SALES SOLUTIONS
BankruptcySummary
The KBO register records for SALES SOLUTIONS the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show negative equity (€-40k) and a net result of €14k.
Signals
1 signal.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€-40k▲ 26.4%
2022 · €-54k
2018: €5k
2019: €-66k
2020: €-117k
2021: €-79k
2022: €-54k
2018 → 2023
Total assets
€84k▲ 9.0%
2022 · €77k
2018: €48k
2019: €94k
2020: €39k
2021: €174k
2022: €77k
2018 → 2023
Net result
€14k▼ 43.2%
2022 · €25k
2018: €19k
2019: €-71k
2020: €-51k
2021: €38k
2022: €25k
2018 → 2023
Working capital
€-63k▲ 23.2%
2022 · €-81k
2018: €5k
2019: €-93k
2020: €-148k
2021: €-111k
2022: €-81k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€-66k-€-117k▼ 76.4%€-79k▲ 32.3%€-54k▲ 31.8%€-40k▲ 26.4%
Operating result€-74k-€-47k▲ 36.4%€38k€25k▼ 33.8%€15k▼ 41.6%
Net result€-71k-€-51k▲ 28.6%€38k€25k▼ 33.5%€14k▼ 43.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2023 is 42% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €84k
Fixed assets
€23k ▼ 16.8%
Current assets
€61k ▲ 23.6%
Key figures and ratios
EBITDA
€20k▼
2022 · €30k
Cash flow
€19k▼
2022 · €30k
Solvency
-47.4%▲
2022 · -70.2%
Current ratio
0.49▲
2022 · 0.38
Debt to equity
-3.11▼
2022 · -2.42
ROA
17.0%▼
2022 · 32.7%
Interest coverage
7.54▼
2022 · 74.94
Debt
€123k▼
2022 · €131k
Debt ≤ 1 year
€123k▼
2022 · €131k
Income taxes
€-2k▼
2022 · €0
Staff costs
€703▼
2022 · €10k
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 · 2023 against 2022 · 50 lines
Balance sheet
Code20222023
Assets
Total assets20/58€77k€84k▲
Fixed assets21/28€28k€23k▼
Tangible fixed assets22/27€26k€21k▼
Plant, machinery and equipment23€18k€18k=
Furniture and vehicles24€5k€3k▼
Other tangible fixed assets26€3k€930▼
Financial fixed assets28€2k€2k=
Current assets29/58€49k€61k▲
Amounts receivable within one year40/41€49k€61k▲
Trade receivables40€43k€59k▲
Other amounts receivable41€6k€2k▼
Cash at bank and in hand54/58€152€0▼
Equity and liabilities
Total equity and liabilities10/49€77k€84k▲
Equity10/15€-54k€-40k▲
Contributions10/11€6k€6k=
Capital10€6k-
Issued capital100€19k-
Uncalled capital101€12k-
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€-62k€-48k▲
Amounts payable17/49€131k€123k▼
Amounts payable within one year42/48€131k€123k▼
Current portion of amounts payable after more than one year42€18k€19k▲
Financial debts43€2k€0▼
Credit institutions430/8€2k€0▼
Trade debts44€29k€27k▼
Suppliers440/4€29k€27k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€52k€60k▲
Taxes450/3€52k€60k▲
Other amounts payable47/48€29k€17k▼
Income statement
Code20222023
Non-recurring operating income76A-€175
Remuneration, social security and pensions62€10k€703▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€604€765▲
Gross operating margin9900€41k€21k▼
Operating profit (loss)9901€25k€15k▼
Financial income75/76B€21€0▼
Recurring financial income75€21€0▼
Financial charges65/66B€402€3k▲
Recurring financial charges65€402€3k▲
Profit (loss) for the period before taxes9903€25k€12k▼
Income taxes67/77€0€-2k▼
Profit (loss) for the period9904€25k€14k▼
Profit (loss) for the period to be appropriated9905€25k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-62k€-48k▲
Profit (loss) brought forward from the previous period14P€-87k€-62k▲
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
2025
20-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 232 days late
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 73 days late
2021
31-12
Financial
Back to profitnet €38k
Net result €38k after 2 loss-making years.
18-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 79 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-12
Financial
Weakest financial yearnet €-71k ▼475%
Net result drops to €-71k, the lowest in the series.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
2016
07-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 68 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Mechelen · 1 establishment unit since 2009
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.
Leestsesteenweg 622800 MechelenGround area
2,070 m²
Building footprint
311 m²
Volume, LiDAR
2,148 m³
2 parcels, Flanders, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Sales Solutions
since 20092.180.297.110
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12404G0319/00E004 | Flanders | 1,198 m² | 1 · 178 m² | 7.8 m · 2 fl. |
| 25763L0588/00A000 | Wallonia | 873 m² | 1 · 133 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 5,699 companies in sector 70100 we hold annual accounts for 3,494. 752 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-08-2009
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.