BRI-SOLAR
ActiveSummary
The computed 12-month bankruptcy probability of BRI-SOLAR is 3.3% (moderate). The 2025 annual accounts show equity of €60k and a net result of €-25k. Equity is shrinking by ~33.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 94% of 27965 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth32=
Track record94
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 10.34 against 22.84 in 2024; short-term debt: 8.6% and cash: 55.8% of total assets), and 8.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
91.4%
Return on assets
-37.8%
Age of the figures
9 mo
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
232425
2023 to 2025 · latest year €-25k
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 23-07-2026, 8 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
8 d early
2024
55 d early
2023
51 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€60k▼ 29.2%
2024 · €85k
Total assets
€66k▼ 25.5%
2024 · €88k
Net result
€-25k▲ 24.2%
2024 · €-33k
Working capital
€53k▼ 26.7%
2024 · €72k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€147k-€-33k€-25k▲ 24.4%
Net result€110k-€-33k€-25k▲ 24.2%
Equity€118k-€85k▼ 27.8%€60k▼ 29.2%
Total assets€157k-€88k▼ 43.8%€66k▼ 25.5%
Debt€39k-€3k▼ 91.6%€6k▲ 71.4%
Working capital€101k-€72k▼ 28.8%€53k▼ 26.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €25k in 2025 against €33k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €66k
Fixed assets
€7k ▼ 43.2%
Current assets
€58k ▼ 22.4%
Equity and liabilities €66k
Equity
€60k ▼ 29.2%
Debt
€6k ▲ 71.4%
Debt's share of the balance-sheet total rises from 3.7% to 8.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-19k▲
2024 · €-27k
Cash flow
€-19k▲
2024 · €-27k
Current ratio
10.34▼
2024 · 22.84
Quick ratio
8.93▼
2024 · 20.11
Debt to equity
0.09▲
2024 · 0.04
ROE
-41.3%▼
2024 · -38.6%
ROA
-37.8%▼
2024 · -37.1%
Interest coverage
-302.65▲
2024 · -706.43
Debt ≤ 1 year
€6k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €5k | €6k | ▲ 5.7% |
| Other operating charges640/8 | €858 | €749 | €614 | ▼ 18.0% |
| Gross operating margin9900 | €152k | €-27k | €-19k | ▲ 30.6% |
| Operating profit (loss)9901 | €147k | €-33k | €-25k | ▲ 24.4% |
| Financial income75/76B | - | €34 | - | - |
| Recurring financial income75 | - | €34 | - | - |
| Financial charges65/66B | €36 | €39 | €63 | ▲ 62.8% |
| Recurring financial charges65 | €36 | €39 | €63 | ▲ 62.8% |
| Profit (loss) for the period before taxes9903 | €147k | €-33k | €-25k | ▲ 24.2% |
| Income taxes67/77 | €37k | - | - | - |
| Profit (loss) for the period9904 | €110k | €-33k | €-25k | ▲ 24.2% |
| Profit (loss) for the period to be appropriated9905 | €110k | €-33k | €-25k | ▲ 24.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €157k | €88k | €66k | ▼ 25.5% |
| Fixed assets21/28 | €17k | €13k | €7k | ▼ 43.2% |
| Tangible fixed assets22/27 | €17k | €13k | €7k | ▼ 43.2% |
| Plant, machinery and equipment23 | - | €2k | €1k | ▼ 26.6% |
| Furniture and vehicles24 | €17k | €12k | €6k | ▼ 45.4% |
| Current assets29/58 | €141k | €75k | €58k | ▼ 22.4% |
| Stocks and contracts in progress3 | - | €9k | €8k | ▼ 11.6% |
| Stocks30/36 | - | €9k | €8k | ▼ 11.6% |
| Amounts receivable within one year40/41 | €12k | €468 | €13k | ▲ 2,603% |
| Trade receivables40 | €5k | - | €10k | - |
| Other amounts receivable41 | €6k | €468 | €3k | ▲ 481% |
| Cash at bank and in hand54/58 | €128k | €66k | €37k | ▼ 44.1% |
| Deferred charges and accrued income490/1 | €516 | €157 | €1k | ▲ 599% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €157k | €88k | €66k | ▼ 25.5% |
| Equity10/15 | €118k | €85k | €60k | ▼ 29.2% |
| Contributions10/11 | €8k | €8k | €8k | = |
| Profit (loss) carried forward14 | €110k | €78k | €53k | ▼ 32.1% |
| Amounts payable17/49 | €39k | €3k | €6k | ▲ 71.4% |
| Amounts payable within one year42/48 | €39k | €3k | €6k | ▲ 71.4% |
| Trade debts44 | €2k | €776 | €24 | ▼ 96.9% |
| Suppliers440/4 | €2k | €776 | €24 | ▼ 96.9% |
| Taxes, remuneration and social security45 | €37k | €441 | €5k | ▲ 1,141% |
| Taxes450/3 | €37k | €1 | €772 | ▲ 88,689% |
| Remuneration and social security454/9 | - | €440 | €5k | ▲ 968% |
| Other amounts payable47/48 | €237 | €2k | €156 | ▼ 92.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €110k | €-33k | €-25k | ▲ 24.2% |
| + Depreciation and write-downs630 | €4k | €5k | €6k | ▲ 5.7% |
| Operating cash flow (approximation) | €115k | €-27k | €-19k | ▲ 30.1% |
| Investment in fixed assets (approximation) | - | €-2k | €0 | ▲ 100% |
| Change in cash | - | €-63k | €-29k | ▲ 53.9% |
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
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-33k
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 6current ratio 22.84
Current ratio from 3.56 to 22.84; short-term debt falls from €39k to €3k.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Soignies · 1 establishment unit since 2023
Ground area
480 m²
Building footprint
72 m²
Parcel 53058A0824/00K002, Wallonia. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BRI-SOLAR
since 20232.346.972.210
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53058A0824/00K002 | Wallonia | 480 m² | 1 · 72 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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Elektriciteitswerken Gabriele
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Genk · Eq €60,185
E.D. SYSTEMS
BE 0874.804.002
Mouscron · Eq €60,180
DF CONCEPTION
BE 0781.403.195
Dinant · Eq €60,286
Of 22,832 companies in sector 43211 we hold annual accounts for 10,326. 8,697 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
01620Support activities for animal production
43230Insulation installation
43240Other construction installation
68201Renting and operating of own or leased residential real estate, excluding social housing
93127Equestrian clubs
Scores and ratios are computed by Checked and are not a credit decision.