DR. M. GOETHALS
ActiveDR. M. GOETHALS has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €964k and a net result of €4k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 95% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability28▼-13
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 27.72 against 26.19 in 2024; short-term debt: 3.1% and cash: 23.8% of total assets), and 3.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
96.6%
Return on assets
0.4%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-11-2025, 66 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
66 d early
2024
21 d early
2023
34 d early
2022
15 d early
2021
4 d early
2020
34 d early
2019
25 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€964k▲ 0.4%
2024 · €960k
2019: €922k
2020: €931k
2021: €931k
2022: €953k
2023: €946k
2024: €960k
2019 → 2025
Total assets
€998k▲ 0.3%
2024 · €996k
2019: €975k
2020: €984k
2021: €984k
2022: €1.00M
2023: €993k
2024: €996k
2019 → 2025
Net result
€4k▼ 72.4%
2024 · €15k
2019: €10k
2020: €9k
2021: €8
2022: €22k
2023: €-7k
2024: €15k
2019 → 2025
Working capital
€822k▲ 1.5%
2024 · €810k
2019: €715k
2020: €720k
2021: €737k
2022: €776k
2023: €785k
2024: €810k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€931k-€953k▲ 2.3%€946k▼ 0.7%€960k▲ 1.6%€964k▲ 0.4%
Operating result€10k-€36k▲ 245%€19k▼ 47.5%€5k▼ 75.3%€5k▲ 14.2%
Net result€8-€22k▲ 281,170%€-7k€15k€4k▼ 72.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 14% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €998k
Fixed assets
€146k▼ 5.3%
Current assets
€853k▲ 1.3%
Equity and liabilities €998k
Equity
€964k▲ 0.4%
Debt
€34k▼ 4.1%
The debt ratio falls from 3.6% to 3.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13k▼
2024 · €15k
Cash flow
€12k▼
2024 · €25k
Solvency
96.6%▲
2024 · 96.4%
Current ratio
27.72▲
2024 · 26.19
Quick ratio
27.72▲
2024 · 26.19
Debt / equity
0.04▼
2024 · 0.04
ROE
0.4%▼
2024 · 1.5%
ROA
0.4%▼
2024 · 1.5%
Interest coverage
1.11▲
2024 · -14.80
Debt
€34k▼
2024 · €36k
Debt ≤ 1 year
€31k▼
2024 · €32k
Income taxes
€5k▼
2024 · €8k
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€996k€998k▲
Fixed assets21/28€154k€146k▼
Tangible fixed assets22/27€154k€146k▼
Land and buildings22€152k€146k▼
Furniture and vehicles24€2k€0▼
Current assets29/58€842k€853k▲
Amounts receivable within one year40/41€4k€4k▲
Other amounts receivable41€4k€4k▲
Current investments50/53€191k€611k▲
Cash at bank and in hand54/58€648k€237k▼
Deferred charges and accrued income490/1-€171
Equity and liabilities
Total equity and liabilities10/49€996k€998k▲
Equity10/15€960k€964k▲
Contributions10/11€12k€12k=
Reserves13€948k€952k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€946k€950k▲
Amounts payable17/49€36k€34k▼
Amounts payable within one year42/48€32k€31k▼
Trade debts44€1k€1k▼
Suppliers440/4€1k€1k▼
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€31k€30k▼
Accrued charges and deferred income492/3€4k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€8k▼
Other operating charges640/8€3k€3k▼
Gross operating margin9900€18k€16k▼
Operating profit (loss)9901€5k€5k▲
Financial income75/76B€17k€16k▼
Recurring financial income75€17k€16k▼
Financial charges65/66B€-989€12k▲
Recurring financial charges65€-989€12k▲
Profit (loss) for the period before taxes9903€23k€9k▼
Income taxes67/77€8k€5k▼
Profit (loss) for the period9904€15k€4k▼
Profit (loss) for the period to be appropriated9905€15k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€4k▼
Transfer from equity791/2€0-
Transfer to equity691/2€15k€4k▼
To other reserves6921€15k€4k▼
The notes to these accounts (5 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
2025
26-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
10-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
2023
28-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Weakest financial yearnet €-7k ▼133%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
16-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Highest result since 2019net €22k ▲281170%
Operating result €36k, net result €22k, both a record.
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
28-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
06-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 6 days late
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, Pelt · 1 establishment unit since 2003
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.
Tisselrietweg 613910 PeltGround area
5,887 m²
Building footprint
330 m²
Volume, LiDAR
1,589 m³
Parcel 72025A0186/00Z036, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Dr. M. Goethals
since 20032.184.012.804
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72025A0186/00Z036 | Flanders | 5,887 m² | 1 · 329 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 28,244 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-06-2003
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
86210General medical practice
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.