Skip to content

Solarlab

Active
Private limited companyfounded 201412 yrs activeKleyaardestraat 3, 3740 Bilzen-Hoeselt, BelgiumKBO/BCE: BE 0550.926.742
Summary

Solarlab has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €104,342 and a net result of €90,946. Equity is growing by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 29% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability94▲+15
Solvency48▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity tight (current ratio 1.09 against 1.05 in 2024; short-term debt: 30.5% and cash: 23.6% of total assets), and 76.7% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
23.3%
Return on assets
20.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 12 years 0 20 y
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
22 d early
2024
22 d early
2023
22 d early
2022
2 d late
2021
31 d early
2020
33 d early
2019
67 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 9 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed 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 9 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
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

On 27 April 2014, Solarlab was incorporated.1 In 2026 the registered office moved to Bilzen-Hoeselt.2 Total assets went from EUR 94,891 in 2018 to EUR 448,676 in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 17-09-2026
  3. 3National Bank, annual accounts 2018 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€104,342▼ 4.6%
2024 · €109,396
Total assets
€448,676▼ 37.6%
2024 · €719,331
Net result
€90,946▲ 53.4%
2024 · €59,299
Working capital
€12,390▼ 33.5%
2024 · €18,622
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€36,840▼ 25.9%€116,415▲ 216%€146,041▲ 25.4%€90,982▼ 37.7%€131,349▲ 44.4%
Net result€24,850within the sector's middle half▼ 26.6%€87,530above the sector's middle half▲ 252%€101,337above the sector's middle half▲ 15.8%€59,299above the sector's middle half▼ 41.5%€90,946above the sector's middle half▲ 53.4%
Equity€105,352within the sector's middle half▲ 0.4%€106,860within the sector's middle half▲ 1.4%€163,597above the sector's middle half▲ 53.1%€109,396within the sector's middle half▼ 33.1%€104,342within the sector's middle half▼ 4.6%
Total assets€373,495within the sector's middle half▲ 194%€788,053above the sector's middle half▲ 111%€669,457above the sector's middle half▼ 15.0%€719,331above the sector's middle half▲ 7.5%€448,676above the sector's middle half▼ 37.6%
Debt€268,144▲ 1,114%€681,193▲ 154%€505,859▼ 25.7%€609,935▲ 20.6%€344,334▼ 43.5%
Working capital€79,350within the sector's middle half▼ 17.1%€204,239above the sector's middle half▲ 157%€195,675above the sector's middle half▼ 4.2%€18,622within the sector's middle half▼ 90.5%€12,390within the sector's middle half▼ 33.5%
Solvency28.2%within the sector's middle half▼ 54.4pp13.6%below the sector's middle half▼ 14.6pp24.4%within the sector's middle half▲ 10.9pp15.2%below the sector's middle half▼ 9.2pp23.3%within the sector's middle half▲ 8.0pp
Current ratio2.64within the sector's middle half▼ 2.691.79within the sector's middle half▼ 0.852.42within the sector's middle half▲ 0.641.05within the sector's middle half▼ 1.381.09within the sector's middle half▲ 0.04
Return on assets (ROA)6.7%within the sector's middle half▼ 20.0pp11.1%within the sector's middle half▲ 4.5pp15.1%within the sector's middle half▲ 4.0pp8.2%within the sector's middle half▼ 6.9pp20.3%within the sector's middle half▲ 12.0pp
above within below the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000Operating result 2021: €36,840€36,840Net result 2021: €24,850€24,850Operating result 2022: €116,415€116,415Net result 2022: €87,530€87,530Operating result 2023: €146,041€146,041Net result 2023: €101,337€101,337Operating result 2024: €90,982€90,982Net result 2024: €59,299€59,299Operating result 2025: €131,349€131,349Net result 2025: €90,946€90,94620212022202320242025€0€50,000€100,000€150,000Operating result 2023: €146,041€146,000Net result 2023: €101,337€101,000Operating result 2024: €90,982€91,000Net result 2024: €59,299€59,300Operating result 2025: €131,349€131,000Net result 2025: €90,946€90,900202320242025
The operating result recovers in 2025; 2025 is 44% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €448,676
Fixed assets €299,401 ▼ 6.6%
Current assets €149,274 ▼ 62.6%
Equity and liabilities €448,676
Equity €104,342 ▼ 4.6%
Debt €344,334 ▼ 43.5%
Debt's share of the balance-sheet total falls from 84.8% to 76.7%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€152,355▲
2024 · €112,296
Cash flow
€111,951▲
2024 · €80,613
Quick ratio
1.01▲
2024 · 0.67
Debt to equity
3.30▼
2024 · 5.58
ROE
87.2%▲
2024 · 54.2%
Interest coverage
20.49▲
2024 · 17.00
Debt ≤ 1 year
€136,885▼
2024 · €380,302
Debt > 1 year
€207,450▼
2024 · €229,552
Income taxes
€33,164▲
2024 · €25,077
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,053 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.4% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

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 5,053 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 against 2024 · 51 lines
Balance sheet Code20242025
Assets
Total assets20/58€719,331€448,676▼
Fixed assets21/28€320,407€299,401▼
Tangible fixed assets22/27€320,407€299,401▼
Land and buildings22€301,222€286,359▼
Plant, machinery and equipment23€16,281€11,321▼
Furniture and vehicles24€2,904€1,722▼
Current assets29/58€398,924€149,274▼
Stocks and contracts in progress3€142,690€11,441▼
Stocks30/36€24,464€11,441▼
Contracts in progress37€118,226€0▼
Amounts receivable within one year40/41€25,510€25,208▼
Trade receivables40€24,035€17,158▼
Other amounts receivable41€1,475€8,050▲
Cash at bank and in hand54/58€229,206€106,005▼
Deferred charges and accrued income490/1€1,518€6,620▲
Equity and liabilities
Total equity and liabilities10/49€719,331€448,676▼
Equity10/15€109,396€104,342▼
Contributions10/11€18,600€18,600=
Reserves13€90,796€85,742▼
Distributable reserves133€90,796€85,742▼
Profit (loss) carried forward14-€0
Amounts payable17/49€609,935€344,334▼
Amounts payable after more than one year17€229,552€207,450▼
Financial debts170/4€229,552€207,450▼
Amounts payable within one year42/48€380,302€136,885▼
Current portion of amounts payable after more than one year42€21,015€22,103▲
Trade debts44€32,441€10,640▼
Suppliers440/4€32,441€10,640▼
Advances received on contracts in progress46€263,361€0▼
Taxes, remuneration and social security45€63,486€23,143▼
Taxes450/3€63,486€23,143▼
Other amounts payable47/48-€81,000
Accrued charges and deferred income492/3€81€0▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,314€21,006▼
Other operating charges640/8€4,863€5,056▲
Gross operating margin9900€117,159€157,411▲
Operating profit (loss)9901€90,982€131,349▲
Financial income75/76B€0€196▲
Recurring financial income75€0€196▲
Financial charges65/66B€6,607€7,436▲
Recurring financial charges65€6,607€7,436▲
Profit (loss) for the period before taxes9903€84,376€124,110▲
Income taxes67/77€25,077€33,164▲
Profit (loss) for the period9904€59,299€90,946▲
Profit (loss) for the period to be appropriated9905€59,299€90,946▲
Appropriation of the result
Profit (loss) to be appropriated9906€59,299€90,946▲
Transfer from equity791/2€54,201€15,000▼
Transfer to equity691/2-€9,946
To other reserves6921-€9,946
Profit to be distributed694/7€113,500€96,000▼
Return on contributions (dividend)694€113,500€96,000▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A--€2,500---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,357€35,706€18,806€21,314€21,006▼ 1.4%
Other operating charges640/8€978€3,829€5,193€4,863€5,056▲ 4.0%
Gross operating margin9900€47,175€155,950€170,040€117,159€157,411▲ 34.4%
Operating profit (loss)9901€36,840€116,415€146,041€90,982€131,349▲ 44.4%
Financial income75/76B€401€186€221€0€196▲ 217,922%
Recurring financial income75€401€186€221€0€196▲ 217,922%
Financial charges65/66B€1,035€5,459€6,515€6,607€7,436▲ 12.5%
Recurring financial charges65€1,035€5,459€6,515€6,607€7,436▲ 12.5%
Profit (loss) for the period before taxes9903€36,206€111,141€139,746€84,376€124,110▲ 47.1%
Income taxes67/77€11,356€23,611€38,409€25,077€33,164▲ 32.2%
Profit (loss) for the period9904€24,850€87,530€101,337€59,299€90,946▲ 53.4%
Profit (loss) for the period to be appropriated9905€24,850€87,530€101,337€59,299€90,946▲ 53.4%
Line20212022202320242025Change
Assets
Total assets20/58€373,495€788,053€669,457€719,331€448,676▼ 37.6%
Fixed assets21/28€245,891€325,088€336,436€320,407€299,401▼ 6.6%
Tangible fixed assets22/27€245,891€325,088€336,436€320,407€299,401▼ 6.6%
Land and buildings22€239,408€317,741€316,085€301,222€286,359▼ 4.9%
Plant, machinery and equipment23€5,163€3,769€18,026€16,281€11,321▼ 30.5%
Furniture and vehicles24€1,320€3,579€2,324€2,904€1,722▼ 40.7%
Current assets29/58€127,605€462,964€333,021€398,924€149,274▼ 62.6%
Amounts receivable after more than one year29€8,800€8,800----
Other amounts receivable291€8,800€8,800----
Stocks and contracts in progress3€5,304€8,183€45,261€142,690€11,441▼ 92.0%
Stocks30/36€5,304€8,183€35,505€24,464€11,441▼ 53.2%
Contracts in progress37--€9,756€118,226€0▼ 100%
Amounts receivable within one year40/41€21,337€170,746€142,382€25,510€25,208▼ 1.2%
Trade receivables40€18,528€170,746€141,635€24,035€17,158▼ 28.6%
Other amounts receivable41€2,809€0€748€1,475€8,050▲ 446%
Cash at bank and in hand54/58€91,988€274,893€144,618€229,206€106,005▼ 53.8%
Deferred charges and accrued income490/1€176€341€759€1,518€6,620▲ 336%
Equity and liabilities
Total equity and liabilities10/49€373,495€788,053€669,457€719,331€448,676▼ 37.6%
Equity10/15€105,352€106,860€163,597€109,396€104,342▼ 4.6%
Contributions10/11€6,200€6,200€18,600€18,600€18,600=
Reserves13€98,427€92,405€144,997€90,796€85,742▼ 5.6%
Non-distributable reserves130/1€2,585€2,585----
Reserves not available under the articles1311€2,585€2,585----
Distributable reserves133€95,841€89,819€144,997€90,796€85,742▼ 5.6%
Profit (loss) carried forward14€725€8,255--€0-
Amounts payable17/49€268,144€681,193€505,859€609,935€344,334▼ 43.5%
Amounts payable after more than one year17€219,000€271,250€250,567€229,552€207,450▼ 9.6%
Financial debts170/4€219,000€271,250€250,567€229,552€207,450▼ 9.6%
Amounts payable within one year42/48€48,255€258,725€137,346€380,302€136,885▼ 64.0%
Current portion of amounts payable after more than one year42€7,015€20,380€20,684€21,015€22,103▲ 5.2%
Financial debts43€0-----
Other loans439€0-----
Trade debts44€8,321€103,960€55,506€32,441€10,640▼ 67.2%
Suppliers440/4€8,321€103,960€55,506€32,441€10,640▼ 67.2%
Advances received on contracts in progress46-€9,746-€263,361€0▼ 100%
Taxes, remuneration and social security45€26,490€34,827€61,156€63,486€23,143▼ 63.5%
Taxes450/3€26,490€34,827€61,156€63,486€23,143▼ 63.5%
Other amounts payable47/48€6,428€89,811--€81,000-
Accrued charges and deferred income492/3€889€151,217€117,947€81€0▼ 100%
Line20212022202320242025Change
Profit (loss) for the period9904€24,850€87,530€101,337€59,299€90,946▲ 53.4%
+ Depreciation and write-downs630€9,357€35,706€18,806€21,314€21,006▼ 1.4%
Operating cash flow (approximation)€34,206€123,236€120,143€80,613€111,951▲ 38.9%
Investment in fixed assets (approximation)--€114,904-€30,154-€5,285-€0▲ 100.0%
Change in cash-€182,906-€130,276€84,588-€123,201▼ 246%

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

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
17-09
State Gazette act General meeting · Registered-office move
2 facts ▸
  • General meeting, 30-06-2026
  • Registered-office move, Kleyaardestraat 3, 3740 Bilzen-Hoeselt
09-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
09-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
09-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2018net €101,337 ▲15.8%
Operating result €146,041, net result €101,337, both a record.
31-12
Financial Equity above €150,000Eq €163,597 ▲53.1%
6 profitable years in a row build equity to €163,597.
02-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
30-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Equity above €100,000Eq €104,919 ▲41.3%
3 profitable years in a row build equity to €104,919.
06-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
2019
31-12
Financial Weakest financial yearnet €18,352 ▼9.3%
Net result drops to €18,352, the lowest in the series; recovery starts the following year.
Show earlier events
19-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
24-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
24-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts

Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bilzen-Hoeselt · 1 establishment unit since 2014
seat establishment The establishment unit on the map
Ground area
576 m²
Building footprint
126 m²
Volume, LiDAR
842 m³
Parcel 73097A0577/00M000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Solarlab
Kleyaardestraat 3, 3740 Bilzen-HoeseltDemolition
since 20142.231.879.136
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73097A0577/00M000 Flanders 576 m² 1 · 126 m² 9.2 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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 2 entries · 1,221 EUR awarded · 1,221 EUR paid
Year Entries awardedpaid
2025 1 471 EUR471 EUR
2022 1 750 EUR750 EUR
Schemes
2 entries · 1,221 EUR · 1,221 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 24,518 companies in sector 82990 we hold annual accounts for 9,421. 7,197 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded27-04-2014
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
Contact
Phone 0498774848
E-mail dave@solarlab.beBilzen-Hoeselt
Phone 0485009163Bilzen-Hoeselt
E-invoicing
Reachable via Peppol
Peppol ID 0208:0550926742
Also 9925:BE0550926742
Registered 27-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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