SOLIDEM
ActiveSOLIDEM has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €8.24M and a net result of €251k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 92% of 4829 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
83
/ 100
Excellent▼ -11 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability15▼-7
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €700k at 30 days acceptable
Liquidity ample (current ratio 14.49 against 58.65 in 2023), and 5.6% 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 risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
94.4%
Return on assets
2.9%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
23 d late
2022
30 d late
2021
78 d late
2020
369 d late
2019
734 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€251k▼ 35.1%
2023 · €386k
2018: €159k
2019: €132k
2020: €121k
2021: €101k
2022: €82k
2023: €386k
2018 → 2024
Working capital
€4.42M▼ 5.7%
2023 · €4.68M
2018: €6.12M
2019: €3.38M
2020: €3.44M
2021: €3.57M
2022: €3.85M
2023: €4.68M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€8.18M-€8.28M▲ 1.2%€8.35M▲ 0.9%€8.71M▲ 4.2%€8.24M▼ 5.3%
Operating result€165k-€108k▼ 34.6%€-326k€203k€220k▲ 8.8%
Net result€121k-€101k▼ 16.6%€82k▼ 18.3%€386k▲ 370%€251k▼ 35.1%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 9% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8.73M
Fixed assets
€3.99M▼ 3.4%
Current assets
€4.74M▼ 0.5%
Equity and liabilities €8.73M
Equity
€8.24M▼ 5.3%
Provisions
€22k▼ 20.0%
Debt
€469k▲ 188%
The debt ratio rises from 1.8% to 5.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€414k▲
2023 · €391k
Cash flow
€445k▼
2023 · €575k
Solvency
94.4%▼
2023 · 97.9%
Current ratio
14.49▼
2023 · 58.65
Quick ratio
13.94▼
2023 · 56.15
Debt / equity
0.06▲
2023 · 0.02
ROE
3.0%▼
2023 · 4.4%
ROA
2.9%▼
2023 · 4.3%
Interest coverage
26.97▲
2023 · 17.79
Debt
€469k▲
2023 · €163k
Debt ≤ 1 year
€327k▲
2023 · €81k
Debt > 1 year
€28k▲
2023 · €27k
Income taxes
€135k▲
2023 · €66k
Staff costs
€187k▲
2023 · €184k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€8.90M€8.73M▼
Fixed assets21/28€4.13M€3.99M▼
Tangible fixed assets22/27€3.29M€3.15M▼
Land and buildings22€1.30M€1.27M▼
Furniture and vehicles24€39k€19k▼
Other tangible fixed assets26€1.95M€1.86M▼
Financial fixed assets28€840k€840k=
Current assets29/58€4.77M€4.74M▼
Stocks and contracts in progress3€203k€181k▼
Stocks30/36€203k€181k▼
Amounts receivable within one year40/41€448k€204k▼
Trade receivables40€66k€59k▼
Other amounts receivable41€382k€146k▼
Current investments50/53€2.57M€3.32M▲
Cash at bank and in hand54/58€1.43M€979k▼
Deferred charges and accrued income490/1€114k€62k▼
Equity and liabilities
Total equity and liabilities10/49€8.90M€8.73M▼
Equity10/15€8.71M€8.24M▼
Contributions10/11€506k€506k=
Capital10€506k€506k=
Issued capital100€506k€506k=
Reserves13€8.20M€7.74M▼
Non-distributable reserves130/1€301k€301k=
Legal reserve130€95k€95k=
Reserves not available under the articles1311€206k€206k=
Tax-exempt reserves132€43k€34k▼
Distributable reserves133€7.86M€7.40M▼
Provisions and deferred taxes16€27k€22k▼
Deferred taxes168€27k€22k▼
Amounts payable17/49€163k€469k▲
Amounts payable after more than one year17€27k€28k▲
Other amounts payable178/9€27k€28k▲
Amounts payable within one year42/48€81k€327k▲
Trade debts44€35k€14k▼
Suppliers440/4€35k€14k▼
Advances received on contracts in progress46€5k€11k▲
Taxes, remuneration and social security45€21k€48k▲
Taxes450/3€275€27k▲
Remuneration and social security454/9€21k€22k▲
Other amounts payable47/48€20k€254k▲
Accrued charges and deferred income492/3€55k€113k▲
Income statement
Code20232024
Non-recurring operating income76A-€28k
Remuneration, social security and pensions62€184k€187k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€188k€194k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€43k
Other operating charges640/8€139k€126k▼
Non-recurring operating charges66A€36k€4k▼
Gross operating margin9900€749k€775k▲
Operating profit (loss)9901€203k€220k▲
Financial income75/76B€266k€175k▼
Recurring financial income75€266k€175k▼
Financial charges65/66B€22k€15k▼
Recurring financial charges65€22k€15k▼
Profit (loss) for the period before taxes9903€447k€380k▼
Transfer from deferred taxes780€5k€5k=
Income taxes67/77€66k€135k▲
Profit (loss) for the period9904€386k€251k▼
Transfer from tax-exempt reserves789€9k€9k=
Profit (loss) for the period to be appropriated9905€395k€259k▼
Appropriation of the result
Profit (loss) to be appropriated9906€395k€259k▼
Transfer from equity791/2-€715k
Transfer to equity691/2€395k€259k▼
To other reserves6921€395k€259k▼
Profit to be distributed694/7-€715k
Return on contributions (dividend)694-€715k
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 27 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 23 days late
2023
31-12
Financial
Highest result since 2018net €386k ▲370%
Net result €386k, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 58.65
Current ratio from 28.63 to 58.65; short-term debt falls from €139k to €81k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €82k ▼18.3%
Net result drops to €82k, the lowest in the series; recovery starts the following year.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 78 days late
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 369 days late
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 734 days late
2019
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 142 days late
2018
17-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 139 days late
2017
13-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 44 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 2005
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.
Place Saint-Paul 3B4000 LiègeGround area
5,263 m²
Building footprint
936 m²
Volume, LiDAR
19,198 m³
2 parcels, Wallonia · tallest building 27.7 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
SOLIDEM S.A.
since 20052.149.553.850
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62826C0061/00D004 | Wallonia | 2,979 m² | 1 · 246 m² | 12.4 m · 2 fl. |
| 62803A1527/00G000 ProtectedSite or landscape |
Wallonia | 2,283 m² | 1 · 690 m² | 27.7 m · 9 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).
Recognitions · licences · registrations
Legal Entity Identifier
967600MFYGJT9OW18B68
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Of 9,093 companies in sector 68201 we hold annual accounts for 6,724. 2,428 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-09-2005
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.