ACTIVE

Solea

Financial year 2025 · closed on 31/12/2025
Net result
27,2 k €
+365.9% YoY
Gross margin
4 M €
+10.3% YoY
Equity
70,4 k €
+63.1% YoY
Workforce
70,4 ETP
-8.3% YoY

What does Solea do?

Solea is a Non-profit organization incorporated in 1997. Its main activity is: Technical and vocational secondary education. Its registered office is in Frameries. It employs on average 70,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0460.419.903
Incorporation
20/02/1997
Legal form
Non-profit organization
Registered office
Av. des Nouvelles Technologies 36
7080 Frameries · WallonieSee on map
Latest accounts
31/12/2025
Average workforce
70,4 ETP
Joint committees (1)
  • 332
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212018201720162015
Income statement
Gross margin4 M €3,6 M €2,9 M €2,5 M €2 M €1,5 M €856,1 k €812 k €822,1 k €
EBITDA37,3 k €9,5 k €-105,6 k €-49,3 k €54,8 k €100,7 k €-6,1 k €-16,6 k €1,4 k €
Operating result26,3 k €6,2 k €-136,8 k €-62,1 k €42,4 k €95,1 k €-13,6 k €-20,7 k €-2,6 k €
Net result27,2 k €5,8 k €-137,3 k €-62,8 k €42,3 k €94,8 k €-8,3 k €4,8 k €-24,2 k €
Balance sheet
Equity70,4 k €43,2 k €37,3 k €174,7 k €237,4 k €315,4 k €-179,4 k €-171,1 k €-175,9 k €
Total assets876 k €823,8 k €718 k €923,3 k €691,8 k €725,7 k €259 k €250,7 k €353,2 k €
Cash413,5 k €327,9 k €182 k €586,2 k €380,3 k €107,1 k €56,9 k €41 k €12,7 k €
Debts798,6 k €761,9 k €680,7 k €740,1 k €454,4 k €398,2 k €438,4 k €421,8 k €528,8 k €
Other
Workforce70,4 ETP76,8 ETP63,4 ETP59,9 ETP54,5 ETP45,5 ETP30,0 ETP30,7 ETP29,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 9 active · 47 ended

Active mandates

Angélique Meurant

Chairman of the board of directors · since 18 décembre 2025 · until 17 décembre 2028

Active
Clara Porcu

Vice-chairman of the board of directors · since 18 décembre 2025 · until 17 décembre 2028

Active
Coline Maxence

Andere functie · since 18 décembre 2025 · until 17 décembre 2028

Active
Florence Provost

Director · since 18 décembre 2025 · until 17 décembre 2028

Active
Jean-Marie Genbauffe

Director · since 18 décembre 2025 · until 17 décembre 2028

Active
Marie-Claire Dieu

Director · since 18 décembre 2025 · until 17 décembre 2028

Active
Patrizio Salvi

Director · since 18 décembre 2025 · until 17 décembre 2028

Active
Patty Cantigneau

Director · since 18 décembre 2025 · until 17 décembre 2028

Active
SYLVIE PINCHART

Vice-chairman of the board of directors · since 21 décembre 2022 · until 21 décembre 2025

Active

Ended mandates

Johakim Chajia

Director · since 27 juin 2023 · until 14 mai 2024

Ended
Johakim Chajia

Director · since 27 juin 2023 · until 21 décembre 2025

Ended
Angélique Meurant

Chairman of the board of directors · since 21 décembre 2022 · until 21 décembre 2025

Ended
Coline Maxence

Andere functie · since 21 décembre 2022 · until 21 décembre 2025

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
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 date02/07/202601/07/202504/07/202417/07/202329/06/202229/06/2021
General meeting24/06/202628/06/202518/06/202427/06/202321/06/202222/06/2021
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202524/06/202602/07/2026FrenchPDF
Abridged model31/12/202428/06/202501/07/2025FrenchPDF
Abridged model31/12/202318/06/202404/07/2024FrenchPDF
Abridged model31/12/202227/06/202317/07/2023FrenchPDF
Abridged model31/12/202121/06/202229/06/2022FrenchPDF
Abridged model31/12/202022/06/202129/06/2021FrenchPDF
Abridged model31/12/201930/06/202013/07/2020FrenchPDF
Abridged model31/12/201827/06/201911/07/2019FrenchPDF
Abridged model31/12/201729/06/201810/07/2018FrenchPDF
Abridged model31/12/201623/06/201707/07/2017FrenchPDF
Abridged model31/12/201508/06/201605/07/2016FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 9 active · 47 ended

Active mandates

Angélique Meurant

Chairman of the board of directors · since 18 décembre 2025 · until 17 décembre 2028

Active
Clara Porcu

Vice-chairman of the board of directors · since 18 décembre 2025 · until 17 décembre 2028

Active
Coline Maxence

Andere functie · since 18 décembre 2025 · until 17 décembre 2028

Active
Florence Provost

Director · since 18 décembre 2025 · until 17 décembre 2028

Active
Jean-Marie Genbauffe

Director · since 18 décembre 2025 · until 17 décembre 2028

Active
Marie-Claire Dieu

Director · since 18 décembre 2025 · until 17 décembre 2028

Active
Patrizio Salvi

Director · since 18 décembre 2025 · until 17 décembre 2028

Active
Patty Cantigneau

Director · since 18 décembre 2025 · until 17 décembre 2028

Active
SYLVIE PINCHART

Vice-chairman of the board of directors · since 21 décembre 2022 · until 21 décembre 2025

Active

Ended mandates

Johakim Chajia

Director · since 27 juin 2023 · until 14 mai 2024

Ended
Johakim Chajia

Director · since 27 juin 2023 · until 21 décembre 2025

Ended
Angélique Meurant

Chairman of the board of directors · since 21 décembre 2022 · until 21 décembre 2025

Ended
Coline Maxence

Andere functie · since 21 décembre 2022 · until 21 décembre 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • 19/08/2026
    PDF
  • Mandates02/03/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/08/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/08/2024
    DENOMINATION - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates13/07/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/02/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/10/2022
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates05/04/2022
    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 202527,2 k €
  2. 2024
    Annual accounts 20245,8 k €
  3. 2024
    Name changeSOLEA
  4. 2023
    Annual accounts 2023-137,3 k €
  5. 2022
    Annual accounts 2022-62,8 k €
  6. 2021
    Annual accounts 202142,3 k €
  7. 2018
    Annual accounts 201894,8 k €
  8. 2017
    Annual accounts 2017-8,3 k €
  9. 2017
    Name changeENFANCE SOLIDARIS
  10. 2016
    Annual accounts 20164,8 k €
  11. 2015
    Annual accounts 2015-24,2 k €
  12. 2015
    Name changeLES P'TITS DOUDOUS
  13. 20/02/1997
    IncorporationNon-profit organization