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SOLANO WIND

Active
Public limited companyfounded 201115 yrs activeChaussée de Huy 120, 1300 Wavre, BelgiumKBO/BCE: BE 0837.120.886

SOLANO WIND has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €4.78M and a net result of €364k. Equity remains stable across the filed fiscal years (±0.8% per year). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2026
91 / 100
Excellent▼ -9 vs 2025
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability75▼-20
Solvency100=
Growth32▼-13
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €290k at 30 days acceptable
Liquidity ample (current ratio 3.88 against 2.25 in 2025), and 27.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 35
Relative position
BE, all sectors
reference
Sector 35
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026
Solvency, return and age of the figures
Solvency
72.8%
Return on assets
5.5%
Age of the figures
6 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 08-09-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
53 d early
2025
52 d early
2024
49 d early
2023
1 d early
2021
46 d early
2020
61 d early
2019
72 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
16-09-2026 today31-03-2027 close31-10-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2026, full schema

Turnover
€2.87M▲ 17.3%
2025 · €2.45M
2018: €3.06M 2019: €3.43M 2020: €3.13M 2021: €2.54M 2023: €3.76M 2024: €2.52M 2025: €2.45M
2018 → 2026
EBIT margin
14.7%▼ 21.8pp
2025 · 36.5%
2018: 23.0% 2019: 31.0% 2020: 20.4% 2021: -0.9% 2023: 13.6% 2024: 12.9% 2025: 36.5%
2018 → 2026
Net result
€364k▼ 58.7%
2025 · €880k
2018: €566k 2019: €950k 2020: €537k 2021: €-90k 2023: €441k 2024: €291k 2025: €880k
2018 → 2026
Working capital
€2.97M▲ 77.9%
2025 · €1.67M
2018: €481k 2019: €424k 2020: €405k 2021: €208k 2023: €543k 2024: €401k 2025: €1.67M
2018 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212023202420252026Trend
Turnover€2.54M-€3.76M▲ 48.1%€2.52M▼ 32.9%€2.45M▼ 3.1%€2.87M▲ 17.3%
Equity€5.60M-€5.62M▲ 0.4%€5.59M▼ 0.6%€5.17M▼ 7.5%€4.78M▼ 7.5%
Operating result€-24k-€511k€325k▼ 36.3%€894k▲ 175%€423k▼ 52.7%
Net result€-90k-€441k€291k▼ 33.9%€880k▲ 202%€364k▼ 58.7%
Result per fiscal year
Operating resultNet result
€-250k€0€250k€500k€750k€1.00MOperating result 2021: €-24k€-24kNet result 2021: €-90k€-90kOperating result 2023: €511k€511kNet result 2023: €441k€441kOperating result 2024: €325k€325kNet result 2024: €291k€291kOperating result 2025: €894k€894kNet result 2025: €880k€880kOperating result 2026: €423k€423kNet result 2026: €364k€364k20212023202420252026
The operating result falls in 2026; 2026 is 53% below 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €6.57M
Fixed assets €2.56M▼ 38.6%
Current assets €4.00M▲ 33.2%
Equity and liabilities €6.57M
Equity €4.78M▼ 7.5%
Provisions €754k▲ 11.6%
Debt €1.03M▼ 22.7%
The debt ratio falls from 18.6% to 15.7%: debt falls faster than equity shrinks.
Key figures and ratios
2026 value · change against 2025
EBITDA
€2.03M
2025 · €2.50M
Cash flow
€1.97M
2025 · €2.49M
Solvency
72.8%
2025 · 72.0%
Current ratio
3.88
2025 · 2.25
Quick ratio
3.88
2025 · 2.25
Debt / equity
0.22
2025 · 0.26
ROE
7.6%
2025 · 17.0%
ROA
5.5%
2025 · 12.3%
Interest coverage
4946.44
2025 · 187.05
Debt
€1.03M
2025 · €1.34M
Debt ≤ 1 year
€1.03M
2025 · €1.34M
Income taxes
€58k
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 · 2026 against 2025
Balance sheet Code20252026
Assets
Total assets20/58€7.18M€6.57M
Fixed assets21/28€4.17M€2.56M
Tangible fixed assets22/27€4.17M€2.56M
Plant, machinery and equipment23€4.17M€2.56M
Current assets29/58€3.01M€4.00M
Amounts receivable within one year40/41€2.95M€3.94M
Trade receivables40€1.33M€1.12M
Other amounts receivable41€1.62M€2.82M
Deferred charges and accrued income490/1€57k€61k
Equity and liabilities
Total equity and liabilities10/49€7.18M€6.57M
Equity10/15€5.17M€4.78M
Contributions10/11€4.40M€4.40M=
Capital10€4.40M€4.40M=
Issued capital100€4.40M€4.40M=
Reserves13€272k€292k
Non-distributable reserves130/1€272k€292k
Legal reserve130€272k€292k
Profit (loss) carried forward14€495k€89k
Provisions and deferred taxes16€675k€754k
Provisions for liabilities and charges160/5€675k€754k
Environmental obligations163€675k€754k
Amounts payable17/49€1.34M€1.03M
Amounts payable within one year42/48€1.34M€1.03M
Trade debts44€36k€157k
Suppliers440/4€36k€157k
Taxes, remuneration and social security45-€126k
Taxes450/3-€126k
Other amounts payable47/48€1.30M€750k
Accrued charges and deferred income492/3€715-
Income statement Code20252026
Operating income70/76A€3.36M€2.87M
Turnover70€2.45M€2.87M
Other operating income74€909k-
Operating charges60/66A€2.46M€2.45M
Services and other goods61€668k€654k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.61M€1.61M=
Provisions for liabilities and charges: additions (uses and reversals)635/8€78k€78k=
Other operating charges640/8€105k€106k
Operating profit (loss)9901€894k€423k
Financial charges65/66B€13k€411
Recurring financial charges65€13k€411
Debt charges650€13k-
Other financial charges652/9-€411
Profit (loss) for the period before taxes9903€880k€422k
Income taxes67/77-€58k
Taxes670/3-€126k
Tax adjustments and reversals of tax provisions77-€68k
Profit (loss) for the period9904€880k€364k
Profit (loss) for the period to be appropriated9905€880k€364k
Appropriation of the result
Profit (loss) to be appropriated9906€1.84M€859k
Profit (loss) brought forward from the previous period14P€960k€495k
Transfer to equity691/2€45k€20k
To the legal reserve6920€45k€20k
Profit to be distributed694/7€1.30M€750k
Return on contributions (dividend)694€1.30M€750k

The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2027, expected by 31-10-2027
2026
08-09
NBB filing Annual accounts filed
fiscal year 2026 · full schema
2025
09-09
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2024
12-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2023
30-10
NBB filing Annual accounts filed
fiscal year 2023 · full schema
31-03
Financial Back to profitnet €441k
Net result €441k after one loss-making year.
2022
15-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Weakest financial yearnet €-90k ▼117%
Net result drops to €-90k, the lowest in the series; recovery starts the following year.
31-05
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
20-05
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Highest result since 2018net €950k ▲67.8%
Operating result €1.07M, net result €950k, both a record.
06-05
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
20-04
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
16-05
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
17 acts for this company are 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, Wavre · 1 establishment unit since 2011
establishment approximate The establishment unit on the map
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.

Chaussée de Huy 1201300 Wavre
Ground area
2,784 m²
Building footprint
249 m²
Volume, LiDAR
1,499 m³
Parcel 25772H0095/00B004, Wallonia · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée de Huy 120, 1300 Wavre
Production of electricity from non-renewable sources
since 20112.200.764.110
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25772H0095/00B004 Wallonia 2,784 m² 1 · 249 m² 9.0 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.

Similar companies · same sector, comparable size

Of 816 companies in sector 35110 we hold annual accounts for 632. 341 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded21-06-2011
Fiscal year end31-03
Activities, NACEBEL
35110Production of electricity from non-renewable sources
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
E-mail:EWBCorporate@eneco.com
Enterprise