ACTIVE

Solvac

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Financial year 2025 · closed on 31/12/2025
Net result
125,3 M €
+19.7% YoY
Equity
2,5 Md €
+0.0% YoY
Workforce
2,0 ETP
-13.0% YoY

What does Solvac do?

Solvac is a Public limited company incorporated in 1983. Its main activity is: Activities of holding companies. Its registered office is in Ixelles. It employs on average 2,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0423.898.710
Incorporation
24/01/1983
Legal form
Public limited company
Registered office
Rue des Champs Elysées 43
1050 Ixelles · BruxellesSee on map
Contributed capital
765 608 158,10 €
Latest accounts
31/12/2025
Average workforce
2,0 ETP
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies
Joint committees (1)
  • 200
Signals
ProfitableSolid equityPositive cashflowHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122010200920082007
Income statement
EBITDA-3,9 M €-3,1 M €-4,7 M €-1,9 M €-1,8 M €-4 M €-1,5 M €-1,4 M €-1,2 M €-1,5 M €-1,4 M €-1,2 M €-918,5 k €-761 k €-792,7 k €-870,9 k €-746,8 k €-619,8 k €
Operating result-3,9 M €-3,1 M €-4,7 M €-1,9 M €-1,8 M €-4 M €-1,5 M €-1,4 M €-1,2 M €-1,5 M €-1,5 M €-1,2 M €-918,5 k €-761 k €-792,7 k €-870,9 k €-746,8 k €-619,8 k €
Net result125,3 M €104,7 M €127,3 M €122 M €117,4 M €114,4 M €118,7 M €113,7 M €108,7 M €100,4 M €79 M €76,6 M €79,5 M €72,7 M €69,1 M €69 M €141,5 M €44,4 M €
Balance sheet
Equity2,5 Md €2,5 Md €2,5 Md €2,5 Md €2,5 Md €2,5 Md €2,5 Md €2,5 Md €2,5 Md €2,5 Md €2,5 Md €2,1 Md €2,1 Md €2,1 Md €2,1 Md €2,1 Md €2,1 Md €2 Md €
Total assets2,7 Md €2,7 Md €2,8 Md €2,7 Md €2,7 Md €2,7 Md €2,7 Md €2,7 Md €2,7 Md €2,7 Md €2,7 Md €2,2 Md €2,2 Md €2,2 Md €2,2 Md €2,2 Md €2,2 Md €2,2 Md €
Cash3,3 M €3,2 M €4,2 M €736,3 k €584,4 k €402,5 k €389,8 k €1,4 M €206 k €1,2 M €2,4 M €573,1 k €658,5 k €384,8 k €244,1 k €229 k €96,8 k €19,1 k €
Debts214,7 M €215,3 M €217,9 M €214,8 M €215,8 M €216,9 M €206,5 M €208 M €206,7 M €207,1 M €179,8 M €157,8 M €160,1 M €163,8 M €164,4 M €163,6 M €171,9 M €177,5 M €
Other
Workforce2,0 ETP2,3 ETP2,8 ETP1,6 ETP1,6 ETP1,6 ETP1,7 ETP1,4 ETP2,0 ETP2,4 ETP2,2 ETP1,3 ETP1,0 ETP–––––
Estimate

Indicative valuation

As an indication, this company is worth

more than 1.000 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 13 active · 86 ended

Active mandates

Patrick Solvay

Director · since 13 mai 2025 · until 08 mai 2029

Active
Savina de Limon Triest

Director · since 13 mai 2025 · until 08 mai 2029

Active
Tanguy du Monceau de Bergendal

Director · since 13 mai 2025 · until 08 mai 2029

Active
Valentine Delwart

Director · since 13 mai 2025 · until 08 mai 2029

Active
Jean-Marie Solvay

Chairman of the board of directors · since 28 mai 2024 · until 09 mai 2028

Active
Olivia Rolin

Director · since 28 mai 2024 · until 09 mai 2028

Active
Gaëtan Vercruysse

Director · since 09 mai 2023 · until 11 mai 2027

Active
Laure le Hardÿ de Beaulieu

Director · since 09 mai 2023 · until 11 mai 2027

Active
Mélodie de la Vallée de Rarecourt de Pimodan

Director · since 09 mai 2023 · until 11 mai 2027

Active
Marion De Decker-Semet

Director · since 10 mai 2022 · until 12 mai 2026

Active
Melchior de Vogüé

Managing director · since 10 mai 2022 · until 12 mai 2026

Active
Patrick Mondron

Director · since 10 mai 2022 · until 12 mai 2026

Active
Vincent Baron de Dorlodot

Director · since 10 mai 2022 · until 12 mai 2026

Active

Ended mandates

Jean-Patrick Mondron

Director · since 10 mai 2022 · until 12 mai 2026

Ended
Marc-Eric Janssen de la Boëssière-Thiennes

Director · since 10 mai 2022 · until 12 mai 2026

Ended
Patrick Solvay

Director · since 11 mai 2021 · until 13 mai 2025

Ended
Savina de Limon Triest

Director · since 11 mai 2021 · until 13 mai 2025

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelm120-f-p
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/06/202627/05/202527/02/202524/05/202311/05/202228/05/2021
General meeting12/05/202613/05/202528/05/202409/05/202310/05/202211/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

80 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202512/05/202602/06/2026DutchPDF
Full model31/12/202512/05/202602/06/2026FrenchPDF
Full modelCorrection31/12/202413/05/202514/11/2025DutchPDF
Full modelCorrection31/12/202413/05/202512/11/2025FrenchPDF
Full model31/12/202413/05/202527/05/2025DutchPDF
Full model31/12/202413/05/202526/05/2025FrenchPDF
Full modelCorrection31/12/202328/05/202427/02/2025DutchPDF
Full modelCorrection31/12/202328/05/202426/02/2025FrenchPDF
Full model31/12/202328/05/202410/06/2024FrenchPDF
Full model31/12/202328/05/202410/06/2024DutchPDF
Full model31/12/202209/05/202324/05/2023DutchPDF
Full model31/12/202209/05/202324/05/2023FrenchPDF
m120-f-p31/12/202209/05/202309/06/2023DutchPDF
m120-f-p31/12/202209/05/202309/06/2023FrenchPDF
Full model31/12/202110/05/202211/05/2022DutchPDF
Full model31/12/202110/05/202211/05/2022FrenchPDF
m120-f-p31/12/202110/05/202213/05/2022FrenchPDF
m120-f-p31/12/202110/05/202213/05/2022DutchPDF
Full model31/12/202011/05/202118/05/2021DutchPDF
Full model31/12/202011/05/202118/05/2021FrenchPDF
m120-f-p31/12/202011/05/202128/05/2021DutchPDF
m120-f-p31/12/202011/05/202128/05/2021FrenchPDF
Full model31/12/201912/05/202020/05/2020DutchPDF
Full model31/12/201912/05/202020/05/2020FrenchPDF

View all 80 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

more than 1.000 M€

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 · 13 active · 86 ended

Active mandates

Patrick Solvay

Director · since 13 mai 2025 · until 08 mai 2029

Active
Savina de Limon Triest

Director · since 13 mai 2025 · until 08 mai 2029

Active
Tanguy du Monceau de Bergendal

Director · since 13 mai 2025 · until 08 mai 2029

Active
Valentine Delwart

Director · since 13 mai 2025 · until 08 mai 2029

Active
Jean-Marie Solvay

Chairman of the board of directors · since 28 mai 2024 · until 09 mai 2028

Active
Olivia Rolin

Director · since 28 mai 2024 · until 09 mai 2028

Active
Gaëtan Vercruysse

Director · since 09 mai 2023 · until 11 mai 2027

Active
Laure le Hardÿ de Beaulieu

Director · since 09 mai 2023 · until 11 mai 2027

Active
Mélodie de la Vallée de Rarecourt de Pimodan

Director · since 09 mai 2023 · until 11 mai 2027

Active
Marion De Decker-Semet

Director · since 10 mai 2022 · until 12 mai 2026

Active
Melchior de Vogüé

Managing director · since 10 mai 2022 · until 12 mai 2026

Active
Patrick Mondron

Director · since 10 mai 2022 · until 12 mai 2026

Active
Vincent Baron de Dorlodot

Director · since 10 mai 2022 · until 12 mai 2026

Active

Ended mandates

Jean-Patrick Mondron

Director · since 10 mai 2022 · until 12 mai 2026

Ended
Marc-Eric Janssen de la Boëssière-Thiennes

Director · since 10 mai 2022 · until 12 mai 2026

Ended
Patrick Solvay

Director · since 11 mai 2021 · until 13 mai 2025

Ended
Savina de Limon Triest

Director · since 11 mai 2021 · until 13 mai 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/09/2026
    Renouvellement de mandats - démission - nomination
    PDF
  • Mandates08/09/2026
    Hernieuwing van mandaten — ontslag — benoeming
    PDF
  • Capital / shares08/06/2026
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares08/06/2026
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates13/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/01/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/12/2024
    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

Timeline

  1. 2025
    Annual accounts 2025125,3 M €↑
  2. 13/05/2025
    reconductionPatrick Solvay — Bestuurder
  3. 13/05/2025
    reconductionSavina de Limon Triest — Bestuurder
  4. 13/05/2025
    reconductionValentine Delwart — Bestuurder
  5. 13/05/2025
    nominationTanguy du Monceau de Bergendal — bestuurder
  6. 13/05/2025
    reconductionPatrick Solvay — Administrateur
  7. 13/05/2025
    reconductionSavina de Limon Triest — Administrateur
  8. 13/05/2025
    reconductionValentine Delwart — Administrateur
  9. 13/05/2025
    nominationTanguy du Monceau de Bergendal — Administrateur
  10. 13/05/2025
    reconductionMarie-Laure Moreau — Commissaire
  11. 2024
    Annual accounts 2024104,7 M €↓
  12. 30/05/2024
    nominationMarie-Laure Moreau — représentant permanent d’EY Réviseurs d'entreprises SRL
  13. 30/05/2024
    nominationMarie-Laure Moreau — permanent vertegenwoordiger van EYBedrijfsrevisoren BV
  14. 28/05/2024
    reconductionJean-Marie Solvay — Administrateur
  15. 28/05/2024
    reconductionOlivia Rolin — Administrateur
  16. 28/05/2024
    reconductionJean-Marie Solvay — Bestuurder
  17. 28/05/2024
    reconductionOlivia Rolin — Bestuurder
  18. 28/05/2024
    augmentation_capital
  19. 2023
    Annual accounts 2023127,3 M €↑
  20. 09/05/2023
    reconductionLaure le Hardy de Beaulieu — Bestuurder
  21. 09/05/2023
    reconductionMélodie de Pimodan — Bestuurder
  22. 09/05/2023
    nominationGaëtan Vercruysse — Bestuurder
  23. 09/05/2023
    reconductionLaure le Hardÿ de Beaulieu — Administrateur
  24. 09/05/2023
    reconductionMélodie de Pimodan — Administrateur
  25. 09/05/2023
    nominationGaëtan Vercruysse — Administrateur
  26. 2022
    Annual accounts 2022122 M €↑
  27. 10/05/2022
    nominationMelchior de Vogüé — Administrateur
  28. 10/05/2022
    reconductionJean-Patrick Mondron — Administrateur
  29. 10/05/2022
    reconductionMarc-Eric Janssen de la Boëssière-Thiennes — Administrateur
  30. 10/05/2022
    reconductionBaron Vincent de Dorlodot — Administrateur
  31. 10/05/2022
    reconductionMarion De Decker-Semet — Administratrice
  32. 10/05/2022
    nominationMarie Kaisin — Commissaire
  33. 2021
    Annual accounts 2021117,4 M €↑
  34. 2020
    Annual accounts 2020114,4 M €↓
  35. 2019
    Annual accounts 2019118,7 M €↑
  36. 2018
    Annual accounts 2018113,7 M €↑
  37. 2017
    Annual accounts 2017108,7 M €↑
  38. 2016
    Annual accounts 2016100,4 M €↑
  39. 2015
    Annual accounts 201579 M €↑
  40. 2014
    Annual accounts 201476,6 M €↓
  41. 2013
    Annual accounts 201379,5 M €↑
  42. 2012
    Annual accounts 201272,7 M €↑
  43. 2010
    Annual accounts 201069,1 M €↑
  44. 2009
    Annual accounts 200969 M €↓
  45. 2008
    Annual accounts 2008141,5 M €↑
  46. 2007
    Annual accounts 200744,4 M €
  47. 24/01/1983
    IncorporationPublic limited company