NORMAL SITUATION

SOLID NETWORKS

Financial year 2023 · closed on 24/11/2023
Net result
-3,2 k €
-233.7% YoY
Gross margin
-1,9 k €
-150.4% YoY
Equity
19,3 k €
-14.3% YoY

Company — Normal situation.

What does SOLID NETWORKS do?

SOLID NETWORKS is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0877.613.240
Legal form
Private company with limited liability
Contributed capital
18 600,00 €
Latest accounts
24/11/2023
Joint committees (1)
  • 200
Signals
Solid equityGood liquidity
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin-1,9 k €3,8 k €5,2 k €8,7 k €96,1 k €102,0 k €132,7 k €135,4 k €154,4 k €155,7 k €166,9 k €107,8 k €192,1 k €112,6 k €92,3 k €92,1 k €11,6 k €
EBITDA-2,9 k €3,3 k €4,7 k €8,0 k €7,9 k €-3,6 k €18,8 k €32,7 k €43,1 k €59,0 k €44,4 k €-12,4 k €77,9 k €37,8 k €65,7 k €64,5 k €4,2 k €
Operating result-2,9 k €3,3 k €4,7 k €8,0 k €-2,6 k €-18,4 k €4,0 k €16,3 k €21,3 k €52,6 k €36,2 k €-19,9 k €64,6 k €16,8 k €44,8 k €41,2 k €-11,9 k €
Net result-3,2 k €2,4 k €3,4 k €6,8 k €-3,8 k €-18,7 k €-850,1 €9,0 k €16,5 k €33,6 k €25,5 k €-22,2 k €33,3 k €1,2 k €33,8 k €12,6 k €-11,5 k €
Balance sheet
Equity19,3 k €22,5 k €20,1 k €16,7 k €9,9 k €13,8 k €32,5 k €33,3 k €24,3 k €12,2 k €8,6 k €1,3 k €23,5 k €40,2 k €38,9 k €20,2 k €37,6 k €
Total assets21,0 k €25,2 k €23,0 k €20,8 k €24,0 k €118,3 k €145,1 k €143,0 k €154,0 k €147,7 k €118,3 k €104,4 k €157,8 k €132,1 k €188,3 k €210,1 k €139,8 k €
Cash606,8 €485,0 €2,1 k €6,0 k €754,9 €16,5 k €17,4 k €13,8 k €25,2 k €25,8 k €24,9 k €13,0 k €58,4 k €67,0 k €78,7 k €73,9 k €900,8 €
Debts1,8 k €2,7 k €2,9 k €4,1 k €14,0 k €104,6 k €112,6 k €109,7 k €129,7 k €135,5 k €109,7 k €103,1 k €134,3 k €91,8 k €148,8 k €167,3 k €79,8 k €
Other
Workforce2,0 ETP2,0 ETP2,0 ETP2,0 ETP2,0 ETP1,5 ETP1,0 ETP
Governance

Board of directors

Seen on filing of 24/11/2023 · 1 active · 12 ended

Active mandates

Orceago

Mandate · 0713.984.435

Represented by Jan Keersmaekers

Active

Ended mandates

LANTRIX

Director · since 01 janvier 2019 · until 03 avril 2020 · 0715.639.967

Represented by Ben Langers

Ended
LANTRIX

Manager · since 01 janvier 2019 · until 03 avril 2020 · 0715.639.967

Represented by Ben Langers

Ended
LANTRIX

Manager · since 01 janvier 2019 · 0715.639.967

Represented by Ben Langers

Ended
Orceago

Director · since 01 janvier 2019 · 0713.984.435

Represented by Jan Keersmaekers

Ended
Annual accounts

Full financial information

202320222021202020192018
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year24/11/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year11 months12 months12 months12 months12 months12 months
Filing date05/01/202428/08/202326/08/202231/08/202127/10/202030/08/2019
General meeting24/11/202316/06/202317/06/202218/06/202119/06/202021/06/2019
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model24/11/202324/11/202305/01/2024DutchPDF
Micro model31/12/202216/06/202328/08/2023DutchPDF
Micro model31/12/202117/06/202226/08/2022DutchPDF
Micro model31/12/202018/06/202131/08/2021DutchPDF
Micro model31/12/201919/06/202027/10/2020DutchPDF
Micro model31/12/201821/06/201930/08/2019DutchPDF
Micro model31/12/201715/06/201829/09/2018DutchPDF
Micro model31/12/201616/06/201730/09/2017DutchPDF
Abridged model31/12/201530/06/201601/08/2016DutchPDF
Abridged model31/12/201427/05/201527/05/2015DutchPDF
Abridged model31/12/201330/06/201426/08/2014DutchPDF
Abridged model31/12/201230/06/201306/08/2013DutchPDF
Abridged model31/12/201107/06/201207/06/2012DutchPDF
Abridged model31/12/201017/06/201117/08/2011DutchPDF
Abridged model31/12/200918/06/201030/08/2010DutchPDF
Abridged model31/12/200819/06/200926/08/2009DutchPDF
Abridged model31/12/200720/06/200829/08/2008DutchPDF
Abridged model31/12/200612/06/200728/08/2007DutchPDF
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 24/11/2023 · 1 active · 12 ended

Active mandates

Orceago

Mandate · 0713.984.435

Represented by Jan Keersmaekers

Active

Ended mandates

LANTRIX

Director · since 01 janvier 2019 · until 03 avril 2020 · 0715.639.967

Represented by Ben Langers

Ended
LANTRIX

Manager · since 01 janvier 2019 · until 03 avril 2020 · 0715.639.967

Represented by Ben Langers

Ended
LANTRIX

Manager · since 01 janvier 2019 · 0715.639.967

Represented by Ben Langers

Ended
Orceago

Director · since 01 janvier 2019 · 0713.984.435

Represented by Jan Keersmaekers

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.

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Timeline

  1. 2023
    Annual accounts 2023-3,2 k €
  2. 2022
    Annual accounts 20222,4 k €
  3. 2021
    Annual accounts 20213,4 k €
  4. 2020
    Annual accounts 20206,8 k €
  5. 2019
    Annual accounts 2019-3,8 k €
  6. 2018
    Annual accounts 2018-18,7 k €
  7. 2017
    Annual accounts 2017-850,1 €
  8. 2016
    Annual accounts 20169,0 k €
  9. 2015
    Annual accounts 201516,5 k €
  10. 2014
    Annual accounts 201433,6 k €
  11. 2013
    Annual accounts 201325,5 k €
  12. 2012
    Annual accounts 2012-22,2 k €
  13. 2011
    Annual accounts 201133,3 k €
  14. 2010
    Annual accounts 20101,2 k €
  15. 2009
    Annual accounts 200933,8 k €
  16. 2008
    Annual accounts 200812,6 k €
  17. 2007
    Annual accounts 2007-11,5 k €