Skip to content

SOLVX

Active
Private limited company (pre-2019)founded 200521 yrs activeLouizalaan 390, 1050 Brussel, BelgiumKBO/BCE: BE 0873.746.801
Summary

SOLVX has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€52,868) and a net result of -€31,094. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 7794 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.11 against 0.61 in 2024; short-term debt: 250.1% and cash: 0.8% of total assets), and equity is negative.
Credit check for your own amount and term

Open the credit simulator : see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025
Solvency, return and age of the figures
Solvency
-199.8%
Return on assets
-117.5%
Age of the figures
12 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 21 years 0 30 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€52,868
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-05-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
27 d late
2024
16 d late
2023
31 d late
2022
30 d late
2021
4 d early
2020
31 d late
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 19 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
26-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 11 May 2005, SOLVX was incorporated.1 Total assets went from EUR 20,832 in 2018 to EUR 26,465 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
-€52,868▼ 143%
2024 · -€21,775
Total assets
€26,465▼ 26.6%
2024 · €36,056
Net result
-€31,094
2024 · €18,300
Working capital
-€59,143▼ 160%
2024 · -€22,753
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€17,345€8,025-€25,084€19,526-€28,257
Net result-€18,265€6,261-€26,391€18,300-€31,094
Equity-€19,944▼ 1,087%-€13,684▲ 31.4%-€40,075▼ 193%-€21,775▲ 45.7%-€52,868▼ 143%
Total assets€21,058▼ 36.3%€18,615▼ 11.6%€10,516▼ 43.5%€36,056▲ 243%€26,465▼ 26.6%
Debt€41,003▲ 18.1%€32,299▼ 21.2%€50,591▲ 56.6%€57,830▲ 14.3%€79,333▲ 37.2%
Working capital-€23,163▼ 288%-€13,801▲ 40.4%-€40,080▼ 190%-€22,753▲ 43.2%-€59,143▼ 160%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2021: -€17,345-€17,345Net result 2021: -€18,265-€18,265Operating result 2022: €8,025€8,025Net result 2022: €6,261€6,261Operating result 2023: -€25,084-€25,084Net result 2023: -€26,391-€26,391Operating result 2024: €19,526€19,526Net result 2024: €18,300€18,300Operating result 2025: -€28,257-€28,257Net result 2025: -€31,094-€31,09420212022202320242025-€40,000-€20,000€0€20,000Operating result 2023: -€25,084-€25,100Net result 2023: -€26,391-€26,400Operating result 2024: €19,526€19,500Net result 2024: €18,300€18,300Operating result 2025: -€28,257-€28,300Net result 2025: -€31,094-€31,100202320242025
The operating result turns negative in 2025: a loss of €28,257 after €19,526 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €26,465
Fixed assets €19,410 ▲ 1,885%
Current assets €7,055 ▼ 79.9%
Key figures and ratios
2025 value · change against 2024
EBITDA
-€23,143▼
2024 · €19,767
Cash flow
-€25,980▼
2024 · €18,541
Solvency
-199.8%▼
2024 · -60.4%
Current ratio
0.11▼
2024 · 0.61
Debt to equity
-1.50▲
2024 · -2.66
ROA
-117.5%▼
2024 · 50.8%
Interest coverage
-10.70▼
2024 · 16.13
Debt ≤ 1 year
€66,197▲
2024 · €57,830
Debt > 1 year
€13,135
Income taxes
€693▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€36,056€26,465▼
Fixed assets21/28€978€19,410▲
Tangible fixed assets22/27€978€19,410▲
Furniture and vehicles24€978€573▼
Leasing and similar rights25-€18,836
Current assets29/58€35,078€7,055▼
Amounts receivable within one year40/41€24,227€6,850▼
Trade receivables40€24,032€6,200▼
Other amounts receivable41€195€650▲
Cash at bank and in hand54/58€8,050€205▼
Deferred charges and accrued income490/1€2,801-
Equity and liabilities
Total equity and liabilities10/49€36,056€26,465▼
Equity10/15-€21,775-€52,868▼
Contributions10/11€6,200€6,200=
Capital10€6,200-
Issued capital100€18,600-
Uncalled capital101€12,400-
Reserves13€4,338€4,338=
Non-distributable reserves130/1€1,860€1,860=
Legal reserve130€1,860-
Reserves not available under the articles1311-€1,860
Tax-exempt reserves132€2,478€2,478=
Profit (loss) carried forward14-€32,313-€63,407▼
Amounts payable17/49€57,830€79,333▲
Amounts payable after more than one year17-€13,135
Financial debts170/4-€13,135
Amounts payable within one year42/48€57,830€66,197▲
Current portion of amounts payable after more than one year42€452€5,263▲
Trade debts44€30,446€23,464▼
Suppliers440/4€30,446€23,464▼
Taxes, remuneration and social security45€3,181€722▼
Taxes450/3€3,181€722▼
Other amounts payable47/48€23,751€36,748▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€241€5,114▲
Other operating charges640/8€2,906€2,828▼
Gross operating margin9900€22,672-€20,315▼
Operating profit (loss)9901€19,526-€28,257▼
Financial income75/76B€0€19▲
Recurring financial income75€0€19▲
Financial charges65/66B€1,226€2,163▲
Recurring financial charges65€1,226€2,163▲
Profit (loss) for the period before taxes9903€18,300-€30,401▼
Income taxes67/77€0€693▲
Profit (loss) for the period9904€18,300-€31,094▼
Profit (loss) for the period to be appropriated9905€18,300-€31,094▼
Appropriation of the result
Profit (loss) to be appropriated9906-€32,313-€63,407▼
Profit (loss) brought forward from the previous period14P-€50,613-€32,313▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,052€6,919€460€241€5,114▲ 2,023%
Other operating charges640/8€682€1,226€795€2,906€2,828▼ 2.7%
Gross operating margin9900-€8,611€16,170-€23,830€22,672-€20,315▼ 190%
Operating profit (loss)9901-€17,345€8,025-€25,084€19,526-€28,257▼ 245%
Financial income75/76B€296-€20€0€19▲ 20,744%
Recurring financial income75€1-€20€0€19▲ 20,744%
Non-recurring financial income76B€295-----
Financial charges65/66B€1,182€1,398€1,065€1,226€2,163▲ 76.5%
Recurring financial charges65€1,182€1,325€1,065€1,226€2,163▲ 76.5%
Non-recurring financial charges66B-€73----
Profit (loss) for the period before taxes9903-€18,230€6,627-€26,130€18,300-€30,401▼ 266%
Income taxes67/77€35€367€261€0€693▲ 2,310,033%
Profit (loss) for the period9904-€18,265€6,261-€26,391€18,300-€31,094▼ 270%
Profit (loss) for the period to be appropriated9905-€18,265€6,261-€26,391€18,300-€31,094▼ 270%
Line20212022202320242025Change
Assets
Total assets20/58€21,058€18,615€10,516€36,056€26,465▼ 26.6%
Fixed assets21/28€7,383€465€5€978€19,410▲ 1,885%
Tangible fixed assets22/27€7,383€465€5€978€19,410▲ 1,885%
Furniture and vehicles24€6,990€266-€978€573▼ 41.4%
Leasing and similar rights25----€18,836-
Other tangible fixed assets26€393€199€5---
Current assets29/58€13,675€18,150€10,511€35,078€7,055▼ 79.9%
Amounts receivable within one year40/41€13,370€17,714€9,784€24,227€6,850▼ 71.7%
Trade receivables40€13,023€17,519€9,589€24,032€6,200▼ 74.2%
Other amounts receivable41€347€195€195€195€650▲ 234%
Cash at bank and in hand54/58€12€436€728€8,050€205▼ 97.5%
Deferred charges and accrued income490/1€293--€2,801--
Equity and liabilities
Total equity and liabilities10/49€21,058€18,615€10,516€36,056€26,465▼ 26.6%
Equity10/15-€19,944-€13,684-€40,075-€21,775-€52,868▼ 143%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Capital10€6,200€6,200€6,200€6,200--
Issued capital100€18,600€18,600€18,600€18,600--
Uncalled capital101€12,400€12,400€12,400€12,400--
Reserves13€4,338€4,338€4,338€4,338€4,338=
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€1,860=
Legal reserve130€1,860€1,860€1,860€1,860--
Reserves not available under the articles1311----€1,860-
Tax-exempt reserves132€2,478€2,478€2,478€2,478€2,478=
Profit (loss) carried forward14-€30,483-€24,222-€50,613-€32,313-€63,407▼ 96.2%
Amounts payable17/49€41,003€32,299€50,591€57,830€79,333▲ 37.2%
Amounts payable after more than one year17€4,164---€13,135-
Financial debts170/4€4,164---€13,135-
Amounts payable within one year42/48€36,839€31,951€50,591€57,830€66,197▲ 14.5%
Current portion of amounts payable after more than one year42€10,949€6,973€6,606€452€5,263▲ 1,065%
Financial debts43--€2,115---
Credit institutions430/8--€2,115---
Trade debts44€9,526€10,475€9,912€30,446€23,464▼ 22.9%
Suppliers440/4€9,526€10,475€9,912€30,446€23,464▼ 22.9%
Taxes, remuneration and social security45€2,652€567€954€3,181€722▼ 77.3%
Taxes450/3€2,652€567€954€3,181€722▼ 77.3%
Other amounts payable47/48€13,712€13,936€31,005€23,751€36,748▲ 54.7%
Accrued charges and deferred income492/3-€348----
Line20212022202320242025Change
Profit (loss) for the period9904-€18,265€6,261-€26,391€18,300-€31,094▼ 270%
+ Depreciation and write-downs630€8,052€6,919€460€241€5,114▲ 2,023%
Operating cash flow (approximation)-€10,213€13,179-€25,931€18,541-€25,980▼ 240%
Investment in fixed assets (approximation)-€0€0-€1,214-€23,545▼ 1,839%
Change in cash-€424€291€7,322-€7,845▼ 207%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
27-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
30-09
Financial Weakest financial yearnet -€31,094
Net result drops to -€31,094, the lowest in the series.
16-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 16 days late
2024
30-09
Financial Back to profitnet €18,300
Net result €18,300 after one loss-making year.
31-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
30-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-09
Financial Back to profitnet €6,261
Net result €6,261 after one loss-making year.
26-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
28-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
30-05
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Brussel · 1 establishment unit since 2005
seat establishment The establishment unit on the map
Ground area
1,228 m²
Building footprint
529 m²
Volume, LiDAR
8,602 m³
Parcel 21807G0218/00E016, Brussels · tallest building 24.9 m, ±7 floors. Linked by address, not a title deed.
94 companies at this address See who is registered here
1 establishment unit
solvx sprl
Louizalaan 390, 1050 ElseneNACE 74142
since 20052.147.654.135
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0218/00E016 Brussels 1,228 m² 1 · 529 m² 24.9 m · 7 fl.
Linked by address, not proof of ownership
Good to know
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 and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 24,515 companies in sector 82990 we hold annual accounts for 9,413. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded11-05-2005
Fiscal year end30-09
Activities, NACEBEL 2025
82990Other business support services

Scores and ratios are computed by Checked and are not a credit decision.