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GO Projects

Active Risk: not assessed
Private limited companyfounded 20196 yrs activeHendrik Consciencestraat 1B, 2800 Mechelen, BelgiumKBO/BCE: BE 0738.784.662
Summary

GO Projects 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 €6,742 and a net result of €18,336. Equity is growing by ~49.8% per year across the filed fiscal years. Its solvency ranks better than 11% of 5587 sector peers (fiscal year 2025). The company has been active since 2019 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 11% of 5587 sector peers (2025).
NBB · sector comparison
Position among 5587 sector peers
Solvency
better than 11%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-04-2026, 119 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
119 d early
2024
37 d early
2023
37 d early
2022
32 d early
2021
32 d early
2020
36 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 49 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% 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. Usually files around 25 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
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 Projects was incorporated on 5 December 2019 as a Private limited company.1 Total assets went from EUR 81,837 in 2020 to EUR 86,836 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€6,742
2024 · -€11,593
Net result
€18,336▼ 21.5%
2024 · €23,370
Total assets
€86,836▼ 7.9%
2024 · €94,236
Solvency
7.8%▲ 20.1pp
2024 · -12.3%
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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€27,716€27,677▼ 0.1%€42,556▲ 53.8%€23,541▼ 44.7%€18,279▼ 22.4%
Net result€27,526within the sector's middle half€27,831within the sector's middle half▲ 1.1%€42,367within the sector's middle half▲ 52.2%€23,370within the sector's middle half▼ 44.8%€18,336within the sector's middle half▼ 21.5%
Equity-€105,162below the sector's middle half▲ 20.7%-€77,331below the sector's middle half▲ 26.5%-€34,964below the sector's middle half▲ 54.8%-€11,593below the sector's middle half▲ 66.8%€6,742below the sector's middle half
Total assets€109,245below the sector's middle half▲ 33.5%€137,076below the sector's middle half▲ 25.5%€124,144below the sector's middle half▼ 9.4%€94,236below the sector's middle half▼ 24.1%€86,836below the sector's middle half▼ 7.9%
Debt€214,407▼ 0.1%€214,407=€159,108▼ 25.8%€105,829▼ 33.5%€80,094▼ 24.3%
Working capital-€173,804within the sector's middle half▲ 14.0%-€145,175within the sector's middle half▲ 16.5%-€102,011within the sector's middle half▲ 29.7%-€77,843within the sector's middle half▲ 23.7%-€59,508within the sector's middle half▲ 23.6%
Solvency-96.3%below the sector's middle half▲ 65.9pp-56.4%below the sector's middle half▲ 39.8pp-28.2%below the sector's middle half▲ 28.3pp-12.3%below the sector's middle half▲ 15.9pp7.8%below the sector's middle half▲ 20.1pp
Current ratio0.19below the sector's middle half▲ 0.130.32below the sector's middle half▲ 0.130.36within the sector's middle half▲ 0.040.26below the sector's middle half▼ 0.090.26below the sector's middle half▼ 0.01
Return on assets (ROA)25.2%above the sector's middle half▲ 199.6pp20.3%above the sector's middle half▼ 4.9pp34.1%above the sector's middle half▲ 13.8pp24.8%above the sector's middle half▼ 9.3pp21.1%above the sector's middle half▼ 3.7pp
above within below the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000Operating result 2021: €27,716€27,716Net result 2021: €27,526€27,526Operating result 2022: €27,677€27,677Net result 2022: €27,831€27,831Operating result 2023: €42,556€42,556Net result 2023: €42,367€42,367Operating result 2024: €23,541€23,541Net result 2024: €23,370€23,370Operating result 2025: €18,279€18,279Net result 2025: €18,336€18,33620212022202320242025€0€20,000€40,000Operating result 2023: €42,556€42,600Net result 2023: €42,367€42,400Operating result 2024: €23,541€23,500Net result 2024: €23,370€23,400Operating result 2025: €18,279€18,300Net result 2025: €18,336€18,300202320242025
The operating result has fallen two years in a row; 2025 is 22% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €86,836
Fixed assets €66,250 =
Current assets €20,586 ▼ 26.4%
Equity and liabilities €86,836
Equity €6,742
Debt €80,094
Debt finances 92.2% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
ROE
271.9%
Debt ≤ 1 year
€80,094▼
2024 · €105,829
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€94,236€86,836▼
Fixed assets21/28€66,250€66,250=
Tangible fixed assets22/27€66,250€66,250=
Other tangible fixed assets26€66,250€66,250=
Current assets29/58€27,986€20,586▼
Amounts receivable within one year40/41€25,000€0▼
Other amounts receivable41€25,000€0▼
Cash at bank and in hand54/58€2,986€20,586▲
Equity and liabilities
Total equity and liabilities10/49€94,236€86,836▼
Equity10/15-€11,593€6,742▲
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€21,593-€3,258▲
Amounts payable17/49€105,829€80,094▼
Amounts payable within one year42/48€105,829€80,094▼
Financial debts43-€78,000
Other loans439-€78,000
Taxes, remuneration and social security45€2,829€2,094▼
Taxes450/3€2,829€2,094▼
Other amounts payable47/48€103,000€0▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€797€0▼
Other operating charges640/8€535€550▲
Gross operating margin9900€24,874€18,829▼
Operating profit (loss)9901€23,541€18,279▼
Financial income75/76B€12€240▲
Recurring financial income75€12€240▲
Financial charges65/66B€183€183=
Recurring financial charges65€183€183=
Profit (loss) for the period before taxes9903€23,370€18,336▼
Profit (loss) for the period9904€23,370€18,336▼
Profit (loss) for the period to be appropriated9905€23,370€18,336▼
Appropriation of the result
Profit (loss) to be appropriated9906-€21,593-€3,258▲
Profit (loss) brought forward from the previous period14P-€44,964-€21,593▲

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€797€797€797€797€0▼ 100%
Other operating charges640/8€449€480€523€535€550▲ 2.7%
Gross operating margin9900€28,962€28,954€43,877€24,874€18,829▼ 24.3%
Operating profit (loss)9901€27,716€27,677€42,556€23,541€18,279▼ 22.4%
Financial income75/76B-€357-€12€240▲ 1,844%
Recurring financial income75-€357-€12€240▲ 1,844%
Financial charges65/66B€190€203€189€183€183=
Recurring financial charges65€190€203€189€183€183=
Profit (loss) for the period before taxes9903€27,526€27,831€42,367€23,370€18,336▼ 21.5%
Profit (loss) for the period9904€27,526€27,831€42,367€23,370€18,336▼ 21.5%
Profit (loss) for the period to be appropriated9905€27,526€27,831€42,367€23,370€18,336▼ 21.5%
Line20212022202320242025Change
Assets
Total assets20/58€109,245€137,076€124,144€94,236€86,836▼ 7.9%
Formation expenses20€2,392€1,595€797---
Fixed assets21/28€66,250€66,250€66,250€66,250€66,250=
Tangible fixed assets22/27€66,250€66,250€66,250€66,250€66,250=
Other tangible fixed assets26€66,250€66,250€66,250€66,250€66,250=
Current assets29/58€40,603€69,232€57,097€27,986€20,586▼ 26.4%
Amounts receivable within one year40/41€25,000--€25,000€0▼ 100%
Other amounts receivable41€25,000--€25,000€0▼ 100%
Cash at bank and in hand54/58€15,603€69,232€57,097€2,986€20,586▲ 589%
Equity and liabilities
Total equity and liabilities10/49€109,245€137,076€124,144€94,236€86,836▼ 7.9%
Equity10/15-€105,162-€77,331-€34,964-€11,593€6,742▲ 158%
Contributions10/11€10,000€10,000€10,000€10,000€10,000=
Profit (loss) carried forward14-€115,162-€87,331-€44,964-€21,593-€3,258▲ 84.9%
Amounts payable17/49€214,407€214,407€159,108€105,829€80,094▼ 24.3%
Amounts payable within one year42/48€214,407€214,407€159,108€105,829€80,094▼ 24.3%
Financial debts43----€78,000-
Other loans439----€78,000-
Taxes, remuneration and social security45€1,407€1,407€6,108€2,829€2,094▼ 26.0%
Taxes450/3€1,407€1,407€6,108€2,829€2,094▼ 26.0%
Other amounts payable47/48€213,000€213,000€153,000€103,000€0▼ 100%
Line20212022202320242025Change
Profit (loss) for the period9904€27,526€27,831€42,367€23,370€18,336▼ 21.5%
+ Depreciation and write-downs630€797€797€797€797€0▼ 100%
Operating cash flow (approximation)€28,323€28,629€43,164€24,168€18,336▼ 24.1%
Investment in fixed assets (approximation)--€797-€797-€797€0▲ 100%
Change in cash-€53,629-€12,135-€54,111€17,601▲ 133%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-04
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Highest result since 2020net €42,367 ▲52.2%
Operating result €42,556, net result €42,367, both a record.
29-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Back to profitnet €27,526
Net result €27,526 after one loss-making year.
25-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated 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, Mechelen · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
1,691 m²
Building footprint
659 m²
Parcel 12403D0088/00X000, Flanders. Linked by address, not a title deed.
23 companies at this address See who is registered here
1 establishment unit
GO Projects
Hendrik Consciencestraat 1B, 2800 MechelenFinancial service activities, except insurance and pension funding
since 20202.298.133.896
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12403D0088/00X000 Flanders 1,691 m² 1 · 659 m² -
Linked by address, not proof of ownership
Good to know
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 24,729 companies in sector 64210 we hold annual accounts for 19,800. 3,954 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
Founded05-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0738784662
Registered 09-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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