ACTIVE

Solar Heat Europe

Financial year 2025 · Closed on 31/12/2025

Net result10,8 k €+129,2 %over 1 year
Gross margin350,8 k €+18,4 %over 1 year
Equity138,8 k €+8,4 %over 1 year

Identity

Source · BCE/KBO

Solar Heat Europe is a International non-profit organization incorporated in 2002. Its main activity is: Libraries, archives, museums and other cultural activities. Its registered office is in Ixelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0478.331.744
Incorporation
17/09/2002
Legal form
International non-profit organization
Registered office
Place du Champ de Mars 2
1050 Ixelles · BruxellesSee on map
Latest accounts
31/12/2025
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin350,8 k €296,4 k €311,6 k €208,1 k €178,9 k €
EBITDA28,6 k €-36 k €-19,3 k €-8,3 k €-26,2 k €
Operating result10,6 k €-37,8 k €-20,6 k €-10,8 k €-30,2 k €
Net result10,8 k €-37 k €-20,4 k €-11,5 k €-30,7 k €
Balance sheet
Equity138,8 k €128 k €165 k €185,4 k €196,9 k €
Total assets1,5 M €1,4 M €1,3 M €1,2 M €916,9 k €
Cash349,8 k €358,6 k €469,2 k €523,5 k €414,5 k €
Debts941,3 k €812,2 k €682,7 k €577,9 k €307,3 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 16 ended

Active mandates

Konstantinos Travasaros

Director · since 17 juin 2025

Active
Nebut Lucie

Director · since 17 juin 2025

Active
Christophe Williams

Director · since 02 octobre 2023

Active
Olequer Fuertes Vallcorba

Director · since 30 juin 2023

Active
Roger Hackstock

Director · since 30 juin 2023

Active
Guglielmo Cioni

Chairman of the board of directors · since 29 juin 2023

Active
Edwige Porcheyre

Director · since 04 décembre 2020 · until 17 juin 2025

Active

Ended mandates

Pierre Dalmas

Director · since 28 mars 2025 · until 17 juin 2025

Ended
Christophe Williams

Director · since 21 septembre 2023 · until 17 juin 2025

Ended
Hugues Defréville

Director · since 30 juin 2023 · until 30 juin 2025

Ended
Jakob Steen Jensen

Director · since 30 juin 2023 · until 30 juin 2025

Ended

Other companies at this address

Place du Champ de Mars 2 1050 Ixelles

Full financial information

Source · NBB
20252024202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months12 months
Filing date09/07/202625/08/202526/08/202425/07/202322/08/2022
General meeting16/06/202616/06/202528/06/202430/06/202321/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202516/06/202609/07/2026FrenchPDF
Micro model31/12/202416/06/202525/08/2025FrenchPDF
Micro model31/12/202328/06/202426/08/2024FrenchPDF
Micro model31/12/202230/06/202325/07/2023FrenchPDF
Micro model31/12/202121/06/202222/08/2022FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 16 ended

Active mandates

Konstantinos Travasaros

Director · since 17 juin 2025

Active
Nebut Lucie

Director · since 17 juin 2025

Active
Christophe Williams

Director · since 02 octobre 2023

Active
Olequer Fuertes Vallcorba

Director · since 30 juin 2023

Active
Roger Hackstock

Director · since 30 juin 2023

Active
Guglielmo Cioni

Chairman of the board of directors · since 29 juin 2023

Active
Edwige Porcheyre

Director · since 04 décembre 2020 · until 17 juin 2025

Active

Ended mandates

Pierre Dalmas

Director · since 28 mars 2025 · until 17 juin 2025

Ended
Christophe Williams

Director · since 21 septembre 2023 · until 17 juin 2025

Ended
Hugues Defréville

Director · since 30 juin 2023 · until 30 juin 2025

Ended
Jakob Steen Jensen

Director · since 30 juin 2023 · until 30 juin 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates30/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/05/2025
    DENOMINATION - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates04/08/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/02/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Other13/12/2021
    DIVERS
    PDF
  • Mandates16/12/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/01/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/03/2018
    DENOMINATION - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF

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 202510,8 k €↑
  2. 2024
    Annual accounts 2024-37 k €↓
  3. 2023
    Annual accounts 2023-20,4 k €↓
  4. 2022
    Annual accounts 2022-11,5 k €↑
  5. 2021
    Annual accounts 2021-30,7 k €
  6. 17/09/2002
    IncorporationInternational non-profit organization