Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2021 and 2022.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2022; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
Soliver from Roeselare, company number BE0402754787, closed financial year 2022 with a result of € -26 million after tax. For that financial year Soliver recorded revenue of € 103.6 million and equity of € 114.8 million. Compared with financial year 2021, the result moved from € -17.3 million to € -26 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 19, 2023.
€ 114.8 million
▼ 18% vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -26 million
▼ 50 % more loss than in 2021
Profit after tax over the fiscal year.
€ 4.7 million
▲ 85% vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -49.4 million.
People and assets in 2022
816.8
▲ 306.9 vs 2021
Average over the fiscal year, from the social balance sheet.
€ 59 million
▲ 79% vs 2021
€ 72,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 192,884
▼ 97% vs 2021
Of which on lease € 72,096.
Debts at end 2022
€ 65,666
▼ 99% vs 2021
€ 19,917 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 141.5 million
▲ € 106.3 million vs 2021
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 280 days on average.
€ 8.3 million
▲ 16% vs 2021
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Revenue | € 56,677,182 | € 103,602,860 | ▲ 83% |
| Profit after taxes | € -17,337,935 | € -25,986,153 | ▼ € 8.6 million |
| Equity | € 140,752,565 | € 114,766,412 | ▼ 18% |
| Total debts | € 73,085,813 | € 358,160,601 | ▲ € 285.1 million |
| Cash | € 2,526,104 | € 4,667,191 | ▲ 85% |
| Land & buildings | € 12,011,439 | € 11,521,326 | ▼ 4% |
| Retained profit | € -23,417,172 | € -49,403,325 | ▼ € 26 million |
| Bank debt | € 12,500,541 | € 65,666 | ▼ 99% |
| Balance sheet total | € 213,904,622 | € 473,036,349 | ▲ 121% |
| Employees (FTE) | 509.9 | 816.8 | ▲ 306.9 |
Key figures of Soliver, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to Soliver?
What happened at Soliver in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Soliver is active according to the CBE. Legal situation: Opening faillissement.
- Luigi Neirynck stepped down as director. NBB
- Cesar Augusto Curvello Micheviz stepped down as director. NBB
- New annual accounts for financial year 2022: loss of € 26 million. filed late Source: NBB ↗
- Gustavo Musso stepped down as director. NBB
- Henrique Martins Abdala stepped down as director. NBB
- Luigi Neirynck became a director. NBB
- Gustavo Musso became a director. NBB
- New establishment in Evergem. KBO
In short
From € 17.3 million loss in 2021 to € 26 million loss in 2022.
Management
The shares are held by AGP Belgium NV (100%).
Directors
According to the 2022 annual accounts
Henrique Martins Abdala
Director
since 2021 · until 2022
Luigi Neirynck
Managing director
since 2022 · until 2028
Cesar Augusto Curvello Micheviz
Director
since 2022 · until 2028
Gustavo Musso
Director
since 2022 · until 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Groene-Herderstraat 18
8800 Roeselare
Nederzwijnaarde 2
9052 Gent
Active since 1 October 2018
Zonneweg 10
9940 Evergem
Active since 6 April 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.754.787
- VAT number
- BE 0402.754.787
- Registered office
- Groene-Herderstraat 18, 8800 Roeselare
- Names & denominations
- Soliver
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 1 January 1968
- Peppol
- Not registered
- Activities · NACE
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