ACTIVE

SOLAIRFIN

Financial year 2025 · Closed on 31/12/2025

Net result773,9 €-87,1 %over 1 year

Gross margin21,3 k €-36,5 %over 1 year

Equity829,7 k €-5,5 %over 1 year

Identity

Source · BCE/KBO

SOLAIRFIN is a Private limited company incorporated in 2008. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Herve.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0897.091.929
Incorporation: 04/04/2008
Legal form: Private limited company
Registered office: Rue de Maestricht 70
4651 Herve · WallonieSee on map
Contributed capital: 194 300,00 €
Latest accounts: 31/12/2025

Activities (NACE)

72101Research and experimental development on natural sciences and engineering· main 72110Research and experimental development on biotechnology

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 18 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	21,3 k €	-36.5%	33,5 k €	-71.4%	117,3 k €	-26.3%	159,2 k €	-36.8%	251,8 k €
EBITDA	21,3 k €	-36.5%	33,5 k €	-71.4%	117,3 k €	-26.3%	159,2 k €	-36.8%	251,8 k €
Operating result	-2,3 k €	-123%	9,9 k €	-89.4%	93,6 k €	-30.2%	134,2 k €	+265%	36,8 k €
Net result	773,9 €	-87.1%	6 k €	-91.5%	70,2 k €	-27.4%	96,6 k €	+198%	32,4 k €
Balance sheet
Equity	829,7 k €	-5.5%	878,2 k €	-5.1%	925,4 k €	+9.8%	843 k €	+5.1%	801,8 k €
Total assets	967,3 k €	-5.5%	1 M €	-13.2%	1,2 M €	-17.4%	1,4 M €	-9.0%	1,6 M €
Cash	739,7 k €	+5.2%	703 k €	+6.3%	661,1 k €	+361%	143,3 k €	+192%	49,1 k €
Debts	137,6 k €	-5.0%	144,8 k €	-42.9%	253,8 k €	-56.6%	584,5 k €	-23.8%	767,3 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Céline WEBER	Mandate
Michaël DEROUWAUX	Mandate
Samuel BRAGARD	MandateManaging director2011 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
André JACQUINET	Managing director11/06/2012 → 2022 accounts
Nadège LORQUET	Mandate2023 accounts

Other companies at this address

Rue de Maestricht 70 4651 Herve

Company	CBE no.
ENERIMMO● Active	0525.755.638
ENERSOL● Active	0874.697.993
Fondation ENERSOL● Active	0760.444.168
PART-ENER● Active	0803.626.489
SM ENERSOL - AZIMUT 360● Active	0781.434.770
SM ENERSOL - ELOY - CMI● Active	0739.562.642
SOLEA INVEST● Active	0773.754.053

Full financial information

Source · NBB

	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	09/07/2026	07/07/2025	04/07/2024	25/07/2023	20/07/2022	17/08/2021
General meeting	29/06/2026	27/06/2025	25/06/2024	21/06/2023	13/06/2022	05/08/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 18 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	29/06/2026	09/07/2026	French	PDF
Micro model	31/12/2024	27/06/2025	07/07/2025	French	PDF
Micro model	31/12/2023	25/06/2024	04/07/2024	French	PDF
Micro model	31/12/2022	21/06/2023	25/07/2023	French	PDF
Micro model	31/12/2021	13/06/2022	20/07/2022	French	PDF
Micro model	31/12/2020	05/08/2021	17/08/2021	French	PDF
Abridged model	31/12/2019	10/07/2020	24/07/2020	French	PDF
Abridged model	31/12/2018	28/06/2019	11/07/2019	French	PDF
Abridged model	31/12/2017	12/07/2018	18/07/2018	French	PDF
Abridged model	31/12/2016	06/07/2017	14/07/2017	French	PDF
Abridged model	31/12/2015	20/06/2016	29/06/2016	French	PDF
Abridged model	31/12/2014	17/07/2015	17/07/2015	French	PDF
Abridged model	31/12/2013	10/06/2014	11/07/2014	French	PDF
Abridged model	31/12/2012	10/06/2013	05/07/2013	French	PDF
Abridged model	31/12/2011	11/06/2012	26/06/2012	French	PDF
Abridged model	31/12/2010	04/02/2011	05/05/2011	French	PDF
Abridged model	31/12/2009	21/05/2010	18/06/2010	French	PDF
Abridged model	31/12/2008	10/06/2009	11/06/2009	French	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Céline WEBER	Mandate
Michaël DEROUWAUX	Mandate
Samuel BRAGARD	MandateManaging director2011 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
André JACQUINET	Managing director11/06/2012 → 2022 accounts
Nadège LORQUET	Mandate2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates08/07/2026
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates15/09/2025
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates29/08/2025
DEMISSIONS, NOMINATIONS
PDF
Capital / shares01/07/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Mandates27/06/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS
PDF
Mandates10/08/2018
DEMISSIONS, NOMINATIONS
PDF
Registered office12/01/2015
SIEGE SOCIAL
PDF
Other26/06/2012
ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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

Filings18 filings

Mandates

Samuel BRAGARD

Michaël DEROUWAUX

Céline WEBER

André JACQUINET

Nadège LORQUET

2008200920102011201220132014201520162017201820192020202120222023202420252026

SOLAIRFIN

Rue de Maestricht 70, 4651 Battice

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue de Maestricht 70, 4651 BatticeCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00274329

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
SOLAIRFINCurrent	accounts 2008 → 2025	Accounts 2025 · 2026-00274329

Events

2025
Annual accounts 2025773,9 €↓
2024
Annual accounts 20246 k €↓
2023
Annual accounts 202370,2 k €↓
2022
Annual accounts 202296,6 k €↑
2021
Annual accounts 202132,4 k €↓
2020
Annual accounts 2020118 k €↑
2019
Annual accounts 201984,7 k €↓
2018
Annual accounts 201888,2 k €↓
2017
Annual accounts 2017128,3 k €↑
2016
Annual accounts 201693 k €↓
2015
Annual accounts 2015208,6 k €↑
2014
Annual accounts 2014202 k €↑
2013
Annual accounts 201344,9 k €↑
2012
Annual accounts 2012-18,6 k €↓
2011
Annual accounts 20111,5 k €↓
2010
Annual accounts 20103,5 k €↓
2009
Annual accounts 200927,4 k €↑
2008
Annual accounts 200822,9 k €
04/04/2008
IncorporationPrivate limited company

SOLAIRFIN

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events