SOLAR SL

Active

Private limited companyfounded 20223 yrs activeKBO/BCE: BE 0793.280.153

Summary

The computed 12-month bankruptcy probability of SOLAR SL is 5.8% (elevated). 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).

Risk analysisWatch Report Compare

SOLAR SLActiveChecked score 35/100

Risk analysis Report Compare

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)

Financially healthy?

35 Weak Checked score 2024

Bankruptcy chance 12 m: 5.8%

Who decides

Accounts 63 d overdue0 of 2 deeds read

Why 35- Limited track record- Recent warning signals- Ex-officio strike-off- Annual accounts: weaker financial profile- Higher-failure-rate sector- Administrative warnings in the KBO publicationsFiled after the deadlineShow the evidence

Checked score

Score 2024

35 / 100

Weak

Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability57▲+24

Solvency45▲+13

Growth78

Track record86

Bankruptcy probability, 12 months

5.8% Elevated

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

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.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Recent warning signals

The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.

Belgian State Gazette

Ex-officio strike-off

The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.

KBO publications

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 2024

Solvency, return and age of the figures

Solvency

19.5%

Return on assets

7.8%

Age of the figures

21 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Wholesale trade (NACE 46)

about 21% more bankruptcies

← fewer bankruptcies more bankruptcies →

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 filings

Deviation 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.

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 publications

Publications

Address struck