SRL SOLUTION MD
ActiveSummary
The computed 12-month bankruptcy probability of SRL SOLUTION MD is 2.9% (moderate). The annual accounts of SRL SOLUTION MD for fiscal year 2025 show a net loss of 82% of the equity at the start of that year. The 2025 annual accounts show equity of €6k and a net result of €-28k. Equity is shrinking by ~39.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 13% of 1909 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-75
Solvency32▼-29
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.83 against 1.38 in 2024; short-term debt: 79.3% and cash: 7% of total assets), and 93.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
6.5%
Return on assets
-30.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 1909 sector peers (2025).
NBB · sector comparisonPosition among 1909 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 3 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
6 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€6k▼ 82.3%
2024 · €34k
2023: €30k
2024: €34k▲ +15.4% vs 2023highest in 3 years
2025: €6k▼ -82.3% vs 2024lowest in 3 years
2023 → 2025
Total assets
€94k▼ 1.7%
2024 · €96k
2023: €87klowest in 3 years
2024: €96k▲ +9.8% vs 2023highest in 3 years
2025: €94k▼ -1.7% vs 2024
2023 → 2025
Net result
€-28k
2024 · €5k
2023: €25khighest in 3 years
2024: €5k▼ -81.5% vs 2023
2025: €-28k▼ -715% vs 2024lowest in 3 years
2023 → 2025
Working capital
€-13k
2024 · €15k
2023: €15k
2024: €15k▲ +1.5% vs 2023highest in 3 years
2025: €-13k▼ -185% vs 2024lowest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€30k-€34k▲ 15.4%€6k▼ 82.3%
2023: €30k
2024: €34k▲ +15.4% vs 2023highest in 3 years
2025: €6k▼ -82.3% vs 2024lowest in 3 years
Operating result€35k-€9k▼ 74.2%€-26k
2023: €35khighest in 3 years
2024: €9k▼ -74.2% vs 2023
2025: €-26k▼ -387% vs 2024lowest in 3 years
Net result€25k-€5k▼ 81.5%€-28k
2023: €25khighest in 3 years
2024: €5k▼ -81.5% vs 2023
2025: €-28k▼ -715% vs 2024lowest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €26k after €9k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €94k
Fixed assets
€32k ▼ 23.6%
Current assets
€62k ▲ 15.4%
Equity and liabilities €94k
Equity
€6k ▼ 82.3%
Debt
€88k ▲ 43.8%
Debt's share of the balance-sheet total rises from 63.9% to 93.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-12k▼
2024 · €22k
Cash flow
€-14k▼
2024 · €17k
Current ratio
0.83▼
2024 · 1.38
Debt to equity
14.37▲
2024 · 1.77
ROE
-464.1%▼
2024 · 13.4%
ROA
-30.2%▼
2024 · 4.8%
Interest coverage
-3.41▼
2024 · 10.12
Debt ≤ 1 year
€75k▲
2024 · €39k
Debt > 1 year
€13k▼
2024 · €21k
Income taxes
€-559▼
2024 · €2k
Staff costs
€8k▼
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€96k€94k▼
Fixed assets21/28€42k€32k▼
Intangible fixed assets21€28k€19k▼
Tangible fixed assets22/27€14k€12k▼
Plant, machinery and equipment23€8k€6k▼
Furniture and vehicles24€6k€4k▼
Assets under construction and advance payments27-€2k
Financial fixed assets28€800€800=
Current assets29/58€54k€62k▲
Amounts receivable within one year40/41€36k€33k▼
Trade receivables40€27k€24k▼
Other amounts receivable41€9k€9k▼
Cash at bank and in hand54/58€14k€7k▼
Deferred charges and accrued income490/1€4k€23k▲
Equity and liabilities
Total equity and liabilities10/49€96k€94k▼
Equity10/15€34k€6k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€29k€1k▼
Amounts payable17/49€61k€88k▲
Amounts payable after more than one year17€21k€13k▼
Financial debts170/4€21k€13k▼
Amounts payable within one year42/48€39k€75k▲
Current portion of amounts payable after more than one year42€9k€9k▲
Trade debts44€23k€53k▲
Suppliers440/4€23k€53k▲
Taxes, remuneration and social security45€2k€5k▲
Taxes450/3€794€2k▲
Remuneration and social security454/9€1k€3k▲
Other amounts payable47/48€5k€7k▲
Accrued charges and deferred income492/3€849€800▼
Income statement
Code20242025
Remuneration, social security and pensions62€8k€8k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€14k▲
Other operating charges640/8€742€6k▲
Gross operating margin9900€30k€2k▼
Operating profit (loss)9901€9k€-26k▼
Financial income75/76B€9€174▲
Recurring financial income75€9€174▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€7k€-29k▼
Income taxes67/77€2k€-559▼
Profit (loss) for the period9904€5k€-28k▼
Profit (loss) for the period to be appropriated9905€5k€-28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€1k▼
Profit (loss) brought forward from the previous period14P€25k€29k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €816 | €8k | €8k | ▼ 0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €13k | €14k | ▲ 9.2% |
| Other operating charges640/8 | €140 | €742 | €6k | ▲ 651% |
| Gross operating margin9900 | €45k | €30k | €2k | ▼ 94.4% |
| Operating profit (loss)9901 | €35k | €9k | €-26k | ▼ 387% |
| Financial income75/76B | €3 | €9 | €174 | ▲ 1,843% |
| Recurring financial income75 | €3 | €9 | €174 | ▲ 1,843% |
| Financial charges65/66B | €2k | €2k | €3k | ▲ 58.6% |
| Recurring financial charges65 | €2k | €2k | €3k | ▲ 58.6% |
| Profit (loss) for the period before taxes9903 | €33k | €7k | €-29k | ▼ 525% |
| Income taxes67/77 | €8k | €2k | €-559 | ▼ 125% |
| Profit (loss) for the period9904 | €25k | €5k | €-28k | ▼ 715% |
| Profit (loss) for the period to be appropriated9905 | €25k | €5k | €-28k | ▼ 715% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €87k | €96k | €94k | ▼ 1.7% |
| Fixed assets21/28 | €45k | €42k | €32k | ▼ 23.6% |
| Intangible fixed assets21 | €36k | €28k | €19k | ▼ 31.6% |
| Tangible fixed assets22/27 | €9k | €14k | €12k | ▼ 8.9% |
| Plant, machinery and equipment23 | €8k | €8k | €6k | ▼ 18.4% |
| Furniture and vehicles24 | €997 | €6k | €4k | ▼ 30.8% |
| Assets under construction and advance payments27 | - | - | €2k | - |
| Financial fixed assets28 | - | €800 | €800 | = |
| Current assets29/58 | €42k | €54k | €62k | ▲ 15.4% |
| Amounts receivable within one year40/41 | €18k | €36k | €33k | ▼ 8.2% |
| Trade receivables40 | €16k | €27k | €24k | ▼ 9.2% |
| Other amounts receivable41 | €2k | €9k | €9k | ▼ 5.1% |
| Cash at bank and in hand54/58 | €22k | €14k | €7k | ▼ 52.4% |
| Deferred charges and accrued income490/1 | €2k | €4k | €23k | ▲ 448% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €87k | €96k | €94k | ▼ 1.7% |
| Equity10/15 | €30k | €34k | €6k | ▼ 82.3% |
| Contributions10/11 | €5k | €5k | €5k | = |
| Profit (loss) carried forward14 | €25k | €29k | €1k | ▼ 96.2% |
| Amounts payable17/49 | €57k | €61k | €88k | ▲ 43.8% |
| Amounts payable after more than one year17 | €30k | €21k | €13k | ▼ 41.7% |
| Financial debts170/4 | €30k | €21k | €13k | ▼ 41.7% |
| Amounts payable within one year42/48 | €27k | €39k | €75k | ▲ 92.1% |
| Current portion of amounts payable after more than one year42 | €8k | €9k | €9k | ▲ 4.3% |
| Trade debts44 | €8k | €23k | €53k | ▲ 129% |
| Suppliers440/4 | €8k | €23k | €53k | ▲ 129% |
| Taxes, remuneration and social security45 | €7k | €2k | €5k | ▲ 165% |
| Taxes450/3 | €794 | €794 | €2k | ▲ 123% |
| Remuneration and social security454/9 | €6k | €1k | €3k | ▲ 193% |
| Other amounts payable47/48 | €4k | €5k | €7k | ▲ 43.4% |
| Accrued charges and deferred income492/3 | - | €849 | €800 | ▼ 5.8% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €25k | €5k | €-28k | ▼ 715% |
| + Depreciation and write-downs630 | €9k | €13k | €14k | ▲ 9.2% |
| Operating cash flow (approximation) | €34k | €17k | €-14k | ▼ 182% |
| Investment in fixed assets (approximation) | - | €-10k | €-4k | ▲ 56.6% |
| Change in cash | - | €-8k | €-7k | ▲ 14.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
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, Assesse · 1 establishment unit since 2023
Ground area
2,189 m²
Building footprint
543 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SRL SOLUTION MD
since 20232.343.063.011
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92006B0220/00W003 | Wallonia | 1,625 m² | 1 · 465 m² | - |
| 92044B0100/00G002 | Wallonia | 565 m² | 1 · 78 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Rif Technics
BE 0781.445.460
Antwerpen · Eq €6,154
GUY VAN DE MAELE
BE 0451.237.268
Brakel · Eq €6,155
CJ WELDING
BE 1003.703.441
Fernelmont · Eq €6,022
ARTE VINCI
BE 0876.669.865
Lier · Eq €5,956
Lassen Constructie Lodewyckx
BE 0778.735.004
Balen · Eq €5,827
Of 3,463 companies in sector 25530 we hold annual accounts for 1,655. 363 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-03-2023
Fiscal year end31-12
Abbreviation FR
SOLUTION MD
Activities, NACEBEL 2025
25530Machining of metals
81300Landscape service activities
31001Manufacture of furniture
43120Site preparation
43320Joinery installation
81100Combined facilities support activities
Scores and ratios are computed by Checked and are not a credit decision.