Holcim Solutions and Products EMEA
ActiveHolcim Solutions and Products EMEA has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-2.31M) and a net result of €-2.52M. Equity is shrinking by ~18.4% per year across the filed fiscal years. Its solvency ranks better than 7% of 4852 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
35
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability14▲+14
Solvency21▼-22
Growth32▼-18
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.86 against 1.1 in 2023; short-term debt: 103.1% and cash: 4.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1920222325
2019 to 2025 · latest year €-2.31M
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-09-2026, 41 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 · 7 filingsDeviation from the deadline
2025
41 d late
2024
18 d late
2023
33 d early
2022
28 d early
2021
152 d late
2020
341 d late
2019
67 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€107.88M▼ 14.1%
2023 · €125.53M
2019: €109.68M
2020: €117.67M
2022: €168.60M
2023: €125.53M
2019 → 2025
EBIT margin
-1.8%▲ 7.1pp
2023 · -8.9%
2019: -1.3%
2020: 0.2%
2022: 5.1%
2023: -8.9%
2019 → 2025
Net result
€-2.52M▲ 78.7%
2023 · €-11.82M
2019: €-1.48M
2020: €-1.08M
2022: €7.02M
2023: €-11.82M
2019 → 2025
Working capital
€-8.15M
2023 · €4.15M
2019: €-818k
2020: €-1.03M
2022: €15.01M
2023: €4.15M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202220232025Trend
Turnover€109.68M-€117.67M▲ 7.3%€168.60M▲ 43.3%€125.53M▼ 25.5%€107.88M▼ 14.1%
Equity€7.27M-€6.19M▼ 14.9%€20.63M▲ 233%€8.81M▼ 57.3%€-2.31M
Operating result€-1.40M-€275k€8.63M▲ 3,045%€-11.14M€-1.97M▲ 82.3%
Net result€-1.48M-€-1.08M▲ 26.5%€7.02M€-11.82M€-2.52M▲ 78.7%
Result per fiscal year
Operating resultNet result
The operating result is €-1.97M in 2025, compared with €-11.14M in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €58.36M
Fixed assets
€6.34M▲ 36.1%
Current assets
€52.02M▲ 14.5%
Key figures and ratios
EBITDA
€-1.02M▲
2023 · €-10.18M
Cash flow
€-1.57M▲
2023 · €-10.86M
Solvency
-4.0%▼
2023 · 17.6%
Current ratio
0.86▼
2023 · 1.10
Quick ratio
0.53▼
2023 · 0.67
Debt / equity
-26.08▼
2023 · 4.69
ROA
-4.3%▲
2023 · -23.6%
Interest coverage
-1.39▲
2023 · -21.98
Debt
€60.17M▲
2023 · €41.29M
Debt ≤ 1 year
€60.17M▲
2023 · €41.29M
Income taxes
€280k▲
2023 · €221k
Staff costs
€7.50M▼
2023 · €8.04M
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 2023
Balance sheet
Code20232025
Assets
Total assets20/58€50.10M€58.36M▲
Fixed assets21/28€4.66M€6.34M▲
Intangible fixed assets21€4.26M€3.72M▼
Tangible fixed assets22/27€402k€573k▲
Plant, machinery and equipment23€246k€114k▼
Other tangible fixed assets26€156k€131k▼
Assets under construction and advance payments27€0€328k▲
Financial fixed assets28-€2.05M
Other financial fixed assets284/8-€2.05M
Shares284-€2.05M
Current assets29/58€45.44M€52.02M▲
Stocks and contracts in progress3€17.66M€20.21M▲
Stocks30/36€17.66M€20.21M▲
Goods purchased for resale34€17.66M€20.21M▲
Amounts receivable within one year40/41€27.09M€28.95M▲
Trade receivables40€22.25M€18.46M▼
Other amounts receivable41€4.84M€10.49M▲
Cash at bank and in hand54/58€549k€2.66M▲
Deferred charges and accrued income490/1€146k€201k▲
Equity and liabilities
Total equity and liabilities10/49€50.10M€58.36M▲
Equity10/15€8.81M€-2.31M▼
Contributions10/11€8.75M€8.75M=
Profit (loss) carried forward14€65k€-11.06M▼
Provisions and deferred taxes16-€500k
Provisions for liabilities and charges160/5-€500k
Other liabilities and charges164/5-€500k
Amounts payable17/49€41.29M€60.17M▲
Amounts payable within one year42/48€41.29M€60.17M▲
Financial debts43€20.00M€20.00M=
Other loans439€20.00M€20.00M=
Trade debts44€15.28M€20.95M▲
Suppliers440/4€15.28M€20.95M▲
Taxes, remuneration and social security45€2.79M€1.75M▼
Taxes450/3€916k€6k▼
Remuneration and social security454/9€1.87M€1.75M▼
Other amounts payable47/48€3.22M€17.47M▲
Accrued charges and deferred income492/3-€0
Income statement
Code20232025
Operating income70/76A€128.44M€108.75M▼
Turnover70€125.53M€107.88M▼
Other operating income74€2.91M€863k▼
Operating charges60/66A€139.58M€110.71M▼
Goods for resale, raw materials and consumables60€105.85M€81.11M▼
Purchases600/8€99.36M€80.85M▼
Change in stocks: decrease (increase)609€6.50M€261k▼
Services and other goods61€24.38M€21.37M▼
Remuneration, social security and pensions62€8.04M€7.50M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€956k€949k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€343k€66k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€-274k
Other operating charges640/8€15k-
Operating charges capitalised as restructuring costs649-€-246
Operating profit (loss)9901€-11.14M€-1.97M▲
Financial income75/76B€63k€466k▲
Recurring financial income75€63k€466k▲
Other financial income752/9€63k€466k▲
Financial charges65/66B€519k€735k▲
Recurring financial charges65€519k€735k▲
Debt charges650€463k€735k▲
Other financial charges652/9€55k€0▼
Profit (loss) for the period before taxes9903€-11.60M€-2.24M▲
Income taxes67/77€221k€280k▲
Taxes670/3€221k€280k▲
Profit (loss) for the period9904€-11.82M€-2.52M▲
Profit (loss) for the period to be appropriated9905€-11.82M€-2.52M▲
Appropriation of the result
Profit (loss) to be appropriated9906€65k€-11.06M▼
Profit (loss) brought forward from the previous period14P€11.88M€-8.54M▼
Social balance
Average headcount (FTE)908748.644.0▼
The notes to these accounts (54 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
10-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 41 days late
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 18 days late
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-11.82M ▼268%
Net result drops to €-11.82M, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €7.02M
Net result €7.02M after 2 loss-making years.
31-12
Financial
Equity above €10MEq €20.63M ▲233%
Equity rises from €6.19M to €20.63M.
30-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 152 days late
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 341 days late
2020
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 67 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
28-01-2025
Jamie Gentoso: Resigned as Director
12-11-2024
Robert Forster: Resigned as Director
01-11-2021
Philip Moors: Resigned as Director
14-04-2021
Taylor Dean Cole: Resigned as Director
01-04-2020
Zimmeman Eric: Resigned as Manager
29-03-2019
John Vasuta: Resigned as Manager
Location & real-estate footprint
Registered office, Zaventem · 1 establishment unit since 2018
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.
Ikaroslaan 751930 ZaventemGround area
1,688 m²
Building footprint
787 m²
Volume, LiDAR
5,179 m³
Parcel 23772B0113/00Y000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Holcim Solutions and Products EMEA
since 20182.276.926.332
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23772B0113/00Y000 | Flanders | 1,688 m² | 1 · 786 m² | 7.8 m · 2 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.
Recognitions · licences · registrations
Legal Entity Identifier
2549009J43O30ED0SL47
Similar companies · same sector, comparable size
SealEco
BE 0444.602.369
Brecht · Eq €8.88M
ADK-MSK
BE 0561.884.673
Maaseik · Eq €8.53M
PLASTIEK HOFSTADE
BE 0430.720.283
Aalst · Eq €8.14M
CONSTRUCT PROTECT ENGINEERING
BE 0434.353.726
Genk · Eq €10.39M
PERFECTY
BE 0412.129.739
Liège · Eq €7.07M
Of 395 companies in sector 46839 we hold annual accounts for 251. 74 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-04-2018
Fiscal year end31-12
Activities, NACEBEL
46831Wholesale of construction materials, general range
46839Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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.