ACTIVE

Solar PFK

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Financial year 2025 · closed on 31/12/2025
Net result
-10,6 M €
-89.9% YoY
Revenue
6,3 M €
+91.3% YoY
Equity
21,3 M €
-33.3% YoY

What does Solar PFK do?

Solar PFK is a Private limited company incorporated in 2008. Its main activity is: Buying and selling of own real estate. Its registered office is in Bruxelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0898.217.327
Incorporation
29/05/2008
Legal form
Private limited company
Registered office
Avenue des Arts 56
1000 Bruxelles · BruxellesSee on map
Contributed capital
18 939 116,12 €
Latest accounts
31/12/2025
Activities (NACE)
68100Buying and selling of own real estate· main68110Buying and selling of own real estate41101Development of building projects41102Development of building projects68121Buying and selling of own real estate68122Buying and selling of own real estate
Signals
High revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202520242023
Income statement
Revenue6,3 M €3,3 M €2,9 M €
EBITDA-2,1 M €428,8 k €-337,9 k €
Operating result-6,8 M €-3,7 M €-2,7 M €
Net result-10,6 M €-5,6 M €-3,6 M €
Balance sheet
Equity21,3 M €31,9 M €37,6 M €
Total assets125,8 M €123,5 M €111,4 M €
Cash6,8 M €10,5 M €14 M €
Debts95,4 M €84,6 M €66,9 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 1 ended

Active mandates

Hanne MAES

Director · since 12 juin 2025

Active
GRIET HEIRWEGH

Director · since 31 décembre 2022

Active
Heiko Suess

Director · since 31 décembre 2022

Active
JAN WANGERMANN

Director · since 31 décembre 2022

Active
SASKIA ROOSEN

Director · since 31 décembre 2022

Active
SUZY DENYS

Director · since 31 décembre 2022 · until 31 mai 2025

Active

Ended mandates

SUZY DENYS

Director · since 31 décembre 2022

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelm136-f-pFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202331/12/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months1 months12 months12 months
Filing date23/05/202603/06/202524/02/202512/02/202523/11/202213/04/2022
General meeting22/05/202626/05/202519/02/202531/12/202228/07/202213/12/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202522/05/202623/05/2026FrenchPDF
Full model31/12/202426/05/202503/06/2025FrenchPDF
Full model31/12/202319/02/202524/02/2025FrenchPDF
m136-f-p31/12/202231/12/202212/02/2025FrenchPDF
Full model31/12/202231/12/202211/02/2025DutchPDF
m135-f-p31/12/202231/12/202206/02/2023DutchPDF
Full model31/12/202128/07/202223/11/2022DutchPDF
Full model31/12/202013/12/202113/04/2022DutchPDF
Full model31/12/201929/01/202113/04/2022DutchPDF
m910-p31/12/201809/12/201912/12/2019DutchPDF
m910-p31/12/201723/10/201813/11/2018DutchPDF
m910-p31/12/201610/04/201726/04/2017DutchPDF
m910-p31/12/201520/05/201629/06/2016DutchPDF
m910-p31/12/201428/05/201508/07/2015DutchPDF
Full model31/12/201326/06/201408/07/2014DutchPDF
m910-p31/12/201228/05/201319/07/2013DutchPDF
Full model31/12/201129/06/201221/09/2012DutchPDF
Full model31/12/201029/06/201221/09/2012DutchPDF
Full model31/12/200928/12/201103/05/2012DutchPDF
Full model31/12/200803/03/201101/07/2011DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 6 active · 1 ended

Active mandates

Hanne MAES

Director · since 12 juin 2025

Active
GRIET HEIRWEGH

Director · since 31 décembre 2022

Active
Heiko Suess

Director · since 31 décembre 2022

Active
JAN WANGERMANN

Director · since 31 décembre 2022

Active
SASKIA ROOSEN

Director · since 31 décembre 2022

Active
SUZY DENYS

Director · since 31 décembre 2022 · until 31 mai 2025

Active

Ended mandates

SUZY DENYS

Director · since 31 décembre 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/08/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Other06/02/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Other21/12/2023
    DIVERS
    PDF
  • Mandates13/01/2023
    DENOMINATION - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates18/02/2022
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares28/04/2020
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office07/04/2020
    ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    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

Timeline

  1. 2025
    Annual accounts 2025-10,6 M €↓
  2. 12/06/2025
    nominationHanne Maes — administrateur
  3. 2024
    Annual accounts 2024-5,6 M €↓
  4. 2023
    Annual accounts 2023-3,6 M €
  5. 29/05/2008
    IncorporationPrivate limited company