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SOLID INTERNATIONAL

Active
Public limited companyfounded 2000active for 26 yearsPathoekeweg 130, 8000 Brugge, BelgiumKBO/BCE: BE 0472.587.562
Summary

SOLID INTERNATIONAL has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €179,544. Equity is growing by about 8.6% per year across the filed financial years. Its solvency ranks better than 45% of 6,071 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Wholesale of timber
NACE 46832Agents in the wholesale of timber and building materials NACE 46130
1 site
Size
€10.4mturnover 2025
Staff
13.1 FTE
Equity
€1.3m
Profit
€179,544
Financial health
90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
  • BV ArctopolManaging director · permanent representative Guillaume De Potter
  • BV KALMIDRAManaging director · permanent representative Kristien Loontjens
Accounts 21 days early1 of 9 deeds read
Why 90lowers riskFounded in 2000Profit of €179,544 (financial year 2025)Figures for financial year 2025 (filed 11-02-2026)Legal form: public limited companyShow the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 46% of its sector peers (NACE 46, small)
Financial strength · tick = 2024
Average
Solvency 66+5
equity 41.3% of total assets
Liquidity 38+17
short-term debt 32.1% · cash 1.3%
Profitability 52+3
return on assets 5.6%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,380 companies, NACE 46, small)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.2%▼ -0.1 percentage points vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.3%▲ +0.1 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.4%▲ +0.1 percentage points vs 01-2026highest value 03-2026: 0.1%▼ -0.3 percentage points vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.2%▲ +0.1 percentage points vs 09-2026
Credit of up to €110,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.57, compared with 1.35 in 2024; short-term debt: 32.1% and cash: 1.3% of total assets), but 58.7% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, small): better than 48% on solvency, 41% on liquidity, 35% on profitability and 60% on growth.

The bankruptcy probability was computed on 08-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk○neutral
lowers risk · Founded in 2000
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Profit of €179,544 (financial year 2025)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 11-02-2026)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 07-02-2026, 21 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
21 days early
2024
50 days early
2023
on the day
2022
22 days late
2021
4 days early
2020
79 days early
2019
1 day early
← 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 19 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-07-2026 is due by 28-02-2027. Nothing is late today. The company usually files around 24 February (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-07-2026 year end09-10-2026 today28-02-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations: David Holvoet (non-statutory director) and…Permanent representatives: Thomas Gheyle, Kristien…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Highest result from 2019 to 2025net €179,544 ▲23.1%

Key points

  • Caution: Board changedlatest change 01-02-2026 · 2 in office 2 joined · 2 left View
  • Positive: 7 profitable years in a rowprofit 2025: €179,544 7 years View
  • Active since 2000founded 25-08-2000 26 years View

By topic

Financials

Financial year
2025
Turnover
€10.4m
Profit
€179,544
Solvency
41.3%
Turnover▼ 1.1%
Net result
20192025
Go to Financials

Timeline

Events
29
Since
2002
Next accounts
by 28-02-2027
  1. 09-01-2025Annual accounts filed
  2. 31-07-2024Equity above €1m
  3. 29-02-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale of timberNACE 46832
Founded
25-08-2000
Year ends
31-07
Peppol
Reachable for e-invoices
Go to Company details

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