Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Solara Diamond from Antwerpen, company number BE0863637619, closed financial year 2025 with a result of € -3.8 million after tax. For that financial year Solara Diamond recorded a gross margin of € -3.8 million and equity of € -4.5 million. Compared with financial year 2024, the result moved from € -530,523 to € -3.8 million. 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 August 27, 2026.
€ -4.5 million
▼ € 3.8 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3.8 million
▼ 625 % more loss than in 2024
Profit after tax over the fiscal year.
€ 34,816
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4.6 million.
People and assets in 2025
€ 30,524
▲ 10% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 239
Loans from banks and other lenders, long and short.
€ 7.3 million
▼ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 29,974
▲ 32% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -141,735 | € 27,353 | € -482,171 | € -3,782,649 | ▼ € 3.3 million |
| Profit after taxes | € -154,345 | € 1,386 | € -530,523 | € -3,845,090 | ▼ € 3.3 million |
| Equity | € -161,487 | € -160,100 | € -690,623 | € -4,535,713 | ▼ € 3.8 million |
| Total debts | € 8,517,572 | € 13,216,198 | € 14,105,135 | € 12,116,395 | ▼ 14% |
| Cash | € 4,949 | € 319,627 | € 90,851 | € 34,816 | ▼ 62% |
| Retained profit | € -181,087 | € -179,700 | € -710,223 | € -4,555,313 | ▼ € 3.8 million |
| Bank debt | € 4,690,981 | € 0 | € 0 | € 239 | |
| Balance sheet total | € 8,356,085 | € 13,056,097 | € 13,414,512 | € 7,580,682 | ▼ 43% |
Key figures of Solara Diamond, 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 Solara Diamond?
What happened at Solara Diamond in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3.8 million. filed late Source: NBB ↗
- Rahil Shah became a director. NBB
- Saloni Sanghvi became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 154,345 loss in 2022 to € 3.8 million loss in 2025.
Paid € 68,739 in corporate taxes since 2022.
Best year ever: 2023, with € 1,386 profit.
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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
Behind Solara Diamond are Rahil Shah and Saloni Sanghvi.
Directors
According to the 2025 annual accounts
Rahil Shah
Director
since 2018
Saloni Sanghvi
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Hoveniersstraat 30 box 195
2018 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0863.637.619
- VAT number
- BE 0863.637.619
- Registered office
- Hoveniersstraat 30 bus 195, 2018 Antwerpen
- Names & denominations
- Solara Diamond
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 February 2004
- Peppol
- Active · Active since 7 Oct 2025
- Activities · NACE
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