PREMIUM SOLUTIONS
Bankruptcy closedPREMIUM SOLUTIONS was declared bankrupt on 28-03-2023 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed for insufficient assets by judgment of 14-04-2026, published in the Belgian State Gazette on 21-04-2026.
No longer registered with the KBO since 15-04-2026; last annual accounts for fiscal year 2022.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 12-07-2022, 203 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
203 d early
2021
46 d early
2020
316 d late
2019
678 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€932k▲ 95.3%
2021 · €477k
2018: €-11k
2019: €92k
2020: €281k
2021: €477k
2018 → 2022
Total assets
€987k▲ 85.9%
2021 · €531k
2018: €18k
2019: €175k
2020: €377k
2021: €531k
2018 → 2022
Net result
€455k▲ 132%
2021 · €196k
2018: €-13k
2019: €91k
2020: €190k
2021: €196k
2018 → 2022
Working capital
€931k▲ 95.5%
2021 · €476k
2018: €-12k
2019: €91k
2020: €280k
2021: €476k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€-11k-€92k€281k▲ 206%€477k▲ 69.6%€932k▲ 95.3%
Operating result€-12k-€130k€245k▲ 88.6%€282k▲ 15.4%€584k▲ 107%
Net result€-13k-€91k€190k▲ 109%€196k▲ 3.3%€455k▲ 132%
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 has risen four years in a row; 2022 is 107% above 2021 and is the highest year so far.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €987k
Fixed assets
€758▼ 10.0%
Current assets
€986k▲ 86.0%
Equity and liabilities €987k
Equity
€932k▲ 95.3%
Debt
€55k▲ 2.4%
The debt ratio falls from 10.2% to 5.6%: equity grows faster than debt.
Key figures and ratios
EBITDA
€584k
Cash flow
€455k
Solvency
94.4%▲
2021 · 89.8%
Current ratio
17.87▲
2021 · 9.83
Quick ratio
12.45▲
2021 · 7.33
Debt / equity
0.06
ROE
48.8%▲
2021 · 41.0%
ROA
46.1%▲
2021 · 36.9%
Interest coverage
36.20
Debt
€55k▲
2021 · €54k
Debt ≤ 1 year
€55k▲
2021 · €54k
Income taxes
€113k▲
2021 · €72k
Staff costs
€121k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€531k€987k▲
Fixed assets21/28€842€758▼
Tangible fixed assets22/27€674€590▼
Land and buildings22-€590
Financial fixed assets28€168€168=
Current assets29/58€530k€986k▲
Stocks and contracts in progress3€135k€299k▲
Stocks30/36-€299k
Amounts receivable within one year40/41€179k€442k▲
Trade receivables40-€202k
Other amounts receivable41-€240k
Cash at bank and in hand54/58€216k€245k▲
Equity and liabilities
Total equity and liabilities10/49€531k€987k▲
Equity10/15€477k€932k▲
Contributions10/11€19k€19k=
Capital10-€19k
Issued capital100-€19k
Reserves13€13k€13k=
Non-distributable reserves130/1-€2k
Legal reserve130-€2k
Distributable reserves133-€11k
Profit (loss) carried forward14€445k€900k▲
Amounts payable17/49€54k€55k▲
Amounts payable within one year42/48€54k€55k▲
Trade debts44€44k€45k▲
Suppliers440/4-€45k
Other amounts payable47/48-€10k
Income statement
Code20212022
Remuneration, social security and pensions62-€121k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€335
Other operating charges640/8-€868
Gross operating margin9900€372k€707k▲
Operating profit (loss)9901€282k€584k▲
Financial charges65/66B-€16k
Recurring financial charges65€14k€16k▲
Profit (loss) for the period before taxes9903€268k€568k▲
Income taxes67/77€72k€113k▲
Profit (loss) for the period9904€196k€455k▲
Profit (loss) for the period to be appropriated9905€196k€455k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€900k
Profit (loss) brought forward from the previous period14P-€445k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
21-04
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Gent · PREMIUM SOLUTIONS BV ABRIKOOSSTRAAT 22, 9000 GENT · event 14-04-2026
2023
04-04
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · PREMIUM SOLUTIONS BV ABRIKOOSSTRAAT 22, 9000 GENT · event 28-03-2023
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Highest result since 2018net €455k ▲132%
Operating result €584k, net result €455k, both a record.
30-06
Financial
Equity above €500kEq €932k ▲95.3%
4 profitable years in a row build equity to €932k.
2021
16-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
13-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 316 days late
09-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 678 days late
30-06
Financial
Liquidity triplescurrent ratio 9.83
Current ratio from 3.93 to 9.83; short-term debt falls from €96k to €54k.
2020
30-06
Financial
Equity above €200kEq €281k ▲206%
2 profitable years in a row build equity to €281k.
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
30-06
Financial
Back to profitnet €91k
Net result €91k after one loss-making year.
30-06
Financial
Liquidity triplescurrent ratio 2.09
Current ratio from 0.60 to 2.09.
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
01-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
29-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
01-07
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.
Directors · office · real estate
Directors
4 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ground area
64 m²
Building footprint
56 m²
Volume, LiDAR
497 m³
Parcel 44816K0492/00C002, Flanders · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44816K0492/00C002 | Flanders | 64 m² | 1 · 56 m² | 9.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 | GEERT WAETERLOOS MOLENAARSSTRAAT 111/1A,
9000 GENT |
28-03-2023 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-12-1999
Fiscal year end30-06
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.