Solidagro
ActiveSolidagro has been active since 1964 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €331k and a net result of €8k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 26% of 496 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▲+1
Solvency54▲+7
Growth35=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.18 in 2024; short-term debt: 58.1% and cash: 9.5% of total assets), and 70.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 94
Relative position
BE, all sectors
reference
Sector 94
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
29.4%
Return on assets
0.7%
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
24 d early
2023
26 d early
2022
27 d early
2021
24 d early
2020
23 d early
2019
28 d early
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€0▼ 100%
2020 · €119
2018: €40k
2019: €32k
2020: €119
2018 → 2021
EBIT margin
2797.5%▲ 2767.8pp
2019 · 29.7%
2018: 29.5%
2019: 29.7%
2018 → 2020
Net result
€8k▲ 1.3%
2024 · €7k
2018: €10k
2019: €7k
2020: €1k
2021: €1k
2022: €-19k
2023: €5k
2024: €7k
2018 → 2025
Working capital
€124k▼ 25.1%
2024 · €165k
2018: €78k
2019: €59k
2020: €92k
2021: €140k
2022: €110k
2023: €228k
2024: €165k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€0-
Equity€330k-€311k▼ 5.9%€316k▲ 1.7%€323k▲ 2.4%€331k▲ 2.3%
Operating result€3k-€-14k€10k€6k▼ 41.5%€7k▲ 16.8%
Net result€1k-€-19k€5k€7k▲ 40.1%€8k▲ 1.3%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 17% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.12M
Fixed assets
€347k▼ 4.7%
Current assets
€778k▼ 29.2%
Equity and liabilities €1.12M
Equity
€331k▲ 2.3%
Provisions
€24k▲ 100%
Debt
€770k▼ 31.7%
The debt ratio falls from 77.1% to 68.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59k▲
2024 · €51k
Cash flow
€60k▲
2024 · €52k
Solvency
29.4%▲
2024 · 22.1%
Current ratio
1.19▲
2024 · 1.18
Quick ratio
1.19▲
2024 · 1.18
Debt / equity
2.33▼
2024 · 3.48
ROE
2.3%▼
2024 · 2.3%
ROA
0.7%▲
2024 · 0.5%
Interest coverage
8.88▼
2024 · 15.21
Debt
€770k▼
2024 · €1.13M
Debt ≤ 1 year
€654k▼
2024 · €933k
Debt > 1 year
€104k▼
2024 · €135k
Staff costs
€1.07M▲
2024 · €951k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.46M€1.12M▼
Fixed assets21/28€364k€347k▼
Tangible fixed assets22/27€362k€346k▼
Land and buildings22€362k€318k▼
Furniture and vehicles24-€28k
Financial fixed assets28€1k€1k=
Current assets29/58€1.10M€778k▼
Amounts receivable within one year40/41€335k€331k▼
Trade receivables40€86k€71k▼
Other amounts receivable41€248k€260k▲
Cash at bank and in hand54/58€509k€107k▼
Deferred charges and accrued income490/1€254k€339k▲
Equity and liabilities
Total equity and liabilities10/49€1.46M€1.12M▼
Equity10/15€323k€331k▲
Reserves13€326k€331k▲
Profit (loss) carried forward14€-3k€0▲
Provisions and deferred taxes16€12k€24k▲
Amounts payable17/49€1.13M€770k▼
Amounts payable after more than one year17€135k€104k▼
Financial debts170/4€135k€104k▼
Amounts payable within one year42/48€933k€654k▼
Current portion of amounts payable after more than one year42€30k€31k▲
Trade debts44€69k€50k▼
Suppliers440/4€69k€50k▼
Taxes, remuneration and social security45€108k€113k▲
Taxes450/3€13k€6k▼
Remuneration and social security454/9€95k€107k▲
Accrued charges and deferred income492/3€59k€12k▼
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€452k€460k▲
Remuneration, social security and pensions62€951k€1.07M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€52k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€889
Other operating charges640/8€2.01M€1.48M▼
Non-recurring operating charges66A-€227
Gross operating margin9900€3.01M€2.62M▼
Operating profit (loss)9901€6k€7k▲
Financial income75/76B€5k€7k▲
Recurring financial income75€5k€7k▲
Financial charges65/66B€3k€7k▲
Recurring financial charges65€3k€7k▲
Profit (loss) for the period before taxes9903€7k€8k▲
Profit (loss) for the period9904€7k€8k▲
Profit (loss) for the period to be appropriated9905€7k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€5k▲
Profit (loss) brought forward from the previous period14P€-10k€-3k▲
To contributions691-€5k
Social balance
Average headcount (FTE)908718.211.8▼
The notes to these accounts (26 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-19k ▼1426%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2022
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
12-09-2022
Steven Meeus: Resigned as Director
01-01-2022
Meylemans, Bart: Resigned as Director
30-10-2017
Tim De Roeck: Resigned as Director
26-07-2010
Depuydt Dany: Resigned as Director
Location & real-estate footprint
Registered office, Sint-Niklaas · 2 establishment units since 2006
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Mercatorstraat 819100 Sint-NiklaasGround area
4,180 m²
Building footprint
1,812 m²
Volume, LiDAR
6,744 m³
2 parcels, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Terre nouvelle - Bevrijde Wereld
since 20062.155.689.693
Solidagro Cocon Circulair
since 20262.391.275.375
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46021A0795/00D002 | Flanders | 3,816 m² | 1 · 1,448 m² | 5.8 m · 1 fl. |
| 46443E0150/00Y000 | Flanders | 364 m² | 1 · 364 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 6 entries · 318,991 EUR awarded · 192,182 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 3 | 79,559 EUR | 96,118 EUR |
| 2023 | 2 | 486 EUR | 96,064 EUR |
| 2022 | 1 | 238,946 EUR | 0 EUR |
Schemes
Subsidie voor projecten internationale klimaatfinanciering (Vlaams klimaatfonds)
Subsidies vanuit plattelandsbeleid
Vlaams opleidingsverlof (VOV)
Federal government
2023 to 2025 · 6 entries · 6,047,901 EUR in total| Year | Department | Transactions | Amount |
|---|---|---|---|
| 2025 | FOD Buitenlandse Zaken | 2 | 1,985,031 EUR |
| 2024 | FOD Buitenlandse Zaken | 2 | 2,049,815 EUR |
| 2023 | FOD Buitenlandse Zaken | 2 | 2,013,055 EUR |
Budget allocations
Ondersteuning aan de bijdrage van de organisaties van de civiele maatschappij en institutionele actoren in de realisatie van de doelen van de gemeenschappelijke strategische kaders (cf. art. 2.14.6 en 2.14.10 van de wetsbepalingen)
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Of 287 companies in sector 94995 we hold annual accounts for 101. 76 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded04-10-1964
Fiscal year end31-12
Activities, NACEBEL
94995Activities of membership organisations
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.