Docteur Bourgonjon
ActiveDocteur Bourgonjon has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-40k) and a net result of €15k. Equity is shrinking by ~33.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 16527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.65 against 0.22 in 2024; short-term debt: 126.6% and cash: 79.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-110.6%
Return on assets
40.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 16527 sector peers (2025).
NBB · sector comparisonPosition among 16527 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
48 d early
2023
34 d early
2022
47 d early
2021
8 d late
2020
26 d late
2019
32 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€122k
EBIT margin
-30.1%
Net result
€15k
2024 · €-36k
2018: €-2k
2019: €-521
2020: €6k
2021: €-6k
2022: €-62k
2023: €-26k
2024: €-36k
2018 → 2025
Working capital
€-16k▲ 56.9%
2024 · €-36k
2018: €-10k
2019: €-29k
2020: €-21k
2021: €-16k
2022: €16k
2023: €-6k
2024: €-36k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€122k
Equity€70k-€8k▼ 88.5%€-18k€-54k▼ 201%€-40k▲ 27.0%
Operating result€-4k-€-61k▼ 1,282%€-24k▲ 60.9%€-37k▼ 55.0%€15k
Net result€-6k-€-62k▼ 955%€-26k▲ 58.1%€-36k▼ 38.8%€15k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €15k after a loss of €37k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €36k
Fixed assets
€6k▼ 56.2%
Current assets
€30k▲ 183%
Key figures and ratios
EBITDA
€23k▲
2024 · €-24k
Cash flow
€23k▲
2024 · €-23k
Solvency
-110.6%▲
2024 · -219.9%
Current ratio
0.65▲
2024 · 0.22
Quick ratio
0.65▲
2024 · 0.22
Debt / equity
-1.90▼
2024 · -1.45
ROA
40.8%▲
2024 · -146.9%
Interest coverage
32.32▲
2024 · -66.38
Debt
€75k▼
2024 · €79k
Debt ≤ 1 year
€45k▼
2024 · €47k
Debt > 1 year
€30k=
2024 · €30k
Income taxes
€0▲
2024 · €-1k
Staff costs
€0▼
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€25k€36k▲
Fixed assets21/28€14k€6k▼
Tangible fixed assets22/27€14k€6k▼
Plant, machinery and equipment23€13k€5k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€10k€30k▲
Amounts receivable within one year40/41€4k€0▼
Trade receivables40€4k€0▼
Cash at bank and in hand54/58€6k€29k▲
Deferred charges and accrued income490/1€504€971▲
Equity and liabilities
Total equity and liabilities10/49€25k€36k▲
Equity10/15€-54k€-40k▲
Contributions10/11€6k€6k=
Reserves13€10k€10k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€8k€8k=
Profit (loss) carried forward14€-71k€-56k▲
Amounts payable17/49€79k€75k▼
Amounts payable after more than one year17€30k€30k=
Financial debts170/4€30k€30k=
Amounts payable within one year42/48€47k€45k▼
Current portion of amounts payable after more than one year42€5k€0▼
Trade debts44€4k€7k▲
Suppliers440/4€4k€7k▲
Taxes, remuneration and social security45€476€0▼
Taxes450/3€476€0▼
Other amounts payable47/48€38k€38k▲
Accrued charges and deferred income492/3€2k€0▼
Income statement
Code20242025
Turnover70€122k-
Non-recurring operating income76A-€30
Goods, raw materials, services and sundry goods60/61€141k-
Remuneration, social security and pensions62€3k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€8k▼
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A€283€554▲
Gross operating margin9900€-19k€27k▲
Operating profit (loss)9901€-37k€15k▲
Financial income75/76B€30€0▼
Recurring financial income75€30€0▼
Financial charges65/66B€361€721▲
Recurring financial charges65€361€721▲
Profit (loss) for the period before taxes9903€-37k€15k▲
Income taxes67/77€-1k€0▲
Profit (loss) for the period9904€-36k€15k▲
Profit (loss) for the period to be appropriated9905€-36k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-71k€-56k▲
Profit (loss) brought forward from the previous period14P€-34k€-71k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Back to profitnet €15k
Net result €15k after 4 loss-making years.
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-62k
Net result drops to €-62k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 1.43
Current ratio from 0.58 to 1.43; short-term debt falls from €38k to €37k.
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 3 days late
2017
11-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Saint-Hubert · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Launet, Hatrival 96870 Saint-HubertGround area
4,371 m²
Building footprint
172 m²
Volume, LiDAR
1,056 m³
Parcel 84027B2002/00S002, Wallonia · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Launet, Hatrival 9, 6870 Saint-Hubert
since 20032.264.632.571
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84027B2002/00S002 | Wallonia | 4,371 m² | 1 · 172 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,124 companies in sector 86210 we hold annual accounts for 6,337. 1,885 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-01-1997
Fiscal year end31-12
Activities, NACEBEL
86210General medical practice
73200Market research and public opinion polling
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.