ACTIVE

SOLAR TURBINES EUROPE

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Financial year 2025 · Closed on 31/12/2025

Net result21,5 M €-41,6 %over 1 year

Revenue514,7 M €+5,9 %over 1 year

Equity79,3 M €+37,1 %over 1 year

Workforce349,0 ETP+7,1 %over 1 year

Identity

Source · BCE/KBO

SOLAR TURBINES EUROPE is a Public limited company incorporated in 1989. Its main activity is: Manufacture of engines and turbines, except aircraft, vehicle and cycle engines. Its registered office is in Braine-l'Alleud. It employs on average 349,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0438.995.076
Incorporation: 21/11/1989
Legal form: Public limited company
Registered office: Avenue de Finlande 8
1420 Braine-l'Alleud · WallonieSee on map
Contributed capital: 10 170 000,00 €
Latest accounts: 31/12/2025
Average workforce: 349,0 ETP

Activities (NACE)

28110Manufacture of engines and turbines, except aircraft, vehicle and cycle engines· main 28110Manufacture of engines and turbines, except aircraft, vehicle and cycle engines 29110Manufacture of motor vehicles 29420Manufacture of motor vehicles, trailers and semi-trailers 46643Wholesale of machinery for the textile industry and of sewing and knitting machines 28299Manufacture of other general-purpose machinery n.e.c.+9

Joint committees (3)

14904
200
218

Contacts

1 public detail availableLog in to view

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 22 filings

Trend over 14 financial years

	2025		2024		2023		2021		2020
Income statement
Revenue	514,7 M €	+5.9%	486 M €	+6.9%	454,8 M €	+7.5%	423 M €	-5.2%	446 M €
EBITDA	30,5 M €	-29.0%	43 M €	+45.8%	29,5 M €	+84.4%	16 M €	-29.6%	22,7 M €
Operating result	27,1 M €	-31.4%	39,5 M €	+56.2%	25,3 M €	+27.7%	19,8 M €	-7.2%	21,4 M €
Net result	21,5 M €	-41.6%	36,7 M €	+138%	15,5 M €	-20.5%	19,5 M €	+18.6%	16,4 M €
Balance sheet
Equity	79,3 M €	+37.1%	57,9 M €	-28.7%	81,1 M €	+97.8%	41 M €	-46.4%	76,6 M €
Total assets	394,8 M €	+7.8%	366,2 M €	+0.0%	366,1 M €	+45.2%	252,2 M €	-1.0%	254,7 M €
Cash	2,4 M €	+24.4%	1,9 M €	-29.0%	2,7 M €	+20.1%	2,3 M €	-18.3%	2,8 M €
Debts	313,3 M €	+4.3%	300,4 M €	+10.9%	270,8 M €	+29.7%	208,9 M €	+22.7%	170,3 M €
Other
Workforce	349,0 ETP	+7.1%	326,0 ETP	-5.0%	343,0 ETP	-8.5%	375,0 ETP	-7.2%	404,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 67 ended

Active mandates

Henrik Scherer

Managing director · since 17 février 2026 · until 15 juin 2028

Active

Xavier Dupret

Director · since 17 février 2026 · until 15 juin 2028

Active

Aurore de Ville de Goyet

Director · since 19 juin 2025 · until 18 juin 2026

Active

Eddy Rowet

Managing director · since 19 juin 2025 · until 18 juin 2026

Active

Henrik Nielsen

Managing director · since 19 juin 2025 · until 18 juin 2026

Active

Manoj Dutt

Director · since 19 juin 2025 · until 18 juin 2026

Active

Ended mandates

Eddy Rowet

Managing director · since 20 juin 2024 · until 19 juin 2025

Ended

Enrique Bangueses Pedro

Director · since 20 juin 2024 · until 19 juin 2025

Ended

Henrik Nielsen

Managing director · since 20 juin 2024 · until 19 juin 2025

Ended

Manoj Dutt

Director · since 20 juin 2024 · until 19 juin 2025

Ended

Other companies at this address

Avenue de Finlande 8 1420 Braine-l'Alleud

Company	CBE no.
ASANTÉ SANAA● Active	1018.088.640
Caterpillar Belgium Holding● Active	0418.913.108
CATERPILLAR FINANCIAL SERVICES BELGIUM● Active	0480.216.811
EDEN Concept● Active	0647.890.021
EFOR BELGIUM● Active	0894.578.639
LANDEWYCK TOBACCO BELGIUM● Active	0467.537.426
NEVERHACK Belgium● Active	0773.412.672
SCHENK● Active	0418.154.627
SELLIGENT● Active	0433.657.207
SELLIGENT INTERNATIONAL● Active	0652.992.518

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
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	22/06/2026	02/07/2025	15/07/2024	20/06/2023	26/07/2022	09/07/2021
General meeting	18/06/2026	19/06/2025	20/06/2024	15/06/2023	07/07/2022	17/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 22 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	18/06/2026	22/06/2026	French	PDF
Full model	31/12/2024	19/06/2025	02/07/2025	French	PDF
Full model	31/12/2023	20/06/2024	15/07/2024	French	PDF
Full model	31/12/2022	15/06/2023	20/06/2023	French	PDF
Full modelCorrection	31/12/2021	07/07/2022	29/09/2022	French	PDF
Full model	31/12/2021	07/07/2022	26/07/2022	French	PDF
Full model	31/12/2020	17/06/2021	09/07/2021	French	PDF
Full model	31/12/2019	18/06/2020	29/06/2020	French	PDF
Full model	31/12/2018	16/05/2019	17/06/2019	French	PDF
Full modelCorrection	31/12/2017	29/11/2018	12/12/2018	French	PDF
Full model	31/12/2017	24/05/2018	14/06/2018	French	PDF
Full model	31/12/2016	18/05/2017	13/06/2017	French	PDF
Full model	31/12/2015	26/05/2016	09/06/2016	French	PDF
Full model	31/12/2014	21/05/2015	11/06/2015	French	PDF
Full model	31/12/2013	04/06/2014	19/06/2014	French	PDF
Full model	31/12/2012	22/05/2013	14/06/2013	French	PDF
Full model	31/12/2011	23/05/2012	25/06/2012	French	PDF
Full model	31/12/2010	19/05/2011	04/07/2011	French	PDF
Full model	31/12/2009	27/05/2010	30/06/2010	French	PDF
Full model	31/12/2008	25/05/2009	29/06/2009	French	PDF
Full model	31/12/2007	15/05/2008	20/06/2008	French	PDF
Full model	31/12/2006	16/05/2007	25/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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.

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 67 ended

Active mandates

Henrik Scherer

Managing director · since 17 février 2026 · until 15 juin 2028

Active

Xavier Dupret

Director · since 17 février 2026 · until 15 juin 2028

Active

Aurore de Ville de Goyet

Director · since 19 juin 2025 · until 18 juin 2026

Active

Eddy Rowet

Managing director · since 19 juin 2025 · until 18 juin 2026

Active

Henrik Nielsen

Managing director · since 19 juin 2025 · until 18 juin 2026

Active

Manoj Dutt

Director · since 19 juin 2025 · until 18 juin 2026

Active

Ended mandates

Eddy Rowet

Managing director · since 20 juin 2024 · until 19 juin 2025

Ended

Enrique Bangueses Pedro

Director · since 20 juin 2024 · until 19 juin 2025

Ended

Henrik Nielsen

Managing director · since 20 juin 2024 · until 19 juin 2025

Ended

Manoj Dutt

Director · since 20 juin 2024 · until 19 juin 2025

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates02/06/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates12/01/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates21/10/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates22/05/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates14/11/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates25/10/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates19/04/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates12/07/2021
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

17/02/2026
nominationHenrik Scherer — Administrateur
17/02/2026
nominationXavier Dupret — Administrateur
17/02/2026
nominationHenrik Scherer — Administrateur délégué
2025
Annual accounts 202521,5 M €↓
04/12/2025
nominationDidier Delanoye — commissaire
19/06/2025
reconductionEnrique Bangueses Pedro — administrateur
19/06/2025
reconductionAurore de Ville de Goyet — administrateur
19/06/2025
reconductionEddy Rowet — administrateur
19/06/2025
reconductionHenrik Nielsen — administrateur
19/06/2025
reconductionManoj Dutt — administrateur
2024
Annual accounts 202436,7 M €↑
20/06/2024
nominationHenrik Nielsen — administrateur
20/06/2024
nominationEnrique Bangueses Pedro — administrateur
20/06/2024
nominationEddy Rowet — administrateur
20/06/2024
nominationAurore de Ville de Goyet — administrateur
20/06/2024
nominationManoj Dutt — administrateur
20/06/2024
nominationErik De Vos — administrateur
08/05/2024
nominationAurore de Ville de Goyet — administratrice
2023
Annual accounts 202315,5 M €↓
01/11/2023
nominationHenrik Nielsen — administrateur délégué
01/11/2023
nominationEddy Rowet — administrateur délégué
08/07/2022
reconductionManoj DUTT — administrateur
08/07/2022
reconductionErik DEVOS — administrateur
08/07/2022
reconductionEnrique BANGUESES PEDRO — administrateur
08/07/2022
reconductionJack PLESCIA — administrateur
08/07/2022
reconductionPwC Réviseurs d'Entreprises SRL — commissaire
15/04/2022
nominationJack Plescia — administrateur délégué
15/04/2022
nominationJack Plescia — administrateur
2021
Annual accounts 202119,5 M €↑
2020
Annual accounts 202016,4 M €↑
2019
Annual accounts 201913,9 M €↑
2018
Annual accounts 20185,4 M €↓
2017
Annual accounts 201730,7 M €↑
2013
Annual accounts 20136,3 M €↓
2012
Annual accounts 201218,5 M €↓
2011
Annual accounts 201120,4 M €↓
2010
Annual accounts 201021,8 M €↑
2009
Annual accounts 200916,8 M €↑
2008
Annual accounts 200814,5 M €
21/11/1989
IncorporationPublic limited company

SOLAR TURBINES EUROPE

Overview

Identity

Financials

Valuation

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

Timeline