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SOLVIUS GROUP

Active
Private limited companyfounded 200620 yrs activeJamarlaan 19, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0880.705.164
Summary

SOLVIUS GROUP has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €606k and a net result of €80k. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 93% of 9517 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
88 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability84▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 5.39 against 3.88 in 2023; short-term debt: 6.8% and cash: 31.2% of total assets), and 6.9% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 82
lower
← 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 20 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
93.1%
Return on assets
12.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-05-2025, 75 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
75 d early
2023
31 d early
2022
25 d early
2021
13 d early
2020
44 d early
2019
38 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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

Financials · fiscal year 2024, micro schema

Equity
€606k▲ 6.5%
2023 · €568k
2018: €443k 2019: €314k 2020: €407k 2021: €472k 2022: €523k 2023: €568k
2018 → 2024
Total assets
€650k▲ 1.1%
2023 · €643k
2018: €664k 2019: €661k 2020: €566k 2021: €594k 2022: €627k 2023: €643k
2018 → 2024
Net result
€80k▼ 16.7%
2023 · €96k
2018: €34k 2019: €38k 2020: €94k 2021: €127k 2022: €116k 2023: €96k
2018 → 2024
Working capital
€194k▲ 17.1%
2023 · €166k
2018: €82k 2019: €-59k 2020: €26k 2021: €81k 2022: €122k 2023: €166k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€407k-€472k▲ 16.0%€523k▲ 10.8%€568k▲ 8.7%€606k▲ 6.5%
Operating result€127k-€170k▲ 34.5%€170k▼ 0.3%€138k▼ 18.9%€114k▼ 17.4%
Net result€94k-€127k▲ 34.8%€116k▼ 8.2%€96k▼ 17.5%€80k▼ 16.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2020: €127k€127kNet result 2020: €94k€94kOperating result 2021: €170k€170kNet result 2021: €127k€127kOperating result 2022: €170k€170kNet result 2022: €116k€116kOperating result 2023: €138k€138kNet result 2023: €96k€96kOperating result 2024: €114k€114kNet result 2024: €80k€80k20202021202220232024€0€50k€100k€150kOperating result 2022: €170k€170kNet result 2022: €116k€116kOperating result 2023: €138k€138kNet result 2023: €96k€96kOperating result 2024: €114k€114kNet result 2024: €80k€80k202220232024
The operating result has fallen three years in a row; 2024 is 17% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €650k
Fixed assets €412k ▼ 2.0%
Current assets €239k ▲ 6.8%
Equity and liabilities €650k
Equity €606k ▲ 6.5%
Debt €45k ▼ 40.4%
Debt's share of the balance-sheet total falls from 11.6% to 6.9%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€137k▼
2023 · €162k
Cash flow
€104k▼
2023 · €121k
Current ratio
5.39▲
2023 · 3.88
Debt to equity
0.07▼
2023 · 0.13
ROE
13.2%▼
2023 · 16.9%
ROA
12.3%▼
2023 · 14.9%
Interest coverage
70.92▲
2023 · 46.96
Debt ≤ 1 year
€44k▼
2023 · €58k
Income taxes
€32k▼
2023 · €38k
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 · 2024 against 2023 · 50 lines
Balance sheet Code20232024
Assets
Total assets20/58€643k€650k▲
Fixed assets21/28€420k€412k▼
Tangible fixed assets22/27€420k€412k▼
Land and buildings22€411k€391k▼
Furniture and vehicles24€9k€20k▲
Current assets29/58€224k€239k▲
Amounts receivable within one year40/41€21k€15k▼
Trade receivables40€21k€14k▼
Other amounts receivable41-€2k
Cash at bank and in hand54/58€182k€203k▲
Deferred charges and accrued income490/1€21k€20k▼
Equity and liabilities
Total equity and liabilities10/49€643k€650k▲
Equity10/15€568k€606k▲
Contributions10/11€19k€19k=
Reserves13€266k€303k▲
Tax-exempt reserves132€13k€13k▲
Distributable reserves133€253k€290k▲
Profit (loss) carried forward14€284k€284k=
Amounts payable17/49€75k€45k▼
Amounts payable after more than one year17€17k-
Other amounts payable178/9€17k-
Amounts payable within one year42/48€58k€44k▼
Current portion of amounts payable after more than one year42€26k€17k▼
Trade debts44€6k€5k▼
Suppliers440/4€6k€5k▼
Taxes, remuneration and social security45€8k€2k▼
Taxes450/3€8k€2k▼
Other amounts payable47/48€18k€19k▲
Accrued charges and deferred income492/3-€366
Income statement Code20232024
Non-recurring operating income76A€15k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€24k▼
Other operating charges640/8€8k€2k▼
Gross operating margin9900€170k€140k▼
Operating profit (loss)9901€138k€114k▼
Financial income75/76B€6€10▲
Recurring financial income75€6€10▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€134k€112k▼
Income taxes67/77€38k€32k▼
Profit (loss) for the period9904€96k€80k▼
Transfer to tax-exempt reserves689€55€59▲
Profit (loss) for the period to be appropriated9905€96k€80k▼
Appropriation of the result
Profit (loss) to be appropriated9906€380k€364k▼
Profit (loss) brought forward from the previous period14P€284k€284k=
Transfer from equity791/2€49k€41k▼
Transfer to equity691/2€94k€78k▼
To other reserves6921€94k€78k▼
Profit to be distributed694/7€50k€43k▼
Return on contributions (dividend)694€50k€43k▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
17-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
06-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Equity above €500kEq €523k ▲10.8%
5 profitable years in a row build equity to €523k.
18-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2018net €127k ▲34.8%
Operating result €170k, net result €127k, both a record.
17-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
23-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
08-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
06-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
07-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has 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
3 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
2,959 m²
Building footprint
219 m²
Volume, LiDAR
4,256 m³
Parcel 21562A0398/00V008, Brussels · tallest building 21.9 m, ±7 floors. Linked by address, not a title deed.
44 companies at this address See who is registered here
1 establishment unit
Solvius Group
Jamarlaan 19, 1060 Sint-Gillis (bij-Brussel)NACE 7012001
since 20062.154.680.596
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21562A0398/00V008 Brussels 2,959 m² 1 · 219 m² 21.9 m · 7 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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, comparable size

Of 24,497 companies in sector 82990 we hold annual accounts for 9,406. 5,524 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded13-04-2006
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers

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

Contact details

2 entries
Enterprise
E-mail:erwin@solviusgroup.be
Enterprise