Active BE 0797.909.726Private limited company

Solhyd

Bijzondereweg 12 ·3360 Bierbeek, Belgium· 3 yrs active

Sector: NACE 28990 (28990)

Conclusion Checked

The computed 12-month bankruptcy probability of Solhyd is 1.6% (average). The 2024 annual accounts show equity of €2.41M and a net result of €-748k. Its solvency ranks better than 95% of 37 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€2.41M
Net result	€-748k
Staff (FTE)	5.5
Better than sector	95%

Snowflake analysis 5 axes · computed by Checked

56 / 100

Mixed profile: strong on solvency, weaker on profitability.

Health 55

Profitability 0

Solvency 94

Growth 50

Stability 79

Bankruptcy probability (12 mo) Checked model v1 · free

1.6% Average

0%0,5%1,5%4%10%≥25%

Young company +

Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

More than 3 years active

Founded in 2023 — past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

55 / 100 Fair

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.

Financial overview1 NBB filings

Annual accounts filed on 22-08-2025 with the NBB · fiscal year 2024 · verkort

Sector comparison

Fiscal year 2024 · NACE 28 · compared across all schema types (micro, abbreviated and full combined)

Metric	This company	Sector median	Position in the sector
Solvency	87.7%	25.4%	better than 95% of 37 sector peers
Net result	€-748k	€594	better than 5% of 37 sector peers
Equity	€2.41M	€41k	better than 95% of 37 sector peers
Gross operating margin	€-201k	€16k	better than 5% of 36 sector peers
Total assets	€2.75M	€237k	better than 93% of 37 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	—
EBITDA	€-615k
Net profit	€-748k
Cash flow	€-600k
Staff costs	€414k
Income taxes	—
Dividends	—
Total assets	€2.75M
Equity	€2.41M
Debt	€339k
of which ≤ 1y	€339k
of which > 1y	—
Working capital	€254k
Employees (FTE)	5.5

Ratios (computed)

	2024
Current ratio	1.75
Quick ratio	1.75
Working capital ratio	9.2%
Solvency	87.7%
Debt / equity	0.14
Long-term debt ratio	—
Interest coverage	-628.22
Gross margin	—
Net margin	—
ROA	-27.2%
ROE	-31.1%
EBITDA margin	—
Days sales outstanding	—
Days payable outstanding	—
Inventory turnover	—
Days inventory (DSI)	—

Balance-sheet composition 2024

Assets

Fixed assets €2.15M · 78.4% Current assets €593k · 21.6%

Equity & liabilities

Equity €2.41M · 87.7% Debt €339k · 12.3%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet — Assets
TOTAL ASSETS	20/58	€2.75M
Fixed assets	21/28	€2.15M
Intangible fixed assets	21	€1.86M
Tangible fixed assets	22/27	€299k
Current assets	29/58	€593k
Amounts receivable within one year	40/41	€139k
Investments	50/53	€200k
Cash & bank	54/58	€243k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€2.75M
Equity	10/15	€2.41M
Contributions / capital	10/11	€3.16M
Accumulated profits (losses)	14	€-748k
Amounts payable	17/49	€339k
Amounts payable within one year	42/48	€339k
Trade debts payable within one year	44	€292k
Income statement
Gross operating margin	9900	€-201k
Operating result	9901	€-762k
Financial income	75	€16k
Financial charges	65	€978
Result before taxes	9903	€-748k
Net result for the period	9904	€-748k
Result to be appropriated	9905	€-748k

Ratios computed by Checked.

Legal Structure

NACE primary	28990
Legal form	Private limited company(610)
Incorporation	01-02-2023
Status	Active
Postal code	3360

Establishment units 1 location

Solhyd

Bijzondereweg 12, 3360 BierbeekVervaardiging van andere organische chemische basisproducten

since 20232.357.609.051

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24065A0419/00L000	Flanders	3.6 ha	1 · 1,567 m²	13.1 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data — this is not proof of ownership.

Updates 5 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

26-09-2025

State Gazette act Capital & shares

Tom Holvoet

26-09-2025

State Gazette act Miscellaneous

completed · Tom Holvoet

22-08-2025

NBB filing Annual accounts filed

fiscal year 2024 · verkort

2024

17-04-2024

State Gazette act Director changes

2023

08-12-2023

State Gazette act Director changes

Tom Holvoet

Belgisch Staatsblad — acts 4 acts

Capital history · 1

26-09-2025

Capital change

All acts · 4 updated 9 months ago

2025

26-09-2025 Restructuring of share classes Capital & shares·Tom Holvoet

Notary: Tom Holvoet · AntwerpenFirm: Notariaat Holvoet, F&T notarisvennootschap

Original publication ↗

Technical details

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26-09-2025 Publication in the Belgian Official Gazette — Miscellaneous Miscellaneous·Tom Holvoet

Summary: completedNotary: Tom Holvoet · AntwerpenFirm: Notariaat Holvoet, F&T notarisvennootschap

Original publication ↗

Technical details

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2024

17-04-2024 Discharge granted to the board Director changes

Original publication ↗

Technical details

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2023

08-12-2023 10 directors appointed, 3 resigning Director changes·Tom Holvoet

cndo — Bestuurder
Sustaim — Bestuurder
Johan Martens — Bestuurder
Kurt De Smet — Bestuurder
KORDAN — Bestuurder
Lieven Danneels — Bestuurder
Jean Wuytack — Bestuurder
Frank Zwerts — Bestuurder

Notary: Tom Holvoet · AntwerpenFirm: Notariaat Holvoet, F&T notarisvennootschap

Original publication ↗

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Company registry (CBE) Crossroads Bank

Activities

Vervaardiging van andere machines, apparaten en werktuigen voor specifieke doeleinden, n.e.g.28990Vervaardiging van andere machines voor specifieke doeleinden neg28990Ingenieurs en aanverwante technische adviseurs, exclusief landmeters71121Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts71121Vervaardiging van andere elektrische apparatuur27900Vervaardiging van andere elektrische apparatuur27900Ingenieurs en aanverwante technische adviseurs, exclusief landmeters71121Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts71121

Primary activity highlighted.

Names & trade names

Legal nameNL

Solhyd

Registered office

Bijzondereweg 12

3360 Bierbeek, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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