SOLAR GROUP
0707.812.463 · rovalta.com · 24/09/2026
OPENING OF BANKRUPTCY
SOLAR GROUP
Financial year 2022 · closed on 31/12/2022
Net result
136,4 k €
+2032.5% YoY
Gross margin
246,2 k €
+2202.1% YoY
Equity
111,7 k €
+741.4% YoY
Workforce
1,5 ETP
Company — Opening of bankruptcy.
Overview
What does SOLAR GROUP do?
SOLAR GROUP is a Private limited company incorporated in 2018. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Hasselt. It employs on average 1,5 ETP workers (FTE).
Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0707.812.463
Incorporation
05/10/2018
Legal form
Private limited company
Registered office
Koning Boudewijnlaan 20A
3500 Hasselt · FlandreSee on map
3500 Hasselt · FlandreSee on map
Contributed capital
2 000,00 €
Latest accounts
31/12/2022
Average workforce
1,5 ETP
Activities (NACE)
43222Plumbing, heat and air-conditioning installation· main43222Plumbing, heat and air-conditioning installation46643Wholesale of machinery for the textile industry and of sewing and knitting machines46693Wholesale of other machinery and equipment77399Rental and leasing of other machinery, equipment and tangible goods n.e.c.77399Rental and leasing of other machinery, equipment and tangible goods n.e.c.
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 4 financial years
| 2022 | 2021 | 2020 | 2019 | ||||
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Gross margin | 246,2 k € | +2202% | 10,7 k € | -35.5% | 16,6 k € | +305% | 4,1 k € |
| EBITDA | 208,4 k € | +2088% | 9,5 k € | -2.6% | 9,8 k € | +244% | 2,8 k € |
| Operating result | 206,5 k € | +2107% | 9,4 k € | -2.6% | 9,6 k € | +4306% | 218,2 € |
| Net result | 136,4 k € | +2033% | 6,4 k € | -27.8% | 8,9 k € | +546% | -2 k € |
| Balance sheet | |||||||
| Equity | 111,7 k € | +741% | 13,3 k € | +93.0% | 6,9 k € | +447% | -2 k € |
| Total assets | 477,3 k € | +889% | 48,2 k € | +17.7% | 41 k € | +59.0% | 25,8 k € |
| Cash | 30,6 k € | +322% | 7,3 k € | -36.4% | 11,4 k € | 0 € | |
| Debts | 365,6 k € | +946% | 35 k € | +2.5% | 34,1 k € | +22.9% | 27,8 k € |
| Other | |||||||
| Workforce | 1,5 ETP | – | – | – | |||
Governance
Board of directors
Seen on filing of 31/12/2022 · 2 active · 1 ended
Active mandates
Sercan AYHAN
ActiveHamza EL HAJJAJI
ActiveEnded mandates
Hamza EL HAJJAJI
EndedAt this address
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Financials
Annual accounts
Full financial information
| 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|
| Type of account | Abridged model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/10/2018 |
| Closing of the financial year | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 15 months |
| Filing date | 24/03/2023 | 11/08/2022 | 12/01/2022 | 31/10/2020 |
| General meeting | 24/03/2023 | 06/05/2022 | 07/05/2021 | 08/09/2020 |
| Currency of the financial year | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
4 filings with the NBB
Valuation
Estimate
Indicative valuation
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2022 · 2 active · 1 ended
Active mandates
Sercan AYHAN
ActiveHamza EL HAJJAJI
ActiveEnded mandates
Hamza EL HAJJAJI
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Registered office29/09/2023MAATSCHAPPELIJKE ZETEL
- Mandates08/07/2022BENAMING - ONTSLAGEN - BENOEMINGEN
- Other24/02/2022STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates11/02/2022GESELLSCHAFTSSITZ - GEGENSTAND - KAPITAL - AKTIEN - ENTLASSUNG - ERNENNUNG - SATZUNGEN (UEBERSETZUNG, KOORDINATION, ANDERE AENDERUNGEN, )
- Other09/10/2018RUBRIK GRUENDUNG (NEUE RECHTSPERSON, EROEFFNUNG FILIALE, USW)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2022Annual accounts 2022136,4 k €↑
- 2021Annual accounts 20216,4 k €↓
- 2021Name changeSolar Group
- 2020Annual accounts 20208,9 k €↑
- 2019Annual accounts 2019-2 k €
- 2019Name changeE.L.I Group
- 05/10/2018IncorporationPrivate limited company