SOLMAT

Active

Private limited companyfounded 2008active for 18 yearsVaartstraat 38, 2490 Balen, BelgiumKBO/BCE: BE 0896.753.518

Summary

SOLMAT has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €268,505. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 79% of 9,799 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

SOLMATActiveChecked score 97/100

Risk analysis Report Compare

Activity

Joinery installation

NACE 43320Floor and wall tiling NACE 43331

1 site

Size

€2.0mtotal assets 2025

Staff: 4.9 FTE
Equity: €1.4m
Profit: €268,505

Turnover not published (abbreviated format)

Financial health

97 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

Parent: PEETERS RAMEN EN DEUREN · 100%

Bonmark ManagementDirector · permanent representative BONTE Wouter Gerard Germain
V2M CONSTRUCTDirector · permanent representative VAN BALEN Bart

2025 accounts 7 days early2 of 7 deeds summarised

Why 97lowers riskLiquidity: current ratio 5.17, cash €1.1mEquity €1.4m (70.3% of total assets)Founded in 2008Figures for financial year 2025 (filed 24-07-2026)Show the evidence

Checked score

Score 2025

97 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 78% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 95+8

equity 70.3% of total assets

Liquidity 97+4

short-term debt 15.3% · cash 56.3%

Profitability 86-1

return on assets 13.6%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,613 companies, NACE 43, micro)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.1 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value

Credit of up to €130,000 on 30-day terms is acceptable

Liquidity ample (current ratio 5.17, compared with 3.51 in 2024, above the usual 1.5; short-term debt: 15.3% and cash: 56.3% of total assets), and 29.7% 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 43, micro): better than 76% on solvency, 93% on liquidity, 70% on profitability and 71% 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

Five signals.

lowers riskneutral

Liquidity: current ratio 5.17, cash €1.1m

NBB · annual accounts

Equity €1.4m (70.3% of total assets)

NBB · annual accounts

Founded in 2008

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Figures for financial year 2025 (filed 24-07-2026)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

7 days early

2024

27 days late

2023

30 days late

2022

31 days late

2021

1 day early

2020

31 days late

2019

31 days late

← 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 20 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

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 27 August (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

24-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

24-07-2026 Annual accounts filedfinancial year 2025 · abbreviated…
28-04-2026 Resignation: VAN BALEN Bart (director)Appointments: Bonmark Management (director) and…
31-12-2025 Highest result from 2018 to 2025net €268,505 ▲4.9%

Key points

Positive: Among the best 9% on equitysector median €253,128 · 9,801 companies €1.4m View
Board changedlatest change 21-04-2026 · 2 in office 2 joined · 1 left View
Positive: 8 profitable years in a rowprofit 2025: €268,505 8 years View
Controlled by PEETERS RAMEN EN DEURENultimately: RD-Invest 100% View

By topic

Financials

Financial year: 2025
Total assets: €2.0m
Profit: €268,505
Solvency: 70.3%

Total assets▲ 9.5%

Net result

20182025

Go to Financials

Board & ownership

Board: 2 members
Parent: PEETERS RAMEN EN DEUREN · 100%

Bonmark ManagementDirector
V2M CONSTRUCTDirector

Go to Board & ownership

Network & group

Group: RD-Invest
Connected companies: 16

Go to Network & group

Timeline

Events: 23
Since: 2009
Next accounts: by 31-07-2027

27-08-2025Annual accounts filed
30-08-2024Annual accounts filed
24-01-2024Legal-form change · Resignations & appointments

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Joinery installationNACE 43320
Founded: 20-03-2008
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 45

Annual meeting: Last Tuesday of June at 16:30
Purpose: “Onderneming voor het maken en plaatsen van ramen en deuren in hout, metaal en kunststof…” (deed in Dutch)

Go to Articles of association

Key facts about SOLMAT

What is the company number of SOLMAT?: 0896.753.518. In Belgium the VAT number is the company number with BE in front: BE 0896.753.518.
Where is SOLMAT based?: The registered office is at Vaartstraat 38, 2490 Balen.Company details
What does SOLMAT do?: According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of SOLMAT?: Private limited company (BV).
When was SOLMAT founded?: On 20-03-2008.
Is SOLMAT still active?: Yes, SOLMAT is an active enterprise in the KBO register.
How many employees does SOLMAT have?: On average 4.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SOLMAT?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is SOLMAT profitable?: In financial year 2025, SOLMAT made a profit of €268,505.
Where can I find the annual accounts of SOLMAT?: SOLMAT filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SOLMAT due?: By 31-07-2027, for financial year 2026.Timeline