Turnover
The micro format states no turnover.
The micro format states no turnover.
Of this, €138,616 falls due within a year.
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 22% of them on solvency, 25% on liquidity and 41% on profitability.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 2,157 companies had the same profile as Solid+ has now. Each dot stands for 6 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Solid+ itself: 1.6% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,157 companies, not a prediction for Solid+. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is tight, with a current ratio of 1.32, below the usual 1.5. Short-term debt is 75.6% and cash 15.1% of total assets. 91.8% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| Solid+ Dilsen-Stokkem | €183,373 | €17,665 | 8.2% | - |
| TRASAMEX Sint-Genesius-Rode | €109,435 | €18,058 | 77.4% | - |
| B-TRAC Ciney | €306,756 | €18,835 | 21.1% | - |
| dopo Roeselare | €173,161 | €25,920 | 61.3% | 0.2 |
| TcvGroup Chimay | €160,218 | €52,884 | 27.0% | - |
| IJW Machinerie Bree | €266,433 | €28,853 | 11.9% | - |
| 1 2 3 CARLENS Remicourt | €149,244 | €31,272 | 74.9% | - |
These companies have the same main activity as Solid+: wholesale trade (NACE 46610). They are comparable in size and age: total assets between €109,000 and €307,000, founded between 2021 and 2025.
The computed 12-month bankruptcy probability of Solid+ is 1.6% (moderate). The 2025 annual accounts show equity of €15,039 and a net result of €12,539.
Its solvency ranks better than 25% of 13,800 sector peers (NACE 46, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €220,000. Estimated: probably between €110,000 and €570,000.
Higher than 25% of 13,800 companies in 2025.
Higher than 41% of 13,181 companies in 2025.
Higher than 61% of 13,360 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
183,373 | |
29/58 |
183,373 | |
40/41 |
155,689 | |
40 |
152,826 | |
41 |
2,863 | |
54/58 |
27,684 | |
| Balance sheet: equity and liabilities | ||
10/49 |
183,373 | |
10/15 |
15,039 | |
10/11 |
2,500 | |
13 |
12,539 | |
133 |
12,539 | |
17/49 |
168,334 | |
42/48 |
138,616 | |
44 |
134,031 | |
440/4 |
134,031 | |
45 |
4,584 | |
450/3 |
4,504 | |
454/9 |
80 | |
492/3 |
29,719 | |
| Income statement | ||
9900 |
17,665 | |
640/8 |
1,211 | |
9901 |
16,454 | |
75/76B |
0 | |
75 |
0 | |
65/66B |
737 | |
65 |
737 | |
9903 |
15,717 | |
67/77 |
3,178 | |
9904 |
12,539 | |
9905 |
12,539 | |
| Appropriation of the result | ||
9906 |
12,539 | |
691/2 |
12,539 | |
6921 |
12,539 | |
| Document | ||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 22-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 22-06-2026 | 2026-00181722 |
| Line | Trend | 2025 |
|---|---|---|
| 44,758 | ||
| 8.2% | ||
| 1.32 | ||
| 11.19 | ||
| 83.4% | ||
| 6.8% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Debt's share of the balance-sheet total is 91.8%.
Solid+ has no parent and no holdings in its annual accounts. Solid+ shares no director with another company.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Spileind 37 registered office 3650 Dilsen-Stokkem | 21-10-2024 | 2.365.714.192 |
| John Cockerillstraat 29 3920 Lommel 46630 Wholesale trade | 01-06-2025 | 2.375.527.426 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 72020C1417/00S005 | 3,574 m² | 1 · 1,656 m² | 3.2 m |
| 72005B0395/00S000 | 437 m² | 1 · 103 m² | 7.4 m · 2 |
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