SOLID SOIL
ActiveSummary
SOLID SOIL has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25,738 and a net result of €3,096. Equity is growing by about 47% per year across the filed financial years. Its solvency ranks better than 24% of 5,634 sector peers (NACE 81, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
- Equity
- €25,738
- Profit
- €3,096
Why 67raises riskSector: Services to buildings and landscape activities (NACE 81)Equity €25,738 (16.0% of total assets)Founded in 2019lowers riskLiquidity: current ratio 0.67, cash €23,412, halvedShow the evidence
Checked score
About 9 in 1,000 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 81, micro): better than 23% on solvency, 44% on liquidity, 39% on profitability and 58% on growth.
The bankruptcy probability was computed on 26-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 6 accounts on average 68 days before the deadline; the sector median (NACE 81) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Highest result from 2020 to 2025net €54,740 ▲18.6%
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
The operating result falls in 2025; 2025 is 89% below 2024.
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.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 81, Services to buildings and landscape activities: 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).
Peer companies
Historical observationOf the 3,274 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 94.6% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% 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 497,475 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 3,274 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 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Turnover70 | - | €89,843 | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €67,705 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,655 | €11,819 | €9,999 | €12,251 | €13,660 | €9,833 | ▼ 28.0% |
| Other operating charges640/8 | - | €1,143 | €1,642 | €1,414 | €4,128 | €12,115 | ▲ 194% |
| Gross operating margin9900 | -€55,281 | €22,354 | €3,049 | €60,578 | €77,214 | €28,596 | ▼ 63.0% |
| Operating profit (loss)9901 | -€83,473 | €9,392 | -€8,591 | €46,913 | €59,426 | €6,647 | ▼ 88.8% |
| Financial income75/76B | - | - | €1 | €5 | €20 | - | - |
| Recurring financial income75 | €0 | - | €1 | €5 | €20 | - | - |
| Financial charges65/66B | - | €140 | €1,318 | €744 | €313 | €2,453 | ▲ 683% |
| Recurring financial charges65 | €342 | €140 | €1,318 | €744 | €313 | €2,453 | ▲ 683% |
| Profit (loss) for the period before taxes9903 | -€83,815 | €9,253 | -€9,908 | €46,174 | €59,132 | €4,194 | ▼ 92.9% |
| Income taxes67/77 | - | - | - | - | €4,392 | €1,099 | ▼ 75.0% |
| Profit (loss) for the period9904 | -€83,815 | €9,253 | -€9,908 | €46,174 | €54,740 | €3,096 | ▼ 94.3% |
| Profit (loss) for the period to be appropriated9905 | -€83,815 | €9,253 | -€9,908 | €46,174 | €54,740 | €3,096 | ▼ 94.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €25,281 | €28,545 | €40,588 | €93,749 | €100,867 | €160,821 | ▲ 59.4% |
| Fixed assets21/28 | €18,909 | €7,457 | €25,794 | €31,484 | €25,781 | €116,113 | ▲ 350% |
| Tangible fixed assets22/27 | €18,909 | €7,457 | €25,794 | €31,484 | €25,781 | €116,113 | ▲ 350% |
| Land and buildings22 | - | - | - | - | - | €84,150 | - |
| Plant, machinery and equipment23 | - | €4,957 | €5,446 | €19,144 | €22,452 | €29,857 | ▲ 33.0% |
| Furniture and vehicles24 | - | - | €18,475 | €11,096 | €2,711 | €1,828 | ▼ 32.6% |
| Other tangible fixed assets26 | - | €2,500 | €1,873 | €1,245 | €617 | €278 | ▼ 55.0% |
| Current assets29/58 | €6,372 | €21,088 | €14,795 | €62,265 | €75,086 | €44,708 | ▼ 40.5% |
| Amounts receivable within one year40/41 | €3,557 | €12,394 | €10,607 | €10,169 | €12,073 | €12,796 | ▲ 6.0% |
| Trade receivables40 | - | €10,926 | €7,905 | €7,046 | €8,716 | €5,220 | ▼ 40.1% |
| Other amounts receivable41 | - | €1,467 | €2,703 | €3,123 | €3,356 | €7,576 | ▲ 126% |
| Cash at bank and in hand54/58 | €2,815 | €8,694 | €4,187 | €52,096 | €63,014 | €23,412 | ▼ 62.8% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €8,500 | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €25,281 | €28,545 | €40,588 | €93,749 | €100,867 | €160,821 | ▲ 59.4% |
| Equity10/15 | -€77,615 | -€68,363 | -€78,271 | -€32,097 | €22,643 | €25,738 | ▲ 13.7% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | - | - | - | - | €16,443 | €19,538 | ▲ 18.8% |
| Distributable reserves133 | - | - | - | - | €16,443 | €19,538 | ▲ 18.8% |
| Profit (loss) carried forward14 | -€83,815 | -€74,563 | -€84,471 | -€38,297 | - | - | - |
| Amounts payable17/49 | €102,896 | €96,907 | €118,859 | €125,847 | €78,224 | €135,082 | ▲ 72.7% |
| Amounts payable after more than one year17 | - | - | €17,395 | €9,103 | - | €68,379 | - |
| Financial debts170/4 | - | - | €17,395 | €9,103 | - | €68,379 | - |
| Amounts payable within one year42/48 | €102,896 | €96,907 | €101,464 | €116,744 | €78,224 | €66,703 | ▼ 14.7% |
| Current portion of amounts payable after more than one year42 | - | - | €8,189 | €8,293 | €9,103 | €9,444 | ▲ 3.8% |
| Trade debts44 | €339 | €3,471 | €11,438 | €31,733 | €13,202 | €27,112 | ▲ 105% |
| Suppliers440/4 | - | €3,471 | €11,438 | €31,733 | €13,202 | €27,112 | ▲ 105% |
| Taxes, remuneration and social security45 | - | - | - | - | €4,392 | €4,702 | ▲ 7.0% |
| Taxes450/3 | - | - | - | - | €4,392 | €4,702 | ▲ 7.0% |
| Other amounts payable47/48 | - | €93,437 | €81,837 | €76,718 | €51,527 | €25,445 | ▼ 50.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€83,815 | €9,253 | -€9,908 | €46,174 | €54,740 | €3,096 | ▼ 94.3% |
| + Depreciation and write-downs630 | €25,655 | €11,819 | €9,999 | €12,251 | €13,660 | €9,833 | ▼ 28.0% |
| Operating cash flow (approximation) | -€58,160 | €21,072 | €91 | €58,425 | €68,400 | €12,929 | ▼ 81.1% |
| Investment in fixed assets (approximation) | - | -€367 | -€28,336 | -€17,942 | -€7,956 | -€100,166 | ▼ 1,159% |
| Change in cash | - | €5,879 | -€4,507 | €47,909 | €10,918 | -€39,602 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 10-04-2026 | 2026-00076372 |
| 31-12-2024 | micro format | 22-02-2025 | 2025-00037877 |
| 31-12-2023 | micro format | 01-07-2024 | 2024-00188000 |
| 31-12-2022 | micro format | 17-06-2023 | 2023-00133575 |
| 31-12-2021 | micro format | 09-07-2022 | 2022-20169354 |
| 31-12-2020 | micro format | 21-06-2021 | 2021-22400475 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2022 · 1 entry · €450 awarded · €450 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| VANDER SCHELDE Gert Emiel Bert |
|
Owners and capital
Capital and shareholders
- 17-05-2023 Converted to unavailable equity · €6,200
- 17-05-2023 Converted to uncalled contributions · €12,400
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
17-05
Gazette deed
Resignation: VANDER SCHELDE Gert Emiel Bert (manager)Appointment: VANDER SCHELDE Gert Emiel Bert (director) · Name change · Purpose change16 facts ▸
- General meeting, 25-04-2023
- Name change, SOLID SOIL
- Purpose change
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital conversion, “eigen vermogensrekening niet-opgevraagde inbrengen” (deed in Dutch)
- Reserve release, “opheffing, beschikbaar voor uitkering” (deed in Dutch)
- Other provision, “opheffing rekening niet opgevraagde inbrengen, opheffing” (deed in Dutch)
- Net-asset statement, EUR, “artikel 5:142 WVV” (deed in Dutch)
- Other provision, “terminologische aanpassingen” (deed in Dutch)
- Other provision, “ongewijzigde data, ongewijzigd” (deed in Dutch)
- Other provision, “coördinatie opmaken en ondertekenen overeenkomstig vorig besluit en neerlegging in vennootschapsdossier, opdracht coördinatie statuten” (deed in Dutch)
- +4 further facts in this act
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has 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 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 0717.989.941
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24017D0142/00B000 | Flanders | 809 m² | 1 · 587 m² | 8.2 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Reiniging van gebouwen,industriële reiniging,reinigen gevels en ramen; Algemene werfcoördinatie; Het aannemen,uitvoeren of laten uitvoeren…” (deed in Dutch)
14 activities (deed in Dutch)
- Reiniging van gebouwen,industriële reiniging,reinigen gevels en ramen.
- Algemene werfcoördinatie.
- Het aannemen,uitvoeren of laten uitvoeren van algemene bouw en renovatiewerken,sloopwerken,metsel en ruwbouwwerken,schrijn en timmerwerken,bouwen van stellingen,voegwerken en reiniging van gevels,slopingswerken,plaatsen van afsluitingen,dakbedekkingswerken,droogmaken van gebouwen,alle andere muur en vloerbekledingen,elektriciteitswerken,vloer en chapewerken,warmte en geluidsisolering,plafonneer–cementeer en alle andere pleisterwerken,brandvertragende pleisterwerken,schilderwerken,glaswerken,behangen en garneren.
- Overige geotechnische werken.
- Grondstabilisatie.
- Grondverbetering.
- Het uitoefenen van alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het oordeelkundig beheer,uitbreiden en in stand houden van eigen onroerende goederen,onder meer door verhuring en andere overeenkomsten met derden in verband met hun gebruik en genot.De vennootschap mag daartoe onder meer onroerende goederen verwerven,laten bouwen,laten opschikken,laten uitrusten,laten ombouwen,zij mag onroerende goederen vervreemden met het oog op wederbelegging en opbrengst,zij mag optierechten nemen en afstaan,verlenen en verwerven van vruchtgebruik,van rechten van opstal en erfpacht en alle andere bestaande zakelijke rechten.
- Het verlenen van bijstand en hulp onder hun meest verschillende vormen aan derden,bijvoorbeeld andere vennootschappen en/of eenmanszaken,en dit op het vlak van het beheer,de controle,het toezicht,de organisatie,het verlenen van adviezen en intellectuele en administratieve hulp,het ter beschikking stellen van derden onder welke vorm ook van benodigdheden,materiaal,instrumenten,hard en software,het uitvoeren in verband met hetgeen voorafgaat van concrete projecten,het dienstbetoon inzake organisatie en toepassing van de meest verschillende wetgevingen,het ter beschikking stellen van management,het uitoefenen van bedrijfsleiding en het organiseren ervan,alsook het waarnemen van bestuur op alle niveaus,zowel voor eigen rekening als voor rekening van of in deelneming met derden,van handels,nijverheids of andere ondernemingen,bestaande onder om het even welke vorm,en dit zonder enige beperking.
- Het beheer van alle roerende goederen en waarden,het nemen van belangen,op welke wijze ook,in andere vennootschappen en ondernemingen.
- Alle opsommingen zijn in de ruimste zin te interpreteren zonder dat deze op enigerlei wijze beperkend zou zijn.
- De vennootschap kan zowel in België als in het buitenland,alle commerciële,industriële,financiële,roerende en onroerende handelingen verrichten die rechtstreeks of onrechtstreeks betrekking hebben met haar voorwerp of die van aard zijn de verwezenlijking ervan geheel of gedeeltelijk te bevorderen.
- Deze opsomming dient niet limitatief geïnterpreteerd te worden.
- De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg te stellen,onder meer door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak.
- De vennootschap mag bestuursmandaten opnemen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SOLID SOIL
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bestuursorgaan” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, algemene vergadering” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “186, gelijk” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering, vormen vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Om welke reden en op welk ogenblik ook, een of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen” (deed in Dutch)