Equity
€68,200 from €2.2m in 2011
Equity fell by 97% in 14 years.
SolarPulse
Overview
Lifetime
16 annual accounts with figures on one time axispeak €1.4m (2011)
€1.2m▲ 50.4%
lowest -€329,324 (2010)
€367,014▲ 15×
peak €2.2m (2011)
€68,200unchanged
€3.6m▼ 7.3%
Board7 names since 2011
3 directors and 2 others
Owners8 names in the annual accountsall names
99.97%
Documentsfilings and deeds
07-07-202624 days before the deadline
2025financial year
Gross margin from €823,481 to €1.2mResult from €24,581 to €367,014Dividend €367,014
Key points
from the 2025 annual accountsResult
€367,014 ▲ 15×
The result rose in 2025: different schema filed.
Turnover
≈ €2.1m estimated
The accounts state no turnover.
Debts
€3.6m 98% of the balance sheet
Financial debts 70%Suppliers 1%Taxes and wages 1%Other 28%
€3.2m of the debts are secured on the company's own assets. In 2023 that was €4.3m.
Filings
16 annual accounts since 2010
The last five annual accounts were filed 24 to 41 days before the end of the period.
Position in the sector
1.9%
Lower solvency than 84% of companies in electricity, gas and steam. Sector median 28.1% · 352 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 536 companies had the same profile as SolarPulse has now. Each dot stands for 2 companies, two years later.
95.9%
were still trading
3.4%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,448 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 536 companies, not a prediction for SolarPulse. 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.
Credit verdict
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
Board and ownership
Director, since 28-06-2011
Director,
Director, since 18-10-2021
- 99.97%equity €2.7m (2025) · 30-06-2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0818389889
3 directors reappointed
, and · Permanent representative: · General meeting of 10-06-2024 · Gazette deed
Appointment: (director)
General meeting of 07-06-2022 · Gazette deed
Amendment of the articles
General meeting of 05-09-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SolarPulse Sint-Martens-Latem | €3.7m | €1.2m | 1.9% | - |
| GEO-THERMICS Merelbeke-Melle | €3.9m | €0.8m | 17.0% | 5 |
| Ed. Proj. Phi Heusden-Zolder | €4.0m | €1.2m | 28.1% | - |
| KVNRG Tournai | €3.6m | €1.2m | 21.1% | - |
| GREENTILE Kortrijk | €3.5m | €1.5m | 59.2% | 0 |
| BIOSPACE Gesves | €4.1m | €1.0m | 36.2% | - |
| SolarPulse V Turnhout | €3.5m | €1.0m | 37.6% | - |
These companies have the same main activity as SolarPulse: production of electricity from non-renewable sources (NACE 35110). They are comparable in size and age: total assets between €3.5m and €4.1m, founded between 2009 and 2010.
Official details
Source: KBO- Status
- Active since 09-09-2009Normal situation
- Activity
- Production of electricity from non-renewable sourcesNACE 35110
- Establishment unit
- 2.181.073.2099831 Sint-Martens-Latem, since 29-09-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 16-09-2025
Annual accounts 2025
- €1.2m▲ 50.4%
- €367,014▲ 15×
- €68,200=
- €3.7m▼ 7.2%
- Filing
- Filed on 07-07-2026, 24 days before the end of the filing period
Companies linked to SolarPulse
Parent and group
Insights on SolarPulse
SolarPulse has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68,200 and a net result of €367,014.
Equity has been stable since 2018 (±0% per year). Its solvency ranks better than 16% of 352 sector peers (NACE 35, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
full format, filed on 07-07-2026, 24 days before the deadline€1.2m
▲ 50.4%
€688,941
▲ 152%
€367,014
▲ 15×
€582,213
▼ 14.2%
1.9%
▲ 0.1 percentage points
1.54
▼ 0.41
The turnover shown is an estimate from the gross margin.
Turnover ≈ €2.1m. Estimated: probably between €1.4m and €3.5m.
Balance sheet
balance sheet total €3.7m on 31-12-2025What the company ownsHow it is paid for
in euro
in €m
Position in the sector
1.9%
Higher than 16% of 352 companies in 2025.
1.54
Higher than 57% of 341 companies in 2025.
10.0%
Higher than 83% of 343 companies in 2025.
SolarPulse
Middle half of the sector
80% of the sector
Full accounts in electricity, gas and steam (NACE 35)
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||
20/58 |
3.7m | 4.0m | 4.8m | 5.3m | 5.7m | 6.2m | 6.5m | 7.1m | 8.8m | 9.1m | 9.7m | 9.7m | 10.4m | 10.4m | 11.0m | 11.0m | |
21/28 |
2.0m | 2.6m | 3.1m | 3.7m | 4.2m | 4.8m | 5.3m | 5.8m | 6.4m | 6.9m | 7.5m | 8.0m | 8.6m | 9.1m | 9.7m | 10.5m | |
21 |
- | - | - | - | - | - | - | - | - | - | - | 17,550 | 29,250 | 22,050 | 24,750 | 315,659 | |
22/27 |
2.0m | 2.6m | 3.1m | 3.7m | 4.2m | 4.8m | 5.3m | 5.8m | 6.4m | 6.9m | 7.5m | 8.0m | 8.6m | 9.1m | 9.6m | 10.2m | |
23 |
2.0m | 2.6m | 3.1m | 3.7m | 4.2m | 4.8m | 5.3m | 5.8m | 6.4m | 6.9m | 7.5m | 8.0m | 8.6m | 9.1m | 9.6m | 10.2m | |
29/58 |
1.7m | 1.4m | 1.7m | 1.6m | 1.5m | 1.4m | 1.3m | 1.3m | 2.4m | 2.1m | 2.2m | 1.6m | 1.8m | 1.3m | 1.3m | 493,134 | |
40/41 |
138,776 | 138,989 | 163,342 | 46,088 | 84,085 | 77,885 | 158,432 | 110,265 | 311,920 | 336,050 | 307,566 | 116,443 | 64,660 | 126,300 | 168,567 | 160,932 | |
40 |
41,950 | 44,850 | 160,203 | 45,440 | 67,604 | 77,346 | 150,493 | 95,604 | 311,897 | 336,050 | 307,389 | 115,031 | 60,536 | 123,217 | 166,901 | 94,114 | |
41 |
96,826 | 94,139 | 3,139 | 648 | 16,480 | 538 | 7,939 | 14,661 | 23 | - | 177 | 1,413 | 4,124 | 3,083 | 1,665 | 66,818 | |
50/53 |
350,087 | 350,085 | 1.0m | 84 | 84 | 84 | 84 | 84 | 1.2m | 1.2m | - | 250,000 | 250,000 | 650,000 | 650,000 | - | |
54/58 |
1.2m | 905,832 | 505,625 | 1.5m | 1.4m | 1.3m | 1.1m | 1.2m | 891,296 | 627,676 | 1.9m | 1.3m | 1.5m | 518,825 | 486,908 | 314,938 | |
490/1 |
1,458 | - | 0 | 48,750 | - | 0 | 819 | 16,120 | 15,994 | 15,292 | - | 47 | - | 69 | 17,741 | 17,264 | |
| Balance sheet: equity and liabilities | |||||||||||||||||
10/49 |
3.7m | 4.0m | 4.8m | 5.3m | 5.7m | 6.2m | 6.5m | 7.1m | 8.8m | 9.1m | 9.7m | 9.7m | 10.4m | 10.4m | 11.0m | 11.0m | |
10/15 |
68,200 | 68,200 | 68,200 | 68,200 | 68,200 | 70,342 | 68,828 | 68,425 | 1.7m | 1.7m | 1.7m | 1.7m | 1.4m | 1.9m | 2.2m | 2.0m | |
10/11 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 2.3m | 2.3m | |
10 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | - | - | - | - | - | - | - | - | - | - | - | |
100 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 2.3m | 2.3m | |
13 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 78,535 | 63,254 | 47,384 | 30,910 | 30,910 | 11,800 | - | - | |
130/1 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | - | - | - | - | - | - | - | - | - | |
130 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 78,535 | 63,254 | 47,384 | 30,910 | 30,910 | 11,800 | - | - | |
14 |
0 | 0 | 0 | 0 | 0 | 2,142 | 628 | 225 | 292 | -13,495 | 12,311 | -671 | -237,081 | 224,205 | -60,527 | -329,324 | |
17/49 |
3.6m | 3.9m | 4.7m | 5.2m | 5.6m | 6.1m | 6.5m | 7.1m | 7.0m | 7.4m | 7.9m | 8.0m | 8.9m | 8.5m | 8.8m | 9.1m | |
17 |
2.5m | 3.2m | 3.7m | 4.3m | 4.8m | 5.3m | 5.7m | 6.2m | 6.6m | 6.9m | 7.3m | 7.6m | 7.9m | 8.2m | 8.5m | 8.8m | |
170/4 |
2.5m | 3.2m | 3.7m | 4.3m | 4.8m | 5.3m | 5.7m | 6.2m | 6.6m | 6.9m | 7.3m | 7.6m | 7.9m | 8.2m | 8.5m | 8.8m | |
42/48 |
1.1m | 716,535 | 972,767 | 935,640 | 819,589 | 817,027 | 732,762 | 903,774 | 452,104 | 412,027 | 648,231 | 335,235 | 952,092 | 284,997 | 269,013 | 298,019 | |
42 |
624,720 | 586,416 | 550,848 | 517,104 | 484,272 | 454,176 | 426,816 | 400,368 | 375,744 | 352,032 | 331,056 | 310,992 | 290,928 | 273,600 | 256,272 | 240,768 | |
43 |
- | - | - | - | - | - | - | - | - | 112 | 61 | 18 | 6 | - | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | 112 | 61 | 18 | 6 | - | - | - | |
44 |
32,720 | 68,649 | 97,581 | 38,956 | 33,524 | 3,298 | 33,604 | 45,694 | 23,775 | 37,315 | 10,766 | 15,690 | 41,967 | 4,664 | 4,594 | 57,251 | |
440/4 |
32,720 | 68,649 | 97,581 | 38,956 | 33,524 | 3,298 | 33,604 | 45,694 | 23,775 | 37,315 | 10,766 | 15,690 | 41,967 | 4,664 | 4,594 | 57,251 | |
45 |
52,194 | 36,888 | 45,803 | 60,733 | 48,902 | 44,553 | 7,363 | 748 | 52,585 | 22,568 | 6,348 | 8,535 | 19,074 | 6,733 | 8,147 | - | |
450/3 |
52,194 | 36,888 | 45,803 | 60,733 | 48,902 | 44,553 | 7,363 | 748 | 52,585 | 22,568 | 6,348 | 8,535 | 19,074 | 6,733 | 8,147 | - | |
47/48 |
367,014 | 24,581 | 278,535 | 318,847 | 252,891 | 315,000 | 264,979 | 456,964 | - | - | 300,000 | - | 600,119 | - | - | - | |
492/3 |
0 | 20,075 | 210 | 0 | 1,462 | 1,439 | - | 299 | - | - | - | 16,381 | 15,233 | 15,233 | - | - | |
| Income statement | |||||||||||||||||
9900 |
1.2m | 823,481 | 1.2m | 1.3m | 1.2m | 1.3m | 1.3m | 1.4m | 1.3m | 1.3m | 1.4m | 1.3m | 1.2m | 1.3m | 1.4m | 1.1m | |
630 |
548,637 | 548,637 | 548,637 | 548,637 | 548,637 | 547,291 | 546,907 | 546,907 | 546,907 | 546,907 | 545,655 | 545,655 | 545,655 | 545,655 | 545,655 | 898,059 | |
640/8 |
1,340 | 1,254 | 1,202 | 1,100 | 1,098 | 1,097 | 1,001 | 998 | 995 | 993 | 2,199 | 992 | 990 | 1,161 | 767 | 808 | |
66A |
- | - | - | - | - | - | - | 2,087 | - | - | - | - | - | - | - | - | |
9901 |
688,941 | 273,590 | 657,903 | 728,796 | 673,807 | 796,611 | 769,094 | 809,163 | 756,057 | 763,501 | 807,270 | 719,468 | 668,641 | 760,028 | 837,847 | 248,721 | |
75/76B |
11,657 | 24,444 | 5,414 | 0 | 0 | 0 | 0 | 294 | 128 | 885 | 708 | 1,567 | 4,164 | 14,035 | 2,502 | 2,204 | |
75 |
11,657 | 24,444 | 5,414 | 0 | 0 | 0 | 0 | 294 | 128 | 885 | 708 | 1,567 | 4,164 | 14,035 | 2,502 | 2,204 | |
65/66B |
208,897 | 265,259 | 291,957 | 303,211 | 339,475 | 373,635 | 391,405 | 424,059 | 437,324 | 459,053 | 478,487 | 484,626 | 514,824 | 538,057 | 571,552 | 580,249 | |
65 |
208,897 | 265,259 | 291,957 | 303,211 | 339,475 | 373,635 | 391,405 | 424,059 | 437,324 | 459,053 | 478,487 | 484,626 | 514,824 | 538,057 | 571,552 | 580,249 | |
9903 |
491,701 | 32,775 | 371,360 | 425,584 | 334,332 | 422,976 | 377,689 | 385,398 | 318,862 | 305,334 | 329,490 | 236,409 | 157,982 | 236,005 | 268,797 | -329,324 | |
67/77 |
124,687 | 8,194 | 92,840 | 106,738 | 83,583 | 106,462 | 112,286 | 800 | -239 | 239 | - | - | - | - | - | - | |
9904 |
367,014 | 24,581 | 278,520 | 318,847 | 250,749 | 316,514 | 265,403 | 384,598 | 319,100 | 305,095 | 329,490 | 236,409 | 157,982 | 236,005 | 268,797 | -329,324 | |
9905 |
367,014 | 24,581 | 278,520 | 318,847 | 250,749 | 316,514 | 265,403 | 384,598 | 319,100 | 305,095 | 329,490 | 236,409 | 157,982 | 236,005 | 268,797 | -329,324 | |
| Appropriation of the result | |||||||||||||||||
9906 |
367,014 | 24,581 | 278,520 | 318,847 | 252,891 | 317,142 | 265,628 | 384,890 | 305,605 | 317,406 | 328,819 | -671 | 382,187 | 175,478 | -60,527 | -329,324 | |
14P |
- | - | - | 0 | 2,142 | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | 72,335 | - | - | - | - | - | 60,527 | - | - | |
691/2 |
- | - | - | - | - | - | - | - | 15,280 | 15,870 | 16,475 | - | 19,109 | 11,800 | - | - | |
6920 |
- | - | - | - | - | - | - | - | 15,280 | 15,870 | 16,475 | - | 19,109 | 11,800 | - | - | |
694/7 |
367,014 | 24,581 | 278,520 | 318,847 | 252,891 | 315,000 | 265,000 | 457,000 | 290,033 | 315,031 | 300,033 | - | 600,158 | - | - | - | |
694 |
367,014 | 24,581 | 278,520 | 318,847 | 252,891 | 315,000 | 265,000 | 457,000 | 290,033 | 315,031 | 300,033 | - | 600,158 | - | - | - | |
| Document | |||||||||||||||||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 07-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 07-07-2026 | 2026-00295508 | |
| 31-12-2024 | abbreviated format | 30-06-2025 | 2025-00211697 | |
| 31-12-2023 | abbreviated format | 20-06-2024 | 2024-00171668 | |
| 31-12-2022 | abbreviated format | 07-07-2023 | 2023-00222414 | |
| 31-12-2021 | abbreviated format | 30-06-2022 | 2022-20127750 | |
| 31-12-2020 | abbreviated format | 13-07-2021 | 2021-36600409 | |
| 31-12-2019 | abbreviated format | 26-03-2020 | 2020-07800170 | |
| 31-12-2018 | abbreviated format | 14-05-2019 | 2019-13100089 | |
| 31-12-2017 | abbreviated format | 04-07-2018 | 2018-29300575 | |
| 31-12-2016 | abbreviated format | 12-07-2017 | 2017-32000091 | |
| 31-12-2015 | abbreviated format | 03-05-2016 | 2016-11500086 | |
| 31-12-2014 | abbreviated format | 19-08-2015 | 2015-44400489 | |
| 31-12-2013 | abbreviated format | 14-08-2014 | 2014-42500426 | |
| 31-12-2012 | abbreviated format | 22-08-2013 | 2013-45100156 | |
| 31-12-2011 | abbreviated format | 20-08-2012 | 2012-42400428 | |
| 31-12-2010 | abbreviated format | 19-08-2011 | 2011-42100173 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.2m | 822,227 | 1.2m | 1.3m | 1.2m | 1.3m | 1.3m | 1.4m | 1.3m | 1.3m | 1.4m | 1.3m | 1.2m | 1.3m | 1.4m | 1.1m | ||
| 915,651 | 573,218 | 827,157 | 867,483 | 799,386 | 863,805 | 812,310 | 931,505 | 866,007 | 852,002 | 875,146 | 782,065 | 703,637 | 781,661 | 814,452 | 568,735 | ||
| 0 | 0 | 0 | 0 | 0 | 14,593 | 0 | 0 | 0 | 12,517 | -17,550 | 17,550 | 7,200 | 22,050 | 24,750 | 11.2m | ||
| 262,709 | 400,207 | -1.0m | 135,367 | 58,608 | 247,106 | -83,683 | 290,309 | 263,620 | -1.3m | 617,146 | -184,768 | 934,156 | 31,917 | 171,970 | - | ||
| 582,213 | 678,371 | 696,285 | 698,287 | 668,216 | 605,971 | 524,495 | 404,300 | 1.9m | 1.7m | 1.5m | 1.3m | 815,548 | 1.0m | 1.1m | 195,114 | ||
| 1.9% | 1.7% | 1.4% | 1.3% | 1.2% | 1.1% | 1.1% | 1.0% | 19.7% | 18.8% | 17.7% | 17.4% | 13.9% | 18.1% | 20.2% | 17.7% | ||
| 1.54 | 1.95 | 1.72 | 1.75 | 1.82 | 1.74 | 1.72 | 1.45 | 5.24 | 5.17 | 3.38 | 4.88 | 1.86 | 4.54 | 4.92 | 1.65 | ||
| 52.87 | 57.04 | 69.11 | 76.64 | 82.54 | 86.87 | 94.14 | - | 4.07 | 4.33 | 4.65 | 4.75 | 6.17 | 4.53 | 3.95 | 4.65 | ||
| 538.1% | 36.0% | 408.4% | 467.5% | 367.7% | 450.0% | 385.6% | 562.1% | 18.5% | 18.0% | 19.3% | 14.1% | 10.9% | 12.5% | 12.1% | -16.9% | ||
| 10.0% | 0.6% | 5.8% | 6.0% | 4.4% | 5.1% | 4.1% | 5.4% | 3.6% | 3.4% | 3.4% | 2.4% | 1.5% | 2.3% | 2.4% | -3.0% | ||
| 5.92 | 3.10 | 4.13 | 4.21 | 3.60 | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €3.2m | €3.7m | €4.3m | - | - |
| Mortgages, amount registered | €927,000 | €927,000 | €927,000 | €927,000 | €927,000 |
| Carrying value of the mortgaged assets | €2.0m | €2.6m | €3.1m | €3.7m | €4.2m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Insights on SolarPulse
The operating result for 2025 is 152% higher than in 2024 and the highest since 2022. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 98.3% to 98.1%. Debt is lower.
Large changes and their cause
- 2025 Net result +1,393% on 2024. The accounts now follow the full format, last year the abbreviated format.
Board & ownership
Board
3 directors, last change in 2022Director
since 28-06-2011
term until 07-06-2030
earlier managing director, until 22-06-2018
listed in the 2025 annual accounts, filed on 07-07-2026
Director, permanent representative
current term since 23-08-2018
term until 07-06-2030
also on the board of 74 other companies
listed in the 2025 annual accounts, filed on 07-07-2026
5 other companies bankrupt, 1 judicially dissolvedDirector
since 18-10-2021
term until 07-06-2030
listed in the 2025 annual accounts, filed on 07-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Artikel 23: Externe vertegenwoordiging van de vennootschap De raad van bestuur vertegenwoordigt, als college, de vennootschap in alle…”deed of 14-10-2022
Permanent representatives 1
Mandates through the years
7 names, the dashed line is todayDirector
Director
Director
Director
Day-to-day manager
Director
Board
BoardEarlierRest of the termmandate already running before its first mentionend not dated
Mandates as a list
-
- Director, from 28-06-2011 to date
- Managing director, from before 21-03-2018 to 22-06-2018
-
- Director, appointed by deed of 22-06-2018, still in office
-
- Director, from 18-10-2021 to date
-
- Director, appointed by deed of 22-06-2018, until 10-10-2022
-
- Managing director, from 28-06-2011 to 13-08-2018
- Day-to-day manager, appointed by deed of 24-09-2018, last mentioned in 2018
-
- Director, appointed by deed of 21-03-2018, until 23-03-2018
-
- Board, until 21-03-2018
Control
Parent
Equity €2.7m
Profit €73,768 in 2025 (profit €314,933 in 2024)
Source: accounts 30-06-2025
99.97%
This company
SolarPulse
Equity €68,200
Profit €367,014 in 2025
Further up the chain 89.41%
Capital
- Capital
- €62,000
- Shares
- 3,800
- Contribution per share
- €16.32
- Equity per share
- €17.95 in 2025
- Source
- deed of 14-10-2022
Owners through the years
as the annual accounts name themOwners as a list
-
- 2019 to 2025: 99.97%
-
- 2009: 2.16%
- 2019: 0.02%
-
- 2010 to 2011: 14.71%
-
- 2010: 19.16%
-
- 2010: 8%
-
- 2009: 19.16%
-
- 2009: 12.79%
-
- 2009: 10.68%
Source: lists of holdings in the owners' accounts
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 3 directors“Normale en gerechtvaardigde uitgaven en kosten in uitoefening functie vergoed en onder algemene kosten gebracht, onverminderd…”deed of 24-07-2018 (in Dutch)
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of June at 10:00deed of 14-10-2022 (in Dutch)
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Bevoegdheden vereffenaars, algemene vergadering anders bij gewone meerderheid”deed of 14-10-2022 (in Dutch)
Capital transactions
Shareholders according to the deeds
Stated in the deed
deed of 24-07-2018 ↗
- 1 share
- 3,799 shares
Capital over time
- 14-10-2022 Capital stated in the deed · €62,000 · 3,800 shares
- 24-07-2018 Capital reduction of €1,587,482.12 · to €62,000
The directors' other companies
1 current director with another company that went bankrupt, was dissolved or struck off5 other companies of this director went bankrupt (2022, 2023, 2025, 2026) and 1 was judicially dissolved (2025).
- bankruptcy on 07-05-2026appointed in 2022, still in office
- bankruptcy on 29-12-2025appointed in 2022, still in office
- bankruptcy on 11-12-2025mandate 2020 to 2022
- judicial dissolution on 20-11-2025appointed in 2021, still in office
- bankruptcy on 26-01-2023mandate until 2022
- bankruptcy on 02-06-2022appointed in 2018, still in office
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
Network & group
Group
has 1 direct subsidiary (accounts to 30-06-2025)Parent1 holding, 1 country
accounts to 30-06-2025
Belgium 1 Equity Result
- BE SolarPulse99.97% €68,200 result €367,014
Source: list of holdings in the 30-06-2025 accounts of . Every holding stands with its own latest accounts.
Part of the group
At the same address
Dorpsstraat 40, 9831 Sint-Martens-Latem · 4 other companies| GREENI TREE
registered office since 25-03-2021 · founded in 2021 |
total assets €8.0m (2025) 0765.672.864 |
| GreenPulse
registered office since 03-04-2025 · founded in 2025 |
2.8 FTE (2025) 1021.923.704 |
| Walk the extra mile
registered office since 10-12-2008 · founded in 2008 |
total assets €3.7m (2025) 0808.321.586 |
| GREENI TOO
registered office since 20-03-2018 · founded in 2018 · group |
total assets €3.2m (2025) 0692.705.407 |
Connections & network
3 current directorsThe network lets you explore the ties of SolarPulse.
This company
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Director
Shareholding
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Timeline
Timeline
33 events since 2009Board
Capital
Filings
Financial
Establishments
Address
201020122014201620182020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBfull format · 24 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0818389889
Annual accounts 2024 filed PDFabbreviated format · 31 days before the deadline
2024
3 directors reappointed, and · Permanent representative: · General meeting of 10-06-20245 points ▸
- General meeting, 10-06-2024
- Director reappointment,
- Director reappointment,
- Permanent representative,
- Director reappointment,
Annual accounts 2023 filed PDFabbreviated format · 41 days before the deadline
2023
Annual accounts 2022 filed PDFabbreviated format · 24 days before the deadline
2022
Appointment: (director)General meeting of 07-06-20223 points ▸
- Board meeting, 18-10-2021
- Director appointment, , mentioned twice in the deed
- General meeting, 07-06-2022
Amendment of the articlesGeneral meeting of 05-09-20222 points ▸
- General meeting, 05-09-2022
- Capital, €62,000, 3,800 shares
- The deed holds 2 more points.
Resignation: (director)Board meeting of 18-10-20212 points ▸
- Board meeting, 18-10-2021
- Director resignation,
Annual accounts 2021 filed PDFabbreviated format · 31 days before the deadline
2021
Annual accounts 2020 filed PDFabbreviated format · 18 days before the deadline
2020
Annual accounts 2019 filed PDFabbreviated format · 127 days before the deadline
2019
Annual accounts 2018 filed PDFabbreviated format · 78 days before the deadline
Registered office moved from Ghent to DeurleNew registered office: Dorpsstraat 40, 9831 Deurle · Previous registered office: Oudburg 64 bus 201, 9000 Gent · Board meeting of 20-12-20182 points ▸
- Board meeting, 20-12-2018
- Registered-office move, Dorpsstraat 40, 9831 Deurle
2018
Highest result from 2010 to 2025 net €384,598 ▲20.5% The net result of €384,598 is the highest of those years.
Change of role: , from managing director to day-to-day managerPermanent representative: · General meeting of 13-08-20186 points ▸
- General meeting, 13-08-2018
- Director resignation,
- Permanent representative,
- Board meeting, 13-08-2018
- Director resignation, (managing director)
- Director appointment, (day-to-day manager)
Capital decrease of €1,587,482.12 to €62,000Capital from €1,649,482.12 to €62,000 · holds 1 share · holds 3,799 shares · General meeting of 06-07-20185 points ▸
- General meeting, 06-07-2018
- Capital decrease, €1,587,482.12
- holds 1 share
- holds 3,799 shares
- Capital, €62,000, 3,800 shares
- The deed holds 4 more points.
Annual accounts 2017 filed PDFabbreviated format · 27 days before the deadline
3 directors appointed, 1 resignationChange of role: , from managing director to director · Resignation: · Appointments: , and (managing director) · General meeting of 23-03-201810 points ▸
- General meeting, 23-03-2018, mentioned 3 times in the deed
- Director resignation,
- Director appointment,
- Director appointment,
- Director appointment,
- Permanent representative,
- Director resignation, (managing director)
- Permanent representative,
- Board meeting, 23-03-2018
- Director appointment, (managing director)
- The deed holds 2 more points.
1 director appointed, 1 resignation, 1 reappointmentReappointment: (managing director) · Resignation: · Appointment: · General meeting of 06-12-20177 points ▸
- General meeting, 02-06-2017
- Director reappointment,
- Director resignation,
- Board meeting, 02-06-2017
- Director reappointment, (managing director)
- General meeting, 06-12-2017
- Director appointment,
2017
Annual accounts 2016 filed PDFabbreviated format · 19 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 89 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 19 days late
2014
Liquidity more than doubled current ratio 4.88 The current ratio rises from 1.86 to 4.88. Short-term debt falls from €952,092 to €335,235.
Annual accounts 2013 filed PDFabbreviated format · 14 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 22 days late
2012
Annual accounts 2011 filed PDFabbreviated format · 20 days late
2011
Back to profit net €268,797 The net result is €268,797, after one loss-making year.
Liquidity more than doubled current ratio 4.92 The current ratio rises from 1.65 to 4.92. Short-term debt falls from €298,019 to €269,013.
Equity above €2m equity €2.2m ▲13.8% Equity rises from €2.0m to €2.2m.
Annual accounts 2010 filed PDFabbreviated format · 19 days late
2009
First establishment Dorpsstraat 40, Sint-Martens-Latem
Incorporation PDFpublished on 18-09-2009
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0818.389.889
- VAT number
- BE 0818.389.889
- Peppol ID
- 0208:0818389889
- Other Peppol ID
- 9925:BE0818389889
- LEI code
- 875500XADHINISL2XM45 live in the LEI register
- Legal form
- Public limited company
- Status
- Active, normal situation
- Founded
- 09-09-2009
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of June at 10:00deed of 14-10-2022 (in Dutch)
- Peppol
- Reachable since 16-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- SolarPulse in Dutch
- Entity type
- Legal entity
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 14-10-2022 (in Dutch)
Activities
NACEBEL 202535110
Production of electricity from non-renewable sources main activity
Codes under NACEBEL 2008
35110
Electricity, gas, steam and air conditioning supply main activity
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Dorpsstraat 40 registered office 9831 Sint-Martens-Latem | 29-09-2009 | 2.181.073.209 |
1 former office
- Oudburg 64 bus 201, 9000 Gent until 20-12-2018 · deed of 04-02-2019
Buildings and parcels at the address
- Ground area
- 1,189 m²
- Buildings
- 186 m²
- Volume, LiDAR
- 1,123 m³
- Tallest building
- 8.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44015A0253/00P002 | 1,189 m² | 1 · 186 m² | 8.3 m · 2 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.