SOLIDAN
InactiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 30-07-2025 PDF all 9 filings
Turnover
€630,521
EBIT margin
0.4%
Net result
-€52,303
2023 · €10,685
Working capital
€95,935▲ 75.8%
2022 · €54,557
Multi-year overview
2018 to 2025, 8 financial yearsTurnover
no figure
2025
20182025
Operating result
no figure
2025
20182025
Net result
no figure
2025
20182025
EBIT margin
no figure
2025
20182025
Equity
€95,935
=
2025
20182025
Total assets
€95,935
▼ 7.2%
2025
20182025
Debt
no figure
2025
20182025
Working capital
no figure
2025
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€630,521-
Operating result€2,276-€9,828▲ 332%€1,938▼ 80.3%€108,838▲ 56×€42,937▼ 60.5%€17,993▼ 58.1%-€52,303
Net result-€12,532-€7,087€5,295▼ 25.3%€84,019▲ 16×€30,195▼ 64.1%€10,685▼ 64.6%-€52,303
EBIT margin0.4%-
Equity€10,956-€18,044▲ 64.7%€23,339▲ 29.3%€107,358▲ 360%€137,553▲ 28.1%€148,237▲ 7.8%€95,935▼ 35.3%€95,935=
Total assets€152,060-€152,000=€193,298▲ 27.2%€282,944▲ 46.4%€343,443▲ 21.4%€148,237▼ 56.8%€103,354▼ 30.3%€95,935▼ 7.2%
Debt€126,104-€118,957▼ 5.7%€169,959▲ 42.9%€175,586▲ 3.3%€205,891▲ 17.3%€7,419
Working capital-€15,572--€21,079▼ 35.4%€20,378€29,778▲ 46.1%€54,557▲ 83.2%€95,935
Staff (FTE)11=1=0.1
The operating result for 2024 is a loss of €52,303, after a profit of €17,993 in 2023. It is the lowest result since 2021.
Key figures and ratios
Solvency
100.0%▲
2024 · 92.8%
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2023 |
|---|---|---|
| Employees at the balance-sheet date | 1 | - |
| full-time | 1 | - |
| in full-time equivalents | 1 | - |
| Average over the year, in full-time equivalents | 1 | 0.1 |
| On a permanent contract | 1 | - |
| Joined | - | 0 |
| Left | - | 1 |
Source: social balance sheet in the 2021 to 2023 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 27-03-2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €89,388 | €11,380 | €4,760 | - | - |
| Depreciation and write-downs of the year | €17,285 | €26,729 | €9,729 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €630,521 | - | - | - | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €25,760 | €41,557 | €6,517 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,326 | €20,177 | €19,152 | €17,285 | €26,729 | €9,729 | - | - | - |
| Other operating charges640/8 | - | - | - | €1,222 | €1,253 | €171 | - | - | - |
| Non-recurring operating charges66A | - | - | - | €243 | - | €13,684 | €44,883 | - | - |
| Gross operating margin9900 | €27,443 | €78,249 | €42,275 | €153,348 | €112,476 | €48,094 | -€7,419 | - | - |
| Operating profit (loss)9901 | €2,276 | €9,828 | €1,938 | €108,838 | €42,937 | €17,993 | -€52,303 | - | - |
| Financial income75/76B | - | - | - | €1,838 | €66 | €111 | - | - | - |
| Recurring financial income75 | €1 | - | €126 | €1,838 | €66 | €111 | - | - | - |
| Financial charges65/66B | - | - | - | €1,717 | €1,912 | €1,011 | - | - | - |
| Recurring financial charges65 | €1,797 | €2,905 | €2,006 | €1,717 | €1,912 | €1,011 | - | - | - |
| Profit (loss) for the period before taxes9903 | €480 | €7,309 | €58 | €108,959 | €41,090 | €17,093 | -€52,303 | - | - |
| Income taxes67/77 | €13,012 | €222 | -€5,237 | €24,940 | €10,896 | €6,408 | - | - | - |
| Profit (loss) for the period9904 | -€12,532 | €7,087 | €5,295 | €84,019 | €30,195 | €10,685 | -€52,303 | - | - |
| Profit (loss) for the period to be appropriated9905 | -€12,532 | €7,087 | €5,295 | €84,019 | €30,195 | €10,685 | -€52,303 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €152,060 | €152,000 | €193,298 | €282,944 | €343,443 | €148,237 | €103,354 | €95,935 | ▼ 7.2% |
| Fixed assets21/28 | €73,983 | €60,884 | €61,140 | €122,141 | €106,792 | €44,883 | - | - | - |
| Tangible fixed assets22/27 | €73,983 | €60,884 | €61,140 | €122,141 | €106,792 | €44,883 | - | - | - |
| Land and buildings22 | - | - | - | €22,819 | €20,455 | €18,091 | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €12,340 | €20,016 | €19,916 | - | - | - |
| Furniture and vehicles24 | - | - | - | €86,982 | €66,321 | €6,877 | - | - | - |
| Current assets29/58 | €78,078 | €91,116 | €132,158 | €160,803 | €236,651 | €103,354 | €103,354 | €95,935 | ▼ 7.2% |
| Stocks and contracts in progress3 | €16,146 | €10,406 | €18,859 | €22,089 | €44,524 | - | - | - | - |
| Stocks30/36 | - | - | - | €22,089 | €44,524 | - | - | - | - |
| Amounts receivable within one year40/41 | €48,428 | €58,015 | €91,946 | €91,878 | €157,170 | €103,354 | €103,354 | €95,935 | ▼ 7.2% |
| Trade receivables40 | - | - | - | €82,473 | €156,691 | €99,762 | €99,762 | €92,343 | ▼ 7.4% |
| Other amounts receivable41 | - | - | - | €9,405 | €478 | €3,592 | €3,592 | €3,592 | = |
| Cash at bank and in hand54/58 | €9,503 | €18,695 | €14,312 | €46,836 | €33,899 | - | - | - | - |
| Deferred charges and accrued income490/1 | - | - | - | - | €1,059 | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €152,060 | €152,000 | €193,298 | €282,944 | €343,443 | €148,237 | €103,354 | €95,935 | ▼ 7.2% |
| Equity10/15 | €10,956 | €18,044 | €23,339 | €107,358 | €137,553 | €148,237 | €95,935 | €95,935 | = |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €174 | €174 | €174 | €174 | €174 | €174 | €75,935 | €75,935 | = |
| Non-distributable reserves130/1 | - | - | - | €174 | €174 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €174 | €174 | - | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €174 | €75,935 | €75,935 | = |
| Profit (loss) carried forward14 | -€9,218 | -€2,131 | €3,165 | €87,184 | €117,378 | €128,063 | - | - | - |
| Provisions and deferred taxes16 | €15,000 | €15,000 | - | - | - | - | - | - | - |
| Amounts payable17/49 | €126,104 | €118,957 | €169,959 | €175,586 | €205,891 | - | €7,419 | - | - |
| Amounts payable after more than one year17 | €32,454 | €6,762 | €12,200 | €44,561 | €23,797 | - | - | - | - |
| Financial debts170/4 | - | - | - | €44,561 | €23,797 | - | - | - | - |
| Amounts payable within one year42/48 | €93,650 | €112,195 | €111,779 | €131,025 | €182,094 | - | €7,419 | - | - |
| Current portion of amounts payable after more than one year42 | - | - | - | €20,491 | €20,764 | - | - | - | - |
| Trade debts44 | €50,300 | €50,984 | €69,710 | €67,464 | €99,312 | - | €7,419 | - | - |
| Suppliers440/4 | - | - | - | €67,464 | €99,312 | - | €7,419 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €43,070 | €62,018 | - | - | - | - |
| Taxes450/3 | - | - | - | €40,711 | €57,545 | - | - | - | - |
| Remuneration and social security454/9 | - | - | - | €2,359 | €4,473 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€12,532 | €7,087 | €5,295 | €84,019 | €30,195 | €10,685 | -€52,303 | - | - |
| + Depreciation and write-downs630 | €17,326 | €20,177 | €19,152 | €17,285 | €26,729 | €9,729 | - | - | - |
| Operating cash flow (approximation) | €4,794 | €27,264 | €24,447 | €101,304 | €56,924 | €20,414 | -€52,303 | - | - |
| Investment in fixed assets (approximation) | - | -€7,079 | -€19,408 | -€78,286 | -€11,380 | €52,179 | - | - | - |
| Change in cash | - | €9,192 | -€4,383 | €32,525 | -€12,937 | - | - | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 27-03-2025 | abbreviated format | 30-07-2025 | 2025-00328560 | |
| 31-12-2024 | abbreviated format | 28-07-2025 | 2025-00327255 | |
| 31-12-2023 | abbreviated format | 30-09-2024 | 2024-00480682 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00404307 | |
| 31-12-2021 | micro format | 22-08-2022 | 2022-20309045 | |
| 31-12-2020 | micro format | 24-08-2021 | 2021-53900107 | |
| 31-12-2019 | micro format | 29-06-2020 | 2020-25200266 | |
| 31-12-2018 | micro format | 26-08-2019 | 2019-51500079 | |
| 31-12-2017 | micro format | 18-07-2018 | 2018-34700235 |