The annual financial statements of Solvay SA are presented in summary format below. In accordance with the Belgian Companies Code, the annual financial statements of Solvay SA, the management report and the statutory auditor’s report will be filed with the National Bank of Belgium.
These documents are also available free of charge on the internet or upon request sent to:
rue de Ransbeek 310
B – 1120 Brussels
The balance sheet of Solvay SA at the end of the year 2019 presented below is based on a dividend distribution of € 3.75 per share.
At the end of 2019, Solvay SA has still one Branch, Solvay S.A. Italia (Viale Lombardia 2, 20021 Bollate, Italy).
The accounts of Solvay SA are prepared in accordance with Belgian generally accepted accounting principles.
The main activities of Solvay SA consist of holding and managing a number of investments in Group companies and of financing the Group’s activities from the bank and bond markets.Solvay SA also has a Group internal factoring activity without recourse. As a result, Solvay SA owns and manages Group’s trade receivables from customers based in Europe and in Asia. It manages the research center at Neder-Over-Heembeek (Brussels, Belgium) and a very limited number of commercial activities not undertaken through subsidiaries.