Solida
ActiveSummary
Solida has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €557,040 and a net result of -€3,289. Equity has been stable since 2018 (±0.8% per year). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 14-11-2014 Normal situation
- Activity
- “Het aanleggen,het oordeelkundig beheer en het uitbreiden van een roerend en onroerend vermogen;” (deed in Dutch)From the articles, 6 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.237.472.967 8930 Menen, since 14-11-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 02-12-2025
Board and ownership
- Peter SOETAERTDirector · until 2024
- SOKABE99.8%· score 952025 annual accounts of SOKABE
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €108,024
- ▲ 282%
- Turnover
- ≈ €270,000
- estimated
- Loss
- €3,289
- ▼ 90.8%
- Equity
- €557,040
- ▼ 0.6%
- Total assets
- €2.5m
- ▼ 12.5%
- 2025 accounts filed 28 days after the deadline
Score breakdownlowers riskSize: total assets €2.5mNo main activity registeredFigures for financial year 2025 (filed on 28-08-2026)Founded in 2014Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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). It does better than 29% of them on solvency, 11% on liquidity, 33% on profitability and 37% on growth.
The bankruptcy probability was computed on 04-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 1 day before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 28 days after the deadline Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00441709.
Annual accounts 2025 filed on 28-08-2026 at the NBB all 12 filings
Every figure per financial year
The operating result for 2025 is over 3.9 times that of 2024 and the highest since 2021. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €2,047 | €1,100 | €1,156 | €1,194 | €1,226 | ▲ 2.8% |
| Gross operating margin9900 | €121,969 | €46,494 | €65,626 | €37,781 | €45,380 | €81,572 | €28,286 | €108,024 | ▲ 282% |
| Operating profit (loss)9901 | €118,863 | €45,180 | €65,517 | €35,734 | €44,280 | €80,416 | €27,093 | €106,798 | ▲ 294% |
| Financial income75/76B | - | - | - | - | - | - | €367 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | - | - | - | - | €367 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €34,885 | €56,746 | €77,559 | €63,284 | €110,087 | ▲ 74.0% |
| Recurring financial charges65 | €46,582 | €49,790 | €44,266 | €34,885 | €56,746 | €77,559 | €63,284 | €110,087 | ▲ 74.0% |
| Profit (loss) for the period before taxes9903 | €72,281 | -€4,609 | €21,251 | €849 | -€12,466 | €2,857 | -€35,825 | -€3,289 | ▲ 90.8% |
| Income taxes67/77 | €22,502 | €68 | €4,400 | €219 | €27 | €0 | - | - | - |
| Profit (loss) for the period9904 | €49,780 | -€4,677 | €16,851 | €630 | -€12,492 | €2,857 | -€35,825 | -€3,289 | ▲ 90.8% |
| Profit (loss) for the period to be appropriated9905 | €49,780 | -€4,677 | €16,851 | €630 | -€12,492 | €2,857 | -€35,825 | -€3,289 | ▲ 90.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €3.1m | €2.5m | €2.6m | €2.1m | €2.1m | €2.2m | €2.8m | €2.5m | ▼ 12.5% |
| Current assets29/58 | €3.1m | €2.5m | €2.6m | €2.1m | €2.1m | €2.2m | €2.8m | €2.5m | ▼ 12.5% |
| Stocks and contracts in progress3 | €1.9m | €1.7m | €2.3m | €1.8m | €1.8m | €2.0m | €2.3m | €2.2m | ▼ 7.0% |
| Stocks30/36 | - | - | - | €1.8m | €1.8m | €2.0m | €2.3m | €2.2m | ▼ 7.0% |
| Amounts receivable within one year40/41 | €1.0m | €0.7m | €0.3m | €0.1m | €0.02m | €0.05m | €0.09m | €0.2m | ▲ 98.6% |
| Other amounts receivable41 | - | - | - | €0.1m | €0.02m | €0.05m | €0.09m | €0.2m | ▲ 98.6% |
| Cash at bank and in hand54/58 | €0.1m | €0.02m | €0.001m | €0.2m | €0.3m | €0.2m | €0.4m | €0.1m | ▼ 71.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €3.1m | €2.5m | €2.6m | €2.1m | €2.1m | €2.2m | €2.8m | €2.5m | ▼ 12.5% |
| Equity10/15 | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | ▼ 0.6% |
| Contributions10/11 | €0.5m | €0.5m | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Reserves13 | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Non-distributable reserves130/1 | - | - | - | €0.05m | €0.05m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.05m | €0.05m | €0 | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €0.05m | €0.05m | €0.05m | = |
| Profit (loss) carried forward14 | €0.04m | €0.04m | €0.06m | €0.06m | €0.04m | €0.05m | €0.01m | €0.007m | ▼ 31.8% |
| Amounts payable17/49 | €2.5m | €1.9m | €2.0m | €1.5m | €1.6m | €1.6m | €2.3m | €1.9m | ▼ 15.5% |
| Amounts payable within one year42/48 | €2.5m | €1.9m | €2.0m | €1.5m | €1.6m | €1.6m | €2.3m | €1.9m | ▼ 15.5% |
| Financial debts43 | - | - | - | €1.0m | €1.1m | €1.1m | €1.7m | €1.4m | ▼ 21.5% |
| Credit institutions430/8 | - | - | - | €1.0m | €1.1m | €1.1m | €1.7m | €1.4m | ▼ 21.5% |
| Trade debts44 | - | - | - | - | €0.001m | €0.02m | €0.04m | €0.04m | ▲ 1.9% |
| Suppliers440/4 | - | - | - | - | €0.001m | €0.02m | €0.04m | €0.04m | ▲ 1.9% |
| Advances received on contracts in progress46 | - | - | - | - | - | €367 | €0 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.005m | €0 | - | - | - | - |
| Taxes450/3 | - | - | - | €0.005m | €0 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | ▲ 4.0% |
| Accrued charges and deferred income492/3 | - | - | - | €154 | €175 | €0 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €49,780 | -€4,677 | €16,851 | €630 | -€12,492 | €2,857 | -€35,825 | -€3,289 | ▲ 90.8% |
| Operating cash flow (approximation) | €49,780 | -€4,677 | €16,851 | €630 | -€12,492 | €2,857 | -€35,825 | -€3,289 | ▲ 90.8% |
| Change in cash | - | -€128,154 | -€14,971 | €232,989 | €48,753 | -€127,034 | €235,745 | -€279,914 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,423 companies had the same profile as Solida has now. Two years later, 96.5% were still going and 1.0% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a small loss
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Solida itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,423 companies, not a prediction for Solida. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 28-08-2026 | 2026-00441709 | |
| 31-12-2024 | abbreviated format | 17-07-2025 | 2025-00278016 | |
| 31-12-2023 | abbreviated format | 18-07-2024 | 2024-00258809 | |
| 31-12-2022 | abbreviated format | 20-07-2023 | 2023-00256150 | |
| 31-12-2021 | abbreviated format | 18-07-2022 | 2022-20195289 | |
| 31-12-2020 | abbreviated format | 30-08-2021 | 2021-57100074 | |
| 31-12-2019 | abbreviated format | 17-07-2020 | 2020-31400132 | |
| 31-12-2018 | abbreviated format | 12-07-2019 | 2019-32600013 | |
| 31-12-2017 | abbreviated format | 10-07-2018 | 2018-31300470 | |
| 31-12-2016 | abbreviated format | 20-07-2017 | 2017-34100418 |
Board & ownership
Directors
Owners and capital
Shareholders
1 ownerChain of control
- SOKABE
- Solida
Owners 1
- SOKABEparentSourceaccounts SOKABE 2025Equity €5.9m Profit of €45,875 in 2025 (profit of €53,138 in 2024) Checked score 9599.8%
Capital transactions
- 15-02-2024 Converted to unavailable equity
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Peter SOETAERT |
|
Network & group
Connections & network
The network starts from the shareholders of Solida. Every company they also own or run is a node.
Timeline
Acts, filings and financial milestones
15-02
Gazette deed
Change of role: Peter SOETAERT, from statutory manager to directorDirector discharge: Peter SOETAERT (statutory manager) · Registered office clause: Vlaamse Gewest · 500 shares7 points ▸
- General meeting, 22-12-2023
- Director resignation, Peter SOETAERT (statutory manager)
- Director discharge, Peter SOETAERT (statutory manager)
- Director appointment, Peter SOETAERT (director (not named in the articles))
- Registered office clause, Vlaamse Gewest
- 500 shares
- Power of attorney, Christophe WERBROUCK
- The act holds 5 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
6 activities
- Het aanleggen,het oordeelkundig beheer en het uitbreiden van een roerend en onroerend vermogen;
- Alle stadiën en operaties met betrekking tot alle onroerende goederen en rechten en tot alle roerende goederen en rechten welke daaruit voortvloeien,zoals de aankoop,de bouw,de verbouwing,de aanpassing,de huur en onderhuur,de ruiling,de verkoop en,in het algemeen,alle operaties die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken,voor zichzelf of voor anderen van alle bebouwde of onbebouwde onroerende eigendommen;
- De aankoop,verkoop en ruiling,het beheer en de valorisatie van alle verhandelbare waardepapieren,aandelen,obligaties,staatsfondsen en van alle roerende goederen en rechten;
- Het stimuleren,de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen,waarin ze een participatie aanhoudt;het deelnemen aan hun beheer,bestuur en toezicht alsmede het verlenen van technische,administratieve en financiële bijstand aan deze vennootschappen en ondernemingen;
- Het verwerven van alle mogelijke terreinen,het bouwen van openbare en particuliere gebouwen,de aankoop,de verkoop,de verhuur,de verdeling en de verkaveling van alle mogelijke onroerende goederen;
- De voorbereiding,de opstelling en het afsluiten,zowel als mandataris als voor eigen rekening van alle mogelijke overeenkomsten voor openbare of particuliere werken of voor leveringen en het uitvoeren van alle verrichtingen die daarmee verband houden.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBEnvironmental permits
Source: Omgevingsloket Vlaanderen.