Financials
Financial year 2025
Solar-Tec from Ieper, company number BE0539863891, closed financial year 2025 with a result of € 80,848 after tax. For that financial year Solar-Tec recorded a gross margin of € 467,159 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 578,085 to € 80,848. The company is profitable. 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 October 31, 2025.
€ 1.7 million
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 80,848
▼ 86% vs 2024
Profit after tax over the fiscal year.
€ 394,714
▼ 51% 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 € 1.7 million.
People and assets in 2025
6.9
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 414,650
▲ 14% vs 2024
€ 60,100 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.
€ 96,363
▼ 8% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▲ 46% vs 2024
€ 104,065 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 857,499
▲ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 48,260
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 429,837 | € 1,066,673 | € 1,270,312 | € 467,159 | ▼ 63% |
| Profit after taxes | € 237,545 | € 321,017 | € 578,085 | € 80,848 | ▼ 86% |
| Equity | € 785,979 | € 1,006,997 | € 1,385,081 | € 1,678,415 | ▲ 21% |
| Total debts | € 1,170,952 | € 3,134,710 | € 1,897,626 | € 2,455,966 | ▲ 29% |
| Cash | € 201,291 | € 328,587 | € 810,441 | € 394,714 | ▼ 51% |
| Land & buildings | € 347,847 | € 1,149,910 | € 1,220,174 | € 1,588,367 | ▲ 30% |
| Retained profit | € 762,898 | € 983,915 | € 1,362,000 | € 1,655,334 | ▲ 22% |
| Dividend | € 140,000 | € 100,000 | € 200,000 | € 0 | ▼ 100% |
| Bank debt | € 313,166 | € 1,219,812 | € 975,289 | € 1,424,567 | ▲ 46% |
| Balance sheet total | € 2,062,032 | € 4,452,412 | € 3,561,602 | € 4,282,584 | ▲ 20% |
| Employees (FTE) | 3 | 3 | 6.4 | 6.9 | ▲ 0.5 |
Key figures of Solar-Tec, 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 October 2026.
What happened to Solar-Tec?
What happened at Solar-Tec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 80,848 (▼ 86% vs 2024). Source: NBB ↗
- JARL became a director. NBB
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 237,545 profit in 2022 to € 80,848 profit in 2025.
Paid € 349,471 in corporate taxes since 2022.
Best year ever: 2024, with € 578,085 profit.
On average € 67,700 of value added per employee in 2025.
Management
Establishments
Establishment units
Physical locations of this company
Rozendaalstraat 54
8900 Ieper
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0539.863.891
- VAT number
- BE 0539.863.891
- Registered office
- Rozendaalstraat 54, 8900 Ieper
- Names & denominations
- Solar-Tec
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 October 2013
- Peppol
- Active · Active since 13 Jul 2026
- Activities · NACE
Algemene elektrotechnische installatiewerken
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Vervaardiging van machines en apparaten voor klimaatregeling, voor niet-huishoudelijk gebruik
Reparatie en onderhoud van consumentenartikelen, neg
Groothandel in andere machines en werktuigen, neg
Groothandel in andere machines en werktuigen, n.e.g.