Solarbuild 3
ActiveSummary
Solarbuild 3 has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €246k and a net result of €227k. Its solvency ranks better than 17% of 279 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability39
Solvency26
Growth-
Track record67
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days only on tighter terms
Liquidity short (current ratio 0.07; short-term debt: 20.7% and cash: 0% of total assets), and 99.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 35
Relative position
BE, all sectors
reference
Sector 35
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
0.8%
Return on assets
0.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 279 sector peers (2025).
NBB · sector comparisonPosition among 279 sector peers
Solvency
better than 17%
← weakest
strongest →
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 03-07-2026, 28 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
28 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, abbreviated schema
Equity
€246k
Total assets
€32.72M
Net result
€227k
Working capital
€-6.32M
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €32.72M
Fixed assets
€32.27M
Current assets
€449k
Equity and liabilities €32.72M
Equity
€246k
Debt
€32.47M
Debt finances 99.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€992k
Cash flow
€560k
Current ratio
0.07
ROE
92.4%
ROA
0.7%
Interest coverage
2.29
Debt ≤ 1 year
€6.77M
Debt > 1 year
€25.70M
A ratio outside any meaningful range has been withheld (balance sheet total €32.72M, equity €246k).
Filed annual accounts As filed with the NBB · 2025 · 41 lines
Balance sheet
Code2025
Assets
Total assets20/58€32.72M
Fixed assets21/28€32.27M
Intangible fixed assets21€618k
Tangible fixed assets22/27€30.91M
Plant, machinery and equipment23€30.48M
Assets under construction and advance payments27€426k
Financial fixed assets28€744k
Current assets29/58€449k
Amounts receivable within one year40/41€355k
Trade receivables40€141k
Other amounts receivable41€214k
Cash at bank and in hand54/58€6k
Deferred charges and accrued income490/1€88k
Equity and liabilities
Total equity and liabilities10/49€32.72M
Equity10/15€246k
Contributions10/11€19k
Reserves13€227k
Distributable reserves133€227k
Amounts payable17/49€32.47M
Amounts payable after more than one year17€25.70M
Financial debts170/4€21.14M
Other amounts payable178/9€4.57M
Amounts payable within one year42/48€6.77M
Current portion of amounts payable after more than one year42€1.11M
Trade debts44€5.65M
Suppliers440/4€5.65M
Advances received on contracts in progress46€8k
Income statement
Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€332k
Other operating charges640/8€787
Gross operating margin9900€993k
Operating profit (loss)9901€660k
Financial income75/76B€832
Recurring financial income75€832
Financial charges65/66B€434k
Recurring financial charges65€434k
Profit (loss) for the period before taxes9903€227k
Profit (loss) for the period9904€227k
Profit (loss) for the period to be appropriated9905€227k
Appropriation of the result
Profit (loss) to be appropriated9906€227k
Transfer to equity691/2€227k
To other reserves6921€227k
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
NBB filing
Directors · office · real estate
Directors
3 acts for this company are 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, Gent · 1 establishment unit since 2024
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kortrijksesteenweg 10719051 GentGround area
1.5 ha
Building footprint
2,773 m²
Parcel 44062B0320/00M005, Flanders. Linked by address, not a title deed.
1 establishment unit
Solarbuild 3
since 20242.365.146.446
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062B0320/00M005 | Flanders | 1.5 ha | 1 · 2,773 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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, comparable size
Thornton Bank Maintenance Services
BE 0893.526.089
Oostende · Eq €244k
VHB MARINE EN CONSTRUCTION
BE 0455.814.678
Antwerpen · Eq €248k
MGElec
BE 0778.960.181
Bièvre · Eq €241k
ANTWERP UNDERWATER SALVAGE
BE 0430.594.678
Antwerpen · Eq €240k
MARINE DIESEL SERVICE
BE 0476.376.007
Evergem · Eq €239k
Of 815 companies in sector 35110 we hold annual accounts for 631. 392 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-09-2024
Fiscal year end31-12
Activities, NACEBEL 2025
35110Production of electricity from non-renewable sources
35130Electricity, gas, steam and air conditioning supply
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.