SOLVAY is a holding company in Brussel. Public Limited, started on 26 December 1863, 2 establishments.

What is the address of SOLVAY?

The registered office of SOLVAY is located at Ransbeekstraat 310, 1120 Brussel.

Is SOLVAY still active?

Yes. According to the CBE (29 October 2026) SOLVAY is active, legal situation “Normale toestand”, started on 26 December 1863.

Is SOLVAY registered on Peppol?

Yes, SOLVAY is registered on the Peppol network with ID 0208:0403091220.

What is the enterprise number of SOLVAY?

The enterprise number of SOLVAY is BE0403091220.

When was SOLVAY founded?

SOLVAY was founded on 26 December 1863.

Who are the directors of SOLVAY?

According to the 2025 annual accounts, the directors of SOLVAY are: Melchior de Vogüé, Yves Bonte, Annette Stube, Philippe Kehren , Marjan Oudeman, Pierre Gurdjian, Thomas Aebischer, Wolfgang Colberg.

Is SOLVAY a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 26 December 1863; 5 annual accounts filed, latest fiscal year 2025; 10 directors known from the annual account; 2 establishments in the CBE.

How much profit did SOLVAY make in 2025?

SOLVAY posted a profit after taxes of € 59,125,942 in financial year 2025.

What is the revenue of SOLVAY?

In its most recent annual accounts (2025), SOLVAY reported revenue of € 72,242,404.

How much does an employee at SOLVAY earn?

The average wage cost per full-time employee at SOLVAY was € 353,600 in 2025: staff costs of € 112.1 million for 317 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does SOLVAY have?

According to the 2025 annual accounts, SOLVAY has 317 full-time equivalents (FTE).

SOLVAY (Public Limited) - Brussel - BE0403091220

Dossier SOLVAY, printed on 29 October 2026 from databakkes.be/en/0403091220/solvay. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 40 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 726.4 to 317.
Busy address KBO

17 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

SOLVAY from Brussel, company number BE0403091220, closed financial year 2025 with a result of € 59.1 million after tax. For that financial year SOLVAY recorded revenue of € 72.2 million and equity of € 1.6 billion. Compared with financial year 2024, the result moved from € 227 million to € 59.1 million. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 26, 2026.

What it is worth Healthy

€ 1.6 billion

▼ 11% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 59.1 million

▼ 74% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 59.9 million

▼ 29% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 254.6 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

317

▼ 40.5 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 387.7 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 112.1 million

▼ 8% vs 2024

€ 353,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 3.2 million

▼ 8% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 1.6 billion

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 90.7 million

▼ 5% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 74 days on average.

Taxes and wages

€ 68.4 million

▼ 11% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 140,620,250 Revenue 2022: € 140,620,250 First fiscal year in the series	€ 111,128,662 Revenue 2023: € 111,128,662 ▼ 21% vs 2022 (€ 140,620,250) Unfavourable step	€ 83,637,615 Revenue 2024: € 83,637,615 ▼ 25% vs 2023 (€ 111,128,662) Unfavourable step	€ 72,242,404 Revenue 2025: € 72,242,404 ▼ 14% vs 2024 (€ 83,637,615) Unfavourable step	▼ 14%
Profit after taxes	€ 454,353,181 Profit after taxes 2022: € 454,353,181 First fiscal year in the series	€ 1,592,579,853 Profit after taxes 2023: € 1,592,579,853 ▲ 251% vs 2022 (€ 454,353,181) Favourable step	€ 227,027,189 Profit after taxes 2024: € 227,027,189 ▼ 86% vs 2023 (€ 1,592,579,853) Unfavourable step	€ 59,125,942 Profit after taxes 2025: € 59,125,942 ▼ 74% vs 2024 (€ 227,027,189) Unfavourable step	▼ 74%
Equity	€ 9,021,222,186 Equity 2022: € 9,021,222,186 First fiscal year in the series	€ 1,854,556,236 Equity 2023: € 1,854,556,236 ▼ 79% vs 2022 (€ 9,021,222,186) Unfavourable step	€ 1,824,303,733 Equity 2024: € 1,824,303,733 ▼ 2% vs 2023 (€ 1,854,556,236) Unfavourable step	€ 1,628,871,283 Equity 2025: € 1,628,871,283 ▼ 11% vs 2024 (€ 1,824,303,733) Unfavourable step	▼ 11%
Total debts	€ 6,694,010,379 Total debts 2022: € 6,694,010,379 First fiscal year in the series	€ 3,534,066,324 Total debts 2023: € 3,534,066,324 ▼ 47% vs 2022 (€ 6,694,010,379) Favourable step	€ 3,554,675,709 Total debts 2024: € 3,554,675,709 ▲ 1% vs 2023 (€ 3,534,066,324) Unfavourable step	€ 3,056,005,640 Total debts 2025: € 3,056,005,640 ▼ 14% vs 2024 (€ 3,554,675,709) Favourable step	▼ 14%
Cash	€ 611,398,811 Cash 2022: € 611,398,811 First fiscal year in the series	€ 149,268,550 Cash 2023: € 149,268,550 ▼ 76% vs 2022 (€ 611,398,811) Unfavourable step	€ 84,090,513 Cash 2024: € 84,090,513 ▼ 44% vs 2023 (€ 149,268,550) Unfavourable step	€ 59,873,293 Cash 2025: € 59,873,293 ▼ 29% vs 2024 (€ 84,090,513) Unfavourable step	▼ 29%
Land & buildings	€ 44,296,696 Land & buildings 2022: € 44,296,696 First fiscal year in the series	€ 39,795,041 Land & buildings 2023: € 39,795,041 ▼ 10% vs 2022 (€ 44,296,696) Unchanged	€ 39,157,818 Land & buildings 2024: € 39,157,818 ▼ 2% vs 2023 (€ 39,795,041) Unchanged	€ 23,916,185 Land & buildings 2025: € 23,916,185 ▼ 39% vs 2024 (€ 39,157,818) Unchanged	▼ 39%
Retained profit	€ 6,232,643,365 Retained profit 2022: € 6,232,643,365 First fiscal year in the series	€ 1,439,146,386 Retained profit 2023: € 1,439,146,386 ▼ 77% vs 2022 (€ 6,232,643,365) Unfavourable step	€ 1,408,893,884 Retained profit 2024: € 1,408,893,884 ▼ 2% vs 2023 (€ 1,439,146,386) Unfavourable step	€ 1,213,461,434 Retained profit 2025: € 1,213,461,434 ▼ 14% vs 2024 (€ 1,408,893,884) Unfavourable step	▼ 14%
Dividend	€ 428,799,485 Dividend 2022: € 428,799,485 First fiscal year in the series	€ 257,279,691 Dividend 2023: € 257,279,691 ▼ 40% vs 2022 (€ 428,799,485) Unchanged	€ 257,279,691 Dividend 2024: € 257,279,691 Unchanged (€ 257,279,691) Unchanged	€ 254,558,392 Dividend 2025: € 254,558,392 ▼ 1% vs 2024 (€ 257,279,691) Unchanged	▼ 1%
Bank debt	€ 2,428,729,978 Bank debt 2022: € 2,428,729,978 First fiscal year in the series	€ 1,586,006,097 Bank debt 2023: € 1,586,006,097 ▼ 35% vs 2022 (€ 2,428,729,978) Favourable step	€ 1,573,095,155 Bank debt 2024: € 1,573,095,155 ▼ 1% vs 2023 (€ 1,586,006,097) Favourable step	€ 1,568,030,169 Bank debt 2025: € 1,568,030,169 Unchanged (€ 1,573,095,155) Favourable step
Balance sheet total	€ 15,945,581,825 Balance sheet total 2022: € 15,945,581,825 First fiscal year in the series	€ 5,579,233,996 Balance sheet total 2023: € 5,579,233,996 ▼ 65% vs 2022 (€ 15,945,581,825) Unchanged	€ 5,575,920,247 Balance sheet total 2024: € 5,575,920,247 Unchanged (€ 5,579,233,996) Unchanged	€ 4,879,966,599 Balance sheet total 2025: € 4,879,966,599 ▼ 12% vs 2024 (€ 5,575,920,247) Unchanged	▼ 12%
Employees (FTE)	761.4 Employees (FTE) 2022: 761.4 First fiscal year in the series	726.4 Employees (FTE) 2023: 726.4 ▼ 35 vs 2022 (761.4) Unchanged	357.5 Employees (FTE) 2024: 357.5 ▼ 368.9 vs 2023 (726.4) Unchanged	317 Employees (FTE) 2025: 317 ▼ 40.5 vs 2024 (357.5) Unchanged	▼ 40.5

Key figures of SOLVAY, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to SOLVAY?

What happened at SOLVAY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Wolfgang Colberg stepped down as director. NBB
2028 Aude Thibaut de Maisières stepped down as director. NBB
2027 Melchior de Vogüé stepped down as director. NBB
2027 Yves Bonte stepped down as director. NBB
2027 Annette Stube stepped down as director. NBB
2027 Philippe Kehren stepped down as director. NBB
2027 Marjan Oudeman stepped down as director. NBB
2027 Thomas Aebischer stepped down as director. NBB

In short

From € 454.4 million profit in 2022 to € 59.1 million profit in 2025.

Paid € 25.1 million in corporate taxes since 2022.

Best year ever: 2023, with € 1.6 billion profit.

Paid out € 1.2 billion in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Solvac SA 30.8%

The Goldman Sachs Group 5.5%

UBS Group AG 3.4%

Morgan Stanley 3.3%

The stake of SOLVAY CHEMICALS INTERNATIONAL, SOLVAY STOCK OPTION MANAGEMENT, NEXT MOMENTUM CAPITAL, ARSEC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

SOLVAY

Solvay Chimica Italia S.p.A. 100%

Solvay Hungary KFT 100%

Nippon Solvay K.K. 100%

Solvay Chimie 100%

+25

The shares are held by Solvac SA (30.8%), The Goldman Sachs Group (5.5%), UBS Group AG (3.4%), Morgan Stanley (3.3%), BNP Paribas Asset Management Europe SAS (2.7%) and BNP Paribas Asset Management UK Limited (0.3%). It owns 100% of Solvay Chimica Italia S.p.A., 100% of Solvay Hungary KFT, 100% of Nippon Solvay K.K., 100% of Solvay Chimie, 100% of Solvay Silica Korea Co Ltd and 100% of Rhodia Operations itself.

Directors

According to the 2025 annual accounts

Melchior de Vogüé

Director

since 2023 · until 2027

Yves Bonte

Director

since 2023 · until 2027

Annette Stube

Director

since 2023 · until 2027

Philippe Kehren

Director

since 2023 · until 2027

Marjan Oudeman

Director

since 2023 · until 2027

Pierre Gurdjian

Chairman of the board

since 2022 · until 2026

Thomas Aebischer

Director

since 2023 · until 2027

Wolfgang Colberg

Director

since 2025 · until 2029

Thierry Bonnefous

Director

since 2023 · until 2027

Aude Thibaut de Maisières

Director

since 2020 · until 2028

Shareholders

Solvac SA

30.8%

The Goldman Sachs Group

5.5%

UBS Group AG

3.4%

Morgan Stanley

3.3%

BNP Paribas Asset Management Europe SAS

2.7%

BNP Paribas Asset Management UK Limited

0.3%

SOLVAY CHEMICALS INTERNATIONAL

100%

SOLVAY STOCK OPTION MANAGEMENT

0.2%

NEXT MOMENTUM CAPITAL

ARSEC

Participations

Solvay Chimica Italia S.p.A.

100%

Solvay Hungary KFT

100%

Nippon Solvay K.K.

100%

Solvay Chimie

100%

Solvay Silica Korea Co Ltd

100%

Rhodia Operations

100%

Solvay UK Holding Company Ltd

100%

Essential (Shanghai) Enterprise Management Co

100%

Essentials Chemicals Italy S.p.A.

100%

Solvay Chemicals International

100%

Solvay Chlorovinyls Holding

100%

Solvay GmbH

100%

Solvay Business Services Portugal

100%

Solvay Polymers and Chemicals South Africa Ltd

100%

SOLVAY FLUORIDES, LLC

100%

Essential Holding America

100%

SOLVAY POLAND SP

100%

Renestia

100%

Solvay Quimica S.L.

100%

Hestia

100%

Solvay Korea Co Ltd

100%

Solvay Fine Chemical Additives (Qingdao) Co Ltd

100%

Solvay (Shanghai) International Trading Co Ltd

100%

Solvay Asia Pacific Co Ltd

100%

Solvay Chimika

100%

Solvay Energy Services Italia Srl

51%

Qingdao Hiwin Solvay Chemicals Co., Ltd

30%

Belinka Perkemija DD

20%

Mutual Insurance and Reinsurance for Information Systems

10%

Establishments

Establishment units

Physical locations of this company

Registered office

Ransbeekstraat 310

1120 Brussel

2.102.009.301

Rue Solvay 39

5190 Jemeppe-sur-Sambre

Active since 1 January 1900

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.

All companies at this address →

Copersol

€ -8,902 gross margin · 2023

SOLVAY CHEMICALS INTERNATIONAL same network

€ 1.3 billion revenue · 2025

SOLVAY CHIMIE same network

€ 87.2 million revenue · 2025

Fonds Hannon

Hestia same network

€ 2 million revenue · 2025

+12 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0403.091.220

VAT number

BE 0403.091.220

Registered office

Ransbeekstraat 310, 1120 Brussel

Names & denominations

SOLVAY

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

26 December 1863

Peppol

Active · Active since 19 Feb 2026

Activities · NACE

Activiteiten van hoofdkantoren

Vervaardiging van andere anorganische chemische basisproducten

Vervaardiging van overige anorganische chemische basisproducten

View on CBE Public ↗ Annual accounts (NBB) ↗

SOLVAY

Warning lights

Financials

What happened to SOLVAY?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions