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BUGI

Bankruptcy closed Private limited companyKBO/BCE: BE 0471.762.369
BUGI
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Overview

Lifetime

18 annual accounts with figures on one time axis, 24 filings since 2001
peak €254,032 (2010)
€181,043▼ 26.6%
lowest -€54,893 (2020)
-€32,691▼ €52,621
peak €144,136 (2013)
-€95,393▼ €32,691
€160,316▼ 7.2%
peak 5.2 FTE (2009)
-not published
Board2 names since 2019
1 directorMARCOTTY Passidy
Documentsfilings and deeds
21-11-202421 days late
2024micro format
Gross margin from €246,706 to €181,043Loss of €32,691Equity from -€62,703 to -€95,393Cash from €65,647 to €27,508

Key points

from the 2024 annual accounts, the last ones filed

Equity

-€95,393 from €144,136 in 2013

Equity fell below zero in 2020.

Result

-€32,691 -€32,691
€19,9002023-€32,7002024

From profit to loss in 2024, after a profit of €19,930 in 2023.

Debts

€160,316 247% of the balance sheet
Suppliers 8%Taxes and wages 23%Other 69%
No score

Board and ownership

MP
MARCOTTY Passidy
Director
Board & ownership

Recent changes

Bankruptcy closure (by liquidation) Enterprise Court of Liège, Liège division · judgment of 27-10-2026 · Bankruptcy
Bankruptcy published Enterprise Court of Liège, Liège division · judgment of 10-07-2025 · Bankruptcy
Appointment: MARCOTTY Passidy (director) General meeting of 12-03-2020 · Gazette deed
New manager Passidy MARCOTTY appointed, Freddy Buttiens resigned · Gazette deed
All 34 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 10-07-2025
Legal form
Private limited company
Activity
“Lapublicitésoustoutessesformes” (deed in French)From the articles, 24 activitiesNo NACE code in the KBO yet
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 31-03-2024
Financial year end
31 March
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 31-03-2024

€181,043▼ 26.6%
≈ €450,000estimated
€32,691
-€95,393▼ 52.1%
€64,922▼ 41.0%
Employeeson 31-03-2024
4=
Filing
Filed on 21-11-2024
Financials

Insights on BUGI

Equity fell from €144,136 in 2013 to -€95,393 in 2024, while debts rose from €41,589 to €160,316.

On 10 July 2025 the court declared BUGI bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2024

micro format, filed on 21-11-2024, 21 days late
€181,043
▼ 26.6%
-€32,528
▼ €54,610
-€26,112
▼ €68,464
-€26,275
▼ €66,475
-146.9%
▼ 90.0 percentage points
0.37
▼ 0.20

Money flows

no detail for 2024

Balance sheet

balance sheet total €64,922 on 31-03-2024
What the company ownsHow it is paid for

in euro

in euro

Staff

€52,678

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 64,922110,11875,78191,524117,683204,362210,497178,623168,098167,352192,021185,725179,052226,525237,021241,242197,798179,121
21/28 6,20112,61731,19149,26148,68820,61145,0954,9624,5082,5596,81811,26221,59331,13241,07754,24436,24941,577
21 -5,00023,24541,50339,775-------------
22/27 4,1015,5175,8475,6586,81320,61145,0954,9624,5082,5596,81811,26221,41330,95240,89754,06434,13939,468
24 3,8865,0875,2024,6225,3863,22925,3772,3621,5173951,2852,36010,90117,24623,99833,97110,85312,988
26 2154306451,0361,42717,38219,7182,6002,9912,1645,5338,90210,51213,70616,89920,09323,28626,480
28 2,1002,1002,1002,1002,100-------1801801801802,1102,110
29/58 58,72297,50144,58942,26368,995183,751165,402173,661163,590164,793185,203174,463157,459195,393195,945186,998161,549137,544
3 1,3651,9163,5783,1481,1709913,3534,5531,6941,2492,0942,0645,0237,7238,47917,72017,43016,825
30/36 1,3651,9163,5783,1481,1709913,3534,5531,6941,2492,0942,0645,0237,7238,47917,72017,43016,825
40/41 29,84829,93816,77421,46028,521114,14864,37763,28691,12885,50964,22968,48773,73775,37042,96071,82755,25350,732
40 29,84829,93816,77421,46026,027103,59961,65160,73088,87782,44551,76159,30260,48675,36742,77261,90236,27446,062
41 ----2,49410,5482,7262,5562,2513,06312,4689,18513,25231889,92518,9794,670
54/58 27,50865,64724,23817,65539,30368,61297,671105,82270,76878,035118,880103,91278,699112,300144,50597,45188,74669,987
490/1 ----------------120-
Balance sheet: equity and liabilities
10/49 64,922110,11875,78191,524117,683204,362210,497178,623168,098167,352192,021185,725179,052226,525237,021241,242197,798179,121
10/15 -95,393-62,703-82,633-66,567-48,8136,080135,063134,387128,379126,702133,353144,136137,392110,780104,683103,452132,022117,060
10/11 18,60018,60018,60018,60018,60018,600123,840123,840123,840123,840123,83918,60018,60018,60018,60018,60018,60018,600
100 ----18,60018,600123,840123,840123,840123,840123,83918,60018,60018,60018,60018,60018,60018,600
11 ---18,600--------------
1109/19 ---18,600--------------
13 1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
130/1 1,8601,8601,8601,860--------------
130 ---1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 1,8601,8601,860---------------
14 -115,853-83,163-103,093-87,027-69,273-14,3809,3648,6882,6801,0037,654123,676116,93290,32084,22382,992111,56296,600
17/49 160,316172,821158,413158,091166,496198,28275,43444,23539,71840,64958,66841,58941,660115,744132,338137,79065,77662,062
17 -----5,54113,730-----6,15813,98221,38428,391-10,906
170/4 -----5,54113,730-----6,15813,98221,38428,391-10,906
42/48 160,316172,821158,413158,091166,496192,74160,45342,98439,14040,64957,69940,88435,046101,763110,954109,39965,77651,155
42 ----9,5488,1898,044----6,1587,82416,77710,3416,63110,90613,779
44 13,31218,06010,2574,8359,09412,42031,52220,87212,89012,82421,31512,21113,6767,35318,14331,84327,44329,833
440/4 13,31218,06010,2574,8359,09412,42031,52220,87212,89012,82421,31512,21113,6767,35318,14331,84327,44329,578
441 -----------------255
45 36,51139,52729,48033,00342,61466,89220,88722,11326,25027,82517,38322,51513,54624,69129,22417,98427,4277,543
450/3 9,74213,7885,93233,00314,87440,1422,791-7,8298,335-1,9511,18115,49221,534-3,224707
454/9 26,76925,73923,548-27,74026,75118,09522,11318,42119,49017,38320,56412,3659,1997,69017,98424,2036,836
47/48 110,493115,234118,676120,253105,240105,240----19,000--52,94153,24752,941--
492/3 ------1,2511,251579-969705456-----
Income statement
70 -----322,850388,877392,497479,405426,207363,672375,965393,154386,268430,753397,898345,271248,828
76A --67-393------0-1001626483-
9900 181,043246,706187,901151,29669,250164,047205,665193,394184,345159,037176,267171,142157,527182,103254,032213,108144,85993,331
60/61 -----158,803183,212199,104295,059267,171187,405204,823235,627204,165176,721184,790200,412155,496
62 205,445200,572181,156150,932115,631171,392185,085180,211174,772156,170141,808139,652106,62077,323155,596153,246107,82358,529
630 6,41620,27019,97714,4275255,96611,2541,9512,4764,2595,63113,39313,65312,70915,63016,69014,69311,045
631/4 ---1004,743-998-4,4661,670-5,2605002,408-4921104,523--
635/8 -------6,126----------
640/8 1,7103,7822,5142,4951,3179,3864,564-2,19010,8702,0221,9061,8691,7401,8543,0341,2551,119
66A -----390-130--1254,060---442100-
9901 -32,52822,082-15,746-16,658-52,966-23,0863,7649,4423,238-7,00226,30613,78235,38489,83880,84135,61521,08822,639
75/76B 3412641613741671311723206231,1861,0392,2671,2399583,20264508
75 3412641613741671311723206231,1861,0392,2671,2399583,20264508
65/66B 1961893831,2572,301815434325811814578891,5732,0872,3351,4852,1081,427
65 1961893831,2572,301815434325811814578891,5732,0872,3351,4852,1081,427
9903 -32,69121,904-16,065-17,754-54,893-23,7343,4619,2893,477-6,56026,9109,87436,07889,09079,62836,95419,02721,719
67/77 -1,974---102,7853,2811,799927,0003,1309,46630,05225,45512,5834,0656,551
9904 -32,69119,930-16,065-17,754-54,893-23,7446766,0081,677-6,65219,9106,74426,61259,03854,17324,37114,96215,168
9905 -32,69119,930-16,065-17,754-54,893-23,7446766,0081,677-6,65219,9106,74426,61259,03854,17324,37114,96215,168
Appropriation of the result
9906 -115,853-83,163-103,093-87,027-69,273-14,3809,3648,6882,6801,003143,587123,676116,932143,262137,164135,933111,56296,600
14P -83,163-103,093-87,027---------------
694/7 ----------135,932--52,94152,94152,941--
694 ----------135,932--52,94152,94152,941--
Social balance sheet
9087 3.9443.8444.6554.74.243.52.84.35.23.32.2
Hours worked1013 6,3386,0824,7615,7306,7996,7997,9848,6418,6838,4067,0987,0606,5044,9587,7769,1405,9563,628
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 6 older financial years (2001-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2024 (PDF), filed on 21-11-2024.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2024 annual accounts filed 21 days after the deadline. Filed on 21 November 2024, deadline 31 October 2024 (7 months after the close on 31 March 2024, Companies Code art. 3:10). Source: NBB, 2024-00602575.

Financial year Type Filed Reference Document
31-03-2024 micro format 21-11-2024 2024-00602575 PDF
31-03-2023 micro format 17-11-2023 2023-00514935 PDF
31-03-2022 micro format 02-11-2022 2022-20481658 PDF
31-03-2021 micro format 14-12-2021 2021-80100590 PDF
31-03-2020 micro format 30-11-2020 2020-73500022 PDF
31-03-2019 micro format 08-10-2019 2019-69000484 PDF
31-03-2018 micro format 25-10-2018 2018-70200326 PDF
31-03-2017 micro format 02-10-2017 2017-65600019 PDF
31-03-2016 full format 27-10-2016 2016-67000075 PDF
31-03-2015 full format 23-09-2015 2015-60100458 PDF
31-03-2014 full format 07-10-2014 2014-64500237 PDF
31-03-2013 full format 24-09-2013 2013-59600507 PDF
31-03-2012 full format 26-09-2012 2012-58800171 PDF
31-03-2011 full format 12-10-2011 2011-58000014 PDF
31-03-2010 full format 20-09-2010 2010-54700375 PDF
31-03-2009 full format 18-09-2009 2009-76600333 PDF
31-03-2008 full format 18-09-2008 2008-74000037 PDF
31-03-2007 full format 21-09-2007 2007-73000103 PDF
31-03-2006 full format 28-09-2006 2006-81203951 PDF
31-03-2005 full format 04-10-2005 2005-81300524 PDF
31-03-2004 full format 09-08-2004 2004-59101791 PDF
31-03-2003 full format 10-07-2003 2003-39300162 PDF
31-03-2002 full format 01-08-2002 2002-44300279 PDF
31-03-2001 full format 13-02-2002 2002-03800195 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202420232022202120202019201820172016201520142013201220112010200920082007
-26,11242,3524,231-2,232-52,441-17,12015,01811,3935,714-2,74331,93727,17549,038102,54896,47152,30535,78133,683
-26,27540,2003,912-3,327-54,368-17,77811,9307,9594,153-2,39325,54120,13740,26571,74869,80341,06129,65526,213
01,6961,90715,00044,1661,20051,3882,4044,42501,1863,2424,1142,7642,63636,8939,45617,276
-38,13941,4096,582-21,648-29,309-29,059-8,15135,054-7,266-40,84614,96825,213-33,601-32,20547,0548,70518,759-
-101,594-75,319-113,824-115,829-97,501-8,990104,949130,677124,450124,143127,505133,579122,41393,63184,99077,59995,77386,389
------7.2%1.0%2.4%0.7%-1.6%7.2%3.7%9.0%23.3%18.8%9.0%6.1%9.1%
-146.9%-56.9%-109.0%-72.7%-41.5%3.0%64.2%75.2%76.4%75.7%69.4%77.6%76.7%48.9%44.2%42.9%66.7%65.4%
0.370.560.280.270.410.952.744.044.184.053.214.274.491.921.771.712.462.69
0.360.550.260.250.410.952.683.934.144.023.174.224.351.841.691.552.192.36
-----32.610.560.330.310.320.440.290.301.041.261.330.500.53
------390.6%0.5%4.5%1.3%-5.2%14.9%4.7%19.4%53.3%51.7%23.6%11.3%13.0%
-50.4%18.1%-21.2%-19.4%-46.6%-11.6%0.3%3.4%1.0%-4.0%10.4%3.6%14.9%26.1%22.9%10.1%7.6%8.5%
-133.33over 10011.04---------------
-----117 days58 days56 days68 days71 days52 days58 days56 days71 days36 days57 days38 days68 days
-----29 days63 days38 days16 days18 days42 days22 days21 days13 days37 days63 days50 days70 days

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-03-202431-03-202331-03-2022
Employees at the balance-sheet date444
full-time344
part-time1--
in full-time equivalents3.944
3.944
On a permanent contract444
Joined--1
Left--1

Source: social balance sheet in the 2022 to 2024 annual accounts

Investments

fixed assets acquired
Item31-03-202431-03-202331-03-2022
Tangible fixed assets-€1,696€1,907
€6,416€20,270€19,977

Source: notes to the 2022 to 2024 annual accounts (statement of fixed assets)

Insights on BUGI

The operating result for 2024 is a loss of €32,528, after a profit of €22,082 in 2023. It is the lowest result since 2020.

Equity is negative. Debt (€160,316) exceeds the balance-sheet total (€64,922).

Board & ownership

Curator

1 mandate
Pierre Thiry
Curator, Place Du Haut-Pre 10, 4000 Liege 1
from 10-07-2025 to 27-10-2026
Also on 79 other cases

Last board

1 director, last change in 2020
MARCOTTY Passidy
Director
appointed by deed of 28-10-2019
listed in the 2024 annual accounts, filed on 21-11-2024

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
MARCOTTY Passidy
Manager
Freddy Buttiens
Manager
BoardEarliermandate already running before its first mentionBankruptcy 10-07-2025
Mandates as a list
  • MARCOTTY Passidy
    • Manager, appointed by deed of 28-10-2019, until the bankruptcy of 10-07-2025
  • Freddy Buttiens
    • Manager, until 28-10-2019

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€18,600
Source
2024 annual accounts

Articles of association

deed of 16-03-2020 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of September

Network & group

No group

BUGI has no parent and no holdings in its annual accounts. MARCOTTY Passidy is the only director. BUGI shares no director with another company.

Timeline

Timeline

34 events since 2000
2026
Bankruptcy closure (by liquidation) Enterprise Court of Liège, Liège division · judgment of 27-10-2026
2025
Bankruptcy published Enterprise Court of Liège, Liège division · judgment of 10-07-2025
2024
Annual accounts 2024 filed PDFmicro format · 21 days late
2023
Annual accounts 2023 filed PDFmicro format · 17 days late
Back to profit net €19,930 The net result is €19,930, after 4 loss-making years.
2022
Annual accounts 2022 filed PDFmicro format · 2 days late
2021
Annual accounts 2021 filed PDFmicro format · 44 days late
2020
Annual accounts 2020 filed PDFmicro format · 30 days late
Weakest financial year net -€54,893 The net result drops to -€54,893, the lowest from 2007 to 2024.
Appointment: MARCOTTY Passidy (director)General meeting of 12-03-20203 points ▸
  • Director appointment, MARCOTTY Passidy
  • General meeting, 12-03-2020
  • 300 shares
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

2019
New managerPassidy MARCOTTY appointed, Freddy Buttiens resigned3 points ▸
  • Director appointment, Passidy MARCOTTY (manager)
  • Director resignation, Freddy Buttiens (manager)
  • Registered office clause, adresse actuelle
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Annual accounts 2019 filed PDFmicro format · 23 days before the deadline
2018
Annual accounts 2018 filed PDFmicro format · 6 days before the deadline
2017
Annual accounts 2017 filed PDFmicro format · 29 days before the deadline
2016
Annual accounts 2016 filed PDFfull format · 4 days before the deadline
Back to profit net €1,677 The net result is €1,677, after one loss-making year.
2015
Annual accounts 2015 filed PDFfull format · 38 days before the deadline
2014
Annual accounts 2014 filed PDFfull format · 24 days before the deadline
2013
Annual accounts 2013 filed PDFfull format · 37 days before the deadline
2012
Annual accounts 2012 filed PDFfull format · 35 days before the deadline
Liquidity more than doubled current ratio 4.49 The current ratio rises from 1.92 to 4.49. Short-term debt falls from €101,763 to €35,046.
2011
Annual accounts 2011 filed PDFfull format · 19 days before the deadline
Highest result from 2007 to 2024 net €59,038 ▲9% The operating result of €89,838 and the net result of €59,038 are both a record.
2010
Annual accounts 2010 filed PDFfull format · 41 days before the deadline
2009
Annual accounts 2009 filed PDFfull format · 43 days before the deadline
2008
Annual accounts 2008 filed PDFfull format · 43 days before the deadline
2007
Annual accounts 2007 filed PDFfull format · 40 days before the deadline
2006
Annual accounts 2006 filed PDFfull format · 33 days before the deadline
2005
Annual accounts 2005 filed PDFfull format
2004
Annual accounts 2004 filed PDFfull format
2003
Annual accounts 2003 filed PDFfull format
2002
Annual accounts 2002 filed PDFfull format
Annual accounts 2001 filed PDFfull format
2000
Incorporation 18 publications in the Belgian Official Gazette, the last on 16-03-2020 · published on 05-05-2000

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Total assets fell from €204,362 in 2019 to €64,922 in 2024 and headcount from 4 to 3.9 full-time equivalents.1 The bankruptcy of BUGI was declared on 10 July 2025 and closed on 27 October 2026.23

  1. 1National Bank, annual accounts 2019 and 2024
  2. 2Belgian Official Gazette, 16-07-2025
  3. 3Belgian Official Gazette, 30-10-2026

Company details

Purpose, financial year and meetings according to the articles of association

Name, seat, purpose and duration

PurposeThe purpose describes the activities the company may carry out under its articles.
“Lapublicitésoustoutessesformes; LacommercialisationetlaproductionDarticlescadeauxengrosetendétail…”
24 activities
  1. Lapublicitésoustoutessesformes
  2. LacommercialisationetlaproductionDarticlescadeauxengrosetendétail
  3. LacommercialisationetlaproductionDobjetsEtdesupportspromotionnels
  4. Lacommercialisationetlaproductiondetextiles
  5. LacommercialisationetlaproductionDaccessoiresetdefournituresdebureau
  6. LacommercialisationdemachinespermettantlemarquageDobjetsstoutessesformes(impression,gravure,...)
  7. LacommercialisationetlaproductionDaccessoiresdetélécommunications
  8. Lacommercialisation,laproductionetlalocationdematérieletdelogicielsinformatiques
  9. Lacommercialisation,laproductionetlalocationdematérielmulti-média
  10. Laventedematérielinformatiqueneufoud occasion,engrosetendétail
  11. Linstallation,laconfigurationetlamaintenancederéseauxetdematérielinformatique
  12. Laconception,laréalisationetLhébergementdesitesinternet
  13. Laconception,laréalisationsurtoussupportsmultimédiaetmoyenstechniquesquelconques
  14. Laconceptionetlaréalisationdecataloguessurtoussupports
  15. LedéveloppementdelogicielpourtoussecteursDactivités(production,administratif,financier,services,...)
  16. LemarquagesurtoussupportsparprocédéDimpression,degravureouautres
  17. Lorganisationdefoires
  18. Laprisedeconcession
  19. Lamiseàdispositiondepersonnel
  20. Laformationdanstousdomaines
  21. Lasous-traitancedanstouslesdomainespouvantservirLobjetsocial
  22. Lecommerceparméthodetraditionnelleounouvelle(internet,...)
  23. LimportationetLexportationdesarticlesreprisci-dessus
  24. LexercicedumandatDadministrateurdansToutesociété
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited

General meeting and financial year

Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of September

Articles of association, deed of 16-03-2020 (in French)

Buildings and parcels at the address

Ground area
675 m²
Buildings
247 m²
Volume, LiDAR
3,227 m³
Tallest building
13.8 m
Buildings to scale, each on its own parcel
247 m², 13.8 m 247 m², 13.8 m

Inactive

BUGI is no longer in the KBO register.

Reason
Bankruptcy opened
Last annual accounts
financial year to 31 March 2024
Last registered office
Rue D'ans 56, 4000 Rocourtas published on 16 March 2020
Legal form
Private limited company
Active since
26 April 2000
Official KBO record

Location

exact location from the address register On OpenStreetMap

Parcels

Cadastral parcelArea Buildings Height / floors
62087B0161/00S002675 m² 1 · 247 m² 13.8 m · 4

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