Skip to content

SOLAR 21

Active
Private limited companyfounded 2017active for 9 yearsRue Julien-D'Andrimont 11, 4000 Liège, BelgiumKBO/BCE: BE 0668.802.330
Summary

The computed 12-month bankruptcy probability of SOLAR 21 is 4.2% (elevated). The 2026 annual accounts show negative equity (-€170,107) and a net result of -€74,126. Equity is shrinking by about 39% per year across the filed financial years. Its solvency ranks better than 5% of 53 sector peers (NACE 41, financial year 2026). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€69,601total assets 2026
Equity
-€170,107
Loss
-€74,126
Financial health
46 Fair Checked score 2026
Bankruptcy probabilitywithin 12 months
4.2%
Structure
Largest shareholder
DARLIV INTERNATIONAL · 33.33%
Accounts 121 days early1 of 8 deeds read
Why 46raises riskNegative equity -€170,107Loss of €74,126, the second in a row (financial year 2026)1 change of registered office in 24 monthsSector: Construction of residential and non-residential buildings (NACE 41)Show the evidence

Checked score

Score 2026
46 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 9% of its sector peers (NACE 41, micro)
Financial strength · tick = 2025
Weak
Solvency 0-4
equity -244.4% of total assets
Liquidity 27-23
short-term debt 344.4% · cash 21.3%
Profitability 0=
return on assets -106.5%
Bankruptcy probability, 12 months
4.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,398 companies, NACE 41, micro)
Last 24 months 11-2024: 1.8% 12-2024: 2.0%▲ +0.2 percentage points vs 11-2024 01-2025: 2.7%▲ +0.7 percentage points vs 12-2024 02-2025: 0.8%▼ -1.9 percentage points vs 01-2025 03-2025: 0.7%▼ -0.1 percentage points vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.6%▼ -0.1 percentage points vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025lowest value 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.7%▲ +0.1 percentage points vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.9%▲ +0.2 percentage points vs 12-2025 02-2026: 1.2%▲ +0.3 percentage points vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.2%● unchanged vs 05-2026 07-2026: 1.0%▼ -0.2 percentage points vs 06-2026 08-2026: 2.2%▲ +1.2 percentage points vs 07-2026 09-2026: 2.2%● unchanged vs 08-2026 10-2026: 4.2%▲ +2.0 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.29, compared with 0.83 in 2025; short-term debt: 344.4% and cash: 21.3% of total assets), and equity is negative.
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 41, micro): better than 3% on solvency, 22% on liquidity, 5% on profitability and 7% on growth.

The bankruptcy probability was computed on 11-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
raises riskneutral
raises risk · Negative equity -€170,107
NBB · annual accounts
raises risk · Loss of €74,126, the second in a row (financial year 2026)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Negative equity
The 2026 annual accounts show negative equity and a net loss.
NBB · annual accounts 2026
Equity per financial year
1819202122242526
2018 to 2026 · latest year -€170,107
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 02-10-2026, 121 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2026
121 days early
2025
16 days early
2024
25 days early
2022
73 days early
2021
11 days early
2020
30 days late
2019
48 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 24 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-06-2027 and is due by 31-01-2028. Nothing is late today. The company usually files around 6 January (3 of the last 3 filed years within 96 days of that day).
Companies Code · seven months
Where today falls in the filing period
11-10-2026 today30-06-2027 year end31-01-2028 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · abbreviated…
  2. Registered officeRegistered-office move
  3. Annual accounts filedfinancial year 2025 · full…

Key points

  • Risk: Negative equityfinancial year 2026: debts exceed assets -€170,107 View
  • Caution: Equity fell in 2026from -€95,981 to -€170,107 ▼ 77.2% View
  • Caution: Among the weakest 5% on solvencysector median 49.9% · 53 companies -244.4% View
  • Caution: 2 loss-making years in a rowloss financial year 2026 -€74,126 View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

By topic

Financials

Financial year
2026
Total assets
€69,601
Loss
-€74,126
Solvency
-244.4%
Total assets▼ 84.7%
Net result
20182026
Go to Financials

Timeline

Events
13
Since
2018
Next accounts
by 31-01-2028
  1. 30-06-2025Weakest financial year
  2. 06-01-2025Annual accounts filed
  3. 30-06-2024Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
06-01-2017
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.