Financials
- Fiscal year
- 2025
- Total assets
- €512,116
- Loss
- -€52,435
- Solvency
- 34.0%
Total assets▼ 11.1%
Net result
20182025
SOLAR CONSTRUCTIONS
ActiveSummary
The computed 12-month bankruptcy probability of SOLAR CONSTRUCTIONS is 2.8% (moderate). The 2025 annual accounts show equity of €174,350 and a net result of -€52,435. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 36% of 33831 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Other construction installation
NACE 43240NACE 43299NACE 45340
1 site
Size
€512,116total assets 2025
- Equity
- €174,350
- Loss
- -€52,435
Turnover not published (abridged schema)
Structure
Accounts filed 61 d late1 of 8 deeds read
Why 50- Latest accounts 61 days late; 2 of the last 3 late- Loss of €52,435, the second in a row (FY 2025)- 1 change of registered office in 24 months+ Liquidity: current ratio 0.63, cash €82,171Show the evidence
Checked score
Score 2025
50
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 26% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
59-5
equity 34.0% of total assets
Liquidity
46-7
short-term debt 49.0% · cash 16.0%
Profitability
32-35
return on assets -10.2%
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%lowest value
12-2024: 0.1%● 0.0% vs 11-2024lowest value
01-2025: 0.1%● 0.0% vs 12-2024lowest value
02-2025: 0.3%▲ +172% vs 01-2025
03-2025: 0.3%▲ +3.4% vs 02-2025
04-2025: 0.4%▲ +13.0% vs 03-2025
05-2025: 0.5%▲ +24.8% vs 04-2025
06-2025: 0.5%▲ +16.2% vs 05-2025
07-2025: 0.6%▲ +13.2% vs 06-2025
08-2025: 1.1%▲ +80.2% vs 07-2025
09-2025: 1.4%▲ +29.1% vs 08-2025
10-2025: 2.4%▲ +67.8% vs 09-2025
11-2025: 0.9%▼ -62.2% vs 10-2025
12-2025: 0.9%● 0.0% vs 11-2025
01-2026: 0.9%▼ -0.7% vs 12-2025
02-2026: 0.9%▲ +1.7% vs 01-2026
03-2026: 0.9%▲ +2.5% vs 02-2026
04-2026: 0.9%▲ +0.1% vs 03-2026
05-2026: 1.1%▲ +13.3% vs 04-2026
06-2026: 1.1%▲ +3.1% vs 05-2026
07-2026: 1.1%▲ +4.1% vs 06-2026
08-2026: 1.7%▲ +50.4% vs 07-2026
09-2026: 2.2%▲ +25.8% vs 08-2026
10-2026: 2.8%▲ +28.9% vs 09-2026highest value
- Latest accounts 61 days late; 2 of the last 3 late raises the probability
- Loss of €52,435, the second in a row (FY 2025) raises the probability
- 1 change of registered office in 24 months raises the probability
- Liquidity: current ratio 0.63, cash €82,171 lowers the probability
Credit up to €8,000 at 30 days acceptable
Liquidity short (current ratio 0.63 against 0.69 in 2024; short-term debt: 49% and cash: 16% of total assets), and 66% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 36%, liquidity 36%, profitability 17%, growth against the median 16%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
1819202122232425
2018 to 2025 · latest year -€52,435
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
61 d late
2024
71 d late
2023
1 d late
2022
17 d late
2021
23 d late
2020
25 d late
2019
22 d 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 25 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
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. Usually files around 23 August (4 of the last 5 filed years within 38 days of that day).
Companies Code · seven monthsPosition in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
- Permanent representative: Philip STAESRegistered-office move
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 02-10-2026Permanent representative: Philip STAES
- 30-09-2026Annual accounts filed
- 10-10-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Coöperatieve vennootschap met beperkte aansprakelijkheid
- Activity
- Other construction installationNACE 43240
- Founded
- 26-03-2007
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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