Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 14.9 to 13.1.
Financials
Financial year 2025
SOLID INTERNATIONAL from Brugge, company number BE0472587562, closed financial year 2025 with a result of € 179,544 after tax. For that financial year SOLID INTERNATIONAL recorded revenue of € 10.4 million and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 145,879 to € 179,544. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 7, 2026.
€ 1.3 million
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 179,544
▲ 23% vs 2024
Profit after tax over the fiscal year.
€ 40,540
▼ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.2 million.
People and assets in 2025
13.1
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 725,586
▼ 14% vs 2024
€ 55,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 132,581
▲ 113% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 911,993
▲ 51% vs 2024
€ 120,615 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 511,109
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 21 days on average.
€ 377,741
▼ 33% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 7,261,374 | € 9,176,548 | € 10,475,992 | € 10,359,277 | ▼ 1% |
| Profit after taxes | € 70,010 | € 115,701 | € 145,879 | € 179,544 | ▲ 23% |
| Equity | € 876,540 | € 992,241 | € 1,138,120 | € 1,317,664 | ▲ 16% |
| Total debts | € 4,125,005 | € 2,673,631 | € 2,057,916 | € 1,875,369 | ▼ 9% |
| Cash | € 62,889 | € 108,655 | € 68,861 | € 40,540 | ▼ 41% |
| Land & buildings | € 5,455 | € 8,099 | € 10,873 | € 10,103 | ▼ 7% |
| Retained profit | € 738,540 | € 854,241 | € 1,000,120 | € 1,179,664 | ▲ 18% |
| Dividend | € 70,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 3,190,917 | € 1,734,888 | € 602,786 | € 911,993 | ▲ 51% |
| Balance sheet total | € 5,001,545 | € 3,665,872 | € 3,196,036 | € 3,193,033 | |
| Employees (FTE) | 13.8 | 14.9 | 13.3 | 13.1 | ▼ 0.2 |
Key figures of SOLID INTERNATIONAL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 3 March 2027.
What happened to SOLID INTERNATIONAL?
What happened at SOLID INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Thomas Gheyle BV stepped down as director. NBB
- David Holvoet stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 179,544 (▲ 23% vs 2024). Source: NBB ↗
- Thomas Gheyle BV became a director. NBB
- David Holvoet became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 70,010 profit in 2022 to € 179,544 profit in 2025.
Paid € 228,790 in corporate taxes since 2022.
Best year ever: 2025, with € 179,544 profit.
Paid out € 70,000 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Director · represented by Gheyle THOMAS
since 2021 · until 2027
since 2016 · until 2027
Establishments
Establishment units
Physical locations of this company
Pathoekeweg 130 box 1
8000 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0472.587.562
- VAT number
- BE 0472.587.562
- Registered office
- Pathoekeweg 130 bus 1, 8000 Brugge
- Names & denominations
- SOLID INTERNATIONAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 August 2000
- Peppol
- Active · Active since 5 Dec 2025
- Activities · NACE
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Groothandel in hout
Markt- en opinieonderzoek
Groothandel in bouwmaterialen, algemeen assortiment
Overige technische testen en toetsen
Niet-gespecialiseerde groothandel
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Overige groothandel
+2