SOLIDTECH
ActiveSummary
SOLIDTECH has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €102,387 and a net result of €43,670. Equity is growing by about 4.4% per year across the filed financial years. Its solvency ranks better than 75% of 1,680 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €102,387
- Profit
- €43,670
- RUBBRECHT EmielDirector
- VAN DE VELDE MarleenDirector
Why 96raises risk1 of the last 3 lateSector: Repair, maintenance and installation of machinery and equipment (NACE 33)lowers riskLiquidity: current ratio 3.16, cash €125,952Equity €102,387 (68.7% of total assets)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 33, micro): better than 76% on solvency, 85% on liquidity, 90% on profitability and 26% on growth.
The bankruptcy probability was computed on 27-10-2026 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
This company filed its last 7 accounts on average 21 days before the deadline; the sector median (NACE 33) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Weakest financial yearnet €31,700 ▼30.9%
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 35% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 33, Repair, maintenance and installation of machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 34,693 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,693 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,924 | €6,959 | €1,046 | €7,510 | €8,088 | €9,364 | €9,814 | €8,191 | ▼ 16.5% |
| Other operating charges640/8 | - | - | - | €1,461 | €1,175 | €1,198 | €395 | €544 | ▲ 37.6% |
| Gross operating margin9900 | €55,127 | €53,881 | €42,144 | €53,044 | €62,573 | €68,760 | €56,025 | €70,430 | ▲ 25.7% |
| Operating profit (loss)9901 | €42,087 | €45,794 | €39,905 | €44,073 | €53,310 | €58,198 | €45,815 | €61,695 | ▲ 34.7% |
| Financial income75/76B | - | - | - | €0 | - | - | - | €1,753 | - |
| Recurring financial income75 | - | - | - | €0 | - | - | - | €1,753 | - |
| Financial charges65/66B | - | - | - | €566 | €353 | €140 | €3,756 | €4,601 | ▲ 22.5% |
| Recurring financial charges65 | €79 | €72 | €737 | €566 | €353 | €140 | €3,756 | €4,601 | ▲ 22.5% |
| Profit (loss) for the period before taxes9903 | €42,009 | €45,722 | €39,168 | €43,507 | €52,958 | €58,058 | €42,059 | €58,847 | ▲ 39.9% |
| Income taxes67/77 | €9,811 | €9,995 | €6,555 | €9,218 | €10,996 | €12,175 | €10,359 | €15,178 | ▲ 46.5% |
| Profit (loss) for the period9904 | €32,198 | €35,728 | €32,614 | €34,289 | €41,962 | €45,883 | €31,700 | €43,670 | ▲ 37.8% |
| Profit (loss) for the period to be appropriated9905 | €32,198 | €35,728 | €32,614 | €34,289 | €41,962 | €45,883 | €31,700 | €43,670 | ▲ 37.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €96,431 | €123,150 | €186,300 | €184,115 | €182,743 | €189,645 | €157,768 | €149,077 | ▼ 5.5% |
| Fixed assets21/28 | €6,959 | - | €36,503 | €28,993 | €26,050 | €19,636 | €9,821 | €1,630 | ▼ 83.4% |
| Tangible fixed assets22/27 | €6,959 | - | €36,503 | €28,993 | €26,050 | €19,636 | €9,821 | €1,630 | ▼ 83.4% |
| Plant, machinery and equipment23 | - | - | - | €28,993 | €21,483 | €16,784 | €8,684 | €1,630 | ▼ 81.2% |
| Furniture and vehicles24 | - | - | - | - | €4,566 | €2,852 | €1,137 | - | - |
| Current assets29/58 | €89,471 | €123,150 | €149,796 | €155,121 | €156,694 | €170,010 | €147,947 | €147,447 | ▼ 0.3% |
| Stocks and contracts in progress3 | €7,740 | €6,671 | €6,229 | €6,136 | €6,136 | €6,136 | €6,136 | €6,136 | = |
| Stocks30/36 | - | - | - | €6,136 | €6,136 | €6,136 | €6,136 | €6,136 | = |
| Amounts receivable within one year40/41 | €22,057 | €23,007 | €27,107 | €23,745 | €29,209 | €11,211 | €7,579 | €15,359 | ▲ 103% |
| Trade receivables40 | - | - | - | €22,965 | €28,209 | €10,871 | €2,942 | €10,722 | ▲ 264% |
| Other amounts receivable41 | - | - | - | €780 | €1,000 | €340 | €4,637 | €4,637 | = |
| Current investments50/53 | - | - | - | - | - | - | €50,000 | - | - |
| Cash at bank and in hand54/58 | €58,888 | €92,685 | €115,717 | €124,440 | €120,545 | €151,820 | €84,232 | €125,952 | ▲ 49.5% |
| Deferred charges and accrued income490/1 | - | - | - | €800 | €803 | €842 | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €96,431 | €123,150 | €186,300 | €184,115 | €182,743 | €189,645 | €157,768 | €149,077 | ▼ 5.5% |
| Equity10/15 | €68,141 | €103,869 | €112,483 | €116,772 | €141,133 | €127,017 | €108,717 | €102,387 | ▼ 5.8% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €60,081 | €95,809 | €104,423 | €108,712 | €120,673 | €106,557 | €88,257 | €81,927 | ▼ 7.2% |
| Amounts payable17/49 | €28,289 | €19,281 | €73,817 | €67,343 | €41,610 | €62,629 | €49,051 | €46,691 | ▼ 4.8% |
| Amounts payable after more than one year17 | - | - | €20,650 | €8,931 | - | - | - | - | - |
| Financial debts170/4 | - | - | - | €8,931 | - | - | - | - | - |
| Amounts payable within one year42/48 | €28,289 | €19,281 | €53,167 | €58,412 | €41,610 | €62,629 | €48,951 | €46,591 | ▼ 4.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €11,719 | €8,931 | - | - | - | - |
| Trade debts44 | €7,617 | €301 | €323 | €203 | €94 | €217 | €2,562 | €2,134 | ▼ 16.7% |
| Suppliers440/4 | - | - | - | €203 | €94 | €217 | €2,562 | €2,134 | ▼ 16.7% |
| Taxes, remuneration and social security45 | - | - | - | €7,041 | €7,572 | €13,842 | €8,556 | €8,764 | ▲ 2.4% |
| Taxes450/3 | - | - | - | €7,041 | €7,572 | €13,842 | €8,556 | €8,764 | ▲ 2.4% |
| Other amounts payable47/48 | - | - | - | €39,449 | €25,012 | €48,569 | €37,833 | €35,693 | ▼ 5.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €100 | €100 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32,198 | €35,728 | €32,614 | €34,289 | €41,962 | €45,883 | €31,700 | €43,670 | ▲ 37.8% |
| + Depreciation and write-downs630 | €11,924 | €6,959 | €1,046 | €7,510 | €8,088 | €9,364 | €9,814 | €8,191 | ▼ 16.5% |
| Operating cash flow (approximation) | €44,122 | €42,687 | €33,660 | €41,799 | €50,049 | €55,247 | €41,514 | €51,860 | ▲ 24.9% |
| Investment in fixed assets (approximation) | - | - | - | €0 | -€5,144 | -€2,950 | €0 | €0 | - |
| Change in cash | - | €33,797 | €23,032 | €8,723 | -€3,895 | €31,275 | -€67,589 | €41,720 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00362188 |
| 31-12-2024 | micro format | 31-08-2025 | 2025-00453620 |
| 31-12-2023 | micro format | 28-06-2024 | 2024-00177001 |
| 31-12-2022 | micro format | 28-07-2023 | 2023-00283102 |
| 31-12-2021 | micro format | 29-04-2022 | 2022-20017532 |
| 31-12-2020 | micro format | 30-07-2021 | 2021-43600340 |
| 31-12-2019 | micro format | 12-06-2020 | 2020-16500346 |
| 31-12-2018 | micro format | 27-06-2019 | 2019-24700471 |
| 31-12-2017 | micro format | 25-07-2018 | 2018-37500184 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| RUBBRECHT Emiel |
|
| VAN DE VELDE Marleen |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
18-01
Gazette deed
Appointments: RUBBRECHT Emiel (director) and VAN DE VELDE Marleen (plaatsvervangend niet statutair bestuurder)Capital conversion · Reserve release · Amendment of the articles11 facts ▸
- General meeting, 17-11-2023
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, statuten aanpassen” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “vormen en meerderheden van statutenwijziging, opheffen” (deed in Dutch)
- Amendment of the articles
- Capital
- Power of attorney, Gilles VAN OUDENHOVE
- Director appointment, RUBBRECHT Emiel (director (not named in the articles))
- Director appointment, VAN DE VELDE Marleen (plaatsvervangend niet statutair bestuurder)
- Registered office clause, “9400 Denderwindeke,Rijstraat 151, ZESDE BESLUIT” (deed in Dutch)
- Power of attorney
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 41012C1808/00G000 | Flanders | 1,006 m² | 1 · 171 m² | 6.2 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Integrale productontwikkeling omvattende de concept- en haalbaarheidsstudie,3D modelling,detailed design en prototyping; Algemene…” (deed in Dutch)
18 activities (deed in Dutch)
- Integrale productontwikkeling omvattende de concept- en haalbaarheidsstudie,3D modelling,detailed design en prototyping.
- Algemene automatisatiewerken en studies daaromtrent,het ontwerp en de productie van goederen,machines,metaalconstructies en technische installaties.
- De constructie,de montage,de assemblage en de installatie van pompen en pompinstallaties;de herstelling en de revisie van pompen en pompinstallaties,alsook het onderhoud ervan;dit alles in de meest ruime zin.
- De aan- en verkoop,zowel groothandel als kleinhandel,de in- en uitvoer,de verhuur van pompen en pompinstallaties,met inbegrip van alle onderdelen,toebehoren,uitrustingen,wisselstukken,meet- en testinstrumenten en aanverwante die er rechtstreeks of onrechtstreeks mee in verband staan;
- De vervaardiging van industriële ovens en branders,inclusief branders voor ketels van centrale verwarming,evenals de plaatsing,het onderhoud en herstellen ervan;
- Installatie van CV,klimaat,gas en sanitair;
- Electrotechnische activiteiten zoals het herstellen van elektrische toestellen en het plaatsen en herstellen van alle elektrische installaties voor stroomvoorziening,voor verlichting,voor lichtreclame,voor verwarming,voor andere klimaatregeling dan deze voorzien voor de installatieactiviteiten voor centrale verwarming,klimaatregeling,gas en sanitair,voor domotica,voor communicatie,voor signalisatie,voor opname en weergave van beelden of geluiden en voor beveiliging tegen overspanning,brand of diefstal.
- De vertegenwoordiging en de commissiehandel van al deze producten;
- Alle zodanige verrichtingen en handelingen die er rechtstreeks of onrechtstreeks betrekking op hebben,zoals bijvoorbeeld,het aankopen,verkopen,verhuren,vervreemden en vestigen van alle zakelijke rechten,het beheren,alleen of in participatie,voor eigen rekening of voor rekening van derden.
- De vennootschap mag ook tussenkomen bij de uitvoering van het studiewerk,het ontwerp,de engineering,de planning en coördinatie,het onderzoek,het beheer,de uitbating en meer algemeen de intellectuele benadering van elk aspect inzake technieken van transport van vloeistoffen van alle aard.
- De vennootschap mag op welke wijze ook betrokken zijn in zaken,ondernemingen of vennootschappen die hetzelfde,een soortgelijk,een gelijkaardig of samenhangend voorwerp hebben,dat van aard is de ontwikkeling van haar vennootschap te bevorderen,haar grondstoffen kan verschaffen of haar producten gemakkelijker kan verdelen.
- De vennootschap mag eveneens de functies van een bestuurder of vereffenaar uitoefenen in andere vennootschappen.
- De vennootschap kan zowel tot waarborg van eigen verbintenissen,als tot waarborg van verbintenissen van derden borg stellen,onder meer door haar eigen goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak.
- De vennootschap heeft eveneens tot voorwerp:de aankoop,ruiling,verkoop,in huurneming,verhuring en onderhoud van onroerende goederen,evenals de financieringsverrichtingen,toegelaten door de wet.
- De vennootschap mag eveneens haar beschikbare middelen beleggen in onroerende goederen en waarden,het verwerven,het te gelde maken,inbreng,afstaan en verhandelen door uitgiften of andere middelen van alle soorten marktwaarden,aandelen of obligaties,van participaties of belangen onder gelijk welke vorm in Belgische of buitenlandse vennootschappen,bestaand of op te richten.
- Voormelde opsommingen zijn enkel uitleggend en niet beperkend.
- De vennootschap mag dit voorwerp verwezenlijken voor zichzelf als voor derden,zowel in België als in het buitenland.
- Op algemene wijze mag zij allerhande burgerlijke,commerciële,industriële,financiële,roerende en onroerende verrichtingen uitvoeren,welke rechtstreeks of onrechtstreeks verband houden met haar voorwerp,die de verwezenlijking van het voorwerp kunnen vergemakkelijken of uitbreiden en die daartoe noodzakelijk,nuttig of zelfs enkel bevorderend zijn.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SOLIDTECH
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of buitenland door enkel besluit…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, één of meer bestuurders” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of June at 14:00