ACTIVE

SOLAR

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Financial year 2024 · closed on 31/12/2024

Net result

45,9 k €

-20.3% YoY

Gross margin

85,9 k €

-26.8% YoY

Equity

372,5 k €

+14.1% YoY

What does SOLAR do?

SOLAR is a Private limited company incorporated in 2001. Its main activity is: Non-specialised wholesale trade. Its registered office is in Haaltert.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0474.566.560

Incorporation

11/04/2001

Legal form

Private limited company

Registered office

Stationsstraat(HA) 40 box 1
9450 Haaltert · FlandreSee on map

Contributed capital

24 789,35 €

Latest accounts

31/12/2024

Activities (NACE)

46900Non-specialised wholesale trade· main 46900Non-specialised wholesale trade 51900Air transport 43350Building completion and finishing 43390Other building completion and finishing 45450Sale, maintenance and repair of motorcycles and related parts and accessories

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	85,9 k €	-26.8%	117,3 k €	+102%	57,9 k €	-41.1%	98,4 k €	+0.6%	97,8 k €	+3.7%	94,3 k €	+115%	43,9 k €	-33.5%	66 k €	+260%	18,3 k €	+8.3%	16,9 k €	-24.7%	22,5 k €	+478%	-6 k €	-158%	10,3 k €	-72.5%	37,5 k €	+60.0%	23,4 k €	-14.2%	27,3 k €	+35.2%	20,2 k €	-47.8%	38,6 k €	-47.6%	73,8 k €
EBITDA	84,6 k €	-27.3%	116,3 k €	+111%	55,2 k €	-43.3%	97,3 k €	+1.5%	95,8 k €	+2.4%	93,5 k €	+117%	43,1 k €	-33.8%	65,1 k €	+270%	17,6 k €	+9.1%	16,1 k €	-24.6%	21,4 k €	+214%	-18,8 k €	-296%	9,6 k €	-73.7%	36,5 k €	+62.5%	22,5 k €	-6.8%	24,1 k €	+66.1%	14,5 k €	-58.6%	35,1 k €	-45.8%	64,7 k €
Operating result	66,5 k €	-16.8%	80 k €	+261%	22,2 k €	-66.4%	66,1 k €	-6.1%	70,3 k €	-0.2%	70,4 k €	+103%	34,7 k €	-28.8%	48,7 k €	+1003%	4,4 k €	-25.9%	6 k €	-59.6%	14,8 k €	+156%	-26,4 k €	-1731%	1,6 k €	-93.6%	25,2 k €	+125%	11,2 k €	+76.3%	6,4 k €	+171%	2,3 k €	-85.8%	16,6 k €	-67.4%	50,8 k €
Net result	45,9 k €	-20.3%	57,6 k €	+361%	12,5 k €	-73.5%	47,1 k €	-9.3%	51,9 k €	+10.3%	47,1 k €	+95.9%	24 k €	-24.1%	31,7 k €	+1549%	1,9 k €	-62.9%	5,2 k €	-61.9%	13,6 k €	+146%	-29,5 k €	-784%	-3,3 k €	-116%	20,9 k €	+1193%	-1,9 k €	-222%	1,6 k €	-61.3%	4 k €	-62.2%	10,7 k €	-50.0%	21,4 k €
Balance sheet
Equity	372,5 k €	+14.1%	326,6 k €	+21.4%	268,9 k €	+4.9%	256,5 k €	+22.5%	209,3 k €	+33.0%	157,4 k €	+42.7%	110,3 k €	+27.9%	86,2 k €	+58.1%	54,6 k €	+3.7%	52,6 k €	+10.9%	47,5 k €	+40.2%	33,9 k €	-46.5%	63,3 k €	-5.0%	66,7 k €	+45.7%	45,8 k €	-4.0%	47,7 k €	+3.4%	46,1 k €	+9.6%	42,1 k €	+34.2%	31,4 k €
Total assets	437,1 k €	+3.9%	420,7 k €	-12.8%	482,2 k €	+7.3%	449,4 k €	+45.7%	308,5 k €	+25.1%	246,5 k €	+39.4%	176,8 k €	+28.0%	138,2 k €	+44.0%	96 k €	+20.5%	79,7 k €	+36.1%	58,5 k €	+29.7%	45,1 k €	-76.3%	190,3 k €	-46.8%	357,5 k €	-40.2%	597,8 k €	+120%	272 k €	+80.0%	151,1 k €	+50.3%	100,5 k €	+17.4%	85,6 k €
Cash	181,6 k €	+8.8%	166,9 k €	+19.6%	139,5 k €	-26.3%	189,2 k €	+11.5%	169,7 k €	+65.1%	102,8 k €	+23.0%	83,6 k €	+35.9%	61,5 k €	+57.6%	39 k €	+58.1%	24,7 k €	-22.0%	31,6 k €	+223%	9,8 k €	-76.2%	41,1 k €	-46.0%	76,2 k €	+19.5%	63,7 k €	+6.2%	60 k €	+72.3%	34,8 k €	+20.6%	28,9 k €	-16.9%	34,8 k €
Debts	64,6 k €	-31.3%	94,1 k €	-55.0%	209,2 k €	+8.4%	193 k €	+94.6%	99,2 k €	+11.3%	89,1 k €	+33.9%	66,5 k €	+28.1%	52 k €	+25.5%	41,4 k €	+53.3%	27 k €	+144%	11,1 k €	-1.8%	11,3 k €	-91.1%	127 k €	-56.3%	290,8 k €	-47.3%	552 k €	+146%	224,3 k €	+114%	105 k €	+79.5%	58,5 k €	+7.7%	54,3 k €

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 31/12/2024 · 1 active · 1 ended

Active mandates

HANS PIRON

Manager

Active

Ended mandates

HANS PIRON

Director

Ended

At this address

Other companies at this address

Company	CBE no.
TRANSFERT BOUW● Active	0478.778.340
Verenigiing van mede-eigenaars Gebouw LAIKA, te Haaltert, Stationsstraat 40● Active	0816.875.107

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/07/2025	25/07/2024	28/07/2023	29/07/2022	30/07/2021	30/09/2020
General meeting	07/06/2025	30/06/2024	30/06/2023	04/06/2022	30/06/2021	20/06/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	07/06/2025	17/07/2025	Dutch	PDF
Micro model	31/12/2023	30/06/2024	25/07/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	28/07/2023	Dutch	PDF
Micro model	31/12/2021	04/06/2022	29/07/2022	Dutch	PDF
Micro model	31/12/2020	30/06/2021	30/07/2021	Dutch	PDF
Micro model	31/12/2019	20/06/2020	30/09/2020	Dutch	PDF
Micro model	31/12/2018	30/06/2019	24/10/2019	Dutch	PDF
Micro model	31/12/2017	30/06/2018	31/07/2018	Dutch	PDF
Micro model	31/12/2016	03/06/2017	30/06/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	22/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	04/08/2015	Dutch	PDF
Abridged model	31/12/2013	07/06/2014	29/07/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	22/07/2013	Dutch	PDF
Abridged model	31/12/2011	02/06/2012	27/06/2012	Dutch	PDF
Abridged model	31/12/2010	05/06/2011	29/07/2011	Dutch	PDF
Abridged model	31/12/2009	05/06/2010	25/06/2010	Dutch	PDF
Abridged model	31/12/2008	06/06/2009	28/07/2009	Dutch	PDF
Abridged model	31/12/2007	07/06/2008	14/06/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	09/07/2007	Dutch	PDF

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 31/12/2024 · 1 active · 1 ended

Active mandates

HANS PIRON

Manager

Active

Ended mandates

HANS PIRON

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/04/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office14/07/2008
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - MAATSCHAPPELIJKE ZETEL
PDF
Mandates10/05/2004
ONTSLAGEN - BENOEMINGEN
PDF
Registered office23/06/2003
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

2024
Annual accounts 202445,9 k €↓
2023
Annual accounts 202357,6 k €↑
2022
Annual accounts 202212,5 k €↓
2021
Annual accounts 202147,1 k €↓
2020
Annual accounts 202051,9 k €↑
2019
Annual accounts 201947,1 k €↑
2018
Annual accounts 201824 k €↓
2017
Annual accounts 201731,7 k €↑
2016
Annual accounts 20161,9 k €↓
2015
Annual accounts 20155,2 k €↓
2014
Annual accounts 201413,6 k €↑
2013
Annual accounts 2013-29,5 k €↓
2012
Annual accounts 2012-3,3 k €↓
2011
Annual accounts 201120,9 k €↑
2010
Annual accounts 2010-1,9 k €↓
2009
Annual accounts 20091,6 k €↓
2008
Annual accounts 20084 k €↓
2007
Annual accounts 200710,7 k €↓
2006
Annual accounts 200621,4 k €
11/04/2001
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SOLAR

Overview

What does SOLAR do?

Trend over 19 financial years

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