Business Intelligence Solutions
Open bankruptcyA bankruptcy procedure is open for Business Intelligence Solutions according to publications in the Belgian State Gazette; curator: CHRISTOPHE CELIS. The 2023 annual accounts show equity of €66k and a net result of €9k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 20-06-2024, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
41 d early
2022
49 d early
2021
31 d late
2020
123 d early
2019
92 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€66k▲ 16.4%
2022 · €57k
2018: €56k
2019: €19k
2020: €21k
2021: €12k
2022: €57k
2018 → 2023
Total assets
€199k▲ 34.9%
2022 · €147k
2018: €447k
2019: €175k
2020: €24k
2021: €67k
2022: €147k
2018 → 2023
Net result
€9k▼ 79.0%
2022 · €44k
2018: €22k
2019: €-37k
2020: €2k
2021: €-9k
2022: €44k
2018 → 2023
Working capital
€103k▼ 1.4%
2022 · €105k
2018: €-208k
2019: €28k
2020: €20k
2021: €53k
2022: €105k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€19k-€21k▲ 9.5%€12k▼ 41.7%€57k▲ 361%€66k▲ 16.4%
Operating result€-73k-€7k€-9k€46k€21k▼ 54.6%
Net result€-37k-€2k€-9k€44k€9k▼ 79.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 55% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €199k
Fixed assets
€2k▼ 31.3%
Current assets
€197k▲ 36.4%
Equity and liabilities €199k
Equity
€66k▲ 16.4%
Debt
€133k▲ 46.5%
The debt ratio rises from 61.5% to 66.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€22k▼
2022 · €47k
Cash flow
€10k▼
2022 · €45k
Solvency
33.2%▼
2022 · 38.5%
Current ratio
2.11▼
2022 · 3.66
Quick ratio
2.11▼
2022 · 3.66
Debt / equity
2.01▲
2022 · 1.60
ROE
14.1%▼
2022 · 78.3%
ROA
4.7%▼
2022 · 30.1%
Interest coverage
4.52▼
2022 · 19.00
Debt
€133k▲
2022 · €91k
Debt ≤ 1 year
€93k▲
2022 · €39k
Debt > 1 year
€40k▼
2022 · €51k
Income taxes
€7k▲
2022 · €347
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€147k€199k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23€435€160▼
Furniture and vehicles24€3k€2k▼
Current assets29/58€144k€197k▲
Amounts receivable within one year40/41€141k€183k▲
Trade receivables40€128k€177k▲
Other amounts receivable41€13k€6k▼
Cash at bank and in hand54/58€3k€9k▲
Deferred charges and accrued income490/1-€4k
Equity and liabilities
Total equity and liabilities10/49€147k€199k▲
Equity10/15€57k€66k▲
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€35k€44k▲
Amounts payable17/49€91k€133k▲
Amounts payable after more than one year17€51k€40k▼
Financial debts170/4€51k€40k▼
Amounts payable within one year42/48€39k€93k▲
Current portion of amounts payable after more than one year42€7k€43▼
Trade debts44€17k€44k▲
Suppliers440/4€17k€44k▲
Taxes, remuneration and social security45€15k€28k▲
Taxes450/3€15k€28k▲
Other amounts payable47/48-€21k
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€995€995=
Other operating charges640/8€304€5k▲
Gross operating margin9900€48k€27k▼
Operating profit (loss)9901€46k€21k▼
Financial income75/76B€791€2▼
Recurring financial income75€791€2▼
Financial charges65/66B€2k€5k▲
Recurring financial charges65€2k€5k▲
Profit (loss) for the period before taxes9903€45k€16k▼
Income taxes67/77€347€7k▲
Profit (loss) for the period9904€44k€9k▼
Profit (loss) for the period to be appropriated9905€44k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€35k€44k▲
Profit (loss) brought forward from the previous period14P€-10k€35k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-02
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · BUSINESS INTELLIGENCE SOLUTIONS BV SPALBEEKSTRAAT 148, 3510 HASSELT · event 30-01-2025
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €44k
Net result €44k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
31-12
Financial
Liquidity times 8current ratio 9.04
Current ratio from 1.19 to 9.04; short-term debt falls from €147k to €2k.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 92 days late
2019
31-12
Financial
Weakest financial yearnet €-37k ▼269%
Net result drops to €-37k, the lowest in the series.
31-12
Financial
Liquidity times 6current ratio 1.19
Current ratio from 0.20 to 1.19; short-term debt falls from €261k to €147k.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
05-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 66 days late
17-03
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 230 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Hasselt · 1 establishment unit since 2008
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.
Spalbeekstraat 1483510 HasseltGround area
1,760 m²
Building footprint
220 m²
Volume, LiDAR
1,732 m³
Parcel 71054A0103/00A003, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Spalbeekstraat 148, 3510 Hasselt
since 20082.168.625.238
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71054A0103/00A003 | Flanders | 1,760 m² | 1 · 220 m² | 12.1 m · 3 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 | CHRISTOPHE CELIS GRASBOS 35, 3294 02 DIEST- |
30-01-2025 → present |
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Of 3,225 companies in sector 47400 we hold annual accounts for 1,806. 1,452 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-01-2008
Fiscal year end31-12
Abbreviation NL
BIS
Activities, NACEBEL
47400Retail sale of information and communication equipment
47410Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.