SLS
InactiveSLS was declared bankrupt on 06-10-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 02-07-2024, published in the Belgian State Gazette on 11-07-2024.
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 30-07-2022, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
1 d early
2020
10 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€-126k▲ 18.1%
2020 · €-154k
2018: €-100khighest in 4 years
2019: €-154k▼ -55.1% vs 2018lowest in 4 years
2020: €-154k▲ +0.6% vs 2019
2021: €-126k▲ +18.1% vs 2020
2018 → 2021
Total assets
€59k▼ 5.7%
2020 · €62k
2018: €93k
2019: €95k▲ +2.6% vs 2018highest in 4 years
2020: €62k▼ -34.5% vs 2019
2021: €59k▼ -5.7% vs 2020lowest in 4 years
2018 → 2021
Net result
€28k▲ 2,884%
2020 · €930
2018: €-41k
2019: €-55k▼ -34.8% vs 2018lowest in 4 years
2020: €930▲ +102% vs 2019
2021: €28k▲ +2884% vs 2020highest in 4 years
2018 → 2021
Working capital
€-105k▲ 15.9%
2020 · €-125k
2018: €-81khighest in 4 years
2019: €-134k▼ -65.9% vs 2018lowest in 4 years
2020: €-125k▲ +6.8% vs 2019
2021: €-105k▲ +15.9% vs 2020
2018 → 2021
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-100k-€-154k▼ 55.1%€-154k▲ 0.6%€-126k▲ 18.1%
2018: €-100khighest in 4 years
2019: €-154k▼ -55.1% vs 2018lowest in 4 years
2020: €-154k▲ +0.6% vs 2019
2021: €-126k▲ +18.1% vs 2020
Operating result€-38k-€-49k▼ 28.8%€3k€31k▲ 959%
2018: €-38k
2019: €-49k▼ -28.8% vs 2018lowest in 4 years
2020: €3k▲ +106% vs 2019
2021: €31k▲ +959% vs 2020highest in 4 years
Net result€-41k-€-55k▼ 34.8%€930€28k▲ 2,884%
2018: €-41k
2019: €-55k▼ -34.8% vs 2018lowest in 4 years
2020: €930▲ +102% vs 2019
2021: €28k▲ +2884% 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
After the dip in 2019 the operating result has climbed two years in a row; 2021 is 959% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €59k
Fixed assets
€149 =
Current assets
€59k ▼ 5.7%
Key figures and ratios
Solvency
-214.1%▲
2020 · -246.5%
Current ratio
0.36▲
2020 · 0.33
Quick ratio
0.13▲
2020 · 0.10
Debt to equity
-1.47▼
2020 · -0.17
ROA
47.2%▲
2020 · 1.5%
Debt
€185k▼
2020 · €216k
Debt ≤ 1 year
€164k▼
2020 · €187k
Debt > 1 year
€21k▼
2020 · €27k
Staff costs
€179k
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 · 44 lines
Balance sheet
Code20202021
Assets
Total assets20/58€62k€59k▼
Fixed assets21/28€149€149=
Financial fixed assets28€149€149=
Current assets29/58€62k€59k▼
Stocks and contracts in progress3€43k€37k▼
Stocks30/36-€37k
Amounts receivable within one year40/41€19k€11k▼
Trade receivables40-€9k
Other amounts receivable41-€1k
Cash at bank and in hand54/58€231€6k▲
Deferred charges and accrued income490/1-€5k
Equity and liabilities
Total equity and liabilities10/49€62k€59k▼
Equity10/15€-154k€-126k▲
Contributions10/11-€19k
Reserves13€1k€1k=
Non-distributable reserves130/1-€1k
Reserves not available under the articles1311-€1k
Profit (loss) carried forward14€-174k€-146k▲
Amounts payable17/49€216k€185k▼
Amounts payable after more than one year17€27k€21k▼
Financial debts170/4-€21k
Amounts payable within one year42/48€187k€164k▼
Trade debts44€78k€71k▼
Suppliers440/4-€71k
Taxes, remuneration and social security45-€85k
Taxes450/3-€8k
Remuneration and social security454/9-€77k
Other amounts payable47/48-€7k
Accrued charges and deferred income492/3-€123
Income statement
Code20202021
Non-recurring operating income76A-€10k
Remuneration, social security and pensions62-€179k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k-
Other operating charges640/8-€1k
Gross operating margin9900€197k€212k▲
Operating profit (loss)9901€3k€31k▲
Financial income75/76B-€509
Recurring financial income75€2k€509▼
Financial charges65/66B-€4k
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€930€28k▲
Profit (loss) for the period9904€930€28k▲
Profit (loss) for the period to be appropriated9905€930€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-146k
Profit (loss) brought forward from the previous period14P-€-174k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €10k | - |
| Remuneration, social security and pensions62 | - | - | - | €179k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15k | €15k | €14k | - | - |
| Other operating charges640/8 | - | - | - | €1k | - |
| Gross operating margin9900 | €265k | €232k | €197k | €212k | ▲ 7.3% |
| Operating profit (loss)9901 | €-38k | €-49k | €3k | €31k | ▲ 959% |
| Financial income75/76B | - | - | - | €509 | - |
| Recurring financial income75 | €725 | €732 | €2k | €509 | ▼ 78.8% |
| Financial charges65/66B | - | - | - | €4k | - |
| Recurring financial charges65 | €4k | €7k | €4k | €4k | ▼ 13.4% |
| Profit (loss) for the period before taxes9903 | €-41k | €-55k | €930 | €28k | ▲ 2,884% |
| Profit (loss) for the period9904 | €-41k | €-55k | €930 | €28k | ▲ 2,884% |
| Profit (loss) for the period to be appropriated9905 | €-41k | €-55k | €930 | €28k | ▲ 2,884% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €93k | €95k | €62k | €59k | ▼ 5.7% |
| Fixed assets21/28 | €30k | €15k | €149 | €149 | = |
| Tangible fixed assets22/27 | €30k | €14k | - | - | - |
| Financial fixed assets28 | €149 | €149 | €149 | €149 | = |
| Current assets29/58 | €63k | €80k | €62k | €59k | ▼ 5.7% |
| Stocks and contracts in progress3 | €46k | €38k | €43k | €37k | ▼ 14.4% |
| Stocks30/36 | - | - | - | €37k | - |
| Amounts receivable within one year40/41 | €11k | €34k | €19k | €11k | ▼ 42.6% |
| Trade receivables40 | - | - | - | €9k | - |
| Other amounts receivable41 | - | - | - | €1k | - |
| Cash at bank and in hand54/58 | €6k | €3k | €231 | €6k | ▲ 2,476% |
| Deferred charges and accrued income490/1 | - | - | - | €5k | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €93k | €95k | €62k | €59k | ▼ 5.7% |
| Equity10/15 | €-100k | €-154k | €-154k | €-126k | ▲ 18.1% |
| Contributions10/11 | €19k | €19k | - | €19k | - |
| Reserves13 | €1k | €1k | €1k | €1k | = |
| Non-distributable reserves130/1 | - | - | - | €1k | - |
| Reserves not available under the articles1311 | - | - | - | €1k | - |
| Profit (loss) carried forward14 | €-120k | €-175k | €-174k | €-146k | ▲ 16.0% |
| Amounts payable17/49 | €192k | €250k | €216k | €185k | ▼ 14.5% |
| Amounts payable after more than one year17 | €48k | €34k | €27k | €21k | ▼ 22.5% |
| Financial debts170/4 | - | - | - | €21k | - |
| Amounts payable within one year42/48 | €144k | €215k | €187k | €164k | ▼ 12.5% |
| Trade debts44 | €59k | €106k | €78k | €71k | ▼ 8.5% |
| Suppliers440/4 | - | - | - | €71k | - |
| Taxes, remuneration and social security45 | - | - | - | €85k | - |
| Taxes450/3 | - | - | - | €8k | - |
| Remuneration and social security454/9 | - | - | - | €77k | - |
| Other amounts payable47/48 | - | - | - | €7k | - |
| Accrued charges and deferred income492/3 | - | - | - | €123 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-41k | €-55k | €930 | €28k | ▲ 2,884% |
| + Depreciation and write-downs630 | €15k | €15k | €14k | - | - |
| Operating cash flow (approximation) | €-25k | €-40k | €15k | €28k | ▲ 80.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | €-3k | €-3k | €6k | ▲ 278% |
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
2024
11-07
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 02-07-2024
2022
12-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 06-10-2022
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €28k ▲2,884%
Operating result €31k, net result €28k, both a record.
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
31-12
Financial
Back to profitnet €930
Net result €930 after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-55k
Net result drops to €-55k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 11 days late
2016
30-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Show earlier events
2015
31-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
31-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
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 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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 | ALEXANDRE BASTENIER LEON STYNENSTRAAT 63,
2000 ANTWERPEN 1 |
06-10-2022 → 02-07-2024 |
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 3,690 EUR awarded · 3,688 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2 EUR | 0 EUR |
| 2022 | 1 | 3,688 EUR | 3,688 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)