ACTIVE

SOLANO

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Financial year 2025 · closed on 31/12/2025
Net result
-7,3 k €
-122.5% YoY
Gross margin
922,8 k €
-8.2% YoY
Equity
218,4 k €
-9.2% YoY
Workforce
17,0 ETP
0.0% YoY

What does SOLANO do?

SOLANO is a Private limited company incorporated in 1997. Its main activity is: Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores. Its registered office is in Deinze. It employs on average 17,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0461.668.629
Incorporation
14/10/1997
Legal form
Private limited company
Registered office
Markt 68
9800 Deinze · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Average workforce
17,0 ETP
Activities (NACE)
47241Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores· main47241Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores52240Cargo handling55302Camping grounds, recreational vehicle parks and trailer parks56102Restaurants and mobile food service activities56112Restaurants and mobile food service activities+5
Joint committees (3)
  • 201
  • 302
  • 30200
Signals
Positive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin922,8 k €1 M €1 M €938,8 k €767,4 k €623,3 k €937,9 k €932,2 k €796,8 k €772,2 k €655,6 k €398,2 k €375,2 k €308,6 k €337,4 k €338,2 k €330,2 k €335,5 k €347,7 k €353,6 k €
EBITDA68,1 k €133,5 k €85,4 k €115,2 k €152,8 k €132,7 k €111,7 k €115,7 k €77,1 k €108,6 k €99,3 k €37,7 k €80,2 k €8,7 k €46,7 k €54,7 k €47,5 k €45,1 k €67,4 k €71 k €
Operating result16,7 k €61,4 k €13,8 k €37,6 k €88,2 k €61,5 k €21,2 k €30,2 k €2,7 k €35,1 k €-23,1 k €-2,9 k €60,3 k €-18,2 k €21,7 k €24,1 k €6,7 k €2,9 k €17 k €11,7 k €
Net result-7,3 k €32,6 k €134,9 €19,5 k €75,8 k €40,8 k €8,5 k €14,9 k €-4,9 k €25,1 k €-35 k €-10 k €43,8 k €-26,7 k €19,3 k €13,2 k €9,5 k €2,2 k €8 k €-10,1 k €
Balance sheet
Equity218,4 k €240,5 k €208 k €207,8 k €188,3 k €112,5 k €71,7 k €63,2 k €48,4 k €53,3 k €28,2 k €63,1 k €73,1 k €29,3 k €56 k €36,7 k €23,5 k €13,9 k €11,7 k €3,7 k €
Total assets815,4 k €835 k €853,3 k €874,5 k €873,6 k €756,7 k €870,7 k €886 k €933,3 k €1 M €994,9 k €829,9 k €251,4 k €258,8 k €317 k €307,9 k €328,1 k €378,5 k €439,9 k €455,7 k €
Cash231,4 k €147,9 k €150,3 k €175,8 k €208,9 k €47,3 k €97,9 k €56,4 k €36,7 k €74,9 k €20,9 k €19,9 k €11,4 k €5 k €7,7 k €5,9 k €2,1 k €2,3 k €29 k €28,3 k €
Debts596,9 k €594,4 k €645,4 k €666,7 k €685,3 k €644,2 k €799 k €822,8 k €884,5 k €969,6 k €966,2 k €766,7 k €178,3 k €229,5 k €260,7 k €271,1 k €304,6 k €364,5 k €428,1 k €451,9 k €
Other
Workforce17,0 ETP17,0 ETP17,0 ETP17,0 ETP17,0 ETP17,0 ETP19,0 ETP20,0 ETP18,7 ETP16,5 ETP17,2 ETP11,6 ETP8,2 ETP9,1 ETP8,3 ETP9,8 ETP8,8 ETP10,0 ETP10,2 ETP10,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 3 ended

Active mandates

Kurt Callens

Director

Active
Sophie Lannoo

Director

Active
Thibau Callens

Director

Active

Ended mandates

KURT CALLENS

Manager

Ended
Sophie LANNOO

Manager

Ended
Thibau Callens

Mandate

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 date01/07/202627/06/202526/06/202423/06/202307/07/202230/07/2021
General meeting19/06/202630/05/202531/05/202425/05/202327/05/202228/05/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/06/202601/07/2026DutchPDF
Abridged model31/12/202430/05/202527/06/2025DutchPDF
Abridged model31/12/202331/05/202426/06/2024DutchPDF
Abridged model31/12/202225/05/202323/06/2023DutchPDF
Abridged model31/12/202127/05/202207/07/2022DutchPDF
Abridged model31/12/202028/05/202130/07/2021DutchPDF
Abridged model31/12/201929/05/202029/06/2020DutchPDF
Abridged model31/12/201831/05/201917/07/2019DutchPDF
Abridged model31/12/201717/07/201824/07/2018DutchPDF
Abridged model31/12/201621/06/201727/06/2017DutchPDF
Abridged model31/12/201527/06/201618/08/2016DutchPDF
Abridged model31/12/201429/05/201523/06/2015DutchPDF
Abridged model31/12/201330/05/201430/06/2014DutchPDF
Abridged model31/12/201231/05/201314/06/2013DutchPDF
Abridged model31/12/201125/05/201231/05/2012DutchPDF
Abridged model31/12/201027/05/201106/06/2011DutchPDF
Abridged model31/12/200928/05/201029/06/2010DutchPDF
Abridged model31/12/200829/05/200903/06/2009DutchPDF
Abridged model31/12/200730/05/200817/06/2008DutchPDF
Abridged model31/12/200625/05/200721/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 3 active · 3 ended

Active mandates

Kurt Callens

Director

Active
Sophie Lannoo

Director

Active
Thibau Callens

Director

Active

Ended mandates

KURT CALLENS

Manager

Ended
Sophie LANNOO

Manager

Ended
Thibau Callens

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/12/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/04/2015
    DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares29/10/2004
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office03/04/2003
    MAATSCHAPPELIJKE ZETEL
    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 2025-7,3 k €↓
  2. 2024
    Annual accounts 202432,6 k €↑
  3. 2023
    Annual accounts 2023134,9 €↓
  4. 2022
    Annual accounts 202219,5 k €↓
  5. 2021
    Annual accounts 202175,8 k €↑
  6. 2020
    Annual accounts 202040,8 k €↑
  7. 2019
    Annual accounts 20198,5 k €↓
  8. 2018
    Annual accounts 201814,9 k €↑
  9. 2017
    Annual accounts 2017-4,9 k €↓
  10. 2016
    Annual accounts 201625,1 k €↑
  11. 2015
    Annual accounts 2015-35 k €↓
  12. 2014
    Annual accounts 2014-10 k €↓
  13. 2013
    Annual accounts 201343,8 k €↑
  14. 2012
    Annual accounts 2012-26,7 k €↓
  15. 2011
    Annual accounts 201119,3 k €↑
  16. 2010
    Annual accounts 201013,2 k €↑
  17. 2009
    Annual accounts 20099,5 k €↑
  18. 2008
    Annual accounts 20082,2 k €↓
  19. 2007
    Annual accounts 20078 k €↑
  20. 2006
    Annual accounts 2006-10,1 k €
  21. 14/10/1997
    IncorporationPrivate limited company