Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
SolarPulse from Sint-Martens-Latem, company number BE0818389889, closed financial year 2025 with a result of € 367,014 after tax. For that financial year SolarPulse recorded a gross margin of € 1.2 million and equity of € 68,200. Compared with financial year 2024, the result moved from € 24,581 to € 367,014. Profitable, and profit is growing. 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 7, 2026.
€ 68,200
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 367,014
▲ € 342,433 vs 2024
Profit after tax over the fiscal year.
€ 1.2 million
▲ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 367,014 paid out
100 % of the profit went to the shareholders, mostly to GREENI TOO (100 % of the shares). That is where the money ends up.
Debts at end 2025
€ 3.2 million
▼ 16% vs 2024
€ 624,720 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 32,720
▼ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 52,194
▲ 41% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,278,532 | € 1,207,742 | € 823,481 | € 1,238,918 | ▲ 50% |
| Profit after taxes | € 318,847 | € 278,520 | € 24,581 | € 367,014 | ▲ € 342,433 |
| Equity | € 68,200 | € 68,200 | € 68,200 | € 68,200 | |
| Total debts | € 5,226,600 | € 4,713,089 | € 3,890,306 | € 3,605,625 | ▼ 7% |
| Cash | € 1,539,004 | € 505,625 | € 905,832 | € 1,168,540 | ▲ 29% |
| Retained profit | € 6,200 | € 6,200 | € 6,200 | € 6,200 | |
| Dividend | € 318,847 | € 278,520 | € 24,581 | € 367,014 | ▲ € 342,433 |
| Bank debt | € 4,808,064 | € 4,290,960 | € 3,740,112 | € 3,153,696 | ▼ 16% |
| Balance sheet total | € 5,294,800 | € 4,781,289 | € 3,958,506 | € 3,673,825 | ▼ 7% |
Key figures of SolarPulse, 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 SolarPulse?
What happened at SolarPulse in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Participatiemaatschappij Vlaanderen NV stepped down as director. NBB
- Pieter Hensen stepped down as director. NBB
- Emmanuel Jans stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 367,014 (▲ € 342,433 vs 2024). Source: NBB ↗
- Pieter Hensen became a director. NBB
- Participatiemaatschappij Vlaanderen NV became a director. NBB
- Emmanuel Jans became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
In short
From € 318,847 profit in 2022 to € 367,014 profit in 2025.
Paid € 332,459 in corporate taxes since 2022.
Best year ever: 2025, with € 367,014 profit.
Paid out € 988,963 in dividends to the owners in total.
A new publication or filing at SolarPulse? 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 GREENI TOO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SolarPulseBehind SolarPulse is Greeni Too NV. The shares are held by GREENI TOO (100%).
Directors
According to the 2025 annual accounts
Persoon belast met dagelijks bestuur · represented by Jans Emmanuel
Participatiemaatschappij Vlaanderen NV
Director · represented by Mortier Tom
Also active at: VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK, Arts Gebroeders immobilière, BEDRIJVENCENTRUM VILVOORDE, BIOTECH FONDS VLAANDEREN, MAISON DE LA RADIO FLAGEY, HERTECANT FLANGES, Site-Ontwikkeling Vlaanderen, SUSTAINABLE ENERGY VENTURES +136 more
since 2018 · until 2030
Pieter Hensen
Director
Also active at: Kenniscentrum Glastuinbouw, GREENI TOO, Storm Courrière, Storm Olen, STORM HOLDING 5, ISP1-RG, Storm Wachtebeke, Storm Geraardsbergen
since 2021 · until 2030
since 2011 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Dorpsstraat 40
9831 Sint-Martens-Latem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0818.389.889
- VAT number
- BE 0818.389.889
- Registered office
- Dorpsstraat 40, 9831 Sint-Martens-Latem
- Names & denominations
- SolarPulse
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 September 2009
- Peppol
- Active · Active since 16 Sept 2025
- Activities · NACE
Productie van elektriciteit uit niet-hernieuwbare bronnen