ISSOL
Open bankruptcySummary
A bankruptcy procedure is open for ISSOL according to publications in the Belgian State Gazette. The 2018 annual accounts show negative equity (-€573,722) and a net result of -€1.1m.
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 Liège, Liège division
- Declared bankrupt
- 30 September 2019
- Supervising judge
- Leon Gramme
- Official Gazette
- 04-10-2019 (pdf) ↗search the document for 2019/150140
Deadlines
- Appeal or third-party opposition until
- passed on 19 October 2019Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 30 October 2019art. XX.104 and XX.155 CEL
- First verification report
- passed on 14 November 2019Goods 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 September 2020Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curators
- Andre RenetteRue Paul Devaux 2, 4000 Liege 1curatelle@lexlitis.eu
- Laurent Stas De RichelleRue Louvrex 81, 4000 Liege 1l.stasderichelle@bls-avocats.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- 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.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- 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
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 20-09-2019, 51 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?List enrichment How is the Agents specialised in the wholesale of other particular products sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2018, full schema
Turnover
€4.8m
EBIT margin
-21.7%
Net result
-€1.1m
Working capital
-€828,851
Balance-sheet composition
Assets €4.6m
Fixed assets
€1.6m
Current assets
€3.0m
Key figures and ratios
EBITDA
-€635,362
Cash flow
-€729,287
Solvency
-12.1%
Current ratio
0.78
Quick ratio
0.50
Debt to equity
-2.37
ROA
-24.0%
Interest coverage
-6.28
Debt
€5.3m
Debt ≤ 1 year
€3.8m
Debt > 1 year
€1.4m
Income taxes
€72
Annual accounts
| Line | 2018 |
|---|---|
| Turnover70 | €4.8m |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €410,425 |
| Operating profit (loss)9901 | -€1.0m |
| Recurring financial income75 | €62,855 |
| Recurring financial charges65 | €135,613 |
| Debt charges650 | €101,123 |
| Profit (loss) for the period before taxes9903 | -€1.1m |
| Income taxes67/77 | €72 |
| Profit (loss) for the period9904 | -€1.1m |
| Profit (loss) for the period to be appropriated9905 | -€1.1m |
| Line | 2018 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €4.7m | |
| Formation expenses20 | €176,458 | |
| Fixed assets21/28 | €1.6m | |
| Intangible fixed assets21 | €104,899 | |
| Tangible fixed assets22/27 | €1.4m | |
| Financial fixed assets28 | €136,642 | |
| Current assets29/58 | €3.0m | |
| Stocks and contracts in progress3 | €1.1m | |
| Amounts receivable within one year40/41 | €1.9m | |
| Cash at bank and in hand54/58 | €1,673 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €4.7m | |
| Equity10/15 | -€573,722 | |
| Contributions10/11 | €850,500 | |
| Reserves13 | €219,161 | |
| Profit (loss) carried forward14 | -€1.7m | |
| Provisions and deferred taxes16 | €20,000 | |
| Amounts payable17/49 | €5.3m | |
| Amounts payable after more than one year17 | €1.4m | |
| Amounts payable within one year42/48 | €3.8m | |
| Trade debts44 | €1.3m | |
| Line | 2018 |
|---|---|
| Profit (loss) for the period9904 | -€1.1m |
| + Depreciation and write-downs630 | €410,425 |
| Operating cash flow (approximation) | -€729,287 |
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
2019
04-10
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 30-09-2019
20-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 51 days late
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
18-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 79 days late
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 23 days late
2015
08-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
12-05
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
14-05
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
24-04
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
05-05
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2010
30-06
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
SignalNBB filing
0 of 18 acts read
About the unread acts
We know of 18 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
18 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, Dison · 1 establishment unit since 2006
Ground area
2,868 m²
Building footprint
330 m²
Volume, LiDAR
1,506 m³
Parcel 63002A0109/00E000, Wallonia · tallest building 5.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ISSOL
since 20062.152.433.166
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63002A0109/00E000 | Wallonia | 2,868 m² | 1 · 330 m² | 5.9 m · 2 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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | ANDRE RENETTE RUE PAUL DEVAUX 2,
4000 LIEGE 1 |
30-09-2019 → present |
| Curator | LAURENT STAS DE RICHELLE RUE LOUVREX 81, 4000 LIEGE 1 |
30-09-2019 → present |
Public money · subsidies and aid
European research
2 projects · 31,603 EUR EU contributionProgrammes
Projects
BE-Smart: Innovative Building Envelope for Sustainable, Modular, Aesthetic, Reliable and efficient construction
High-performance low-cost modules with excellent environmental profiles for a competitive EU PV manufacturing industry
Recognitions · licences · registrations
Legal Entity Identifier
549300L3QVC8NNY6CX88
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Of 4,414 companies in sector 46180 we hold annual accounts for 1,892. 1,105 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded17-02-2006
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
23150Manufacture of other non-metallic mineral products
43211General electrical installation work
70200Business and other management consultancy
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 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.