SOLENTH · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of SOLENTH is 3.5% (moderate). The 2024 annual accounts show equity of €29k and a net result of €5k. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Filing behaviour

From the deposit records, complete market-wide

Filed after the deadline

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-02-2026, 24 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.

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

How we compute the deadline

The year end is derived from 3 filed financial years, each closing on 30-06. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-06-2025, that is 31-01-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
30-06-2025	31-01-2026	24-02-2026	24 d late	2026-00048592
30-06-2024	31-01-2025	03-02-2025	3 d late	2025-00032990
30-06-2023	31-01-2024	27-02-2024	27 d late	2024-00039829

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2023, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

3.5% Moderate

0%0,5%1,5%4%10%≥25%

Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€111k-10.1%

EBIT margin5.5%-18.7pp

Net result€5k-76.2%

Working capital€27k+27.9%

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 24-02-2026 with the NBB · fiscal year 2025 · micro

RevenueOperating resultNet result

Revenue

€111k

-10.1% 23-24

EBITDA

€7k

-80.0% 23-24

Net profit

€5k

-76.2% 23-24

Cash flow

€6k

-77.5% 23-24

Total assets

€36k

+11.6% 23-24

Equity

€29k

+21.8% 23-24

Working capital

€27k

+27.9% 23-24

Income taxes

€2k

-79.3% 23-24

Show 11 other metrics

Debt

€7k

-16.7% 23-24

Debt ≤ 1y

€7k

-16.7% 23-24

Current ratio

4.76

+38.1% 23-24

Quick ratio

4.76

+38.1% 23-24

Solvency

80.2%

+9.2% 23-24

Debt / equity

0.25

-31.6% 23-24

ROE

17.9%

-80.5% 23-24

ROA

14.3%

-78.7% 23-24

Net margin

4.7%

-73.5% 23-24

EBITDA margin

6.2%

-77.8% 23-24

Interest coverage

19.05

-52.5% 23-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	€111k
EBITDA	€7k
Net profit	€5k
Cash flow	€6k
Staff costs	-
Income taxes	€2k
Dividends	-
Total assets	€36k
Equity	€29k
Debt	€7k
of which ≤ 1y	€7k
of which > 1y	-
Working capital	€27k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	4.76
Quick ratio	4.76
Working capital ratio	74.5%
Solvency	80.2%
Debt / equity	0.25
Long-term debt ratio	-
Interest coverage	19.05
Gross margin	7.3%
Net margin	4.7%
ROA	14.3%
ROE	17.9%
EBITDA margin	6.2%
Days sales outstanding	6d
Days payable outstanding	9d
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €2k · 5.7% Current assets €34k · 94.3%

Equity & liabilities

Equity €29k · 80.2% Debt €7k · 19.8%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€36k
Fixed assets	21/28	€2k
Tangible fixed assets	22/27	€2k
Current assets	29/58	€34k
Amounts receivable within one year	40/41	€31k
Cash & bank	54/58	€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€36k
Equity	10/15	€29k
Contributions / capital	10/11	€2k
Accumulated profits (losses)	14	€27k
Amounts payable	17/49	€7k
Amounts payable within one year	42/48	€7k
Trade debts payable within one year	44	€3k
Income statement
Turnover	70	€111k
Gross operating margin	9900	€8k
Operating result	9901	€6k
Financial income	75	€887
Financial charges	65	€359
Result before taxes	9903	€7k
Income taxes	67/77	€2k
Net result for the period	9904	€5k
Result to be appropriated	9905	€5k

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

95 / 100 Excellent

050100

Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

Establishment units

1 location

SOLENTH

Rue de l'Ile,Balâtre 1, 5190 Jemeppe-sur-SambreAlgemene elektrotechnische installatiewerken

since 20232.346.082.382

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area209 m²

Buildings1

Building footprint80 m²

Volume (LiDAR)657 m³

Tallest building9.9 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)