SolarEnergyFund
The computed 12-month bankruptcy probability of SolarEnergyFund is 0.8% (low). The 2020 annual accounts show negative equity (€-109k) and a net result of €-116k. Equity is shrinking by ~8.7% per year across the filed fiscal years. The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-109k |
| Net result | €-116k |
| Active | 12 yrs |
| Board | 2 |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2020 |
|---|---|
| Revenue | - |
| EBITDA | €174k |
| Net profit | €-116k |
| Cash flow | €-5k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.18M |
| Equity | €-109k |
| Debt | €1.29M |
| of which ≤ 1y | €254k |
| of which > 1y | €1.03M |
| Working capital | €12k |
| Employees (FTE) | - |
| 2020 | |
|---|---|
| Current ratio | 1.05 |
| Quick ratio | 1.05 |
| Working capital ratio | 1.0% |
| Solvency | -9.2% |
| Debt / equity | -9.45 |
| Long-term debt ratio | -9.45 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -9.9% |
| ROE | 106.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2020 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.18M |
| Fixed assets | 21/28 | €915k |
| Tangible fixed assets | 22/27 | €915k |
| Current assets | 29/58 | €265k |
| Amounts receivable within one year | 40/41 | €49k |
| Cash & bank | 54/58 | €126k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.18M |
| Equity | 10/15 | €-109k |
| Accumulated profits (losses) | 14 | €-116k |
| Amounts payable | 17/49 | €1.29M |
| Amounts payable after one year | 17 | €1.03M |
| Amounts payable within one year | 42/48 | €254k |
| Trade debts payable within one year | 44 | €4k |
| Income statement | ||
| Gross operating margin | 9900 | €175k |
| Operating result | 9901 | €62k |
| Financial income | 75 | €51 |
| Financial charges | 65 | €61k |
| Result before taxes | 9903 | €993 |
| Net result for the period | 9904 | €993 |
| Result to be appropriated | 9905 | €993 |
-
Current01-10-2025 → present
-
Current01-10-2025 → present
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| BDO Bedrijfsrevisoren bvCurrent Statutory auditor · represented by Marlies Polfliet |
- | 28-05-2024 → present |
| Deloitte Bedrijfsrevisoren BV o.v.v.e. CVBA Statutory auditor · represented by Dominique Roux succeeded by BDO Bedrijfsrevisoren bv in 2024 |
- | 14-04-2016 → 28-05-2024 |
| NACE primary | 35110 |
| Legal form | Private limited company(610) |
| Incorporation | 28-08-2013 |
| Status | Active |
| Postal code | 2900 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11443C0655/00Y003 | Flanders | 1.0 ha | 1 · 7,979 m² | 12.0 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
17-12-2025 2 directors appointed, 1 resigning
- Jasandra NYKER, Bestuurder
- Natacha MARLY, Bestuurder
- Jean-Marc Bazenet, Bestuurder
Technical details
{
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"name": "Blue Nugget GmbH",
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},
"effective_date": "2025-10-01",
"evidence_quote": "De enige aandeelhouder neemt kennis van het vrijwillig ontslag van Blue Nugget GmbH (ingeschreven de Kruispuntbank van Ondernemingen met ondernemingsnummer 1003.759.562), met als vaste vertegenwoordiger Jean-Marc Bazenet, als bestuurder van de Vennootschap, met ingang vanaf 01/10/2025."
},
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"evidence_quote": "De enige aandeelhouder bevestigt de benoeming van Jasandra NYKER en Natacha MARLY als bestuurders van de Vennootschap met ingang vanaf 01/10/2025, voor onbepaalde duur en bekrachtigt enige en alle handelingen en/of verrichtingen van deze bestuurders met ingang van hun benoeming."
},
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"name": "Natacha MARLY",
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"effective_date": "2025-10-01",
"evidence_quote": "De enige aandeelhouder bevestigt de benoeming van Jasandra NYKER en Natacha MARLY als bestuurders van de Vennootschap met ingang vanaf 01/10/2025, voor onbepaalde duur en bekrachtigt enige en alle handelingen en/of verrichtingen van deze bestuurders met ingang van hun benoeming."
}
],
"schema": "v3.2",
"act_meta": {
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},
"subject_company": {
"kbo": "0537.824.814",
"name_full": "SOLARENERGYFUND",
"legal_form": "BV"
}
}17-04-2025 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"stage": null,
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
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"filing_date": "2025-04-17",
"act_kind_objet": "Mededeling aandelen in een hand"
},
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"restructuring": {
"parties": [
{
"kbo": "0537.824.814",
"name": "SolarEnergyFund",
"role": "other",
"address": "Metropoolstraat 30-32A bus 8, 2900 Schoten",
"is_foreign": false,
"legal_form": "BV",
"is_new_company": false,
"jurisdiction_country": null
}
],
"exchange_ratio": null,
"legal_articles": [],
"is_cross_border": false,
"is_silent_merger": false,
"balance_basis_date": null,
"exchange_ratio_text": null,
"new_shares_issued_n": null,
"real_estate_included": false,
"patrimony_description": null,
"equity_transferred_eur": null,
"accounting_effective_date": null
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"subject_company": {
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"publication_proxy": {
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"org_kbo": null,
"org_name": "Blue Nugget GmbH",
"person_name": null,
"org_rep_person_name": "Jean-Marc Bazenet"
},
"summary_narrative": "De bestuurder van de vennootschap SolarEnergyFund BV heeft kennisgenomen van het feit dat de aandelen van de vennootschap sinds 22 januari 2025 in handen zijn van \u00E9\u00E9n aandeelhouder. Deze kennisname is neergelegd in het vennootschapsdossier ter griffie van de ondernemingsrechtbank te Antwerpen.",
"co_filed_documents": [],
"detected_real_type": "other",
"referenced_correction": null,
"should_reroute_to_category": "capital_shares"
}28-05-2024 Marlies Polfliet reappointed as statutory auditor
- Marlies Polfliet, Commissaris
Technical details
{
"events": [
{
"kind": "commissaris_renew",
"role": "commissaris",
"person": {
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"name": "Marlies Polfliet",
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},
"via_org": {
"kbo": null,
"name": "BDO Bedrijfsrevisoren BV",
"address": null,
"country": null,
"legal_form": null
},
"evidence_quote": "De algemene vergadering van aandeelhouders van 4 maart 2024 besluit een commissaris aan te stellen en bevestigt hierbij de benoeming tot die functie van BDO Bedrijfsrevisoren BV kantoorhoudend te 2600 Antwerpen-Berchem, Uitbreidingstraat 72/1."
}
],
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},
"subject_company": {
"kbo": "0537.824.814",
"name_full": "SOLARENERGYFUND",
"legal_form": "BV"
}
}11-01-2024 Transaction in capital or shares
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
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"subject_company": {
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"name_full": "SOLARENERGYFUND",
"legal_form": "BVBA"
}
}11-07-2016 Dominique Roux reappointed as statutory auditor
- Dominique Roux, Commissaris
Technical details
{
"events": [
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"role": "commissaris",
"person": {
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"name": "Dominique Roux",
"address": null,
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"via_org": {
"kbo": null,
"name": "Deloitte Bedrijfsrevisoren BV o.v.v.e. CVBA",
"address": null,
"country": null,
"legal_form": null
},
"effective_date": "2016-04-14",
"evidence_quote": "Op de Algemene Vergadering van aandeelhouders. van 13 juni 2016 hebben de aandeelhouders de benoeming van Deloitte Bedriifsrevisoren BV o.v.v.e. CVBA, vertegenwoordigd door de Heer Dominique Roux, vanaf 14 april 2016 bekrachtigd, en dit voor een periode van drie boekjarer\u0131."
}
],
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"subject_company": {
"kbo": "0537.824.814",
"name_full": "SOLARENERGYFUND",
"legal_form": "BVBA"
}
}11-09-2013 Incorporation of a new BV
Technical details
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"seat": "(2900) Schoten, Metropoolstraat 30-32",
"schema": "v3.2",
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"founders": [
{
"org": {
"kbo": "0827.515.413",
"name": "IKAROS INVESTMENTS"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "naam",
"partner_role": null,
"holder_org_kbo": "0827.515.413",
"holder_org_name": "IKAROS INVESTMENTS",
"contribution_type": "cash",
"amount_paid_in_eur": 6200,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 6200,
"amount_subscribed_eur": 6200,
"is_anonymous_silent_partner": false
},
{
"org": {
"kbo": "0883.085.525",
"name": "IKAROS SOLAR"
},
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"contribution_type": "cash",
"amount_paid_in_eur": 12400,
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"n_shares_subscribed": 3700,
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],
"capital_eur": 18600,
"subject_company": {
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"name_full": "SolarEnergyFund",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2013-08-28",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | SolarEnergyFund |