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BATSOLAR

Inactive
KBO/BCE: BE 0478.934.728

BATSOLAR was declared bankrupt on 28-09-2023 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 06-01-2026, published in the Belgian State Gazette on 12-01-2026.

Summary

Inactive; last annual accounts for fiscal year 2022.

Signals

Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 23-02-2023, 158 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2022
158 d early
2022
2 d early
2021
10 d early
2020
4 d early
2019
53 d late
2018
6 d late
2017
29 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 12 days before the deadline; the Belgian median for financial year 2022 is 3 days before the deadline, and 42% of all filings were 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

Total assets went from EUR 743,970 in 2019 to EUR 25,550 in 2022.1 BATSOLAR was declared bankrupt on 28 September 2023; the bankruptcy was closed on 6 January 2026.23

  1. 1National Bank, annual accounts 2019 and 2022
  2. 2Belgian State Gazette, 04-10-2023
  3. 3Belgian State Gazette, 12-01-2026

Financials · fiscal year 2022, micro schema

Turnover
€162,069▲ 384%
2022 · €33,515
EBIT margin
23.4%▲ 8.8pp
2022 · 14.7%
Net result
€37,853▲ 735%
2022 · €4,531
Working capital
-€101,272▲ 4.3%
2021 · -€105,804
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222022
Turnover€33,515€162,069-
Operating result€580--€334,281-€1,492▲ 99.6%€4,911€37,986-
Net result-€5,774--€338,416▼ 5,761%-€1,891▲ 99.4%€4,531€37,853-
EBIT margin14.7%23.4%-
Equity€234,504--€103,912-€105,804▼ 1.8%-€101,272▲ 4.3%-€63,420-
Total assets€743,970-€203,781▼ 72.6%€2,538▼ 98.8%€10,421▲ 311%€25,550-
Debt€324,009-€122,236▼ 62.3%€108,342▼ 11.4%€111,693▲ 3.1%€88,969-
Working capital-€8,367--€103,912▼ 1,142%-€105,804▼ 1.8%-€101,272▲ 4.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€400,000-€300,000-€200,000-€100,000€0Operating result 2019: €580€580Net result 2019: -€5,774-€5,774Operating result 2020: -€334,281-€334,281Net result 2020: -€338,416-€338,416Operating result 2021: -€1,492-€1,492Net result 2021: -€1,891-€1,891Operating result 2022: €4,911€4,911Net result 2022: €4,531€4,531Operating result 2022: €37,986€37,986Net result 2022: €37,853€37,85320192020202120222022-€10,000€0€10,000€20,000€30,000€40,000Operating result 2021: -€1,492-€1,490Net result 2021: -€1,891-€1,890Operating result 2022: €4,911€4,910Net result 2022: €4,531€4,530Operating result 2022: €37,986€38,000Net result 2022: €37,853€37,900202120222022
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Key figures and ratios
2022 value · change against 2022
Solvency
-248.2%▲
2022 · -971.8%
Debt to equity
-1.40▼
2022 · -1.10
ROA
148.2%▲
2022 · 43.5%
Staff costs
€32,625
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 · 2022 against 2022 · 34 lines
Balance sheet Code20222022
Assets
Total assets20/58€10,421€25,550▲
Current assets29/58€10,421€25,550▲
Amounts receivable within one year40/41€7,037-
Trade receivables40€7,037-
Current investments50/53€2,479€2,479=
Cash at bank and in hand54/58€905€23,071▲
Equity and liabilities
Total equity and liabilities10/49€10,421€25,550▲
Equity10/15-€101,272-€63,420▲
Contributions10/11€21,000€21,000=
Capital10€21,000-
Issued capital100€21,000-
Reserves13€29,100€29,100=
Non-distributable reserves130/1€2,100€2,100=
Legal reserve130€2,100-
Reserves not available under the articles1311-€2,100
Tax-exempt reserves132€27,000€27,000=
Profit (loss) carried forward14-€151,372-€113,520▲
Amounts payable17/49€111,693€88,969▼
Amounts payable within one year42/48€111,693-
Other amounts payable47/48€111,693-
Accrued charges and deferred income492/3-€88,969
Income statement Code20222022
Turnover70€33,515€162,069▲
Goods, raw materials, services and sundry goods60/61€27,982€60,638▲
Remuneration, social security and pensions62-€32,625
Other operating charges640/8€622€30,819▲
Gross operating margin9900€5,533€101,430▲
Operating profit (loss)9901€4,911€37,986▲
Financial charges65/66B€379€134▼
Recurring financial charges65€379€134▼
Profit (loss) for the period before taxes9903€4,531€37,853▲
Profit (loss) for the period9904€4,531€37,853▲
Profit (loss) for the period to be appropriated9905€4,531€37,853▲
Appropriation of the result
Profit (loss) to be appropriated9906-€151,372-€113,520▲
Profit (loss) brought forward from the previous period14P-€155,904-€151,372▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222022Change
Turnover70---€33,515€162,069-
Goods, raw materials, services and sundry goods60/61---€27,982€60,638-
Remuneration, social security and pensions62----€32,625-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,511-----
Other operating charges640/8---€622€30,819-
Gross operating margin9900€144,231-€4,315-€400€5,533€101,430-
Operating profit (loss)9901€580-€334,281-€1,492€4,911€37,986-
Recurring financial income75-€31----
Financial charges65/66B---€379€134-
Recurring financial charges65€6,354€4,166€399€379€134-
Profit (loss) for the period before taxes9903-€5,774-€338,416-€1,891€4,531€37,853-
Profit (loss) for the period9904-€5,774-€338,416-€1,891€4,531€37,853-
Profit (loss) for the period to be appropriated9905-€5,774-€338,416-€1,891€4,531€37,853-
Line20192020202120222022Change
Assets
Total assets20/58€743,970€203,781€2,538€10,421€25,550-
Fixed assets21/28€696,557€185,457----
Tangible fixed assets22/27€511,100-----
Financial fixed assets28€185,457€185,457----
Current assets29/58€47,413€18,324€2,538€10,421€25,550-
Amounts receivable within one year40/41€37,574€14,326€48€7,037--
Trade receivables40---€7,037--
Current investments50/53€3,479€3,479€2,479€2,479€2,479-
Cash at bank and in hand54/58€6,361€519€12€905€23,071-
Equity and liabilities
Total equity and liabilities10/49€743,970€203,781€2,538€10,421€25,550-
Equity10/15€234,504-€103,912-€105,804-€101,272-€63,420-
Contributions10/11€21,000€21,000€21,000€21,000€21,000-
Capital10---€21,000--
Issued capital100---€21,000--
Reserves13€29,100€29,100€29,100€29,100€29,100-
Non-distributable reserves130/1---€2,100€2,100-
Legal reserve130---€2,100--
Reserves not available under the articles1311----€2,100-
Tax-exempt reserves132---€27,000€27,000-
Profit (loss) carried forward14€184,404-€154,012-€155,904-€151,372-€113,520-
Provisions and deferred taxes16€185,457€185,457----
Amounts payable17/49€324,009€122,236€108,342€111,693€88,969-
Amounts payable after more than one year17€268,229-----
Amounts payable within one year42/48€55,780€122,236€108,342€111,693--
Trade debts44€1,522€696€37---
Other amounts payable47/48---€111,693--
Accrued charges and deferred income492/3----€88,969-
Line20192020202120222022Change
Profit (loss) for the period9904-€5,774-€338,416-€1,891€4,531€37,853-
+ Depreciation and write-downs630€23,511-----
Operating cash flow (approximation)€17,736-€338,416-€1,891€4,531€37,853-
Investment in fixed assets (approximation)-€511,100----
Change in cash--€5,841-€508€894--

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

2026
12-01
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 06-01-2026
2023
04-10
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 28-09-2023
23-02
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
29-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2019net €37,853 ▲735%
Operating result €37,986, net result €37,853, both a record.
30-06
Financial Back to profitnet €4,531
Net result €4,531 after 3 loss-making years.
21-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
27-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial Weakest financial yearnet -€338,416
Net result drops to -€338,416, the lowest in the series.
24-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 53 days late
2019
06-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 6 days late
2018
01-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
Show earlier events
2017
27-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-01
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
19-03
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 47 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts

We know of 15 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
15 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

Insolvency mandates

1 mandate
Role Name Tenure
Curator SYLVIA LAGROU
FRANKRIJKLEI 115, 2000 ANTWERPEN 1
28-09-2023 → 06-01-2026