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SOLID INDUSTRIE PELT

Active
Private limited companyfounded 200620 yrs activeKarel Pinxtenlaan 6, 3900 Pelt, BelgiumKBO/BCE: BE 0878.776.250
Summary

SOLID INDUSTRIE PELT has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €595,907 and a net result of €44,001. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 55% of 9294 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability72▲+2
Solvency62▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity short (current ratio 0.61 against 0.58 in 2024; short-term debt: 11.3% and cash: 0.4% of total assets), and 63% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 20 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
37%
Return on assets
2.7%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €595,907
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 d early
2024
21 d early
2023
30 d late
2022
27 d early
2021
31 d late
2020
48 d late
2019
27 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 9 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 20 January 2006, SOLID INDUSTRIE PELT was incorporated.1 Total assets went from EUR 2 million in 2018 to EUR 1.6 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€595,907▲ 8.0%
2024 · €551,906
Total assets
€1.6m▼ 5.4%
2024 · €1.7m
Net result
€44,001▲ 270%
2024 · €11,900
Working capital
-€69,954▲ 21.4%
2024 · -€89,041
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€15,335▼ 40.6%€17,576▲ 14.6%€17,102▼ 2.7%€31,449▲ 83.9%€72,564▲ 131%
Net result€386▼ 94.7%€2,866▲ 643%€600▼ 79.1%€11,900▲ 1,884%€44,001▲ 270%
Equity€536,540▲ 0.1%€539,406▲ 0.5%€540,006▲ 0.1%€551,906▲ 2.2%€595,907▲ 8.0%
Total assets€1.9m▼ 4.6%€1.8m▼ 4.2%€1.7m▼ 4.3%€1.7m▼ 2.0%€1.6m▼ 5.4%
Debt€1.4m▼ 6.4%€1.3m▼ 6.0%€1.2m▼ 6.2%€1.2m▼ 3.9%€1.0m▼ 11.9%
Working capital-€77,420▼ 11.1%-€91,030▼ 17.6%-€89,117▲ 2.1%-€89,041▲ 0.1%-€69,954▲ 21.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000€80,000Operating result 2021: €15,335€15,335Net result 2021: €386€386Operating result 2022: €17,576€17,576Net result 2022: €2,866€2,866Operating result 2023: €17,102€17,102Net result 2023: €600€600Operating result 2024: €31,449€31,449Net result 2024: €11,900€11,900Operating result 2025: €72,564€72,564Net result 2025: €44,001€44,00120212022202320242025€0€20,000€40,000€60,000€80,000Operating result 2023: €17,102€17,100Net result 2023: €600€600Operating result 2024: €31,449€31,400Net result 2024: €11,900€11,900Operating result 2025: €72,564€72,600Net result 2025: €44,001€44,000202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 131% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets €1.5m ▼ 5.0%
Current assets €111,385 ▼ 10.7%
Equity and liabilities €1.6m
Equity €595,907 ▲ 8.0%
Debt €1.0m ▼ 11.9%
Debt's share of the balance-sheet total falls from 67.6% to 63.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€151,884▲
2024 · €110,769
Cash flow
€123,321▲
2024 · €91,220
Current ratio
0.61▲
2024 · 0.58
Debt to equity
1.70▼
2024 · 2.09
ROE
7.4%▲
2024 · 2.2%
ROA
2.7%▲
2024 · 0.7%
Interest coverage
10.93▲
2024 · 7.11
Debt ≤ 1 year
€181,340▼
2024 · €213,742
Debt > 1 year
€775,029▼
2024 · €875,025
Income taxes
€14,667▲
2024 · €3,967
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,684 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 14,684 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.7m€1.6m▼
Fixed assets21/28€1.6m€1.5m▼
Tangible fixed assets22/27€1.6m€1.5m▼
Land and buildings22€1.6m€1.5m▼
Plant, machinery and equipment23€182€91▼
Financial fixed assets28€150€150=
Current assets29/58€124,701€111,385▼
Amounts receivable within one year40/41€57,647€99,107▲
Trade receivables40€57,617€99,077▲
Other amounts receivable41€30€30=
Cash at bank and in hand54/58€60,689€5,742▼
Deferred charges and accrued income490/1€6,365€6,536▲
Equity and liabilities
Total equity and liabilities10/49€1.7m€1.6m▼
Equity10/15€551,906€595,907▲
Contributions10/11€500,000€500,000=
Reserves13€51,906€95,907▲
Distributable reserves133€51,906€95,907▲
Amounts payable17/49€1.2m€1.0m▼
Amounts payable after more than one year17€875,025€775,029▼
Financial debts170/4€875,025€775,029▼
Amounts payable within one year42/48€213,742€181,340▼
Current portion of amounts payable after more than one year42€99,996€99,996=
Trade debts44€42,751€36▼
Suppliers440/4€42,751€36▼
Taxes, remuneration and social security45€10,995€11,307▲
Taxes450/3€10,995€11,307▲
Other amounts payable47/48€60,000€70,000▲
Accrued charges and deferred income492/3€63,746€59,508▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€79,320€79,320=
Other operating charges640/8€41,599€42,847▲
Gross operating margin9900€152,368€194,730▲
Operating profit (loss)9901€31,449€72,564▲
Financial charges65/66B€15,582€13,895▼
Recurring financial charges65€15,582€13,895▼
Profit (loss) for the period before taxes9903€15,867€58,668▲
Income taxes67/77€3,967€14,667▲
Profit (loss) for the period9904€11,900€44,001▲
Profit (loss) for the period to be appropriated9905€11,900€44,001▲
Appropriation of the result
Profit (loss) to be appropriated9906€11,900€44,001▲
Transfer to equity691/2€11,900€44,001▲
To other reserves6921€11,900€44,001▲

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€79,229€79,320€79,320€79,320€79,320=
Other operating charges640/8€35,915€36,733€40,060€41,599€42,847▲ 3.0%
Gross operating margin9900€130,479€133,629€136,482€152,368€194,730▲ 27.8%
Operating profit (loss)9901€15,335€17,576€17,102€31,449€72,564▲ 131%
Financial charges65/66B€14,949€14,006€16,303€15,582€13,895▼ 10.8%
Recurring financial charges65€14,949€14,006€16,303€15,582€13,895▼ 10.8%
Profit (loss) for the period before taxes9903€386€3,571€800€15,867€58,668▲ 270%
Income taxes67/77-€704€200€3,967€14,667▲ 270%
Profit (loss) for the period9904€386€2,866€600€11,900€44,001▲ 270%
Profit (loss) for the period to be appropriated9905€386€2,866€600€11,900€44,001▲ 270%
Line20212022202320242025Change
Assets
Total assets20/58€1.9m€1.8m€1.7m€1.7m€1.6m▼ 5.4%
Fixed assets21/28€1.8m€1.7m€1.7m€1.6m€1.5m▼ 5.0%
Tangible fixed assets22/27€1.8m€1.7m€1.7m€1.6m€1.5m▼ 5.0%
Land and buildings22€1.8m€1.7m€1.7m€1.6m€1.5m▼ 5.0%
Plant, machinery and equipment23-€363€272€182€91▼ 50.0%
Financial fixed assets28€150€150€150€150€150=
Current assets29/58€80,706€80,207€80,421€124,701€111,385▼ 10.7%
Amounts receivable within one year40/41€74,833€49,461€56,196€57,647€99,107▲ 71.9%
Trade receivables40€74,803€47,636€53,866€57,617€99,077▲ 72.0%
Other amounts receivable41€30€1,826€2,330€30€30=
Cash at bank and in hand54/58€469€25,261€24,225€60,689€5,742▼ 90.5%
Deferred charges and accrued income490/1€5,404€5,485-€6,365€6,536▲ 2.7%
Equity and liabilities
Total equity and liabilities10/49€1.9m€1.8m€1.7m€1.7m€1.6m▼ 5.4%
Equity10/15€536,540€539,406€540,006€551,906€595,907▲ 8.0%
Contributions10/11€500,000€500,000€500,000€500,000€500,000=
Outside capital11€500,000-----
Share premium1100/10€500,000-----
Reserves13€36,540€39,406€40,006€51,906€95,907▲ 84.8%
Distributable reserves133€36,540€39,406€40,006€51,906€95,907▲ 84.8%
Amounts payable17/49€1.4m€1.3m€1.2m€1.2m€1.0m▼ 11.9%
Amounts payable after more than one year17€1.2m€1.1m€975,021€875,025€775,029▼ 11.4%
Financial debts170/4€1.2m€1.1m€975,021€875,025€775,029▼ 11.4%
Amounts payable within one year42/48€158,127€171,237€169,538€213,742€181,340▼ 15.2%
Current portion of amounts payable after more than one year42€99,996€99,996€99,996€99,996€99,996=
Financial debts43€8,982-----
Credit institutions430/8€8,982-----
Trade debts44€22,312€34,456€310€42,751€36▼ 99.9%
Suppliers440/4€22,312€34,456€310€42,751€36▼ 99.9%
Taxes, remuneration and social security45€6,836€6,785€9,232€10,995€11,307▲ 2.8%
Taxes450/3€6,836€6,785€9,232€10,995€11,307▲ 2.8%
Other amounts payable47/48€20,000€30,000€60,000€60,000€70,000▲ 16.7%
Accrued charges and deferred income492/3€28,251€32,905€54,894€63,746€59,508▼ 6.6%
Line20212022202320242025Change
Profit (loss) for the period9904€386€2,866€600€11,900€44,001▲ 270%
+ Depreciation and write-downs630€79,229€79,320€79,320€79,320€79,320=
Operating cash flow (approximation)€79,615€82,186€79,920€91,220€123,321▲ 35.2%
Investment in fixed assets (approximation)--€454€0€0€0-
Change in cash-€24,792-€1,036€36,465-€54,947▼ 251%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
04-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial Weakest financial yearnet €386 ▼94.7%
Net result drops to €386, the lowest in the series; recovery starts the following year.
17-09
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 48 days late
2020
27-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2019
31-12
Financial Equity above €500,000Eq €528,838 ▲6.5%
2 profitable years in a row build equity to €528,838.
08-11
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 100 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
07-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 129 days late
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, Pelt · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
1.8 ha
Building footprint
6,639 m²
Volume, LiDAR
54,973 m³
2 parcels, Flanders · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
HEZEMANS HANDELSONDERNEMING
Lieven Gevaertlaan 5, 3900 PeltNACE 51900
since 20062.155.966.738
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72502E0102/00G133 Flanders 1.5 ha 1 · 5,614 m² 12.4 m · 3 fl.
72502E0102/00R098 Flanders 2,635 m² 1 · 1,025 m² 9.2 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. NEMA Invest 99.93%
  2. SOLID INDUSTRIE PELT

Highest known parent: NEMA Invest. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 12,042 companies in sector 68203 we hold annual accounts for 5,995. 4,383 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
Founded20-01-2006
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID 0208:0878776250
Registered 27-03-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.