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Solidpharma

Active
Private limited companyfounded 201016 yrs activeHeistraat 16, 9052 Gent, BelgiumKBO/BCE: BE 0826.168.103
Summary

Solidpharma has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €733,170 and a net result of €163,718. Equity is shrinking by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 45% of 12396 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
NACE 47741Wholesale of pharmaceutical and medical goods NACE 46460NACE 47740
1 site
Size
€2.3mtotal assets 2025
Staff
6 FTE
Equity
€733,170
Profit
€163,718
Turnover not published (abridged schema)
Financial health
87 Excellent Checked score 2025
Bankruptcy chance 12 m
0.3%
Structure
Parent
Namalno · 100%
Accounts filed 3 d late0 of 9 deeds read
Why 87- Sector Retail trade (NACE 47)+ Founded in 2010+ Figures for FY 2025 (filed 05-01-2026)+ Liquidity: current ratio 1.30, cash €296,454Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Better than 56% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency 57+7
equity 32.1% of total assets
Liquidity 34+12
short-term debt 62.1% · cash 13.0%
Profitability 78+21
return on assets 7.2%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,158 companies)
Last 24 months 11-2024: 0.6% 12-2024: 0.7%▲ +25.8% vs 11-2024 01-2025: 1.2%▲ +64.0% vs 12-2024 02-2025: 0.8%▼ -31.2% vs 01-2025 03-2025: 0.8%● 0.0% vs 02-2025 04-2025: 0.8%● 0.0% vs 03-2025 05-2025: 0.8%● 0.0% vs 04-2025 06-2025: 0.8%▼ -0.7% vs 05-2025 07-2025: 0.8%● 0.0% vs 06-2025 08-2025: 0.8%▼ -2.4% vs 07-2025 09-2025: 0.8%▼ -5.5% vs 08-2025 10-2025: 0.8%▲ +1.2% vs 09-2025 11-2025: 0.8%▲ +4.8% vs 10-2025 12-2025: 1.1%▲ +34.5% vs 11-2025 01-2026: 1.7%▲ +60.3% vs 12-2025highest value 02-2026: 0.2%▼ -86.8% vs 01-2026lowest value 03-2026: 0.2%● 0.0% vs 02-2026lowest value 04-2026: 0.2%● 0.0% vs 03-2026lowest value 05-2026: 0.2%● 0.0% vs 04-2026lowest value 06-2026: 0.2%● 0.0% vs 05-2026lowest value 07-2026: 0.2%▲ +5.2% vs 06-2026 08-2026: 0.2%● 0.0% vs 07-2026 09-2026: 0.3%▲ +10.7% vs 08-2026 10-2026: 0.3%▲ +1.1% vs 09-2026
  • Founded in 2010 lowers the probability for this profile
  • Figures for FY 2025 (filed 05-01-2026) lowers the probability
  • Sector Retail trade (NACE 47) raises the probability
  • Liquidity: current ratio 1.30, cash €296,454 lowers the probability
Credit up to €60,000 at 30 days acceptable
Liquidity tight (current ratio 1.3 against 1.06 in 2024; short-term debt: 62.1% and cash: 13% of total assets), and 67.9% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 48%, liquidity 31%, profitability 67%, growth against the median 79%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Founded in 2010
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Figures for FY 2025 (filed 05-01-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Sector Retail trade (NACE 47)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Liquidity: current ratio 1.30, cash €296,454
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
18192021232425
2018 to 2025 · latest year €733,170
neutral · Filed after the deadline
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 03-01-2026, 3 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 filings
Deviation from the deadline
2025
3 d late
2024
6 d late
2023
3 d late
2021
31 d late
2020
30 d late
2019
77 d early
2018
55 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 8 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today. Usually files around 3 January (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-05-2026 close06-10-2026 today31-12-2026 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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Weakest financial yearnet €14,558 ▼93.6%

Key points

  • Positive: Result rose in 2025from €14,558 to €163,718 ▲ 1,025% View
  • Positive: Among the best 15% on net resultsector median €28,387 · 12,384 companies €163,718 View
  • Controlled by Namalno 100% View
  • Positive: 7 profitable years in a rowprofit 2025: €163,718 7 years View
  • Flemish supportawarded 2022 - 2025 €61,939 View

By topic

Financials

Fiscal year
2025
Total assets
€2.3m
Profit
€163,718
Solvency
32.1%
Total assets▲ 1.9%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2016
Next accounts
by 31-12-2026
  1. 03-01-2026Annual accounts filed
  2. 06-01-2025Annual accounts filed
  3. 31-05-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of medical and orthopaedic goods, excluding…NACE 47741
Founded
19-05-2010
Year ends
31-05
Peppol
Reachable for e-invoices
Go to Company details

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