Skip to content

GODAI

Active
Private limited companyfounded 201411 yrs activeKlaverweg 17, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 0505.653.179

GODAI has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9k and a net result of €4k. Equity is shrinking by ~22.6% per year across the filed fiscal years. Its solvency ranks better than 30% of 4544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
56 / 100
Fair▲ +31 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency4=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.62 against 0.65 in 2024), and 97.3% 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 riskneutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
2.7%
Return on assets
1.3%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 11 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
54 d late
2023
29 d early
2022
5 d early
2021
32 d early
2020
9 d early
2019
35 d early
← before the deadline after the deadline →
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 months
Position in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€9k▲ 90.4%
2024 · €5k
2018: €47k 2019: €43k 2020: €27k 2021: €23k 2022: €8k 2023: €17k 2024: €5k
2018 → 2025
Total assets
€334k▲ 3.7%
2024 · €322k
2018: €473k 2019: €484k 2020: €477k 2021: €456k 2022: €401k 2023: €373k 2024: €322k
2018 → 2025
Net result
€4k
2024 · €-12k
2018: €9k 2019: €-4k 2020: €-15k 2021: €-4k 2022: €-15k 2023: €9k 2024: €-12k
2018 → 2025
Working capital
€-34k▼ 76.2%
2024 · €-19k
2018: €-20k 2019: €-12k 2020: €8k 2021: €10k 2022: €-14k 2023: €-4k 2024: €-19k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€23k-€8k▼ 65.7%€17k▲ 110%€5k▼ 71.4%€9k▲ 90.4%
Operating result€7k-€-5k€18k€-2k€14k
Net result€-4k-€-15k▼ 260%€9k€-12k€4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10k€20kOperating result 2021: €7k€7kNet result 2021: €-4k€-4kOperating result 2022: €-5k€-5kNet result 2022: €-15k€-15kOperating result 2023: €18k€18kNet result 2023: €9k€9kOperating result 2024: €-2k€-2kNet result 2024: €-12k€-12kOperating result 2025: €14k€14kNet result 2025: €4k€4k20212022202320242025
The operating result returns to profit in 2025: €14k after a loss of €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €334k
Fixed assets €280k▼ 2.2%
Current assets €54k▲ 51.8%
Equity and liabilities €334k
Equity €9k▲ 90.4%
Debt €325k▲ 2.4%
The debt ratio falls from 98.5% to 97.3%: equity grows faster than debt.
Key figures and ratios
2025 value · change against 2024
EBITDA
€44k
2024 · €35k
Cash flow
€34k
2024 · €25k
Solvency
2.7%
2024 · 1.5%
Current ratio
0.62
2024 · 0.65
Quick ratio
0.62
2024 · 0.65
Debt / equity
35.70
2024 · 66.39
ROE
47.5%
2024 · -249.7%
ROA
1.3%
2024 · -3.7%
Interest coverage
6.39
2024 · 3.55
Debt
€325k
2024 · €317k
Debt ≤ 1 year
€87k
2024 · €54k
Debt > 1 year
€237k
2024 · €263k
Income taxes
€3k
2024 · €268
Staff costs
€0
2024 · €3k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€322k€334k
Fixed assets21/28€286k€280k
Intangible fixed assets21€0-
Tangible fixed assets22/27€286k€280k
Land and buildings22€275k€272k
Plant, machinery and equipment23€5k€4k
Furniture and vehicles24€6k€5k
Leasing and similar rights25€247€0
Financial fixed assets28€90€90=
Current assets29/58€35k€54k
Amounts receivable within one year40/41€13k€16k
Trade receivables40€9k€6k
Other amounts receivable41€4k€10k
Cash at bank and in hand54/58€21k€36k
Deferred charges and accrued income490/1€2k€2k
Equity and liabilities
Total equity and liabilities10/49€322k€334k
Equity10/15€5k€9k
Contributions10/11€40k€40k=
Reserves13€7k€7k=
Tax-exempt reserves132€62€62=
Distributable reserves133€7k€7k=
Profit (loss) carried forward14€-42k€-38k
Amounts payable17/49€317k€325k
Amounts payable after more than one year17€263k€237k
Financial debts170/4€263k€237k
Amounts payable within one year42/48€54k€87k
Current portion of amounts payable after more than one year42€30k€27k
Financial debts43-€83
Credit institutions430/8-€83
Trade debts44€11k€51k
Suppliers440/4€11k€51k
Taxes, remuneration and social security45€3k€5k
Taxes450/3€3k€4k
Remuneration and social security454/9€0€1k
Other amounts payable47/48€11k€4k
Income statement Code20242025
Remuneration, social security and pensions62€3k€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€30k
Other operating charges640/8€2k€2k
Non-recurring operating charges66A€0-
Gross operating margin9900€40k€46k
Operating profit (loss)9901€-2k€14k
Financial income75/76B€105€432
Recurring financial income75€105€432
Financial charges65/66B€10k€7k
Recurring financial charges65€10k€7k
Profit (loss) for the period before taxes9903€-12k€8k
Income taxes67/77€268€3k
Profit (loss) for the period9904€-12k€4k
Profit (loss) for the period to be appropriated9905€-12k€4k
Appropriation of the result
Profit (loss) to be appropriated9906€-42k€-38k
Profit (loss) brought forward from the previous period14P€-30k€-42k

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €4k
Net result €4k after one loss-making year.
23-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
02-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €9k
Net result €9k after 4 loss-making years.
26-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
22-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
26-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
01-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
26-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 26 days late
2017
03-07
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
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, Merelbeke-Melle · 1 establishment unit since 2015
establishment The establishment unit on the map
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.

Klaverweg 179820 Merelbeke-Melle
Ground area
1,114 m²
Building footprint
180 m²
Volume, LiDAR
648 m³
2 parcels, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BVBA GODAI
Brusselsesteenweg 648, 9050 GentHuman health activities
since 20152.238.228.973
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44043A0059/00X004 Flanders 681 m² 1 · 96 m² 1.6 m
44363B0443/00Y003 Flanders 433 m² 1 · 84 m² 9.9 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 3,664 EUR awarded · 3,596 EUR paid
Year Entries awardedpaid
2025 1 2,577 EUR2,509 EUR
2024 1 524 EUR524 EUR
2023 1 186 EUR186 EUR
2022 1 377 EUR377 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 3,664 EUR · 3,596 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 6,690 companies in sector 96230 we hold annual accounts for 616. 388 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded24-11-2014
Fiscal year end31-12
Activities, NACEBEL
96040Personal service activities
96230Day spas, saunas and steam baths
82300Organisation of conventions and trade shows
96022Beauty treatment
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.