Gross margin from €811,611 to €2.3mBack to profit: €327,034Staff from 16.6 FTE to 14.8 FTEEquity from €988,256 to €1.3mDebts from €3.4m to €4.7mCash from €109,620 to €21,125
Higher net result than 91% of companies in specialised construction. Sector median €38,620 · 9,269 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 2,609 companies had the same profile as SOLARPRO has now. Each dot stands for 7 companies, two years later.
96.8%
were still trading
2.1%
stopped another way
1.0%
went bankrupt
Small
10 to 20 years old
solvency 10 to 30%
a profit of 5% of the balance sheet or more
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the 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%
0.9%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
2.9%
3.1%
10
5.6%
6.1%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,609 companies, not a prediction for SOLARPRO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as SOLARPRO: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €4.6m and €6m, founded between 2003 and 2014.
The company number of SOLARPRO is 0810.703.630. The VAT number is the same number with BE in front: BE 0810.703.630.
Where is SOLARPRO based?
The registered office is at Koeybleuken 24, 2300 Turnhout.Company details
What does SOLARPRO do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of SOLARPRO?
SOLARPRO is a private limited company (BV).
When was SOLARPRO founded?
SOLARPRO was founded on 17-03-2009.
Is SOLARPRO still active?
Yes, SOLARPRO is an active enterprise in the KBO register.
How many employees does SOLARPRO have?
SOLARPRO had an average of 14.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does SOLARPRO fall under?
In its 2025 annual accounts, SOLARPRO states joint committee 149.01 (Electricians: installation and distribution).
What is the turnover of SOLARPRO?
The turnover in financial year 2025 is ≈ €6.4m. This figure is estimated from the gross margin of €2.3m and 30 comparable companies (NACE 432). It probably lies between €5.3m and €7.9m.
Is SOLARPRO profitable?
In financial year 2025, SOLARPRO made a profit of €327,034.
Where can I find the annual accounts of SOLARPRO?
SOLARPRO filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SOLARPRO due?
SOLARPRO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline