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KONINGS PATRICK

Open bankruptcy
Private limited companyfounded 2014Wulfhoekstraat 4, 8750 Wingene, BelgiumKBO/BCE: BE 0562.947.517

A bankruptcy procedure is open for KONINGS PATRICK according to publications in the Belgian State Gazette; curator: ULRICHE DE RESE. The 2023 annual accounts show negative equity (€-252k) and a net result of €61k.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 26-01-2024, 5 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
5 d early
2022
5 d early
2021
4 d early
2020
5 d early
2019
3 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2023, micro schema

Equity
€-252k▲ 19.5%
2022 · €-312k
2019: €42k 2020: €30k 2021: €-320k 2022: €-312k
2019 → 2023
Total assets
€113k▲ 613%
2022 · €16k
2019: €442k 2020: €405k 2021: €23k 2022: €16k
2019 → 2023
Net result
€61k▲ 697%
2022 · €8k
2019: €-54k 2020: €-12k 2021: €-350k 2022: €8k
2019 → 2023
Working capital
€44k
2022 · €-17k
2019: €-10k 2020: €-6k 2021: €-6k 2022: €-17k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20192020202120222023Trend
Equity€42k-€30k▼ 28.5%€-320k€-312k▲ 2.4%€-252k▲ 19.5%
Operating result€-48k-€-6k▲ 86.7%€-345k▼ 5,267%€13k€66k▲ 420%
Net result€-54k-€-12k▲ 77.9%€-350k▼ 2,844%€8k€61k▲ 697%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-400k€-200k€0Operating result 2019: €-48k€-48kNet result 2019: €-54k€-54kOperating result 2020: €-6k€-6kNet result 2020: €-12k€-12kOperating result 2021: €-345k€-345kNet result 2021: €-350k€-350kOperating result 2022: €13k€13kNet result 2022: €8k€8kOperating result 2023: €66k€66kNet result 2023: €61k€61k20192020202120222023
After the dip in 2021 the operating result has climbed two years in a row; 2023 is 420% above 2022 and is the highest year so far.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €113k
Fixed assets €5k▼ 14.2%
Current assets €109k▲ 958%
Key figures and ratios
2023 value · change against 2022
EBITDA
€67k
2022 · €14k
Cash flow
€62k
2022 · €8k
Solvency
-221.8%
Current ratio
1.67
2022 · 0.38
Quick ratio
1.67
2022 · 0.38
Debt / equity
-1.45
2022 · -1.05
ROE
-24.2%
2022 · -2.4%
ROA
53.7%
2022 · 48.1%
Interest coverage
13.04
2022 · 2.67
Debt
€365k
2022 · €328k
Debt ≤ 1 year
€65k
2022 · €27k
Debt > 1 year
€300k
2022 · €301k
Staff costs
€15k
2022 · €2k
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 · 2023 against 2022
Balance sheet Code20222023
Assets
Total assets20/58€16k€113k
Fixed assets21/28€6k€5k
Tangible fixed assets22/27€3k€2k
Land and buildings22€1€1=
Furniture and vehicles24€3k€2k
Financial fixed assets28€3k€3k=
Current assets29/58€10k€109k
Amounts receivable after more than one year29-€10k
Other amounts receivable291-€10k
Amounts receivable within one year40/41€3k€6k
Trade receivables40€3k€6k
Other amounts receivable41-€513
Cash at bank and in hand54/58€8k€92k
Equity and liabilities
Total equity and liabilities10/49€16k€113k
Equity10/15€-312k€-252k
Contributions10/11€19k€19k=
Reserves13€70k€70k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€68k€68k=
Profit (loss) carried forward14€-401k€-340k
Amounts payable17/49€328k€365k
Amounts payable after more than one year17€301k€300k
Financial debts170/4€301k€300k
Amounts payable within one year42/48€27k€65k
Current portion of amounts payable after more than one year42€19k€10k
Trade debts44€2k€5k
Suppliers440/4€2k€5k
Advances received on contracts in progress46€2k-
Taxes, remuneration and social security45€3k€6k
Taxes450/3€3k-
Remuneration and social security454/9-€6k
Other amounts payable47/48€1k€45k
Income statement Code20222023
Non-recurring operating income76A€3k-
Remuneration, social security and pensions62€2k€15k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€800€800=
Other operating charges640/8€2k€3k
Gross operating margin9900€17k€84k
Operating profit (loss)9901€13k€66k
Financial charges65/66B€5k€5k
Recurring financial charges65€5k€5k
Profit (loss) for the period before taxes9903€8k€61k
Profit (loss) for the period9904€8k€61k
Profit (loss) for the period to be appropriated9905€8k€61k
Appropriation of the result
Profit (loss) to be appropriated9906€-401k€-340k
Profit (loss) brought forward from the previous period14P€-409k€-401k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
14-03
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Brugge · KONINGS PATRICK BV WULF- HOEKSTRAAT 4, 8750 WINGENE · event 27-02-2025
2024
26-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Highest result since 2019net €61k ▲697%
Operating result €66k, net result €61k, both a record.
30-06
Financial Liquidity quadruplescurrent ratio 1.67
Current ratio from 0.38 to 1.67.
26-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Back to profitnet €8k
Net result €8k after 3 loss-making years.
27-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial Weakest financial yearnet €-350k
Net result drops to €-350k, the lowest in the series.
26-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
28-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
07-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
31-01
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
13-01
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 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
Registered office, Wingene · 1 establishment unit since 2016
establishment The establishment unit on the map
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.

Wulfhoekstraat 48750 Wingene
Ground area
1,035 m²
Building footprint
294 m²
Volume, LiDAR
1,587 m³
2 parcels, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Restaurant - Bistro Dé Clesse
Marktplein 19, 8460 OudenburgFood and beverage service activities
since 20162.252.795.207
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35014B0394/00G000 Flanders 737 m² 1 · 212 m² 10.9 m · 2 fl.
37018B1162/00C002 Flanders 298 m² 1 · 83 m² 6.5 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator ULRICHE DE RESE
VIERSCHARESTRAAT 11, 8340 DAMME
27-02-2025 → present

Similar companies · same sector, comparable size

Of 20,234 companies in sector 56111 we hold annual accounts for 11,312. 9,327 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded23-09-2014
Fiscal year end30-06
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.