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SOLOCO

Inactive KBO/BCE: BE 0824.581.162
SOLOCO
Follow Report

Overview

Lifetime

12 annual accounts with figures on one time axis
peak €41,748 (2012)
-€17,025▼ €15,187
lowest -€19,450 (2022)
-€19,450▼ €15,449
peak €37,498 (2013)
-€13,219▼ €19,450
€26,993▲ 45.3%
Board1 name since 2020
1 directorTim COOLS
Documentsfilings and deeds
31-01-2023on the last day
2022micro format
Gross margin from -€1,838 to -€17,025Loss of €19,450Equity from €6,232 to -€13,219Debts from €18,583 to €26,993Investments €4,864Cash from €13,802 to €5,393

Key points

from the 2022 annual accounts, the last ones filed

Losses

-€43,000 in four years
-2,8292019-16,7192020-4,0012021-19,4502022

Every financial year from 2019 to 2022 closed with a loss. 2022 was the heaviest.

Debts

€26,993 196% of the balance sheet
Suppliers 7%Taxes and wages 14%Other 80%

Filings

12 annual accounts since 2011
deadline20152020

Three of the last ten came late. The 2020 accounts came latest: 33 days after the end of the period.

No scoreTurnover not published (micro format)

Board and ownership

TC
Tim COOLS
Manager
Board & ownership

Recent changes

Bankruptcy closure (insufficient assets) Enterprise Court of Antwerp, Mechelen division · judgment of 20-01-2025 · Bankruptcy
Bankruptcy published Enterprise Court of Antwerp, Mechelen division · judgment of 18-12-2023 · Bankruptcy
Registered office moved from Borsbeek to Kessel New registered office: De Heide 13 2560 Kessel · Previous registered office: Frans Beirenslaan 227 Bus 1-2150 Borsbeek · Gazette deed
Incorporation 3 publications in the Belgian Official Gazette, the last on 24-01-2020 · Gazette deed
All 24 events

Official details

Source: KBO
Status
Inactivedeed of incorporation of 06-04-2010 · bankruptcy closed on 20-01-2025
Activity
No activity registered in the KBO
Financial year end
30 June
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 30-06-2022

-€17,025▼ 826%
€19,450▲ 386%
-€13,219
€13,774▼ 44.5%
Filing
Filed on 31-01-2023
Financials

Insights on SOLOCO

Equity fell from €37,498 in 2013 to -€13,219 in 2022, while debts rose from €22,131 to €26,993.

On 18 December 2023 the court declared SOLOCO bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2022

micro format, filed on 31-01-2023, on the day of the deadline
-€17,025
▼ €15,187
-€18,812
▼ €15,143
-€19,450
▼ €15,449
-€19,518
▼ €23,379
-96.0%
▼ 121.1 percentage points
0.28
▼ 0.93

Turnover and EBIT margin are not published. The micro format does not require them.

Balance sheet

balance sheet total €13,774 on 30-06-2022
What the company ownsHow it is paid for

in euro

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202220212020201920182017201620152014201320122011
Balance sheet: assets
20/58 13,77424,81515,36928,01133,17939,16340,30544,57941,27459,62854,34441,480
21/28 6,2992,3702,8226205711,7232,8141,3896,2915,7066,1592,352
21 6,0131,7192,195---------
22/27 2866516276205711,7232,8141,3896,2915,7066,1592,352
23 --2266205711,7232,6391,0393,0814,8805,9602,081
24 286651402---1192393,042604199271
26 ------56111167223--
29/58 7,47522,44512,54727,39132,60937,44037,49143,19034,98453,92248,18539,128
40/41 1,5387,8742,88923,7407,85523,7453,32043,02617,9193,87010,09114,335
40 1,5386,6551,0861,0861,54522,81641027,84284374310,09114,335
41 -1,2191,80322,6546,3119292,90915,18417,0763,127--
54/58 5,39313,8028,8823,08821,79813,36333,6301916,61550,05238,09424,793
490/1 5447697755632,956332541145450---
Balance sheet: equity and liabilities
10/49 13,77424,81515,36928,01133,17939,16340,30544,57941,27459,62854,34441,480
10/15 -13,2196,23210,23326,95229,78128,93728,20430,45837,07937,49835,0408,632
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
100 ---18,60018,60018,60018,60018,60018,60018,60018,60018,600
101 ---12,40012,40012,40012,40012,40012,40012,40012,40012,400
13 1,8601,8604,03320,75223,58122,73724,25824,25830,87931,29828,8402,432
130/1 1,8601,8601,860---------
130 ---1,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 1,8601,8601,860---------
133 --2,17318,89221,72120,87722,39822,39829,01929,43826,980572
14 -21,279-1,828-----2,254-----
17/49 26,99318,5835,1361,0593,39810,22612,10014,1214,19622,13119,30532,848
42/48 26,99318,5835,1361,0593,39810,22612,10014,1214,19622,13116,30532,329
44 1,7623,1544,3808671,9555062,0913,4893,8924,97211,0494,642
440/4 1,7623,1544,3808671,9555062,0913,4893,8924,97211,0494,642
46 ---------12,705--
45 3,7452,2807551921,4432,3344,1983,1313044,4542,4684,610
450/3 3,7452,2807551921,4432,3344,1983,1313044,4542,4684,610
47/48 21,48513,149---7,3865,8117,500--2,78723,077
492/3 ----------3,000519
Income statement
76A 769--1,271---65783,364--
9900 -17,025-1,838-14,684-1,6144,7204,31962811,39714,70216,45541,74826,537
630 9359447786271,6591,7891,9034,8718,0034,8463,7951,575
640/8 8528865323483483483483483481,4069111,890
66A ------445325--512-
9901 -18,812-3,669-15,994-2,5882,7132,183-1,6236,1796,35110,20337,04223,072
75/76B 136155741245070-0263
75 136155741245070-0263
65/66B 4782074591064475031469626044215642
65 4782074591064475031469626044215642
9903 -19,277-3,815-16,448-2,6372,2711,804-2,1635,8336,66913,52436,34122,433
67/77 1741872711921,4271,071912,4537,08911,0669,9340
9904 -19,450-4,001-16,719-2,829844733-2,2543,380-4192,45826,40722,432
9905 -19,450-4,001-16,719-2,829844733-2,2543,380-4192,45826,40722,432
Appropriation of the result
9906 -21,279-4,001-16,719-2,829844-1,521-2,2543,380-4192,45826,40722,432
14P -1,828-----------
791/2 -2,17316,7192,829-1,521-6,620419---
691/2 ----844----2,45826,4072,432
6920 -----------1,860
6921 ----844----2,45826,407572
694/7 -------10,000---20,000
694 -----------20,000
695 -------10,000----
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2022 (PDF), filed on 31-01-2023.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-06-2022 micro format 31-01-2023 2023-00022217 PDF
30-06-2021 micro format 28-02-2022 2022-06700524 PDF
30-06-2020 micro format 05-03-2021 2021-07100109 PDF
30-06-2019 micro format 29-01-2020 2020-02600521 PDF
30-06-2018 micro format 25-01-2019 2019-02400142 PDF
30-06-2017 micro format 29-12-2017 2017-73600423 PDF
30-06-2016 abbreviated format 06-01-2017 2017-00500164 PDF
30-06-2015 abbreviated format 04-01-2016 2016-00600121 PDF
30-06-2014 abbreviated format 31-12-2014 2014-71200381 PDF
30-06-2013 abbreviated format 24-02-2014 2014-04800414 PDF
30-06-2012 abbreviated format 29-01-2013 2013-02200328 PDF
30-06-2011 abbreviated format 09-02-2012 2012-03000348 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202220212020201920182017201620152014201320122011
-17,877-2,724-15,216-1,9614,3733,97228011,05014,35515,04940,83724,647
-18,516-3,057-15,941-2,2012,5032,522-3518,2507,5847,30530,20224,008
4,8644932,9806775076983,7733718,5884,3948,1143,928
-8,4094,9205,794-18,7108,435-20,26733,611-16,596-33,43711,95813,301-
-19,5183,8627,41126,33229,21027,21425,39029,06930,78831,79131,8816,799
-96.0%25.1%66.6%96.2%89.8%73.9%70.0%68.3%89.8%62.9%64.5%20.8%
0.281.212.4425.879.603.663.103.068.342.442.961.21
-2.980.500.040.110.350.430.460.110.590.553.81
--64.2%-163.4%-10.5%2.8%2.5%-8.0%11.1%-1.1%6.6%75.4%259.9%
-141.2%-16.1%-108.8%-10.1%2.5%1.9%-5.6%7.6%-1.0%4.1%48.6%54.1%
-37.41-----------

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item30-06-2022
Intangible fixed assets€4,864
€935

Source: notes to the 2022 annual accounts (statement of fixed assets)

Insights on SOLOCO

The operating result for 2022 is a loss of €18,812, larger than the loss of €3,669 in 2021. It is the lowest result since 2011.

Equity is negative. Debt (€26,993) exceeds the balance-sheet total (€13,774).

Board & ownership

Curator

1 mandate
Annelies Hellemans
Curator, Neetweg 24, 2220 Heist-Op- Den-Berg
from 18-12-2023 to 20-01-2025
Also on 70 other cases

Last board

1 director, last change in 2020
Tim COOLS
Manager
in office according to the deed of 24-01-2020
listed in the 2022 annual accounts, filed on 31-01-2023

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
Tim COOLS
Manager
Boardmandate already running before its first mentionBankruptcy 18-12-2023
Mandates as a list
  • Tim COOLS
    • Manager, from before 24-01-2020, until the bankruptcy of 18-12-2023

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€6,200
Source
2022 annual accounts

Network & group

No group

SOLOCO has no parent and no holdings in its annual accounts. Tim COOLS is the only director. SOLOCO shares no director with another company.

Timeline

Timeline

24 events since 2010
2025
Bankruptcy closure (insufficient assets) Enterprise Court of Antwerp, Mechelen division · judgment of 20-01-2025
2023
Bankruptcy published Enterprise Court of Antwerp, Mechelen division · judgment of 18-12-2023
Annual accounts 2022 filed PDFmicro format · on the deadline day
2022
Weakest financial year net -€19,450 The net result drops to -€19,450, the lowest from 2011 to 2022.
Annual accounts 2021 filed PDFmicro format · 28 days late
2021
Annual accounts 2020 filed PDFmicro format · 33 days late
2020
Annual accounts 2019 filed PDFmicro format · 2 days before the deadline
Registered office moved from Borsbeek to KesselNew registered office: De Heide 13 2560 Kessel · Previous registered office: Frans Beirenslaan 227 Bus 1-2150 Borsbeek1 point ▸
  • Registered-office move, De Heide 13 2560 Kessel

Open the deed in the Belgian Official Gazette

2019
Liquidity more than doubled current ratio 25.87 The current ratio rises from 9.60 to 25.87. Short-term debt falls from €3,398 to €1,059.
Annual accounts 2018 filed PDFmicro format · 6 days before the deadline
2018
Liquidity more than doubled current ratio 9.60 The current ratio rises from 3.66 to 9.60. Short-term debt falls from €10,226 to €3,398.
2017
Annual accounts 2017 filed PDFmicro format · 33 days before the deadline
Back to profit net €733 The net result is €733, after one loss-making year.
Annual accounts 2016 filed PDFabbreviated format · 25 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 27 days before the deadline
2015
Back to profit net €3,380 The net result is €3,380, after one loss-making year.
2014
Annual accounts 2014 filed PDFabbreviated format · 31 days before the deadline
Liquidity more than triples current ratio 8.34 The current ratio rises from 2.44 to 8.34. Short-term debt falls from €22,131 to €4,196.
Annual accounts 2013 filed PDFabbreviated format · 24 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 2 days before the deadline
2012
Highest result from 2011 to 2022 net €26,407 ▲17.7% The operating result of €37,042 and the net result of €26,407 are both a record.
Liquidity more than doubled current ratio 2.96 The current ratio rises from 1.21 to 2.96. Short-term debt falls from €32,329 to €16,305.
Annual accounts 2011 filed PDFabbreviated format · 9 days late
2010
Incorporation PDF3 publications in the Belgian Official Gazette, the last on 24-01-2020

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

The registered office was moved to Kessel in 2020.1 Total assets fell from €28,011 in 2019 to €13,774 in 2022.2 The bankruptcy of SOLOCO was declared on 18 December 2023 and closed on 20 January 2025.34

  1. 1Belgian Official Gazette, 24-01-2020
  2. 2National Bank, annual accounts 2019 and 2022
  3. 3Belgian Official Gazette, 22-12-2023
  4. 4Belgian Official Gazette, 24-01-2025

Company details

Inactive

SOLOCO is no longer in the KBO register.

Last annual accounts
financial year to 30 June 2022
Last registered office
Frans Beirenslaan 227, Bus 1, 2150 Borsbeek(Antw)as published on 24 January 2020
Legal form
Private limited company (pre-2019)
First annual accounts
financial year 2011
Official KBO record

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