God & Zonen
ActiveGod & Zonen has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €254k and a net result of €28k. Equity is shrinking by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 31% of 1933 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▲+6
Solvency50▲+4
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity short (current ratio 0.6 against 0.55 in 2023; short-term debt: 29% and cash: 7.7% of total assets), and 75.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Sector 59
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €254k
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 17-07-2025, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
14 d early
2023
12 d late
2022
42 d early
2021
41 d early
2020
43 d early
2019
3 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€254k▲ 12.2%
2023 · €227k
2018: €347k
2019: €397k
2020: €390k
2021: €209k
2022: €210k
2023: €227k
2018 → 2024
Total assets
€1.02M▼ 5.1%
2023 · €1.08M
2018: €810k
2019: €746k
2020: €716k
2021: €940k
2022: €1.18M
2023: €1.08M
2018 → 2024
Net result
€28k▲ 71.1%
2023 · €16k
2018: €42k
2019: €50k
2020: €74k
2021: €-28k
2022: €1k
2023: €16k
2018 → 2024
Working capital
€-118k▲ 14.4%
2023 · €-137k
2018: €54k
2019: €107k
2020: €118k
2021: €134k
2022: €-117k
2023: €-137k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€390k-€209k▼ 46.4%€210k▲ 0.5%€227k▲ 7.7%€254k▲ 12.2%
Operating result€113k-€-13k€23k€57k▲ 144%€72k▲ 27.0%
Net result€74k-€-28k€1k€16k▲ 1,484%€28k▲ 71.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 27% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.02M
Fixed assets
€845k▼ 7.3%
Current assets
€180k▲ 6.6%
Equity and liabilities €1.02M
Equity
€254k▲ 12.2%
Debt
€770k▼ 9.7%
The debt ratio falls from 79.0% to 75.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€140k▲
2023 · €126k
Cash flow
€95k▲
2023 · €86k
Solvency
24.8%▲
2023 · 21.0%
Current ratio
0.60▲
2023 · 0.55
Quick ratio
0.60▲
2023 · 0.55
Debt / equity
3.03▼
2023 · 3.76
ROE
10.9%▲
2023 · 7.1%
ROA
2.7%▲
2023 · 1.5%
Interest coverage
5.69▲
2023 · 5.24
Debt
€770k▼
2023 · €853k
Debt ≤ 1 year
€297k▼
2023 · €306k
Debt > 1 year
€449k▼
2023 · €547k
Income taxes
€20k▲
2023 · €17k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.08M€1.02M▼
Fixed assets21/28€911k€845k▼
Tangible fixed assets22/27€911k€845k▼
Land and buildings22€867k€813k▼
Plant, machinery and equipment23€8k€7k▼
Furniture and vehicles24€35k€25k▼
Current assets29/58€169k€180k▲
Amounts receivable within one year40/41€50k€61k▲
Trade receivables40€34k€45k▲
Other amounts receivable41€15k€16k▲
Current investments50/53€27k€39k▲
Cash at bank and in hand54/58€92k€79k▼
Deferred charges and accrued income490/1€73€1k▲
Equity and liabilities
Total equity and liabilities10/49€1.08M€1.02M▼
Equity10/15€227k€254k▲
Contributions10/11€19k€19k=
Reserves13€208k€236k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€208k€236k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€853k€770k▼
Amounts payable after more than one year17€547k€449k▼
Financial debts170/4€547k€449k▼
Amounts payable within one year42/48€306k€297k▼
Current portion of amounts payable after more than one year42€100k€98k▼
Financial debts43-€6k
Credit institutions430/8-€6k
Trade debts44€49k€33k▼
Suppliers440/4€49k€33k▼
Taxes, remuneration and social security45€23k€22k▼
Taxes450/3€23k€18k▼
Remuneration and social security454/9-€4k
Other amounts payable47/48€134k€138k▲
Accrued charges and deferred income492/3-€24k
Income statement
Code20232024
Non-recurring operating income76A€307€0▼
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€70k€68k▼
Other operating charges640/8€7k€7k▼
Gross operating margin9900€134k€147k▲
Operating profit (loss)9901€57k€72k▲
Financial income75/76B€178€197▲
Recurring financial income75€178€197▲
Financial charges65/66B€24k€25k▲
Recurring financial charges65€24k€25k▲
Profit (loss) for the period before taxes9903€33k€48k▲
Income taxes67/77€17k€20k▲
Profit (loss) for the period9904€16k€28k▲
Profit (loss) for the period to be appropriated9905€16k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€28k▲
Profit (loss) brought forward from the previous period14P€-13k€0▲
Transfer to equity691/2€3k€28k▲
To other reserves6921€3k€28k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-07
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
Back to profitnet €1k
Net result €1k after one loss-making year.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-28k ▼138%
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €74k ▲47.5%
Operating result €113k, net result €74k, both a record.
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 3.13
Current ratio from 1.42 to 3.13; short-term debt falls from €128k to €50k.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Temse · 1 establishment unit since 2008
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.
Doornstraat 969140 TemseGround area
1,674 m²
Building footprint
175 m²
Volume, LiDAR
751 m³
Parcel 46025B0643/00V000, Flanders · tallest building 17.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
GOD & ZONEN
since 20082.172.767.930
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46025B0643/00V000 | Flanders | 1,674 m² | 1 · 175 m² | 17.8 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.
Recognitions · licences · registrations
Legal Entity Identifier
69940010FXDOPZE0VR87
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Of 797 companies in sector 59201 we hold annual accounts for 162. 105 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-08-2008
Fiscal year end31-12
Activities, NACEBEL
59201Sound recording
59111Production of cinema films
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.