SOLVES
Annual accounts 2025
micro format, filed on 05-08-2026, 5 days lateTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €180,000. Estimated: probably between €150,000 and €210,000.
Amounts without an identifiable currency are taken as euros.
Balance sheet
balance sheet total €396,322 on 31-12-2025in euro
in euro
Position in the sector
95.9%
Higher than 95% of 39,368 companies in 2025.
23.96
Higher than 95% of 38,051 companies in 2025.
17.3%
Higher than 55% of 38,523 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
396,322 | 331,491 | 229,694 | 159,260 | 96,462 | 26,439 | 78,656 | |
20 |
- | - | 0 | 231 | 471 | 711 | 951 | |
21/28 |
8,109 | 13,405 | 4,048 | 4,579 | 2,147 | - | 9,367 | |
21 |
- | - | - | - | - | - | 0 | |
22/27 |
7,959 | 13,255 | 3,898 | 4,429 | 1,997 | - | 9,367 | |
22 |
- | - | - | - | - | - | 0 | |
23 |
1,000 | 1,520 | 2,041 | 2,561 | - | - | 0 | |
24 |
6,959 | 11,735 | 1,858 | 1,868 | 1,997 | - | 9,367 | |
26 |
- | - | - | - | - | - | 0 | |
27 |
- | - | - | - | - | - | 0 | |
28 |
150 | 150 | 150 | 150 | 150 | - | 0 | |
29/58 |
388,213 | 318,086 | 225,646 | 154,451 | 93,844 | 25,728 | 68,338 | |
290 |
- | - | - | - | - | - | 0 | |
291 |
- | - | - | - | - | - | 0 | |
3 |
- | - | - | - | - | - | 0 | |
30/36 |
- | - | - | - | - | - | 0 | |
37 |
- | - | - | - | - | - | 0 | |
40/41 |
1,740 | 24,479 | 11,979 | 182 | 12,887 | - | 8,500 | |
40 |
1,740 | 24,479 | 11,979 | 182 | 12,887 | - | 8,500 | |
41 |
- | - | - | - | - | - | 0 | |
50/53 |
350,274 | 235,000 | 140,000 | - | - | - | 0 | |
54/58 |
36,200 | 58,607 | 73,667 | 154,269 | 80,958 | 25,728 | 57,655 | |
490/1 |
- | - | - | - | - | - | 2,183 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
396,322 | 331,491 | 229,694 | 159,260 | 96,462 | 26,439 | 78,656 | |
10/15 |
380,116 | 311,704 | 210,528 | 151,584 | 76,636 | 17,577 | 41,499 | |
10/11 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,600 | |
101 |
- | - | - | - | - | - | 6,200 | |
11 |
- | - | - | - | - | 12,400 | 0 | |
1100/10 |
- | - | - | - | - | - | 0 | |
1109/19 |
- | - | - | - | - | 12,400 | - | |
12 |
- | - | - | - | - | - | 0 | |
13 |
391,638 | 323,226 | 222,050 | 163,106 | 88,158 | 29,099 | 29,099 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | |
130 |
- | - | - | - | - | - | 1,860 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | |
1312 |
- | - | - | - | - | - | 0 | |
1319 |
- | - | - | - | - | - | 0 | |
132 |
- | - | - | - | - | - | 0 | |
133 |
391,638 | 323,226 | 222,050 | 161,246 | 86,298 | 27,239 | 27,239 | |
14 |
-23,922 | -23,922 | -23,922 | -23,922 | -23,922 | -23,922 | 0 | |
15 |
- | - | - | - | - | - | 0 | |
160/5 |
- | - | - | - | - | - | 0 | |
160 |
- | - | - | - | - | - | 0 | |
161 |
- | - | - | - | - | - | 0 | |
162 |
- | - | - | - | - | - | 0 | |
163 |
- | - | - | - | - | - | 0 | |
164/5 |
- | - | - | - | - | - | 0 | |
168 |
- | - | - | - | - | - | 0 | |
17/49 |
16,205 | 19,787 | 19,166 | 7,676 | 19,826 | 8,862 | 37,157 | |
175 |
- | - | - | - | - | - | 0 | |
176 |
- | - | - | - | - | - | 0 | |
178/9 |
- | - | - | - | - | - | 0 | |
42/48 |
16,205 | 19,787 | 19,166 | 7,676 | 19,826 | 8,862 | 35,361 | |
42 |
- | - | - | - | - | - | 19,376 | |
430/8 |
- | - | - | - | - | - | 0 | |
439 |
- | - | - | - | - | - | 0 | |
44 |
0 | 11,563 | 1,790 | - | 197 | 1,352 | 617 | |
440/4 |
0 | 11,563 | 1,790 | - | 197 | 1,352 | 617 | |
441 |
- | - | - | - | - | - | 0 | |
46 |
- | - | - | - | - | - | 0 | |
45 |
14,764 | 6,174 | 15,858 | 6,890 | 19,250 | - | 12,903 | |
450/3 |
14,764 | 6,174 | 15,858 | 6,890 | 19,250 | - | 12,903 | |
454/9 |
- | - | - | - | - | - | 0 | |
47/48 |
1,441 | 2,050 | 1,517 | 786 | 379 | 7,510 | 2,464 | |
492/3 |
- | - | - | - | - | - | 1,796 | |
| Income statement | ||||||||
76A |
- | - | - | - | - | - | 0 | |
9900 |
104,838 | 146,537 | 92,662 | 122,383 | 85,834 | -12,461 | 53,645 | |
62 |
116 | 87 | 210 | 278 | 40 | - | 0 | |
630 |
5,297 | 1,206 | 1,339 | 750 | 259 | 9,607 | 10,253 | |
631/4 |
- | - | - | - | - | - | 0 | |
635/8 |
- | - | - | - | - | - | 0 | |
640/8 |
1,284 | 3,120 | 2,830 | 5,846 | 3,715 | 568 | 1,284 | |
649 |
- | - | - | - | - | - | 0 | |
66A |
- | - | - | - | - | - | 0 | |
9901 |
98,141 | 142,125 | 88,284 | 115,509 | 81,821 | -22,636 | 42,108 | |
75/76B |
4,813 | 6,921 | 0 | 9 | 2 | - | 0 | |
75 |
4,813 | 6,921 | 0 | 9 | 2 | - | 0 | |
76B |
- | - | - | - | - | - | 0 | |
65/66B |
100 | 472 | 385 | 75 | 56 | 940 | 951 | |
65 |
100 | 472 | 385 | 75 | 56 | 940 | 951 | |
66B |
- | - | - | - | - | - | 0 | |
9903 |
102,854 | 148,575 | 87,898 | 115,443 | 81,767 | -23,576 | 41,157 | |
67/77 |
34,442 | 47,398 | 28,954 | 40,495 | 22,709 | 346 | 12,058 | |
9904 |
68,412 | 101,176 | 58,944 | 74,948 | 59,058 | -23,922 | 29,099 | |
789 |
- | - | - | - | - | - | 0 | |
689 |
- | - | - | - | - | - | 0 | |
9905 |
68,412 | 101,176 | 58,944 | 74,948 | 59,058 | -23,922 | 29,099 | |
| Appropriation of the result | ||||||||
9906 |
44,490 | 77,255 | 35,022 | 51,027 | 35,137 | -23,922 | 29,099 | |
14P |
-23,922 | -23,922 | -23,922 | -23,922 | -23,922 | - | - | |
791/2 |
- | - | - | - | - | - | 0 | |
691/2 |
68,412 | 101,176 | 58,944 | 74,948 | 59,058 | - | 29,099 | |
691 |
- | - | - | - | - | - | 0 | |
6920 |
- | - | - | - | - | - | 1,860 | |
6921 |
68,412 | 101,176 | 58,944 | 74,948 | 59,058 | - | 27,239 | |
694 |
- | - | - | - | - | - | 0 | |
695 |
- | - | - | - | - | - | 0 | |
696 |
- | - | - | - | - | - | 0 | |
| 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 05-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 5 days after the deadline. Filed on 5 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00398722.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 05-08-2026 | 2026-00398722 | |
| 31-12-2024 | micro format | 28-07-2025 | 2025-00346799 | |
| 31-12-2023 | micro format | 24-08-2024 | 2024-00379814 | |
| 31-12-2022 | micro format | 25-07-2023 | 2023-00269634 | |
| 31-12-2021 | micro format | 04-07-2022 | 2022-20137492 | |
| 31-12-2020 | micro format | 10-06-2021 | 2021-18900586 | |
| 31-12-2019 | micro format | 24-08-2020 | 2020-43800003 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 103,437 | 143,331 | 89,623 | 116,259 | 82,080 | -13,029 | 52,361 | ||
| 73,708 | 102,382 | 60,283 | 75,698 | 59,317 | -14,315 | 39,352 | ||
| 0 | 10,562 | 578 | 2,942 | 2,165 | 951 | 19,371 | ||
| -22,408 | -15,059 | -80,602 | 73,311 | 55,230 | -31,927 | - | ||
| 372,008 | 298,299 | 206,480 | 146,774 | 74,018 | 16,866 | 32,977 | ||
| 95.9% | 94.0% | 91.7% | 95.2% | 79.4% | 66.5% | 52.8% | ||
| 23.96 | 16.08 | 11.77 | 20.12 | 4.73 | 2.90 | 1.93 | ||
| 0.04 | 0.06 | 0.09 | 0.05 | 0.26 | 0.50 | 0.90 | ||
| 18.0% | 32.5% | 28.0% | 49.4% | 77.1% | -136.1% | 70.1% | ||
| 17.3% | 30.5% | 25.7% | 47.1% | 61.2% | -90.5% | 37.0% | ||
| over 100 | over 100 | over 100 | over 100 | 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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €10,562 | €578 | €2,942 | €2,015 |
| Financial fixed assets | - | - | - | - | €150 |
| €5,297 | €1,206 | €1,339 | €750 | €259 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on SOLVES
The operating result for 2025 is 31% lower than in 2024.
Debt's share of the balance-sheet total falls from 6.0% to 4.1%. Equity is higher and debt is lower.