SOLID CONSTRUCTIONS
ActiveSOLID CONSTRUCTIONS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €150k and a net result of €-808. Equity is shrinking by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 37% of 1289 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
63
/ 100
Healthy▼ -18 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-29
Solvency76▲+4
Growth32=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.01 against 1.96 in 2024), but 65.9% 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 risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
147 d early
2023
27 d early
2022
13 d early
2021
90 d early
2020
31 d early
2019
21 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
11-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€150k▼ 0.5%
2024 · €151k
2018: €264k
2019: €321k
2020: €316k
2021: €317k
2022: €321k
2023: €253k
2024: €151k
2018 → 2025
Total assets
€439k▼ 5.4%
2024 · €464k
2018: €344k
2019: €413k
2020: €528k
2021: €508k
2022: €482k
2023: €470k
2024: €464k
2018 → 2025
Net result
€-808
2024 · €9k
2018: €111k
2019: €57k
2020: €-5k
2021: €2k
2022: €3k
2023: €-9k
2024: €9k
2018 → 2025
Working capital
€110k▼ 3.3%
2024 · €114k
2018: €150k
2019: €186k
2020: €121k
2021: €143k
2022: €111k
2023: €68k
2024: €114k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€317k-€321k▲ 1.0%€253k▼ 21.1%€151k▼ 40.5%€150k▼ 0.5%
Operating result€6k-€9k▲ 38.3%€-646€20k€5k▼ 73.2%
Net result€2k-€3k▲ 91.4%€-9k€9k€-808
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 73% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €439k
Fixed assets
€220k▼ 4.9%
Current assets
€219k▼ 5.8%
Equity and liabilities €439k
Equity
€150k▼ 0.5%
Debt
€289k▼ 7.7%
The debt ratio falls from 67.5% to 65.9%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€40k▼
2024 · €51k
Cash flow
€33k▼
2024 · €39k
Solvency
34.1%▲
2024 · 32.5%
Current ratio
2.01▲
2024 · 1.96
Quick ratio
2.01▲
2024 · 1.96
Debt / equity
1.93▼
2024 · 2.08
ROE
-0.5%▼
2024 · 5.8%
ROA
-0.2%▼
2024 · 1.9%
Interest coverage
5.32▲
2024 · 4.33
Debt
€289k▼
2024 · €313k
Debt ≤ 1 year
€109k▼
2024 · €119k
Debt > 1 year
€174k▼
2024 · €184k
Income taxes
€132▼
2024 · €1k
Staff costs
€15k▼
2024 · €16k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€464k€439k▼
Fixed assets21/28€231k€220k▼
Tangible fixed assets22/27€231k€220k▼
Land and buildings22€25k€25k=
Plant, machinery and equipment23€18k€23k▲
Furniture and vehicles24€31k€27k▼
Leasing and similar rights25€51k€0▼
Other tangible fixed assets26€106k€145k▲
Current assets29/58€233k€219k▼
Amounts receivable after more than one year29€13k€7k▼
Other amounts receivable291€13k€7k▼
Amounts receivable within one year40/41€49k€41k▼
Trade receivables40€25k€27k▲
Other amounts receivable41€24k€14k▼
Current investments50/53-€76k
Cash at bank and in hand54/58€164k€91k▼
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€464k€439k▼
Equity10/15€151k€150k▼
Contributions10/11€12k€12k=
Reserves13€138k€137k▼
Distributable reserves133€138k€137k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€313k€289k▼
Amounts payable after more than one year17€184k€174k▼
Financial debts170/4€184k€174k▼
Amounts payable within one year42/48€119k€109k▼
Current portion of amounts payable after more than one year42€10k€10k▲
Financial debts43€15k€0▼
Credit institutions430/8€15k€0▼
Trade debts44€16k€2k▼
Suppliers440/4€16k€2k▼
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€3k€2k▼
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€72k€92k▲
Accrued charges and deferred income492/3€10k€6k▼
Income statement
Code20242025
Remuneration, social security and pensions62€16k€15k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€34k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€68k€57k▼
Operating profit (loss)9901€20k€5k▼
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€12k€7k▼
Recurring financial charges65€12k€7k▼
Profit (loss) for the period before taxes9903€10k€-676▼
Income taxes67/77€1k€132▼
Profit (loss) for the period9904€9k€-808▼
Profit (loss) for the period to be appropriated9905€9k€-808▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€-808▼
Transfer from equity791/2€111k€808▼
Transfer to equity691/2€9k€0▼
To other reserves6921€9k€0▼
Profit to be distributed694/7€111k€0▼
Return on contributions (dividend)694€111k€0▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
06-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-9k ▼356%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Ardooie · 1 establishment unit since 2012
Ground area
4,631 m²
Building footprint
176 m²
Volume, LiDAR
892 m³
Parcel 36001E1685/00H000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SOLID CONSTRUCTIONS
since 20122.207.483.141
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36001E1685/00H000 | Flanders | 4,631 m² | 1 · 176 m² | 10.0 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.
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Of 1,221 companies in sector 33200 we hold annual accounts for 675. 531 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-2011
Fiscal year end31-12
Activities, NACEBEL
33200Installation of industrial machinery and equipment
33120Repair and maintenance of machinery
43350Other building finishing work
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.