Financials
- Financial year
- 2025
- Total assets
- €3.7m
- Loss
- -€500,881
- Solvency
- 7.3%
Total assets▲ 9.7%
Net result
20182025
SOLAR ASSISTANCE
ActiveSummary
The computed 12-month bankruptcy probability of SOLAR ASSISTANCE is 2.1% (moderate). The annual accounts of SOLAR ASSISTANCE for financial year 2025 show a net loss of 65% of the equity at the start of that year. The 2025 annual accounts show equity of €270,959 and a net result of -€500,881. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 10% of 9,760 sector peers (NACE 43, financial year 2025). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
General electrical installation work
NACE 43211
8th largest employer in Lummen, Construction sector1 site
Size
€3.7mtotal assets 2025
- Staff
- 14.6 FTE
- Equity
- €270,959
- Loss
- -€500,881
Turnover not published (abbreviated format)Equity -65%: merger
Structure
- Parent
- Solarman · 100%
- D-Management GroupDirector · permanent representative DONNÉ Jürgen
- SolarmanDirector · permanent representative LAI Emanuele Junior
- DManagement GroupDirector
Accounts filed 31 days late3 of 13 deeds read
Why 51raises riskLoss of €500,881 (financial year 2025)Equity €270,959 (7.3% of total assets)Sector: Specialised construction activities (NACE 43)lowers riskFigures for financial year 2025 (filed 31-08-2026)Show the evidence
Checked score
Score 2025
51
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 10% of its sector peers (NACE 43, small)
Financial strength · tick = 2024
Weak
Solvency
32-16
equity 7.3% of total assets
Liquidity
30-31
short-term debt 59.0% · cash 8.3%
Profitability
2-75
return on assets -13.5%
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.7%
12-2024: 0.7%● unchanged vs 11-2024
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.8%▲ +0.1 percentage points vs 02-2025
04-2025: 0.8%● unchanged vs 03-2025
05-2025: 0.8%● unchanged vs 04-2025
06-2025: 0.9%▲ +0.1 percentage points vs 05-2025
07-2025: 0.1%▼ -0.8 percentage points vs 06-2025lowest value
08-2025: 0.1%● unchanged vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026lowest value
03-2026: 0.2%▲ +0.1 percentage points vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.3%▲ +0.1 percentage points vs 06-2026
08-2026: 0.6%▲ +0.3 percentage points vs 07-2026
09-2026: 2.1%▲ +1.5 percentage points vs 08-2026highest value
10-2026: 2.1%● unchanged vs 09-2026highest value
Credit of up to €13,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.32, compared with 1.97 in 2024, below the usual 1.5; short-term debt: 59% and cash: 8.3% of total assets), and 92.7% 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 43, small): better than 8% on solvency, 23% on liquidity, 4% on profitability and 4% on growth.
The bankruptcy probability was computed on 21-10-2026 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.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 9760 sector peers (2025).
NBB · sector comparisonPosition among 9760 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
35 days early
2023
9 days late
2022
22 days late
2021
25 days late
2020
75 days late
2019
4 days early
← 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 18 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 (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
22-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Weakest financial yearnet -€500,881
- Annual accounts filedfinancial year 2024 · abbreviated…
Key points
- Caution: From profit to loss in 2025after €219,066 in 2024 -€500,881 View
- Caution: Among the weakest 5% on net resultsector median €27,224 · 9,752 companies -€500,881 View
- Controlled by Solarman 100% View
- Merger with MOBILE DATA SERVICES BVmerger on 13-01-2025 2025 View
- Flemish supportawarded from 2024 to 2025 €63,232 View
By topic
Board & ownership
- Board
- 3 members
- Parent
- Solarman · 100%
- D-Management GroupDirector
- SolarmanDirector
- DManagement GroupDirector
Network & group
- Mergers and asset contributions
- 1
Timeline
- Events
- 19
- Since
- 2014
- Next accounts
- by 31-07-2027
- 13-01-2025Restructuring
- 31-12-2024Highest result from 2018 to 2025
- 25-11-2024Restructuring · Miscellaneous
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 29-06-2012
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 14
- Who signs
- Each director alone
- Purpose
- “Het ontwerpen,de montage en het onderhoud van geautomatiseerde fabrieken,bestaande uit…” (deed in Dutch)
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check
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.