SOLID BUILDING GEEL
ActiveFrom the official registers: KBO 9 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
SOLID BUILDING GEEL has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €119,125 and a net result of €54,858. Equity is growing by about 8% per year across the filed financial years. Its solvency ranks better than 72% of 2,790 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 28-10-2016 Normal situation
- Legal form
- Private limited company
- Registered office
- Belsehei 19, 2440 Geel
- Activity
- General construction of other non-residential buildings NACE 41003and 1 other
- Establishment unit
- 2.258.769.318 2440 Geel, since 28-10-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
How it is doing
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €74,369
- ▼ 23.4%
- Turnover
- ≈ €300,000
- estimated
- Profit
- €54,858
- ▼ 23.3%
- Equity
- €119,125
- ▲ 4.3%
- Total assets
- €199,022
- ▲ 13.1%
Why 95raises riskSector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 2.48, cash €177,059Equity €119,125 (59.9% of total assets)Size: total assets €199,022Show the evidence
Checked score
About 1 in 1,000 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 69% on solvency, 84% on liquidity, 91% on profitability and 45% on growth.
The bankruptcy probability was computed on 31-10-2026 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 14 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)
Financials · financial year 2025, abbreviated format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 01-07-2026
- Format
- abbreviated format
- Reference
- 2026-00270354
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 24% below 2024.
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 34,693 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,445 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 34,693 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 | €316 | €1,181 | €464 | - | - | - | €287 | €332 | ▲ 15.9% |
| Other operating charges640/8 | - | - | - | €101 | €102 | €109 | €118 | €120 | ▲ 1.7% |
| Gross operating margin9900 | €9,717 | €39,955 | €8,873 | €10,371 | €9,054 | €5,745 | €97,060 | €74,369 | ▼ 23.4% |
| Operating profit (loss)9901 | €9,305 | €38,676 | €8,309 | €10,270 | €8,952 | €5,636 | €96,655 | €73,917 | ▼ 23.5% |
| Financial charges65/66B | - | - | - | €50 | €30 | €29 | €30 | €30 | = |
| Recurring financial charges65 | €935 | €20 | €30 | €50 | €30 | €29 | €30 | €30 | = |
| Profit (loss) for the period before taxes9903 | €8,370 | €38,656 | €8,279 | €10,219 | €8,922 | €5,607 | €96,625 | €73,887 | ▼ 23.5% |
| Income taxes67/77 | €2,402 | €11,359 | €2,057 | €2,544 | €2,214 | €1,402 | €25,112 | €19,029 | ▼ 24.2% |
| Profit (loss) for the period9904 | €5,969 | €27,298 | €6,222 | €7,675 | €6,708 | €4,205 | €71,513 | €54,858 | ▼ 23.3% |
| Profit (loss) for the period to be appropriated9905 | €5,969 | €27,298 | €6,222 | €7,675 | €6,708 | €4,205 | €71,513 | €54,858 | ▼ 23.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €183,949 | €185,046 | €179,454 | €92,010 | €103,806 | €91,316 | €175,987 | €199,022 | ▲ 13.1% |
| Formation expenses20 | €632 | €126 | - | - | - | - | - | - | - |
| Fixed assets21/28 | - | €337 | - | - | - | - | €1,375 | €1,043 | ▼ 24.2% |
| Tangible fixed assets22/27 | - | €337 | - | - | - | - | €1,375 | €1,043 | ▼ 24.2% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €1,375 | €1,043 | ▼ 24.2% |
| Current assets29/58 | €183,317 | €184,582 | €179,454 | €92,010 | €103,806 | €91,316 | €174,612 | €197,979 | ▲ 13.4% |
| Amounts receivable within one year40/41 | €65,382 | €22,032 | €154,450 | €37,723 | €18,583 | €21,656 | €20,975 | €20,920 | ▼ 0.3% |
| Trade receivables40 | - | - | - | €28,709 | €18,129 | €19,530 | €2,390 | €17,026 | ▲ 612% |
| Other amounts receivable41 | - | - | - | €9,014 | €454 | €2,127 | €18,585 | €3,894 | ▼ 79.0% |
| Cash at bank and in hand54/58 | €117,935 | €162,550 | €24,567 | €54,288 | €84,786 | €69,660 | €153,637 | €177,059 | ▲ 15.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | €437 | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €183,949 | €185,046 | €179,454 | €92,010 | €103,806 | €91,316 | €175,987 | €199,022 | ▲ 13.1% |
| Equity10/15 | €104,689 | €61,987 | €68,209 | €75,884 | €82,592 | €86,798 | €114,267 | €119,125 | ▲ 4.3% |
| Contributions10/11 | €50,000 | €50,000 | - | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Reserves13 | €54,689 | €11,987 | €18,209 | €25,884 | €32,592 | €36,798 | €64,267 | €69,125 | ▲ 7.6% |
| Non-distributable reserves130/1 | - | - | - | €5,000 | €5,000 | €5,000 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €5,000 | €5,000 | €5,000 | €0 | - | - |
| Distributable reserves133 | - | - | - | €20,884 | €27,592 | €31,798 | €64,267 | €69,125 | ▲ 7.6% |
| Amounts payable17/49 | €79,260 | €123,059 | €111,245 | €16,126 | €21,214 | €4,518 | €61,720 | €79,897 | ▲ 29.4% |
| Amounts payable within one year42/48 | €76,768 | €123,059 | €111,245 | €16,126 | €21,214 | €4,518 | €61,720 | €79,897 | ▲ 29.4% |
| Trade debts44 | €74,365 | €39,297 | €99,886 | €16,082 | €21,212 | €4,518 | €60,030 | €20,942 | ▼ 65.1% |
| Suppliers440/4 | - | - | - | €16,082 | €21,212 | €4,518 | €60,030 | €20,942 | ▼ 65.1% |
| Taxes, remuneration and social security45 | - | - | - | €44 | €1 | - | €1,690 | €8,955 | ▲ 430% |
| Taxes450/3 | - | - | - | €44 | €1 | - | €1,690 | €8,955 | ▲ 430% |
| Other amounts payable47/48 | - | - | - | - | - | - | - | €50,000 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,969 | €27,298 | €6,222 | €7,675 | €6,708 | €4,205 | €71,513 | €54,858 | ▼ 23.3% |
| + Depreciation and write-downs630 | €316 | €1,181 | €464 | - | - | - | €287 | €332 | ▲ 15.9% |
| Operating cash flow (approximation) | €6,285 | €28,478 | €6,686 | €7,675 | €6,708 | €4,205 | €71,800 | €55,190 | ▼ 23.1% |
| Investment in fixed assets (approximation) | - | - | - | - | - | - | - | €0 | - |
| Change in cash | - | €44,615 | -€137,983 | €29,721 | €30,498 | -€15,127 | €83,978 | €23,422 | ▼ 72.1% |
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 (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 01-07-2026 | 2026-00270354 | NBB |
| 31-12-2024 | abbreviated format | 25-06-2025 | 2025-00177947 | |
| 31-12-2023 | abbreviated format | 08-07-2024 | 2024-00221333 | |
| 31-12-2022 | abbreviated format | 19-06-2023 | 2023-00136211 | |
| 31-12-2021 | abbreviated format | 12-08-2022 | 2022-20285659 | |
| 31-12-2020 | abbreviated format | 28-07-2021 | 2021-41300062 | |
| 31-12-2019 | abbreviated format | 26-08-2020 | 2020-44800199 | |
| 31-12-2018 | abbreviated format | 05-08-2019 | 2019-43500549 | |
| 31-12-2017 | abbreviated format | 29-06-2018 | 2018-27900302 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Wouter RUTTEN |
|
How the board is organised
- Board ruleHow the board is made up, meets and takes decisions.
- “Benoemd met of zonder beperking van duur, bestuursorgaan”“Niet-statutaire bestuurders herroepbaar ad nutum bij besluit algemene vergadering, onbepaalde duur bij gebrek aan bepaling duurtijd”“Uitvoering opdracht in naam en voor rekening rechtspersoon, rechtspersoon aangewezen als bestuurder”“Vaste vertegenwoordiger kan niet in eigen naam noch als vaste vertegenwoordiger van andere rechtspersoon-bestuurder zetelen in…”
Articles of association, deed of 21-12-2023 (in Dutch)
Owners and capital
Owners
1 ownerChain of control
- Belse Heide
- SOLID BUILDING GEEL
Owners 1
- Belse Heideparent95%
Capital and shareholders
- 21-12-2023 Converted to unavailable equity · €55,000
Other provisions of the articles of association
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- Other provision: “Boeking inbreng na omvorming naar besloten vennootschap, beschikbare eigen vermogensrekening”Other provision: “Inbrengen zonder uitgifte van nieuwe aandelen, vermoed geboekt op beschikbare eigen vermogensrekening”Other provision: “Stortingsplicht, bestuursorgaan zelfstandig”Other provision: “Dagelijks bestuur alsook vertegenwoordiging wat dat bestuur aangaat, dagelijks bestuur”Other provision: “14, bijeenkomsten-beraadslaging bestuursorgaan”Other provision: “Elektronische vergadering bestuursorgaan en stemming per brief, verzonden aan vennootschap en moet ten laatste een werkdag voor vergadering…”Other provision: “Elektronische algemene vergadering, procedures desgevallend voor eenieder toegankelijk op website”Other provision: “Toegang tot de algemene vergadering, enkel stemrechten geschorst mag deelnemen zonder stemming”Other provision: “Beraadslagingen algemene vergadering, alleen beslissen over voorstellen in agenda behalve alle op te roepen personen aanwezig of…”Other provision: “Bestemming van de winst-Reserves, verminderd met overgedragen verlies of vermeerderd met overgedragen winst”Liquidation distribution: “Nog in natura voorhanden goederen op dezelfde wijze verdeeld, aanzuivering schulden,lasten,kosten vereffening of consignatie nodige sommen”Other provision: “Schriftelijke algemene vergadering, alle besluiten behorend tot bevoegdheid algemene vergadering”
Articles of association, deed of 21-12-2023 (in Dutch)
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
21-12
Gazette deed
Resignation: Wouter RUTTEN (manager)Appointment: Wouter RUTTEN (director) · Amendment of the articles · Capital conversion11 facts ▸
- General meeting, 23-11-2023
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “statutair onbeschikbare eigen vermogensrekening aangelegd bij toepassing van artikel 39,§2,derde lid wet 23-03-2019, opheffing” (deed in Dutch)
- Kind of shares, “vergoeding voor de inbrengen”, 100 (deed in Dutch)
- Other provision, “statutair onbeschikbare eigen vermogensrekening, beschikbaar” (deed in Dutch)
- Power of attorney (2 times)
- Director resignation, Wouter RUTTEN (manager)
- Director appointment, Wouter RUTTEN (director)
- Director discharge, Wouter RUTTEN
- Registered office clause, “2440 Geel, Belsehei 19, Zesde beslissing-Zetel van de vennootschap” (deed in Dutch)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
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 0665.599.548
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle studiën en verrichtingen met betrekking tot onroerende…”
12 activities
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle studiën en verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan-en verkoop,de bouw,de verbouwing,bouwen in opdracht,projectontwikkeling,de binnenshuisinrichting en decoratie,de huur en verhuur,de ruil,de verkaveling en,in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken,van onroerende bebouwde en onbebouwde goederen of onroerende zakelijke rechten
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen;alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals de aan-en verkoop,de huur en verhuur,de ruil;in het bijzonder de aankoop,de verkoop en ruiling,het beheer en de valorisatie van alle verhandelbare waardepapieren,aandelen,obligaties,staatsfondsen en van alle roerende goederen en rechten
- Het verwerven en aanhouden van participaties,in eender welke vorm,in alle bestaande of op te richten,industriële,commerciële,financiële,landbouw-of immobiliënvennootschappen of-ondernemingen;het stimuleren,de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen,waarin ze een participatie aanhoudt;het deelnemen aan hun beheer,bestuur,vereffening en toezicht alsmede het verlenen van technische,administratieve en financiële bijstand aan deze vennootschappen en ondernemingen
- Het verlenen van adviezen van financiële,commerciële of administratieve aard aan bedrijven,privé-personen en instellingen;in de ruimste zin,met uitzondering van adviezen inzake beleggingen en geldplaatsingen;bijstand en diensten verlenen,rechtstreeks of onrechtstreeks op het vlak van administratie en financiën,verkoop,productie en algemeen bestuur
- Het beheren van beleggingen en van participaties in dochtervennootschappen,het waarnemen van bestuurdersfuncties,het verlenen van advies,management en andere diensten aan of in overeenstemming met de activiteiten die de vennootschap zelf voert.Deze diensten kunnen worden geleverd krachtens contractuele of statutaire benoemingen en in de hoedanigheid van externe raadgever of orgaan van de cliënt
- 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 borg stellen of haar aval verlenen,in de meest ruime zin,alle handels-en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan kredietinstellingen
- Het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,knowhow en aanverwante immateriële duurzame activa
- Het verlenen van administratieve prestaties en computerservices
- De aan-en verkoop,in-en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,in 'kort tussenpersoon in de handel
- Het onderzoek,de ontwikkeling,de vervaardiging of commercialisering van nieuwe producten,nieuwe vormen van technologie en hun toepassingen
- Het plaatsen van gevelpanelen en scheidingswanden;het plaat-sen van elementen in beton en cementagglomeraten
- De levering en plaatsing van metaalkonstrukties;de engi-nee-ring en aanverwante werkzaamheden voor het verwe-zenlijken van industriële projecten
- 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 BUILDING GEEL
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Alle machten om op authentieke wijze statutenwijziging te doen vaststellen, Vlaams Gewest”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of May at 18:00
Articles of association, deed of 21-12-2023 (in Dutch)
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13008I1635/00T009 | Flanders | 1.7 ha | 1 · 230 m² | 9.4 m · 2 |
1 of these parcels carries protected heritage: expect extra rules on renovation or sale.