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SOLAR APPS

Inactive
KBO/BCE: BE 0650.990.358

SOLAR APPS was declared bankrupt on 09-12-2021 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 17-10-2023, published in the Belgian State Gazette on 23-10-2023.

Summary

Inactive; last annual accounts for fiscal year 2018.

Signals

Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filings
Position against the passed deadline
31-12-2019 close31-07-2020 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 30-08-2019, 30 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 · 2 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filings

The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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

SOLAR APPS has filed 2 sets of annual accounts, the latest for fiscal year 2018.1 On 9 December 2021 the company was declared bankrupt; the bankruptcy was closed on 17 October 2023.23

  1. 1National Bank, annual accounts 2018
  2. 2Belgian State Gazette, 15-12-2021
  3. 3Belgian State Gazette, 23-10-2023

Financials · fiscal year 2018, micro schema

Equity
€37,206
Total assets
€142,604
Net result
€909
Working capital
-€19,586

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

Balance-sheet composition
Assets €142,604
Fixed assets €56,792
Current assets €85,812
Equity and liabilities €142,604
Equity €37,206
Debt €105,398
Debt finances 73.9% of the balance-sheet total.
Key figures and ratios
2018 value
EBITDA
€20,677
Cash flow
€16,938
Current ratio
0.81
ROE
2.4%
ROA
0.6%
Debt ≤ 1 year
€105,398
Income taxes
€2,745
Annual accounts
Filed annual accounts As filed with the NBB · 2018 · 25 lines
Balance sheet Code2018
Assets
Total assets20/58€142,604
Fixed assets21/28€56,792
Intangible fixed assets21€45,852
Tangible fixed assets22/27€7,640
Financial fixed assets28€3,300
Current assets29/58€85,812
Amounts receivable within one year40/41€71,816
Cash at bank and in hand54/58€11,751
Equity and liabilities
Total equity and liabilities10/49€142,604
Equity10/15€37,206
Contributions10/11€6,200
Reserves13€14,306
Profit (loss) carried forward14€16,699
Amounts payable17/49€105,398
Amounts payable within one year42/48€105,398
Trade debts44€54,366
Income statement Code2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,030
Gross operating margin9900€106,596
Operating profit (loss)9901€4,647
Recurring financial income75€139
Recurring financial charges65€1,133
Profit (loss) for the period before taxes9903€3,653
Income taxes67/77€2,745
Profit (loss) for the period9904€909
Profit (loss) for the period to be appropriated9905€909
Line2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,030
Gross operating margin9900€106,596
Operating profit (loss)9901€4,647
Recurring financial income75€139
Recurring financial charges65€1,133
Profit (loss) for the period before taxes9903€3,653
Income taxes67/77€2,745
Profit (loss) for the period9904€909
Profit (loss) for the period to be appropriated9905€909
Line2018
Assets
Total assets20/58€142,604
Fixed assets21/28€56,792
Intangible fixed assets21€45,852
Tangible fixed assets22/27€7,640
Financial fixed assets28€3,300
Current assets29/58€85,812
Amounts receivable within one year40/41€71,816
Cash at bank and in hand54/58€11,751
Equity and liabilities
Total equity and liabilities10/49€142,604
Equity10/15€37,206
Contributions10/11€6,200
Reserves13€14,306
Profit (loss) carried forward14€16,699
Amounts payable17/49€105,398
Amounts payable within one year42/48€105,398
Trade debts44€54,366
Line2018
Profit (loss) for the period9904€909
+ Depreciation and write-downs630€16,030
Operating cash flow (approximation)€16,938

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

2023
23-10
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 17-10-2023
2021
15-12
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 09-12-2021
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
27-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
SignalNBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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 STEFANIE HENS
BRITSELEI 76, 2000 06 ANTWERPEN-
09-12-2021 → 17-10-2023