ACTIVE

SUNTRONICS SOLAR

Financial year 2025 · closed on 31/12/2025
Net result
670,1 k €
-6.9% YoY
Gross margin
2,8 M €
-7.4% YoY
Equity
498,3 k €
+3.1% YoY
Workforce
28,0 ETP
-11.7% YoY

What does SUNTRONICS SOLAR do?

SUNTRONICS SOLAR is a Private limited company incorporated in 2015. Its main activity is: Electrical installation. Its registered office is in Ledegem. It employs on average 28,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0568.568.369
Incorporation
09/01/2015
Legal form
Private limited company
Registered office
Toor 4
8880 Ledegem · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Average workforce
28,0 ETP
Joint committees (2)
  • 124
  • 200
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin2,8 M €3 M €3,7 M €2,4 M €2,8 M €3 M €1,1 M €717,6 k €193,8 k €4,7 k €308,3 k €
EBITDA992,3 k €1 M €970,5 k €1,6 M €1,7 M €1,7 M €142,1 k €89,3 k €18 k €4,6 k €307,7 k €
Operating result730,5 k €775,9 k €791,8 k €1,5 M €1,6 M €1,6 M €74,7 k €63,5 k €10,5 k €4,6 k €307,7 k €
Net result670,1 k €719,5 k €655,9 k €1,4 M €1,3 M €1,3 M €30,3 k €56,2 k €5,1 k €4,6 k €203,2 k €
Balance sheet
Equity498,3 k €483,1 k €988,6 k €832,7 k €669,5 k €520,6 k €219,4 k €219,2 k €219 k €213,9 k €209,4 k €
Total assets2,2 M €3,6 M €4,7 M €4,5 M €2,9 M €3,9 M €2 M €1,2 M €1,9 M €215,7 k €314,8 k €
Cash333,3 k €220,7 k €144,4 k €417,2 k €1,2 M €1,9 M €76,7 k €102,6 k €19,7 k €207,2 k €314,4 k €
Debts1,7 M €3 M €3,6 M €3,7 M €2,2 M €3,4 M €1,8 M €997,6 k €1,7 M €1,8 k €105,4 k €
Other
Workforce28,0 ETP31,7 ETP30,5 ETP16,1 ETP33,3 ETP23,7 ETP19,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 19 ended

Active mandates

AMPIO

Director · since 14 juillet 2022 · 0817.181.844

Represented by Hans Verbeke

Active
SUNTRONICS

Director · since 14 juillet 2022 · 0897.880.894

Represented by Louis Vansteenkiste

Active

Ended mandates

AMPIO

Director · since 14 juillet 2022 · 0817.181.844

Represented by Hans VERBEKE

Ended
AMPIO

Director · since 14 juillet 2022 · 0817.181.844

Represented by Hans VERBEKE

Ended
SUNTRONICS

Director · since 14 juillet 2022 · 0897.880.894

Represented by Louis VANSTEENKISTE

Ended
SUNTRONICS

Director · since 14 juillet 2022 · 0897.880.894

Represented by Louis VANSTEENKISTE

Ended
At this address

Other companies at this address

CompanyCBE no.
ANZEGEM MOTORSBankrupt
0752.994.766
0798.218.740
CAR SQUAREBankrupt
0812.353.323
0824.347.372
RENTAL INVESTBankrupt
0885.778.759
SUNTRONICSActive
0897.880.894
0793.701.708
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/07/202201/07/202101/07/202001/07/2019
Closing of the financial year31/12/202531/12/202431/12/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months18 months12 months12 months12 months
Filing date21/04/202623/05/202526/04/202428/09/202208/11/202118/12/2020
General meeting28/03/202603/04/202509/04/202420/09/202208/10/202105/12/2020
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 model31/12/202528/03/202621/04/2026DutchPDF
Abridged model31/12/202403/04/202523/05/2025DutchPDF
Abridged model31/12/202309/04/202426/04/2024DutchPDF
Abridged model30/06/202220/09/202228/09/2022DutchPDF
Abridged model30/06/202108/10/202108/11/2021DutchPDF
Abridged model30/06/202005/12/202018/12/2020DutchPDF
Abridged model30/06/201907/12/201919/12/2019DutchPDF
Micro model30/06/201801/12/201820/12/2018DutchPDF
Micro model30/06/201702/12/201714/12/2017DutchPDF
Abridged model30/06/201603/12/201623/12/2016DutchPDF
Abridged model30/06/201505/12/201515/01/2016DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 19 ended

Active mandates

AMPIO

Director · since 14 juillet 2022 · 0817.181.844

Represented by Hans Verbeke

Active
SUNTRONICS

Director · since 14 juillet 2022 · 0897.880.894

Represented by Louis Vansteenkiste

Active

Ended mandates

AMPIO

Director · since 14 juillet 2022 · 0817.181.844

Represented by Hans VERBEKE

Ended
AMPIO

Director · since 14 juillet 2022 · 0817.181.844

Represented by Hans VERBEKE

Ended
SUNTRONICS

Director · since 14 juillet 2022 · 0897.880.894

Represented by Louis VANSTEENKISTE

Ended
SUNTRONICS

Director · since 14 juillet 2022 · 0897.880.894

Represented by Louis VANSTEENKISTE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office26/03/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates22/07/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates06/05/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/08/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/07/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/08/2016
    BENAMING - DOEL
    PDF
  • Mandates18/03/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/09/2015
    ONTSLAGEN - BENOEMINGEN
    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 2025670,1 k €
  2. 2024
    Annual accounts 2024719,5 k €
  3. 2023
    Annual accounts 2023655,9 k €
  4. 2022
    Annual accounts 20221,4 M €
  5. 2021
    Annual accounts 20211,3 M €
  6. 2020
    Annual accounts 20201,3 M €
  7. 2019
    Annual accounts 201930,3 k €
  8. 2018
    Annual accounts 201856,2 k €
  9. 2017
    Annual accounts 20175,1 k €
  10. 2016
    Annual accounts 20164,6 k €
  11. 2016
    Name changeSuntronics Solar
  12. 2015
    Annual accounts 2015203,2 k €
  13. 09/01/2015
    IncorporationPrivate limited company
  14. 2015
    Name changeELINDUS FINANCE