SOLID
ActiveSummary
SOLID has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €777,510 and a net result of €34,117. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 89% of 2020 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-22
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70,000 at 30 days acceptable
Liquidity ample (current ratio 9.35 against 2.78 in 2024; short-term debt: 6.3% and cash: 56.6% of total assets), and 15.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
84.4%
Return on assets
3.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
29 d early
2023
163 d early
2022
157 d early
2021
156 d early
2020
158 d early
2019
9 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 96 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
€0
Total assets
€921,092▼ 7.5%
2024 · €995,331
Net result
€34,117▼ 85.2%
2024 · €230,295
Working capital
€486,263▲ 362%
2024 · €105,166
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€103,277▼ 10.0%€84,944▼ 17.8%€88,575▲ 4.3%€139,235▲ 57.2%€36,311▼ 73.9%
Net result€78,603▼ 19.2%€102,066▲ 29.9%€104,665▲ 2.5%€230,295▲ 120%€34,117▼ 85.2%
Equity€894,981▲ 1.5%€822,918▼ 8.1%€742,683▼ 9.8%€824,754▲ 11.1%€777,510▼ 5.7%
Total assets€1.1m▲ 17.0%€1.0m▼ 9.7%€937,381▼ 9.3%€995,331▲ 6.2%€921,092▼ 7.5%
Debt€207,921▲ 279%€169,379▼ 18.5%€153,382▼ 9.4%€129,261▼ 15.7%€102,266▼ 20.9%
Working capital€251,987▼ 9.6%€154,659▼ 38.6%€48,894▼ 68.4%€105,166▲ 115%€486,263▲ 362%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 74% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €921,092
Fixed assets
€376,620 ▼ 54.7%
Current assets
€544,472 ▲ 231%
Equity and liabilities €921,092
Equity
€777,510 ▼ 5.7%
Provisions
€41,316 =
Debt
€102,266 ▼ 20.9%
Debt's share of the balance-sheet total falls from 13.0% to 11.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€50,832
Cash flow
€48,638
Current ratio
9.35▲
2024 · 2.78
Debt to equity
0.13▼
2024 · 0.16
ROE
4.4%▼
2024 · 27.9%
ROA
3.7%▼
2024 · 23.1%
Interest coverage
42.91
Debt ≤ 1 year
€58,209▼
2024 · €59,135
Debt > 1 year
€44,058▼
2024 · €70,127
Income taxes
€10,827▼
2024 · €57,471
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €14,521 | - |
| Other operating charges640/8 | - | €1,046 | €1,062 | €1,309 | €1,948 | ▲ 48.9% |
| Gross operating margin9900 | €104,319 | €85,990 | €89,637 | €140,544 | €52,780 | ▼ 62.4% |
| Operating profit (loss)9901 | €103,277 | €84,944 | €88,575 | €139,235 | €36,311 | ▼ 73.9% |
| Financial income75/76B | - | €50,000 | €50,001 | €150,001 | €9,818 | ▼ 93.5% |
| Recurring financial income75 | €10,000 | €50,000 | €50,001 | €150,001 | €1,318 | ▼ 99.1% |
| Non-recurring financial income76B | - | - | - | - | €8,500 | - |
| Financial charges65/66B | - | €1,933 | €1,667 | €1,469 | €1,185 | ▼ 19.4% |
| Recurring financial charges65 | €1,306 | €1,933 | €1,667 | €1,469 | €1,185 | ▼ 19.4% |
| Profit (loss) for the period before taxes9903 | €111,971 | €133,011 | €136,908 | €287,767 | €44,944 | ▼ 84.4% |
| Income taxes67/77 | €33,368 | €30,945 | €32,243 | €57,471 | €10,827 | ▼ 81.2% |
| Profit (loss) for the period9904 | €78,603 | €102,066 | €104,665 | €230,295 | €34,117 | ▼ 85.2% |
| Profit (loss) for the period to be appropriated9905 | €78,603 | €102,066 | €104,665 | €230,295 | €34,117 | ▼ 85.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €1.0m | €937,381 | €995,331 | €921,092 | ▼ 7.5% |
| Fixed assets21/28 | €831,030 | €831,030 | €831,030 | €831,030 | €376,620 | ▼ 54.7% |
| Tangible fixed assets22/27 | - | - | - | - | €12,090 | - |
| Furniture and vehicles24 | - | - | - | - | €12,090 | - |
| Financial fixed assets28 | €831,030 | €831,030 | €831,030 | €831,030 | €364,530 | ▼ 56.1% |
| Current assets29/58 | €313,188 | €202,583 | €106,351 | €164,301 | €544,472 | ▲ 231% |
| Amounts receivable after more than one year29 | - | €15,000 | €0 | - | - | - |
| Other amounts receivable291 | - | €15,000 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €18 | €100,020 | €50,008 | €4 | €22,725 | ▲ 510,577% |
| Trade receivables40 | - | - | - | - | €12,100 | - |
| Other amounts receivable41 | - | €100,020 | €50,008 | €4 | €10,625 | ▲ 238,667% |
| Cash at bank and in hand54/58 | €133,170 | €87,564 | €56,343 | €164,297 | €521,746 | ▲ 218% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €1.0m | €937,381 | €995,331 | €921,092 | ▼ 7.5% |
| Equity10/15 | €894,981 | €822,918 | €742,683 | €824,754 | €777,510 | ▼ 5.7% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €876,379 | €804,316 | €724,081 | €806,152 | €758,908 | ▼ 5.9% |
| Non-distributable reserves130/1 | - | €14,280 | €14,280 | €14,280 | €14,280 | = |
| Reserves not available under the articles1311 | - | €14,280 | €14,280 | €14,280 | €14,280 | = |
| Distributable reserves133 | - | €790,036 | €709,801 | €791,872 | €744,628 | ▼ 6.0% |
| Profit (loss) carried forward14 | €2 | €2 | €2 | €2 | €2 | = |
| Provisions and deferred taxes16 | €41,316 | €41,316 | €41,316 | €41,316 | €41,316 | = |
| Provisions for liabilities and charges160/5 | - | €41,316 | €41,316 | €41,316 | €41,316 | = |
| Pensions and similar obligations160 | - | €41,316 | €41,316 | €41,316 | €41,316 | = |
| Amounts payable17/49 | €207,921 | €169,379 | €153,382 | €129,261 | €102,266 | ▼ 20.9% |
| Amounts payable after more than one year17 | €146,721 | €121,455 | €95,925 | €70,127 | €44,058 | ▼ 37.2% |
| Financial debts170/4 | - | €121,455 | €95,925 | €70,127 | €44,058 | ▼ 37.2% |
| Amounts payable within one year42/48 | €61,201 | €47,924 | €57,457 | €59,135 | €58,209 | ▼ 1.6% |
| Current portion of amounts payable after more than one year42 | - | €25,265 | €25,530 | €25,798 | €26,069 | ▲ 1.0% |
| Trade debts44 | €1,648 | €1,671 | €1,609 | €1,683 | €1,098 | ▼ 34.8% |
| Suppliers440/4 | - | €1,671 | €1,609 | €1,683 | €1,098 | ▼ 34.8% |
| Taxes, remuneration and social security45 | - | €20,628 | €29,453 | €31,171 | €29,688 | ▼ 4.8% |
| Taxes450/3 | - | €20,628 | €29,453 | €31,171 | €29,688 | ▼ 4.8% |
| Other amounts payable47/48 | - | €360 | €865 | €483 | €1,354 | ▲ 180% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €78,603 | €102,066 | €104,665 | €230,295 | €34,117 | ▼ 85.2% |
| + Depreciation and write-downs630 | - | - | - | - | €14,521 | - |
| Operating cash flow (approximation) | €78,603 | €102,066 | €104,665 | €230,295 | €48,638 | ▼ 78.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €439,888 | - |
| Change in cash | - | -€45,606 | -€31,220 | €107,954 | €357,450 | ▲ 231% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €34,117 ▼85.2%
Net result drops to €34,117, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 9.35
Current ratio from 2.78 to 9.35; short-term debt falls from €59,135 to €58,209.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €230,295 ▲120%
Net result €230,295, the highest in the series.
19-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro 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.
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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, Brecht · 1 establishment unit since 2000
Ground area
2,019 m²
Building footprint
115 m²
Volume, LiDAR
698 m³
Parcel 11042B0232/00E005, Flanders · tallest building 16.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SOLID
since 20002.099.595.583
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11042B0232/00E005 | Flanders | 2,019 m² | 1 · 115 m² | 16.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,759 companies in sector 71122 we hold annual accounts for 771. 432 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded11-04-2000
Fiscal year end31-12
Activities, NACEBEL 2025
71122Land surveying
Scores and ratios are computed by Checked and are not a credit decision.