Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
23 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
SOLVER SOLUTIONS from Zaventem, company number BE0536607562, closed financial year 2024 with a result of € -182,661 after tax. For that financial year SOLVER SOLUTIONS recorded a gross margin of € 204,962 and equity of € 34,337. Compared with financial year 2023, the result moved from € -51,576 to € -182,661. The company made a loss. The buffer shrank hard: equity is 84 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 9, 2025.
€ 34,337
▼ 84% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -182,661
▼ 254 % more loss than in 2023
Profit after tax over the fiscal year.
€ 12
▼ € 11,090 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -23,282.
People and assets in 2024
4.1
▼ 1.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 234,549
▼ 17% vs 2023
€ 57,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 129,700
▼ 32% vs 2023
Of which on lease € 97,905.
Debts at end 2024
€ 1.7 million
▼ 9% vs 2023
€ 236,267 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 497,317
▲ 78% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 124,575
▲ 40% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 216,989 | € 506,743 | € 421,216 | € 204,962 | ▼ 51% |
| Profit after taxes | € 365 | € 13,203 | € -51,576 | € -182,661 | ▼ € 131,085 |
| Equity | € 255,371 | € 268,574 | € 216,998 | € 34,337 | ▼ 84% |
| Total debts | € 1,461,733 | € 2,790,857 | € 2,541,170 | € 2,652,429 | ▲ 4% |
| Cash | € 41,186 | € 216,381 | € 11,102 | € 12 | ▼ € 11,090 |
| Retained profit | € 197,752 | € 210,955 | € 159,379 | € -23,282 | ▼ € 182,661 |
| Bank debt | € 1,260,913 | € 2,145,384 | € 1,837,748 | € 1,677,984 | ▼ 9% |
| Balance sheet total | € 1,717,104 | € 3,059,431 | € 2,758,167 | € 2,686,766 | ▼ 3% |
| Employees (FTE) | 5 | 5 | 5.3 | 4.1 | ▼ 1.2 |
Key figures of SOLVER SOLUTIONS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to SOLVER SOLUTIONS?
What happened at SOLVER SOLUTIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
SOLVER SOLUTIONS is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 182,661. filed late Source: NBB ↗
- Gerhard Michiel Lugtigheid became a director. NBB
- New establishment in Zaventem. KBO
- Start of the company according to the CBE. KBO
In short
From € 365 profit in 2021 to € 182,661 loss in 2024.
Paid € 40,384 in corporate taxes since 2021.
Best year ever: 2022, with € 13,203 profit.
On average € 50,000 of value added per employee in 2024.
Management
Behind SOLVER SOLUTIONS is Gerhard Michiel Lugtigheid. It owns 100% of Econglas and 100% of Vitrerie Landrieux itself.
Directors
According to the 2024 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Excelsiorlaan 36-38
1930 Zaventem
Tollaan 93
1932 Zaventem
Active since 11 July 2013
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 23 companies are registered at this address.
All companies at this address →ECONGLAS same network
€ 644,598 gross margin · 2024
MARCAN
€ 75,347 gross margin · 2024
GLOMARD (Services)
€ 199,164 gross margin · 2025
TFA GROUP
€ 277,717 revenue · 2025
SUPER RAPID
€ 116,218 gross margin · 2025
+18 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
DNS
OVH DNS
Domain
Domain
solver-solutions.com
Registered
2013-10-23
Registrar
OVH sas
Expires
2026-10-23
Website info
Features
Security
Details
- Company number
- 0536.607.562
- VAT number
- BE 0536.607.562
- Registered office
- Excelsiorlaan 36-38, 1930 Zaventem
- Names & denominations
- SOLVER SOLUTIONS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 11 July 2013
- Peppol
- Active · Active since 1 Apr 2026
- Activities · NACE
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