Active BE 0453.435.408Private limited company (pre-2019)

SOL

Rue de Herbesthal 305 ·4700 Eupen, Belgium· 31 yrs active

Sector: Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden (56112)

Conclusion Checked

The KBO register records legal situation 050 for SOL (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show equity of €40k and a net result of €41k.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€40k
Net result	€41k
Better than sector	81%
Active	31 yrs

Snowflake analysis 4 of 5 axes measured · computed by Checked

41 / 100

Fragile profile, watch health in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 0

Profitability 100

Solvency 64

Growth -

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

0 / 100

Low riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Trust signals 1 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2021 · computed

0 / 100 Critical

050100

Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2021 and the legal situation the KBO register itself records. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 18-01-2023 with the NBB · fiscal year 2021 · volledig

Sector comparison

Fiscal year 2021 · NACE 56, Food & beverage service · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	57.8%	22.2%	better than 81% of 199 sector peers
Net result	€41k	€6k	better than 77% of 199 sector peers
Equity	€40k	€20k	better than 62% of 200 sector peers
Gross operating margin	€60k	€60k	better than 50% of 189 sector peers
Total assets	€69k	€171k	better than 32% of 200 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Highlight YoY changes (±10%)

Fiscal year	2021
Deposit	volledig
Revenue	-
EBITDA	-
Net profit	€41k
Cash flow	-
Staff costs	-
Income taxes	€14k
Dividends	€70k
Total assets	€69k
Equity	€40k
Debt	€29k
of which ≤ 1y	€29k
of which > 1y	-
Working capital	€-20k
Employees (FTE)	-

Ratios (computed)

	2021
Current ratio	0.30
Quick ratio	0.30
Working capital ratio	-29.6%
Solvency	57.8%
Debt / equity	0.73
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	60.1%
ROE	104.0%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2021

Assets

Fixed assets €60k · 87.4% Current assets €9k · 12.6%

Equity & liabilities

Equity €40k · 57.8% Debt €29k · 42.3%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€69k
Fixed assets	21/28	€60k
Financial fixed assets	28	€60k
Current assets	29/58	€9k
Amounts receivable within one year	40/41	€9k
Cash & bank	54/58	€2
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€69k
Equity	10/15	€40k
Contributions / capital	10/11	€19k
Reserves	13	€2k
Accumulated profits (losses)	14	€19k
Amounts payable	17/49	€29k
Amounts payable within one year	42/48	€29k
Income statement
Gross operating margin	9900	€60k
Operating result	9901	€60k
Financial charges	65	€4k
Result before taxes	9903	€55k
Income taxes	67/77	€14k
Net result for the period	9904	€41k
Result to be appropriated	9905	€41k

Ratios computed by Checked.

Legal Structure

NACE primary	Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden(56112)
Legal form	Private limited company (pre-2019)(015)
Incorporation	14-09-1994
Status	Active
Postal code	4700

Establishment units 1 location

Avenue du Pont de Warche 1 B, 4960 Malmedy

Verhuur van schepen met bemanning

since 19942.068.495.009

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
63049F0253/00P000	Wallonia	2.6 ha	1 · 170 m²	12.1 m · 3 fl.
63041A0230/00T000	Wallonia	1,485 m²	1 · 219 m²	-

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023

18-01-2023