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Bini Solution

Bankruptcy closed
Public limited companyfounded 2011Terlostraat 62C, 1755 Gooik, BelgiumKBO/BCE: BE 0838.694.959
Summary

Bini Solution was declared bankrupt on 08-07-2025 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 25-11-2025, published in the Belgian State Gazette on 02-12-2025. The 2024 annual accounts show negative equity (-€351,867) and a net result of €129,562.

Bini SolutionBankruptcy closed

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Bankruptcy closed
The Belgian State Gazette published the closure of the bankruptcy. The latest notice is dated 02-12-2025. The KBO register has not yet processed that closure. The register usually follows the Staatsblad later, so the newer publication in the Staatsblad prevails.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 30-04-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2024
on the day
2023
105 d late
2022
32 d early
2021
24 d early
2020
5 d late
2019
43 d early
2018
43 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Bini Solution was incorporated on 23 August 2011.1 Total assets fell from EUR 59,217 in 2019 to EUR 15,796 in 2023.2 On 8 July 2025 the company was declared bankrupt; the bankruptcy was closed on 25 November 2025.34

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2023
  3. 3Belgian State Gazette, 14-07-2025
  4. 4Belgian State Gazette, 02-12-2025

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
-€351,867▲ 26.9%
2023 · -€481,430
Total assets
€767▼ 95.1%
2023 · €15,796
Net result
€129,562▲ 348%
2023 · €28,941
Working capital
-€351,867▲ 17.7%
2023 · -€427,680
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 27, Manufacture of electrical equipment, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€6,833▲ 83.9%-€8,029▼ 17.5%€19,947€34,225▲ 71.6%€153,871▲ 350%
Net result-€9,790below the sector's middle half▲ 80.3%-€10,290below the sector's middle half▼ 5.1%€16,230within the sector's middle half€28,941within the sector's middle half▲ 78.3%€129,562above the sector's middle half▲ 348%
Equity-€516,311below the sector's middle half▼ 1.9%-€526,601below the sector's middle half▼ 2.0%-€510,370below the sector's middle half▲ 3.1%-€481,430below the sector's middle half▲ 5.7%-€351,867below the sector's middle half▲ 26.9%
Total assets€71,471within the sector's middle half▲ 20.7%€30,582below the sector's middle half▼ 57.2%€27,795below the sector's middle half▼ 9.1%€15,796below the sector's middle half▼ 43.2%€767below the sector's middle half▼ 95.1%
Debt€587,782▲ 3.9%€557,182▼ 5.2%€538,166▼ 3.4%€497,225▼ 7.6%€352,634▼ 29.1%
Working capital-€309,622below the sector's middle half▼ 2.7%-€472,851below the sector's middle half▼ 52.7%-€456,620below the sector's middle half▲ 3.4%-€427,680below the sector's middle half▲ 6.3%-€351,867below the sector's middle half▲ 17.7%
Solvency-722.4%below the sector's middle half▲ 133.0pp
Current ratio0.18below the sector's middle half▲ 0.030.06below the sector's middle half▼ 0.120.06below the sector's middle half=0.04below the sector's middle half▼ 0.02
Return on assets (ROA)-13.7%below the sector's middle half▲ 70.2pp-33.6%below the sector's middle half▼ 20.0pp58.4%above the sector's middle half▲ 92.0pp183.2%above the sector's middle half▲ 124.8pp
above within below the middle half (P25 to P75) of NACE 27, Manufacture of electrical equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000€150,000Operating result 2020: -€6,833-€6,833Net result 2020: -€9,790-€9,790Operating result 2021: -€8,029-€8,029Net result 2021: -€10,290-€10,290Operating result 2022: €19,947€19,947Net result 2022: €16,230€16,230Operating result 2023: €34,225€34,225Net result 2023: €28,941€28,941Operating result 2024: €153,871€153,871Net result 2024: €129,562€129,56220202021202220232024€0€50,000€100,000€150,000Operating result 2022: €19,947€19,900Net result 2022: €16,230€16,200Operating result 2023: €34,225€34,200Net result 2023: €28,941€28,900Operating result 2024: €153,871€154,000Net result 2024: €129,562€130,000202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 350% above 2023 and is the highest result in the available series.
Key figures and ratios
2024 value · change against 2023
Debt ≤ 1 year
€352,634▼
2023 · €443,475
Ratios withheld: a balance sheet total of €767 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 35 lines
Balance sheet Code20232024
Assets
Total assets20/58€15,796€767▼
Current assets29/58€15,796€767▼
Stocks and contracts in progress3€12,283-
Stocks30/36€12,283-
Amounts receivable within one year40/41€1,650€398▼
Trade receivables40€1,497-
Other amounts receivable41€153€398▲
Cash at bank and in hand54/58€1,863€368▼
Equity and liabilities
Total equity and liabilities10/49€15,796€767▼
Equity10/15-€481,430-€351,867▲
Contributions10/11€418,600€418,600=
Capital10€418,600€418,600=
Issued capital100€418,600€418,600=
Profit (loss) carried forward14-€900,030-€770,467▲
Amounts payable17/49€497,225€352,634▼
Amounts payable after more than one year17€53,750-
Financial debts170/4€53,750-
Amounts payable within one year42/48€443,475€352,634▼
Current portion of amounts payable after more than one year42€74,276€20,500▼
Financial debts43€75,000€52,000▼
Credit institutions430/8€75,000€52,000▼
Trade debts44€54€64▲
Suppliers440/4€54€64▲
Other amounts payable47/48€294,144€280,070▼
Income statement Code20232024
Non-recurring operating income76A€10,000-
Other operating charges640/8-€1,497
Gross operating margin9900€34,225€155,368▲
Operating profit (loss)9901€34,225€153,871▲
Financial charges65/66B€5,284€24,309▲
Recurring financial charges65€5,284€24,309▲
Profit (loss) for the period before taxes9903€28,941€129,562▲
Profit (loss) for the period9904€28,941€129,562▲
Profit (loss) for the period to be appropriated9905€28,941€129,562▲
Appropriation of the result
Profit (loss) to be appropriated9906-€900,030-€770,467▲
Profit (loss) brought forward from the previous period14P-€928,970-€900,030▲

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A---€10,000--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,700€1,700----
Other operating charges640/8-€1,300€3,451-€1,497-
Gross operating margin9900-€5,133-€5,029€23,398€34,225€155,368▲ 354%
Operating profit (loss)9901-€6,833-€8,029€19,947€34,225€153,871▲ 350%
Financial income75/76B-€1,086----
Recurring financial income75€1€1,086----
Financial charges65/66B-€3,348€3,716€5,284€24,309▲ 360%
Recurring financial charges65€2,958€3,348€3,716€5,284€24,309▲ 360%
Profit (loss) for the period before taxes9903-€9,790-€10,290€16,230€28,941€129,562▲ 348%
Profit (loss) for the period9904-€9,790-€10,290€16,230€28,941€129,562▲ 348%
Profit (loss) for the period to be appropriated9905-€9,790-€10,290€16,230€28,941€129,562▲ 348%
Line20202021202220232024Change
Assets
Total assets20/58€71,471€30,582€27,795€15,796€767▼ 95.1%
Fixed assets21/28€1,700-----
Intangible fixed assets21€1,700-----
Current assets29/58€69,771€30,582€27,795€15,796€767▼ 95.1%
Stocks and contracts in progress3€31,127€22,922€21,463€12,283--
Stocks30/36-€22,922€21,463€12,283--
Amounts receivable within one year40/41€16,436€4,527€6,015€1,650€398▼ 75.9%
Trade receivables40-€3,451€5,757€1,497--
Other amounts receivable41-€1,076€258€153€398▲ 160%
Cash at bank and in hand54/58€22,209€3,132€317€1,863€368▼ 80.2%
Equity and liabilities
Total equity and liabilities10/49€71,471€30,582€27,795€15,796€767▼ 95.1%
Equity10/15-€516,311-€526,601-€510,370-€481,430-€351,867▲ 26.9%
Contributions10/11€418,600€418,600€418,600€418,600€418,600=
Capital10-€418,600€418,600€418,600€418,600=
Issued capital100-€418,600€418,600€418,600€418,600=
Profit (loss) carried forward14-€934,911-€945,201-€928,970-€900,030-€770,467▲ 14.4%
Amounts payable17/49€587,782€557,182€538,166€497,225€352,634▼ 29.1%
Amounts payable after more than one year17€208,389€53,750€53,750€53,750--
Financial debts170/4-€53,750€53,750€53,750--
Amounts payable within one year42/48€379,393€503,432€484,416€443,475€352,634▼ 20.5%
Current portion of amounts payable after more than one year42-€144,276€116,276€74,276€20,500▼ 72.4%
Financial debts43-€75,000€75,000€75,000€52,000▼ 30.7%
Credit institutions430/8-€75,000€75,000€75,000€52,000▼ 30.7%
Trade debts44€16,581€15,415€5,401€54€64▲ 16.7%
Suppliers440/4-€15,415€5,401€54€64▲ 16.7%
Taxes, remuneration and social security45--€752---
Taxes450/3--€752---
Other amounts payable47/48-€268,741€286,987€294,144€280,070▼ 4.8%
Line20202021202220232024Change
Profit (loss) for the period9904-€9,790-€10,290€16,230€28,941€129,562▲ 348%
+ Depreciation and write-downs630€1,700€1,700----
Operating cash flow (approximation)-€8,090-€8,590€16,230€28,941€129,562▲ 348%
Change in cash--€19,076-€2,815€1,546-€1,494▼ 197%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
02-12
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · event 25-11-2025
14-07
Bankruptcy Opening
Ondernemingsrechtbank Brussel · event 08-07-2025
30-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Highest result since 2019net €129,562 ▲348%
Operating result €153,871, net result €129,562, both a record.
13-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 105 days late
2023
29-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial Back to profitnet €16,230
Net result €16,230 after 3 loss-making years.
06-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
05-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
18-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
18-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
03-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
18-05
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 18 days late
2016
31-03
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 7 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Gooik · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
735 m²
Building footprint
308 m²
Volume, LiDAR
1,556 m³
Parcel 23024C0616/00G000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bini Solution
Terlostraat 62 C, 1755 GooikManufacture of electrical equipment
since 20112.201.785.776
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23024C0616/00G000 Flanders 735 m² 1 · 308 m² 8.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator LIEVE TEINTENIER
Sylvain Dupuislaan 217, 1070 Brussel 7
08-07-2025 → 25-11-2025

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 117 companies in this sector we hold annual accounts for 88. See the whole sector

Company details

Identification
Legal formPublic limited company
Founded23-08-2011
Fiscal year end30-09
Activities, NACEBEL 2025
27510Manufacture of electrical equipment
46431Wholesale of electrical household appliances and audio-video equipment
47540Retail sale of electrical household appliances
82990Other business support services
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.