Financials
- Financial year
- 2025
- Total assets
- €397,525
- Loss
- -€11,464
- Solvency
- 22.3%
NAJISOLAR
ActiveSummary
NAJISOLAR has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €88,536 and a net result of -€11,464. Its solvency ranks better than 24% of 1,215 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Activity
Construction of utility projects for electricity and telecommunications
NACE 42220
1 site
Size
€397,525total assets 2025
- Equity
- €88,536
- Loss
- -€11,464
Turnover not published (micro format)
Structure
Accounts 16 days early0 of 1 deed read
Why 66raises riskFounded in 2024Sector: Civil engineering (NACE 42)lowers riskSize: total assets €397,525Liquidity: current ratio 0.24, cash €71,829Show the evidence
Checked score
Score 2025
66
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 20% of its sector peers (NACE 42, micro)
Financial strength
Weak
Solvency
47
equity 22.3% of total assets
Liquidity
30
short-term debt 77.7% · cash 18.1%
Profitability
15
return on assets -2.9%
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2025: 1.8%
12-2025: 1.8%● unchanged vs 11-2025
01-2026: 1.8%● unchanged vs 12-2025
02-2026: 2.2%▲ +0.4 percentage points vs 01-2026
03-2026: 2.3%▲ +0.1 percentage points vs 02-2026
04-2026: 2.5%▲ +0.2 percentage points vs 03-2026
05-2026: 2.8%▲ +0.3 percentage points vs 04-2026highest value
06-2026: 2.8%● unchanged vs 05-2026highest value
07-2026: 2.7%▼ -0.1 percentage points vs 06-2026
08-2026: 0.8%▼ -1.9 percentage points vs 07-2026
09-2026: 0.8%● unchanged vs 08-2026lowest value
10-2026: 0.8%● unchanged vs 09-2026
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.24, below 1; short-term debt: 77.7% and cash: 18.1% of total assets), and 77.7% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 42, micro): better than 25% on solvency, 21% on liquidity and 14% on profitability.
The bankruptcy probability was computed on 13-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 1215 sector peers (2025).
NBB · sector comparisonPosition among 1215 sector peers
Solvency
better than 24%
← weakest
strongest →
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 15-07-2026, 16 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
16 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2026
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Construction of utility projects for electricity and telecommunicationsNACE 42220
- Founded
- 17-10-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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