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.
-
Busy address KBO
29 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SOLIFO from Merchtem, company number BE0889661927, closed financial year 2025 with a result of € 233,935 after tax. For that financial year SOLIFO recorded a gross margin of € 1.9 million and equity of € -5.2 million. Compared with financial year 2024, the result moved from € 919,941 to € 233,935. The company is profitable. 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 June 5, 2026.
€ -5.2 million
▲ € 233,935 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 233,935
▼ 75% vs 2024
Profit after tax over the fiscal year.
€ 205,946
▲ 66% 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 € -6.8 million.
Debts at end 2025
€ 15.9 million
▼ 5% vs 2024
Loans from banks and other lenders, long and short.
€ 193,335
▼ 66% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,592,478 | € 1,821,720 | € 2,744,915 | € 1,852,442 | ▼ 33% |
| Profit after taxes | € -202,418 | € 202,886 | € 919,941 | € 233,935 | ▼ 75% |
| Equity | € -6,575,754 | € -6,372,868 | € -5,452,927 | € -5,218,992 | ▲ € 233,935 |
| Total debts | € 21,002,976 | € 20,308,449 | € 17,487,772 | € 16,394,087 | ▼ 6% |
| Cash | € 180,619 | € 681,368 | € 124,287 | € 205,946 | ▲ 66% |
| Land & buildings | € 12,769,985 | € 12,139,330 | € 10,556,136 | € 10,065,323 | ▼ 5% |
| Retained profit | € -8,144,886 | € -7,942,000 | € -7,022,059 | € -6,788,124 | ▲ € 233,935 |
| Bank debt | € 20,358,391 | € 20,058,391 | € 16,657,241 | € 15,907,241 | ▼ 5% |
| Balance sheet total | € 14,427,222 | € 13,935,581 | € 12,034,846 | € 11,175,095 | ▼ 7% |
Key figures of SOLIFO, 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 SOLIFO?
What happened at SOLIFO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 233,935 (▼ 75% vs 2024). Source: NBB ↗
- RE-tail Return Partners I NV stepped down as director. NBB
- RE-tail Return Partners I NV became a director. NBB
- New establishment in Merchtem. KBO
- Start of the company according to the CBE. KBO
In short
From € 202,418 loss in 2022 to € 233,935 profit in 2025.
Paid € 363 in corporate taxes since 2022.
Best year ever: 2024, with € 919,941 profit.
A new publication or filing at SOLIFO? 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 RE-tail Return Partners I comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SOLIFOThe shares are held by RE-tail Return Partners I (88.9%). It owns 99% of FLO-MAT-BOIS itself.
Directors
According to the 2025 annual accounts
Director · represented by PHILIP DE GREVE
Also active at: FLO - MAT - BOIS, AAGE, RERO, REBR, REMA, INTERREGIONAL RETAIL AREA
since 2020 · until 2026
Shareholders
Participations
99%
Establishments
Establishment units
Physical locations of this company
Kleistraat 68
1785 Merchtem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 29 companies are registered at this address.
All companies at this address →Hanodis
€ 721,776 gross margin · 2025
FLO - MAT - BOIS same network
€ 2 million gross margin · 2025
EQGO
€ 1.2 million gross margin · 2025
AAGE same network
€ 951,060 gross margin · 2025
RERO same network
€ 459,426 gross margin · 2025
+24 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
- 0889.661.927
- VAT number
- BE 0889.661.927
- Registered office
- Kleistraat 68, 1785 Merchtem
- Names & denominations
- SOLIFO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 May 2007
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
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