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S-SOLUTIONS

Open bankruptcy
Private limited company (pre-2019)founded 2008Broekbosstraat 123, 2550 Kontich, BelgiumKBO/BCE: BE 0899.464.766
Summary

A bankruptcy procedure is open for S-SOLUTIONS according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €156k and a net result of €63k.

Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
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

Financials · fiscal year 2021, micro schema

Equity
€156k▲ 66.8%
2020 · €94k
2018: €129k 2019: €109k 2020: €94k
2018 → 2021
Total assets
€354k▲ 30.1%
2020 · €272k
2018: €185k 2019: €212k 2020: €272k
2018 → 2021
Net result
€63k
2020 · €-15k
2018: €23k 2019: €-20k 2020: €-15k
2018 → 2021
Working capital
€141k▲ 83.8%
2020 · €77k
2018: €113k 2019: €123k 2020: €77k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2018201920202021Trend
Equity€129k-€109k▼ 15.7%€94k▼ 13.7%€156k▲ 66.8%
Operating result€29k-€-21k€-5k▲ 75.8%€79k
Net result€23k-€-20k€-15k▲ 26.7%€63k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100kOperating result 2018: €29k€29kNet result 2018: €23k€23kOperating result 2019: €-21k€-21kNet result 2019: €-20k€-20kOperating result 2020: €-5k€-5kNet result 2020: €-15k€-15kOperating result 2021: €79k€79kNet result 2021: €63k€63k2018201920202021€-50k€0€50k€100kOperating result 2019: €-21k€-21kNet result 2019: €-20k€-20kOperating result 2020: €-5k€-5.1kNet result 2020: €-15k€-15kOperating result 2021: €79k€79kNet result 2021: €63k€63k201920202021
The operating result returns to profit in 2021: €79k after a loss of €5k in 2020, the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €354k
Fixed assets €15k ▼ 11.4%
Current assets €339k ▲ 32.8%
Equity and liabilities €354k
Equity €156k ▲ 66.8%
Debt €197k ▲ 10.7%
Debt's share of the balance-sheet total falls from 65.5% to 55.8%. Equity and debt are higher.
Key figures and ratios
2021 value · change against 2020
EBITDA
€82k
2020 · €-3k
Cash flow
€66k
2020 · €-13k
Current ratio
1.72
2020 · 1.43
Debt to equity
1.26
ROE
40.0%
2020 · -15.8%
ROA
17.7%
2020 · -5.4%
Interest coverage
137.77
Debt ≤ 1 year
€197k
2020 · €178k
Income taxes
€28k
2020 · €16k
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 · 44 lines
Balance sheet Code20202021
Assets
Total assets20/58€272k€354k
Fixed assets21/28€17k€15k
Tangible fixed assets22/27€13k€11k
Furniture and vehicles24-€1k
Other tangible fixed assets26-€10k
Financial fixed assets28€4k€4k=
Current assets29/58€255k€339k
Amounts receivable after more than one year29-€115k
Other amounts receivable291-€115k
Amounts receivable within one year40/41€113k€214k
Trade receivables40-€21k
Other amounts receivable41-€193k
Cash at bank and in hand54/58€1k-
Deferred charges and accrued income490/1-€9k
Equity and liabilities
Total equity and liabilities10/49€272k€354k
Equity10/15€94k€156k
Contributions10/11-€6k
Reserves13€123k€123k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133-€121k
Profit (loss) carried forward14€-35k€28k
Amounts payable17/49€178k€197k
Amounts payable within one year42/48€178k€197k
Trade debts44€47k€24k
Suppliers440/4-€24k
Taxes, remuneration and social security45-€84k
Taxes450/3-€84k
Other amounts payable47/48-€89k
Income statement Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€5k
Other operating charges640/8-€4k
Gross operating margin9900€6k€92k
Operating profit (loss)9901€-5k€79k
Financial income75/76B-€12k
Recurring financial income75€8k€12k
Financial charges65/66B-€598
Recurring financial charges65€2k€598
Profit (loss) for the period before taxes9903€968€91k
Income taxes67/77€16k€28k
Profit (loss) for the period9904€-15k€63k
Profit (loss) for the period to be appropriated9905€-15k€63k
Appropriation of the result
Profit (loss) to be appropriated9906-€28k
Profit (loss) brought forward from the previous period14P-€-35k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
26-11
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · S-SOLUTIONS BVBA BROEK- BOSSTRAAT 123, 2550 KONTICH · event 20-11-2025
2024
11-06
Bankruptcy Bankruptcy reversal
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · S-SOLUTIONS BVBA KONGOSTRAAT 6, 2550 KONTICH · event 06-06-2024
02-05
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · S-SOLUTIONS BVBA KONGO- STRAAT 6, 2550 KONTICH · event 25-04-2024
2022
03-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 95 days late
27-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 180 days late
27-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 545 days late
2021
31-12
Financial Back to profitnet €63k
Net result €63k after 2 loss-making years.
31-12
Financial Equity above €150kEq €156k ▲66.8%
Equity rises from €94k to €156k.
09-11
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · S-SOLUTIONS BV KONGO- STRAAT 6, 2550 KONTICH · event 28-10-2021
2019
31-12
Financial Weakest financial yearnet €-20k ▼190%
Net result drops to €-20k, the lowest in the series.
11-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
24-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
Show earlier events
2017
23-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
15-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
30-09
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 61 days late
2013
16-07
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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
Registered office, Kontich · 1 establishment unit since 2008
establishment approximate The establishment unit on the map
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.

Broekbosstraat 1232550 Kontich
Ground area
1.4 ha
Parcel 11602C0111/00B000, Flanders. Linked by address, not a title deed.
1 establishment unit
Juniper Lan 123
Broekbosstraat 123, 2550 KontichPrinting and reproduction of recorded media
since 20082.172.646.679
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11602C0111/00B000 Flanders 1.4 ha - -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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

2 mandates
Role Name Tenure
Curator PHILIP RAUTER
KAPUCINESSENSTRAAT 13, 2000 ANTWERPEN 1
20-11-2025present
Curator IWEIN MOORKENS
MECHELSESTEENWEG 271 8.1, 2018 ANTWERPEN 1
28-10-202106-06-2024

Similar companies · same sector, comparable size

Of 2,855 companies in sector 18130 we hold annual accounts for 832. 661 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded10-07-2008
Fiscal year end31-12
Activities, NACEBEL 2025
18130Pre-press and pre-media services
46424Wholesale trade
46471Wholesale trade
46480Wholesale trade
56301Cafés and bars
71111Activities of building architects
71113Urban planning and landscape architecture
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

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