SOLID RESTYLE
ActiveSummary
SOLID RESTYLE has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47,937 and a net result of -€2,930. Equity remains stable across the filed fiscal years (±1.6% per year). The computed 12-month bankruptcy probability is 0.5% (very low).
Financials · fiscal year 2025, abbreviated schema
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result stays negative: a loss of €2,878 in 2025 against €1,923 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each fiscal 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.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 12,322 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,471 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 12,322 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,618 | €6,618 | €6,618 | €6,618 | €6,618 | €6,618 | €6,618 | €6,618 | = |
| Other operating charges640/8 | - | - | - | €655 | €668 | €620 | €849 | €768 | ▼ 9.5% |
| Gross operating margin9900 | €8,503 | €11,629 | €7,835 | €8,301 | €6,427 | €4,632 | €5,544 | €4,508 | ▼ 18.7% |
| Operating profit (loss)9901 | €1,362 | €4,378 | €566 | €1,027 | -€859 | -€2,606 | -€1,923 | -€2,878 | ▼ 49.7% |
| Financial income75/76B | - | - | - | - | €32 | - | €10 | - | - |
| Recurring financial income75 | - | - | - | - | €32 | - | €10 | - | - |
| Financial charges65/66B | - | - | - | €64 | €61 | €67 | €45 | €52 | ▲ 16.1% |
| Recurring financial charges65 | €39 | €39 | €42 | €64 | €61 | €67 | €45 | €52 | ▲ 16.1% |
| Profit (loss) for the period before taxes9903 | €1,323 | €4,339 | €524 | €963 | -€889 | -€2,673 | -€1,957 | -€2,930 | ▼ 49.7% |
| Profit (loss) for the period9904 | €1,323 | €4,339 | €524 | €963 | -€889 | -€2,673 | -€1,957 | -€2,930 | ▼ 49.7% |
| Profit (loss) for the period to be appropriated9905 | €1,323 | €4,339 | €524 | €963 | -€889 | -€2,673 | -€1,957 | -€2,930 | ▼ 49.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €93,019 | €90,158 | €83,961 | €78,895 | €69,156 | €59,283 | €51,762 | €50,217 | ▼ 3.0% |
| Fixed assets21/28 | €88,762 | €82,144 | €75,526 | €68,907 | €62,289 | €55,671 | €49,053 | €42,435 | ▼ 13.5% |
| Tangible fixed assets22/27 | €88,762 | €82,144 | €75,526 | €68,907 | €62,289 | €55,671 | €49,053 | €42,435 | ▼ 13.5% |
| Land and buildings22 | - | - | - | €68,907 | €62,289 | €55,671 | €49,053 | €42,435 | ▼ 13.5% |
| Current assets29/58 | €4,257 | €8,014 | €8,436 | €9,987 | €6,867 | €3,612 | €2,709 | €7,783 | ▲ 187% |
| Amounts receivable within one year40/41 | €3,874 | €6,874 | €8,374 | €9,809 | €6,759 | €3,569 | €1,901 | €7,681 | ▲ 304% |
| Other amounts receivable41 | - | - | - | €9,809 | €6,759 | €3,569 | €1,901 | €7,681 | ▲ 304% |
| Cash at bank and in hand54/58 | €383 | €1,140 | €61 | €178 | €108 | €43 | €807 | €102 | ▼ 87.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €93,019 | €90,158 | €83,961 | €78,895 | €69,156 | €59,283 | €51,762 | €50,217 | ▼ 3.0% |
| Equity10/15 | €50,561 | €54,900 | €55,424 | €56,387 | €55,499 | €52,825 | €50,868 | €47,937 | ▼ 5.8% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Profit (loss) carried forward14 | -€11,439 | -€7,100 | -€6,576 | -€5,613 | -€6,501 | -€9,175 | -€11,132 | -€14,063 | ▼ 26.3% |
| Amounts payable17/49 | €42,458 | €35,258 | €28,537 | €22,507 | €13,658 | €6,458 | €894 | €2,280 | ▲ 155% |
| Amounts payable within one year42/48 | €42,458 | €35,258 | €28,537 | €22,507 | €13,658 | €6,458 | €894 | €2,280 | ▲ 155% |
| Trade debts44 | - | - | €479 | €1,650 | - | - | €894 | - | - |
| Suppliers440/4 | - | - | - | €1,650 | - | - | €894 | - | - |
| Other amounts payable47/48 | - | - | - | €20,858 | €13,658 | €6,458 | - | €2,280 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,323 | €4,339 | €524 | €963 | -€889 | -€2,673 | -€1,957 | -€2,930 | ▼ 49.7% |
| + Depreciation and write-downs630 | €6,618 | €6,618 | €6,618 | €6,618 | €6,618 | €6,618 | €6,618 | €6,618 | = |
| Operating cash flow (approximation) | €7,941 | €10,957 | €7,142 | €7,581 | €5,730 | €3,945 | €4,661 | €3,688 | ▼ 20.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €757 | -€1,078 | €117 | -€70 | -€65 | €764 | -€706 | ▼ 192% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.