FT SOLUTIONS
The file of FT SOLUTIONS contains 1 judicial reorganisation and 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 14.8% (high). The 2021 annual accounts show equity of €104k and a net result of €-652k. Equity is shrinking by ~27.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2022. Its solvency ranks better than 30% of 40 sector peers (fiscal year 2021).
| Equity | €104k |
| Net result | €-652k |
| Staff (FTE) | 9.3 |
| Better than sector | 30% |
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Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 2.2% | 10.7% | |
| Net result | €-652k | €11k | |
| Equity | €104k | €58k | |
| Gross operating margin | €323k | €90k | |
| Total assets | €4.65M | €921k |
| Fiscal year | 2021 |
|---|---|
| Revenue | — |
| EBITDA | €-339k |
| Net profit | €-652k |
| Cash flow | €-266k |
| Staff costs | €654k |
| Income taxes | €1k |
| Dividends | — |
| Total assets | €4.65M |
| Equity | €104k |
| Debt | €4.54M |
| of which ≤ 1y | €3.70M |
| of which > 1y | €826k |
| Working capital | €-233k |
| Employees (FTE) | 9.3 |
| 2021 | |
|---|---|
| Current ratio | 0.94 |
| Quick ratio | 0.56 |
| Working capital ratio | -5.0% |
| Solvency | 2.2% |
| Debt / equity | 43.76 |
| Long-term debt ratio | 7.95 |
| Interest coverage | -3.40 |
| Gross margin | — |
| Net margin | — |
| ROA | -14.0% |
| ROE | -628.4% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €4.65M |
| Fixed assets | 21/28 | €1.18M |
| Intangible fixed assets | 21 | €1.16M |
| Tangible fixed assets | 22/27 | €23k |
| Current assets | 29/58 | €3.47M |
| Stocks & contracts in progress | 3 | €1.41M |
| Amounts receivable within one year | 40/41 | €1.79M |
| Cash & bank | 54/58 | €222k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.65M |
| Equity | 10/15 | €104k |
| Contributions / capital | 10/11 | €369k |
| Reserves | 13 | €70k |
| Accumulated profits (losses) | 14 | €-893k |
| Amounts payable | 17/49 | €4.54M |
| Amounts payable after one year | 17 | €826k |
| Amounts payable within one year | 42/48 | €3.70M |
| Trade debts payable within one year | 44 | €1.65M |
| Income statement | ||
| Gross operating margin | 9900 | €323k |
| Operating result | 9901 | €-725k |
| Financial income | 75 | €174k |
| Financial charges | 65 | €100k |
| Result before taxes | 9903 | €-651k |
| Income taxes | 67/77 | €1k |
| Net result for the period | 9904 | €-652k |
| Result to be appropriated | 9905 | €-652k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | KJELL SWARTELE ANSELMOSTRAAT 2,
2018 ANTWERPEN 1 |
20-04-2023 → present | Belgian State Gazette |
| NACE primary | Wholesale trade(46644) |
| Legal form | Private limited company(610) |
| Incorporation | 15-03-2012 |
| Status | Active |
| Postal code | 2610 |
| First BS signal | 14-03-2023 |
| Latest BS signal | 27-04-2026 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11463D0410/00T000 | Flanders | 5,641 m² | 1 · 4,167 m² | 11.5 m · 3 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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| Legal nameNL | FT SOLUTIONS |