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SOLID INVESTER

Active
Private limited companyfounded 200422 yrs activePicardstraat 20, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0864.547.538
Summary

The computed 12-month bankruptcy probability of SOLID INVESTER is 1.8% (moderate). The 2024 annual accounts show equity of €10,222 and a net result of €39,665. Equity is growing by ~104% per year across the filed fiscal years. The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability78▲+56
Solvency28▲+7
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.64 against 0.81 in 2023; short-term debt: 45.1% of total assets), and 97.2% 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+raises risk
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 22 years 0 30 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
2.8%
Return on assets
10.8%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-12-2025, 145 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
145 d late
2023
85 d late
2022
70 d late
2021
25 d late
2020
31 d late
2019
98 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 76 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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 5 April 2004, SOLID INVESTER was incorporated.1 Total assets went from EUR 647,354 in 2018 to EUR 366,408 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€10,222
2023 · -€29,443
Total assets
€366,408▼ 45.0%
2023 · €666,574
Net result
€39,665
2023 · -€33,137
Working capital
-€59,753▲ 32.7%
2023 · -€88,813
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
Line20202021202220232024
Operating result€40,193▼ 10.6%€37,295▼ 7.2%€40,139▲ 7.6%€42,136▲ 5.0%€53,568▲ 27.1%
Net result€33,879▼ 5.1%€32,009▼ 5.5%€34,468▲ 7.7%-€33,137€39,665
Equity-€62,783▲ 35.0%-€30,774▲ 51.0%€3,694-€29,443€10,222
Total assets€690,662▲ 9.1%€634,251▼ 8.2%€621,004▼ 2.1%€666,574▲ 7.3%€366,408▼ 45.0%
Debt€753,446▲ 3.3%€665,026▼ 11.7%€617,310▼ 7.2%€696,017▲ 12.8%€356,186▼ 48.8%
Working capital-€131,089▲ 8.9%-€149,068▼ 13.7%-€124,235▲ 16.7%-€88,813▲ 28.5%-€59,753▲ 32.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000-€25,000€0€25,000€50,000Operating result 2020: €40,193€40,193Net result 2020: €33,879€33,879Operating result 2021: €37,295€37,295Net result 2021: €32,009€32,009Operating result 2022: €40,139€40,139Net result 2022: €34,468€34,468Operating result 2023: €42,136€42,136Net result 2023: -€33,137-€33,137Operating result 2024: €53,568€53,568Net result 2024: €39,665€39,66520202021202220232024-€50,000-€25,000€0€25,000€50,000Operating result 2022: €40,139€40,100Net result 2022: €34,468€34,500Operating result 2023: €42,136€42,100Net result 2023: -€33,137-€33,100Operating result 2024: €53,568€53,600Net result 2024: €39,665€39,700202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 27% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €366,408
Fixed assets €260,934 ▼ 7.8%
Current assets €105,474 ▼ 72.5%
Equity and liabilities €366,408
Equity €10,222
Debt €356,186
Debt finances 97.2% of the balance-sheet total.
Key figures and ratios
2024 value · change against 2023
EBITDA
€75,499▲
2023 · €75,318
Cash flow
€61,596▲
2023 · €44
Current ratio
0.64▼
2023 · 0.81
Debt to equity
34.85▲
2023 · -23.64
ROE
388.0%
ROA
10.8%▲
2023 · -5.0%
Interest coverage
5.43▲
2023 · 1.12
Debt ≤ 1 year
€165,227▼
2023 · €472,520
Debt > 1 year
€100,632▼
2023 · €142,418
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 931 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
1.9% went bankrupt
4.6% stopped otherwise
93% 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 1.8% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.9%
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% 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 931 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 · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€666,574€366,408▼
Fixed assets21/28€282,866€260,934▼
Tangible fixed assets22/27€282,866€260,934▼
Land and buildings22€282,866€260,934▼
Other tangible fixed assets26€0€0=
Current assets29/58€383,708€105,474▼
Amounts receivable after more than one year29€30,500-
Other amounts receivable291€30,500-
Amounts receivable within one year40/41€329,200€80,678▼
Other amounts receivable41€329,200€80,678▼
Deferred charges and accrued income490/1€24,008€24,796▲
Equity and liabilities
Total equity and liabilities10/49€666,574€366,408▼
Equity10/15-€29,443€10,222▲
Contributions10/11€20,000€20,000=
Profit (loss) carried forward14-€49,443-€9,778▲
Amounts payable17/49€696,017€356,186▼
Amounts payable after more than one year17€142,418€100,632▼
Financial debts170/4€142,418€100,632▼
Amounts payable within one year42/48€472,520€165,227▼
Current portion of amounts payable after more than one year42€51,867€50,028▼
Financial debts43€2,182€4,007▲
Credit institutions430/8€2,182€4,007▲
Trade debts44€5,950€1,192▼
Suppliers440/4€5,950€1,192▼
Other amounts payable47/48€412,521€110,000▼
Accrued charges and deferred income492/3€81,078€90,328▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,182€21,932▼
Other operating charges640/8€977€1,717▲
Gross operating margin9900€76,294€77,216▲
Operating profit (loss)9901€42,136€53,568▲
Financial charges65/66B€67,481€13,903▼
Recurring financial charges65€67,481€13,903▼
Profit (loss) for the period before taxes9903-€25,345€39,665▲
Income taxes67/77€7,792-
Profit (loss) for the period9904-€33,137€39,665▲
Profit (loss) for the period to be appropriated9905-€33,137€39,665▲
Appropriation of the result
Profit (loss) to be appropriated9906-€49,443-€9,778▲
Profit (loss) brought forward from the previous period14P-€16,306-€49,443▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,182€33,182€33,182€33,182€21,932▼ 33.9%
Other operating charges640/8-€6,858€1,164€977€1,717▲ 75.8%
Gross operating margin9900€77,925€77,335€74,484€76,294€77,216▲ 1.2%
Operating profit (loss)9901€40,193€37,295€40,139€42,136€53,568▲ 27.1%
Financial income75/76B--€111---
Recurring financial income75--€111---
Financial charges65/66B-€5,286€5,782€67,481€13,903▼ 79.4%
Recurring financial charges65€6,313€5,286€5,782€67,481€13,903▼ 79.4%
Profit (loss) for the period before taxes9903€33,879€32,009€34,468-€25,345€39,665▲ 256%
Income taxes67/77---€7,792--
Profit (loss) for the period9904€33,879€32,009€34,468-€33,137€39,665▲ 220%
Profit (loss) for the period to be appropriated9905€33,879€32,009€34,468-€33,137€39,665▲ 220%
Line20202021202220232024Change
Assets
Total assets20/58€690,662€634,251€621,004€666,574€366,408▼ 45.0%
Fixed assets21/28€382,411€349,229€316,048€282,866€260,934▼ 7.8%
Tangible fixed assets22/27€382,411€349,229€316,048€282,866€260,934▼ 7.8%
Land and buildings22-€349,229€316,048€282,866€260,934▼ 7.8%
Other tangible fixed assets26---€0€0-
Current assets29/58€308,251€285,022€304,956€383,708€105,474▼ 72.5%
Amounts receivable after more than one year29-€30,500€30,500€30,500--
Other amounts receivable291-€30,500€30,500€30,500--
Amounts receivable within one year40/41€223,700€224,700€266,210€329,200€80,678▼ 75.5%
Trade receivables40--€10---
Other amounts receivable41-€224,700€266,200€329,200€80,678▼ 75.5%
Cash at bank and in hand54/58€51€25,907€2,943---
Deferred charges and accrued income490/1-€3,916€5,303€24,008€24,796▲ 3.3%
Equity and liabilities
Total equity and liabilities10/49€690,662€634,251€621,004€666,574€366,408▼ 45.0%
Equity10/15-€62,783-€30,774€3,694-€29,443€10,222▲ 135%
Contributions10/11-€20,000€20,000€20,000€20,000=
Profit (loss) carried forward14-€82,783-€50,774-€16,306-€49,443-€9,778▲ 80.2%
Amounts payable17/49€753,446€665,026€617,310€696,017€356,186▼ 48.8%
Amounts payable after more than one year17€294,021€230,936€188,118€142,418€100,632▼ 29.3%
Financial debts170/4-€230,936€188,118€142,418€100,632▼ 29.3%
Amounts payable within one year42/48€439,341€434,090€429,191€472,520€165,227▼ 65.0%
Current portion of amounts payable after more than one year42-€48,463€48,912€51,867€50,028▼ 3.5%
Financial debts43---€2,182€4,007▲ 83.6%
Credit institutions430/8---€2,182€4,007▲ 83.6%
Trade debts44€3,398€348-€5,950€1,192▼ 80.0%
Suppliers440/4-€348-€5,950€1,192▼ 80.0%
Other amounts payable47/48-€385,280€380,280€412,521€110,000▼ 73.3%
Accrued charges and deferred income492/3---€81,078€90,328▲ 11.4%
Line20202021202220232024Change
Profit (loss) for the period9904€33,879€32,009€34,468-€33,137€39,665▲ 220%
+ Depreciation and write-downs630€33,182€33,182€33,182€33,182€21,932▼ 33.9%
Operating cash flow (approximation)€67,061€65,191€67,650€44€61,596▲ 138,693%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€25,855-€22,963---

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

2025
23-12
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 145 days late
2024
31-12
Financial Back to profitnet €39,665
Net result €39,665 after one loss-making year.
24-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 85 days late
2023
31-12
Financial Weakest financial yearnet -€33,137
Net result drops to -€33,137, the lowest in the series; recovery starts the following year.
09-10
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 70 days late
2022
25-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
06-11
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 98 days late
02-11
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 460 days late
2019
31-12
Financial Back to profitnet €35,710
Net result €35,710 after one loss-making year.
2018
25-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 56 days late
2017
27-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 58 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Sint-Jans-Molenbeek · 1 establishment unit since 2004
seat establishment approximate The establishment unit on the map
Ground area
243 m²
Building footprint
252 m²
Volume, LiDAR
3,232 m³
2 parcels, Brussels, Flanders · tallest building 17.4 m, ±5 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
SOLID INVESTER
Rotterdamstraat 79, 2060 AntwerpenNACE 70120
since 20042.136.650.474
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21012A0157/00W002 Brussels 182 m² 1 · 182 m² 17.4 m · 5 fl.
11805E1280/00D007indicative Flanders 61 m² 1 · 70 m² 16.1 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 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

2 owners

Chain of control

  1. BELGISCH VERZEKERING REGISTRATIE BURO - BUREAU POUR LA REGISTRATION DES ASSURANCES BELGES 99%
  2. SOLID INVESTER

Highest known parent: BELGISCH VERZEKERING REGISTRATIE BURO - BUREAU POUR LA REGISTRATION DES ASSURANCES BELGES. The sources do not say who stands above it.

Owners 2

Holdings 0

The accounts to 31-12-2022 list no holdings, and no other source names one.

According to the 2022 annual accounts of SOLID INVESTER and those 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded05-04-2004
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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