Financials
- Fiscal year
- 2024
- Total assets
- €165,270
- Profit
- €15,551
- Solvency
- 15.5%
LAPIS SOLAR
ActiveSummary
The computed 12-month bankruptcy probability of LAPIS SOLAR is 3.3% (moderate). The 2024 annual accounts show equity of €25,551 and a net result of €15,551. Its solvency ranks better than 20% of 9081 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Wholesale of electrical equipment, including installation materials
NACE 46643NACE 46693
1 site
Size
€165,270total assets 2024
- Equity
- €25,551
- Profit
- €15,551
Turnover not published (abridged schema)
Structure
Accounts 24 d early0 of 2 deeds read
Why 49- Figures for FY 2024 (filed 14-07-2025)- Founded in 2023- 1 financial year not filed after the legal deadline+ Liquidity: current ratio 1.18, cash €32,298Show the evidence
Checked score
Score 2024
49
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 33% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency
40
equity 15.5% of total assets
Liquidity
28
short-term debt 84.5% · cash 19.5%
Profitability
61
return on assets 9.4%
Bankruptcy probability, 12 months
3.3%
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: 1.6%
12-2024: 1.7%▲ +2.7% vs 11-2024
01-2025: 2.0%▲ +19.5% vs 12-2024
02-2025: 2.1%▲ +5.3% vs 01-2025
03-2025: 2.4%▲ +11.1% vs 02-2025
04-2025: 2.4%● 0.0% vs 03-2025
05-2025: 2.6%▲ +10.3% vs 04-2025
06-2025: 2.7%▲ +1.8% vs 05-2025
07-2025: 2.5%▼ -4.3% vs 06-2025
08-2025: 1.2%▼ -54.1% vs 07-2025lowest value
09-2025: 1.2%▲ +4.5% vs 08-2025
10-2025: 1.2%▲ +2.3% vs 09-2025
11-2025: 1.2%● 0.0% vs 10-2025
12-2025: 1.2%● 0.0% vs 11-2025
01-2026: 1.2%▼ -2.2% vs 12-2025
02-2026: 1.2%● 0.0% vs 01-2026
03-2026: 1.2%● 0.0% vs 02-2026
04-2026: 1.3%▲ +3.0% vs 03-2026
05-2026: 1.3%▲ +3.2% vs 04-2026
06-2026: 1.2%▼ -9.0% vs 05-2026
07-2026: 1.2%▲ +3.7% vs 06-2026
08-2026: 1.8%▲ +47.1% vs 07-2026
09-2026: 2.1%▲ +19.4% vs 08-2026
10-2026: 3.3%▲ +56.0% vs 09-2026highest value
- Figures for FY 2024 (filed 14-07-2025) raises the probability
- Founded in 2023 raises the probability for this profile
- 1 financial year not filed after the legal deadline raises the probability
- Liquidity: current ratio 1.18, cash €32,298 lowers the probability
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.18; short-term debt: 84.5% and cash: 19.5% of total assets), and 84.5% 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 46, micro). Better than this share of them on solvency 27%, liquidity 25%, profitability 45%. 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.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 9081 sector peers (2024).
NBB · sector comparisonPosition among 9081 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
24 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 24 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · abbreviated…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2025
- 07-07-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Wholesale of electrical equipment, including installation materialsNACE 46643
- Founded
- 29-09-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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