Solar Collective
ActiveSolar Collective has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13k and a net result of €12k. Its solvency ranks better than 22% of 1991 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability80
Solvency35
Growth-
Track record67
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.84; short-term debt: 24.9% and cash: 8.3% of total assets), and 90.3% 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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
9.7%
Return on assets
9%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 1991 sector peers (2025).
NBB · sector comparisonPosition among 1991 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-11-2025, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2025
24 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€13k
Total assets
€134k
Net result
€12k
Working capital
€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €134k
Fixed assets
€106k
Current assets
€28k
Equity and liabilities €134k
Equity
€13k
Debt
€121k
Debt finances 90.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€23k
Cash flow
€16k
Solvency
9.7%
Current ratio
0.84
Quick ratio
0.84
Debt / equity
9.26
ROE
92.3%
ROA
9.0%
Interest coverage
75.53
Debt
€121k
Debt ≤ 1 year
€33k
Debt > 1 year
€87k
Income taxes
€6k
Staff costs
€17k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€134k
Fixed assets21/28€106k
Tangible fixed assets22/27€106k
Plant, machinery and equipment23€54k
Furniture and vehicles24€51k
Financial fixed assets28€135
Current assets29/58€28k
Amounts receivable within one year40/41€16k
Trade receivables40€12k
Other amounts receivable41€4k
Cash at bank and in hand54/58€11k
Deferred charges and accrued income490/1€952
Equity and liabilities
Total equity and liabilities10/49€134k
Equity10/15€13k
Contributions10/11€1k
Reserves13€12k
Distributable reserves133€12k
Amounts payable17/49€121k
Amounts payable after more than one year17€87k
Financial debts170/4€87k
Amounts payable within one year42/48€33k
Trade debts44€25k
Suppliers440/4€25k
Taxes, remuneration and social security45€6k
Taxes450/3€6k
Other amounts payable47/48€2k
Income statement
Code2025
Remuneration, social security and pensions62€17k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k
Other operating charges640/8€218
Gross operating margin9900€39k
Operating profit (loss)9901€18k
Financial income75/76B€25
Recurring financial income75€25
Financial charges65/66B€298
Recurring financial charges65€298
Profit (loss) for the period before taxes9903€18k
Income taxes67/77€6k
Profit (loss) for the period9904€12k
Profit (loss) for the period to be appropriated9905€12k
Appropriation of the result
Profit (loss) to be appropriated9906€12k
Transfer to equity691/2€12k
To other reserves6921€12k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Hove · 1 establishment unit since 2024
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.
Diepestraat 202540 HoveGround area
2,433 m²
Building footprint
339 m²
Volume, LiDAR
1,834 m³
Parcel 11021B0217/00A000, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Solar Collective
since 20242.358.601.124
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11021B0217/00A000 | Flanders | 2,433 m² | 1 · 339 m² | 10.2 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,254 EUR awarded · 627 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,254 EUR | 627 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Bad Taste
BE 0786.227.065
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Sophora
BE 0795.580.736
Staden · Eq €13k
SPACEMAKERS
BE 1005.853.079
Zwevegem · Eq €12k
KaLotex
BE 0804.351.021
Boechout · Eq €14k
Revelation Theatrical
BE 0805.862.835
Sint-Lambrechts-Woluwe · Eq €12k
Of 671 companies in sector 90392 we hold annual accounts for 206. 132 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-03-2024
Fiscal year end31-03
Activities, NACEBEL
90022Arts creation and performing arts activities
90392Design and construction of stages and sets
74103Other professional, scientific and technical activities
74120Graphic design and visual communication
77222Rental and leasing activities
77229Renting and leasing of other personal and household goods
77299Rental and leasing activities
90021Arts creation and performing arts activities
90391Promotion and organisation of arts and performing arts events
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.solarcollective.be
E-mail:support@solarcollective.be