Financials
Financial year 2025
SOL-E-TECH from Damme, company number BE0679579624, closed financial year 2025 with a result of € 26,668 after tax. For that financial year SOL-E-TECH recorded a gross margin of € 114,881 and equity of € 287,905. Compared with financial year 2024, the result moved from € 71,852 to € 26,668. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 287,905
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 26,668
▼ 63% vs 2024
Profit after tax over the fiscal year.
€ 79,773
▼ 87% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 5,000 paid out
19 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 38,737
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,762
▼ 47% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 190,788
▼ 9% vs 2024
€ 18,889 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 5,508
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,768
▲ 50% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 422,069 | € 400,933 | € 198,821 | € 114,881 | ▼ 42% |
| Profit after taxes | € 244,871 | € 220,785 | € 71,852 | € 26,668 | ▼ 63% |
| Equity | € 320,661 | € 496,446 | € 266,237 | € 287,905 | ▲ 8% |
| Total debts | € 731,476 | € 746,106 | € 955,112 | € 971,938 | ▲ 2% |
| Cash | € 49,360 | € 392,280 | € 595,550 | € 79,773 | ▼ 87% |
| Land & buildings | € 246,558 | € 228,423 | € 212,101 | € 197,412 | ▼ 7% |
| Retained profit | € 302,061 | € 477,846 | € 247,637 | € 269,305 | ▲ 9% |
| Dividend | € 0 | € 45,000 | € 302,061 | € 5,000 | ▼ 98% |
| Bank debt | € 245,866 | € 227,768 | € 209,409 | € 190,788 | ▼ 9% |
| Balance sheet total | € 1,052,137 | € 1,242,552 | € 1,221,349 | € 1,259,843 | ▲ 3% |
| Employees (FTE) | 1 | - | - | - |
Key figures of SOL-E-TECH, 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 SOL-E-TECH?
What happened at SOL-E-TECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 26,668 (▼ 63% vs 2024). Source: NBB ↗
- New establishment in Damme. KBO
- Start of the company according to the CBE. KBO
In short
From € 244,871 profit in 2022 to € 26,668 profit in 2025.
Paid € 200,470 in corporate taxes since 2022.
Best year ever: 2022, with € 244,871 profit.
On average € 422,100 of value added per employee in 2022.
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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
Directors
According to the 2025 annual accounts
Willem Bulens
Director
Establishments
Establishment units
Physical locations of this company
Bargestraat 16 box 10
8340 Damme
Bargestraat 16
8340 Damme
Active since 4 August 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
Hosting
SQUARESPACE - Squarespace, Inc., US
DNS
NS1
Domain
Domain
sol-e-tech.com
Registered
2017-07-24
Registrar
Tucows Domains Inc.
Expires
2026-07-24
Website info
Features
Security
Network
Details
- Company number
- 0679.579.624
- VAT number
- BE 0679.579.624
- Registered office
- Bargestraat 16 bus 10, 8340 Damme
- Names & denominations
- SOL-E-TECH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 August 2017
- Peppol
- Active · Active since 22 Nov 2024
- Activities · NACE
Groothandel in elektrisch materiaal, inclusief installatiemateriaal
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden
Overige werkzaamheden in verband met de afwerking van gebouwen