Bankrupt · Opening faillissement (CBE)

SOLSTICE

BE0707761290

Rechtspersoon Private limited company 1 establishment

SOLSTICE is a farm in Tongeren-Borgloon. Private Limited, started on 4 October 2018, 1 establishment.

Helshovenstraat 37, 3840 Tongeren-Borgloon

Behind the company: Bert JORDENS.

Start date

4 October 2018

Warning lights

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

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

SOLSTICE from Tongeren-Borgloon, company number BE0707761290, closed financial year 2023 with a result of € 758 after tax. For that financial year SOLSTICE recorded a gross margin of € 385,707 and equity of € 243,772. Compared with financial year 2022, the result moved from € 31,542 to € 758. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2024.

What it is worth Growing

€ 243,772

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

Profit Healthy

€ 758

▼ 98% vs 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 7,810

▼ 87% vs 2022

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

Where the profit goes Growing

Stays in the company

No dividend for 2023. Retained profit grew to € 237,572.

People and assets in 2023

Full-time equivalents

3

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 160,644

▲ 95% vs 2022

€ 53,500 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.

Vehicles and equipment

€ 20,818

▼ 7% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 54 years to go

€ 4.2 million

▲ 90% vs 2022

€ 77,303 is repaid this year. At this pace the long-term loan is gone in ≈ 54 years.

Owed to suppliers

€ 291,556

▼ 79% vs 2022

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

Taxes and wages

€ 26,654

▼ 55% vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € 227,663 € 344,157 € 385,707 ▲ 12%
Profit after taxes € 108,963 € 31,542 € 758 ▼ 98%
Equity € 211,473 € 243,014 € 243,772
Total debts € 1,897,006 € 3,921,506 € 4,660,579 ▲ 19%
Cash € 5,399 € 60,917 € 7,810 ▼ 87%
Land & buildings € 1,148,591 € 1,599,654 € 1,728,568 ▲ 8%
Retained profit € 205,273 € 236,814 € 237,572
Bank debt € 752,155 € 2,200,262 € 4,173,319 ▲ 90%
Balance sheet total € 2,108,478 € 4,164,520 € 4,904,352 ▲ 18%
Employees (FTE) - - 3

Key figures of SOLSTICE, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to SOLSTICE?

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

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

  • New annual accounts for financial year 2023: profit of € 758 (▼ 98% vs 2022). filed late Source: NBB ↗
  • New establishment in Tongeren-Borgloon. KBO
  • Start of the company according to the CBE. KBO

In short

From € 108,963 profit in 2021 to € 758 profit in 2023.

Paid € 15,860 in corporate taxes since 2021.

Best year ever: 2021, with € 108,963 profit.

On average € 128,600 of value added per employee in 2023.

Management

Bert JORDENS

Behind SOLSTICE is Bert JORDENS. Bert JORDENS is also behind 't Huis Zonder Naam and Groep Jordens.

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Directors

According to the 2023 annual accounts

Bert JORDENS

Director

Also active at: 't Huis Zonder Naam, Groep Jordens

Establishments

Establishment units

Physical locations of this company

Registered office

Helshovenstraat 37

3840 Tongeren-Borgloon

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

Details

Company number
0707.761.290
VAT number
BE 0707.761.290
Registered office
Helshovenstraat 37, 3840 Tongeren-Borgloon
Names & denominations
SOLSTICE
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
4 October 2018
Peppol
Not registered
Activities · NACE

Ondersteunende activiteiten in verband met de teelt van gewassen

Bouwrijp maken van terreinen

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Overige recreatie- en ontspanningsactiviteiten, neg

Activiteiten van reisbureaus

Detailhandel in vaste, vloeibare en gasvormige brandstoffen, muv motorbrandstoffen

Handel in eigen onroerend goed

Overige detailhandel, niet in winkels en exclusief markt- en straathandel

Frequently asked questions

What does SOLSTICE do?
SOLSTICE is a farm in Tongeren-Borgloon. Private Limited, started on 4 October 2018, 1 establishment.
What is the address of SOLSTICE?
The registered office of SOLSTICE is located at Helshovenstraat 37, 3840 Tongeren-Borgloon.
Is SOLSTICE still active?
No. The CBE lists SOLSTICE 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 SOLSTICE registered on Peppol?
No, SOLSTICE is currently not registered on the Peppol network.
What is the enterprise number of SOLSTICE?
The enterprise number of SOLSTICE is BE0707761290.
When was SOLSTICE founded?
SOLSTICE was founded on 4 October 2018.