Equity
€27.2m ▼ 12.6%
Solux Invest paid out €3.0m in dividends. That is 115% of the 2025 profit.
Solux Invest
Lifetime
20 annual accounts with figures on one time axispeak €14.0m (2022)
-not published
lowest -€110,819 (2006)
€2.6m▲ 123%
peak €45.5m (2012)
€27.2m▼ 12.6%
€12.8m▼ 29.3%
peak 0.3 FTE (2006)
0 FTE
Board7 names since 2020
6 directorsCuralia and 5 others
Owners7 names in the annual accountsall names
45.77%MDM and 2 others
Documentsfilings and deeds
22-05-202670 days before the deadline
2025abbreviated format
Gross margin from €8.1m to €9.6mResult from €1.2m to €2.6mPermanent representatives: Henk Vandorpe and Brecht Buysschaert 11-06Dividend €3.0mEquity from €31.1m to €27.2mDebts from €18.1m to €12.8m
Key points
from the 2025 annual accountsResult
€2.6m ▲ 123%
The result rose in 2025 from €1.2m to €2.6m.
Turnover
≈ €16.0m estimated
The accounts state no turnover.
Investments
€4,086 0.0 × depreciation
Green is investment, beige is depreciation. Machinery stands 14.6% higher than in 2024.
Filings
20 annual accounts since 2006
The last five annual accounts were filed 26 to 76 days before the end of the period.
Position in the sector
€2.6m
Higher net result than 95% of companies in computer and electronic products. Sector median €21,042 · 147 companies.
Checked score
95
Excellent
Financially stronger than 58% of medium-sized companies in computer and electronic products (NACE 26)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 33 companies (NACE 26, medium-sized).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025highest value
06-2025: < 0.1%▼ -0.1 percentage points vs 05-2025lowest value
07-2025: < 0.1%● unchanged vs 06-2025lowest value
08-2025: < 0.1%● unchanged vs 07-2025lowest value
09-2025: < 0.1%● unchanged vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025lowest value
11-2025: < 0.1%● unchanged vs 10-2025lowest value
12-2025: < 0.1%● unchanged vs 11-2025lowest value
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 0.24, cash €650,993
lowers risk
Size: total assets €40.0m
Figures for financial year 2025 (filed on 22-05-2026)
Founded in 2005
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 26, medium-sized). It does better than 77% of them on solvency, 58% on liquidity, 68% on profitability and 27% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 321 companies had the same profile as Solux Invest has now. Each dot is one company, two years later.
97.5%
were still trading
2.5%
stopped another way
0.0%
went bankrupt
That fits the bankruptcy probability of Solux Invest itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 321 companies, not a prediction for Solux Invest. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,550,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.24 (0.33 in 2024), below 1. Short-term debt is 12.4% and cash 1.6% of total assets. 32.1% of the assets are financed with debt and provisions.
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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
70 days early
2024
72 days early
2023
76 days early
2022
26 days early
2021
61 days early
2020
66 days early
2019
65 days early
← 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 62 days before the deadline. In the sector (NACE 26), the median for financial year 2024 was 8 days before the deadline, and 34% 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 22 May (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
SS
Seynaeve Sofie
Director, since 19-01-2022
- MDM 45.77%equity €43.0m (2025) · 30-06-2025 annual accounts of MDM
- MAHORA INVEST 1.22%score 93equity €406,664 (2025) · 2023 annual accounts of MAHORA INVEST
- Curaliaannual accounts 2025
Recent changes
General meeting of 22-12-2025
Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0878166437
Permanent representatives: Henk Vandorpe and Brecht Buysschaert
Gazette deed
Amendment of the articles
General meeting of 05-08-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Solux Invest Waregem | - | - | 67.9% | 0 |
| INTEGRATED SOLUTIONS ENTERPRISE EUROPE Waterloo | €12.4m | 11.3% | 87.2% | 2.1 |
| Soitec Belgium Hasselt | - | - | 68.7% | 12.2 |
| DANTRONIC Kalmthout | €1.6m | 81.9% | 95.5% | 2.3 |
| PRODON Kalmthout | €0.2m | - | 33.9% | 1.9 |
| CMK EUROPE Geel | €5.2m | 2.7% | 97.9% | 5.9 |
| SENTERA INTERNATIONAL Temse | €0.5m | 12.8% | 96.2% | - |
These companies have the same main activity as Solux Invest: manufacture of computer, electronic and optical products (NACE 26110). They are comparable in size and age: total assets between €4.2m and €23m, founded between 1981 and 2010.
Official details
Source: KBO- Status
- Active since 12-12-2005Normal situation
- Registered office
- 23 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 7 November 2026.
- Activity
- Manufacture of computer, electronic and optical productsNACE 26110and 1 other
- Establishment units
- 2.170.848.9148800 Roeselare, since 11-03-2008
- 2.170.849.0139810 Nazareth-De Pinte, since 29-05-2008and 17 others
- Financial year end
- 31 December
- Peppol
- Reachable since 18-11-2025
Annual accounts 2025
- €40.0m▼ 18.7%
- Filing
- Filed on 22-05-2026, 70 days before the end of the filing period
Insights on Solux Invest
Solux Invest has existed since 2005. In 2009 turnover rose from €265,842 to €1.7m.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Solux Invest
- What is the company number of Solux Invest?
- The company number of Solux Invest is 0878.166.437. The VAT number is the same number with BE in front: BE 0878.166.437.
- Where is Solux Invest based?
- The registered office is at Henri Lebbestraat 188 b 1, 8790 Waregem.Company details
- What does Solux Invest do?
- According to the KBO register, the main activity is manufacture of computer, electronic and optical products (NACE 26110).
- What is the legal form of Solux Invest?
- Solux Invest is a private limited company (BV).
- When was Solux Invest founded?
- Solux Invest was founded on 12-12-2005.
- Is Solux Invest still active?
- Yes, Solux Invest is an active enterprise in the KBO register.
- What is the turnover of Solux Invest?
- The turnover in financial year 2025 is ≈ €16.0m. This figure is estimated from the gross margin of €9.6m and 1,586 comparable companies of the same size. It probably lies between €11.0m and €27.0m. It is a rough estimate. In financial year 2023 turnover was €11.3m.Financials
- Is Solux Invest profitable?
- In financial year 2025, Solux Invest made a profit of €2.6m.
- Where can I find the annual accounts of Solux Invest?
- Solux Invest filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Solux Invest due?
- Solux Invest must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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