ACTIVE

SOLORA

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Financial year 2025 · closed on 31/12/2025
Net result
1,4 M €
-49.0% YoY
Revenue
15,1 M €
-42.0% YoY
Equity
10,6 M €
+9.8% YoY
Workforce
45,2 ETP
+14.1% YoY

What does SOLORA do?

SOLORA is a Private limited company incorporated in 2014. Its main activity is: Electrical installation. Its registered office is in Merelbeke-Melle. It employs on average 45,2 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0547.830.660
Incorporation
11/03/2014
Legal form
Private limited company
Registered office
Neringsweg 2
9820 Merelbeke-Melle · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2025
Average workforce
45,2 ETP
Activities (NACE)
43211Electrical installation· main43211Electrical installation
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Revenue15,1 M €26 M €––––––––––
EBITDA2,1 M €3,4 M €5 M €2,4 M €402,6 k €693,2 k €836,8 k €747,8 k €385,4 k €326,1 k €239,4 k €135,4 k €
Operating result1,7 M €3,5 M €4,9 M €2,3 M €304,7 k €664,3 k €803,2 k €685,3 k €345,5 k €311,5 k €233,5 k €131,2 k €
Net result1,4 M €2,7 M €4,1 M €1,7 M €223 k €486 k €565,6 k €480,4 k €213,7 k €200,1 k €149,6 k €84,2 k €
Balance sheet
Equity10,6 M €9,6 M €7,9 M €3,8 M €2,1 M €2,1 M €1,7 M €1,1 M €617,1 k €403,4 k €203,4 k €93,8 k €
Total assets19,8 M €14,9 M €13,8 M €8,5 M €3,4 M €3,3 M €2,6 M €2,2 M €1,7 M €1,7 M €806 k €423,8 k €
Cash2,6 M €647,4 k €2,3 M €1,2 M €865,6 k €356,4 k €675 k €714 k €494 k €691,8 k €28,5 k €71,6 k €
Debts8,5 M €1,7 M €1,4 M €679,5 k €711,8 k €702,4 k €533 k €656,9 k €345,4 k €736 k €299,9 k €168 k €
Other
Workforce45,2 ETP39,6 ETP33,3 ETP26,9 ETP22,9 ETP16,7 ETP14,3 ETP8,6 ETP8,7 ETP6,8 ETP5,3 ETP2,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

Badia

Director · since 19 décembre 2024 · 0642.699.927

Represented by Jan Van Der Haegen

Active
Weytech

Director · since 19 décembre 2024 · 0651.634.419

Represented by Tim Weyens

Active

Ended mandates

Badia

Manager · since 19 décembre 2024 · 0642.699.927

Represented by Jan Van Der Haegen

Ended
Badia

Manager · since 18 juillet 2016 · 0642.699.927

Represented by Jan Van Der Haegen

Ended
GRALBA

Manager · since 18 juillet 2016 · until 19 décembre 2024 · 0838.736.234

Represented by Jan Van Der Haegen

Ended
GRALBA

Manager · since 18 juillet 2016 · 0838.736.234

Represented by Jan Van Der Haegen

Ended
At this address

Other companies at this address

CompanyCBE no.
Administratiekantoor Solora● Active
1035.113.922
Badia● Active
0642.699.927
Belfuture● Active
0891.008.742
BTW eenheid Group Badia● Active
0669.503.502
SPS FIN● Active
0811.365.903
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull 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 date26/06/202603/07/202503/07/202401/07/202303/07/202207/06/2021
General meeting05/06/202606/06/202507/06/202402/06/202303/06/202204/06/2021
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202505/06/202626/06/2026DutchPDF
Full model31/12/202406/06/202503/07/2025DutchPDF
Abridged model31/12/202307/06/202403/07/2024DutchPDF
Abridged model31/12/202202/06/202301/07/2023DutchPDF
Abridged model31/12/202103/06/202203/07/2022DutchPDF
Abridged model31/12/202004/06/202107/06/2021DutchPDF
Abridged model31/12/201905/06/202015/06/2020DutchPDF
Abridged model31/12/201807/06/201919/06/2019DutchPDF
Abridged model31/12/201701/06/201825/06/2018DutchPDF
Abridged model31/12/201602/06/201721/06/2017DutchPDF
Abridged model31/12/201503/06/201630/06/2016DutchPDF
Abridged model31/12/201405/06/201530/06/2015DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 2 active · 9 ended

Active mandates

Badia

Director · since 19 décembre 2024 · 0642.699.927

Represented by Jan Van Der Haegen

Active
Weytech

Director · since 19 décembre 2024 · 0651.634.419

Represented by Tim Weyens

Active

Ended mandates

Badia

Manager · since 19 décembre 2024 · 0642.699.927

Represented by Jan Van Der Haegen

Ended
Badia

Manager · since 18 juillet 2016 · 0642.699.927

Represented by Jan Van Der Haegen

Ended
GRALBA

Manager · since 18 juillet 2016 · until 19 décembre 2024 · 0838.736.234

Represented by Jan Van Der Haegen

Ended
GRALBA

Manager · since 18 juillet 2016 · 0838.736.234

Represented by Jan Van Der Haegen

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other01/12/2025
    DIVERSEN
    PDF
  • Mandates08/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/09/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office14/07/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates03/08/2016
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other13/03/2014
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20251,4 M €↓
  2. 2024
    Annual accounts 20242,7 M €↓
  3. 2023
    Annual accounts 20234,1 M €↑
  4. 2022
    Annual accounts 20221,7 M €↑
  5. 2021
    Annual accounts 2021223 k €↓
  6. 2020
    Annual accounts 2020486 k €↓
  7. 2019
    Annual accounts 2019565,6 k €↑
  8. 2018
    Annual accounts 2018480,4 k €↑
  9. 2017
    Annual accounts 2017213,7 k €↑
  10. 2016
    Annual accounts 2016200,1 k €↑
  11. 2015
    Annual accounts 2015149,6 k €↑
  12. 2014
    Annual accounts 201484,2 k €
  13. 11/03/2014
    IncorporationPrivate limited company