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SOLID'AIR

Active
Private limited company (pre-2019)founded 201412 yrs activeRue de l'Aunaie 81, 4040 Herstal, BelgiumKBO/BCE: BE 0543.826.936

SOLID'AIR has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €655k and a net result of €80k. Equity is growing by ~28.6% per year across the filed fiscal years. Its solvency ranks better than 46% of 19340 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
53 / 100
Fair▲ +10 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability61▼-25
Solvency28▲+8
Growth52=
Stability100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.46 against 0.46 in 2023), and 74% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 12 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
64 d late
2022
121 d late
2021
31 d late
2020
31 d late
2019
68 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€655k▲ 14.0%
2023 · €575k
2018: €66k 2019: €184k 2020: €217k 2021: €347k 2022: €475k 2023: €575k
2018 → 2024
Total assets
€2.52M▼ 2.0%
2023 · €2.57M
2018: €2.38M 2019: €2.39M 2020: €2.73M 2021: €2.66M 2022: €2.60M 2023: €2.57M
2018 → 2024
Net result
€80k▼ 19.2%
2023 · €99k
2018: €131k 2019: €117k 2020: €40k 2021: €154k 2022: €128k 2023: €99k
2018 → 2024
Working capital
€-194k▼ 38.2%
2023 · €-141k
2018: €-54k 2019: €-9k 2020: €-173k 2021: €-198k 2022: €-168k 2023: €-141k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€217k-€347k▲ 60.0%€475k▲ 37.0%€575k▲ 20.9%€655k▲ 14.0%
Operating result€96k-€249k▲ 160%€215k▼ 13.8%€176k▼ 18.4%€143k▼ 18.6%
Net result€40k-€154k▲ 282%€128k▼ 16.5%€99k▼ 22.7%€80k▼ 19.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200kOperating result 2020: €96k€96kNet result 2020: €40k€40kOperating result 2021: €249k€249kNet result 2021: €154k€154kOperating result 2022: €215k€215kNet result 2022: €128k€128kOperating result 2023: €176k€176kNet result 2023: €99k€99kOperating result 2024: €143k€143kNet result 2024: €80k€80k20202021202220232024
The operating result has fallen three years in a row; 2024 is 19% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.52M
Fixed assets €2.35M▼ 3.9%
Current assets €163k▲ 38.3%
Equity and liabilities €2.52M
Equity €655k▲ 14.0%
Debt €1.86M▼ 6.6%
The debt ratio falls from 77.6% to 74.0%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€234k
2023 · €267k
Cash flow
€171k
2023 · €191k
Solvency
26.0%
2023 · 22.4%
Current ratio
0.46=
2023 · 0.46
Quick ratio
0.46=
2023 · 0.46
Debt / equity
2.84
2023 · 3.47
ROE
12.3%
2023 · 17.3%
ROA
3.2%
2023 · 3.9%
Interest coverage
6.98
2023 · 6.73
Debt
€1.86M
2023 · €1.99M
Debt ≤ 1 year
€357k
2023 · €258k
Debt > 1 year
€1.47M
2023 · €1.68M
Income taxes
€31k
2023 · €37k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€2.57M€2.52M
Fixed assets21/28€2.45M€2.35M
Intangible fixed assets21€732€77
Tangible fixed assets22/27€2.45M€2.35M
Land and buildings22€2.35M€2.29M
Plant, machinery and equipment23€102k€60k
Furniture and vehicles24€3k€5k
Financial fixed assets28€0-
Current assets29/58€118k€163k
Amounts receivable within one year40/41€69k€115k
Trade receivables40€36k€66k
Other amounts receivable41€33k€49k
Cash at bank and in hand54/58€49k€48k
Deferred charges and accrued income490/1€431€0
Equity and liabilities
Total equity and liabilities10/49€2.57M€2.52M
Equity10/15€575k€655k
Contributions10/11€3k€3k=
Reserves13€572k€652k
Non-distributable reserves130/1€16k€16k=
Reserves not available under the articles1311€16k€16k=
Distributable reserves133€556k€636k
Amounts payable17/49€1.99M€1.86M
Amounts payable after more than one year17€1.68M€1.47M
Financial debts170/4€1.68M€1.47M
Amounts payable within one year42/48€258k€357k
Current portion of amounts payable after more than one year42€213k€214k
Financial debts43-€7k
Credit institutions430/8-€7k
Trade debts44€0€73k
Suppliers440/4€0€73k
Taxes, remuneration and social security45€45k€63k
Taxes450/3€45k€63k
Accrued charges and deferred income492/3€54k€38k
Income statement Code20232024
Non-recurring operating income76A-€4k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€91k€91k
Other operating charges640/8€38k€64k
Gross operating margin9900€305k€298k
Operating profit (loss)9901€176k€143k
Financial income75/76B€791€2k
Recurring financial income75€791€2k
Financial charges65/66B€40k€34k
Recurring financial charges65€40k€34k
Profit (loss) for the period before taxes9903€137k€112k
Income taxes67/77€37k€31k
Profit (loss) for the period9904€99k€80k
Profit (loss) for the period to be appropriated9905€99k€80k
Appropriation of the result
Profit (loss) to be appropriated9906€99k€80k
Transfer to equity691/2€99k€80k
To other reserves6921€99k€80k

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
03-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
2023
31-12
Financial Equity above €500kEq €575k ▲20.9%
6 profitable years in a row build equity to €575k.
29-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 121 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Highest result since 2018net €154k ▲282%
Operating result €249k, net result €154k, both a record.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial Weakest financial yearnet €40k ▼65.7%
Net result drops to €40k, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €200kEq €217k ▲18.1%
3 profitable years in a row build equity to €217k.
07-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
31-12
Financial Equity above €150kEq €184k ▲177%
2 profitable years in a row build equity to €184k.
02-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
29-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
28-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 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, Herstal · 1 establishment unit since 2014
exact location from the address register On OpenStreetMap
Ground area
2,016 m²
Building footprint
178 m²
Volume, LiDAR
1,213 m³
Parcel 62314F0233/00D000, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SOLID'AIR
Rue de l'Aunaie 81, 4040 HerstalRenting and operating of own or leased residential real estate, excluding social housing
since 20142.226.456.242
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62314F0233/00D000 Wallonia 2,016 m² 1 · 178 m² 8.6 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.

Similar companies · same sector, comparable size

Of 9,094 companies in sector 68201 we hold annual accounts for 6,725. 4,981 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded06-01-2014
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
93110Operation of sports facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.