Solar Power Systems
0661.661.546 · rovalta.com · 09/11/2026
ACTIVE
Solar Power Systems
Financial year 2025 · Closed on 31/08/2025
Net result17 k €+57,4 %over 1 year
Gross margin322,8 k €-23,7 %over 1 year
Equity435,8 k €+4,1 %over 1 year
Workforce4,1 ETP-36,9 %over 1 year
Overview
Identity
Source · BCE/KBOSolar Power Systems is a Private limited company incorporated in 2016. Its main activity is: Electrical installation. Its registered office is in Stabroek. It employs on average 4,1 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0661.661.546
- Incorporation
- 23/08/2016
- Legal form
- Private limited company
- Registered office
- Abtsdreef 143 box A6
2940 Stabroek · FlandreSee on map - Contributed capital
- 166 666,00 €
- Latest accounts
- 31/08/2025
- Average workforce
- 4,1 ETP
Activities (NACE)
43211Electrical installation· main43211Electrical installation46643Wholesale of machinery for the textile industry and of sewing and knitting machines46693Wholesale of other machinery and equipment46643Wholesale of machinery for the textile industry and of sewing and knitting machines46693Wholesale of other machinery and equipment+2
Joint committees (3)
- 149
- 14901
- 200
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 9 filingsTrend over 9 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 322,8 k € | -23.7% | 423,3 k € | -50.0% | 847,4 k € | +19.2% | 710,7 k € | +108% | 341,5 k € |
| EBITDA | 62 k € | +66.4% | 37,3 k € | -89.7% | 361,3 k € | -3.3% | 373,6 k € | +186% | 130,8 k € |
| Operating result | 26,7 k € | +69.5% | 15,8 k € | -95.6% | 354,6 k € | -3.4% | 367 k € | +202% | 121,6 k € |
| Net result | 17 k € | +57.4% | 10,8 k € | -96.1% | 274,4 k € | +0.8% | 272,1 k € | +206% | 88,8 k € |
| Balance sheet | |||||||||
| Equity | 435,8 k € | +4.1% | 418,8 k € | +2.6% | 408 k € | +22.3% | 333,6 k € | +27.6% | 261,5 k € |
| Total assets | 519,4 k € | +4.9% | 494,9 k € | -45.4% | 906,9 k € | -9.4% | 1 M € | +176% | 362,1 k € |
| Cash | 126,6 k € | +53.3% | 82,6 k € | -75.2% | 332,4 k € | -31.3% | 484,1 k € | +269% | 131,3 k € |
| Debts | 83,6 k € | +15.5% | 72,4 k € | -85.3% | 493,2 k € | -26.1% | 667,3 k € | +563% | 100,7 k € |
| Other | |||||||||
| Workforce | 4,1 ETP | -36.9% | 6,5 ETP | -18.8% | 8,0 ETP | – | – | ||
Valuation
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/08/20251 active · 1 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
| Directorsince 04/07/2022 |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Luc Martens | Director22/08/2016 → 04/07/2022Manager22/08/2016 → 2018 accounts |
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Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/09/2024 | 01/09/2023 | 01/09/2022 | 01/09/2021 | 01/09/2020 | 01/09/2019 |
| Closing of the financial year | 31/08/2025 | 31/08/2024 | 31/08/2023 | 31/08/2022 | 31/08/2021 | 31/08/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 05/03/2026 | 10/03/2025 | 26/02/2024 | 27/02/2023 | 25/02/2022 | 24/11/2020 |
| General meeting | 06/02/2026 | 07/02/2025 | 02/02/2024 | 03/02/2023 | 04/02/2022 | 20/11/2020 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 9 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/08/2025 | 06/02/2026 | 05/03/2026 | Dutch | |
| Abridged model | 31/08/2024 | 07/02/2025 | 10/03/2025 | Dutch | |
| Abridged model | 31/08/2023 | 02/02/2024 | 26/02/2024 | Dutch | |
| Micro model | 31/08/2022 | 03/02/2023 | 27/02/2023 | Dutch | |
| Micro model | 31/08/2021 | 04/02/2022 | 25/02/2022 | Dutch | |
| Micro model | 31/08/2020 | 20/11/2020 | 24/11/2020 | Dutch | |
| Micro model | 31/08/2019 | 07/02/2020 | 19/03/2020 | Dutch | |
| Micro model | 31/08/2018 | 03/12/2018 | 10/12/2018 | Dutch | |
| Micro model | 31/08/2017 | 02/02/2018 | 06/03/2018 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/08/20251 active · 1 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
| Directorsince 04/07/2022 |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Luc Martens | Director22/08/2016 → 04/07/2022Manager22/08/2016 → 2018 accounts |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Registered office26/10/2023MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
- Mandates15/09/2022ONTSLAGEN - BENOEMINGEN
- Mandates24/03/2021STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
- Other18/10/2017Adreswijziging
- Other25/08/2016Er blijkt uit een akte verleden op 22 augustus 2016 voor notaris Anne Cartuyvels, met standplaats te
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
Source · CBE, NBB annual accountsYear
Identity
Incorporation
Name
Registered office
Annual accounts
Filings9 filings
Mandates
AVE VIKO
Luc Martens
20162017201820192020202120222023202420252026
Solar Power Systems
Abtsdreef 143 bte A6, 2940 Stabroek
Director
DirectorManager
CurrentPlanned, not yet servedEndedAccounts filedToday
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Abtsdreef 143 bte A6, 2940 StabroekCurrent | accounts 2023 → 2025 | Accounts 2025 · 2026-00049134 |
| Sint Jobsesteenweg 50, 2930 Brasschaat | accounts 2022 | Accounts 2022 · 2023-00033996 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| Solar Power SystemsCurrent | accounts 2022 → 2025 | Accounts 2025 · 2026-00049134 |
Events
- 2025Annual accounts 202517 k €↑
- 2024Annual accounts 202410,8 k €↓
- 2023Annual accounts 2023274,4 k €↑
- 2022Annual accounts 2022272,1 k €↑
- 2021Annual accounts 202188,8 k €↑
- 2020Annual accounts 202074,1 k €↑
- 2019Annual accounts 201933,9 k €↓
- 2018Annual accounts 201843,7 k €↑
- 2017Annual accounts 2017-115,7 k €
- 23/08/2016IncorporationPrivate limited company