Result
€4,098 ▼ 96.4%
The result fell in 2025 from €114,170 to €4,098.
SOLID DESIGN
Lifetime
19 annual accounts with figures on one time axis, 28 filings since 1998peak €141,263 (2024)
€15,013▼ 89.4%
lowest -€92,463 (2022)
€4,098▼ 96.4%
peak €29,473 (2019)
€14,285▲ 40.2%
€289,362▲ 74.8%
peak 2.8 FTE (2020)
-not published
Board3 names since 2015
2 directorsDE JONGE Mathieu and 1 other
Documentsfilings and deeds
02-04-202628 days before the deadline
2025micro format
Gross margin from €141,263 to €15,013Result from €114,170 to €4,098Equity from €10,187 to €14,285Debts from €165,495 to €289,362
Key points
from the 2025 annual accountsDebts
€289,362 95% of the balance sheet
Financial debts 19%Suppliers 41%Taxes and wages 4%Other 36%
Of this, €219,513 falls due within a year.
Position in the sector
4.7%
Lower solvency than 89% of companies in specialised construction. Sector median 46.7% · 35,119 companies.
Checked score
52
Fair
Financially stronger than 32% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 14.1%
01-2025: 14.7%▲ +0.6 percentage points vs 12-2024
02-2025: 15.2%▲ +0.5 percentage points vs 01-2025
03-2025: 14.8%▼ -0.4 percentage points vs 02-2025
04-2025: 15.7%▲ +0.9 percentage points vs 03-2025highest value
05-2025: 10.0%▼ -5.7 percentage points vs 04-2025
06-2025: 10.0%● unchanged vs 05-2025
07-2025: 10.0%● unchanged vs 06-2025
08-2025: 10.0%● unchanged vs 07-2025
09-2025: 10.0%● unchanged vs 08-2025
10-2025: 6.0%▼ -4.0 percentage points vs 09-2025
11-2025: 6.0%● unchanged vs 10-2025
12-2025: 6.0%● unchanged vs 11-2025
01-2026: 6.3%▲ +0.3 percentage points vs 12-2025
02-2026: 7.1%▲ +0.8 percentage points vs 01-2026
03-2026: 6.9%▼ -0.2 percentage points vs 02-2026
04-2026: 3.8%▼ -3.1 percentage points vs 03-2026
05-2026: 2.1%▼ -1.7 percentage points vs 04-2026lowest value
06-2026: 2.1%● unchanged vs 05-2026lowest value
07-2026: 2.1%● unchanged vs 06-2026lowest value
08-2026: 2.1%● unchanged vs 07-2026lowest value
09-2026: 2.4%▲ +0.3 percentage points vs 08-2026
10-2026: 2.3%▼ -0.1 percentage points vs 09-2026
11-2026: 2.3%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Judicial reorganisation on record (2 publications, latest 20-09-2022)
Sector: Specialised construction activities (NACE 43)
Equity €14,285 (4.7% of total assets)
lowers risk
Size: total assets €303,648
Calculation
The band follows from the bankruptcy probability. 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 43, micro). It does better than 11% of them on solvency, 11% on liquidity, 29% on profitability and 80% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,083 companies had the same profile as SOLID DESIGN has now. Each dot stands for 3 companies, two years later.
96.8%
were still trading
2.2%
stopped another way
0.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SOLID DESIGN itself is higher: 2.3% within 12 months. It rests on far more data about SOLID DESIGN than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,083 companies, not a prediction for SOLID DESIGN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €500 on 30-day terms, only on tighter conditions: judicial reorganisation (WER Book XX) on file
Liquidity is tight, with a current ratio of 1.37 (1.68 in 2024), below the usual 1.5. Short-term debt is 72.3% and cash 6.5% of total assets. 95.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 35119 sector peers (2025).
NBB · sector comparisonPosition among 35119 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-04-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 days early
2024
12 days early
2023
on the day
2022
on the day
2021
1 day early
2020
27 days late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 2 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 29 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end09-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0462995351
Registered office moved within Woluwe-Saint-Pierre
New registered office: 101 Avenue du Chant d'Oiseau, 1150 Woluwe-Saint-Pierre · Previous registered office: Avenue des Eglantines 23, 1150 Woluwe-Saint-Pierre · General meeting of 01-09-2023 · Gazette deed
Company renamed from NAM DESIGN to SOLID DESIGN
Resignation: SPANOGHE Nicolas (director) · Appointments: DE JONGE Mathieu (director) and DE JONGE Thai (director) · “Faire pour son compte ou pour le compte d’autrui toutes les opérations se rattachant directement ou…” (deed in French) · General meeting of 28-11-2022 · Gazette deed
Plan homologation
French-language Enterprise Court of Brussels · judgment of 14-09-2022 · Judicial reorganisation
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SOLID DESIGN Woluwe-Saint-Pierre | €303,648 | €15,013 | 4.7% | - |
| VOLUME + Steenokkerzeel | €330,743 | €14,272 | 37.5% | - |
| MENUISERIE ALAIN GILLET Trooz | €274,333 | €15,334 | 19.2% | - |
| Schrijnwerkerij M.V.V. Haacht | €335,568 | €12,808 | 26.9% | - |
| PIERRE SELFSLAGH Braine-l'Alleud | €301,055 | €14,911 | 83.1% | - |
| ART et BOIS CONCEPT Grez-Doiceau | €260,270 | €15,623 | 29.2% | - |
| HARGO Schrijnwerkerij en Winkelinrichting Turnhout | €361,631 | €12,464 | 44.0% | - |
These companies have the same main activity as SOLID DESIGN: joinery installation (NACE 43320). They are comparable in size and age: total assets between €260,000 and €362,000, founded between 1994 and 2002.
Official details
Source: KBO- Status
- Active since 06-04-1998Normal situation
- Activity
- Joinery installationNACE 43320and 6 others
- Establishment unit
- 2.086.201.8631300 Wavre, since 18-11-1999
- Financial year end
- 30 September
- Peppol
- Reachable since 02-04-2026
Annual accounts to 30-09-2025
- ≈ €160,000estimated
- €303,648▲ 72.8%
- Filing
- Filed on 02-04-2026, 28 days before the end of the filing period
Insights on SOLID DESIGN
SOLID DESIGN files the micro format. That format states no turnover. The gross margin fell from €37,778 in 2007 to €15,013 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SOLID DESIGN
- What is the company number of SOLID DESIGN?
- The company number of SOLID DESIGN is 0462.995.351. The VAT number is the same number with BE in front: BE 0462.995.351.
- Where is SOLID DESIGN based?
- The registered office is at Vogelzanglaan 101, 1150 Woluwe-Saint-Pierre.Company details
- What does SOLID DESIGN do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of SOLID DESIGN?
- SOLID DESIGN is a private limited company (BV).
- When was SOLID DESIGN founded?
- SOLID DESIGN was founded on 06-04-1998.
- Is SOLID DESIGN still active?
- Yes, SOLID DESIGN is an active enterprise in the KBO register.
- How many employees does SOLID DESIGN have?
- SOLID DESIGN had an average of 2.8 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- What is the turnover of SOLID DESIGN?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €15,013 and 56 comparable companies (NACE 43320). It probably lies between €93,000 and €300,000. It is a rough estimate.
- Is SOLID DESIGN profitable?
- In financial year 2025, SOLID DESIGN made a profit of €4,098.
- Where can I find the annual accounts of SOLID DESIGN?
- SOLID DESIGN filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SOLID DESIGN due?
- SOLID DESIGN must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.