Financials
Financial year 2025
SOLAE BELGIUM from Ieper, company number BE0416815235, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year SOLAE BELGIUM recorded revenue of € 38.4 million and equity of € 31.4 million. Compared with financial year 2024, the result moved from € 2 million to € 1.1 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 31.4 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▼ 46% vs 2024
Profit after tax over the fiscal year.
€ 4.3 million
▼ 68% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 11.2 million.
People and assets in 2025
83.7
Average over the fiscal year, from the social balance sheet.
€ 8.4 million
▲ 5% vs 2024
€ 100,900 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5.7 million
▼ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 93 days on average.
€ 1.6 million
▼ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 45,191,172 | € 45,092,881 | € 39,418,385 | € 38,434,552 | ▼ 2% |
| Profit after taxes | € 1,535,252 | € 1,624,379 | € 2,009,719 | € 1,088,502 | ▼ 46% |
| Equity | € 26,655,079 | € 28,278,410 | € 30,287,837 | € 31,376,169 | ▲ 4% |
| Total debts | € 12,624,368 | € 13,141,323 | € 11,699,062 | € 7,309,146 | ▼ 38% |
| Cash | € 3,978,880 | € 9,497,676 | € 13,482,659 | € 4,323,518 | ▼ 68% |
| Land & buildings | € 2,341,603 | € 2,170,435 | € 1,993,759 | € 2,674,344 | ▲ 34% |
| Retained profit | € 6,519,079 | € 8,143,459 | € 10,153,178 | € 11,241,680 | ▲ 11% |
| Balance sheet total | € 39,357,798 | € 41,497,734 | € 42,064,803 | € 38,763,163 | ▼ 8% |
| Employees (FTE) | 80.9 | 81.4 | 83.7 | 83.7 |
Key figures of SOLAE BELGIUM, 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 SOLAE BELGIUM?
What happened at SOLAE BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Laszlo Karger-Kocsis stepped down as director. NBB
- Jeroen Ingelbrecht stepped down as director. NBB
- Filip Pauwels stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.1 million (▼ 46% vs 2024). Source: NBB ↗
- Wim Stragier stepped down as director. NBB
- Laszlo Karger-Kocsis became a director. NBB
- Jeroen Ingelbrecht became a director. NBB
- Wim Stragier became a director. NBB
In short
From € 1.5 million profit in 2022 to € 1.1 million profit in 2025.
Paid € 2.3 million in corporate taxes since 2022.
Best year ever: 2024, with € 2 million profit.
Pays suppliers within 93 days on average.
Management
The shares are held by SOLAE OVERSEAS BV (100%) and SOLAE HOLDINGS LLC (0%).
Directors
According to the 2025 annual accounts
since 2024 · until 2030
Wim Stragier
Director
since 2022 · until 2025
since 2025 · until 2031
Filip Pauwels
Director
since 2022 · until 2030
Shareholders
100%
SOLAE HOLDINGS LLC
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zwaanhofweg 1
8900 Ieper
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
HETZNER-CLOUD2-AS, DE
Domain
Domain
iff.com
Registered
1997-06-06
Registrar
CSC Corporate Domains, Inc.
Expires
2026-06-05
Website info
Features
Security
Details
- Company number
- 0416.815.235
- VAT number
- BE 0416.815.235
- Registered office
- Zwaanhofweg 1, 8900 Ieper
- Names & denominations
- SOLAE BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 February 1977
- Peppol
- Active · Active since 4 Dec 2025
- Contact
- iff.com
- Activities · NACE
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