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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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Busy address KBO
75 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
SOLUCIOUS from Halle, company number BE0448692207, closed financial year 2026 with a result of € -20.9 million after tax. For that financial year SOLUCIOUS recorded revenue of € 325.8 million and equity of € 14.2 million. Compared with financial year 2025, the result moved from € -4.5 million to € -20.9 million. The company made a loss. 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 29, 2026.
€ 14.2 million
▲ 56% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20.9 million
▼ 362 % more loss than in 2025
Profit after tax over the fiscal year.
€ 8.6 million
▲ € 7.5 million vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -15.5 million.
People and assets in 2026
897.6
▲ 92.7 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 52.7 million
▲ 15% vs 2025
€ 58,700 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.
€ 33,500
▼ 29% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 15.4 million
▼ 20% vs 2025
Loans from banks and other lenders, long and short.
€ 44.2 million
▼ 6% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 57 days on average.
€ 16.3 million
▲ 11% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 218,608,521 | € 272,757,135 | € 307,338,827 | € 325,792,348 | ▲ 6% |
| Profit after taxes | € 2,230,176 | € -4,176,986 | € -4,518,362 | € -20,859,076 | ▼ € 16.3 million |
| Equity | € 17,714,461 | € 13,677,351 | € 9,121,524 | € 14,233,299 | ▲ 56% |
| Total debts | € 53,694,623 | € 65,930,178 | € 86,354,680 | € 80,823,779 | ▼ 6% |
| Cash | € 528 | € 654 | € 1,016,609 | € 8,564,263 | ▲ € 7.5 million |
| Retained profit | € 5,486,345 | € 1,309,359 | € -3,209,003 | € -15,516,569 | ▼ € 12.3 million |
| Bank debt | € 3,896,326 | € 14,578,043 | € 19,313,652 | € 15,426,262 | ▼ 20% |
| Balance sheet total | € 71,414,959 | € 79,607,529 | € 95,476,203 | € 95,057,078 | |
| Employees (FTE) | 586.3 | 708.4 | 804.9 | 897.6 | ▲ 92.7 |
Key figures of SOLUCIOUS, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to SOLUCIOUS?
What happened at SOLUCIOUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Michael Hamelryck stepped down as director. NBB
- Peter Vanbellingen stepped down as director. NBB
- Kris Castelein stepped down as director. NBB
- Stefan Goethaert stepped down as director. NBB
- Jo Willemyns stepped down as director. NBB
- New establishment in Antwerpen. KBO
- New annual accounts for financial year 2026: loss of € 20.9 million. Source: NBB ↗
- Michael Hamelryck became a director. NBB
In short
From € 2.2 million profit in 2023 to € 20.9 million loss in 2026.
Paid € 752,064 in corporate taxes since 2023.
Best year ever: 2023, with € 2.2 million profit.
Pays suppliers within 57 days on average.
Management
The shares are held by Colruyt Food Retail NV (100%). It owns 100% of Valfrais itself.
Directors
According to the 2026 annual accounts
Stefan Goethaert
Director
Also active at: COLIM, DAVYTRANS, Vlevico, FLEETCO, ENCO RETAIL, VISIEBLE, NORTHLANDT, PUUR +23 more
since 2022 · until 2027
since 2026 · until 2032
Peter Vanbellingen
Director
Also active at: USIMEX - INVEST, DE PRINS RETAIL, Holding De Prins, SmartWithFood, YZOLAM, WITEB 6, WITEB 8, WITEB 7 +2 more
since 2025 · until 2031
Jo Willemyns
Director
Also active at: COLIM, DAVYTRANS, Vlevico, FLEETCO, ENCO RETAIL, VISIEBLE, NORTHLANDT, PUUR +25 more
since 2022 · until 2027
Kris Castelein
Director
Also active at: USIMEX - INVEST, DE PRINS RETAIL, Delidis, SUPERMARKT MAGDA, JIMS, Supermarkt De Belie, CEDOX, VLEBA +41 more
since 2025 · until 2031
Shareholders
Participations
100%
Establishments
Establishment units
Physical locations of this company
Edingensesteenweg 196
1500 Halle
Rijksweg(BOR) 6
2880 Bornem
Active since 5 January 1993
Ottergemsesteenweg-Zuid 804
9000 Gent
Active since 30 January 1996
Jozef Huysmanslaan 53
1651 Beersel
Active since 1 January 2002
Nijverheidsstraat 98
2160 Wommelgem
Active since 8 March 2005
Rue du Trou du Sart, ZI, Nov. 2
5380 Fernelmont
Active since 1 November 2008
Rue de Renory 497
4031 Liège
Active since 21 March 2022
Stationsstraat 56
8460 Oudenburg
Active since 30 April 2024
Woluwelaan 11
1830 Machelen (Brab.)
Active since 1 December 2025
Bilkensveld 8
1500 Halle
Active since 20 October 2025
Parc artisanal de Villeroux 1
6640 Vaux-sur-Sûre
Active since 1 June 2026
Terbekehofdreef 16
2610 Antwerpen
Active since 1 October 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 75 companies are registered at this address.
All companies at this address →USIMEX - INVEST same network
€ 72,973 gross margin · 2026
Grama
€ 450,180 gross margin · 2025
COLIM same network
€ 290.5 million revenue · 2026
Colruyt Group
€ 930.1 million revenue · 2026
DE PRINS RETAIL same network
€ 711,633 gross margin · 2026
+70 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
- 0448.692.207
- VAT number
- BE 0448.692.207
- Registered office
- Edingensesteenweg 196, 1500 Halle
- Names & denominations
- SOLUCIOUS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 November 1992
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
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