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DU SOLEIL EXPLOITATIE

Open bankruptcy
Private limited company (pre-2019)founded 2012Patriottenstraat 15, 8301 Knokke-Heist, BelgiumKBO/BCE: BE 0844.609.286

A bankruptcy procedure is open for DU SOLEIL EXPLOITATIE according to publications in the Belgian State Gazette; curator: MARIEL VAN VYNCKT.

Summary

The 2021 annual accounts show negative equity (-€464,760) and a net result of -€55,616.

DU SOLEIL EXPLOITATIEOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Ghent, Bruges division
Declared bankrupt
30 June 2023
Supervising judge
Elisabeth Bogaert
Official Gazette
06-07-2023 (pdf) ↗search the document for 2023/127777

Deadlines

Provisional date payments stopped
30 June 2023A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 21 July 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 30 July 2023art. XX.104 and XX.155 CEL
First verification report
passed on 9 August 2023Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 30 June 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

1 signal.
+raises risk
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator. The KBO register also records: open bankruptcy.
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

History

DU SOLEIL EXPLOITATIE was incorporated on 16 March 2012.1 Total assets fell from EUR 316,475 in 2018 to EUR 257,250 in 2021 and headcount from 10.9 to 8 full-time equivalents.2 On 30 June 2023 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian State Gazette, 06-07-2023

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, abbreviated schema

Equity
-€464,760▼ 13.6%
2020 · -€409,144
Total assets
€257,250▲ 0.9%
2020 · €255,072
Net result
-€55,616▲ 25.8%
2020 · -€74,959
Working capital
-€586,263▼ 3.6%
2020 · -€565,717
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 55, Accommodation, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line2018201920202021
Operating result-€20,413--€57,792▼ 183%-€71,157▼ 23.1%-€49,589▲ 30.3%
Net result-€26,182--€57,358▼ 119%-€74,959within the sector's middle half▼ 30.7%-€55,616below the sector's middle half▲ 25.8%
Equity-€276,827--€334,185▼ 20.7%-€409,144below the sector's middle half▼ 22.4%-€464,760below the sector's middle half▼ 13.6%
Total assets€316,475-€309,673▼ 2.1%€255,072below the sector's middle half▼ 17.6%€257,250below the sector's middle half▲ 0.9%
Debt€593,302-€643,858▲ 8.5%€664,216▲ 3.2%€722,010▲ 8.7%
Working capital-€412,003--€523,360▼ 27.0%-€565,717below the sector's middle half▼ 8.1%-€586,263below the sector's middle half▼ 3.6%
Solvency-87.5%--107.9%▼ 20.4pp-160.4%below the sector's middle half▼ 52.5pp-180.7%below the sector's middle half▼ 20.3pp
Current ratio0.31-0.19▼ 0.120.15below the sector's middle half▼ 0.040.19below the sector's middle half▲ 0.04
Return on assets (ROA)-8.3%--18.5%▼ 10.2pp-29.4%below the sector's middle half▼ 10.9pp-21.6%below the sector's middle half▲ 7.8pp
Staff (FTE)10.9-11.2▲ 2.8%9.1within the sector's middle half▼ 18.8%8within the sector's middle half▼ 12.1%
above within below the middle half (P25 to P75) of NACE 55, Accommodation, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€80,000-€60,000-€40,000-€20,000€0Operating result 2018: -€20,413-€20,413Net result 2018: -€26,182-€26,182Operating result 2019: -€57,792-€57,792Net result 2019: -€57,358-€57,358Operating result 2020: -€71,157-€71,157Net result 2020: -€74,959-€74,959Operating result 2021: -€49,589-€49,589Net result 2021: -€55,616-€55,6162018201920202021-€80,000-€60,000-€40,000-€20,000€0Operating result 2019: -€57,792-€57,800Net result 2019: -€57,358-€57,400Operating result 2020: -€71,157-€71,200Net result 2020: -€74,959-€75,000Operating result 2021: -€49,589-€49,600Net result 2021: -€55,616-€55,600201920202021
The operating result stays negative: a loss of €49,589 in 2021 against €71,157 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €257,250
Fixed assets €121,503 ▼ 22.4%
Current assets €135,747 ▲ 37.8%
Equity and liabilities
Equity-€464,760
Debt€722,010
Equity is negative: debt (€722,010) exceeds the balance-sheet total (€257,250).
Key figures and ratios
2021 value · change against 2020
EBITDA
-€10,767▲
2020 · -€28,597
Cash flow
-€16,794▲
2020 · -€32,399
Quick ratio
0.18▲
2020 · 0.13
Interest coverage
-1.37
Debt ≤ 1 year
€722,010▲
2020 · €664,216
Staff costs
€206,758
No debt to equity: equity is negative, so debt divided by equity means nothing.
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 · 2021 against 2020 · 44 lines
Balance sheet Code20202021
Assets
Total assets20/58€255,072€257,250▲
Fixed assets21/28€156,573€121,503▼
Tangible fixed assets22/27€156,573€121,503▼
Plant, machinery and equipment23-€16,626
Furniture and vehicles24-€31,117
Other tangible fixed assets26-€73,759
Current assets29/58€98,499€135,747▲
Amounts receivable after more than one year29-€60,000
Other amounts receivable291-€60,000
Stocks and contracts in progress3€9,855€8,965▼
Stocks30/36-€8,965
Amounts receivable within one year40/41€22,761€45,859▲
Trade receivables40-€19,249
Other amounts receivable41-€26,610
Cash at bank and in hand54/58€4,167€16,530▲
Deferred charges and accrued income490/1-€4,393
Equity and liabilities
Total equity and liabilities10/49€255,072€257,250▲
Equity10/15-€409,144-€464,760▼
Contributions10/11-€6,200
Profit (loss) carried forward14-€415,344-€470,960▼
Amounts payable17/49€664,216€722,010▲
Amounts payable within one year42/48€664,216€722,010▲
Trade debts44€320,570€442,427▲
Suppliers440/4-€442,427
Advances received on contracts in progress46-€175
Taxes, remuneration and social security45-€279,408
Taxes450/3-€6,255
Remuneration and social security454/9-€273,153
Income statement Code20202021
Remuneration, social security and pensions62-€206,758
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42,560€38,822▼
Other operating charges640/8-€16,441
Gross operating margin9900€206,241€212,433▲
Operating profit (loss)9901-€71,157-€49,589▲
Financial income75/76B-€1,818
Recurring financial income75€1,829€1,818▼
Financial charges65/66B-€7,845
Recurring financial charges65€5,477€7,845▲
Profit (loss) for the period before taxes9903-€74,805-€55,616▲
Income taxes67/77€154-
Profit (loss) for the period9904-€74,959-€55,616▲
Profit (loss) for the period to be appropriated9905-€74,959-€55,616▲
Appropriation of the result
Profit (loss) to be appropriated9906--€470,960
Profit (loss) brought forward from the previous period14P--€415,344
Social balance
Average headcount (FTE)9087-8.0

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Remuneration, social security and pensions62---€206,758-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53,109€52,063€42,560€38,822▼ 8.8%
Other operating charges640/8---€16,441-
Gross operating margin9900€416,326€351,344€206,241€212,433▲ 3.0%
Operating profit (loss)9901-€20,413-€57,792-€71,157-€49,589▲ 30.3%
Financial income75/76B---€1,818-
Recurring financial income75€3,190€2,164€1,829€1,818▼ 0.6%
Financial charges65/66B---€7,845-
Recurring financial charges65€8,731€1,497€5,477€7,845▲ 43.2%
Profit (loss) for the period before taxes9903-€25,954-€57,124-€74,805-€55,616▲ 25.7%
Income taxes67/77€228€233€154--
Profit (loss) for the period9904-€26,182-€57,358-€74,959-€55,616▲ 25.8%
Profit (loss) for the period to be appropriated9905-€26,182-€57,358-€74,959-€55,616▲ 25.8%
Line2018201920202021Change
Assets
Total assets20/58€316,475€309,673€255,072€257,250▲ 0.9%
Fixed assets21/28€135,175€189,175€156,573€121,503▼ 22.4%
Tangible fixed assets22/27€135,175€189,175€156,573€121,503▼ 22.4%
Plant, machinery and equipment23---€16,626-
Furniture and vehicles24---€31,117-
Other tangible fixed assets26---€73,759-
Current assets29/58€181,299€120,498€98,499€135,747▲ 37.8%
Amounts receivable after more than one year29---€60,000-
Other amounts receivable291---€60,000-
Stocks and contracts in progress3€22,687€15,629€9,855€8,965▼ 9.0%
Stocks30/36---€8,965-
Amounts receivable within one year40/41€27,970€22,019€22,761€45,859▲ 101%
Trade receivables40---€19,249-
Other amounts receivable41---€26,610-
Cash at bank and in hand54/58€10,643€8,131€4,167€16,530▲ 297%
Deferred charges and accrued income490/1---€4,393-
Equity and liabilities
Total equity and liabilities10/49€316,475€309,673€255,072€257,250▲ 0.9%
Equity10/15-€276,827-€334,185-€409,144-€464,760▼ 13.6%
Contributions10/11€6,200€6,200-€6,200-
Profit (loss) carried forward14-€283,027-€340,385-€415,344-€470,960▼ 13.4%
Amounts payable17/49€593,302€643,858€664,216€722,010▲ 8.7%
Amounts payable within one year42/48€593,302€643,858€664,216€722,010▲ 8.7%
Trade debts44€259,397€331,079€320,570€442,427▲ 38.0%
Suppliers440/4---€442,427-
Advances received on contracts in progress46---€175-
Taxes, remuneration and social security45---€279,408-
Taxes450/3---€6,255-
Remuneration and social security454/9---€273,153-
Line2018201920202021Change
Profit (loss) for the period9904-€26,182-€57,358-€74,959-€55,616▲ 25.8%
+ Depreciation and write-downs630€53,109€52,063€42,560€38,822▼ 8.8%
Operating cash flow (approximation)€26,927-€5,295-€32,399-€16,794▲ 48.2%
Investment in fixed assets (approximation)--€106,062-€9,958-€3,752▲ 62.3%
Change in cash--€2,512-€3,963€12,363▲ 412%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2023
06-07
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Brugge · event 30-06-2023
2022
18-11
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 110 days late
2021
30-12
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 152 days late
28-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 181 days late
2020
31-12
Financial Weakest financial yearnet -€74,959
Net result drops to -€74,959, the lowest in the series.
2019
14-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 75 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
28-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 28 days late
2014
31-07
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Knokke-Heist · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
535 m²
Building footprint
241 m²
Volume, LiDAR
3,627 m³
Parcel 31337F0182/00_000, Flanders · tallest building 18.5 m, ±5 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
HOTEL DU SOLEIL
Patriottenstraat 15, 8301 Knokke-HeistHotels and similar accommodation
since 20132.218.446.022
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31337F0182/00_000 Flanders 535 m² 1 · 241 m² 18.5 m · 5 fl.
Linked by address, not proof of ownership
Good to know
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 MARIEL VAN VYNCKT
Ezelstraat 25, 8000 Brugge
30-06-2023 → present

Similar companies · same sector, comparable size

Of 2,392 companies in this sector we hold annual accounts for 1,519. 616 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company (pre-2019)
Founded16-03-2012
Fiscal year end31-12
Activities, NACEBEL 2025
55100Hotels and similar accommodation
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 30 September 2026 · Peppol Directory

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