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.
Financials
Financial year 2025
DHE SOLAR from Middelkerke, company number BE0776561214, closed financial year 2025 with a result of € -63,987 after tax. For that financial year DHE SOLAR recorded a gross margin of € -40,371 and equity of € 223,139. Compared with financial year 2024, the result moved from € -42,181 to € -63,987. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 223,139
▼ 33% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -63,987
▼ 52 % more loss than in 2024
Profit after tax over the fiscal year.
€ 123,350
▼ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 188,139.
People and assets in 2025
€ 1,169
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 169,616
▼ 4% vs 2024
€ 7,030 is repaid this year. At this pace the long-term loan is gone in ≈ 24 years.
€ 16,705
▲ € 13,140 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 254,064 | € 223,603 | € -13,147 | € -40,371 | ▼ € 27,224 |
| Profit after taxes | € 194,859 | € 143,632 | € -42,181 | € -63,987 | ▼ € 21,807 |
| Equity | € 229,859 | € 373,491 | € 331,310 | € 223,139 | ▼ 33% |
| Total debts | € 258,482 | € 256,075 | € 182,778 | € 207,169 | ▲ 13% |
| Cash | € 187,142 | € 308,944 | € 181,988 | € 123,350 | ▼ 32% |
| Land & buildings | - | € 237,781 | € 226,981 | € 216,181 | ▼ 5% |
| Retained profit | € 194,859 | € 338,491 | € 296,310 | € 188,139 | ▼ 37% |
| Dividend | € 0 | € 0 | € 0 | € 44,183 | |
| Bank debt | € 0 | € 183,773 | € 176,177 | € 169,616 | ▼ 4% |
| Balance sheet total | € 488,342 | € 629,565 | € 514,088 | € 430,309 | ▼ 16% |
Key figures of DHE SOLAR, 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 DHE SOLAR?
What happened at DHE SOLAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 63,987. Source: NBB ↗
- Capital increase of € 25,000, published in the Gazette. Source: Staatsblad ↗
- New establishment in Heist-op-den-Berg. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Middelkerke. KBO
- DHE ELECTRICS BV became a director. NBB
In short
From € 194,859 profit in 2022 to € 63,987 loss in 2025.
Paid € 100,476 in corporate taxes since 2022.
Best year ever: 2022, with € 194,859 profit.
Paid out € 44,183 in dividends to the owners in total.
Management
The stake of DHE Electrics comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DHE SOLARBehind DHE SOLAR is DHE ELECTRICS BV. The shares are held by DHE Electrics (40.7%).
Directors
According to the 2025 annual accounts
Director · represented by Endy D'Haese
since 2021
Shareholders
40.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Essex Scottishlaan 17 box .0001
8434 Middelkerke
Zonderschotsesteenweg 37 box a
2220 Heist-op-den-Berg
Active since 1 May 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Capital increase
Source: Deed ↗- UYTTERHOEVEN Ben(inbrenger) 15.6%
- VERVLOET Sofie(inbrenger) 10.4%
Incorporation
Source: Deed ↗- D'HAESE Endy(oprichter) 80%
- VAN LOO Jordy(oprichter) 20%
Details
- Company number
- 0776.561.214
- VAT number
- BE 0776.561.214
- Registered office
- Essex Scottishlaan 17 bus .0001, 8434 Middelkerke
- Names & denominations
- DHE SOLAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 October 2021
- Peppol
- Active · Active since 1 Oct 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Dakwerkzaamheden
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit