Turnover
The micro format states no turnover.
The micro format states no turnover.
Of this, €71,671 falls due within a year.
Lower solvency than 87% of companies in specialised construction. Sector median 46.7% · 35,125 companies.
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 12% of them on solvency, 51% on liquidity and 48% on profitability.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
In July 2024, 2,135 companies had the same profile as Solid S. has now. Each dot stands for 6 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Solid S. itself: 1.3% within 12 months.
The method was tested on the 497,447 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 2,135 companies, not a prediction for Solid S.. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| Solid S. Zedelgem | €87,146 | €54,796 | 7.0% | - |
| UPOOLS Avelgem | €88,845 | €70,505 | 22.6% | - |
| ISKA CONSTRUCT Brussels | €83,420 | €59,256 | 32.9% | - |
| W&E Construct Uccle | €88,648 | €63,616 | 47.7% | - |
| SAMA RENOVATION Dilbeek | €90,505 | €60,448 | 23.1% | - |
| D. DECOR Profondeville | €96,875 | €48,487 | 49.3% | - |
| RENOVATIES LIEVENS Lommel | €96,572 | €58,831 | 54.5% | - |
These companies have the same main activity as Solid S.: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €83,400 and €96,900, founded in 2024.
Solid S. has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6,136 and a net result of €4,136.
Its solvency ranks better than 12% of 35,125 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €280,000. Estimated: probably between €210,000 and €570,000.
Higher than 12% of 35,125 companies in 2025.
Higher than 19% of 34,499 companies in 2025.
Higher than 42% of 34,700 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, 2 people joined and 2 left.
| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
87,146 | |
21/28 |
18,454 | |
22/27 |
16,054 | |
23 |
4,037 | |
24 |
12,017 | |
28 |
2,400 | |
29/58 |
68,692 | |
40/41 |
26,880 | |
40 |
922 | |
41 |
25,958 | |
54/58 |
41,812 | |
| Balance sheet: equity and liabilities | ||
10/49 |
87,146 | |
10/15 |
6,136 | |
10/11 |
2,000 | |
14 |
4,136 | |
17/49 |
81,010 | |
17 |
9,338 | |
170/4 |
9,338 | |
42/48 |
71,671 | |
44 |
21,066 | |
440/4 |
21,066 | |
46 |
31,140 | |
45 |
19,173 | |
450/3 |
19,173 | |
47/48 |
293 | |
| Income statement | ||
9900 |
54,796 | |
62 |
17,523 | |
630 |
17,715 | |
640/8 |
5,965 | |
9901 |
13,594 | |
75/76B |
385 | |
75 |
385 | |
65/66B |
1,912 | |
65 |
1,912 | |
9903 |
12,067 | |
67/77 |
7,931 | |
9904 |
4,136 | |
9905 |
4,136 | |
| Appropriation of the result | ||
9906 |
4,136 | |
| Social balance sheet | ||
9087 |
0.5 | |
Hours worked1013 |
640 | |
| Document | ||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00363084 |
| Line | Trend | 2025 |
|---|---|---|
| 31,308 | ||
| 21,851 | ||
| 36,168 | ||
| -2,979 | ||
| 7.0% | ||
| 0.96 | ||
| 13.20 | ||
| 67.4% | ||
| 4.7% | ||
| 16.38 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 |
|---|---|
| 0.5 | |
| Joined | 2 |
| Left | 2 |
Source: social balance sheet in the 2025 annual accounts
| Item | 2025 |
|---|---|
| Tangible fixed assets | €33,768 |
| Financial fixed assets | €2,400 |
| €17,715 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Debt's share of the balance-sheet total is 93.0%.
Solid S. has no parent and no holdings in its annual accounts. TODOROV Samuel is the only director. Solid S. shares no director with another company.
| LISANOVA CONSULT
registered office since 01-09-2025 |
founded in 2025 1026.452.218 |
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Heidelbergstraat 22B registered office 8210 Zedelgem | 20-06-2024 | 2.360.647.428 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 31017A0483/00G000 | 2.4 ha | 1 · 801 m² | 7.4 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1010.421.383
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