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KU SOLAR

Active
Private limited companyfounded 2023active for 2 yearsHeirstraat(M) 464, 3630 Maasmechelen, BelgiumKBO/BCE: BE 1003.996.619

From the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

KU SOLAR has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53,684 and a net result of €26,546. Its solvency ranks better than 46% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Official details

KBO
Status
Active since 28-12-2023 Normal situation
Activity
General electrical installation work NACE 43211and 1 other
Establishment unit
2.357.693.579 3630 Maasmechelen, since 28-12-2023
Financial year end
30 September
Peppol
Reachable since 27-01-2026

Board and ownership

Board

Financial position

68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Annual accounts to 30-09-2025
Gross margin
€41,626
▲ 38.4%
Turnover
≈ €190,000
estimated
Profit
€26,546
▲ 19.9%
Equity
€53,684
▲ 97.8%
Total assets
€123,864
▲ 130%
Filed on 08-04-2026, 22 days before the deadlinePDF
Score breakdownraises riskFounded in 2023Size: total assets €123,8641 of the last 3 accounts latelowers riskLiquidity: current ratio 2.37, cash €30,259Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 70% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 68-7
equity 43.3% of total assets
Liquidity 63-25
short-term debt 38.5% · cash 24.4%
Profitability 96-4
return on assets 21.4%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 01-2025: 1.9% 02-2025: 1.9%● unchanged vs 01-2025 03-2025: 1.9%● unchanged vs 02-2025 04-2025: 2.3%▲ +0.4 percentage points vs 03-2025 05-2025: 2.4%▲ +0.1 percentage points vs 04-2025 06-2025: 2.7%▲ +0.3 percentage points vs 05-2025 07-2025: 2.7%● unchanged vs 06-2025 08-2025: 3.0%▲ +0.3 percentage points vs 07-2025 09-2025: 3.0%● unchanged vs 08-2025 10-2025: 2.9%▼ -0.1 percentage points vs 09-2025 11-2025: 3.2%▲ +0.3 percentage points vs 10-2025 12-2025: 3.3%▲ +0.1 percentage points vs 11-2025 01-2026: 3.3%● unchanged vs 12-2025highest value 02-2026: 3.0%▼ -0.3 percentage points vs 01-2026 03-2026: 2.8%▼ -0.2 percentage points vs 02-2026 04-2026: 2.9%▲ +0.1 percentage points vs 03-2026 05-2026: 0.9%▼ -2.0 percentage points vs 04-2026lowest value 06-2026: 0.9%● unchanged vs 05-2026lowest value 07-2026: 0.9%● unchanged vs 06-2026lowest value 08-2026: 0.9%● unchanged vs 07-2026lowest value 09-2026: 1.0%▲ +0.1 percentage points vs 08-2026 10-2026: 1.0%● unchanged vs 09-2026
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.37 (8.19 in 2024), above the usual 1.5. Short-term debt is 38.5% and cash 24.4% of total assets. However, 56.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 43, micro). It does better than 46% of them on solvency, 61% on liquidity, 82% on profitability and 91% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.37, cash €30,259
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €123,864
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 08-04-2026, 22 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
22 days early
2024
271 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 125 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 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 30-09-2026 is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Comparable companies

These companies have the same main activity as KU SOLAR: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €108,000 and €121,000, founded in 2023.

CompanyTotal assetsGross margin
KU SOLAR Maasmechelen€123,864€41,626
ELEKTRO VANRUSSELT Hasselt€111,444€42,131
VOLT ENERGY Houthalen-Helchteren€107,519€49,917
LT Technics Zoutleeuw€115,049€43,258
CREATIEVE BOUW Zaventem€115,703€41,520
Abeele Elektriciteit Oostkamp€114,501€44,351
G&VO Essen€121,374€44,243
Full comparison

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about KU SOLAR

What is the company number of KU SOLAR?
The company number of KU SOLAR is 1003.996.619. The VAT number is the same number with BE in front: BE 1003.996.619.
Where is KU SOLAR based?
The registered office is at Heirstraat(M) 464, 3630 Maasmechelen.Company details
What does KU SOLAR do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of KU SOLAR?
The legal form of KU SOLAR is Private limited company (BV).
When was KU SOLAR founded?
KU SOLAR was founded on 28-12-2023.
Is KU SOLAR still active?
Yes, KU SOLAR is an active enterprise in the KBO register.
What is the turnover of KU SOLAR?
The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €41,626 and 45 comparable companies (NACE 43211). It probably lies between €140,000 and €300,000.Financials
Is KU SOLAR profitable?
In financial year 2025, KU SOLAR made a profit of €26,546.
Where can I find the annual accounts of KU SOLAR?
KU SOLAR filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of KU SOLAR due?
KU SOLAR must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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