What does Soleras Precision do?

Soleras Precision is a metalworking company in Izegem. Public Limited, started on 20 June 1986, 1 establishment.

What is the address of Soleras Precision?

The registered office of Soleras Precision is located at Lodewijk de Raetlaan 31, 8870 Izegem.

Is Soleras Precision still active?

Yes. According to the CBE (30 October 2026) Soleras Precision is active, legal situation “Normale toestand”, started on 20 June 1986.

Is Soleras Precision registered on Peppol?

Yes, Soleras Precision is registered on the Peppol network with ID 0208:0429052081.

What is the enterprise number of Soleras Precision?

The enterprise number of Soleras Precision is BE0429052081.

When was Soleras Precision founded?

Soleras Precision was founded on 20 June 1986.

Who are the directors of Soleras Precision?

According to the 2025 annual accounts, the directors of Soleras Precision are: Ivan Van de Putte BV, Dmitry Shaskov.

Is Soleras Precision a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 June 1986; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did Soleras Precision make in 2025?

Soleras Precision posted a profit after taxes of € 718,601 in financial year 2025.

What is the revenue of Soleras Precision?

As a small company, Soleras Precision is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,875,782.

How much does an employee at Soleras Precision earn?

The average wage cost per full-time employee at Soleras Precision was € 102,900 in 2025: staff costs of € 761,092 for 7.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Soleras Precision have?

According to the 2025 annual accounts, Soleras Precision has 7.4 full-time equivalents (FTE).

Soleras Precision (Public Limited) - Izegem

Dossier Soleras Precision, printed on 30 October 2026 from databakkes.be/en/0429052081/soleras-precision. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Soleras Precision from Izegem, company number BE0429052081, closed financial year 2025 with a result of € 718,601 after tax. For that financial year Soleras Precision recorded a gross margin of € 1.9 million and equity of € 1 million. Compared with financial year 2024, the result moved from € -435,503 to € 718,601. Profitable, and profit is growing. 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 18, 2026.

What it is worth Growing

€ 1 million

▲ 222% vs 2024

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

Profit Growing

€ 718,601

▲ still € 435,503 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 841,649

▲ 124% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 980,680.

People and assets in 2025

Full-time equivalents

7.4

▼ 3.5 vs 2024

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

Wage cost

€ 761,092

▼ 26% vs 2024

€ 102,900 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.

Vehicles and equipment

€ 766,888

▼ 20% vs 2024

Of which on lease € 720,460.

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.

€ 665,534

▼ 71% vs 2024

€ 180,590 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 623,999

▲ € 594,641 vs 2024

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

Taxes and wages

€ 104,402

▼ 43% 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	€ 1,100,114 Gross margin 2022: € 1,100,114 First fiscal year in the series	€ 871,914 Gross margin 2023: € 871,914 ▼ 21% vs 2022 (€ 1,100,114) Unfavourable step	€ 1,030,361 Gross margin 2024: € 1,030,361 ▲ 18% vs 2023 (€ 871,914) Favourable step	€ 1,875,782 Gross margin 2025: € 1,875,782 ▲ 82% vs 2024 (€ 1,030,361) Favourable step	▲ 82%
Profit after taxes	€ -42,313 Profit after taxes 2022: € -42,313 First fiscal year in the series	€ -392,555 Profit after taxes 2023: € -392,555 ▼ € 350,242 vs 2022 (€ -42,313) Unfavourable step	€ -435,503 Profit after taxes 2024: € -435,503 ▼ € 42,949 vs 2023 (€ -392,555) Unfavourable step	€ 718,601 Profit after taxes 2025: € 718,601 ▲ € 1.2 million vs 2024 (€ -435,503) Favourable step	▲ € 1.2 million
Equity	€ 512,137 Equity 2022: € 512,137 First fiscal year in the series	€ 759,582 Equity 2023: € 759,582 ▲ 48% vs 2022 (€ 512,137) Favourable step	€ 324,079 Equity 2024: € 324,079 ▼ 57% vs 2023 (€ 759,582) Unfavourable step	€ 1,042,680 Equity 2025: € 1,042,680 ▲ 222% vs 2024 (€ 324,079) Favourable step	▲ 222%
Total debts	€ 1,207,422 Total debts 2022: € 1,207,422 First fiscal year in the series	€ 2,299,205 Total debts 2023: € 2,299,205 ▲ 90% vs 2022 (€ 1,207,422) Unfavourable step	€ 2,550,487 Total debts 2024: € 2,550,487 ▲ 11% vs 2023 (€ 2,299,205) Unfavourable step	€ 1,410,864 Total debts 2025: € 1,410,864 ▼ 45% vs 2024 (€ 2,550,487) Favourable step	▼ 45%
Cash	€ 96,172 Cash 2022: € 96,172 First fiscal year in the series	€ 10,811 Cash 2023: € 10,811 ▼ 89% vs 2022 (€ 96,172) Unfavourable step	€ 376,503 Cash 2024: € 376,503 ▲ € 365,691 vs 2023 (€ 10,811) Favourable step	€ 841,649 Cash 2025: € 841,649 ▲ 124% vs 2024 (€ 376,503) Favourable step	▲ 124%
Land & buildings	€ 546,977 Land & buildings 2022: € 546,977 First fiscal year in the series	€ 1,160,236 Land & buildings 2023: € 1,160,236 ▲ 112% vs 2022 (€ 546,977) Unchanged	€ 1,126,896 Land & buildings 2024: € 1,126,896 ▼ 3% vs 2023 (€ 1,160,236) Unchanged	-
Retained profit	€ 450,137 Retained profit 2022: € 450,137 First fiscal year in the series	€ 57,582 Retained profit 2023: € 57,582 ▼ 87% vs 2022 (€ 450,137) Unfavourable step	€ -377,921 Retained profit 2024: € -377,921 ▼ € 435,503 vs 2023 (€ 57,582) Unfavourable step	€ 980,680 Retained profit 2025: € 980,680 ▲ € 1.4 million vs 2024 (€ -377,921) Favourable step	▲ € 1.4 million
Bank debt	€ 552,825 Bank debt 2022: € 552,825 First fiscal year in the series	€ 1,256,837 Bank debt 2023: € 1,256,837 ▲ 127% vs 2022 (€ 552,825) Unfavourable step	€ 2,309,841 Bank debt 2024: € 2,309,841 ▲ 84% vs 2023 (€ 1,256,837) Unfavourable step	€ 665,534 Bank debt 2025: € 665,534 ▼ 71% vs 2024 (€ 2,309,841) Favourable step	▼ 71%
Balance sheet total	€ 1,719,559 Balance sheet total 2022: € 1,719,559 First fiscal year in the series	€ 3,058,787 Balance sheet total 2023: € 3,058,787 ▲ 78% vs 2022 (€ 1,719,559) Unchanged	€ 2,874,566 Balance sheet total 2024: € 2,874,566 ▼ 6% vs 2023 (€ 3,058,787) Unchanged	€ 2,453,544 Balance sheet total 2025: € 2,453,544 ▼ 15% vs 2024 (€ 2,874,566) Unchanged	▼ 15%
Employees (FTE)	10.4 Employees (FTE) 2022: 10.4 First fiscal year in the series	10.9 Employees (FTE) 2023: 10.9 ▲ 0.5 vs 2022 (10.4) Unchanged	10.9 Employees (FTE) 2024: 10.9 Unchanged (10.9) Unchanged	7.4 Employees (FTE) 2025: 7.4 ▼ 3.5 vs 2024 (10.9) Unchanged	▼ 3.5

Key figures of Soleras Precision, 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 Soleras Precision?

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

2032 Dmitry Shaskov stepped down as director. NBB
Jun 18, 2026 New annual accounts for financial year 2025: profit of € 718,601. Source: NBB ↗
2026 Ivan Van de Putte BV stepped down as director. NBB
2026 Dmitry Shaskov became a director. NBB
2024 Ivan Van de Putte BV became a director. NBB
Jul 8, 1986 New establishment in Izegem. KBO
Jun 20, 1986 Start of the company according to the CBE. KBO

In short

From € 42,313 loss in 2022 to € 718,601 profit in 2025.

Paid € 4,774 in corporate taxes since 2022.

Best year ever: 2025, with € 718,601 profit.

On average € 253,500 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Soleras Advanced Coatings BV 100%

Gecovi 92%

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

Soleras Precision

The shares are held by Soleras Advanced Coatings BV (100%) and Gecovi (92%).

Directors

According to the 2025 annual accounts

Ivan Van de Putte BV

Director · represented by Ivan Van de Putte

Also active at: SOLERAS ADVANCED COATINGS

since 2024 · until 2026

Dmitry Shaskov

Director

since 2026 · until 2032

Shareholders

Soleras Advanced Coatings BV

100%

Gecovi

92%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Lodewijk de Raetlaan 31

8870 Izegem

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

Details

Company number: 0429.052.081
VAT number: BE 0429.052.081
Registered office: Lodewijk de Raetlaan 31, 8870 Izegem
Names & denominations: Soleras Precision
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 20 June 1986
Peppol: Active · Active since 1 Jan 2001
Activities · NACE: Smeden van metaal

View on CBE Public ↗ Annual accounts (NBB) ↗