Financials
Financial year 2025
SOLUTEL from Hasselt, company number BE0890051709, closed financial year 2025 with a result of € 230,592 after tax. For that financial year SOLUTEL recorded a gross margin of € 1.2 million and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 409,987 to € 230,592. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 31, 2026.
€ 1.4 million
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 230,592
▼ 44% vs 2024
Profit after tax over the fiscal year.
€ 347,522
▲ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 397,729 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
15.8
▲ 3.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 819,210
▲ 26% vs 2024
€ 51,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 34,142
▲ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 421,913
▼ 12% vs 2024
€ 34,143 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 76,271
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 218,147
▲ 70% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,076,996 | € 1,114,933 | € 1,186,223 | € 1,154,611 | ▼ 3% |
| Profit after taxes | € 396,363 | € 345,372 | € 409,987 | € 230,592 | ▼ 44% |
| Equity | € 1,082,204 | € 1,278,678 | € 1,611,510 | € 1,444,374 | ▼ 10% |
| Total debts | € 666,869 | € 829,207 | € 759,621 | € 1,025,229 | ▲ 35% |
| Cash | € 935,109 | € 338,189 | € 245,721 | € 347,522 | ▲ 41% |
| Land & buildings | € 513,889 | € 487,659 | € 602,025 | € 572,053 | ▼ 5% |
| Retained profit | € 1,062,204 | € 1,258,678 | € 1,591,510 | € 1,424,374 | ▼ 11% |
| Dividend | € 0 | € 148,899 | € 77,155 | € 397,729 | ▲ € 320,574 |
| Bank debt | € 487,119 | € 438,288 | € 477,424 | € 421,913 | ▼ 12% |
| Balance sheet total | € 1,749,073 | € 2,107,885 | € 2,371,132 | € 2,469,603 | ▲ 4% |
| Employees (FTE) | 11.9 | 11.9 | 12.7 | 15.8 | ▲ 3.1 |
Key figures of SOLUTEL, 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 SOLUTEL?
What happened at SOLUTEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 230,592 (▼ 44% vs 2024). Source: NBB ↗
- New establishment in Balen. KBO
- IWS Consult BV became a director. NBB
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 396,363 profit in 2022 to € 230,592 profit in 2025.
Paid € 369,368 in corporate taxes since 2022.
Best year ever: 2024, with € 409,987 profit.
On average € 73,100 of value added per employee in 2025.
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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 IWS Consult, INTROLUTION comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SOLUTELBehind SOLUTEL is IWS Consult BV. The shares are held by IWS Consult (30%) and INTROLUTION (10%).
Directors
According to the 2025 annual accounts
since 2023
Shareholders
30%
10%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Grote Baan 31
3511 Hasselt
Veststraat 5
2490 Balen
Active since 2 May 2024
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0890.051.709
- VAT number
- BE 0890.051.709
- Registered office
- Grote Baan 31, 3511 Hasselt
- Names & denominations
- SOLUTEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 June 2007
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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