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GoaX

Active
Private limited companyfounded 201411 yrs activeBerouw 150, 9000 Gent, BelgiumKBO/BCE: BE 0506.979.903

GoaX has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36k and a net result of €-32k. Equity is growing by ~18.1% per year across the filed fiscal years. Its solvency ranks better than 21% of 80 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
35 / 100
Weak▼ -25 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency25▼-29
Growth52=
Stability100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity tight (current ratio 1.27 against 1.56 in 2024), and 87.4% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 50
Relative position
BE, all sectors
reference
Sector 50
lower
← 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 2025
Solvency, return and age of the figures
Solvency
12.6%
Return on assets
-11.1%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 11 years 0 20 y
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€32k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 80 sector peers (2025).
NBB · sector comparison
Position among 80 sector peers
Solvency
better than 21%
← 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 26-07-2026, 5 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
5 d early
2024
15 d early
2023
23 d early
2022
28 d early
2021
6 d early
2020
20 d early
2019
on the day
← 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 months
Position in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€36k▼ 47.0%
2024 · €67k
2018: €18k 2019: €41k 2020: €41k 2021: €73k 2022: €91k 2023: €111k 2024: €67k
2018 → 2025
Total assets
€283k▲ 13.1%
2024 · €250k
2018: €44k 2019: €71k 2020: €83k 2021: €155k 2022: €218k 2023: €256k 2024: €250k
2018 → 2025
Net result
€-32k▲ 28.2%
2024 · €-44k
2018: €-8k 2019: €24k 2020: €19k 2021: €29k 2022: €18k 2023: €20k 2024: €-44k
2018 → 2025
Working capital
€55k▼ 34.0%
2024 · €84k
2018: €14k 2019: €53k 2020: €52k 2021: €107k 2022: €113k 2023: €130k 2024: €84k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€73k-€91k▲ 24.8%€111k▲ 21.7%€67k▼ 39.6%€36k▼ 47.0%
Operating result€40k-€27k▼ 32.9%€29k▲ 8.8%€-46k€-30k▲ 35.9%
Net result€29k-€18k▼ 38.5%€20k▲ 9.3%€-44k€-32k▲ 28.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€-25k€0€25k€50kOperating result 2021: €40k€40kNet result 2021: €29k€29kOperating result 2022: €27k€27kNet result 2022: €18k€18kOperating result 2023: €29k€29kNet result 2023: €20k€20kOperating result 2024: €-46k€-46kNet result 2024: €-44k€-44kOperating result 2025: €-30k€-30kNet result 2025: €-32k€-32k20212022202320242025
The operating result stays negative: a loss of €30k in 2025 against €46k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €283k
Fixed assets €21k▲ 28.1%
Current assets €262k▲ 12.0%
Equity and liabilities €283k
Equity €36k▼ 47.0%
Debt €247k▲ 35.0%
The debt ratio rises from 73.2% to 87.4%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-28k
2024 · €-45k
Cash flow
€-30k
2024 · €-42k
Solvency
12.6%
2024 · 26.8%
Current ratio
1.27
2024 · 1.56
Quick ratio
1.27
2024 · 1.56
Debt / equity
6.96
2024 · 2.73
ROE
-88.7%
2024 · -65.5%
ROA
-11.1%
2024 · -17.5%
Interest coverage
-15.76
2024 · 17.74
Debt
€247k
2024 · €183k
Debt ≤ 1 year
€207k
2024 · €150k
Debt > 1 year
€41k
2024 · €33k
Income taxes
€439
2024 · €394
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€250k€283k
Fixed assets21/28€16k€21k
Tangible fixed assets22/27€10k€14k
Plant, machinery and equipment23€329€177
Furniture and vehicles24€224€6k
Other tangible fixed assets26€9k€8k
Financial fixed assets28€7k€7k
Current assets29/58€234k€262k
Amounts receivable within one year40/41€174k€195k
Trade receivables40€108k€121k
Other amounts receivable41€66k€74k
Current investments50/53€25k€25k=
Cash at bank and in hand54/58€18k€25k
Deferred charges and accrued income490/1€17k€17k
Equity and liabilities
Total equity and liabilities10/49€250k€283k
Equity10/15€67k€36k
Contributions10/11€23k€23k=
Reserves13€44k€14k
Distributable reserves133€44k€14k
Profit (loss) carried forward14-€-2k
Amounts payable17/49€183k€247k
Amounts payable after more than one year17€33k€41k
Financial debts170/4-€8k
Other amounts payable178/9€33k€33k=
Amounts payable within one year42/48€150k€207k
Current portion of amounts payable after more than one year42-€4k
Financial debts43€8k€12k
Credit institutions430/8€8k€12k
Trade debts44€3k€294
Suppliers440/4€3k€294
Taxes, remuneration and social security45€5k€11k
Taxes450/3€2k€11k
Remuneration and social security454/9€3k€0
Other amounts payable47/48€134k€179k
Accrued charges and deferred income492/3€0-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k
Other operating charges640/8€1k€2k
Non-recurring operating charges66A€63€0
Gross operating margin9900€-43k€-26k
Operating profit (loss)9901€-46k€-30k
Financial income75/76B€289€405
Recurring financial income75€289€405
Financial charges65/66B€-3k€2k
Recurring financial charges65€-3k€2k
Profit (loss) for the period before taxes9903€-44k€-31k
Income taxes67/77€394€439
Profit (loss) for the period9904€-44k€-32k
Profit (loss) for the period to be appropriated9905€-44k€-32k
Appropriation of the result
Profit (loss) to be appropriated9906€-44k€-32k
Transfer from equity791/2€44k€30k
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
26-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet €-44k ▼322%
Net result drops to €-44k, the lowest in the series; recovery starts the following year.
08-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Equity above €100kEq €111k ▲21.7%
5 profitable years in a row build equity to €111k.
03-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2018net €29k ▲52.9%
Operating result €40k, net result €29k, both a record.
11-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €24k
Net result €24k after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 4.61
Current ratio from 1.52 to 4.61; short-term debt falls from €26k to €15k.
27-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing Annual accounts filed
fiscal year 2016 · micro 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, Gent · 1 establishment unit since 2015
establishment The establishment unit on the map
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.

Berouw 1509000 Gent
Ground area
309 m²
Building footprint
173 m²
Volume, LiDAR
1,081 m³
Parcel 44021A1831/00A002, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GoaX
Berouw 150, 9000 GentAgents specialised in the wholesale of other particular products
since 20152.238.319.738
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44021A1831/00A002 Flanders 309 m² 1 · 173 m² 11.1 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.

Similar companies · same sector, comparable size

Of 3,778 companies in sector 50200 we hold annual accounts for 2,174. 1,089 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded18-12-2014
Fiscal year end31-12
Activities, NACEBEL
50200Water transport
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.