ACTIVE

SOLFAR

Export PDF
Financial year 2025 · closed on 31/08/2025
Net result
28,7 k €
+398.9% YoY
Gross margin
28,5 k €
+418.1% YoY
Equity
37,2 M €
-0.2% YoY

What does SOLFAR do?

SOLFAR is a Public limited company incorporated in 2017. Its registered office is in Sint-Martens-Latem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0675.932.622
Incorporation
22/05/2017
Legal form
Public limited company
Registered office
Maenhoutstraat 77 box A
9830 Sint-Martens-Latem · FlandreSee on map
Contributed capital
17 025 000,00 €
Latest accounts
31/08/2025
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin28,5 k €-9 k €-8,4 k €-6,4 k €-4,3 k €-71,8 k €-7,7 k €-11,5 k €
EBITDA28,4 k €-9,3 k €-8,7 k €-6,7 k €-4,5 k €-72 k €-7,9 k €-13,4 k €
Operating result28,4 k €-9,3 k €-8,7 k €-6,7 k €-4,5 k €-72 k €-7,9 k €-13,4 k €
Net result28,7 k €-9,6 k €61,3 M €-6,9 k €-4,8 k €-72,3 k €5,7 M €-13,7 k €
Balance sheet
Equity37,2 M €37,3 M €22,8 M €17 M €17 M €17 M €17,1 M €17 M €
Total assets37,4 M €37,4 M €22,8 M €17,2 M €17,1 M €17,1 M €17,1 M €22,7 M €
Cash97,2 k €2,4 k €160,8 €1,2 k €2,2 k €5,6 k €76,9 k €83 k €
Debts165,9 k €112,5 k €17,8 k €170,6 k €105,7 k €104,2 k €2,4 k €5,7 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/08/2025 · 2 active · 6 ended

Active mandates

CREAFUND

Director · since 02 février 2023 · until 01 février 2029 · 0476.260.102

Represented by HERMAN WIELFAERT

Active
SPEED 8

Director · since 02 février 2023 · until 01 février 2029 · 0564.842.678

Represented by IVAN VAN DE MAELE

Active

Ended mandates

HERMAN WIELFAERT

Managing director · since 01 avril 2019 · until 20 décembre 2019

Ended
CREAFUND

Director · since 22 mai 2017 · until 02 février 2023 · 0476.260.102

Represented by Herman Wielfaert

Ended
CREAFUND

Director · since 22 mai 2017 · until 02 février 2023 · 0476.260.102

Represented by HERMAN WIELFAERT

Ended
CREALOAN

Mandate · since 22 mai 2017 · until 02 février 2023 · 0470.551.057

Represented by Herman Wielfaert

Ended
At this address

Other companies at this address

CompanyCBE no.
Accelerando● Active
0724.727.679
Administratiekantoor JoeniKorn HR● Active
0794.338.146
ADMINISTRATIEKANTOOR MOBILE LOCKER● Active
1033.069.794
Creacare● Active
0767.847.050
CREAFUND● Active
0476.260.102
CREAFUND ASSET MANAGEMENT● Active
0679.859.835
CREAFUND INVEST● Active
0729.902.729
CREAFUND MANAGEMENT● Active
0476.400.157
Creafund Transics Shares● Active
0726.499.514
CREALOAN● Active
0470.551.057
CreaVisionHealthcare● Active
0723.642.170
IBKEM● Active
0448.157.717
Maatschap Purna● Active
0759.736.563
MOBILE LOCKER HOLDING● Active
1024.833.209
Quartz Partners● Active
1008.636.484
SCOTCHA● Active
0786.667.624
SPEED 8● Active
0564.842.678
Syracuse Partners● Active
0780.901.270
THE SOFICS COMPANY● Active
0719.360.215
UNITEA● Active
0749.793.964
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/09/202401/09/202301/09/202201/09/202101/09/202001/09/2019
Closing of the financial year31/08/202531/08/202431/08/202331/08/202231/08/202131/08/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/03/202606/03/202508/02/202409/02/202303/03/202225/02/2021
General meeting28/02/202628/02/202501/02/202402/02/202303/02/202204/02/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/08/202528/02/202616/03/2026DutchPDF
Abridged model31/08/202428/02/202506/03/2025DutchPDF
Abridged model31/08/202301/02/202408/02/2024DutchPDF
Abridged model31/08/202202/02/202309/02/2023DutchPDF
Abridged model31/08/202103/02/202203/03/2022DutchPDF
Abridged model31/08/202004/02/202125/02/2021DutchPDF
Abridged model31/08/201906/02/202005/03/2020DutchPDF
Abridged model31/08/201807/02/201914/02/2019DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 31/08/2025 · 2 active · 6 ended

Active mandates

CREAFUND

Director · since 02 février 2023 · until 01 février 2029 · 0476.260.102

Represented by HERMAN WIELFAERT

Active
SPEED 8

Director · since 02 février 2023 · until 01 février 2029 · 0564.842.678

Represented by IVAN VAN DE MAELE

Active

Ended mandates

HERMAN WIELFAERT

Managing director · since 01 avril 2019 · until 20 décembre 2019

Ended
CREAFUND

Director · since 22 mai 2017 · until 02 février 2023 · 0476.260.102

Represented by Herman Wielfaert

Ended
CREAFUND

Director · since 22 mai 2017 · until 02 février 2023 · 0476.260.102

Represented by HERMAN WIELFAERT

Ended
CREALOAN

Mandate · since 22 mai 2017 · until 02 février 2023 · 0470.551.057

Represented by Herman Wielfaert

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office16/06/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates07/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/09/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates09/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/02/2020
    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 202528,7 k €↑
  2. 2024
    Annual accounts 2024-9,6 k €↓
  3. 2023
    Annual accounts 202361,3 M €↑
  4. 2022
    Annual accounts 2022-6,9 k €↓
  5. 2021
    Annual accounts 2021-4,8 k €↑
  6. 2020
    Annual accounts 2020-72,3 k €↓
  7. 2019
    Annual accounts 20195,7 M €↑
  8. 2018
    Annual accounts 2018-13,7 k €
  9. 22/05/2017
    IncorporationPublic limited company