Solid-Property
ActiveSummary
Solid-Property has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.8m and a net result of -€574,166. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 18% of 868 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Overview
- Staff
- 4.6 FTE
- Equity
- €2.8m
- Loss
- -€574,166
- Parent
- SOLID CAPITAL · 99.6%
- Board
- 4 members
- Solid beheer & ontwikkelingManaging director · permanent representative Bart VAN DER PAAL
Why 62raises riskEquity €2.8m (12.4% of total assets)Liquidity: current ratio 1.13, cash €342,7171 change of registered office in 24 monthslowers riskFigures for financial year 2025 (filed 22-01-2026)Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro): better than 15% on solvency, 4% on liquidity, 13% on profitability and 40% on growth.
The bankruptcy probability was computed on 11-10-2026 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).
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Signals
This company filed its last 7 accounts on average 2 days after the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
- Resignation: AB+plan (director)Registered-office move
- Resignation: SOLID BEHEER & ONTWIKKELING (director)Permanent representative: Bart VAN DER…
- Resignations: Lacour,Arlette Yvonne Maggy (director) and…Permanent representatives: Van der Paal,Bart…
Financials · financial year 2025, full format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result turns negative in 2025: a loss of €176,041 after €1.7m in 2024, the lowest 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.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: 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).
Peer companies
Historical observationOf the 2,450 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.5% 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 497,468 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% 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 2,450 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | - | €11.0m | €9.2m | €8.8m | ▼ 3.9% |
| Turnover70 | - | - | - | - | €11.0m | €7.9m | €8.8m | ▲ 11.3% |
| Other operating income74 | - | - | - | - | €0.07m | €0.08m | €0.1m | ▲ 15.3% |
| Non-recurring operating income76A | - | - | - | €0.005m | - | €1.3m | - | - |
| Operating charges60/66A | - | - | - | - | €8.9m | €7.5m | €9.0m | ▲ 20.8% |
| Goods for resale, raw materials and consumables60 | - | - | - | - | €7.7m | €6.3m | €6.5m | ▲ 3.5% |
| Purchases600/8 | - | - | - | - | €9.8m | €9.4m | €8.8m | ▼ 7.4% |
| Change in stocks: decrease (increase)609 | - | - | - | - | -€2.2m | -€3.1m | -€2.2m | ▲ 29.4% |
| Services and other goods61 | - | - | - | - | €0.6m | €0.6m | €0.5m | ▼ 6.4% |
| Remuneration, social security and pensions62 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | ▼ 9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.04m | €0.07m | ▲ 89.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €0.004m | - | - | - |
| Other operating charges640/8 | - | - | - | €0.02m | €0.02m | €0.03m | €0.02m | ▼ 13.8% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €1.4m | - |
| Gross operating margin9900 | €1.3m | €1.1m | €1.6m | €2.0m | - | - | - | - |
| Operating profit (loss)9901 | €0.7m | €0.6m | €1.1m | €1.4m | €2.2m | €1.7m | -€0.2m | - |
| Financial income75/76B | - | - | - | €0.002m | €97 | €171 | €0.2m | ▲ 111,339% |
| Recurring financial income75 | €0.002m | €0.001m | €498 | €45 | €97 | €171 | €0.1m | ▲ 63,436% |
| Income from financial fixed assets750 | - | - | - | - | - | - | €0.09m | - |
| Income from current assets751 | - | - | - | - | - | €0 | €13 | ▲ 18,471% |
| Other financial income752/9 | - | - | - | - | €97 | €171 | €0.01m | ▲ 8,024% |
| Non-recurring financial income76B | - | - | - | €0.002m | - | - | €0.08m | - |
| Financial charges65/66B | - | - | - | €0.4m | €0.9m | €0.6m | €0.7m | ▲ 21.9% |
| Recurring financial charges65 | €0.2m | €0.2m | €0.2m | €0.3m | €0.8m | €0.5m | €0.5m | ▼ 0.5% |
| Debt charges650 | - | - | - | - | €0.8m | €0.5m | €0.5m | ▼ 7.9% |
| Other financial charges652/9 | - | - | - | - | €0.02m | €0.02m | €0.06m | ▲ 174% |
| Non-recurring financial charges66B | - | - | - | €0.07m | €0.05m | €0.09m | €0.2m | ▲ 146% |
| Profit (loss) for the period before taxes9903 | €0.5m | €0.5m | €0.9m | €1.0m | €1.3m | €1.1m | -€0.7m | - |
| Transfer from deferred taxes780 | - | - | - | - | - | - | €0.3m | - |
| Transfer to deferred taxes680 | - | - | - | - | - | €0.3m | - | - |
| Income taxes67/77 | €0.1m | €0.1m | €0.3m | €0.3m | €0.3m | €0.01m | €0.2m | ▲ 1,261% |
| Taxes670/3 | - | - | - | - | €0.3m | €0.01m | €0.2m | ▲ 1,261% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | €0.006m | - | - | - |
| Profit (loss) for the period9904 | €0.4m | €0.3m | €0.6m | €0.7m | €1.0m | €0.8m | -€0.6m | - |
| Transfer from tax-exempt reserves789 | - | - | - | - | - | - | €0.9m | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | €0.3m | €0.9m | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.4m | €0.3m | €0.6m | €0.7m | €0.6m | -€0.1m | €0.4m | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €5.9m | €5.7m | €6.2m | €8.0m | €9.8m | €13.4m | €22.6m | ▲ 68.8% |
| Fixed assets21/28 | €1.1m | €1.0m | €0.9m | €0.7m | €0.7m | €0.4m | €0.4m | ▲ 18.0% |
| Tangible fixed assets22/27 | €0.9m | €0.8m | €0.7m | €0.6m | €0.5m | €0.3m | €0.4m | ▲ 74.6% |
| Land and buildings22 | - | - | - | €0.6m | €0.5m | €0.2m | €0.4m | ▲ 78.8% |
| Plant, machinery and equipment23 | - | - | - | €0.004m | €0.002m | €378 | €0.003m | ▲ 646% |
| Furniture and vehicles24 | - | - | - | €0.03m | €0.02m | €0.009m | €0.004m | ▼ 55.7% |
| Financial fixed assets28 | €0.3m | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | €0.003m | ▼ 97.3% |
| Other financial fixed assets284/8 | - | - | - | - | €0.1m | €0.1m | €0.003m | ▼ 97.3% |
| Amounts receivable and cash guarantees285/8 | - | - | - | - | €0.1m | €0.1m | €0.003m | ▼ 97.3% |
| Current assets29/58 | €4.7m | €4.7m | €5.3m | €7.3m | €9.1m | €13.0m | €22.2m | ▲ 70.3% |
| Stocks and contracts in progress3 | €3.3m | €2.9m | €3.2m | €5.2m | €7.4m | €10.5m | €12.7m | ▲ 21.1% |
| Stocks30/36 | - | - | - | €5.2m | €7.4m | €10.5m | €12.7m | ▲ 21.1% |
| Raw materials and consumables30/31 | - | - | - | - | €0.003m | - | - | - |
| Property held for sale35 | - | - | - | - | €7.4m | €10.5m | €12.7m | ▲ 21.1% |
| Amounts receivable within one year40/41 | €0.7m | €1.0m | €1.0m | €0.7m | €0.7m | €2.2m | €9.1m | ▲ 319% |
| Trade receivables40 | - | - | - | €0.7m | €0.5m | €0.4m | €7.3m | ▲ 1,661% |
| Other amounts receivable41 | - | - | - | - | €0.2m | €1.8m | €1.8m | ▲ 1.7% |
| Cash at bank and in hand54/58 | €0.7m | €0.7m | €1.1m | €1.4m | €1.1m | €0.3m | €0.3m | ▼ 1.5% |
| Deferred charges and accrued income490/1 | - | - | - | €0.03m | €0.002m | €0.01m | €0.02m | ▲ 61.8% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €5.9m | €5.7m | €6.2m | €8.0m | €9.8m | €13.4m | €22.6m | ▲ 68.8% |
| Equity10/15 | €1.6m | €1.8m | €2.1m | €2.5m | €3.2m | €3.7m | €2.8m | ▼ 23.8% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.006m | €0.006m | €0.006m | €0.006m | €0.4m | €1.3m | €0.4m | ▼ 72.4% |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Tax-exempt reserves132 | - | - | - | - | €0.3m | €1.3m | €0.3m | ▼ 72.8% |
| Profit (loss) carried forward14 | €1.6m | €1.7m | €2.0m | €2.4m | €2.7m | €2.3m | €2.4m | ▲ 2.6% |
| Provisions and deferred taxes16 | - | - | - | - | - | €0.3m | - | - |
| Deferred taxes168 | - | - | - | - | - | €0.3m | - | - |
| Amounts payable17/49 | €4.3m | €3.9m | €4.1m | €5.5m | €6.6m | €9.4m | €19.8m | ▲ 111% |
| Amounts payable after more than one year17 | €0.7m | €0.6m | €0.5m | €0.4m | €0.4m | €0.3m | €0.2m | ▼ 36.1% |
| Financial debts170/4 | - | - | - | €0.4m | €0.4m | €0.3m | €0.2m | ▼ 36.1% |
| Leasing and similar obligations172 | - | - | - | - | €0.006m | - | - | - |
| Credit institutions173 | - | - | - | - | €0.4m | €0.3m | €0.2m | ▼ 36.1% |
| Amounts payable within one year42/48 | €3.6m | €3.3m | €3.5m | €5.1m | €6.3m | €9.2m | €19.7m | ▲ 115% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.02m | €0.1m | €0.1m | €0.09m | ▼ 5.8% |
| Financial debts43 | - | - | - | €2.3m | €2.5m | €4.8m | €14.8m | ▲ 209% |
| Credit institutions430/8 | - | - | - | €2.3m | €2.5m | €4.8m | €14.8m | ▲ 209% |
| Trade debts44 | €0.7m | €0.5m | €1.6m | €2.0m | €1.5m | €2.7m | €4.2m | ▲ 56.0% |
| Suppliers440/4 | - | - | - | €2.0m | €1.5m | €2.7m | €4.2m | ▲ 56.0% |
| Advances received on contracts in progress46 | - | - | - | - | €0.3m | - | €0.01m | - |
| Taxes, remuneration and social security45 | - | - | - | €0.3m | €0.2m | €0.08m | €0.06m | ▼ 14.8% |
| Taxes450/3 | - | - | - | €0.2m | €0.2m | €0.02m | €0.01m | ▼ 30.8% |
| Remuneration and social security454/9 | - | - | - | €0.05m | €0.06m | €0.06m | €0.05m | ▼ 9.8% |
| Other amounts payable47/48 | - | - | - | €0.5m | €1.6m | €1.5m | €0.5m | ▼ 66.9% |
| Accrued charges and deferred income492/3 | - | - | - | - | €0.001m | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.4m | €0.3m | €0.6m | €0.7m | €1.0m | €0.8m | -€0.6m | - |
| + Depreciation and write-downs630 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.04m | €0.07m | ▲ 89.6% |
| Operating cash flow (approximation) | €0.5m | €0.5m | €0.7m | €0.8m | €1.1m | €0.8m | -€0.5m | - |
| Investment in fixed assets (approximation) | - | €0.02m | €0.05m | €0.01m | -€0.003m | €0.2m | -€0.1m | - |
| Change in cash | - | €0.03m | €0.4m | €0.3m | -€0.3m | -€0.8m | -€0.005m | ▲ 99.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector, comparable size
Public contracts: not fully processed yet. The notices from August 2026 to September 2026 are still being read.
Directors
Board 4
Day-to-day management 1
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Laura BELLIS |
|
| Solid beheer & ontwikkeling |
|
| Bellis,Laura Chris Marie |
|
| Bellis,Thomas Michel Mon |
|
| AB+plan |
|
| Lacour, Arlette Yvonne Maggy |
|
Owners and capital
Owners
2 ownersChain of control
- SOLID CAPITAL
- Solid-Property
Highest known parent: SOLID CAPITAL. The sources do not say who stands above it.
Owners 2
-
99.6%
- Laurent Bellisnatural personSourceown accounts 30-06-20250.4%
According to the annual accounts to 30-06-2025 of Solid-Property and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Connections & network
4 connected companiesHistory
Acts, filings and financial milestones
05-10
Gazette deed
Resignation: AB+plan (director)Registered-office move3 facts ▸
- Registered-office move, Werchtersesteenweg 120, 3150 Haacht
- Director resignation, AB+plan (director)
- Director resignation, AB+plan (day-to-day manager)
23-01
Gazette deed
Resignation: SOLID BEHEER & ONTWIKKELING (director)Permanent representative: Bart VAN DER PAAL · Appointment: Laura BELLIS (director)4 facts ▸
- General meeting, 13-10-2025
- Director resignation, SOLID BEHEER & ONTWIKKELING (director)
- Permanent representative, Bart VAN DER PAAL
- Director appointment, Laura BELLIS (director)
22-01
Gazette deed
Resignations: Lacour,Arlette Yvonne Maggy (director) and Solid beheer & ontwikkeling (director)Permanent representatives: Van der Paal,Bart Rudolf Maria Alice Emiel Alfons, Lacour,Arlette Yvonne Maggy and Bellis,Laurent Antoine Jean Leopold · Reappointment: Solid beheer & ontwikkeling (director) · Appointments: Bellis,Thomas Michel Mon, AB+plan and 2 others17 facts ▸
- General meeting, 23-12-2025
- Name change, Solid-Property
- Director resignation, Lacour,Arlette Yvonne Maggy (director)
- Director resignation, Solid beheer & ontwikkeling (director)
- Other provision, “kwijting mandaat ontslagen bestuurders, uitgesteld” (deed in Dutch)
- Permanent representative, Van der Paal,Bart Rudolf Maria Alice Emiel Alfons
- Director reappointment, Solid beheer & ontwikkeling (director)
- Permanent representative, Lacour,Arlette Yvonne Maggy
- Director appointment, Bellis,Thomas Michel Mon (director)
- Director appointment, AB+plan (director)
- Permanent representative, Bellis,Laurent Antoine Jean Leopold
- Director appointment, Bellis,Laura Chris Marie (director)
- +5 further facts in this act
Show earlier events
About the unread acts
Of the 22 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 19 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 12 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits
The 10 most recent of 109 applications.
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24033B0237/00B003 | Flanders | 755 m² | - | - |
How the parcels are linked
Articles of association
- Name clauseThe name the company operates under according to its articles.
- Solid-Propertydeed of 22-01-2026
- Other provisionsOther rules from the articles that fall under none of the themes above.
- Other provision: “Naam en handtekening, naam en handtekening” (deed in Dutch)deed of 23-01-2026
Read from the deeds: 2 provisions, deed of 23-01-2026