SOLID
ActiveSummary
SOLID has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €776,144 and a net result of €76,540. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 40% of 8737 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability53▼-1
Solvency66▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50,000 at 30 days acceptable
Liquidity short (current ratio 0.22 against 0.16 in 2024; short-term debt: 37.1% and cash: 1.8% of total assets), and 58.7% 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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
41.3%
Return on assets
4.1%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-09-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
3 d early
2023
12 d early
2022
11 d early
2021
8 d late
2020
26 d late
2019
28 d late
← 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 1 day after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€776,144▲ 10.9%
2024 · €699,604
Total assets
€1.9m▲ 1.0%
2024 · €1.9m
Net result
€76,540▲ 3.7%
2024 · €73,832
Working capital
-€546,075▲ 10.0%
2024 · -€606,708
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
Operating result€118,807▼ 14.8%€261,696▲ 120%€50,039▼ 80.9%€161,467▲ 223%€188,517▲ 16.8%
Net result€56,542▼ 8.4%€157,184▲ 178%€7,038▼ 95.5%€73,832▲ 949%€76,540▲ 3.7%
Equity€582,300▲ 7.5%€723,734▲ 24.3%€730,773▲ 1.0%€699,604▼ 4.3%€776,144▲ 10.9%
Total assets€1.6m▼ 3.8%€1.7m▲ 1.2%€1.8m▲ 10.0%€1.9m▲ 2.4%€1.9m▲ 1.0%
Debt€956,860▼ 9.9%€910,125▼ 4.9%€1.1m▲ 17.4%€1.1m▲ 7.0%€1.1m▼ 5.0%
Working capital-€472,628▲ 0.2%-€453,516▲ 4.0%-€549,849▼ 21.2%-€606,708▼ 10.3%-€546,075▲ 10.0%
Staff (FTE)0.6▼ 25.0%0▼ 100%000
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 17% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.9m
Fixed assets
€1.7m ▼ 1.1%
Current assets
€150,492 ▲ 34.0%
Equity and liabilities €1.9m
Equity
€776,144 ▲ 10.9%
Provisions
€17,135 ▼ 3.1%
Debt
€1.1m ▼ 5.0%
Debt's share of the balance-sheet total falls from 61.4% to 57.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€213,342▲
2024 · €186,194
Cash flow
€101,365▲
2024 · €98,559
Current ratio
0.22▲
2024 · 0.16
Debt to equity
1.40▼
2024 · 1.63
ROE
9.9%▼
2024 · 10.6%
ROA
4.1%▲
2024 · 4.0%
Interest coverage
3.46▼
2024 · 3.68
Debt ≤ 1 year
€696,567▼
2024 · €718,975
Debt > 1 year
€344,134▼
2024 · €401,437
Income taxes
€51,069▲
2024 · €37,780
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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | -€9 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,387 | €20,367 | €90,551 | €24,727 | €24,825 | ▲ 0.4% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | -€75,000 | €0 | - | - | - |
| Other operating charges640/8 | - | €3,384 | €4,299 | €3,848 | €4,429 | ▲ 15.1% |
| Gross operating margin9900 | €160,153 | €210,438 | €144,889 | €190,042 | €217,771 | ▲ 14.6% |
| Operating profit (loss)9901 | €118,807 | €261,696 | €50,039 | €161,467 | €188,517 | ▲ 16.8% |
| Financial income75/76B | - | €9 | €0 | €178 | €256 | ▲ 44.2% |
| Recurring financial income75 | €59 | €9 | €0 | €178 | €256 | ▲ 44.2% |
| Financial charges65/66B | - | €33,444 | €35,085 | €50,587 | €61,717 | ▲ 22.0% |
| Recurring financial charges65 | €37,232 | €33,444 | €35,085 | €50,587 | €61,717 | ▲ 22.0% |
| Profit (loss) for the period before taxes9903 | €81,634 | €228,261 | €14,955 | €111,058 | €127,055 | ▲ 14.4% |
| Transfer from deferred taxes780 | - | - | €43 | €554 | €554 | = |
| Income taxes67/77 | €25,091 | €71,076 | €7,960 | €37,780 | €51,069 | ▲ 35.2% |
| Profit (loss) for the period9904 | €56,542 | €157,184 | €7,038 | €73,832 | €76,540 | ▲ 3.7% |
| Transfer from tax-exempt reserves789 | - | - | €128 | €1,662 | €1,662 | = |
| Profit (loss) for the period to be appropriated9905 | €56,542 | €157,184 | €7,166 | €75,494 | €78,202 | ▲ 3.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.6m | €1.7m | €1.8m | €1.9m | €1.9m | ▲ 1.0% |
| Fixed assets21/28 | €1.5m | €1.5m | €1.8m | €1.7m | €1.7m | ▼ 1.1% |
| Tangible fixed assets22/27 | €510,720 | €503,375 | €773,088 | €748,361 | €728,964 | ▼ 2.6% |
| Land and buildings22 | - | €489,933 | €764,128 | €741,796 | €719,464 | ▼ 3.0% |
| Plant, machinery and equipment23 | - | €3,495 | €2,705 | €1,916 | €1,126 | ▼ 41.2% |
| Furniture and vehicles24 | - | €9,947 | €6,254 | €4,649 | €8,374 | ▲ 80.1% |
| Financial fixed assets28 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Current assets29/58 | €121,726 | €148,770 | €44,794 | €112,267 | €150,492 | ▲ 34.0% |
| Amounts receivable within one year40/41 | €37,680 | €21,175 | €40,063 | €81,149 | €115,803 | ▲ 42.7% |
| Trade receivables40 | - | €21,175 | €33,828 | €81,149 | €115,803 | ▲ 42.7% |
| Other amounts receivable41 | - | €0 | €6,235 | €0 | - | - |
| Cash at bank and in hand54/58 | €84,045 | €127,379 | €4,731 | €31,118 | €34,689 | ▲ 11.5% |
| Deferred charges and accrued income490/1 | - | €216 | €0 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.6m | €1.7m | €1.8m | €1.9m | €1.9m | ▲ 1.0% |
| Equity10/15 | €582,300 | €723,734 | €730,773 | €699,604 | €776,144 | ▲ 10.9% |
| Contributions10/11 | - | €114,200 | €114,200 | €114,200 | €114,200 | = |
| Reserves13 | €468,100 | €609,534 | €616,573 | €585,404 | €661,944 | ▲ 13.1% |
| Non-distributable reserves130/1 | - | €25,475 | €25,475 | €25,475 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €25,475 | €25,475 | €25,475 | €0 | ▼ 100% |
| Tax-exempt reserves132 | - | €54,857 | €54,729 | €53,067 | €51,404 | ▼ 3.1% |
| Distributable reserves133 | - | €529,203 | €536,369 | €506,863 | €610,540 | ▲ 20.5% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Provisions and deferred taxes16 | €93,286 | €18,286 | €18,243 | €17,689 | €17,135 | ▼ 3.1% |
| Provisions for liabilities and charges160/5 | - | €0 | - | - | - | - |
| Major repairs and maintenance162 | - | €0 | - | - | - | - |
| Deferred taxes168 | - | €18,286 | €18,243 | €17,689 | €17,135 | ▼ 3.1% |
| Amounts payable17/49 | €956,860 | €910,125 | €1.1m | €1.1m | €1.1m | ▼ 5.0% |
| Amounts payable after more than one year17 | €348,984 | €293,969 | €457,532 | €401,437 | €344,134 | ▼ 14.3% |
| Financial debts170/4 | - | €293,969 | €457,532 | €401,437 | €344,134 | ▼ 14.3% |
| Amounts payable within one year42/48 | €594,354 | €602,286 | €594,643 | €718,975 | €696,567 | ▼ 3.1% |
| Current portion of amounts payable after more than one year42 | - | €55,015 | €76,437 | €56,095 | €57,303 | ▲ 2.2% |
| Trade debts44 | €1,381 | €2,586 | €3,214 | €3,688 | €4,957 | ▲ 34.4% |
| Suppliers440/4 | - | €2,586 | €3,214 | €3,688 | €4,957 | ▲ 34.4% |
| Taxes, remuneration and social security45 | - | €36,570 | €18,144 | €42,959 | €21,349 | ▼ 50.3% |
| Taxes450/3 | - | €36,570 | €18,144 | €42,959 | €21,349 | ▼ 50.3% |
| Other amounts payable47/48 | - | €508,115 | €496,848 | €616,234 | €612,957 | ▼ 0.5% |
| Accrued charges and deferred income492/3 | - | €13,870 | €16,691 | €22,922 | €45,476 | ▲ 98.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €56,542 | €157,184 | €7,038 | €73,832 | €76,540 | ▲ 3.7% |
| + Depreciation and write-downs630 | €19,387 | €20,367 | €90,551 | €24,727 | €24,825 | ▲ 0.4% |
| Operating cash flow (approximation) | €75,929 | €177,552 | €97,589 | €98,559 | €101,365 | ▲ 2.8% |
| Investment in fixed assets (approximation) | - | -€13,023 | -€360,263 | €0 | -€5,429 | - |
| Change in cash | - | €43,333 | -€122,648 | €26,387 | €3,571 | ▼ 86.5% |
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
19-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
10-07
State Gazette act
General meeting · Statutes amendment
Director reappointment · Permanent representative
10-07
State Gazette act
Purpose change · Statutes amendment
Director reappointment · Permanent representative
31-03
Financial
Weakest financial yearnet €7,038 ▼95.5%
Net result drops to €7,038, the lowest in the series; recovery starts the following year.
2022
20-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
08-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 8 days late
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
31-03
Financial
Equity above €500,000Eq €541,507 ▲9.3%
2 profitable years in a row build equity to €541,507.
2019
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
07-05
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
Show earlier events
24-04
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2018
29-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2017
04-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 34 days late
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2013
07-08
State Gazette act
General meeting · Legal-form conversion
Purpose change · Capital
2012
06-12
State Gazette act
General meeting · Director reappointment
Permanent representative · Board meeting
2011
16-08
State Gazette act
Incorporation · Corporate purpose
Founding capital · Share issue
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Roeselare · 1 establishment unit since 2008
Ground area
1,236 m²
Building footprint
289 m²
Volume, LiDAR
1,426 m³
Parcel 36302B1176/00A002, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
COMTI
since 20082.225.737.551
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36302B1176/00A002 | Flanders | 1,236 m² | 1 · 289 m² | 9.4 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-03-2025 list no shareholders, and no other source names one.
Holdings 1
-
12.5%
According to the annual accounts to 31-03-2025 of SOLID and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
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Shareholding
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Ownership & control
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Of 5,712 companies in sector 70100 we hold annual accounts for 3,504. 2,032 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
Founded27-05-2008
Fiscal year end31-03
Activities, NACEBEL 2025
70100Activities of head offices
E-invoicing
Reachable via Peppol
Peppol ID
0208:0898218812
Also
9925:BE0898218812
Registered
31-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.