Financials
- Fiscal year
- 2024
- Total assets
- €41,840
- Profit
- €3,255
- Solvency
- 19.5%
Total assets▼ 38.6%
Net result
20232024
SOLAR SL
ActiveSummary
The computed 12-month bankruptcy probability of SOLAR SL is 20.6% (high). The 2024 annual accounts show equity of €8,162 and a net result of €3,255. Its solvency ranks better than 35% of 15861 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Overview
What they do
Agents in the wholesale of industrial machinery, ships and aircraft
NACE 46140
1 site
How big
€41,840total assets 2024
- Equity
- €8,162
- Profit
- €3,255
Turnover not published (abridged schema)
Who decides
Accounts 63 d overdue0 of 2 deeds read
Why 15- 1 change of registered office in 24 months- 1 financial year not filed after the legal deadline; latest accounts 67 days late; 2 of the last 3 late- Ex-officio strike-off in the KBO- Figures for FY 2024 (filed 09-10-2025)Show the evidence
Checked score
Score 2024
15
/ 100
Critical
Probability in this band: over 15.0%
Better than 43% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
45+13
equity 19.5% of total assets
Liquidity
6+6
short-term debt 80.5% · cash 0.1%
Profitability
57+24
return on assets 7.8%
Bankruptcy probability, 12 months
20.6%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 5 comparable companies go bankrupt within 12 months (an estimate).
- 1 change of registered office in 24 months raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 67 days late; 2 of the last 3 late raises the probability
- Ex-officio strike-off in the KBO raises the probability
- Figures for FY 2024 (filed 09-10-2025) raises the probability
No credit on open account
Liquidity tight (current ratio 1.24 against 1.08 in 2023; short-term debt: 80.5% and cash: 0.1% of total assets), and 80.5% 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 46, micro). Better than this share of them on solvency 31%, liquidity 8%, profitability 43%, growth against the median 90%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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.
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Signals
Six 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 31-12-2024 was due by 31-07-2025 and was filed on 06-10-2025, 67 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
67 d late
2023
83 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 75 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
- Address struckKBO administration
- Annual accounts filedfiscal year 2024 · micro…
- Back to profitnet €3,255
Key points
By topic
Timeline
- Events
- 4
- Since
- 2024
- 23-02-2026Address struck
- 06-10-2025Annual accounts filed
- 31-12-2024Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Agents in the wholesale of industrial machinery, ships…NACE 46140
- Founded
- 04-11-2022
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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