SOLAR GROUP
A bankruptcy procedure is open for SOLAR GROUP according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €112k and a net result of €136k.
| Equity | €112k |
| Net result | €136k |
| Staff (FTE) | 1.5 |
| Better than sector | 60% |
Mixed profile: strong on profitability, weaker on stability.
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 23.4% | 19.1% | |
| Net result | €136k | €31k | |
| Equity | €112k | €76k | |
| Gross operating margin | €246k | €189k | |
| Staff costs | €37k | €271k |
| Fiscal year | 2022 |
|---|---|
| Revenue | — |
| EBITDA | €208k |
| Net profit | €136k |
| Cash flow | €138k |
| Staff costs | €37k |
| Income taxes | €68k |
| Dividends | €40k |
| Total assets | €477k |
| Equity | €112k |
| Debt | €366k |
| of which ≤ 1y | €366k |
| of which > 1y | — |
| Working capital | €80k |
| Employees (FTE) | 1.5 |
| 2022 | |
|---|---|
| Current ratio | 1.22 |
| Quick ratio | 0.77 |
| Working capital ratio | 16.8% |
| Solvency | 23.4% |
| Debt / equity | 3.27 |
| Long-term debt ratio | — |
| Interest coverage | 48.12 |
| Gross margin | — |
| Net margin | — |
| ROA | 28.6% |
| ROE | 122.1% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €477k |
| Fixed assets | 21/28 | €31k |
| Intangible fixed assets | 21 | €14k |
| Tangible fixed assets | 22/27 | €5k |
| Financial fixed assets | 28 | €13k |
| Current assets | 29/58 | €446k |
| Stocks & contracts in progress | 3 | €165k |
| Amounts receivable within one year | 40/41 | €251k |
| Cash & bank | 54/58 | €31k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €477k |
| Equity | 10/15 | €112k |
| Contributions / capital | 10/11 | €2k |
| Reserves | 13 | €95k |
| Accumulated profits (losses) | 14 | €15k |
| Amounts payable | 17/49 | €366k |
| Amounts payable within one year | 42/48 | €366k |
| Trade debts payable within one year | 44 | €209k |
| Income statement | ||
| Gross operating margin | 9900 | €246k |
| Operating result | 9901 | €207k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €4k |
| Result before taxes | 9903 | €204k |
| Income taxes | 67/77 | €68k |
| Net result for the period | 9904 | €136k |
| Result to be appropriated | 9905 | €136k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | TOM ARTS JAARBEURSLAAN 19/31, 3600 GENK- |
13-06-2024 → present | Belgian State Gazette |
| Curator | GEERT RENIERS JAARBEURSLAAN 19/31,
3600 GENK |
13-06-2024 → present | Belgian State Gazette |
| Curator | ILONA LO GIUDICE JAAR-
BEURSLAAN 19/31, 3600 GENK |
13-06-2024 → present | Belgian State Gazette |
| NACE primary | Specialised construction(43222) |
| Legal form | Private limited company(610) |
| Incorporation | 05-10-2018 |
| Status | Active |
| Postal code | — |
| First BS signal | 19-06-2024 |
| Latest BS signal | 19-06-2024 |
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. |
|---|---|---|---|---|
| 62814C0393/00V002 | Wallonia | 4,768 m² | — | — |
| 71323C0286/00F002 | Flanders | 3,766 m² | 1 · 984 m² | 21.6 m · 2 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
29-09-2023 Registered office moved from Zaventem to Hasselt
- Imperiastraat 8, 1930 Zaventem → Koning Boudewijlaan 20A, 3500 Hasselt
Technical details
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"act_meta": {
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"pub_date": "2023-09-29",
"filing_date": "2023-09-21",
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},
"co_filed_documents": [
"PV vanaf 21 juin"
]
}08-07-2022 AYHAN Sercan appointed as director
- AYHAN Sercan — Bestuurder
Technical details
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"firm_city": null,
"firm_name": "G\u00E9rard INDEKEU - Dimitri CLEENEWERCK de CRAYENCOUR",
"office_city": "Brussel",
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"co_filed_documents": [
"gelijkvormige uitgifte van de akte",
"geco\u00F6rdineerde statuten"
],
"corrected_publication_numac": null
}11-02-2022 Transaction in capital or shares
Technical details
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"underlying_resolution_date": "2021-12-23"
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | SOLAR GROUP |