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GO-MAT

Active
Private limited companyfounded 2025active for 1 yearWaterloose Steenweg 600, 1050 Elsene, BelgiumKBO/BCE: BE 1019.028.451
Summary

The computed 12-month bankruptcy probability of GO-MAT is 3.1% (moderate). The 2025 annual accounts show equity of €44,768 and a net result of €40,768. Its solvency ranks better than 53% of 556 sector peers (NACE 79, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Turnover
€172,695
EBIT margin
28.9%
Net result
€40,768
Working capital
€32,669
Balance-sheet composition
Assets €113,023
Fixed assets €12,100
Current assets €100,923
Equity and liabilities €113,023
Equity €44,768
Debt €68,255
Debt finances 60.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€50,530
Cash flow
€41,363
Current ratio
1.48
Debt to equity
1.52
ROE
91.1%
ROA
36.1%
Interest coverage
91.23
Debt ≤ 1 year
€68,255
Income taxes
€11,184
Staff costs
€30,039

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a higher bankruptcy probability: 3.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 11,279 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 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€113,023
Fixed assets21/28€12,100
Tangible fixed assets22/27€12,100
Land and buildings22€12,100
Current assets29/58€100,923
Amounts receivable within one year40/41€100,909
Trade receivables40€52,172
Other amounts receivable41€48,737
Cash at bank and in hand54/58€14
Equity and liabilities
Total equity and liabilities10/49€113,023
Equity10/15€44,768
Contributions10/11€4,000
Profit (loss) carried forward14€40,768
Amounts payable17/49€68,255
Amounts payable within one year42/48€68,255
Trade debts44€55,926
Suppliers440/4€55,926
Taxes, remuneration and social security45€12,328
Taxes450/3€12,328
Income statement Code2025
Turnover70€172,695
Goods, raw materials, services and sundry goods60/61€104,151
Remuneration, social security and pensions62€30,039
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€595
Other operating charges640/8€908
Gross operating margin9900€81,476
Operating profit (loss)9901€49,935
Financial income75/76B€2,571
Recurring financial income75€2,571
Financial charges65/66B€554
Recurring financial charges65€554
Profit (loss) for the period before taxes9903€51,952
Income taxes67/77€11,184
Profit (loss) for the period9904€40,768
Profit (loss) for the period to be appropriated9905€40,768
Appropriation of the result
Profit (loss) to be appropriated9906€40,768

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Turnover70€172,695
Goods, raw materials, services and sundry goods60/61€104,151
Remuneration, social security and pensions62€30,039
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€595
Other operating charges640/8€908
Gross operating margin9900€81,476
Operating profit (loss)9901€49,935
Financial income75/76B€2,571
Recurring financial income75€2,571
Financial charges65/66B€554
Recurring financial charges65€554
Profit (loss) for the period before taxes9903€51,952
Income taxes67/77€11,184
Profit (loss) for the period9904€40,768
Profit (loss) for the period to be appropriated9905€40,768
Line2025
Assets
Total assets20/58€113,023
Fixed assets21/28€12,100
Tangible fixed assets22/27€12,100
Land and buildings22€12,100
Current assets29/58€100,923
Amounts receivable within one year40/41€100,909
Trade receivables40€52,172
Other amounts receivable41€48,737
Cash at bank and in hand54/58€14
Equity and liabilities
Total equity and liabilities10/49€113,023
Equity10/15€44,768
Contributions10/11€4,000
Profit (loss) carried forward14€40,768
Amounts payable17/49€68,255
Amounts payable within one year42/48€68,255
Trade debts44€55,926
Suppliers440/4€55,926
Taxes, remuneration and social security45€12,328
Taxes450/3€12,328
Line2025
Profit (loss) for the period9904€40,768
+ Depreciation and write-downs630€595
Operating cash flow (approximation)€41,363

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

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 24-07-2026 2026-00325230

Similar companies · same sector, comparable size

Of the 1,430 active companies whose main activity is travel agency activities (NACE 79110), figures are known for 894. 668 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.