Bankrupt · Opening faillissement (CBE)

INFINITE SOLUTIONS

BE0866557517

Rechtspersoon Public limited company 1 establishment

INFINITE SOLUTIONS is an IT company in Oudergem. Public Limited, started on 28 July 2004, 1 establishment.

Kleine Wijngaardstraat 138, 1160 Oudergem

Behind the company: RICHARD LOUVET.

Start date

28 July 2004

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 3 of the last 3 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 32 % of short-term debt in 2023; threshold 65 %.

  • Shrinking team NBB

    FTE fell two years in a row, from 4.1 to 2.3.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

INFINITE SOLUTIONS from Oudergem, company number BE0866557517, closed financial year 2023 with a result of € 36,661 after tax. For that financial year INFINITE SOLUTIONS recorded a gross margin of € 276,552 and equity of € -275,499. Compared with financial year 2022, the result moved from € 7,057 to € 36,661. Profitable, and profit is growing. 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 28, 2024.

What it is worth Caution

€ -275,499

▲ € 36,661 vs 2022

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

Profit Growing

€ 36,661

▲ € 29,604 vs 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 53,916

▼ 18% 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 € -475,499.

People and assets in 2023

Full-time equivalents

2.3

▼ 1.5 vs 2022

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

Wage cost

€ 208,624

▼ 28% vs 2022

€ 90,700 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

€ 259

▼ 76% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 240,636

▲ 40% vs 2022

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

Taxes and wages

€ 615,854

▼ 16% 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 € 386,596 € 362,029 € 276,552 ▼ 24%
Profit after taxes € -19,596 € 7,057 € 36,661 ▲ € 29,604
Equity € -319,217 € -312,160 € -275,499 ▲ € 36,661
Total debts € 988,252 € 904,690 € 856,490 ▼ 5%
Cash € 3,737 € 65,538 € 53,916 ▼ 18%
Retained profit € -519,217 € -512,160 € -475,499 ▲ € 36,661
Bank debt € 68,193 € 0 € 0
Balance sheet total € 669,035 € 592,531 € 580,991 ▼ 2%
Employees (FTE) 4.1 3.8 2.3 ▼ 1.5

Key figures of INFINITE SOLUTIONS, 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 INFINITE SOLUTIONS?

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

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

  • New annual accounts for financial year 2023: profit of € 36,661 (▲ € 29,604 vs 2022). filed late Source: NBB ↗
  • New establishment in Oudergem. KBO
  • Start of the company according to the CBE. KBO

In short

From € 19,596 loss in 2021 to € 36,661 profit in 2023.

Paid € 1,949 in corporate taxes since 2021.

Best year ever: 2023, with € 36,661 profit.

On average € 120,200 of value added per employee in 2023.

Management

RICHARD LOUVET
INFINITE SOLUTIONS

Behind INFINITE SOLUTIONS is RICHARD LOUVET. RICHARD LOUVET is also behind LOUANDRE.

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Directors

According to the 2023 annual accounts

RICHARD LOUVET

Managing director

Also active at: LOUANDRE

Establishments

Establishment units

Physical locations of this company

Registered office

Kleine Wijngaardstraat 138

1160 Oudergem

2.269.304.211

Kleine Wijngaardstraat 138 box 2ET

1160 Oudergem

Active since 20 January 2015

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

Details

Company number
0866.557.517
VAT number
BE 0866.557.517
Registered office
Kleine Wijngaardstraat 138, 1160 Oudergem
Names & denominations
INFINITE SOLUTIONS
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
28 July 2004
Peppol
Not registered
Activities · NACE

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Frequently asked questions

What does INFINITE SOLUTIONS do?
INFINITE SOLUTIONS is an IT company in Oudergem. Public Limited, started on 28 July 2004, 1 establishment.
What is the address of INFINITE SOLUTIONS?
The registered office of INFINITE SOLUTIONS is located at Kleine Wijngaardstraat 138, 1160 Oudergem.
Is INFINITE SOLUTIONS still active?
No. The CBE lists INFINITE SOLUTIONS 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 INFINITE SOLUTIONS registered on Peppol?
No, INFINITE SOLUTIONS is currently not registered on the Peppol network.
What is the enterprise number of INFINITE SOLUTIONS?
The enterprise number of INFINITE SOLUTIONS is BE0866557517.
When was INFINITE SOLUTIONS founded?
INFINITE SOLUTIONS was founded on 28 July 2004.