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GO-VIRTUAL

Active Private limited companyfounded 2004active for 22 yearsNieuwpoortse Steenweg 71, 8470 GistelKBO/BCE: BE 0867.494.160

Lifetime

19 annual accounts with figures on one time axis, 21 filings since 2005
peak €320,263 (2023)
€318,122▲ 12.3%
lowest -€165,093 (2012)
€4,826▼ 59.8%
peak -€2,351 (2008)
-€155,456▲ €4,826
€818,481▲ 54.2%
peak 4 FTE (2016)
-not published
Board1 name since 2016
1 director
Documentsfilings and deeds
12-06-202649 days before the deadline
2025micro format
Gross margin from €283,207 to €318,122Result from €11,998 to €4,826Debts from €530,888 to €818,481Investments €215,695Cash from €55,110 to €206,888

Key points

from the 2025 annual accounts

Equity

-€155,456
202020212022202320242025

Debts exceed assets in financial year 2025.

Turnover

≈ €640,000 estimated

The accounts state no turnover.

Debts

€818,481 123% of the balance sheet
Financial debts 76%Suppliers 11%Taxes and wages 6%Other 8%

Of this, €299,595 falls due within a year.

Investments

€208,495 8.4 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Machinery stands 512.6% higher than in 2024.

Filings

21 annual accounts since 2005
AprilJune31 JulyOctober20052010201520202025

The last five annual accounts were filed 9 to 106 days before the end of the period.

Position in the sector

-€155,456

Less equity than 95% of companies in computer and electronic products. Sector median €50,494 · 251 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,449 companies had the same profile as GO-VIRTUAL has now. Each dot stands for 4 companies, two years later.

92.2%
were still trading
4.8%
stopped another way
2.5%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a profit under 5% of the balance sheet

Another 0.5% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,449 companies, not a prediction for GO-VIRTUAL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, , since 01-01-2016
Board & ownership

Recent changes

Registered office moved from Oudenburg to Gistel New registered office: Nieuwpoortse Steenweg 71, 8470 Gistel · Previous registered office: Vanderkinderenweg 20, 8460 Oudenburg · Permanent representative: · General meeting of 19-02-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0867494160
First establishment Nieuwpoortse Steenweg 71, Gistel
New director appointed, resigned · Permanent representative: · Director discharge: · General meeting of 08-11-2022 · Gazette deed
All 31 events

Comparable companies

same main activity, similar in size and age
Company
GO-VIRTUAL Gistel €0.7m €318,122 -23.4% -
TEMPUS FUGIT CONSOLES Dilbeek €0.6m €248,553 70.2% -
anylink Waregem €0.5m €257,944 11.6% 2.8
VANDEN DAELE Pajottegem €0.8m €523,110 24.1% 7.6
Hof Ter Zee Diksmuide €1.1m €71,372 80.5% -
DN Solutions Sint-Gillis-Waas €0.6m €95,206 26.6% -
EUROSCAN INSTRUMENTS Namur €0.8m €315,695 78.3% -

These companies have the same main activity as GO-VIRTUAL: manufacture of computer, electronic and optical products (NACE 26200). They are comparable in size and age: total assets between €512,000 and €1.1m, founded between 1991 and 2011.

Official details

Source: KBO
Status
Active since 29-09-2004Normal situation
Activity
Manufacture of computer, electronic and optical productsNACE 26200and 6 others
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.345.307.6698470 Gistel, since 01-05-2023
Financial year end
31 December
Peppol
Reachable since 01-04-2025
Company details

Annual accounts 2025

€663,025▲ 78.9%
Employeeson 31-12-2025
6▲ 100%
Filing
Filed on 12-06-2026, 49 days before the end of the filing period
Financials

Insights on GO-VIRTUAL

GO-VIRTUAL files the micro format. That format states no turnover. The gross margin rose from -€367 in 2007 to €318,122 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about GO-VIRTUAL

What is the company number of GO-VIRTUAL?
The company number of GO-VIRTUAL is 0867.494.160. The VAT number is the same number with BE in front: BE 0867.494.160.
Where is GO-VIRTUAL based?
The registered office is at Nieuwpoortse Steenweg 71, 8470 Gistel.Company details
What does GO-VIRTUAL do?
According to the KBO register, the main activity is manufacture of computer, electronic and optical products (NACE 26200).
What is the legal form of GO-VIRTUAL?
GO-VIRTUAL is a private limited company (BV).
When was GO-VIRTUAL founded?
GO-VIRTUAL was founded on 29-09-2004.
Is GO-VIRTUAL still active?
Yes, GO-VIRTUAL is an active enterprise in the KBO register.
How many employees does GO-VIRTUAL have?
GO-VIRTUAL had an average of 3.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does GO-VIRTUAL fall under?
In its 2025 annual accounts, GO-VIRTUAL states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of GO-VIRTUAL?
The turnover in financial year 2025 is ≈ €640,000. This figure is estimated from the gross margin of €318,122 and 878 comparable companies of the same size. It probably lies between €440,000 and €930,000. It is a rough estimate. In financial year 2018 turnover was €0.
Is GO-VIRTUAL profitable?
In financial year 2025, GO-VIRTUAL made a profit of €4,826.
Where can I find the annual accounts of GO-VIRTUAL?
GO-VIRTUAL filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GO-VIRTUAL due?
GO-VIRTUAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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