PATRICK BOURGUILLIOEN
InactivePATRICK BOURGUILLIOEN was declared bankrupt on 04-10-2022 (Ondernemingsrechtbank Gent, afdeling Brugge); the bankruptcy was closed for insufficient assets by judgment of 18-11-2024, published in the Belgian State Gazette on 27-11-2024.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-05-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-05-2021 close31-12-2021 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2020 was due by 31-12-2020 and was filed on 17-12-2020, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
14 d early
2019
36 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€-9k▼ 107%
2019 · €-5k
2019: €-5k
2020: €-9k▼ -107% vs 2019
2019 → 2020
Total assets
€28k▼ 33.1%
2019 · €42k
2019: €42k
2020: €28k▼ -33.1% vs 2019
2019 → 2020
Net result
€-5k
2019 · €6k
2019: €6k
2020: €-5k▼ -176% vs 2019
2019 → 2020
Working capital
€-16k▼ 33.2%
2019 · €-12k
2019: €-12k
2020: €-16k▼ -33.2% vs 2019
2019 → 2020
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020Trend
Equity€-5k-€-9k▼ 107%
2019: €-5k
2020: €-9k▼ -107% vs 2019
Operating result€6k-€-4k
2019: €6k
2020: €-4k▼ -169% vs 2019
Net result€6k-€-5k
2019: €6k
2020: €-5k▼ -176% vs 2019
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €4k after €6k in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €28k
Fixed assets
€15k ▼ 25.7%
Current assets
€13k ▼ 39.7%
Key figures and ratios
EBITDA
€895▼
2019 · €11k
Cash flow
€223▼
2019 · €12k
Solvency
-33.4%▼
2019 · -10.8%
Current ratio
0.45▼
2019 · 0.65
Debt to equity
-0.83▲
2019 · -2.67
ROA
-17.3%▼
2019 · 15.3%
Debt
€38k▼
2019 · €47k
Debt ≤ 1 year
€30k▼
2019 · €35k
Debt > 1 year
€8k▼
2019 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 22 lines
Balance sheet
Code20192020
Assets
Total assets20/58€42k€28k▼
Fixed assets21/28€20k€15k▼
Tangible fixed assets22/27€20k€15k▼
Current assets29/58€22k€13k▼
Amounts receivable within one year40/41€13k€12k▼
Cash at bank and in hand54/58€9k€2k▼
Equity and liabilities
Total equity and liabilities10/49€42k€28k▼
Equity10/15€-5k€-9k▼
Contributions10/11€16k€16k=
Reserves13€705€705=
Profit (loss) carried forward14€-21k€-26k▼
Amounts payable17/49€47k€38k▼
Amounts payable after more than one year17€12k€8k▼
Amounts payable within one year42/48€35k€30k▼
Trade debts44€8k€10k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Gross operating margin9900€13k€2k▼
Operating profit (loss)9901€6k€-4k▼
Recurring financial charges65€351€673▲
Profit (loss) for the period before taxes9903€6k€-5k▼
Profit (loss) for the period9904€6k€-5k▼
Profit (loss) for the period to be appropriated9905€6k€-5k▼
Accounts by statement
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €5k | = |
| Gross operating margin9900 | €13k | €2k | ▼ 81.2% |
| Operating profit (loss)9901 | €6k | €-4k | ▼ 169% |
| Recurring financial charges65 | €351 | €673 | ▲ 91.6% |
| Profit (loss) for the period before taxes9903 | €6k | €-5k | ▼ 176% |
| Profit (loss) for the period9904 | €6k | €-5k | ▼ 176% |
| Profit (loss) for the period to be appropriated9905 | €6k | €-5k | ▼ 176% |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €42k | €28k | ▼ 33.1% |
| Fixed assets21/28 | €20k | €15k | ▼ 25.7% |
| Tangible fixed assets22/27 | €20k | €15k | ▼ 25.7% |
| Current assets29/58 | €22k | €13k | ▼ 39.7% |
| Amounts receivable within one year40/41 | €13k | €12k | ▼ 12.3% |
| Cash at bank and in hand54/58 | €9k | €2k | ▼ 80.1% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €42k | €28k | ▼ 33.1% |
| Equity10/15 | €-5k | €-9k | ▼ 107% |
| Contributions10/11 | €16k | €16k | = |
| Reserves13 | €705 | €705 | = |
| Profit (loss) carried forward14 | €-21k | €-26k | ▼ 22.9% |
| Amounts payable17/49 | €47k | €38k | ▼ 19.4% |
| Amounts payable after more than one year17 | €12k | €8k | ▼ 35.5% |
| Amounts payable within one year42/48 | €35k | €30k | ▼ 13.8% |
| Trade debts44 | €8k | €10k | ▲ 21.8% |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €-5k | ▼ 176% |
| + Depreciation and write-downs630 | €5k | €5k | = |
| Operating cash flow (approximation) | €12k | €223 | ▼ 98.1% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €-7k | - |
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
2024
27-11
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Brugge · event 18-11-2024
2022
12-10
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Brugge · event 04-10-2022
2020
17-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
25-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
22-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
23-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2014
02-12
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
28-11
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2012
29-11
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2011
21-11
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2010
25-11
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2009
15-12
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
SignalNBB filing
0 of 3 acts read
About the unread acts
We know of 3 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
3 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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ALEX VROMBAUT GERARD DAVIDSTRAAT 46 BUS 1,
8000 BRUGGE |
04-10-2022 → 18-11-2024 |