Active BE 0664.597.280Private limited companyOpen bankruptcy

Solid Solar Belgium

Atealaan(HRT) 34 ·2200 Herentals, Belgium· 9 yrs active

Sector: Wholesale trade (46643)

Conclusion Checked

A bankruptcy procedure is open for Solid Solar Belgium according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (€-180) and a net result of €-371.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€-180
Net result	€-371
Better than sector	9%
Active	9 yrs

Snowflake analysis 5 axes · computed by Checked

39 / 100

Fragile profile, watch health in particular.

Health 0

Profitability 100

Solvency 35

Growth 58

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High risk

Components

· Open bankruptcy (+50)

Trust signals 1 signals

Open bankruptcy

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

Administrative Flags 0 events

No administrative flags

Health barometer FY 2021 · computed

0 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview5 NBB filings

Annual accounts filed on 29-08-2022 with the NBB · fiscal year 2021 · micro

Operating resultNet result

Sector comparison

Fiscal year 2021 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-73.9%	26.5%	better than 9% of 1396 sector peers
Net result	€-371	€5k	better than 35% of 1398 sector peers
Equity	€-180	€23k	better than 23% of 1400 sector peers
Gross operating margin	€278	€19k	better than 25% of 1395 sector peers
Total assets	€243	€112k	better than 5% of 1396 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Net profit

€-371

+97.0% 18-21

Total assets

€243

-81.2% 18-21

Equity

€-180

- 18-21

Working capital

€-180

- 18-21

Debt

€423

-61.7% 18-21

Debt ≤ 1y

€423

-61.7% 18-21

Current ratio

0.57

-51.0% 18-21

Quick ratio

0.57

-51.0% 18-21

Solvency

-73.9%

- 18-21

Debt / equity

-2.35

- 18-21

ROE

206.7%

- 18-21

ROA

-152.8%

+83.8% 18-21

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Revenue	-
EBITDA	-
Net profit	€-371
Cash flow	-
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€243
Equity	€-180
Debt	€423
of which ≤ 1y	€423
of which > 1y	-
Working capital	€-180
Employees (FTE)	-

Ratios (computed)

	2021
Current ratio	0.57
Quick ratio	0.57
Working capital ratio	-73.9%
Solvency	-73.9%
Debt / equity	-2.35
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-152.8%
ROE	206.7%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€243
Current assets	29/58	€243
Cash & bank	54/58	€243
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€243
Equity	10/15	€-180
Contributions / capital	10/11	€12k
Accumulated profits (losses)	14	€-13k
Amounts payable	17/49	€423
Amounts payable within one year	42/48	€423
Trade debts payable within one year	44	€1
Income statement
Gross operating margin	9900	€278
Operating result	9901	€-213
Financial charges	65	€158
Result before taxes	9903	€-371
Net result for the period	9904	€-371
Result to be appropriated	9905	€-371

You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	STEVEN HEYLEN VLAKKE VELDEN 1, 2270 HERENT- HOUT	30-05-2023 → present	Belgian State Gazette

Legal Structure

NACE primary	Wholesale trade(46643)
Legal form	Private limited company(610)
Incorporation	13-10-2016
Status	Active
Postal code	2200
First BS signal	05-06-2023
Latest BS signal	05-06-2023

Company structure, linked entities1 linked entities

Mandates

Establishment units 1 location

TERRAM PARTNERS

Atealaan(HRT) 34, 2200 HerentalsAlgemene elektrotechnische installatiewerken

since 20162.257.404.388

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13302D0060/00S000	Flanders	17.8 ha	1 · 4.5 ha	-

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 7 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023

05-06-2023

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Turnhout · SOLID SOLAR BELGIUM BV ATEALAAN 34, 2200 HERENTALS · event 30-05-2023

2022

29-08-2022

NBB filing Annual accounts filed

fiscal year 2021 · micro

25-03-2022

State Gazette act Director changes

Frederic Van Cauwenbergh

2021

31-08-2021

NBB filing Annual accounts filed

fiscal year 2020 · micro

2020

27-10-2020

NBB filing Annual accounts filed

fiscal year 2019 · verkort

12-02-2020

NBB filing Annual accounts filed

fiscal year 2018 · micro

2018

31-08-2018

NBB filing Annual accounts filed

fiscal year 2017 · micro

Lifecycle & Insolvency Signals 1 events

05-06-2023

Bankruptcy Opening

Date: 30-05-2023 · Ondernemingsrechtbank Antwerpen, afdeling Turnhout · SOLID SOLAR BELGIUM BV ATEALAAN 34, 2200 HERENTALS · Publications in State Gazette ↗

Time machine, BS events + macro context 2021, 2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023-2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 4 years ago

2022

25-03-2022 2 directors appointed, 2 resigning Director changes·Frederic Van Cauwenbergh

MW-INVEST, Bestuurder
Van Gossum Consult, Bestuurder
ILABB, Bestuurder
KRIVDA, Bestuurder

Notary: Frederic Van Cauwenbergh · EdegemFirm: UNILEXA geassocieerde notarissen

Original publication ↗

Technical details

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Company registry (CBE) Crossroads Bank

Activities

Groothandel in elektrisch materiaal, inclusief installatiemateriaal46643Groothandel in elektrisch materiaal, inclusief installatiemateriaal46693

Primary activity highlighted.

Names & trade names

Legal nameNL

Solid Solar Belgium

Registered office

Atealaan(HRT) 34

2200 Herentals, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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