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Solvondo

Active
Private limited companyfounded 2004active for 22 yearsWaalstraat 81, 9870 Zulte, BelgiumKBO/BCE: BE 0866.464.574
Summary

Solvondo has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,173 and a net result of €2,903. Equity has been growing by about 57% per year since 2019. Its solvency ranks better than 33% of 16,996 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

Source: KBO
Status
Active since 06-07-2004 Normal situation
Activity
Cafés and bars NACE 56301and 11 others
Establishment units
2.144.845.687 9870 Zulte, since 17-11-2004
2.279.336.781 9870 Zulte, since 15-09-2018
Financial year end
30 September
Peppol
Reachable since 15-05-2025

Board and ownership

Board

Financial position

68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts to 30-09-2025
Gross margin
€17,055
▼ 8.0%
Turnover
≈ €170,000
estimated
Profit
€2,903
▼ 30.3%
Equity
€11,173
▲ 35.1%
Total assets
€116,679
▲ 130%
Filed on 31-03-2026, 30 days before the deadline
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Equity €11,173 (9.6% of total assets)lowers riskFounded in 2004Size: total assets €116,679Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 43% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Weak
Solvency 35-6
equity 9.6% of total assets
Liquidity 11-16
short-term debt 89.5% · cash 8.6%
Profitability 72-7
return on assets 2.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,778 companies, NACE 56, micro)
Last 24 months 12-2024: 0.8% 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025lowest value 04-2025: 1.0%▲ +0.2 percentage points vs 03-2025highest value 05-2025: 0.8%▼ -0.2 percentage points vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.8%● unchanged vs 06-2025 08-2025: 0.8%● unchanged vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 0.8%● unchanged vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026 11-2026: 0.8%● unchanged vs 10-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.42 (0.75 in 2024), below 1. Short-term debt is 89.5% and cash 8.6% of total assets. 90.4% of the assets are financed with debt and provisions.
Calculation

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 56, micro). It does better than 33% of them on solvency, 10% on liquidity, 53% on profitability and 75% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Founded in 2004
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €116,679
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €11,173 (9.6% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 days early
2024
2 days early
2023
7 days early
2022
25 days early
2021
24 days early
2020
22 days early
2019
28 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 20 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 6 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end02-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 7th oldest company in Zulte, Accommodation and food service sectorin the Checked rankings No. 7 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Purpose
  2. · Gazette deed Changes of role: DEMEYER Evelyne (director) and DEMEYER Luc (director)Appointment: DEMEYER Jeneil (director)
  3. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as Solvondo: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €91,800 and €135,000, founded between 2006 and 2010.

CompanyTotal assetsGross margin
Solvondo Zulte€116,679€17,055
CONNECT-IT Westerlo€108,092€14,352
S N K Zemst€117,342€19,581
HOTSY TOTSY Gent€134,874€25,236
ARDIMANA Maldegem€113,925€21,390
ZHANO Ninove€91,777€25,738
CELECTRICS Wetteren€108,117€23,706
Full comparison

Key facts about Solvondo

What is the company number of Solvondo?
The company number of Solvondo is 0866.464.574. The VAT number is the same number with BE in front: BE 0866.464.574.
Where is Solvondo based?
The registered office is at Waalstraat 81, 9870 Zulte.Company details
What does Solvondo do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of Solvondo?
The legal form of Solvondo is Private limited company (BV).
When was Solvondo founded?
Solvondo was founded on 06-07-2004.
Is Solvondo still active?
Yes, Solvondo is an active enterprise in the KBO register.
What is the turnover of Solvondo?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €17,055 and 101 comparable companies (NACE 56301). It probably lies between €87,000 and €380,000. It is a rough estimate.Financials
Is Solvondo profitable?
In financial year 2025, Solvondo made a profit of €2,903.
Where can I find the annual accounts of Solvondo?
Solvondo filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Solvondo due?
Solvondo must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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