GUILINE
InactiveGUILINE was declared bankrupt on 29-08-2024 (Tribunal de l’entreprise de Liège, division Liège); the bankruptcy was closed by liquidation by judgment of 17-03-2026, published in the Belgian State Gazette on 20-03-2026.
Summary
Inactive; last annual accounts for fiscal year 2023.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline29-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-07-2024, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
1 d early
2022
4 d early
2021
2 d early
2020
3 d late
2019
18 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 3 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2023, micro schema
Turnover
€177,378▼ 22.2%
2022 · €227,881
EBIT margin
-16.1%▼ 6.7pp
2022 · -9.4%
Net result
-€37,435▼ 37.8%
2022 · -€27,166
Working capital
-€121,964▼ 37.3%
2022 · -€88,828
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Turnover€356,073▲ 1,763%€234,725▼ 34.1%€266,751▲ 13.6%€227,881▼ 14.6%€177,378▼ 22.2%
Operating result-€29,049▲ 28.5%-€10,100▲ 65.2%-€4,171▲ 58.7%-€21,387▼ 413%-€28,523▼ 33.4%
Net result-€31,564▲ 30.7%-€12,342▲ 60.9%-€9,038▲ 26.8%-€27,166▼ 201%-€37,435▼ 37.8%
EBIT margin-8.2%▲ 204.5pp-4.3%▲ 3.9pp-1.6%▲ 2.7pp-9.4%▼ 7.8pp-16.1%▼ 6.7pp
Equity-€9,008-€21,350▼ 137%-€30,388▼ 42.3%-€57,555▼ 89.4%-€94,989▼ 65.0%
Total assets€104,968▲ 253%€94,836▼ 9.7%€91,730▼ 3.3%€71,908▼ 21.6%€66,103▼ 8.1%
Debt€113,976▲ 1,479%€116,185▲ 1.9%€122,119▲ 5.1%€129,463▲ 6.0%€161,093▲ 24.4%
Working capital-€34,352-€50,758▼ 47.8%-€59,695▼ 17.6%-€88,828▼ 48.8%-€121,964▼ 37.3%
Staff (FTE)3▲ 900%2.7▼ 10.0%2.7=2.5▼ 7.4%2▼ 20.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €28,523 in 2023 against €21,387 in 2022; the loss grows.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €66,103
Fixed assets
€28,161 ▼ 22.7%
Current assets
€37,942 ▲ 6.9%
Key figures and ratios
EBITDA
-€20,266▼
2022 · -€13,339
Cash flow
-€29,178▼
2022 · -€19,118
Solvency
-143.7%▼
2022 · -80.0%
Current ratio
0.24▼
2022 · 0.29
Quick ratio
0.09▼
2022 · 0.15
Debt to equity
-1.70▲
2022 · -2.25
ROA
-56.6%▼
2022 · -37.8%
Interest coverage
-2.27▲
2022 · -2.31
Debt ≤ 1 year
€159,906▲
2022 · €124,318
Debt > 1 year
€1,128▼
2022 · €5,145
Staff costs
€29,682▼
2022 · €31,532
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €356,073 | €234,725 | €266,751 | €227,881 | €177,378 | ▼ 22.2% |
| Non-recurring operating income76A | - | - | €5,500 | - | - | - |
| Remuneration, social security and pensions62 | - | - | €34,888 | €31,532 | €29,682 | ▼ 5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,158 | €7,874 | €8,138 | €8,048 | €8,257 | ▲ 2.6% |
| Other operating charges640/8 | - | - | €560 | €498 | €491 | ▼ 1.5% |
| Gross operating margin9900 | €61,123 | €34,776 | €39,414 | €18,690 | €9,908 | ▼ 47.0% |
| Operating profit (loss)9901 | -€29,049 | -€10,100 | -€4,171 | -€21,387 | -€28,523 | ▼ 33.4% |
| Recurring financial income75 | - | €0 | - | - | - | - |
| Financial charges65/66B | - | - | €4,867 | €5,779 | €8,912 | ▲ 54.2% |
| Recurring financial charges65 | €2,514 | €2,242 | €4,867 | €5,779 | €8,912 | ▲ 54.2% |
| Profit (loss) for the period before taxes9903 | -€31,564 | -€12,342 | -€9,038 | -€27,166 | -€37,435 | ▼ 37.8% |
| Profit (loss) for the period9904 | -€31,564 | -€12,342 | -€9,038 | -€27,166 | -€37,435 | ▼ 37.8% |
| Profit (loss) for the period to be appropriated9905 | -€31,564 | -€12,342 | -€9,038 | -€27,166 | -€37,435 | ▼ 37.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €104,968 | €94,836 | €91,730 | €71,908 | €66,103 | ▼ 8.1% |
| Fixed assets21/28 | €56,250 | €51,886 | €43,748 | €36,418 | €28,161 | ▼ 22.7% |
| Intangible fixed assets21 | €36,000 | €32,000 | €28,000 | €24,000 | €20,000 | ▼ 16.7% |
| Tangible fixed assets22/27 | €20,250 | €19,886 | €15,748 | €12,418 | €8,161 | ▼ 34.3% |
| Plant, machinery and equipment23 | - | - | €11,608 | €10,348 | €8,161 | ▼ 21.1% |
| Furniture and vehicles24 | - | - | €4,140 | €2,070 | - | - |
| Current assets29/58 | €48,717 | €42,950 | €47,982 | €35,490 | €37,942 | ▲ 6.9% |
| Stocks and contracts in progress3 | €22,050 | €21,376 | €21,148 | €17,204 | €22,876 | ▲ 33.0% |
| Stocks30/36 | - | - | €21,148 | €17,204 | €22,876 | ▲ 33.0% |
| Amounts receivable within one year40/41 | €5,929 | €6,092 | €6,697 | €6,373 | €6,077 | ▼ 4.7% |
| Trade receivables40 | - | - | €6,697 | €6,373 | €6,077 | ▼ 4.7% |
| Cash at bank and in hand54/58 | €19,707 | €14,765 | €15,710 | €10,491 | €7,886 | ▼ 24.8% |
| Deferred charges and accrued income490/1 | - | - | €4,427 | €1,422 | €1,104 | ▼ 22.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €104,968 | €94,836 | €91,730 | €71,908 | €66,103 | ▼ 8.1% |
| Equity10/15 | -€9,008 | -€21,350 | -€30,388 | -€57,555 | -€94,989 | ▼ 65.0% |
| Contributions10/11 | €20,000 | - | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Non-distributable reserves130/1 | - | - | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | - | - | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€31,008 | -€43,350 | -€52,388 | -€79,555 | -€116,989 | ▼ 47.1% |
| Amounts payable17/49 | €113,976 | €116,185 | €122,119 | €129,463 | €161,093 | ▲ 24.4% |
| Amounts payable after more than one year17 | €30,907 | €22,478 | €14,441 | €5,145 | €1,128 | ▼ 78.1% |
| Financial debts170/4 | - | - | €14,441 | €5,145 | €1,128 | ▼ 78.1% |
| Amounts payable within one year42/48 | €83,069 | €93,708 | €107,677 | €124,318 | €159,906 | ▲ 28.6% |
| Current portion of amounts payable after more than one year42 | - | - | €11,834 | €9,296 | €4,017 | ▼ 56.8% |
| Trade debts44 | €29,616 | €24,437 | €29,842 | €42,988 | €62,476 | ▲ 45.3% |
| Suppliers440/4 | - | - | €29,842 | €42,988 | €62,476 | ▲ 45.3% |
| Advances received on contracts in progress46 | - | - | - | - | €20 | - |
| Taxes, remuneration and social security45 | - | - | €26,511 | €36,977 | €17,070 | ▼ 53.8% |
| Taxes450/3 | - | - | €23,978 | €29,309 | €13,368 | ▼ 54.4% |
| Remuneration and social security454/9 | - | - | €2,533 | €7,668 | €3,702 | ▼ 51.7% |
| Other amounts payable47/48 | - | - | €39,491 | €35,057 | €76,323 | ▲ 118% |
| Accrued charges and deferred income492/3 | - | - | - | - | €59 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€31,564 | -€12,342 | -€9,038 | -€27,166 | -€37,435 | ▼ 37.8% |
| + Depreciation and write-downs630 | €8,158 | €7,874 | €8,138 | €8,048 | €8,257 | ▲ 2.6% |
| Operating cash flow (approximation) | -€23,405 | -€4,467 | -€901 | -€19,118 | -€29,178 | ▼ 52.6% |
| Investment in fixed assets (approximation) | - | -€3,510 | €0 | -€718 | €0 | ▲ 100% |
| Change in cash | - | -€4,941 | €945 | -€5,219 | -€2,605 | ▲ 50.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
20-03
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise de Liège, division Liège · event 17-03-2026
28-01
Bankruptcy
Supervising judge replaced
Tribunal de l’entreprise de Liège, division Liège · event 19-01-2026
2024
11-09
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 29-08-2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
2020
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 17 days late
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 22 days late
2015
24-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 24 days late
SignalNBB filing
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 acts for this company are 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
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | SANDRINE EVRARD RUE MATTéOTTI 34,
4102 OUGREE |
29-08-2024 → 17-03-2026 |
| Curator | JOELLE DECHARNEUX RUE LOUVREX 55-57, 4000 LIEGE 1 |
29-08-2024 → 17-03-2026 |