GOBAT
ActiveSummary
GOBAT has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €13k and a net result of €-9k. Equity is shrinking by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 30% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-28
Solvency53▼-13
Growth32=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.31 against 1.57 in 2023; short-term debt: 72% and cash: 2% of total assets), and 72% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
28%
Return on assets
-20%
Age of the figures
21 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 · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-9k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
12 d late
2022
42 d early
2021
40 d early
2020
32 d early
2019
18 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-9k▼ 253%
2023 · €-3k
Working capital
€10k▼ 43.7%
2023 · €18k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€4k▼ 71.1%€18k▲ 390%€-29k€-3k▲ 91.0%€-9k▼ 259%
Net result€3k▼ 69.8%€14k▲ 358%€-29k€-3k▲ 91.0%€-9k▼ 253%
Equity€39k▲ 8.5%€54k▲ 35.9%€25k▼ 53.9%€22k▼ 10.6%€13k▼ 41.6%
Total assets€46k▼ 11.5%€65k▲ 43.7%€40k▼ 38.5%€54k▲ 33.4%€46k▼ 14.0%
Debt€6k▼ 59.9%€12k▲ 94.8%€15k▲ 31.4%€31k▲ 104%€33k▲ 5.4%
Working capital€31k▼ 6.0%€45k▲ 44.7%€18k▼ 59.5%€18k▼ 0.2%€10k▼ 43.7%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2024 against €3k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €46k
Fixed assets
€3k ▼ 32.4%
Current assets
€43k ▼ 12.5%
Equity and liabilities €46k
Equity
€13k ▼ 41.6%
Debt
€33k ▲ 5.4%
Debt's share of the balance-sheet total rises from 58.7% to 72.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-7k▼
2023 · €891
Cash flow
€-7k▼
2023 · €906
Current ratio
1.31▼
2023 · 1.57
Debt to equity
2.57▲
2023 · 1.42
ROE
-71.3%▼
2023 · -11.8%
ROA
-20.0%▼
2023 · -4.9%
Interest coverage
-26.40▼
2023 · 1.85
Debt ≤ 1 year
€33k▲
2023 · €31k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €4k | €4k | €4k | €2k | ▼ 34.8% |
| Other operating charges640/8 | - | - | €1k | - | - | - |
| Gross operating margin9900 | €6k | €22k | €-24k | €891 | €-7k | ▼ 900% |
| Operating profit (loss)9901 | €4k | €18k | €-29k | €-3k | €-9k | ▼ 259% |
| Financial income75/76B | - | €596 | €706 | €496 | €480 | ▼ 3.3% |
| Recurring financial income75 | - | €596 | €706 | €496 | €480 | ▼ 3.3% |
| Financial charges65/66B | - | €137 | €434 | €481 | €270 | ▼ 43.8% |
| Recurring financial charges65 | €185 | €137 | €434 | €481 | €270 | ▼ 43.8% |
| Profit (loss) for the period before taxes9903 | €3k | €18k | €-29k | €-3k | €-9k | ▼ 253% |
| Income taxes67/77 | €298 | €4k | - | - | - | - |
| Profit (loss) for the period9904 | €3k | €14k | €-29k | €-3k | €-9k | ▼ 253% |
| Profit (loss) for the period to be appropriated9905 | €3k | €14k | €-29k | €-3k | €-9k | ▼ 253% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €46k | €65k | €40k | €54k | €46k | ▼ 14.0% |
| Fixed assets21/28 | €9k | €9k | €7k | €4k | €3k | ▼ 32.4% |
| Tangible fixed assets22/27 | €8k | €9k | €6k | €4k | €3k | ▼ 34.4% |
| Plant, machinery and equipment23 | - | €5k | €4k | €2k | €1k | ▼ 39.0% |
| Furniture and vehicles24 | - | €4k | €3k | €2k | €1k | ▼ 29.6% |
| Financial fixed assets28 | €240 | €240 | €240 | €240 | €240 | = |
| Current assets29/58 | €37k | €56k | €34k | €50k | €43k | ▼ 12.5% |
| Amounts receivable within one year40/41 | €32k | €53k | €29k | €49k | €42k | ▼ 13.6% |
| Trade receivables40 | - | €42k | €18k | €40k | €34k | ▼ 15.4% |
| Other amounts receivable41 | - | €11k | €11k | €9k | €9k | ▼ 6.0% |
| Cash at bank and in hand54/58 | €5k | €4k | €4k | €602 | €900 | ▲ 49.6% |
| Deferred charges and accrued income490/1 | - | - | - | - | €192 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €46k | €65k | €40k | €54k | €46k | ▼ 14.0% |
| Equity10/15 | €39k | €54k | €25k | €22k | €13k | ▼ 41.6% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | - | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €19k | €33k | €4k | €2k | €-8k | ▼ 547% |
| Amounts payable17/49 | €6k | €12k | €15k | €31k | €33k | ▲ 5.4% |
| Amounts payable within one year42/48 | €6k | €12k | €15k | €31k | €33k | ▲ 5.4% |
| Trade debts44 | €3k | - | €11k | €30k | €33k | ▲ 8.9% |
| Suppliers440/4 | - | - | €11k | €30k | €33k | ▲ 8.9% |
| Taxes, remuneration and social security45 | - | €12k | €4k | €1k | - | - |
| Taxes450/3 | - | €4k | €4k | - | - | - |
| Remuneration and social security454/9 | - | €8k | - | €1k | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €14k | €-29k | €-3k | €-9k | ▼ 253% |
| + Depreciation and write-downs630 | €2k | €4k | €4k | €4k | €2k | ▼ 34.8% |
| Operating cash flow (approximation) | €6k | €18k | €-25k | €906 | €-7k | ▼ 864% |
| Investment in fixed assets (approximation) | - | €-5k | €-2k | €-949 | €-975 | ▼ 2.7% |
| Change in cash | - | €-1k | €693 | €-4k | €299 | ▲ 108% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-29k
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 61 days late
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 14 days late
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 143 days late
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Brussel · 1 establishment unit since 2007
Ground area
1,045 m²
Building footprint
391 m²
Volume, LiDAR
8,580 m³
2 parcels, Brussels · tallest building 26.6 m, ±8 floors. Linked by address, not a title deed.
423
companies at this address
See who is registered here
1 establishment unit
Gobat
since 20072.164.065.545
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21803C0630/00H003 | Brussels | 808 m² | 1 · 279 m² | 26.6 m · 8 fl. |
| 21362B0275/00L004 | Brussels | 236 m² | 1 · 112 m² | 24.9 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,414. 4,527 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-06-2007
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.