Financials
Financial year 2025
SOLYCO from Gent, company number BE0818990301, closed financial year 2025 with a result of € 536,593 after tax. For that financial year SOLYCO recorded a gross margin of € 57,666 and equity of € 24.5 million. Compared with financial year 2024, the result moved from € 351,452 to € 536,593. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 24.5 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 536,593
▲ 53% vs 2024
Profit after tax over the fiscal year.
€ 464,835
▼ 16% 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 € 15 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 23,581
▲ 114% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,121
▲ 130% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 91,878 | € 50,217 | € 76,942 | € 57,666 | ▼ 25% |
| Profit after taxes | € 6,143,789 | € 2,592,310 | € 351,452 | € 536,593 | ▲ 53% |
| Equity | € 21,228,741 | € 23,606,765 | € 23,958,218 | € 24,494,811 | ▲ 2% |
| Total debts | € 376,347 | € 305,608 | € 204,811 | € 114,467 | ▼ 44% |
| Cash | € 586,585 | € 50,772 | € 550,227 | € 464,835 | ▼ 16% |
| Retained profit | € 11,767,708 | € 14,145,732 | € 14,497,185 | € 15,033,778 | ▲ 4% |
| Dividend | € 0 | € 214,286 | € 0 | € 0 | |
| Balance sheet total | € 21,605,088 | € 23,912,373 | € 24,163,029 | € 24,609,278 | ▲ 2% |
Key figures of SOLYCO, 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 SOLYCO?
What happened at SOLYCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 536,593 (▲ 53% vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Gent. KBO
In short
From € 6.1 million profit in 2022 to € 536,593 profit in 2025.
Paid € 108,215 in corporate taxes since 2022.
Best year ever: 2022, with € 6.1 million profit.
Paid out € 214,286 in dividends to the owners in total.
Management
Behind SOLYCO is August Ysebaert. It owns 100% of Vlevy International, 100% of Vlevy France, 100% of Vypack, 100% of Vlevy Duitsland, 99.9% of EROF and 99.9% of Vlevy Meat Products itself.
Directors
According to the 2025 annual accounts
August Ysebaert
Director
Also active at: E.R.O.F., VLEVY, PARYDO, VYPACK, Vlevy Meat Products, VLEVY INTERNATIONAL
Establishments
Establishment units
Physical locations of this company
Handekenskruidstraat 18
9041 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0818.990.301
- VAT number
- BE 0818.990.301
- Registered office
- Handekenskruidstraat 18, 9041 Gent
- Names & denominations
- SOLYCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 2009
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings