The computed 12-month bankruptcy probability of GOA PAINTWORK is 6.9% (elevated). For GOA PAINTWORK, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €17,020 and a net result of €11,289. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 35% of 33,172 sector peers (NACE 43, financial year 2023). The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises riskFigures for financial year 2023 (filed 19-06-2024)2 financial years not filed after the legal deadlineSize: total assets €52,807Two or more financial years not filedlowers riskFounded in 2004neutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency57+19
equity 32.2% of total assets
Liquidity21-4
short-term debt 61.7% · cash 2.5%
Profitability95+28
return on assets 21.4%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
6.9%Elevated
0%0.5%1.5%4%10%≥ 25%
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months11-2024: 0.5%12-2024: 0.5%● unchanged vs 11-202401-2025: 0.5%● unchanged vs 12-2024lowest value02-2025: 0.5%● unchanged vs 01-2025lowest value03-2025: 0.5%● unchanged vs 02-2025lowest value04-2025: 0.5%● unchanged vs 03-202505-2025: 0.5%● unchanged vs 04-202506-2025: 0.5%● unchanged vs 05-202507-2025: 0.6%▲ +0.1 percentage points vs 06-202508-2025: 1.0%▲ +0.4 percentage points vs 07-202509-2025: 1.3%▲ +0.3 percentage points vs 08-202510-2025: 1.9%▲ +0.6 percentage points vs 09-202511-2025: 2.1%▲ +0.2 percentage points vs 10-202512-2025: 2.6%▲ +0.5 percentage points vs 11-202501-2026: 4.2%▲ +1.6 percentage points vs 12-202502-2026: 4.2%● unchanged vs 01-202603-2026: 4.5%▲ +0.3 percentage points vs 02-202604-2026: 4.1%▼ -0.4 percentage points vs 03-202605-2026: 4.1%● unchanged vs 04-202606-2026: 4.1%● unchanged vs 05-202607-2026: 5.1%▲ +1.0 percentage point vs 06-202608-2026: 6.9%▲ +1.8 percentage points vs 07-2026highest value09-2026: 6.9%● unchanged vs 08-2026highest value10-2026: 6.9%● unchanged vs 09-2026highest value
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.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 29 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
0863.760.848. In Belgium the VAT number is the company number with BE in front: BE 0863.760.848.
Where is GOA PAINTWORK based?
The registered office is at Krankhoeflei 5, 2820 Bonheiden.Company details
What does GOA PAINTWORK do?
According to the KBO register, the main activity is painting of buildings (NACE 43341).
What is the legal form of GOA PAINTWORK?
Private limited company (BV).
When was GOA PAINTWORK founded?
On 02-03-2004.
Is GOA PAINTWORK still active?
Yes, GOA PAINTWORK is an active enterprise in the KBO register.
How many employees does GOA PAINTWORK have?
On average 0.3 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of GOA PAINTWORK?
≈ €190,000 in financial year 2023. Estimated from the gross margin of €19,351: probably between €110,000 and €410,000, based on 163 comparable companies, NACE 433. A rough estimate.
Is GOA PAINTWORK profitable?
In financial year 2023, GOA PAINTWORK made a profit of €11,289.
Where can I find the annual accounts of GOA PAINTWORK?
GOA PAINTWORK filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2023.Annual accounts 2023 (PDF)