SOLID WOOD
ActiveSummary
The computed 12-month bankruptcy probability of SOLID WOOD is 2.6% (moderate). The 2025 annual accounts show equity of €936,790 and a net result of €209,248. Equity is growing by about 9.8% per year across the filed financial years. The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €936,790
- Profit
- €209,248
- Parent
- De Boever Tom · 100%
- Tom DE BOEVERDirector
Why 53raises risk2 changes of registered office in 24 monthsFounded in 2021lowers riskSize: total assets €4.5mNo main activity registeredShow the evidence
Checked score
About 3 in 100 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 (no NACE code, small): better than 28% on solvency, 61% on liquidity, 50% on profitability and 88% 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 4 accounts on average 6 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Back to profitnet €209,248
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, abbreviated format
2022 to 2025, 4 financial years
The operating result recovers in 2025; 2025 is over 3 times 2024 and is the highest result in the available series.
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.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 896 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 98.1% are still going.
- Small
- 2 to 5 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 896 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €176,884 | €203,526 | €203,070 | €206,072 | ▲ 1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €253,615 | -€253,615 | - |
| Other operating charges640/8 | €19,214 | €25,413 | €26,648 | €59,385 | ▲ 123% |
| Gross operating margin9900 | €314,483 | €400,875 | €583,534 | €316,471 | ▼ 45.8% |
| Operating profit (loss)9901 | €118,386 | €171,936 | €100,202 | €304,629 | ▲ 204% |
| Financial income75/76B | - | - | - | €164,017 | - |
| Recurring financial income75 | - | - | - | €164,017 | - |
| Financial charges65/66B | €67,581 | €85,514 | €149,108 | €207,771 | ▲ 39.3% |
| Recurring financial charges65 | €67,581 | €85,514 | €149,108 | €207,771 | ▲ 39.3% |
| Profit (loss) for the period before taxes9903 | €50,805 | €86,423 | -€48,907 | €260,875 | - |
| Income taxes67/77 | €10,161 | €17,285 | - | €51,627 | - |
| Profit (loss) for the period9904 | €40,644 | €69,138 | -€48,907 | €209,248 | - |
| Transfer to tax-exempt reserves689 | - | - | - | €109,460 | - |
| Profit (loss) for the period to be appropriated9905 | €40,644 | €69,138 | -€48,907 | €99,788 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €4.9m | €4.8m | €4.5m | €4.5m | ▼ 1.3% |
| Fixed assets21/28 | €4.9m | €4.7m | €4.5m | €4.3m | ▼ 2.7% |
| Tangible fixed assets22/27 | €4.9m | €4.7m | €4.5m | €4.3m | ▼ 2.7% |
| Land and buildings22 | €4.9m | €4.7m | €4.5m | €4.3m | ▼ 2.7% |
| Current assets29/58 | €0.006m | €0.09m | €0.08m | €0.1m | ▲ 72.1% |
| Amounts receivable within one year40/41 | - | €0.09m | €0.002m | €0.02m | ▲ 870% |
| Trade receivables40 | - | €0.09m | €0.002m | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | €220 | €0.02m | ▲ 80× |
| Cash at bank and in hand54/58 | €0.006m | €0.001m | €0.04m | €0.09m | ▲ 94.1% |
| Deferred charges and accrued income490/1 | - | - | €0.03m | €0.03m | = |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €4.9m | €4.8m | €4.5m | €4.5m | ▼ 1.3% |
| Equity10/15 | €0.7m | €0.8m | €0.7m | €0.9m | ▲ 28.8% |
| Contributions10/11 | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Reserves13 | €0.04m | €0.1m | €0.1m | €0.2m | ▲ 99.7% |
| Tax-exempt reserves132 | - | - | - | €0.1m | - |
| Distributable reserves133 | €0.04m | €0.1m | €0.1m | €0.1m | = |
| Profit (loss) carried forward14 | - | - | -€0.05m | €0.05m | - |
| Amounts payable17/49 | €4.2m | €4.0m | €3.8m | €3.5m | ▼ 7.1% |
| Amounts payable after more than one year17 | €3.9m | €3.6m | €3.0m | €3.0m | ▲ 0.8% |
| Financial debts170/4 | €3.6m | €3.3m | €3.0m | €3.0m | ▲ 0.8% |
| Other amounts payable178/9 | €0.3m | €0.3m | - | - | - |
| Amounts payable within one year42/48 | €0.3m | €0.4m | €0.8m | €0.5m | ▼ 32.6% |
| Current portion of amounts payable after more than one year42 | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 11.5% |
| Financial debts43 | - | - | €0.1m | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | €0.1m | €0 | ▼ 100% |
| Trade debts44 | €0.001m | €0.003m | €0.001m | €0.1m | ▲ 108× |
| Suppliers440/4 | €0.001m | €0.003m | €0.001m | €0.1m | ▲ 108× |
| Taxes, remuneration and social security45 | €0.01m | €0.03m | €0.02m | €0 | ▼ 100% |
| Taxes450/3 | €0.01m | €0.03m | €0.02m | €0 | ▼ 100% |
| Other amounts payable47/48 | €200 | €0.08m | €0.3m | €0.1m | ▼ 60.6% |
| Accrued charges and deferred income492/3 | €0.006m | €0.009m | €0.05m | €0.01m | ▼ 77.9% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €40,644 | €69,138 | -€48,907 | €209,248 | - |
| + Depreciation and write-downs630 | €176,884 | €203,526 | €203,070 | €206,072 | ▲ 1.5% |
| Operating cash flow (approximation) | €217,528 | €272,664 | €154,163 | €415,319 | ▲ 169% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€87,399 | - |
| Change in cash | - | -€5,244 | €43,260 | €41,571 | ▼ 3.9% |
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 (4)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-06-2026 | 2026-00236393 |
| 31-12-2024 | micro format | 17-06-2025 | 2025-00151150 |
| 31-12-2023 | abbreviated format | 07-10-2024 | 2024-00507705 |
| 31-12-2022 | abbreviated format | 13-07-2023 | 2023-00241733 |
Public 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 |
|---|---|
| Tom DE BOEVER |
|
| TRANS-ACTIONS CONSULTING |
|
| BLOUBERG |
|
Owners and capital
Owners
1 ownerChain of control
- De Boever Tom
- SOLID WOOD
Highest known parent: De Boever Tom. The sources do not say who stands above it.
Owners 1
-
100%
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
- De Boever Tom (BE 0878.101.309) all shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 03-02-2025 Capital stated in the deed · 2,000 shares
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
20-05
Gazette deed
Registered officeRegistered-office move2 facts ▸
- General meeting, 01-02-2025
- Registered-office move, Joseph Cardijnstraat 40 te 9420 Erpe-Mere
03-02
Gazette deed
Amendment of the articlesShareholding · Director in office · Capital8 facts ▸
- General meeting, 30-01-2025
- Other provision, “samenstelling bureau, gering aantal aanwezigen” (deed in Dutch)
- Shareholding, 30-01-2025, 2000
- Director in office, DE BOEVER Tom Romain Gabriëlle (director)
- Other provision, “afstand bijeenroepingsformaliteiten, voltallig aanwezig” (deed in Dutch)
- Shareholding, “artikel 2:8,§4 WVV” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital
11-12
Gazette deed
Resignation: TRANS-ACTIONS CONSULTING (director)Permanent representative: Louis-Philippe de Sonnaville · Appointment: Tom DE BOEVER (director) · Registered-office move6 facts ▸
- General meeting, 20-11-2024
- Director resignation, TRANS-ACTIONS CONSULTING (director)
- Permanent representative, Louis-Philippe de Sonnaville
- Director appointment, Tom DE BOEVER (director)
- Board meeting, 20-11-2024
- Registered-office move, Honderdweg 7,9230 Wetteren
30-08
Gazette deed
Resignation: Blouberg BV (director)Permanent representative: Geeraard Mertens · Power of attorney5 facts ▸
- General meeting, 18-07-2024
- Director resignation, Blouberg BV (director)
- Permanent representative, Geeraard Mertens
- Other provision, “neerlegging en bekendmaking ontslag bestuurder, wettelijke voorschriften ter zake” (deed in Dutch)
- Power of attorney
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 4 have been read. The other 2 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 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 41015B0329/00F000 | Flanders | 1.0 ha | 1 · 6,494 m² | 8.6 m · 2 |
| 11802B0059/00G002 | Flanders | 4,909 m² | 1 · 2,973 m² | 31.0 m · 10 |
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 WOOD
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of buitenland bij enkel besluit…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “TITEL IV. BESTUUR - CONTROLE Artikel 10. Bestuursorgaan De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Benoemd met of zonder beperking van duur,indien benoemd in statuten hoedanigheid statutair bestuurder mogelijk, een of meer…” (deed in Dutch)“Algemene vergadering beslist of mandaat al dan niet ten kosteloze titel” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Tegen weigering goedkeuring staat geen beroep op rechter open, van toepassing op elke overdracht onder levenden,zowel ten bezwarende als…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “In vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie krachtens statuten indien geen andere vereffenaar benoemd” (deed in Dutch)