My Solar
ActiveThe computed 12-month bankruptcy probability of My Solar is 2.5% (moderate). The 2025 annual accounts show negative equity (€-62k) and a net result of €-41k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 27676 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
19
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.35 against 0.45 in 2024; short-term debt: 229.1% and cash: 1.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
-129.1%
Return on assets
-85.1%
Age of the figures
18 mo
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-62k
raises risk · Filed more than 90 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 19-03-2026, 139 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2025
139 d late
2024
398 d late
2023
27 d early
2022
31 d early
2021
4 d early
2020
2 d late
2019
15 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close20-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€-62k▼ 193%
2024 · €-21k
2019: €11k
2020: €8k
2021: €24k
2022: €6k
2023: €34k
2024: €-21k
2019 → 2025
Total assets
€48k▼ 18.8%
2024 · €59k
2019: €19k
2020: €36k
2021: €36k
2022: €37k
2023: €70k
2024: €59k
2019 → 2025
Net result
€-41k▲ 37.3%
2024 · €-65k
2019: €2k
2020: €-3k
2021: €16k
2022: €-18k
2023: €28k
2024: €-65k
2019 → 2025
Working capital
€-72k▼ 70.9%
2024 · €-42k
2019: €9k
2020: €5k
2021: €17k
2022: €2k
2023: €29k
2024: €-42k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€24k-€6k▼ 74.3%€34k▲ 453%€-21k€-62k▼ 193%
Operating result€20k-€-16k€32k€-60k€-33k▲ 44.8%
Net result€16k-€-18k€28k€-65k€-41k▲ 37.3%
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 €33k in 2025 against €60k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €48k
Fixed assets
€10k▼ 59.0%
Current assets
€38k▲ 9.3%
Key figures and ratios
EBITDA
€-30k▲
2024 · €-55k
Cash flow
€-38k▲
2024 · €-61k
Solvency
-129.1%▼
2024 · -35.7%
Current ratio
0.35▼
2024 · 0.45
Quick ratio
0.19▲
2024 · 0.15
Debt / equity
-1.77▲
2024 · -3.80
ROA
-85.1%▲
2024 · -110.2%
Interest coverage
-3.75▲
2024 · -11.24
Debt
€109k▲
2024 · €80k
Debt ≤ 1 year
€109k▲
2024 · €76k
Income taxes
€-87▼
2024 · €387
Staff costs
€17k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€59k€48k▼
Fixed assets21/28€24k€10k▼
Tangible fixed assets22/27€19k€5k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€14k€1k▼
Other tangible fixed assets26€1k€873▼
Financial fixed assets28€5k€5k=
Current assets29/58€35k€38k▲
Stocks and contracts in progress3€23k€17k▼
Stocks30/36€23k€17k▼
Amounts receivable within one year40/41€9k€19k▲
Trade receivables40€6k€19k▲
Other amounts receivable41€4k-
Cash at bank and in hand54/58€781€781=
Deferred charges and accrued income490/1€898€698▼
Equity and liabilities
Total equity and liabilities10/49€59k€48k▼
Equity10/15€-21k€-62k▼
Contributions10/11€19k€19k=
Reserves13€107-
Non-distributable reserves130/1€107-
Reserves not available under the articles1311€107-
Profit (loss) carried forward14€-40k€-80k▼
Amounts payable17/49€80k€109k▲
Amounts payable within one year42/48€76k€109k▲
Financial debts43€28k€36k▲
Credit institutions430/8€22k€26k▲
Other loans439€6k€10k▲
Trade debts44€13k€23k▲
Suppliers440/4€13k€23k▲
Taxes, remuneration and social security45€33k€48k▲
Taxes450/3€29k€46k▲
Remuneration and social security454/9€4k€2k▼
Other amounts payable47/48€2k€3k▲
Accrued charges and deferred income492/3€3k-
Income statement
Code20242025
Remuneration, social security and pensions62€4k€17k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€6k€3k▼
Non-recurring operating charges66A-€395
Gross operating margin9900€-46k€-10k▲
Operating profit (loss)9901€-60k€-33k▲
Financial income75/76B€0€183▲
Recurring financial income75€0€183▲
Financial charges65/66B€5k€8k▲
Recurring financial charges65€5k€8k▲
Profit (loss) for the period before taxes9903€-64k€-41k▲
Income taxes67/77€387€-87▼
Profit (loss) for the period9904€-65k€-41k▲
Profit (loss) for the period to be appropriated9905€-65k€-41k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-65k€-80k▼
Profit (loss) brought forward from the previous period14P-€-40k
Transfer from equity791/2€25k€107▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 139 days late
2025
03-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 398 days late
2024
31-03
Financial
Weakest financial yearnet €-65k ▼334%
Net result drops to €-65k, the lowest in the series; recovery starts the following year.
2023
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
2020
02-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2019
16-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wevelgem · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Normandiëstraat 378560 WevelgemGround area
275 m²
Building footprint
85 m²
Volume, LiDAR
506 m³
Parcel 34041A0424/00X004, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
My Solar
since 20182.281.746.539
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34041A0424/00X004 | Flanders | 275 m² | 1 · 85 m² | 9.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,130 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded06-04-2018
Fiscal year end31-03
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.