Solid Team
ActiveSummary
Solid Team has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-139k) and a net result of €1k. Equity is shrinking by ~42.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 4539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability51▲+49
Solvency0▼-4
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.09 against 0.0 in 2024; short-term debt: 179.5% and cash: 10.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-79.5%
Return on assets
0.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 4539 sector peers (2025).
NBB · sector comparisonPosition among 4539 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
31 d early
2023
31 d late
2022
28 d early
2021
2 d early
2020
31 d late
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1k
2024 · €-88k
2018: €-54k
2019: €-45k
2020: €-57k
2021: €-42k
2022: €-41k
2023: €-60k
2024: €-88k
2018 → 2025
Working capital
€-286k▲ 64.1%
2024 · €-797k
2018: €-385k
2019: €-384k
2020: €-404k
2021: €-446k
2022: €-439k
2023: €-666k
2024: €-797k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€49k-€8k▼ 83.5%€-52k€-140k▼ 171%€-139k▲ 0.8%
Operating result€-37k-€-36k▲ 2.2%€-55k▼ 50.6%€-80k▼ 47.5%€9k
Net result€-42k-€-41k▲ 2.0%€-60k▼ 45.2%€-88k▼ 47.7%€1k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €9k after a loss of €80k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €175k
Fixed assets
€147k ▼ 77.6%
Current assets
€27k ▲ 872%
Key figures and ratios
EBITDA
€32k▲
2024 · €-13k
Cash flow
€24k▲
2024 · €-21k
Solvency
-79.5%▼
2024 · -21.2%
Current ratio
0.09▲
2024 · 0.00
Debt to equity
-2.26▲
2024 · -5.72
ROA
0.6%▲
2024 · -13.4%
Interest coverage
3.82▲
2024 · -1.71
Debt
€314k▼
2024 · €800k
Debt ≤ 1 year
€314k▼
2024 · €800k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€660k€175k▼
Fixed assets21/28€657k€147k▼
Tangible fixed assets22/27€657k€147k▼
Land and buildings22€643k€135k▼
Plant, machinery and equipment23€14k€13k▼
Financial fixed assets28€58€58=
Current assets29/58€3k€27k▲
Amounts receivable within one year40/41€1k€8k▲
Trade receivables40€1k€6k▲
Other amounts receivable41-€1k
Cash at bank and in hand54/58€15€18k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€660k€175k▼
Equity10/15€-140k€-139k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€-208k€-207k▲
Amounts payable17/49€800k€314k▼
Amounts payable within one year42/48€800k€314k▼
Trade debts44€606€10k▲
Suppliers440/4€606€10k▲
Taxes, remuneration and social security45€81€6k▲
Taxes450/3€81€6k▲
Other amounts payable47/48€799k€298k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€23k▼
Other operating charges640/8€12k€8k▼
Gross operating margin9900€-1k€40k▲
Operating profit (loss)9901€-80k€9k▲
Financial charges65/66B€8k€8k▲
Recurring financial charges65€8k€8k▲
Profit (loss) for the period before taxes9903€-88k€1k▲
Profit (loss) for the period9904€-88k€1k▲
Profit (loss) for the period to be appropriated9905€-88k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-208k€-207k▲
Profit (loss) brought forward from the previous period14P€-120k€-208k▼
The notes to these accounts (7 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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 24 days late
2025
31-12
Financial
Back to profitnet €1k
Net result €1k after 7 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-88k
Net result drops to €-88k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 21 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oud-Heverlee · 1 establishment unit since 1987
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Parkstraat 203053 Oud-HeverleeGround area
6,382 m²
Building footprint
809 m²
Volume, LiDAR
2,953 m³
Parcel 24034A0198/00F000, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Parkstraat 20, 3053 Oud-Heverlee
since 19872.030.218.611
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24034A0198/00F000 | Flanders | 6,382 m² | 1 · 808 m² | 6.4 m · 1 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
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BLEU MARINE
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SRAF Invest
BE 0896.040.666
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Immo-Leanto
BE 0787.463.915
Leuven · Eq €8,074
WERYBEL
BE 0553.639.772
Trooz · Eq €8,231
Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 1,399 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded22-10-1987
Fiscal year end31-12
Abbreviation NL
S.T.
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.