ACTIVE

VORSSELMANS SOLAR

Financial year 2025 · Closed on 30/09/2025

Net result390,8 k €-47,3 %over 1 year
Gross margin1,1 M €-35,8 %over 1 year
Equity1,8 M €+5,3 %over 1 year
Workforce7,6 ETP-30,9 %over 1 year

Identity

Source · BCE/KBO

VORSSELMANS SOLAR is a Public limited company incorporated in 2008. Its main activity is: Electrical installation. Its registered office is in Wuustwezel. It employs on average 7,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0806.700.203
Incorporation
30/09/2008
Legal form
Public limited company
Registered office
Wuustwezelseweg 95
2990 Wuustwezel · FlandreSee on map
Contributed capital
200 000,00 €
Latest accounts
30/09/2025
Average workforce
7,6 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 16 filings

Trend over 15 financial years

20252024202320222021
Income statement
Gross margin1,1 M €1,7 M €1,8 M €484,4 k €817,4 k €
EBITDA556,5 k €974,3 k €1,3 M €191,6 k €431,3 k €
Operating result522,9 k €940,7 k €1,2 M €179,5 k €413 k €
Net result390,8 k €741,5 k €921,9 k €131,1 k €310,1 k €
Balance sheet
Equity1,8 M €1,7 M €1,5 M €1,4 M €1,3 M €
Total assets2,4 M €2,9 M €2,8 M €1,7 M €1,7 M €
Cash722,4 k €319,9 k €1 M €144,3 k €557,9 k €
Debts591,3 k €1,2 M €1,2 M €368,1 k €388,5 k €
Other
Workforce7,6 ETP11,0 ETP9,3 ETP4,8 ETP5,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

4 active · 16 ended

Active mandates

VORNEX

Managing director · since 10 mars 2026 · until 09 mars 2032 · 1021.866.690

Represented by Kristel Vorsselmans

Active
COMAVOR

Director · since 30 mars 2021 · until 10 mars 2026 · 0463.701.372

Represented by Kristel Vorsselmans

Active
GEBO SOLUTIONS

Director · since 30 mars 2021 · until 09 mars 2027 · 0812.395.091

Represented by Gert BODEN

Active
MAVOR

Managing director · since 30 mars 2021 · until 09 mars 2027 · 0866.269.485

Represented by Mark VORSSELMANS

Active

Ended mandates

COMAVOR

Director · since 30 mars 2021 · until 09 mars 2027 · 0463.701.372

Represented by Kristel VORSSELMANS

Ended
COMAVOR

Director · since 30 mars 2021 · until 30 mars 2027 · 0463.701.372

Represented by Kristel VORSSELMANS

Ended
GEBO SOLUTIONS

Director · since 30 mars 2021 · until 30 mars 2027 · 0812.395.091

Represented by Gert BODEN

Ended
MAVOR

Managing director · since 30 mars 2021 · until 30 mars 2027 · 0866.269.485

Represented by Mark VORSSELMANS

Ended

Other companies at this address

Wuustwezelseweg 95 2990 Wuustwezel
CompanyCBE no.
COMAVOR● Active
0463.701.372
FORMEX VASTGOED● Active
0412.983.933
H+V Gevelwerken● Active
0798.508.651
VORNEX● Active
1021.866.690
VORSSELMANS● Active
0415.527.907
0672.626.011
0456.041.936

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/07/202001/07/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/06/2020
Length of the financial year12 months12 months12 months12 months15 months12 months
Filing date03/04/202621/03/202512/03/202427/03/202312/04/202210/12/2020
General meeting10/03/202611/03/202512/03/202414/03/202329/03/202210/11/2020
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, 16 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202510/03/202603/04/2026DutchPDF
Abridged model30/09/202411/03/202521/03/2025DutchPDF
Abridged model30/09/202312/03/202412/03/2024DutchPDF
Abridged model30/09/202214/03/202327/03/2023DutchPDF
Abridged model30/09/202129/03/202212/04/2022DutchPDF
Abridged model30/06/202010/11/202010/12/2020DutchPDF
Abridged model30/06/201912/11/201902/12/2019DutchPDF
Abridged model30/06/201813/11/201829/11/2018DutchPDF
Abridged model30/06/201714/11/201712/12/2017DutchPDF
Abridged model30/06/201608/11/201630/11/2016DutchPDF
Abridged model30/06/201510/11/201503/12/2015DutchPDF
Abridged model30/06/201412/11/201410/12/2014DutchPDF
Abridged model30/06/201312/11/201313/11/2013DutchPDF
Abridged model30/09/201113/03/201214/03/2012DutchPDF
Abridged model30/09/201008/03/201109/03/2011DutchPDF
Abridged model30/09/200909/03/201011/03/2010DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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.

Board of directors

Source · NBB, accounts to 30/09/2025

4 active · 16 ended

Active mandates

VORNEX

Managing director · since 10 mars 2026 · until 09 mars 2032 · 1021.866.690

Represented by Kristel Vorsselmans

Active
COMAVOR

Director · since 30 mars 2021 · until 10 mars 2026 · 0463.701.372

Represented by Kristel Vorsselmans

Active
GEBO SOLUTIONS

Director · since 30 mars 2021 · until 09 mars 2027 · 0812.395.091

Represented by Gert BODEN

Active
MAVOR

Managing director · since 30 mars 2021 · until 09 mars 2027 · 0866.269.485

Represented by Mark VORSSELMANS

Active

Ended mandates

COMAVOR

Director · since 30 mars 2021 · until 09 mars 2027 · 0463.701.372

Represented by Kristel VORSSELMANS

Ended
COMAVOR

Director · since 30 mars 2021 · until 30 mars 2027 · 0463.701.372

Represented by Kristel VORSSELMANS

Ended
GEBO SOLUTIONS

Director · since 30 mars 2021 · until 30 mars 2027 · 0812.395.091

Represented by Gert BODEN

Ended
MAVOR

Managing director · since 30 mars 2021 · until 30 mars 2027 · 0866.269.485

Represented by Mark VORSSELMANS

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates24/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/04/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates09/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/01/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/10/2012
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BOEKJAAR
    PDF

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 2025390,8 k €↓
  2. 2024
    Annual accounts 2024741,5 k €↓
  3. 2023
    Annual accounts 2023921,9 k €↑
  4. 2022
    Annual accounts 2022131,1 k €↓
  5. 2021
    Annual accounts 2021310,1 k €↑
  6. 2019
    Annual accounts 2019193,5 k €↑
  7. 2018
    Annual accounts 201878,2 k €↑
  8. 2017
    Annual accounts 201775,8 k €↓
  9. 2016
    Annual accounts 2016105,6 k €↑
  10. 2015
    Annual accounts 2015-444,7 k €↓
  11. 2014
    Annual accounts 201441 k €↓
  12. 2013
    Annual accounts 2013661,4 k €↓
  13. 2011
    Annual accounts 2011800,1 k €↑
  14. 2010
    Annual accounts 2010469,9 k €↑
  15. 2009
    Annual accounts 2009374,1 k €
  16. 30/09/2008
    IncorporationPublic limited company