SOTHOLA
Open bankruptcyA bankruptcy procedure is open for SOTHOLA according to publications in the Belgian State Gazette; curator: FRANCOIS LE GENTIL DE ROSMORDUC.
Summary
The 2014 annual accounts show equity of €1.2m and a net result of -€271,705.
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
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 16 May 2019
- Supervising judge
- Isabelle De Kerchove D’Exaerde
- Official Gazette
- 22-05-2019 (pdf) ↗search the document for 2019/126674
Deadlines
- Appeal or third-party opposition until
- passed on 6 June 2019Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 15 June 2019art. XX.104 and XX.155 CEL
- First verification report
- passed on 3 July 2019Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 16 May 2020Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Francois Le Gentil De RosmorducAvenue Louise 349/17, 1050 Bruxelles 5fderosmorduc@ensch.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.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
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.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-03-2014 was due by 31-10-2014 and was filed on 06-01-2015, 67 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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?Addresses Are there other customers at risk in your own list?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2014, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€271,705
2013 · €489,902
Working capital
-€3.0m▼ 15.1%
2013 · -€2.6m
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
Line20102011201220132014
Operating result€205,452-€180,445▼ 12.2%€238,214▲ 32.0%€983,837▲ 313%€102,679▼ 89.6%
Net result-€202,788--€209,198▼ 3.2%-€161,498▲ 22.8%€489,902-€271,705
Equity-€101,307--€310,505▼ 206%-€472,004▼ 52.0%€17,898€1.2m▲ 6,742%
Total assets€5.8m-€6.0m▲ 2.5%€5.3m▼ 10.4%€6.2m▲ 16.7%€10.1m▲ 61.5%
Debt€5.3m-€5.6m▲ 5.5%€5.2m▼ 8.2%€5.6m▲ 7.9%€8.1m▲ 46.0%
Working capital-€2.8m--€3.0m▼ 6.9%-€3.3m▼ 7.5%-€2.6m▲ 19.0%-€3.0m▼ 15.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2014; 2014 is 90% below 2013 and is the lowest result in the available series.
Balance-sheet composition
2014 in colour, 2013 as the grey bar beneath
Assets €10.1m
Fixed assets
€7.4m ▲ 51.2%
Current assets
€2.7m ▲ 98.1%
Equity and liabilities €10.1m
Equity
€1.2m ▲ 6,742%
Provisions
€735,953 ▲ 11.0%
Debt
€8.1m ▲ 46.0%
Debt's share of the balance-sheet total falls from 89.1% to 80.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€513,889▼
2013 · €1.1m
Cash flow
€139,505▼
2013 · €572,761
Current ratio
0.47▲
2013 · 0.34
Debt to equity
1.93▼
2013 · 86.56
ROE
-22.2%
ROA
-2.7%▼
2013 · 7.8%
Debt ≤ 1 year
€5.8m▲
2013 · €4.0m
Debt > 1 year
€2.4m▲
2013 · €1.5m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €68,943 | €77,087 | €118,204 | €82,859 | €411,210 | ▲ 396% |
| Gross operating margin9900 | €343,098 | €321,441 | €360,408 | €1.1m | €533,660 | ▼ 50.8% |
| Operating profit (loss)9901 | €205,452 | €180,445 | €238,214 | €983,837 | €102,679 | ▼ 89.6% |
| Recurring financial income75 | €2,186 | €3,063 | €700 | €805 | €1,625 | ▲ 102% |
| Recurring financial charges65 | €403,501 | €399,657 | €400,307 | €403,538 | €376,177 | ▼ 6.8% |
| Profit (loss) for the period before taxes9903 | -€195,863 | -€216,148 | -€161,393 | €489,961 | -€271,705 | ▼ 155% |
| Income taxes67/77 | €6,925 | -€6,950 | €106 | €59 | - | - |
| Profit (loss) for the period9904 | -€202,788 | -€209,198 | -€161,498 | €489,902 | -€271,705 | ▼ 155% |
| Profit (loss) for the period to be appropriated9905 | -€202,788 | -€209,198 | -€161,498 | €489,902 | -€198,373 | ▼ 140% |
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.8m | €6.0m | €5.3m | €6.2m | €10.1m | ▲ 61.5% |
| Fixed assets21/28 | €4.9m | €4.9m | €5.0m | €4.9m | €7.4m | ▲ 51.2% |
| Intangible fixed assets21 | - | - | - | - | €1.7m | - |
| Tangible fixed assets22/27 | €1.8m | €1.8m | €1.9m | €1.8m | €5.7m | ▲ 223% |
| Financial fixed assets28 | €3.1m | €3.1m | €3.1m | €3.1m | €50 | ▼ 100.0% |
| Current assets29/58 | €973,984 | €1.1m | €342,414 | €1.4m | €2.7m | ▲ 98.1% |
| Amounts receivable within one year40/41 | €857,276 | €996,054 | €306,953 | €1.3m | €2.3m | ▲ 74.9% |
| Cash at bank and in hand54/58 | €116,708 | €73,953 | €34,528 | €34,651 | €384,923 | ▲ 1,011% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.8m | €6.0m | €5.3m | €6.2m | €10.1m | ▲ 61.5% |
| Equity10/15 | -€101,307 | -€310,505 | -€472,004 | €17,898 | €1.2m | ▲ 6,742% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €19,860 | €19,860 | €19,860 | €19,860 | €19,860 | = |
| Profit (loss) carried forward14 | -€133,567 | -€342,765 | -€504,264 | -€14,362 | -€212,735 | ▼ 1,381% |
| Provisions and deferred taxes16 | €602,823 | €662,823 | €662,823 | €662,823 | €735,953 | ▲ 11.0% |
| Amounts payable17/49 | €5.3m | €5.6m | €5.2m | €5.6m | €8.1m | ▲ 46.0% |
| Amounts payable after more than one year17 | €1.5m | €1.5m | €1.6m | €1.5m | €2.4m | ▲ 52.4% |
| Amounts payable within one year42/48 | €3.8m | €4.1m | €3.6m | €4.0m | €5.8m | ▲ 43.5% |
| Trade debts44 | €3,870 | €24,019 | €28,094 | €1,976 | €132,156 | ▲ 6,590% |
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€202,788 | -€209,198 | -€161,498 | €489,902 | -€271,705 | ▼ 155% |
| + Depreciation and write-downs630 | €68,943 | €77,087 | €118,204 | €82,859 | €411,210 | ▲ 396% |
| Operating cash flow (approximation) | -€133,845 | -€132,112 | -€43,295 | €572,761 | €139,505 | ▼ 75.6% |
| Investment in fixed assets (approximation) | - | -€122,899 | -€226,278 | €55,461 | -€2.9m | ▼ 5,334% |
| Change in cash | - | -€42,755 | -€39,425 | €123 | €350,272 | ▲ 284,975% |
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
2026
17-03
Bankruptcy
Supervising judge replaced
Tribunal de l’entreprise francophone de Bruxelles · event 09-03-2026
2019
22-05
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 16-05-2019
2015
06-01
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 67 days late
2014
31-03
Financial
Weakest financial yearnet -€271,705
Net result drops to -€271,705, the lowest in the series.
31-03
Financial
Equity above €1mEq €1.2m ▲6,742%
Equity rises from €17,898 to €1.2m.
2013
30-09
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
31-03
Financial
Back to profitnet €489,902
Net result €489,902 after 3 loss-making years.
2012
16-11
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 16 days late
2011
28-10
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2010
10-12
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 40 days late
2009
18-12
NBB filing
Annual accounts filed
fiscal year 2009 · full schema · 48 days late
2008
03-10
NBB filing
Annual accounts filed
fiscal year 2008 · full schema
Show earlier events
2007
27-09
NBB filing
Annual accounts filed
fiscal year 2007 · full schema
2006
29-09
NBB filing
Annual accounts filed
fiscal year 2006 · full schema
2005
03-11
NBB filing
Annual accounts filed
fiscal year 2005 · full schema · 3 days late
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, Elsene
Ground area
571 m²
Building footprint
348 m²
Volume, LiDAR
6,178 m³
Parcel 21446D0194/00D008, Brussels · tallest building 20.8 m, ±6 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21446D0194/00D008 | Brussels | 571 m² | 1 · 348 m² | 20.8 m · 6 fl. |
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 | FRANCOIS LE GENTIL DE ROSMORDUC AVENUE
LOUISE 349/17, 1050 BRUXELLES 5 |
16-05-2019 → present |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded08-05-2003
Fiscal year end31-03
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.