What does SOLITHERM do?

SOLITHERM is registered with the CBE as active in: Vormen en bewerken van vlakglas. Public Limited, started on 2 June 1969, 1 establishment.

What is the address of SOLITHERM?

The registered office of SOLITHERM is located at Caseelstraat 124, 8790 Waregem.

Is SOLITHERM still active?

Yes. According to the CBE (29 October 2026) SOLITHERM is active, legal situation “Normale toestand”, started on 2 June 1969.

Is SOLITHERM registered on Peppol?

Yes, SOLITHERM is registered on the Peppol network with ID 0208:0406724760.

What is the enterprise number of SOLITHERM?

The enterprise number of SOLITHERM is BE0406724760.

When was SOLITHERM founded?

SOLITHERM was founded on 2 June 1969.

Who are the directors of SOLITHERM?

According to the 2025 annual accounts, the directors of SOLITHERM are: DEMACO INVEST BV, Patrick Hoornaert, ALT 1912 INVEST BV, HOOCAF NV, IDUSA NV.

Is SOLITHERM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 June 1969; 5 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did SOLITHERM make in 2025?

SOLITHERM posted a profit after taxes of € 71,933 in financial year 2025.

What is the revenue of SOLITHERM?

As a small company, SOLITHERM is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 2,911,590.

How much does an employee at SOLITHERM earn?

The average wage cost per full-time employee at SOLITHERM was € 58,800 in 2025: staff costs of € 2 million for 34.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does SOLITHERM have?

According to the 2025 annual accounts, SOLITHERM has 34.5 full-time equivalents (FTE).

Does SOLITHERM have a website?

Yes, SOLITHERM has a website at solitherm.be.

SOLITHERM (Public Limited) - Waregem - BE0406724760

Dossier SOLITHERM, printed on 29 October 2026 from databakkes.be/en/0406724760/solitherm. 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 56 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 40.4 to 34.5.

Financials

Financial year 2025

SOLITHERM from Waregem, company number BE0406724760, closed financial year 2025 with a result of € 71,933 after tax. For that financial year SOLITHERM recorded a gross margin of € 2.9 million and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 839,307 to € 71,933. 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 July 9, 2026.

What it is worth Healthy

€ 1.8 million

▼ 26% vs 2024

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

Profit Healthy

€ 71,933

▼ 91% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 334,146

▼ 60% vs 2024

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

Where the profit goes Pays out

€ 1.6 million paid out

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

People and assets in 2025

Full-time equivalents

34.5

▼ 4.7 vs 2024

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

Wage cost

€ 2 million

▼ 14% vs 2024

€ 58,800 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

€ 289,017

▼ 30% vs 2024

Of which on lease € 204,157.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 3.1 million

▲ 3% vs 2024

€ 520,298 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 363,823

▼ 42% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 166,493

▼ 23% 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
Gross margin	€ 3,228,481 Gross margin 2022: € 3,228,481 First fiscal year in the series	€ 4,068,636 Gross margin 2023: € 4,068,636 ▲ 26% vs 2022 (€ 3,228,481) Favourable step	€ 4,148,623 Gross margin 2024: € 4,148,623 ▲ 2% vs 2023 (€ 4,068,636) Favourable step	€ 2,911,590 Gross margin 2025: € 2,911,590 ▼ 30% vs 2024 (€ 4,148,623) Unfavourable step	▼ 30%
Profit after taxes	€ 446,083 Profit after taxes 2022: € 446,083 First fiscal year in the series	€ 810,421 Profit after taxes 2023: € 810,421 ▲ 82% vs 2022 (€ 446,083) Favourable step	€ 839,307 Profit after taxes 2024: € 839,307 ▲ 4% vs 2023 (€ 810,421) Favourable step	€ 71,933 Profit after taxes 2025: € 71,933 ▼ 91% vs 2024 (€ 839,307) Unfavourable step	▼ 91%
Equity	€ 2,176,369 Equity 2022: € 2,176,369 First fiscal year in the series	€ 2,186,790 Equity 2023: € 2,186,790 Unchanged (€ 2,176,369) Favourable step	€ 2,426,097 Equity 2024: € 2,426,097 ▲ 11% vs 2023 (€ 2,186,790) Favourable step	€ 1,800,027 Equity 2025: € 1,800,027 ▼ 26% vs 2024 (€ 2,426,097) Unfavourable step	▼ 26%
Total debts	€ 5,176,504 Total debts 2022: € 5,176,504 First fiscal year in the series	€ 4,979,639 Total debts 2023: € 4,979,639 ▼ 4% vs 2022 (€ 5,176,504) Favourable step	€ 4,437,594 Total debts 2024: € 4,437,594 ▼ 11% vs 2023 (€ 4,979,639) Favourable step	€ 3,686,555 Total debts 2025: € 3,686,555 ▼ 17% vs 2024 (€ 4,437,594) Favourable step	▼ 17%
Cash	€ 661,795 Cash 2022: € 661,795 First fiscal year in the series	€ 570,081 Cash 2023: € 570,081 ▼ 14% vs 2022 (€ 661,795) Unfavourable step	€ 831,951 Cash 2024: € 831,951 ▲ 46% vs 2023 (€ 570,081) Favourable step	€ 334,146 Cash 2025: € 334,146 ▼ 60% vs 2024 (€ 831,951) Unfavourable step	▼ 60%
Land & buildings	€ 1,599,111 Land & buildings 2022: € 1,599,111 First fiscal year in the series	€ 1,841,363 Land & buildings 2023: € 1,841,363 ▲ 15% vs 2022 (€ 1,599,111) Unchanged	€ 1,839,987 Land & buildings 2024: € 1,839,987 Unchanged (€ 1,841,363) Unchanged	€ 2,589,873 Land & buildings 2025: € 2,589,873 ▲ 41% vs 2024 (€ 1,839,987) Unchanged	▲ 41%
Retained profit	€ 1,536,369 Retained profit 2022: € 1,536,369 First fiscal year in the series	€ 1,546,790 Retained profit 2023: € 1,546,790 ▲ 1% vs 2022 (€ 1,536,369) Favourable step	€ 1,786,097 Retained profit 2024: € 1,786,097 ▲ 15% vs 2023 (€ 1,546,790) Favourable step	€ 308,030 Retained profit 2025: € 308,030 ▼ 83% vs 2024 (€ 1,786,097) Unfavourable step	▼ 83%
Dividend	€ 219,882 Dividend 2022: € 219,882 First fiscal year in the series	€ 800,000 Dividend 2023: € 800,000 ▲ 264% vs 2022 (€ 219,882) Unchanged	€ 600,000 Dividend 2024: € 600,000 ▼ 25% vs 2023 (€ 800,000) Unchanged	€ 1,550,000 Dividend 2025: € 1,550,000 ▲ 158% vs 2024 (€ 600,000) Unchanged	▲ 158%
Bank debt	€ 3,586,308 Bank debt 2022: € 3,586,308 First fiscal year in the series	€ 3,390,095 Bank debt 2023: € 3,390,095 ▼ 5% vs 2022 (€ 3,586,308) Favourable step	€ 2,997,817 Bank debt 2024: € 2,997,817 ▼ 12% vs 2023 (€ 3,390,095) Favourable step	€ 3,089,250 Bank debt 2025: € 3,089,250 ▲ 3% vs 2024 (€ 2,997,817) Unfavourable step	▲ 3%
Balance sheet total	€ 7,352,873 Balance sheet total 2022: € 7,352,873 First fiscal year in the series	€ 7,166,429 Balance sheet total 2023: € 7,166,429 ▼ 3% vs 2022 (€ 7,352,873) Unchanged	€ 6,863,691 Balance sheet total 2024: € 6,863,691 ▼ 4% vs 2023 (€ 7,166,429) Unchanged	€ 5,486,582 Balance sheet total 2025: € 5,486,582 ▼ 20% vs 2024 (€ 6,863,691) Unchanged	▼ 20%
Employees (FTE)	41.3 Employees (FTE) 2022: 41.3 First fiscal year in the series	40.4 Employees (FTE) 2023: 40.4 ▼ 0.9 vs 2022 (41.3) Unchanged	39.2 Employees (FTE) 2024: 39.2 ▼ 1.2 vs 2023 (40.4) Unchanged	34.5 Employees (FTE) 2025: 34.5 ▼ 4.7 vs 2024 (39.2) Unchanged	▼ 4.7

Key figures of SOLITHERM, 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 SOLITHERM?

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

2031 ALT 1912 INVEST BV stepped down as director. NBB
2031 IDUSA NV stepped down as director. NBB
Jul 9, 2026 New annual accounts for financial year 2025: profit of € 71,933 (▼ 91% vs 2024). Source: NBB ↗
2025 Patrick Hoornaert stepped down as director. NBB
2025 ALT 1912 INVEST BV became a director. NBB
2025 HOOCAF NV stepped down as director. NBB
2025 IDUSA NV became a director. NBB
2025 DEMACO INVEST BV stepped down as director. NBB

In short

From € 446,083 profit in 2022 to € 71,933 profit in 2025.

Paid € 566,284 in corporate taxes since 2022.

Best year ever: 2024, with € 839,307 profit.

On average € 84,400 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

HOOCAF 100%

DEMACO INVEST 100%

The stake of HOOCAF, DEMACO INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

SOLITHERM

The shares are held by HOOCAF (100%) and DEMACO INVEST (100%).

Directors

According to the 2025 annual accounts

DEMACO INVEST BV

Director · represented by Patrick Hoornaert

· until 2025

Patrick Hoornaert

Director

Also active at: DEMACO INVEST, HOOCAF, HOOP, Pharma Zoute

since 2025 · until 2025

ALT 1912 INVEST BV

Managing director · represented by Dave Cafmeyer

Also active at: DEMACO INVEST, HOOCAF

since 2025 · until 2031

HOOCAF NV

Director · represented by Philippe Hoornaert

Also active at: DEMACO INVEST

· until 2025

IDUSA NV

Director · represented by Julius Sanders

Also active at: Barton AP

since 2025 · until 2031

Shareholders

HOOCAF

100%

DEMACO INVEST

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Caseelstraat 124

8790 Waregem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

HOOCAF same network

€ 521,546 gross margin · 2025

CAFMILLERS

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

Website

HTTPS solitherm.be

Canonical: https://www.solitherm.be/

Technologies

Adobe FontsApacheCookie ConsentGoogle Tag ManagerPWAreCAPTCHA

Hosting & Email

Email provider

Microsoft 365

Hosting

UPCLOUD, FI

Website info

HTTPS Ja

Languages FR, NL

Features

Webshop Newsletter Ads

Security

✓ HTTPS

✓ SPF

✓ DMARC

Network

✓ IPv6

Details

Company number

0406.724.760

VAT number

BE 0406.724.760

Registered office

Caseelstraat 124, 8790 Waregem

Names & denominations

SOLITHERM

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

2 June 1969

Peppol

Active · Active since 21 Oct 2026

Contact

solitherm.be +32 56 60 37 72

Activities · NACE

Vormen en bewerken van vlakglas

Vervaardiging van vlakglas

Ontwikkeling van residentiële bouwprojecten

Projectontwikkeling voor woningbouw

View on CBE Public ↗ Annual accounts (NBB) ↗

SOLITHERM

Warning lights

Financials

What happened to SOLITHERM?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Website

Technologies

Hosting & Email

Website info

Features

Security

Network

Details

Frequently asked questions