GO WEST INVEST
ActiveGO WEST INVEST has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €103k and a net result of €-70k. Equity is shrinking by ~17.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 64% of 3175 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-41
Solvency94▼-6
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 3.2 against 5.12 in 2024; short-term debt: 31.3% and cash: 48.2% of total assets), and 31.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
68.7%
Return on assets
-46.6%
Age of the figures
9 mo
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
28 d early
2023
27 d early
2022
17 d early
2021
26 d early
2020
17 d early
2019
1 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-70k
2024 · €4k
2021: €51k
2022: €10k
2023: €12k
2024: €4k
2021 → 2025
Working capital
€103k▼ 46.2%
2024 · €191k
2021: €296k
2022: €306k
2023: €317k
2024: €191k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€296k-€306k▲ 3.3%€317k▲ 3.8%€191k▼ 39.8%€103k▼ 46.2%
Operating result€75k-€16k▼ 78.5%€17k▲ 3.6%€2k▼ 88.9%€-70k
Net result€51k-€10k▼ 80.9%€12k▲ 19.7%€4k▼ 70.0%€-70k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €70k after €2k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €150k
Equity
€103k▼ 46.2%
Debt
€47k▲ 0.9%
The debt ratio rises from 19.5% to 31.3%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
68.7%▼
2024 · 80.5%
Current ratio
3.20▼
2024 · 5.12
Quick ratio
3.20▼
2024 · 5.12
Debt / equity
0.45▲
2024 · 0.24
ROE
-67.7%▼
2024 · 1.8%
ROA
-46.6%▼
2024 · 1.5%
Debt
€47k▲
2024 · €46k
Debt ≤ 1 year
€47k▲
2024 · €46k
Income taxes
€0▼
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€237k€150k▼
Formation expenses20€0€0=
Fixed assets21/28€0€0=
Tangible fixed assets22/27€0€0=
Plant, machinery and equipment23€0€0=
Current assets29/58€237k€150k▼
Amounts receivable within one year40/41€91k€44k▼
Trade receivables40€91k€38k▼
Other amounts receivable41-€6k
Current investments50/53€100k€29k▼
Cash at bank and in hand54/58€46k€72k▲
Deferred charges and accrued income490/1-€4k
Equity and liabilities
Total equity and liabilities10/49€237k€150k▼
Equity10/15€191k€103k▼
Contributions10/11€70k€70k=
Capital10€70k€70k=
Issued capital100€70k€70k=
Reserves13€8k€38k▲
Non-distributable reserves130/1€8k€38k▲
Legal reserve130€8k€8k=
Own shares acquired1312-€29k
Profit (loss) carried forward14€113k€-5k▼
Amounts payable17/49€46k€47k▲
Amounts payable within one year42/48€46k€47k▲
Trade debts44€35k€47k▲
Suppliers440/4€35k€47k▲
Taxes, remuneration and social security45€11k€164▼
Taxes450/3€11k€164▼
Income statement
Code20242025
Other operating charges640/8€387€10k▲
Non-recurring operating charges66A€260-
Gross operating margin9900€2k€-60k▼
Operating profit (loss)9901€2k€-70k▼
Financial income75/76B€4k€2k▼
Recurring financial income75€4k€2k▼
Financial charges65/66B€803€1k▲
Recurring financial charges65€803€1k▲
Profit (loss) for the period before taxes9903€5k€-70k▼
Income taxes67/77€1k€0▼
Profit (loss) for the period9904€4k€-70k▼
Profit (loss) for the period to be appropriated9905€4k€-70k▼
Appropriation of the result
Profit (loss) to be appropriated9906€113k€24k▼
Profit (loss) brought forward from the previous period14P€109k€94k▼
Transfer to equity691/2-€29k
To other reserves6921-€29k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-70k ▼2083%
Net result drops to €-70k, the lowest in the series.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-06
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.
Directors · office · real estate
Directors
no sitting director, no change since 2021
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
25-10-2021
Resigned as Director
Location & real-estate footprint
Registered office, Couvin · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Fonds-de-l'Eau 495660 CouvinGround area
1.4 ha
Building footprint
4,691 m²
Volume, LiDAR
43,748 m³
2 parcels, Wallonia · tallest building 14.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GO WEST INVEST
since 20102.219.649.515
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52045A0535/00E002 | Wallonia | 1.2 ha | 1 · 4,527 m² | 14.2 m · 3 fl. |
| 93014E0416/00D000 | Wallonia | 2,488 m² | 1 · 163 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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FONDATION JOHN COCKERILL
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LOCAMAX
BE 0788.178.547
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In Forma
BE 0675.690.419
Nazareth-De Pinte · Eq €103k
Visual Harvesting
BE 0822.854.166
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NATRIGO
BE 0669.769.558
Oudergem · Eq €103k
Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 40,611 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded06-05-2010
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.