BUYSSE - GOETHALS
ActiveBUYSSE - GOETHALS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €187k and a net result of €-86k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 45% of 2154 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability9▼-47
Solvency59▼-5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.47 against 3.26 in 2024; short-term debt: 27.1% and cash: 13.5% of total assets), but 66% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
1 d early
2023
2 d early
2022
31 d early
2021
34 d early
2020
4 d early
2019
31 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€187k▼ 31.5%
2024 · €273k
2018: €164k
2019: €193k
2020: €249k
2021: €225k
2022: €256k
2023: €263k
2024: €273k
2018 → 2025
Total assets
€550k▼ 21.0%
2024 · €697k
2018: €905k
2019: €921k
2020: €829k
2021: €1.05M
2022: €935k
2023: €779k
2024: €697k
2018 → 2025
Net result
€-86k
2024 · €10k
2018: €86k
2019: €28k
2020: €86k
2021: €6k
2022: €31k
2023: €42k
2024: €10k
2018 → 2025
Working capital
€219k▼ 27.1%
2024 · €301k
2018: €262k
2019: €169k
2020: €214k
2021: €36k
2022: €276k
2023: €186k
2024: €301k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€225k-€256k▲ 13.7%€263k▲ 2.8%€273k▲ 3.8%€187k▼ 31.5%
Operating result€37k-€55k▲ 48.7%€78k▲ 43.1%€40k▼ 48.8%€-53k
Net result€6k-€31k▲ 374%€42k▲ 36.9%€10k▼ 76.1%€-86k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €53k after €40k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €550k
Fixed assets
€182k▼ 30.8%
Current assets
€368k▼ 15.1%
Equity and liabilities €550k
Equity
€187k▼ 31.5%
Debt
€363k▼ 14.3%
The debt ratio rises from 60.8% to 66.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€38k▼
2024 · €134k
Cash flow
€5k▼
2024 · €104k
Solvency
34.0%▼
2024 · 39.2%
Current ratio
2.47▼
2024 · 3.26
Quick ratio
1.31▼
2024 · 2.33
Debt / equity
1.94▲
2024 · 1.55
ROE
-46.0%▼
2024 · 3.7%
ROA
-15.7%▼
2024 · 1.4%
Interest coverage
1.13▼
2024 · 4.26
Debt
€363k▼
2024 · €423k
Debt ≤ 1 year
€149k▲
2024 · €133k
Debt > 1 year
€214k▼
2024 · €249k
Income taxes
€0▼
2024 · €4k
Staff costs
€353k▲
2024 · €347k
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€697k€550k▼
Fixed assets21/28€263k€182k▼
Tangible fixed assets22/27€263k€182k▼
Plant, machinery and equipment23€209k€169k▼
Furniture and vehicles24€54k€14k▼
Current assets29/58€434k€368k▼
Stocks and contracts in progress3€123k€173k▲
Stocks30/36€63k€89k▲
Contracts in progress37€61k€84k▲
Amounts receivable within one year40/41€281k€114k▼
Trade receivables40€222k€64k▼
Other amounts receivable41€59k€50k▼
Cash at bank and in hand54/58€29k€75k▲
Deferred charges and accrued income490/1€894€6k▲
Equity and liabilities
Total equity and liabilities10/49€697k€550k▼
Equity10/15€273k€187k▼
Contributions10/11€45k€40k▼
Reserves13€228k€156k▼
Distributable reserves133€228k€156k▼
Profit (loss) carried forward14-€-9k
Amounts payable17/49€423k€363k▼
Amounts payable after more than one year17€249k€214k▼
Financial debts170/4€249k€214k▼
Amounts payable within one year42/48€133k€149k▲
Current portion of amounts payable after more than one year42€44k€37k▼
Trade debts44€84k€101k▲
Suppliers440/4€84k€101k▲
Taxes, remuneration and social security45-€6k
Remuneration and social security454/9-€6k
Other amounts payable47/48€5k€4k▼
Accrued charges and deferred income492/3€41k€28▼
Income statement
Code20242025
Remuneration, social security and pensions62€347k€353k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€94k€91k▼
Other operating charges640/8€820€1k▲
Gross operating margin9900€482k€391k▼
Operating profit (loss)9901€40k€-53k▼
Financial income75/76B€6k€148▼
Recurring financial income75€6k€148▼
Financial charges65/66B€31k€33k▲
Recurring financial charges65€31k€33k▲
Profit (loss) for the period before taxes9903€14k€-86k▼
Income taxes67/77€4k€0▼
Profit (loss) for the period9904€10k€-86k▼
Profit (loss) for the period to be appropriated9905€10k€-86k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€-86k▼
Transfer from equity791/2-€77k
Transfer to equity691/2€10k-
To other reserves6921€10k-
Social balance
Average headcount (FTE)90875.95.9=
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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-86k ▼955%
Net result drops to €-86k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €86k ▲202%
Operating result €154k, net result €86k, both a record.
31-12
Financial
Equity above €200kEq €249k ▲29%
3 profitable years in a row build equity to €249k.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Eeklo · 1 establishment unit since 2014
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.
Raverschootstraat 3119900 EekloGround area
213 m²
Parcel 43352E1583/00X004, Flanders. Linked by address, not a title deed.
1 establishment unit
BUYSSE - GOETHALS
since 20142.226.501.178
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43352E1583/00X004indicative | Flanders | 213 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,049 EUR awarded · 1,027 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 248 EUR | 0 EUR |
| 2024 | 1 | 0 EUR | 126 EUR |
| 2023 | 1 | 628 EUR | 784 EUR |
| 2022 | 1 | 173 EUR | 117 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
1 categoryBUYSSE - GOETHALS BV45020
Dual-learning approval
5 endedSimilar companies · same sector, comparable size
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BMP GROUP
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C.A.L. Construct
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Lux Construct
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Dilbeek · Eq €187k
Of 29,808 companies in sector 41001 we hold annual accounts for 16,038. 12,215 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-01-2014
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41003General construction of other non-residential buildings
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.