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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Busy address KBO
55 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SOLAR FINANCE from Antwerpen, company number BE0829649116, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year SOLAR FINANCE recorded revenue of € 5.9 million and equity of € 6.7 million. Compared with financial year 2024, the result moved from € 1.1 million to € 1.3 million. 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 May 26, 2026.
€ 6.7 million
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▲ 20% vs 2024
Profit after tax over the fiscal year.
€ 3.5 million
▼ 7% 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
€ 10.1 million
▼ 16% vs 2024
€ 2.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 522,550
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 123 days on average.
€ 41,900
▲ 18% 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 | |
|---|---|---|---|---|---|
| Revenue | € 8,098,473 | € 6,299,587 | € 5,402,060 | € 5,940,143 | ▲ 10% |
| Profit after taxes | € 2,473,165 | € 1,648,090 | € 1,083,228 | € 1,305,240 | ▲ 20% |
| Equity | € 5,404,266 | € 5,404,266 | € 5,404,266 | € 6,709,506 | ▲ 24% |
| Total debts | € 20,761,683 | € 16,667,895 | € 14,878,216 | € 10,736,340 | ▼ 28% |
| Cash | € 5,604,871 | € 3,412,886 | € 3,819,230 | € 3,548,478 | ▼ 7% |
| Retained profit | € 491,297 | € 491,297 | € 491,297 | € 1,796,537 | ▲ 266% |
| Dividend | € 3,366,378 | € 1,648,090 | € 1,083,228 | € 0 | ▼ 100% |
| Bank debt | € 15,891,445 | € 13,938,837 | € 12,084,317 | € 10,129,915 | ▼ 16% |
| Balance sheet total | € 26,165,949 | € 22,072,162 | € 20,282,482 | € 17,445,846 | ▼ 14% |
Key figures of SOLAR FINANCE, 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 SOLAR FINANCE?
What happened at SOLAR FINANCE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- TINC NV stepped down as director. NBB
- Charles Libert stepped down as director. NBB
- Equans NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.3 million (▲ 20% vs 2024). Source: NBB ↗
- Charles Libert became a director. NBB
- TINC NV became a director. NBB
- Equans NV became a director. NBB
- New establishment in Genk. KBO
In short
From € 2.5 million profit in 2022 to € 1.3 million profit in 2025.
Paid € 2.2 million in corporate taxes since 2022.
Best year ever: 2022, with € 2.5 million profit.
Paid out € 6.1 million in dividends to the owners in total.
A new publication or filing at SOLAR FINANCE? 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 shares are held by TINC NV (87.4%) and Equans NV (12.6%).
Directors
According to the 2025 annual accounts
Director · represented by Felix Heylen, Stéphanie Dobbelaere
Also active at: Storm Genk, VIA BRUGGE, Storm Melsele, Storm Gent 2, Storm Holding 4, OBELISC, T&D Invest, DCU Invest +17 more
since 2021 · until 2032
Director · represented by Walter Van Denberghe
since 2021 · until 2027
Charles Libert
Director
Also active at: Immo F.D.S., GILSON - LIBERT & PARTNERS, Kuma Capital Consulting, Sunroof, Hightide, ELICIO BERLARE, SOLESS, Lowtide
since 2023 · until 2029
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Karel Oomsstraat 37
2018 Antwerpen
Henry Fordlaan 33
3600 Genk
Active since 24 September 2010
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 55 companies are registered at this address.
All companies at this address →Gimv
€ 8.6 million revenue · 2025
Jan Moonen
€ 686,931 revenue · 2025
Wilson
€ 123,804 gross margin · 2025
San Michel
€ 64,813 gross margin · 2025
Immo Alfa
€ 383,148 gross margin · 2025
+50 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
- 0829.649.116
- VAT number
- BE 0829.649.116
- Registered office
- Karel Oomsstraat 37, 2018 Antwerpen
- Names & denominations
- SOLAR FINANCE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 September 2010
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Productie van elektriciteit uit niet-hernieuwbare bronnen
Handel in elektriciteit