Equity
Equity rose in 2025 from €46,462 to €99,101.
Equity rose in 2025 from €46,462 to €99,101.
The micro format states no turnover.
Green is investment, beige is depreciation.
The 2024 accounts came 13 days late. The other two were filed on time.
Higher net result than 89% of companies in retail trade. Sector median €5,052 · 22,900 companies.
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 47, micro). It does better than 82% of them on solvency, 90% on liquidity, 96% on profitability and 93% on growth.
The bankruptcy probability was computed on 09-11-2026 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).
In July 2024, 39,278 companies had the same profile as SOLVEIT has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SOLVEIT itself is lower: 0.2% within 12 months. It rests on far more data about SOLVEIT than the profile alone.
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 39,278 companies, not a prediction for SOLVEIT. 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.
Liquidity is ample, with a current ratio of 3.51 (3.09 in 2024), above the usual 1.5. Short-term debt is 27.8% and cash 85.2% of total assets. 27.8% of the assets are financed with debt and provisions.
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.
The company filed its last 3 accounts on average 61 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| SOLVEIT Hoogstraten | €137,284 | €69,225 | 72.2% | - |
| Peter Jonckheere Consulting Hove | €127,105 | €80,753 | 88.7% | - |
| MeFeZe Consult Willebroek | €133,225 | €85,052 | 64.5% | - |
| KOSHER OUTLET Antwerp | €142,171 | €89,274 | -27.6% | - |
| InfraFiberTools Dendermonde | €157,013 | €75,011 | 80.6% | - |
| TREE OF COLORS Charleroi | €151,772 | €47,011 | 47.7% | - |
| DIANA DISTRIBUTION Jemeppe-sur-Sambre | €156,258 | €66,870 | 75.7% | - |
These companies have the same main activity as SOLVEIT: other non-specialised retail sale (NACE 47120). They are comparable in size and age: total assets between €127,000 and €157,000, founded between 2022 and 2023.
SOLVEIT files the micro format. That format states no turnover. The gross margin rose from -€1,467 in 2023 to €69,225 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €720,000. Estimated: probably between €450,000 and €1.1m.
Higher than 82% of 22,917 companies in 2025.
Higher than 81% of 22,047 companies in 2025.
Higher than 94% of 22,197 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
137,284 | 68,710 | 14,186 | |
21/28 |
3,252 | - | - | |
22/27 |
3,252 | - | - | |
24 |
3,252 | - | - | |
29/58 |
134,032 | 68,710 | 14,186 | |
40/41 |
16,998 | 9,825 | 7,063 | |
40 |
474 | 9,825 | 6,836 | |
41 |
16,524 | - | 228 | |
54/58 |
117,033 | 58,885 | 6,137 | |
490/1 |
- | - | 987 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
137,284 | 68,710 | 14,186 | |
10/15 |
99,101 | 46,462 | 3,521 | |
10/11 |
- | - | 5,000 | |
14 |
99,101 | 46,462 | -1,479 | |
17/49 |
38,183 | 22,248 | 10,665 | |
42/48 |
38,183 | 22,248 | 10,665 | |
44 |
1,294 | 629 | 1,010 | |
440/4 |
1,294 | 629 | 1,010 | |
45 |
36,889 | 20,998 | - | |
450/3 |
36,889 | 20,998 | - | |
47/48 |
- | 621 | 9,655 | |
| Income statement | ||||
9900 |
69,225 | 60,754 | -1,467 | |
62 |
1,689 | - | - | |
630 |
1,566 | - | - | |
640/8 |
310 | 181 | - | |
9901 |
65,660 | 60,573 | -1,467 | |
75/76B |
438 | - | - | |
75 |
438 | - | - | |
65/66B |
125 | 92 | 11 | |
65 |
125 | 92 | 11 | |
9903 |
65,973 | 60,481 | -1,479 | |
67/77 |
13,335 | 12,540 | - | |
9904 |
52,638 | 47,941 | -1,479 | |
9905 |
52,638 | 47,941 | -1,479 | |
| Appropriation of the result | ||||
9906 |
99,101 | 46,462 | -1,479 | |
14P |
46,462 | -1,479 | - | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 12-02-2026.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 67,226 | - | - | ||
| 54,205 | - | - | ||
| 4,818 | - | - | ||
| 58,149 | 52,748 | - | ||
| 95,849 | 46,462 | 3,521 | ||
| 72.2% | 67.6% | 24.8% | ||
| 3.51 | 3.09 | 1.33 | ||
| 0.39 | 0.48 | 3.03 | ||
| 53.1% | 103.2% | -42.0% | ||
| 38.3% | 69.8% | -10.4% | ||
| over 100 | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €4,818 | - | - |
| €1,566 | - | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 8% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total falls from 32.4% to 27.8%. Equity and debt are higher.
SOLVEIT has no parent and no holdings in its annual accounts. VAN DE LOCHT, Glenn Bert Maria is the only director. SOLVEIT shares no director with another company.
| Bolckmans, Lindsey (sole trader)
establishment since 01-04-2025 |
founded in 2025 1020.148.901 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
SOLVEIT was incorporated on 20 April 2023 as a private limited company by one natural person, with a starting capital of €5,000.12 VAN DE LOCHT, Glenn Bert Maria is director of the company, appointed by deed of 24-04-2023.2 Total assets rose from €14,186 in 2023 to €137,284 in 2025.3
| Establishment | Since | Unit number |
|---|---|---|
| Hemelstraat 5D registered office 2322 Hoogstraten | 20-04-2023 | 2.344.693.995 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 13024B0083/00S000 | 566 m² | 1 · 89 m² | - |
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