GET SOLUTIONS
InactiveGET SOLUTIONS was declared bankrupt on 05-12-2023 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 22-04-2025, published in the Belgian State Gazette on 02-05-2025.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 05-07-2022, 26 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
26 d early
2020
87 d late
2019
188 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, abbreviated schema
Equity
€132k▲ 480%
2020 · €23k
2018: €6klowest in 4 years
2019: €35k▲ +472% vs 2018
2020: €23k▼ -34.1% vs 2019
2021: €132k▲ +480% vs 2020highest in 4 years
2018 → 2021
Total assets
€198k▲ 129%
2020 · €86k
2018: €8klowest in 4 years
2019: €100k▲ +1086% vs 2018
2020: €86k▼ -13.7% vs 2019
2021: €198k▲ +129% vs 2020highest in 4 years
2018 → 2021
Net result
€109k
2020 · €-24k
2018: €-2k
2019: €29k▲ +1370% vs 2018
2020: €-24k▼ -185% vs 2019lowest in 4 years
2021: €109k▲ +552% vs 2020highest in 4 years
2018 → 2021
Working capital
€128k▲ 593%
2020 · €18k
2018: €6klowest in 4 years
2019: €35k▲ +491% vs 2018
2020: €18k▼ -46.7% vs 2019
2021: €128k▲ +593% vs 2020highest in 4 years
2018 → 2021
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€6k-€35k▲ 472%€23k▼ 34.1%€132k▲ 480%
2018: €6klowest in 4 years
2019: €35k▲ +472% vs 2018
2020: €23k▼ -34.1% vs 2019
2021: €132k▲ +480% vs 2020highest in 4 years
Operating result€-2k-€41k€-27k€157k
2018: €-2k
2019: €41k▲ +1985% vs 2018
2020: €-27k▼ -166% vs 2019lowest in 4 years
2021: €157k▲ +681% vs 2020highest in 4 years
Net result€-2k-€29k€-24k€109k
2018: €-2k
2019: €29k▲ +1370% vs 2018
2020: €-24k▼ -185% vs 2019lowest in 4 years
2021: €109k▲ +552% vs 2020highest in 4 years
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 returns to profit in 2021: €157k after a loss of €27k in 2020, the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €198k
Fixed assets
€4k =
Current assets
€194k ▲ 136%
Equity and liabilities €198k
Equity
€132k ▲ 480%
Debt
€66k ▲ 3.7%
Debt's share of the balance-sheet total falls from 73.6% to 33.3%. Equity and debt are higher.
Key figures and ratios
Current ratio
2.94▲
2020 · 1.29
Debt to equity
0.50
ROE
82.8%▲
2020 · -106.1%
ROA
55.2%▲
2020 · -28.0%
Debt ≤ 1 year
€66k▲
2020 · €64k
Income taxes
€48k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 39 lines
Balance sheet
Code20202021
Assets
Total assets20/58€86k€198k▲
Fixed assets21/28€4k€4k=
Financial fixed assets28€4k€4k=
Current assets29/58€82k€194k▲
Amounts receivable within one year40/41€82k€193k▲
Other amounts receivable41-€193k
Cash at bank and in hand54/58€396€522▲
Equity and liabilities
Total equity and liabilities10/49€86k€198k▲
Equity10/15€23k€132k▲
Contributions10/11€19k€19k=
Capital10-€19k
Issued capital100-€19k
Reserves13€2k€111k▲
Non-distributable reserves130/1-€2k
Legal reserve130-€2k
Distributable reserves133-€109k
Profit (loss) carried forward14€2k€2k=
Amounts payable17/49€64k€66k▲
Amounts payable within one year42/48€64k€66k▲
Trade debts44€100€21k▲
Suppliers440/4-€21k
Taxes, remuneration and social security45-€45k
Taxes450/3-€45k
Income statement
Code20202021
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€82k
Other operating charges640/8-€1k
Gross operating margin9900€-22k€240k▲
Operating profit (loss)9901€-27k€157k▲
Financial income75/76B-€2k
Recurring financial income75€4k€2k▼
Financial charges65/66B-€738
Recurring financial charges65€1k€738▼
Profit (loss) for the period before taxes9903€-24k€158k▲
Income taxes67/77-€48k
Profit (loss) for the period9904€-24k€109k▲
Profit (loss) for the period to be appropriated9905€-24k€109k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€112k
Profit (loss) brought forward from the previous period14P-€2k
Transfer to equity691/2-€109k
To other reserves6921-€109k
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €199 | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €82k | - |
| Other operating charges640/8 | - | - | - | €1k | - |
| Gross operating margin9900 | €-2k | €43k | €-22k | €240k | ▲ 1,181% |
| Operating profit (loss)9901 | €-2k | €41k | €-27k | €157k | ▲ 681% |
| Financial income75/76B | - | - | - | €2k | - |
| Recurring financial income75 | - | €4k | €4k | €2k | ▼ 56.4% |
| Financial charges65/66B | - | - | - | €738 | - |
| Recurring financial charges65 | €20 | €593 | €1k | €738 | ▼ 38.9% |
| Profit (loss) for the period before taxes9903 | €-2k | €44k | €-24k | €158k | ▲ 752% |
| Income taxes67/77 | €61 | €16k | - | €48k | - |
| Profit (loss) for the period9904 | €-2k | €29k | €-24k | €109k | ▲ 552% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €29k | €-24k | €109k | ▲ 552% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €8k | €100k | €86k | €198k | ▲ 129% |
| Fixed assets21/28 | €199 | - | €4k | €4k | = |
| Tangible fixed assets22/27 | €199 | - | - | - | - |
| Financial fixed assets28 | - | - | €4k | €4k | = |
| Current assets29/58 | €8k | €100k | €82k | €194k | ▲ 136% |
| Amounts receivable within one year40/41 | €8k | €100k | €82k | €193k | ▲ 137% |
| Other amounts receivable41 | - | - | - | €193k | - |
| Cash at bank and in hand54/58 | €271 | €350 | €396 | €522 | ▲ 31.7% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €8k | €100k | €86k | €198k | ▲ 129% |
| Equity10/15 | €6k | €35k | €23k | €132k | ▲ 480% |
| Contributions10/11 | €6k | €6k | €19k | €19k | = |
| Capital10 | - | - | - | €19k | - |
| Issued capital100 | - | - | - | €19k | - |
| Reserves13 | €2k | €2k | €2k | €111k | ▲ 5,885% |
| Non-distributable reserves130/1 | - | - | - | €2k | - |
| Legal reserve130 | - | - | - | €2k | - |
| Distributable reserves133 | - | - | - | €109k | - |
| Profit (loss) carried forward14 | €-2k | €27k | €2k | €2k | = |
| Amounts payable17/49 | €2k | €66k | €64k | €66k | ▲ 3.7% |
| Amounts payable within one year42/48 | €2k | €66k | €64k | €66k | ▲ 3.7% |
| Trade debts44 | €2k | €26k | €100 | €21k | ▲ 21,105% |
| Suppliers440/4 | - | - | - | €21k | - |
| Taxes, remuneration and social security45 | - | - | - | €45k | - |
| Taxes450/3 | - | - | - | €45k | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €29k | €-24k | €109k | ▲ 552% |
| + Depreciation and write-downs630 | - | €199 | - | - | - |
| Operating cash flow (approximation) | €-2k | €29k | €-24k | €109k | ▲ 552% |
| Investment in fixed assets (approximation) | - | - | - | €0 | - |
| Change in cash | - | €79 | €47 | €126 | ▲ 169% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
02-05
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · event 22-04-2025
2023
11-12
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 05-12-2023
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €109k
Net result €109k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.94
Current ratio from 1.29 to 2.94.
31-12
Financial
Equity above €100kEq €132k ▲480%
Equity rises from €23k to €132k.
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
04-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 188 days late
2020
31-12
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 364 days late
2019
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Show earlier events
2017
18-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 49 days late
2016
03-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 3 days late
2015
15-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
27-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 27 days late
2013
08-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 8 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
11 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Luc PLESSERS KUNSTLAAN 24 BUS 9A, 1000 BRUSSEL 1- |
05-12-2023 → 22-04-2025 |