Solid Media
ActiveSummary
The computed 12-month bankruptcy probability of Solid Media is 2.3% (moderate). The 2025 annual accounts show negative equity (€-2.44M) and a net result of €-890k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 1648 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.1 against 0.13 in 2024; short-term debt: 944.2% and cash: 20.9% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
-854.1%
Return on assets
-311.9%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-2.44M
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 23-07-2026, 8 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
8 d early
2024
9 d early
2023
30 d early
2022
81 d early
2021
41 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-2.44M▼ 57.5%
2024 · €-1.55M
2021: €-154k
2022: €36k▲ +123% vs 2021highest in 5 years
2023: €-509k▼ -1517% vs 2022
2024: €-1.55M▼ -204% vs 2023
2025: €-2.44M▼ -57.5% vs 2024lowest in 5 years
2021 → 2025
Total assets
€285k▼ 37.6%
2024 · €457k
2021: €316k
2022: €894k▲ +183% vs 2021highest in 5 years
2023: €641k▼ -28.3% vs 2022
2024: €457k▼ -28.7% vs 2023
2025: €285k▼ -37.6% vs 2024lowest in 5 years
2021 → 2025
Net result
€-890k▲ 14.3%
2024 · €-1.04M
2021: €-189k
2022: €190k▲ +200% vs 2021highest in 5 years
2023: €-544k▼ -386% vs 2022
2024: €-1.04M▼ -90.5% vs 2023lowest in 5 years
2025: €-890k▲ +14.3% vs 2024
2021 → 2025
Working capital
€-2.42M▼ 46.0%
2024 · €-1.66M
2021: €-154k
2022: €-112k▲ +27.5% vs 2021highest in 5 years
2023: €-588k▼ -427% vs 2022
2024: €-1.66M▼ -182% vs 2023
2025: €-2.42M▼ -46.0% vs 2024lowest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-154k-€36k€-509k€-1.55M▼ 204%€-2.44M▼ 57.5%
2021: €-154k
2022: €36k▲ +123% vs 2021highest in 5 years
2023: €-509k▼ -1517% vs 2022
2024: €-1.55M▼ -204% vs 2023
2025: €-2.44M▼ -57.5% vs 2024lowest in 5 years
Operating result€-184k-€209k€-515k€-977k▼ 89.7%€-826k▲ 15.5%
2021: €-184k
2022: €209k▲ +214% vs 2021highest in 5 years
2023: €-515k▼ -346% vs 2022
2024: €-977k▼ -89.7% vs 2023lowest in 5 years
2025: €-826k▲ +15.5% vs 2024
Net result€-189k-€190k€-544k€-1.04M▼ 90.5%€-890k▲ 14.3%
2021: €-189k
2022: €190k▲ +200% vs 2021highest in 5 years
2023: €-544k▼ -386% vs 2022
2024: €-1.04M▼ -90.5% vs 2023lowest in 5 years
2025: €-890k▲ +14.3% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €826k in 2025 against €977k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €285k
Fixed assets
€15k ▼ 93.0%
Current assets
€270k ▲ 11.7%
Key figures and ratios
EBITDA
€-782k▲
2024 · €-923k
Cash flow
€-846k▲
2024 · €-983k
Solvency
-854.1%▼
2024 · -338.5%
Current ratio
0.10▼
2024 · 0.13
Debt to equity
-1.12▲
2024 · -1.30
ROA
-311.9%▼
2024 · -227.1%
Interest coverage
-12.40▲
2024 · -16.58
Debt
€2.72M▲
2024 · €2.00M
Debt ≤ 1 year
€2.69M▲
2024 · €1.90M
Debt > 1 year
€28k▼
2024 · €61k
Income taxes
€2k▼
2024 · €7k
Staff costs
€564k▼
2024 · €1.44M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €6k | €2k | ▼ 72.1% |
| Remuneration, social security and pensions62 | €714k | €1.28M | €1.33M | €1.44M | €564k | ▼ 60.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €22k | €58k | €54k | €44k | ▼ 19.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €714 | €5k | €4k | €3k | ▼ 32.8% |
| Other operating charges640/8 | €2k | €5k | €9k | €24k | €19k | ▼ 17.6% |
| Non-recurring operating charges66A | - | - | - | - | €156k | - |
| Gross operating margin9900 | €539k | €1.51M | €890k | €543k | €-40k | ▼ 107% |
| Operating profit (loss)9901 | €-184k | €209k | €-515k | €-977k | €-826k | ▲ 15.5% |
| Financial income75/76B | €129 | €3k | €4k | €3k | €2k | ▼ 36.9% |
| Recurring financial income75 | €129 | €3k | €4k | €3k | €2k | ▼ 36.9% |
| Financial charges65/66B | €4k | €13k | €32k | €56k | €63k | ▲ 13.4% |
| Recurring financial charges65 | €4k | €13k | €32k | €56k | €63k | ▲ 13.4% |
| Profit (loss) for the period before taxes9903 | €-188k | €200k | €-544k | €-1.03M | €-888k | ▲ 13.8% |
| Income taxes67/77 | €1k | €9k | €930 | €7k | €2k | ▼ 74.3% |
| Profit (loss) for the period9904 | €-189k | €190k | €-544k | €-1.04M | €-890k | ▲ 14.3% |
| Profit (loss) for the period to be appropriated9905 | €-189k | €190k | €-544k | €-1.04M | €-890k | ▲ 14.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €316k | €894k | €641k | €457k | €285k | ▼ 37.6% |
| Fixed assets21/28 | €27k | €309k | €263k | €215k | €15k | ▼ 93.0% |
| Intangible fixed assets21 | €3k | €39k | €31k | €20k | - | - |
| Tangible fixed assets22/27 | €24k | €270k | €232k | €195k | €15k | ▼ 92.3% |
| Plant, machinery and equipment23 | €9k | €8k | €4k | €929 | - | - |
| Furniture and vehicles24 | €15k | €66k | €48k | €34k | €15k | ▼ 56.6% |
| Other tangible fixed assets26 | - | €196k | €180k | €160k | - | - |
| Financial fixed assets28 | €320 | €320 | €320 | - | - | - |
| Current assets29/58 | €289k | €585k | €377k | €242k | €270k | ▲ 11.7% |
| Amounts receivable within one year40/41 | €175k | €314k | €311k | €193k | €198k | ▲ 2.7% |
| Trade receivables40 | €149k | €311k | €306k | €181k | €146k | ▼ 19.3% |
| Other amounts receivable41 | €26k | €3k | €5k | €12k | €52k | ▲ 329% |
| Cash at bank and in hand54/58 | €83k | €229k | €29k | €23k | €60k | ▲ 163% |
| Deferred charges and accrued income490/1 | €31k | €43k | €37k | €26k | €12k | ▼ 53.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €316k | €894k | €641k | €457k | €285k | ▼ 37.6% |
| Equity10/15 | €-154k | €36k | €-509k | €-1.55M | €-2.44M | ▼ 57.5% |
| Contributions10/11 | €35k | €35k | €35k | €35k | €35k | = |
| Profit (loss) carried forward14 | €-189k | €881 | €-544k | €-1.58M | €-2.47M | ▼ 56.3% |
| Amounts payable17/49 | €470k | €858k | €1.15M | €2.00M | €2.72M | ▲ 35.9% |
| Amounts payable after more than one year17 | €15k | €160k | €93k | €61k | €28k | ▼ 54.0% |
| Financial debts170/4 | €15k | €160k | €93k | €61k | €28k | ▼ 54.0% |
| Amounts payable within one year42/48 | €443k | €697k | €965k | €1.90M | €2.69M | ▲ 41.6% |
| Current portion of amounts payable after more than one year42 | €23k | €23k | €49k | €35k | €36k | ▲ 2.5% |
| Financial debts43 | €100k | €282k | €467k | €60k | - | - |
| Credit institutions430/8 | €100k | €282k | €467k | €60k | - | - |
| Trade debts44 | €141k | €144k | €216k | €241k | €132k | ▼ 45.4% |
| Suppliers440/4 | €141k | €144k | €216k | €241k | €132k | ▼ 45.4% |
| Taxes, remuneration and social security45 | €178k | €150k | €159k | €124k | €0 | ▼ 100% |
| Taxes450/3 | €36k | €37k | €32k | €2k | - | - |
| Remuneration and social security454/9 | €141k | €113k | €126k | €121k | €0 | ▼ 100% |
| Other amounts payable47/48 | €2k | €98k | €75k | €1.44M | €2.53M | ▲ 75.1% |
| Accrued charges and deferred income492/3 | €13k | €864 | €91k | €41k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-189k | €190k | €-544k | €-1.04M | €-890k | ▲ 14.3% |
| + Depreciation and write-downs630 | €8k | €22k | €58k | €54k | €44k | ▼ 19.1% |
| Operating cash flow (approximation) | €-181k | €212k | €-486k | €-983k | €-846k | ▲ 14.0% |
| Investment in fixed assets (approximation) | - | €-303k | €-13k | €-6k | €156k | ▲ 2,874% |
| Change in cash | - | €146k | €-200k | €-6k | €37k | ▲ 680% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-1.04M
Net result drops to €-1.04M, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
11-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €190k
Net result €190k after one loss-making year.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Hasselt · 1 establishment unit since 2020
Ground area
1,801 m²
Building footprint
1,499 m²
Volume, LiDAR
25,659 m³
Parcel 71322A0540/00E002, Flanders · tallest building 21.5 m, ±5 floors. Linked by address, not a title deed.
20
companies at this address
See who is registered here
1 establishment unit
Captainwork
since 20202.306.237.653
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71322A0540/00E002 | Flanders | 1,801 m² | 1 · 1,499 m² | 21.4 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 682 EUR awarded · 682 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 682 EUR | 682 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,896. 5,295 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
Founded18-08-2020
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
73300Public relations and communication consultancy
63910Web portal activities
70200Business and other management consultancy
78100Employment placement agencies
82100Office administrative and support services
96999Other personal services
Scores and ratios are computed by Checked and are not a credit decision.