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
Solar Switch from Kortrijk, company number BE0795364663, closed financial year 2025 with a result of € -15,381 after tax. For that financial year Solar Switch recorded a gross margin of € -13,459 and equity of € 418,503. Compared with financial year 2024, the result moved from € -49,752 to € -15,381. 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 August 29, 2026.
€ 418,503
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,381
▲ 69 % less loss than in 2024
Profit after tax over the fiscal year.
€ 333,376
▲ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -41,497.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 588
▼ 95% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,164
▲ € 3,091 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 31,264 | € -46,854 | € -13,459 | ▲ € 33,395 |
| Profit after taxes | € 23,636 | € -49,752 | € -15,381 | ▲ € 34,371 |
| Equity | € 483,636 | € 433,884 | € 418,503 | ▼ 4% |
| Total debts | € 19,266 | € 11,250 | € 3,752 | ▼ 67% |
| Cash | € 259,722 | € 318,122 | € 333,376 | ▲ 5% |
| Retained profit | € 23,636 | € -26,116 | € -41,497 | ▼ € 15,381 |
| Balance sheet total | € 502,902 | € 445,134 | € 422,255 | ▼ 5% |
Key figures of Solar Switch, fiscal years 2023 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 Solar Switch?
What happened at Solar Switch in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 15,381. filed late Source: NBB ↗
- Davey Malfait became a director. NBB
- Glenn Huysentruyt became a director. NBB
- Jen Verstraete became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,636 profit in 2023 to € 15,381 loss in 2025.
Paid € 6,000 in corporate taxes since 2023.
Best year ever: 2023, with € 23,636 profit.
Management
Behind Solar Switch are Davey Malfait, Glenn Huysentruyt and Jen Verstraete. Glenn Huysentruyt is also behind VIVERIT and Cuca. Jen Verstraete is also behind VIVERIT and AVALORA.
Establishments
Establishment units
Physical locations of this company
Hof ter Melle(Heu) 44
8501 Kortrijk
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
- 0795.364.663
- VAT number
- BE 0795.364.663
- Registered office
- Hof ter Melle(Heu) 44, 8501 Kortrijk
- Names & denominations
- Solar Switch
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2022
- Peppol
- Active · Active since 26 Feb 2024
- Contact
- [email protected]
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Dakwerkzaamheden
Algemene elektrotechnische installatiewerken
Overige zakelijke dienstverlening, neg
Waterdichtingswerken van muren