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SOLIDE

Active Public limited companyfounded 1992active for 34 yearsSenatorlaan 12, 3201 AarschotKBO/BCE: BE 0448.256.794 subsidiary of

Lifetime

19 annual accounts with figures on one time axis, 33 filings since 1993
peak €12.9m (2023)
€11.9m▲ 1.2%
lowest -€55,238 (2013)
€57,123▲ 514%
peak €3.4m (2025)
€3.4m▲ 1.7%
€3.4m▲ 183%
peak 10.2 FTE (2025)
10.2 FTE▲ 2.0%
Board8 names since 2015
1 director
Owners3 names in the annual accounts
99.98% and 2 others
Documentsfilings and deeds
13-03-202648 days before the deadline
2025financial year
Result from €9,298 to €57,1231 director appointed, 2 resignations 29-08Debts from €1.2m to €3.4m

Key points

from the 2025 annual accounts

Debts

€3.4m ▲ 183%
Other debts
+2.2
Taxes and wages
+0.03
The rest
-0.06

Debts rose by €2.2m in 2025.

Staff

11 employees on 30-09-2025
102021112022402023012024212025

In 2025, 2 people joined and 1 left.

Filings

33 annual accounts since 1993
deadline200020102020

Four of the last ten came late. The 2017 accounts came latest: 31 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 14,766 companies had the same profile as SOLIDE has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 14,766 companies, not a prediction for SOLIDE. 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.

Credit verdict

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Signals

Board and ownership

Director, , since 21-08-2025
Auditor,
  • 99.98%score equity €14.2m (2025) · annual accounts 30-09-2025
  • 0.01%annual accounts 30-09-2025
  • 0.01%annual accounts 30-09-2025

Shares in 1 company,

Board & ownership

Recent changes

1 director appointed, 2 resignations Resignations: and · Permanent representatives: and · Appointment: (sole director) · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0448256794
1 statutory auditor resigning, 1 reappointment Resignation: (statutory auditor) · Reappointment: (statutory auditor) · Permanent representative: · General meeting of 31-03-2022 · Gazette deed
1 director appointed, 4 resignations, 1 statutory auditor reappointed Reappointment: (statutory auditor) · Change of role: , from director to managing director · Resignations: , , and · General meeting of 31-03-2021 · Gazette deed
All 44 events

Comparable companies

same main activity, similar in size and age
Company
SOLIDE Aarschot €11.9m 2.4% 50.6% 10.2
ISCAR BENELUX Dilbeek €8.6m 8.7% 87.2% 9.9
Hikoki Power Tools Belgium Dilbeek €10.1m 5.6% 40.1% 11.3
CONTIMAC Asse €16.3m 3.0% 80.0% 18.1
GERMOND Izegem €14.7m 1.6% 55.9% 18.7
UNITRON Poperinge €9.3m 0.3% 72.9% 18
PEPPERL + FUCHS Schoten €9.1m 5.6% 68.2% 16.5
-10%0%10%20%€10m€100m€1bn€10bnSOLIDEEBIT margin

Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as SOLIDE: wholesale of machine tools (NACE 46620). They are comparable in size and age: total assets between €3.1m and €9m, founded between 1983 and 1989.

Official details

Source: KBO
Status
Active since 18-09-1992Normal situation
Activity
Wholesale of machine toolsNACE 46620and 1 other
Joint committees
111Metal, mechanical and electrical engineering
209White-collar workers in metal manufacturing · annual accounts 30-09-2025
Establishment unit
2.059.337.4173201 Aarschot, since 27-10-1992
Financial year end
30 September
Peppol
Reachable since 15-05-2025
Company details

Annual accounts to 30-09-2025

€6.8m▲ 48.7%
Employeeson 30-09-2025
11▲ 10.0%
Filing
Filed on 13-03-2026, 48 days before the end of the filing period
Financials

Insights on SOLIDE

Solvency fell in 2025 from 74.0% to 50.6%.

holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about SOLIDE

What is the company number of SOLIDE?
The company number of SOLIDE is 0448.256.794. The VAT number is the same number with BE in front: BE 0448.256.794.
Where is SOLIDE based?
The registered office is at Senatorlaan 12, 3201 Aarschot.Company details
What does SOLIDE do?
According to the KBO register, the main activity is wholesale of machine tools (NACE 46620).
What is the legal form of SOLIDE?
SOLIDE is a public limited company (NV).
When was SOLIDE founded?
SOLIDE was founded on 18-09-1992.
Is SOLIDE still active?
Yes, SOLIDE is an active enterprise in the KBO register.
How many employees does SOLIDE have?
SOLIDE had an average of 10.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does SOLIDE fall under?
In its 30-09-2025 annual accounts, SOLIDE states joint committees 111 (Metal, mechanical and electrical engineering) and 209 (White-collar workers in metal manufacturing).
What is the turnover of SOLIDE?
The turnover of SOLIDE was €11.9m in financial year 2025, according to the filed annual accounts.
Is SOLIDE profitable?
In financial year 2025, SOLIDE made a profit of €57,123.
Where can I find the annual accounts of SOLIDE?
SOLIDE filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SOLIDE due?
SOLIDE must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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