Solid Designs
ActiveSummary
Solid Designs has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50k and a net result of €-5k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 43% of 199 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability63▼-9
Solvency72▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 4.25 against 4.49 in 2024; short-term debt: 16.9% and cash: 5% of total assets), but 53.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 26
Relative position
BE, all sectors
reference
Manufacture of computer, electronic and optical products (NACE 26)
about 73% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
46.7%
Return on assets
-4.7%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
4 d early
2023
26 d late
2022
10 d late
2021
43 d late
2020
26 d late
2019
21 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€50k▼ 9.1%
2024 · €56k
2018: €40klowest in 8 years
2019: €52k▲ +27.7% vs 2018
2020: €61k▲ +18.2% vs 2019
2021: €68k▲ +11.4% vs 2020
2022: €75k▲ +10.5% vs 2021highest in 8 years
2023: €53k▼ -29.7% vs 2022
2024: €56k▲ +5.2% vs 2023
2025: €50k▼ -9.1% vs 2024
2018 → 2025
Total assets
€108k▼ 10.3%
2024 · €121k
2018: €44klowest in 8 years
2019: €64k▲ +45.1% vs 2018
2020: €72k▲ +12.0% vs 2019
2021: €81k▲ +13.4% vs 2020
2022: €157k▲ +92.6% vs 2021highest in 8 years
2023: €132k▼ -15.7% vs 2022
2024: €121k▼ -8.6% vs 2023
2025: €108k▼ -10.3% vs 2024
2018 → 2025
Net result
€-5k
2024 · €3k
2018: €6k
2019: €11k▲ +89.9% vs 2018highest in 8 years
2020: €9k▼ -15.9% vs 2019
2021: €7k▼ -25.9% vs 2020
2022: €7k▲ +2.7% vs 2021
2023: €-22k▼ -412% vs 2022lowest in 8 years
2024: €3k▲ +112% vs 2023
2025: €-5k▼ -285% vs 2024
2018 → 2025
Working capital
€59k▼ 0.9%
2024 · €60k
2018: €39klowest in 8 years
2019: €49k▲ +26.0% vs 2018
2020: €51k▲ +3.9% vs 2019
2021: €60k▲ +17.8% vs 2020
2022: €61k▲ +2.9% vs 2021highest in 8 years
2023: €49k▼ -19.7% vs 2022
2024: €60k▲ +21.4% vs 2023
2025: €59k▼ -0.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€68k-€75k▲ 10.5%€53k▼ 29.7%€56k▲ 5.2%€50k▼ 9.1%
2021: €68k
2022: €75k▲ +10.5% vs 2021highest in 5 years
2023: €53k▼ -29.7% vs 2022
2024: €56k▲ +5.2% vs 2023
2025: €50k▼ -9.1% vs 2024lowest in 5 years
Operating result€9k-€7k▼ 22.8%€-20k€2k€-6k
2021: €9khighest in 5 years
2022: €7k▼ -22.8% vs 2021
2023: €-20k▼ -387% vs 2022lowest in 5 years
2024: €2k▲ +110% vs 2023
2025: €-6k▼ -397% vs 2024
Net result€7k-€7k▲ 2.7%€-22k€3k€-5k
2021: €7k
2022: €7k▲ +2.7% vs 2021highest in 5 years
2023: €-22k▼ -412% vs 2022lowest in 5 years
2024: €3k▲ +112% vs 2023
2025: €-5k▼ -285% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6k after €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €108k
Fixed assets
€31k ▼ 29.9%
Current assets
€77k ▲ 0.8%
Equity and liabilities €108k
Equity
€50k ▼ 9.1%
Debt
€58k ▼ 11.4%
Debt's share of the balance-sheet total falls from 53.9% to 53.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€13k▼
2024 · €22k
Cash flow
€14k▼
2024 · €22k
Current ratio
4.25▼
2024 · 4.49
Quick ratio
3.74▼
2024 · 4.43
Debt to equity
1.14▼
2024 · 1.17
ROE
-10.0%▼
2024 · 4.9%
ROA
-4.7%▼
2024 · 2.3%
Interest coverage
11.57▼
2024 · 15.66
Debt ≤ 1 year
€18k▲
2024 · €17k
Debt > 1 year
€39k▼
2024 · €48k
Income taxes
€0▼
2024 · €274
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€121k€108k▼
Fixed assets21/28€44k€31k▼
Tangible fixed assets22/27€42k€29k▼
Plant, machinery and equipment23€615€4k▲
Furniture and vehicles24€608€2k▲
Other tangible fixed assets26€41k€24k▼
Financial fixed assets28€1k€1k=
Current assets29/58€77k€77k▲
Amounts receivable after more than one year29€19k€19k=
Other amounts receivable291€19k€19k=
Stocks and contracts in progress3€1k€9k▲
Stocks30/36€1k€9k▲
Amounts receivable within one year40/41€49k€44k▼
Trade receivables40€9k€2k▼
Other amounts receivable41€41k€42k▲
Cash at bank and in hand54/58€7k€5k▼
Deferred charges and accrued income490/1€225€134▼
Equity and liabilities
Total equity and liabilities10/49€121k€108k▼
Equity10/15€56k€50k▼
Contributions10/11€6k€6k=
Reserves13€49k€44k▼
Distributable reserves133€49k€44k▼
Amounts payable17/49€65k€58k▼
Amounts payable after more than one year17€48k€39k▼
Financial debts170/4€48k€39k▼
Amounts payable within one year42/48€17k€18k▲
Current portion of amounts payable after more than one year42€9k€9k▼
Financial debts43-€843
Credit institutions430/8-€843
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Taxes, remuneration and social security45€4k€4k▼
Taxes450/3€4k€3k▼
Remuneration and social security454/9-€1k
Other amounts payable47/48€903-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€19k▼
Other operating charges640/8€934€950▲
Gross operating margin9900€23k€14k▼
Operating profit (loss)9901€2k€-6k▼
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€3k€-5k▼
Income taxes67/77€274€0▼
Profit (loss) for the period9904€3k€-5k▼
Profit (loss) for the period to be appropriated9905€3k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-5k▼
Transfer from equity791/2-€5k
Transfer to equity691/2€3k-
To other reserves6921€3k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €17k | €20k | €20k | €19k | ▼ 4.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €-6k | - | - | - |
| Other operating charges640/8 | €799 | €802 | €15k | €934 | €950 | ▲ 1.7% |
| Gross operating margin9900 | €13k | €25k | €8k | €23k | €14k | ▼ 39.0% |
| Operating profit (loss)9901 | €9k | €7k | €-20k | €2k | €-6k | ▼ 397% |
| Financial income75/76B | €3k | €2k | €2k | €2k | €2k | ▼ 17.4% |
| Recurring financial income75 | €3k | €2k | €2k | €2k | €2k | ▼ 17.4% |
| Financial charges65/66B | €1k | €1k | €2k | €1k | €1k | ▼ 19.9% |
| Recurring financial charges65 | €1k | €1k | €2k | €1k | €1k | ▼ 19.9% |
| Non-recurring financial charges66B | €51 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €10k | €8k | €-20k | €3k | €-5k | ▼ 268% |
| Income taxes67/77 | €3k | €650 | €3k | €274 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €7k | €7k | €-22k | €3k | €-5k | ▼ 285% |
| Profit (loss) for the period to be appropriated9905 | €7k | €7k | €-22k | €3k | €-5k | ▼ 285% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €81k | €157k | €132k | €121k | €108k | ▼ 10.3% |
| Fixed assets21/28 | €9k | €78k | €60k | €44k | €31k | ▼ 29.9% |
| Tangible fixed assets22/27 | €9k | €78k | €59k | €42k | €29k | ▼ 30.8% |
| Land and buildings22 | - | €4k | - | - | - | - |
| Plant, machinery and equipment23 | €3k | €2k | €1k | €615 | €4k | ▲ 512% |
| Furniture and vehicles24 | €6k | €72k | €2k | €608 | €2k | ▲ 208% |
| Other tangible fixed assets26 | - | - | €55k | €41k | €24k | ▼ 42.4% |
| Financial fixed assets28 | - | - | €1k | €1k | €1k | = |
| Current assets29/58 | €73k | €78k | €72k | €77k | €77k | ▲ 0.8% |
| Amounts receivable after more than one year29 | - | - | €19k | €19k | €19k | = |
| Other amounts receivable291 | - | - | €19k | €19k | €19k | = |
| Stocks and contracts in progress3 | - | €677 | €976 | €1k | €9k | ▲ 794% |
| Stocks30/36 | - | €677 | €976 | €1k | €9k | ▲ 794% |
| Amounts receivable within one year40/41 | €56k | €64k | €44k | €49k | €44k | ▼ 11.7% |
| Trade receivables40 | €14k | €14k | €14k | €9k | €2k | ▼ 76.4% |
| Other amounts receivable41 | €42k | €50k | €31k | €41k | €42k | ▲ 1.7% |
| Cash at bank and in hand54/58 | €17k | €9k | €8k | €7k | €5k | ▼ 25.1% |
| Deferred charges and accrued income490/1 | €174 | €4k | €0 | €225 | €134 | ▼ 40.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €81k | €157k | €132k | €121k | €108k | ▼ 10.3% |
| Equity10/15 | €68k | €75k | €53k | €56k | €50k | ▼ 9.1% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €26k | €32k | €47k | €49k | €44k | ▼ 10.3% |
| Distributable reserves133 | €26k | €32k | €47k | €49k | €44k | ▼ 10.3% |
| Profit (loss) carried forward14 | €36k | €37k | €0 | - | - | - |
| Amounts payable17/49 | €13k | €81k | €79k | €65k | €58k | ▼ 11.4% |
| Amounts payable after more than one year17 | - | €65k | €56k | €48k | €39k | ▼ 17.8% |
| Financial debts170/4 | - | €65k | €56k | €48k | €39k | ▼ 17.8% |
| Amounts payable within one year42/48 | €13k | €17k | €23k | €17k | €18k | ▲ 6.5% |
| Current portion of amounts payable after more than one year42 | €5k | €8k | €8k | €9k | €9k | ▼ 7.6% |
| Financial debts43 | - | €845 | €4k | - | €843 | - |
| Credit institutions430/8 | - | €845 | €796 | - | €843 | - |
| Other loans439 | - | - | €3k | - | - | - |
| Trade debts44 | €1k | €1k | €5k | €3k | €5k | ▲ 85.8% |
| Suppliers440/4 | €1k | €1k | €5k | €3k | €5k | ▲ 85.8% |
| Taxes, remuneration and social security45 | €7k | €7k | €6k | €4k | €4k | ▼ 9.4% |
| Taxes450/3 | €7k | €7k | €4k | €4k | €3k | ▼ 41.3% |
| Remuneration and social security454/9 | - | - | €2k | - | €1k | - |
| Other amounts payable47/48 | - | - | - | €903 | - | - |
| Accrued charges and deferred income492/3 | €401 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €7k | €-22k | €3k | €-5k | ▼ 285% |
| + Depreciation and write-downs630 | €4k | €17k | €20k | €20k | €19k | ▼ 4.5% |
| Operating cash flow (approximation) | €11k | €25k | €-3k | €22k | €14k | ▼ 38.9% |
| Investment in fixed assets (approximation) | - | €-87k | €-1k | €-3k | €-6k | ▼ 63.7% |
| Change in cash | - | €-7k | €-1k | €-735 | €-2k | ▼ 146% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
31-12
Financial
Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
12-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 43 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
31-12
Financial
Highest result since 2018net €11k ▲89.9%
Operating result €14k, net result €11k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lievegem · 1 establishment unit since 2011
Ground area
409 m²
Building footprint
83 m²
Volume, LiDAR
480 m³
Parcel 44072A0099/00D000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SOLID DESIGNS
since 20112.200.598.319
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44072A0099/00D000 | Flanders | 409 m² | 1 · 83 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 428 companies in sector 26700 we hold annual accounts for 341. 217 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-05-2011
Fiscal year end31-12
Activities, NACEBEL 2025
26700Manufacture of computer, electronic and optical products
63100Computing infrastructure, data processing, hosting and related activities
73110Advertising agencies
73120Media representation
Scores and ratios are computed by Checked and are not a credit decision.