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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
SOLFAY GROUP from Antwerpen, company number BE0722882602, closed financial year 2025 with a result of € 50,102 after tax. For that financial year SOLFAY GROUP recorded a gross margin of € -41,864 and equity of € -411,311. Compared with financial year 2024, the result moved from € -119,582 to € 50,102. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2026.
€ -411,311
▲ € 50,102 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 50,102
▲ still € 119,582 loss in 2024
Profit after tax over the fiscal year.
€ 41,454
▲ € 41,454 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -494,911.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 60
▼ 83% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
Loans from banks and other lenders, long and short.
€ 5,839
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -15,389 | € -21,507 | € -10,882 | € -41,864 | ▼ € 30,982 |
| Profit after taxes | € -28,904 | € -45,214 | € -119,582 | € 50,102 | ▲ € 169,684 |
| Equity | € -296,616 | € -341,830 | € -461,412 | € -411,311 | ▲ € 50,102 |
| Total debts | € 1,374,937 | € 1,431,985 | € 1,617,686 | € 2,582,299 | ▲ 60% |
| Cash | € 7,268 | € 168 | € 0 | € 41,454 | ▲ € 41,454 |
| Land & buildings | € 52,000 | € 50,000 | € 48,000 | € 46,000 | ▼ 4% |
| Retained profit | € -380,216 | € -425,430 | € -545,012 | € -494,911 | ▲ € 50,102 |
| Bank debt | € 1,100,000 | € 1,100,000 | € 1,100,000 | € 1,100,000 | |
| Balance sheet total | € 1,078,321 | € 1,090,155 | € 1,156,274 | € 2,170,989 | ▲ 88% |
Key figures of SOLFAY GROUP, 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 SOLFAY GROUP?
What happened at SOLFAY GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 50,102. filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Henry Pitchkhadze became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 28,904 loss in 2022 to € 50,102 profit in 2025.
Best year ever: 2025, with € 50,102 profit.
Management
The stake of ADR INVEST, SOLFAY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SOLFAY GROUPBehind SOLFAY GROUP is Henry Pitchkhadze. The shares are held by ADR INVEST (50%) and SOLFAY (25%). It owns 22.1% of Halsted Hampton itself.
Directors
According to the 2025 annual accounts
since 2019
Shareholders
50%
25%
Participations
22.1%
Establishments
Establishment units
Physical locations of this company
Quellinstraat 1 box 101A
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →London House
Maimonides
€ -16,223 gross margin · 2025
HALSTED HAMPTON same network
€ -114,643 gross margin · 2024
SOLFAY same network
€ -6,221 gross margin · 2025
VIDEYA
€ 126,778 gross margin · 2025
+2 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
- 0722.882.602
- VAT number
- BE 0722.882.602
- Registered office
- Quellinstraat 1 bus 101A, 2018 Antwerpen
- Names & denominations
- SOLFAY GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 March 2019
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Activiteiten van holdings
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Handel in eigen onroerend goed