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SOLAR SOLUTION SAV

Active
Private limited companyfounded 20241 yr activeChemin Corbisier 2, 7060 Soignies, BelgiumKBO/BCE: BE 1015.488.644
Summary

The computed 12-month bankruptcy probability of SOLAR SOLUTION SAV is 3.0% (moderate). The 2025 annual accounts show negative equity (-€1,609) and a net result of -€11,609. Its solvency ranks better than 8% of 28184 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability0
Solvency14
Growth-
Track record67
Bankruptcy probability, 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.73; short-term debt: 111.4% and cash: 4.5% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
-11.4%
Return on assets
-82.6%
Age of the figures
9 mo
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 filing
Deviation from the deadline
2025
27 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SOLAR SOLUTION SAV was incorporated on 23 October 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€1,609
Total assets
€14,058
Net result
-€11,609
Working capital
-€4,178

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €14,058
Fixed assets €2,569
Current assets €11,489
Key figures and ratios
2025 value
EBITDA
-€11,323
Cash flow
-€11,534
Solvency
-11.4%
Current ratio
0.73
Debt to equity
-9.74
ROA
-82.6%
Interest coverage
-53.66
Debt
€15,667
Debt ≤ 1 year
€15,667

Peer companies

Historical observation

Of the 1,323 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
3.6% went bankrupt
5.6% stopped otherwise
90% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,323 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 31 lines
Balance sheet Code2025
Assets
Total assets20/58€14,058
Fixed assets21/28€2,569
Tangible fixed assets22/27€2,569
Furniture and vehicles24€2,569
Current assets29/58€11,489
Amounts receivable within one year40/41€10,856
Trade receivables40€3,758
Other amounts receivable41€7,098
Cash at bank and in hand54/58€633
Equity and liabilities
Total equity and liabilities10/49€14,058
Equity10/15-€1,609
Contributions10/11€10,000
Profit (loss) carried forward14-€11,609
Amounts payable17/49€15,667
Amounts payable within one year42/48€15,667
Trade debts44€10,198
Suppliers440/4€10,198
Taxes, remuneration and social security45€5,469
Taxes450/3€5,469
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€75
Other operating charges640/8€787
Gross operating margin9900-€10,536
Operating profit (loss)9901-€11,399
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€211
Recurring financial charges65€211
Profit (loss) for the period before taxes9903-€11,609
Profit (loss) for the period9904-€11,609
Profit (loss) for the period to be appropriated9905-€11,609
Appropriation of the result
Profit (loss) to be appropriated9906-€11,609

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€75
Other operating charges640/8€787
Gross operating margin9900-€10,536
Operating profit (loss)9901-€11,399
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€211
Recurring financial charges65€211
Profit (loss) for the period before taxes9903-€11,609
Profit (loss) for the period9904-€11,609
Profit (loss) for the period to be appropriated9905-€11,609
Line2025
Assets
Total assets20/58€14,058
Fixed assets21/28€2,569
Tangible fixed assets22/27€2,569
Furniture and vehicles24€2,569
Current assets29/58€11,489
Amounts receivable within one year40/41€10,856
Trade receivables40€3,758
Other amounts receivable41€7,098
Cash at bank and in hand54/58€633
Equity and liabilities
Total equity and liabilities10/49€14,058
Equity10/15-€1,609
Contributions10/11€10,000
Profit (loss) carried forward14-€11,609
Amounts payable17/49€15,667
Amounts payable within one year42/48€15,667
Trade debts44€10,198
Suppliers440/4€10,198
Taxes, remuneration and social security45€5,469
Taxes450/3€5,469
Line2025
Profit (loss) for the period9904-€11,609
+ Depreciation and write-downs630€75
Operating cash flow (approximation)-€11,534

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
27-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Soignies · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
2,286 m²
Building footprint
566 m²
Volume, LiDAR
2,898 m³
Parcel 55040A0654/00F000, Wallonia · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
SOLAR SOLUTION SAV
Chemin Corbisier 2, 7060 SoigniesManufacture of electrical equipment
since 20242.366.714.381
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55040A0654/00F000 Wallonia 2,286 m² 1 · 566 m² 7.3 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 22,831 companies in sector 43211 we hold annual accounts for 10,329. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded23-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
28250Manufacture of machinery and equipment not elsewhere classified
Contact
E-mail oliviermanibal@hotmail.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:1015488644
Also 9925:BE1015488644
Registered 02-09-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.