Bankrupt · Opening faillissement (CBE)

SOLUTIONS ID

BE0554919578

Rechtspersoon Private limited company 1 establishment

SOLUTIONS ID is registered with the CBE as active in: Textielveredeling. Private Limited, started on 1 July 2014, 1 establishment.

Huidevettersstraat 58-62, 1000 Brussel

Behind the company: ISABELLE FRANSES.

Start date

1 July 2014

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 1 of the last 2 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 23 % of short-term debt in 2022; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

SOLUTIONS ID from Brussel, company number BE0554919578, closed financial year 2022 with a result of € -64,691 after tax. For that financial year SOLUTIONS ID recorded a gross margin of € -13,333 and equity of € -59,488. Compared with financial year 2021, the result moved from € 6,162 to € -64,691. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2023.

What it is worth Caution

€ -59,488

▼ € 64,691 vs 2021

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -64,691

▼ still € 6,162 profit in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 9,331

▼ 22% vs 2021

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -78,038.

People and assets in 2022

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 41,691

▼ 3% vs 2021

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 4,231

▼ 27% vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt ≈ 1 years to go

€ 12,352

▼ 32% vs 2021

€ 9,461 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 78,585

▲ 147% vs 2021

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 19,204

▼ 39% vs 2021

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € 62,498 € -13,333 ▼ € 75,831
Profit after taxes € 6,162 € -64,691 ▼ € 70,853
Equity € 5,203 € -59,488 ▼ € 64,691
Total debts € 81,599 € 114,858 ▲ 41%
Cash € 12,037 € 9,331 ▼ 22%
Retained profit € -13,347 € -78,038 ▼ € 64,691
Bank debt € 18,238 € 12,352 ▼ 32%
Balance sheet total € 86,802 € 55,371 ▼ 36%

Key figures of SOLUTIONS ID, 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 SOLUTIONS ID?

What happened at SOLUTIONS ID in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

SOLUTIONS ID is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: loss of € 64,691 (▼ € 70,853 vs 2021). filed late Source: NBB ↗
  • New establishment in Brussel. KBO
  • Start of the company according to the CBE. KBO

In short

From € 6,162 profit in 2021 to € 64,691 loss in 2022.

Paid € 1,482 in corporate taxes since 2021.

Best year ever: 2021, with € 6,162 profit.

Management

ISABELLE FRANSES

Behind SOLUTIONS ID is ISABELLE FRANSES. ISABELLE FRANSES is also behind BFE GROUP and 3B BEST BELGIAN BRANDS.

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Directors

According to the 2022 annual accounts

ISABELLE FRANSES

Director

Also active at: BFE GROUP, 3B BEST BELGIAN BRANDS

Establishments

Establishment units

Physical locations of this company

Registered office

Huidevettersstraat 58-62

1000 Brussel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.

All companies at this address →

+4 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0554.919.578
VAT number
BE 0554.919.578
Registered office
Huidevettersstraat 58-62, 1000 Brussel
Names & denominations
SOLUTIONS ID
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
1 July 2014
Peppol
Not registered
Activities · NACE

Textielveredeling

Activiteiten van webportalen

Activiteiten van reclamebureaus

Overige activiteiten op het gebied van drukwerk

Webportalen

Frequently asked questions

What does SOLUTIONS ID do?
SOLUTIONS ID is registered with the CBE as active in: Textielveredeling. Private Limited, started on 1 July 2014, 1 establishment.
What is the address of SOLUTIONS ID?
The registered office of SOLUTIONS ID is located at Huidevettersstraat 58-62, 1000 Brussel.
Is SOLUTIONS ID still active?
No. The CBE lists SOLUTIONS ID with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is SOLUTIONS ID registered on Peppol?
No, SOLUTIONS ID is currently not registered on the Peppol network.
What is the enterprise number of SOLUTIONS ID?
The enterprise number of SOLUTIONS ID is BE0554919578.
When was SOLUTIONS ID founded?
SOLUTIONS ID was founded on 1 July 2014.