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SOL.ONE

Open bankruptcy
Public limited companyfounded 2014Baron Ruzettelaan 3, 8310 Brugge, BelgiumKBO/BCE: BE 0567.794.943

A bankruptcy procedure is open for SOL.ONE according to publications in the Belgian State Gazette; curator: SABRINA CLAESSENS.

Summary

The 2021 annual accounts show equity of €2.5m and a net result of -€621,369.

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 Ghent, Bruges division
Declared bankrupt
13 December 2022
Supervising judge
Hendrik Theys
Official Gazette
19-12-2022 (pdf) ↗search the document for 2022/147115

Deadlines

Provisional date payments stopped
13 December 2022A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 3 January 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 12 January 2023art. XX.104 and XX.155 CEL
First verification report
passed on 23 January 2023Goods 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 13 December 2023Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. 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
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
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 31-03-2022, 122 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
122 d early
2020
22 d early
2019
123 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 89 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

On 13 November 2014, SOL.ONE was incorporated.1 Total assets went from EUR 3 million in 2018 to EUR 4.9 million in 2021 and headcount from 7.2 to 16.1 full-time equivalents.2 The company was declared bankrupt on 13 December 2022.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian State Gazette, 19-12-2022

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, abbreviated schema

Equity
€2.5m
2020 · -€1.2m
Total assets
€4.9m▲ 6.0%
2020 · €4.6m
Net result
-€621,369▲ 55.5%
2020 · -€1.4m
Working capital
-€57,648▲ 97.7%
2020 · -€2.5m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2018201920202021
Operating result-€987,976--€829,079▲ 16.1%-€1.2m▼ 41.8%-€289,900▲ 75.3%
Net result-€1.2m--€1.1m▲ 11.3%-€1.4mbelow the sector's middle half▼ 30.9%-€621,369below the sector's middle half▲ 55.5%
Equity-€832,380--€398,236▲ 52.2%-€1.2mbelow the sector's middle half▼ 200%€2.5mabove the sector's middle half
Total assets€3.0m-€2.8m▼ 5.8%€4.6mabove the sector's middle half▲ 65.0%€4.9mabove the sector's middle half▲ 6.0%
Debt€3.8m-€3.2m▼ 16.0%€5.7m▲ 78.7%€2.4m▼ 57.4%
Working capital-€148,306--€242,536▼ 63.5%-€2.5m▼ 917%-€57,648▲ 97.7%
Solvency-28.1%--14.3%▲ 13.8pp-26.0%below the sector's middle half▼ 11.7pp50.3%within the sector's middle half▲ 76.3pp
Staff (FTE)7.2-10.5▲ 45.8%14.7above the sector's middle half▲ 40.0%16.1above the sector's middle half▲ 9.5%
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€1.5m-€1.0m-€500,000€0Operating result 2018: -€987,976-€987,976Net result 2018: -€1.2m-€1.2mOperating result 2019: -€829,079-€829,079Net result 2019: -€1.1m-€1.1mOperating result 2020: -€1.2m-€1.2mNet result 2020: -€1.4m-€1.4mOperating result 2021: -€289,900-€289,900Net result 2021: -€621,369-€621,3692018201920202021-€1.5m-€1m-€500,000€0Operating result 2019: -€829,079-€829,000Net result 2019: -€1.1m-€1.1mOperating result 2020: -€1.2m-€1.2mNet result 2020: -€1.4m-€1.4mOperating result 2021: -€289,900-€290,000Net result 2021: -€621,369-€621,000201920202021
The operating result stays negative: a loss of €289,900 in 2021 against €1.2m in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €4.9m
Fixed assets €4.0m ▲ 47.2%
Current assets €909,685 ▼ 52.3%
Equity and liabilities €4.9m
Equity €2.5m
Debt €2.4m
Debt finances 49.7% of the balance-sheet total.
Key figures and ratios
2021 value · change against 2020
EBITDA
€143,930▲
2020 · -€862,130
Cash flow
-€187,539▲
2020 · -€1.1m
Current ratio
0.94▲
2020 · 0.44
Debt to equity
0.08▲
2020 · -0.54
ROE
-25.3%
ROA
-12.7%▲
2020 · -30.3%
Debt ≤ 1 year
€967,333▼
2020 · €4.4m
Debt > 1 year
€203,207▼
2020 · €649,511
Income taxes
-€46,346▼
2020 · -€33,383
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 26 lines
Balance sheet Code20202021
Assets
Total assets20/58€4.6m€4.9m▲
Fixed assets21/28€2.7m€4.0m▲
Intangible fixed assets21€2.6m€3.9m▲
Tangible fixed assets22/27€73,067€102,499▲
Financial fixed assets28€9,183€12,966▲
Current assets29/58€1.9m€909,685▼
Amounts receivable within one year40/41€1.8m€414,999▼
Cash at bank and in hand54/58€77,249€487,286▲
Equity and liabilities
Total equity and liabilities10/49€4.6m€4.9m▲
Equity10/15-€1.2m€2.5m▲
Contributions10/11€199,764€1.9m▲
Profit (loss) carried forward14-€1.4m-€693,153▲
Provisions and deferred taxes16€101,666€0▼
Amounts payable17/49€5.7m€2.4m▼
Amounts payable after more than one year17€649,511€203,207▼
Amounts payable within one year42/48€4.4m€967,333▼
Trade debts44€2.6m€102,947▼
Income statement Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€313,142€433,830▲
Gross operating margin9900€548,122€1.6m▲
Operating profit (loss)9901-€1.2m-€289,900▲
Recurring financial income75€0€25,347▲
Recurring financial charges65€253,625€403,162▲
Profit (loss) for the period before taxes9903-€1.4m-€667,715▲
Income taxes67/77-€33,383-€46,346▼
Profit (loss) for the period9904-€1.4m-€621,369▲
Profit (loss) for the period to be appropriated9905-€1.4m-€621,369▲
Line2018201920202021Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€206,069€286,362€313,142€433,830▲ 38.5%
Gross operating margin9900-€203,737€418,848€548,122€1.6m▲ 197%
Operating profit (loss)9901-€987,976-€829,079-€1.2m-€289,900▲ 75.3%
Recurring financial income75€22,417€25,006€0€25,347-
Recurring financial charges65€247,512€287,925€253,625€403,162▲ 59.0%
Profit (loss) for the period before taxes9903-€1.2m-€1.1m-€1.4m-€667,715▲ 53.3%
Income taxes67/77-€11,286-€26,142-€33,383-€46,346▼ 38.8%
Profit (loss) for the period9904-€1.2m-€1.1m-€1.4m-€621,369▲ 55.5%
Profit (loss) for the period to be appropriated9905-€1.2m-€1.1m-€1.4m-€621,369▲ 55.5%
Line2018201920202021Change
Assets
Total assets20/58€3.0m€2.8m€4.6m€4.9m▲ 6.0%
Fixed assets21/28€1.5m€2.0m€2.7m€4.0m▲ 47.2%
Intangible fixed assets21€1.5m€1.9m€2.6m€3.9m▲ 47.5%
Tangible fixed assets22/27€39,518€68,350€73,067€102,499▲ 40.3%
Financial fixed assets28€13,183€10,883€9,183€12,966▲ 41.2%
Current assets29/58€1.4m€825,342€1.9m€909,685▼ 52.3%
Stocks and contracts in progress3€56,488----
Amounts receivable within one year40/41€1.3m€678,523€1.8m€414,999▼ 77.2%
Cash at bank and in hand54/58€29,372€138,348€77,249€487,286▲ 531%
Equity and liabilities
Total equity and liabilities10/49€3.0m€2.8m€4.6m€4.9m▲ 6.0%
Equity10/15-€832,380-€398,236-€1.2m€2.5m▲ 305%
Contributions10/11€518,600€2.0m€199,764€1.9m▲ 843%
Profit (loss) carried forward14-€1.4m-€2.4m-€1.4m-€693,153▲ 50.3%
Provisions and deferred taxes16--€101,666€0▼ 100%
Amounts payable17/49€3.8m€3.2m€5.7m€2.4m▼ 57.4%
Amounts payable after more than one year17€2.0m€1.6m€649,511€203,207▼ 68.7%
Amounts payable within one year42/48€1.6m€1.1m€4.4m€967,333▼ 77.9%
Trade debts44€712,333€494,637€2.6m€102,947▼ 96.1%
Line2018201920202021Change
Profit (loss) for the period9904-€1.2m-€1.1m-€1.4m-€621,369▲ 55.5%
+ Depreciation and write-downs630€206,069€286,362€313,142€433,830▲ 38.5%
Operating cash flow (approximation)-€995,717-€779,495-€1.1m-€187,539▲ 82.7%
Investment in fixed assets (approximation)--€723,514-€1.0m-€1.7m▼ 63.6%
Change in cash-€108,976-€61,099€410,038▲ 771%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2022
19-12
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Brugge · event 13-12-2022
31-03
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Equity above €2mEq €2.5m
Equity rises from -€1.2m to €2.5m.
09-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Weakest financial yearnet -€1.4m
Net result drops to -€1.4m, the lowest in the series.
30-03
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
07-11
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 99 days late
2018
07-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 38 days late
2017
27-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-05
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 20 acts read
About the unread acts

We know of 20 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
20 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, Brugge · 1 establishment unit since 2014
seat establishment The establishment unit on the map
Ground area
6,856 m²
Building footprint
2,547 m²
Volume, LiDAR
35,399 m³
Parcel 31434C0037/00L007, Flanders · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
13 companies at this address See who is registered here
1 establishment unit
Unmanned
Baron Ruzettelaan 3, 8310 BruggeComputer programming, consultancy and related activities
since 20142.239.756.625
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31434C0037/00L007 Flanders 6,856 m² 1 · 2,547 m² 18.2 m · 5 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

1 mandate
Role Name Tenure
Curator SABRINA CLAESSENS
TULPENSTRAAT 9, 8370 BLAN- KENBERGE
13-12-2022 → present

Public money · subsidies and aid

Flemish government

2022 · 2 entries · 8,372 EUR awarded · 8,372 EUR paid
Year Entries awardedpaid
2022 2 8,372 EUR8,372 EUR
Schemes
1 entry · 5,379 EUR · 5,379 EUR paid · Fonds voor Innoveren en Ondernemen

European research

1 project · 313,944 EUR EU contribution
Programmes
1 entry · 313,944 EUR
Projects
IMage BAsed Landing Solutions
Horizon 2020 · participant · 01-03-2018 to 31-12-2022 · 313,944 EUR · IMBALS

Similar companies · same sector, comparable size

Of 16,911 companies in sector 62100 we hold annual accounts for 8,778. 2,301 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
Founded13-11-2014
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
68321Property management for co-owned buildings (syndics)
70100Activities of head offices
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 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.