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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SOLMARES from Kasterlee, company number BE0446275026, closed financial year 2025 with a result of € -9,470 after tax. For that financial year SOLMARES recorded a gross margin of € -8,637 and equity of € -41,238. Compared with financial year 2024, the result moved from € -11,094 to € -9,470. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 8, 2026.
€ -41,238
▼ € 9,520 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,470
▲ 15 % less loss than in 2024
Profit after tax over the fiscal year.
€ 2,040
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -59,838.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 168
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 877
Supplier invoices still open on the last day of the fiscal year.
€ 4,207
▲ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 22,622 | € -651 | € -9,401 | € -8,637 | ▲ € 764 |
| Profit after taxes | € 20,096 | € -1,512 | € -11,094 | € -9,470 | ▲ € 1,624 |
| Equity | € -19,112 | € -20,624 | € -31,718 | € -41,238 | ▼ € 9,520 |
| Total debts | € 93,221 | € 99,756 | € 75,079 | € 55,865 | ▼ 26% |
| Cash | € 510 | € 8 | - | € 2,040 | |
| Retained profit | € -37,712 | € -39,224 | € -50,318 | € -59,838 | ▼ € 9,520 |
| Bank debt | € 0 | € 3,294 | € 7,242 | € 0 | ▼ 100% |
| Balance sheet total | € 74,110 | € 79,132 | € 43,361 | € 14,627 | ▼ 66% |
Key figures of SOLMARES, 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 SOLMARES?
What happened at SOLMARES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9,470. filed late Source: NBB ↗
- New establishment in Kasterlee. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,096 profit in 2022 to € 9,470 loss in 2025.
Best year ever: 2022, with € 20,096 profit.
Management
Behind SOLMARES is Etienne Sterckx.
Directors
According to the 2025 annual accounts
Etienne Sterckx
Bestuurder
Establishments
Establishment units
Physical locations of this company
Breemakkers 38
2460 Kasterlee
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0446.275.026
- VAT number
- BE 0446.275.026
- Registered office
- Breemakkers 38, 2460 Kasterlee
- Names & denominations
- SOLMARES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 January 1992
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden