Turnover
≈ €190,000 estimated
The accounts state no turnover.
CW SOLAR
Lifetime
2 annual accounts with figures on one time axispeak €52,725 (2025)
€52,725▲ 77.2%
peak €9,952 (2024)
€3,833▼ 61.5%
peak €53,785 (2025)
€53,785▲ 7.7%
€98,160▲ 22.9%
peak 1 FTE (2025)
1 FTE
Board3 names since 2023
3 directors and 2 others
Owners
60%
Documentsfilings and deeds
16-07-202615 days before the deadline
2025abbreviated format
Gross margin from €29,759 to €52,725Result from €9,952 to €3,833Debts from €79,859 to €98,160Cash from €17,627 to €47,165
Key points
from the 2025 annual accountsLiquidity
1.83 was 1.30 in 2024
Short-term debts fell from €79,859 to €72,521.
Position in the sector
€53,785
Less equity than 84% of companies in specialised construction. Sector median €340,327 · 9,285 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,547 companies had the same profile as CW SOLAR has now. Each dot stands for 7 companies, two years later.
94.2%
were still trading
3.4%
stopped another way
2.3%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,547 companies, not a prediction for CW SOLAR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, since 28-07-2023
Director, , since 28-07-2023
Director, since 28-07-2023
- 60%score equity €47,779 (2025) · 2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0804373389
Incorporation
Founding capital of €40,000, 1,000 shares · Founders: , , and 1 other · Appointments: , and · published on 01-08-2023 · Gazette deed
First establishment
Durmakker 15, Evergem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CW SOLAR Evergem | €151,945 | €52,725 | 35.4% | 1 |
| De Muntzoeker Blankenberge | €158,774 | €68,320 | -74.6% | 1.5 |
| ADC CONCEPT + Waremme | €96,228 | €64,030 | 57.5% | 1 |
| Smart Home Concept Wavre | €135,131 | €107,080 | 21.3% | 1.2 |
| B & R CONCEPT Colfontaine | €159,220 | €109,779 | 66.2% | 1.2 |
| YF TECH SOLUTIONS Antwerp | €135,957 | €114,016 | 54.6% | 0.8 |
| ERL High-end electrical systems Kuurne | €211,650 | €70,021 | 6.9% | 0.4 |
These companies have the same main activity as CW SOLAR: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €96,200 and €212,000, founded between 2021 and 2024.
Official details
Source: KBO- Status
- Active since 28-07-2023Normal situation
- Activity
- General electrical installation workNACE 43211and 1 other
- Establishment unit
- 2.347.697.5329940 Evergem, since 28-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 17-07-2025
Annual accounts 2025
- €151,945▲ 17.1%
- Employeeson 31-12-2025
- 1
- Filing
- Filed on 16-07-2026, 15 days before the end of the filing period
Insights on CW SOLAR
CW SOLAR has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53,785 and a net result of €3,833.
Its solvency ranks better than 39% of 9,285 sector peers (NACE 43, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CW SOLAR
- What is the company number of CW SOLAR?
- The company number of CW SOLAR is 0804.373.389. The VAT number is the same number with BE in front: BE 0804.373.389.
- Where is CW SOLAR based?
- The registered office is at Durmakker 15, 9940 Evergem.Company details
- What does CW SOLAR do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of CW SOLAR?
- CW SOLAR is a private limited company (BV).
- When was CW SOLAR founded?
- CW SOLAR was founded on 28-07-2023.
- Is CW SOLAR still active?
- Yes, CW SOLAR is an active enterprise in the KBO register.
- How many employees does CW SOLAR have?
- CW SOLAR had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of CW SOLAR?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €52,725 and 52 comparable companies (NACE 43211). It probably lies between €130,000 and €290,000.
- Is CW SOLAR profitable?
- In financial year 2025, CW SOLAR made a profit of €3,833.
- Where can I find the annual accounts of CW SOLAR?
- CW SOLAR filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CW SOLAR due?
- CW SOLAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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