Solv
ActiveSummary
Solv has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.4m and a net result of -€222,026. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 94% of 11,775 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 19-03-2021 Normal situation
- Activity
- Urban planning and landscape architecture NACE 71113
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.316.235.779 2000 Antwerpen, since 19-03-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 10-10-2025
Board and ownership
- ADENS ADVISORSDirector · since 19-03-2021 · permanent representative Alexander D’HOOGHE
- Mathieu VAN MARCKEDirector · since 25-09-2024
- ORG Urbanism & ArchitectureDirector · since 25-09-2024 · permanent representative Alexander D’HOOGHE
- ADENS ADVISORS55.56%· score 90annual accounts 2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- -€5,757
- ▲ 91.2%
- Loss
- €222,026
- ▼ 24.6%
- Equity
- €2.4m
- ▲ 114%
- Total assets
- €2.6m
- ▲ 89.8%
- Staff
- 0.9 FTE
- ▲ 50.0%
Score breakdownraises risk1 change of registered office in 24 monthsLoss of €222,026, the second in a row (financial year 2025)lowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Liquidity: current ratio 5.56, cash €612,849Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 71, small). It does better than 92% of them on solvency, 89% on liquidity, 7% on profitability and 98% on growth.
The bankruptcy probability was computed on 04-11-2026 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 5 accounts on average 16 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 16-06-2026 at the NBB all 6 filings
Every figure per financial year
The operating result for 2025 is a loss of €249,088, smaller than the loss of €286,997 in 2024.
- 2025 Equity +114%, Total assets +90% on 2024. Capital increase of €750,012 (Official Gazette 11-12-2025). Capital increase of €766,333 (Official Gazette 11-12-2025).
Staff
| Item | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | - | - |
| full-time | 1 | 1 | - | - |
| part-time | 0 | 0 | - | - |
| in full-time equivalents | 1 | 1 | - | - |
| Average over the year, in full-time equivalents | 1 | 1 | 0.6 | 0.9 |
| On a permanent contract | 1 | 1 | - | - |
| Joined | 1 | - | 5 | 7 |
| Left | 0 | - | 6 | 7 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,859 | - | - | - |
| Intangible fixed assets | €77,194 | €155,725 | €189,001 | €658,650 | €878,490 |
| Depreciation and write-downs of the year | €1,875 | €16,482 | €47,666 | €86,464 | €215,960 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 to 2025 · 4 entries · €452,034 awarded · €360,682 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 2 | €0 | €180,000 |
| 2024 | 1 | €451,352 | €180,000 |
| 2023 | 1 | €682 | €682 |
Public contracts
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €245,913 | - | - | - |
| Non-recurring operating income76A | - | - | €0 | - | €50,000 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €131,235 | - | - | - |
| Remuneration, social security and pensions62 | - | €62,813 | €68,466 | €84,644 | €25,391 | ▼ 70.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,875 | €16,482 | €47,666 | €86,464 | €215,960 | ▲ 150% |
| Other operating charges640/8 | €300 | €21,852 | €50,109 | €50,292 | €1,980 | ▼ 96.1% |
| Gross operating margin9900 | -€4,460 | €117,227 | €115,411 | -€65,598 | -€5,757 | ▲ 91.2% |
| Operating profit (loss)9901 | -€6,635 | €16,080 | -€50,830 | -€286,997 | -€249,088 | ▲ 13.2% |
| Financial income75/76B | - | €44 | €0 | €62 | €452 | ▲ 635% |
| Recurring financial income75 | - | €44 | €0 | €62 | €452 | ▲ 635% |
| Financial charges65/66B | €11,745 | €18,939 | €27,436 | €42,185 | €3,038 | ▼ 92.8% |
| Recurring financial charges65 | €11,745 | €18,939 | €27,436 | €42,185 | €3,038 | ▼ 92.8% |
| Profit (loss) for the period before taxes9903 | -€18,380 | -€2,815 | -€78,266 | -€329,121 | -€251,675 | ▲ 23.5% |
| Income taxes67/77 | - | - | - | -€34,595 | -€29,649 | ▲ 14.3% |
| Profit (loss) for the period9904 | -€18,380 | -€2,815 | -€78,266 | -€294,526 | -€222,026 | ▲ 24.6% |
| Profit (loss) for the period to be appropriated9905 | -€18,380 | -€2,815 | -€78,266 | -€294,526 | -€222,026 | ▲ 24.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.5m | €0.5m | €0.9m | €1.4m | €2.6m | ▲ 89.8% |
| Fixed assets21/28 | €0.08m | €0.2m | €0.4m | €0.9m | €1.6m | ▲ 71.1% |
| Intangible fixed assets21 | €0.08m | €0.2m | €0.4m | €0.9m | €1.6m | ▲ 71.1% |
| Tangible fixed assets22/27 | - | €0.001m | €0.001m | €39 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €0.001m | €0.001m | €39 | €0 | ▼ 100% |
| Current assets29/58 | €0.4m | €0.3m | €0.5m | €0.4m | €1.0m | ▲ 128% |
| Amounts receivable within one year40/41 | €0.05m | €0.04m | €0.2m | €0.3m | €0.3m | ▲ 25.4% |
| Trade receivables40 | €0.05m | €0.03m | €0.2m | €0.2m | €0.2m | ▲ 41.8% |
| Other amounts receivable41 | €122 | €0.008m | €0.01m | €0.1m | €0.09m | ▼ 2.5% |
| Cash at bank and in hand54/58 | €0.4m | €0.3m | €0.3m | €0.2m | €0.6m | ▲ 222% |
| Deferred charges and accrued income490/1 | €66 | €0 | €101 | €0.002m | €0.09m | ▲ 37× |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.5m | €0.5m | €0.9m | €1.4m | €2.6m | ▲ 89.8% |
| Equity10/15 | €0.01m | €0.009m | -€0.07m | €1.1m | €2.4m | ▲ 114% |
| Contributions10/11 | €0.03m | €0.03m | €0.03m | €1.5m | €3.0m | ▲ 99.1% |
| Profit (loss) carried forward14 | -€0.02m | -€0.02m | -€0.1m | -€0.4m | -€0.6m | ▼ 56.4% |
| Amounts payable17/49 | €0.5m | €0.5m | €0.9m | €0.2m | €0.2m | ▼ 22.5% |
| Amounts payable after more than one year17 | - | €0.5m | €0.8m | €0 | - | - |
| Financial debts170/4 | - | €0.5m | €0.8m | €0 | - | - |
| Amounts payable within one year42/48 | €0.5m | €0.06m | €0.1m | €0.2m | €0.2m | ▼ 19.9% |
| Current portion of amounts payable after more than one year42 | €0.5m | €0 | - | - | - | - |
| Financial debts43 | - | €23 | €0 | €0.002m | €0 | ▼ 100% |
| Credit institutions430/8 | - | €23 | €0 | €0.002m | €0 | ▼ 100% |
| Trade debts44 | €0.04m | €0.03m | €0.07m | €0.2m | €0.2m | ▲ 3.7% |
| Suppliers440/4 | €0.04m | €0.03m | €0.07m | €0.2m | €0.2m | ▲ 3.7% |
| Taxes, remuneration and social security45 | €0.003m | €0.02m | €0.02m | €0.005m | €0 | ▼ 100% |
| Taxes450/3 | €0.003m | €0.007m | €0.005m | €0.005m | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | €0.01m | €0.01m | €0 | - | - |
| Other amounts payable47/48 | €0.002m | €0.001m | €0.04m | €0.04m | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €0.03m | €0.06m | €0.01m | €0.005m | ▼ 64.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€18,380 | -€2,815 | -€78,266 | -€294,526 | -€222,026 | ▲ 24.6% |
| + Depreciation and write-downs630 | €1,875 | €16,482 | €47,666 | €86,464 | €215,960 | ▲ 150% |
| Operating cash flow (approximation) | -€16,505 | €13,666 | -€30,600 | -€208,062 | -€6,066 | ▲ 97.1% |
| Investment in fixed assets (approximation) | - | -€157,583 | -€189,001 | -€658,650 | -€878,490 | ▼ 33.4% |
| Change in cash | - | -€107,459 | €28,781 | -€127,351 | €422,649 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,440 companies had the same profile as Solv has now. Two years later, 90.0% were still going and 2.3% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a small loss
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Solv itself is lower: 0.1% within 12 months. It rests on far more data about Solv than the profile alone.
Test of the method
The method was tested on the 497,446 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 3,440 companies, not a prediction for Solv. 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.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 16-06-2026 | 2026-00163849 | |
| 31-12-2024 | micro format | 25-07-2025 | 2025-00307231 | |
| 31-12-2024 | abbreviated format | 02-06-2025 | 2025-00113473 | |
| 31-12-2023 | micro format | 26-07-2024 | 2024-00326050 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00404543 | |
| 31-12-2021 | micro format | 29-07-2022 | 2022-20253849 |
Board & ownership
Directors
Act of 11-12-2025Permanent representative: PEETERS Luk Hendrik Frank112,748 new shares · 144,002 new shares · Contribution of €766,333.15
Board 4
Permanent representatives 1
Owners and capital
Shareholders
1 ownerChain of control
- ADENS ADVISORS
- Solv
Owners 1
- ADENS ADVISORSparentSourceown accounts 2024Equity €842,987 Profit of €213,877 in 2025 (profit of €193,640 in 2024) Checked score 9055.56%
Capital transactions
- 11-12-2025 Capital increase of €750,011.54 · 112,748 new shares · in cash
- 11-12-2025 Capital increase of €766,333.15 · 144,002 new shares · in kind
- 06-05-2022 Incorporation · €30,000 · 1,000,000 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| ADENS ADVISORS |
|
| Mathieu VAN MARCKE |
|
| ORG Urbanism & Architecture |
|
| Stan DE SCHEPPER |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 4 directorsAt most 7 directors“Met of zonder beperking van duur, raad benoemt voorzitter met naleving artikel 4.1.8 SHA”
Articles of association, deed of 11-12-2025 (in Dutch)
Network & group
Companies at the same address
1 other companyConnections & network
4 current directorsThe network starts from the directors of Solv. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
24-08
Gazette deed
Registered office moved from Antwerp to LeuvenNew seat: Klein Begijnhof 18, 3000 Leuven · Previous seat: Sint-Pietersvliet 7, 2000 Antwerpen1 point ▸
- Registered-office move, Klein Begijnhof 18, 3000 Leuven
- The act holds 2 more points.
11-12
Gazette deed
Permanent representative: PEETERS Luk Hendrik Frank112,748 new shares · 144,002 new shares · Contribution of €766,333.157 points ▸
- General meeting, 03-12-2025
- Capital increase, €750,011.54
- Amendment of the articles, 5, mentioned 2 times in the deed
- Capital increase, €766,333.15
- Capital contribution, €766,333.15
- Permanent representative, PEETERS Luk Hendrik Frank
- Power of attorney, Tim CARNEWAL
- The act holds 19 more points.
26-11
Gazette deed
Share issue · Amendment of the articles · Resignations & appointmentsCapital contribution: volledig ingeschreven en volgestort door inbreng in natura · Appointments: ORG URBANISM&ARCHITECTURE, ADENS ADVISORS and 2 others · Permanent representative: Alexander D’HOOGHE6 points ▸
- Incorporation, 18-03-2021
- Director appointment, ORG URBANISM&ARCHITECTURE (director (not named in the articles))
- Permanent representative, Alexander D’HOOGHE, mentioned 2 times in the deed
- Director appointment, ADENS ADVISORS (director (not named in the articles))
- Director appointment, Mathieu VAN MARCKE (director (not named in the articles))
- Director appointment, Stan DE SCHEPPER (director (not named in the articles))
- The act holds 9 more points.
Show earlier events
06-05
Gazette deed
Founding capital of euro 30.000, 1,000,000 shares1 point ▸
- Founding capital, euro 30.000, 1,000,000 shares
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
8 activities
- Het aanleggen en beheren van een onroerend vermogen;alle verrichtingen,al dan niet onder het stelsel van de BTW,met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan- en verkoop,de bouw,de verbouwing,de binnenshuis-inrichting en decoratie,de huur- en verhuur,de ruil,de verkaveling en,in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken,van onroerende goederen of onroerende zakelijke rechten
- Het aanleggenen en beheren van een roerend vermogen;alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals de aan- en verkoop,de huur- en verhuur,de ruil;in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren,aandelen,obligaties,staatsfondsen
- Het aangaan en verstrekken van leningen,kredieten,financieringen en het aangaan van leasingcontracten,in het kader van het bovenvermelde voorwerp
- Belangen nemen door associatie,inbreng,fusie,financiële tussenkomst of op gelijk welke andere wijze,in alle vennootschappen,verenigingen of ondernemingen met een identiek,gelijklopend of samenhangend voorwerp met het hare of die van aard kunnen zijn de ontwikkeling van haar onderneming te begunstigen of een bron van afzet te vormen
- Functies van bestuurder of vereffenaar uitoefenen in andere vennootschappen
- Zich borgstellen of zakelijke zekerheden verlenen ten voordele van vennootschappen of particulieren,in de meest ruime zin
- Ontwikkeling van alle methodes,technieken,platformen en werkwijzen gericht op proces-,project- en risicomanagement
- Verlenen van alle diensten,verkoop,training,op leiding en verlenen van licenties ondermeer op het gebied van informatietechnologie
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11002A1949/03A000 | Flanders | 1,528 m² | 1 · 1,528 m² | 40.4 m · 12 |
| 24062A0343/00B000 | Flanders | 163 m² | 1 · 80 m² | 15.2 m · 4 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.