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GO CHI

Active
Private limited companyfounded 20188 yrs activeJules Vantieghemstraat(D) 14, 7711 Mouscron, BelgiumKBO/BCE: BE 0704.905.433
Summary

GO CHI has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €261,335 and a net result of -€24,829. Equity is growing by ~21.5% per year across the filed fiscal years. Its solvency ranks better than 59% of 18537 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability63▼-15
Solvency70▼-21
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity ample (current ratio 2.1 against 2.63 in 2024; short-term debt: 25.4% and cash: 33.5% of total assets), but 55.3% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 8 years 0 10 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-09-2026, 43 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filings
Deviation from the deadline
2025
43 d late
2024
on the day
2023
61 d late
2022
30 d late
2021
28 d late
2019
70 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 39 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

GO CHI was incorporated on 24 September 2018.1 Total assets rose from EUR 126,691 in 2019 to EUR 584,587 in 2025 and headcount from 0.3 full-time equivalents in 2022 to 1.3 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019, 2022 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€261,335▼ 8.7%
2024 · €286,164
Total assets
€584,587▲ 34.5%
2024 · €434,793
Net result
-€24,829
2024 · €32,812
Working capital
€164,069▼ 28.5%
2024 · €229,465
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€113,012-€63,800▼ 43.5%€118,777▲ 86.2%€48,025▼ 59.6%€115,729▲ 141%
Net result€80,443above the sector's middle half-€42,756above the sector's middle half▼ 46.8%€79,577above the sector's middle half▲ 86.1%€32,812above the sector's middle half▼ 58.8%-€24,829below the sector's middle half
Equity€131,020above the sector's middle half-€173,776above the sector's middle half▲ 32.6%€253,353above the sector's middle half▲ 45.8%€286,164above the sector's middle half▲ 13.0%€261,335above the sector's middle half▼ 8.7%
Total assets€209,577within the sector's middle half-€254,519within the sector's middle half▲ 21.4%€329,788above the sector's middle half▲ 29.6%€434,793above the sector's middle half▲ 31.8%€584,587above the sector's middle half▲ 34.5%
Debt€78,557-€80,743▲ 2.8%€76,435▼ 5.3%€148,629▲ 94.5%€323,251▲ 117%
Working capital€68,478-€124,020▲ 81.1%€212,682▲ 71.5%€229,465▲ 7.9%€164,069▼ 28.5%
Solvency62.5%above the sector's middle half-68.3%above the sector's middle half▲ 5.8pp76.8%above the sector's middle half▲ 8.5pp65.8%above the sector's middle half▼ 11.0pp44.7%within the sector's middle half▼ 21.1pp
Staff (FTE)0.31▲ 233%1.3▲ 30.0%1.3=
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000Operating result 2021: €113,012€113,012Net result 2021: €80,443€80,443Operating result 2022: €63,800€63,800Net result 2022: €42,756€42,756Operating result 2023: €118,777€118,777Net result 2023: €79,577€79,577Operating result 2024: €48,025€48,025Net result 2024: €32,812€32,812Operating result 2025: €115,729€115,729Net result 2025: -€24,829-€24,82920212022202320242025-€50,000€0€50,000€100,000Operating result 2023: €118,777€119,000Net result 2023: €79,577€79,600Operating result 2024: €48,025€48,000Net result 2024: €32,812€32,800Operating result 2025: €115,729€116,000Net result 2025: -€24,829-€24,800202320242025
The operating result recovers in 2025; 2025 is 141% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €584,587
Fixed assets €271,945 ▲ 322%
Current assets €312,641 ▼ 15.6%
Equity and liabilities €584,587
Equity €261,335 ▼ 8.7%
Debt €323,251 ▲ 117%
Debt's share of the balance-sheet total rises from 34.2% to 55.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€165,821▲
2024 · €66,821
Cash flow
€25,263▼
2024 · €51,607
Current ratio
2.10▼
2024 · 2.63
Quick ratio
2.04▼
2024 · 2.49
Debt to equity
1.24▲
2024 · 0.52
ROE
-9.5%▼
2024 · 11.5%
ROA
-4.2%▼
2024 · 7.5%
Interest coverage
14.90▲
2024 · 14.79
Debt ≤ 1 year
€148,572▲
2024 · €140,811
Debt > 1 year
€163,279▲
2024 · €7,818
Income taxes
€35,718▲
2024 · €11,177
Staff costs
€47,831▼
2024 · €52,127
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,442 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss
2.1% went bankrupt
7.3% stopped otherwise
90% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,442 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€434,793€584,587▲
Formation expenses20€0-
Fixed assets21/28€64,517€271,945▲
Tangible fixed assets22/27€64,517€271,945▲
Land and buildings22€22,972€221,864▲
Plant, machinery and equipment23€22,036€17,982▼
Furniture and vehicles24€19,509€32,100▲
Current assets29/58€370,276€312,641▼
Stocks and contracts in progress3€19,978€9,735▼
Stocks30/36€19,978€9,735▼
Amounts receivable within one year40/41€191,987€107,141▼
Other amounts receivable41€191,987€107,141▼
Cash at bank and in hand54/58€158,311€195,765▲
Equity and liabilities
Total equity and liabilities10/49€434,793€584,587▲
Equity10/15€286,164€261,335▼
Contributions10/11€46,850€46,850=
Reserves13€239,314€214,485▼
Distributable reserves133€239,314€214,485▼
Amounts payable17/49€148,629€323,251▲
Amounts payable after more than one year17€7,818€163,279▲
Financial debts170/4€7,818€163,279▲
Amounts payable within one year42/48€140,811€148,572▲
Current portion of amounts payable after more than one year42€7,392€23,274▲
Trade debts44€70,860€53,264▼
Suppliers440/4€70,860€53,264▼
Taxes, remuneration and social security45€62,559€72,034▲
Taxes450/3€52,446€58,302▲
Remuneration and social security454/9€10,113€13,732▲
Accrued charges and deferred income492/3-€11,400
Income statement Code20242025
Remuneration, social security and pensions62€52,127€47,831▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,795€50,092▲
Other operating charges640/8€1,266€1,480▲
Gross operating margin9900€120,214€215,132▲
Operating profit (loss)9901€48,025€115,729▲
Financial income75/76B€481€2,812▲
Recurring financial income75€481€2,812▲
Financial charges65/66B€4,518€107,650▲
Recurring financial charges65€4,518€11,126▲
Non-recurring financial charges66B-€96,524
Profit (loss) for the period before taxes9903€43,988€10,890▼
Income taxes67/77€11,177€35,718▲
Profit (loss) for the period9904€32,812-€24,829▼
Profit (loss) for the period to be appropriated9905€32,812-€24,829▼
Appropriation of the result
Profit (loss) to be appropriated9906€32,812-€24,829▼
Transfer from equity791/2-€24,829
Transfer to equity691/2€32,812-
To other reserves6921€32,812-

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62-€10,496€40,479€52,127€47,831▼ 8.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,134€20,182€22,871€18,795€50,092▲ 167%
Other operating charges640/8€1,294€1,670€1,600€1,266€1,480▲ 16.9%
Gross operating margin9900€131,440€96,148€183,727€120,214€215,132▲ 79.0%
Operating profit (loss)9901€113,012€63,800€118,777€48,025€115,729▲ 141%
Financial income75/76B€270€59€53€481€2,812▲ 485%
Recurring financial income75€270€59€53€481€2,812▲ 485%
Financial charges65/66B€3,391€3,308€2,839€4,518€107,650▲ 2,283%
Recurring financial charges65€3,391€3,308€2,839€4,518€11,126▲ 146%
Non-recurring financial charges66B----€96,524-
Profit (loss) for the period before taxes9903€109,892€60,551€115,991€43,988€10,890▼ 75.2%
Income taxes67/77€29,448€17,795€36,415€11,177€35,718▲ 220%
Profit (loss) for the period9904€80,443€42,756€79,577€32,812-€24,829▼ 176%
Profit (loss) for the period to be appropriated9905€80,443€42,756€79,577€32,812-€24,829▼ 176%
Line20212022202320242025Change
Assets
Total assets20/58€209,577€254,519€329,788€434,793€584,587▲ 34.5%
Formation expenses20--€0€0--
Fixed assets21/28€74,327€54,145€61,430€64,517€271,945▲ 322%
Tangible fixed assets22/27€74,327€54,145€61,430€64,517€271,945▲ 322%
Land and buildings22€41,767€35,502€29,237€22,972€221,864▲ 866%
Plant, machinery and equipment23€16,280€11,134€6,905€22,036€17,982▼ 18.4%
Furniture and vehicles24€16,279€7,509€25,287€19,509€32,100▲ 64.5%
Current assets29/58€135,250€200,375€268,358€370,276€312,641▼ 15.6%
Stocks and contracts in progress3€2,114€3,319€13,500€19,978€9,735▼ 51.3%
Stocks30/36€2,114€3,319€13,500€19,978€9,735▼ 51.3%
Amounts receivable within one year40/41€28,757€67,340€87,130€191,987€107,141▼ 44.2%
Other amounts receivable41€28,757€67,340€87,130€191,987€107,141▼ 44.2%
Cash at bank and in hand54/58€104,380€129,715€167,729€158,311€195,765▲ 23.7%
Equity and liabilities
Total equity and liabilities10/49€209,577€254,519€329,788€434,793€584,587▲ 34.5%
Equity10/15€131,020€173,776€253,353€286,164€261,335▼ 8.7%
Contributions10/11€46,850€46,850€46,850€46,850€46,850=
Reserves13€84,170€126,926€206,503€239,314€214,485▼ 10.4%
Distributable reserves133€84,170€126,926€206,503€239,314€214,485▼ 10.4%
Amounts payable17/49€78,557€80,743€76,435€148,629€323,251▲ 117%
Amounts payable after more than one year17€11,785€4,389€20,759€7,818€163,279▲ 1,989%
Financial debts170/4€11,785€4,389€20,759€7,818€163,279▲ 1,989%
Amounts payable within one year42/48€66,772€76,355€55,677€140,811€148,572▲ 5.5%
Current portion of amounts payable after more than one year42€7,237€7,396€4,389€7,392€23,274▲ 215%
Trade debts44€26,587€28,499€1,470€70,860€53,264▼ 24.8%
Suppliers440/4€26,587€28,499€1,470€70,860€53,264▼ 24.8%
Taxes, remuneration and social security45€30,032€37,544€49,818€62,559€72,034▲ 15.1%
Taxes450/3€30,032€34,407€46,289€52,446€58,302▲ 11.2%
Remuneration and social security454/9-€3,137€3,529€10,113€13,732▲ 35.8%
Other amounts payable47/48€2,916€2,916----
Accrued charges and deferred income492/3----€11,400-
Line20212022202320242025Change
Profit (loss) for the period9904€80,443€42,756€79,577€32,812-€24,829▼ 176%
+ Depreciation and write-downs630€17,134€20,182€22,871€18,795€50,092▲ 167%
Operating cash flow (approximation)€97,578€62,938€102,448€51,607€25,263▼ 51.0%
Investment in fixed assets (approximation)-€0-€30,156-€21,883-€257,520▼ 1,077%
Change in cash-€25,335€38,014-€9,418€37,455▲ 498%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
12-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 43 days late
2025
31-12
Financial Weakest financial yearnet -€24,829
Net result drops to -€24,829, the lowest in the series.
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial Equity above €200,000Eq €253,353 ▲45.8%
3 profitable years in a row build equity to €253,353.
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial Equity above €150,000Eq €173,776 ▲32.6%
2 profitable years in a row build equity to €173,776.
28-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
31-12
Financial Back to profitnet €80,443
Net result €80,443 after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 2.03
Current ratio from 0.70 to 2.03.
31-12
Financial Equity above €100,000Eq €131,020 ▲262%
Equity rises from €36,242 to €131,020.
2020
09-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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, Mouscron · 2 establishment units since 2018
seat establishment All 2 establishment units on the map
Ground area
3.8 ha
Building footprint
2.5 ha
Volume, LiDAR
1,070 m³
2 parcels, Brussels, Wallonia · tallest building 14.3 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
GO CHI
Jules Vantieghemstraat(D) 14, 7711 MouscronRetail trade
since 20182.281.613.214
GO CHI
Boondaalse Steenweg 458, 1050 ElseneRetail trade
since 20242.361.975.932
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
54003R1918/00B000 Wallonia 3.8 ha 1 · 2.5 ha -
21445C0265/00L008 Brussels 123 m² 1 · 123 m² 14.2 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

2 sites
Elsene2.361.975.932
2 permissions
Toelating · Detailhandel · since 21-08-2024
Toelating · Traiteur · since 21-08-2024
Mouscron/Moeskroen2.281.613.214
2 permissions
Toelating · Detailhandel · since 28-11-2018
Toelating · Detailhandel met verwerking · since 28-11-2018

Similar companies · same sector, comparable size

Of 10,510 companies in sector 47110 we hold annual accounts for 5,853. 3,949 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded24-09-2018
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0704905433
Also 9925:BE0704905433
Registered 12-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.