ACTIVE

SOLFUNDING

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Financial year 2025 · closed on 31/12/2025

Net result

8,7 k €

+236.9% YoY

Gross margin

63,4 k €

+29.6% YoY

Equity

80,9 k €

-11.3% YoY

What does SOLFUNDING do?

SOLFUNDING is a Public limited company incorporated in 2010. Its main activity is: Transmission of electricity. Its registered office is in Gent.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0831.120.447

Incorporation

15/11/2010

Legal form

Public limited company

Registered office

Poortakkerstraat 93
9051 Gent · FlandreSee on map

Contributed capital

68 506,85 €

Latest accounts

31/12/2025

Activities (NACE)

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

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	63,4 k €	+29.6%	48,9 k €	-20.1%	61,2 k €	-11.6%	69,3 k €	-1.5%	70,3 k €	-3.5%	72,9 k €	+0.3%	72,7 k €	+1.4%	71,7 k €	-9.2%	79 k €	-0.6%	79,5 k €	+0.3%	79,3 k €	+7.9%	73,4 k €	+1.2%	72,6 k €	-20.0%	90,7 k €	+53.8%	59 k €
EBITDA	62,8 k €	+30.5%	48,1 k €	-20.7%	60,7 k €	-11.7%	68,7 k €	-1.5%	69,8 k €	-3.1%	72,1 k €	+0.2%	71,9 k €	+1.0%	71,2 k €	-9.1%	78,3 k €	-0.7%	78,9 k €	+0.3%	78,7 k €	+7.7%	73 k €	+0.8%	72,4 k €	-19.7%	90,3 k €	+56.2%	57,8 k €
Operating result	25,2 k €	+139%	10,5 k €	-54.4%	23,1 k €	-25.9%	31,2 k €	-3.3%	32,3 k €	-6.5%	34,5 k €	+0.1%	34,5 k €	+2.2%	33,7 k €	-17.5%	40,9 k €	-1.3%	41,4 k €	+0.5%	41,2 k €	+15.8%	35,6 k €	+1.7%	35 k €	-61.2%	90,3 k €	+391%	18,4 k €
Net result	8,7 k €	+237%	-6,3 k €	-395%	2,1 k €	-65.3%	6,2 k €	+6.6%	5,8 k €	-26.6%	7,9 k €	+4.4%	7,6 k €	+42.9%	5,3 k €	-51.9%	11 k €	-24.6%	14,6 k €	+60.6%	9,1 k €	+290%	2,3 k €	+299%	583,2 €	-98.9%	54,8 k €	+641%	-10,1 k €
Balance sheet
Equity	80,9 k €	-11.3%	91,2 k €	-6.5%	97,6 k €	+2.2%	95,4 k €	+6.9%	89,3 k €	+6.9%	83,5 k €	-31.3%	121,6 k €	+6.6%	114 k €	+4.9%	108,7 k €	+11.3%	97,7 k €	+17.5%	83,1 k €	+12.3%	74 k €	+3.2%	71,7 k €	-36.6%	113,1 k €	+93.8%	58,4 k €
Total assets	321,1 k €	-11.9%	364,5 k €	-8.2%	397 k €	-11.2%	447 k €	-3.8%	464,6 k €	-12.9%	533,3 k €	-1.7%	542,5 k €	-6.0%	577,1 k €	-1.0%	583,2 k €	-4.5%	610,8 k €	+0.9%	605,6 k €	-4.6%	635,1 k €	-1.4%	644,2 k €	-9.2%	709,6 k €	+5.7%	671,4 k €
Cash	151 k €	+103%	74,3 k €	-52.0%	155 k €	-1.5%	157,4 k €	+19.8%	131,4 k €	-28.9%	184,7 k €	+21.4%	152,1 k €	+1.1%	150,4 k €	+23.5%	121,7 k €	+6.7%	114,1 k €	+43.0%	79,8 k €	+10.9%	71,9 k €	+58.3%	45,4 k €	-29.5%	64,5 k €	+85.5%	34,8 k €
Debts	239,6 k €	-11.6%	271 k €	-8.9%	297,4 k €	-14.0%	345,8 k €	-7.5%	373,7 k €	-16.4%	447,2 k €	+6.2%	420,9 k €	-8.0%	457,7 k €	-3.6%	474,5 k €	-6.5%	507,6 k €	-2.8%	522,5 k €	-6.9%	561 k €	-2.0%	572,5 k €	-4.0%	596,5 k €	-2.7%	613 k €

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 · 3 active · 15 ended

Active mandates

Tom Damman

Director · since 09 novembre 2022 · until 26 mai 2028

Active

Ward Peeters

Director · since 09 novembre 2022 · until 26 mai 2028

Active

Dieter Aelvoet

Managing director · since 10 février 2014 · until 26 mai 2028

Active

Ended mandates

Tim Damman

Director · since 09 novembre 2022 · until 09 novembre 2028

Ended

Ward Peeters

Director · since 09 novembre 2022 · until 09 novembre 2028

Ended

Tim Damman

Director · since 09 novembre 2016 · until 09 novembre 2022

Ended

Tom Damman

Director · since 09 novembre 2016 · until 09 novembre 2022

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	25/06/2026	11/07/2025	27/06/2024	13/07/2023	08/07/2022	23/06/2021
General meeting	29/05/2026	13/06/2025	31/05/2024	16/06/2023	30/06/2022	28/05/2021
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	29/05/2026	25/06/2026	Dutch	PDF
Micro model	31/12/2024	13/06/2025	11/07/2025	Dutch	PDF
Micro model	31/12/2023	31/05/2024	27/06/2024	Dutch	PDF
Micro model	31/12/2022	16/06/2023	13/07/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	08/07/2022	Dutch	PDF
Micro model	31/12/2020	28/05/2021	23/06/2021	Dutch	PDF
Micro model	31/12/2019	29/05/2020	15/07/2020	Dutch	PDF
Micro model	31/12/2018	31/05/2019	23/07/2019	Dutch	PDF
Micro model	31/12/2017	25/05/2018	27/06/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	29/06/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	30/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	30/06/2014	Dutch	PDF
Abridged model	31/12/2012	14/04/2013	01/08/2013	Dutch	PDF
Abridged model	31/12/2011	21/06/2012	24/08/2012	Dutch	PDF

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 · 3 active · 15 ended

Active mandates

Tom Damman

Director · since 09 novembre 2022 · until 26 mai 2028

Active

Ward Peeters

Director · since 09 novembre 2022 · until 26 mai 2028

Active

Dieter Aelvoet

Managing director · since 10 février 2014 · until 26 mai 2028

Active

Ended mandates

Tim Damman

Director · since 09 novembre 2022 · until 09 novembre 2028

Ended

Ward Peeters

Director · since 09 novembre 2022 · until 09 novembre 2028

Ended

Tim Damman

Director · since 09 novembre 2016 · until 09 novembre 2022

Ended

Tom Damman

Director · since 09 novembre 2016 · until 09 novembre 2022

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/05/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Registered office08/01/2020
MAATSCHAPPELIJKE ZETEL
PDF
Registered office06/08/2019
MAATSCHAPPELIJKE ZETEL
PDF
Mandates03/03/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/05/2014
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates17/08/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/05/2012
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 20258,7 k €↑
2024
Annual accounts 2024-6,3 k €↓
2023
Annual accounts 20232,1 k €↓
2022
Annual accounts 20226,2 k €↑
2021
Annual accounts 20215,8 k €↓
2020
Annual accounts 20207,9 k €↑
2019
Annual accounts 20197,6 k €↑
2018
Annual accounts 20185,3 k €↓
2017
Annual accounts 201711 k €↓
2016
Annual accounts 201614,6 k €↑
2015
Annual accounts 20159,1 k €↑
2014
Annual accounts 20142,3 k €↑
2013
Annual accounts 2013583,2 €↓
2012
Annual accounts 201254,8 k €↑
2011
Annual accounts 2011-10,1 k €
15/11/2010
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

SOLFUNDING

Overview

What does SOLFUNDING do?

Trend over 15 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