SOLID CONSTRUCT

Inactive KBO/BCE: BE 0877.144.274

SOLID CONSTRUCT

Follow Report

Overview

Lifetime

14 annual accounts with figures on one time axis

peak €304,935 (2020)

€304,935▲ 153%

lowest -€43,374 (2019)

€39,636▲ €83,011

peak €601,539 (2018)

€529,801▲ 8.1%

€3.9m▼ 6.6%

peak 1 FTE (2016)

-not published

Documentsfilings and deeds

18-11-2020102 days before the deadline

2020micro format

Gross margin from €120,378 to €304,935Back to profit: €39,636Cash from €277,547 to €29,081

Key points

from the 2020 annual accounts, the last ones filed

Result

€39,636 €39,636

Back in profit in 2020, after a loss of €43,374 in 2019.

Debts

€3.9m 88% of the balance sheet

After one year 95%Within one year 5%

Of this, €215,429 falls due within a year.

Filings

14 annual accounts since 2007

The 2013 accounts came 4 days late. The other nine of the last ten were filed on time.

No score

Recent changes

13-07-2021

Deed on restructuring and the end Gazette deed

31-03-2021

Demerger proposal: Solid Construct splits off to Green Avenue Estates Permanent representative: Dieter Vandewege · Founding capital of €213,114.06, 250 shares · Founding capital of €36,885.94, 250 shares · Gazette deed

18-11-2005

Incorporation 8 publications in the Belgian Official Gazette, the last on 13-07-2021 · Gazette deed

All 26 events

Official details

Source: KBO

Status: Inactivedeed of incorporation of 18-11-2005 · last publication under the heading End on 13-07-2021
Activity: “Het aanleggen,het oordeelkundig beheer en het uitbreiden van een roerend en onroerend vermogen.” (deed in Dutch)From the articles, 11 activitiesNo NACE code in the KBO yet
Financial year end: 31 July
Peppol: Not found in the Peppol Directory

Company details

Annual accounts to 31-07-2020

: €304,935▲ 153%
: ≈ €610,000estimated
: €39,636
: €529,801▲ 8.1%
: €4.5m▼ 5.0%
Filing: Filed on 18-11-2020

Financials

Insights on SOLID CONSTRUCT

Inactive. The last annual accounts are for financial year 2020.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2020

micro format, filed on 18-11-2020, 102 days before the deadline

€304,935

▲ 153%

€87,113

▲ 569%

€39,636

▲ €83,011

-€168,257

▲ €227,552

11.9%

▲ 1.4 percentage points

0.22

▼ 0.22

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 ≈ €610,000. Estimated: probably between €430,000 and €890,000.

Balance sheet

balance sheet total €4.5m on 31-07-2020

What the company ownsHow it is paid for

in euro

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
`20/58`	4.5m	4.7m	2.4m	869,232	1.7m	2.1m	2.4m	1.7m	1.6m	1.2m	580,514	565,749	705,075	404,810
`21/28`	4.4m	4.4m	2.2m	285,134	287,954	288,400	296,845	66,982	69,076	71,171	-	-	13,735	-
`22/27`	4.4m	4.4m	2.2m	285,134	287,904	288,350	296,845	66,982	69,076	71,171	-	-	13,735	-
`22`	4.4m	4.4m	2.2m	285,134	287,904	288,350	296,845	66,982	69,076	71,171	-	-	-	-
`24`	1,536	-	-	-	-	-	-	-	-	-	-	-	13,735	-
`28`	-	-	-	-	50	50	-	-	-	-	-	-	-	-
`29/58`	47,172	315,018	283,992	584,099	1.4m	1.8m	2.1m	1.6m	1.5m	1.1m	580,514	565,749	691,340	404,810
`29`	-	-	-	500,000	888,861	900,000	900,000	900,000	1.0m	958,000	-	-	-	-
`291`	-	-	-	500,000	888,861	900,000	900,000	900,000	1.0m	958,000	-	-	-	-
`3`	-	-	-	-	325,150	-	441,484	238,359	238,359	-	73,266	73,266	251,519	101,189
`30/36`	-	-	-	-	325,150	-	441,484	238,359	238,359	-	73,266	73,266	251,519	101,189
`40/41`	18,090	37,471	225,631	15,158	165,890	136,884	679,598	431,060	218,630	61,545	274,673	107,055	80,101	51,331
`40`	17,424	6,931	225,031	8,397	81,548	126,104	676,495	396,337	210,228	39,325	861	40,035	9,395	46,286
`41`	666	30,540	599	6,761	84,342	10,780	3,103	34,723	8,402	22,220	273,812	67,020	70,705	5,044
`54/58`	29,081	277,547	58,362	68,940	20,692	768,022	73,097	12,081	24,894	72,389	231,132	385,428	359,721	252,290
`490/1`	-	-	-	-	-	332	9,274	14,076	-	-	1,444	-	-	-
Balance sheet: equity and liabilities
`10/49`	4.5m	4.7m	2.4m	869,232	1.7m	2.1m	2.4m	1.7m	1.6m	1.2m	580,514	565,749	705,075	404,810
`10/15`	529,801	490,165	601,539	373,833	373,587	392,032	388,799	385,998	381,328	366,560	359,413	358,174	311,664	262,823
`10/11`	250,000	250,000	250,000	250,000	250,000	250,000	250,000	250,000	250,000	250,000	250,000	250,000	250,000	250,000
`100`	250,000	250,000	250,000	250,000	250,000	250,000	250,000	250,000	250,000	250,000	250,000	250,000	250,000	250,000
`12`	120,000	120,000	188,000	-	-	-	-	-	-	-	-	-	-	-
`13`	142,032	142,032	142,032	142,032	142,032	142,032	138,799	135,998	25,000	25,000	25,000	25,000	25,000	10,000
`130`	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	10,000
`133`	117,032	117,032	117,032	117,032	117,032	117,032	113,799	110,998	-	-	-	-	-	-
`14`	17,769	-21,868	21,507	-18,200	-18,446	-	-	-	106,328	91,560	84,413	83,174	36,664	2,823
`16`	-	-	-	-	-	-	-	-	-	20,000	20,000	20,000	-	-
`160/5`	-	-	-	-	-	-	-	-	-	20,000	20,000	20,000	-	-
`17/49`	3.9m	4.2m	1.8m	495,400	1.3m	1.7m	2.0m	1.3m	1.2m	776,545	201,101	187,575	393,411	141,987
`17`	3.7m	3.5m	1.7m	441,577	707,964	1.5m	1.5m	761,777	1.1m	614,359	-	-	-	-
`170/4`	3.4m	3.5m	1.7m	441,577	707,964	1.5m	1.5m	761,777	1.1m	614,359	-	-	-	-
`178/9`	250,000	-	-	-	-	-	-	-	-	-	-	-	-	-
`42/48`	215,429	710,827	140,518	53,823	606,996	211,111	521,004	514,783	104,273	162,186	201,101	187,575	373,411	141,987
`42`	184,926	189,874	77,269	-	-	-	-	-	-	-	-	-	-	-
`43`	-	-	-	-	-	-	-	379,478	-	100,000	200,000	-	-	-
`430/8`	-	-	-	-	-	-	-	-	-	100,000	200,000	-	-	-
`439`	-	-	-	-	-	-	-	379,478	-	-	-	-	-	-
`44`	13,806	12,498	2,311	23,823	65,293	211,111	517,018	135,305	104,273	62,186	1,101	168,614	340,675	9,595
`440/4`	13,806	12,498	2,311	23,823	65,293	211,111	517,018	135,305	104,273	62,186	1,101	168,614	340,675	9,595
`46`	-	9,000	-	-	-	-	-	-	-	-	-	-	13,737	132,391
`45`	16,697	-	-	-	1,703	-	-	-	-	-	-	18,961	18,961	-
`450/3`	16,697	-	-	-	-	-	-	-	-	-	-	18,961	18,961	-
`454/9`	-	-	-	-	1,703	-	-	-	-	-	-	-	-	-
`47/48`	-	499,456	60,938	30,000	540,000	-	3,986	-	-	-	-	-	39	-
`492/3`	24,605	-	-	-	-	-	-	-	-	-	-	-	20,000	-
Income statement
`76A`	775	34,161	-	-	-	-	-	-	-	-	-	-	-	-
`9900`	304,935	120,378	215,059	60,650	200,727	72,666	-9,190	787	2,723	2,532	-64	86,288	59,272	27,987
`62`	-	-	-	20,127	42,801	12,714	-	-	-	-	-	-	10,226	-
`630`	153,083	91,980	65,833	9,390	11,268	8,495	8,495	2,095	2,095	17,480	-	-	3,434	-
`631/4`	-	-	-	-	-	6,242	-	-	-	-	-	-	-	-
`635/8`	-	-	-	-	-	-	-	-	-20,000	-	-	20,000	-	-
`640/8`	53,573	15,372	8,598	4,663	4,938	1,267	2,156	992	1,125	-	245	183	292	7,087
`66A`	11,166	-	-	-	-	-	-	-	-	-	1,176	6,925	-	-
`9901`	87,113	13,026	140,628	26,470	141,719	43,948	-19,842	-2,299	19,504	-14,948	-309	66,105	45,320	20,900
`75/76B`	835	-	5,000	62,987	64,566	91,863	151,472	30,494	66,036	59,516	3,508	9,201	38,873	362
`75`	835	-	5,000	62,987	64,566	91,863	151,472	30,494	66,036	59,516	3,508	9,201	38,873	362
`65/66B`	48,312	56,400	105,922	89,211	224,731	132,567	128,832	23,541	70,753	37,421	721	5,380	15,516	8,386
`65`	48,312	56,400	105,922	89,211	224,731	132,567	128,832	23,541	70,753	37,421	721	5,380	15,516	8,386
`9903`	39,636	-43,374	39,706	246	-18,446	3,244	2,799	4,655	14,786	7,147	1,302	63,001	68,677	12,876
`67/77`	-	-	-	-	-	11	-3	-16	19	-	63	16,491	19,837	53
`9904`	39,636	-43,374	39,706	246	-18,446	3,233	2,801	4,671	14,767	7,147	1,239	46,510	48,841	12,823
`9905`	39,636	-43,374	39,706	246	-18,446	3,233	2,801	4,671	14,767	7,147	1,239	46,510	48,841	12,823
Appropriation of the result
`9906`	17,769	-21,868	21,507	-18,200	-18,446	3,233	2,801	110,998	106,328	91,560	84,413	83,174	51,664	12,823
`691/2`	-	-	-	-	-	3,233	2,801	110,998	-	-	-	-	15,000	10,000
`6920`	-	-	-	-	-	-	-	-	-	-	-	-	15,000	10,000
`6921`	-	-	-	-	-	3,233	2,801	110,998	-	-	-	-	-	-
Social balance sheet
`9087`	-	-	-	0.5	1	0.3	-	-	-	-	-	-	0.1	-
Hours worked`1013`	-	-	-	857	1,714	637	-	-	-	-	-	-	296	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Source: Annual accounts 2020 (PDF), filed on 18-11-2020.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-07-2020	micro format	18-11-2020	2020-71700552	PDF
31-07-2019	micro format	26-02-2020	2020-05700464	PDF
31-07-2018	micro format	26-02-2019	2019-06100081	PDF
31-07-2017	micro format	28-02-2018	2018-05800521	PDF
31-07-2016	abbreviated format	23-02-2017	2017-05100503	PDF
31-07-2015	abbreviated format	22-02-2016	2016-05000506	PDF
31-07-2014	abbreviated format	30-01-2015	2015-03200348	PDF
31-07-2013	abbreviated format	04-03-2014	2014-05800459	PDF
31-07-2012	abbreviated format	27-02-2013	2013-05200255	PDF
31-07-2011	abbreviated format	29-02-2012	2012-04800209	PDF
31-07-2010	abbreviated format	25-02-2011	2011-04300164	PDF
31-07-2009	abbreviated format	26-02-2010	2010-05300082	PDF
31-07-2008	abbreviated format	17-03-2009	2009-07500252	PDF
31-07-2007	abbreviated format	26-02-2008	2008-05100177	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
240,196	105,005	206,461	35,860	152,988	52,443	-11,346	-204	21,598	2,532	-	-	48,754	-
192,719	48,605	105,539	9,636	-7,177	11,729	11,296	6,765	16,862	24,627	-	-	52,275	-
196,252	2.6m	1.8m	6,619	10,823	50	238,359	0	0	88,652	-	-	17,169	-
-248,466	219,186	-10,579	48,249	-747,330	694,925	61,016	-12,813	-47,495	-158,743	-154,297	25,708	107,430	-
-168,257	-395,809	143,475	530,276	793,596	1.6m	1.6m	1.1m	1.4m	929,748	379,413	378,174	317,929	262,823
11.9%	10.5%	24.6%	43.0%	22.1%	18.7%	16.2%	23.2%	24.6%	31.5%	61.9%	63.3%	44.2%	64.9%
0.22	0.44	2.02	10.85	2.31	8.55	4.04	3.10	14.21	6.73	2.89	3.02	1.85	2.85
0.22	0.44	2.02	10.85	1.77	8.55	3.19	2.64	11.93	6.73	2.52	2.63	1.18	2.14
7.40	8.56	3.06	1.33	3.52	4.34	5.17	3.31	3.07	2.12	0.56	0.52	1.26	0.54
7.5%	-8.8%	6.6%	0.1%	-4.9%	0.8%	0.7%	1.2%	3.9%	1.9%	0.3%	13.0%	15.7%	4.9%
0.9%	-0.9%	1.6%	0.0%	-1.1%	0.2%	0.1%	0.3%	1.0%	0.6%	0.2%	8.2%	6.9%	3.2%

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.

Insights on SOLID CONSTRUCT

The operating result for 2020 is 6.7 times that of 2019. It is a recovery after the fall in 2019.

Debt's share of the balance-sheet total falls from 89.5% to 88.1%. Equity is higher and debt is lower.

Board & ownership

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Capital: €250,000
Shares: 250
Contribution per share: €1,000
Equity per share: €2,119 in 2020
Source: deed of 31-03-2021

Office holders in the KBO →

Network & group

No group

SOLID CONSTRUCT has no parent and no holdings in its annual accounts.

Earlier ties

L4A

via VANDECASTEELE Hans, permanent representative of SOLID CONSTRUCT · Director (not named in the articles) · deed of 18-06-2020

founded in 2020

total assets €75,763 (2025)

Acquisitions and mergers

2 transactions

Split off to:CROSS ROAD ESTATES

BE 0770.678.559Gazette deed of 06-07-2021 (2 deeds)

Split off to:GREEN AVENUE ESTATES

BE 0770.678.361Gazette deed of 06-07-2021 (2 deeds)

Connections & network

Depth

The network starts from the earlier ties.

This company Company Director Shareholding +N: links not shown yet

Timeline

26 events since 2005

Capital

Filings

Financial

End

20062008201020122014201620182020202220242026

2021

13-07-2021

Deed on restructuring and the end PDF

31-03-2021

Demerger proposal: Solid Construct splits off to Green Avenue EstatesPermanent representative: Dieter Vandewege · Founding capital of €213,114.06, 250 shares · Founding capital of €36,885.94, 250 shares10 points ▸

Capital, €250,000, 250 shares
Board composition, David Holvoet (managing director)
Board composition, Kristien Loontjens (director)
Founding capital, €213,114.06, 250 shares
Board composition, Gebr.Holvoet Ghv. (director)
Permanent representative, Dieter Vandewege
Registered office clause, Pathoekeweg 130/1, 8000 Brugge
Founding capital, €36,885.94, 250 shares
Board composition, David Holvoet (director)
Accounting effect, 01-08-2020, mentioned twice in the deed
The deed holds 17 more points.

Open the deed in the Belgian Official Gazette

2020

18-11-2020

Annual accounts 2020 filed PDFmicro format · 102 days before the deadline

31-07-2020

Back to profit net €39,636 The net result is €39,636, after one loss-making year.

26-02-2020

Annual accounts 2019 filed PDFmicro format · 3 days before the deadline

2019

31-07-2019

Weakest financial year net -€43,374 The net result drops to -€43,374, the lowest from 2007 to 2020.

26-02-2019

Annual accounts 2018 filed PDFmicro format · 2 days before the deadline

2018

31-07-2018

Equity above €500,000 equity €601,539 ▲60.9% After 2 profitable years in a row, equity reaches €601,539.

28-02-2018

Annual accounts 2017 filed PDFmicro format · on the deadline day

2017

31-07-2017

Back to profit net €246 The net result is €246, after one loss-making year.

31-07-2017

Liquidity more than quadruples current ratio 10.85 The current ratio rises from 2.31 to 10.85. Short-term debt falls from €606,996 to €53,823.

23-02-2017

Annual accounts 2016 filed PDFabbreviated format · 5 days before the deadline

2016

22-02-2016

Annual accounts 2015 filed PDFabbreviated format · 7 days before the deadline

2015

31-07-2015

Liquidity more than doubled current ratio 8.55 The current ratio rises from 4.04 to 8.55. Short-term debt falls from €521,004 to €211,111.

30-01-2015

Annual accounts 2014 filed PDFabbreviated format · 29 days before the deadline

2014

04-03-2014

Annual accounts 2013 filed PDFabbreviated format · 4 days late

2013

27-02-2013

Annual accounts 2012 filed PDFabbreviated format · 1 day before the deadline

2012

31-07-2012

Liquidity more than doubled current ratio 14.21 The current ratio rises from 6.73 to 14.21. Short-term debt falls from €162,186 to €104,273.

29-02-2012

Annual accounts 2011 filed PDFabbreviated format · on the deadline day

2011

31-07-2011

Liquidity more than doubled current ratio 6.73 The current ratio rises from 2.89 to 6.73. Short-term debt falls from €201,101 to €162,186.

25-02-2011

Annual accounts 2010 filed PDFabbreviated format · 3 days before the deadline

2010

26-02-2010

Annual accounts 2009 filed PDFabbreviated format · 2 days before the deadline

2009

17-03-2009

Annual accounts 2008 filed PDFabbreviated format · 17 days late

2008

31-07-2008

Highest result from 2007 to 2020 net €48,841 ▲281% The net result of €48,841 is the highest of those years.

26-02-2008

Annual accounts 2007 filed PDFabbreviated format · 3 days before the deadline

2005

18-11-2005

Incorporation PDF8 publications in the Belgian Official Gazette, the last on 13-07-2021

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

Company details

Purpose according to the articles of association

Purpose: “Het aanleggen,het oordeelkundig beheer en het uitbreiden van een roerend en onroerend vermogen; Alle studiën en operaties met betrekking tot…”
11 activities
Het aanleggen,het oordeelkundig beheer en het uitbreiden van een roerend en onroerend vermogen.
Alle studiën en operaties met betrekking tot alle onroerende goederen en rechten en tot alle roerende goederen en rechten welke daaruit voortvloeien,zoals de aankoop,de bouw,de verbouwing,de aanpassing,de huur en de onderhuur,de ruiling,de verkoop en,in het algemeen,alle operaties die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken,voor zichzelf of voor anderen van alle bebouwde of onbebouwde onroerende eigendommen.
De aankoop,verkoop en ruiling,het beheer en de valorisatie van alle verhandelbare waardepapieren,aandelen,obligaties,staatsfondsen en van alle roerende goederen en rechten.
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 en toezicht alsmede het verlenen van technische,administratieve en financiële hij stand aan deze vennootschappen en ondernemingen.
Het beleggen,het intekenen op,vast overnemen,plaatsen,kopen,verkopen en verhandelen van aandelen,deeibewijzen,obligaties,warrants,certificaten,schuldvordering,gelden en andere roerende waarden,uitgegeven door Belgische of buitenlandse ondernemingen al dan niet onder de vorm van handelsvennootschappen,administratiekantoren,instellingen en verenigingen al dan niet met een (semi-)publiekrechterlijk statuut.
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 verstrekken van leningen en voorschotten onder eender welke vorm of duur,aan alle verbonden ondernemingen of ondernemingen waarin ze een participatie bezit,alsmede het waarborgen van alle verbintenissen van zelfde ondernemingen.
De vennootschap mag alle roerende of onroerende goederen,materialen en benodigdheden,verwerven,huren of verhuren,vervaardigen,overdragen of ruilen,en in het algemeen,alle commerciële,industriële of financiële handelingen verrichten,die rechtstreeks of onrechtstreeks in verband staan met haar maatschappelijk doel,met inbegrip van de onderaanneming in het algemeen,en de uitbating van alle intellectuele rechten en industriële of commerciële eigendommen die er betrekking op hebben.Zij mag alle roerende of onroerende goederen als investering verwerven,zelfs als deze noch rechtstreeks noch onrechtstreeks verband houden met het maatschappelijk doel van de vennootschap.
De vennootschap mag het bestuur en de vereffening waarnemen in alle verbonden vennootschappen,met dewelke een of andere band van deelneming bestaat en mag alle leningen,van gelijk welke vorm en voor gelijk welke duur,aan deze laatsten toestaan of borgstellingen verstrekken voor deze vennootschappen.Zij mag bij wijze van inbreng in speciën of in natura,van fusie,inschrijving,deelneming,financiële tussenkomst.of op een andere wijze,een aandeel nemen in alle bestaande of op te richten vennootschappen of bedrijven,in België of het buitenland,waarvan het maatschappelijk doel identiek,gelijkaardig of verwant is met het hare,of van aard is de uitoefening van haar maatschappelijk doel te bevorderen.Deze lijst is exemplatief en niet beperkend.
Daartoe kan de vennootschap samenwerken met,deelnemen in,of op gelijk welke wijze rechtstreeks of onrechtstreeks,belangen nemen in andere ondernemingen.De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen,onder meer door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak.
In het algemeen mag zij alle verrichtingen uitvoeren die nodig zijn of dienstig zijn voor de verwezenlijking van haar maatschappelijk doel en dit zowel in België als in het buitenland.

Articles of association, deed of 31-03-2021 (in Dutch)

Inactive

SOLID CONSTRUCT is no longer in the KBO register.

Last annual accounts: financial year to 31 July 2020
Last registered office: Ghistelstraat 5, 8870 Izegemas published on 13 July 2021
Legal form: Public limited company
First annual accounts: financial year 2007

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