ACTIVE

SolarDec

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Financial year 2025 · closed on 31/12/2025

Net result

66,9 k €

-22.1% YoY

Equity

301,2 k €

+23.9% YoY

What does SolarDec do?

SolarDec is a Cooperative society incorporated in 2017. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Hooglede.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0681.584.158

Incorporation

20/09/2017

Legal form

Cooperative society

Registered office

Bruggesteenweg 360
8830 Hooglede · FlandreSee on map

Contributed capital

145 500,00 €

Latest accounts

31/12/2025

Activities (NACE)

82990Other business support service activities n.e.c.· main 82990Other business support service activities n.e.c.64200Activities of holding companies 64210Activities of holding companies 71121Engineering activities and related technical consultancy 71121Engineering activities and related technical consultancy

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 8 financial years

	2025		2024		2023		2022		2021		2020		2019		2018
Income statement
EBITDA	273,7 k €	-8.7%	299,6 k €	+376%	63 k €	-18.9%	77,6 k €	-6.7%	83,2 k €	+4.8%	79,4 k €	+9.2%	72,7 k €	+45.2%	50,1 k €
Operating result	144,9 k €	-14.3%	169,1 k €	+14368%	1,2 k €	-96.4%	32,5 k €	-1.7%	33,1 k €	+39.7%	23,7 k €	+119%	10,8 k €	-53.2%	23,2 k €
Net result	66,9 k €	-22.1%	85,8 k €	+323%	-38,4 k €	-267%	22,9 k €	-9.9%	25,5 k €	+69.1%	15,1 k €	+631%	-2,8 k €	-113%	21,2 k €
Balance sheet
Equity	301,2 k €	+23.9%	243 k €	+46.4%	166 k €	+18.1%	140,6 k €	+15.2%	122 k €	+22.6%	99,5 k €	+14.4%	87 k €	-5.5%	92 k €
Total assets	2,4 M €	+3.0%	2,4 M €	-1.9%	2,4 M €	+416%	464,4 k €	-4.4%	485,5 k €	-7.1%	522,7 k €	-8.9%	573,6 k €	-18.5%	704,1 k €
Cash	69,8 k €	+12.5%	62 k €	-46.6%	116,2 k €	+112%	54,8 k €	+82.0%	30,1 k €	+122%	13,6 k €	+10.7%	12,3 k €	-46.8%	23,1 k €
Debts	2,1 M €	-1.6%	2,1 M €	-4.6%	2,2 M €	+579%	323,8 k €	-10.9%	363,5 k €	-14.1%	423 k €	-12.8%	485,2 k €	-20.5%	610,4 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 8 ended

Active mandates

VEJECO

Director · since 12 mai 2025 · until 30 novembre 2025 · 1021.298.746

Represented by Eline Dujardin

Active

BAKOR

Director · since 24 juin 2021 · until 12 mai 2025 · 0692.718.075

Represented by Ann Bataillie

Active

EMVECO

Director · since 18 janvier 2021 · until 14 mai 2029 · 0760.428.530

Represented by Serge Piceu

Active

Ended mandates

BAKOR

Director · since 24 juin 2021 · until 26 juin 2025 · 0692.718.075

Represented by Ann Bataillie

Ended

EMVECO

Director · since 18 janvier 2021 · until 12 mai 2025 · 0760.428.530

Represented by Serge Piceu

Ended

EMVECO

Director · since 18 janvier 2021 · until 26 juin 2025 · 0760.428.530

Represented by Serge Piceu

Ended

EMVECO

Director · since 18 janvier 2021 · until 24 juin 2021 · 0760.428.530

Represented by Serge Piceu

Ended

At this address

Other companies at this address

Company	CBE no.
DECEUNINCK● Active	0405.548.486
GROUP DECEUNINCK● Active	1011.246.477
PLASTICS DECEUNINCK● Active	0414.421.315
Tunal● Active	0656.841.438

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	12/05/2026	19/05/2025	15/05/2024	07/07/2023	11/07/2022	29/06/2021
General meeting	11/05/2026	12/05/2025	13/05/2024	29/06/2023	30/06/2022	24/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

8 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	11/05/2026	12/05/2026	Dutch	PDF
Full model	31/12/2024	12/05/2025	19/05/2025	Dutch	PDF
Full model	31/12/2023	13/05/2024	15/05/2024	Dutch	PDF
Full model	31/12/2022	29/06/2023	07/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	11/07/2022	Dutch	PDF
Full model	31/12/2020	24/06/2021	29/06/2021	Dutch	PDF
Full model	31/12/2019	25/06/2020	14/07/2020	Dutch	PDF
Full model	31/12/2018	27/06/2019	09/07/2019	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2025 · 3 active · 8 ended

Active mandates

VEJECO

Director · since 12 mai 2025 · until 30 novembre 2025 · 1021.298.746

Represented by Eline Dujardin

Active

BAKOR

Director · since 24 juin 2021 · until 12 mai 2025 · 0692.718.075

Represented by Ann Bataillie

Active

EMVECO

Director · since 18 janvier 2021 · until 14 mai 2029 · 0760.428.530

Represented by Serge Piceu

Active

Ended mandates

BAKOR

Director · since 24 juin 2021 · until 26 juin 2025 · 0692.718.075

Represented by Ann Bataillie

Ended

EMVECO

Director · since 18 janvier 2021 · until 12 mai 2025 · 0760.428.530

Represented by Serge Piceu

Ended

EMVECO

Director · since 18 janvier 2021 · until 26 juin 2025 · 0760.428.530

Represented by Serge Piceu

Ended

EMVECO

Director · since 18 janvier 2021 · until 24 juin 2021 · 0760.428.530

Represented by Serge Piceu

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/08/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other15/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - ALGEMENE VERGADERING
PDF
Mandates01/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/03/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/02/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/07/2020
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

2025
Annual accounts 202566,9 k €↓
2024
Annual accounts 202485,8 k €↑
2023
Annual accounts 2023-38,4 k €↓
2022
Annual accounts 202222,9 k €↓
2021
Annual accounts 202125,5 k €↑
2020
Annual accounts 202015,1 k €↑
2019
Annual accounts 2019-2,8 k €↓
2018
Annual accounts 201821,2 k €
20/09/2017
IncorporationCooperative society

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SolarDec

Overview

What does SolarDec do?

Trend over 8 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline