Summary
GO FORWARD is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €59,158 and a net result of €48,203. Equity is growing by ~45.8% per year across the filed fiscal years. Its solvency ranks better than 19% of 2460 sector peers (fiscal year 2025). The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 2460 sector peers (2025).
NBB · sector comparisonPosition among 2460 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
2023
30 d late
2022
60 d late
2021
151 d late
2020
37 d late
2019
524 d 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 123 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% 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 monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What changed in the latest annual accounts?What changed Is the workforce growing, and do people stay?Employer check
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€59,158▲ 440%
2024 · €10,955
Net result
€48,203▼ 18.6%
2024 · €59,244
Total assets
€484,911▲ 24.6%
2024 · €389,269
Solvency
12.2%▲ 9.4pp
2024 · 2.8%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, 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€107,626▲ 288%€30,786▼ 71.4%€79,101▲ 157%€81,900▲ 3.5%€83,636▲ 2.1%
Net result€75,351above the sector's middle half▲ 393%€363below the sector's middle half▼ 99.5%€34,281within the sector's middle half▲ 9,350%€59,244within the sector's middle half▲ 72.8%€48,203within the sector's middle half▼ 18.6%
Equity-€82,933below the sector's middle half▲ 47.6%-€82,570below the sector's middle half▲ 0.4%-€48,289below the sector's middle half▲ 41.5%€10,955below the sector's middle half€59,158within the sector's middle half▲ 440%
Total assets€169,228within the sector's middle half▲ 42.1%€171,714within the sector's middle half▲ 1.5%€182,577within the sector's middle half▲ 6.3%€389,269within the sector's middle half▲ 113%€484,911within the sector's middle half▲ 24.6%
Debt€252,161▼ 9.1%€254,284▲ 0.8%€230,866▼ 9.2%€378,314▲ 63.9%€425,753▲ 12.5%
Working capital€92,238▲ 88.7%€73,207▼ 20.6%€43,974▼ 39.9%-€6,824-€3,809▲ 44.2%
Solvency-49.0%below the sector's middle half▲ 83.9pp-48.1%below the sector's middle half▲ 0.9pp-26.4%below the sector's middle half▲ 21.6pp2.8%below the sector's middle half▲ 29.3pp12.2%below the sector's middle half▲ 9.4pp
Staff (FTE)2=2.8▲ 40.0%2.9▲ 3.6%2.9=2.9=
above
within
below
the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, 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
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 2% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €484,911
Fixed assets
€380,317 ▲ 40.0%
Current assets
€104,593 ▼ 11.1%
Equity and liabilities €484,911
Equity
€59,158 ▲ 440%
Debt
€425,753 ▲ 12.5%
Debt's share of the balance-sheet total falls from 97.2% to 87.8%. Equity and debt are higher.
Key figures and ratios
ROE
81.5%▼
2024 · 540.8%
ROA
9.9%▼
2024 · 15.2%
Debt ≤ 1 year
€108,403▼
2024 · €124,489
Debt > 1 year
€317,350▲
2024 · €253,437
Income taxes
€20,437▲
2024 · €16,759
Staff costs
€135,545▲
2024 · €117,861
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €9,287 | - | - | - | - | - |
| Remuneration, social security and pensions62 | €85,400 | €97,233 | €115,608 | €117,861 | €135,545 | ▲ 15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,024 | €5,428 | €5,742 | €5,217 | €28,485 | ▲ 446% |
| Other operating charges640/8 | €948 | €1,741 | €1,224 | €5,728 | €4,630 | ▼ 19.2% |
| Non-recurring operating charges66A | €5,924 | - | - | - | - | - |
| Gross operating margin9900 | €203,923 | €135,189 | €201,675 | €210,705 | €252,296 | ▲ 19.7% |
| Operating profit (loss)9901 | €107,626 | €30,786 | €79,101 | €81,900 | €83,636 | ▲ 2.1% |
| Financial income75/76B | €44 | €81 | €24 | €68 | €4 | ▼ 94.1% |
| Recurring financial income75 | €44 | €81 | €24 | €68 | €4 | ▼ 94.1% |
| Financial charges65/66B | €7,588 | €13,016 | €6,892 | €5,965 | €14,999 | ▲ 151% |
| Recurring financial charges65 | €7,588 | €8,234 | €6,892 | €5,965 | €14,999 | ▲ 151% |
| Non-recurring financial charges66B | - | €4,782 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €100,082 | €17,852 | €72,233 | €76,003 | €68,640 | ▼ 9.7% |
| Income taxes67/77 | €24,730 | €17,489 | €37,952 | €16,759 | €20,437 | ▲ 22.0% |
| Profit (loss) for the period9904 | €75,351 | €363 | €34,281 | €59,244 | €48,203 | ▼ 18.6% |
| Profit (loss) for the period to be appropriated9905 | €75,351 | €363 | €34,281 | €59,244 | €48,203 | ▼ 18.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €169,228 | €171,714 | €182,577 | €389,269 | €484,911 | ▲ 24.6% |
| Fixed assets21/28 | €10,120 | €11,565 | €51,531 | €271,604 | €380,317 | ▲ 40.0% |
| Intangible fixed assets21 | - | - | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €9,934 | €11,379 | €48,172 | €268,244 | €376,958 | ▲ 40.5% |
| Land and buildings22 | €2,990 | €2,462 | €1,935 | €203,585 | €193,813 | ▼ 4.8% |
| Plant, machinery and equipment23 | €5,032 | €2,496 | €1,380 | €20,235 | €128,821 | ▲ 537% |
| Furniture and vehicles24 | €1,913 | €1,958 | €1,246 | €401 | €11,741 | ▲ 2,824% |
| Leasing and similar rights25 | - | €4,463 | €2,237 | €2,649 | €1,208 | ▼ 54.4% |
| Other tangible fixed assets26 | - | - | €41,375 | €41,375 | €41,375 | = |
| Financial fixed assets28 | €186 | €186 | €3,359 | €3,359 | €3,359 | = |
| Current assets29/58 | €159,108 | €160,149 | €131,046 | €117,665 | €104,593 | ▼ 11.1% |
| Amounts receivable after more than one year29 | - | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Other amounts receivable291 | - | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Amounts receivable within one year40/41 | €84,810 | €70,038 | €56,549 | €71,814 | €53,852 | ▼ 25.0% |
| Trade receivables40 | €65,592 | €41,673 | €56,549 | €71,814 | €53,852 | ▼ 25.0% |
| Other amounts receivable41 | €19,218 | €28,365 | - | - | - | - |
| Cash at bank and in hand54/58 | €68,947 | €42,610 | €4,187 | €1,696 | €6,925 | ▲ 308% |
| Deferred charges and accrued income490/1 | €5,352 | €7,501 | €30,310 | €4,155 | €3,816 | ▼ 8.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €169,228 | €171,714 | €182,577 | €389,269 | €484,911 | ▲ 24.6% |
| Equity10/15 | -€82,933 | -€82,570 | -€48,289 | €10,955 | €59,158 | ▲ 440% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Profit (loss) carried forward14 | -€101,525 | -€101,162 | -€66,881 | -€7,637 | €40,566 | ▲ 631% |
| Amounts payable17/49 | €252,161 | €254,284 | €230,866 | €378,314 | €425,753 | ▲ 12.5% |
| Amounts payable after more than one year17 | €185,291 | €165,184 | €143,794 | €253,437 | €317,350 | ▲ 25.2% |
| Financial debts170/4 | €185,291 | €165,184 | €143,794 | €253,437 | €317,350 | ▲ 25.2% |
| Amounts payable within one year42/48 | €66,870 | €86,942 | €87,072 | €124,489 | €108,403 | ▼ 12.9% |
| Current portion of amounts payable after more than one year42 | €18,901 | €20,107 | €21,390 | €26,740 | €14,863 | ▼ 44.4% |
| Financial debts43 | - | - | €590 | €12,915 | €994 | ▼ 92.3% |
| Credit institutions430/8 | - | - | €590 | €12,915 | €994 | ▼ 92.3% |
| Trade debts44 | €14,998 | €10,947 | €7,554 | €19,625 | €14,065 | ▼ 28.3% |
| Suppliers440/4 | €14,998 | €10,947 | €7,554 | €19,625 | €14,065 | ▼ 28.3% |
| Advances received on contracts in progress46 | - | €2,092 | - | - | - | - |
| Taxes, remuneration and social security45 | €32,971 | €53,795 | €54,590 | €63,987 | €67,950 | ▲ 6.2% |
| Taxes450/3 | €26,298 | €50,083 | €46,263 | €48,853 | €52,905 | ▲ 8.3% |
| Remuneration and social security454/9 | €6,672 | €3,712 | €8,327 | €15,133 | €15,045 | ▼ 0.6% |
| Other amounts payable47/48 | - | - | €2,949 | €1,223 | €10,530 | ▲ 761% |
| Accrued charges and deferred income492/3 | - | €2,158 | - | €387 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €75,351 | €363 | €34,281 | €59,244 | €48,203 | ▼ 18.6% |
| + Depreciation and write-downs630 | €4,024 | €5,428 | €5,742 | €5,217 | €28,485 | ▲ 446% |
| Operating cash flow (approximation) | €79,376 | €5,791 | €40,023 | €64,461 | €76,689 | ▲ 19.0% |
| Investment in fixed assets (approximation) | - | -€6,873 | -€45,709 | -€225,289 | -€137,199 | ▲ 39.1% |
| Change in cash | - | -€26,337 | -€38,423 | -€2,491 | €5,229 | ▲ 310% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
29-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 151 days late
2021
31-12
Financial
Highest result since 2019net €75,351 ▲393%
Operating result €107,626, net result €75,351, both a record.
06-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 37 days late
06-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 524 days late
2020
31-12
Financial
Back to profitnet €15,275
Net result €15,275 after one loss-making year.
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
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.
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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, Mons · 2 establishment units since 1997
Ground area
2,964 m²
Building footprint
465 m²
Volume, LiDAR
4,159 m³
2 parcels, Wallonia · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
Route de Philippeville(Tar) 87, 5651 Walcourt
since 19972.083.397.870
Avenue d'Hyon 45, 7000 Mons
since 20152.271.473.249
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93076C0336/00R002 | Wallonia | 1,484 m² | 1 · 109 m² | - |
| 53053D0216/00F002 | Wallonia | 1,480 m² | 1 · 356 m² | 14.7 m · 4 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.
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Of 4,673 companies in sector 66220 we hold annual accounts for 3,222. 2,401 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
Founded22-05-1997
Fiscal year end31-12
Activities, NACEBEL 2025
66220Insurance agents and brokers
Contact
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.