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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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
SOLFUND from Waregem, company number BE0831748175, closed financial year 2023 with a result of € -802,935 after tax. For that financial year SOLFUND recorded a gross margin of € -9,849 and equity of € -1.9 million. Compared with financial year 2022, the result moved from € -873,424 to € -802,935. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2024.
€ -1.9 million
▼ € 802,935 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -802,935
▲ 8 % less loss than in 2022
Profit after tax over the fiscal year.
€ 9,962
▲ € 7,998 vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.9 million.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 4,134
▲ 68% vs 2022
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € -47,260 | € -14,005 | € -9,849 | ▲ € 4,156 |
| Profit after taxes | € -140,299 | € -873,424 | € -802,935 | ▲ € 70,490 |
| Equity | € -247,086 | € -1,120,510 | € -1,923,445 | ▼ € 802,935 |
| Total debts | € 1,743,987 | € 1,841,156 | € 1,954,345 | ▲ 6% |
| Cash | € 6,763 | € 1,963 | € 9,962 | ▲ € 7,998 |
| Retained profit | € -2,265,686 | € -3,139,110 | € -3,942,045 | ▼ € 802,935 |
| Balance sheet total | € 1,496,900 | € 720,646 | € 30,901 | ▼ 96% |
Key figures of SOLFUND, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to SOLFUND?
What happened at SOLFUND in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
SOLFUND is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 802,935. Source: NBB ↗
- New establishment in Waregem. KBO
- MDM NV became a director. NBB
- Marc Dewaele became a director. NBB
- Thomas Dewaele became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 140,299 loss in 2021 to € 802,935 loss in 2023.
Management
Behind SOLFUND are MDM NV, Marc Dewaele and Thomas Dewaele. It owns 9.5% of SPS Fin itself.
Directors
According to the 2023 annual accounts
Director
Also active at: CTF 2000, LOMAT INTERNATIONAL, STORM GROUP, SEACORIN, FLAMAWAY GROUP, BUCA INVEST, FLAMAWAY IMMO, GROEPINVEST +3 more
since 2010
Marc Dewaele
Director
Also active at: MDM, CREAFUND, LOMAT INTERNATIONAL, BUCA INVEST, SJEVAL BLAN, THOMASOL, Solux Invest
since 2010
Thomas Dewaele
Director
since 2010
Establishments
Establishment units
Physical locations of this company
Henri Lebbestraat 190
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
EFFIX-, BE
Domain
Domain
lomat.be
Registered
1999-11-01
Website info
Features
Security
Details
- Company number
- 0831.748.175
- VAT number
- BE 0831.748.175
- Registered office
- Henri Lebbestraat 190, 8790 Waregem
- Names & denominations
- SOLFUND
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Opening faillissement
- Start date
- 30 November 2010
- Peppol
- Not registered
- Contact
- lomat.be