ACTIVE

SOLVAY

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

59,1 M €

-74.0% YoY

Revenue

72,2 M €

-13.6% YoY

Equity

1,6 Md €

-10.7% YoY

Workforce

317,0 ETP

-11.3% YoY

What does SOLVAY do?

SOLVAY is a Public limited company incorporated in 1863. Its main activity is: Manufacture of other inorganic basic chemicals. Its registered office is in Bruxelles. It employs on average 317,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0403.091.220

Incorporation

26/12/1863

Legal form

Public limited company

Registered office

Rue de Ransbeek 310
1120 Bruxelles · BruxellesSee on map

Contributed capital

415 409 849,20 €

Latest accounts

31/12/2025

Average workforce

317,0 ETP

Activities (NACE)

20130Manufacture of other inorganic basic chemicals· main 20130Manufacture of other inorganic basic chemicals 24130Manufacture of basic iron and steel and of ferro-alloys 70100Activities of head offices 70100Activities of head offices

Joint committees (1)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	72,2 M €	-13.6%	83,6 M €	-24.7%	111,1 M €	-21.0%	140,6 M €	+177%	50,7 M €	+359%	11,1 M €	-11.6%	12,5 M €	+11.2%	11,3 M €	+32.3%	8,5 M €	-21.5%	10,8 M €	-91.4%	126 M €	-58.7%	305 M €	-6.1%	324,6 M €	+10.0%	295,2 M €	-39.1%	484,8 M €	+13.5%	427,1 M €	+70.7%	250,2 M €	-38.2%	405 M €
EBITDA	13,1 M €	-86.1%	93,8 M €	+3485%	2,6 M €	-98.8%	226,4 M €	-43.8%	403 M €	+291%	-210,6 M €	-220%	175,5 M €	+30.8%	134,2 M €	-44.5%	241,7 M €	+1276%	-20,6 M €	-113%	163,5 M €	+224%	-131,3 M €	+0.5%	-132 M €	+9.1%	-145,2 M €	-1.7%	-142,7 M €	-402%	-28,4 M €	-18.2%	-24,1 M €	+71.9%	-85,5 M €
Operating result	-24,6 M €	-129%	84,2 M €	+548%	-18,8 M €	-115%	127,7 M €	-70.2%	427,8 M €	+268%	-254,6 M €	-293%	132,2 M €	+216%	41,8 M €	-69.7%	137,9 M €	+216%	-119 M €	-227%	93,9 M €	+146%	-204 M €	-1.1%	-201,9 M €	+4.6%	-211,6 M €	-7.9%	-196,2 M €	-178%	-70,5 M €	-12.0%	-63 M €	+51.2%	-129,1 M €
Net result	59,1 M €	-74.0%	227 M €	-85.7%	1,6 Md €	+251%	454,4 M €	-14.6%	531,8 M €	+126%	-2,1 Md €	-492%	527,1 M €	+0.3%	525,7 M €	-28.2%	732,6 M €	+81.4%	403,9 M €	-77.2%	1,8 Md €	+223%	549,9 M €	+53.2%	359 M €	-61.5%	933 M €	+187%	324,7 M €	-88.3%	2,8 Md €	+949%	265,3 M €	-29.5%	376,4 M €
Balance sheet
Equity	1,6 Md €	-10.7%	1,8 Md €	-1.6%	1,9 Md €	-79.4%	9 Md €	+0.3%	9 Md €	+1.4%	8,9 Md €	-21.7%	11,3 Md €	+1.2%	11,2 Md €	+1.2%	11,1 Md €	+3.3%	10,7 Md €	+0.4%	10,7 Md €	+37.6%	7,8 Md €	+3.5%	7,5 Md €	+1.2%	7,4 Md €	+9.8%	6,8 Md €	+1.0%	6,7 Md €	+60.6%	4,2 Md €	+0.4%	4,1 Md €
Total assets	4,9 Md €	-12.5%	5,6 Md €	-0.1%	5,6 Md €	-65.0%	15,9 Md €	+3.7%	15,4 Md €	-1.3%	15,6 Md €	-15.1%	18,4 Md €	-5.0%	19,3 Md €	-4.1%	20,2 Md €	+3.5%	19,5 Md €	-1.2%	19,7 Md €	+57.2%	12,5 Md €	-5.7%	13,3 Md €	+9.9%	12,1 Md €	-15.8%	14,4 Md €	+5.1%	13,7 Md €	+95.3%	7 Md €	+5.7%	6,6 Md €
Cash	59,9 M €	-28.8%	84,1 M €	-43.7%	149,3 M €	-75.6%	611,4 M €	+40.1%	436,3 M €	+25.1%	348,9 M €	+3.2%	338 M €	-19.0%	417,5 M €	+81.8%	229,7 M €	+21007%	1,1 M €	-67.1%	3,3 M €	-70.5%	11,2 M €	+114%	5,2 M €	+270%	1,4 M €	-81.7%	7,7 M €	-24.1%	10,2 M €	+13204%	76,5 k €	-79.7%	376,3 k €
Debts	3 Md €	-14.1%	3,5 Md €	-0.3%	3,5 Md €	-47.5%	6,7 Md €	+7.9%	6,2 Md €	+1.2%	6,1 Md €	-8.9%	6,7 Md €	-13.8%	7,8 Md €	-11.8%	8,8 Md €	+5.8%	8,3 Md €	-3.4%	8,6 Md €	+99.4%	4,3 Md €	-19.3%	5,3 Md €	+27.6%	4,2 Md €	-41.1%	7,1 Md €	+8.5%	6,6 Md €	+172%	2,4 Md €	+9.9%	2,2 Md €
Other
Workforce	317,0 ETP	-11.3%	357,5 ETP	-50.8%	726,4 ETP	-4.6%	761,4 ETP	-4.4%	796,5 ETP	-6.7%	853,5 ETP	+1.7%	839,2 ETP	+3.1%	813,9 ETP	-0.2%	815,9 ETP	+3.3%	789,5 ETP	-1.3%	800,2 ETP	-2.2%	818,5 ETP	+2.4%	799,3 ETP	-2.6%	820,4 ETP	-12.4%	936,4 ETP	-3.3%	968,3 ETP	-1.7%	984,9 ETP	-14.4%	1 150,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 10 active · 102 ended

Active mandates

Wolfgang Colberg

Director · since 13 mai 2025 · until 08 mai 2029

Active

Annette Stube

Director · since 08 décembre 2023 · until 11 mai 2027

Active

Melchior de Vogüé

Director · since 08 décembre 2023 · until 11 mai 2027

Active

Philippe Kehren

Director · since 08 décembre 2023 · until 11 mai 2027

Active

Thierry Bonnefous

Director · since 08 décembre 2023 · until 11 mai 2027

Active

Thomas Aebischer

Director · since 08 décembre 2023 · until 11 mai 2027

Active

Yves Bonte

Director · since 08 décembre 2023 · until 11 mai 2027

Active

Marjan Oudeman

Director · since 10 mai 2023 · until 11 mai 2027

Active

Pierre Gurdjian

Chairman of the board of directors · since 10 mai 2022 · until 12 mai 2026

Active

Aude Thibaut de Maisières

Director · since 12 mai 2020 · until 09 mai 2028

Active

Ended mandates

Laurence Debroux

Director · since 10 mai 2022 · until 12 mai 2026

Ended

Pierre Gurdjian

Director · since 10 mai 2022 · until 12 mai 2026

Ended

Edouard Janssen

Director · since 11 mai 2021 · until 13 mai 2025

Ended

Wolfgang Colberg

Director · since 11 mai 2021 · until 13 mai 2025

Ended

At this address

Other companies at this address

Company	CBE no.
BASF INTEROX H202 PRODUCTION● Active	0880.410.503
Copersol● Liquidation	0403.409.241
Fonds Hannon● Active	0410.696.812
Hestia● Active	0413.879.402
INEOS BELGIUM HOLDCO● Active	0871.523.521
INEOS ENERGY TRADING EUROPE● Active	1012.244.587
INEOS Pigments Europe Sales● Active	0728.808.609
INEOS SALES BELGIUM● Active	0871.522.234
INEOS SERVICES BELGIUM● Active	0871.521.046
INEOS SOLVENTS BELGIUM● Active	0637.749.858
PS-Solutions● Active	1030.762.283
Société de gestion Mâle Plume● Active	0893.290.420
SOLVAY CHEMICALS INTERNATIONAL● Active	0406.804.736
SOLVAY CHIMIE● Active	0408.249.541
Solvay Group - Pillar 2● Active	1012.062.465
SOLVAY PHARMACEUTICALS SA● Active	0877.542.370
SOLVAY STOCK OPTION MANAGEMENT● Active	0882.759.287

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	m120-f-p
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/05/2026	16/05/2025	31/05/2024	11/05/2023	12/05/2022	31/05/2021
General meeting	12/05/2026	13/05/2025	28/05/2024	09/05/2023	10/05/2022	11/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

162 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	12/05/2026	26/05/2026	French	PDF
m120-f-p	31/12/2025	12/05/2026	26/05/2026	French	PDF
Full model	31/12/2024	13/05/2025	16/05/2025	French	PDF
Full model	31/12/2024	13/05/2025	16/05/2025	Dutch	PDF
m120-f-p	31/12/2024	13/05/2025	21/05/2025	French	PDF
m120-f-p	31/12/2024	13/05/2025	21/05/2025	Dutch	PDF
Full model	31/12/2023	28/05/2024	31/05/2024	French	PDF
Full model	31/12/2023	28/05/2024	31/05/2024	Dutch	PDF
m120-f-p	31/12/2023	28/05/2024	30/05/2024	Dutch	PDF
m120-f-p	31/12/2023	28/05/2024	30/05/2024	French	PDF
Full model	31/12/2022	09/05/2023	11/05/2023	French	PDF
Full model	31/12/2022	09/05/2023	11/05/2023	Dutch	PDF
m120-f-p	31/12/2022	09/05/2023	11/05/2023	Dutch	PDF
m120-f-p	31/12/2022	09/05/2023	11/05/2023	French	PDF
Full model	31/12/2021	10/05/2022	12/05/2022	French	PDF
Full model	31/12/2021	10/05/2022	12/05/2022	Dutch	PDF
m120-f-p	31/12/2021	10/05/2022	17/05/2022	Dutch	PDF
m120-f-p	31/12/2021	10/05/2022	17/05/2022	French	PDF
Full model	31/12/2020	11/05/2021	28/05/2021	French	PDF
Full model	31/12/2020	11/05/2021	18/05/2021	Dutch	PDF
m120-f-p	31/12/2020	11/05/2021	31/05/2021	French	PDF
m120-f-p	31/12/2020	11/05/2021	31/05/2021	Dutch	PDF
Full model	31/12/2019	12/05/2020	14/05/2020	Dutch	PDF
Full model	31/12/2019	12/05/2020	14/05/2020	French	PDF

View all 162 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 10 active · 102 ended

Active mandates

Wolfgang Colberg

Director · since 13 mai 2025 · until 08 mai 2029

Active

Annette Stube

Director · since 08 décembre 2023 · until 11 mai 2027

Active

Melchior de Vogüé

Director · since 08 décembre 2023 · until 11 mai 2027

Active

Philippe Kehren

Director · since 08 décembre 2023 · until 11 mai 2027

Active

Thierry Bonnefous

Director · since 08 décembre 2023 · until 11 mai 2027

Active

Thomas Aebischer

Director · since 08 décembre 2023 · until 11 mai 2027

Active

Yves Bonte

Director · since 08 décembre 2023 · until 11 mai 2027

Active

Marjan Oudeman

Director · since 10 mai 2023 · until 11 mai 2027

Active

Pierre Gurdjian

Chairman of the board of directors · since 10 mai 2022 · until 12 mai 2026

Active

Aude Thibaut de Maisières

Director · since 12 mai 2020 · until 09 mai 2028

Active

Ended mandates

Laurence Debroux

Director · since 10 mai 2022 · until 12 mai 2026

Ended

Pierre Gurdjian

Director · since 10 mai 2022 · until 12 mai 2026

Ended

Edouard Janssen

Director · since 11 mai 2021 · until 13 mai 2025

Ended

Wolfgang Colberg

Director · since 11 mai 2021 · until 13 mai 2025

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/06/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates01/06/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates13/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/06/2025
DEMISSIONS, NOMINATIONS
PDF
Capital / shares01/04/2025
KAPITAAL - AANDELEN
PDF
Capital / shares01/04/2025
CAPITAL, ACTIONS
PDF
Mandates15/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/07/2024
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

12/05/2026
reconductionPierre Gurdjian — administrateur indépendant
2025
Annual accounts 202559,1 M €↓
13/05/2025
reconductionWolfgang Colberg — administrateur indépendant
13/05/2025
reconductionEY Réviseurs d'Entreprises SRL — commissaire
13/05/2025
reconductionWolfgang Colberg — lid van de Raad van Bestuur / onafhankelijk bestuurder
13/05/2025
reconductionEY Bedrijfsrevisoren BV — commissaris
04/03/2025
nominationPhilippe Kehren — Afgevaardigd Bestuurder
04/03/2025
nominationAlexandre Blum — Financieel en Strategisch Directeur
04/03/2025
nominationLanny Duvall — Directeur Operaties
04/03/2025
nominationMark Van Bijsterveld — Directeur Human Resources
04/03/2025
nominationLisa J. Brown — Group General Counsel en Corporate Secretary
2024
Annual accounts 2024227 M €↓
28/05/2024
nominationEric Van Hoof — permanente vertegenwoordiger van EY Bedrijfsrevisoren BVBA (commissaris)
28/05/2024
nominationEric Van Hoof — représentant permanent du commissaire (EY Réviseurs d'Entreprises SRL)
28/05/2024
reconductionAude Thibaut de Maisières — administratrice
28/05/2024
reconductionAude Thibaut de Maisières — lid van de Raad van Bestuur
2023
Annual accounts 20231,6 Md €↑
09/12/2023
nominationPhilippe Kehren — Directeur Général et Président de l'ELT
09/12/2023
nominationAlexandre Blum — Directeur Financier et Directeur de la Stratégie
09/12/2023
nominationLanny Duvall — Directeur des Opérations
09/12/2023
nominationMark van Bijsterveld — Directeur des Ressources Humaines
09/12/2023
nominationLisa J. Brown — Group General Counsel & Corporate Secretary
09/12/2023
nominationPhilippe Kehren — Algemeen Directeur / Voorzitter van het ELT
09/12/2023
nominationAlexandre Blum — Financieel Directeur en Directeur Strategie
09/12/2023
nominationLanny Duvall — Directeur Bedrijfsvoering
09/12/2023
nominationDr. Mark van Bijsterveld — Directeur Personeelszaken
08/12/2023
split
08/12/2023
reduction_capital
01/10/2023
reconductionKarim Hajjar — lid van het Uitvoerend Comité
01/10/2023
reconductionKarim Hajjar — membre du Comité exécutif
01/09/2023
reconductionHervé Tiberghien — lid van het Uitvoerend Comité
01/09/2023
reconductionHervé Tiberghien — membre du Comité exécutif
09/05/2023
reconductionMarjan Oudeman — administratrice indépendante
09/05/2023
reconductionRosemary Thorne — administratrice indépendante
09/05/2023
reconductionMarjan Oudeman — onafhankelijk bestuurder
09/05/2023
reconductionRosemary Thorne — onafhankelijk bestuurder
01/04/2023
reconductionDominikus Golsong — lid van het Uitvoerend Comité
01/04/2023
reconductionMarc Chollet — lid van het Uitvoerend Comité
01/04/2023
reconductionDominikus Golsong — membre du Comité exécutif
01/04/2023
reconductionMarc Chollet — membre du Comité exécutif
01/01/2023
reconductionIlham Kadri — voorzitter van het Uitvoerend Comité
01/01/2023
reconductionIlham Kadri — Présidente du Comité exécutif
2022
Annual accounts 2022454,4 M €↓
10/05/2022
reconductionGilles Michel — administrateur indépendant
10/05/2022
reconductionMatti Lievonen — administrateur indépendant
10/05/2022
reconductionRosemary Thorne — administrateur indépendant
10/05/2022
nominationPierre Gurdjian — Administrateur indépendant
10/05/2022
nominationLaurence Debroux — Administrateur indépendant
10/05/2022
reconductionGilles Michel — onafhankelijke bestuurders
10/05/2022
reconductionMatti Lievonen — onafhankelijke bestuurders
10/05/2022
reconductionRosemary Thorne — onafhankelijk bestuurder
10/05/2022
nominationPierre Gurdjian — onafhankelijk bestuurder
10/05/2022
nominationLaurence Debroux — onafhankelijk Bestuurder
2021
Annual accounts 2021531,8 M €↑
2020
Annual accounts 2020-2,1 Md €↓
2019
Annual accounts 2019527,1 M €↑
2018
Annual accounts 2018525,7 M €↓
2017
Annual accounts 2017732,6 M €↑
2016
Annual accounts 2016403,9 M €↓
2015
Annual accounts 20151,8 Md €↑
2014
Annual accounts 2014549,9 M €↑
2013
Annual accounts 2013359 M €↓
2012
Annual accounts 2012933 M €↑
2011
Annual accounts 2011324,7 M €↓
2010
Annual accounts 20102,8 Md €↑
2009
Annual accounts 2009265,3 M €↓
2008
Annual accounts 2008376,4 M €
26/12/1863
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SOLVAY

Overview

What does SOLVAY do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline