Financials
- Financial year
- 2023
- Total assets
- €93,900
- Profit
- €10,765
- Solvency
- 21.7%
Total assets▲ 9.5%
Net result
20202023
SOLACE ENERGY
ActiveThe file of SOLACE ENERGY contains 1 historical bankruptcy publication, as published in the Belgian Official Gazette.
Summary
For SOLACE ENERGY, at least two filing cycles of the annual accounts are missing. The computed 12-month bankruptcy probability is 13.0% (high). The 2023 annual accounts show equity of €20,421 and a net result of €10,765. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 33,635 sector peers (NACE 43, financial year 2023).
Overview
Activity
General electrical installation work
NACE 43211
1 site
Size
€93,900total assets 2023
- Equity
- €20,421
- Profit
- €10,765
Turnover not published (micro format)
Financial health
- Bankruptcy probabilitywithin 12 months
- 13.0%
2023 figures too old to score
Structure
Accounts 437 days overdue0 of 2 deeds read
Signalsraises risk2 financial years not filed after the legal deadline; latest accounts 324 days late; 3 of the last 3 lateFigures for financial year 2023 (filed 28-06-2025)Size: total assets €93,900Founded in 2019Two or more financial years not filedFiled more than 90 days lateneutralPrior bankruptcyShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Strong
Solvency
47+11
equity 21.7% of total assets
Liquidity
44+40
short-term debt 33.2% · cash 7.0%
Profitability
83-3
return on assets 11.5%
Bankruptcy probability, 12 months
13.0%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 6.5%
12-2024: 7.3%▲ +0.8 percentage points vs 11-2024
01-2025: 10.0%▲ +2.7 percentage points vs 12-2024
02-2025: 9.9%▼ -0.1 percentage points vs 01-2025
03-2025: 10.4%▲ +0.5 percentage points vs 02-2025
04-2025: 9.7%▼ -0.7 percentage points vs 03-2025
05-2025: 9.7%● unchanged vs 04-2025
06-2025: 9.5%▼ -0.2 percentage points vs 05-2025
07-2025: 5.7%▼ -3.8 percentage points vs 06-2025lowest value
08-2025: 5.9%▲ +0.2 percentage points vs 07-2025
09-2025: 6.1%▲ +0.2 percentage points vs 08-2025
10-2025: 7.8%▲ +1.7 percentage points vs 09-2025
11-2025: 7.3%▼ -0.5 percentage points vs 10-2025
12-2025: 8.3%▲ +1.0 percentage point vs 11-2025
01-2026: 10.8%▲ +2.5 percentage points vs 12-2025
02-2026: 10.8%● unchanged vs 01-2026
03-2026: 11.3%▲ +0.5 percentage points vs 02-2026
04-2026: 10.7%▼ -0.6 percentage points vs 03-2026
05-2026: 10.7%● unchanged vs 04-2026
06-2026: 10.5%▼ -0.2 percentage points vs 05-2026
07-2026: 10.5%● unchanged vs 06-2026
08-2026: 13.0%▲ +2.5 percentage points vs 07-2026highest value
09-2026: 13.0%● unchanged vs 08-2026highest value
10-2026: 13.0%● unchanged vs 09-2026highest value
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Signals
Seven signals.
raises riskneutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline11-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 20-06-2025, 324 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
324 days late
2022
68 days late
2021
135 days late
2020
18 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 136 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2023 · micro…
- Bankruptcy reversalEnterprise Court of Walloon Brabant…
- Liquidity more than doublescurrent ratio 2.61
Key points
By topic
Timeline
- Events
- 8
- Since
- 2021
- 07-10-2023Annual accounts filed
- 31-12-2022Back to profit
- 13-12-2022Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 28-11-2019
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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