Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SOLAR TURBINES EUROPE from Braine-l'Alleud, company number BE0438995076, closed financial year 2025 with a result of € 21.5 million after tax. For that financial year SOLAR TURBINES EUROPE recorded revenue of € 514.7 million and equity of € 79.3 million. Compared with financial year 2024, the result moved from € 36.7 million to € 21.5 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ 79.3 million
▲ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21.5 million
▼ 42% vs 2024
Profit after tax over the fiscal year.
€ 2.4 million
▲ 24% 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 € 69.1 million.
People and assets in 2025
349
▲ 23 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 71.8 million
▼ 1% vs 2024
€ 205,700 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.
€ 547,847
▼ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 233.4 million
▲ 73% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 191 days on average.
€ 22.4 million
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 422,965,919 | € 454,785,126 | € 486,004,988 | € 514,734,786 | ▲ 6% |
| Profit after taxes | € 19,456,758 | € 15,465,221 | € 36,734,059 | € 21,454,165 | ▼ 42% |
| Equity | € 41,011,659 | € 81,118,548 | € 57,852,607 | € 79,306,772 | ▲ 37% |
| Total debts | € 210,109,131 | € 270,852,508 | € 300,420,772 | € 313,504,965 | ▲ 4% |
| Cash | € 2,274,796 | € 2,731,056 | € 1,939,076 | € 2,412,151 | ▲ 24% |
| Land & buildings | € 2,438,010 | € 1,961,662 | € 2,044,176 | € 1,915,652 | ▼ 6% |
| Retained profit | € 30,841,659 | € 70,948,548 | € 47,682,607 | € 69,136,772 | ▲ 45% |
| Dividend | € 55,000,000 | € 0 | € 60,000,000 | € 0 | ▼ 100% |
| Balance sheet total | € 252,176,468 | € 366,051,878 | € 366,186,052 | € 394,836,665 | ▲ 8% |
| Employees (FTE) | 375 | 343 | 326 | 349 | ▲ 23 |
Key figures of SOLAR TURBINES EUROPE, fiscal years 2021 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 SOLAR TURBINES EUROPE?
What happened at SOLAR TURBINES EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Xavier Dupret stepped down as director. NBB
- Henrik Scherer stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 21.5 million (▼ 42% vs 2024). Source: NBB ↗
- Eddy Rowet stepped down as director. NBB
- Henrik Nielsen stepped down as director. NBB
- Manoj Dutt stepped down as director. NBB
- Aurore de Ville de Goyet stepped down as director. NBB
- Xavier Dupret became a director. NBB
In short
From € 19.5 million profit in 2021 to € 21.5 million profit in 2025.
Paid € 35.8 million in corporate taxes since 2021.
Best year ever: 2024, with € 36.7 million profit.
Paid out € 115 million in dividends to the owners in total.
A new publication or filing at SOLAR TURBINES EUROPE? We notify you, reason included.
Follow SOLAR TURBINES EUROPEDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Caterpillar Belgium Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SOLAR TURBINES EUROPEThe shares are held by Caterpillar Belgium Holding (100%). It owns 100% of Solar Turbines Middle East Limited, 100% of Solar Turbines Central Asia LLP, 100% of Solar Turbines West-Africa sprlu and 60% of Solar Turbines Services Nigeria LTD itself.
Directors
According to the 2025 annual accounts
Eddy Rowet
Managing director
since 2025 · until 2026
Xavier Dupret
Director
since 2026 · until 2028
Henrik Nielsen
Managing director
since 2025 · until 2026
Manoj Dutt
Director
since 2025 · until 2026
Aurore de Ville de Goyet
Director
since 2025 · until 2026
Henrik Scherer
Managing director
since 2026 · until 2028
Shareholders
Participations
Solar Turbines Middle East Limited
100%
Solar Turbines Central Asia LLP
100%
Solar Turbines West-Africa sprlu
100%
Solar Turbines Services Nigeria LTD
60%
Establishments
Establishment units
Physical locations of this company
Avenue de Finlande 8
1420 Braine-l'Alleud
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →SCHENK
€ 28.6 million revenue · 2025
Caterpillar Belgium Holding same network
SELLIGENT
€ 46.2 million revenue · 2025
LANDEWYCK TOBACCO BELGIUM
€ 66.3 million revenue · 2025
CATERPILLAR FINANCIAL SERVICES BELGIUM
€ 6.4 million revenue · 2025
+5 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
- 0438.995.076
- VAT number
- BE 0438.995.076
- Registered office
- Avenue de Finlande 8, 1420 Braine-l'Alleud
- Names & denominations
- SOLAR TURBINES EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 November 1989
- Peppol
- Active · Active since 7 Dec 2025
- Contact
- +32)02/622.6100
- Activities · NACE
Vervaardiging van motoren en turbines, exclusief motoren voor luchtvaartuigen, motorvoertuigen en bromfietsen
Groothandel in elektrisch materiaal, inclusief installatiemateriaal
Vervaardiging van overige gereedschapswerktuigen voor de metaalbewerking
Vervaardiging van niet-verspanende machines voor de metaalbewerking en van gereedschapswerktuigen voor metaalbewerking
Groothandel in metalen en metaalertsen
Vervaardiging van overige machines en apparaten voor algemeen gebruik, neg
Groothandel in andere machines en werktuigen, neg
Vervaardiging van andere gereedschapswerktuigen, n.e.g.
+1