Solv

Active

Private limited companyfounded 20215 yrs activeKlein Begijnhof 18, 3000 Leuven, BelgiumKBO/BCE: BE 0765.430.463

Solv has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.14M and a net result of €-295k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 81% of 11614 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Watch Print / PDF

Checked score

Score 2024

62 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-10

Solvency100▲+83

Growth52▲+20

Track record94

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €70k at 30 days acceptable

Liquidity ample (current ratio 1.95 against 3.92 in 2023; short-term debt: 16.7% and cash: 13.8% of total assets), and 17.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 71

Relative position

BE, all sectors

reference

Sector 71

lower

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

82.3%

Return on assets

-21.3%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-06-2025, 59 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

59 d early

2023

5 d early

2022

31 d late

2021

2 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€246k

EBIT margin

-20.7%

Net result

€-295k▼ 276%

2023 · €-78k

2021: €-18k 2022: €-3k 2023: €-78k

2021 → 2024

Working capital

€219k▼ 42.1%

2023 · €378k

2021: €-65k 2022: €271k 2023: €378k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Turnover€246k

Equity€12k-€9k▼ 24.2%€-69k€1.14M

Operating result€-7k-€16k€-51k€-287k▼ 465%

Net result€-18k-€-3k▲ 84.7%€-78k▼ 2,680%€-295k▼ 276%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €287k in 2024 against €51k in 2023; the loss grows and 2024 has the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €1.38M

67.5%

32.5%

Fixed assets €931k▲ 159%

Current assets €449k▼ 11.5%

Equity and liabilities €1.38M

82.3%

17.7%

Equity €1.14M

Debt €245k

Debt finances 17.7% of the balance-sheet total.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-201k▼

2023 · €-3k

Cash flow

€-208k▼

2023 · €-31k

Solvency

82.3%▲

2023 · -8.0%

Current ratio

1.95▼

2023 · 3.92

Quick ratio

1.95▼

2023 · 3.92

Debt / equity

0.22▲

2023 · -13.48

ROE

-25.9%

ROA

-21.3%▼

2023 · -9.0%

Interest coverage

-4.75▼

2023 · -0.12

Debt

€245k▼

2023 · €936k

Debt ≤ 1 year

€230k▲

2023 · €130k

Debt > 1 year

€0▼

2023 · €750k

Income taxes

€-35k

Staff costs

€85k▲

2023 · €68k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€867k€1.38M▲

Fixed assets21/28€359k€931k▲

Intangible fixed assets21€358k€931k▲

Tangible fixed assets22/27€659€39▼

Furniture and vehicles24€659€39▼

Current assets29/58€508k€449k▼

Amounts receivable within one year40/41€190k€257k▲

Trade receivables40€179k€162k▼

Other amounts receivable41€11k€95k▲

Cash at bank and in hand54/58€318k€190k▼

Deferred charges and accrued income490/1€101€2k▲

Equity and liabilities

Total equity and liabilities10/49€867k€1.38M▲

Equity10/15€-69k€1.14M▲

Contributions10/11€30k€1.53M▲

Profit (loss) carried forward14€-99k€-394k▼

Amounts payable17/49€936k€245k▼

Amounts payable after more than one year17€750k€0▼

Financial debts170/4€750k€0▼

Amounts payable within one year42/48€130k€230k▲

Financial debts43€0€2k▲

Credit institutions430/8€0€2k▲

Trade debts44€69k€178k▲

Suppliers440/4€69k€178k▲

Taxes, remuneration and social security45€16k€5k▼

Taxes450/3€5k€5k=

Remuneration and social security454/9€10k€0▼

Other amounts payable47/48€45k€45k▼

Accrued charges and deferred income492/3€57k€14k▼

Income statement Code20232024

Turnover70€246k-

Non-recurring operating income76A€0-

Goods, raw materials, services and sundry goods60/61€131k-

Remuneration, social security and pensions62€68k€85k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€86k▲

Other operating charges640/8€50k€50k▲

Gross operating margin9900€115k€-66k▼

Operating profit (loss)9901€-51k€-287k▼

Financial income75/76B€0€62▲

Recurring financial income75€0€62▲

Financial charges65/66B€27k€42k▲

Recurring financial charges65€27k€42k▲

Profit (loss) for the period before taxes9903€-78k€-329k▼

Income taxes67/77-€-35k

Profit (loss) for the period9904€-78k€-295k▼

Profit (loss) for the period to be appropriated9905€-78k€-295k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-99k€-394k▼

Profit (loss) brought forward from the previous period14P€-21k€-99k▼

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

Download as CSV

Timeline · acts, filings and financial milestones

All 9Financial 3Gazette 1Filings 5

2026

24-08

State Gazette act Registered office · Other addresses

Board meeting · Registered-office move · Contact change4 facts ▸

Board meeting, 2026-07-07
Registered-office move, Klein Begijnhof 18, 3000 Leuven
Contact change, email, info@solv.world
Contact change, website, https://www.solv.world/nl

2025

25-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

02-06

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-12

Financial Weakest financial yearnet €-295k

Net result drops to €-295k, the lowest in the series.

31-12

Financial Equity above €1MEq €1.14M

Equity rises from €-69k to €1.14M.

26-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 31 days late

2022

31-12

Financial Liquidity times 7current ratio 5.82

Current ratio from 0.87 to 5.82; short-term debt falls from €507k to €56k.

29-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

5 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Leuven · 1 establishment unit since 2021

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Klein Begijnhof 183000 Leuven

Ground area

1,691 m²

Building footprint

1,608 m²

Volume, LiDAR

52,221 m³

2 parcels, Flanders · tallest building 40.4 m, ±12 floors. Linked by address, not a title deed.

1 establishment unit

Solv

Sint-Pietersvliet 7, 2000 AntwerpenComputer programming, consultancy and related activities

since 20212.316.235.779

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11002A1949/03A000	Flanders	1,528 m²	1 · 1,528 m²	40.4 m · 12 fl.
24062A0343/00B000 ProtectedMonumentKlein BegijnhofSource ↗	Flanders	163 m²	1 · 80 m²	15.2 m · 4 fl.