NORMAL SITUATION

GO-SOLAR

Financial year 2024 · closed on 31/12/2024
Net result
-2 M €
-155.7% YoY
Revenue
22 M €
-49.4% YoY
Equity
3,6 M €
-35.9% YoY
Workforce
48,7 ETP
-28.3% YoY

Company — Normal situation.

What does GO-SOLAR do?

GO-SOLAR is a company registered in Belgium. It employs on average 48,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0456.060.643
Legal form
Public limited company
Contributed capital
62 000,00 €
Latest accounts
31/12/2024
Average workforce
48,7 ETP
Joint committees (5)
  • 124
  • 149
  • 14901
  • 200
  • 218
Signals
Solid equityGood liquidityHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202420232022202120202019201920182017201620142013201220112010200920072006
Income statement
Revenue22 M €43,5 M €39,8 M €20,7 M €25,2 M €
EBITDA-2 M €5,9 M €4,3 M €951,7 k €2,1 M €427,8 k €565,4 k €685,2 k €1,5 M €490,1 k €204,3 k €-186,6 k €333,5 k €537,2 k €656,2 k €360,3 k €
Operating result-2,2 M €5,5 M €4,1 M €797,6 k €2 M €335 k €329 k €477,1 k €1,4 M €331,7 k €149,1 k €-252,5 k €242 k €438,4 k €614,4 k €291,8 k €
Net result-2 M €3,7 M €3 M €538,6 k €1,5 M €224,9 k €217 k €297 k €964 k €210,7 k €114,2 k €11,3 k €204,7 k €312,3 k €589,4 k €280,7 k €
Balance sheet
Equity3,6 M €5,7 M €6,5 M €3,5 M €3 M €1,7 M €1,4 M €1,3 M €1 M €374,3 k €304,7 k €290,6 k €279,2 k €254,5 k €62,2 k €22,8 k €2 k €2 k €
Total assets6,7 M €18,9 M €12,3 M €6,6 M €5,7 M €5,1 M €5,2 M €3,9 M €3 M €2 M €1,2 M €1,1 M €1,4 M €2,7 M €2,7 M €1,7 M €2 k €2 k €
Cash302 k €4,3 M €819,5 €914,1 k €1,1 M €599,6 k €185,6 k €180,3 k €549 k €239,3 k €55,9 k €25,4 k €243,2 k €477,3 €40,3 k €479,8 k €1 k €1 k €
Debts3 M €13,2 M €3,4 M €3,1 M €2,8 M €3,4 M €3,8 M €2,4 M €1,9 M €1,3 M €857,6 k €779,3 k €929 k €1,2 M €1,7 M €704,3 k €
Other
Workforce48,7 ETP67,9 ETP70,4 ETP79,5 ETP90,7 ETP72,0 ETP49,0 ETP30,7 ETP22,5 ETP13,1 ETP4,3 ETP12,0 ETP26,6 ETP20,0 ETP9,7 ETP2,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 24 ended

Active mandates

TGFM

Managing director · since 01 août 2024 · until 08 mai 2025 · 1012.118.784

Represented by Tangi MERCKX

Active
Pierre Doumit

Director · since 20 mars 2024 · until 08 mai 2025

Active
Laurence Willems

Managing director · since 11 avril 2023 · until 08 mai 2025

Active
Mulder

Managing director · since 01 juillet 2022 · until 08 mai 2025 · 0680.754.413

Represented by Roy MULDER

Active

Ended mandates

Pierre Doumit

Director · since 20 mars 2024 · until 26 juin 2029

Ended
Laurence Willems

Director · since 11 avril 2023 · until 27 juin 2028

Ended
Laurence Willems

Managing director · since 11 avril 2023 · until 27 juin 2028

Ended
A.N.C.P.

Managing director · since 01 juillet 2022 · until 27 juin 2028 · 0462.878.456

Represented by Chris Poppe

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/07/2019
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 months6 months
Filing date16/06/202503/07/202431/08/202329/08/202231/08/202102/11/2020
General meeting14/05/202528/06/202425/07/202328/06/202229/06/202130/06/2020
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

28 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202414/05/202516/06/2025DutchPDF
Full model31/12/202328/06/202403/07/2024DutchPDF
Full model31/12/202225/07/202331/08/2023DutchPDF
Full model31/12/202128/06/202229/08/2022DutchPDF
Full model31/12/202029/06/202131/08/2021DutchPDF
Abridged model31/12/201930/06/202002/11/2020DutchPDF
Abridged model30/06/201931/12/201926/02/2020DutchPDF
Abridged model30/06/201826/12/201805/02/2019DutchPDF
Abridged model30/06/201726/12/201731/01/2018DutchPDF
Abridged model30/06/201627/12/201628/02/2017DutchPDF
Abridged model30/09/201402/03/201529/04/2015DutchPDF
Abridged model30/09/201303/03/201427/03/2014DutchPDF
Abridged model30/09/201204/03/201330/05/2013DutchPDF
Abridged model30/09/201105/03/201210/05/2012DutchPDF
Abridged model30/09/201007/03/201105/05/2011DutchPDF
Abridged model30/09/200901/03/201028/04/2010DutchPDF
Abridged model31/12/200715/06/200825/07/2008DutchPDF
Abridged model31/12/200607/06/200716/07/2007DutchPDF
Abridged model31/12/200523/06/200616/02/2007DutchPDF
Abridged model31/12/200424/06/200501/08/2005DutchPDF
Abridged model31/12/200325/06/200417/09/2004DutchPDF
Abridged model31/12/200226/06/200306/10/2003DutchPDF
Abridged model31/12/200127/06/200211/09/2002DutchPDF
Abridged model31/12/200012/06/200128/02/2002DutchPDF

View all 28 filings

Estimate

Indicative valuation

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 31/12/2024 · 4 active · 24 ended

Active mandates

TGFM

Managing director · since 01 août 2024 · until 08 mai 2025 · 1012.118.784

Represented by Tangi MERCKX

Active
Pierre Doumit

Director · since 20 mars 2024 · until 08 mai 2025

Active
Laurence Willems

Managing director · since 11 avril 2023 · until 08 mai 2025

Active
Mulder

Managing director · since 01 juillet 2022 · until 08 mai 2025 · 0680.754.413

Represented by Roy MULDER

Active

Ended mandates

Pierre Doumit

Director · since 20 mars 2024 · until 26 juin 2029

Ended
Laurence Willems

Director · since 11 avril 2023 · until 27 juin 2028

Ended
Laurence Willems

Managing director · since 11 avril 2023 · until 27 juin 2028

Ended
A.N.C.P.

Managing director · since 01 juillet 2022 · until 27 juin 2028 · 0462.878.456

Represented by Chris Poppe

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution11/02/2025
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring22/11/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates25/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates12/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/08/2022
    DIVERSEN
    PDF
  • Mandates25/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other16/01/2020
    ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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. 2024
    Annual accounts 2024-2 M €
  2. 2023
    Annual accounts 20233,7 M €
  3. 2022
    Annual accounts 20223 M €
  4. 2021
    Annual accounts 2021538,6 k €
  5. 2020
    Annual accounts 20201,5 M €
  6. 2019
    Annual accounts 2019224,9 k €
  7. 2019
    Annual accounts 2019217 k €
  8. 2018
    Annual accounts 2018297 k €
  9. 2017
    Annual accounts 2017964 k €
  10. 2016
    Annual accounts 2016210,7 k €
  11. 2014
    Annual accounts 2014114,2 k €
  12. 2013
    Annual accounts 201311,3 k €
  13. 2012
    Annual accounts 2012204,7 k €
  14. 2011
    Annual accounts 2011312,3 k €
  15. 2010
    Annual accounts 2010589,4 k €
  16. 2009
    Annual accounts 2009280,7 k €
  17. 2007
    Annual accounts 2007
  18. 2006
    Annual accounts 2006