SOYLU GROUP
Open bankruptcyA bankruptcy procedure is open for SOYLU GROUP according to publications in the Belgian State Gazette; curator: LINSE DE LEEUW.
Summary
The 2024 annual accounts show equity of €14,947 and a net result of €9,149.
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, Ghent division
- Declared bankrupt
- 19 May 2026
- Supervising judge
- Bertil Reunis
- Official Gazette
- 27-05-2026 (pdf) ↗search the document for 2026/122642
Deadlines
- Provisional date payments stopped
- 19 May 2026A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 11 June 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 18 June 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 23 June 2026Goods 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
- 19 May 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Linse De LeeuwBrusselsesteenweg 691, 9050 Gentbruggelinse.deleeuw@rylex.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
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 10% of 995 sector peers (2024).
NBB · sector comparisonPosition among 995 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 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 · 4 filingsDeviation from the deadline
2024
57 d late
2023
148 d late
2022
133 d late
2021
4 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 86 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% 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?Addresses Are there other customers at risk in your own list?Process a list How is the General maintenance and repair of cars and light vans (up to 3.5 tonnes) sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
Turnover
€875,271
EBIT margin
4.0%
Net result
€9,149▲ 1,551%
2023 · €554
Working capital
-€401▲ 94.7%
2023 · -€7,594
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Turnover€875,271
Operating result€1,004-€776▼ 22.7%€8,631▲ 1,012%€34,695▲ 302%
Net result€696within the sector's middle half-€140within the sector's middle half▼ 79.9%€554within the sector's middle half▲ 297%€9,149below the sector's middle half▲ 1,551%
EBIT margin4.0%
Equity€10,696within the sector's middle half-€10,836within the sector's middle half▲ 1.3%€14,390within the sector's middle half▲ 32.8%€14,947below the sector's middle half▲ 3.9%
Total assets€53,039below the sector's middle half-€105,359within the sector's middle half▲ 98.6%€225,230within the sector's middle half▲ 114%€279,370below the sector's middle half▲ 24.0%
Debt€42,343-€94,523▲ 123%€210,840▲ 123%€264,423▲ 25.4%
Working capital-€8,647within the sector's middle half--€1,220within the sector's middle half▲ 85.9%-€7,594within the sector's middle half▼ 523%-€401below the sector's middle half▲ 94.7%
Solvency20.2%within the sector's middle half-10.3%within the sector's middle half▼ 9.9pp6.4%below the sector's middle half▼ 3.9pp5.4%below the sector's middle half▼ 1.0pp
Current ratio0.80within the sector's middle half-0.99within the sector's middle half▲ 0.190.96within the sector's middle half▼ 0.021.00below the sector's middle half▲ 0.03
Return on assets (ROA)1.3%within the sector's middle half-0.1%within the sector's middle half▼ 1.2pp0.2%within the sector's middle half▲ 0.1pp3.3%within the sector's middle half▲ 3.0pp
Staff (FTE)2.5-
above
within
below
the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Staff figure corrected
- 2024 Left out: filed figure impossible (219,438). The filed figure means under EUR 100 of staff costs per FTE.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 302% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €279,370
Fixed assets
€17,812 ▼ 19.0%
Current assets
€261,558 ▲ 28.7%
Equity and liabilities €279,370
Equity
€14,947 ▲ 3.9%
Debt
€264,423 ▲ 25.4%
Debt's share of the balance-sheet total rises from 93.6% to 94.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€41,366▲
2023 · €13,597
Cash flow
€15,821▲
2023 · €5,520
Quick ratio
0.71▲
2023 · 0.55
Debt to equity
17.69▲
2023 · 14.65
ROE
61.2%▲
2023 · 3.9%
Interest coverage
23.74▲
2023 · 1.44
Debt ≤ 1 year
€261,959▲
2023 · €210,840
Debt > 1 year
€2,464
Income taxes
€23,803▲
2023 · €364
Staff costs
€219,438▲
2023 · €93,640
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | - | - | €875,271 | - |
| Non-recurring operating income76A | - | - | - | €29,931 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €703,497 | - |
| Remuneration, social security and pensions62 | - | €54,710 | €93,640 | €219,438 | ▲ 134% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,838 | €4,394 | €4,966 | €6,671 | ▲ 34.3% |
| Other operating charges640/8 | - | €4,034 | €2,409 | €14,909 | ▲ 519% |
| Gross operating margin9900 | €28,703 | €63,914 | €109,647 | €275,713 | ▲ 151% |
| Operating profit (loss)9901 | €1,004 | €776 | €8,631 | €34,695 | ▲ 302% |
| Financial income75/76B | - | €8 | €1,728 | - | - |
| Recurring financial income75 | €1 | €8 | €1,728 | - | - |
| Financial charges65/66B | - | €645 | €9,442 | €1,742 | ▼ 81.5% |
| Recurring financial charges65 | €117 | €645 | €9,442 | €1,742 | ▼ 81.5% |
| Profit (loss) for the period before taxes9903 | €888 | €140 | €918 | €32,953 | ▲ 3,489% |
| Income taxes67/77 | €192 | - | €364 | €23,803 | ▲ 6,436% |
| Profit (loss) for the period9904 | €696 | €140 | €554 | €9,149 | ▲ 1,551% |
| Profit (loss) for the period to be appropriated9905 | €696 | €140 | €554 | €9,149 | ▲ 1,551% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €53,039 | €105,359 | €225,230 | €279,370 | ▲ 24.0% |
| Fixed assets21/28 | €19,343 | €14,949 | €21,983 | €17,812 | ▼ 19.0% |
| Tangible fixed assets22/27 | €19,343 | €14,949 | €21,983 | €15,312 | ▼ 30.3% |
| Plant, machinery and equipment23 | - | €14,949 | €21,983 | €15,312 | ▼ 30.3% |
| Financial fixed assets28 | - | - | - | €2,500 | - |
| Current assets29/58 | €33,696 | €90,410 | €203,246 | €261,558 | ▲ 28.7% |
| Stocks and contracts in progress3 | €21,125 | €21,125 | €87,645 | €76,450 | ▼ 12.8% |
| Stocks30/36 | - | €21,125 | €87,645 | €76,450 | ▼ 12.8% |
| Amounts receivable within one year40/41 | €10,407 | €49,601 | €92,816 | €180,372 | ▲ 94.3% |
| Trade receivables40 | - | €49,305 | €92,816 | €180,372 | ▲ 94.3% |
| Other amounts receivable41 | - | €297 | - | - | - |
| Cash at bank and in hand54/58 | €2,164 | €19,684 | €22,786 | €4,736 | ▼ 79.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €53,039 | €105,359 | €225,230 | €279,370 | ▲ 24.0% |
| Equity10/15 | €10,696 | €10,836 | €14,390 | €14,947 | ▲ 3.9% |
| Contributions10/11 | €10,000 | €10,000 | €13,000 | €13,000 | = |
| Capital10 | - | - | €3,000 | - | - |
| Issued capital100 | - | - | €3,000 | - | - |
| Outside capital11 | - | €10,000 | €10,000 | - | - |
| Share premium1100/10 | - | €10,000 | €10,000 | - | - |
| Reserves13 | €696 | €836 | €1,390 | €1,390 | = |
| Non-distributable reserves130/1 | - | €696 | €696 | €696 | = |
| Legal reserve130 | - | €696 | €696 | - | - |
| Reserves not available under the articles1311 | - | - | - | €696 | - |
| Distributable reserves133 | - | €140 | €694 | €694 | = |
| Profit (loss) carried forward14 | - | - | - | €557 | - |
| Amounts payable17/49 | €42,343 | €94,523 | €210,840 | €264,423 | ▲ 25.4% |
| Amounts payable after more than one year17 | - | - | - | €2,464 | - |
| Financial debts170/4 | - | - | - | €2,464 | - |
| Amounts payable within one year42/48 | €42,343 | €91,629 | €210,840 | €261,959 | ▲ 24.2% |
| Trade debts44 | €35,044 | €49,687 | €113,453 | €175,059 | ▲ 54.3% |
| Suppliers440/4 | - | €49,687 | €113,453 | €175,059 | ▲ 54.3% |
| Advances received on contracts in progress46 | - | €18,961 | €27,961 | €9,000 | ▼ 67.8% |
| Taxes, remuneration and social security45 | - | €21,291 | €38,763 | €49,438 | ▲ 27.5% |
| Taxes450/3 | - | €15,042 | €34,149 | €49,438 | ▲ 44.8% |
| Remuneration and social security454/9 | - | €6,249 | €4,613 | - | - |
| Other amounts payable47/48 | - | €1,690 | €30,664 | €28,462 | ▼ 7.2% |
| Accrued charges and deferred income492/3 | - | €2,894 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €696 | €140 | €554 | €9,149 | ▲ 1,551% |
| + Depreciation and write-downs630 | €1,838 | €4,394 | €4,966 | €6,671 | ▲ 34.3% |
| Operating cash flow (approximation) | €2,534 | €4,533 | €5,520 | €15,821 | ▲ 187% |
| Investment in fixed assets (approximation) | - | €0 | -€12,000 | -€2,500 | ▲ 79.2% |
| Change in cash | - | €17,520 | €3,102 | -€18,050 | ▼ 682% |
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
27-05
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 19-05-2026
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 57 days late
2024
31-12
Financial
Highest result since 2021net €9,149 ▲1,551%
Operating result €34,695, net result €9,149, both a record.
27-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 148 days late
2023
13-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 133 days late
2022
31-03
Financial
Weakest financial yearnet €140 ▼79.9%
Net result drops to €140, the lowest in the series.
2021
04-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Gent · 2 establishment units since 2020
Ground area
2,178 m²
Building footprint
2,059 m²
Volume, LiDAR
12,421 m³
2 parcels, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
SERVICE 42
since 20202.308.792.119
SOYLU GROUP
since 20222.336.102.072
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44432C1214/00P005 | Flanders | 1,095 m² | 1 · 976 m² | 10.8 m · 2 fl. |
| 44807G0898/00K000 | Flanders | 1,083 m² | 1 · 1,083 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 | LINSE DE LEEUW BRUSSELSESTEENWEG 691,
9050 GENTBRUGGE |
19-05-2026 → present |
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Of 7,378 companies in sector 95311 we hold annual accounts for 2,963. 1,445 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
Founded20-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
82990Other business support services
95314Bodywork repair (including spraying and painting)
95315Tyre services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0756810133
Also
9925:BE0756810133
Registered
07-10-2025
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.