Sol1
ActiveSummary
The computed 12-month bankruptcy probability of Sol1 is 2.7% (moderate). The 2025 annual accounts show equity of €119,951 and a net result of €91,586. Equity has been growing by about 165% per year since 2023. Its solvency ranks better than 16% of 47 sector peers (NACE 30, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 18-08-2022 Normal situation
- Registered office
- 11 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 5 November 2026.
- Activity
- Manufacture of other transport equipment NACE 30310and 6 others
- Joint committee
- 200 Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment units
- 2.341.671.258 8310 Bruges, since 01-01-2023
- 2.396.085.981 9940 Evergem, since 01-11-2026
- Financial year end
- 31 December
- Peppol
- Reachable since 06-09-2022
Board and ownership
Board
- VERHAEGHE Filip Leonard EtienneManaging director
- VERHAEGHE Stefaan Andre CelesteDirector
- Norea VerhaegheDirector
Shareholders
- Drone Volt SAdeed of 30-09-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.7%
Annual accounts 2025
- Gross margin
- €1.5m
- ▲ 6.9%
- Turnover
- ≈ €2.5m
- estimated
- Profit
- €91,586
- ▲ 711%
- Equity
- €119,951
- ▲ 323%
- Total assets
- €1.2m
- ▲ 29.2%
- Employees on 31-12-2025
- 8
- ▼ 20.0%
Score breakdownraises risk2 of the last 3 accounts lateEquity €119,951 (10.0% of total assets)Founded in 20222 establishment unitsRestart patternShow the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 61% of micro companies in other transport equipment (NACE 30)
Financial strength · tick: 2024
Average
Solvency
35+7
equity 10.0% of total assets
Liquidity
38+17
short-term debt 56.2% · cash 13.2%
Profitability
78+8
return on assets 7.7%
Bankruptcy probability within 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.2%
01-2025: 3.2%● unchanged vs 12-2024
02-2025: 3.2%● unchanged vs 01-2025
03-2025: 7.1%▲ +3.9 percentage points vs 02-2025highest value
04-2025: 7.0%▼ -0.1 percentage points vs 03-2025
05-2025: 4.1%▼ -2.9 percentage points vs 04-2025
06-2025: 4.5%▲ +0.4 percentage points vs 05-2025
07-2025: 4.6%▲ +0.1 percentage points vs 06-2025
08-2025: 5.2%▲ +0.6 percentage points vs 07-2025
09-2025: 5.4%▲ +0.2 percentage points vs 08-2025
10-2025: 1.4%▼ -4.0 percentage points vs 09-2025
11-2025: 1.4%● unchanged vs 10-2025
12-2025: 1.4%● unchanged vs 11-2025
01-2026: 1.4%● unchanged vs 12-2025
02-2026: 1.4%● unchanged vs 01-2026
03-2026: 1.4%● unchanged vs 02-2026
04-2026: 1.3%▼ -0.1 percentage points vs 03-2026lowest value
05-2026: 1.4%▲ +0.1 percentage points vs 04-2026
06-2026: 1.6%▲ +0.2 percentage points vs 05-2026
07-2026: 1.7%▲ +0.1 percentage points vs 06-2026
08-2026: 2.3%▲ +0.6 percentage points vs 07-2026
09-2026: 2.3%● unchanged vs 08-2026
10-2026: 2.3%● unchanged vs 09-2026
11-2026: 2.7%▲ +0.4 percentage points vs 10-2026
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.49 (0.28 in 2024), below 1. Short-term debt is 56.2% and cash 13.2% of total assets. 90% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 30, micro). It does better than 31% of them on solvency, 38% on liquidity, 76% on profitability and 98% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 47 sector peers (2025).
NBB · sector comparisonPosition among 47 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
22 days early
2024
36 days late
2023
272 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 95 days after the deadline. In the sector (NACE 30), the median for financial year 2024 was 16 days before the deadline, and 30% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 September (3 of the last 3 accounts filed within 237 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Restart pattern
1 indication
A company was founded shortly before or after the bankruptcy of another, with a director in both or at the same registered office.
- FoundedThis companystart date 18-08-2022
This company was founded 3 months before the bankruptcy of SOL.ONE. The annual accounts of both list Stefaan Verhaeghe as director, and both had the same registered office.
- Stefaan Verhaeghe listed as director in the annual accounts of both
- Same registered office (8310 Brugge)
- Same main activity: activity NACE 62010
- Similar name
This is a pattern, not a judgment. A new start after a bankruptcy is often entirely legitimate. The facts come from the KBO register, the Belgian Official Gazette, the director data and the annual accounts at the NBB. The same name in two sets of accounts is not necessarily the same person. What the facts mean is for you to look into.
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 09-07-2026 at the NBB all 3 filings
Turnover
≈ €2.5m
Estimated: probably between €1.7m and €4.1m
Total assets
€1.2m▲ 29.2%
2024 · €924,997
Net result
€91,586▲ 711%
2024 · €11,299
Working capital
-€344,950▲ 29.6%
2024 · -€490,100
Multi-year overview
2023 to 2025, 3 financial yearsOperating result
€93,282
▲ 261%
2025
20232025
Net result
€91,586
▲ 711%
2025
highest quarter of the sector
20232025
Equity
€119,951
▲ 323%
2025
middle half of the sector
20232025
Total assets
€1.2m
▲ 29.2%
2025
middle half of the sector
20232025
Debt
€1.1m
▲ 19.9%
2025
20232025
Working capital
-€344,950
▲ 29.6%
2025
lowest quarter of the sector
20232025
Solvency
10.0%
▲ 7.0pp
2025
lowest quarter of the sector
20232025
Current ratio
0.49
▲ 0.21
2025
lowest quarter of the sector
20232025
Return on assets (ROA)
7.7%
▲ 6.4pp
2025
middle half of the sector
20232025
Staff (FTE)
9.2
▼ 8.0%
2025
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202320242025
Operating result€0.03m-€0.03m▼ 6.5%€0.09m▲ 261%
Net result€0.02mwithin the sector's middle half-€0.01mwithin the sector's middle half▼ 33.4%€0.09mabove the sector's middle half▲ 711%
Equity€0.02mwithin the sector's middle half-€0.03mwithin the sector's middle half▲ 66.2%€0.1mwithin the sector's middle half▲ 323%
Total assets€0.7mabove the sector's middle half-€0.9mabove the sector's middle half▲ 30.1%€1.2mwithin the sector's middle half▲ 29.2%
Debt€0.7m-€0.9m▲ 29.3%€1.1m▲ 19.9%
Working capital-€0.2mbelow the sector's middle half--€0.5mbelow the sector's middle half▼ 125%-€0.3mbelow the sector's middle half▲ 29.6%
Solvency2.4%within the sector's middle half-3.1%within the sector's middle half▲ 0.7pp10.0%below the sector's middle half▲ 7.0pp
Current ratio0.57below the sector's middle half-0.28below the sector's middle half▼ 0.300.49below the sector's middle half▲ 0.21
Return on assets (ROA)2.4%within the sector's middle half-1.2%within the sector's middle half▼ 1.2pp7.7%within the sector's middle half▲ 6.4pp
Staff (FTE)8.9-10▲ 12.4%9.2▼ 8.0%
above
within
below
The sector band is the middle half of the companies in Manufacture of other transport equipment (NACE 30). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 3.6 times that of 2024 and the highest since 2023. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€868,979 ▲ 18.1%
Current assets
€326,433 ▲ 72.4%
Equity and liabilities €1.2m
Equity
€119,951 ▲ 323%
Debt
€1.1m ▲ 19.9%
Debt's share of the balance-sheet total falls from 96.9% to 90.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€420,787▲
2024 · €264,748
Cash flow
€419,090▲
2024 · €250,220
Debt to equity
8.97▼
2024 · 31.61
ROE
76.4%▲
2024 · 39.8%
Interest coverage
over 100▲
2024 · 18.15
Debt ≤ 1 year
€671,383▼
2024 · €679,492
Debt > 1 year
€394,000▲
2024 · €59,292
Income taxes
€253
Staff costs
€1.0m▼
2024 · €1.1m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|
| Employees at the balance-sheet date | 9 | 10 | 8 |
| full-time | 9 | 10 | 8 |
| in full-time equivalents | 9 | 10 | 8 |
| Average over the year, in full-time equivalents | 8.9 | 10 | 9.2 |
| On a permanent contract | 9 | 10 | 8 |
| Joined | 17 | 12 | 16 |
| Left | 8 | 11 | 18 |
Source: social balance sheet in the 2023 to 2025 annual accounts
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €30,014 | €20,235 | €3,426 |
| Intangible fixed assets | €504,132 | €537,991 | €457,452 |
| Depreciation and write-downs of the year | €117,845 | €238,921 | €327,504 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Federal government
2025 · 1 entry · €358,000 in total| Year | Department | Transactions | Amount |
|---|---|---|---|
| 2025 | Defence | 1 | €358,000 |
Budget allocations
European Union, budget
2023 · 1 entry · €999,988 in totalProjects
IMEDCAP - DEVELOPMENT OF INTELLIGENT MILITARY CAPABILITIES FOR MONITORING, MEDICAL CARE AND EVACUATION FOR CONTAGIOUS, INJURED AND CONTAMINATED PERSONNEL
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €1.0m | €1.1m | €1.0m | ▼ 5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | €0.2m | €0.3m | ▲ 37.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €0.01m | - | - | - |
| Other operating charges640/8 | €0.001m | €0.001m | €400 | ▼ 22.1% |
| Gross operating margin9900 | €1.1m | €1.4m | €1.5m | ▲ 6.9% |
| Operating profit (loss)9901 | €0.03m | €0.03m | €0.09m | ▲ 261% |
| Financial income75/76B | - | €59 | €50 | ▼ 15.6% |
| Recurring financial income75 | - | €59 | €50 | ▼ 15.6% |
| Financial charges65/66B | €0.003m | €0.01m | €0.001m | ▼ 89.8% |
| Recurring financial charges65 | €0.003m | €0.01m | €0.001m | ▼ 89.8% |
| Profit (loss) for the period before taxes9903 | €0.02m | €0.01m | €0.09m | ▲ 713% |
| Income taxes67/77 | €0.007m | - | €253 | - |
| Profit (loss) for the period9904 | €0.02m | €0.01m | €0.09m | ▲ 711% |
| Profit (loss) for the period to be appropriated9905 | €0.02m | €0.01m | €0.09m | ▲ 711% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €0.7m | €0.9m | €1.2m | ▲ 29.2% |
| Fixed assets21/28 | €0.4m | €0.7m | €0.9m | ▲ 18.1% |
| Intangible fixed assets21 | €0.4m | €0.7m | €0.9m | ▲ 19.0% |
| Tangible fixed assets22/27 | €0.02m | €0.02m | €0.02m | ▼ 12.6% |
| Plant, machinery and equipment23 | - | €0.02m | €0.02m | ▼ 8.4% |
| Furniture and vehicles24 | €0.02m | €0.001m | - | - |
| Current assets29/58 | €0.3m | €0.2m | €0.3m | ▲ 72.4% |
| Amounts receivable within one year40/41 | €0.3m | €0.1m | €0.2m | ▲ 48.6% |
| Trade receivables40 | €0.2m | €0.08m | €0.2m | ▲ 109% |
| Other amounts receivable41 | €0.03m | €0.03m | €0.002m | ▼ 95.1% |
| Cash at bank and in hand54/58 | €0.03m | €0.08m | €0.2m | ▲ 108% |
| Deferred charges and accrued income490/1 | €0.006m | - | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €0.7m | €0.9m | €1.2m | ▲ 29.2% |
| Equity10/15 | €0.02m | €0.03m | €0.1m | ▲ 323% |
| Contributions10/11 | €100 | €100 | €100 | = |
| Profit (loss) carried forward14 | €0.02m | €0.03m | €0.1m | ▲ 324% |
| Amounts payable17/49 | €0.7m | €0.9m | €1.1m | ▲ 19.9% |
| Amounts payable after more than one year17 | €0.06m | €0.06m | €0.4m | ▲ 565% |
| Financial debts170/4 | €0.06m | €0.06m | €0.4m | ▲ 565% |
| Amounts payable within one year42/48 | €0.5m | €0.7m | €0.7m | ▼ 1.2% |
| Current portion of amounts payable after more than one year42 | €0.007m | - | - | - |
| Financial debts43 | - | - | €0.1m | - |
| Other loans439 | - | - | €0.1m | - |
| Trade debts44 | €0.3m | €0.5m | €0.4m | ▼ 18.6% |
| Suppliers440/4 | €0.3m | €0.5m | €0.4m | ▼ 18.6% |
| Taxes, remuneration and social security45 | €0.2m | €0.2m | €0.2m | ▼ 17.8% |
| Taxes450/3 | €0.007m | €0.007m | - | - |
| Remuneration and social security454/9 | €0.2m | €0.2m | €0.2m | ▼ 14.6% |
| Other amounts payable47/48 | €385 | €0.002m | €0.02m | ▲ 797% |
| Accrued charges and deferred income492/3 | €0.1m | €0.2m | €0.01m | ▼ 93.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,967 | €11,299 | €91,586 | ▲ 711% |
| + Depreciation and write-downs630 | €117,845 | €238,921 | €327,504 | ▲ 37.1% |
| Operating cash flow (approximation) | €134,812 | €250,220 | €419,090 | ▲ 67.5% |
| Investment in fixed assets (approximation) | - | -€558,226 | -€460,878 | ▲ 17.4% |
| Change in cash | - | €43,904 | €81,853 | ▲ 86.4% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 7,976 companies had the same profile as Sol1 has now. Two years later, 94.4% were still going and 3.6% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
94.4%
was still going
1.8%
stopped otherwise
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Sol1 itself: 2.7% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,976 companies, not a prediction for Sol1. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Directors
3 directors, 1 in day-to-day management, no change since 2026
Board 3
VERHAEGHE Filip Leonard Etienne
Current
Director (not named in the articles) · appointed by deed of 22-08-2022 · term without a fixed end · listed in the 2025 annual accounts, filed on 09-07-2026
VERHAEGHE Stefaan Andre Celeste
Current
Director (not named in the articles) · appointed by deed of 22-08-2022 · term without a fixed end · listed in the 2025 annual accounts, filed on 09-07-2026
Norea Verhaeghe
Current
Director · appointed by deed of 30-09-2026 · term without a fixed end
Day-to-day management 1
VERHAEGHE Filip Leonard Etienne
Current
Managing director · appointed by deed of 22-08-2022 · term without a fixed end
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“6) Artikel 10 wordt vervangen door volgende tekst: “De vennootschap wordt rechtsgeldig vertegenwoordigd door: - hetzij door iedere…”
deed of 11-08-2026Owners and capital
Shareholders
After the capital increase
deed of 30-09-2026 ↗
- Drone Volt SA €2,500,000 · schuldvordering
At incorporation
deed of 22-08-2022 ↗
- VERHAEGHE Filip Leonard Etienne 2,461,133 shares (79%) · €79.04 in cash
- VERHAEGHE Stefaan Andre Celeste 652,674 shares (21%) · €20.96 in cash
Capital transactions
Capital over time
- 30-09-2026 Capital increase · 10,379 new shares at €2,500,000 per share · in kind
- 11-08-2026 Capital increase of €1,000,061.93 · 4,152 new shares at €240.86 per share
- 22-08-2022 Incorporation · €100 · 3,113,807 shares
Mandate history
3 people, 3 in office
- Board
- Day-to-day management
| Name | Functions and periods |
|---|---|
| VERHAEGHE Filip Leonard Etienne |
|
| VERHAEGHE Stefaan Andre Celeste |
|
| Norea Verhaeghe |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “7B, Raad van Bestuur”
Articles of association, deed of 11-08-2026 (in Dutch)
Network & group
Sol1 shares no director with another company.
Companies at the same address
10 other companies- STRAF ADVOCATEN Registered office · since 25-08-2026Founded in 2026 1041.629.649
- GUMPTION Establishment · since 01-06-2025Founded in 2012 · 16 FTE (2025) 0847.610.843
- TheValueChain Establishment · since 01-06-2025Founded in 2011 · 81 FTE (2025) · group GUMPTION 0838.023.085
- Stichting Koningin Paola Establishment · since 31-03-2025Founded in 1978 · 5.9 FTE (2025) 0418.089.301
- UNISOL Registered office · since 06-02-2023Founded in 2023 · 5.6 FTE (2026) 0798.151.137
- Advocatenkantoor Virginie Cottyn Registered office · since 17-10-2022Founded in 2022 · total assets €205,347 (2025) 0792.532.659
- Philanthropic Corporate Partnerships Registered office · since 26-08-2022Founded in 2022 0790.114.884
- JEAN-LUC COTTYN Registered office · since 01-01-2017Founded in 2016 · total assets €130,108 (2025) 0668.609.518
- SOL.ONE Registered office · since 13-11-2014Founded in 2014 · 16 FTE (2021) 0567.794.943
- STUDIO EMMA Registered office · since 07-07-2003Founded in 2003 · 24 FTE (2025) · group GUMPTION 0480.535.129
Connections & network
3 current directorsThe network starts from the directors of Sol1. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Deeds, filings and financial milestones
Deadline for the 2026 accounts:
2026
30-09
Gazette deed
Appointment: Norea Verhaeghe (director)10,379 new shares · Contribution: Drone Volt SA (€2,500,000)5 points ▸
Gazette deed
Appointment: Norea Verhaeghe (director)
10,379 new shares · Contribution: Drone Volt SA (€2,500,000)5 points ▸
- General meeting, 23-09-2026
- Auditor report, 23-09-2026
- Capital contribution, €2,500,000
- 3,128,338 shares
- Director appointment, Norea Verhaeghe
- The deed holds 1 more point.
11-08
Gazette deed
Capital increase of €1,000,061.934,152 new shares · “Het ontwikkelen van voertuigen, waaronder alle vormen van drones, alsook gerelateerde producten zoals al dan…” (deed in Dutch)2 points ▸
Gazette deed
Capital increase of €1,000,061.93
4,152 new shares · “Het ontwikkelen van voertuigen, waaronder alle vormen van drones, alsook gerelateerde producten zoals al dan…” (deed in Dutch)2 points ▸
- Capital increase, €1,000,061.93
- 3,117,959 shares
- The deed holds 2 more points.
09-07
abbreviated format · 22 days before the deadline
2025
31-12
Financial
Highest result from 2023 to 2025net €91,586 ▲711%
The operating result of €93,282 and the net result of €91,586 are both a record.
31-12
Financial
Equity above €100,000equity €119,951 ▲323%
With a profit in every financial year since 2023, equity grows to €119,951.
05-09
micro format · 36 days late
29-04
micro format · 272 days late
2024
31-12
Financial
Weakest financial yearnet €11,299 ▼33.4%
The net result drops to €11,299, the lowest from 2023 to 2025. It recovers the following year.
2022
22-08
Gazette deed
IncorporationFounding capital of €100, 3,113,807 shares · Founders: VERHAEGHE Filip Leonard Etienne and VERHAEGHE Stefaan Andre Celeste · Appointments: VERHAEGHE Filip Leonard Etienne (director) and VERHAEGHE Stefaan Andre Celeste (director)7 points ▸
Gazette deed
Incorporation
Founding capital of €100, 3,113,807 shares · Founders: VERHAEGHE Filip Leonard Etienne and VERHAEGHE Stefaan Andre Celeste · Appointments: VERHAEGHE Filip Leonard Etienne (director) and VERHAEGHE Stefaan Andre Celeste (director)7 points ▸
- Incorporation, 18-08-2022
- Founder, VERHAEGHE Filip Leonard Etienne
- Founder, VERHAEGHE Stefaan Andre Celeste
- Founding capital, €100, 3,113,807 shares
- Director appointment, VERHAEGHE Filip Leonard Etienne (director (not named in the articles))
- Director appointment, VERHAEGHE Stefaan Andre Celeste (director (not named in the articles))
- Director appointment, VERHAEGHE Filip Leonard Etienne (managing director)
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
On 18 August 2022, Sol1 was incorporated as a private limited company by two natural persons, with a starting capital of €100.12 The capital was increased 2 times in 2026.34 Today the board has 3 members.4 Total assets went from €710,740 in 2023 to €1.2m in 2025 and headcount from 8.9 to 9.2 full-time equivalents.5
Company details
Register details
Identity
KBO recordName
Sol1 in Dutch
Enterprise number
0789.765.783
LEI code
894500D4E4B6HMUJYH10
live in the LEI register
Legal form
Private limited company
Status
Active, normal situation
Founded
18-08-2022
Entity type
Legal entity
Name clauseThe company operates under this name according to its articles.
Sol1
deed of 22-08-2022 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Baron Ruzettelaan 3, 8310 Brugge”
deed of 22-08-2022 (in Dutch)Registered office and establishments
Registered office
Baron Ruzettelaan 3, 8310 Bruges, Belgium
Establishment units
Sol1, Baron Ruzettelaan 3, 8310 Bruges since 01-01-2023 · unit number 2.341.671.258
Ferdinand Magellaanstraat 6, 9940 Evergem since 01-11-2026 · unit number 2.396.085.981
Activities
NACEBEL 2025VAT activities
30310
Manufacture of other transport equipment main activity
26300
Manufacture of computer, electronic and optical products
26510
Manufacture of computer, electronic and optical products
30320
Manufacture of other transport equipment
62900
Other information technology and computer services
72109
Other research and development on natural sciences
Social security (RSZ) activities
62100
Computer programming main activity
Codes under NACEBEL 2008
VAT activities
62090
Computer programming, consultancy and related activities
Social security (RSZ) activities
62010
Computer programming, consultancy and related activities main activity
Joint committee
200 Auxiliary committee for white-collar workers annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 11-08-2026 (in Dutch)
“Het ontwikkelen van voertuigen, waaronder alle vormen van drones, alsook gerelateerde producten zoals al dan niet geautomatiseerde opslag…”
9 activities
- Het ontwikkelen van voertuigen, waaronder alle vormen van drones, alsook gerelateerde producten zoals al dan niet geautomatiseerde opslag van voertuigen, transportcontainers voor voertuigen, en alle andere voertuiggerelateerde producten en dienstverlening. Onder voertuigen wordt begrepen alle vervoermiddelen, ongeacht vervoer in/over/onder land, water, lucht, ruimte of elders;
- Het ontwikkelen van onderdelen van voertuigen;
- Het ontwikkelen van grondstations, alsook gerelateerde producten zoals containers, controlekamers, en alle andere grondstationgerelateerde producten en dienstverlening;
- Het ontwikkelen van hardware, elektronica, software, diensten en/of advies in domeinen waar de veiligheid van de hardware, elektronica en/of software van kritisch belang is, zoals in alle soorten voertuigen, inclusief lucht- en ruimtevaart, en dit zowel voor bemande (partieel geautomatiseerde) als voor onbemande (volledig geautomatiseerde) toepassingen; Bij wijze van voorbeeld, maar niet beperkt tot, kan het gaan over controlesystemen, observatiesystemen, sturingssystemen, energievoorzieningssystemen;
- Het ontwikkelen van hardware, elektronica, software, en/of diensten (al dan niet online) die samenwerken met of afgeleid zijn van bovenstaande producten en diensten, zoals bijvoorbeeld beeldverwerking voor observatie, of advies hieromtrent;
- Hardware, elektronica, software, diensten en/of advies rond de installatie en/of onderhoud en/of uitbating van bovenvermelde producten;
- Ontvangen, verwerken, opslaan, en bijhouden van gegevens, inclusief video, van bovenstaande producten;
- Exploitatie van bovenstaande producten, teneinde de functie van onze producten als een dienstverlening aan te bieden;
- Opleidingen en/of marketing rond bovenstaande producten en diensten, en ontwikkeling van hardware, elektronica, software en/of diensten voor opleiding en/of marketing (bijvoorbeeld simulatoren).
Invoicing and payment
VAT number
BE 0789.765.783
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 18:00
deed of 11-08-2026 (in Dutch)Sites & property
Location
Buildings and parcels at the addresses
Ground area
6.4 ha
Building footprint
2,547 m²
Building volume
35,399 m³
Tallest building: 18.2 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 43006G0380/00G000 | Flanders | 5.7 ha | - | - |
| 31434C0037/00L007 | Flanders | 6,856 m² | 1 · 2,547 m² | 18.2 m · 5 |