ACTIVE

SOLFAR

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Financial year 2025 · Closed on 31/08/2025

Net result28,7 k €+398,9 %over 1 year
Gross margin28,5 k €+418,1 %over 1 year
Equity37,2 M €-0,2 %over 1 year

Identity

Source · BCE/KBO

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

Financials

Source · NBB, 8 filings

Trend over 8 financial years

20252024202320222021
Income statement
Gross margin28,5 k €-9 k €-8,4 k €-6,4 k €-4,3 k €
EBITDA28,4 k €-9,3 k €-8,7 k €-6,7 k €-4,5 k €
Operating result28,4 k €-9,3 k €-8,7 k €-6,7 k €-4,5 k €
Net result28,7 k €-9,6 k €61,3 M €-6,9 k €-4,8 k €
Balance sheet
Equity37,2 M €37,3 M €22,8 M €17 M €17 M €
Total assets37,4 M €37,4 M €22,8 M €17,2 M €17,1 M €
Cash97,2 k €2,4 k €160,8 €1,2 k €2,2 k €
Debts165,9 k €112,5 k €17,8 k €170,6 k €105,7 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/08/2025

2 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
CREAFUND0476.260.102Represented by HERMAN WIELFAERT
Director22/05/2017 → 01/02/2029
SPEED 80564.842.678Represented by IVAN VAN DE MAELE
Director22/05/2017 → 01/02/2029

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
HERMAN WIELFAERT
Managing director01/04/2019 → 20/12/2019
CREALOAN0470.551.057Represented by Herman Wielfaert
Mandate22/05/2017 → 2018 accountsManaging director22/05/2017 → 01/04/2019

Other companies at this address

Maenhoutstraat 77 9830 Sint-Martens-Latem
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

Full financial information

Source · NBB
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 8 filings
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

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.

Board of directors

Source · NBB, accounts to 31/08/2025

2 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
CREAFUND0476.260.102Represented by HERMAN WIELFAERT
Director22/05/2017 → 01/02/2029
SPEED 80564.842.678Represented by IVAN VAN DE MAELE
Director22/05/2017 → 01/02/2029

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
HERMAN WIELFAERT
Managing director01/04/2019 → 20/12/2019
CREALOAN0470.551.057Represented by Herman Wielfaert
Mandate22/05/2017 → 2018 accountsManaging director22/05/2017 → 01/04/2019

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • 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

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings8 filings
Mandates
CREAFUND
SPEED 8
HERMAN WIELFAERT
CREALOAN
2017201820192020202120222023202420252026202720282029
SOLFAR
Maenhoutstraat 77 bte A, 9830 Sint-Martens-Latem
Director
Director
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Maenhoutstraat 77 bte A, 9830 Sint-Martens-LatemCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00055741

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
SOLFARCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00055741

Events

  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