Go Ocean

Active

Private limited companyfounded 20242 yrs activeKoningin Astridlaan 178A, 9000 Gent, BelgiumKBO/BCE: BE 1005.260.785

The computed 12-month bankruptcy probability of Go Ocean is 2.6% (moderate). The 2025 annual accounts show negative equity (€-36k) and a net result of €3k. Its solvency ranks better than 10% of 45 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

54 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability71▲+71

Solvency0▼-9

Growth78

Track record82

Bankruptcy probability, 12 months

2.6% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity ample (current ratio 5.22 against 4.21 in 2024; short-term debt: 18.3% and cash: 73.3% of total assets), but equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 03

Relative position

BE, all sectors

reference

Sector 03

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

-27.6%

Return on assets

Age of the figures

9 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 45 sector peers (2025).

NBB · sector comparison

Position among 45 sector peers

Solvency

better than 10%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

11 d early

2024

34 d early

← before the deadline after the deadline →

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

20-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, abbreviated schema

Equity

€-36k▲ 6.8%

2024 · €-38k

2024: €-38k

2024 → 2025

Total assets

€129k▼ 44.5%

2024 · €233k

2024: €233k

2024 → 2025

Net result

€3k

2024 · €-39k

2024: €-39k

2024 → 2025

Working capital

€100k▼ 42.2%

2024 · €173k

2024: €173k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€-38k-€-36k▲ 6.8%

Operating result€-39k-€3k

Net result€-39k-€3k

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

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €3k after a loss of €39k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €129k

95.5%

Fixed assets €6k▼ 13.7%

Current assets €123k▼ 45.4%

Key figures and ratios

2025 value · change against 2024

EBITDA

€4k▲

2024 · €-38k

Cash flow

€4k▲

2024 · €-39k

Solvency

-27.6%▼

2024 · -16.4%

Current ratio

5.22▲

2024 · 4.21

Quick ratio

5.22▲

2024 · 4.21

Debt / equity

-4.62▲

2024 · -7.09

ROA

2.0%▲

2024 · -16.9%

Interest coverage

7.23▲

2024 · -125.67

Debt

€165k▼

2024 · €271k

Debt ≤ 1 year

€24k▼

2024 · €54k

Debt > 1 year

€141k=

2024 · €141k

Income taxes

€0▼

2024 · €4

Staff costs

€59k▲

2024 · €45k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€233k€129k▼

Fixed assets21/28€7k€6k▼

Intangible fixed assets21€3k€2k▼

Tangible fixed assets22/27€2k€2k▼

Furniture and vehicles24€2k€2k▼

Financial fixed assets28€1k€1k=

Current assets29/58€226k€123k▼

Amounts receivable within one year40/41€4k€29k▲

Trade receivables40€4k€23k▲

Other amounts receivable41-€6k

Cash at bank and in hand54/58€223k€95k▼

Equity and liabilities

Total equity and liabilities10/49€233k€129k▼

Equity10/15€-38k€-36k▲

Contributions10/11€1k€1k=

Profit (loss) carried forward14€-39k€-37k▲

Amounts payable17/49€271k€165k▼

Amounts payable after more than one year17€141k€141k=

Financial debts170/4€141k€141k=

Amounts payable within one year42/48€54k€24k▼

Trade debts44€28k€17k▼

Suppliers440/4€28k€17k▼

Advances received on contracts in progress46€182€0▼

Taxes, remuneration and social security45€22k€2k▼

Taxes450/3€22k€652▼

Remuneration and social security454/9-€1k

Other amounts payable47/48€4k€4k▲

Accrued charges and deferred income492/3€76k€0▼

Income statement Code20242025

Remuneration, social security and pensions62€45k€59k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€594€924▲

Other operating charges640/8€1k€867▼

Non-recurring operating charges66A-€5

Gross operating margin9900€8k€63k▲

Operating profit (loss)9901€-39k€3k▲

Financial income75/76B€27€172▲

Recurring financial income75€27€172▲

Financial charges65/66B€306€536▲

Recurring financial charges65€306€536▲

Profit (loss) for the period before taxes9903€-39k€3k▲

Income taxes67/77€4€0▼

Profit (loss) for the period9904€-39k€3k▲

Profit (loss) for the period to be appropriated9905€-39k€3k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-39k€-37k▲

Profit (loss) brought forward from the previous period14P-€-39k

Social balance

Average headcount (FTE)90870.61.0▲

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 3Financial 1Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

20-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

31-12

Financial Back to profitnet €3k

Net result €3k after one loss-making year.

27-06

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Gent · 1 establishment unit since 2024

establishment The establishment unit on the map

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.

Koningin Astridlaan 178A9000 Gent

Ground area

102 m²

Building footprint

79 m²

Volume, LiDAR

712 m³

Parcel 44809I0704/00M003, Flanders · tallest building 15.6 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

Go Ocean

Koningin Astridlaan 178A, 9000 GentOther retail sale of new goods

since 20242.356.435.648

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44809I0704/00M003	Flanders	102 m²	1 · 79 m²	15.6 m · 3 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.

Similar companies · same sector, comparable size

Of 22 companies in sector 03210 we hold annual accounts for 6. 2 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded26-01-2024

Fiscal year end31-12

Activities, NACEBEL

03210Fishing and aquaculture

94994Activities of membership organisations

46180Agents specialised in the wholesale of other particular products

70210Activities of head offices; management consultancy activities

73110Advertising agencies

73300Public relations and communication consultancy

82100Office administrative and support services

82110Office administrative, office support and other business support activities

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.