ACTIVE

RE-SOLE

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Financial year 2025 · closed on 31/12/2025

Net result

157,1 k €

+326.7% YoY

Revenue

242,6 k €

+19.4% YoY

Equity

70,4 k €

-67.0% YoY

What does RE-SOLE do?

RE-SOLE is a Public limited company incorporated in 2009. Its main activity is: Production of electricity. Its registered office is in Heusden-Zolder.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0820.369.481

Incorporation

04/11/2009

Legal form

Public limited company

Registered office

De Lange Beemden 14.1
3550 Heusden-Zolder · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

35110Production of electricity· main 35110Production of electricity 35120Transmission of electricity 35130Distribution of electricity 35140Trade of electricity 35150Electric power generation, transmission and distribution

Signals

ProfitableLow riskPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Revenue	242,6 k €	+19.4%	203,3 k €	-12.8%	233 k €	-16.1%	277,6 k €	+14.1%	243,2 k €	-7.9%	264,2 k €	+0.8%	262,2 k €	-4.4%	274,3 k €		–		–		–		–		–		–		–		–
EBITDA	173,2 k €	+5.2%	164,7 k €	+6.5%	154,5 k €	-15.1%	182 k €	+15.1%	158,1 k €	-9.9%	175,4 k €	-4.8%	184,3 k €	-22.6%	238 k €	+316%	57,2 k €	-66.6%	170,9 k €	-20.5%	214,9 k €	-3.9%	223,6 k €	+10.0%	203,3 k €	-11.7%	230,3 k €	+70.4%	135,2 k €	+19.8%	112,8 k €
Operating result	173,2 k €	+343%	39,1 k €	+362%	-14,9 k €	-170%	21,2 k €	+291%	5,4 k €	-82.2%	30,5 k €	-34.7%	46,7 k €	-56.5%	107,4 k €	+261%	-66,8 k €	-226%	53,2 k €	-48.4%	103,2 k €	-12.2%	117,5 k €	+14.6%	102,6 k €	-23.8%	134,6 k €	+79.4%	75 k €	+33.9%	56 k €
Net result	157,1 k €	+327%	36,8 k €	+317%	-16,9 k €	-275%	9,7 k €	+173%	-13,3 k €	-11179%	-118 €	-101%	20,6 k €	-67.1%	62,7 k €	+188%	-71,1 k €	-5020%	-1,4 k €	-104%	38,8 k €	+20.5%	32,3 k €	+35.5%	23,8 k €	-56.2%	54,3 k €	+1232%	4,1 k €	-74.6%	16,1 k €
Balance sheet
Equity	70,4 k €	-67.0%	213,3 k €	-6.4%	227,8 k €	-9.3%	251,1 k €	+1.8%	246,8 k €	-7.0%	265,4 k €	-1.9%	270,6 k €	+6.2%	254,7 k €	+29.6%	196,6 k €	-27.7%	271,9 k €	-2.0%	277,3 k €	+14.5%	242,3 k €	+13.4%	213,6 k €	+10.6%	193,2 k €	+35.9%	142,1 k €	+0.7%	141,1 k €
Total assets	446,5 k €	+11.3%	401,2 k €	-13.1%	461,4 k €	-22.2%	593,5 k €	-14.2%	691,8 k €	-15.5%	818,6 k €	-15.9%	973,2 k €	-6.9%	1 M €	-19.0%	1,3 M €	-7.1%	1,4 M €	-7.5%	1,5 M €	-4.3%	1,6 M €	-9.9%	1,7 M €	-4.5%	1,8 M €	+9.9%	1,7 M €	+17.3%	1,4 M €
Cash	186,4 k €	+21.8%	153,1 k €	+49.2%	102,6 k €	+193%	35 k €	-64.0%	97,2 k €	+15.3%	84,3 k €	+1.3%	83,2 k €	-35.6%	129 k €	+71.9%	75,1 k €	-10.8%	84,2 k €	-37.7%	135,1 k €	+85.9%	72,7 k €	-60.2%	182,5 k €	+51.4%	120,5 k €	+398%	24,2 k €	+378%	5,1 k €
Debts	376,2 k €	+100%	187,9 k €	-19.6%	233,6 k €	-31.8%	342,4 k €	-23.1%	445 k €	-19.6%	553,2 k €	-21.3%	702,6 k €	-11.1%	790 k €	-23.8%	1 M €	-3.1%	1,1 M €	-10.0%	1,2 M €	-8.7%	1,3 M €	-11.8%	1,5 M €	-6.9%	1,6 M €	+6.7%	1,5 M €	+18.2%	1,3 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 22 ended

Active mandates

PATRONALE LIFE

Chairman of the board of directors · since 06 juin 2023 · until 27 avril 2028 · 0415.120.705

Represented by Filip MOEYKENS

Active

ENERGY SOLUTIONS GROUP

Managing director · since 27 avril 2023 · until 27 avril 2028 · 0643.473.155

Represented by Bert CREEMERS

Active

RENTFIN

Director · since 27 avril 2023 · until 27 avril 2028 · 0787.966.929

Represented by Peggy RENTMEESTERS

Active

Ended mandates

Bert CREEMERS

Director · since 30 mars 2020 · until 27 avril 2023

Ended

Bert CREEMERS

Director · since 30 mars 2020 · until 23 avril 2026

Ended

Diederik BAETE

Director · since 30 mars 2020 · until 27 avril 2023

Ended

Diederik BAETE

Director · since 30 mars 2020 · until 23 avril 2026

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	21/05/2026	16/05/2025	22/05/2024	22/05/2023	12/07/2022	07/06/2021
General meeting	23/04/2026	25/04/2025	03/05/2024	27/04/2023	28/04/2022	07/05/2021
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	23/04/2026	21/05/2026	Dutch	PDF
Abridged model	31/12/2024	25/04/2025	16/05/2025	Dutch	PDF
Abridged model	31/12/2023	03/05/2024	22/05/2024	Dutch	PDF
Abridged model	31/12/2022	27/04/2023	22/05/2023	Dutch	PDF
Abridged model	31/12/2021	28/04/2022	12/07/2022	Dutch	PDF
Abridged model	31/12/2020	07/05/2021	07/06/2021	Dutch	PDF
Abridged model	31/12/2019	25/09/2020	28/09/2020	Dutch	PDF
Abridged model	31/12/2018	24/12/2019	20/04/2020	Dutch	PDF
Micro model	31/12/2017	20/06/2018	20/07/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	27/06/2016	27/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	30/07/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	29/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	30/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	04/08/2011	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 22 ended

Active mandates

PATRONALE LIFE

Chairman of the board of directors · since 06 juin 2023 · until 27 avril 2028 · 0415.120.705

Represented by Filip MOEYKENS

Active

ENERGY SOLUTIONS GROUP

Managing director · since 27 avril 2023 · until 27 avril 2028 · 0643.473.155

Represented by Bert CREEMERS

Active

RENTFIN

Director · since 27 avril 2023 · until 27 avril 2028 · 0787.966.929

Represented by Peggy RENTMEESTERS

Active

Ended mandates

Bert CREEMERS

Director · since 30 mars 2020 · until 27 avril 2023

Ended

Bert CREEMERS

Director · since 30 mars 2020 · until 23 avril 2026

Ended

Diederik BAETE

Director · since 30 mars 2020 · until 27 avril 2023

Ended

Diederik BAETE

Director · since 30 mars 2020 · until 23 avril 2026

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/05/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/12/2021
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/05/2020
DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates30/07/2018
MAATSCHAPPELIJKE ZETEL - 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 2025157,1 k €↑
2024
Annual accounts 202436,8 k €↑
2023
Annual accounts 2023-16,9 k €↓
2022
Annual accounts 20229,7 k €↑
2021
Annual accounts 2021-13,3 k €↓
2020
Annual accounts 2020-118 €↓
2019
Annual accounts 201920,6 k €↓
2018
Annual accounts 201862,7 k €↑
2017
Annual accounts 2017-71,1 k €↓
2016
Annual accounts 2016-1,4 k €↓
2015
Annual accounts 201538,8 k €↑
2014
Annual accounts 201432,3 k €↑
2013
Annual accounts 201323,8 k €↓
2012
Annual accounts 201254,3 k €↑
2011
Annual accounts 20114,1 k €↓
2010
Annual accounts 201016,1 k €
04/11/2009
IncorporationPublic limited company

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

RE-SOLE

Overview

What does RE-SOLE do?

Trend over 16 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