Skip to content

VORSSELMANS SOLAR

Active
Public limited companyfounded 2008active for 18 yearsWuustwezelseweg 95, 2990 Wuustwezel, BelgiumKBO/BCE: BE 0806.700.203
Summary

VORSSELMANS SOLAR has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €390,848. Equity is growing by about 7.7% per year across the filed financial years. Its solvency ranks better than 83% of 9,799 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
VORSSELMANS SOLARActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Activity
General electrical installation work
NACE 43211
7th largest company by equity in Wuustwezel, Construction sector1 site
Size
€2.4mtotal assets 2025
Staff
7.6 FTE
Equity
€1.8m
Profit
€390,848
Turnover not published (abbreviated format)
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Parent
COMAVOR · 89.9%
  • VORNEXManaging director · permanent representative Kristel Vorsselmans
2025 accounts 27 days early2 of 8 deeds summarised
Why 96lowers riskLiquidity: current ratio 3.96, cash €722,380Founded in 2008Equity €1.8m (74.5% of total assets)Profit of €390,848 (financial year 2025)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 70% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100+17
equity 74.5% of total assets
Liquidity 78+34
short-term debt 24.4% · cash 29.8%
Profitability 89-11
return on assets 16.1%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,613 companies, NACE 43, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026highest value 05-2026: < 0.1%▼ -0.2 percentage points vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €170,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.96, compared with 2.35 in 2024, above the usual 1.5; short-term debt: 24.4% and cash: 29.8% of total assets), and 25.5% of the assets are financed with debt and provisions.
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, micro): better than 80% on solvency, 76% on liquidity, 74% on profitability and 47% on growth.

The bankruptcy probability was computed on 23-10-2026 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).

Credit check for your own amount and term

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

Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 3.96, cash €722,380
NBB · annual accounts
lowers risk · Founded in 2008
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €1.8m (74.5% of total assets)
NBB · annual accounts
lowers risk · Profit of €390,848 (financial year 2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 03-04-2026, 27 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
27 days early
2024
40 days early
2023
49 days early
2022
34 days early
2021
18 days early
2020
52 days early
2019
60 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 40 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 27 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end24-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: GEBO SOLUTIONS (director)Permanent representative: Gert BODEN
  2. Resignation: Comavor NV (director)Permanent representative: Kristel Vorsselmans ·…
  3. Annual accounts filedfinancial year 2025 · abbreviated…

Key points

  • Caution: Board changedlatest change 24-06-2026 · 1 in office 1 joined · 2 left View
  • Positive: Among the best 5% on net resultsector median €27,020 · 9,791 companies €390,848 View
  • Caution: Result fell in 2025from €741,451 to €390,848 ▼ 47.3% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by COMAVOR 89.9% View
  • Positive: 7 profitable years in a rowprofit 2025: €390,848 7 years View

By topic

Financials

Financial year
2025
Total assets
€2.4m
Profit
€390,848
Solvency
74.5%
Total assets▼ 17.8%
Net result
20192025
Go to Financials

Timeline

Events
20
Since
2010
Next accounts
by 30-04-2027
  1. 21-03-2025Annual accounts filed
  2. 12-03-2024Annual accounts filed
  3. 30-09-2023Highest result from 2019 to 2025
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
General electrical installation workNACE 43211
Founded
30-09-2008
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Key facts about VORSSELMANS SOLAR

What is the company number of VORSSELMANS SOLAR?
0806.700.203. In Belgium the VAT number is the company number with BE in front: BE 0806.700.203.
Where is VORSSELMANS SOLAR based?
The registered office is at Wuustwezelseweg 95, 2990 Wuustwezel.Company details
What does VORSSELMANS SOLAR do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of VORSSELMANS SOLAR?
Public limited company (NV).
When was VORSSELMANS SOLAR founded?
On 30-09-2008.
Is VORSSELMANS SOLAR still active?
Yes, VORSSELMANS SOLAR is an active enterprise in the KBO register.
How many employees does VORSSELMANS SOLAR have?
On average 7.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of VORSSELMANS SOLAR?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is VORSSELMANS SOLAR profitable?
In financial year 2025, VORSSELMANS SOLAR made a profit of €390,848.
Where can I find the annual accounts of VORSSELMANS SOLAR?
VORSSELMANS SOLAR filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VORSSELMANS SOLAR due?
By 30-04-2027, for financial year 2026.Timeline

Companies related to VORSSELMANS SOLAR

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies

Your own company? See how customers, suppliers and banks see it and what to improve first.

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

We would like to set cookies. That happens only with your consent. What we measure