ACTIVE

SolarRhode

Financial year 2025 · closed on 31/12/2025
Net result
39,1 k €
-13.1% YoY
Gross margin
81,5 k €
-9.0% YoY
Equity
27,6 k €
-12.4% YoY

What does SolarRhode do?

SolarRhode is a Private limited company incorporated in 2009. Its main activity is: Trade of electricity. Its registered office is in Oosterzele.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0819.676.625
Incorporation
15/10/2009
Legal form
Private limited company
Registered office
Lange Ambachtstraat 40
9860 Oosterzele · FlandreSee on map
Contributed capital
25 551,70 €
Latest accounts
31/12/2025
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122010
Income statement
Gross margin81,5 k €89,5 k €92,5 k €78,3 k €70,5 k €106,9 k €86,9 k €87,3 k €84,4 k €87,5 k €95,6 k €93,4 k €86,5 k €90,7 k €79,2 k €
EBITDA80,8 k €88,7 k €91,8 k €77,7 k €69,9 k €102,3 k €82,2 k €82,7 k €79,8 k €82,8 k €90,9 k €88,7 k €81,4 k €89,7 k €78,3 k €
Operating result47,3 k €54,9 k €58 k €55,1 k €43,4 k €69,5 k €49,7 k €50,2 k €47,3 k €48,4 k €52,7 k €46,3 k €34,2 k €37,3 k €8,4 k €
Net result39,1 k €45 k €47,4 k €45,1 k €36,1 k €54,1 k €35,6 k €34,4 k €30,1 k €30,2 k €39,9 k €37,8 k €25,1 k €26,9 k €3 k €
Balance sheet
Equity27,6 k €31,5 k €80,3 k €146,9 k €150,6 k €154,4 k €158,2 k €161,5 k €160,9 k €164,7 k €168,6 k €173,3 k €170,6 k €211,2 k €180,9 k €
Total assets95 k €140,5 k €214,4 k €245,7 k €215,7 k €283,1 k €313 k €334,7 k €384,6 k €472,6 k €463,1 k €493,8 k €526,3 k €592,8 k €682,3 k €
Cash57,1 k €80,8 k €123 k €118,8 k €51,1 k €89,5 k €92,2 k €82,2 k €86,5 k €86,4 k €106,4 k €103,9 k €94,5 k €70,8 k €27,6 k €
Debts51,5 k €93,2 k €118,4 k €83,4 k €38,4 k €94,9 k €125 k €145,7 k €201,9 k €291,9 k €282,4 k €312,3 k €351,7 k €381,7 k €501,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 10 ended

Active mandates

CEDES

Director · 0448.462.375

Represented by Bernard Santens

Active
MERCURE INTERNATIONAL NV

Director

Represented by Stephan Bostoen

Active
Rf TECHNOLOGIES

Director · 0427.205.519

Represented by Bernard Santens

Active

Ended mandates

MERCURE INTERNATIONAL NV

Manager · since 23 octobre 2009

Represented by Stephan BOSTOEN

Ended
CEDES

Manager · since 12 octobre 2009 · 0448.462.375

Represented by Bernard SANTENS

Ended
Rf TECHNOLOGIES

Manager · since 12 octobre 2009 · 0427.205.519

Represented by Bernard SANTENS

Ended
CEDES

Manager · 0448.462.375

Represented by Bernard Santens

Ended
At this address

Other companies at this address

CompanyCBE no.
0768.876.042
Rf TECHNOLOGIESActive
0427.205.519
0455.512.988
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 date04/06/202615/07/202518/07/202420/07/202322/08/202228/06/2021
General meeting28/05/202620/06/202521/06/202430/06/202317/08/202224/06/2021
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202528/05/202604/06/2026DutchPDF
Abridged model31/12/202420/06/202515/07/2025DutchPDF
Abridged model31/12/202321/06/202418/07/2024DutchPDF
Abridged model31/12/202230/06/202320/07/2023DutchPDF
Abridged model31/12/202117/08/202222/08/2022DutchPDF
Abridged model31/12/202024/06/202128/06/2021DutchPDF
Abridged model31/12/201906/08/202002/09/2020DutchPDF
Abridged model31/12/201823/05/201913/06/2019DutchPDF
Abridged model31/12/201724/05/201814/06/2018DutchPDF
Abridged model31/12/201629/05/201728/06/2017DutchPDF
Abridged model31/12/201526/05/201621/06/2016DutchPDF
Abridged model31/12/201416/06/201529/06/2015DutchPDF
Abridged model31/12/201326/06/201411/07/2014DutchPDF
Abridged model31/12/201223/05/201309/08/2013DutchPDF
Abridged model31/12/201124/05/201220/07/2012DutchPDF
Abridged model31/12/201026/05/201119/07/2011DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 3 active · 10 ended

Active mandates

CEDES

Director · 0448.462.375

Represented by Bernard Santens

Active
MERCURE INTERNATIONAL NV

Director

Represented by Stephan Bostoen

Active
Rf TECHNOLOGIES

Director · 0427.205.519

Represented by Bernard Santens

Active

Ended mandates

MERCURE INTERNATIONAL NV

Manager · since 23 octobre 2009

Represented by Stephan BOSTOEN

Ended
CEDES

Manager · since 12 octobre 2009 · 0448.462.375

Represented by Bernard SANTENS

Ended
Rf TECHNOLOGIES

Manager · since 12 octobre 2009 · 0427.205.519

Represented by Bernard SANTENS

Ended
CEDES

Manager · 0448.462.375

Represented by Bernard Santens

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/08/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/11/2009
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other26/10/2009
    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 202539,1 k €
  2. 2024
    Annual accounts 202445 k €
  3. 2023
    Annual accounts 202347,4 k €
  4. 2022
    Annual accounts 202245,1 k €
  5. 2021
    Annual accounts 202136,1 k €
  6. 2020
    Annual accounts 202054,1 k €
  7. 2019
    Annual accounts 201935,6 k €
  8. 2018
    Annual accounts 201834,4 k €
  9. 2017
    Annual accounts 201730,1 k €
  10. 2016
    Annual accounts 201630,2 k €
  11. 2015
    Annual accounts 201539,9 k €
  12. 2014
    Annual accounts 201437,8 k €
  13. 2013
    Annual accounts 201325,1 k €
  14. 2012
    Annual accounts 201226,9 k €
  15. 2010
    Annual accounts 20103 k €
  16. 15/10/2009
    IncorporationPrivate limited company