ACTIVE

Go-Solar

Financial year 2025 · closed on 31/12/2025
Net result
9,2 M €
+3509.2% YoY
Revenue
6,5 M €
Equity
30,4 M €
+43.4% YoY
Workforce
23,2 ETP

What does Go-Solar do?

Go-Solar is a Private limited company incorporated in 2022. Its main activity is: Electrical installation. Its registered office is in Ixelles. It employs on average 23,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0786.608.731
Incorporation
30/05/2022
Legal form
Private limited company
Registered office
Rue du Mail 50
1050 Ixelles · BruxellesSee on map
Contributed capital
32 000 000,00 €
Latest accounts
31/12/2025
Average workforce
23,2 ETP
Joint committees (2)
  • 14901
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Revenue6,5 M €
EBITDA-25,2 k €-45,4 k €-11 k €-27,3 k €
Operating result-1,2 M €-45,4 k €-11 k €-27,3 k €
Net result9,2 M €-269,5 k €-10,5 M €-28,2 k €
Balance sheet
Equity30,4 M €21,2 M €21,4 M €32 M €
Total assets31,5 M €26 M €26 M €32,4 M €
Debts1,1 M €4,9 M €4,6 M €468,1 k €
Other
Workforce23,2 ETP0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 14 ended

Active mandates

TGFM

Managing director · since 06 novembre 2024 · until 14 mai 2029 · 1012.118.784

Represented by Tangi MERCKX

Active
Denis Gorteman

Director · since 11 avril 2023 · until 14 mai 2029

Active
Laurence Willems

Managing director · since 11 avril 2023 · until 14 mai 2029

Active
Mulder

Director · since 11 avril 2023 · until 18 septembre 2025 · 0680.754.413

Represented by Roy MULDER

Active
Réginald Gillet

Director · since 11 avril 2023 · until 14 mai 2029

Active
Pierre Doumit

Director · since 01 juillet 2022 · until 30 juin 2028

Active

Ended mandates

A.N.C.P.

Director · since 11 avril 2023 · until 10 avril 2029 · 0462.878.456

Represented by Chris POPPE

Ended
A.N.C.P.

Managing director · since 11 avril 2023 · until 20 mars 2024 · 0462.878.456

Represented by Chris POPPE

Ended
Denis Gorteman

Director · since 11 avril 2023 · until 10 avril 2029

Ended
Laurence Willems

Director · since 11 avril 2023 · until 10 avril 2029

Ended
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Annual accounts

Full financial information

2025202420232022
Type of accountFull modelFull modelFull modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202325/05/2022
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months8 months
Filing date19/05/202627/06/202521/06/202410/10/2023
General meeting14/05/202614/05/202522/05/202423/06/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202514/05/202619/05/2026FrenchPDF
Full model31/12/202414/05/202527/06/2025DutchPDF
Full model31/12/202322/05/202421/06/2024FrenchPDF
Abridged model31/12/202223/06/202310/10/2023FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 6 active · 14 ended

Active mandates

TGFM

Managing director · since 06 novembre 2024 · until 14 mai 2029 · 1012.118.784

Represented by Tangi MERCKX

Active
Denis Gorteman

Director · since 11 avril 2023 · until 14 mai 2029

Active
Laurence Willems

Managing director · since 11 avril 2023 · until 14 mai 2029

Active
Mulder

Director · since 11 avril 2023 · until 18 septembre 2025 · 0680.754.413

Represented by Roy MULDER

Active
Réginald Gillet

Director · since 11 avril 2023 · until 14 mai 2029

Active
Pierre Doumit

Director · since 01 juillet 2022 · until 30 juin 2028

Active

Ended mandates

A.N.C.P.

Director · since 11 avril 2023 · until 10 avril 2029 · 0462.878.456

Represented by Chris POPPE

Ended
A.N.C.P.

Managing director · since 11 avril 2023 · until 20 mars 2024 · 0462.878.456

Represented by Chris POPPE

Ended
Denis Gorteman

Director · since 11 avril 2023 · until 10 avril 2029

Ended
Laurence Willems

Director · since 11 avril 2023 · until 10 avril 2029

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/02/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/11/2025
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/08/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/08/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring05/02/2025
    DENOMINATION - OBJET - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates13/12/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring22/11/2024
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates27/03/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    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 20259,2 M €
  2. 2025
    Name changeGo-Solar
  3. 2024
    Annual accounts 2024-269,5 k €
  4. 2024
    Name changeGo-Solar (anciennement LB Sunshine)
  5. 2023
    Annual accounts 2023-10,5 M €
  6. 2022
    Annual accounts 2022-28,2 k €
  7. 30/05/2022
    IncorporationPrivate limited company
  8. 2022
    Name changeLB Sunshine