Financials
- Financial year
- 2025
- Total assets
- €477,976
- Loss
- -€31,218
- Solvency
- 1.5%
Total assets▲ 0.7%
Net result
20202025
Solidfence
ActiveThe file of Solidfence contains 2 historical bankruptcy publications and 1 administrative flag, as published in the Belgian Official Gazette.
Summary
The annual accounts of Solidfence for financial year 2025 show a net loss of 81% of the equity at the start of that year. The computed 12-month bankruptcy probability is 12.6% (high). The 2025 annual accounts show equity of €7,180 and a net result of -€31,218. Equity is shrinking by about 33% per year across the filed financial years. Its solvency ranks better than 13% of 9,302 sector peers (NACE 41, financial year 2025).
Overview
Activity
General construction of residential buildings
NACE 41001Joinery installation NACE 43320
1 site
Size
€477,976total assets 2025
- Equity
- €7,180
- Loss
- -€31,218
Turnover not published (abbreviated or micro format)
Structure
- Holdings
- 1
2025 accounts 32 days early1 of 6 deeds summarised
Why 28raises risk2 of the last 3 lateSector: Construction of residential and non-residential buildings (NACE 41)Ex-officio strike-off in the KBOLiquidity: current ratio 1.49, cash €1,225, halvedShow the evidence
Checked score
Score 2025
28
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 14% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Weak
Solvency
27-6
equity 1.5% of total assets
Liquidity
26-9
short-term debt 48.6% · cash 0.3%
Profitability
22-19
return on assets -6.5%
Bankruptcy probability, 12 months
12.6%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 7.7%lowest value
12-2024: 8.1%▲ +0.4 percentage points vs 11-2024
01-2025: 8.1%● unchanged vs 12-2024
02-2025: 8.3%▲ +0.2 percentage points vs 01-2025
10-2026: 12.6%highest value
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.49, compared with 1.82 in 2024, below the usual 1.5; short-term debt: 48.6% and cash: 0.3% of total assets), and 98.5% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 12% on solvency, 21% on liquidity, 17% on profitability and 7% on growth.
The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Eight signals.
raises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 9302 sector peers (2025).
NBB · sector comparisonPosition among 9302 sector peers
Solvency
better than 13%
← weakest
strongest →
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 29-06-2026, 32 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
32 days early
2024
251 days late
2023
71 days late
2022
65 days late
2021
156 days late
2020
9 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 87 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struckAddress strikeout stopped
Searched, nothing found (1)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 October (4 of the last 5 filed years within 104 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Registered officeRegistered-office move · Director in…
Key points
By topic
Network & group
- Subsidiaries
- 1
1 subsidiary
Timeline
- Events
- 13
- Since
- 2021
- Next accounts
- by 31-07-2027
- 21-03-2025Bankruptcy reversal
- 28-02-2025Address struck
- 28-02-2025Address strikeout stopped
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General construction of residential buildingsNACE 41001
- Founded
- 06-12-2019
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about Solidfence
- What is the company number of Solidfence?
- 0738.840.288. In Belgium the VAT number is the company number with BE in front: BE 0738.840.288.
- Where is Solidfence based?
- The registered office is at Industrielaan 4, 9320 Aalst.Company details
- What does Solidfence do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of Solidfence?
- Private limited company (BV).
- When was Solidfence founded?
- On 06-12-2019.
- Is Solidfence still active?
- Yes, Solidfence is an active enterprise in the KBO register.
- What is the turnover of Solidfence?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is Solidfence profitable?
- In financial year 2025, Solidfence made a loss of €31,218.
- Where can I find the annual accounts of Solidfence?
- Solidfence filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Solidfence due?
- By 31-07-2027, for financial year 2026.Timeline
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Subsidiaries and holdings
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