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Bini Solution

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

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 (€-352k) and a net result of €130k.

Signals

Five signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 288 sector peers (2024).
NBB · sector comparison
Position among 288 sector peers
Solvency
better than 5%
← weakest strongest →
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date. The Staatsblad has since published the closure of that bankruptcy (latest notice 02-12-2025); the register's strike-off usually follows later.
KBO · legal situation
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 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
2025
not filed
2024
on the day
2023
105 d late
2022
32 d early
2021
24 d early
2020
5 d late
2019
43 d early
← before the deadline after the deadline →
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 2024, micro schema

Equity
€-352k▲ 26.9%
2023 · €-481k
2018: €-457k 2019: €-507k 2020: €-516k 2021: €-527k 2022: €-510k 2023: €-481k
2018 → 2024
Total assets
€767▼ 95.1%
2023 · €16k
2018: €28k 2019: €59k 2020: €71k 2021: €31k 2022: €28k 2023: €16k
2018 → 2024
Net result
€130k▲ 348%
2023 · €29k
2018: €40k 2019: €-50k 2020: €-10k 2021: €-10k 2022: €16k 2023: €29k
2018 → 2024
Working capital
€-352k▲ 17.7%
2023 · €-428k
2018: €-208k 2019: €-302k 2020: €-310k 2021: €-473k 2022: €-457k 2023: €-428k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€-516k-€-527k▼ 2.0%€-510k▲ 3.1%€-481k▲ 5.7%€-352k▲ 26.9%
Operating result€-7k-€-8k▼ 17.5%€20k€34k▲ 71.6%€154k▲ 350%
Net result€-10k-€-10k▼ 5.1%€16k€29k▲ 78.3%€130k▲ 348%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100k€150kOperating result 2020: €-7k€-7kNet result 2020: €-10k€-10kOperating result 2021: €-8k€-8kNet result 2021: €-10k€-10kOperating result 2022: €20k€20kNet result 2022: €16k€16kOperating result 2023: €34k€34kNet result 2023: €29k€29kOperating result 2024: €154k€154kNet result 2024: €130k€130k20202021202220232024
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
€353k
2023 · €497k
Debt ≤ 1 year
€353k
2023 · €443k
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 / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€16k€767
Current assets29/58€16k€767
Stocks and contracts in progress3€12k-
Stocks30/36€12k-
Amounts receivable within one year40/41€2k€398
Trade receivables40€1k-
Other amounts receivable41€153€398
Cash at bank and in hand54/58€2k€368
Equity and liabilities
Total equity and liabilities10/49€16k€767
Equity10/15€-481k€-352k
Contributions10/11€419k€419k=
Capital10€419k€419k=
Issued capital100€419k€419k=
Profit (loss) carried forward14€-900k€-770k
Amounts payable17/49€497k€353k
Amounts payable after more than one year17€54k-
Financial debts170/4€54k-
Amounts payable within one year42/48€443k€353k
Current portion of amounts payable after more than one year42€74k€21k
Financial debts43€75k€52k
Credit institutions430/8€75k€52k
Trade debts44€54€64
Suppliers440/4€54€64
Other amounts payable47/48€294k€280k
Income statement Code20232024
Non-recurring operating income76A€10k-
Other operating charges640/8-€1k
Gross operating margin9900€34k€155k
Operating profit (loss)9901€34k€154k
Financial charges65/66B€5k€24k
Recurring financial charges65€5k€24k
Profit (loss) for the period before taxes9903€29k€130k
Profit (loss) for the period9904€29k€130k
Profit (loss) for the period to be appropriated9905€29k€130k
Appropriation of the result
Profit (loss) to be appropriated9906€-900k€-770k
Profit (loss) brought forward from the previous period14P€-929k€-900k

The notes to these accounts (2 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
02-12
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · BINI SOLU- TION NV TERLOSTRAAT 62C, 1755 PAJOTTEGEM · event 25-11-2025
14-07
Bankruptcy Opening
Ondernemingsrechtbank Brussel · BINI SOLUTION NV TERLO- STRAAT 62C, 1755 PAJOTTEGEM · event 08-07-2025
30-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Highest result since 2018net €130k ▲348%
Operating result €154k, net result €130k, 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 €16k
Net result €16k 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
30-09
Financial Weakest financial yearnet €-50k ▼224%
Net result drops to €-50k, the lowest in the series.
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.

Directors · office · real estate

Directors
7 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, Gooik · 1 establishment unit since 2011
establishment 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.

Terlostraat 62C1755 Gooik
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
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

1 mandate
Role Name Tenure
Curator LIEVE TEINTENIER
SYLVAIN DUPUISLAAN 217, 1070 BRUSSEL 7
08-07-2025 → present

Similar companies · same sector, comparable size

Of 116 companies in sector 27510 we hold annual accounts for 87. 42 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded23-08-2011
Fiscal year end30-09
Activities, NACEBEL
27510Manufacture of electrical equipment
46431Wholesale of electrical household appliances and audio-video equipment
47540Retail sale of electrical household appliances
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.