SOLAR-CO
The computed 12-month bankruptcy probability of SOLAR-CO is 2.5% (moderate). The 2024 annual accounts show equity of €39k and a net result of €36k. Its solvency ranks better than 26% of 1972 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €39k |
| Net result | €36k |
| Better than sector | 26% |
| Active | 2 yrs |
Mixed profile: strong on profitability, weaker on solvency.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 16.0% | 36.6% | |
| Net result | €36k | €10k | |
| Equity | €39k | €29k | |
| Gross operating margin | €113k | €39k | |
| Staff costs | €4k | €35k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €101k |
| Net profit | €36k |
| Cash flow | €81k |
| Staff costs | €4k |
| Income taxes | €7k |
| Dividends | - |
| Total assets | €242k |
| Equity | €39k |
| Debt | €203k |
| of which ≤ 1y | €73k |
| of which > 1y | €130k |
| Working capital | €-14k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.81 |
| Quick ratio | 0.81 |
| Working capital ratio | -5.9% |
| Solvency | 16.0% |
| Debt / equity | 5.25 |
| Long-term debt ratio | 3.35 |
| Interest coverage | 8.01 |
| Gross margin | - |
| Net margin | - |
| ROA | 14.8% |
| ROE | 92.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €242k |
| Fixed assets | 21/28 | €183k |
| Intangible fixed assets | 21 | €25k |
| Tangible fixed assets | 22/27 | €158k |
| Current assets | 29/58 | €59k |
| Amounts receivable within one year | 40/41 | €41k |
| Cash & bank | 54/58 | €19k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €242k |
| Equity | 10/15 | €39k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €36k |
| Amounts payable | 17/49 | €203k |
| Amounts payable after one year | 17 | €130k |
| Amounts payable within one year | 42/48 | €73k |
| Trade debts payable within one year | 44 | €177 |
| Income statement | ||
| Gross operating margin | 9900 | €113k |
| Operating result | 9901 | €56k |
| Financial charges | 65 | €13k |
| Result before taxes | 9903 | €43k |
| Income taxes | 67/77 | €7k |
| Net result for the period | 9904 | €36k |
| Result to be appropriated | 9905 | €36k |
| NACE primary | Cleaning & landscape services(81220) |
| Legal form | Private limited company(610) |
| Incorporation | 07-09-2023 |
| Status | Active |
| Postal code | 3945 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71046B0801/00F002 | Flanders | 5,927 m² | 1 · 2,261 m² | 14.6 m |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
14-01-2025 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": true,
"seat_change": false,
"object_change": true,
"effective_date": "2024-12-23",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0805.554.118",
"name_full": "SOLARCO CLEANING",
"legal_form": "BV"
},
"signature_regime": null,
"special_mandates": [
{
"quote": "De heer Vandervoort Hendrik, handelend als bestuurder van onderhavige vennootschap, heeft verklaard volmacht te verlenen, met mogelijkheid van indeplaatsstelling aan de besloten vennootschap \u201CEmendo\u201D, te 2950 Kapellen, Antwerpsesteenweg 69, ondernemingsnummer 0464.144.604 RPR Antwerpen afdeling Antwerpen, om namens en voor rekening van de vennootschap, naar aanleiding van de bij deze vergadering genomen besluiten, door bemiddeling van een erkend ondernemingsloket naar keuze, alle wettelijke administratieve formaliteiten te laten uitvoeren voor het actualiseren van de in de Kruispuntbank van Ondernemingen geregistreerde identificatiegegevens, alsook bij de diensten van de Belasting over de Toegevoegde Waarde.",
"holder_kbo": "0464.144.604",
"holder_name": "Emendo",
"scope_categories": [
"KBO",
"administrative_formalities",
"tax"
],
"with_substitution": true
}
],
"governance_change": {
"admin_delegated_added": []
}
}11-09-2023 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "2200 Herentals, Diamantstraat 8 bus 327",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "2002-08-19",
"name": "Vandervoort, Hendrik Richard Eugeen",
"niss": null,
"address": "3583 Beringen (Paal), Kreniststraat 14"
},
"share_class": null,
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1500,
"holder_person_name": "Vandervoort, Hendrik Richard Eugeen",
"is_subscriber_only": false,
"n_shares_subscribed": null,
"amount_subscribed_eur": 1500,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "2001-03-08",
"name": "Vermeulen, Sander",
"niss": null,
"address": "2222 Heist-op-den-Berg (Wiekevorst), Itegemseweg 11"
},
"share_class": null,
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1500,
"holder_person_name": "Vermeulen, Sander",
"is_subscriber_only": false,
"n_shares_subscribed": null,
"amount_subscribed_eur": 1500,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 3000,
"subject_company": {
"kbo": "0805.554.118",
"name_full": "Solarco Cleaning",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2023-09-05",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | SOLAR-CO |