Solid Media
The computed 12-month bankruptcy probability of Solid Media is 3.2% (moderate). The 2023 annual accounts show negative equity (€-509k) and a net result of €-544k. Equity is shrinking by ~114.7% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-509k |
| Net result | €-544k |
| Staff (FTE) | 22.6 |
| Active | 5 yrs |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €-457k |
| Net profit | €-544k |
| Cash flow | €-486k |
| Staff costs | €1.33M |
| Income taxes | €930 |
| Dividends | - |
| Total assets | €641k |
| Equity | €-509k |
| Debt | €1.15M |
| of which ≤ 1y | €965k |
| of which > 1y | €93k |
| Working capital | €-588k |
| Employees (FTE) | 22.6 |
| 2023 | |
|---|---|
| Current ratio | 0.39 |
| Quick ratio | 0.39 |
| Working capital ratio | -91.8% |
| Solvency | -79.4% |
| Debt / equity | -2.26 |
| Long-term debt ratio | -0.18 |
| Interest coverage | -14.14 |
| Gross margin | - |
| Net margin | - |
| ROA | -85.0% |
| ROE | 107.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €641k |
| Fixed assets | 21/28 | €263k |
| Intangible fixed assets | 21 | €31k |
| Tangible fixed assets | 22/27 | €232k |
| Financial fixed assets | 28 | €320 |
| Current assets | 29/58 | €377k |
| Amounts receivable within one year | 40/41 | €311k |
| Cash & bank | 54/58 | €29k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €641k |
| Equity | 10/15 | €-509k |
| Contributions / capital | 10/11 | €35k |
| Accumulated profits (losses) | 14 | €-544k |
| Amounts payable | 17/49 | €1.15M |
| Amounts payable after one year | 17 | €93k |
| Amounts payable within one year | 42/48 | €965k |
| Trade debts payable within one year | 44 | €216k |
| Income statement | ||
| Gross operating margin | 9900 | €890k |
| Operating result | 9901 | €-515k |
| Financial income | 75 | €4k |
| Financial charges | 65 | €32k |
| Result before taxes | 9903 | €-544k |
| Income taxes | 67/77 | €930 |
| Net result for the period | 9904 | €-544k |
| Result to be appropriated | 9905 | €-544k |
| NACE primary | Advertising & market research(73300) |
| Legal form | Private limited company(610) |
| Incorporation | 18-08-2020 |
| Status | Active |
| Postal code | 3500 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71322A0540/00E002 | Flanders | 1,801 m² | 1 · 1,499 m² | 21.4 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
22-07-2025 2 directors appointed
- BDO Bedrijfsrevisoren BV, Commissaris
- Gert Maris, Vaste vertegenwoordiger
Technical details
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}21-08-2024 Jo Mellemans appointed as director
- Jo Mellemans, Bestuurder
Technical details
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}18-07-2024 4 directors appointed, 1 resigning correction
- Maxime Monard, Vaste vertegenwoordiger
- Thomas Ramaekers, Vaste vertegenwoordiger
- Justine Dhoore, Vaste vertegenwoordiger
- Simge Vatanlar, Vaste vertegenwoordiger
- TEJEST Invest BV, Bestuurder
Technical details
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],
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}06-12-2022 Registered office moved from Genk to Hasselt
- C-Mine 12, 3600 Genk → 3500 Hasselt, Kempische Steenweg 305 bus 300
Technical details
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"notulen van de vergadering van het bestuursorgaan dd 21.11.2022"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Solid Media |