GOCAR
ActiveSummary
GOCAR has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €79k and a net result of €52k. Equity is growing by ~58.7% per year across the filed fiscal years. Its solvency ranks better than 41% of 174 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▼-9
Solvency52▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.6 against 1.17 in 2024; short-term debt: 16.5% and cash: 33.8% of total assets), but 73% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
27%
Return on assets
17.7%
Age of the figures
9 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 38
Relative position
BE, all sectors
reference
Sector 38
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
25 d late
2023
23 d early
2022
18 d late
2021
26 d early
2020
8 d early
2019
8 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€79k▲ 191%
2024 · €27k
2018: €-36k
2019: €-21k
2020: €-11k
2021: €-5k
2022: €-14k
2023: €-8k
2024: €27k
2018 → 2025
Total assets
€291k▲ 210%
2024 · €94k
2018: €146k
2019: €121k
2020: €113k
2021: €165k
2022: €94k
2023: €71k
2024: €94k
2018 → 2025
Net result
€52k▲ 49.3%
2024 · €35k
2018: €32k
2019: €15k
2020: €11k
2021: €5k
2022: €-9k
2023: €7k
2024: €35k
2018 → 2025
Working capital
€77k▲ 595%
2024 · €11k
2018: €-25k
2019: €-7k
2020: €11k
2021: €-8k
2022: €-5k
2023: €-11k
2024: €11k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-5k-€-14k▼ 177%€-8k▲ 47.3%€27k€79k▲ 191%
Operating result€7k-€-8k€8k€35k▲ 357%€72k▲ 105%
Net result€5k-€-9k€7k€35k▲ 408%€52k▲ 49.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 105% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €291k
Fixed assets
€167k ▲ 825%
Current assets
€125k ▲ 63.9%
Equity and liabilities €291k
Equity
€79k ▲ 191%
Provisions
€14k
Debt
€199k ▲ 196%
Debt's share of the balance-sheet total falls from 71.3% to 68.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€126k▲
2024 · €52k
Cash flow
€106k▲
2024 · €52k
Current ratio
2.60▲
2024 · 1.17
Debt to equity
2.53▲
2024 · 2.49
ROE
65.7%▼
2024 · 128.1%
ROA
17.7%▼
2024 · 36.8%
Interest coverage
19.58▼
2024 · 92.45
Debt ≤ 1 year
€48k▼
2024 · €65k
Debt > 1 year
€151k▲
2024 · €2k
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€94k€291k▲
Fixed assets21/28€18k€167k▲
Tangible fixed assets22/27€18k€167k▲
Plant, machinery and equipment23€1k€4k▲
Furniture and vehicles24€17k€162k▲
Current assets29/58€76k€125k▲
Amounts receivable within one year40/41€44k€25k▼
Trade receivables40€43k€23k▼
Other amounts receivable41€915€2k▲
Cash at bank and in hand54/58€31k€98k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€94k€291k▲
Equity10/15€27k€79k▲
Contributions10/11€28k€28k=
Reserves13-€42k
Tax-exempt reserves132-€42k
Profit (loss) carried forward14€-519€9k▲
Provisions and deferred taxes16-€14k
Deferred taxes168-€14k
Amounts payable17/49€67k€199k▲
Amounts payable after more than one year17€2k€151k▲
Financial debts170/4€2k€151k▲
Amounts payable within one year42/48€65k€48k▼
Current portion of amounts payable after more than one year42€30k€28k▼
Trade debts44€30k€14k▼
Suppliers440/4€30k€14k▼
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€6k€6k=
Income statement
Code20242025
Non-recurring operating income76A-€68k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€54k▲
Other operating charges640/8€1k€571▼
Gross operating margin9900€53k€126k▲
Operating profit (loss)9901€35k€72k▲
Financial charges65/66B€563€6k▲
Recurring financial charges65€563€6k▲
Profit (loss) for the period before taxes9903€35k€65k▲
Transfer from deferred taxes780-€3k
Transfer to deferred taxes680-€17k
Profit (loss) for the period9904€35k€52k▲
Transfer from tax-exempt reserves789-€9k
Transfer to tax-exempt reserves689-€51k
Profit (loss) for the period to be appropriated9905€35k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-519€9k▲
Profit (loss) brought forward from the previous period14P€-35k€-519▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Highest result since 2018net €52k ▲49.3%
Operating result €72k, net result €52k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.60
Current ratio from 1.17 to 2.60; short-term debt falls from €65k to €48k.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
31-12
Financial
Weakest financial yearnet €-9k ▼272%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
27-07
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
2 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, Torhout · 1 establishment unit since 2013
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.
Roeselaarseweg 348820 TorhoutGround area
323 m²
Building footprint
183 m²
Volume, LiDAR
756 m³
Parcel 31523E0557/00T000, Flanders · tallest building 7.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
GOCAR
since 20132.216.636.773
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31523E0557/00T000 | Flanders | 323 m² | 1 · 183 m² | 7.6 m · 1 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
Le Hublot (Centre de formation professionnelle Nouveau Saint-Servais)
BE 0421.446.291
Namur · Eq €75k
TAJA PLASTICS
BE 0422.597.128
Tubize · Eq €84k
GRASSCO
BE 0773.467.112
Merelbeke-Melle · Eq €85k
Delta Sol International
BE 0632.483.154
Dilbeek · Eq €86k
DR. BETON
BE 0696.710.715
Alken · Eq €71k
Of 977 companies in sector 38210 we hold annual accounts for 585. 262 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-01-2013
Fiscal year end31-12
Activities, NACEBEL 2025
38210Materials recovery from waste
01610Support activities for crop production
01630Crop and animal production, hunting and related service activities
52250Logistics services
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.