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SUNTRONICS SOLAR

Active
Private limited companyfounded 201511 years activeToor 4, 8880 Ledegem, BelgiumKBO/BCE: BE 0568.568.369
Summary

SUNTRONICS SOLAR has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €498,269 and a net result of €670,131. Equity is growing by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 23% of 9,546 sector peers (NACE 43, fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
General electrical installation work
NACE 43211
#2 employer in Ledegem, Construction sector3 sites
Size
€2.2mtotal assets 2025
Staff
28 FTE
Equity
€498,269
Profit
€670,131
Turnover not published (abridged schema)
Financial health
83 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.4%
Structure
Parent
SUNTRONICS · 100%
Holdings
1
Accounts 101 days early0 of 9 deeds read
Why 83- Sector Specialised construction activities (NACE 43)- Equity €498,269 (22.2% of total assets)+ Figures for FY 2025 (filed 23-04-2026)+ Founded in 2015Show the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 49% of its sector peers (NACE 43, small)
Financial strength · tick = 2024
Strong
Solvency 47+8
equity 22.2% of total assets
Liquidity 34+7
short-term debt 64.9% · cash 14.8%
Profitability 100+6
return on assets 29.8%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,636 companies)
Last 24 months 11-2024: 1.3% 12-2024: 1.3%● unchanged vs 11-2024 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.5%▲ +0.2 percentage points vs 03-2025 05-2025: 1.9%▲ +0.4 percentage points vs 04-2025highest value 06-2025: 1.2%▼ -0.7 percentage points vs 05-2025 07-2025: 1.1%▼ -0.1 percentage points vs 06-2025 08-2025: 1.1%● unchanged vs 07-2025 09-2025: 1.1%● unchanged vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.0%▼ -0.1 percentage points vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.1%▲ +0.1 percentage points vs 01-2026 03-2026: 1.2%▲ +0.1 percentage points vs 02-2026 04-2026: 0.9%▼ -0.3 percentage points vs 03-2026 05-2026: 0.4%▼ -0.5 percentage points vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026lowest value
Credit up to €40,000 at 30 days acceptable
Liquidity tight (current ratio 1.08 against 1.26 in 2024; short-term debt: 64.9% and cash: 14.8% of total assets), and 77.8% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small): better than 25% on solvency, 30% on liquidity, 98% on profitability and 42% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Sector Specialised construction activities (NACE 43)
KBO
raises risk · Equity €498,269 (22.2% of total assets)
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 23-04-2026)
NBB · annual accounts
lowers risk · Founded in 2015
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 9546 sector peers (2025).
NBB · sector comparison
Position among 9546 sector peers
Solvency
better than 23%
← weakest strongest →
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 21-04-2026, 101 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
101 days early
2024
69 days early
2023
96 days early
2022
125 days early
2021
84 days early
2020
44 days early
2019
43 days early
← 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 80 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% 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 27 April (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Positive: Among the best 5% on net resultsector median €27,689 · 9,539 companies €670,131 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by SUNTRONICS 100% View
  • Positive: 7 profitable years in a rowprofit 2025: €670,131 7 years View

By topic

Financials

Fiscal year
2025
Total assets
€2.2m
Profit
€670,131
Solvency
22.2%
Total assets▼ 36.7%
Net result
20192025
Go to Financials

Timeline

Events
12
Since
2016
Next accounts
by 31-07-2027
  1. 28-09-2022Annual accounts filed
  2. 30-06-2022Highest result since 2019
  3. 08-11-2021Annual accounts filed
Go to Timeline

Company details

Sites
3
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
09-01-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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