Go Zero
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 11-06-2026 at the NBB all 6 filings
Every figure per financial year
The operating result for 2025 is a loss of €1,919, larger than the loss of €90 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Financial fixed assets | - | - | - | - | €0 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €101 | €102 | €493 | €0 | €839 | - |
| Gross operating margin9900 | -€2,190 | -€2,464 | -€1,342 | -€99 | -€90 | -€1,080 | ▼ 1,099% |
| Operating profit (loss)9901 | -€2,190 | -€2,565 | -€1,444 | -€592 | -€90 | -€1,919 | ▼ 2,032% |
| Financial charges65/66B | - | €32 | €34 | €39 | €0 | €44 | - |
| Recurring financial charges65 | €37 | €32 | €34 | €39 | €0 | €44 | - |
| Profit (loss) for the period before taxes9903 | -€2,226 | -€2,597 | -€1,478 | -€631 | -€90 | -€1,962 | ▼ 2,080% |
| Profit (loss) for the period9904 | -€2,226 | -€2,597 | -€1,478 | -€631 | -€90 | -€1,962 | ▼ 2,080% |
| Profit (loss) for the period to be appropriated9905 | -€2,226 | -€2,597 | -€1,478 | -€631 | -€90 | -€1,962 | ▼ 2,080% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €3,774 | €1,176 | €698 | €383 | €293 | €115 | ▼ 60.7% |
| Current assets29/58 | €3,774 | €1,176 | €698 | €383 | €293 | €115 | ▼ 60.7% |
| Amounts receivable within one year40/41 | €805 | €510 | €65 | €217 | €236 | €106 | ▼ 55.3% |
| Trade receivables40 | - | - | - | - | - | €56 | - |
| Other amounts receivable41 | - | €510 | €65 | €217 | €236 | €50 | ▼ 78.8% |
| Cash at bank and in hand54/58 | €2,969 | €666 | €634 | €166 | €57 | €10 | ▼ 83.1% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €3,774 | €1,176 | €698 | €383 | €293 | €115 | ▼ 60.7% |
| Equity10/15 | €3,774 | €1,176 | -€302 | -€933 | -€1,023 | -€2,985 | ▼ 192% |
| Contributions10/11 | - | €6,000 | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Profit (loss) carried forward14 | -€2,226 | -€4,824 | -€6,302 | -€6,933 | -€7,023 | -€8,985 | ▼ 27.9% |
| Amounts payable17/49 | - | - | €1,000 | €1,316 | €1,316 | €3,100 | ▲ 136% |
| Amounts payable within one year42/48 | - | - | - | €1,316 | €1,316 | €3,100 | ▲ 136% |
| Trade debts44 | - | - | - | €1,316 | €1,316 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | - | €1,316 | €1,316 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | - | - | €3,100 | - |
| Accrued charges and deferred income492/3 | - | - | €1,000 | €0 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,226 | -€2,597 | -€1,478 | -€631 | -€90 | -€1,962 | ▼ 2,080% |
| Operating cash flow (approximation) | -€2,226 | -€2,597 | -€1,478 | -€631 | -€90 | -€1,962 | ▼ 2,080% |
| Change in cash | - | -€2,303 | -€33 | -€468 | -€109 | -€47 | ▲ 56.7% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,008 companies had the same profile as Go Zero has now. Two years later, 83.0% were still going and 7.9% had gone bankrupt.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Go Zero itself: 3.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 6,008 companies, not a prediction for Go Zero. 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.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 11-06-2026 | 2026-00157508 | |
| 31-12-2024 | micro format | 02-09-2025 | 2025-00476274 | |
| 31-12-2023 | micro format | 18-08-2024 | 2024-00348782 | |
| 31-12-2022 | micro format | 12-07-2023 | 2023-00227712 | |
| 31-12-2021 | micro format | 05-07-2022 | 2022-20149996 | |
| 31-12-2020 | micro format | 20-07-2021 | 2021-37600039 |