NORMAL SITUATION

Solid Frog

Financial year 2022 · closed on 31/12/2022
Net result
1,6 k €
+38.4% YoY
Gross margin
2,2 k €
+13.3% YoY
Equity
11,2 k €
+16.6% YoY

Company — Normal situation.

What does Solid Frog do?

Solid Frog is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0844.734.693
Legal form
Private limited company
Contributed capital
6 200,00 €
Latest accounts
31/12/2022
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20222021202020192018201720162015201420132012
Income statement
Gross margin2,2 k €2,0 k €957,3 €1,5 k €1,6 k €716,3 €22,3 k €2,8 k €5,9 k €9,2 k €1,7 k €
EBITDA2,2 k €1,6 k €609,8 €1,2 k €1,2 k €368,8 €22,0 k €2,4 k €5,5 k €8,9 k €1,3 k €
Operating result2,2 k €1,6 k €609,8 €1,2 k €1,2 k €368,8 €22,0 k €2,4 k €5,5 k €8,9 k €1,3 k €
Net result1,6 k €1,2 k €373,3 €805,4 €854,0 €326,2 €14,5 k €1,7 k €3,8 k €5,8 k €843,0 €
Balance sheet
Equity11,2 k €9,6 k €8,4 k €8,1 k €34,1 k €33,2 k €32,9 k €18,4 k €16,7 k €12,9 k €7,0 k €
Total assets12,6 k €10,5 k €10,0 k €35,7 k €56,0 k €123,1 k €106,8 k €38,0 k €46,8 k €48,9 k €29,3 k €
Cash11,2 k €9,1 k €7,8 k €34,5 k €34,2 k €39,4 k €40,9 k €16,8 k €23,2 k €26,3 k €7,9 k €
Debts1,4 k €893,2 €1,6 k €27,6 k €21,9 k €89,9 k €73,9 k €19,7 k €30,1 k €36,1 k €22,2 k €
Governance

Board of directors

Seen on filing of 31/12/2022 · 2 active · 6 ended

Active mandates

DFROG

Director · since 15 mars 2012 · 0860.148.290

Represented by Jurgen Hannaert

Active
SOLIDITY

Director · since 15 mars 2012 · 0895.510.928

Represented by Davy Herben

Active

Ended mandates

DFROG

Manager · since 15 mars 2012 · 0860.148.290

Represented by Jurgen Hannaert

Ended
DFROG

Manager · since 15 mars 2012 · 0860.148.290

Represented by Jurgen Hannaert

Ended
SOLIDITY

Manager · since 15 mars 2012 · 0895.510.928

Represented by Davy Herben

Ended
SOLIDITY

Manager · since 15 mars 2012 · 0895.510.928

Represented by Davy Herben

Ended
Annual accounts

Full financial information

202220212020201920182017
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/01/201801/01/2017
Closing of the financial year31/12/202231/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date03/07/202304/07/202202/07/202127/07/202002/08/201903/07/2018
General meeting09/06/202310/06/202211/06/202112/06/202014/06/201908/06/2018
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202209/06/202303/07/2023DutchPDF
Abridged model31/12/202110/06/202204/07/2022DutchPDF
Abridged model31/12/202011/06/202102/07/2021DutchPDF
Abridged model31/12/201912/06/202027/07/2020DutchPDF
Abridged model31/12/201814/06/201902/08/2019DutchPDF
Abridged model31/12/201708/06/201803/07/2018DutchPDF
Abridged model31/12/201609/06/201705/07/2017DutchPDF
Abridged model31/12/201510/06/201612/08/2016DutchPDF
Abridged model31/12/201412/06/201514/08/2015DutchPDF
Abridged model31/12/201313/06/201402/07/2014DutchPDF
Abridged model31/12/201214/06/201301/07/2013DutchPDF
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 31/12/2022 · 2 active · 6 ended

Active mandates

DFROG

Director · since 15 mars 2012 · 0860.148.290

Represented by Jurgen Hannaert

Active
SOLIDITY

Director · since 15 mars 2012 · 0895.510.928

Represented by Davy Herben

Active

Ended mandates

DFROG

Manager · since 15 mars 2012 · 0860.148.290

Represented by Jurgen Hannaert

Ended
DFROG

Manager · since 15 mars 2012 · 0860.148.290

Represented by Jurgen Hannaert

Ended
SOLIDITY

Manager · since 15 mars 2012 · 0895.510.928

Represented by Davy Herben

Ended
SOLIDITY

Manager · since 15 mars 2012 · 0895.510.928

Represented by Davy Herben

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2022
    Annual accounts 20221,6 k €
  2. 2021
    Annual accounts 20211,2 k €
  3. 2020
    Annual accounts 2020373,3 €
  4. 2019
    Annual accounts 2019805,4 €
  5. 2018
    Annual accounts 2018854,0 €
  6. 2017
    Annual accounts 2017326,2 €
  7. 2016
    Annual accounts 201614,5 k €
  8. 2015
    Annual accounts 20151,7 k €
  9. 2014
    Annual accounts 20143,8 k €
  10. 2013
    Annual accounts 20135,8 k €
  11. 2012
    Annual accounts 2012843,0 €