GOBCO
ActiveSummary
GOBCO has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12k and a net result of €3k. Equity is growing by ~17.8% per year across the filed fiscal years. Its solvency ranks better than 55% of 195 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83▲+83
Solvency80▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.17 against 1.75 in 2024; short-term debt: 43.7% and cash: 79.4% of total assets), and 45.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 27
Relative position
BE, all sectors
reference
Manufacture of electrical equipment (NACE 27)
about 104% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
54.6%
Return on assets
11.1%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-03-2026, 40 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
40 d early
2024
44 d early
2023
43 d early
2022
41 d early
2021
40 d early
2020
28 d early
2019
37 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€12k▲ 25.6%
2024 · €10k
2018: €5k
2019: €5k▼ -5.7% vs 2018
2020: €3k▼ -35.1% vs 2019lowest in 8 years
2021: €17k▲ +484% vs 2020
2022: €21k▲ +21.2% vs 2021highest in 8 years
2023: €16k▼ -22.3% vs 2022
2024: €10k▼ -38.2% vs 2023
2025: €12k▲ +25.6% vs 2024
2018 → 2025
Total assets
€23k▲ 20.4%
2024 · €19k
2018: €6k
2019: €5k▼ -6.2% vs 2018lowest in 8 years
2020: €7k▲ +24.9% vs 2019
2021: €29k▲ +327% vs 2020
2022: €30k▲ +4.5% vs 2021highest in 8 years
2023: €25k▼ -16.4% vs 2022
2024: €19k▼ -24.8% vs 2023
2025: €23k▲ +20.4% vs 2024
2018 → 2025
Net result
€3k
2024 · €-6k
2018: €1k
2019: €-3k▼ -292% vs 2018
2020: €-5k▼ -66.9% vs 2019
2021: €14k▲ +406% vs 2020highest in 8 years
2022: €4k▼ -74.4% vs 2021
2023: €-6k▼ -262% vs 2022
2024: €-6k▼ -5.0% vs 2023lowest in 8 years
2025: €3k▲ +141% vs 2024
2018 → 2025
Working capital
€12k▲ 72.8%
2024 · €7k
2018: €4k
2019: €3k▼ -26.1% vs 2018
2020: €-2k▼ -156% vs 2019lowest in 8 years
2021: €14k▲ +876% vs 2020
2022: €14k▲ +1.2% vs 2021highest in 8 years
2023: €12k▼ -15.2% vs 2022
2024: €7k▼ -42.0% vs 2023
2025: €12k▲ +72.8% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€17k-€21k▲ 21.2%€16k▼ 22.3%€10k▼ 38.2%€12k▲ 25.6%
2021: €17k
2022: €21k▲ +21.2% vs 2021highest in 5 years
2023: €16k▼ -22.3% vs 2022
2024: €10k▼ -38.2% vs 2023lowest in 5 years
2025: €12k▲ +25.6% vs 2024
Operating result€14k-€5k▼ 65.4%€-6k€-6k▼ 4.2%€3k
2021: €14khighest in 5 years
2022: €5k▼ -65.4% vs 2021
2023: €-6k▼ -218% vs 2022
2024: €-6k▼ -4.2% vs 2023lowest in 5 years
2025: €3k▲ +143% vs 2024
Net result€14k-€4k▼ 74.4%€-6k€-6k▼ 5.0%€3k
2021: €14khighest in 5 years
2022: €4k▼ -74.4% vs 2021
2023: €-6k▼ -262% vs 2022
2024: €-6k▼ -5.0% vs 2023lowest in 5 years
2025: €3k▲ +141% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3k after a loss of €6k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €23k
Fixed assets
€1k ▼ 62.3%
Current assets
€22k ▲ 37.1%
Equity and liabilities €23k
Equity
€12k ▲ 25.6%
Debt
€10k ▲ 14.7%
Debt's share of the balance-sheet total falls from 47.6% to 45.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5k▲
2024 · €-4k
Cash flow
€5k▲
2024 · €-4k
Current ratio
2.17▲
2024 · 1.75
Debt to equity
0.83▼
2024 · 0.91
ROE
20.4%▲
2024 · -61.9%
ROA
11.1%▲
2024 · -32.4%
Interest coverage
116.91▲
2024 · -32.99
Debt ≤ 1 year
€10k▲
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€19k€23k▲
Fixed assets21/28€3k€1k▼
Tangible fixed assets22/27€3k€1k▼
Plant, machinery and equipment23€353€0▼
Furniture and vehicles24€3k€1k▼
Current assets29/58€16k€22k▲
Amounts receivable within one year40/41€4k€4k▼
Trade receivables40€0-
Other amounts receivable41€4k€4k▼
Cash at bank and in hand54/58€12k€18k▲
Equity and liabilities
Total equity and liabilities10/49€19k€23k▲
Equity10/15€10k€12k▲
Contributions10/11€19k€19k=
Reserves13€3k€3k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€-12k€-9k▲
Amounts payable17/49€9k€10k▲
Amounts payable within one year42/48€9k€10k▲
Taxes, remuneration and social security45-€1k
Taxes450/3-€1k
Other amounts payable47/48€9k€9k▼
Accrued charges and deferred income492/3-€390
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€115€126▲
Gross operating margin9900€-4k€5k▲
Operating profit (loss)9901€-6k€3k▲
Financial income75/76B-€3
Recurring financial income75-€3
Financial charges65/66B€111€39▼
Recurring financial charges65€111€39▼
Profit (loss) for the period before taxes9903€-6k€3k▲
Profit (loss) for the period9904€-6k€3k▲
Profit (loss) for the period to be appropriated9905€-6k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€-9k▲
Profit (loss) brought forward from the previous period14P€-6k€-12k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €2k | €3k | €2k | €2k | ▼ 16.3% |
| Other operating charges640/8 | - | €111 | €112 | €115 | €126 | ▲ 9.6% |
| Gross operating margin9900 | €15k | €7k | €-3k | €-4k | €5k | ▲ 232% |
| Operating profit (loss)9901 | €14k | €5k | €-6k | €-6k | €3k | ▲ 143% |
| Financial income75/76B | - | €70 | €0 | - | €3 | - |
| Recurring financial income75 | €0 | €70 | €0 | - | €3 | - |
| Financial charges65/66B | - | €121 | €63 | €111 | €39 | ▼ 64.9% |
| Recurring financial charges65 | €67 | €121 | €63 | €111 | €39 | ▼ 64.9% |
| Profit (loss) for the period before taxes9903 | €14k | €5k | €-6k | €-6k | €3k | ▲ 141% |
| Income taxes67/77 | - | €1k | €0 | - | - | - |
| Profit (loss) for the period9904 | €14k | €4k | €-6k | €-6k | €3k | ▲ 141% |
| Profit (loss) for the period to be appropriated9905 | €14k | €4k | €-6k | €-6k | €3k | ▲ 141% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €29k | €30k | €25k | €19k | €23k | ▲ 20.4% |
| Fixed assets21/28 | €4k | €7k | €4k | €3k | €1k | ▼ 62.3% |
| Tangible fixed assets22/27 | €4k | €7k | €4k | €3k | €1k | ▼ 62.3% |
| Plant, machinery and equipment23 | - | €2k | €1k | €353 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €5k | €3k | €3k | €1k | ▼ 57.6% |
| Current assets29/58 | €25k | €23k | €21k | €16k | €22k | ▲ 37.1% |
| Amounts receivable within one year40/41 | €7k | €4k | €4k | €4k | €4k | ▼ 6.9% |
| Trade receivables40 | - | €275 | €444 | €0 | - | - |
| Other amounts receivable41 | - | €4k | €4k | €4k | €4k | ▼ 6.9% |
| Cash at bank and in hand54/58 | €18k | €19k | €17k | €12k | €18k | ▲ 50.8% |
| Deferred charges and accrued income490/1 | - | €194 | €0 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €29k | €30k | €25k | €19k | €23k | ▲ 20.4% |
| Equity10/15 | €17k | €21k | €16k | €10k | €12k | ▲ 25.6% |
| Contributions10/11 | - | €17k | €19k | €19k | €19k | = |
| Reserves13 | - | €3k | €3k | €3k | €3k | = |
| Distributable reserves133 | - | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €-262 | €0 | €-6k | €-12k | €-9k | ▲ 21.2% |
| Amounts payable17/49 | €12k | €9k | €9k | €9k | €10k | ▲ 14.7% |
| Amounts payable within one year42/48 | €12k | €9k | €9k | €9k | €10k | ▲ 10.4% |
| Trade debts44 | €178 | €0 | - | - | - | - |
| Suppliers440/4 | - | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €225 | €0 | - | €1k | - |
| Taxes450/3 | - | €225 | €0 | - | €1k | - |
| Other amounts payable47/48 | - | €9k | €9k | €9k | €9k | ▼ 1.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | €390 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14k | €4k | €-6k | €-6k | €3k | ▲ 141% |
| + Depreciation and write-downs630 | €1k | €2k | €3k | €2k | €2k | ▼ 16.3% |
| Operating cash flow (approximation) | €15k | €5k | €-3k | €-4k | €5k | ▲ 220% |
| Investment in fixed assets (approximation) | - | €-5k | €0 | €-1k | €0 | ▲ 100% |
| Change in cash | - | €1k | €-2k | €-5k | €6k | ▲ 227% |
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
Next filing, fiscal year 2026, expected by
2026
21-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
17-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
18-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €14k
Net result €14k after 2 loss-making years.
30-09
Financial
Liquidity quadruplescurrent ratio 2.15
Current ratio from 0.54 to 2.15.
02-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Waregem · 1 establishment unit since 2015
Ground area
1,319 m²
Building footprint
172 m²
Volume, LiDAR
748 m³
Parcel 34452A0722/00H000, Flanders · tallest building 7.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
GOBCO
since 20152.246.878.801
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34452A0722/00H000 | Flanders | 1,319 m² | 1 · 171 m² | 7.7 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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 142 companies in sector 27900 we hold annual accounts for 103. 37 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 (pre-2019)
Founded19-10-2015
Fiscal year end30-09
Activities, NACEBEL 2025
27900Manufacture of electrical equipment
26200Manufacture of computer, electronic and optical products
28990Manufacture of machinery and equipment not elsewhere classified
62100Computer programming
Scores and ratios are computed by Checked and are not a credit decision.