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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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Solarbuild 5 from Jette, company number BE0782767927, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year Solarbuild 5 recorded a gross margin of € 2.4 million and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 461,649 to € 1.2 million. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 1.8 million
▲ 207% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▲ 164% vs 2024
Profit after tax over the fiscal year.
€ 572,417
▲ 178% 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 € 1.8 million.
Debts at end 2025
€ 9.4 million
▲ 19% vs 2024
€ 1.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 3.5 million
▲ 76% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 250,816 | € 892,376 | € 1,334,013 | € 2,403,014 | ▲ 80% |
| Profit after taxes | € 21,379 | € 86,836 | € 461,649 | € 1,216,546 | ▲ 164% |
| Equity | € 39,979 | € 126,815 | € 588,465 | € 1,805,011 | ▲ 207% |
| Total debts | € 6,575,362 | € 7,414,583 | € 13,007,811 | € 18,459,820 | ▲ 42% |
| Cash | € 216,704 | € 299,528 | € 206,199 | € 572,417 | ▲ 178% |
| Retained profit | € 21,379 | € 108,215 | € 569,865 | € 1,786,411 | ▲ 213% |
| Bank debt | € 5,367,454 | € 5,287,145 | € 7,901,287 | € 9,395,607 | ▲ 19% |
| Balance sheet total | € 6,615,341 | € 7,541,399 | € 13,596,276 | € 20,264,831 | ▲ 49% |
Key figures of Solarbuild 5, 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 Solarbuild 5?
What happened at Solarbuild 5 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.2 million (▲ 164% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- Maarten MICHIELSSENS became a director. NBB
- Koen DECOURT became a director. NBB
In short
From € 21,379 profit in 2022 to € 1.2 million profit in 2025.
Paid € 5,973 in corporate taxes since 2022.
Best year ever: 2025, with € 1.2 million profit.
Management
Behind Solarbuild 5 are Maarten MICHIELSSENS and Koen DECOURT. The shares are held by EnergyVision NV (100%).
Directors
According to the 2025 annual accounts
Maarten MICHIELSSENS
Director
Also active at: EnergyVision, INTRIMM, MDM HOLDING, DriveBuild 3, SOLARBUILD 1000, EcoTess, SOLARBUILD 9000, LOVIK +7 more
since 2022
Koen DECOURT
Director
Also active at: ZEPHYR INVEST III, EnergyVision, INTRIMM, LOCABUILD, SOLARBUILD 1000, EcoTess, SOLARBUILD 9000, SOLARBUILD 8000 +7 more
since 2022
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Laarbeeklaan 74
1090 Jette
Kortrijksesteenweg 1071 box 501
9051 Gent
Active since 1 March 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →INTRIMM same network
€ 286,002 gross margin · 2025
DriveBuild 3 same network
€ 2,972 gross margin · 2025
SOLARBUILD 8000 same network
€ 5 million gross margin · 2025
DriveBuild 1000 same network
€ 1.7 million gross margin · 2025
My EV-PLATFORM same network
€ 22,958 gross margin · 2025
+3 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
- 0782.767.927
- VAT number
- BE 0782.767.927
- Registered office
- Laarbeeklaan 74, 1090 Jette
- Names & denominations
- Solarbuild 5
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 March 2022
- Peppol
- Active · Active since 1 Jan 2026
- Activities · NACE
Productie van elektriciteit uit niet-hernieuwbare bronnen
Handel in elektriciteit