Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Shrinking team NBB
FTE fell two years in a row, from 24.2 to 16.5.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SOLVAS RISK from Lievegem, company number BE0437928769, closed financial year 2025 with a result of € 143,524 after tax. For that financial year SOLVAS RISK recorded a gross margin of € 1.8 million and equity of € 636,375. Compared with financial year 2024, the result moved from € 12,335 to € 143,524. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 636,375
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 143,524
▲ € 131,188 vs 2024
Profit after tax over the fiscal year.
€ 65,439
▼ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 136,000 paid out
95 % of the profit went to the shareholders, mostly to SOLVAS (100 % of the shares). That is where the money ends up.
People and assets in 2025
16.5
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▲ 2% vs 2024
€ 73,200 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.
€ 7,472
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.2 million
▼ 16% vs 2024
€ 397,138 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 2.8 million
▲ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 132,574
▲ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,272,574 | € 2,115,153 | € 1,712,387 | € 1,831,132 | ▲ 7% |
| Profit after taxes | € 4,421 | € 62,910 | € 12,335 | € 143,524 | ▲ € 131,188 |
| Equity | € 379,903 | € 616,516 | € 628,851 | € 636,375 | ▲ 1% |
| Total debts | € 4,377,832 | € 4,283,311 | € 5,203,707 | € 5,880,605 | ▲ 13% |
| Cash | € 294,829 | € 377,411 | € 142,257 | € 65,439 | ▼ 54% |
| Retained profit | € 272,572 | € 430,241 | € 442,576 | € 450,100 | ▲ 2% |
| Dividend | € 0 | € 0 | € 0 | € 136,000 | |
| Bank debt | € 3,034,839 | € 3,011,785 | € 2,601,396 | € 2,189,065 | ▼ 16% |
| Balance sheet total | € 4,757,735 | € 4,899,827 | € 5,832,558 | € 6,516,979 | ▲ 12% |
| Employees (FTE) | 17 | 24.2 | 17.5 | 16.5 | ▼ 1 |
Key figures of SOLVAS RISK, 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 SOLVAS RISK?
What happened at SOLVAS RISK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 143,524 (▲ € 131,188 vs 2024). filed late Source: NBB ↗
- New establishment in Maldegem. KBO
- New establishment in Oostende. KBO
- SOLVAS BV became a director. NBB
- New establishment in Lievegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,421 profit in 2022 to € 143,524 profit in 2025.
Paid € 114,492 in corporate taxes since 2022.
Best year ever: 2025, with € 143,524 profit.
On average € 111,000 of value added per employee in 2025.
Management
The stake of SOLVAS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SOLVAS RISKBehind SOLVAS RISK is SOLVAS BV. The shares are held by SOLVAS (100%).
Directors
According to the 2025 annual accounts
Director · represented by Dominique Willems
Also active at: KANTOOR PATTYN, SOLVAS FINANCE, Solvas Life
since 2014
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zomerlaan 1
9930 Lievegem
Koning Leopoldlaan 12 box 0/001
9990 Maldegem
Active since 1 January 2024
Roerdompstraat 1
8400 Oostende
Active since 1 January 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →SOLVAS FINANCE same network
€ 240,340 gross margin · 2025
CONSEA IMMO
€ 150,875 gross margin · 2025
IMMO-WILLEMS
€ 213,158 gross margin · 2025
Solvas Life same network
€ 137,180 gross margin · 2025
SOLVAS CONSULTANCY
€ 23,734 gross margin · 2025
+8 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
- 0437.928.769
- VAT number
- BE 0437.928.769
- Registered office
- Zomerlaan 1, 9930 Lievegem
- Names & denominations
- SOLVAS RISK · Solvas
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 June 1989
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van verzekeringsagenten en -makelaars