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GO - TRADE

Active
Private limited companyfounded 199332 yrs activeRue de la Terre à Briques(MAR) 39, 7522 Tournai, BelgiumKBO/BCE: BE 0451.686.537
Summary

The computed 12-month bankruptcy probability of GO - TRADE is 2.3% (moderate). The 2025 annual accounts show negative equity (-€28,724) and a net result of -€1,428. Equity is shrinking by ~4.2% per year across the filed fiscal years. The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 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
Age of the figures
Age of the figures
12 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 32 years 0 40 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€28,724
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-03-2026, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
44 d early
2024
65 d early
2023
50 d early
2022
48 d early
2021
51 d early
2020
45 d early
2019
48 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 50 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 12 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today30-09-2026 close30-04-2027 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 - TRADE was incorporated on 21 December 1993.1 The company has filed 31 sets of annual accounts, the latest for fiscal year 2025.2

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

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€1,428▲ 51.4%
2024 · -€2,940
Working capital
-€28,324▼ 5.3%
2024 · -€26,908
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€897▲ 8.9%-€933▼ 4.0%-€746▲ 20.0%-€2,940▼ 294%-€1,428▲ 51.4%
Net result-€897▲ 8.9%-€933▼ 4.0%-€746▲ 20.0%-€2,940▼ 294%-€1,428▲ 51.4%
Equity-€22,677▼ 4.1%-€23,609▼ 4.1%-€24,356▼ 3.2%-€27,295▼ 12.1%-€28,724▼ 5.2%
Total assets€26=€26=€26=€26=€26=
Debt€22,703▲ 4.1%€23,636▲ 4.1%€24,382▲ 3.2%€27,322▲ 12.1%€28,750▲ 5.2%
Working capital-€22,329▼ 4.2%-€23,262▼ 4.2%-€23,971▼ 3.1%-€26,908▼ 12.3%-€28,324▼ 5.3%
Staff (FTE)000
Result per fiscal year
Operating resultNet result
-€3,000-€2,000-€1,000€0Operating result 2021: -€897-€897Net result 2021: -€897-€897Operating result 2022: -€933-€933Net result 2022: -€933-€933Operating result 2023: -€746-€746Net result 2023: -€746-€746Operating result 2024: -€2,940-€2,940Net result 2024: -€2,940-€2,940Operating result 2025: -€1,428-€1,428Net result 2025: -€1,428-€1,42820212022202320242025-€3,000-€2,000-€1,000€0Operating result 2023: -€746-€746Net result 2023: -€746-€746Operating result 2024: -€2,940-€2,940Net result 2024: -€2,940-€2,940Operating result 2025: -€1,428-€1,430Net result 2025: -€1,428-€1,430202320242025
The operating result stays negative: a loss of €1,428 in 2025 against €2,940 in 2024; the loss shrinks.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€28,351▲
2024 · €26,935
Ratios withheld: a balance sheet total of €26 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,622 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
4.6% went bankrupt
10.0% stopped otherwise
84% still going

A further 1.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
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% 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 6,622 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 against 2024 · 26 lines
Balance sheet Code20242025
Assets
Total assets20/58€26€26=
Current assets29/58€26€26=
Amounts receivable within one year40/41€26€26=
Other amounts receivable41€26€26=
Equity and liabilities
Total equity and liabilities10/49€26€26=
Equity10/15-€27,295-€28,724▼
Contributions10/11€32,226€32,226=
Reserves13€1,386€1,386=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€1,386€1,386=
Profit (loss) carried forward14-€60,908-€62,337▼
Amounts payable17/49€27,322€28,750▲
Amounts payable within one year42/48€26,935€28,351▲
Trade debts44€0-
Suppliers440/4€0-
Other amounts payable47/48€26,935€28,351▲
Accrued charges and deferred income492/3€387€400▲
Income statement Code20242025
Gross operating margin9900-€2,940-€1,428▲
Operating profit (loss)9901-€2,940-€1,428▲
Profit (loss) for the period before taxes9903-€2,940-€1,428▲
Profit (loss) for the period9904-€2,940-€1,428▲
Profit (loss) for the period to be appropriated9905-€2,940-€1,428▲
Appropriation of the result
Profit (loss) to be appropriated9906-€60,908-€62,337▼
Profit (loss) brought forward from the previous period14P-€57,968-€60,908▼
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Gross operating margin9900-€897-€933-€746-€2,940-€1,428▲ 51.4%
Operating profit (loss)9901-€897-€933-€746-€2,940-€1,428▲ 51.4%
Profit (loss) for the period before taxes9903-€897-€933-€746-€2,940-€1,428▲ 51.4%
Profit (loss) for the period9904-€897-€933-€746-€2,940-€1,428▲ 51.4%
Profit (loss) for the period to be appropriated9905-€897-€933-€746-€2,940-€1,428▲ 51.4%
Line20212022202320242025Change
Assets
Total assets20/58€26€26€26€26€26=
Current assets29/58€26€26€26€26€26=
Amounts receivable within one year40/41€26€26€26€26€26=
Other amounts receivable41-€26€26€26€26=
Equity and liabilities
Total equity and liabilities10/49€26€26€26€26€26=
Equity10/15-€22,677-€23,609-€24,356-€27,295-€28,724▼ 5.2%
Contributions10/11-€32,226€32,226€32,226€32,226=
Reserves13€1,386€1,386€1,386€1,386€1,386=
Non-distributable reserves130/1-€1,386€1,386€0--
Reserves not available under the articles1311-€1,386€1,386€0--
Distributable reserves133---€1,386€1,386=
Profit (loss) carried forward14-€56,289-€57,222-€57,968-€60,908-€62,337▼ 2.3%
Amounts payable17/49€22,703€23,636€24,382€27,322€28,750▲ 5.2%
Amounts payable within one year42/48€22,356€23,288€23,998€26,935€28,351▲ 5.3%
Trade debts44€477€76€1,057€0--
Suppliers440/4-€76€1,057€0--
Other amounts payable47/48-€23,212€22,941€26,935€28,351▲ 5.3%
Accrued charges and deferred income492/3-€348€384€387€400▲ 3.2%
Line20212022202320242025Change
Profit (loss) for the period9904-€897-€933-€746-€2,940-€1,428▲ 51.4%
Operating cash flow (approximation)-€897-€933-€746-€2,940-€1,428▲ 51.4%

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 30-04-2027
2026
17-03
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
24-02
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
30-09
Financial Weakest financial yearnet -€2,940
Net result drops to -€2,940, the lowest in the series; recovery starts the following year.
11-03
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
13-03
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
10-03
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-03
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
13-03
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
22-03
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
21-03
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
10-03
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, Tournai · 1 establishment unit since 1997
seat establishment The establishment unit on the map
Ground area
6,108 m²
Building footprint
1,607 m²
Parcel 57031A0010/00W000, Wallonia. Linked by address, not a title deed.
1 establishment unit
MULTI FASHION
Rue de la Terre à Briques(MAR) 39, 7522 TournaiAir transport
since 19972.065.193.346
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
57031A0010/00W000 Wallonia 6,108 m² 1 · 1,607 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded21-12-1993
Fiscal year end30-09
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?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

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

Register as of 28 September 2026 · Peppol Directory

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