S&S Solutions

Open bankruptcy

Private limited company (pre-2019)founded 2009KBO/BCE: BE 0810.194.280

A bankruptcy procedure is open for S&S Solutions according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €133k and a net result of €28k.

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Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

Filed after the deadline

The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-08-2023, 31 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 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

31 d late

2021

29 d late

2020

11 d late

2019

28 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2022, micro schema

Equity

€133k▲ 27.1%

2021 · €105k

2018: €30k 2019: €57k 2020: €77k 2021: €105k

2018 → 2022

Total assets

€182k▲ 31.9%

2021 · €138k

2018: €41k 2019: €82k 2020: €110k 2021: €138k

2018 → 2022

Net result

€28k▲ 1.9%

2021 · €28k

2018: €-700 2019: €27k 2020: €20k 2021: €28k

2018 → 2022

Working capital

€133k▲ 27.1%

2021 · €105k

2018: €30k 2019: €57k 2020: €77k 2021: €105k

2018 → 2022

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20182019202020212022Trend

Equity€30k-€57k▲ 90.0%€77k▲ 34.4%€105k▲ 36.2%€133k▲ 27.1%

Operating result€-2k-€38k€19k▼ 50.1%€32k▲ 68.1%€34k▲ 6.9%

Net result€-700-€27k€20k▼ 27.4%€28k▲ 41.6%€28k▲ 1.9%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2020 the operating result has climbed two years in a row; 2022 is 7% above 2021.

Balance-sheet composition

2022 in colour, 2021 as the grey bar beneath

Equity and liabilities €182k

73.0%

27.0%

Equity €133k▲ 27.1%

Debt €49k▲ 46.8%

The debt ratio rises from 24.3% to 27.0%. Equity and debt are higher.

Key figures and ratios

2022 value · change against 2021

Solvency

73.0%▼

2021 · 75.7%

Current ratio

3.70▼

2021 · 4.12

Quick ratio

3.70▼

2021 · 4.12

Debt / equity

0.37▲

2021 · 0.32

ROE

21.3%▼

2021 · 26.6%

ROA

15.6%▼

2021 · 20.1%

Debt

€49k▲

2021 · €34k

Debt ≤ 1 year

€49k▲

2021 · €34k

Income taxes

€16k▲

2021 · €10k

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€138k€182k▲

Current assets29/58€138k€182k▲

Amounts receivable within one year40/41€131k€170k▲

Trade receivables40€13k€31k▲

Other amounts receivable41€118k€139k▲

Cash at bank and in hand54/58€153€1k▲

Deferred charges and accrued income490/1€7k€11k▲

Equity and liabilities

Total equity and liabilities10/49€138k€182k▲

Equity10/15€105k€133k▲

Contributions10/11€14k€14k=

Reserves13€90k€119k▲

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Distributable reserves133€88k€117k▲

Amounts payable17/49€34k€49k▲

Amounts payable within one year42/48€34k€49k▲

Trade debts44€2k€5k▲

Suppliers440/4€2k€5k▲

Taxes, remuneration and social security45€32k€44k▲

Taxes450/3€32k€44k▲

Income statement Code20212022

Other operating charges640/8€2k€4k▲

Non-recurring operating charges66A-€690

Gross operating margin9900€34k€39k▲

Operating profit (loss)9901€32k€34k▲

Financial income75/76B€7k€11k▲

Recurring financial income75€7k€11k▲

Financial charges65/66B€1k€592▼

Recurring financial charges65€1k€592▼

Profit (loss) for the period before taxes9903€38k€44k▲

Income taxes67/77€10k€16k▲

Profit (loss) for the period9904€28k€28k▲

Profit (loss) for the period to be appropriated9905€28k€28k▲

Appropriation of the result

Profit (loss) to be appropriated9906€28k€28k▲

Transfer to equity691/2€28k€28k▲

To other reserves6921€28k€28k▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 14Signals 1Financial 3Filings 10

2026

11-02

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Hasselt · S&S SOLUTIONS BV (DOORGE- HAALD) GESTELSTRAAT 15, 3560 LUMMEN · event 05-02-2026

2023

31-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 31 days late

2022

31-12

Financial Highest result since 2018net €28k ▲1.9%

Net result €28k, the highest in the series.

29-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 29 days late

2021

31-12

Financial Equity above €100kEq €105k ▲36.2%

3 profitable years in a row build equity to €105k.

11-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 11 days late

2020

28-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 28 days late

2019

31-12

Financial Back to profitnet €27k

Net result €27k after one loss-making year.

28-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 28 days late

2018

10-07

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

30-08

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 30 days late

16-08

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema · 381 days late

2015

24-08

NBB filing Annual accounts filed

fiscal year 2014 · abbreviated schema · 24 days late

2014

05-08

NBB filing Annual accounts filed

fiscal year 2013 · abbreviated schema · 5 days late

SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

6 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

1 establishment unit since 2009

establishment The establishment unit on the map

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

1,380 m²

Building footprint

345 m²

Volume, LiDAR

2,178 m³

Parcel 71037C0202/00M000, Flanders · tallest building 12.8 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

S&S Solutions

Wholesale trade

since 20092.176.765.815

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71037C0202/00M000	Flanders	1,380 m²	1 · 345 m²	12.8 m · 2 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

3 mandates

Role	Name	Tenure
Curator	LIEVE DEHAESE LUIKERSTEENWEG 187, 3500 HASSELT	05-02-2026 → present
Curator	JOHAN DEHAESE LUIKERSTEENWEG 187, 3500 HASSELT	05-02-2026 → present
Curator	JESSIE DECKMYN LUIKERSTEENWEG 187, 3500 HASSELT-	05-02-2026 → present