Financials
Financial year 2025
SOLID from Dendermonde, company number BE0607866138, closed financial year 2025 with a result of € 183,482 after tax. For that financial year SOLID recorded a gross margin of € 103,605 and equity of € 5.3 million. Compared with financial year 2024, the result moved from € 188,023 to € 183,482. The company is profitable. 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 April 16, 2026.
€ 5.3 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 183,482
▼ 2% vs 2024
Profit after tax over the fiscal year.
€ 180,037
▲ 217% 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 € 5 million.
People and assets in 2025
€ 988
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 700,161
▼ 12% vs 2024
€ 96,915 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 845
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,976
▼ 75% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 267,663 | € 285,621 | € 139,064 | € 103,605 | ▼ 25% |
| Profit after taxes | € 284,226 | € 528,775 | € 188,023 | € 183,482 | ▼ 2% |
| Equity | € 4,858,805 | € 4,953,883 | € 5,141,906 | € 5,325,388 | ▲ 4% |
| Total debts | € 4,936,699 | € 4,545,665 | € 4,228,871 | € 3,981,437 | ▼ 6% |
| Cash | € 800,210 | € 202,387 | € 56,777 | € 180,037 | ▲ 217% |
| Retained profit | € 4,558,805 | € 4,653,883 | € 4,841,906 | € 5,025,388 | ▲ 4% |
| Dividend | € 0 | € 433,697 | € 0 | € 0 | |
| Bank debt | € 1,577,732 | € 887,354 | € 794,847 | € 700,161 | ▼ 12% |
| Balance sheet total | € 9,795,504 | € 9,499,547 | € 9,370,776 | € 9,306,825 | ▼ 1% |
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: profit of € 183,482 (▼ 2% vs 2024). Source: NBB ↗
- New establishment in Dendermonde. KBO
- Start of the company according to the CBE. KBO
- Frank Lammens became a director. NBB
In short
From € 284,226 profit in 2022 to € 183,482 profit in 2025.
Paid € 90,559 in corporate taxes since 2022.
Best year ever: 2023, with € 528,775 profit.
Paid out € 433,697 in dividends to the owners in total.
Management
Behind SOLID is Frank Lammens. It owns 100% of D.R. Warehousing, 100% of Lammens Recycling and 100% of Solid Invest itself.
Directors
According to the 2025 annual accounts
since 2015
Establishments
Establishment units
Physical locations of this company
Lambroeckstraat (OUD) 99
9200 Dendermonde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0607.866.138
- VAT number
- BE 0607.866.138
- Registered office
- Lambroeckstraat (OUD) 99, 9200 Dendermonde
- Names & denominations
- SOLID
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 March 2015
- Peppol
- Active · Active since 27 Jan 2026
- Activities · NACE
Activiteiten van holdings
Holdings