SOLID SOIL
ActiveThe computed 12-month bankruptcy probability of SOLID SOIL is 1.9% (moderate). The 2025 annual accounts show equity of €26k and a net result of €3k. Equity is growing by ~46.8% per year across the filed fiscal years. Its solvency ranks better than 24% of 4395 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability60▼-40
Solvency14▼-17
Growth78=
Stability100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.67 against 0.96 in 2024), and 84% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
16%
Return on assets
1.9%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 4395 sector peers (2025).
NBB · sector comparisonPosition among 4395 sector peers
Solvency
better than 24%
← weakest
strongest →
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 10-04-2026, 112 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
112 d early
2024
159 d early
2023
30 d early
2022
44 d early
2021
22 d early
2020
40 d early
← before the deadline
after the deadline →
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
11-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€90k
EBIT margin
10.5%
Net result
€3k▼ 94.3%
2024 · €55k
2020: €-84k
2021: €9k
2022: €-10k
2023: €46k
2024: €55k
2020 → 2025
Working capital
€-22k▼ 601%
2024 · €-3k
2020: €-97k
2021: €-76k
2022: €-87k
2023: €-54k
2024: €-3k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€90k-
Equity€-68k-€-78k▼ 14.5%€-32k▲ 59.0%€23k€26k▲ 13.7%
Operating result€9k-€-9k€47k€59k▲ 26.7%€7k▼ 88.8%
Net result€9k-€-10k€46k€55k▲ 18.6%€3k▼ 94.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 89% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €161k
Fixed assets
€116k▲ 350%
Current assets
€45k▼ 40.5%
Equity and liabilities €161k
Equity
€26k▲ 13.7%
Debt
€135k▲ 72.7%
The debt ratio rises from 77.6% to 84.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€16k▼
2024 · €73k
Cash flow
€13k▼
2024 · €68k
Solvency
16.0%▼
2024 · 22.4%
Current ratio
0.67▼
2024 · 0.96
Quick ratio
0.67▼
2024 · 0.96
Debt / equity
5.25▲
2024 · 3.45
ROE
12.0%▼
2024 · 241.8%
ROA
1.9%▼
2024 · 54.3%
Interest coverage
6.72▼
2024 · 233.28
Debt
€135k▲
2024 · €78k
Debt ≤ 1 year
€67k▼
2024 · €78k
Debt > 1 year
€68k
Income taxes
€1k▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€101k€161k▲
Fixed assets21/28€26k€116k▲
Tangible fixed assets22/27€26k€116k▲
Land and buildings22-€84k
Plant, machinery and equipment23€22k€30k▲
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€617€278▼
Current assets29/58€75k€45k▼
Amounts receivable within one year40/41€12k€13k▲
Trade receivables40€9k€5k▼
Other amounts receivable41€3k€8k▲
Cash at bank and in hand54/58€63k€23k▼
Deferred charges and accrued income490/1-€9k
Equity and liabilities
Total equity and liabilities10/49€101k€161k▲
Equity10/15€23k€26k▲
Contributions10/11€6k€6k=
Reserves13€16k€20k▲
Distributable reserves133€16k€20k▲
Amounts payable17/49€78k€135k▲
Amounts payable after more than one year17-€68k
Financial debts170/4-€68k
Amounts payable within one year42/48€78k€67k▼
Current portion of amounts payable after more than one year42€9k€9k▲
Trade debts44€13k€27k▲
Suppliers440/4€13k€27k▲
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€4k€5k▲
Other amounts payable47/48€52k€25k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€10k▼
Other operating charges640/8€4k€12k▲
Gross operating margin9900€77k€29k▼
Operating profit (loss)9901€59k€7k▼
Financial income75/76B€20-
Recurring financial income75€20-
Financial charges65/66B€313€2k▲
Recurring financial charges65€313€2k▲
Profit (loss) for the period before taxes9903€59k€4k▼
Income taxes67/77€4k€1k▼
Profit (loss) for the period9904€55k€3k▼
Profit (loss) for the period to be appropriated9905€55k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€3k▼
Profit (loss) brought forward from the previous period14P€-38k-
Transfer to equity691/2€16k€3k▼
To other reserves6921€16k€3k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €55k ▲18.6%
Operating result €59k, net result €55k, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €46k
Net result €46k after one loss-making year.
17-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 director, last change in 2023
VANDER SCHELDE Gert Emiel Bert
CurrentDirector · since 17-05-2023
17-05-2023
Appointed as Director
Not every act has been read: a resignation may be missing here
2 of this company's 2 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Zoutleeuw · 1 establishment unit since 2019
Ground area
809 m²
Building footprint
587 m²
Volume, LiDAR
3,133 m³
Parcel 24017D0142/00B000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vander Schelde Gert
since 20192.285.143.519
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24017D0142/00B000 | Flanders | 809 m² | 1 · 587 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
CENGO SOLUTION
BE 0645.817.288
Sint-Joost-ten-Node · Eq €26k
Glazenwasserij CSK
BE 0748.771.902
Wichelen · Eq €26k
DPS SERVICES & CLEANING
BE 0791.392.217
Grimbergen · Eq €26k
KANGOO
BE 0866.316.896
Houthulst · Eq €26k
OPTIMO INVEST
BE 0813.239.585
Machelen (Brab.) · Eq €26k
Of 6,945 companies in sector 81220 we hold annual accounts for 2,377. 1,853 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-01-2019
Fiscal year end31-12
Activities, NACEBEL
43992Specialised construction activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.