BELSOLAR CONNECT
ActiveSummary
The computed 12-month bankruptcy probability of BELSOLAR CONNECT is 3.3% (moderate). The 2024 annual accounts show equity of €35,793 and a net result of €3,704. Its solvency ranks better than 78% of 36381 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 2 accounts on average 34 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 (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €763 | €2,125 | ▲ 179% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €5,701 | - |
| Other operating charges640/8 | €62 | €1,033 | ▲ 1,557% |
| Gross operating margin9900 | €36,943 | €11,853 | ▼ 67.9% |
| Operating profit (loss)9901 | €36,118 | €2,993 | ▼ 91.7% |
| Financial charges65/66B | - | €350 | - |
| Recurring financial charges65 | - | €350 | - |
| Profit (loss) for the period before taxes9903 | €36,118 | €2,643 | ▼ 92.7% |
| Income taxes67/77 | €9,030 | -€1,061 | ▼ 112% |
| Profit (loss) for the period9904 | €27,089 | €3,704 | ▼ 86.3% |
| Profit (loss) for the period to be appropriated9905 | €27,089 | €3,704 | ▼ 86.3% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €54,543 | €49,436 | ▼ 9.4% |
| Fixed assets21/28 | €7,737 | €5,612 | ▼ 27.5% |
| Tangible fixed assets22/27 | €7,737 | €5,612 | ▼ 27.5% |
| Furniture and vehicles24 | €7,737 | €5,612 | ▼ 27.5% |
| Current assets29/58 | €46,805 | €43,824 | ▼ 6.4% |
| Amounts receivable within one year40/41 | €14,305 | €1,705 | ▼ 88.1% |
| Trade receivables40 | €9,652 | €1,705 | ▼ 82.3% |
| Other amounts receivable41 | €4,653 | - | - |
| Cash at bank and in hand54/58 | €32,357 | €42,032 | ▲ 29.9% |
| Deferred charges and accrued income490/1 | €144 | €86 | ▼ 39.9% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €54,543 | €49,436 | ▼ 9.4% |
| Equity10/15 | €32,089 | €35,793 | ▲ 11.5% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Reserves13 | €27,089 | €30,793 | ▲ 13.7% |
| Distributable reserves133 | €27,089 | €30,793 | ▲ 13.7% |
| Amounts payable17/49 | €22,454 | €13,643 | ▼ 39.2% |
| Amounts payable within one year42/48 | €22,454 | €13,643 | ▼ 39.2% |
| Trade debts44 | €556 | €4,086 | ▲ 635% |
| Suppliers440/4 | €556 | €4,086 | ▲ 635% |
| Taxes, remuneration and social security45 | €14,110 | €2,582 | ▼ 81.7% |
| Taxes450/3 | €12,610 | €1,065 | ▼ 91.6% |
| Remuneration and social security454/9 | €1,500 | €1,517 | ▲ 1.2% |
| Other amounts payable47/48 | €7,789 | €6,976 | ▼ 10.4% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €27,089 | €3,704 | ▼ 86.3% |
| + Depreciation and write-downs630 | €763 | €2,125 | ▲ 179% |
| Operating cash flow (approximation) | €27,851 | €5,829 | ▼ 79.1% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €9,675 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53048B0016/02K002 | Wallonia | 1,762 m² | 1 · 180 m² | - |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.