SOLIMAT
Open bankruptcyA bankruptcy procedure is open for SOLIMAT according to publications in the Belgian State Gazette; curator: JOHAN BOGAERT.
Summary
The 2024 annual accounts show equity of €84,353 and a net result of €131,695.
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, Dendermonde division
- Declared bankrupt
- 16 December 2025
- Supervising judge
- Tania De Neef
- Official Gazette
- 22-12-2025 (pdf) ↗search the document for 2025/153300
Curator
- Johan BogaertSchoolstraat 15, 9200 Dender- Mondebogaert.j@telenet.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- 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.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
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. Full guide for creditors
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 991 sector peers (2024).
NBB · sector comparisonPosition among 991 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
5 d early
2022
14 d early
2021
11 d early
2020
2 d early
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 6 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Rental and leasing activities sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
Equity
€84,353
2023 · -€47,343
Total assets
€875,921▲ 193%
2023 · €298,569
Net result
€131,695
2023 · -€14,916
Working capital
€28,671
2023 · -€109,086
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€1,634€27,177▲ 1,564%€10,650▼ 60.8%-€7,594€146,476
Net result-€2,621▲ 97.7%€25,206€5,650▼ 77.6%-€14,916€131,695
Equity-€63,282▼ 4.3%-€38,077▲ 39.8%-€32,427▲ 14.8%-€47,343▼ 46.0%€84,353
Total assets€540,207▼ 2.1%€501,296▼ 7.2%€464,731▼ 7.3%€298,569▼ 35.8%€875,921▲ 193%
Debt€603,489▼ 1.5%€539,373▼ 10.6%€497,158▼ 7.8%€345,912▼ 30.4%€791,568▲ 129%
Working capital-€163,984▲ 4.3%-€118,163▲ 27.9%-€105,624▲ 10.6%-€109,086▼ 3.3%€28,671
Staff (FTE)2.5▼ 19.4%2.1▼ 16.0%2.8▲ 33.3%5.3▲ 89.3%4.7▼ 11.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €146,476 after a loss of €7,594 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €875,921
Fixed assets
€60,108 ▼ 15.3%
Current assets
€815,812 ▲ 258%
Equity and liabilities €875,921
Equity
€84,353
Debt
€791,568
Debt finances 90.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€157,319▲
2023 · €8,590
Cash flow
€142,538▲
2023 · €1,267
Current ratio
1.04▲
2023 · 0.68
Debt to equity
9.38▲
2023 · -7.31
ROE
156.1%
ROA
15.0%▲
2023 · -5.0%
Interest coverage
15.33▲
2023 · 1.23
Debt ≤ 1 year
€787,141▲
2023 · €336,705
Debt > 1 year
€4,427▼
2023 · €9,207
Income taxes
€6,911▲
2023 · €352
Staff costs
€313,543▼
2023 · €387,925
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €14,638 | - | €170,100 | - |
| Remuneration, social security and pensions62 | - | €190,430 | €237,025 | €387,925 | €313,543 | ▼ 19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26,292 | €21,630 | €16,535 | €16,183 | €10,843 | ▼ 33.0% |
| Other operating charges640/8 | - | €2,015 | €3,873 | €2,479 | €2,741 | ▲ 10.6% |
| Non-recurring operating charges66A | - | €271 | - | - | - | - |
| Gross operating margin9900 | €205,269 | €241,523 | €268,083 | €398,993 | €473,602 | ▲ 18.7% |
| Operating profit (loss)9901 | €1,634 | €27,177 | €10,650 | -€7,594 | €146,476 | ▲ 2,029% |
| Financial income75/76B | - | €1,909 | €0 | €0 | €2,391 | ▲ 519,650% |
| Recurring financial income75 | €6 | €1,909 | €0 | €0 | €2,391 | ▲ 519,650% |
| Financial charges65/66B | - | €3,701 | €4,702 | €6,971 | €10,261 | ▲ 47.2% |
| Recurring financial charges65 | €4,095 | €3,701 | €4,702 | €6,971 | €10,261 | ▲ 47.2% |
| Profit (loss) for the period before taxes9903 | -€2,455 | €25,385 | €5,948 | -€14,564 | €138,606 | ▲ 1,052% |
| Income taxes67/77 | €166 | €180 | €298 | €352 | €6,911 | ▲ 1,863% |
| Profit (loss) for the period9904 | -€2,621 | €25,206 | €5,650 | -€14,916 | €131,695 | ▲ 983% |
| Profit (loss) for the period to be appropriated9905 | -€2,621 | €25,206 | €5,650 | -€14,916 | €131,695 | ▲ 983% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €540,207 | €501,296 | €464,731 | €298,569 | €875,921 | ▲ 193% |
| Fixed assets21/28 | €126,721 | €98,704 | €87,134 | €70,951 | €60,108 | ▼ 15.3% |
| Tangible fixed assets22/27 | €126,633 | €98,616 | €87,046 | €70,863 | €60,021 | ▼ 15.3% |
| Plant, machinery and equipment23 | - | €74,158 | €69,659 | €63,423 | €58,124 | ▼ 8.4% |
| Furniture and vehicles24 | - | €462 | - | - | - | - |
| Leasing and similar rights25 | - | €21,812 | €13,100 | €4,389 | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | €2,184 | €4,288 | €3,052 | €1,896 | ▼ 37.9% |
| Financial fixed assets28 | €88 | €88 | €88 | €88 | €88 | = |
| Current assets29/58 | €413,486 | €402,592 | €377,597 | €227,618 | €815,812 | ▲ 258% |
| Amounts receivable within one year40/41 | €367,908 | €384,202 | €351,285 | €219,267 | €802,739 | ▲ 266% |
| Trade receivables40 | - | €379,090 | €351,271 | €210,493 | €478,749 | ▲ 127% |
| Other amounts receivable41 | - | €5,112 | €14 | €8,774 | €323,990 | ▲ 3,593% |
| Cash at bank and in hand54/58 | €40,951 | €18,390 | €26,312 | €8,351 | €13,073 | ▲ 56.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €540,207 | €501,296 | €464,731 | €298,569 | €875,921 | ▲ 193% |
| Equity10/15 | -€63,282 | -€38,077 | -€32,427 | -€47,343 | €84,353 | ▲ 278% |
| Contributions10/11 | - | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Reserves13 | €5,000 | €5,000 | €5,000 | €5,000 | €34,353 | ▲ 587% |
| Non-distributable reserves130/1 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves not available under the articles1311 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Distributable reserves133 | - | - | - | - | €29,353 | - |
| Profit (loss) carried forward14 | -€118,282 | -€93,077 | -€87,427 | -€102,343 | €0 | ▲ 100% |
| Amounts payable17/49 | €603,489 | €539,373 | €497,158 | €345,912 | €791,568 | ▲ 129% |
| Amounts payable after more than one year17 | €26,019 | €18,617 | €13,937 | €9,207 | €4,427 | ▼ 51.9% |
| Financial debts170/4 | - | €18,617 | €13,937 | €9,207 | €4,427 | ▼ 51.9% |
| Amounts payable within one year42/48 | €577,470 | €520,756 | €483,221 | €336,705 | €787,141 | ▲ 134% |
| Current portion of amounts payable after more than one year42 | - | €17,402 | €4,680 | €17,153 | €15,310 | ▼ 10.7% |
| Financial debts43 | - | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Credit institutions430/8 | - | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Trade debts44 | €250,095 | €139,798 | €117,613 | €142,464 | €187,211 | ▲ 31.4% |
| Suppliers440/4 | - | €139,798 | €117,613 | €142,464 | €187,211 | ▲ 31.4% |
| Taxes, remuneration and social security45 | - | €94,596 | €91,123 | €51,506 | €18,801 | ▼ 63.5% |
| Taxes450/3 | - | €81,264 | €70,187 | €33,226 | €6,932 | ▼ 79.1% |
| Remuneration and social security454/9 | - | €13,332 | €20,936 | €18,281 | €11,868 | ▼ 35.1% |
| Other amounts payable47/48 | - | €168,960 | €169,805 | €25,581 | €465,818 | ▲ 1,721% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,621 | €25,206 | €5,650 | -€14,916 | €131,695 | ▲ 983% |
| + Depreciation and write-downs630 | €26,292 | €21,630 | €16,535 | €16,183 | €10,843 | ▼ 33.0% |
| Operating cash flow (approximation) | €23,671 | €46,836 | €22,185 | €1,267 | €142,538 | ▲ 11,147% |
| Investment in fixed assets (approximation) | - | €6,387 | -€4,965 | €0 | €0 | - |
| Change in cash | - | -€22,560 | €7,922 | -€17,961 | €4,722 | ▲ 126% |
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
2025
22-12
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 16-12-2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €131,695
Net result €131,695 after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €25,206
Net result €25,206 after 3 loss-making years.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet -€112,733
Net result drops to -€112,733, the lowest in the series.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
24-05
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 3 acts read
About the unread acts
We know of 3 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
3 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, Zele · 1 establishment unit since 2009
Ground area
5,166 m²
Building footprint
1,038 m²
Volume, LiDAR
5 m³
Parcel 42028A1514/00E000, Flanders · tallest building 1.0 m. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Wijnveld 9, 9240 Zele
since 20092.182.233.645
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42028A1514/00E000 | Flanders | 5,166 m² | 1 · 1,038 m² | 1.0 m |
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 | JOHAN BOGAERT SCHOOLSTRAAT 15, 9200 DENDER-
MONDE |
16-12-2025 → present |
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 100 EUR awarded · 100 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 66 EUR | 66 EUR |
| 2022 | 1 | 34 EUR | 34 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
984500M88EPBB7S15468
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Of 666 companies in sector 77320 we hold annual accounts for 491. 324 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-10-2009
Fiscal year end31-12
Activities, NACEBEL 2025
46831Wholesale of construction materials, general range
77320Rental and leasing activities
Scores and ratios are computed by Checked and are not a credit decision.