ACTIVE

Solarman

Financial year 2025 · closed on 31/12/2025
Net result
187,6 k €
-20.5% YoY
Gross margin
224,2 k €
-20.2% YoY
Equity
1,1 M €
+3.4% YoY

What does Solarman do?

Solarman is a Private limited company incorporated in 2018. Its main activity is: Activities of holding companies. Its registered office is in Lummen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0716.795.554
Incorporation
21/12/2018
Legal form
Private limited company
Registered office
Bosstraat 69
3560 Lummen · FlandreSee on map
Contributed capital
308 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin224,2 k €281,2 k €269,5 k €318,1 k €306,7 k €308,0 k €245,1 k €
EBITDA221,9 k €281,0 k €268,4 k €317,2 k €305,7 k €307,3 k €244,1 k €
Operating result221,9 k €281,0 k €268,4 k €317,2 k €305,7 k €307,3 k €244,1 k €
Net result187,6 k €236,0 k €225,0 k €253,4 k €236,0 k €207,7 k €157,1 k €
Balance sheet
Equity1,1 M €1,1 M €1,0 M €914,3 k €780,8 k €664,8 k €457,1 k €
Total assets2,4 M €2,3 M €2,3 M €2,5 M €2,4 M €2,4 M €2,2 M €
Cash29,9 k €15,3 k €15,6 k €13,3 k €131,5 k €28,6 k €
Debts1,2 M €1,2 M €1,3 M €1,6 M €1,6 M €1,7 M €1,8 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Anneman

Director · 0715.544.650

Represented by Emanuele Lai

Active
D-Management Group

Director · 0820.397.096

Represented by Jurgen Donné

Active

Ended mandates

Anneman

Director · 0715.544.650

Represented by Emanuele Lai

Ended
Anneman

Manager · 0715.544.650

Represented by Emanuele Lai

Ended
D-Management Group

Director · 0820.397.096

Represented by Jurgen Donné

Ended
D-Management Group

Manager · 0820.397.096

Represented by Jurgen Donné

Ended
At this address

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0450.065.053
0788.571.990
1000.820.759
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Xander InvestActive
0831.032.652
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 date18/06/202625/06/202525/06/202427/06/202327/06/202222/06/2021
General meeting03/04/202620/06/202521/06/202416/06/202317/06/202218/06/2021
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202503/04/202618/06/2026DutchPDF
Abridged model31/12/202420/06/202525/06/2025DutchPDF
Abridged model31/12/202321/06/202425/06/2024DutchPDF
Abridged model31/12/202216/06/202327/06/2023DutchPDF
Abridged model31/12/202117/06/202227/06/2022DutchPDF
Abridged model31/12/202018/06/202122/06/2021DutchPDF
Abridged model31/12/201919/06/202030/07/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 2 active · 4 ended

Active mandates

Anneman

Director · 0715.544.650

Represented by Emanuele Lai

Active
D-Management Group

Director · 0820.397.096

Represented by Jurgen Donné

Active

Ended mandates

Anneman

Director · 0715.544.650

Represented by Emanuele Lai

Ended
Anneman

Manager · 0715.544.650

Represented by Emanuele Lai

Ended
D-Management Group

Director · 0820.397.096

Represented by Jurgen Donné

Ended
D-Management Group

Manager · 0820.397.096

Represented by Jurgen Donné

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office18/05/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates14/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other27/12/2018
    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 2025187,6 k €
  2. 2024
    Annual accounts 2024236,0 k €
  3. 2023
    Annual accounts 2023225,0 k €
  4. 2022
    Annual accounts 2022253,4 k €
  5. 2021
    Annual accounts 2021236,0 k €
  6. 2020
    Annual accounts 2020207,7 k €
  7. 2019
    Annual accounts 2019157,1 k €
  8. 21/12/2018
    IncorporationPrivate limited company