SolFaBel
ActiveSummary
SolFaBel has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85k and a net result of €31k. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 63% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+4
Solvency94▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.94 against 2.17 in 2024; short-term debt: 31.2% and cash: 74.8% of total assets), and 31.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
68.8%
Return on assets
25.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 13-10-2025, 110 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
110 d early
2024
108 d early
2023
106 d early
2022
112 d early
2021
111 d early
2020
146 d early
2019
140 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€85k▲ 34.3%
2024 · €64k
2019: €57k
2020: €50k▼ -12.1% vs 2019
2021: €40k▼ -20.4% vs 2020
2022: €37k▼ -8.6% vs 2021lowest in 7 years
2023: €46k▲ +25.8% vs 2022
2024: €64k▲ +38.4% vs 2023
2025: €85k▲ +34.3% vs 2024highest in 7 years
2019 → 2025
Total assets
€124k▲ 15.5%
2024 · €108k
2019: €81klowest in 7 years
2020: €88k▲ +7.8% vs 2019
2021: €151k▲ +71.7% vs 2020highest in 7 years
2022: €117k▼ -22.2% vs 2021
2023: €111k▼ -5.2% vs 2022
2024: €108k▼ -3.4% vs 2023
2025: €124k▲ +15.5% vs 2024
2019 → 2025
Net result
€31k▲ 35.7%
2024 · €23k
2019: €5k
2020: €10k▲ +77.9% vs 2019
2021: €10k▲ +1.0% vs 2020
2022: €5k▼ -51.7% vs 2021lowest in 7 years
2023: €17k▲ +253% vs 2022
2024: €23k▲ +38.6% vs 2023
2025: €31k▲ +35.7% vs 2024highest in 7 years
2019 → 2025
Working capital
€75k▲ 72.1%
2024 · €44k
2019: €57k
2020: €52k▼ -7.7% vs 2019
2021: €24k▼ -53.8% vs 2020
2022: €23k▼ -6.5% vs 2021
2023: €22k▼ -0.7% vs 2022lowest in 7 years
2024: €44k▲ +94.6% vs 2023
2025: €75k▲ +72.1% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€40k-€37k▼ 8.6%€46k▲ 25.8%€64k▲ 38.4%€85k▲ 34.3%
2021: €40k
2022: €37k▼ -8.6% vs 2021lowest in 5 years
2023: €46k▲ +25.8% vs 2022
2024: €64k▲ +38.4% vs 2023
2025: €85k▲ +34.3% vs 2024highest in 5 years
Operating result€15k-€9k▼ 40.1%€24k▲ 170%€33k▲ 38.4%€44k▲ 31.9%
2021: €15k
2022: €9k▼ -40.1% vs 2021lowest in 5 years
2023: €24k▲ +170% vs 2022
2024: €33k▲ +38.4% vs 2023
2025: €44k▲ +31.9% vs 2024highest in 5 years
Net result€10k-€5k▼ 51.7%€17k▲ 253%€23k▲ 38.6%€31k▲ 35.7%
2021: €10k
2022: €5k▼ -51.7% vs 2021lowest in 5 years
2023: €17k▲ +253% vs 2022
2024: €23k▲ +38.6% vs 2023
2025: €31k▲ +35.7% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 32% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €124k
Fixed assets
€10k ▼ 61.9%
Current assets
€114k ▲ 40.5%
Equity and liabilities €124k
Equity
€85k ▲ 34.3%
Debt
€39k ▼ 11.7%
Debt's share of the balance-sheet total falls from 40.9% to 31.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€63k▲
2024 · €52k
Cash flow
€50k▲
2024 · €42k
Current ratio
2.94▲
2024 · 2.17
Debt to equity
0.45▼
2024 · 0.69
ROE
36.7%▲
2024 · 36.3%
ROA
25.2%▲
2024 · 21.4%
Interest coverage
109.09▲
2024 · 59.98
Debt ≤ 1 year
€39k▲
2024 · €37k
Debt > 1 year
€0▼
2024 · €6k
Income taxes
€12k▲
2024 · €10k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€108k€124k▲
Fixed assets21/28€26k€10k▼
Tangible fixed assets22/27€26k€10k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€22k€6k▼
Current assets29/58€81k€114k▲
Amounts receivable within one year40/41€303€20k▲
Trade receivables40€303€20k▲
Other amounts receivable41€0€2▲
Cash at bank and in hand54/58€79k€93k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€108k€124k▲
Equity10/15€64k€85k▲
Contributions10/11€1k€1k=
Reserves13€62k€84k▲
Distributable reserves133€62k€84k▲
Profit (loss) carried forward14€178€216▲
Amounts payable17/49€44k€39k▼
Amounts payable after more than one year17€6k€0▼
Financial debts170/4€6k€0▼
Amounts payable within one year42/48€37k€39k▲
Current portion of amounts payable after more than one year42€15k€6k▼
Trade debts44€4k€5k▲
Suppliers440/4€4k€5k▲
Taxes, remuneration and social security45€11k€14k▲
Taxes450/3€6k€9k▲
Remuneration and social security454/9€5k€5k=
Other amounts payable47/48€8k€14k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€19k▼
Other operating charges640/8€448€451▲
Gross operating margin9900€53k€63k▲
Operating profit (loss)9901€33k€44k▲
Financial income75/76B€23€4▼
Recurring financial income75€23€4▼
Financial charges65/66B€874€573▼
Recurring financial charges65€874€573▼
Profit (loss) for the period before taxes9903€33k€43k▲
Income taxes67/77€10k€12k▲
Profit (loss) for the period9904€23k€31k▲
Profit (loss) for the period to be appropriated9905€23k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€31k▲
Profit (loss) brought forward from the previous period14P€-171€178▲
Transfer from equity791/2€5k€10k▲
Transfer to equity691/2€23k€31k▲
To other reserves6921€23k€31k▲
Profit to be distributed694/7€5k€10k▲
Return on contributions (dividend)694€5k€10k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €19k | €18k | €19k | €19k | ▼ 2.7% |
| Other operating charges640/8 | - | €402 | €405 | €448 | €451 | ▲ 0.7% |
| Gross operating margin9900 | €29k | €29k | €43k | €53k | €63k | ▲ 19.2% |
| Operating profit (loss)9901 | €15k | €9k | €24k | €33k | €44k | ▲ 31.9% |
| Financial income75/76B | - | €0 | €99 | €23 | €4 | ▼ 80.7% |
| Recurring financial income75 | €81 | €0 | €99 | €23 | €4 | ▼ 80.7% |
| Financial charges65/66B | - | €1k | €957 | €874 | €573 | ▼ 34.4% |
| Recurring financial charges65 | €1k | €1k | €957 | €874 | €573 | ▼ 34.4% |
| Profit (loss) for the period before taxes9903 | €14k | €8k | €23k | €33k | €43k | ▲ 33.6% |
| Income taxes67/77 | €4k | €3k | €7k | €10k | €12k | ▲ 28.3% |
| Profit (loss) for the period9904 | €10k | €5k | €17k | €23k | €31k | ▲ 35.7% |
| Profit (loss) for the period to be appropriated9905 | €10k | €5k | €17k | €23k | €31k | ▲ 35.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €151k | €117k | €111k | €108k | €124k | ▲ 15.5% |
| Fixed assets21/28 | €76k | €59k | €45k | €26k | €10k | ▼ 61.9% |
| Tangible fixed assets22/27 | €76k | €59k | €45k | €26k | €10k | ▼ 61.9% |
| Plant, machinery and equipment23 | - | €6k | €8k | €5k | €4k | ▼ 9.4% |
| Furniture and vehicles24 | - | €53k | €37k | €22k | €6k | ▼ 73.3% |
| Current assets29/58 | €75k | €58k | €66k | €81k | €114k | ▲ 40.5% |
| Amounts receivable within one year40/41 | €22k | €925 | €372 | €303 | €20k | ▲ 6,388% |
| Trade receivables40 | - | €414 | €32 | €303 | €20k | ▲ 6,388% |
| Other amounts receivable41 | - | €511 | €340 | €0 | €2 | - |
| Cash at bank and in hand54/58 | €52k | €56k | €65k | €79k | €93k | ▲ 17.0% |
| Deferred charges and accrued income490/1 | - | €1k | €911 | €2k | €2k | ▲ 8.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €151k | €117k | €111k | €108k | €124k | ▲ 15.5% |
| Equity10/15 | €40k | €37k | €46k | €64k | €85k | ▲ 34.3% |
| Contributions10/11 | - | €1k | €1k | €1k | €1k | = |
| Reserves13 | €40k | €36k | €45k | €62k | €84k | ▲ 34.9% |
| Distributable reserves133 | - | €36k | €45k | €62k | €84k | ▲ 34.9% |
| Profit (loss) carried forward14 | €-804 | €-796 | €-171 | €178 | €216 | ▲ 21.6% |
| Amounts payable17/49 | €111k | €81k | €65k | €44k | €39k | ▼ 11.7% |
| Amounts payable after more than one year17 | €52k | €37k | €22k | €6k | €0 | ▼ 100% |
| Financial debts170/4 | - | €37k | €22k | €6k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €51k | €36k | €43k | €37k | €39k | ▲ 3.6% |
| Current portion of amounts payable after more than one year42 | - | €15k | €15k | €15k | €6k | ▼ 57.8% |
| Trade debts44 | €10k | €6k | €10k | €4k | €5k | ▲ 27.0% |
| Suppliers440/4 | - | €6k | €10k | €4k | €5k | ▲ 27.0% |
| Taxes, remuneration and social security45 | - | €6k | €8k | €11k | €14k | ▲ 25.6% |
| Taxes450/3 | - | €1k | €4k | €6k | €9k | ▲ 44.5% |
| Remuneration and social security454/9 | - | €5k | €5k | €5k | €5k | = |
| Other amounts payable47/48 | - | €9k | €10k | €8k | €14k | ▲ 85.6% |
| Accrued charges and deferred income492/3 | - | €8k | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10k | €5k | €17k | €23k | €31k | ▲ 35.7% |
| + Depreciation and write-downs630 | €14k | €19k | €18k | €19k | €19k | ▼ 2.7% |
| Operating cash flow (approximation) | €23k | €24k | €35k | €42k | €50k | ▲ 18.4% |
| Investment in fixed assets (approximation) | - | €-3k | €-5k | €0 | €-2k | - |
| Change in cash | - | €4k | €9k | €15k | €13k | ▼ 8.4% |
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
2025
13-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Highest result since 2019net €31k ▲35.7%
Operating result €44k, net result €31k, both a record.
2024
15-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
17-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
11-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Weakest financial yearnet €5k ▼51.7%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
2021
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
07-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
13-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
18-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
14-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
23-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Oud-Heverlee · 1 establishment unit since 2011
Ground area
1,087 m²
Building footprint
245 m²
Volume, LiDAR
1,400 m³
2 parcels, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Solfabel
since 20112.205.077.343
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24013B0202/00R002 | Flanders | 617 m² | 1 · 124 m² | 10.1 m · 2 fl. |
| 24013B0202/00X002 | Flanders | 470 m² | 1 · 121 m² | 7.3 m · 2 fl. |
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.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,319 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
Founded09-09-2011
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
63920Other information service activities
64210Activities of holding companies
73300Public relations and communication consultancy
74991Agents and managers of artists, athletes and other public figures
90399Other support activities for arts and performing arts
Scores and ratios are computed by Checked and are not a credit decision.