SOLID CAPITAL
ActiveSummary
SOLID CAPITAL has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.2m and a net result of €208,406. Equity is growing by about 8.7% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Equity
- €5.2m
- Profit
- €208,406
- Largest shareholder
- AB+plan · 27.5%
- Holdings
- 11
- AB+planManaging director · permanent representative Bellis, Laurent Antoine Jean Leopold
- Bellis, Laura Chris MarieDirector
- Bellis, Thomas Michel MonDirector
Why 85raises riskLiquidity: current ratio 1.28No main activity registeredlowers riskSize: total assets €10.1mEquity €5.2m (51.5% of total assets)Show the evidence
Checked score
About 3 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 (no NACE code, medium-sized): better than 37% on solvency, 84% on liquidity, 16% on profitability and 67% on growth.
The bankruptcy probability was computed on 24-10-2026 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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Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 25 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Weakest financial yearnet €208,406 ▼45.8%
- Equity above €5mequity €5.2m ▲4.2%
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result stays negative: a loss of €120,637 in 2025 against €103,723 in 2024; the loss grows and 2025 has the lowest result in the available series.
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.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 1,887 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 97.9% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
For this company itself Checked computes a bankruptcy probability of 0.3% 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 1,887 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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.05m | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Other operating charges640/8 | - | - | - | €0.01m | €0.005m | €0.006m | €0.009m | ▲ 40.4% |
| Gross operating margin9900 | -€0.03m | -€0.03m | -€0.03m | -€0.02m | -€0.03m | -€0.05m | -€0.07m | ▼ 26.8% |
| Operating profit (loss)9901 | -€0.09m | -€0.08m | -€0.08m | -€0.07m | -€0.08m | -€0.1m | -€0.1m | ▼ 16.3% |
| Financial income75/76B | - | - | - | €0.5m | €0.5m | €0.6m | €0.4m | ▼ 30.0% |
| Recurring financial income75 | €1.2m | €0.6m | €0.3m | €0.5m | €0.5m | €0.6m | €0.4m | ▼ 30.0% |
| Non-recurring financial income76B | - | - | - | €0.02m | - | - | - | - |
| Financial charges65/66B | - | - | - | €0.03m | €0.05m | €0.1m | €0.09m | ▼ 19.0% |
| Recurring financial charges65 | €0.05m | €0.07m | €0.05m | €0.03m | €0.05m | €0.1m | €0.09m | ▼ 19.0% |
| Profit (loss) for the period before taxes9903 | €1.1m | €0.5m | €0.2m | €0.4m | €0.4m | €0.4m | €0.2m | ▼ 45.8% |
| Profit (loss) for the period9904 | €1.1m | €0.5m | €0.2m | €0.4m | €0.4m | €0.4m | €0.2m | ▼ 45.8% |
| Profit (loss) for the period to be appropriated9905 | €1.1m | €0.5m | €0.2m | €0.4m | €0.4m | €0.4m | €0.2m | ▼ 45.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €6.1m | €6.6m | €6.7m | €6.9m | €8.7m | €8.6m | €10.1m | ▲ 16.6% |
| Fixed assets21/28 | €4.4m | €4.4m | €4.3m | €4.3m | €4.3m | €4.3m | €4.2m | ▼ 1.0% |
| Tangible fixed assets22/27 | €1.1m | €1.1m | €1.1m | €1.1m | €1.0m | €1.0m | €0.9m | ▼ 4.5% |
| Land and buildings22 | - | - | - | €1.0m | €1.0m | €0.9m | €0.9m | ▼ 4.4% |
| Plant, machinery and equipment23 | - | - | - | €0.04m | €0.04m | €0.04m | €0.04m | ▼ 4.6% |
| Furniture and vehicles24 | - | - | - | €0.008m | €0.007m | €0.006m | €0.005m | ▼ 16.1% |
| Financial fixed assets28 | €3.2m | €3.3m | €3.3m | €3.3m | €3.3m | €3.3m | €3.3m | = |
| Current assets29/58 | €1.8m | €2.3m | €2.3m | €2.5m | €4.4m | €4.3m | €5.8m | ▲ 34.1% |
| Amounts receivable after more than one year29 | - | - | - | - | €1.8m | €2.1m | €2.0m | ▼ 1.6% |
| Other amounts receivable291 | - | - | - | - | €1.8m | €2.1m | €2.0m | ▼ 1.6% |
| Stocks and contracts in progress3 | - | - | - | - | - | - | €0.6m | - |
| Stocks30/36 | - | - | - | - | - | - | €0.6m | - |
| Amounts receivable within one year40/41 | €1.6m | €2.0m | €2.3m | €2.5m | €2.5m | €2.0m | €2.9m | ▲ 44.1% |
| Trade receivables40 | - | - | - | €0.1m | €0.05m | - | - | - |
| Other amounts receivable41 | - | - | - | €2.4m | €2.4m | €2.0m | €2.9m | ▲ 44.1% |
| Current investments50/53 | - | - | - | - | €0.2m | €0.2m | €0.2m | = |
| Cash at bank and in hand54/58 | €0.1m | €0.2m | €0.008m | €0.05m | €0.002m | - | - | - |
| Deferred charges and accrued income490/1 | - | - | - | - | €0.002m | €0.05m | €0.1m | ▲ 100% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €6.1m | €6.6m | €6.7m | €6.9m | €8.7m | €8.6m | €10.1m | ▲ 16.6% |
| Equity10/15 | €3.0m | €3.6m | €3.8m | €4.2m | €4.6m | €5.0m | €5.2m | ▲ 4.2% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.09m | €0.09m | €0.09m | €0.09m | €0.09m | €0.09m | €0.09m | = |
| Non-distributable reserves130/1 | - | - | - | €0.09m | €0.09m | €0.09m | €0.09m | = |
| Legal reserve130 | - | - | - | €0.09m | €0.09m | €0.09m | €0.09m | = |
| Profit (loss) carried forward14 | €2.9m | €3.4m | €3.6m | €4.1m | €4.4m | €4.8m | €5.0m | ▲ 4.3% |
| Amounts payable17/49 | €3.1m | €3.1m | €2.9m | €2.7m | €4.1m | €3.6m | €4.9m | ▲ 33.6% |
| Amounts payable after more than one year17 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Financial debts170/4 | - | - | - | - | €0.4m | €0.4m | €0.4m | = |
| Other amounts payable178/9 | - | - | - | €0.4m | - | - | - | - |
| Amounts payable within one year42/48 | €2.8m | €2.7m | €2.5m | €2.3m | €3.8m | €3.3m | €4.5m | ▲ 37.6% |
| Financial debts43 | - | - | - | €1.1m | €1.1m | €1.0m | €0.9m | ▼ 7.6% |
| Credit institutions430/8 | - | - | - | €1.1m | €1.1m | €1.0m | €0.9m | ▼ 7.6% |
| Trade debts44 | €0.001m | €454 | - | €0.005m | €0.01m | €0.01m | €0.6m | ▲ 41× |
| Suppliers440/4 | - | - | - | €0.005m | €0.01m | €0.01m | €0.6m | ▲ 41× |
| Other amounts payable47/48 | - | - | - | €1.2m | €2.7m | €2.3m | €3.0m | ▲ 32.8% |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | €0.002m | €0.01m | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.1m | €0.5m | €0.2m | €0.4m | €0.4m | €0.4m | €0.2m | ▼ 45.8% |
| + Depreciation and write-downs630 | €0.05m | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Operating cash flow (approximation) | €1.2m | €0.6m | €0.3m | €0.5m | €0.4m | €0.4m | €0.3m | ▼ 41.1% |
| Investment in fixed assets (approximation) | - | -€0.04m | -€0.02m | -€0.06m | €0.03m | -€0.06m | €0 | - |
| Change in cash | - | €0.09m | -€0.2m | €0.04m | -€0.05m | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | abbreviated format | 30-04-2026 | 2026-00102433 |
| 30-09-2024 | abbreviated format | 24-04-2025 | 2025-00074954 |
| 30-09-2023 | abbreviated format | 30-04-2024 | 2024-00080168 |
| 30-09-2022 | abbreviated format | 29-03-2023 | 2023-00049493 |
| 30-09-2021 | abbreviated format | 31-03-2022 | 2022-10000023 |
| 30-09-2020 | abbreviated format | 26-02-2021 | 2021-06100551 |
| 30-09-2019 | abbreviated format | 16-03-2020 | 2020-06600586 |
| 30-09-2018 | abbreviated format | 28-02-2019 | 2019-06400424 |
| 30-09-2017 | abbreviated format | 09-04-2018 | 2018-09300058 |
| 30-09-2016 | abbreviated format | 16-02-2017 | 2017-04600339 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 3
Day-to-day management 1
Permanent representatives 1
Statutory auditor 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| AB+plan |
|
| Bellis, Laura Chris Marie |
|
| Bellis, Thomas Michel Mon |
|
| De Roover & Partners Bedrijfsrevisoren |
|
Owners and capital
Owners
1 ownerOwners 1
-
27.5%
According to the annual accounts to 30-09-2024 of SOLID CAPITAL and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- 02-02-2024 Capital stated in the deed · €61,500
Group and network
Holdings and subsidiaries
11 holdingsHoldings 11
-
100%
-
100%
-
100%
- SCHELDINVESTsubsidiarySourceact 18-02-2026100%
- Solid beheer & ontwikkelingsubsidiarySourceact 27-11-2025100%
-
100%
- VAN DEN BROECK FREDDIEsubsidiarySourceact 16-07-2026100%
-
99.67%
- Solid-PropertysubsidiaryEquity €3.7mResult €814,24899.6%
-
50%
Show 1 more holdings
-
50%
According to the annual accounts to 30-09-2024 of SOLID CAPITAL and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
1 connected companyThe connected companies are in the list below.
Board mandates elsewhere
1 board mandateHistory
Acts, filings and financial milestones
02-02
Gazette deed
Reappointments: AB+plan, Bellis, Laura Chris Marie and 2 othersPermanent representative: Bellis, Laurent Antoine Jean Leopold · Kind of shares · Amendment of the articles11 facts ▸
- General meeting, 11-12-2023
- Other provision, “Solid Capital” (deed in Dutch)
- Director reappointment, AB+plan (director)
- Director reappointment, Bellis, Laura Chris Marie (director)
- Director reappointment, Bellis, Thomas Michel Mon (director)
- Permanent representative, Bellis, Laurent Antoine Jean Leopold
- Director reappointment, AB+plan (managing director)
- Auditor reappointment, De Roover & Partners Bedrijfsrevisoren (statutory auditor)
- Kind of shares, “aandelen op naam” (deed in Dutch)
- Amendment of the articles
- Capital, €61,500
About the unread acts
Of the 11 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 10 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 24 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11809I2139/00A003 | Flanders | 559 m² | 1 · 137 m² | 13.2 m · 4 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “1. het verwerven, door inschrijving of aankoop en het beheren van aandelen, obligaties, kasbons of andere roerende waarden, van welke vorm…” (deed in Dutch)
8 activities (deed in Dutch)
- 1. 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 vennootschappen;
- 2. het bevorderen van de oprichting van vennootschappen door inbreng, participatie of investering;
- 3. het toestaan van leningen en kredietopeningen aan vennootschappen 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 welke wettelijk voorbehouden zijn aan depositobanken, houders van deposito's op korte termijn, spaarkassen, hypotheekmaatschappijen, kapitalisatie-ondernemingen, ondernemingen voor vermogensbeheer en beleggingsadvies;
- 4. het optreden als tussenpersoon bij onderhandelingen door gehele of gedeeltelijke overname van aandelen; in de meest ruime betekenis, het deelnemen aan emissieverrichtingen van aandelen en vastrentende waarden door intekening, waarborgplaatsing, verhandeling of anderszins, alsmede het verwezenlijken van om het even welke verrichtingen inzake portefeuille- of kapitaalbestuur;
- 5. het waarnemen van alle bestuursopdrachten, het uitoefenen van mandaten en functies in andere vennootschappen of ondernemingen;
- 6. het verhuren of huren, aan- en verkoop van onroerende goederen; alsmede alle activiteiten die betrekking hebben op onroerende leasing;
- 7. het ontwikkelen, kopen, verkopen, in licentie nemen of geven van octrooien, knowhow en aanverwante immateriële duurzame activa.
- 8. Alle hoe genaamde bedrijvigheid betrekking hebbend op onroerende goederen, gebouwd of ongebouwd, en alle hoe genaamde handelingen betreffende onroerende rechten, dit alles zo voor eigen noodwendigheid of rekening als met het oog op vervreemding of voor rekening van derden of in samenwerking met derden. De vennootschap mag aldus, en zonder dat deze opsomming beperkend kan zijn, alle onroerende goederen, gebouwen en gronden aankopen, verkopen, ruilen, huren en verhuren, verkavelen, uitbaten, in waarde brengen, beheren, toezicht uitoefenen.
- 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 CAPITAL
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, eenvoudige beslissing bestuursorgaan” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “5. Externe vertegenwoordiging. De raad van bestuur vertegenwoordigt als college de vennootschap in alle handelingen in en buiten rechte. Hij…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Raad van bestuur, bij daling onder wettelijk minimum blijft bestuurder wiens mandaat eindigde in functie tot algemene vergadering in…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Saturday of January at 18:00