SOLID SYSTEMS BELGIUM
ActiveSummary
SOLID SYSTEMS BELGIUM has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €130,085 and a net result of €57,720. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 9,816 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
- Staff
- 16.2 FTE
- Equity
- €130,085
- Profit
- €57,720
Why 68raises riskEquity €130,085 (10.5% of total assets)Sector: Specialised construction activities (NACE 43)lowers riskFounded in 2013Profit of €57,720 (financial year 2025)Show the evidence
Checked score
About 8 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 43, small): better than 11% on solvency, 8% on liquidity, 56% on profitability and 95% on growth.
The bankruptcy probability was computed on 27-10-2026 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 48 days after the deadline; the sector median (NACE 43) 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 · abbreviated…
- Equity above €100,000equity €130,085 ▲79.8%
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (25 days) Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00430536.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 51% 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.
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 43, Specialised construction 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), Staff (FTE).
Peer companies
Historical observationOf the 4,107 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 98.0% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,445 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 4,107 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 |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0.004m | €0.004m | - | €0.01m | €0.002m | ▼ 83.6% |
| Remuneration, social security and pensions62 | - | - | - | €0.8m | €0.9m | €1.0m | €1.0m | €1.1m | ▲ 12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.04m | €0.04m | €0.04m | €0.03m | €0.04m | €0.03m | €0.03m | ▼ 3.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | -€0.01m | €0 | - |
| Other operating charges640/8 | - | - | - | €0.004m | €0.02m | €0.01m | €0.01m | €0.02m | ▲ 129% |
| Non-recurring operating charges66A | - | - | - | - | - | €0.001m | €0.005m | €0.01m | ▲ 152% |
| Gross operating margin9900 | €0.8m | €0.7m | €0.8m | €0.9m | €0.8m | €1.0m | €1.3m | €1.3m | ▲ 3.6% |
| Operating profit (loss)9901 | €0.02m | -€0.3m | €0.06m | €0.03m | -€0.1m | -€0.07m | €0.2m | €0.1m | ▼ 50.9% |
| Financial income75/76B | - | - | - | €0.002m | €252 | €217 | €93 | €3 | ▼ 97.0% |
| Recurring financial income75 | €218 | €0.003m | €0.001m | €0.002m | €252 | €217 | €93 | €3 | ▼ 97.0% |
| Financial charges65/66B | - | - | - | €0.002m | €0.01m | €0.04m | €0.05m | €0.01m | ▼ 70.9% |
| Recurring financial charges65 | €0.001m | €0.001m | €0.002m | €0.002m | €0.01m | €0.04m | €0.05m | €0.01m | ▼ 70.9% |
| Profit (loss) for the period before taxes9903 | €0.02m | -€0.3m | €0.05m | €0.03m | -€0.2m | -€0.1m | €0.2m | €0.09m | ▼ 44.9% |
| Income taxes67/77 | €0.01m | €0.001m | €0.01m | €0.002m | €0.01m | €0.002m | €0.001m | €0.03m | ▲ 25× |
| Profit (loss) for the period9904 | €0.01m | -€0.3m | €0.04m | €0.03m | -€0.2m | -€0.1m | €0.2m | €0.06m | ▼ 65.1% |
| Profit (loss) for the period to be appropriated9905 | €0.01m | -€0.3m | €0.04m | €0.03m | -€0.2m | -€0.1m | €0.2m | €0.06m | ▼ 65.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.6m | €1.5m | €1.2m | €1.6m | €1.8m | €1.9m | €2.6m | €1.2m | ▼ 52.2% |
| Fixed assets21/28 | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | €0.09m | €0.08m | ▼ 9.7% |
| Intangible fixed assets21 | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | €0.08m | €0.06m | €0.04m | ▼ 27.3% |
| Tangible fixed assets22/27 | €0.04m | €0.04m | €0.03m | €0.02m | €0.02m | €0.02m | €0.02m | €0.03m | ▲ 31.6% |
| Plant, machinery and equipment23 | - | - | - | €0.009m | €0.003m | €0.009m | €0.007m | €0.02m | ▲ 234% |
| Furniture and vehicles24 | - | - | - | - | €0.008m | €0.003m | €0.003m | €0.002m | ▼ 45.0% |
| Other tangible fixed assets26 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.007m | ▼ 48.2% |
| Financial fixed assets28 | - | - | €0.005m | €0.005m | €0.007m | €0.007m | €0.007m | €0.008m | ▲ 7.9% |
| Current assets29/58 | €1.4m | €1.3m | €1.0m | €1.5m | €1.7m | €1.8m | €2.5m | €1.2m | ▼ 53.8% |
| Stocks and contracts in progress3 | €0.4m | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | ▼ 20.5% |
| Stocks30/36 | - | - | - | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | ▼ 20.5% |
| Amounts receivable within one year40/41 | €0.8m | €1.0m | €0.7m | €1.3m | €1.5m | €1.6m | €2.1m | €0.8m | ▼ 63.6% |
| Trade receivables40 | - | - | - | €1.1m | €1.4m | €1.6m | €2.1m | €0.8m | ▼ 63.3% |
| Other amounts receivable41 | - | - | - | €0.1m | €0.06m | €0.01m | €0.02m | €33 | ▼ 99.8% |
| Cash at bank and in hand54/58 | €0.1m | €0.02m | €0.05m | €0.03m | €0.03m | €0.04m | €0.06m | €0.1m | ▲ 100% |
| Deferred charges and accrued income490/1 | - | - | - | €26 | €0.001m | €0.001m | €0 | €0.01m | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.6m | €1.5m | €1.2m | €1.6m | €1.8m | €1.9m | €2.6m | €1.2m | ▼ 52.2% |
| Equity10/15 | €0.4m | €0.1m | €0.2m | €0.2m | €0.02m | -€0.09m | €0.07m | €0.1m | ▲ 79.8% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | - | €0 | - | - |
| Distributable reserves133 | - | - | - | - | - | €0.002m | €0.002m | €0.002m | = |
| Profit (loss) carried forward14 | €0.4m | €0.1m | €0.1m | €0.2m | -€0.001m | -€0.1m | €0.05m | €0.1m | ▲ 111% |
| Amounts payable17/49 | €1.2m | €1.4m | €1.0m | €1.4m | €1.8m | €2.0m | €2.5m | €1.1m | ▼ 56.0% |
| Amounts payable within one year42/48 | €1.1m | €1.4m | €1.0m | €1.4m | €1.7m | €2.0m | €2.3m | €1.0m | ▼ 56.1% |
| Trade debts44 | €0.9m | €1.2m | €0.9m | €1.3m | €0.1m | €0.4m | €0.7m | €0.8m | ▲ 9.9% |
| Suppliers440/4 | - | - | - | €1.3m | €0.1m | €0.4m | €0.7m | €0.8m | ▲ 9.9% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | €0 | €0.06m | - |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 48.2% |
| Taxes450/3 | - | - | - | €0.01m | €0.008m | €0.008m | €0.01m | €0.05m | ▲ 457% |
| Remuneration and social security454/9 | - | - | - | €0.1m | €0.09m | €0.1m | €0.1m | €0.1m | ▲ 11.6% |
| Other amounts payable47/48 | - | - | - | - | €1.5m | €1.5m | €1.5m | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €0.01m | €0.09m | €0.02m | €0.2m | €0.08m | ▼ 54.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,634 | -€310,530 | €40,089 | €32,127 | -€169,466 | -€112,620 | €165,179 | €57,720 | ▼ 65.1% |
| + Depreciation and write-downs630 | €22,499 | €40,872 | €36,611 | €36,217 | €31,162 | €40,935 | €32,077 | €30,901 | ▼ 3.7% |
| Operating cash flow (approximation) | €32,134 | -€269,658 | €76,701 | €68,345 | -€138,304 | -€71,685 | €197,256 | €88,621 | ▼ 55.1% |
| Investment in fixed assets (approximation) | - | -€28,521 | -€10,552 | -€13,756 | -€14,827 | -€24,316 | -€16,322 | -€22,006 | ▼ 34.8% |
| Change in cash | - | -€93,224 | €38,221 | -€22,663 | €1,926 | €4,356 | €18,824 | €57,592 | ▲ 206% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 25-08-2026 | 2026-00430536 |
| 31-12-2024 | abbreviated format | 31-07-2025 | 2025-00350412 |
| 31-12-2023 | abbreviated format | 29-08-2024 | 2024-00418400 |
| 31-12-2022 | abbreviated format | 31-08-2023 | 2023-00414191 |
| 31-12-2021 | abbreviated format | 08-11-2022 | 2022-20518072 |
| 31-12-2020 | abbreviated format | 27-10-2021 | 2021-74400156 |
| 31-12-2019 | abbreviated format | 30-09-2020 | 2020-58100095 |
| 31-12-2018 | abbreviated format | 30-09-2019 | 2019-67800482 |
| 31-12-2017 | abbreviated format | 31-08-2018 | 2018-61000346 |
| 31-12-2016 | abbreviated format | 30-08-2017 | 2017-55700368 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
1 ownerOwners 1
- Solid Holding B.V.NLSourceown accounts 2025share not stated
Sources: the companies' annual accounts, 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.
Capital and shareholders
- 28-12-2023 Converted to unavailable equity
Group and network
Connections & network
No directors read yet: 1 of 6 Gazette acts processed.
History
Acts, filings and financial milestones
28-12
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointmentsCapital conversion · Reserve release · Director in office10 facts ▸
- General meeting, 04-12-2023
- Other provision, “niet-tegenstelbaarheid kwalitatieve beperking, niet tegenstelbaar aan derden te goeder trouw,ook niet na publicatie” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing statutair onbeschikbare eigen vermogensrekening en middelen beschikbaar maken voor uitkering, vormen en meerderheden statutenwijziging” (deed in Dutch)
- Director in office, BROEKHUIJSEN Robert (director (not named in the articles))
- Other provision, “persoonsvereisten private beveiliging” (deed in Dutch) (2 times)
- Director in office, KANT Marinus (director (not named in the articles))
- Board meeting, 20-10-2017
- Registered office clause, “Naamsesteenweg 383,3800 Sint-Truiden, Sint-Truiden” (deed in Dutch)
Show earlier events
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 5 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 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 0539.757.983
Recognitions · licences · registrations
Licences in the Official Gazette
1 publicationEnvironmental 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 |
|---|---|---|---|---|
| 71353E1246/00S000 | Flanders | 2,780 m² | 1 · 626 m² | 8.6 m · 1 |
How the parcels are linked
Articles of association
What the company does
- 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 SYSTEMS BELGIUM
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bij besluit bestuursorgaan,administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “BESTUUR-CONTROLE, 1” (deed in Dutch)“Algemene kosten, algemene vergadering” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “186, gelijk recht in winstverdeling” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Tuesday of June at 12:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vereisten statutenwijziging, voor zover wet geen andersluidende bepalingen bevat” (deed in Dutch)“Vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bestuurder(s) in functie krachtens statuten indien geen andere vereffenaar benoemd, één of meer vereffenaars aanduiden,bevoegdheden…” (deed in Dutch)