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GO FACILITY

Inactive
KBO/BCE: BE 0674.437.337

GO FACILITY was declared bankrupt on 25-01-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 27-06-2023, published in the Belgian State Gazette on 04-10-2023.

Summary

Inactive; last annual accounts for fiscal year 2018.

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GO FACILITYInactive
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Signals

Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filings
Position against the passed deadline
31-12-2019 close31-07-2020 deadline29-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 11-06-2019, 50 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filings

The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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 FACILITY has filed 2 sets of annual accounts, the latest for fiscal year 2018.1 The company was declared bankrupt on 25 January 2022; the bankruptcy was closed on 27 June 2023.23

  1. 1National Bank, annual accounts 2018
  2. 2Belgian State Gazette, 31-01-2022
  3. 3Belgian State Gazette, 04-10-2023

Financials · fiscal year 2018, micro schema

Equity
€41,112
Total assets
€106,129
Net result
€9,408
Working capital
€37,312

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €106,129
Fixed assets €3,800
Current assets €102,329
Equity and liabilities €106,129
Equity €41,112
Debt €65,017
Debt finances 61.3% of the balance-sheet total.
Key figures and ratios
2018 value
EBITDA
€15,289
Cash flow
€11,262
Current ratio
1.57
ROE
22.9%
ROA
8.9%
Debt ≤ 1 year
€65,017
Income taxes
€3,887
Annual accounts
Filed annual accounts As filed with the NBB · 2018 · 24 lines
Balance sheet Code2018
Assets
Total assets20/58€106,129
Fixed assets21/28€3,800
Tangible fixed assets22/27€3,707
Financial fixed assets28€93
Current assets29/58€102,329
Amounts receivable within one year40/41€62,010
Cash at bank and in hand54/58€40,234
Equity and liabilities
Total equity and liabilities10/49€106,129
Equity10/15€41,112
Contributions10/11€18,600
Reserves13€1,860
Profit (loss) carried forward14€20,652
Amounts payable17/49€65,017
Amounts payable within one year42/48€65,017
Trade debts44€53,794
Income statement Code2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,854
Gross operating margin9900€15,289
Operating profit (loss)9901€13,435
Recurring financial income75€58
Recurring financial charges65€198
Profit (loss) for the period before taxes9903€13,295
Income taxes67/77€3,887
Profit (loss) for the period9904€9,408
Profit (loss) for the period to be appropriated9905€9,408
Line2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,854
Gross operating margin9900€15,289
Operating profit (loss)9901€13,435
Recurring financial income75€58
Recurring financial charges65€198
Profit (loss) for the period before taxes9903€13,295
Income taxes67/77€3,887
Profit (loss) for the period9904€9,408
Profit (loss) for the period to be appropriated9905€9,408
Line2018
Assets
Total assets20/58€106,129
Fixed assets21/28€3,800
Tangible fixed assets22/27€3,707
Financial fixed assets28€93
Current assets29/58€102,329
Amounts receivable within one year40/41€62,010
Cash at bank and in hand54/58€40,234
Equity and liabilities
Total equity and liabilities10/49€106,129
Equity10/15€41,112
Contributions10/11€18,600
Reserves13€1,860
Profit (loss) carried forward14€20,652
Amounts payable17/49€65,017
Amounts payable within one year42/48€65,017
Trade debts44€53,794
Line2018
Profit (loss) for the period9904€9,408
+ Depreciation and write-downs630€1,854
Operating cash flow (approximation)€11,262

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

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Timeline · acts, filings and financial milestones

2023
04-10
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · event 27-06-2023
2022
31-01
Bankruptcy Opening
Ondernemingsrechtbank Brussel · event 25-01-2022
2019
11-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
11-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 72 days late
SignalNBB filing
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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

Insolvency mandates

1 mandate
Role Name Tenure
Curator Frans DE ROY
WOLSTRAAT 19/21, 1000 BRUSSEL 1-
 25-01-2022 → 27-06-2023

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