Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
21 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SOLFAR from Sint-Martens-Latem, company number BE0675932622, closed financial year 2025 with a result of € 28,694 after tax. For that financial year SOLFAR recorded a gross margin of € 28,542 and equity of € 37.2 million. Compared with financial year 2024, the result moved from € -9,600 to € 28,694. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 16, 2026.
€ 37.2 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 28,694
▲ still € 9,600 loss in 2024
Profit after tax over the fiscal year.
€ 97,237
▲ € 94,799 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 53,898 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,993
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -6,438 | € -8,433 | € -8,973 | € 28,542 | ▲ € 37,515 |
| Profit after taxes | € -6,936 | € 61,340,703 | € -9,600 | € 28,694 | ▲ € 38,294 |
| Equity | € 17,015,623 | € 22,812,790 | € 37,313,794 | € 37,226,191 | |
| Total debts | € 171,451 | € 18,664 | € 113,375 | € 166,911 | ▲ 47% |
| Cash | € 1,213 | € 161 | € 2,438 | € 97,237 | ▲ € 94,799 |
| Retained profit | € -9,377 | € 5,787,790 | € 5,778,190 | € 5,752,986 | |
| Dividend | € 0 | € 55,543,536 | € 0 | € 53,898 | |
| Balance sheet total | € 17,187,074 | € 22,831,455 | € 37,427,168 | € 37,393,101 |
Key figures of SOLFAR, 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 March 2027.
What happened to SOLFAR?
What happened at SOLFAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SPEED 8 NV stepped down as director. NBB
- CREAFUND NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 28,694. Source: NBB ↗
- SPEED 8 NV became a director. NBB
- CREAFUND NV became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,936 loss in 2022 to € 28,694 profit in 2025.
Best year ever: 2023, with € 61.3 million profit.
Paid out € 55.6 million in dividends to the owners in total.
A new publication or filing at SOLFAR? We notify you, reason included.
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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 CREAFUND, SPEED 8 comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SOLFARThe shares are held by CREAFUND (89.1%) and SPEED 8 (10.9%). It owns 59% of PULSE, 55.4% of SAJAMA and 23.6% of KEY PEOPLE itself.
Directors
According to the 2025 annual accounts
Director · represented by IVAN VAN DE MAELE
since 2023 · until 2029
Director · represented by KENNETH DEPUYDT
Also active at: DIRESCO, COEMAN PACKAGING, CREALOAN, SOFICS, Cu.be Solutions, JOVEGI, MOBILE LOCKER, Pulse +11 more
since 2023 · until 2029
Participations
Establishments
Establishment units
Physical locations of this company
Maenhoutstraat 77 box A
9830 Sint-Martens-Latem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 21 companies are registered at this address.
All companies at this address →IBKEM
€ -30,391 gross margin · 2025
CREALOAN same network
€ 71,151 revenue · 2025
CREAFUND same network
€ 696,694 revenue · 2025
CREAFUND MANAGEMENT
€ 174,039 gross margin · 2025
SPEED 8 same network
€ 8,365 gross margin · 2025
+16 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
- 0675.932.622
- VAT number
- BE 0675.932.622
- Registered office
- Maenhoutstraat 77 bus A, 9830 Sint-Martens-Latem
- Names & denominations
- SOLFAR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 May 2017
- Peppol
- Active · Active since 9 Oct 2025