Financials
- Fiscal year
- 2024
- Total assets
- €484,907
- Profit
- €8,577
- Solvency
- 93.2%
Total assets▼ 9.7%
Net result
20182024
Solidal
ActiveSummary
Solidal has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €451,943 and a net result of €8,577. Equity remains stable across the filed fiscal years (±1.5% per year). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Manufacture of other non-metallic mineral products
NACE 23610NACE 26610Warehousing and storage NACE 52100
1 site
Size
€484,907total assets 2024
- Staff
- 1 FTE
- Equity
- €451,943
- Profit
- €8,577
Structure
Accounts 42 d early0 of 5 deeds read
Why 95- Figures for FY 2024 (filed 19-06-2025)+ Liquidity: current ratio 7.73, cash €81,186+ Equity €451,943 (93.2% of total assets)+ Sector Manufacture of other non-metallic mineral products (NACE 23)Show the evidence
Checked score
Score 2024
95
/ 100
Excellent
Probability in this band: under 0.55%
Better than 64% of its sector peers (NACE 23, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
100=
equity 93.2% of total assets
Liquidity
71+10
short-term debt 6.8% · cash 16.7%
Profitability
71-4
return on assets 1.8%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 4 months
07-2026: < 0.1%lowest value
08-2026: 0.1%▲ +29.5% vs 07-2026
09-2026: 0.1%▲ +15.8% vs 08-2026
10-2026: 0.1%▲ +56.1% vs 09-2026highest value
- Liquidity: current ratio 7.73, cash €81,186 lowers the probability
- Figures for FY 2024 (filed 19-06-2025) raises the probability
- Equity €451,943 (93.2% of total assets) lowers the probability
- Sector Manufacture of other non-metallic mineral products (NACE 23) lowers the probability
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 7.73 against 3.79 in 2023; short-term debt: 6.8% and cash: 16.7% of total assets), and 6.8% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 23, micro). Better than this share of them on solvency 89%, liquidity 74%, profitability 51%, growth against the median 43%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
42 d early
2024
42 d early
2023
47 d early
2022
39 d early
2021
52 d early
2020
17 d late
2019
49 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 36 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 34% of the sector filed late.
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. Usually files around 19 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · full…
- Liquidity doublescurrent ratio 7.73
Key points
By topic
Timeline
- Events
- 14
- Since
- 2017
- Next accounts
- by 31-07-2027
- 19-06-2026Annual accounts filed
- 19-06-2025Annual accounts filed
- 31-12-2024Liquidity doubles
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of other non-metallic mineral productsNACE 23610
- Founded
- 19-07-1999
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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