GO4 Management
ActiveThe annual accounts of GO4 Management for fiscal year 2025 show a net loss of 66% of the equity at the start of that year. The 2025 annual accounts show equity of €9k and a net result of €-17k. Equity is shrinking by ~43.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 10% of 8663 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
45
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▲+16
Solvency26▼-50
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.33 against 1.85 in 2024; short-term debt: 18.7% and cash: 0.2% of total assets), and 98.9% 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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
1.1%
Return on assets
-2.2%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-17k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 8663 sector peers (2025).
NBB · sector comparisonPosition among 8663 sector peers
Solvency
better than 10%
← weakest
strongest →
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 30-07-2026, 1 day ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
1 d early
2024
38 d early
2023
113 d late
2022
32 d early
2021
60 d early
2020
73 d early
2019
49 d late
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€9k▼ 65.8%
2024 · €26k
2019: €9k
2020: €102k
2021: €188k
2022: €94k
2023: €39k
2024: €26k
2019 → 2025
Total assets
€795k▲ 1,445%
2024 · €51k
2019: €29k
2020: €160k
2021: €223k
2022: €124k
2023: €57k
2024: €51k
2019 → 2025
Net result
€-17k▼ 29.2%
2024 · €-13k
2019: €7k
2020: €93k
2021: €86k
2022: €41k
2023: €-54k
2024: €-13k
2019 → 2025
Working capital
€-99k
2024 · €21k
2019: €9k
2020: €102k
2021: €181k
2022: €87k
2023: €34k
2024: €21k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€188k-€94k▼ 50.2%€39k▼ 57.9%€26k▼ 33.8%€9k▼ 65.8%
Operating result€112k-€52k▼ 53.3%€-54k€-13k▲ 76.0%€-7k▲ 46.2%
Net result€86k-€41k▼ 52.6%€-54k€-13k▲ 75.4%€-17k▼ 29.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2025 against €13k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €795k
Fixed assets
€746k▲ 15,870%
Current assets
€49k▲ 5.4%
Equity and liabilities €795k
Equity
€9k▼ 65.8%
Debt
€787k▲ 3,006%
The debt ratio rises from 49.2% to 98.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-6k▲
2024 · €-12k
Cash flow
€-17k▼
2024 · €-12k
Solvency
1.1%▼
2024 · 50.8%
Current ratio
0.33▼
2024 · 1.85
Quick ratio
0.33▼
2024 · 1.85
Debt / equity
87.95▲
2024 · 0.97
ROE
-192.5%▼
2024 · -51.0%
ROA
-2.2%▲
2024 · -25.9%
Interest coverage
-0.64▲
2024 · -58.27
Debt
€787k▲
2024 · €25k
Debt ≤ 1 year
€148k▲
2024 · €25k
Debt > 1 year
€629k
Income taxes
€242▲
2024 · €213
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€51k€795k▲
Fixed assets21/28€5k€746k▲
Tangible fixed assets22/27€4k€3k▼
Other tangible fixed assets26€4k€3k▼
Financial fixed assets28€1k€743k▲
Current assets29/58€47k€49k▲
Amounts receivable within one year40/41€33k€43k▲
Trade receivables40€23k€43k▲
Other amounts receivable41€10k€0▼
Cash at bank and in hand54/58€4k€1k▼
Deferred charges and accrued income490/1€10k€5k▼
Equity and liabilities
Total equity and liabilities10/49€51k€795k▲
Equity10/15€26k€9k▼
Contributions10/11€2k€2k=
Reserves13€24k€7k▼
Distributable reserves133€24k€7k▼
Amounts payable17/49€25k€787k▲
Amounts payable after more than one year17-€629k
Financial debts170/4-€629k
Amounts payable within one year42/48€25k€148k▲
Current portion of amounts payable after more than one year42-€76k
Trade debts44€1k€0▼
Suppliers440/4€1k€0▼
Taxes, remuneration and social security45€6k€9k▲
Taxes450/3€6k€6k▲
Remuneration and social security454/9-€3k
Other amounts payable47/48€18k€64k▲
Accrued charges and deferred income492/3-€9k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€926€550▼
Other operating charges640/8€9k€2k▼
Gross operating margin9900€-3k€-5k▼
Operating profit (loss)9901€-13k€-7k▲
Financial income75/76B-€40
Recurring financial income75-€40
Financial charges65/66B€206€10k▲
Recurring financial charges65€206€10k▲
Profit (loss) for the period before taxes9903€-13k€-17k▼
Income taxes67/77€213€242▲
Profit (loss) for the period9904€-13k€-17k▼
Profit (loss) for the period to be appropriated9905€-13k€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€-17k▼
Transfer from equity791/2€13k€17k▲
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (14 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 113 days late
2023
31-12
Financial
Weakest financial yearnet €-54k ▼232%
Net result drops to €-54k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 6.22
Current ratio from 2.74 to 6.22; short-term debt falls from €59k to €35k.
31-12
Financial
Equity above €150kEq €188k ▲84.9%
3 profitable years in a row build equity to €188k.
19-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2019net €93k ▲1186%
Operating result €120k, net result €93k, both a record.
31-12
Financial
Equity above €100kEq €102k ▲1006%
2 profitable years in a row build equity to €102k.
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 49 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Kapellen · 1 establishment unit since 2019
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.
Leeuweriklaan 112950 KapellenGround area
1,157 m²
Building footprint
208 m²
Volume, LiDAR
1,263 m³
Parcel 11362M0107/00N002, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GO4 Management
since 20192.290.705.676
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11362M0107/00N002 | Flanders | 1,157 m² | 1 · 208 m² | 10.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,577. 21,700 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-06-2019
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
78200Temporary employment agencies and other provision of personnel
78300Employment activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.