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 2024 and 2025.
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Busy address KBO
34 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
KRISTAL SOLAR PARK from Hasselt, company number BE0698661108, closed financial year 2025 with a result of € -362,230 after tax. For that financial year KRISTAL SOLAR PARK recorded revenue of € 5.7 million and equity of € 21.2 million. Compared with financial year 2024, the result moved from € -1.6 million to € -362,230. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 3, 2026.
€ 21.2 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -362,230
▲ 78 % less loss than in 2024
Profit after tax over the fiscal year.
€ 6.2 million
▲ 131% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 11.1 million.
People and assets in 2025
€ 56.5 million
▲ 22% vs 2024
Of which on lease € 56.5 million.
Debts at end 2025
€ 49.5 million
▲ 24% vs 2024
€ 5.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 895,476
▼ 70% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 133 days on average.
€ 5.3 million
▼ 1% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 22,695,852 | € 7,269,375 | € 4,277,705 | € 5,716,952 | ▲ 34% |
| Profit after taxes | € 8,937,211 | € 4,423,139 | € -1,641,333 | € -362,230 | ▲ € 1.3 million |
| Equity | € 19,782,743 | € 23,205,882 | € 21,564,549 | € 21,202,319 | ▼ 2% |
| Total debts | € 56,898,318 | € 51,160,358 | € 48,248,652 | € 55,952,139 | ▲ 16% |
| Cash | € 21,142,395 | € 17,094,948 | € 2,699,852 | € 6,245,980 | ▲ 131% |
| Retained profit | € 9,682,743 | € 13,105,882 | € 11,464,549 | € 11,102,319 | ▼ 3% |
| Dividend | € 4,040,404 | € 1,000,000 | € 0 | € 0 | |
| Bank debt | € 46,837,761 | € 43,366,495 | € 39,838,689 | € 49,504,832 | ▲ 24% |
| Balance sheet total | € 76,681,061 | € 74,366,240 | € 69,813,201 | € 77,154,458 | ▲ 11% |
Key figures of KRISTAL SOLAR PARK, 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 KRISTAL SOLAR PARK?
What happened at KRISTAL SOLAR PARK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- LRM Beheer NV stepped down as director. NBB
- Bob Nijs stepped down as director. NBB
- LRM NV stepped down as director. NBB
- Sofie Mertens stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 362,230. Source: NBB ↗
- Luc Ooms stepped down as director. NBB
- Sofie Mertens became a director. NBB
- Luc Ooms became a director. NBB
In short
From € 8.9 million profit in 2022 to € 362,230 loss in 2025.
Paid € 3.7 million in corporate taxes since 2022.
Best year ever: 2022, with € 8.9 million profit.
Paid out € 5 million in dividends to the owners in total.
A new publication or filing at KRISTAL SOLAR PARK? 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 LIMBURGSE RECONVERSIE MAATSCHAPPIJ comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KRISTAL SOLAR PARKThe shares are held by LIMBURGSE RECONVERSIE MAATSCHAPPIJ (49.5%). It owns 100% of Solarpulse VII itself.
Directors
According to the 2025 annual accounts
Director · represented by Luc Driesen (vanaf 01/07/25), Koen Nulens (tot 30/06/2025)
Also active at: Transport Marcel Depaire, Trafuco, Beltra - B, MIJNSCHADE EN BEMALING LIMBURGS MIJNGEBIED, BlooLoc, be-DIVE, LRM Lease, RMW +62 more
since 2024 · until 2030
Bob Nijs
Director
Also active at: NOORDLIMBURGSE MAATSCHAPPIJ VOOR DE OPRICHTING VAN EEN INDUSTRIEPARK IN NOORD-LIMBURG, LIMBURG.NET, LOMMEL WIN(D)T, SolarPulse VII, Kristalpark III, BIONERGA, Autonoom Gemeentebedrijf Lommel Patrimonium
since 2024 · until 2030
Johan Bosmans
Director
Also active at: SolarPulse VII, Kristalpark III, Autonoom Gemeentebedrijf Lommel Patrimonium
since 2024 · until 2025
Director · represented by Tom Vanham
Also active at: H.W.P., Corda Campus, MIJNSCHADE EN BEMALING LIMBURGS MIJNGEBIED, be-DIVE, LRM Lease, RMW, CORDA CAMPUS 2.0, Mobietrain +33 more
since 2024 · until 2030
since 2025 · until 2025
since 2025 · until 2030
Shareholders
Participations
100%
Establishments
Establishment units
Physical locations of this company
Kempische steenweg 311 box 4.01
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 34 companies are registered at this address.
All companies at this address →MIJNEN
€ 1 revenue · 2025
PENSIOENFONDS VAN HET KEMPENS STEENKOLENBEKKEN
LRM Beheer same network
€ 146,800 revenue · 2025
SCIA
€ 8.9 million revenue · 2025
H.W.P. same network
€ 83,121 revenue · 2025
+29 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
- 0698.661.108
- VAT number
- BE 0698.661.108
- Registered office
- Kempische steenweg 311 bus 4.01, 3500 Hasselt
- Names & denominations
- KRISTAL SOLAR PARK
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 June 2018
- Peppol
- Active · Active since 14 Jan 2026
- Activities · NACE
Productie van elektriciteit uit niet-hernieuwbare bronnen
Handel in elektriciteit