SOLID DESIGN AND ENGINEERING
ActiveSummary
SOLID DESIGN AND ENGINEERING has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €252k and a net result of €26k. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 94% of 394 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 19.89 against 18.41 in 2024; short-term debt: 4.5% and cash: 73.6% of total assets), and 5% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
95%
Return on assets
9.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
46 d early
2023
33 d early
2022
49 d early
2021
45 d early
2020
62 d early
2019
24 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€252k▼ 1.7%
2024 · €256k
Total assets
€265k▼ 1.8%
2024 · €270k
Net result
€26k▼ 2.2%
2024 · €26k
Working capital
€225k▲ 4.7%
2024 · €215k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€25k▲ 15.4%€38k▲ 55.3%€53k▲ 39.5%€37k▼ 29.9%€35k▼ 5.7%
Net result€17k▲ 17.9%€40k▲ 140%€39k▼ 4.1%€26k▼ 32.2%€26k▼ 2.2%
Equity€166k▲ 0.6%€195k▲ 17.1%€232k▲ 19.1%€256k▲ 10.7%€252k▼ 1.7%
Total assets€200k▼ 3.1%€230k▲ 14.8%€251k▲ 9.4%€270k▲ 7.4%€265k▼ 1.8%
Debt€34k▼ 18.1%€35k▲ 3.8%€20k▼ 44.4%€13k▼ 31.1%€13k▼ 2.1%
Working capital€150k▲ 5.6%€179k▲ 19.1%€179k▲ 0.3%€215k▲ 19.9%€225k▲ 4.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €265k
Fixed assets
€28k ▼ 34.1%
Current assets
€237k ▲ 4.3%
Equity and liabilities €265k
Equity
€252k ▼ 1.7%
Debt
€13k ▼ 2.1%
Debt's share of the balance-sheet total stays at 5.0%.
Key figures and ratios
EBITDA
€50k▼
2024 · €53k
Cash flow
€41k▼
2024 · €42k
Current ratio
19.89▲
2024 · 18.41
Debt to equity
0.05▼
2024 · 0.05
ROE
10.2%▼
2024 · 10.3%
ROA
9.7%▼
2024 · 9.7%
Interest coverage
275.15▲
2024 · 190.03
Debt ≤ 1 year
€12k▼
2024 · €12k
Income taxes
€13k▲
2024 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €23k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13k | €13k | €11k | €16k | €15k | ▼ 5.1% |
| Other operating charges640/8 | - | €2k | €5k | €2k | €2k | ▲ 0.2% |
| Gross operating margin9900 | €40k | €53k | €68k | €56k | €53k | ▼ 5.3% |
| Operating profit (loss)9901 | €25k | €38k | €53k | €37k | €35k | ▼ 5.7% |
| Financial income75/76B | - | €21k | €502 | €2k | €4k | ▲ 92.0% |
| Recurring financial income75 | €678 | €475 | €502 | €2k | €4k | ▲ 92.0% |
| Non-recurring financial income76B | - | €20k | - | - | - | - |
| Financial charges65/66B | - | €521 | €446 | €280 | €463 | ▲ 65.2% |
| Recurring financial charges65 | €566 | €521 | €446 | €280 | €183 | ▼ 34.8% |
| Non-recurring financial charges66B | - | - | - | - | €280 | - |
| Profit (loss) for the period before taxes9903 | €25k | €58k | €53k | €39k | €39k | ▼ 0.8% |
| Income taxes67/77 | €8k | €18k | €14k | €13k | €13k | ▲ 2.2% |
| Profit (loss) for the period9904 | €17k | €40k | €39k | €26k | €26k | ▼ 2.2% |
| Transfer from tax-exempt reserves789 | - | €10k | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €17k | €50k | €39k | €26k | €26k | ▼ 2.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €200k | €230k | €251k | €270k | €265k | ▼ 1.8% |
| Fixed assets21/28 | €35k | €28k | €58k | €42k | €28k | ▼ 34.1% |
| Tangible fixed assets22/27 | €35k | €28k | €58k | €42k | €28k | ▼ 34.1% |
| Plant, machinery and equipment23 | - | €4k | €3k | €3k | €3k | ▼ 3.5% |
| Furniture and vehicles24 | - | €24k | €55k | €40k | €25k | ▼ 36.3% |
| Current assets29/58 | €165k | €202k | €193k | €227k | €237k | ▲ 4.3% |
| Amounts receivable after more than one year29 | - | €29k | €25k | €22k | €18k | ▼ 16.8% |
| Other amounts receivable291 | - | €29k | €25k | €22k | €18k | ▼ 16.8% |
| Amounts receivable within one year40/41 | €20k | €19k | €25k | €23k | €23k | ▼ 0.5% |
| Trade receivables40 | - | €19k | €23k | €23k | €23k | = |
| Other amounts receivable41 | - | - | €2k | €120 | - | - |
| Current investments50/53 | - | - | €100k | €150k | - | - |
| Cash at bank and in hand54/58 | €108k | €152k | €42k | €31k | €195k | ▲ 527% |
| Deferred charges and accrued income490/1 | - | €2k | €1k | €1k | €859 | ▼ 37.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €200k | €230k | €251k | €270k | €265k | ▼ 1.8% |
| Equity10/15 | €166k | €195k | €232k | €256k | €252k | ▼ 1.7% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €160k | €188k | €226k | €250k | €246k | ▼ 1.8% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €187k | €224k | €250k | €246k | ▼ 1.8% |
| Amounts payable17/49 | €34k | €35k | €20k | €13k | €13k | ▼ 2.1% |
| Amounts payable after more than one year17 | €18k | €11k | €4k | - | - | - |
| Financial debts170/4 | - | €11k | €4k | - | - | - |
| Amounts payable within one year42/48 | €15k | €23k | €14k | €12k | €12k | ▼ 3.5% |
| Current portion of amounts payable after more than one year42 | - | €7k | €7k | €4k | - | - |
| Trade debts44 | €198 | €555 | €1k | €538 | €2k | ▲ 255% |
| Suppliers440/4 | - | €555 | €1k | €538 | €2k | ▲ 255% |
| Taxes, remuneration and social security45 | - | €15k | €6k | €6k | €9k | ▲ 48.9% |
| Taxes450/3 | - | €7k | €2k | €3k | €8k | ▲ 127% |
| Remuneration and social security454/9 | - | €8k | €4k | €3k | €2k | ▼ 45.7% |
| Other amounts payable47/48 | - | €976 | €361 | €1k | €698 | ▼ 37.4% |
| Accrued charges and deferred income492/3 | - | €950 | €1k | €1k | €1k | ▲ 13.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17k | €40k | €39k | €26k | €26k | ▼ 2.2% |
| + Depreciation and write-downs630 | €13k | €13k | €11k | €16k | €15k | ▼ 5.1% |
| Operating cash flow (approximation) | €30k | €54k | €49k | €42k | €41k | ▼ 3.3% |
| Investment in fixed assets (approximation) | - | €-6k | €-41k | €-542 | €-733 | ▼ 35.3% |
| Change in cash | - | €44k | €-110k | €-11k | €164k | ▲ 1,622% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
16-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
29-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Equity above €200kEq €232k ▲19.1%
5 profitable years in a row build equity to €232k.
2022
13-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Highest result since 2019net €40k ▲140%
Net result €40k, the highest in the series.
2021
17-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Weakest financial yearnet €14k ▼30.7%
Net result drops to €14k, the lowest in the series; recovery starts the following year.
07-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
18-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
18-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
20-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Lokeren · 1 establishment unit since 1998
Ground area
706 m²
Building footprint
132 m²
Volume, LiDAR
665 m³
Parcel 46014A1613/00K002, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sinaaistraat 96, 9160 Lokeren
since 19982.086.380.918
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46014A1613/00K002 | Flanders | 706 m² | 1 · 132 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 211 companies in sector 28299 we hold annual accounts for 154. 114 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-04-1998
Fiscal year end30-06
Abbreviation NL
SD EN E
Activities, NACEBEL 2025
28299Manufacture of machinery and equipment not elsewhere classified
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.