NORMAL SITUATION

Solidum Real Estate Development

Financial year 2023 · closed on 31/12/2023
Net result
767,2 k €
-28.9% YoY
Revenue
21,7 M €
+981503.9% YoY
Equity
-264,1 k €
+74.4% YoY

Company — Normal situation.

What does Solidum Real Estate Development do?

Solidum Real Estate Development is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0832.678.484
Legal form
Public limited company
Contributed capital
873 831,54 €
Latest accounts
31/12/2023
Signals
ProfitablePositive cashflowPositive EBITDAHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2023202220212020201920182017201620152014201320122011
Income statement
Revenue21,7 M €2,2 k €15,6 k €11,7 M €3,3 k €722 k €269,7 k €811,9 k €598,7 k €1,1 M €2,8 M €4,8 M €2,9 M €
EBITDA808 k €1,2 M €-102,9 k €457,3 k €-111,6 k €-294,7 k €-604,6 k €-296,9 k €-144,1 k €-422,4 k €-172,6 k €-336,5 k €-100,8 k €
Operating result808,4 k €1,2 M €-103 k €457,3 k €-111,6 k €-111,6 k €-620,6 k €-468,5 k €-151,4 k €-431 k €-162,2 k €-360,3 k €-104,3 k €
Net result767,2 k €1,1 M €-190,9 k €290,9 k €-238 k €-210,6 k €-723,7 k €-556,3 k €-221,6 k €-535,9 k €-238,4 k €-381,9 k €-159,3 k €
Balance sheet
Equity-264,1 k €-1 M €-2,1 M €-1,9 M €-2,2 M €-2 M €-1,8 M €-1 M €-481,5 k €-259,9 k €276,1 k €514,4 k €896,3 k €
Total assets582,9 k €2,8 M €9,1 M €2,5 M €9,4 M €2,9 M €1,9 M €2,8 M €3,9 M €3,7 M €4,6 M €6,6 M €8 M €
Cash418,4 k €2,7 M €5 M €826,6 k €126,8 k €117,2 k €162,9 k €111,1 k €194,9 k €419,9 k €582,9 k €343,7 k €488,1 k €
Debts846,6 k €3,8 M €11 M €3,8 M €10,9 M €4,2 M €3,1 M €3,1 M €3,8 M €3,5 M €3,7 M €5,1 M €6,7 M €
Governance

Board of directors

Seen on filing of 31/12/2023 · 4 active · 12 ended

Active mandates

FREDERIC MASIL

Director · since 31 mai 2021 · until 31 mai 2027 · 0871.887.369

Represented by Fréderic Masil

Active
Guy Wauters

Director · since 31 mai 2021 · until 31 mai 2027

Active
Paul Knippenberg

Director · since 31 mai 2021 · until 31 mai 2027

Active
Thierry Tack

Director · since 31 mai 2021 · until 31 mai 2027

Active

Ended mandates

FREDERIC MASIL

Director · since 17 décembre 2018 · until 21 octobre 2021 · 0871.887.369

Represented by Fréderic Masil

Ended
FREDERIC MASIL

Director · since 17 décembre 2018 · until 31 mai 2027 · 0871.887.369

Represented by Fréderic Masil

Ended
FREDERIC MASIL

Director · since 17 décembre 2018 · until 21 octobre 2021 · 0871.887.369

Represented by Fréderic Masil

Ended
Solidum Terra

Director · since 25 avril 2018 · until 21 octobre 2021 · 0876.588.010

Represented by Paul Knippenberg

Ended
Annual accounts

Full financial information

202320222021202020192018
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/06/202407/06/202318/07/202230/06/202121/07/202007/07/2019
General meeting05/06/202418/05/202330/06/202231/05/202119/06/202027/06/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202305/06/202417/06/2024DutchPDF
Full model31/12/202218/05/202307/06/2023DutchPDF
Full model31/12/202130/06/202218/07/2022DutchPDF
Full model31/12/202031/05/202130/06/2021DutchPDF
Full model31/12/201919/06/202021/07/2020DutchPDF
Full model31/12/201827/06/201907/07/2019DutchPDF
Full model31/12/201731/05/201828/06/2018DutchPDF
Full model31/12/201618/05/201702/07/2017DutchPDF
Full model31/12/201519/05/201617/06/2016DutchPDF
Full model31/12/201421/05/201530/06/2015DutchPDF
Full model31/12/201315/05/201412/06/2014DutchPDF
Full model31/12/201216/05/201312/07/2013DutchPDF
Full model31/12/201118/05/201220/06/2012DutchPDF
Estimate

Indicative valuation

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 31/12/2023 · 4 active · 12 ended

Active mandates

FREDERIC MASIL

Director · since 31 mai 2021 · until 31 mai 2027 · 0871.887.369

Represented by Fréderic Masil

Active
Guy Wauters

Director · since 31 mai 2021 · until 31 mai 2027

Active
Paul Knippenberg

Director · since 31 mai 2021 · until 31 mai 2027

Active
Thierry Tack

Director · since 31 mai 2021 · until 31 mai 2027

Active

Ended mandates

FREDERIC MASIL

Director · since 17 décembre 2018 · until 21 octobre 2021 · 0871.887.369

Represented by Fréderic Masil

Ended
FREDERIC MASIL

Director · since 17 décembre 2018 · until 31 mai 2027 · 0871.887.369

Represented by Fréderic Masil

Ended
FREDERIC MASIL

Director · since 17 décembre 2018 · until 21 octobre 2021 · 0871.887.369

Represented by Fréderic Masil

Ended
Solidum Terra

Director · since 25 avril 2018 · until 21 octobre 2021 · 0876.588.010

Represented by Paul Knippenberg

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution03/10/2024
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Mandates30/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/01/2019
    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

Timeline

  1. 2023
    Annual accounts 2023767,2 k €
  2. 2022
    Annual accounts 20221,1 M €
  3. 2021
    Annual accounts 2021-190,9 k €
  4. 2020
    Annual accounts 2020290,9 k €
  5. 2019
    Annual accounts 2019-238 k €
  6. 2018
    Annual accounts 2018-210,6 k €
  7. 2017
    Annual accounts 2017-723,7 k €
  8. 2016
    Annual accounts 2016-556,3 k €
  9. 2015
    Annual accounts 2015-221,6 k €
  10. 2014
    Annual accounts 2014-535,9 k €
  11. 2013
    Annual accounts 2013-238,4 k €
  12. 2012
    Annual accounts 2012-381,9 k €
  13. 2011
    Annual accounts 2011-159,3 k €