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SOLIDE

Active
Private limited companyfounded 198837 yrs activeMagnolialaan 9, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0435.362.922

SOLIDE has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45k and a net result of €-10k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 86% of 716 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
69 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 4.81 against 5.17 in 2024; short-term debt: 20.8% and cash: 77.3% of total assets), and 20.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 37 years 0 40 y
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 2025
Solvency, return and age of the figures
Solvency
79.2%
Return on assets
-17.3%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year €-10k
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
29 d late
2023
27 d late
2022
29 d late
2021
2 d early
2020
31 d late
2019
32 d late
← before the deadline after the deadline →
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 months
Position in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€45k▼ 18.0%
2024 · €55k
2018: €-103k 2019: €-30k 2020: €32k 2021: €61k 2022: €59k 2023: €80k 2024: €55k
2018 → 2025
Total assets
€57k▼ 16.5%
2024 · €68k
2018: €41k 2019: €112k 2020: €73k 2021: €85k 2022: €87k 2023: €82k 2024: €68k
2018 → 2025
Net result
€-10k▲ 60.8%
2024 · €-25k
2018: €64k 2019: €73k 2020: €61k 2021: €29k 2022: €-2k 2023: €21k 2024: €-25k
2018 → 2025
Working capital
€45k▼ 18.0%
2024 · €55k
2018: €-103k 2019: €-31k 2020: €31k 2021: €60k 2022: €59k 2023: €80k 2024: €55k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€61k-€59k▼ 3.2%€80k▲ 35.7%€55k▼ 31.4%€45k▼ 18.0%
Operating result€45k-€-9k€28k€-25k€-9k▲ 64.0%
Net result€29k-€-2k€21k€-25k€-10k▲ 60.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20k€40kOperating result 2021: €45k€45kNet result 2021: €29k€29kOperating result 2022: €-9k€-9kNet result 2022: €-2k€-2kOperating result 2023: €28k€28kNet result 2023: €21k€21kOperating result 2024: €-25k€-25kNet result 2024: €-25k€-25kOperating result 2025: €-9k€-9kNet result 2025: €-10k€-10k20212022202320242025
The operating result stays negative: a loss of €9k in 2025 against €25k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €57k
Equity €45k▼ 18.0%
Debt €12k▼ 10.3%
The debt ratio rises from 19.4% to 20.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Solvency
79.2%
2024 · 80.6%
Current ratio
4.81
2024 · 5.17
Quick ratio
4.81
2024 · 5.17
Debt / equity
0.26
2024 · 0.24
ROE
-21.9%
2024 · -45.8%
ROA
-17.3%
2024 · -37.0%
Debt
€12k
2024 · €13k
Debt ≤ 1 year
€12k
2024 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€68k€57k
Current assets29/58€68k€57k
Amounts receivable within one year40/41€22k€13k
Trade receivables40-€7k
Other amounts receivable41€22k€5k
Cash at bank and in hand54/58€46k€44k
Equity and liabilities
Total equity and liabilities10/49€68k€57k
Equity10/15€55k€45k
Contributions10/11€25k€25k=
Reserves13€36k€36k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€35k€35k=
Profit (loss) carried forward14€-6k€-16k
Amounts payable17/49€13k€12k
Amounts payable within one year42/48€13k€12k
Advances received on contracts in progress46€11k€12k
Taxes, remuneration and social security45€2k-
Taxes450/3€2k-
Income statement Code20242025
Other operating charges640/8€362€776
Gross operating margin9900€-25k€-8k
Operating profit (loss)9901€-25k€-9k
Financial income75/76B-€106
Recurring financial income75-€106
Financial charges65/66B€206€974
Recurring financial charges65€206€974
Profit (loss) for the period before taxes9903€-25k€-10k
Profit (loss) for the period9904€-25k€-10k
Profit (loss) for the period to be appropriated9905€-25k€-10k
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-16k
Profit (loss) brought forward from the previous period14P€19k€-6k

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial Weakest financial yearnet €-25k ▼219%
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
27-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
31-12
Financial Back to profitnet €21k
Net result €21k after one loss-making year.
31-12
Financial Liquidity times 16current ratio 47.99
Current ratio from 3.09 to 47.99; short-term debt falls from €28k to €2k.
29-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
29-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial Liquidity doublescurrent ratio 1.74
Current ratio from 0.78 to 1.74; short-term debt falls from €142k to €42k.
01-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 32 days late
2019
31-12
Financial Highest result since 2018net €73k ▲13.8%
Operating result €77k, net result €73k, both a record.
20-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 20 days late
2018
28-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
22-01-2024 VAN TICHELEN Tina: Resigned as Director
22-01-2024 WEYNS Marie-Louise: Resigned as Director
31-12-2017 Abdel Rahman: Resigned as Manager
31-12-2010 Ingrid Schilleman: Resigned as Manager
Location & real-estate footprint
Registered office, Sint-Niklaas · 1 establishment unit since 1988
establishment The establishment unit on the map
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.

Magnolialaan 99100 Sint-Niklaas
Ground area
4,321 m²
Building footprint
3,270 m²
Volume, LiDAR
28,722 m³
2 parcels, Flanders · tallest building 21.4 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
SOLIDE INTERNATIONAL
Oudeleeuwenrui 7/11, 2000 AntwerpenFreight transport by road
since 19882.040.472.994
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46445D1353/00N000 Flanders 3,294 m² 1 · 2,251 m² 13.0 m · 2 fl.
11802B0071/00F000
ProtectedMonument · Townscape or village viewBouwblok met pakhuizenSource ↗
Flanders 1,027 m² 1 · 1,019 m² 21.4 m · 6 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Similar companies · same sector, comparable size

Of 3,190 companies in sector 52250 we hold annual accounts for 1,956. 1,120 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded07-10-1988
Fiscal year end31-12
Activities, NACEBEL
52250Logistics services
52290Warehousing and support activities for transportation
49410Freight transport by road
50200Water transport
52241Warehousing and support activities for transportation
52249Warehousing and support activities for transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.