SOLVANEXT
ActiveThe computed 12-month bankruptcy probability of SOLVANEXT is 1.5% (moderate). The 2024 annual accounts show negative equity (€-9k) and a net result of €-80k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 26056 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
7
/ 100
Critical▼ -10 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency39▲+7
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.75 against 1.02 in 2023), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 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 2024Solvency, return and age of the figures
Solvency
-2.5%
Return on assets
-21.6%
Age of the figures
20 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€9k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-08-2026, 376 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
376 d late
2023
65 d late
2022
106 d late
2021
293 d late
2020
318 d late
2019
185 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-9k
2023 · €71k
2018: €53k
2019: €56k
2020: €118k
2021: €111k
2022: €133k
2023: €71k
2018 → 2024
Total assets
€372k▲ 18.1%
2023 · €315k
2018: €79k
2019: €109k
2020: €172k
2021: €202k
2022: €304k
2023: €315k
2018 → 2024
Net result
€-80k▼ 29.9%
2023 · €-62k
2018: €6k
2019: €4k
2020: €62k
2021: €-8k
2022: €47k
2023: €-62k
2018 → 2024
Working capital
€-96k
2023 · €5k
2018: €39k
2019: €47k
2020: €113k
2021: €106k
2022: €57k
2023: €5k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€118k-€111k▼ 6.5%€133k▲ 20.3%€71k▼ 46.5%€-9k
Operating result€91k-€-7k€53k€-61k€-80k▼ 31.4%
Net result€62k-€-8k€47k€-62k€-80k▼ 29.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €80k in 2024 against €61k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €372k
Fixed assets
€87k▲ 30.2%
Current assets
€286k▲ 14.8%
Key figures and ratios
EBITDA
€-57k▼
2023 · €-44k
Cash flow
€-57k▼
2023 · €-45k
Solvency
-2.5%▼
2023 · 22.6%
Current ratio
0.75▼
2023 · 1.02
Quick ratio
0.08▼
2023 · 0.13
Debt / equity
-41.65▼
2023 · 3.42
ROE
878.8%▲
2023 · -86.8%
ROA
-21.6%▼
2023 · -19.6%
Interest coverage
-186.48▼
2023 · -95.31
Debt
€381k▲
2023 · €244k
Debt ≤ 1 year
€381k▲
2023 · €244k
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€315k€372k▲
Fixed assets21/28€67k€87k▲
Tangible fixed assets22/27€66k€86k▲
Plant, machinery and equipment23€7k€6k▼
Furniture and vehicles24€59k€80k▲
Financial fixed assets28€825€825=
Current assets29/58€249k€286k▲
Stocks and contracts in progress3€217k€257k▲
Stocks30/36€217k€257k▲
Amounts receivable within one year40/41€27k€22k▼
Trade receivables40€7k€18k▲
Other amounts receivable41€20k€3k▼
Cash at bank and in hand54/58€2k€3k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€315k€372k▲
Equity10/15€71k€-9k▼
Contributions10/11€6k€6k=
Reserves13€65k-
Distributable reserves133€65k-
Profit (loss) carried forward14€127€-15k▼
Amounts payable17/49€244k€381k▲
Amounts payable within one year42/48€244k€381k▲
Trade debts44€13k€23k▲
Suppliers440/4€13k€23k▲
Taxes, remuneration and social security45€6k€1k▼
Taxes450/3€6k€1k▼
Other amounts payable47/48€225k€358k▲
Income statement
Code20232024
Remuneration, social security and pensions62€326-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€24k▲
Other operating charges640/8€499€11k▲
Gross operating margin9900€-43k€-46k▼
Operating profit (loss)9901€-61k€-80k▼
Financial charges65/66B€465€303▼
Recurring financial charges65€465€303▼
Profit (loss) for the period before taxes9903€-61k€-80k▼
Income taxes67/77€471-
Profit (loss) for the period9904€-62k€-80k▼
Profit (loss) for the period to be appropriated9905€-62k€-80k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-60k€-80k▼
Profit (loss) brought forward from the previous period14P€2k€127▼
Transfer from equity791/2€60k€65k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 376 days late
2024
31-12
Financial
Weakest financial yearnet €-80k
Net result drops to €-80k, the lowest in the series.
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
14-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 106 days late
20-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 293 days late
2022
31-12
Financial
Back to profitnet €47k
Net result €47k after one loss-making year.
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 318 days late
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 185 days late
2020
31-12
Financial
Highest result since 2018net €62k ▲1591%
Operating result €91k, net result €62k, both a record.
31-12
Financial
Equity above €100kEq €118k ▲111%
3 profitable years in a row build equity to €118k.
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
11-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 42 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Profondeville · 1 establishment unit since 2016
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.
Rue Léon Dosimont(B.V.) 225170 ProfondevilleGround area
4,884 m²
Building footprint
266 m²
Volume, LiDAR
2,318 m³
Parcel 92014B0063/02L000, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SOLVANEXT
since 20162.250.758.108
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92014B0063/02L000 | Wallonia | 4,884 m² | 1 · 266 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
LIFE INVEST
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STARLET INTERNATIONAL
BE 0679.778.275
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LA MELOMANE
BE 0434.395.494
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LEDABEL
BE 0782.847.012
Zaventem · Eq €71k
TopsCare
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Of 12,965 companies in sector 47120 we hold annual accounts for 2,177. 1,530 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded28-01-2016
Fiscal year end31-12
Abbreviation NL
SLVNXT
Activities, NACEBEL
47120Other non-specialised retail sale
47910Retail trade
46150Agents in the wholesale of furniture, household goods and hardware
46491Wholesale trade
46497Wholesale trade
47610Retail trade
47640Retail sale of games and toys
47650Retail trade
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.