SOLARLANDS
SOLARLANDS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €127k and a net result of €-311. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 36% of 7448 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
| Equity | €127k |
| Net result | €-311 |
| Better than sector | 36% |
| Active | 14 yrs |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 32.7% | 44.0% | |
| Net result | €-311 | €30k | |
| Equity | €127k | €276k | |
| Gross operating margin | €38k | €275k | |
| Total assets | €390k | €742k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €10k | €9k | €31k | €15k | €49k |
| Net profit | €-311 | €610 | €23k | €-6k | €43k |
| Cash flow | €6k | €7k | €28k | €-177 | €49k |
| Staff costs | - | - | - | - | - |
| Income taxes | €3k | €945 | €816 | €14k | €-652 |
| Dividends | - | - | - | - | - |
| Total assets | €390k | €409k | €540k | €514k | €507k |
| Equity | €127k | €128k | €127k | €115k | €121k |
| Debt | €148k | €167k | €226k | €212k | €198k |
| of which ≤ 1y | €116k | €124k | €171k | €147k | €122k |
| of which > 1y | €32k | €43k | €54k | €65k | €76k |
| Working capital | €164k | €169k | €250k | €243k | €254k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 2.41 | 2.37 | 2.46 | 2.66 | 3.08 |
| Quick ratio | 2.37 | 2.34 | 2.37 | 2.55 | 2.95 |
| Working capital ratio | 42.0% | 41.4% | 46.4% | 47.3% | 50.2% |
| Solvency | 32.7% | 31.2% | 23.5% | 22.3% | 23.9% |
| Debt / equity | 1.16 | 1.31 | 1.78 | 1.84 | 1.64 |
| Long-term debt ratio | 0.25 | 0.34 | 0.43 | 0.57 | 0.63 |
| Interest coverage | 9.05 | 5.43 | 16.51 | 5.50 | 20.64 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -0.1% | 0.1% | 4.2% | -1.2% | 8.4% |
| ROE | -0.2% | 0.5% | 17.7% | -5.3% | 35.3% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €390k | €409k | €540k | €514k | €507k |
| Fixed assets | 21/28 | €110k | €116k | €118k | €124k | €130k |
| Tangible fixed assets | 22/27 | €110k | €116k | €118k | €124k | €130k |
| Current assets | 29/58 | €280k | €293k | €422k | €390k | €376k |
| Stocks & contracts in progress | 3 | €4k | €4k | €16k | €16k | €16k |
| Amounts receivable within one year | 40/41 | €225k | €223k | €265k | €195k | €198k |
| Cash & bank | 54/58 | €49k | €65k | €139k | €178k | €161k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €390k | €409k | €540k | €514k | €507k |
| Equity | 10/15 | €127k | €128k | €127k | €115k | €121k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Reserves | 13 | €2k | €2k | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €107k | €107k | €107k | €94k | €101k |
| Provisions & deferred taxes | 16 | €114k | €114k | €187k | €187k | €187k |
| Amounts payable | 17/49 | €148k | €167k | €226k | €212k | €198k |
| Amounts payable after one year | 17 | €32k | €43k | €54k | €65k | €76k |
| Amounts payable within one year | 42/48 | €116k | €124k | €171k | €147k | €122k |
| Trade debts payable within one year | 44 | €30k | €44k | €95k | €51k | €46k |
| Income statement | ||||||
| Gross operating margin | 9900 | €38k | €-50k | €36k | €19k | €54k |
| Operating result | 9901 | €4k | €3k | €25k | €9k | €43k |
| Financial income | 75 | €1 | €12 | €2 | €1k | €1k |
| Financial charges | 65 | €1k | €2k | €2k | €3k | €2k |
| Result before taxes | 9903 | €3k | €2k | €23k | €8k | €42k |
| Income taxes | 67/77 | €3k | €945 | €816 | €14k | €-652 |
| Net result for the period | 9904 | €-311 | €610 | €23k | €-6k | €43k |
| Result to be appropriated | 9905 | €-311 | €610 | €23k | €-6k | €43k |
Historic, not recently confirmed (1)
-
Not recently confirmedlast confirmed in an act from 2016
| NACE primary | General electrical installation work(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 29-11-2011 |
| Status | Active |
| Postal code | 4621 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62084B0260/00E002 | Wallonia | 1,693 m² | - | - |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
04-12-2025 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": false,
"seat_change": false,
"object_change": false,
"effective_date": "2025-10-15",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0841.384.532",
"name_full": "SOLARLANDS",
"legal_form": "SPRL"
},
"signature_regime": null,
"special_mandates": [
{
"quote": "Elle confie \u00E0 l\u0027\u00E9tude notariale soussign\u00E9e le soin de publier au Moniteur belge les pr\u00E9sentes r\u00E9solutions",
"holder_kbo": null,
"holder_name": "Marc KASCHTEN",
"scope_categories": [
"publication"
],
"with_substitution": false
}
],
"governance_change": {
"admin_delegated_added": []
}
}14-08-2024 Registered office moved from Battice to Retinne
- Route de Maastricht 66, 4651 Battice → Rue du Fond du Flo 29, 4621 Retinne
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Retinne",
"region": null,
"street": "Rue du Fond du Flo",
"country": "BE",
"postcode": "4621",
"box_number": null,
"street_number": "29"
},
"old_address": {
"city": "Battice",
"region": null,
"street": "Route de Maastricht",
"country": "BE",
"postcode": "4651",
"box_number": null,
"street_number": "66"
},
"effective_date": "2024-07-01",
"evidence_quote": "Monsieur le Pr\u00E9sident expose que la pr\u00E9sente assembl\u00E9e \u00E0 pour seul ordre du jour le transfert du si\u00E8ge social de la soci\u00E9t\u00E9 \u00E0 4621 Retinne, Rue du Fond du Flo 29."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0841.384.532",
"name_full": "SOLARLANDS",
"legal_form": "SPRL"
}
}29-11-2016 Transaction in capital or shares
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0841.384.532",
"name_full": "SOLARLANDS",
"legal_form": "SPRL"
}
}28-10-2014 Registered office moved from Fléron to Battice
- Rue du Tiège 1, 4620 Fléron → Route de Maastricht 66, 4651 Battice
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Battice",
"region": null,
"street": "Route de Maastricht",
"country": "BE",
"postcode": "4651",
"box_number": null,
"street_number": "66"
},
"old_address": {
"city": "Fl\u00E9ron",
"region": null,
"street": "Rue du Ti\u00E8ge",
"country": "BE",
"postcode": "4620",
"box_number": null,
"street_number": "1"
},
"effective_date": "2014-09-22",
"evidence_quote": "Monsieur le Pr\u00E9sident expose que la pr\u00E9sente assembl\u00E9e \u00E0 pour seul ordre du jour le transfert du si\u00E8ge social de la soci\u00E9t\u00E9 \u00E0 4651 Battice, Route de Maastricht 66."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0841.384.532",
"name_full": "SOLARLANDS",
"legal_form": "SPRL"
}
}09-12-2011 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "4620 Fl\u00E9ron, rue du Ti\u00E8ge, num\u00E9ro 1",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1975-01-07",
"name": "MODICA Vincenzo",
"niss": null,
"address": "4651 Herve (Battice), rue de Maestricht, num\u00E9ro 66"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 12400,
"holder_person_name": "MODICA Vincenzo",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 18600,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 18600,
"subject_company": {
"kbo": "0841.384.532",
"name_full": "SOLARLANDS",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2011-11-28",
"post_incorporation_mandates": []
}| Legal nameEN | SOLARLANDS |