profit from every €100 of sales.

Solvac
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average.
You pay €14.50 for every €1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Solvac sold, what it kept, and what it did with the cash.
Sales went from €0 in 2022 to €0 in 2025, with €125 million of profit last year.
Solvac vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from €100 of sales | Sales growth a year | Price per €1 of profit |
|---|---|---|---|
Solvac | 14.5× · No profit yet | ||
Shin-Etsu Chemical | 19.4× · Fair price | ||
BASF | 29.6× · Fair price | ||
Saudi Basic Industries | No profit yet | ||
Dow | No profit yet |
AI analysis
An AI analyst reads Solvac's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 0 | 0 | 0 | 0 | |
| -2 | -2 | -2 | -3 | |
| -2 | -3 | -3 | -3 | |
| 125 | 130 | 108 | 129 | |
| 122 | 127 | 105 | 125 | |
| 5.71 | 5.96 | 4.90 | 5.86 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – |
Balance sheet
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 2,749 | 2,755 | 2,733 | 2,733 |
| Cash | 1 | 4 | 3 | 3 |
| Total debt | 198 | 199 | 163 | 150 |
| Total liabilities | 216 | 219 | 216 | 215 |
| 2,533 | 2,536 | 2,516 | 2,518 | |
| 21 | 21 | 21 | 21 | |
| 3.6% | 3.8% | 3.2% | 3.8% | |
| 4.8% | 5.0% | 4.2% | 5.0% |
Cash flow
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 125 | -5 | -3 | -4 | |
| – | – | – | – | |
| 125 | -5 | -3 | -4 | |
| Dividends paid | 119 | 124 | 124 | 124 |
| 0 | – | – | – | |
| – | – | – | – |
Valuation
- 14.5×
- –
- 16.70
- 0.6×
- –
- –
- –
- -0.2%
- 6.9%
- –
Profitability
- –
- –
- –
- –
- 3.6%
- 3.4%
- –
- –
- –
- –
Growth
- –
- +0.9%
- –
- –
- +0.0%
Financial health
- 1.1×
- 0.06
- –
- 40.3×
- 0.54
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Solvac
Is Solvac a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Solvac AI analysis
What does Solvac do?
Solvac S.A. operates as a specialty chemicals company in Belgium. It offers specialty polymers, composite materials, soda ash, and silica. Solvac S.A. was incorporated in 1983 and is headquartered in Brussels, Belgium. It is in Chemicals, based in Brussels, Belgium, with 2 employees.
Does Solvac pay a dividend?
Yes. In 2025 it paid out €124 million in dividends.
Is Solvac stock halal?
Yes. Solvac passes our halal screen: its business is permitted and its debt is 8% of its market value, under the 30% limit. How we check
Who are Solvac's competitors?
The largest listed companies in the same industry are Shin-Etsu Chemical, BASF, Saudi Basic Industries and Dow. The peers table on this page compares their profit, growth and price with Solvac's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



