SED SOLAR
ActiveSummary
SED SOLAR has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €243,199 and a net result of €16,051, of which €12,810 non-recurring income. Equity has been growing by about 13% per year since 2019. Its solvency ranks better than 51% of 913 sector peers (NACE 43, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 08-12-2009 Normal situation
- Activity
- General electrical installation work NACE 43211and 1 other
- Establishment unit
- 2.183.482.569 8700 Tielt, since 08-12-2009
- Financial year end
- 31 March
- Peppol
- Reachable since 04-06-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €70,666
- ▼ 3.0%
- Turnover
- ≈ €280,000
- estimated
- Profit
- €16,051
- ▼ 12.5%
- Equity
- €243,199
- ▼ 22.9%
- Total assets
- €480,432
- ▲ 9.6%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.63, cash €99,061Founded in 2009Equity €243,199 (50.6% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 55% of them on solvency, 63% on liquidity, 44% on profitability and 17% on growth.
The bankruptcy probability was computed on 03-11-2026 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
The company filed its last 7 accounts on average 4 days before 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)
Key points
- Positive: More equity than 82% of companies in specialised constructionsector median €73,362 · 913 companies €243,199 View
- Positive: 8 profitable years in a rowprofit 2026: €16,051, mostly one-off 8 years View
- Positive: Filed on time since financial year 2021accounts within the deadline every year 6 years View
Recent changes
- · Gazette deed Appointment: DERUDDER Peter (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as SED SOLAR: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €409,000 and €508,000, founded between 2008 and 2010.
| Company | Total assets | Gross margin |
|---|---|---|
| SED SOLAR Tielt | €480,432 | €70,666 |
| ECOLIS.BE Alveringem | €471,298 | €72,396 |
| STEVE VANDENBON Damme | €463,877 | €65,948 |
| ECOVOLUTION Torhout | €419,113 | €68,330 |
| ELEKTRO LAMBRECHT Beernem | €485,819 | €85,305 |
| ALLIET ELECTRICS Ingelmunster | €408,500 | €59,995 |
| PETER DEVRIES Sint-Katelijne-Waver | €507,672 | €70,824 |
Key facts about SED SOLAR
- What is the company number of SED SOLAR?
- The company number of SED SOLAR is 0821.212.094. The VAT number is the same number with BE in front: BE 0821.212.094.
- Where is SED SOLAR based?
- The registered office is at Gierigaardstraat 5, 8700 Tielt.Company details
- What does SED SOLAR do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of SED SOLAR?
- The legal form of SED SOLAR is Private limited company (BV).
- When was SED SOLAR founded?
- SED SOLAR was founded on 08-12-2009.
- Is SED SOLAR still active?
- Yes, SED SOLAR is an active enterprise in the KBO register.
- What is the turnover of SED SOLAR?
- The turnover in financial year 2026 is ≈ €280,000. This figure is estimated from the gross margin of €70,666 and 40 comparable companies (NACE 43211). It probably lies between €170,000 and €430,000.Financials
- Is SED SOLAR profitable?
- In financial year 2026, SED SOLAR made a profit of €16,051.
- Where can I find the annual accounts of SED SOLAR?
- SED SOLAR filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of SED SOLAR due?
- SED SOLAR must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
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