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SOLARBEL

Open bankruptcy
Public limited companyfounded 2001Raymond Vander Bruggenlaan 62/64, 1070 Anderlecht, BelgiumKBO/BCE: BE 0473.900.725

A bankruptcy procedure is open for SOLARBEL according to publications in the Belgian State Gazette; curator: MAARTEN BENTEIN.

Summary

The 2024 annual accounts show negative equity (-€246,950) and a net result of -€16,446.

SOLARBELOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Brussels
Declared bankrupt
28 April 2026
Supervising judge
Xavier Mertens
Official Gazette
05-05-2026 (pdf) ↗search the document for 2026/119409

Deadlines

Provisional date payments stopped
28 April 2026A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 20 May 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 28 May 2026art. XX.104 and XX.155 CEL
First verification report
passed on 3 June 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
28 April 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Maarten BenteinEdmond Tollenaere- Straat 56-76 B23, 1020 Brussel 2- maarten.bentein@modo-law.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Overview

What they do
General construction of residential buildings
NACE 41001
1 site
How big
€56,582turnover 2024
Equity
-€246,950
Loss
-€16,446
Financially healthy?
Open bankruptcy: no score
Who decides
Accounts 335 d overdue0 of 8 deeds read
Signals- Open bankruptcyShow the evidence

Signals

1 signal.
+raises risk
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator. The KBO register also records: open bankruptcy.
Belgian State Gazette
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
  1. OpeningOndernemingsrechtbank Brussel · event 28-04-2026
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · full…

Financials

Fiscal year 2024Turnover €56,582Loss -€16,446Solvency -174.9%Liquidity 1.99
Turnover
€56,582
2024
Net result
-€16,446
2019 - 2024
Equity
-€246,950▼ 7.1%
2019 - 2024
Solvency
-174.9%▼ 44.4pp
2019 - 2024

Financials · fiscal year 2024, micro schema

Trend over the years6 fiscal years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€56,582
Operating result-€399-€1,008▼ 153%€107,645€12,147▼ 88.7%
Net result-€12,217below the sector's middle half-€17,398below the sector's middle half▼ 42.4%€111,478within the sector's middle half-€16,446below the sector's middle half
EBIT margin21.5%
Equity-€312,368below the sector's middle half=-€324,584below the sector's middle half▼ 3.9%-€341,982below the sector's middle half▼ 5.4%-€230,504below the sector's middle half▲ 32.6%-€246,950below the sector's middle half▼ 7.1%
Total assets€25,454below the sector's middle half=€25,447below the sector's middle half=€25,344below the sector's middle half▼ 0.4%€176,571below the sector's middle half▲ 597%€141,159within the sector's middle half▼ 20.1%
Debt€337,821=€350,031▲ 3.6%€367,326▲ 4.9%€407,075▲ 10.8%€388,109▼ 4.7%
Working capital-€1,284below the sector's middle half=-€5,500below the sector's middle half▼ 328%-€22,550below the sector's middle half▼ 310%€83,025within the sector's middle half€67,695within the sector's middle half▼ 18.5%
Solvency-130.5%below the sector's middle half-174.9%below the sector's middle half▼ 44.4pp
Current ratio0.95below the sector's middle half=0.82below the sector's middle half▼ 0.130.53below the sector's middle half▼ 0.291.95within the sector's middle half▲ 1.421.99within the sector's middle half▲ 0.04
Return on assets (ROA)-48.0%below the sector's middle half-68.6%below the sector's middle half▼ 20.6pp63.1%above the sector's middle half▲ 131.8pp-11.7%below the sector's middle half▼ 74.8pp
above within below the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Result and balance sheet2024
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000Operating result 2021: -€399-€399Net result 2021: -€12,217-€12,217Operating result 2022: -€1,008-€1,008Net result 2022: -€17,398-€17,398Operating result 2023: €107,645€107,645Net result 2023: €111,478€111,478Operating result 2024: €12,147€12,147Net result 2024: -€16,446-€16,44620202021202220232024-€50,000€0€50,000€100,000Operating result 2022: -€1,008-€1,010Net result 2022: -€17,398-€17,400Operating result 2023: €107,645€108,000Net result 2023: €111,478€111,000Operating result 2024: €12,147€12,100Net result 2024: -€16,446-€16,400202220232024
The operating result falls in 2024; 2024 is 89% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €141,159
Fixed assets €4,787 ▼ 18.9%
Current assets €136,372 ▼ 20.1%
Equity and liabilities
Equity-€246,950
Debt€388,109
Equity is negative: debt (€388,109) exceeds the balance-sheet total (€141,159).
Key figures and ratios2024
Key figures and ratios
2024 value · change against 2023
EBITDA
€14,463▼
2023 · €107,992
Cash flow
-€14,130▼
2023 · €111,825
Interest coverage
36.43▼
2023 · 3599.73
Debt ≤ 1 year
€68,677▼
2023 · €87,643
Debt > 1 year
€318,687=
2023 · €318,687
Income taxes
€28,196▲
2023 · -€3,863
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accountsfiscal year 2024
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet Code20232024
Assets
Total assets20/58€176,571€141,159▼
Fixed assets21/28€5,903€4,787▼
Tangible fixed assets22/27€5,903€4,787▼
Plant, machinery and equipment23-€967
Furniture and vehicles24€5,903€3,820▼
Current assets29/58€170,668€136,372▼
Amounts receivable after more than one year29€71,000€68,550▼
Trade receivables290€71,000€68,550▼
Amounts receivable within one year40/41€98,939€62,827▼
Trade receivables40€75,948€34,973▼
Other amounts receivable41€22,991€27,854▲
Cash at bank and in hand54/58€729€4,995▲
Equity and liabilities
Total equity and liabilities10/49€176,571€141,159▼
Equity10/15-€230,504-€246,950▼
Contributions10/11€62,060€62,060=
Capital10€62,060€62,060=
Issued capital100€62,060€62,060=
Profit (loss) carried forward14-€292,564-€309,010▼
Amounts payable17/49€407,075€388,109▼
Amounts payable after more than one year17€318,687€318,687=
Other amounts payable178/9€318,687€318,687=
Amounts payable within one year42/48€87,643€68,677▼
Trade debts44€5,204€7,195▲
Suppliers440/4€5,204€7,195▲
Taxes, remuneration and social security45€59,136€49,355▼
Taxes450/3€41,779€49,355▲
Remuneration and social security454/9€17,357-
Other amounts payable47/48€23,303€12,127▼
Accrued charges and deferred income492/3€745€745=
Income statement Code20232024
Turnover70-€56,582
Goods, raw materials, services and sundry goods60/61-€41,244
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€347€2,316▲
Other operating charges640/8-€875
Gross operating margin9900€107,992€15,338▼
Operating profit (loss)9901€107,645€12,147▼
Financial charges65/66B€30€397▲
Recurring financial charges65€30€397▲
Profit (loss) for the period before taxes9903€107,615€11,750▼
Income taxes67/77-€3,863€28,196▲
Profit (loss) for the period9904€111,478-€16,446▼
Profit (loss) for the period to be appropriated9905€111,478-€16,446▼
Appropriation of the result
Profit (loss) to be appropriated9906-€292,564-€309,010▼
Profit (loss) brought forward from the previous period14P-€404,042-€292,564▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70----€56,582-
Goods, raw materials, services and sundry goods60/61----€41,244-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€347€2,316▲ 567%
Other operating charges640/8-€348€447-€875-
Gross operating margin9900--€51-€561€107,992€15,338▼ 85.8%
Operating profit (loss)9901--€399-€1,008€107,645€12,147▼ 88.7%
Financial charges65/66B-€75€18€30€397▲ 1,223%
Recurring financial charges65-€75€18€30€397▲ 1,223%
Profit (loss) for the period before taxes9903--€474-€1,026€107,615€11,750▼ 89.1%
Income taxes67/77-€11,743€16,372-€3,863€28,196▲ 830%
Profit (loss) for the period9904--€12,217-€17,398€111,478-€16,446▼ 115%
Profit (loss) for the period to be appropriated9905--€12,217-€17,398€111,478-€16,446▼ 115%
Line20202021202220232024Change
Assets
Total assets20/58€25,454€25,447€25,344€176,571€141,159▼ 20.1%
Fixed assets21/28---€5,903€4,787▼ 18.9%
Tangible fixed assets22/27---€5,903€4,787▼ 18.9%
Plant, machinery and equipment23----€967-
Furniture and vehicles24---€5,903€3,820▼ 35.3%
Current assets29/58€25,454€25,447€25,344€170,668€136,372▼ 20.1%
Amounts receivable after more than one year29---€71,000€68,550▼ 3.5%
Trade receivables290---€71,000€68,550▼ 3.5%
Amounts receivable within one year40/41€25,432€25,432€25,215€98,939€62,827▼ 36.5%
Trade receivables40-€24,957€24,957€75,948€34,973▼ 54.0%
Other amounts receivable41-€475€258€22,991€27,854▲ 21.2%
Cash at bank and in hand54/58€22€15€129€729€4,995▲ 585%
Equity and liabilities
Total equity and liabilities10/49€25,454€25,447€25,344€176,571€141,159▼ 20.1%
Equity10/15-€312,368-€324,584-€341,982-€230,504-€246,950▼ 7.1%
Contributions10/11€62,060€62,060€62,060€62,060€62,060=
Capital10-€62,060€62,060€62,060€62,060=
Issued capital100-€62,060€62,060€62,060€62,060=
Profit (loss) carried forward14-€374,427-€386,644-€404,042-€292,564-€309,010▼ 5.6%
Amounts payable17/49€337,821€350,031€367,326€407,075€388,109▼ 4.7%
Amounts payable after more than one year17€311,084€318,687€318,687€318,687€318,687=
Other amounts payable178/9-€318,687€318,687€318,687€318,687=
Amounts payable within one year42/48€26,738€30,947€47,894€87,643€68,677▼ 21.6%
Trade debts44€693€693€793€5,204€7,195▲ 38.3%
Suppliers440/4-€693€793€5,204€7,195▲ 38.3%
Taxes, remuneration and social security45-€30,254€46,626€59,136€49,355▼ 16.5%
Taxes450/3-€12,897€29,269€41,779€49,355▲ 18.1%
Remuneration and social security454/9-€17,357€17,357€17,357--
Other amounts payable47/48--€475€23,303€12,127▼ 48.0%
Accrued charges and deferred income492/3-€397€745€745€745=
Line20202021202220232024Change
Profit (loss) for the period9904--€12,217-€17,398€111,478-€16,446▼ 115%
+ Depreciation and write-downs630---€347€2,316▲ 567%
Operating cash flow (approximation)--€12,217-€17,398€111,825-€14,130▼ 113%
Investment in fixed assets (approximation)-----€1,200-
Change in cash--€7€114€600€4,266▲ 611%

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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Comparable companies5

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 29,766 companies in this sector we hold annual accounts for 16,066. See the whole sector

Board & ownership

Directors

Directors
No directors read yet: 0 of 8 Gazette acts processed. See the function holders in the CBE →

Insolvency mandates

1 mandate
Role Name Tenure
Curator MAARTEN BENTEIN
Edmond Tollenaere- Straat 56-76 B23, 1020 Brussel 2- maart
28-04-2026 → present

Timeline

14 eventsLatest 05-05-2026

History

SOLARBEL was incorporated on 24 January 2001.1 Total assets rose from €25,454 in 2019 to €141,159 in 2024.2 On 28 April 2026 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024
  3. 3Belgian State Gazette, 05-05-2026

Acts, filings and financial milestones

2026
05-05
Bankruptcy Opening
Ondernemingsrechtbank Brussel · event 28-04-2026
2025
20-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 140 days late
2024
10-01
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 71 days late
10-01
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 436 days late
10-01
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 801 days late
2023
31-03
Financial Back to profitnet €111,478
Net result €111,478 after 2 loss-making years.
31-03
Financial Liquidity quadruplescurrent ratio 1.95
Current ratio from 0.53 to 1.95.
2022
31-03
Financial Weakest financial yearnet -€17,398
Net result drops to -€17,398, the lowest in the series.
2020
24-11
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 24 days late
2019
13-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2018
26-11
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2017
27-02
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 119 days late
2015
24-12
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 54 days late
16-02
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 108 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Company details

Public limited company · founded 24-01-2001Year ends 31-03Peppol not found1 site

Register details

Identification
Legal formPublic limited company
Founded24-01-2001
Fiscal year end31-03
Activities, NACEBEL 2025
41001General construction of residential buildings
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 1 October 2026 · Peppol Directory

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

Sites & property

Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 2002
seat establishment The establishment unit on the map
Ground area
2,876 m²
Building footprint
776 m²
Volume, LiDAR
8,454 m³
2 parcels, Brussels, Wallonia · tallest building 19.6 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Trois Fontaines 4, 1370 Jodoigne
NACE 52410
since 2002unit no. 2.096.925.610
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
25049A0219/00D000 Wallonia 1,914 m² 1 · 432 m² 7.5 m · 2 fl.
21001A0562/00Z008 Brussels 962 m² 1 · 344 m² 19.6 m · 6 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

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