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Gocon

Active
Private limited companyfounded 2012active for 14 yearsKrommestraat(Wijtsch) 9, 8953 Heuvelland, BelgiumKBO/BCE: BE 0845.697.963
Summary

Gocon has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €248,310 and a net result of €106,554. Equity has been growing by about 13% per year since 2018. Its solvency ranks better than 24% of 334 sector peers (NACE 16, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 04-05-2012 Normal situation
Activity
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials NACE 16240and 3 others
Establishment unit
2.209.971.586 8953 Heuvelland, since 04-05-2012
Financial year end
31 December
Peppol
Reachable since 06-12-2025

Board and ownership

Board

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€217,138
▲ 25.9%
Turnover
≈ €550,000
estimated
Profit
€106,554
▲ 28.4%
Equity
€248,310
▲ 75.2%
Total assets
€1.2m
▲ 45.7%
  • 2025 accounts filed 28 days after the deadline
Filed on 28-08-2026
Score breakdownraises riskSector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)lowers riskSize: total assets €1.2mFigures for financial year 2025 (filed on 02-09-2026)Founded in 2012Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 57% of micro companies in wood and cork (NACE 16)
Financial strength · tick: 2024
Average
Solvency 46+4
equity 21.0% of total assets
Liquidity 48+12
short-term debt 48.4% · cash 17.4%
Profitability 80-2
return on assets 9.0%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,032 companies, NACE 16, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.2%▲ +0.1 percentage points vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.2%▲ +0.1 percentage points vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.4 percentage points vs 07-2026highest value 09-2026: 0.1%▼ -0.5 percentage points vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €23,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 1.0 (0.92 in 2024), below 1. Short-term debt is 48.4% and cash 17.4% of total assets. 79% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 16, micro). It does better than 28% of them on solvency, 39% on liquidity, 70% on profitability and 89% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €1.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 02-09-2026)
NBB · annual accounts
raises risk · Sector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
KBO
lowers risk · Founded in 2012
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 334 sector peers (2025).
NBB · sector comparison
Position among 334 sector peers
Solvency
better than 24%
← weakest strongest →
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
42 days early
2023
51 days early
2022
24 days late
2021
9 days early
2020
25 days late
2019
43 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 16), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 July (4 of the last 5 accounts filed within 37 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, abbreviated format

2025 annual accounts filed 28 days after the deadline Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00492068.

Annual accounts 2025 filed on 28-08-2026 at the NBB all 13 filings

Turnover
≈ €550,000
Estimated: probably between €340,000 and €1.0m
Total assets
€1.2m▲ 45.7%
2024 · €812,841
Net result
€106,554▲ 28.4%
2024 · €83,018
Working capital
-€128▲ 99.6%
2024 · -€33,527
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is 22% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.

Operating result€0.2m 2025 Net result€0.1m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.03m-€0.06m▲ 113%€0.006m▼ 90.1%€0.02m▲ 259%€0.03m▲ 56.8%€0.02m▼ 54.2%€0.1m▲ 783%€0.2m▲ 22.1%
Net result€0.01m-€0.03m▲ 138%€0.002mbelow the sector's middle half▼ 95.0%€0.009mbelow the sector's middle half▲ 478%€0.02mwithin the sector's middle half▲ 75.9%€0.006mwithin the sector's middle half▼ 64.9%€0.08mwithin the sector's middle half▲ 14×€0.1mwithin the sector's middle half▲ 28.4%
Equity€0.06m-€0.09m▲ 54.4%€0.09mbelow the sector's middle half=€0.1mbelow the sector's middle half▲ 10.7%€0.1mbelow the sector's middle half▲ 17.0%€0.1mbelow the sector's middle half▲ 5.1%€0.1mbelow the sector's middle half▲ 18.3%€0.2mwithin the sector's middle half▲ 75.2%
Total assets€0.4m-€0.4m▲ 21.4%€0.5mbelow the sector's middle half▲ 13.4%€0.8mwithin the sector's middle half▲ 59.3%€0.5mbelow the sector's middle half▼ 34.0%€0.6mbelow the sector's middle half▲ 11.3%€0.8mwithin the sector's middle half▲ 38.2%€1.2mwithin the sector's middle half▲ 45.7%
Debt€0.3m-€0.4m▲ 15.3%€0.4m▲ 16.7%€0.7m▲ 69.6%€0.4m▼ 41.1%€0.5m▲ 13.1%€0.7m▲ 43.3%€0.9m▲ 39.5%
Working capital-€0.006m-€0.03m-€0.03mbelow the sector's middle half-€0.02mbelow the sector's middle half▲ 50.1%-€0.003mbelow the sector's middle half▲ 80.4%-€0.02mbelow the sector's middle half▼ 503%-€0.03mbelow the sector's middle half▼ 84.1%-€128below the sector's middle half▲ 99.6%
Solvency15.6%-19.9%▲ 4.2pp17.5%below the sector's middle half▼ 2.3pp12.2%below the sector's middle half▼ 5.3pp21.6%below the sector's middle half▲ 9.4pp20.4%below the sector's middle half▼ 1.2pp17.4%below the sector's middle half▼ 2.9pp21.0%below the sector's middle half▲ 3.5pp
Current ratio0.97-1.13▲ 0.160.86below the sector's middle half▼ 0.270.97below the sector's middle half▲ 0.110.99below the sector's middle half▲ 0.020.93below the sector's middle half▼ 0.060.92below the sector's middle half▼ 0.011.00below the sector's middle half▲ 0.08
Return on assets (ROA)3.7%-7.4%▲ 3.6pp0.3%within the sector's middle half▼ 7.0pp1.2%below the sector's middle half▲ 0.9pp3.1%within the sector's middle half▲ 2.0pp1.0%within the sector's middle half▼ 2.1pp10.2%within the sector's middle half▲ 9.2pp9.0%within the sector's middle half▼ 1.2pp
above within below The sector band is the middle half of the companies in Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets €610,962 ▲ 42.0%
Current assets €573,630 ▲ 49.9%
Equity and liabilities €1.2m
Equity €248,310 ▲ 75.2%
Debt €936,282 ▲ 39.5%
Debt's share of the balance-sheet total falls from 82.6% to 79.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€213,125▲
2024 · €169,585
Cash flow
€157,756▲
2024 · €119,998
Quick ratio
0.92▲
2024 · 0.90
Debt to equity
3.77▼
2024 · 4.73
ROE
42.9%▼
2024 · 58.6%
Interest coverage
22.60▲
2024 · 19.98
Debt ≤ 1 year
€573,758▲
2024 · €416,083
Debt > 1 year
€359,560▲
2024 · €252,039
Income taxes
€46,012▲
2024 · €41,435
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Securities and guarantees

on own assets and for others
Item20212022202320242025
Debts secured on the company's own assets€189,993-€150,305-€319,368
Debts guaranteed by Belgian public bodies-€91,304-€202,250-
Mortgages, amount registered€11,000----
Carrying value of the mortgaged assets€233,169----

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€6,750€13,320€125,301€111,619€229,688
Depreciation and write-downs of the year€38,884€27,495€42,494€36,980€51,202

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as Gocon: manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16240). They are comparable in size and age: total assets between €360,000 and €2.2m, founded between 1997 and 2015.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFTEFinancial year
Gocon Heuvelland2012€1.2m€0.2m€0.2m-€0.1m-2025
PHANTOMCASE Sint-Katelijne-Waver2011€2.2m€0.9m€0.6m-€0.1m42025
LAUWERS D. Ledegem2002€1.6m€0.5m€0.6m-€0.08m5.92025
E.C.S. PARTNER Châtelet2003€0.5m€0.2m€0.4m-€0.02m62025
BENILUX SERVICE Ans2015€0.4m€0.2m€0.2m-€0.07m-2025
J DEDRY Bassenge2010€0.7m€0.6m€0.05m-€0.04m-2025
FRAMPAL Frameries1997€1.2m€0.3m€0.3m€1.6m€0.003m4.52025

They were chosen from the 82 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 2,609 companies had the same profile as Gocon has now. Two years later, 1.0% had gone bankrupt and 96.8% were still going.

  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.0% went bankrupt
2.1% stopped otherwise
96.8% was still going

That fits the bankruptcy probability of Gocon itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,609 companies, not a prediction for Gocon. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines

Source: Annual accounts 2025 at the NBB, filed on 28-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€0.8m€1.2m▲
Fixed assets21/28€0.4m€0.6m▲
Tangible fixed assets22/27€0.4m€0.6m▲
Land and buildings22€0.3m€0.5m▲
Plant, machinery and equipment23€0.004m€0.002m▼
Furniture and vehicles24€0.09m€0.07m▼
Current assets29/58€0.4m€0.6m▲
Stocks and contracts in progress3€0.007m€0.05m▲
Stocks30/36€0.007m€0.05m▲
Amounts receivable within one year40/41€0.3m€0.3m▲
Trade receivables40€0.3m€0.3m▼
Other amounts receivable41-€0.02m
Cash at bank and in hand54/58€0.08m€0.2m▲
Deferred charges and accrued income490/1€0.002m€0.003m▲
Equity and liabilities
Total equity and liabilities10/49€0.8m€1.2m▲
Equity10/15€0.1m€0.2m▲
Contributions10/11€0.01m€0.01m=
Reserves13€0.1m€0.2m▲
Distributable reserves133€0.1m€0.2m▲
Profit (loss) carried forward14€0.01m€0.01m=
Amounts payable17/49€0.7m€0.9m▲
Amounts payable after more than one year17€0.3m€0.4m▲
Financial debts170/4€0.3m€0.4m▲
Amounts payable within one year42/48€0.4m€0.6m▲
Current portion of amounts payable after more than one year42€0.02m€0.03m▲
Trade debts44€0.07m€0.1m▲
Suppliers440/4€0.07m€0.1m▲
Taxes, remuneration and social security45€0.03m€0.005m▼
Taxes450/3€0.03m€0.005m▼
Other amounts payable47/48€0.3m€0.4m▲
Accrued charges and deferred income492/3€0.003m€0.003m=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.04m€0.05m▲
Other operating charges640/8€0.003m€0.004m▲
Gross operating margin9900€0.2m€0.2m▲
Operating profit (loss)9901€0.1m€0.2m▲
Financial income75/76B€334€74▼
Recurring financial income75€334€74▼
Financial charges65/66B€0.008m€0.009m▲
Recurring financial charges65€0.008m€0.009m▲
Profit (loss) for the period before taxes9903€0.1m€0.2m▲
Income taxes67/77€0.04m€0.05m▲
Profit (loss) for the period9904€0.08m€0.1m▲
Profit (loss) for the period to be appropriated9905€0.08m€0.1m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.09m€0.1m▲
Profit (loss) brought forward from the previous period14P€0.01m€0.01m=
Transfer from equity791/2€0.06m-
Transfer to equity691/2€0.08m€0.1m▲
To other reserves6921€0.08m€0.1m▲
Profit to be distributed694/7€0.06m-
Return on contributions (dividend)694€0.06m-

The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,067€19,696€24,554€38,884€27,495€42,494€36,980€51,202▲ 38.5%
Other operating charges640/8---€2,433€2,482€4,553€2,818€4,013▲ 42.4%
Gross operating margin9900€49,954€81,073€32,168€62,212€62,729€62,057€172,404€217,138▲ 25.9%
Operating profit (loss)9901€27,681€58,877€5,826€20,895€32,753€15,010€132,605€161,923▲ 22.1%
Financial income75/76B---€52€768€259€334€74▼ 77.7%
Recurring financial income75€0€0€2,043€52€768€259€334€74▼ 77.7%
Financial charges65/66B---€4,592€4,669€6,091€8,486€9,432▲ 11.1%
Recurring financial charges65€4,118€4,947€5,727€4,592€4,669€6,091€8,486€9,432▲ 11.1%
Profit (loss) for the period before taxes9903€23,563€53,931€2,142€16,354€28,851€9,177€124,453€152,566▲ 22.6%
Income taxes67/77€9,880€21,314€514€6,948€12,306€3,364€41,435€46,012▲ 11.0%
Profit (loss) for the period9904€13,683€32,616€1,628€9,407€16,545€5,813€83,018€106,554▲ 28.4%
Profit (loss) for the period to be appropriated9905€13,683€32,616€1,628€9,407€16,545€5,813€83,018€106,554▲ 28.4%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€0.4m€0.4m€0.5m€0.8m€0.5m€0.6m€0.8m€1.2m▲ 45.7%
Fixed assets21/28€0.2m€0.2m€0.3m€0.3m€0.3m€0.4m€0.4m€0.6m▲ 42.0%
Tangible fixed assets22/27€0.2m€0.2m€0.3m€0.3m€0.3m€0.4m€0.4m€0.6m▲ 42.0%
Land and buildings22---€0.2m€0.2m€0.3m€0.3m€0.5m▲ 62.9%
Plant, machinery and equipment23---€0.003m€0.005m€0.004m€0.004m€0.002m▼ 41.0%
Furniture and vehicles24---€0.01m€0.005m€0.02m€0.09m€0.07m▼ 28.7%
Leasing and similar rights25---€0.03m€0.02m----
Current assets29/58€0.2m€0.3m€0.2m€0.5m€0.3m€0.2m€0.4m€0.6m▲ 49.9%
Stocks and contracts in progress3€0.007m€0.04m-€0.02m€0.03m€0.04m€0.007m€0.05m▲ 519%
Stocks30/36---€0.02m€0.03m€0.04m€0.007m€0.05m▲ 519%
Amounts receivable within one year40/41€0.07m€0.2m€0.1m€0.3m€0.2m€0.08m€0.3m€0.3m▲ 8.2%
Trade receivables40---€0.2m€0.1m€0.08m€0.3m€0.3m▼ 0.1%
Other amounts receivable41---€0.04m€0.02m--€0.02m-
Cash at bank and in hand54/58€0.1m€0.07m€0.08m€0.2m€0.08m€0.1m€0.08m€0.2m▲ 165%
Deferred charges and accrued income490/1---€0.001m€0.001m€0.001m€0.002m€0.003m▲ 18.3%
Equity and liabilities
Total equity and liabilities10/49€0.4m€0.4m€0.5m€0.8m€0.5m€0.6m€0.8m€1.2m▲ 45.7%
Equity10/15€0.06m€0.09m€0.09m€0.1m€0.1m€0.1m€0.1m€0.2m▲ 75.2%
Contributions10/11€0.01m€0.01m-€0.01m€0.01m€0.01m€0.01m€0.01m=
Reserves13€0.03m€0.06m€0.06m€0.07m€0.09m€0.09m€0.1m€0.2m▲ 91.5%
Non-distributable reserves130/1---€0.002m€0.002m----
Reserves not available under the articles1311---€0.002m€0.002m----
Distributable reserves133---€0.07m€0.09m€0.09m€0.1m€0.2m▲ 91.5%
Profit (loss) carried forward14€0.01m€0.01m€0.01m€0.01m€0.01m€0.01m€0.01m€0.01m=
Amounts payable17/49€0.3m€0.4m€0.4m€0.7m€0.4m€0.5m€0.7m€0.9m▲ 39.5%
Amounts payable after more than one year17€0.1m€0.09m€0.2m€0.2m€0.1m€0.2m€0.3m€0.4m▲ 42.7%
Financial debts170/4---€0.2m€0.1m€0.2m€0.3m€0.4m▲ 42.7%
Amounts payable within one year42/48€0.2m€0.2m€0.2m€0.5m€0.3m€0.3m€0.4m€0.6m▲ 37.9%
Current portion of amounts payable after more than one year42---€0.02m€0.02m€0.01m€0.02m€0.03m▲ 39.5%
Trade debts44€0.02m€0.07m€0.002m€0.2m€0.01m€0.005m€0.07m€0.1m▲ 71.1%
Suppliers440/4---€0.2m€0.01m€0.005m€0.07m€0.1m▲ 71.1%
Taxes, remuneration and social security45---€0.01m€0.02m€0.02m€0.03m€0.005m▼ 84.1%
Taxes450/3---€0.01m€0.02m€0.02m€0.03m€0.005m▼ 84.1%
Other amounts payable47/48---€0.3m€0.2m€0.2m€0.3m€0.4m▲ 43.1%
Accrued charges and deferred income492/3---€0.003m€0.003m€0.003m€0.003m€0.003m=
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€13,683€32,616€1,628€9,407€16,545€5,813€83,018€106,554▲ 28.4%
+ Depreciation and write-downs630€21,067€19,696€24,554€38,884€27,495€42,494€36,980€51,202▲ 38.5%
Operating cash flow (approximation)€34,750€52,312€26,182€48,291€44,040€48,307€119,998€157,756▲ 31.5%
Investment in fixed assets (approximation)--€5,721-€177,323-€6,750-€13,320-€131,110-€111,619-€231,879▼ 108%
Change in cash--€42,381€11,298€147,513-€149,377€28,264-€31,160€128,058-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 13 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 28-08-2026 2026-00492068 NBB
31-12-2024 abbreviated format 19-06-2025 2025-00165605 PDF
31-12-2023 abbreviated format 10-06-2024 2024-00125316 PDF
31-12-2022 abbreviated format 24-08-2023 2023-00362503 PDF
31-12-2021 abbreviated format 22-07-2022 2022-20223373 PDF
31-12-2020 abbreviated format 25-08-2021 2021-54700482 PDF
31-12-2019 abbreviated format 18-06-2020 2020-18600543 PDF
31-12-2018 abbreviated format 06-08-2019 2019-44200074 PDF
31-12-2017 abbreviated format 27-08-2018 2018-52300019 PDF
31-12-2016 abbreviated format 18-08-2017 2017-44700585 PDF

Show all 13 filings

Board & ownership

Directors

Directors
1 director, last change in 2023
Stefaan Goudeseune
Director (not named in the articles) · appointed in the act of 20-01-2023 · earlier manager, until 20-01-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 28-08-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 20-01-2023

Owners and capital

Capital transactions

Capital over time
  1. 20-01-2023 Converted to unavailable equity · €14,260
  2. 20-01-2023 Converted to uncalled contributions · €6,200

Mandate history

1 person, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Stefaan Goudeseune
  • Manager, until 20-01-2023
  • Director (not named in the articles), appointed in the act of 20-01-2023, still in office
See the board, name and registered office on a given date →

Articles of association

Board and representation

Daily managementDay-to-day management handles the everyday running of the business without the full board.
The board decides whether the delegates act alone or jointly
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Hij kan bijzondere machten toekennen aan elke mandataris, Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als…”

Audit, dissolution and liquidation

Auditor ruleThe articles set how a statutory auditor is appointed and what they check.
“Hernieuwbare termijn van drie jaar, één of meerdere commissarissen”

Articles of association, deed of 20-01-2023 (in Dutch)

Network & group

Gocon shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of Gocon. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
28-08
NBB filing Annual accounts 2025 filedNBB
abbreviated format · 28 days late
2025
31-12
Financial Highest result from 2018 to 2025net €106,554 ▲28.4%
The operating result of €161,923 and the net result of €106,554 are both a record.
31-12
Financial Equity above €200,000equity €248,310 ▲75.2%
With a profit in every financial year since 2018, equity grows to €248,310.
19-06
NBB filing Annual accounts 2024 filedPDF
abbreviated format · 42 days before the deadline
2024
10-06
NBB filing Annual accounts 2023 filedPDF
abbreviated format · 51 days before the deadline
2023
24-08
NBB filing Annual accounts 2022 filedPDF
abbreviated format · 24 days late
20-01
Gazette deed Change of role: Stefaan Goudeseune, from manager to director
Capital conversion · Reserve release · Amendment of the articles10 points ▸
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Capital conversion, “eigen vermogensrekening niet-opgevraagde inbrengen” (deed in Dutch)
  • Reserve release, “opheffen, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Amendment of the articles
  • Capital
  • Director resignation, Stefaan Goudeseune (manager)
  • Director appointment, Stefaan Goudeseune (director (not named in the articles))
  • Registered office clause, “8953 Heuvelland (Wijtschate), Krommestraat 9” (deed in Dutch)
  • Power of attorney
  • Power of attorney, Annelies HIMPE

Open the act in the Belgian Official Gazette

2022
31-12
Financial Equity above €100,000equity €113,992 ▲17%
With a profit in every financial year since 2018, equity grows to €113,992.
22-07
NBB filing Annual accounts 2021 filedPDF
abbreviated format · 9 days before the deadline
2021
25-08
NBB filing Annual accounts 2020 filedPDF
abbreviated format · 25 days late
2020
31-12
Financial Weakest financial yearnet €1,628 ▼95%
The net result drops to €1,628, the lowest from 2018 to 2025. It recovers the following year.
18-06
NBB filing Annual accounts 2019 filedPDF
abbreviated format · 43 days before the deadline
Show earlier events
2019
06-08
NBB filing Annual accounts 2018 filedPDF
abbreviated format · 6 days late
2018
27-08
NBB filing Annual accounts 2017 filedPDF
abbreviated format · 27 days late
2017
18-08
NBB filing Annual accounts 2016 filedPDF
abbreviated format · 18 days late
2012
08-05
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

Gocon was incorporated on 4 May 2012.1 Total assets rose from €365,286 in 2018 to €1.2m in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Register details

Identity

KBO record
Name Gocon in Dutch
Enterprise number 0845.697.963
Legal form Private limited company
Status Active, normale toestand
Founded 04-05-2012
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 20-01-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 20-01-2023 (in Dutch)

Registered office and establishments

Registered office Krommestraat(Wijtsch) 9, 8953 Heuvelland, Belgium
Establishment unit Krommestraat(Wijtsch) 9, 8953 Heuvelland since 04-05-2012 · unit number 2.209.971.586

Activities

NACEBEL 2025
16240 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials main activity
46499 Wholesale of other household goods
46832 Wholesale of timber
47559 Retail sale of other household articles
Codes under NACEBEL 2008
16240 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials main activity
46499 Wholesale of other household goods
46732 Wholesale trade
47599 Retail trade
PurposeThe purpose describes the activities the company may carry out under its articles.
“De aan- en verkoop, in- en uitvoer, commissiehandel en vertegenwoordiging van om het even welke goederen; Groot- en kleinhandel in producten…”
10 activities
  1. De aan- en verkoop, in- en uitvoer, commissiehandel en vertegenwoordiging van om het even welke goederen.
  2. Groot- en kleinhandel in producten die rechtstreeks of onrechtstreeks dienstig zijn voor land- en tuinbouw.
  3. Het besturen, het voeren van de algemene administratie, begeleiden en adviseren van ondernemingen en vennootschappen; het uitoefenen van functies van manager, bestuurder, directeur, zaakvoerder of vereffenaar van andere vennootschappen.
  4. Het verlenen van adviezen van financiële, technische, commerciële of administratieve aard; in de ruimste zin, met uitzondering van adviezen inzake beleggingen en geldplaatsingen; bijstand en diensten verlenen, rechtstreeks of onrechtstreeks, op het vlak van administratie en financiën, verkoop, productie en algemeen bestuur.
  5. Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden, het aankopen, verkopen, ruilen, bouwen, verbouwen, onderhouden, verhuren, huren, verkavelen, prospecteren en uitbaten van onroerende goederen; de aan- en verkoop, huur en verhuur van roerende goederen, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van die aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen, alsmede zich borg te stellen voor het goede verloop van verbintenissen door deze personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen.
  6. Het uitvoeren of doen uitvoeren van research in verband met ondernemingen op alle technische gebieden, zoals marketing, productie, ondernemingstechnieken en dergelijke.
  7. Het zagen, schaven en machinaal bewerken van hout.
  8. Verhuren van technische faciliteiten.
  9. Het nemen van participaties en deelneming in andere vennootschappen of ondernemingen.
  10. De vennootschap zal in het algemeen alle commerciële, industriële, financiële, roerende of onroerende handelingen mogen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp of welke van aard zouden zijn het bereiken ervan geheel of ten dele te vergemakkelijken.
deed of 20-01-2023 (in Dutch)

Invoicing and payment

VAT number BE 0845.697.963
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0845697963
Other Peppol ID 9925:BE0845697963
Registered 06-12-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 1 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 18:00
deed of 20-01-2023 (in Dutch)
Meeting accessThe articles set who may attend the meeting and what is needed to be admitted.
“Indien enkel de stemrechten geschorst zijn, mag hij nog steeds deelnemen aan de algemene vergadering zonder te kunnen deelnemen aan de…”
deed of 20-01-2023 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
1,377 m²
Building footprint
264 m²
Building volume
1,386 m³
Cadastral parcel Region Area Buildings Height / floors
33032D0313/00G000 Flanders 1,377 m² 1 · 264 m² 8.0 m · 2