ACTIVE

SOLARECYCLE

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Financial year 2025 · closed on 31/12/2025
Net result
-6,8 k €
+79.6% YoY
Revenue
190,5 k €
Equity
450,9 k €
-1.5% YoY

What does SOLARECYCLE do?

SOLARECYCLE is a Public limited company incorporated in 2008. Its registered office is in Soumagne.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0899.286.307
Incorporation
15/07/2008
Legal form
Public limited company
Registered office
Rue du Relais(CER) 1
4632 Soumagne · WallonieSee on map
Contributed capital
200 000,00 €
Latest accounts
31/12/2025
Joint committees (2)
  • 14901
  • 209
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202320222019201820172016201520142013201220112009
Income statement
Revenue190,5 k €––––––––96,8 k €330 k €826,4 k €5,2 M €3,6 M €3,3 M €
EBITDA140,2 k €223,6 k €41,4 k €371,5 k €337,5 k €349,7 k €246,4 k €318,1 k €310,2 k €35,6 k €111,1 k €-36,2 k €535,4 k €82,8 k €167,1 k €
Operating result8,2 k €-33,5 k €-90,1 k €116,6 k €82,6 k €94,8 k €57,9 k €63,2 k €103,1 k €-3,4 k €108,8 k €-102 k €450,4 k €36,6 k €127,7 k €
Net result-6,8 k €-33,4 k €-92 k €103,2 k €66,5 k €55,5 k €11,8 k €5,1 k €33,7 k €-31,2 k €102,6 k €-125 k €325,3 k €3,1 k €63,8 k €
Balance sheet
Equity450,9 k €457,7 k €491 k €583,1 k €479,8 k €309,7 k €254,2 k €242,4 k €237,3 k €203,6 k €234,7 k €132,2 k €257,2 k €266,9 k €263,8 k €
Total assets519,5 k €530 k €692 k €823,9 k €1,1 M €1,7 M €1,9 M €2,2 M €2,5 M €2,6 M €445 k €554 k €1,4 M €2 M €1 M €
Cash154,5 k €82,4 k €44,1 k €31,4 k €21,5 k €3,2 k €4,2 k €6,5 k €1,4 k €21,9 k €215,9 k €110,2 k €220,5 k €96,5 k €12,5 k €
Debts68,6 k €72,3 k €201 k €240,9 k €663,2 k €1,3 M €1,7 M €2 M €2,2 M €2,4 M €204,6 k €415,8 k €1,1 M €1,7 M €691,4 k €
Other
Workforce––––––––––0,6 ETP2,4 ETP5,0 ETP6,9 ETP8,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 29 ended

Active mandates

ECOSTAL GROUP

Director · since 24 mars 2024 · 0757.661.456

Represented by Loic-Marie Pequignot

Active

Ended mandates

ECOSTAL GROUP

Director · since 04 décembre 2024 · 0757.661.456

Represented by Alexander DE WIT

Ended
ECOSTAL GROUP

Director · since 06 décembre 2023 · 0757.661.456

Represented by Christophe PIRON

Ended
THEMA INVEST

Director · since 01 janvier 2022 · until 27 novembre 2023 · 0849.814.327

Represented by Stéphane DAUVISTER

Ended
THEMA INVEST

Director · since 01 janvier 2022 · until 01 janvier 2028 · 0849.814.327

Represented by Stéphane DAUVISTER

Ended
At this address

Other companies at this address

CompanyCBE no.
Asotia● Active
0804.293.316
DLG CONSTRUCTION● Active
0746.713.225
DLG IMMO● Active
0664.732.783
DL PROJECT● Active
0642.505.135
ECOSTAL● Active
0806.747.119
ECOSTAL GROUP● Active
0757.661.456
SART GARE IMMO● Active
0788.445.296
SIGUESOL● Active
0898.871.680
VAL VERT IMMO● Active
0791.155.160
Annual accounts

Full financial information

202520242023202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/07/202301/07/202201/07/202101/07/2020
Closing of the financial year31/12/202531/12/202431/12/202330/06/202330/06/202230/06/2021
Length of the financial year12 months12 months6 months12 months12 months12 months
Filing date23/07/202623/07/202501/07/202420/12/202329/11/202206/12/2021
General meeting16/07/202630/06/202528/06/202421/11/202315/11/202230/11/2021
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202516/07/202623/07/2026FrenchPDF
Abridged model31/12/202430/06/202523/07/2025FrenchPDF
Abridged model31/12/202328/06/202401/07/2024FrenchPDF
Abridged model30/06/202321/11/202320/12/2023FrenchPDF
Abridged model30/06/202215/11/202229/11/2022FrenchPDF
Abridged model30/06/202130/11/202106/12/2021FrenchPDF
Full model30/06/202001/12/202009/12/2020FrenchPDF
Abridged model30/06/201919/11/201925/11/2019FrenchPDF
Abridged model30/06/201820/11/201820/12/2018FrenchPDF
Abridged model30/06/201721/11/201715/12/2017FrenchPDF
Abridged model30/06/201630/11/201623/12/2016FrenchPDF
Abridged model30/06/201517/11/201501/02/2016FrenchPDF
Abridged model30/06/201418/11/201429/12/2014FrenchPDF
Abridged model30/06/201319/11/201311/04/2014FrenchPDF
Full model30/06/201220/11/201220/12/2012FrenchPDF
Full model30/06/201130/11/201116/01/2012FrenchPDF
Full model31/12/200911/05/201021/06/2010FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active · 29 ended

Active mandates

ECOSTAL GROUP

Director · since 24 mars 2024 · 0757.661.456

Represented by Loic-Marie Pequignot

Active

Ended mandates

ECOSTAL GROUP

Director · since 04 décembre 2024 · 0757.661.456

Represented by Alexander DE WIT

Ended
ECOSTAL GROUP

Director · since 06 décembre 2023 · 0757.661.456

Represented by Christophe PIRON

Ended
THEMA INVEST

Director · since 01 janvier 2022 · until 27 novembre 2023 · 0849.814.327

Represented by Stéphane DAUVISTER

Ended
THEMA INVEST

Director · since 01 janvier 2022 · until 01 janvier 2028 · 0849.814.327

Represented by Stéphane DAUVISTER

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/09/2026
    Nomination en tant que commissaire aux comptes de BDO Réviseurs
    PDF
  • Mandates01/04/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/04/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/04/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Mandates14/03/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/01/2021
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/05/2015
    DENOMINATION - SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    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 2025-6,8 k €↑
  2. 2024
    Annual accounts 2024-33,4 k €↑
  3. 2023
    Annual accounts 2023-92 k €↓
  4. 2023
    Annual accounts 2023103,2 k €↑
  5. 2023
    Name changeSOLARECYCLE
  6. 2022
    Annual accounts 202266,5 k €↑
  7. 2019
    Annual accounts 201955,5 k €↑
  8. 2018
    Annual accounts 201811,8 k €↑
  9. 2017
    Annual accounts 20175,1 k €↓
  10. 2016
    Annual accounts 201633,7 k €↑
  11. 2015
    Annual accounts 2015-31,2 k €↓
  12. 2015
    Name changeECO SOLAR INVEST
  13. 2014
    Annual accounts 2014102,6 k €↑
  14. 2013
    Annual accounts 2013-125 k €↓
  15. 2012
    Annual accounts 2012325,3 k €↑
  16. 2011
    Annual accounts 20113,1 k €↓
  17. 2009
    Annual accounts 200963,8 k €
  18. 2009
    Name changeCE+T SOLAR
  19. 15/07/2008
    IncorporationPublic limited company