SOLID BUILDERS GROUP
ActiveSummary
The computed 12-month bankruptcy probability of SOLID BUILDERS GROUP is 3.7% (moderate). The 2025 annual accounts show negative equity (-€39,651) and a net result of -€12,598. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 9,316 sector peers (NACE 41, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- -€39,651
- Loss
- -€12,598
Why 47raises riskSector: Construction of residential and non-residential buildings (NACE 41)Last filed accounts filed 31 days late; 1 of the last 3 lateNegative equity -€39,651lowers riskSize: total assets €233,543Show the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 8% on solvency, 12% on liquidity, 14% on profitability and 11% on growth.
The bankruptcy probability was computed on 26-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 4 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Weakest financial yearnet -€23,018
Financials · financial year 2025, micro format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00466014.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €11,325 in 2025 against €22,387 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 1,564 companies that looked in July 2024 the way this one looks now, 5.1% went bankrupt within 24 months and 88.9% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a small loss
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,564 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €918 | €4,132 | €4,132 | €4,132 | €4,533 | €5,979 | €3,067 | €58 | ▼ 98.1% |
| Other operating charges640/8 | - | - | - | €1,218 | €6,599 | €12,606 | €15,241 | €7,122 | ▼ 53.3% |
| Gross operating margin9900 | €2,135 | -€20,100 | -€1,789 | €11,522 | €21,245 | €25,123 | -€4,080 | -€4,145 | ▼ 1.6% |
| Operating profit (loss)9901 | €230 | -€25,827 | -€7,652 | €6,172 | €10,113 | €6,539 | -€22,387 | -€11,325 | ▲ 49.4% |
| Financial income75/76B | - | - | - | €176 | €184 | €336 | €247 | €45 | ▼ 82.0% |
| Recurring financial income75 | €551 | €4,354 | €195 | €176 | €184 | €336 | €247 | €45 | ▼ 82.0% |
| Financial charges65/66B | - | - | - | €595 | €904 | €516 | €878 | €1,317 | ▲ 50.1% |
| Recurring financial charges65 | €23 | €919 | €1,085 | €595 | €904 | €516 | €878 | €1,317 | ▲ 50.1% |
| Profit (loss) for the period before taxes9903 | €758 | -€22,393 | -€8,541 | €5,752 | €9,393 | €6,358 | -€23,018 | -€12,598 | ▲ 45.3% |
| Income taxes67/77 | €385 | -€62 | - | - | - | €1,240 | - | - | - |
| Profit (loss) for the period9904 | €373 | -€22,330 | -€8,541 | €5,752 | €9,393 | €5,118 | -€23,018 | -€12,598 | ▲ 45.3% |
| Profit (loss) for the period to be appropriated9905 | €373 | -€22,330 | -€8,541 | €5,752 | €9,393 | €5,118 | -€23,018 | -€12,598 | ▲ 45.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €125,739 | €216,205 | €182,162 | €267,578 | €247,143 | €374,228 | €273,055 | €233,543 | ▼ 14.5% |
| Formation expenses20 | - | - | - | €0 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | - | €16,529 | €12,397 | €8,264 | €12,331 | €6,352 | €12,435 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | - | €16,529 | €12,397 | €8,264 | €12,331 | €6,352 | €12,435 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | - | - | - | €691 | €375 | €58 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | €8,264 | €11,640 | €5,977 | €12,377 | €0 | ▼ 100% |
| Current assets29/58 | €125,739 | €199,677 | €169,766 | €259,313 | €234,812 | €367,875 | €260,620 | €233,543 | ▼ 10.4% |
| Stocks and contracts in progress3 | - | - | €77,673 | €9,383 | - | - | - | - | - |
| Contracts in progress37 | - | - | - | €9,383 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €119,228 | €183,647 | €89,322 | €231,561 | €221,423 | €346,412 | €256,328 | €232,537 | ▼ 9.3% |
| Trade receivables40 | - | - | - | €201,651 | €177,229 | €310,157 | €254,105 | €228,374 | ▼ 10.1% |
| Other amounts receivable41 | - | - | - | €29,911 | €44,195 | €36,256 | €2,224 | €4,163 | ▲ 87.2% |
| Cash at bank and in hand54/58 | €6,047 | €13,883 | €1,878 | €713 | €10,535 | €18,339 | €2,829 | €993 | ▼ 64.9% |
| Deferred charges and accrued income490/1 | - | - | - | €17,656 | €2,854 | €3,124 | €1,463 | €12 | ▼ 99.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €125,739 | €216,205 | €182,162 | €267,578 | €247,143 | €374,228 | €273,055 | €233,543 | ▼ 14.5% |
| Equity10/15 | €6,573 | -€15,757 | -€24,299 | -€18,546 | -€9,153 | -€4,035 | -€27,053 | -€39,651 | ▼ 46.6% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €373 | €373 | €373 | €373 | €373 | €373 | €373 | €373 | = |
| Non-distributable reserves130/1 | - | - | - | €373 | €373 | €373 | €373 | €373 | = |
| Reserves not available under the articles1311 | - | - | - | €373 | €373 | €373 | €373 | €373 | = |
| Profit (loss) carried forward14 | - | -€22,330 | -€30,872 | -€25,119 | -€15,726 | -€10,608 | -€33,626 | -€46,224 | ▼ 37.5% |
| Amounts payable17/49 | €119,166 | €231,963 | €206,461 | €286,124 | €256,296 | €378,263 | €300,108 | €273,193 | ▼ 9.0% |
| Amounts payable after more than one year17 | - | €15,703 | €10,713 | €5,625 | €437 | - | €8,422 | €114,625 | ▲ 14× |
| Financial debts170/4 | - | - | - | €5,625 | €437 | - | €8,422 | €114,625 | ▲ 14× |
| Amounts payable within one year42/48 | €116,466 | €213,559 | €195,748 | €280,499 | €255,860 | €378,263 | €291,687 | €158,568 | ▼ 45.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €5,088 | €5,188 | €437 | €3,648 | €3,797 | ▲ 4.1% |
| Trade debts44 | €13,133 | €145,401 | €84,686 | €189,648 | €134,843 | €168,757 | €117,790 | €97,653 | ▼ 17.1% |
| Suppliers440/4 | - | - | - | €189,648 | €134,843 | €168,757 | €117,790 | €97,653 | ▼ 17.1% |
| Advances received on contracts in progress46 | - | - | - | - | - | €89,581 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €132 | €59 | €1,240 | €13,566 | - | - |
| Taxes450/3 | - | - | - | €132 | €59 | €1,240 | €13,566 | - | - |
| Other amounts payable47/48 | - | - | - | €85,631 | €115,770 | €118,247 | €156,683 | €57,118 | ▼ 63.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €373 | -€22,330 | -€8,541 | €5,752 | €9,393 | €5,118 | -€23,018 | -€12,598 | ▲ 45.3% |
| + Depreciation and write-downs630 | €918 | €4,132 | €4,132 | €4,132 | €4,533 | €5,979 | €3,067 | €58 | ▼ 98.1% |
| Operating cash flow (approximation) | €1,291 | -€18,198 | -€4,409 | €9,885 | €13,926 | €11,097 | -€19,951 | -€12,540 | ▲ 37.1% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | -€8,600 | €0 | -€9,150 | €12,377 | - |
| Change in cash | - | €7,836 | -€12,005 | -€1,164 | €9,821 | €7,804 | -€15,510 | -€1,835 | ▲ 88.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00466014 |
| 31-12-2024 | abbreviated format | 23-07-2025 | 2025-00310042 |
| 31-12-2023 | abbreviated format | 28-06-2024 | 2024-00175835 |
| 31-12-2022 | micro format | 26-07-2023 | 2023-00270706 |
| 31-12-2021 | micro format | 28-07-2022 | 2022-20235760 |
| 31-12-2020 | micro format | 20-07-2021 | 2021-37100531 |
| 31-12-2019 | micro format | 29-07-2020 | 2020-35200201 |
| 31-12-2018 | micro format | 23-07-2019 | 2019-35900273 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| KRAUSZ Chaim Myer |
|
Owners and capital
Capital and shareholders
- 06-12-2023 Converted to unavailable equity
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
06-12
Gazette deed
Resignation: KRAUSZ Chaim Myer (enige niet statutaire bestuurder)Appointment: KRAUSZ Chaim Myer (director) · Legal-form conversion · Capital conversion9 facts ▸
- General meeting, 23-11-2023
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing, middelen beschikbaar voor eventuele uitkering” (deed in Dutch)
- Director resignation, KRAUSZ Chaim Myer (enige niet statutaire bestuurder (zaakvoerder))
- Director discharge, KRAUSZ Chaim Myer
- Director appointment, KRAUSZ Chaim Myer (director (not named in the articles))
- Amendment of the articles
- Other provision, “statutair adres, adres uit statuten schrappen” (deed in Dutch)
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0681.369.075
Environmental permits
The 10 most recent of 11 applications.
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11806F1349/00R021 | Flanders | 78 m² | 1 · 78 m² | 15.7 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De bouw van daken,het plaatsen van dakbedekking van ongeacht welk materiaal;aannemer van zinkwerken en zowel metalen als niet metalen…” (deed in Dutch)
32 activities (deed in Dutch)
- De bouw van daken,het plaatsen van dakbedekking van ongeacht welk materiaal;aannemer van zinkwerken en zowel metalen als niet metalen dakbedekking van gebouwen;het uitvoeren van dakwerken en dakbedekkingswerken,dichtingswerken,gevelreiniging en restauratiewerkzaamheden;
- De installatie van elektrische bedrading en toebehoren van hulpvoedingssystemen,van de bedrading voor telefooninstallaties en computersystemen,domotica,van liften en roltrappen,van bewakingssystemen en alarminstallaties tegen diefstal,van antennes en bliksemafleiders;elektricien in het algemeen
- Het installeren en monteren van zonnepanelen en andere energie-opwekkende installaties
- Onderneming in elektrische verwarmingsinstallaties
- Onderneming in de installatie,herstelling en het onderhoud van centrale verwarming
- Onderneming in de installatie van verwarming met gas met individuele toestellen
- De sanitaire installatie in het algemeen en de loodgieterij in de ruimste zin van het woord;
- Aannemer van alle plafonneerwerken,cementwerken,metsel- en betonwerken;tegelzetter
- Het aanbrengen van pleister- en stukadoorswerken - inclusief het aanbrengen van een hechtgrond - aan de binnen- of buitenzijde van gebouwen en andere bouwwerken;alle chapewerken
- Het plaatsen van vloer- en wandtegels;het plaatsen van vloerbedekking van hout of andere materialen;de installatie van al dan niet verplaatsbare tussenwanden en plafonds
- Behanger,plaatsing van wand- en vloerbekleding
- Aannemer van alle soorten schrijnwerkerij – timmerman
- Het vervaardigen van schrijn- en timmerwerk
- Het toezien op bouwwerkzaamheden (ruwbouw,installatie en afwerking);
- Het leiden van belangrijke herstellingswerkzaamheden aan onroerende goederen;
- Het schilderen van binnen- en buitenwerk van gebouwen;
- Het aanbrengen in gebouwen en anderen gebouwen van:thermisch isolatiemateriaal,isolatiemateriaal tegen geluid en trillingen;
- Gevelreiniging door middel van zandstralen,met behulp van stoom en dergelijke.
- Import,export en groothandel in alsmede de verhuur van bouwmaterialen,meubelen,machines,gereedschappen,sanitair,elektrisch materiaal en materiaal voor tuinaanleg
- De montage van buiten- en binnenschrijnwerk van hout,kunststof of metaal:deuren,vensters,kozijnen,trappen,muurkasten,inbouwkeukens en winkelinrichtingen
- Het uitvoeren van grond- en slopingswerken met het oog op voorgaande werkzaamheden;
- Het aanleggen en onderhouden van tuinen en parken
- De installatie en montage van garagepoorten,luiken,zonneblinden,traliewerk,hekken,veranda’s,serres,afsluitingen en dergelijke;
- Het behandelen van muren met vochtwerende en waterafstotende producten;
- Het aanbrengen van glas,spiegels en dergelijke;
- Voor eigen rekening:Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen;de aan- en verkoop,huur en verhuur van roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van roerende en onroerende goederen;
- Voor eigen rekening:Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verplichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen;
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,onder om het even welke vorm;in dit kader kan zij zich ook borgstellen of haar aval verlenen,in de meest ruime zin,alle handels- en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen;
- Het uitoefenen van de functie van bestuurder,gedelegeerd bestuurder,zaakvoerder,directeur of andere leidende en uitvoerende functies,al dan niet bezoldigd in alle vormen,ook buitenlandse,van vennootschappen,verenigingen of samenwerkingsverbanden zowel in België als in het buitenland.
- Alle vormen van consultancy en adviesverlening,voor zover deze niet voorbehouden zijn aan de gereglementeerde beroepen,tenzij de vennootschap zelf voldoet aan de wettelijke vereisten terzake;
- Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en vennootschappen,het stimuleren,de planning,de coördinatie van de ontwikkeling en investering in rechtspersonen en ondernemingen waarin zij al of niet een participatie aanhoudt;
- Managementactiviteiten van holdings en andere:het tussenkomen in het dagelijks Bestuur,het vertegenwoordigen van bedrijven op grond van het bezit van of controle over het maatschappelijk kapitaal en andere managementactiviteiten
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SOLID BUILDERS GROUP
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Voor zover geen wijziging taalregime, Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Onbepaalde duur indien niet bepaald, één of meer bestuurders” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager helft koper(s) naar evenredigheid aantal bij meerdere kopers, elke overdracht onder levenden ten bezwarende/kosteloze titel…” (deed in Dutch)“Geheel of deel van aandelen vrij overdraagbaar, vennootschap telt maar één aandeelhouder meer” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “Artikel 14 - Organisatie en bijeenroeping: 14.1 Ieder jaar wordt een gewone algemene vergadering van aandeelhouders gehouden op de zetel, op…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing AV beslissende in vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)1 more provision on this in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie aangewezen als vereffenaar(s) krachtens statuten indien geen…” (deed in Dutch)