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ELASTISCHE VOEGWERKEN GOETHALS

Active
Private limited companyfounded 2011active for 15 yearsVerbindingsweg 14, 9990 Maldegem, BelgiumKBO/BCE: BE 0834.812.385
Summary

ELASTISCHE VOEGWERKEN GOETHALS has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €72,013 and a net result of €30,518. Equity is growing by about 29% per year across the filed financial years. Its solvency ranks better than 33% of 607 sector peers (NACE 43, financial year 2026). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Bricklaying and masonry work
NACE 43910
1 site
Size
€199,824total assets 2026
Equity
€72,013
Profit
€30,518
Turnover not published (micro format)
Financial health
84 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.4%
Structure
2026 accounts 8 days early2 of 4 deeds summarised
Why 84raises riskSector: Specialised construction activities (NACE 43)Liquidity: current ratio 0.16, cash €5,733lowers riskFounded in 2011Figures for financial year 2026 (filed 23-10-2026)Show the evidence

Checked score

Score 2026
84 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 54% of its sector peers (NACE 43, micro)
Financial strength · tick = 2025
Average
Solvency 61+12
equity 36.0% of total assets
Liquidity 27+16
short-term debt 51.9% · cash 2.9%
Profitability 88+12
return on assets 15.3%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,639 companies, NACE 43, micro)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.8%● unchanged vs 06-2025 08-2025: 0.8%● unchanged vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.9%▲ +0.1 percentage points vs 09-2025highest value 11-2025: 0.6%▼ -0.3 percentage points vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.5%▼ -0.1 percentage points vs 08-2026 10-2026: 0.4%▼ -0.1 percentage points vs 09-2026lowest value
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.16, compared with 0.15 in 2025, below 1; short-term debt: 51.9% and cash: 2.9% of total assets), and 64% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 38% on solvency, 16% on liquidity, 73% on profitability and 88% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 2011
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Liquidity: current ratio 0.16, cash €5,733
NBB · annual accounts
lowers risk · Figures for financial year 2026 (filed 23-10-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 23-10-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
8 days early
2025
on the day
2024
on the day
2023
on the day
2022
29 days late
2021
1 day early
2020
4 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 3 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 31 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · micro…
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Positive: Filed on time since financial year 2023accounts within the deadline every year 4 years View
  • One director decidessole director in office 1 View
  • Total assets 20266 financial years filed €199,824 View

By topic

Financials

Financial year
2026
Total assets
€199,824
Profit
€30,518
Solvency
36.0%
Total assets▲ 14.2%
Net result
20192026
Go to Financials

Timeline

Events
20
Since
2013
Next accounts
by 31-10-2027
  1. 08-08-2024Resignations & appointments
  2. 31-03-2024Back to profit
  3. 14-03-2024Resignation: GOETHALS Dominique Willy Hubert (manager)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Bricklaying and masonry workNACE 43910
Founded
16-03-2011
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
20
Annual meeting
Last Friday of September at 14:00
Purpose
“Het uitvoeren van allerhande voegwerken en isolatiewerkzaamheden,het reinigen van…” (deed in Dutch)
Go to Articles of association

Key facts about ELASTISCHE VOEGWERKEN GOETHALS

What is the company number of ELASTISCHE VOEGWERKEN GOETHALS?
0834.812.385. In Belgium the VAT number is the company number with BE in front: BE 0834.812.385.
Where is ELASTISCHE VOEGWERKEN GOETHALS based?
The registered office is at Verbindingsweg 14, 9990 Maldegem.Company details
What does ELASTISCHE VOEGWERKEN GOETHALS do?
According to the KBO register, the main activity is bricklaying and masonry work (NACE 43910).
What is the legal form of ELASTISCHE VOEGWERKEN GOETHALS?
Private limited company (BV).
When was ELASTISCHE VOEGWERKEN GOETHALS founded?
On 16-03-2011.
Is ELASTISCHE VOEGWERKEN GOETHALS still active?
Yes, ELASTISCHE VOEGWERKEN GOETHALS is an active enterprise in the KBO register.
How many employees does ELASTISCHE VOEGWERKEN GOETHALS have?
On average 0.7 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of ELASTISCHE VOEGWERKEN GOETHALS?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is ELASTISCHE VOEGWERKEN GOETHALS profitable?
In financial year 2026, ELASTISCHE VOEGWERKEN GOETHALS made a profit of €30,518.
Where can I find the annual accounts of ELASTISCHE VOEGWERKEN GOETHALS?
ELASTISCHE VOEGWERKEN GOETHALS filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of ELASTISCHE VOEGWERKEN GOETHALS due?
By 31-10-2027, for financial year 2027.Timeline

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