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GO PA

Active
Private limited companyfounded 20224 yrs activeKuringersteenweg 15, 3500 Hasselt, BelgiumKBO/BCE: BE 0781.622.535
Summary

GO PA has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €211k and a net result of €80k. Equity is growing by ~51.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
94 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth74▲+26
Track record94
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 37.62 against 11.39 in 2023; short-term debt: 2.6% and cash: 49.4% of total assets), and 2.7% of the assets are financed with debt.
Credit check 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
97.3%
Return on assets
36.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-08-2025, 11 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 · 3 filings
Deviation from the deadline
2025
not confirmed
2024
11 d late
2023
37 d early
2022
38 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2024, micro schema

Turnover
€184k▲ 18.5%
2023 · €155k
2022: €152k 2023: €155k
2022 → 2024
EBIT margin
54.0%▲ 6.5pp
2023 · 47.5%
2022: 58.4% 2023: 47.5%
2022 → 2024
Net result
€80k▲ 38.3%
2023 · €58k
2022: €70k 2023: €58k
2022 → 2024
Working capital
€204k▲ 68.0%
2023 · €121k
2022: €62k 2023: €121k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202220232024Trend
Turnover€152k-€155k▲ 1.8%€184k▲ 18.5%
Equity€75k-€132k▲ 76.3%€211k▲ 60.1%
Operating result€89k-€74k▼ 17.3%€99k▲ 34.6%
Net result€70k-€58k▼ 18.0%€80k▲ 38.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75k€100kOperating result 2022: €89k€89kNet result 2022: €70k€70kOperating result 2023: €74k€74kNet result 2023: €58k€58kOperating result 2024: €99k€99kNet result 2024: €80k€80k202220232024€0€25k€50k€75k€100kOperating result 2022: €89k€89kNet result 2022: €70k€70kOperating result 2023: €74k€74kNet result 2023: €58k€58kOperating result 2024: €99k€99kNet result 2024: €80k€80k202220232024
The operating result recovers in 2024; 2024 is 35% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €217k
Fixed assets €7k ▼ 32.6%
Current assets €210k ▲ 57.5%
Equity and liabilities €217k
Equity €211k ▲ 60.1%
Debt €6k ▼ 50.4%
Debt's share of the balance-sheet total falls from 8.2% to 2.7%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€103k▲
2023 · €77k
Cash flow
€83k▲
2023 · €61k
Current ratio
37.62▲
2023 · 11.39
Debt to equity
0.03▼
2023 · 0.09
ROE
37.9%▼
2023 · 43.9%
ROA
36.9%▼
2023 · 40.3%
Interest coverage
1158.69▲
2023 · 875.37
Debt ≤ 1 year
€6k▼
2023 · €12k
Income taxes
€22k▲
2023 · €16k
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 · 2024 against 2023 · 43 lines
Balance sheet Code20232024
Assets
Total assets20/58€143k€217k▲
Fixed assets21/28€10k€7k▼
Tangible fixed assets22/27€10k€7k▼
Furniture and vehicles24€10k€7k▼
Current assets29/58€133k€210k▲
Amounts receivable within one year40/41€51k€51k▲
Trade receivables40€26k€25k▼
Other amounts receivable41€25k€26k▲
Current investments50/53€70k€50k▼
Cash at bank and in hand54/58€12k€107k▲
Deferred charges and accrued income490/1€117€2k▲
Equity and liabilities
Total equity and liabilities10/49€143k€217k▲
Equity10/15€132k€211k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€127k€206k▲
Amounts payable17/49€12k€6k▼
Amounts payable within one year42/48€12k€6k▼
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€6k€2k▼
Taxes450/3€4k€2k▼
Remuneration and social security454/9€3k€0▼
Other amounts payable47/48€2k€855▼
Accrued charges and deferred income492/3€146€301▲
Income statement Code20232024
Turnover70€155k€184k▲
Non-recurring operating income76A€0€0=
Goods, raw materials, services and sundry goods60/61€78k€81k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€601€628▲
Gross operating margin9900€78k€103k▲
Operating profit (loss)9901€74k€99k▲
Financial income75/76B€0€2k▲
Recurring financial income75€0€2k▲
Financial charges65/66B€88€89▲
Recurring financial charges65€88€89▲
Profit (loss) for the period before taxes9903€74k€101k▲
Income taxes67/77€16k€22k▲
Profit (loss) for the period9904€58k€80k▲
Profit (loss) for the period to be appropriated9905€58k€80k▲
Appropriation of the result
Profit (loss) to be appropriated9906€127k€207k▲
Profit (loss) brought forward from the previous period14P€70k€127k▲
Profit to be distributed694/7€800€833▲
Return on contributions (dividend)694€800€833▲

The notes to these accounts (4 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

2025
11-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
31-12
Financial Highest result since 2022net €80k ▲38.3%
Operating result €99k, net result €80k, both a record.
31-12
Financial Liquidity triplescurrent ratio 37.62
Current ratio from 11.39 to 37.62; short-term debt falls from €12k to €6k.
31-12
Financial Equity above €200kEq €211k ▲60.1%
3 profitable years in a row build equity to €211k.
24-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet €58k ▼18%
Net result drops to €58k, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity quadruplescurrent ratio 11.39
Current ratio from 3.17 to 11.39; short-term debt falls from €28k to €12k.
31-12
Financial Equity above €100kEq €132k ▲76.3%
2 profitable years in a row build equity to €132k.
23-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Hasselt · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
283 m²
Building footprint
93 m²
Volume, LiDAR
934 m³
Parcel 71327G0610/00A002, Flanders · tallest building 14.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
GO PA
Kuringersteenweg 15, 3500 HasseltIT consultancy
since 20222.328.657.620
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71327G0610/00A002 Flanders 283 m² 1 · 93 m² 14.6 m · 4 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 82,553 companies in sector 70200 we hold annual accounts for 52,572. 39,627 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
Founded04-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
82100Office administrative and support services
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.