GOA PAINTWORK
ActiveFor GOA PAINTWORK, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €17k and a net result of €11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 35% of 33687 sector peers (fiscal year 2023). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability95▲+28
Solvency57▲+19
Growth58=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2023Solvency, return and age of the figures
Solvency
32.2%
Return on assets
21.4%
Age of the figures
33 mo
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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline16-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 19-06-2024, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
42 d early
2022
38 d early
2021
32 d early
2020
9 d early
2019
25 d early
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€17k▲ 197%
2022 · €6k
2018: €26k
2019: €32k
2020: €977
2021: €5k
2022: €6k
2018 → 2023
Total assets
€53k▲ 20.0%
2022 · €44k
2018: €84k
2019: €121k
2020: €145k
2021: €89k
2022: €44k
2018 → 2023
Net result
€11k▲ 857%
2022 · €1k
2018: €729
2019: €6k
2020: €-31k
2021: €4k
2022: €1k
2018 → 2023
Working capital
€11k
2022 · €-9k
2018: €21k
2019: €24k
2020: €-29k
2021: €-15k
2022: €-9k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€32k-€977▼ 96.9%€5k▲ 366%€6k▲ 25.9%€17k▲ 197%
Operating result€8k-€-27k€4k€3k▼ 15.1%€12k▲ 278%
Net result€6k-€-31k€4k€1k▼ 67.0%€11k▲ 857%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 278% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €53k
Fixed assets
€9k▼ 41.4%
Current assets
€43k▲ 55.0%
Equity and liabilities €53k
Equity
€17k▲ 197%
Debt
€36k▼ 6.5%
The debt ratio falls from 87.0% to 67.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19k▲
2022 · €10k
Cash flow
€18k▲
2022 · €9k
Solvency
32.2%▲
2022 · 13.0%
Current ratio
1.33▲
2022 · 0.76
Quick ratio
0.46▼
2022 · 0.64
Debt / equity
2.10▼
2022 · 6.68
ROE
66.3%▲
2022 · 20.6%
ROA
21.4%▲
2022 · 2.7%
Interest coverage
30.25▲
2022 · 5.33
Debt
€36k▼
2022 · €38k
Debt ≤ 1 year
€33k▼
2022 · €37k
Staff costs
€-567▼
2022 · €10k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€44k€53k▲
Fixed assets21/28€16k€9k▼
Tangible fixed assets22/27€14k€8k▼
Land and buildings22€698€581▼
Plant, machinery and equipment23€14k€7k▼
Financial fixed assets28€2k€2k=
Current assets29/58€28k€43k▲
Stocks and contracts in progress3€4k€28k▲
Contracts in progress37€4k€28k▲
Amounts receivable within one year40/41€16k€12k▼
Trade receivables40€13k€8k▼
Other amounts receivable41€3k€5k▲
Cash at bank and in hand54/58€7k€1k▼
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€44k€53k▲
Equity10/15€6k€17k▲
Contributions10/11€19k€19k=
Reserves13€13k€13k=
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€11k€13k▲
Profit (loss) carried forward14€-26k€-15k▲
Amounts payable17/49€38k€36k▼
Amounts payable within one year42/48€37k€33k▼
Trade debts44€21k€19k▼
Suppliers440/4€21k€19k▼
Taxes, remuneration and social security45€1k€1k▲
Taxes450/3€0€71▲
Remuneration and social security454/9€1k€1k=
Other amounts payable47/48€15k€12k▼
Accrued charges and deferred income492/3€1k€3k▲
Income statement
Code20222023
Remuneration, social security and pensions62€10k€-567▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-6k€0▲
Other operating charges640/8€7k€1k▼
Non-recurring operating charges66A€655€0▼
Gross operating margin9900€23k€19k▼
Operating profit (loss)9901€3k€12k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€2k€612▼
Recurring financial charges65€2k€612▼
Profit (loss) for the period before taxes9903€1k€11k▲
Profit (loss) for the period9904€1k€11k▲
Profit (loss) for the period to be appropriated9905€1k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€-15k▲
Profit (loss) brought forward from the previous period14P€-27k€-26k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €11k ▲857%
Operating result €12k, net result €11k, both a record.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-31k ▼636%
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
16-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
25-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Bonheiden · 1 establishment unit since 2004
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.
Krankhoeflei 52820 BonheidenGround area
1,543 m²
Building footprint
185 m²
Volume, LiDAR
956 m³
Parcel 12031A0639/00L000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GOA PAINTWORK
since 20042.136.020.964
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12031A0639/00L000 | Flanders | 1,543 m² | 1 · 185 m² | 8.7 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.
Recognitions · licences · registrations
Dual-learning approval
5 endedSimilar companies · same sector, comparable size
MSE
BE 0883.729.782
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BRMGO CONSTRUCTION
BE 1022.915.874
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Jan & Jacobs
BE 0759.501.486
Antwerpen · Eq €17k
THOMAS LIMBOURG INTERIEUR
BE 0794.903.518
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Schilderwerken Steven Decuyper
BE 0793.981.325
Halle · Eq €17k
Of 7,866 companies in sector 43341 we hold annual accounts for 2,664. 1,969 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-03-2004
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
45441
43333Wallpapering and laying of floor and wall coverings in other materials
45433
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.