P²SOLUTIONS
InactiveP²SOLUTIONS was declared bankrupt on 06-04-2023 (Ondernemingsrechtbank Gent, afdeling Oudenaarde); the bankruptcy was closed for insufficient assets by judgment of 12-02-2026, published in the Belgian State Gazette on 19-02-2026.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 10-02-2023, 194 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
194 d late
2020
61 d late
2019
32 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€-645k▼ 70.5%
2020 · €-378k
2018: €114k
2019: €-144k
2020: €-378k
2018 → 2021
Total assets
€218k▼ 41.1%
2020 · €369k
2018: €473k
2019: €277k
2020: €369k
2018 → 2021
Net result
€-266k▼ 13.6%
2020 · €-234k
2018: €53k
2019: €-258k
2020: €-234k
2018 → 2021
Working capital
€-85k
2020 · €180k
2018: €349k
2019: €90k
2020: €180k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€114k-€-144k€-378k▼ 163%€-645k▼ 70.5%
Operating result€55k-€-256k€-217k▲ 15.1%€-266k▼ 22.3%
Net result€53k-€-258k€-234k▲ 9.0%€-266k▼ 13.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €266k in 2021 against €217k in 2020; the loss grows and 2021 has the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €218k
Fixed assets
€14k ▼ 20.7%
Current assets
€204k ▼ 42.1%
Key figures and ratios
EBITDA
€-262k▼
2020 · €-213k
Cash flow
€-263k▼
2020 · €-230k
Solvency
-296.4%▼
2020 · -102.4%
Current ratio
0.71▼
2020 · 2.04
Quick ratio
0.33▼
2020 · 1.13
Debt to equity
-1.34▲
2020 · -1.52
ROA
-122.5%▼
2020 · -63.5%
Interest coverage
-297.25
Debt
€862k▲
2020 · €748k
Debt ≤ 1 year
€289k▲
2020 · €172k
Debt > 1 year
€573k▼
2020 · €575k
Income taxes
€0▼
2020 · €1k
Staff costs
€143k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 47 lines
Balance sheet
Code20202021
Assets
Total assets20/58€369k€218k▼
Fixed assets21/28€17k€14k▼
Tangible fixed assets22/27€15k€11k▼
Plant, machinery and equipment23-€6k
Furniture and vehicles24-€0
Leasing and similar rights25-€5k
Financial fixed assets28€3k€3k=
Current assets29/58€352k€204k▼
Stocks and contracts in progress3€157k€107k▼
Stocks30/36-€107k
Amounts receivable within one year40/41€36k€57k▲
Trade receivables40-€32k
Other amounts receivable41-€24k
Cash at bank and in hand54/58€158k€39k▼
Deferred charges and accrued income490/1-€524
Equity and liabilities
Total equity and liabilities10/49€369k€218k▼
Equity10/15€-378k€-645k▼
Contributions10/11-€160k
Profit (loss) carried forward14€-538k€-805k▼
Amounts payable17/49€748k€862k▲
Amounts payable after more than one year17€575k€573k▼
Financial debts170/4-€573k
Amounts payable within one year42/48€172k€289k▲
Current portion of amounts payable after more than one year42-€2k
Financial debts43-€100k
Credit institutions430/8-€100k
Trade debts44€35k€56k▲
Suppliers440/4-€56k
Taxes, remuneration and social security45-€30k
Taxes450/3-€2k
Remuneration and social security454/9-€28k
Other amounts payable47/48-€101k
Income statement
Code20202021
Remuneration, social security and pensions62-€143k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Other operating charges640/8-€0
Gross operating margin9900€-51k€-120k▼
Operating profit (loss)9901€-217k€-266k▼
Financial income75/76B-€269
Recurring financial income75€448€269▼
Financial charges65/66B-€882
Recurring financial charges65€17k€882▼
Profit (loss) for the period before taxes9903€-233k€-266k▼
Income taxes67/77€1k€0▼
Profit (loss) for the period9904€-234k€-266k▼
Profit (loss) for the period to be appropriated9905€-234k€-266k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-805k
Profit (loss) brought forward from the previous period14P-€-538k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
19-02
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Oudenaarde · P2 SOLUTIONS CV MEIRE 13, 9620 ZOTTEGEM · event 12-02-2026
2023
13-04
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oudenaarde · P2 SOLUTIONS CV MEIRE 13, 9620 ZOTTEGEM · event 06-04-2023
10-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 194 days late
2021
31-12
Financial
Weakest financial yearnet €-266k
Net result drops to €-266k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
01-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 32 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Eric FLAMEE EILAND 27, 9520 SINT-LIEVENS-HOUTEM- |
06-04-2023 → 12-02-2026 |