ACTIVE

SOLID INTERNATIONAL

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Financial year 2025 · closed on 31/07/2025

Net result

179,5 k €

+23.1% YoY

Revenue

10,4 M €

-1.1% YoY

Equity

1,3 M €

+15.8% YoY

Workforce

13,1 ETP

-1.5% YoY

What does SOLID INTERNATIONAL do?

SOLID INTERNATIONAL is a Public limited company incorporated in 2000. Its registered office is in Brugge. It employs on average 13,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0472.587.562

Incorporation

25/08/2000

Legal form

Public limited company

Registered office

Pathoekeweg 130 box 1
8000 Brugge · FlandreSee on map

Contributed capital

138 000,00 €

Latest accounts

31/07/2025

Average workforce

13,1 ETP

Joint committees (2)

12503
200

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	10,4 M €	-1.1%	10,5 M €	+14.2%	9,2 M €	+26.4%	7,3 M €	+42.4%	5,1 M €	+8.5%	4,7 M €	-15.8%	5,6 M €	-63.1%	15,1 M €		–		–		–		–		–		–		–		–		–		–
EBITDA	700,8 k €	+31.9%	531,5 k €	+21.7%	436,8 k €	+22.0%	358,1 k €	+75.0%	204,6 k €	-8.2%	222,9 k €	+53.8%	144,9 k €	-75.2%	584,5 k €	+25.9%	464,4 k €	+35.8%	342,0 k €	+31.4%	260,4 k €	+111%	123,3 k €	-62.4%	328,3 k €	+53.1%	214,4 k €	+51.8%	141,2 k €	+18.9%	118,8 k €	-32.6%	176,1 k €	+348%	-71,0 k €
Operating result	537,5 k €	+40.0%	384,0 k €	+28.3%	299,3 k €	+35.4%	221,0 k €	+133%	95,0 k €	-23.7%	124,5 k €	+162%	47,5 k €	-89.5%	450,9 k €	+25.7%	358,8 k €	+15.5%	310,7 k €	+28.1%	242,5 k €	+137%	102,5 k €	-67.4%	314,3 k €	+50.4%	208,9 k €	+48.5%	140,7 k €	+18.5%	118,8 k €	-32.6%	176,1 k €	+348%	-71,0 k €
Net result	179,5 k €	+23.1%	145,9 k €	+26.1%	115,7 k €	+65.3%	70,0 k €	+1243%	5,2 k €	-78.4%	24,1 k €	+60.5%	15,0 k €	-76.0%	62,5 k €	+80.3%	34,7 k €	+14.4%	30,3 k €	-5.2%	32,0 k €	-3.1%	33,0 k €	-52.2%	69,0 k €	+6.6%	64,7 k €	-32.3%	95,5 k €	+4.8%	91,1 k €	+222%	28,3 k €	-31.1%	41,1 k €
Balance sheet
Equity	1,3 M €	+15.8%	1,1 M €	+14.7%	992,2 k €	+13.2%	876,5 k €	+8.4%	808,8 k €	+0.6%	803,6 k €	+3.1%	779,5 k €	+2.0%	764,4 k €	+8.9%	701,9 k €	+5.2%	667,2 k €	+4.8%	636,9 k €	+5.3%	604,9 k €	+5.8%	571,9 k €	+13.7%	502,9 k €	+14.8%	438,2 k €	+27.9%	342,7 k €	+36.2%	251,5 k €	+12.7%	223,2 k €
Total assets	3,2 M €	-0.1%	3,2 M €	-12.8%	3,7 M €	-26.7%	5,0 M €	+27.3%	3,9 M €	-11.0%	4,4 M €	+37.3%	3,2 M €	-48.6%	6,2 M €	+28.3%	4,9 M €	+3.8%	4,7 M €	+14.7%	4,1 M €	-5.4%	4,3 M €	+19.8%	3,6 M €	+33.9%	2,7 M €	+34.4%	2,0 M €	+92.2%	1,0 M €	-34.6%	1,6 M €	-4.3%	1,7 M €
Cash	40,5 k €	-41.1%	68,9 k €	-36.6%	108,7 k €	+72.8%	62,9 k €	-73.3%	235,5 k €	+161%	90,1 k €	+63.9%	55,0 k €	-78.1%	251,5 k €	+64.8%	152,6 k €	+50.8%	101,2 k €	-14.0%	117,6 k €	+67.3%	70,3 k €	-68.3%	221,8 k €	+12.7%	196,9 k €	-28.5%	275,3 k €	+138%	115,5 k €	-54.7%	255,2 k €	+331%	59,2 k €
Debts	1,8 M €	-9.7%	2,0 M €	-23.9%	2,6 M €	-35.4%	4,1 M €	+31.9%	3,1 M €	-14.0%	3,6 M €	+54.6%	2,3 M €	-57.4%	5,5 M €	+38.7%	4,0 M €	+1.0%	3,9 M €	+13.3%	3,5 M €	-7.2%	3,7 M €	+27.0%	2,9 M €	+41.5%	2,1 M €	+45.0%	1,4 M €	+163%	541,9 k €	-54.3%	1,2 M €	-13.3%	1,4 M €
Other
Workforce	13,1 ETP	-1.5%	13,3 ETP	-10.7%	14,9 ETP	+8.0%	13,8 ETP	+66.3%	8,3 ETP	-11.7%	9,4 ETP	+59.3%	5,9 ETP	-16.9%	7,1 ETP	+73.2%	4,1 ETP	+32.3%	3,1 ETP	+93.8%	1,6 ETP	+23.1%	1,3 ETP		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/07/2025 · 2 active · 18 ended

Active mandates

THOMAS GHEYLE

Director · since 24 février 2021 · until 24 février 2027 · 0739.913.426

Represented by Gheyle THOMAS

Active

David Holvoet

Managing director · since 02 janvier 2016 · until 24 février 2027

Active

Ended mandates

THOMAS GHEYLE

Director · since 24 février 2021 · until 24 février 2027 · 0739.913.426

Represented by Gheyle THOMAS

Ended

COSS

Director · since 03 décembre 2017 · until 24 février 2021 · 0684.541.668

Represented by Wim Coolsaet

Ended

COSS

Director · since 03 décembre 2017 · until 07 janvier 2023 · 0684.541.668

Represented by Wim Coolsaet

Ended

COSS

Director · since 03 décembre 2017 · until 07 janvier 2023 · 0684.541.668

Represented by Wim Coolsaet

Ended

At this address

Other companies at this address

Company	CBE no.
Art Frame● Active	0890.832.459
SUDELI● Active	0799.201.311

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/08/2024	01/08/2023	01/08/2022	01/08/2021	01/08/2020	01/08/2019
Closing of the financial year	31/07/2025	31/07/2024	31/07/2023	31/07/2022	31/07/2021	31/07/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	07/02/2026	09/01/2025	29/02/2024	22/03/2023	24/02/2022	11/12/2020
General meeting	29/11/2025	04/01/2025	06/01/2024	07/01/2023	01/01/2022	04/12/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/07/2025	29/11/2025	07/02/2026	Dutch	PDF
Full model	31/07/2024	04/01/2025	09/01/2025	Dutch	PDF
Full model	31/07/2023	06/01/2024	29/02/2024	Dutch	PDF
Full model	31/07/2022	07/01/2023	22/03/2023	Dutch	PDF
Full model	31/07/2021	01/01/2022	24/02/2022	Dutch	PDF
Full model	31/07/2020	04/12/2020	11/12/2020	Dutch	PDF
Full modelCorrection	31/07/2019	04/01/2020	10/09/2020	Dutch	PDF
Full model	31/07/2019	04/01/2020	28/02/2020	Dutch	PDF
Full model	31/07/2018	05/01/2019	27/02/2019	Dutch	PDF
Full model	31/07/2017	06/01/2018	28/02/2018	Dutch	PDF
Abridged model	31/07/2016	07/01/2017	20/03/2017	Dutch	PDF
Abridged model	31/07/2015	02/01/2016	22/02/2016	Dutch	PDF
Abridged model	31/07/2014	03/01/2015	04/02/2015	Dutch	PDF
Abridged model	31/07/2013	04/01/2014	04/03/2014	Dutch	PDF
Abridged model	31/07/2012	05/01/2013	27/02/2013	Dutch	PDF
Abridged model	31/07/2011	07/01/2012	29/02/2012	Dutch	PDF
Abridged model	31/07/2010	03/01/2011	25/02/2011	Dutch	PDF
Abridged model	31/07/2009	02/01/2010	02/03/2010	Dutch	PDF
Abridged model	31/07/2008	03/01/2009	17/03/2009	Dutch	PDF
Abridged model	31/07/2007	05/01/2008	26/02/2008	Dutch	PDF
Abridged model	31/07/2006	06/01/2007	15/02/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/07/2025 · 2 active · 18 ended

Active mandates

THOMAS GHEYLE

Director · since 24 février 2021 · until 24 février 2027 · 0739.913.426

Represented by Gheyle THOMAS

Active

David Holvoet

Managing director · since 02 janvier 2016 · until 24 février 2027

Active

Ended mandates

THOMAS GHEYLE

Director · since 24 février 2021 · until 24 février 2027 · 0739.913.426

Represented by Gheyle THOMAS

Ended

COSS

Director · since 03 décembre 2017 · until 24 février 2021 · 0684.541.668

Represented by Wim Coolsaet

Ended

COSS

Director · since 03 décembre 2017 · until 07 janvier 2023 · 0684.541.668

Represented by Wim Coolsaet

Ended

COSS

Director · since 03 décembre 2017 · until 07 janvier 2023 · 0684.541.668

Represented by Wim Coolsaet

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/03/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/03/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/11/2017
ONTSLAGEN - BENOEMINGEN
PDF
Other03/05/2017
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates02/03/2017
ONTSLAGEN - BENOEMINGEN
PDF
Registered office08/11/2012
MAATSCHAPPELIJKE ZETEL
PDF
Mandates26/10/2011
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025179,5 k €↑
2024
Annual accounts 2024145,9 k €↑
2023
Annual accounts 2023115,7 k €↑
2022
Annual accounts 202270,0 k €↑
2020
Annual accounts 20205,2 k €↓
2019
Annual accounts 201924,1 k €↑
2018
Annual accounts 201815,0 k €↓
2017
Annual accounts 201762,5 k €↑
2016
Annual accounts 201634,7 k €↑
2015
Annual accounts 201530,3 k €↓
2014
Annual accounts 201432,0 k €↓
2013
Annual accounts 201333,0 k €↓
2012
Annual accounts 201269,0 k €↑
2011
Annual accounts 201164,7 k €↓
2010
Annual accounts 201095,5 k €↑
2009
Annual accounts 200991,1 k €↑
2008
Annual accounts 200828,3 k €↓
2007
Annual accounts 200741,1 k €
25/08/2000
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SOLID INTERNATIONAL

Overview

What does SOLID INTERNATIONAL do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline