SOLVAS RISK
SOLVAS RISK is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €629k and a net result of €12k. Equity is growing by ~22.4% per year across the filed fiscal years. Its solvency ranks better than 41% of 227 sector peers (fiscal year 2024). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €629k |
| Net result | €12k |
| Staff (FTE) | 17.5 |
| Better than sector | 41% |
Fragile profile, watch health in particular.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 10.8% | 21.3% | |
| Net result | €12k | €66k | |
| Equity | €629k | €128k | |
| Gross operating margin | €1.71M | €407k | |
| Staff costs | €1.18M | €353k |
| Fiscal year | 2024 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €12k |
| Cash flow | n/a |
| Staff costs | €1.18M |
| Income taxes | €27k |
| Dividends | - |
| Total assets | €5.83M |
| Equity | €629k |
| Debt | €5.20M |
| of which ≤ 1y | €2.99M |
| of which > 1y | €2.10M |
| Working capital | n/a |
| Employees (FTE) | 17.5 |
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 10.8% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 0.2% |
| ROE | 2.0% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €5.83M |
| Fixed assets | 21/28 | €2.96M |
| Intangible fixed assets | 21 | €2.95M |
| Tangible fixed assets | 22/27 | €11k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €2.87M |
| Amounts receivable within one year | 40/41 | €2.08M |
| Cash & bank | 54/58 | €142k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €5.83M |
| Equity | 10/15 | €629k |
| Contributions / capital | 10/11 | €186k |
| Reserves | 13 | €443k |
| Amounts payable | 17/49 | €5.20M |
| Amounts payable after one year | 17 | €2.10M |
| Amounts payable within one year | 42/48 | €2.99M |
| Trade debts payable within one year | 44 | €2.13M |
| Income statement | ||
| Gross operating margin | 9900 | €1.71M |
| Operating result | 9901 | €108k |
| Financial income | 75 | €8k |
| Financial charges | 65 | €76k |
| Result before taxes | 9903 | €40k |
| Income taxes | 67/77 | €27k |
| Net result for the period | 9904 | €12k |
| Result to be appropriated | 9905 | €12k |
| NACE primary | 66220 |
| Legal form | Public limited company(014) |
| Incorporation | 22-06-1989 |
| Status | Active |
| Postal code | 9930 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43010C0101/00L000 | Flanders | 2,330 m² | 1 · 193 m² | 10.6 m · 2 fl. |
| 35384A0177/21X002 | Flanders | 748 m² | 1 · 171 m² | 8.7 m · 2 fl. |
| 44080D0988/00N000 | Flanders | 688 m² | 1 · 461 m² | 10.7 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
08-05-2024 2 resigning
- Ask Oost, Bestuurder
- Dominque Willems, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Ask Oost",
"address": "Edward Jaecquemijnslaan 16 te 9130 Beveren",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "de_plein_droit_dissolution",
"subkind": null,
"via_org": {
"kbo": "0670.990.966",
"name": "Ask Oost BV",
"address": null,
"country": "BE",
"legal_form": "BV"
},
"statutory": null,
"compensated": null,
"effective_date": "2024-03-31",
"evidence_quote": "het ontslag als besuurder van Ask Oost BV met ondernemingsnummer 0670.990.966 en maatschappelijke zetel te Edward Jaecquemijnslaan 16 te 9130 Beveren vast vertegenwoordigd door de heer Patrick Oostvogels wonende te Hooiweg 20A te 2222 Itegem. Het ontslag krijgt uitwerking vanaf 31 maart 2024.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Dominque Willems",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": {
"kbo": null,
"name": "Solvas BV",
"address": null,
"country": null,
"legal_form": "BV"
},
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "Solvas BV vast vertegenwoordigd door de heer Dominque Willems Bestuurder",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-05-08",
"filing_date": "2024-04-26",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2024-03-25",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0437.928.769",
"name_full": "SOLVAS RISK",
"legal_form": "NV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}14-12-2023 Registered office moved
Technical details
{
"events": [
{
"kind": "zetel_clause_amendment_no_move",
"seat_type": "siege_administratif",
"new_address": null,
"old_address": {
"raw": "9930 Lievegem, Zomerlaan",
"city": null,
"region": null,
"street": null,
"country": "BE",
"postcode": null,
"box_number": null,
"street_number": null,
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "not_specified",
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "Elisa Hulsbosch",
"firm_city": null,
"firm_name": null,
"office_city": "De Pinte",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-12-14",
"filing_date": "2023-12-05",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2023-11-22",
"unanimous": true
},
"subject_company": {
"kbo": "0437.928.769",
"name_full": "SOLVAS RISK",
"legal_form": "NV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"afschrift proces-verbaal",
"geco\u00F6rdineerde statuten"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | SOLVAS RISK |
| AbbreviationNL | Solvas |