SOLARYS
ActiveSummary
The computed 12-month bankruptcy probability of SOLARYS is 2.4% (moderate). For SOLARYS, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€144,089) and a net result of -€5,322. Equity is shrinking by ~4.4% per year across the filed fiscal years. The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability61▼-1
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
-161.3%
Return on assets
-6%
Age of the figures
33 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 24-06-2024, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
37 d early
2022
210 d late
2021
568 d late
2020
16 d early
2019
132 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 171 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Equity
-€144,089▼ 3.8%
2022 · -€138,766
Total assets
€89,339▼ 11.0%
2022 · €100,339
Net result
-€5,322▼ 4.5%
2022 · -€5,093
Working capital
-€245,013▲ 1.8%
2020 · -€249,500
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€5,559▲ 95.9%-€6,222▼ 11.9%-€6,459▼ 3.8%-€5,017▲ 22.3%-€5,240▼ 4.4%
Net result-€5,598▲ 96.2%-€6,262▼ 11.9%-€6,513▼ 4.0%-€5,093▲ 21.8%-€5,322▼ 4.5%
Equity-€120,899▼ 4.9%-€127,161▼ 5.2%-€133,674▼ 5.1%-€138,766▼ 3.8%-€144,089▼ 3.8%
Total assets€122,612▼ 0.6%€122,551=€111,339▼ 9.1%€100,339▼ 9.9%€89,339▼ 11.0%
Debt€243,511▲ 2.0%€249,712▲ 2.5%€245,013▼ 1.9%€239,105▼ 2.4%€233,428▼ 2.4%
Working capital-€243,238▼ 2.4%-€249,500▼ 2.6%-€245,013▲ 1.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5,240 in 2023 against €5,017 in 2022; the loss grows.
Key figures and ratios
EBITDA
€5,760▼
2022 · €5,983
Cash flow
€5,678▼
2022 · €5,907
Solvency
-161.3%▼
2022 · -138.3%
Debt to equity
-1.62▲
2022 · -1.72
ROA
-6.0%▼
2022 · -5.1%
Interest coverage
69.88▼
2022 · 79.31
Debt ≤ 1 year
€233,428▼
2022 · €239,105
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €11,000 | €11,000 | €11,000 | = |
| Other operating charges640/8 | - | - | €1,407 | €1,817 | €2,040 | ▲ 12.2% |
| Gross operating margin9900 | -€2,878 | -€4,716 | €5,948 | €7,800 | €7,800 | = |
| Operating profit (loss)9901 | -€5,559 | -€6,222 | -€6,459 | -€5,017 | -€5,240 | ▼ 4.4% |
| Financial income75/76B | - | - | €0 | - | - | - |
| Recurring financial income75 | - | - | €0 | - | - | - |
| Financial charges65/66B | - | - | €54 | €75 | €82 | ▲ 9.3% |
| Recurring financial charges65 | €39 | €40 | €54 | €75 | €82 | ▲ 9.3% |
| Profit (loss) for the period before taxes9903 | -€5,598 | -€6,262 | -€6,513 | -€5,093 | -€5,322 | ▼ 4.5% |
| Profit (loss) for the period9904 | -€5,598 | -€6,262 | -€6,513 | -€5,093 | -€5,322 | ▼ 4.5% |
| Profit (loss) for the period to be appropriated9905 | -€5,598 | -€6,262 | -€6,513 | -€5,093 | -€5,322 | ▼ 4.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €122,612 | €122,551 | €111,339 | €100,339 | €89,339 | ▼ 11.0% |
| Fixed assets21/28 | €122,339 | €122,339 | €111,339 | €100,339 | €89,339 | ▼ 11.0% |
| Tangible fixed assets22/27 | €122,339 | €122,339 | €111,339 | €100,339 | €89,339 | ▼ 11.0% |
| Land and buildings22 | - | - | €111,339 | €100,339 | €89,339 | ▼ 11.0% |
| Current assets29/58 | €273 | €212 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €216 | €212 | - | - | - | - |
| Cash at bank and in hand54/58 | €57 | - | €0 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €122,612 | €122,551 | €111,339 | €100,339 | €89,339 | ▼ 11.0% |
| Equity10/15 | -€120,899 | -€127,161 | -€133,674 | -€138,766 | -€144,089 | ▼ 3.8% |
| Contributions10/11 | €62,000 | - | €62,000 | €62,000 | €62,000 | = |
| Profit (loss) carried forward14 | -€182,899 | -€189,161 | -€195,674 | -€200,766 | -€206,089 | ▼ 2.7% |
| Amounts payable17/49 | €243,511 | €249,712 | €245,013 | €239,105 | €233,428 | ▼ 2.4% |
| Amounts payable within one year42/48 | €243,511 | €249,712 | €245,013 | €239,105 | €233,428 | ▼ 2.4% |
| Financial debts43 | - | - | - | €7 | €0 | ▼ 93.5% |
| Credit institutions430/8 | - | - | - | €7 | €0 | ▼ 93.5% |
| Trade debts44 | €7,581 | €9,480 | €1,043 | €1,390 | €348 | ▼ 75.0% |
| Suppliers440/4 | - | - | €1,043 | €1,390 | €348 | ▼ 75.0% |
| Taxes, remuneration and social security45 | - | - | €1,407 | €2,877 | €730 | ▼ 74.6% |
| Taxes450/3 | - | - | €1,407 | €2,877 | €730 | ▼ 74.6% |
| Remuneration and social security454/9 | - | - | - | - | €0 | - |
| Other amounts payable47/48 | - | - | €242,563 | €234,832 | €232,349 | ▼ 1.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,598 | -€6,262 | -€6,513 | -€5,093 | -€5,322 | ▼ 4.5% |
| + Depreciation and write-downs630 | - | - | €11,000 | €11,000 | €11,000 | = |
| Operating cash flow (approximation) | -€5,598 | -€6,262 | €4,487 | €5,907 | €5,678 | ▼ 3.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
26-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 210 days late
19-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 568 days late
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 132 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
26-04
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 269 days late
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 143 days late
22-03
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 235 days late
NBB filing
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Roeselare · 1 establishment unit since 2003
Ground area
1,160 m²
Building footprint
1,057 m²
Volume, LiDAR
15,210 m³
Parcel 36502B0133/00K000, Flanders · tallest building 21.8 m, ±6 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
SOLARYS
since 20032.132.332.093
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36502B0133/00K000 | Flanders | 1,160 m² | 1 · 1,057 m² | 21.8 m · 6 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded18-04-2003
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.