Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2024; threshold 65 %.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
SOLAR CONCEPT from Namur, company number BE0897662249, closed financial year 2024 with a result of € -281,713 after tax. For that financial year SOLAR CONCEPT recorded a gross margin of € 264,242 and equity of € 178,159. Compared with financial year 2023, the result moved from € 21,031 to € -281,713. The company made a loss. The buffer shrank hard: equity is 61 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2025.
€ 178,159
▼ 61% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -281,713
▼ still € 21,031 profit in 2023
Profit after tax over the fiscal year.
€ 603
▼ 93% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -62,267.
People and assets in 2024
€ 448,223
▼ 28% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 39,451
▼ 27% vs 2023
Of which on lease € 25,765.
Debts at end 2024
€ 643,110
▼ 8% vs 2023
€ 45,004 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 293,416
▼ 14% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 272,352
▲ 117% vs 2023
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 537,795 | € 686,247 | € 730,689 | € 264,242 | ▼ 64% |
| Profit after taxes | € 34,381 | € 9,175 | € 21,031 | € -281,713 | ▼ € 302,744 |
| Equity | € 262,336 | € 270,754 | € 460,504 | € 178,159 | ▼ 61% |
| Total debts | € 1,135,649 | € 1,105,050 | € 1,214,952 | € 1,255,336 | ▲ 3% |
| Cash | € 2,555 | € 2,478 | € 8,174 | € 603 | ▼ 93% |
| Land & buildings | € 875,536 | € 857,448 | € 1,000,172 | € 979,128 | ▼ 2% |
| Retained profit | € 191,099 | € 200,274 | € 221,306 | € -62,267 | ▼ € 283,573 |
| Bank debt | € 691,512 | € 717,413 | € 696,440 | € 643,110 | ▼ 8% |
| Balance sheet total | € 1,397,985 | € 1,375,804 | € 1,675,456 | € 1,433,496 | ▼ 14% |
| Employees (FTE) | 8 | 9.1 | - | - |
Key figures of SOLAR CONCEPT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to SOLAR CONCEPT?
What happened at SOLAR CONCEPT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
SOLAR CONCEPT is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 281,713 (▼ € 302,744 vs 2023). Source: NBB ↗
- New establishment in Namur. KBO
- Start of the company according to the CBE. KBO
In short
From € 34,381 profit in 2021 to € 281,713 loss in 2024.
Paid € 11,168 in corporate taxes since 2021.
Best year ever: 2021, with € 34,381 profit.
On average € 75,400 of value added per employee in 2022.
A new publication or filing at SOLAR CONCEPT? We notify you, reason included.
Follow SOLAR CONCEPTDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind SOLAR CONCEPT is HUGUES VERHAEGEN.
Directors
According to the 2024 annual accounts
HUGUES VERHAEGEN
Managing director
Establishments
Establishment units
Physical locations of this company
Rue de l'Innovation(RH) 1
5020 Namur
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0897.662.249
- VAT number
- BE 0897.662.249
- Registered office
- Rue de l'Innovation(RH) 1, 5020 Namur
- Names & denominations
- SOLAR CONCEPT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 24 April 2008
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Overige bouwinstallatie
Overige bouwinstallatie, n.e.g.
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit