SOLAR CITY WALLONIE
ActiveSummary
SOLAR CITY WALLONIE has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.94M and a net result of €177k. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 86% of 435 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▼-3
Solvency100=
Growth38▼-23
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 3.65 against 3.6 in 2024; short-term debt: 13.7% and cash: 9.8% of total assets), and 15.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← 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 2025Solvency, return and age of the figures
Solvency
84.3%
Return on assets
7.7%
Age of the figures
16 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 26-12-2025, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
5 d early
2024
21 d early
2023
23 d early
2022
22 d early
2021
25 d early
2020
23 d early
2019
36 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close24-09-2026 today31-12-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
€104k▼ 22.7%
2024 · €134k
2021: €142k
2022: €139k
2023: €143k
2024: €134k
2021 → 2025
EBIT margin
243.0%▼ 44.9pp
2024 · 287.9%
2021: 221.8%
2022: 234.8%
2023: 162.5%
2024: 287.9%
2021 → 2025
Net result
€177k▼ 34.0%
2024 · €269k
2021: €189k
2022: €214k
2023: €154k
2024: €269k
2021 → 2025
Working capital
€837k▲ 27.3%
2024 · €657k
2021: €-110k
2022: €43k
2023: €430k
2024: €657k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€142k-€139k▼ 2.0%€143k▲ 2.6%€134k▼ 6.2%€104k▼ 22.7%
Equity€1.18M-€1.38M▲ 17.1%€1.52M▲ 10.2%€1.77M▲ 16.8%€1.94M▲ 9.2%
Operating result€316k-€327k▲ 3.7%€233k▼ 29.0%€387k▲ 66.2%€252k▼ 34.8%
Net result€189k-€214k▲ 13.2%€154k▼ 28.3%€269k▲ 74.9%€177k▼ 34.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 35% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.30M
Fixed assets
€1.15M ▼ 10.6%
Current assets
€1.15M ▲ 26.6%
Equity and liabilities €2.30M
Equity
€1.94M ▲ 9.2%
Debt
€361k ▼ 13.6%
Debt's share of the balance-sheet total falls from 19.1% to 15.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€368k▼
2024 · €572k
Cash flow
€294k▼
2024 · €454k
Current ratio
3.65▲
2024 · 3.60
Debt to equity
0.19▼
2024 · 0.24
ROE
9.2%▼
2024 · 15.2%
ROA
7.7%▼
2024 · 12.3%
Interest coverage
44.49▼
2024 · 51.83
Debt ≤ 1 year
€315k▲
2024 · €253k
Debt > 1 year
€46k▼
2024 · €138k
Income taxes
€86k▼
2024 · €120k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.19M€2.30M▲
Fixed assets21/28€1.28M€1.15M▼
Tangible fixed assets22/27€811k€676k▼
Plant, machinery and equipment23€734k€661k▼
Leasing and similar rights25€78k€15k▼
Financial fixed assets28€470k€470k=
Current assets29/58€910k€1.15M▲
Amounts receivable within one year40/41€59k€53k▼
Trade receivables40€57k€53k▼
Other amounts receivable41€2k€188▼
Current investments50/53€462k€862k▲
Cash at bank and in hand54/58€377k€226k▼
Deferred charges and accrued income490/1€12k€12k=
Equity and liabilities
Total equity and liabilities10/49€2.19M€2.30M▲
Equity10/15€1.77M€1.94M▲
Contributions10/11€226k€226k=
Reserves13€1.09M€1.25M▲
Non-distributable reserves130/1€23k€23k=
Reserves not available under the articles1311€23k€23k=
Distributable reserves133€1.06M€1.22M▲
Profit (loss) carried forward14€462k€466k▲
Amounts payable17/49€418k€361k▼
Amounts payable after more than one year17€138k€46k▼
Financial debts170/4€138k€46k▼
Amounts payable within one year42/48€253k€315k▲
Current portion of amounts payable after more than one year42€91k€91k▲
Financial debts43€289€319▲
Credit institutions430/8€289€319▲
Trade debts44€21k€8k▼
Suppliers440/4€21k€8k▼
Taxes, remuneration and social security45€99k€178k▲
Taxes450/3€99k€178k▲
Other amounts payable47/48€41k€38k▼
Accrued charges and deferred income492/3€28k€0▼
Income statement
Code20242025
Turnover70€134k€104k▼
Non-recurring operating income76A-€2k
Goods, raw materials, services and sundry goods60/61€28k€23k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€185k€116k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€23k€-12k▼
Other operating charges640/8-€165
Non-recurring operating charges66A-€12k
Gross operating margin9900€595k€368k▼
Operating profit (loss)9901€387k€252k▼
Financial income75/76B€13k€19k▲
Recurring financial income75€13k€19k▲
Financial charges65/66B€11k€8k▼
Recurring financial charges65€11k€8k▼
Profit (loss) for the period before taxes9903€389k€263k▼
Income taxes67/77€120k€86k▼
Profit (loss) for the period9904€269k€177k▼
Profit (loss) for the period to be appropriated9905€269k€177k▼
Appropriation of the result
Profit (loss) to be appropriated9906€725k€639k▼
Profit (loss) brought forward from the previous period14P€456k€462k▲
Transfer to equity691/2€250k€160k▼
To other reserves6921€250k€160k▼
Profit to be distributed694/7€14k€14k=
Return on contributions (dividend)694€14k€14k=
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
26-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
10-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
31-05
Financial
Highest result since 2021net €269k ▲74.9%
Operating result €387k, net result €269k, both a record.
2023
08-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
31-05
Financial
Weakest financial yearnet €154k ▼28.3%
Net result drops to €154k, the lowest in the series; recovery starts the following year.
31-05
Financial
Liquidity triplescurrent ratio 3.12
Current ratio from 1.10 to 3.12; short-term debt falls from €418k to €203k.
2022
09-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
06-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
08-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
25-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
10-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
07-11
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
5 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, Saint-Ghislain · 1 establishment unit since 2013
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.
Zone art. de la Rivièrette(SG) 97330 Saint-GhislainGround area
7,794 m²
Building footprint
1,079 m²
Parcel 83034A0889/00S003, Wallonia. Linked by address, not a title deed.
1 establishment unit
Marche, Rue du Parc Industriel 15, 6900 Marche-en-Famenne
since 20132.217.233.324
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83034A0889/00S003 | Wallonia | 7,794 m² | 1 · 1,079 m² | - |
Linked by address, not proof of ownership
Methodology
via establishment units: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,187 companies in sector 77399 we hold annual accounts for 710. 390 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded21-12-2012
Fiscal year end31-05
Abbreviation FR
SCW
Activities, NACEBEL 2025
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.