ACTIVE

Solid Energy Solutions

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Financial year 2025 · closed on 31/12/2025
Net result
33,5 k €
+236.2% YoY
Gross margin
115,0 k €
+38.7% YoY
Equity
172,5 k €
+24.1% YoY

What does Solid Energy Solutions do?

Solid Energy Solutions is a Private limited company incorporated in 2012. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Malle.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0849.504.026
Incorporation
10/10/2012
Legal form
Private limited company
Registered office
Hickendorfdreef 6 box 3
2390 Malle · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Activities (NACE)
71121Engineering activities and related technical consultancy· main71121Engineering activities and related technical consultancy82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.71121Engineering activities and related technical consultancy71121Engineering activities and related technical consultancy
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin115,0 k €82,9 k €96,8 k €154,8 k €67,4 k €90,7 k €98,7 k €56,6 k €51,2 k €44,1 k €10,5 k €-918,7 €6,0 k €
EBITDA47,4 k €18,6 k €33,7 k €96,9 k €13,5 k €45,7 k €46,7 k €6,0 k €703,8 €11,1 k €10,5 k €-923,0 €6,0 k €
Operating result46,4 k €17,3 k €31,4 k €91,5 k €8,3 k €40,9 k €42,2 k €2,6 k €-835,9 €9,1 k €8,1 k €-3,4 k €3,0 k €
Net result33,5 k €10,0 k €19,6 k €65,5 k €3,2 k €29,4 k €27,9 k €-640,2 €-2,3 k €4,8 k €6,7 k €-3,4 k €1,8 k €
Balance sheet
Equity172,5 k €139,0 k €158,8 k €139,2 k €73,7 k €70,5 k €41,1 k €13,2 k €13,8 k €16,1 k €11,3 k €4,6 k €8,0 k €
Total assets279,6 k €231,6 k €204,2 k €283,2 k €310,0 k €176,2 k €78,7 k €40,7 k €37,4 k €96,4 k €19,3 k €8,7 k €10,6 k €
Cash93,2 k €43,8 k €86,3 k €16,0 k €124,8 k €37,1 k €33,0 k €10,6 k €14,5 k €83,3 k €8,5 k €1,0 k €150,7 €
Debts97,7 k €78,4 k €44,3 k €141,4 k €39,5 k €104,9 k €37,6 k €27,5 k €23,6 k €79,8 k €6,8 k €3,7 k €2,2 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 · 1 active · 1 ended

Active mandates

Werner Van Geel

Director · since 10 octobre 2012

Active

Ended mandates

Werner Van Geel

Manager · since 10 octobre 2012

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date29/06/202627/06/202525/06/202420/06/202308/07/202224/08/2021
General meeting15/06/202616/06/202517/06/202419/06/202320/06/202230/06/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202515/06/202629/06/2026DutchPDF
Micro model31/12/202416/06/202527/06/2025DutchPDF
Micro model31/12/202317/06/202425/06/2024DutchPDF
Micro model31/12/202219/06/202320/06/2023DutchPDF
Micro model31/12/202120/06/202208/07/2022DutchPDF
Micro model31/12/202030/06/202124/08/2021DutchPDF
Micro model31/12/201915/06/202016/06/2020DutchPDF
Micro model31/12/201817/06/201918/06/2019DutchPDF
Micro model31/12/201718/06/201819/06/2018DutchPDF
Micro model31/12/201619/06/201720/06/2017DutchPDF
Abridged model31/12/201520/06/201621/06/2016DutchPDF
Abridged model31/12/201415/06/201515/06/2015DutchPDF
Abridged model31/12/201316/06/201417/06/2014DutchPDF
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 · 1 active · 1 ended

Active mandates

Werner Van Geel

Director · since 10 octobre 2012

Active

Ended mandates

Werner Van Geel

Manager · since 10 octobre 2012

Ended
Shareholders

Ownership and network

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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 202533,5 k €↑
  2. 2024
    Annual accounts 202410,0 k €↓
  3. 2023
    Annual accounts 202319,6 k €↓
  4. 2022
    Annual accounts 202265,5 k €↑
  5. 2021
    Annual accounts 20213,2 k €↓
  6. 2020
    Annual accounts 202029,4 k €↑
  7. 2019
    Annual accounts 201927,9 k €↑
  8. 2018
    Annual accounts 2018-640,2 €↑
  9. 2017
    Annual accounts 2017-2,3 k €↓
  10. 2016
    Annual accounts 20164,8 k €↓
  11. 2015
    Annual accounts 20156,7 k €↑
  12. 2014
    Annual accounts 2014-3,4 k €↓
  13. 2013
    Annual accounts 20131,8 k €
  14. 10/10/2012
    IncorporationPrivate limited company