Financials
- Fiscal year
- 2024
- Total assets
- €425,617
- Profit
- €201,694
- Solvency
- 51.8%
Total assets▼ 67.3%
Net result
20192024
SOLAR SYSTEM TECHNOLOGY
ActiveSummary
SOLAR SYSTEM TECHNOLOGY has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €220,294 and a net result of €201,694. Equity is growing by ~34.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.4% (low).
Overview
Activity
Activity not known1 site
Size
€425,617total assets 2024
- Equity
- €220,294
- Profit
- €201,694
Structure
- Holdings
- 1
Accounts 31 d early0 of 1 deed read
Why 63- Figures for FY 2024 (filed 27-08-2025)- Profit of €201,694 (FY 2024)- Liquidity: current ratio 1.09, cash €2,235+ Size: total assets €425,617Show the evidence
Checked score
Score 2024
63
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 39% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
77-23
equity 51.8% of total assets
Liquidity
27-23
short-term debt 48.2% · cash 0.5%
Profitability
100=
return on assets 47.4%
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 12 months
11-2025: 0.4%
12-2025: 0.4%● 0.0% vs 11-2025
01-2026: 0.4%▲ +2.3% vs 12-2025
02-2026: 0.4%▼ -6.9% vs 01-2026
03-2026: 0.4%▼ -0.8% vs 02-2026
04-2026: 0.4%▼ -2.9% vs 03-2026lowest value
05-2026: 0.4%▲ +6.3% vs 04-2026
06-2026: 0.4%▲ +7.5% vs 05-2026
07-2026: 0.4%▲ +4.8% vs 06-2026
08-2026: 0.5%▲ +13.5% vs 07-2026
09-2026: 0.6%▲ +28.9% vs 08-2026
10-2026: 1.4%▲ +126% vs 09-2026highest value
- Size: total assets €425,617 lowers the probability for this profile
- Figures for FY 2024 (filed 27-08-2025) raises the probability
- Profit of €201,694 (FY 2024) raises the probability
- Liquidity: current ratio 1.09, cash €2,235 raises the probability
Credit up to €13,000 at 30 days acceptable
Liquidity tight (current ratio 1.09; short-term debt: 48.2% and cash: 0.5% of total assets), and 48.2% 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 (no NACE code, micro). Better than this share of them on solvency 45%, liquidity 15%, profitability 90%, growth against the median 5%. 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
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
31 d early
2024
27 d late
2023
26 d late
2022
29 d late
2021
102 d early
2020
37 d early
2019
33 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 8 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 27 August (4 of the last 5 filed years within 58 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · full…
- Annual accounts filedfiscal year 2023 · full…
Key points
By topic
Network & group
- Holdings
- 1
1 holding
Timeline
- Events
- 12
- Since
- 2020
- Next accounts
- by 31-07-2027
- 30-06-2026Annual accounts filed
- 27-08-2025Annual accounts filed
- 26-08-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Founded
- 14-06-2018
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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