Soly Belgium Operations
A bankruptcy procedure is open for Soly Belgium Operations according to publications in the Belgian State Gazette. The 2024 annual accounts show negative equity (€-3.13M) and a net result of €-701k.
| Equity | €-3.13M |
| Net result | €-701k |
| Active | 4 yrs |
| Locations | 1 |
Fragile profile — watch health in particular.
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.
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See plans →| Fiscal year | 2024 |
|---|---|
| Revenue | — |
| EBITDA | €-657k |
| Net profit | €-701k |
| Cash flow | €-698k |
| Staff costs | €0 |
| Income taxes | €0 |
| Dividends | — |
| Total assets | €148k |
| Equity | €-3.13M |
| Debt | €3.28M |
| of which ≤ 1y | €3.28M |
| of which > 1y | — |
| Working capital | €-3.15M |
| Employees (FTE) | 0.0 |
| 2024 | |
|---|---|
| Current ratio | 0.04 |
| Quick ratio | 0.04 |
| Working capital ratio | -2129.5% |
| Solvency | -2113.8% |
| Debt / equity | -1.05 |
| Long-term debt ratio | — |
| Interest coverage | -16.04 |
| Gross margin | — |
| Net margin | — |
| ROA | -473.4% |
| ROE | 22.4% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €148k |
| Fixed assets | 21/28 | €24k |
| Intangible fixed assets | 21 | €9k |
| Financial fixed assets | 28 | €15k |
| Current assets | 29/58 | €124k |
| Stocks & contracts in progress | 3 | €0 |
| Amounts receivable within one year | 40/41 | €122k |
| Cash & bank | 54/58 | €684 |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €148k |
| Equity | 10/15 | €-3.13M |
| Contributions / capital | 10/11 | €100k |
| Accumulated profits (losses) | 14 | €-3.23M |
| Provisions & deferred taxes | 16 | €0 |
| Amounts payable | 17/49 | €3.28M |
| Amounts payable within one year | 42/48 | €3.28M |
| Trade debts payable within one year | 44 | €682k |
| Income statement | ||
| Gross operating margin | 9900 | €-654k |
| Operating result | 9901 | €-660k |
| Financial charges | 65 | €41k |
| Result before taxes | 9903 | €-701k |
| Income taxes | 67/77 | €0 |
| Net result for the period | 9904 | €-701k |
| Result to be appropriated | 9905 | €-701k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | DIRK DEVROE KROMVENDREEF 15, 2900 SCHOTEN- |
30-10-2025 → present | Belgian State Gazette |
| Curator | BORG MOESTERMANS SUIKERRUI 5,
2000 ANTWERPEN 1 |
20-06-2024 → present | Belgian State Gazette |
| NACE primary | Wholesale trade(46140) |
| Legal form | Private limited company(610) |
| Incorporation | 23-06-2022 |
| Status | Active |
| Postal code | 2000 |
| First BS signal | 26-06-2024 |
| Latest BS signal | 05-11-2025 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1206/00B008 | Flanders | 544 m² | 1 · 547 m² | 33.8 m · 7 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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| Legal nameNL | Soly Belgium Operations |