SOLID INTERNATIONAL
ActiveSummary
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 6,105 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
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 89raises riskLiquidity: current ratio 2.57, cash €40,540lowers riskFounded in 2000Profit of €179,544 (financial year 2025)Legal form: public limited companyShow the evidence
Checked score
Score 2025
89
/ 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).
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, above the usual 1.5; short-term debt: 32.1% and cash: 1.3% of total assets), but 58.7% of the assets are financed with debt and provisions.
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 19-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises riskneutral
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 filingsDeviation 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 monthsWhere today falls in the filing period
31-07-2026 year end20-10-2026 today28-02-2027 deadline
- Resignations: David Holvoet (director) and BV…Permanent representatives: Thomas Gheyle, Kristien…
- Annual accounts filedfinancial year 2025 · full…
- Highest result from 2019 to 2025net €179,544 ▲23.1%
Financials · financial year 2025, full format
Turnover
€10.4m▼ 1.1%
2024 · €10.5m
EBIT margin
5.2%▲ 1.5pp
2024 · 3.7%
Net result
€179,544▲ 23.1%
2024 · €145,879
Working capital
€1.6m▲ 137%
2024 · €679,236
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result has risen four years in a row; 2025 is 40% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€10.4m
2025
Operating result€0.5m
2025
Net result€0.2m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€3.2m
2025
Equity€1.3m
2025
Debt€1.9m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€1.6m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin5.2%
2025
Return on assets (ROA)5.6%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency41.3%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio2.57
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)13.1
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Turnover€4.7m-€5.1m▲ 8.5%€5.9m▲ 15.1%€7.3m▲ 23.8%€9.2m▲ 26.4%€10.5m▲ 14.2%€10.4m▼ 1.1%
Operating result€0.1m-€0.09m▼ 23.7%€0.2m▲ 69.4%€0.2m▲ 37.4%€0.3m▲ 35.4%€0.4m▲ 28.3%€0.5m▲ 40.0%
Net result€0.02m-€0.005mwithin the sector's middle half▼ 78.4%€0.07mwithin the sector's middle half▲ 1,200%€0.07mwithin the sector's middle half▲ 3.3%€0.1mwithin the sector's middle half▲ 65.3%€0.1mwithin the sector's middle half▲ 26.1%€0.2mwithin the sector's middle half▲ 23.1%
EBIT margin2.6%-1.9%▼ 0.8pp2.7%▲ 0.9pp3.0%▲ 0.3pp3.3%▲ 0.2pp3.7%▲ 0.4pp5.2%▲ 1.5pp
Equity€0.8m-€0.8mwithin the sector's middle half▲ 0.6%€0.9mwithin the sector's middle half▲ 8.4%€0.9mwithin the sector's middle half=€1.0mwithin the sector's middle half▲ 13.2%€1.1mwithin the sector's middle half▲ 14.7%€1.3mwithin the sector's middle half▲ 15.8%
Total assets€4.4m-€3.9mwithin the sector's middle half▼ 11.0%€4.2mwithin the sector's middle half▲ 7.7%€5.0mwithin the sector's middle half▲ 18.2%€3.7mwithin the sector's middle half▼ 26.7%€3.2mwithin the sector's middle half▼ 12.8%€3.2mwithin the sector's middle half▼ 0.1%
Debt€3.6m-€3.1m▼ 13.6%€3.4m▲ 7.6%€4.1m▲ 22.9%€2.7m▼ 35.2%€2.1m▼ 23.0%€1.9m▼ 8.9%
Working capital€0.7m-€0.8mwithin the sector's middle half▲ 12.2%€0.9mwithin the sector's middle half▲ 8.7%€1.1mwithin the sector's middle half▲ 21.8%€1.6mwithin the sector's middle half▲ 48.8%€0.7mwithin the sector's middle half▼ 58.6%€1.6mwithin the sector's middle half▲ 137%
Solvency18.2%-20.6%within the sector's middle half▲ 2.4pp20.7%within the sector's middle half▲ 0.1pp17.5%below the sector's middle half▼ 3.2pp27.1%within the sector's middle half▲ 9.5pp35.6%within the sector's middle half▲ 8.5pp41.3%within the sector's middle half▲ 5.7pp
Current ratio1.24-1.33within the sector's middle half▲ 0.081.32within the sector's middle half=1.32within the sector's middle half=2.06within the sector's middle half▲ 0.741.35within the sector's middle half▼ 0.712.57within the sector's middle half▲ 1.22
Return on assets (ROA)0.5%-0.1%below the sector's middle half▼ 0.4pp1.6%within the sector's middle half▲ 1.5pp1.4%within the sector's middle half▼ 0.2pp3.2%within the sector's middle half▲ 1.8pp4.6%within the sector's middle half▲ 1.4pp5.6%within the sector's middle half▲ 1.1pp
Staff (FTE)9.4-8.3within the sector's middle half▼ 11.7%10.8within the sector's middle half▲ 30.1%13.8within the sector's middle half▲ 27.8%14.9within the sector's middle half▲ 8.0%13.3within the sector's middle half▼ 10.7%13.1within the sector's middle half▼ 1.5%
above
within
below
the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.2m
Fixed assets
€557,774 ▼ 1.8%
Current assets
€2.6m ▲ 0.3%
Equity and liabilities €3.2m
Equity
€1.3m ▲ 15.8%
Debt
€1.9m ▼ 8.9%
Debt's share of the balance-sheet total falls from 64.4% to 58.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€700,828▲
2024 · €531,500
Cash flow
€342,863▲
2024 · €293,383
Quick ratio
0.84▲
2024 · 0.64
Debt to equity
1.42▼
2024 · 1.81
ROE
13.6%▲
2024 · 12.8%
Interest coverage
3.53▲
2024 · 3.48
Debt ≤ 1 year
€1.0m▼
2024 · €1.9m
Debt > 1 year
€791,378▲
2024 · €64,676
Income taxes
€81,766▲
2024 · €60,370
Staff costs
€725,586▼
2024 · €847,914
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,139 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95.0%
still going
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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 20,139 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
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €7.3m | €9.2m | €10.6m | €10.4m | ▼ 1.2% |
| Turnover70 | €4.7m | €5.1m | €5.9m | €7.3m | €9.2m | €10.5m | €10.4m | ▼ 1.1% |
| Other operating income74 | - | - | - | €0.07m | €0.03m | €0.05m | €0.03m | ▼ 37.1% |
| Non-recurring operating income76A | - | - | - | €0.001m | €0.01m | €0.03m | €0.04m | ▲ 21.1% |
| Operating charges60/66A | - | - | - | €7.1m | €8.9m | €10.2m | €9.9m | ▼ 2.8% |
| Goods for resale, raw materials and consumables60 | - | - | - | €5.5m | €7.0m | €7.9m | €7.6m | ▼ 3.5% |
| Purchases600/8 | - | - | - | €6.1m | €5.5m | €7.3m | €8.0m | ▲ 8.7% |
| Change in stocks: decrease (increase)609 | - | - | - | -€0.7m | €1.5m | €0.5m | -€0.4m | - |
| Services and other goods61 | - | - | - | €0.9m | €1.1m | €1.3m | €1.3m | ▲ 4.1% |
| Remuneration, social security and pensions62 | - | - | - | €0.6m | €0.7m | €0.8m | €0.7m | ▼ 14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 10.7% |
| Other operating charges640/8 | - | - | - | €0.03m | €0.02m | €0.03m | €0.02m | ▼ 7.4% |
| Non-recurring operating charges66A | - | - | - | €0 | - | - | €0.05m | - |
| Operating profit (loss)9901 | €0.1m | €0.09m | €0.2m | €0.2m | €0.3m | €0.4m | €0.5m | ▲ 40.0% |
| Financial income75/76B | - | - | - | €0.05m | €0.02m | €0.01m | €0.04m | ▲ 170% |
| Recurring financial income75 | €0.02m | €0.01m | €0.02m | €0.05m | €0.02m | €0.01m | €0.04m | ▲ 170% |
| Other financial income752/9 | - | - | - | €0.05m | €0.02m | €0.01m | €0.04m | ▲ 170% |
| Financial charges65/66B | - | - | - | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 63.7% |
| Recurring financial charges65 | €0.1m | €0.09m | €0.1m | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 63.7% |
| Debt charges650 | €0.04m | €0.04m | €0.08m | €0.09m | €0.1m | €0.2m | €0.2m | ▲ 30.0% |
| Other financial charges652/9 | - | - | - | €0.07m | €0.03m | €0.04m | €0.1m | ▲ 195% |
| Profit (loss) for the period before taxes9903 | €0.05m | €0.02m | €0.07m | €0.1m | €0.2m | €0.2m | €0.3m | ▲ 26.7% |
| Income taxes67/77 | €0.03m | €0.01m | €0.006m | €0.03m | €0.06m | €0.06m | €0.08m | ▲ 35.4% |
| Taxes670/3 | - | - | - | €0.03m | €0.06m | €0.06m | €0.08m | ▲ 35.4% |
| Profit (loss) for the period9904 | €0.02m | €0.005m | €0.07m | €0.07m | €0.1m | €0.1m | €0.2m | ▲ 23.1% |
| Profit (loss) for the period to be appropriated9905 | €0.02m | €0.005m | €0.07m | €0.07m | €0.1m | €0.1m | €0.2m | ▲ 23.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €4.4m | €3.9m | €4.2m | €5.0m | €3.7m | €3.2m | €3.2m | ▼ 0.1% |
| Fixed assets21/28 | €0.6m | €0.5m | €0.5m | €0.5m | €0.5m | €0.6m | €0.6m | ▼ 1.8% |
| Intangible fixed assets21 | €0.02m | €0.07m | €0.08m | €0.09m | €0.2m | €0.2m | €0.2m | ▼ 5.2% |
| Tangible fixed assets22/27 | €0.6m | €0.5m | €0.4m | €0.4m | €0.3m | €0.3m | €0.3m | ▲ 1.5% |
| Land and buildings22 | - | - | - | €0.005m | €0.008m | €0.01m | €0.01m | ▼ 7.1% |
| Plant, machinery and equipment23 | - | - | - | €0.02m | €0.04m | €0.07m | €0.08m | ▲ 17.7% |
| Furniture and vehicles24 | - | - | - | €0.06m | €0.06m | €0.06m | €0.1m | ▲ 113% |
| Other tangible fixed assets26 | - | - | - | €0.3m | €0.2m | €0.2m | €0.1m | ▼ 43.4% |
| Financial fixed assets28 | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | €0 | ▼ 100% |
| Other financial fixed assets284/8 | - | - | - | €0.003m | €0.003m | €0.003m | €0 | ▼ 100% |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.003m | €0.003m | €0.003m | €0 | ▼ 100% |
| Current assets29/58 | €3.8m | €3.4m | €3.7m | €4.5m | €3.2m | €2.6m | €2.6m | ▲ 0.3% |
| Stocks and contracts in progress3 | €2.7m | €2.5m | €2.8m | €3.4m | €1.9m | €1.4m | €1.8m | ▲ 28.0% |
| Stocks30/36 | - | - | - | €3.4m | €1.9m | €1.4m | €1.8m | ▲ 28.0% |
| Goods purchased for resale34 | - | - | - | €3.4m | €1.9m | €1.4m | €1.8m | ▲ 28.0% |
| Amounts receivable within one year40/41 | €1.0m | €0.6m | €0.8m | €1.0m | €1.2m | €1.2m | €0.8m | ▼ 29.5% |
| Trade receivables40 | - | - | - | €1.0m | €1.2m | €1.2m | €0.8m | ▼ 29.9% |
| Other amounts receivable41 | - | - | - | - | - | - | €0.005m | - |
| Cash at bank and in hand54/58 | €0.09m | €0.2m | €0.2m | €0.06m | €0.1m | €0.07m | €0.04m | ▼ 41.1% |
| Deferred charges and accrued income490/1 | - | - | - | €0 | - | €0.006m | €0 | ▼ 100% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €4.4m | €3.9m | €4.2m | €5.0m | €3.7m | €3.2m | €3.2m | ▼ 0.1% |
| Equity10/15 | €0.8m | €0.8m | €0.9m | €0.9m | €1.0m | €1.1m | €1.3m | ▲ 15.8% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Capital10 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Issued capital100 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.7m | €0.7m | €0.7m | €0.7m | €0.9m | €1.0m | €1.2m | ▲ 18.0% |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Legal reserve130 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Distributable reserves133 | - | - | - | €0.7m | €0.8m | €1.0m | €1.2m | ▲ 18.2% |
| Amounts payable17/49 | €3.6m | €3.1m | €3.4m | €4.1m | €2.7m | €2.1m | €1.9m | ▼ 8.9% |
| Amounts payable after more than one year17 | €0.6m | €0.5m | €0.5m | €0.7m | €1.1m | €0.06m | €0.8m | ▲ 1,124% |
| Financial debts170/4 | - | - | - | €0.7m | €1.1m | €0.06m | €0.8m | ▲ 1,124% |
| Subordinated loans170 | - | - | - | €0.6m | €0 | - | - | - |
| Credit institutions173 | - | - | - | €0.1m | €0.07m | €0.03m | €0.02m | ▼ 44.0% |
| Other loans174 | - | - | - | - | €1.0m | €0.03m | €0.8m | ▲ 2,226% |
| Amounts payable within one year42/48 | €3.1m | €2.6m | €2.8m | €3.4m | €1.5m | €1.9m | €1.0m | ▼ 47.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.04m | €0.04m | €0.04m | €0.1m | ▲ 216% |
| Financial debts43 | - | - | - | €2.5m | €0.6m | €0.5m | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €2.5m | €0.6m | €0.5m | €0 | ▼ 100% |
| Trade debts44 | €0.8m | €0.1m | €0.3m | €0.7m | €0.5m | €0.8m | €0.5m | ▼ 38.7% |
| Suppliers440/4 | - | - | - | €0.7m | €0.5m | €0.8m | €0.5m | ▼ 38.7% |
| Advances received on contracts in progress46 | - | - | - | - | - | €0.01m | €0.02m | ▲ 44.9% |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.4m | €0.6m | €0.4m | ▼ 33.2% |
| Taxes450/3 | - | - | - | €0.06m | €0.4m | €0.5m | €0.3m | ▼ 29.2% |
| Remuneration and social security454/9 | - | - | - | €0.04m | €0.06m | €0.09m | €0.04m | ▼ 55.2% |
| Other amounts payable47/48 | - | - | - | €0.07m | €0.001m | €0 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.03m | €0.03m | €0.04m | €0.06m | ▲ 29.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,098 | €5,211 | €67,765 | €70,010 | €115,701 | €145,879 | €179,544 | ▲ 23.1% |
| + Depreciation and write-downs630 | €98,395 | €109,639 | €124,031 | €137,093 | €137,486 | €147,504 | €163,319 | ▲ 10.7% |
| Operating cash flow (approximation) | €122,493 | €114,850 | €191,796 | €207,104 | €253,186 | €293,383 | €342,863 | ▲ 16.9% |
| Investment in fixed assets (approximation) | - | -€27,102 | -€122,329 | -€71,598 | -€148,872 | -€239,249 | -€152,813 | ▲ 36.1% |
| Change in cash | - | €145,348 | -€69,247 | -€103,330 | €45,765 | -€39,793 | -€28,321 | ▲ 28.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-07-2025 | full format | 07-02-2026 | 2026-00036591 |
| 31-07-2024 | full format | 09-01-2025 | 2025-00004797 |
| 31-07-2023 | full format | 29-02-2024 | 2024-00037967 |
| 31-07-2022 | full format | 22-03-2023 | 2023-00044062 |
| 31-07-2021 | full format | 24-02-2022 | 2022-06800057 |
| 31-07-2020 | full format | 11-12-2020 | 2020-75800375 |
| 31-07-2019 | full format | 28-02-2020 | 2020-06000247 |
| 31-07-2018 | full format | 27-02-2019 | 2019-06200489 |
| 31-07-2017 | full format | 28-02-2018 | 2018-06000039 |
| 31-07-2016 | abbreviated format | 20-03-2017 | 2017-06900195 |
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Subsidies and aid
Flemish government
2022 to 2023 · 2 entries · €1,642 awarded · €1,642 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2023 | 1 | €338 | €338 |
| 2022 | 1 | €1,304 | €1,304 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
2 directors, 2 in day-to-day management, last change in 2026
Board 2
BV Arctopol
CurrentDirector (not named in the articles) · since 01-02-2026 · Legal entity · permanent representative: Guillaume De Potter
BV KALMIDRA
CurrentDirector (not named in the articles) · since 01-02-2026 · Legal entity · permanent representative: Kristien Loontjens
Day-to-day management 2
BV Arctopol
CurrentManaging director and day-to-day manager · since 01-02-2026 · Legal entity · permanent representative: Guillaume De Potter
BV KALMIDRA
CurrentManaging director and day-to-day manager · since 01-02-2026 · Legal entity · permanent representative: Kristien Loontjens
Permanent representatives 2
Guillaume De Potter
CurrentPermanent representative · since 01-02-2026 · for BV Arctopol
Kristien Loontjens
CurrentPermanent representative · since 01-02-2026 · for BV KALMIDRA
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
8 of this company's 9 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
4 people since 2026, 2 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| BV Arctopol |
|
| BV KALMIDRA |
|
| BV THOMAS GHEYLE |
|
| David Holvoet |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
17-06
Gazette deed
Resignations: David Holvoet (director) and BV THOMAS GHEYLE (director)Permanent representatives: Thomas Gheyle, Kristien Loontjens and Guillaume De Potter · Appointments: BV KALMIDRA (director) and BV Arctopol (director) · Declaration19 facts ▸
Gazette deed
Resignations: David Holvoet (director) and BV THOMAS GHEYLE (director)
Permanent representatives: Thomas Gheyle, Kristien Loontjens and Guillaume De Potter · Appointments: BV KALMIDRA (director) and BV Arctopol (director) · Declaration19 facts ▸
- General meeting, 16-04-2026
- Director resignation, David Holvoet (director (not named in the articles))
- Director resignation, BV THOMAS GHEYLE (director (not named in the articles))
- Permanent representative, Thomas Gheyle
- Declaration, “kennisgeving en akkoord met ontslag vaste vertegenwoordiger” (deed in Dutch)
- Director appointment, BV KALMIDRA (director (not named in the articles))
- Declaration, “bekrachtiging daden van bestuur, vandaag” (deed in Dutch) (2 times)
- Permanent representative, Kristien Loontjens
- Declaration, “kennisgeving en akkoord met benoeming vaste vertegenwoordiger” (deed in Dutch) (2 times)
- Director appointment, BV Arctopol (director (not named in the articles))
- Permanent representative, Guillaume De Potter
- Board meeting, 16-04-2026
- +7 further facts in this act
07-02
NBB filing
Annual accounts filed
financial year 2025 · full format
2025
31-07
Financial
Highest result from 2019 to 2025net €179,544 ▲23.1%
Operating result €537,509, net result €179,544, both a record.
09-01
NBB filing
Annual accounts filed
financial year 2024 · full format
2024
31-07
Financial
Equity above €1mequity €1.1m ▲14.7%
A profit in every financial year since 2019 builds equity to €1.1m.
29-02
NBB filing
Annual accounts filed
financial year 2023 · full format
2023
22-03
NBB filing
Annual accounts filed
financial year 2022 · full format · 22 days late
2022
24-02
NBB filing
Annual accounts filed
financial year 2021 · full format
2020
11-12
NBB filing
Annual accounts filed
financial year 2020 · full format
31-07
Financial
Weakest financial yearnet €5,211 ▼78.4%
Net result drops to €5,211, the lowest in the series; recovery starts the following year.
28-02
NBB filing
Annual accounts filed
financial year 2019 · full format
2019
27-02
NBB filing
Annual accounts filed
financial year 2018 · full format
2018
28-02
NBB filing
Annual accounts filed
financial year 2017 · full format
2017
20-03
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format · 20 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 25 annual accounts filed, the latest 10 are here; all 25 are under Financials.
1 of 9 deeds read
About the unread acts
Of the 9 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPublic limited company
Founded25-08-2000
Financial year end31-07
Activities, NACEBEL 2025
46130Agents in the wholesale of timber and building materials
46832Wholesale of timber
46831Wholesale of construction materials, general range
46900Non-specialised wholesale trade
71209Other technical testing and analysis
73200Market research and public opinion polling
E-invoicing
Reachable via Peppol
Peppol ID
0208:0472587562
Registered
05-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 20 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
5493000QUL7BDNCTGO23
Environmental permits
2 applications in Flanders since 2018
Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning)
Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning)
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Brugge · 1 establishment unit since 2010
Ground area
2.1 ha
Building footprint
1.1 ha
Building volume
94,674 m³
Parcel 31807I0067/00G003, Flanders · tallest building 12.9 m. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
SOLID INTERNATIONAL
since 2010unit no. 2.188.986.231
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31807I0067/00G003 | Flanders | 2.1 ha | 1 · 1.1 ha | 12.9 m · 3 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
- Board ruleHow the board is made up, meets and takes decisions.
- 2 provisions in the deed
Read from the deeds: 2 provisions, deed of 17-06-2026