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SOLID CRAFTS

Absorbed by SOLID KBO/BCE: BE 0578.982.904 subsidiary of Solid
SOLID CRAFTS
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Overview

Lifetime

5 annual accounts with figures on one time axis
peak €133,165 (2017)
€121,339▲ 5.0%
lowest -€138,441 (2019)
-€138,441▼ €103,480
peak €83,743 (2017)
-€89,659▼ €138,441
€1.1m▲ 49.2%
peak 4.3 FTE (2019)
4.3 FTE▲ 13.2%
Documentsfilings and deeds
26-10-202087 days late
2019micro format
Loss of €138,441Staff from 3.8 FTE to 4.3 FTEEquity from €48,782 to -€89,659Debts from €735,925 to €1.1mInvestments €34,054Cash from €17,138 to €40,104

Key points

from the 2019 annual accounts, the last ones filed

Equity

-€89,659 from €83,743 in 2017

Equity fell below zero in 2019.

Debts

€1.1m 109% of the balance sheet
After one year 42%Within one year 58%

Of this, €636,624 falls due within a year.

Filings

5 annual accounts 3 late
AprilJune31 JulyOctober20162018

The 2019 accounts came latest: 87 days after the end of the period.

Net result -296%: absorbed

Board and ownership

  • 100%score equity €691,154 (2025) · deed of 20-08-2020
Board & ownership

Recent changes

Merger: absorbed by SOLID Dissolution of the company · Dissolved without liquidation · SOLID holds all the shares · General meeting of 24-06-2020 · Gazette deed
Merger proposal: to be absorbed by SOLID is a shareholder · is a shareholder · is a shareholder · Board meeting of 09-04-2020 · Gazette deed
Company renamed from BOMBYX to SOLID CRAFTS Registered office moved from De Haan to Ghent · Capital from €42,400 to €70,700, 283 new shares · Capital from €70,700 to €142,400 · Gazette deed
Incorporation 4 publications in the Belgian Official Gazette, the last on 20-08-2020 · Gazette deed
All 10 events

Official details

Source: KBO
Status
Absorbed by SOLIDmerger by absorption, August 2020
Activity
“Het huren en verhuren,aan- en verkoop van allerhande roerende goederen,zoals zonder beperkend te wezen:textiel-…” (deed in Dutch)From the articles, 18 activitiesNo NACE code in the KBO yet
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2019

€121,339▲ 5.0%
≈ €300,000estimated
€138,441▲ 296%
-€89,659
€1.0m▲ 28.5%
4.3 FTE▲ 13.2%
Filing
Filed on 26-10-2020
Financials

Insights on SOLID CRAFTS

Absorbed by SOLID in August 2020. The last annual accounts are for financial year 2019. The company was dissolved without liquidation.

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

Financials

Annual accounts 2019

micro format, filed on 26-10-2020, 87 days late
€121,339
▲ 5.0%
-€127,130
▼ €73,474
-€138,441
▼ €103,480
-€151,462
▼ €200,582
-8.9%
▼ 15.1 percentage points
0.76
▼ 0.45

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 ≈ €300,000. Estimated: probably between €200,000 and €470,000.

Balance sheet

balance sheet total €1.0m on 31-12-2019
What the company ownsHow it is paid for

in euro

in euro

Staff

€52,818

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 Trend20192018201720162015
Balance sheet: assets
20/58 1.0m784,707781,373150,441260,996
21/28 523,365506,662496,5843,4363,184
21 1,3751,6051,834--
22/27 521,990505,057492,6511,3361,084
22 516,165500,038247,250--
23 5,8244,9113,5251,012652
24 -108216324432
27 --241,660--
28 --2,1002,1002,100
29/58 485,161278,045284,789147,006257,812
3 34,64340,18622,23128,36296,192
30/36 34,64340,18622,23128,36296,192
40/41 409,534219,020237,385108,510139,773
40 289,353202,663204,312108,487139,669
41 120,18116,35733,07323104
54/58 40,10417,13823,6609,28320,997
490/1 8801,7011,512850850
Balance sheet: equity and liabilities
10/49 1.0m784,707781,373150,441260,996
10/15 -89,65948,78283,74343,16648,103
10/11 142,400142,400142,40042,40042,400
100 142,400142,400142,40042,40042,400
13 5,7035,7035,7035,7035,703
130 285285285285285
133 5,4185,4185,4185,4185,418
14 -237,763-99,322-64,361-4,938-
17/49 1.1m735,925697,630107,275212,892
17 431,562477,000477,000--
170/4 431,562477,000477,000--
42/48 636,624228,925220,630107,275212,892
43 27,466----
430/8 27,466----
44 128,83763,14864,95667,867154,515
440/4 128,83763,14864,95667,867154,515
46 440440250-24,370
45 46,71440,34842,84022,91430,556
450/3 7,46119,9926,9533,76028,833
454/9 39,25320,35635,88719,1531,723
47/48 433,167124,990112,58416,4953,452
492/3 30,00030,000---
Income statement
9900 121,339115,574133,16569,08442,669
62 227,116149,472154,82094,14417,353
630 17,3501,4556,589777434
631/4 -415--17,03617,036
640/8 4,00217,8875,103949677
9901 -127,130-53,655-33,346-9,7487,168
75/76B 19,02150,47310,81732,61211,685
75 19,02150,47310,81732,61211,685
65/66B 30,33231,77936,89327,80110,271
65 30,33231,77936,89327,80110,271
9903 -138,441-34,961-59,423-4,9388,582
67/77 --0-2,878
9904 -138,441-34,961-59,423-4,9385,703
9905 -138,441-34,961-59,423-4,9385,703
Appropriation of the result
9906 -237,763-99,322-64,361-4,9385,703
691/2 ----5,703
6920 ----285
6921 ----5,418
Social balance sheet
9087 4.33.842.50.5
Hours worked1013 7,2816,1517,1784,514876
Document PDFPDFPDFPDFPDF

Source: Annual accounts 2019 (PDF), filed on 26-10-2020.

Download as CSV

Filings

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

2019 annual accounts filed 87 days after the deadline. Filed on 26 October 2020, deadline 31 July 2020 (7 months after the close on 31 December 2019, Companies Code art. 3:10). Source: NBB, 2020-63100383.

Financial year Type Filed Reference Document
31-12-2019 micro format 26-10-2020 2020-63100383 PDF
31-12-2018 micro format 30-08-2019 2019-60200278 PDF
31-12-2017 micro format 23-08-2018 2018-49900048 PDF
31-12-2016 micro format 29-07-2017 2017-39800331 PDF
31-12-2015 abbreviated format 27-07-2016 2016-36500234 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20192018201720162015
-109,779-52,200-26,757-8,9727,602
-121,091-33,506-52,834-4,1616,137
34,05413,633499,7371,0293,618
22,967-6,52314,377-11,714-
-151,46249,12064,15939,73044,920
-8.9%6.2%10.7%28.7%18.4%
0.761.211.291.371.21
0.711.041.191.110.76
-15.098.332.494.43
--71.7%-71.0%-11.4%11.9%
-13.7%-4.5%-7.6%-3.3%2.2%

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

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 CRAFTS

The operating result for 2019 is a loss of €127,130, larger than the loss of €53,655 in 2018. It is the lowest result since 2015.

Equity is negative. Debt (€1.1m) exceeds the balance-sheet total (€1.0m).

Large changes and their cause
  • 2019 Net result -296% on 2018. Last accounts before the absorption by SOLID (Official Gazette 20-08-2020).

Board & ownership

Control

Parent
Equity €691,154
Profit €64,523 in 2025 (profit €96,196 in 2024)
Checked score
Source: deed 20-08-2020
100%
This company
SOLID CRAFTS
Equity -€89,659
Loss €138,441 in 2019

Capital

Capital
€70,700
Shares
707
Contribution per share
€100
Equity per share
-€127 in 2019
Source
deed of 20-05-2020

Capital transactions

Shareholders according to the deeds
Stated in the deed deed of 20-08-2020 ↗
  • all shares
Stated in the deed deed of 20-05-2020 ↗
After 2 capital increases deed of 20-11-2017 ↗
  • 283 shares
Capital over time
  1. 20-05-2020 Capital stated in the deed · €70,700 · 707 shares
  2. 20-11-2017 Capital increase of €28,300 · to €70,700 · 283 new shares · in cash
  3. 20-11-2017 Capital increase of €71,700 · no new shares · from reserves

Office holders in the KBO →

Network & group

Parent

Belgium · 100% of the shares · equity €691,154 · profit €64,523 (2025)
Checked score

Acquisitions and mergers

1 transaction
Taken over by:SOLID
BE 0668.677.319operation treated as a merger by absorption · Gazette deed of 20-08-2020 (4 deeds)

Connections & network

Depth

The network starts from the shareholders of SOLID CRAFTS. Every company they also own or run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

10 events since 2015
2020
Annual accounts 2019 filed PDFmicro format · 87 days late
Merger: absorbed by SOLIDDissolution of the company · Dissolved without liquidation · SOLID holds all the shares · General meeting of 24-06-20202 points ▸
  • General meeting, 24-06-2020
  • SOLID holds all the shares
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

Merger proposal: to be absorbed by SOLID is a shareholder · is a shareholder · is a shareholder · Board meeting of 09-04-202015 points ▸
  • Board meeting, 09-04-2020
  • Incorporation, 11-10-2016
  • Registered office clause, Kortrijksesteenweg 697, 9000 Gent, mentioned twice in the deed
  • Board composition, (director), mentioned twice in the deed
  • Board composition, (director)
  • Board composition, (director)
  • is a shareholder
  • is a shareholder
  • is a shareholder
  • is a shareholder
  • Incorporation, 27-01-2015
  • Capital, €70,700, 707 shares
  • SOLID is a shareholder
  • Net-asset statement, 31-03-2020
  • Accounting effect, 01-01-2020
  • The deed holds 9 more points.

Open the deed in the Belgian Official Gazette

2019
Weakest financial year net -€138,441 The net result drops to -€138,441, the lowest from 2015 to 2019.
Annual accounts 2018 filed PDFmicro format · 30 days late
2018
Annual accounts 2017 filed PDFmicro format · 23 days late
2017
Company renamed from BOMBYX to SOLID CRAFTSRegistered office moved from De Haan to Ghent · Capital from €42,400 to €70,700, 283 new shares · Capital from €70,700 to €142,4005 points ▸
  • Name change, SOLID CRAFTS
  • Registered-office move, Kortrijksesteenweg 697 te 9000 Gent
  • Capital increase, €28,300
  • Capital increase, €71,700
  • Capital, €142,400, 707 shares
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2016 filed PDFmicro format · 2 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 4 days before the deadline
2015
Incorporation PDF4 publications in the Belgian Official Gazette, the last on 20-08-2020

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

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Since 2017 the company has been called SOLID CRAFTS.1 In 2017 the registered office moved to Ghent.1 A capital increase in 2017 brought the capital to €70,700.1 In 2020 SOLID CRAFTS was absorbed by merger into SOLID.2

  1. 1Belgian Official Gazette, 20-11-2017
  2. 2Belgian Official Gazette, 20-08-2020

Company details

Purpose according to the articles of association

PurposeThe purpose describes the activities the company may carry out under its articles.
“Het huren en verhuren,aan- en verkoop van allerhande roerende goederen,zoals zonder beperkend te wezen:textiel- en confectie,mode…”
18 activities
  1. Het huren en verhuren,aan- en verkoop van allerhande roerende goederen,zoals zonder beperkend te wezen:textiel- en confectie,mode artikelen,accessoires,lederwaren,sieraden,eindresultaten van allerhande ambachten en handwerk,decoratie,antiquiteiten,beelden,kunstvoorwerpen,glaswerk,snuisterijen,meubels,(elektrische) toestellen,drank en voedingswaren,...
  2. Het organiseren van transport van roerende goederen;
  3. De verkoop van roerende goederen aan merken,retailers,distributeurs;
  4. Het oprichten van een eigen merk van mode artikelen,accessoires,decoratie artikelen....
  5. De verkoop van de goederen van het eigen merk aan retailers,distributeurs,..
  6. Het leveren van logistieke,financiële,administratieve en commerciële ondersteuning,consultancy en dienstverlening(op alle vlakken)aan Belgische en internationale ondernemingen,organisaties en bedrijven,vzw's,non profits-organisaties,evenals aan natuurlijke personen,onder meer inzake fair trade productie van diezelfde soort goederen;
  7. De promotie en sensibilisering van het thema fair trade;
  8. Het financieren van projecten rond fair trade productie in het Zuiden/België;
  9. Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het oordeelkundig beheer en in stand houden van eigen onroerende goederen,ondermeer door verhuring en andere overeenkomsten met derden;verwerven,laten bouwen,opschikken,uitrusten,ombouwen;vervreemden met oog op wederbelegging en opbrengst;optierechten nemen en afstaan,verlenen en verwerven van vruchtgebruik,opstal en erfpacht en alle andere zakelijke rechten
  10. Het verlenen van bijstand en hulp onder meest verschillende vormen aan derden op vlak van beheer,controle,toezicht,organisatie,administratie;adviezen en intellectuele en administratieve hulp;ter beschikking stellen van benodigdheden,materiaal,instrumenten,hard- en software;uitvoeren van concrete projecten;dienstbetoon inzake organisatie en toepassing van wetgevingen;ter beschikking stellen van management;uitoefenen van bedrijfsleiding en organiseren ervan,voor eigen rekening als voor rekening van of in deelneming met derden
  11. Het afsluiten van leningen en kredietopeningen aan vennootschappen en particulieren onder om het even welke vorm;zich borgstellen of aval verlenen;alle handels- en financiële operaties behalve die wettelijk voorbehouden aan depositobanken,houders deposito's korte termijn,spaarbanken,hypotheekmaatschappijen en kapitalisatie-ondernemingen
  12. Zich voor bestuurders,aandeelhouders en derden borg stellen of aval verlenen,voorschotten of kredieten toestaan,hypothecaire en andere waarborgen verstrekken;tot waarborg van eigen en derden verbintenissen goederen in hypotheek of pand geven,inclusief eigen handelszaak
  13. Beheer van roerende goederen en waarden;nemen van belangen in andere vennootschappen;aangaan verbintenissen,kopen en verkopen onroerende goederen,kredieten en leningen aangaan en toestaan;uitbating intellectuele rechten en industriële en commerciële eigendommen;aankopen,uitbaten en/of afstaan brevetten,licenties en handelsmerken
  14. Belangen nemen in ondernemingen of vennootschappen zonder onderscheid,ook nog op te richten,met identiek,analoog of samenhangend doel,of die ontwikkeling,grondstoffen of afzet bevorderen,zelfs met hen fusioneren
  15. Waarnemen van bestuurs- en vereffeningsmandaten in Belgische of buitenlandse vennootschappen;meebesturen en toezicht op participaties teneinde ontwikkeling en realisatie maatschappelijk doel te stimuleren en coördineren
  16. Bij wijze van samenwerking,inbreng,fusie,financiële tussenkomst of andere vorm deelnemen in vennootschappen met zelfde,analoog,gelijkaardig of samenhangend doel
  17. De organisatie van evenementen en feesten,zowel in- als outdoor;
  18. Het afsluiten van roerende- en/of onroerende leasing,zowel als leasingnemer dan als leasinggever
deed of 20-05-2020 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Kortrijksesteenweg 697, 9000 Gent”
deed of 20-11-2017 (in Dutch)
Inactive

Absorbed by SOLID in August 2020

SOLID CRAFTS is no longer in the KBO register. SOLID took it over in a merger by absorption, published in the Belgian Official Gazette on 20 August 2020.

Status
Inactive
Reason
Merger by absorption"operation treated as a merger by absorption", Belgian Official Gazette, 20 August 2020 · deed
Absorbed by
SOLID · 0668.677.319
Last annual accounts
financial year to 31 December 2019
Last registered office
Kortrijksesteenweg 697, 9000 Gentas published on 20 August 2020
Legal form
Private limited company
First annual accounts
financial year 2015
Official KBO record

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