SOLVENGO
ActiveSOLVENGO has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4k and a net result of €-8k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 15% of 4122 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
20
/ 100
Critical▼ -6 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-4
Solvency13▲+5
Growth32▼-46
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.97 against 0.15 in 2024), and 95.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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 2025Solvency, return and age of the figures
Solvency
4.2%
Return on assets
-8.4%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 4122 sector peers (2025).
NBB · sector comparisonPosition among 4122 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
35 d early
2023
30 d late
2022
11 d early
2021
30 d late
2020
8 d early
2019
61 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-8k
2024 · €95
2018: €-768
2019: €109
2020: €504
2021: €3k
2022: €4k
2023: €-2k
2024: €95
2018 → 2025
Working capital
€-2k▲ 94.0%
2024 · €-27k
2018: €9k
2019: €9k
2020: €10k
2021: €14k
2022: €17k
2023: €12k
2024: €-27k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€14k-€17k▲ 27.4%€12k▼ 30.0%€12k▲ 0.8%€4k▼ 66.5%
Operating result€4k-€4k▲ 8.0%€-573€1k€-3k
Net result€3k-€4k▲ 7.9%€-2k€95€-8k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3k after €1k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €98k
Fixed assets
€51k▼ 49.4%
Current assets
€47k▲ 833%
Equity and liabilities €98k
Equity
€4k▼ 66.5%
Debt
€93k▲ 0.4%
The debt ratio rises from 88.4% to 95.8%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€10k▲
2024 · €1k
Cash flow
€5k▲
2024 · €329
Solvency
4.2%▼
2024 · 11.6%
Current ratio
0.97▲
2024 · 0.15
Quick ratio
0.97▲
2024 · 0.15
Debt / equity
22.72▲
2024 · 7.58
ROE
-198.3%▼
2024 · 0.8%
ROA
-8.4%▼
2024 · 0.1%
Interest coverage
2.84▲
2024 · 0.92
Debt
€93k▲
2024 · €93k
Debt ≤ 1 year
€48k▲
2024 · €32k
Debt > 1 year
€45k▼
2024 · €60k
Income taxes
€2k▲
2024 · €81
Staff costs
€226
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€105k€98k▼
Fixed assets21/28€100k€51k▼
Intangible fixed assets21-€51k
Tangible fixed assets22/27€242€8▼
Furniture and vehicles24€242€8▼
Financial fixed assets28€100k-
Current assets29/58€5k€47k▲
Amounts receivable within one year40/41€4k€12k▲
Trade receivables40€4k€10k▲
Other amounts receivable41-€3k
Cash at bank and in hand54/58€1k€34k▲
Equity and liabilities
Total equity and liabilities10/49€105k€98k▼
Equity10/15€12k€4k▼
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€6k€6k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14-€-8k
Amounts payable17/49€93k€93k▲
Amounts payable after more than one year17€60k€45k▼
Financial debts170/4€60k€45k▼
Amounts payable within one year42/48€32k€48k▲
Current portion of amounts payable after more than one year42€16k€17k▲
Trade debts44€6k€26k▲
Suppliers440/4€6k€26k▲
Advances received on contracts in progress46€2k-
Taxes, remuneration and social security45€693€2k▲
Taxes450/3€693€2k▲
Other amounts payable47/48€8k€3k▼
Accrued charges and deferred income492/3€271€218▼
Income statement
Code20242025
Remuneration, social security and pensions62-€226
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€234€13k▲
Other operating charges640/8€862€2k▲
Gross operating margin9900€2k€12k▲
Operating profit (loss)9901€1k€-3k▼
Financial income75/76B€533-
Recurring financial income75€533-
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€176€-6k▼
Income taxes67/77€81€2k▲
Profit (loss) for the period9904€95€-8k▼
Profit (loss) for the period to be appropriated9905€95€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€95€-8k▼
Transfer to equity691/2€95-
To other reserves6921€95-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-8k ▼8664%
Net result drops to €-8k, the lowest in the series.
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €95
Net result €95 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €4k ▲7.9%
Operating result €4k, net result €4k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial
Back to profitnet €109
Net result €109 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Genk · 1 establishment unit since 2014
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.
André Dumontlaan 2103600 GenkGround area
743 m²
Building footprint
529 m²
Volume, LiDAR
4,557 m³
Parcel 71303B0343/00R000, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Solvengo
since 20142.275.074.523
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71303B0343/00R000 | Flanders | 743 m² | 1 · 529 m² | 10.9 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
If and Co
BE 0871.551.928
Walcourt · Eq €4k
MAHI GROUP
BE 0747.876.631
Brussel · Eq €4k
INFOCOMSYS
BE 0447.756.849
Gerpinnes · Eq €4k
INFOR 400
BE 0442.886.954
Theux · Eq €4k
MONSIEUR CLEAN
BE 0797.424.528
Anderlecht · Eq €4k
Of 3,210 companies in sector 47400 we hold annual accounts for 1,795. 586 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-09-2014
Fiscal year end31-12
Activities, NACEBEL
47400Retail sale of information and communication equipment
47410Retail trade
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.