7c Solarparken
ActiveSummary
7c Solarparken has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29.21M and a net result of €-286k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 54% of 709 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▲+42
Solvency72▲+1
Growth68=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €260k at 30 days acceptable
Liquidity ample (current ratio 23.21 against 27.86 in 2024; short-term debt: 1.6% and cash: 2.7% of total assets), but 52.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
47.2%
Return on assets
-0.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
18192122232425
2018 to 2025 · latest year €-286k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
24 d early
2023
23 d early
2022
32 d early
2021
33 d early
2020
36 d early
2019
30 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€2.63M▲ 41.9%
2024 · €1.85M
2018: €182k
2019: €511k
2021: €1.51M
2022: €2.31M
2023: €2.16M
2024: €1.85M
2018 → 2025
EBIT margin
-7.0%▲ 57.7pp
2024 · -64.7%
2018: -308.9%
2019: -72.8%
2021: -17.2%
2022: -10.1%
2023: -33.3%
2024: -64.7%
2018 → 2025
Net result
€-286k▲ 91.1%
2024 · €-3.21M
2018: €356k
2019: €-58k
2021: €-158k
2022: €-21k
2023: €-610k
2024: €-3.21M
2018 → 2025
Working capital
€21.45M▲ 3.7%
2024 · €20.70M
2018: €25.36M
2019: €23.53M
2021: €27.78M
2022: €26.93M
2023: €22.04M
2024: €20.70M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.51M-€2.31M▲ 53.2%€2.16M▼ 6.4%€1.85M▼ 14.2%€2.63M▲ 41.9%
Equity€33.09M-€33.07M▼ 0.1%€32.43M▼ 1.9%€29.38M▼ 9.4%€29.21M▼ 0.6%
Operating result€-259k-€-233k▲ 10.0%€-720k▼ 209%€-1.20M▼ 66.7%€-183k▲ 84.7%
Net result€-158k-€-21k▲ 86.9%€-610k▼ 2,831%€-3.21M▼ 427%€-286k▲ 91.1%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €183k in 2025 against €1.20M in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €61.89M
Fixed assets
€39.47M ▼ 7.2%
Current assets
€22.42M ▲ 4.4%
Equity and liabilities €61.89M
Equity
€29.21M ▼ 0.6%
Provisions
€103k ▲ 62.7%
Debt
€32.57M ▼ 5.7%
Debt's share of the balance-sheet total falls from 54.0% to 52.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€856k▲
2024 · €-332k
Cash flow
€753k▲
2024 · €-2.34M
Current ratio
23.21▼
2024 · 27.86
Quick ratio
23.14▼
2024 · 27.65
Debt to equity
1.12▼
2024 · 1.18
ROE
-1.0%▲
2024 · -10.9%
ROA
-0.5%▲
2024 · -5.0%
Interest coverage
0.75▲
2024 · -0.29
Debt ≤ 1 year
€966k▲
2024 · €770k
Debt > 1 year
€31.47M▼
2024 · €33.63M
Income taxes
€37▼
2024 · €2k
Staff costs
€202k▼
2024 · €312k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 94 lines
Balance sheet
Code20242025
Assets
Total assets20/58€63.99M€61.89M▼
Fixed assets21/28€42.52M€39.47M▼
Tangible fixed assets22/27€17.29M€16.51M▼
Land and buildings22€1.01M€1.00M▼
Plant, machinery and equipment23€16.17M€15.25M▼
Furniture and vehicles24€109k€68k▼
Assets under construction and advance payments27€0€186k▲
Financial fixed assets28€25.23M€22.96M▼
Affiliated companies280/1€25.21M€22.96M▼
Participating interests280€25.21M€22.96M▼
Other financial fixed assets284/8€22k€8k▼
Amounts receivable and cash guarantees285/8€22k€8k▼
Current assets29/58€21.47M€22.42M▲
Amounts receivable after more than one year29€18.68M€18.38M▼
Other amounts receivable291€18.68M€18.38M▼
Stocks and contracts in progress3€162k€69k▼
Stocks30/36€162k€69k▼
Goods purchased for resale34€162k€69k▼
Amounts receivable within one year40/41€1.14M€1.80M▲
Trade receivables40€273k€755k▲
Other amounts receivable41€867k€1.05M▲
Current investments50/53€6k€6k▲
Other investments51/53€6k€6k▲
Cash at bank and in hand54/58€961k€1.65M▲
Deferred charges and accrued income490/1€514k€514k=
Equity and liabilities
Total equity and liabilities10/49€63.99M€61.89M▼
Equity10/15€29.38M€29.21M▼
Contributions10/11€27.70M€27.70M=
Capital10€12.00M€12.00M=
Issued capital100€12.00M€12.00M=
Outside capital11€15.70M€15.70M=
Share premium1100/10€15.70M€15.70M=
Reserves13€908k€908k=
Non-distributable reserves130/1€908k€908k=
Legal reserve130€908k€908k=
Distributable reserves133€0-
Profit (loss) carried forward14€587k€301k▼
Investment grants15€190k€309k▲
Provisions and deferred taxes16€63k€103k▲
Deferred taxes168€63k€103k▲
Amounts payable17/49€34.54M€32.57M▼
Amounts payable after more than one year17€33.63M€31.47M▼
Financial debts170/4€33.59M€31.42M▼
Credit institutions173€262k€87k▼
Other loans174€33.33M€31.33M▼
Trade debts175€45k€45k=
Suppliers1750€45k€45k=
Amounts payable within one year42/48€770k€966k▲
Current portion of amounts payable after more than one year42€175k€175k=
Trade debts44€572k€752k▲
Suppliers440/4€572k€752k▲
Taxes, remuneration and social security45€24k€39k▲
Taxes450/3€8k€11k▲
Remuneration and social security454/9€16k€28k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€139k€141k▲
Income statement
Code20242025
Operating income70/76A€1.92M€2.79M▲
Turnover70€1.85M€2.63M▲
Other operating income74€23k€96k▲
Non-recurring operating income76A€41k€66k▲
Operating charges60/66A€3.12M€2.98M▼
Goods for resale, raw materials and consumables60€311k€250k▼
Purchases600/8€343k€157k▼
Change in stocks: decrease (increase)609€-32k€93k▲
Services and other goods61€1.49M€1.46M▼
Remuneration, social security and pensions62€312k€202k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€869k€1.04M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€109k€-21k▼
Other operating charges640/8€24k€45k▲
Operating profit (loss)9901€-1.20M€-183k▲
Financial income75/76B€929k€1.04M▲
Recurring financial income75€929k€1.04M▲
Income from financial fixed assets750€178k€318k▲
Income from current assets751€740k€706k▼
Other financial income752/9€11k€17k▲
Financial charges65/66B€2.94M€1.15M▼
Recurring financial charges65€1.14M€1.15M▲
Debt charges650€1.14M€1.14M▲
Other financial charges652/9€3k€5k▲
Non-recurring financial charges66B€1.80M€0▼
Profit (loss) for the period before taxes9903€-3.21M€-291k▲
Transfer from deferred taxes780€2k€6k▲
Income taxes67/77€2k€37▼
Taxes670/3€2k€37▼
Tax adjustments and reversals of tax provisions77€0-
Profit (loss) for the period9904€-3.21M€-286k▲
Profit (loss) for the period to be appropriated9905€-3.21M€-286k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3.60M€301k▲
Profit (loss) brought forward from the previous period14P€-389k€587k▲
Transfer from equity791/2€4.19M€0▼
From reserves792€4.19M€0▼
Profit to be distributed694/7€0-
Directors or managers695€0-
Social balance
Average headcount (FTE)90873.22.0▼
The notes to these accounts (75 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-3.21M
Net result drops to €-3.21M, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €25MEq €33.09M ▲35.6%
Equity rises from €24.41M to €33.09M.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Liquidity times 31current ratio 520.39
Current ratio from 16.89 to 520.39; short-term debt falls from €1.60M to €45k.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
38 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mechelen · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Battelsesteenweg 455 E2800 MechelenGround area
838 m²
Building footprint
369 m²
Volume, LiDAR
2,669 m³
Parcel 12404G0443/00L002, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
7c HOLDING
since 20082.173.546.603
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12404G0443/00L002 | Flanders | 838 m² | 1 · 369 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 444,430 EUR awarded · 413,630 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 180,630 EUR |
| 2024 | 2 | 0 EUR | 193,000 EUR |
| 2023 | 1 | 289,430 EUR | 40,000 EUR |
| 2022 | 2 | 155,000 EUR | 0 EUR |
Schemes
Call groene stroom (stopgezet)
Procedure groene warmte, restwarmte en energie-efficiënte stadsverwarming
Recognitions · licences · registrations
Legal Entity Identifier
875500SPB5XMN4ILNM32
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Of 13,421 companies in sector 73300 we hold annual accounts for 6,901. 150 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded02-10-2008
Fiscal year end31-12
Activities, NACEBEL 2025
35110Production of electricity from non-renewable sources
73300Public relations and communication consultancy
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.