Bankrupt · Opening faillissement (CBE)

GILLES HUYSMAN

BE0678400479

Rechtspersoon Private limited company 1 establishment

GILLES HUYSMAN is a landscaping contractor in Wortegem-Petegem. Private Limited, started on 7 July 2017, 1 establishment.

Oudenaardseweg (W.-M.) 35A, 9790 Wortegem-Petegem

Behind the company: Gilles Huysman.

Start date

7 July 2017

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 2 of the last 2 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 52 % of short-term debt in 2021; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2021

GILLES HUYSMAN from Wortegem-Petegem, company number BE0678400479, closed financial year 2021 with a result of € 17,302 after tax. For that financial year GILLES HUYSMAN recorded a gross margin of € 98,884 and equity of € -30,359. Compared with financial year 2020, the result moved from € -80,365 to € 17,302. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 26, 2023.

What it is worth Caution

€ -30,359

▲ € 17,302 vs 2020

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 17,302

▲ still € 80,365 loss in 2020

Profit after tax over the fiscal year.

Cash in the bank

€ 1,606

▲ € 1,445 vs 2020

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2021. Retained profit grew to € -50,359.

People and assets in 2021

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 51,017

▼ 45% vs 2020

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 2,000

▼ 92% vs 2020

Book value of vehicles, furniture and equipment.

Debts at end 2021

Bank debt ≈ 5 years to go

€ 128,664

▼ 12% vs 2020

€ 19,373 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 74,824

▲ 53% vs 2020

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 42,866

▲ 18% vs 2020

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20202021Change 2020 → 2021
Gross margin € 47,342 € 98,884 ▲ 109%
Profit after taxes € -80,365 € 17,302 ▲ € 97,667
Equity € -47,661 € -30,359 ▲ € 17,302
Total debts € 252,070 € 246,354 ▼ 2%
Cash € 161 € 1,606 ▲ € 1,445
Land & buildings € 97,425 € 94,215 ▼ 3%
Retained profit € -67,661 € -50,359 ▲ € 17,302
Bank debt € 145,862 € 128,664 ▼ 12%
Balance sheet total € 204,409 € 215,996 ▲ 6%

Key figures of GILLES HUYSMAN, fiscal years 2020 to 2021, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2022 has not been filed yet; it was expected before 31 July 2023.

What happened to GILLES HUYSMAN?

What happened at GILLES HUYSMAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

GILLES HUYSMAN is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2021: profit of € 17,302. filed late Source: NBB ↗
  • New establishment in Wortegem-Petegem. KBO
  • Start of the company according to the CBE. KBO

In short

From € 80,365 loss in 2020 to € 17,302 profit in 2021.

Paid € 11,743 in corporate taxes since 2020.

Best year ever: 2021, with € 17,302 profit.

Management

Gilles Huysman
GILLES HUYSMAN

Behind GILLES HUYSMAN is Gilles Huysman.

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Directors

According to the 2021 annual accounts

Gilles Huysman

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Oudenaardseweg (W.-M.) 35A

9790 Wortegem-Petegem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0678.400.479
VAT number
BE 0678.400.479
Registered office
Oudenaardseweg (W.-M.) 35A, 9790 Wortegem-Petegem
Names & denominations
GILLES HUYSMAN
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
7 July 2017
Peppol
Not registered
Activities · NACE

Landschapsverzorging

Frequently asked questions

What does GILLES HUYSMAN do?
GILLES HUYSMAN is a landscaping contractor in Wortegem-Petegem. Private Limited, started on 7 July 2017, 1 establishment.
What is the address of GILLES HUYSMAN?
The registered office of GILLES HUYSMAN is located at Oudenaardseweg (W.-M.) 35A, 9790 Wortegem-Petegem.
Is GILLES HUYSMAN still active?
No. The CBE lists GILLES HUYSMAN with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is GILLES HUYSMAN registered on Peppol?
No, GILLES HUYSMAN is currently not registered on the Peppol network.
What is the enterprise number of GILLES HUYSMAN?
The enterprise number of GILLES HUYSMAN is BE0678400479.
When was GILLES HUYSMAN founded?
GILLES HUYSMAN was founded on 7 July 2017.