Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
SOLTECH from Genk, company number BE0768654526, closed financial year 2025 with a result of € -3.3 million after tax. For that financial year SOLTECH recorded a gross margin of € 1.1 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € -1.8 million to € -3.3 million. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 1.1 million
▼ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3.3 million
▼ 80 % more loss than in 2024
Profit after tax over the fiscal year.
€ 487,903
▲ € 481,327 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.9 million.
People and assets in 2025
31.4
▼ 2.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.1 million
▼ 2% vs 2024
€ 65,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1.5 million
▲ 65% vs 2024
Of which on lease € 1.5 million.
Debts at end 2025
€ 7.2 million
▲ 11% vs 2024
€ 726,116 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 1.5 million
▲ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 291,196
▼ 25% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 702,351 | € 1,226,282 | € 1,606,950 | € 1,050,273 | ▼ 35% |
| Profit after taxes | € -334,401 | € -381,531 | € -1,845,317 | € -3,316,519 | ▼ € 1.5 million |
| Equity | € 1,396,639 | € 1,782,522 | € 1,390,078 | € 1,050,637 | ▼ 24% |
| Total debts | € 2,191,683 | € 7,500,431 | € 9,945,323 | € 9,827,565 | ▼ 1% |
| Cash | € 239,469 | € 446,169 | € 6,576 | € 487,903 | ▲ € 481,327 |
| Retained profit | € -334,401 | € -715,932 | € -2,561,250 | € -2,872,010 | ▼ € 310,760 |
| Bank debt | € 772,165 | € 3,406,593 | € 6,496,527 | € 7,183,290 | ▲ 11% |
| Balance sheet total | € 3,588,322 | € 9,282,953 | € 11,335,402 | € 10,878,202 | ▼ 4% |
| Employees (FTE) | 6.9 | 14.5 | 34.1 | 31.4 | ▼ 2.7 |
Key figures of SOLTECH, 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 SOLTECH?
What happened at SOLTECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Peter Van Geel stepped down as director. NBB
- V2HFIN BV stepped down as director. NBB
- LRM Beheer NV stepped down as director. NBB
- Salva BV stepped down as director. NBB
- Oino BV stepped down as director. NBB
- Quanteus Group BV stepped down as director. NBB
- Nuhma DC BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 3.3 million. Source: NBB ↗
In short
From € 334,401 loss in 2022 to € 3.3 million loss in 2025.
Paid € 1,050 in corporate taxes since 2022.
On average € 33,400 of value added per employee in 2025.
A new publication or filing at SOLTECH? 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, NUHMA DC, H-VEST, V2Hfin, OINO, QUANTEUS GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SOLTECHThe shares are held by LIMBURGSE RECONVERSIE MAATSCHAPPIJ (20.9%), NUHMA DC (16.7%), H-VEST (16.7%), V2Hfin (16.7%), OINO (10.2%) and QUANTEUS GROUP (7.7%).
Directors
According to the 2025 annual accounts
Director · represented by Dries Bauters
Also active at: Transport Marcel Depaire, Trafuco, Beltra - B, MIJNSCHADE EN BEMALING LIMBURGS MIJNGEBIED, BlooLoc, be-DIVE, LRM Lease, RMW +62 more
since 2021 · until 2027
Peter Van Geel
Chairman of the board
Also active at: BELTASTE HAMONT, DLT Holding, TRiPL, FutureOne Invest
since 2025 · until 2031
Director · represented by Marc Hegge
Also active at: BOSKLO, HEGGE INVEST, Immo Soltech, H-VEST
since 2021 · until 2027
Director · represented by Kenny Peetersmans
since 2024 · until 2030
Director · represented by Bastiaan van de Kreeke
Also active at: SYNTRAPXL, SYNTRA business, Immo Soltech
since 2021 · until 2027
Director · represented by Kris Vansanten
Also active at: QuantIM, BrightWolves, B-15
since 2021 · until 2027
Director · represented by Ludo Kelchtermans
since 2021 · until 2027
Shareholders
16.7%
16.7%
16.7%
10.2%
7.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Thor Park 8080 box 1
3600 Genk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
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€ 40,654 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
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Details
- Company number
- 0768.654.526
- VAT number
- BE 0768.654.526
- Registered office
- Thor Park 8080 bus 1, 3600 Genk
- Names & denominations
- SOLTECH
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 May 2021
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- soltech.be [email protected]
- Activities · NACE
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