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SOLTECH

Inactive KBO/BCE: BE 0437.946.090 subsidiary of Sol Invictus Energy
SOLTECH
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Overview

Lifetime

14 annual accounts with figures on one time axis, 30 filings since 1990
peak €6.7m (2009)
-not published
lowest -€831,610 (2017)
-€444,235▼ €151,906
peak €3.0m (2007)
€174,160▼ 67.2%
€1.6m▼ 13.7%
peak 15.3 FTE (2013)
9.9 FTE▲ 13.8%
Board3 names since 2019
1 directorOlivier Leroux
Owners4 names in the annual accounts
  
Documentsfilings and deeds
23-12-2020145 days late
2019financial year
Gross margin from €245,422 to €144,182Loss of €444,235Staff from 8.7 FTE to 9.9 FTEResignation: Florent Roche (director) 24-09Equity from €530,395 to €174,160Cash from €4,152 to €32,390

Key points

from the 2019 annual accounts, the last ones filed

Equity

€174,160 from €3.0m in 2007

Equity fell by 94% in 12 years.

Filings

30 annual accounts since 1990
AprilJune31 JulyOctober199020002010

Six of the last ten came late. The 2017 accounts came latest: 366 days after the end of the period.

Final months

117 days from reorganisation to bankruptcy
  • 25-11-2020 reorganisation opened
  • 22-03-2021 declared bankrupt
  • 29-03-2021 published in the Official Gazette

No annual accounts were filed for 2020.

No score

Board and ownership

last known board
OL
Olivier Leroux
Director, last mentioned in 2020
Board & ownership

Recent changes

Bankruptcy closure (by liquidation) French-language Enterprise Court of Brussels · judgment of 29-11-2022 · Bankruptcy
Bankruptcy published French-language Enterprise Court of Brussels · judgment of 22-03-2021 · Bankruptcy
Reorganisation ended early French-language Enterprise Court of Brussels · judgment of 03-03-2021 · Judicial reorganisation
Judicial reorganisation opened French-language Enterprise Court of Brussels · collective agreement · judgment of 25-11-2020 · Judicial reorganisation
All 41 events

Official details

Source: KBO
Status
Inactivedeed of incorporation of 29-07-1989 · bankruptcy closed on 29-11-2022
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2019

€144,182▼ 41.3%
≈ €370,000estimated
€444,235▲ 52.0%
€174,160▼ 67.2%
€1.9m▼ 24.9%
9.9 FTE▲ 13.8%
Filing
Filed on 23-12-2020
Financials

Insights on SOLTECH

SOLTECH reached its highest turnover since 2006 in 2009: €6.7m. A year later it was €3.1m, and in 2011 still €3.0m.

Equity fell from €3.0m in 2007 to €174,160 in 2019.

On 25 November 2020 the court opened a judicial reorganisation. 117 days later came the bankruptcy.

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

Financials

Annual accounts 2019

full format, filed on 23-12-2020, 145 days late
€144,182
▼ 41.3%
-€414,049
▼ €189,273
-€381,658
▼ €190,769
-€411,844
▼ €153,402
9.4%
▼ 12.1 percentage points
0.97
▼ 0.19

The turnover shown is an estimate from the gross margin.

Turnover ≈ €370,000. Estimated: probably between €220,000 and €690,000.

Amounts without an identifiable currency are taken as euros.

Money flows

no detail for 2019

Balance sheet

balance sheet total €1.9m on 31-12-2019
What the company ownsHow it is paid for

in euro

in euro

Staff

Men and women

Not in that year's accounts.

€51,184

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2019, 4 people joined and 4 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 1.9m2.5m3.9m4.1m7.8m1.3m1.1m1.4m1.8m2.8m4.4m4.5m5.2m1.6m
20 0--0----3811,1801,9802,7793,578-
21/28 284,575316,966350,8521.0m76,039125,586245,742440,583772,8531.3m1.5m1.3m383,703431,949
21 278,102303,641331,8161.0m16,84437,62864,37484,097101,42397,67249,94827,19822,43015,905
22/27 9637,81413,52625,26059,18587,958181,368356,486609,441846,3271.1m986,28343,170101,519
22 0-------------
23 9635,5826,87412,19732,62549,73575,897112,107100,68669,14674,31541,07811,21810,462
24 0-3921,7524,7635,69614,11516,20316,12520,09842,26455,5289,4156,662
26 02,2326,26011,31121,79732,52743,25853,98964,71975,45047,69454,39722,5365,586
27 0----------131,015--
28 5,5105,5105,5101,53510---61,607314,625314,625314,625314,525314,525
284/8 --------61,607314,625314,625314,625314,525314,525
284 --------61,607314,625314,625314,625314,525314,525
29/58 1.6m2.2m3.6m3.1m7.7m1.2m812,256950,6091.0m1.6m2.9m3.1m4.8m1.1m
290 0-------------
291 0-------------
3 101,845150,974213,696255,791217,514285,062368,027450,243426,524667,7371.2m1.5m2.0m630,689
30/36 101,845149,894170,103234,235192,274266,546338,467364,997357,767592,732966,9031.4m1.9m565,534
30/31 -------211,030154,350168,799207,573265,20077,99699,022
33 -------2,7745,5897,76618,65067,64821,35214,846
34 -------151,192197,828416,167393,179981,8831.7m451,665
36 ----------347,500121,62552,125-
37 01,08043,59321,55625,24018,51529,56085,24668,75775,005217,04771,375119,14765,155
40/41 1.4m2.0m3.3m2.8m6.7m855,159305,307471,386330,628236,731733,866535,765712,596505,965
40 200,906608,2981.3m1.1m4.9m803,206270,182439,647322,578235,796729,405522,826531,897369,807
41 1.2m1.4m2.0m1.6m1.8m51,95335,12531,7398,0509354,46212,939180,699136,158
50/53 24524548,69351,86248,39648,39662,765156,906106,717604,428786,9461.9m60
51/53 -------156,906106,717604,428786,9461.9m60
54/58 32,3904,15237,67016,857668,99226,10856,8199,420190,308540,127366,363299,120125,9402,197
490/1 13,53714,14311,7116,02516,2988,15719,33819,55917,94919,14423,6531,55916,1687,601
Balance sheet: equity and liabilities
10/49 1.9m2.5m3.9m4.1m7.8m1.3m1.1m1.4m1.8m2.8m4.4m4.5m5.2m1.6m
10/15 174,160530,395822,7241.7m1.6m583,743477,673461,5041.0m1.8m2.5m2.7m3.0m1.0m
10/11 1.8m1.8m1.8m1.8m1.8m1.8m1.8m1.8m2.8m2.8m2.8m2.8m2.8m772,634
100 1.8m1.8m1.8m1.8m1.8m1.8m1.8m1.8m2.8m2.8m2.8m2.8m2.8m772,634
101 0-------------
11 0-------------
1100/10 0-------------
12 0-------------
13 22,41522,41522,41622,41621,30421,30421,30321,30421,30421,30421,30421,30421,30420,100
130 21,30421,30421,30421,30421,30421,30421,30321,30421,30421,30421,30421,30421,30420,100
1312 0-------------
1319 0-------------
132 1,1121,1121,1121,112----------
133 0-------------
14 -1.7m-1.2m-957,452-125,842-203,939-1.2m-1.3m-1.3m-1.8m-1.0m-263,532-122,159244,648221,786
15 88,000-------------
16 59,01659,01659,01657,91055,36654,96852,79355,19767,50635,088102,25511,78611,78618,286
160/5 59,01659,01659,01657,91055,36654,96852,79355,19767,50635,088102,25511,78611,78618,286
160 0-------------
161 0-------------
162 0-------------
163 059,01659,016-----------
164/5 59,016--57,910---55,19767,50635,088102,25511,78611,78618,286
168 0-------------
17/49 1.6m1.9m3.1m2.4m6.1m709,756527,532874,490706,6351.0m1.7m1.8m2.1m545,655
17 -------90,492209,760422,014622,940413,689--
170/4 -------90,492209,760422,014622,940413,689--
172 -------64,387209,760422,014622,940413,689--
173 -------26,106------
175 0-------------
176 0-------------
178/9 0-------------
42/48 1.6m1.9m3.0m2.4m6.1m668,669428,120727,329459,531532,7881.1m1.3m2.1m539,770
42 0-----64,387168,631212,254200,926190,203106,476-38,997
43 528,585508,733540,000524,001---109,104---600,000-134,122
430/8 528,585508,733-----109,104-----134,122
439 0-540,000524,001-------600,000--
44 723,7181.2m2.2m1.7m5.9m313,935277,365288,370142,012138,819638,502286,1531.7m169,721
440/4 723,7181.2m2.2m1.7m5.9m313,935277,365288,370142,012138,819638,502286,1531.7m169,721
441 0-------------
46 0-128,98427,0211,50636,05929,65291,3607,29725,133118,893225,518336,385147,961
45 279,84082,76148,27146,72076,832272,62856,71669,86397,969167,910124,283102,35330,34119,882
450/3 184,49341,911573-10,25735,69713212-89,87353,95349,207--
454/9 95,34740,85047,69846,72066,575236,93156,58469,85197,96978,03870,33053,14630,34119,882
47/48 89,40996,531137,918121,100142,86746,047----14,00014,00043,08829,088
492/3 014,72112,127-12,00041,08799,41256,66937,34471,90336,96230,25310,3175,885
Income statement
70/76A -------2.9m3.0m3.1m6.9m5.3m2.5m2.1m
70 ---1.2m---2.9m3.0m3.1m6.7m5.2m2.4m2.2m
71 -------13,674-8,425-191,095134,843-1,47660,498-65,175
72 -------17,06941,12493,68624,957-26,000-
76A 232,81322,954-72,5008,282-600,000----1,200--
9900 144,182245,422585,7661.0m2.3m878,789619,080-------
60/66A -------3.4m3.5m3.8m7.0m5.6m2.5m2.1m
60/61 ---1.7m----------
60 -------1.5m1.6m2.0m4.9m4.0m1.7m1.4m
600/8 -------1.5m1.3m2.0m4.3m3.4m2.9m1.4m
609 --------10,045232,78845,894616,224561,849-1.3m-36,641
61 -------731,382675,684643,055888,682893,507461,160406,917
62 506,718433,680504,759528,886526,536598,439914,618824,607835,637795,693745,047558,455253,572240,890
630 32,39133,88718,988117,82360,099125,493213,879346,133344,890338,303276,217172,131110,336103,064
631/4 0595185,492267,378883-40,1904,20617,842-68,27568,27525,887--
635/8 0-1,1062,5443982,176-2,404-12,30932,419-67,16790,469--6,500-66,214
640/8 8,2242,0362,57013,57910,99315,55113,78914,88117,088134,41410,80023,3331,7191,976
649 0-------------
66A 10,897-670,0017,000---11,673261,8331571,295678--
9901 -414,049-224,776-797,15096,7991.7m137,131-560,992-511,848-443,968-717,691-101,815-365,4001,92888,743
75/76B 15826282462411121688533,41514,48842,61343,03635,0836,704
75 15826282462411121688533,41514,48842,61343,03635,0836,704
750 ------------32,171-
751 -------3279151,54228,07737,920-1
752/9 -------5262,50012,94614,5365,1162,9126,703
76B 0-------------
65/66B 29,75467,81433,96917,660685,48531,14821,47336,85445,05358,58080,87643,98014,04224,763
65 29,75467,81433,96917,660685,48531,14821,47336,85445,05358,58080,87643,98014,04224,763
650 -------28,36936,50845,01047,12636,0499,6638,682
652/9 -------8,4858,54613,57033,7497,9314,38016,081
66B 0-------------
9903 -443,645-292,328-831,03779,185991,386106,09517,703-559,523-747,440-761,940-141,372-365,82222,96970,684
67/77 5900573-245241,533----986-1,0978,979
670/3 -----------986-9,090
77 ------------1,097111
9904 -444,235-292,329-831,61079,209991,381106,07016,170-559,523-747,440-761,940-141,372-366,80824,06661,705
789 0-------------
689 0--1,112----------
9905 -444,235-292,329-831,61078,097991,381106,07016,170-559,523-747,440-761,940-141,372-366,80824,06661,705
Appropriation of the result
9906 -1.7m-1.2m-957,452-125,842-203,939-1.2m-1.3m-2.3m-1.8m-1.0m-263,532-122,159245,852224,871
791/2 0------1.0m------
791 -------1.0m------
691/2 ------------1,2033,085
691 0-------------
6920 0-----------1,2033,085
6921 0-------------
694 0-------------
695 0-------------
696 0-------------
Social balance sheet
9087 9.98.710.71111.412.215.314.513.81413.810.54.85.4
Men (FTE)1003 -------9.7------
Women (FTE)1003 -------4.8------
Agency workers1501 -------5.84.51.78.34.765.5
Hours worked1013 14,74413,31215,26215,14214,08117,34923,30523,25823,33823,25522,13617,5918,1859,128
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 16 older financial years (1990-2005) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2019 (PDF), filed on 23-12-2020.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2019 annual accounts filed 145 days after the deadline. Filed on 23 December 2020, deadline 31 July 2020 (7 months after the close on 31 December 2019, Companies Code art. 3:10). Source: NBB, 2020-77000031.

Financial year Type Filed Reference Document
31-12-2019 full format 23-12-2020 2020-77000031 PDF
31-12-2018 full format 21-10-2019 2019-70900184 PDF
31-12-2017 full format 01-08-2019 2019-43000078 PDF
31-12-2016 full format 04-01-2018 2018-00300230 PDF
31-12-2015 full format 14-07-2016 2016-31100570 PDF
31-12-2014 full format 27-08-2015 2015-48400404 PDF
31-12-2013 full format 30-01-2015 2015-03700260 PDF
31-12-2012 full format 18-06-2013 2013-19000522 PDF
31-12-2011 full format 31-05-2012 2012-13900164 PDF
31-12-2010 full format 16-05-2011 2011-11400114 PDF
31-12-2009 full format 18-05-2010 2010-12300467 PDF
31-12-2008 full format 16-06-2009 2009-25600179 PDF
31-12-2007 full format 05-08-2008 2008-54800131 PDF
31-12-2006 full format 05-07-2007 2007-39300138 PDF
31-12-2005 full format 19-07-2006 2006-49602286 PDF
31-12-2004 full format 18-07-2005 2005-50702490 PDF
31-12-2003 full format 02-06-2004 2004-18701476 PDF
31-12-2002 full format 13-06-2003 2003-23104956 PDF
31-12-2001 full format 10-06-2002 2002-18701661 PDF
31-12-2000 full format 11-06-2001 2001-19202918 PDF
31-12-1999 unclassified schema 26-05-2000 2000-15200040 PDF
31-12-1998 unclassified schema 10-06-1999 1999-15904979 PDF
31-12-1997 unclassified schema 08-06-1998 1998-14500064 PDF
31-12-1996 unclassified schema 01-07-1997 1997-23900013 PDF
31-12-1995 unclassified schema 24-05-1996 1996-09605401 PDF
31-12-1994 unclassified schema 06-06-1995 1995-11805155 PDF
31-12-1993 unclassified schema 16-06-1994 1994-15604973 PDF
31-12-1992 unclassified schema 23-06-1993 1993-16101580 PDF
31-12-1991 full format 26-05-1992 1992-07103312 PDF
31-12-1990 full format 24-05-1991 1991-06102740 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20192018201720162015201420132012201120102009200820072006
-381,658-190,889-778,162214,6221.7m262,624-347,113-165,715-99,078-379,388174,402-193,270112,264191,807
-411,844-258,442-812,622197,0321.1m231,563230,049-213,390-402,550-423,637134,845-194,677134,401164,769
015,5001.1m10,5525,33719,03985,433113,310131,925411,5151.1m58,09312,408
28,238-33,51820,813-652,135642,884-30,71147,399-180,889-349,819173,76467,243173,180123,743-
-51,399287,166543,015676,3771.6m554,213384,136223,280562,7841.0m1.8m1.8m2.7m606,742
---8.1%----17.9%-15.0%-23.0%-1.5%-7.0%0.1%4.0%
9.4%21.5%20.9%40.1%20.3%43.3%45.1%33.2%56.9%62.5%57.8%59.9%59.0%64.3%
0.971.151.181.281.261.831.901.312.222.952.682.352.282.12
0.911.071.111.171.221.401.040.691.301.691.591.221.320.96
9.313.543.711.463.901.221.101.890.690.580.690.670.690.54
-255.1%-55.1%-101.1%4.8%62.9%18.2%3.4%-121.2%-73.2%-43.1%-5.6%-13.7%0.8%6.1%
-24.0%-11.8%-21.1%1.9%12.8%7.9%1.5%-40.2%-41.6%-26.9%-3.2%-8.2%0.5%3.9%
--------5.84-2.71-8.433.70-5.3611.6222.09
---353 days---56 days40 days28 days40 days36 days81 days62 days
---355 days---47 days23 days19 days40 days22 days287 days35 days

EBIT margin: not included in this filing.

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.

Insights on SOLTECH

The operating result for 2019 is a loss of €414,049, larger than the loss of €224,776 in 2018.

Debt's share of the balance-sheet total rises from 76.1% to 87.4%. Equity and debt are lower.

Board & ownership

Curator

1 mandate
Emmanuelle Bouillon
Curator, Chaussee De La Hulpe 187, 1170 Bruxelles 17
from 22-03-2021 to 29-11-2022
Also on 194 other cases

Mandates through the years

3 names
Olivier Leroux
Managing director
Florent Roche
Director
Jérôme Alba
Managing director
Earliermandate already running before its first mentionend not datedBankruptcy 22-03-2021
Mandates as a list
  • Olivier Leroux
    • Director, appointed by deed of 28-02-2020, last mentioned in 2020
    • Managing director, appointed by deed of 28-02-2020, last mentioned in 2020
  • Florent Roche
    • Director, until 24-09-2019
  • Jérôme Alba
    • Director, until 01-07-2019
    • Managing director, until 01-07-2019

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

Control

Consolidating parent
Sol Invictus Energy
consolidates
This company
SOLTECH
Equity €174,160
Loss €444,235 in 2019

and 1 other shareholder

Capital

Capital
€1,757,760
Source
2019 annual accounts

Owners through the years

as the annual accounts name them
SOL INVICTUS ENERGY
93%93%
93%
FIDIMEC
7.65% until 2016
ELECTRABEL
consolidates51%
51% until 2012
WIENERBERGER
41.23%
41.23% until 2011
Owners as a list

Source: shareholder structure in its own accounts, parent in its own accounts, lists of holdings in the owners' accounts

Shareholders

3 owners

Owners 3

Office holders in the KBO →

Network & group

Holdings

own 2016 accounts, the bar shows equity in euros
This companySOLTECH1 holding, 1 country 2016 accounts

Africa 1 Equity Result

  • BF Zano Energies Nouvelles Sarl €1 result €1

Source: list of holdings in its own 2016 accounts. The amounts are in that list and come from the holdings' accounts at 31-12-2015, in their own currency.

Parent

Sol Invictus Energy
0503.950.236 · equity -€713,073 · loss €140,434 (2020)
bankrupt on 20-12-2021

Holdings through the years

2015 to 2016
Holdings through the years
Name20152016
Zano Energies Nouvelles SarlBF 100%
GREENWATT 100%
Soltech NakhitchevanAZ 100%

Source: list of holdings in its own accounts

Connections & network

Depth

The network starts from the shareholders of SOLTECH. Every company they also own or run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

41 events since 1989
2022
Bankruptcy closure (by liquidation) French-language Enterprise Court of Brussels · judgment of 29-11-2022
2021
Bankruptcy published French-language Enterprise Court of Brussels · judgment of 22-03-2021
Reorganisation ended early French-language Enterprise Court of Brussels · judgment of 03-03-2021
2020
Annual accounts 2019 filed PDFfull format · 145 days late
Judicial reorganisation opened French-language Enterprise Court of Brussels · collective agreement · judgment of 25-11-2020
Registered office moved within BrusselsNew registered office: Avenue Louise 65 bte 11, 1050 Bruxelles · Previous registered office: Rue du Lac 37, Boite 23-1000 Bruxelles (Belgique) · Resignation: Jérôme Alba (managing director) · Board meeting of 24-12-20199 points ▸

Open the deed in the Belgian Official Gazette

2019
Annual accounts 2018 filed PDFfull format · 82 days late
Resignation: Florent Roche (director)1 point ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2017 filed PDFfull format · 366 days late
2018
Annual accounts 2016 filed PDFfull format · 157 days late
2017
Weakest financial year net -€831,610 The net result drops to -€831,610, the lowest from 2006 to 2019.
2016
Annual accounts 2015 filed PDFfull format · 17 days before the deadline
2015
Highest result from 2006 to 2019 net €991,381 ▲835% The operating result of €1.7m and the net result of €991,381 are both a record.
Annual accounts 2014 filed PDFfull format · 27 days late
Annual accounts 2013 filed PDFfull format · 183 days late
2013
Back to profit net €16,170 The net result is €16,170, after 5 loss-making years.
Annual accounts 2012 filed PDFfull format · 43 days before the deadline
2012
Annual accounts 2011 filed PDFfull format · 61 days before the deadline
2011
Annual accounts 2010 filed PDFfull format · 76 days before the deadline
2010
Annual accounts 2009 filed PDFfull format · 74 days before the deadline
2009
Annual accounts 2008 filed PDFfull format · 45 days before the deadline
2008
Annual accounts 2007 filed PDFfull format · 5 days late
2007
Equity above €2m equity €3.0m ▲200% With a profit in every financial year since 2006, equity grows to €3.0m.
Annual accounts 2006 filed PDFfull format · 26 days before the deadline
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2003
Annual accounts 2002 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2001
Annual accounts 2000 filed PDFfull format
2000
Annual accounts 1999 filed PDFunclassified schema
1999
Annual accounts 1998 filed PDFunclassified schema
1998
Annual accounts 1997 filed PDFunclassified schema
1997
Annual accounts 1996 filed PDFunclassified schema
1996
Annual accounts 1995 filed PDFunclassified schema
1995
Annual accounts 1994 filed PDFunclassified schema
1994
Annual accounts 1993 filed PDFunclassified schema
1993
Annual accounts 1992 filed PDFunclassified schema
1992
Annual accounts 1991 filed PDFfull format
1991
Annual accounts 1990 filed PDFfull format
1989
Incorporation 47 publications in the Belgian Official Gazette, the last on 28-02-2020

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

In 2020 the registered office moved to Brussels.1 SOLTECH has filed 30 sets of annual accounts, the latest for financial year 2019.2 The company was declared bankrupt on 22 March 2021. The bankruptcy was closed on 29 November 2022.34

  1. 1Belgian Official Gazette, 28-02-2020
  2. 2National Bank, annual accounts 2019
  3. 3Belgian Official Gazette, 29-03-2021
  4. 4Belgian Official Gazette, 07-12-2022

Company details

Inactive

SOLTECH is no longer in the KBO register.

Last annual accounts
financial year to 31 December 2019
Last registered office
Rue Du Lac 37, Bte 23, 1000 Bruxellesas published on 28 February 2020
Legal form
Public limited company
First annual accounts
financial year 1990
Official KBO record

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