SOLVALDEC
ActiveThe computed 12-month bankruptcy probability of SOLVALDEC is 3.0% (moderate). The 2025 annual accounts show equity of €13k and a net result of €-798. Equity is shrinking by ~38.9% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability22▲+22
Solvency100▲+54
Growth32=
Track record100
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
short-term debt: 0% and cash: 80.8% of total assets, and 0% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 · 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
100%
Return on assets
-6.2%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2021232425
2020 to 2025 · latest year €-798
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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 · 5 filingsDeviation from the deadline
2025
19 d late
2024
12 d late
2023
20 d late
2021
25 d late
2020
7 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€13k▼ 5.9%
2024 · €14k
2020: €118k
2021: €188k
2023: €125k
2024: €14k
2020 → 2025
Total assets
€13k▼ 79.9%
2024 · €64k
2020: €161k
2021: €272k
2023: €136k
2024: €64k
2020 → 2025
Net result
€-798▲ 98.7%
2024 · €-62k
2020: €112k
2021: €70k
2023: €-23k
2024: €-62k
2020 → 2025
Working capital
€13k▼ 4.5%
2024 · €13k
2020: €113k
2021: €187k
2023: €126k
2024: €13k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€118k-€188k▲ 59.4%€125k▼ 33.5%€14k▼ 89.2%€13k▼ 5.9%
Operating result€155k-€101k▼ 34.8%€-23k€-62k▼ 164%€-702▲ 98.9%
Net result€112k-€70k▼ 37.3%€-23k€-62k▼ 164%€-798▲ 98.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €702 in 2025 against €62k in 2024; the loss shrinks.
Key figures and ratios
Solvency
100.0%▲
2024 · 21.4%
Debt / equity
0.00▼
2024 · 3.68
ROE
-6.2%▲
2024 · -454.2%
ROA
-6.2%▲
2024 · -97.0%
Debt
€0▼
2024 · €50k
Debt ≤ 1 year
€0▼
2024 · €50k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€64k€13k▼
Fixed assets21/28€200€0▼
Tangible fixed assets22/27€0€0=
Furniture and vehicles24€0€0=
Financial fixed assets28€200-
Current assets29/58€63k€13k▼
Amounts receivable within one year40/41€12k€2k▼
Trade receivables40€0€0=
Other amounts receivable41€12k€2k▼
Cash at bank and in hand54/58€51k€10k▼
Equity and liabilities
Total equity and liabilities10/49€64k€13k▼
Equity10/15€14k€13k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€7k€7k▼
Amounts payable17/49€50k€0▼
Amounts payable within one year42/48€50k€0▼
Trade debts44-€0
Suppliers440/4-€0
Taxes, remuneration and social security45€8k-
Taxes450/3€8k-
Other amounts payable47/48€43k-
Income statement
Code20242025
Remuneration, social security and pensions62€20k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€346-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€40k-
Other operating charges640/8€387-
Gross operating margin9900€-1k€-702▲
Operating profit (loss)9901€-62k€-702▲
Financial charges65/66B€102€96▼
Recurring financial charges65€102€96▼
Profit (loss) for the period before taxes9903€-62k€-798▲
Profit (loss) for the period9904€-62k€-798▲
Profit (loss) for the period to be appropriated9905€-62k€-798▲
Appropriation of the result
Profit (loss) to be appropriated9906€57k€7k▼
Profit (loss) brought forward from the previous period14P€119k€7k▼
Profit to be distributed694/7€50k-
Return on contributions (dividend)694€50k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
14-08
State Gazette act
Registered office · Resignations & appointmentsGeneral meeting · Director resignation · Director discharge6 facts ▸
State Gazette act
Registered office · Resignations & appointments
General meeting · Director resignation · Director discharge6 facts ▸
- General meeting, 01/06/2026
- Director resignation, GORAK Raymond (administrateur)
- Director discharge, GORAK Raymond
- Director appointment, TILMAN Alain (administrateur)
- Registered-office move, Rue des Ponts 23 a 1480 TUBIZE
- Shareholding, 186
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
31-12
Financial
Weakest financial yearnet €-62k
Net result drops to €-62k, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
31-12
Financial
Liquidity quadruplescurrent ratio 14.08
Current ratio from 3.23 to 14.08; short-term debt falls from €84k to €10k.
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Equity above €150kEq €188k ▲59.4%
2 profitable years in a row build equity to €188k.
07-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 7 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2026
TILMAN Alain
CurrentDirector · since 01-06-2026
01-06-2026
TILMAN Alain: Appointed as Director
01-06-2026
GORAK Raymond: Resigned as Director
Location & real-estate footprint
Registered office, Tubize · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue des Ponts 231480 TubizeGround area
1,537 m²
Building footprint
211 m²
Volume, LiDAR
1,804 m³
2 parcels, Wallonia · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SOLVALDEC
since 20192.288.601.667
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25105C0006/00Z000 | Wallonia | 1,453 m² | 1 · 137 m² | 10.3 m · 3 fl. |
| 57462D0067/00W000 | Wallonia | 84 m² | 1 · 75 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
4 connected companiesLinked via shared directors
viaTILMAN Alain · Director
→
viaTILMAN Alain · Director
former→
viaTILMAN Alain · Director
former→
viaTILMAN Alain · Director
former→
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-04-2019
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.