ACTIVE

Solidariteit

Financial year 2025 · closed on 31/12/2025
Net result
4,6 M €
+4460.8% YoY
Gross margin
7,9 M €
+86.2% YoY
Equity
58,5 M €
+6.9% YoY

What does Solidariteit do?

Solidariteit is a Public utility foundation incorporated in 2016. Its main activity is: Management consultancy activities. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0667.780.167
Incorporation
16/12/2016
Legal form
Public utility foundation
Registered office
Putkapelstraat 105 box b
9051 Gent · FlandreSee on map
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin7,9 M €4,3 M €4,8 M €4,8 M €12,1 M €5,1 M €4,6 M €3,6 M €
EBITDA7,9 M €3,3 M €4 M €4,7 M €9,1 M €5 M €4,6 M €3,6 M €
Operating result4,7 M €171,3 k €809,3 k €1,5 M €5,9 M €1,8 M €1,3 M €1,3 M €
Net result4,6 M €101,3 k €641,5 k €1,1 M €5,5 M €1,4 M €1 M €944,8 k €
Balance sheet
Equity58,5 M €54,7 M €55,2 M €55,1 M €54,5 M €50,3 M €49,4 M €25,1 M €
Total assets69,5 M €66,6 M €67,5 M €68,1 M €68,2 M €73,8 M €68,8 M €44 M €
Cash8,5 M €4,6 M €1,4 M €4 M €8,3 M €5 M €317,5 k €1,1 M €
Debts8,1 M €9 M €10,3 M €11,8 M €12,5 M €23,5 M €19,4 M €18,9 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 4 ended

Active mandates

Guido Sieben

Director · since 26 avril 2019

Active
Erwin Devriendt

Director · since 12 mars 2017

Active
Marc De Pauw

Director · since 12 mars 2017

Active
Palmer Doubel

Director · since 12 mars 2017

Active
Pol Debrock

Director · since 12 mars 2017

Active

Ended mandates

Guido Sieben

Director · since 01 juillet 2019

Ended
Sylvie Kempinaire

Director · since 01 juillet 2019 · until 06 février 2021

Ended
Sylvie Kempinaire

Director · since 01 juillet 2019

Ended
Sylvie Kempinaire

Director · since 26 avril 2019 · until 06 février 2021

Ended
At this address

Other companies at this address

CompanyCBE no.
0828.949.033
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged 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 date05/05/202629/04/202503/05/202422/06/202314/07/202228/05/2021
General meeting21/04/202622/04/202524/04/202413/06/202315/06/202207/05/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202521/04/202605/05/2026DutchPDF
Abridged model31/12/202422/04/202529/04/2025DutchPDF
Abridged model31/12/202324/04/202403/05/2024DutchPDF
Abridged model31/12/202213/06/202322/06/2023DutchPDF
Abridged model31/12/202115/06/202214/07/2022DutchPDF
Abridged model31/12/202007/05/202128/05/2021DutchPDF
Abridged model31/12/201924/08/202003/09/2020DutchPDF
Abridged model31/12/201826/04/201902/05/2019DutchPDF
Abridged model31/12/201712/04/201807/05/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 5 active · 4 ended

Active mandates

Guido Sieben

Director · since 26 avril 2019

Active
Erwin Devriendt

Director · since 12 mars 2017

Active
Marc De Pauw

Director · since 12 mars 2017

Active
Palmer Doubel

Director · since 12 mars 2017

Active
Pol Debrock

Director · since 12 mars 2017

Active

Ended mandates

Guido Sieben

Director · since 01 juillet 2019

Ended
Sylvie Kempinaire

Director · since 01 juillet 2019 · until 06 février 2021

Ended
Sylvie Kempinaire

Director · since 01 juillet 2019

Ended
Sylvie Kempinaire

Director · since 26 avril 2019 · until 06 février 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office21/10/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates17/03/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/12/2017
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares25/09/2017
    KAPITAAL - AANDELEN
    PDF
  • Other30/05/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...) - DIVERSEN
    PDF
  • Other20/12/2016
    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 20254,6 M €
  2. 2024
    Annual accounts 2024101,3 k €
  3. 2023
    Annual accounts 2023641,5 k €
  4. 2022
    Annual accounts 20221,1 M €
  5. 2021
    Annual accounts 20215,5 M €
  6. 2020
    Annual accounts 20201,4 M €
  7. 2019
    Annual accounts 20191 M €
  8. 2018
    Annual accounts 2018944,8 k €
  9. 16/12/2016
    IncorporationPublic utility foundation