Financials
Financial year 2025
SOLAYE FABRICS from Ieper, company number BE0544463671, closed financial year 2025 with a result of € 660,265 after tax. For that financial year SOLAYE FABRICS recorded a gross margin of € 1.1 million and equity of € 4.3 million. Compared with financial year 2024, the result moved from € 578,804 to € 660,265. Profitable, and profit is growing. 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 May 13, 2026.
€ 4.3 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 660,265
▲ 14% vs 2024
Profit after tax over the fiscal year.
€ 950,136
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 150,000 paid out
23 % of the profit went to the shareholders, mostly to L en K PROJECTS (75 % of the shares). That is where the money ends up.
People and assets in 2025
1.4
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 96,848
▲ 46% vs 2024
€ 69,200 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.
€ 55,154
▲ 129% 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.
€ 361,391
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,391
▲ 76% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 811,483 | € 919,367 | € 946,560 | € 1,064,120 | ▲ 12% |
| Profit after taxes | € 536,171 | € 621,772 | € 578,804 | € 660,265 | ▲ 14% |
| Equity | € 2,728,326 | € 3,248,870 | € 3,827,674 | € 4,337,939 | ▲ 13% |
| Total debts | € 855,230 | € 466,976 | € 440,703 | € 384,782 | ▼ 13% |
| Cash | € 300,761 | € 199,593 | € 1,245,236 | € 950,136 | ▼ 24% |
| Retained profit | € 2,528,326 | € 3,048,870 | € 3,627,674 | € 4,137,939 | ▲ 14% |
| Dividend | € 100,000 | € 100,000 | € 0 | € 150,000 | |
| Balance sheet total | € 3,583,557 | € 3,715,845 | € 4,268,377 | € 4,722,721 | ▲ 11% |
| Employees (FTE) | 1 | 1 | 1 | 1.4 | ▲ 0.4 |
Key figures of SOLAYE FABRICS, 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 SOLAYE FABRICS?
What happened at SOLAYE FABRICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 660,265 (▲ 14% vs 2024). Source: NBB ↗
- Leavh BV became a director. NBB
- L en K Projects BV became a director. NBB
- Ludwig Kestelyn stepped down as director. NBB
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 536,171 profit in 2022 to € 660,265 profit in 2025.
Paid € 786,464 in corporate taxes since 2022.
Best year ever: 2025, with € 660,265 profit.
On average € 760,100 of value added per employee in 2025.
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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 L en K PROJECTS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SOLAYE FABRICSBehind SOLAYE FABRICS are De Mast Management CommV, Leavh BV and L en K Projects BV. The shares are held by L en K PROJECTS (75%).
Directors
According to the 2025 annual accounts
Director · represented by Stephan Martens
Director · represented by Ludwig Kestelyn
Also active at: APOLLO FABRICS, SUNCONFEX
since 2025
· until 2025
Shareholders
75%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Dehemlaan 27
8900 Ieper
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
DSTNY-BACKBONE International Backbone, BE
Domain
Domain
solayefabrics.eu
Registrar
Nomeo bvba
Website info
Features
Security
Details
- Company number
- 0544.463.671
- VAT number
- BE 0544.463.671
- Registered office
- Dehemlaan 27, 8900 Ieper
- Names & denominations
- SOLAYE FABRICS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 January 2014
- Peppol
- Active · Active since 19 Nov 2025
- Contact
- solayefabrics.eu
- Activities · NACE
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