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BE 0768.592.465Private limited companyOpen bankruptcy
Endurance Solar Solutions
Paniswijerstraat 92 ·3600 Genk, Belgium· 5 yrs active
Sector: Vervaardiging van platen, vellen, buizen en profielen van kunststof
(22210)
Conclusion
A bankruptcy procedure is open for Endurance Solar Solutions according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €346k and a net result of €146k.
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €346k |
| Net result | €146k |
| Staff (FTE) | 6.6 |
| Better than sector | 25% |
Financial profile
38
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
100
Solvency
11
Growth
78
Stability
0
Bankruptcy probability (12 mo)
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
50 / 100
High riskRegister: open bankruptcyThis 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.
Components
· Open bankruptcy (+50)
Trust 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.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
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
0
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 12-12-2023 with the NBB · fiscal year 2022 · verkort
Sector comparison
Fiscal year 2022 · NACE 22 · compared across all schema types (micro, abbreviated and full combined)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 6.2% | 21.4% | |
| Net result | €146k | €12k | |
| Equity | €346k | €75k | |
| Gross operating margin | €991k | €87k | |
| Staff costs | €495k | €312k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€496k
+88.6%
21-22
€146k
+46.2%
21-22
€410k
+56.1%
21-22
€5.57M
+83.9%
21-22
€346k
+73.1%
21-22
€-1.07M
+27.6%
21-22
7
+187.0%
21-22
€495k
+194.3%
21-22
Show 10 other metrics
€85k
-
21-22
€5.22M
+84.6%
21-22
€5.22M
+84.6%
21-22
0.79
+67.2%
21-22
0.79
+67.2%
21-22
6.2%
-5.8%
21-22
15.08
+6.6%
21-22
42.2%
-15.6%
21-22
2.6%
-20.5%
21-22
1073.79
-40.2%
21-22
Figures by fiscal year
| Fiscal year | 2022 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €496k |
| Net profit | €146k |
| Cash flow | €410k |
| Staff costs | €495k |
| Income taxes | €85k |
| Dividends | - |
| Total assets | €5.57M |
| Equity | €346k |
| Debt | €5.22M |
| of which ≤ 1y | €5.22M |
| of which > 1y | - |
| Working capital | €-1.07M |
| Employees (FTE) | 6.6 |
Ratios (computed)
| 2022 | |
|---|---|
| Current ratio | 0.79 |
| Quick ratio | 0.79 |
| Working capital ratio | -19.3% |
| Solvency | 6.2% |
| Debt / equity | 15.08 |
| Long-term debt ratio | - |
| Interest coverage | 1073.79 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.6% |
| ROE | 42.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2022
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €5.57M |
| Fixed assets | 21/28 | €1.42M |
| Tangible fixed assets | 22/27 | €1.42M |
| Current assets | 29/58 | €4.14M |
| Amounts receivable within one year | 40/41 | €4.11M |
| Cash & bank | 54/58 | €36k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €5.57M |
| Equity | 10/15 | €346k |
| Contributions / capital | 10/11 | €100k |
| Accumulated profits (losses) | 14 | €246k |
| Amounts payable | 17/49 | €5.22M |
| Amounts payable within one year | 42/48 | €5.22M |
| Trade debts payable within one year | 44 | €105k |
| Income statement | ||
| Gross operating margin | 9900 | €991k |
| Operating result | 9901 | €232k |
| Financial income | 75 | €64 |
| Financial charges | 65 | €462 |
| Result before taxes | 9903 | €231k |
| Income taxes | 67/77 | €85k |
| Net result for the period | 9904 | €146k |
| Result to be appropriated | 9905 | €146k |
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | THEO MACOURS EERSELS 56, 3980 TESSENDERLO-
.
80817
BELGISCH STAATSBLAD — 03.07.2024 — MONITEUR BELGE |
27-06-2024 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Vervaardiging van platen, vellen, buizen en profielen van kunststof(22210) |
| Legal form | Private limited company(610) |
| Incorporation | 20-05-2021 |
| Status | Active |
| Postal code | 3600 |
| First BS signal | 03-07-2024 |
| Latest BS signal | 03-07-2024 |
Establishment units
Endurance Solar Solutions
since 20212.318.207.255
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
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.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71305F1334/00P043 | Flanders | 15.8 ha | 1 · 4.0 ha | 38.4 m · 3 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2024
03-07-2024
Bankruptcy
Opening
2023
12-12-2023
NBB filing
Annual accounts filed
2022
13-10-2022
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
03-07-2024
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Vervaardiging van platen, vellen, buizen en profielen van kunststof22210
Primary activity highlighted.
Names & trade names
| Legal nameNL | Endurance Solar Solutions |
Registered office
Paniswijerstraat 92
3600 Genk, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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