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SOLAR

Active
Public limited companyfounded 1977active for 49 yearsAnthonis De Jonghestraat 6, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0417.074.462
Summary

SOLAR has been active since 1977 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91,348 and a net result of €36,183. Equity remains stable across the filed financial years (±0.6% per year). Its solvency ranks better than 95% of 1,517 sector peers (NACE 81, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
General cleaning of buildings
NACE 81210Other specialised construction activities NACE 43990
5th oldest company in Sint-Niklaas, Administrative and support services sector1 site
Size
€97,189total assets 2025
Staff
0.2 FTE
Equity
€91,348
Profit
€36,183
Turnover not published (abbreviated or micro format)
Financial health
99 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Parent
DU'ARTE · 100%
Accounts filed 11 days late0 of 6 deeds read
Why 99raises riskSector: Services to buildings and landscape activities (NACE 81)lowers riskLiquidity: current ratio 16.57, cash €47,807Equity €91,348 (94.0% of total assets)Founded in 1977Show the evidence

Checked score

Score 2025
99 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 92% of its sector peers (NACE 81, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 94.0% of total assets
Liquidity 100=
short-term debt 6.0% · cash 49.2%
Profitability 100+68
return on assets 37.2%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (7,681 companies, NACE 81, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: < 0.1%▼ -0.1 percentage points vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: 0.1%▲ +0.1 percentage points vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026highest value 03-2026: < 0.1%▼ -0.1 percentage points vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity ample (current ratio 16.57, compared with 15.14 in 2024, above the usual 1.5; short-term debt: 6% and cash: 49.2% of total assets), and 6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 81, micro): better than 92% on solvency, 99% on liquidity, 92% on profitability and 85% on growth.

The bankruptcy probability was computed on 16-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 16.57, cash €47,807
NBB · annual accounts
raises risk · Sector: Services to buildings and landscape activities (NACE 81)
KBO
lowers risk · Equity €91,348 (94.0% of total assets)
NBB · annual accounts
lowers risk · Founded in 1977
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €91,348
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-02-2026, 11 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
11 days late
2024
7 days early
2023
on the day
2022
6 days early
2021
10 days early
2020
5 days early
2019
25 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 6 days before the deadline; the sector median (NACE 81) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 25 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end17-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Highest result from 2019 to 2025net €36,183 ▲4,901%
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: Among the best 5% on solvencysector median 42.4% · 1,517 companies 94.0% View
  • Controlled by DU'ARTE 100% View
  • Active since 1977founded 09-04-1977 49 years View

By topic

Financials

Financial year
2025
Total assets
€97,189
Profit
€36,183
Solvency
94.0%
Total assets▲ 64.6%
Net result
20192025
Go to Financials

Timeline

Events
56
Since
1978
Next accounts
by 31-01-2027
  1. 31-01-2024Annual accounts filed
  2. 25-01-2023Annual accounts filed
  3. 30-06-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
General cleaning of buildingsNACE 81210
Founded
09-04-1977
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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