Equity
SOLVERRR paid out €132,000 in dividends. That is 124% of the 2025 profit.
SOLVERRR paid out €132,000 in dividends. That is 124% of the 2025 profit.
The micro format states no turnover.
Short-term debts fell from €106,567 to €54,864.
The 2021 accounts came 9 days late. The other six were filed on time.
Higher net result than 91% of companies in advertising and market research. Sector median €14,755 · 8,616 companies.
The dashed line is the sector median: 0.2% across 11,230 companies (NACE 73, 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 73, micro). It does better than 87% of them on solvency, 44% on liquidity, 88% on profitability and 34% 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, 26,972 companies had the same profile as SOLVERRR has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SOLVERRR itself is lower: 0.2% within 12 months. It rests on far more data about SOLVERRR 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 26,972 companies, not a prediction for SOLVERRR. 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 7.43 (4.55 in 2024), above the usual 1.5. Short-term debt is 13.2% and cash 4.2% of total assets. 13.5% 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 7 accounts on average 36 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| SOLVERRR Aalst | €416,078 | €146,279 | 86.5% | - |
| DiVcon Nazareth-De Pinte | €492,261 | €127,297 | 72.4% | - |
| PIXELS AND MORE Sint-Genesius-Rode | €432,606 | €139,009 | 91.6% | - |
| STARS AND BIRDS Schaerbeek | €374,402 | €139,267 | 59.5% | - |
| BOOSTER MLST Bornem | €371,707 | €124,365 | 80.3% | - |
| HENTOM Eupen | €487,825 | €164,836 | 3.8% | - |
| INDIGO BAY Overijse | €358,032 | €169,641 | 68.4% | - |
These companies have the same main activity as SOLVERRR: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €358,000 and €492,000, founded between 2018 and 2019.
SOLVERRR files the micro format. That format states no turnover. The gross margin fell from €230,268 in 2019 to €146,279 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 ≈ €270,000. Estimated: probably between €200,000 and €540,000.
Higher than 85% of 8,615 companies in 2025.
Higher than 86% of 8,291 companies in 2025.
Higher than 73% of 8,400 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
416,078 | 492,103 | 417,751 | 348,217 | 340,512 | 322,673 | 252,824 | |
21/28 |
8,353 | 6,746 | 9,675 | 2,436 | 3,472 | 3,427 | 1,952 | |
22/27 |
8,353 | 6,746 | 9,675 | 2,436 | 3,472 | 3,427 | 1,952 | |
23 |
168 | 610 | 1,069 | 484 | 1,520 | 1,475 | - | |
24 |
6,233 | 4,183 | 6,654 | - | - | - | - | |
26 |
1,952 | 1,952 | 1,952 | 1,952 | 1,952 | 1,952 | 1,952 | |
29/58 |
407,725 | 485,358 | 408,077 | 345,781 | 337,040 | 319,246 | 250,872 | |
29 |
- | - | - | - | 0 | 125,000 | - | |
291 |
- | - | - | - | 0 | 125,000 | - | |
40/41 |
67,599 | 132,193 | 122,163 | 73,922 | 104,230 | 54,239 | 36,129 | |
40 |
65,380 | 125,685 | 113,935 | 73,866 | 49,395 | 24,826 | 36,129 | |
41 |
2,219 | 6,508 | 8,228 | 56 | 54,835 | 29,413 | - | |
50/53 |
318,235 | 311,500 | 200,000 | - | - | - | - | |
54/58 |
17,535 | 39,913 | 84,189 | 270,223 | 230,885 | 138,351 | 213,260 | |
490/1 |
4,356 | 1,752 | 1,724 | 1,636 | 1,925 | 1,655 | 1,483 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
416,078 | 492,103 | 417,751 | 348,217 | 340,512 | 322,673 | 252,824 | |
10/15 |
359,866 | 385,196 | 271,401 | 192,242 | 302,956 | 252,282 | 161,569 | |
10/11 |
18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,550 | |
101 |
- | - | - | - | - | - | 12,350 | |
13 |
341,316 | 366,646 | 252,851 | 173,692 | 284,406 | 246,082 | 155,369 | |
130/1 |
- | - | 0 | 1,855 | 1,855 | 1,855 | - | |
130 |
- | - | - | - | - | - | 1,855 | |
1311 |
- | - | 0 | 1,855 | 1,855 | 1,855 | - | |
133 |
341,316 | 366,646 | 252,851 | 171,837 | 282,551 | 244,227 | 153,514 | |
14 |
0 | 0 | 0 | 0 | 0 | - | - | |
17/49 |
56,212 | 106,907 | 146,351 | 155,975 | 37,555 | 70,391 | 91,255 | |
42/48 |
54,864 | 106,567 | 145,129 | 154,325 | 36,812 | 69,430 | 88,288 | |
43 |
1,839 | 1,029 | 525 | 1,976 | 179 | - | - | |
430/8 |
1,839 | 1,029 | 525 | 1,976 | 179 | - | - | |
44 |
24,739 | 2,483 | 3,544 | 1,251 | 1,209 | 3,848 | 6,292 | |
440/4 |
24,739 | 2,483 | 3,544 | 1,251 | 1,209 | 3,848 | 6,292 | |
45 |
8,820 | 43,199 | 41,060 | 41,879 | 35,424 | 65,581 | 74,346 | |
450/3 |
8,820 | 43,199 | 41,060 | 41,879 | 33,982 | 65,581 | 74,346 | |
454/9 |
- | - | - | 0 | 1,442 | - | - | |
47/48 |
19,467 | 59,855 | 100,000 | 109,220 | - | 0 | 7,650 | |
492/3 |
1,347 | 340 | 1,222 | 1,650 | 744 | 961 | 2,967 | |
| Income statement | ||||||||
9900 |
146,279 | 207,189 | 240,994 | 144,034 | 97,847 | 208,757 | 230,268 | |
630 |
3,423 | 2,913 | 1,499 | 1,036 | 1,020 | 569 | 1,750 | |
631/4 |
- | - | - | - | - | 0 | 13,125 | |
640/8 |
1,520 | 1,054 | 1,019 | 1,264 | 863 | 856 | 1,838 | |
66A |
0 | 17 | - | - | - | - | - | |
9901 |
141,336 | 203,206 | 238,476 | 141,733 | 95,965 | 207,332 | 213,554 | |
75/76B |
5,657 | 6,626 | 170,320 | 2,117 | 281,212 | 999 | 28 | |
75 |
5,657 | 6,626 | 170,320 | 2,117 | 281,212 | 999 | 28 | |
65/66B |
495 | 916 | 170,661 | 926 | 276,206 | 1,185 | 1,492 | |
65 |
495 | 916 | 170,661 | 926 | 276,206 | 1,185 | 1,492 | |
9903 |
146,498 | 208,917 | 238,134 | 142,925 | 100,970 | 207,145 | 212,090 | |
67/77 |
39,828 | 55,121 | 58,976 | 33,639 | 22,646 | 48,433 | 56,720 | |
9904 |
106,670 | 153,796 | 179,159 | 109,285 | 78,324 | 158,712 | 155,369 | |
9905 |
106,670 | 153,796 | 179,159 | 109,285 | 78,324 | 158,712 | 155,369 | |
| Appropriation of the result | ||||||||
9906 |
106,670 | 153,796 | 179,159 | 109,285 | 78,324 | 158,712 | 155,369 | |
791/2 |
132,000 | - | 0 | 120,000 | 40,000 | 68,000 | - | |
691/2 |
106,670 | 113,796 | 79,159 | 9,285 | 78,324 | 158,712 | 155,369 | |
6920 |
- | - | - | - | - | 0 | 1,855 | |
6921 |
106,670 | 113,796 | 79,159 | 9,285 | 78,324 | 158,712 | 153,514 | |
694/7 |
132,000 | 40,000 | 100,000 | 220,000 | 40,000 | 68,000 | - | |
694 |
132,000 | 40,000 | 100,000 | 220,000 | 40,000 | 68,000 | - | |
| 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 accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00364956 | |
| 31-12-2024 | micro format | 23-05-2025 | 2025-00106649 | |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00312114 | |
| 31-12-2022 | micro format | 07-07-2023 | 2023-00224345 | |
| 31-12-2021 | micro format | 09-08-2022 | 2022-20281117 | |
| 31-12-2020 | micro format | 08-06-2021 | 2021-18600099 | |
| 31-12-2019 | micro format | 10-04-2020 | 2020-09100350 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 144,759 | 206,119 | 239,975 | 142,770 | 96,984 | 207,901 | 215,304 | ||
| 110,093 | 156,708 | 180,658 | 110,322 | 79,344 | 159,281 | 157,120 | ||
| 5,030 | -17 | 8,738 | 0 | 1,065 | 2,044 | 1,952 | ||
| -22,378 | -44,277 | -186,033 | 39,338 | 92,534 | -74,909 | - | ||
| 352,861 | 378,791 | 262,947 | 191,456 | 300,228 | 249,816 | 162,585 | ||
| 86.5% | 78.3% | 65.0% | 55.2% | 89.0% | 78.2% | 63.9% | ||
| 7.43 | 4.55 | 2.81 | 2.24 | 9.16 | 4.60 | 2.84 | ||
| 0.16 | 0.28 | 0.54 | 0.81 | 0.12 | 0.28 | 0.56 | ||
| 29.6% | 39.9% | 66.0% | 56.8% | 25.9% | 62.9% | 96.2% | ||
| 25.6% | 31.3% | 42.9% | 31.4% | 23.0% | 49.2% | 61.5% | ||
| over 100 | over 100 | 1.41 | over 100 | 0.35 | - | - |
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 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €5,030 | - | €8,738 | - | €1,065 |
| €3,423 | €2,913 | €1,499 | €1,036 | €1,020 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 30% lower than in 2024 and the lowest since 2021. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 21.7% to 13.5%. Equity and debt are lower.
SOLVERRR has no parent and no holdings in its annual accounts. VASTENAVONDT Joost is the only director. SOLVERRR shares no director with another company.
| The Optimyzers
registered office since 10-12-2014 · founded in 2014 |
total assets €938,485 (2025) 0506.730.572 |
| APPFIE
registered office since 04-06-2019 · founded in 2019 |
1.7 FTE (2025) 0727.724.979 |
| TEMMERMAN HOLDING
registered office since 30-03-2021 · founded in 2021 · negative equity (2025) |
total assets €113,753 (2025) 0765.845.484 |
| Vereniging van mede-eigenaars van de Residentie De Gaepaert te Aalst, Molenstraat 45
registered office since 20-12-2019 |
founded in 2019 0738.748.733 |
| Schampheleer, Janine (sole trader)
establishment since 13-06-1996 |
founded in 1996 0719.184.724 |
| Destaebele, Frieda (sole trader)
establishment since 23-01-1990 |
founded in 1990 0858.055.268 |
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
SOLVERRR was incorporated on 28 August 2018.1 The registered office was moved to Aalst in 2019.2 Since 2018, VASTENAVONDT Joost has served as director.3 Total assets rose from €252,824 in 2019 to €416,078 in 2025.4
| Establishment | Since | Unit number |
|---|---|---|
| Molenstraat 45 registered office 9300 Aalst | 28-08-2018 | 2.278.833.668 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 41002A0821/00M000 | 604 m² | 1 · 347 m² | 18.6 m · 3 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.
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