Summary
Solidtec is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €21,430 and a net result of €70,144. Equity is growing by ~27.3% per year across the filed fiscal years. Its solvency ranks better than 12% of 9745 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Financials · fiscal year 2025, micro schema
Equity
€21,430▼ 92.7%
2024 · €293,520
Net result
€70,144▲ 99.5%
2024 · €35,165
Total assets
€455,776▲ 45.2%
2024 · €313,908
Solvency
4.7%▼ 88.8pp
2024 · 93.5%
Trend over the years
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result recovers in 2025; 2025 is 104% above 2024 and is the highest result in the available series.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
Operating result€87,942
2025
Net result€70,144
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€455,776
2025
Equity€21,430
2025
Debt€434,346
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€8,780
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)15.4%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency4.7%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.02
2025
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€12,483-€35,286▲ 183%€55,028▲ 55.9%€66,779▲ 21.4%€47,942▼ 28.2%€57,061▲ 19.0%€43,021▼ 24.6%€87,942▲ 104%
Net result€9,797-€27,885▲ 185%€43,851within the sector's middle half▲ 57.3%€53,017within the sector's middle half▲ 20.9%€37,359within the sector's middle half▼ 29.5%€45,806within the sector's middle half▲ 22.6%€35,165within the sector's middle half▼ 23.2%€70,144within the sector's middle half▲ 99.5%
Equity€50,404-€78,289▲ 55.3%€122,173within the sector's middle half▲ 56.1%€175,190within the sector's middle half▲ 43.4%€212,549within the sector's middle half▲ 21.3%€258,354within the sector's middle half▲ 21.6%€293,520within the sector's middle half▲ 13.6%€21,430below the sector's middle half▼ 92.7%
Total assets€106,549-€91,107▼ 14.5%€126,234within the sector's middle half▲ 38.6%€232,231within the sector's middle half▲ 84.0%€257,485within the sector's middle half▲ 10.9%€294,241within the sector's middle half▲ 14.3%€313,908within the sector's middle half▲ 6.7%€455,776within the sector's middle half▲ 45.2%
Debt€56,145-€12,818▼ 77.2%€4,061▼ 68.3%€57,041▲ 1,305%€44,936▼ 21.2%€35,887▼ 20.1%€20,388▼ 43.2%€434,346▲ 2,030%
Working capital€35,134-€57,686▲ 64.2%€106,791within the sector's middle half▲ 85.1%€152,681above the sector's middle half▲ 43.0%€188,874above the sector's middle half▲ 23.7%€234,535above the sector's middle half▲ 24.2%€272,252above the sector's middle half▲ 16.1%€8,780within the sector's middle half▼ 96.8%
Solvency47.3%-85.9%▲ 38.6pp96.8%above the sector's middle half▲ 10.9pp75.4%within the sector's middle half▼ 21.3pp82.5%above the sector's middle half▲ 7.1pp87.8%above the sector's middle half▲ 5.3pp93.5%above the sector's middle half▲ 5.7pp4.7%below the sector's middle half▼ 88.8pp
Current ratio1.77-5.53▲ 3.7627.30above the sector's middle half▲ 21.768.41above the sector's middle half▼ 18.899.58above the sector's middle half▲ 1.179.82above the sector's middle half▲ 0.2414.35above the sector's middle half▲ 4.531.02within the sector's middle half▼ 13.33
Return on assets (ROA)9.2%-30.6%▲ 21.4pp34.7%above the sector's middle half▲ 4.1pp22.8%within the sector's middle half▼ 11.9pp14.5%within the sector's middle half▼ 8.3pp15.6%within the sector's middle half▲ 1.1pp11.2%within the sector's middle half▼ 4.4pp15.4%within the sector's middle half▲ 4.2pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €455,776
Fixed assets
€73,404 ▲ 245%
Current assets
€382,372 ▲ 30.7%
Equity and liabilities €455,776
Equity
€21,430 ▼ 92.7%
Debt
€434,346 ▲ 2,030%
Debt's share of the balance-sheet total rises from 6.5% to 95.3%. Equity is lower and debt is higher.
Key figures and ratios
ROE
327.3%▲
2024 · 12.0%
Debt ≤ 1 year
€373,592▲
2024 · €20,388
Debt > 1 year
€60,754
Income taxes
€17,758▲
2024 · €9,010
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,709 | €6,851 | €6,845 | €5,361 | €13,574 | €13,481 | €12,784 | €2,568 | ▼ 79.9% |
| Other operating charges640/8 | - | - | - | €503 | €507 | €566 | €569 | €674 | ▲ 18.5% |
| Non-recurring operating charges66A | - | - | - | €2,923 | - | - | - | €5,424 | - |
| Gross operating margin9900 | €19,341 | €42,636 | €62,375 | €75,567 | €62,023 | €71,108 | €56,374 | €96,608 | ▲ 71.4% |
| Operating profit (loss)9901 | €12,483 | €35,286 | €55,028 | €66,779 | €47,942 | €57,061 | €43,021 | €87,942 | ▲ 104% |
| Financial income75/76B | - | - | - | - | - | €1,134 | €1,597 | €155 | ▼ 90.3% |
| Recurring financial income75 | €14 | €37 | - | - | - | €1,134 | €1,597 | €155 | ▼ 90.3% |
| Financial charges65/66B | - | - | - | €412 | €992 | €698 | €443 | €195 | ▼ 56.0% |
| Recurring financial charges65 | €268 | €483 | €133 | €412 | €992 | €698 | €443 | €195 | ▼ 56.0% |
| Profit (loss) for the period before taxes9903 | €12,229 | €34,839 | €54,896 | €66,368 | €46,951 | €57,497 | €44,175 | €87,902 | ▲ 99.0% |
| Income taxes67/77 | €2,432 | €6,954 | €11,045 | €13,350 | €9,592 | €11,691 | €9,010 | €17,758 | ▲ 97.1% |
| Profit (loss) for the period9904 | €9,797 | €27,885 | €43,851 | €53,017 | €37,359 | €45,806 | €35,165 | €70,144 | ▲ 99.5% |
| Profit (loss) for the period to be appropriated9905 | €8,404 | €26,398 | €43,851 | €53,017 | €37,359 | €45,806 | €35,165 | €70,144 | ▲ 99.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €106,549 | €91,107 | €126,234 | €232,231 | €257,485 | €294,241 | €313,908 | €455,776 | ▲ 45.2% |
| Fixed assets21/28 | €25,686 | €20,693 | €15,381 | €58,935 | €46,594 | €33,113 | €21,268 | €73,404 | ▲ 245% |
| Tangible fixed assets22/27 | €25,686 | €20,693 | €15,381 | €58,935 | €46,594 | €33,113 | €21,268 | €73,404 | ▲ 245% |
| Plant, machinery and equipment23 | - | - | - | €2,938 | €1,943 | €1,019 | €545 | €1,573 | ▲ 188% |
| Furniture and vehicles24 | - | - | - | €55,997 | €44,651 | €32,094 | €20,722 | €71,831 | ▲ 247% |
| Current assets29/58 | €80,864 | €70,414 | €110,852 | €173,295 | €210,890 | €261,128 | €292,640 | €382,372 | ▲ 30.7% |
| Stocks and contracts in progress3 | - | - | €2,846 | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €46,292 | €10,902 | €9,909 | €12,810 | €16,638 | €211,725 | €16,608 | €16,508 | ▼ 0.6% |
| Trade receivables40 | - | - | - | €12,161 | €16,638 | €9,225 | €13,619 | €14,071 | ▲ 3.3% |
| Other amounts receivable41 | - | - | - | €650 | - | €202,500 | €2,990 | €2,437 | ▼ 18.5% |
| Cash at bank and in hand54/58 | €34,351 | €59,291 | €97,886 | €159,692 | €193,405 | €48,158 | €275,199 | €364,170 | ▲ 32.3% |
| Deferred charges and accrued income490/1 | - | - | - | €793 | €848 | €1,245 | €833 | €1,695 | ▲ 103% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €106,549 | €91,107 | €126,234 | €232,231 | €257,485 | €294,241 | €313,908 | €455,776 | ▲ 45.2% |
| Equity10/15 | €50,404 | €78,289 | €122,173 | €175,190 | €212,549 | €258,354 | €293,520 | €21,430 | ▼ 92.7% |
| Contributions10/11 | €18,550 | €18,550 | - | €18,550 | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €31,854 | €59,739 | €103,623 | €156,640 | €193,999 | €239,804 | €274,970 | €2,880 | ▼ 99.0% |
| Non-distributable reserves130/1 | - | - | - | €1,855 | €1,855 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,855 | €1,855 | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €2,880 | €2,880 | €2,880 | €2,880 | €2,880 | = |
| Distributable reserves133 | - | - | - | €151,905 | €189,263 | €236,924 | €272,089 | - | - |
| Amounts payable17/49 | €56,145 | €12,818 | €4,061 | €57,041 | €44,936 | €35,887 | €20,388 | €434,346 | ▲ 2,030% |
| Amounts payable after more than one year17 | €10,415 | - | - | €36,298 | €22,909 | €9,254 | - | €60,754 | - |
| Financial debts170/4 | - | - | - | €36,298 | €22,909 | €9,254 | - | €60,754 | - |
| Amounts payable within one year42/48 | €45,729 | €12,728 | €4,061 | €20,615 | €22,017 | €26,593 | €20,388 | €373,592 | ▲ 1,732% |
| Current portion of amounts payable after more than one year42 | - | - | - | €13,127 | €13,389 | €14,781 | €9,254 | €18,572 | ▲ 101% |
| Trade debts44 | €22,147 | €1,088 | €2,307 | €4,934 | €5,039 | €6,920 | €5,823 | €11,279 | ▲ 93.7% |
| Suppliers440/4 | - | - | - | €4,934 | €5,039 | €6,920 | €5,823 | €11,279 | ▲ 93.7% |
| Taxes, remuneration and social security45 | - | - | - | €1,777 | €3,021 | €4,538 | €4,664 | €42,722 | ▲ 816% |
| Taxes450/3 | - | - | - | €1,777 | €3,021 | €4,538 | €4,664 | €42,722 | ▲ 816% |
| Other amounts payable47/48 | - | - | - | €777 | €568 | €355 | €648 | €301,018 | ▲ 46,368% |
| Accrued charges and deferred income492/3 | - | - | - | €128 | €10 | €40 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,797 | €27,885 | €43,851 | €53,017 | €37,359 | €45,806 | €35,165 | €70,144 | ▲ 99.5% |
| + Depreciation and write-downs630 | €6,709 | €6,851 | €6,845 | €5,361 | €13,574 | €13,481 | €12,784 | €2,568 | ▼ 79.9% |
| Operating cash flow (approximation) | €16,506 | €34,736 | €50,695 | €58,379 | €50,933 | €59,287 | €47,949 | €72,712 | ▲ 51.6% |
| Investment in fixed assets (approximation) | - | -€1,859 | -€1,533 | -€48,915 | -€1,233 | €0 | -€939 | -€54,704 | ▼ 5,727% |
| Change in cash | - | €24,940 | €38,594 | €61,807 | €33,712 | -€145,246 | €227,041 | €88,971 | ▼ 60.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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