Financials
- Fiscal year
- 2025
- Total assets
- €200,357
- Loss
- -€68,898
- Solvency
- 25.8%
Total assets▼ 33.2%
Net result
20212025
SOLAR DAK
ActiveSummary
The computed 12-month bankruptcy probability of SOLAR DAK is 2.1% (moderate). The 2025 annual accounts show equity of €51,736 and a net result of -€68,898. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 27% of 33926 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Roofing work
NACE 43410Bricklaying and masonry work NACE 43910
1 site
Size
€200,357total assets 2025
- Staff
- 2 FTE
- Equity
- €51,736
- Loss
- -€68,898
Turnover not published (abridged schema)
Structure
Accounts filed 29 d late0 of 2 deeds read
Why 51- Sector Specialised construction activities (NACE 43)- Liquidity: current ratio 0.87, cash €2,491, halved- Founded in 2020- Loss of €68,898 (FY 2025)Show the evidence
Checked score
Score 2025
51
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 12% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
51-31
equity 25.8% of total assets
Liquidity
21-19
short-term debt 58.6% · cash 1.2%
Profitability
0-66
return on assets -34.4%
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: 1.8%
12-2024: 1.8%● 0.0% vs 11-2024
01-2025: 1.8%● 0.0% vs 12-2024
02-2025: 1.8%● 0.0% vs 01-2025
03-2025: 1.8%● 0.0% vs 02-2025
04-2025: 2.3%▲ +30.5% vs 03-2025
05-2025: 3.0%▲ +26.6% vs 04-2025
06-2025: 3.1%▲ +4.0% vs 05-2025
07-2025: 3.0%▼ -1.5% vs 06-2025
08-2025: 3.8%▲ +23.5% vs 07-2025highest value
09-2025: 2.2%▼ -41.9% vs 08-2025
10-2025: 2.2%● 0.0% vs 09-2025
11-2025: 2.1%▼ -2.4% vs 10-2025
12-2025: 2.2%▲ +1.8% vs 11-2025
01-2026: 2.1%▼ -0.7% vs 12-2025
02-2026: 2.1%▼ -1.1% vs 01-2026
03-2026: 2.0%▼ -5.0% vs 02-2026
04-2026: 1.2%▼ -39.8% vs 03-2026lowest value
05-2026: 1.2%▲ +2.5% vs 04-2026
06-2026: 1.2%▼ -0.6% vs 05-2026
07-2026: 1.3%▲ +4.8% vs 06-2026
08-2026: 1.7%▲ +30.6% vs 07-2026
09-2026: 2.1%▲ +23.1% vs 08-2026
10-2026: 2.1%● 0.0% vs 09-2026
- Sector Specialised construction activities (NACE 43) raises the probability
- Liquidity: current ratio 0.87, cash €2,491, halved raises the probability
- Founded in 2020 raises the probability for this profile
- Loss of €68,898 (FY 2025) raises the probability
Credit up to €2,500 at 30 days acceptable
Liquidity short (current ratio 0.87 against 2.12 in 2024; short-term debt: 58.6% and cash: 1.2% of total assets), and 74.2% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 27%, liquidity 12%, profitability 4%, growth against the median 6%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 5 filingsDeviation from the deadline
2025
29 d late
2024
25 d late
2023
29 d late
2022
59 d early
2021
62 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 25 August (4 of the last 5 filed years within 84 days of that day).
Companies Code · seven monthsPosition in the running window
05-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet -€68,898
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 8
- Since
- 2022
- Next accounts
- by 31-07-2027
- 29-08-2026Annual accounts filed
- 31-12-2025Weakest financial year
- 25-08-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Roofing workNACE 43410
- Founded
- 27-11-2020
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
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