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SOLVYPRO

Active
Private limited companyfounded 2014active for 11 yearsGrote Moerstraat 72, 8200 Brugge, BelgiumKBO/BCE: BE 0567.999.534

From the official registers: KBO 11 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

SOLVYPRO has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €306,674 and a net result of €153,699. Equity has been growing by about 20% per year since 2018. Its solvency ranks better than 55% of 39,242 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
20-07-2026
Format
micro format
Reference
2026-00315205
Turnover
≈ €390,000
Estimated: probably between €330,000 and €470,000
Total assets
€504,323▼ 14.9%
2024 · €592,592
Net result
€153,699▲ 6.3%
2024 · €144,556
Working capital
€249,700▲ 0.5%
2024 · €248,519
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is 7% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Operating result€202,373 2025 Net result€153,699 2025

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€74,403-€80,599▲ 8.3%€105,773▲ 31.2%€135,096▲ 27.7%€168,969▲ 25.1%€156,987▼ 7.1%€188,628▲ 20.2%€202,373▲ 7.3%
Net result€52,226-€54,101▲ 3.6%€72,314above the sector's middle half▲ 33.7%€93,942above the sector's middle half▲ 29.9%€116,260above the sector's middle half▲ 23.8%€120,923above the sector's middle half▲ 4.0%€144,556above the sector's middle half▲ 19.5%€153,699above the sector's middle half▲ 6.3%
Equity€49,418-€103,519▲ 109%€175,833within the sector's middle half▲ 69.9%€269,775above the sector's middle half▲ 53.4%€386,034above the sector's middle half▲ 43.1%€465,599above the sector's middle half▲ 20.6%€302,975above the sector's middle half▼ 34.9%€306,674above the sector's middle half▲ 1.2%
Total assets€80,399-€153,721▲ 91.2%€237,776within the sector's middle half▲ 54.7%€322,615within the sector's middle half▲ 35.7%€436,891within the sector's middle half▲ 35.4%€539,312above the sector's middle half▲ 23.4%€592,592above the sector's middle half▲ 9.9%€504,323above the sector's middle half▼ 14.9%
Debt€30,981-€50,202▲ 62.0%€61,944▲ 23.4%€52,840▼ 14.7%€50,857▼ 3.8%€73,713▲ 44.9%€289,617▲ 293%€197,649▼ 31.8%
Working capital€46,828-€77,865▲ 66.3%€159,930above the sector's middle half▲ 105%€249,459above the sector's middle half▲ 56.0%€358,865above the sector's middle half▲ 43.9%€428,270above the sector's middle half▲ 19.3%€248,519above the sector's middle half▼ 42.0%€249,700above the sector's middle half▲ 0.5%
Solvency61.5%-67.3%▲ 5.9pp73.9%within the sector's middle half▲ 6.6pp83.6%above the sector's middle half▲ 9.7pp88.4%above the sector's middle half▲ 4.7pp86.3%above the sector's middle half▼ 2.0pp51.1%within the sector's middle half▼ 35.2pp60.8%within the sector's middle half▲ 9.7pp
Current ratio2.56-2.59▲ 0.033.63within the sector's middle half▲ 1.055.76above the sector's middle half▲ 2.138.12above the sector's middle half▲ 2.366.83above the sector's middle half▼ 1.291.98within the sector's middle half▼ 4.842.44within the sector's middle half▲ 0.45
Return on assets (ROA)65.0%-35.2%▼ 29.8pp30.4%above the sector's middle half▼ 4.8pp29.1%above the sector's middle half▼ 1.3pp26.6%within the sector's middle half▼ 2.5pp22.4%within the sector's middle half▼ 4.2pp24.4%within the sector's middle half▲ 2.0pp30.5%within the sector's middle half▲ 6.1pp
above within below The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €504,323
Fixed assets €81,071 ▼ 11.6%
Current assets €423,252 ▼ 15.5%
Equity and liabilities €504,323
Equity €306,674 ▲ 1.2%
Debt €197,649 ▼ 31.8%
Debt's share of the balance-sheet total falls from 48.9% to 39.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€229,066▲
2024 · €206,116
Cash flow
€180,392▲
2024 · €162,044
Debt to equity
0.64▼
2024 · 0.96
ROE
50.1%▲
2024 · 47.7%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€173,552▼
2024 · €252,376
Debt > 1 year
€23,928▼
2024 · €37,013
Income taxes
€53,978▲
2024 · €46,310
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Companies with the same profile, two years later

Historical observation

In July 2024, 17,811 companies had the same profile as SOLVYPRO has now. Two years later, 0.3% had gone bankrupt and 96.5% were still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.3% went bankrupt
3.1% stopped otherwise
96.5% was still going

That fits the bankruptcy probability of SOLVYPRO itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 17,811 companies, not a prediction for SOLVYPRO. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines

Source: Annual accounts 2025 at the NBB, filed on 20-07-2026.

Balance sheet Code20242025
Assets
Total assets20/58€592,592€504,323▼
Fixed assets21/28€91,697€81,071▼
Tangible fixed assets22/27€89,847€79,221▼
Plant, machinery and equipment23€4,598€3,963▼
Furniture and vehicles24€13,435€16,902▲
Leasing and similar rights25€58,519€46,284▼
Other tangible fixed assets26€13,294€12,072▼
Financial fixed assets28€1,850€1,850=
Current assets29/58€500,895€423,252▼
Amounts receivable after more than one year29€125,000€25,000▼
Other amounts receivable291€125,000€25,000▼
Amounts receivable within one year40/41€65,118€45,422▼
Trade receivables40€62,912€45,412▼
Other amounts receivable41€2,207€10▼
Current investments50/53€133,014€135,764▲
Cash at bank and in hand54/58€171,222€202,391▲
Deferred charges and accrued income490/1€6,540€14,674▲
Equity and liabilities
Total equity and liabilities10/49€592,592€504,323▼
Equity10/15€302,975€306,674▲
Contributions10/11€18,600€18,600=
Reserves13€284,375€288,074▲
Non-distributable reserves130/1€1,860€0▼
Reserves not available under the articles1311€1,860€0▼
Distributable reserves133€282,515€288,074▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€289,617€197,649▼
Amounts payable after more than one year17€37,013€23,928▼
Financial debts170/4€37,013€23,928▼
Amounts payable within one year42/48€252,376€173,552▼
Current portion of amounts payable after more than one year42€24,163€12,011▼
Trade debts44€11,072€9,282▼
Suppliers440/4€11,072€9,282▼
Taxes, remuneration and social security45€8,780€15,765▲
Taxes450/3€8,780€15,765▲
Other amounts payable47/48€208,362€136,494▼
Accrued charges and deferred income492/3€227€169▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,488€26,692▲
Other operating charges640/8€3,061€2,888▼
Gross operating margin9900€209,177€231,953▲
Operating profit (loss)9901€188,628€202,373▲
Financial income75/76B€3,442€7,142▲
Recurring financial income75€3,442€7,142▲
Financial charges65/66B€1,203€1,838▲
Recurring financial charges65€1,203€1,838▲
Profit (loss) for the period before taxes9903€190,866€207,677▲
Income taxes67/77€46,310€53,978▲
Profit (loss) for the period9904€144,556€153,699▲
Profit (loss) for the period to be appropriated9905€144,556€153,699▲
Appropriation of the result
Profit (loss) to be appropriated9906€144,556€153,699▲
Transfer from equity791/2€175,024€0▼
Transfer to equity691/2€0€3,699▲
To other reserves6921€0€3,699▲
Profit to be distributed694/7€319,580€150,000▼
Return on contributions (dividend)694€319,580€150,000▼

The notes to these accounts have 12 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.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€1,062€0----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,555€13,128€12,536€3,185€3,451€10,699€17,488€26,692▲ 52.6%
Other operating charges640/8---€2,077€1,124€1,218€3,061€2,888▼ 5.7%
Non-recurring operating charges66A---€0-----
Gross operating margin9900€77,771€95,819€119,920€140,359€173,544€168,904€209,177€231,953▲ 10.9%
Operating profit (loss)9901€74,403€80,599€105,773€135,096€168,969€156,987€188,628€202,373▲ 7.3%
Financial income75/76B---€776€1,500€2,929€3,442€7,142▲ 108%
Recurring financial income75€1€0€2€776€1,500€2,929€3,442€7,142▲ 108%
Financial charges65/66B---€1,363€2,417€417€1,203€1,838▲ 52.8%
Recurring financial charges65€1,336€1,435€1,457€1,363€2,417€417€1,203€1,838▲ 52.8%
Profit (loss) for the period before taxes9903€73,067€79,164€104,318€134,510€168,051€159,500€190,866€207,677▲ 8.8%
Income taxes67/77€20,842€25,063€32,004€40,568€51,792€38,577€46,310€53,978▲ 16.6%
Profit (loss) for the period9904€52,226€54,101€72,314€93,942€116,260€120,923€144,556€153,699▲ 6.3%
Profit (loss) for the period to be appropriated9905€52,226€54,101€72,314€93,942€116,260€120,923€144,556€153,699▲ 6.3%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€80,399€153,721€237,776€322,615€436,891€539,312€592,592€504,323▼ 14.9%
Fixed assets21/28€3,490€26,756€17,116€20,732€27,630€37,576€91,697€81,071▼ 11.6%
Tangible fixed assets22/27€3,410€24,826€15,186€18,802€25,700€35,726€89,847€79,221▼ 11.8%
Plant, machinery and equipment23----€5,868€5,233€4,598€3,963▼ 13.8%
Furniture and vehicles24---€5,786€4,093€15,976€13,435€16,902▲ 25.8%
Leasing and similar rights25------€58,519€46,284▼ 20.9%
Other tangible fixed assets26---€13,016€15,739€14,517€13,294€12,072▼ 9.2%
Financial fixed assets28€80€1,930€1,930€1,930€1,930€1,850€1,850€1,850=
Current assets29/58€76,909€126,965€220,660€301,883€409,261€501,736€500,895€423,252▼ 15.5%
Amounts receivable after more than one year29---€100,000€125,000€125,000€125,000€25,000▼ 80.0%
Other amounts receivable291---€100,000€125,000€125,000€125,000€25,000▼ 80.0%
Amounts receivable within one year40/41€40,271€71,911€37,799€93,714€40,751€76,286€65,118€45,422▼ 30.2%
Trade receivables40---€92,829€40,751€43,005€62,912€45,412▼ 27.8%
Other amounts receivable41---€885€0€33,281€2,207€10▼ 99.6%
Current investments50/53----€131,850€132,369€133,014€135,764▲ 2.1%
Cash at bank and in hand54/58€36,121€52,837€179,264€95,208€85,247€161,288€171,222€202,391▲ 18.2%
Deferred charges and accrued income490/1---€12,961€26,413€6,793€6,540€14,674▲ 124%
Equity and liabilities
Total equity and liabilities10/49€80,399€153,721€237,776€322,615€436,891€539,312€592,592€504,323▼ 14.9%
Equity10/15€49,418€103,519€175,833€269,775€386,034€465,599€302,975€306,674▲ 1.2%
Contributions10/11€6,200€6,200-€6,200€6,200€6,200€18,600€18,600=
Reserves13€43,218€97,319€169,633€263,575€379,834€459,399€284,375€288,074▲ 1.3%
Non-distributable reserves130/1---€1,860€1,860€1,860€1,860€0▼ 100%
Reserves not available under the articles1311---€1,860€1,860€1,860€1,860€0▼ 100%
Distributable reserves133---€261,715€377,974€457,539€282,515€288,074▲ 2.0%
Profit (loss) carried forward14-----€0€0€0-
Amounts payable17/49€30,981€50,202€61,944€52,840€50,857€73,713€289,617€197,649▼ 31.8%
Amounts payable after more than one year17------€37,013€23,928▼ 35.4%
Financial debts170/4------€37,013€23,928▼ 35.4%
Amounts payable within one year42/48€30,081€49,099€60,730€52,424€50,396€73,466€252,376€173,552▼ 31.2%
Current portion of amounts payable after more than one year42------€24,163€12,011▼ 50.3%
Financial debts43---€0-----
Other loans439---€0-----
Trade debts44€4,766€1,946€2,553€6,726€22,644€9,032€11,072€9,282▼ 16.2%
Suppliers440/4---€6,726€22,644€9,032€11,072€9,282▼ 16.2%
Taxes, remuneration and social security45---€30,968€19,812€23,076€8,780€15,765▲ 79.6%
Taxes450/3---€26,668€15,512€23,076€8,780€15,765▲ 79.6%
Remuneration and social security454/9---€4,300€4,300€0---
Other amounts payable47/48---€14,730€7,940€41,358€208,362€136,494▼ 34.5%
Accrued charges and deferred income492/3---€417€461€247€227€169▼ 25.8%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€52,226€54,101€72,314€93,942€116,260€120,923€144,556€153,699▲ 6.3%
+ Depreciation and write-downs630€2,555€13,128€12,536€3,185€3,451€10,699€17,488€26,692▲ 52.6%
Operating cash flow (approximation)€54,780€67,228€84,850€97,127€119,711€131,622€162,044€180,392▲ 11.3%
Investment in fixed assets (approximation)--€36,394-€2,896-€6,801-€10,350-€20,644-€71,609-€16,066▲ 77.6%
Change in cash-€16,716€126,427-€84,055-€9,961€76,041€9,934€31,169▲ 214%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 11 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 20-07-2026 2026-00315205 NBB
31-12-2024 micro format 10-07-2025 2025-00260278 PDF
31-12-2023 micro format 08-07-2024 2024-00226683 PDF
31-12-2022 micro format 27-07-2023 2023-00288446 PDF
31-12-2021 micro format 26-07-2022 2022-20231390 PDF
31-12-2020 micro format 23-06-2021 2021-23200121 PDF
31-12-2019 micro format 03-07-2020 2020-25700092 PDF
31-12-2018 micro format 17-06-2019 2019-18900353 PDF
31-12-2017 micro format 22-06-2018 2018-21500383 PDF
31-12-2016 micro format 04-07-2017 2017-28700280 PDF

Show all 11 filings

Comparable companies

These companies have the same main activity as SOLVYPRO: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €369,000 and €604,000, founded between 2013 and 2016.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFinancial year
SOLVYPRO Brugge2014€504,323€306,674€231,953-€153,6992025
DELI SHOPPING Lendelede2016€465,056€54,787€202,473-€23,3322025
EVERLONG Beveren-Kruibeke-Zwijndrecht2013€504,523€108,007€237,430€360,468€203,6112025
CENTIMMO Peer2014€603,950€430,283€197,379-€100,0192025
ESPECO Bütgenbach2014€407,850€20,460€269,102-€169,0532025
NELIXE Oudenaarde2016€496,716€192,591€267,903-€209,0852025
KBB Turnhout2015€369,167€282,956€255,975-€170,4772025

They were chosen from the 3,691 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.