Equity
Debts exceed assets in financial year 2025.
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Debts exceed assets in financial year 2025.
The accounts state no turnover.
Of this, €299,595 falls due within a year.
Green is investment, beige is depreciation. Machinery stands 512.6% higher than in 2024.
The last five annual accounts were filed 9 to 106 days before the end of the period.
Less equity than 95% of companies in computer and electronic products. Sector median €50,494 · 251 companies.
In July 2024, 1,449 companies had the same profile as GO-VIRTUAL has now. Each dot stands for 4 companies, two years later.
Another 0.5% stopped without a precise date, possibly only after those two years.
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.
| 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.
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| 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.
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.
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