SOLID IRON BV
ActiveSummary
The computed 12-month bankruptcy probability of SOLID IRON BV is 5.6% (elevated). The 2024 annual accounts show equity of €365,767 and a net result of €52,227. Equity has been growing by about 52% per year since 2019. Its solvency ranks better than 22% of 9,537 sector peers (NACE 47, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 21-03-2018 Normal situation
- Activity
- Retail trade NACE 47712
- Establishment units
- 2.274.420.267 2000 Antwerpen, since 21-03-2018
- 2.330.937.219 3500 Hasselt, since 01-04-2022and 7 others
- Financial year end
- 31 December
- Peppol
- Reachable since 13-08-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 5.6%
- Gross margin
- €1.7m
- ▼ 4.4%
- Turnover
- ≈ €4.2m
- estimated
- Profit
- €52,227
- ▼ 64.8%
- Equity
- €365,767
- ▲ 16.7%
- Total assets
- €2.4m
- ▲ 25.4%
- Employees on 31-12-2024
- 26
- ▼ 18.8%
- 2025 accounts not filed, 95 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 10-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 69 days late; 1 of the last 3 accounts lateFounded in 20189 establishment unitsShow the evidence
Checked score
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 47, small). It does better than 29% of them on solvency, 41% on liquidity, 59% on profitability and 74% on growth.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 6 accounts on average 52 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, abbreviated format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 3 November 2026.
Annual accounts 2024 filed on 08-10-2025 PDF all 6 filings
Every figure per financial year
The operating result for 2024 is 41% lower than in 2023.
- 2023 Staff (FTE) +54% on 2022. The accounts now follow the abbreviated format, last year the micro format.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 7 | 31 | 32 | 26 |
| full-time | 7 | 26 | 25 | 15 |
| part-time | - | 5 | 7 | 11 |
| in full-time equivalents | 7 | 28.8 | 29.2 | 22.2 |
| Average over the year, in full-time equivalents | 6.7 | 19.5 | 30 | 26.9 |
| On a permanent contract | 7 | 7 | 4 | 6 |
| Joined | 10 | 62 | 29 | 24 |
| Left | 12 | 37 | 28 | 30 |
Source: social balance sheet in the 2021 to 2024 annual accounts
Overdue debts
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Overdue tax debts | - | - | €170,280 | - |
Source: notes to the 2021 to 2024 annual accounts (statement of debts)
Investments
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Tangible fixed assets | €27,077 | €152,929 | €154,235 | €162,032 |
| Financial fixed assets | €18,950 | €135,500 | €78,000 | - |
| Depreciation and write-downs of the year | €3,054 | €16,734 | €56,315 | €96,286 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Turnover70 | €1.1m | €0.5m | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | €0.2m | €0.7m | €1.4m | €1.3m | ▼ 6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €247 | €0.003m | €0.02m | €0.06m | €0.1m | ▲ 71.0% |
| Other operating charges640/8 | - | - | €0.02m | €0.04m | €0.1m | €0.1m | ▲ 5.4% |
| Non-recurring operating charges66A | - | - | €0.001m | €0.001m | - | €0.05m | - |
| Gross operating margin9900 | €0.3m | €0.05m | €0.3m | €0.9m | €1.7m | €1.7m | ▼ 4.4% |
| Operating profit (loss)9901 | €0.2m | -€0.05m | €0.06m | €0.08m | €0.2m | €0.1m | ▼ 41.5% |
| Financial income75/76B | - | - | - | €0.002m | €151 | €0.006m | ▲ 37× |
| Recurring financial income75 | - | - | - | €0.002m | €151 | €0.006m | ▲ 37× |
| Non-recurring financial income76B | - | - | - | - | - | €0.006m | - |
| Financial charges65/66B | - | - | €0.001m | €0.002m | €0.01m | €0.03m | ▲ 125% |
| Recurring financial charges65 | €0.04m | €0.001m | €0.001m | €0.002m | €0.01m | €0.03m | ▲ 125% |
| Profit (loss) for the period before taxes9903 | €0.1m | -€0.05m | €0.06m | €0.08m | €0.2m | €0.1m | ▼ 49.2% |
| Income taxes67/77 | €0.03m | - | €0.01m | €0.02m | €0.05m | €0.05m | ▲ 0.9% |
| Profit (loss) for the period9904 | €0.1m | -€0.05m | €0.05m | €0.06m | €0.1m | €0.05m | ▼ 64.8% |
| Profit (loss) for the period to be appropriated9905 | €0.1m | -€0.05m | €0.05m | €0.06m | €0.1m | €0.05m | ▼ 64.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €0.4m | €0.4m | €0.5m | €0.9m | €1.9m | €2.4m | ▲ 25.4% |
| Fixed assets21/28 | - | €0.02m | €0.06m | €0.3m | €0.5m | €0.6m | ▲ 12.2% |
| Tangible fixed assets22/27 | - | €0.005m | €0.03m | €0.2m | €0.3m | €0.3m | ▲ 25.0% |
| Furniture and vehicles24 | - | - | - | €0.006m | €0.004m | €0.02m | ▲ 292% |
| Other tangible fixed assets26 | - | - | €0.03m | €0.2m | €0.3m | €0.3m | ▲ 20.4% |
| Financial fixed assets28 | - | €0.02m | €0.04m | €0.2m | €0.2m | €0.2m | ▼ 2.1% |
| Current assets29/58 | €0.4m | €0.4m | €0.4m | €0.5m | €1.4m | €1.8m | ▲ 30.1% |
| Amounts receivable after more than one year29 | - | - | €0.09m | €0.1m | - | - | - |
| Other amounts receivable291 | - | - | €0.09m | €0.1m | - | - | - |
| Stocks and contracts in progress3 | - | - | - | - | €1.0m | €1.3m | ▲ 32.5% |
| Stocks30/36 | - | - | - | - | €1.0m | €1.3m | ▲ 32.5% |
| Amounts receivable within one year40/41 | €0.3m | €0.3m | €0.2m | €0.08m | €0.09m | - | - |
| Trade receivables40 | - | - | €0.03m | €0.08m | €0.09m | - | - |
| Other amounts receivable41 | - | - | €0.2m | €17 | - | - | - |
| Cash at bank and in hand54/58 | €0.07m | €0.08m | €0.1m | €0.3m | €0.3m | €0.5m | ▲ 36.3% |
| Deferred charges and accrued income490/1 | - | - | €0.001m | €0.03m | €0.006m | €0.08m | ▲ 12× |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €0.4m | €0.4m | €0.5m | €0.9m | €1.9m | €2.4m | ▲ 25.4% |
| Equity10/15 | €0.1m | €0.06m | €0.1m | €0.2m | €0.3m | €0.4m | ▲ 16.7% |
| Contributions10/11 | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Reserves13 | - | - | €0.1m | €0.2m | €0.3m | €0.4m | ▲ 17.0% |
| Distributable reserves133 | - | - | €0.1m | €0.2m | €0.3m | €0.4m | ▲ 17.0% |
| Profit (loss) carried forward14 | €0.1m | €0.05m | - | - | - | - | - |
| Amounts payable17/49 | €0.3m | €0.4m | €0.4m | €0.7m | €1.6m | €2.0m | ▲ 27.1% |
| Amounts payable after more than one year17 | - | - | - | - | - | €0.4m | - |
| Financial debts170/4 | - | - | - | - | - | €0.4m | - |
| Amounts payable within one year42/48 | €0.3m | €0.4m | €0.4m | €0.6m | €1.5m | €1.6m | ▲ 5.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | €0.005m | - |
| Financial debts43 | - | - | - | - | - | €0.06m | - |
| Credit institutions430/8 | - | - | - | - | - | €0.06m | - |
| Trade debts44 | - | €0.05m | €0.07m | €0.06m | €0.4m | €0.06m | ▼ 86.0% |
| Suppliers440/4 | - | - | €0.07m | €0.06m | €0.4m | €0.06m | ▼ 86.0% |
| Taxes, remuneration and social security45 | - | - | €0.3m | €0.6m | €0.7m | €0.6m | ▼ 17.7% |
| Taxes450/3 | - | - | €0.3m | €0.3m | €0.4m | €0.4m | ▼ 11.7% |
| Remuneration and social security454/9 | - | - | €0.02m | €0.2m | €0.3m | €0.2m | ▼ 25.9% |
| Other amounts payable47/48 | - | - | - | €0.03m | €0.4m | €0.9m | ▲ 140% |
| Accrued charges and deferred income492/3 | - | - | €0.005m | €0.06m | €0.04m | €0.007m | ▼ 83.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €105,302 | -€53,691 | €46,783 | €60,646 | €148,299 | €52,227 | ▼ 64.8% |
| + Depreciation and write-downs630 | - | €247 | €3,054 | €16,734 | €56,315 | €96,286 | ▲ 71.0% |
| Operating cash flow (approximation) | €105,302 | -€53,445 | €49,837 | €77,381 | €204,614 | €148,514 | ▼ 27.4% |
| Investment in fixed assets (approximation) | - | - | -€46,027 | -€275,929 | -€232,235 | -€157,032 | ▲ 32.4% |
| Change in cash | - | €7,059 | €42,499 | €166,820 | €48,177 | €121,664 | ▲ 153% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,372 companies had the same profile as SOLID IRON BV has now. Two years later, 96.6% were still going and 1.8% had gone bankrupt.
- Small
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SOLID IRON BV itself is higher: 5.6% within 12 months. It rests on far more data about SOLID IRON BV than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,372 companies, not a prediction for SOLID IRON BV. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | abbreviated format | 08-10-2025 | 2025-00537925 | |
| 31-12-2023 | abbreviated format | 03-06-2024 | 2024-00106590 | |
| 31-12-2022 | micro format | 28-07-2023 | 2023-00284453 | |
| 31-12-2021 | micro format | 04-08-2022 | 2022-20279967 | |
| 31-12-2020 | abbreviated format | 31-08-2021 | 2021-60800407 | |
| 31-12-2019 | abbreviated format | 23-04-2021 | 2021-11000451 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 03-08-2022 Converted to unavailable equity · €6,200
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| AMIRI Mirwais |
|
Network & group
SOLID IRON BV shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of SOLID IRON BV. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
31-08
Gazette deed
Company renamed from SAMIM to Solid Iron BVPower of attorney3 points ▸
- General meeting, “buitengewone algemene vergadering van vennoten” (deed in Dutch)
- Name change, Solid Iron BV
- Power of attorney
03-08
Gazette deed
Change of role: AMIRI Mirwais, from manager to directorCapital conversion · Reserve release · Amendment of the articles11 points ▸
- General meeting, 27-07-2022
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm BV, statuten aanpassen aan WVV” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing statutair onbeschikbare eigen vermogensrekening, opheffen en middelen beschikbaar maken voor uitkering” (deed in Dutch)
- Amendment of the articles
- Share issue, 200, “gelijk” (deed in Dutch)
- Other provision, “Statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Director resignation, AMIRI Mirwais (manager)
- Director appointment, AMIRI Mirwais (director (not named in the articles))
- Director discharge, AMIRI Mirwais
- Registered office clause, “Leysstraat 10,2000 Antwerpen” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Show 3 more units
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 38402D0336/00C000 | Flanders | 458 m² | 1 · 157 m² | 18.7 m · 6 |
| 21802B0128/00E000 | Brussels | 233 m² | 1 · 247 m² | 23.4 m · 5 |
| 71022H1275/00L000 | Flanders | 229 m² | 1 · 78 m² | 17.6 m · 5 |
| 44803C1177/00D000 | Flanders | 196 m² | 1 · 206 m² | 17.3 m · 5 |
| 31803C0057/00G000 | Flanders | 177 m² | 1 · 139 m² | 14.8 m · 4 |
| 11803C0240/00S002 | Flanders | 158 m² | 1 · 158 m² | 25.2 m · 7 |
| 35013A0856/00C000 | Flanders | 151 m² | 1 · 151 m² | 16.2 m · 1 |
| 24062A0852/00F000 | Flanders | 103 m² | 1 · 178 m² | 14.4 m · 3 |
| 31334B0957/00E000 | Flanders | 83 m² | 1 · 769 m² | 28.8 m · 8 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.