Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
SOLID from Spiere-Helkijn, company number BE0475877446, closed financial year 2025 with a result of € -638,440 after tax. For that financial year SOLID recorded revenue of € 11.8 million and equity of € 3.8 million. Compared with financial year 2024, the result moved from € -412,042 to € -638,440. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 29, 2026.
€ 3.8 million
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -638,440
▼ 55 % more loss than in 2024
Profit after tax over the fiscal year.
€ 444,503
▲ € 375,637 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.7 million.
People and assets in 2025
28.5
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.1 million
▲ 37% vs 2024
€ 74,300 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.
€ 252,754
▼ 43% vs 2024
Of which on lease € 241,990.
Debts at end 2025
€ 2.5 million
▲ € 2.1 million vs 2024
€ 148,146 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 990,057
▲ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 34 days on average.
€ 415,587
▲ 43% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 20,209,251 | € 12,128,673 | € 9,942,284 | € 11,846,163 | ▲ 19% |
| Profit after taxes | € 221,127 | € -1,119,423 | € -412,042 | € -638,440 | ▼ € 226,398 |
| Equity | € 5,951,322 | € 4,831,899 | € 4,419,856 | € 3,781,416 | ▼ 14% |
| Total debts | € 6,579,747 | € 4,163,607 | € 3,948,744 | € 6,465,414 | ▲ 64% |
| Cash | € 96,172 | € 73,505 | € 68,866 | € 444,503 | ▲ € 375,637 |
| Land & buildings | € 9,994 | € 738 | € 0 | - | |
| Retained profit | € -1,548,678 | € -2,668,101 | € -3,080,144 | € -3,718,584 | ▼ € 638,440 |
| Bank debt | € 2,134,276 | € 867,893 | € 457,401 | € 2,539,397 | ▲ € 2.1 million |
| Balance sheet total | € 12,574,770 | € 9,011,606 | € 8,368,600 | € 10,246,830 | ▲ 22% |
| Employees (FTE) | 33.4 | 30.7 | 28.9 | 28.5 | ▼ 0.4 |
Key figures of SOLID, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to SOLID?
What happened at SOLID in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 638,440. filed late Source: NBB ↗
- Peter Ide became a director. NBB
- Luc Grauwet BV became a director. NBB
- New establishment in Spiere-Helkijn. KBO
- Start of the company according to the CBE. KBO
In short
From € 221,127 profit in 2022 to € 638,440 loss in 2025.
Paid € 8,328 in corporate taxes since 2022.
Best year ever: 2022, with € 221,127 profit.
Pays suppliers within 34 days on average.
A new publication or filing at SOLID? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of IDE Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SOLIDBehind SOLID are Peter Ide and Luc Grauwet BV. The shares are held by IDE Group (100%). It owns 50% of Savorito OU itself.
Directors
According to the 2025 annual accounts
Director · represented by Luc Grauwet
Also active at: FINIMMO 9600, FINIMMO 8900, IDE Woods, IDE Group, PGS RDB Pallets, 5G Multimodal, Green Nature Energy, NoTech Belgium +10 more
since 2023
Shareholders
100%
Participations
Savorito OU
50%
Establishments
Establishment units
Physical locations of this company
Industriepark 8
8587 Spiere-Helkijn
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0475.877.446
- VAT number
- BE 0475.877.446
- Registered office
- Industriepark 8, 8587 Spiere-Helkijn
- Names & denominations
- SOLID
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 October 2001
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van ander schrijn- en timmerwerk
Vervaardiging van schrijn- en timmerwerk
Vervaardiging van panelen en platen van hout
Zagen en schaven van hout
Impregneren van hout
Vervaardiging van fineer en van panelen op basis van hout
Detailhandel in houten bouw- en tuinmaterialen