ACTIVE

Belga Solar

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Financial year 2024 · Closed on 31/12/2024

Net result-470,3 k €-195,7 %over 1 year
Gross margin874 k €-63,2 %over 1 year
Equity1,9 M €+32,0 %over 1 year
Workforce20,8 ETP-11,1 %over 1 year

Identity

Source · BCE/KBO

Belga Solar is a Private limited company incorporated in 2012. Its main activity is: Electrical installation. Its registered office is in Somme-Leuze. It employs on average 20,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0844.255.138
Incorporation
02/03/2012
Legal form
Private limited company
Registered office
Zone d'activités Nord, Bail. 89
5377 Somme-Leuze · WallonieSee on map
Contributed capital
1 268 600,00 €
Latest accounts
31/12/2024
Average workforce
20,8 ETP
Joint committees (4)
  • 124
  • 14901
  • 200
  • 218
Contacts
5 public details availableLog in to view
Signals
Solid equityGood liquidityHealthy social debts

Financials

Source · NBB, 13 filings

Trend over 13 financial years

20242023202220212020
Income statement
Gross margin874 k €2,4 M €1,7 M €1,1 M €1,4 M €
EBITDA-264,7 k €1,1 M €716,3 k €362,6 k €859,4 k €
Operating result-728,9 k €690,7 k €343 k €41,4 k €643,7 k €
Net result-470,3 k €491,3 k €322 k €49,1 k €589,4 k €
Balance sheet
Equity1,9 M €1,4 M €942,5 k €1,7 M €1,7 M €
Total assets5,1 M €5,1 M €7,4 M €3,8 M €3,6 M €
Cash219,1 k €262,5 k €410,8 k €120,1 k €110,2 k €
Debts3,2 M €3,7 M €6,5 M €2,1 M €1,9 M €
Other
Workforce20,8 ETP23,4 ETP–16,6 ETP13,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

4 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
FAMO0811.804.084Represented by Axel Moorkens
Directorsince 06/12/2024
SPARAXIS0452.116.307Represented by Sylviane Bilgischer
Directorsince 06/12/2024
FALCON MANAGEMENT Sarl0783.678.341Represented by Frédéric Conrads
Director
SMAX0734.845.868Represented by Sébastien Mahieu
Director

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
ERIC FRANSSEN
Administrator - manager2013 accountsManager2014 accountsAssociate2015 accounts
FALCON MANAGEMENT SarlRepresented by Frédéric CONRADS
Director2023 accounts

Other companies at this address

Zone d'activités Nord, Bail. 89 5377 Somme-Leuze
CompanyCBE no.
COSOLAR● Active
0784.352.787

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/07/202504/03/202405/07/202311/03/202208/07/202130/06/2020
General meeting30/06/202522/02/202430/06/202317/02/202230/06/202130/06/2020
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, 13 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202430/06/202502/07/2025FrenchPDF
Abridged model31/12/202322/02/202404/03/2024FrenchPDF
Abridged model31/12/202230/06/202305/07/2023FrenchPDF
Abridged model31/12/202117/02/202211/03/2022FrenchPDF
Abridged model31/12/202030/06/202108/07/2021FrenchPDF
Abridged model31/12/201930/06/202030/06/2020FrenchPDF
Abridged model31/12/201821/03/201903/05/2019FrenchPDF
Abridged model31/12/201730/06/201826/07/2018FrenchPDF
Abridged model31/12/201630/06/201709/08/2017FrenchPDF
Abridged model31/12/201530/06/201619/07/2016FrenchPDF
Abridged model31/12/201430/06/201520/07/2015FrenchPDF
Abridged model31/12/201330/06/201422/07/2014FrenchPDF
Abridged model31/12/201230/06/201303/07/2013FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Board of directors

Source · NBB, accounts to 31/12/2024

4 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
FAMO0811.804.084Represented by Axel Moorkens
Directorsince 06/12/2024
SPARAXIS0452.116.307Represented by Sylviane Bilgischer
Directorsince 06/12/2024
FALCON MANAGEMENT Sarl0783.678.341Represented by Frédéric Conrads
Director
SMAX0734.845.868Represented by Sébastien Mahieu
Director

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
ERIC FRANSSEN
Administrator - manager2013 accountsManager2014 accountsAssociate2015 accounts
FALCON MANAGEMENT SarlRepresented by Frédéric CONRADS
Director2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other13/05/2026
    DIVERS
    PDF
  • Other23/12/2025
    ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Mandates16/12/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/12/2024
    DIVERS - DEMISSIONS, NOMINATIONS
    PDF
  • Other06/12/2023
    OBJET
    PDF
  • Mandates05/09/2023
    DENOMINATION - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/06/2022
    MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/03/2018
    DENOMINATION
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings13 filings
Mandates
SPARAXIS
FAMO
SMAX
FALCON MANAGEMENT Sarl
FALCON MANAGEMENT Sarl
PHILIPPE LEBLANC
ERIC FRANSSEN
Patrick CONRADS
201220132014201520162017201820192020202120222023202420252026
Belga SolarEVOCELLSFINALE 24 CONDROZ
Zone d'activités Nord, Bail. 89, 5377 Somme-Leuze
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Zone d'activités Nord, Bail. 89, 5377 Somme-LeuzeCurrent
accounts 2022 → 2024
Accounts 2024 · 2025-00226876

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Belga SolarCurrent
accounts 2023 → 2024
Accounts 2024 · 2025-00226876
EVOCELLS
accounts 2017 → 2022
Accounts 2022 · 2023-00202766
FINALE 24 CONDROZ
accounts 2012 → 2016
Accounts 2016 · 2017-42500158

Events

  1. 2024
    Annual accounts 2024-470,3 k €↓
  2. 2023
    Annual accounts 2023491,3 k €↑
  3. 2023
    Name changeBelga Solar
  4. 2022
    Annual accounts 2022322 k €↑
  5. 2021
    Annual accounts 202149,1 k €↓
  6. 2020
    Annual accounts 2020589,4 k €↑
  7. 2019
    Annual accounts 2019273,5 k €↓
  8. 2018
    Annual accounts 2018282,3 k €↑
  9. 2017
    Annual accounts 2017146,6 k €↑
  10. 2017
    Name changeEVOCELLS
  11. 2016
    Annual accounts 2016104,8 k €↑
  12. 2015
    Annual accounts 20151,2 k €↓
  13. 2014
    Annual accounts 20149,9 k €↓
  14. 2013
    Annual accounts 201374,9 k €↓
  15. 2012
    Annual accounts 2012200 k €
  16. 02/03/2012
    IncorporationPrivate limited company