ACTIVE

SOLVAS FINANCE

Financial year 2024 · Closed on 31/12/2024

Net result17 k €+3 044,6 %over 1 year
Gross margin274,9 k €-23,3 %over 1 year
Equity224,3 k €+8,2 %over 1 year
Workforce3,4 ETP-35,8 %over 1 year

Identity

Source · BCE/KBO

SOLVAS FINANCE is a Public limited company incorporated in 1987. Its main activity is: Activities of insurance agents and brokers. Its registered office is in Lievegem. It employs on average 3,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0430.267.848
Incorporation
09/01/1987
Legal form
Public limited company
Registered office
Zomerlaan 1 box 1
9930 Lievegem · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2024
Average workforce
3,4 ETP
Joint committees (1)
  • 307
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20242023202220212020
Income statement
Gross margin274,9 k €358,4 k €621 k €311,2 k €391,1 k €
EBITDA87,4 k €53,5 k €383,2 k €94,1 k €145,7 k €
Operating result41,4 k €19,1 k €337,1 k €46,1 k €86,3 k €
Net result17 k €539,7 €240,3 k €10,6 k €49,5 k €
Balance sheet
Equity224,3 k €207,3 k €206,8 k €170,4 k €159,8 k €
Total assets1,2 M €999,1 k €1,1 M €1 M €1,1 M €
Cash7 k €38,6 k €16,1 k €14,5 k €52,7 k €
Debts965,3 k €791,2 k €914,7 k €809,9 k €892,3 k €
Other
Workforce3,4 ETP5,3 ETP4,1 ETP3,3 ETP3,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 24 ended

Active mandates

SOLVAS

Director · since 21 décembre 2023 · until 20 décembre 2029 · 0828.146.606

Represented by Dominique Willems

Active

Ended mandates

ASK OOST

Director · since 13 juillet 2018 · until 13 juillet 2024 · 0670.990.966

Represented by Patrick Oostvogels

Ended
ASK OOST

Director · since 13 juillet 2018 · until 21 décembre 2023 · 0670.990.966

Represented by PATRICK OOSTVOGELS

Ended
ASK OOST

Director · since 13 juillet 2018 · until 13 juillet 2024 · 0670.990.966

Represented by Patrick Oostvogels

Ended
Norbert Willems

Director · since 13 juillet 2018 · until 21 décembre 2023

Ended

Other companies at this address

Zomerlaan 1 9930 Lievegem
CompanyCBE no.
0766.303.463
Connect● Active
0765.455.902
CONNECT INSUR● Active
1020.606.086
CONSEA IMMO● Active
0441.178.170
Groep Connect● Active
0767.472.908
GROEP SOLVAS● Active
0690.658.212
IMMO-WILLEMS● Active
0450.372.483
InsurIT● Active
1008.443.474
SOLVAS● Active
0828.146.606
0681.387.782
Solvas Life● Active
0542.999.070
0741.615.379
SOLVAS RISK● Active
0437.928.769

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/09/202515/07/202428/08/202326/08/202220/10/202128/09/2020
General meeting08/09/202521/06/202428/08/202323/08/202205/10/202115/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202408/09/202515/09/2025DutchPDF
Abridged model31/12/202321/06/202415/07/2024DutchPDF
Abridged model31/12/202228/08/202328/08/2023DutchPDF
Abridged model31/12/202123/08/202226/08/2022DutchPDF
Abridged model31/12/202005/10/202120/10/2021DutchPDF
Abridged model31/12/201915/09/202028/09/2020DutchPDF
Abridged model31/12/201827/08/201930/08/2019DutchPDF
Abridged model31/12/201724/09/201825/09/2018DutchPDF
Abridged model31/12/201625/09/201726/09/2017DutchPDF
Abridged model31/12/201530/06/201605/10/2016DutchPDF
Abridged model31/12/201430/06/201514/09/2015DutchPDF
Abridged model31/12/201330/06/201425/07/2014DutchPDF
Abridged model31/12/201228/08/201329/08/2013DutchPDF
Abridged model31/12/201102/06/201213/11/2012DutchPDF
Abridged model31/12/201028/11/201101/12/2011DutchPDF
Abridged model31/12/200915/09/201021/10/2010DutchPDF
Abridged model31/12/200805/10/200910/10/2009DutchPDF
Abridged model31/12/200722/09/200823/09/2008DutchPDF
Abridged model31/12/200629/10/200730/10/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 24 ended

Active mandates

SOLVAS

Director · since 21 décembre 2023 · until 20 décembre 2029 · 0828.146.606

Represented by Dominique Willems

Active

Ended mandates

ASK OOST

Director · since 13 juillet 2018 · until 13 juillet 2024 · 0670.990.966

Represented by Patrick Oostvogels

Ended
ASK OOST

Director · since 13 juillet 2018 · until 21 décembre 2023 · 0670.990.966

Represented by PATRICK OOSTVOGELS

Ended
ASK OOST

Director · since 13 juillet 2018 · until 13 juillet 2024 · 0670.990.966

Represented by Patrick Oostvogels

Ended
Norbert Willems

Director · since 13 juillet 2018 · until 21 décembre 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates18/09/2026
    Ontslag bestuurder - benoeming bestuurder
    PDF
  • Mandates18/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring30/07/2018
    BENAMING - KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring31/05/2018
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates17/02/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/07/2012
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/03/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/06/2007
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 202417 k €↑
  2. 2023
    Annual accounts 2023539,7 €↓
  3. 2022
    Annual accounts 2022240,3 k €↑
  4. 2021
    Annual accounts 202110,6 k €↓
  5. 2020
    Annual accounts 202049,5 k €↑
  6. 2019
    Annual accounts 2019-28,8 k €↓
  7. 2018
    Annual accounts 2018-12,1 k €↓
  8. 2017
    Annual accounts 2017627 k €↑
  9. 2016
    Annual accounts 201615,7 k €↓
  10. 2015
    Annual accounts 2015133,9 k €↑
  11. 2014
    Annual accounts 20141,2 k €↓
  12. 2013
    Annual accounts 20132,5 k €↓
  13. 2012
    Annual accounts 20126,9 k €↑
  14. 2011
    Annual accounts 20114 k €↓
  15. 2010
    Annual accounts 20106,9 k €↓
  16. 2009
    Annual accounts 200918,9 k €↑
  17. 2008
    Annual accounts 200812,4 k €↑
  18. 2007
    Annual accounts 20076,2 k €↓
  19. 2006
    Annual accounts 200620,6 k €
  20. 09/01/1987
    IncorporationPublic limited company