Go ECO
ActiveSummary
Go ECO has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49k and a net result of €978. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 50% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70=
Solvency67▼-6
Growth35=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.17 against 2.63 in 2024; short-term debt: 45.6% and cash: 20.6% of total assets), but 57.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
42.1%
Return on assets
0.8%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-03-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
25 d early
2023
26 d early
2022
32 d early
2021
37 d early
2020
32 d early
2019
29 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€130k▼ 24.9%
2021 · €173k
2018: €310k
2019: €645k
2020: €206k
2021: €173k
2018 → 2022
EBIT margin
13.8%▲ 65.5pp
2021 · -51.7%
2018: 9.6%
2019: 6.8%
2020: -7.6%
2021: -51.7%
2018 → 2022
Net result
€978▲ 7.8%
2024 · €907
2018: €24k
2019: €31k
2020: €-14k
2021: €-90k
2022: €17k
2023: €57k
2024: €907
2018 → 2025
Working capital
€62k▲ 13.9%
2024 · €54k
2018: €84k
2019: €93k
2020: €84k
2021: €-5k
2022: €7k
2023: €58k
2024: €54k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€173k-€130k▼ 24.9%
Equity€-27k-€-10k▲ 62.8%€47k€48k▲ 1.9%€49k▲ 2.0%
Operating result€-90k-€18k€57k▲ 221%€1k▼ 97.7%€2k▲ 48.9%
Net result€-90k-€17k€57k▲ 234%€907▼ 98.4%€978▲ 7.8%
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 49% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €116k
Fixed assets
€1k ▼ 87.5%
Current assets
€115k ▲ 31.0%
Equity and liabilities €116k
Equity
€49k ▲ 2.0%
Debt
€67k ▲ 30.8%
Debt's share of the balance-sheet total rises from 51.7% to 57.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€13k▲
2024 · €12k
Cash flow
€12k▲
2024 · €12k
Current ratio
2.17▼
2024 · 2.63
Quick ratio
1.30▼
2024 · 1.93
Debt to equity
1.37▲
2024 · 1.07
ROE
2.0%▲
2024 · 1.9%
ROA
0.8%▼
2024 · 0.9%
Interest coverage
12.54▼
2024 · 16.02
Debt ≤ 1 year
€53k▲
2024 · €33k
Debt > 1 year
€13k=
2024 · €13k
Income taxes
€10▲
2024 · €7
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€99k€116k▲
Fixed assets21/28€12k€1k▼
Tangible fixed assets22/27€12k€1k▼
Plant, machinery and equipment23€1k€927▼
Furniture and vehicles24€11k€543▼
Current assets29/58€88k€115k▲
Stocks and contracts in progress3€23k€46k▲
Stocks30/36€19k€45k▲
Contracts in progress37€4k€460▼
Amounts receivable within one year40/41€50k€44k▼
Trade receivables40€45k€36k▼
Other amounts receivable41€5k€8k▲
Cash at bank and in hand54/58€13k€24k▲
Deferred charges and accrued income490/1€1k€959▼
Equity and liabilities
Total equity and liabilities10/49€99k€116k▲
Equity10/15€48k€49k▲
Contributions10/11€19k€19k=
Reserves13€57k€57k=
Distributable reserves133€57k€57k=
Profit (loss) carried forward14€-28k€-27k▲
Amounts payable17/49€51k€67k▲
Amounts payable after more than one year17€13k€13k=
Other amounts payable178/9€13k€13k=
Amounts payable within one year42/48€33k€53k▲
Current portion of amounts payable after more than one year42€6k-
Trade debts44€19k€40k▲
Suppliers440/4€19k€40k▲
Advances received on contracts in progress46€7k€3k▼
Taxes, remuneration and social security45€1k€4k▲
Taxes450/3€1k€3k▲
Remuneration and social security454/9-€1k
Other amounts payable47/48€142€6k▲
Accrued charges and deferred income492/3€5k€1k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€13k€14k▲
Operating profit (loss)9901€1k€2k▲
Financial income75/76B€369€97▼
Recurring financial income75€369€97▼
Financial charges65/66B€749€1k▲
Recurring financial charges65€749€1k▲
Profit (loss) for the period before taxes9903€915€988▲
Income taxes67/77€7€10▲
Profit (loss) for the period9904€907€978▲
Profit (loss) for the period to be appropriated9905€907€978▲
Appropriation of the result
Profit (loss) to be appropriated9906€-28k€-27k▲
Profit (loss) brought forward from the previous period14P€-29k€-28k▲
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
2026
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
05-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2018net €57k ▲234%
Operating result €57k, net result €57k, both a record.
29-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €17k
Net result €17k after 2 loss-making years.
24-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €-90k
Net result drops to €-90k, the lowest in the series; recovery starts the following year.
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-03
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
5 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, Diepenbeek · 1 establishment unit since 1977
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.
Duifhuisweg 17 hal 43590 DiepenbeekGround area
2,393 m²
Building footprint
1,197 m²
Volume, LiDAR
8,164 m³
Parcel 71402D0221/00C000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Go ECO
since 19772.013.616.763
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71402D0221/00C000 | Flanders | 2,393 m² | 1 · 1,197 m² | 9.1 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 101 EUR awarded · 101 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 60 EUR | 60 EUR |
| 2022 | 1 | 41 EUR | 41 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 977 companies in sector 46431 we hold annual accounts for 705. 412 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-01-1977
Fiscal year end30-09
Activities, NACEBEL 2025
46431Wholesale of electrical household appliances and audio-video equipment
33110Repair and maintenance of fabricated metal products
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43320Joinery installation
43422Screed work
47540Retail sale of electrical household appliances
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:Info@go-eco.be