the balance-sheet total falls from 62.7% to 58.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€446,071▼
2024 · €619,392
Cash flow
€646,694▼
2024 · €836,075
Current ratio
1.98▲
2024 · 1.50
Debt to equity
1.40▼
2024 · 1.68
ROE
11.4%▼
2024 · 13.9%
ROA
4.8%▼
2024 · 5.2%
Interest coverage
4.00▼
2024 · 4.38
Debt ≤ 1 year
€986,173▼
2024 · €1.2m
Debt > 1 year
€3.5m▼
2024 · €3.7m
Income taxes
€47,324▲
2024 · €13,888
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €250 | €36,586 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €193,784 | €224,040 | €225,246 | €237,468 | €287,060 | €432,538 | €271,972 | ▼ 37.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | €1,047 | - |
| Other operating charges640/8 | - | - | - | €19,099 | €20,232 | €41,033 | €22,218 | ▼ 45.9% |
| Gross operating margin9900 | €409,062 | €411,962 | €450,339 | €416,924 | €523,180 | €660,425 | €469,336 | ▼ 28.9% |
| Operating profit (loss)9901 | €199,668 | €169,418 | €205,624 | €160,357 | €215,887 | €186,855 | €174,100 | ▼ 6.8% |
| Financial income75/76B | - | - | - | €168,910 | €181,487 | €372,077 | €359,360 | ▼ 3.4% |
| Recurring financial income75 | €174,434 | €168,125 | €183,889 | €168,910 | €181,487 | €372,077 | €359,360 | ▼ 3.4% |
| Financial charges65/66B | - | - | - | €43,788 | €50,972 | €141,507 | €111,414 | ▼ 21.3% |
| Recurring financial charges65 | €62,408 | €36,811 | €100,923 | €43,788 | €50,972 | €141,507 | €111,414 | ▼ 21.3% |
| Profit (loss) for the period before taxes9903 | €311,694 | €300,733 | €288,591 | €285,479 | €346,403 | €417,425 | €422,047 | ▲ 1.1% |
| Income taxes67/77 | €49,157 | €52,103 | €43,623 | €34,657 | €49,966 | €13,888 | €47,324 | ▲ 241% |
| Profit (loss) for the period9904 | €262,537 | €248,630 | €244,968 | €250,822 | €296,437 | €403,537 | €374,723 | ▼ 7.1% |
| Profit (loss) for the period to be appropriated9905 | €262,537 | €248,556 | €244,968 | €250,822 | €296,437 | €403,537 | €374,723 | ▼ 7.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €6.3m | €7.0m | €6.8m | €6.7m | €6.8m | €7.8m | €7.9m | ▲ 1.0% |
| Fixed assets21/28 | €4.7m | €5.5m | €5.4m | €5.3m | €5.4m | €6.0m | €5.9m | ▼ 2.3% |
| Tangible fixed assets22/27 | €3.5m | €4.3m | €4.2m | €4.1m | €4.2m | €4.8m | €4.7m | ▼ 2.9% |
| Land and buildings22 | - | - | - | €3.4m | €3.4m | €4.1m | €4.1m | ▼ 1.9% |
| Plant, machinery and equipment23 | - | - | - | €0.6m | €0.6m | €0.5m | €0.5m | ▼ 11.9% |
| Furniture and vehicles24 | - | - | - | €0.06m | €0.2m | €0.1m | €0.1m | ▲ 1.1% |
| Financial fixed assets28 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Current assets29/58 | €1.6m | €1.4m | €1.4m | €1.4m | €1.4m | €1.7m | €2.0m | ▲ 12.4% |
| Amounts receivable within one year40/41 | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | ▼ 26.5% |
| Trade receivables40 | - | - | - | €0.06m | €0.03m | €0.06m | €0.1m | ▲ 55.6% |
| Other amounts receivable41 | - | - | - | €0.2m | €0.2m | €0.3m | €0.2m | ▼ 45.1% |
| Current investments50/53 | €1.1m | €1.2m | €1.1m | €1.1m | €1.2m | €1.3m | €1.4m | ▲ 8.7% |
| Cash at bank and in hand54/58 | €0.4m | €0.1m | €0.05m | €0.05m | €0.04m | €0.09m | €0.3m | ▲ 187% |
| Deferred charges and accrued income490/1 | - | - | - | €0.008m | €0.009m | €0.009m | €0.04m | ▲ 336% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €6.3m | €7.0m | €6.8m | €6.7m | €6.8m | €7.8m | €7.9m | ▲ 1.0% |
| Equity10/15 | €1.5m | €1.7m | €2.0m | €2.2m | €2.5m | €2.9m | €3.3m | ▲ 12.9% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Capital10 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Issued capital100 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.2m | €0.2m | €0.2m | €2.1m | €2.4m | €2.4m | €2.4m | = |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Legal reserve130 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Tax-exempt reserves132 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Distributable reserves133 | - | - | - | €1.9m | €2.2m | €2.2m | €2.2m | = |
| Profit (loss) carried forward14 | €1.2m | €1.4m | €1.7m | €0.02m | €0.02m | €0.4m | €0.8m | ▲ 89.5% |
| Amounts payable17/49 | €4.9m | €5.3m | €4.8m | €4.5m | €4.3m | €4.9m | €4.6m | ▼ 6.1% |
| Amounts payable after more than one year17 | €0.6m | €3.1m | €3.4m | €3.3m | €3.1m | €3.7m | €3.5m | ▼ 3.3% |
| Financial debts170/4 | - | - | - | €3.3m | €3.1m | €3.7m | €3.5m | ▼ 3.3% |
| Amounts payable within one year42/48 | €4.2m | €2.1m | €1.4m | €1.2m | €1.1m | €1.2m | €1.0m | ▼ 14.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Financial debts43 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Credit institutions430/8 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Trade debts44 | €0.003m | €0.003m | €0.009m | €0.01m | €0.004m | €0.09m | €0.04m | ▼ 51.4% |
| Suppliers440/4 | - | - | - | €0.01m | €0.004m | €0.09m | €0.04m | ▼ 51.4% |
| Taxes, remuneration and social security45 | - | - | - | €0.04m | €0.04m | €0.01m | €0.02m | ▲ 143% |
| Taxes450/3 | - | - | - | €0.04m | €0.04m | €0.01m | €0.02m | ▲ 143% |
| Other amounts payable47/48 | - | - | - | €0.7m | €0.7m | €0.7m | €0.5m | ▼ 20.8% |
| Accrued charges and deferred income492/3 | - | - | - | €0.04m | €0.04m | €0.06m | €0.06m | ▼ 3.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.3m | €0.2m | €0.2m | €0.3m | €0.3m | €0.4m | €0.4m | ▼ 7.1% |
| + Depreciation and write-downs630 | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.4m | €0.3m | ▼ 37.1% |
| Operating cash flow (approximation) | €0.5m | €0.5m | €0.5m | €0.5m | €0.6m | €0.8m | €0.6m | ▼ 22.7% |
| Investment in fixed assets (approximation) | - | -€1.1m | -€0.1m | -€0.1m | -€0.4m | -€1.1m | -€0.1m | ▲ 87.5% |
| Change in cash | - | -€0.3m | -€0.07m | €0.002m | -€0.01m | €0.05m | €0.2m | ▲ 265% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 02-07-2026 | 2026-00241626 |
| 31-12-2024 | abbreviated format | 28-08-2025 | 2025-00420338 |
| 30-06-2023 | abbreviated format | 30-01-2024 | 2024-00018626 |
| 30-06-2022 | abbreviated format | 31-01-2023 | 2023-00021151 |
| 30-06-2021 | abbreviated format | 23-02-2022 | 2022-06300129 |
| 30-06-2020 | abbreviated format | 29-01-2021 | 2021-04400321 |
| 30-06-2019 | abbreviated format | 20-01-2020 | 2020-01600110 |
| 30-06-2018 | abbreviated format | 31-01-2019 | 2019-03100290 |
| 30-06-2017 | abbreviated format | 09-01-2018 | 2018-00600179 |
| 30-06-2016 | abbreviated format | 28-02-2017 | 2017-05200483 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.