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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Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SolVla from Lede, company number BE0704857131, closed financial year 2025 with a result of € -340,235 after tax. For that financial year SolVla recorded a gross margin of € 1.2 million and equity of € 276,700. Compared with financial year 2024, the result moved from € -340,416 to € -340,235. The company made a loss. The buffer shrank hard: equity is 56 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 276,700
▼ 56% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -340,235
Profit after tax over the fiscal year.
€ 608,583
▲ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -999,508.
Debts at end 2025
€ 7.6 million
▼ 3% vs 2024
€ 1.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 384,795
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,026
▼ 79% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 863,986 | € 760,175 | € 825,368 | € 1,154,297 | ▲ 40% |
| Profit after taxes | € 68,158 | € -243,123 | € -340,416 | € -340,235 | |
| Equity | € 1,037,195 | € 984,376 | € 630,447 | € 276,700 | ▼ 56% |
| Total debts | € 4,896,056 | € 6,666,873 | € 8,517,597 | € 8,253,671 | ▼ 3% |
| Cash | € 584,240 | € 757,169 | € 448,729 | € 608,583 | ▲ 36% |
| Retained profit | € -75,735 | € -318,857 | € -659,273 | € -999,508 | ▼ € 340,235 |
| Bank debt | € 4,811,403 | € 6,223,841 | € 7,797,486 | € 7,597,119 | ▼ 3% |
| Balance sheet total | € 5,933,251 | € 7,651,249 | € 9,148,045 | € 8,530,371 | ▼ 7% |
Key figures of SolVla, 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 SolVla?
What happened at SolVla in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 340,235. Source: NBB ↗
- MENAPY NV became a director. NBB
- André Autrand became a director. NBB
- Samuel de Lhoneux became a director. NBB
- New establishment in Lede. KBO
- Start of the company according to the CBE. KBO
In short
From € 68,158 profit in 2022 to € 340,235 loss in 2025.
Best year ever: 2022, with € 68,158 profit.
Management
The stake of MENAPY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SolVlaBehind SolVla are MENAPY NV, André Autrand and Samuel de Lhoneux. The shares are held by I4B - THE BELGIAN INFRASTRUCTURE FUND NV (90%) and MENAPY (10%).
Directors
According to the 2025 annual accounts
Director · represented by Tom POLLYN
since 2023
since 2023
Samuel de Lhoneux
Director
Also active at: LCL, SDL Infra, PERPETUM INFRA 4BE, GROUPEMENT FORESTIER DE SEVRY, Belfuture
since 2023
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Stationsstraat 3
9340 Lede
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Details
- Company number
- 0704.857.131
- VAT number
- BE 0704.857.131
- Registered office
- Stationsstraat 3, 9340 Lede
- Names & denominations
- SolVla
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 September 2018
- Peppol
- Active · Active since 24 Nov 2023
- Contact
- menapy.com [email protected] 0477/062.247
- Activities · NACE
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