Result
€160,015 ▼ 80.3%
The result fell in 2025 from €811,988 to €160,015.
GODDEERIS
Lifetime
20 annual accounts with figures on one time axis, 49 filings since 1977peak €3.0m (2016)
-not published
lowest -€227,495 (2020)
€160,015▼ 80.3%
peak €3.8m (2025)
€3.8m▲ 4.4%
€6.9m▲ 5.3%
peak 32.6 FTE (2023)
31.2 FTE▲ 2.3%
Board4 names since 2021
4 directorsAsgard BV and 3 others
Owners3 names in the annual accounts
50%JAJAX and 2 others
Documentsfilings and deeds
31-08-202631 days late
2025financial year
Turnover from €20.7m to €16.2mResult from €811,988 to €160,015Investments €797,743Cash from €233,799 to €406,533
Key points
from the 2025 annual accountsInvestments
€826,908 8.1 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 366.8% higher than in 2024.
Staff
36 employees on 31-12-2025
In 2025, 13 people joined and 7 left. On top of that, 0.3 agency workers worked there on average.
Payment terms
51 days to suppliers
GODDEERIS pays its suppliers 11 days later than in 2024. Customers pay 16 days later.
Filings
49 annual accounts since 1977
Three of the last ten came late. The 2025 accounts came latest: 31 days after the end of the period.
Position in the sector
€3.8m
More equity than 88% of companies in specialised construction. Sector median €459,014 · 2,463 companies.
Checked score
67
Healthy
Financially stronger than 28% of small companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 2,647 companies (NACE 43, small).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.6%▲ +0.3 percentage points vs 07-2025
09-2025: 0.3%▼ -0.3 percentage points vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.2%▼ -0.1 percentage points vs 01-2026lowest value
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.3%▲ +0.1 percentage points vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.6%▲ +0.3 percentage points vs 07-2026
09-2026: 0.7%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.7%● unchanged vs 09-2026highest value
11-2026: 0.7%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 1.58, cash €406,533
Sector: Specialised construction activities (NACE 43)
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
lowers risk
Founded in 1968
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 43, small). It does better than 46% of them on solvency, 17% on liquidity, 18% on profitability and 29% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as GODDEERIS has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of GODDEERIS itself is higher: 0.7% within 12 months. It rests on far more data about GODDEERIS than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 14,766 companies, not a prediction for GODDEERIS. 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.
Credit verdict
Credit of up to €250,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.58 (1.75 in 2024), above the usual 1.5. Short-term debt is 56.8% and cash 3.8% of total assets. However, 64.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filingsDeviation from the deadline
2025
31 days late
2024
29 days late
2023
21 days early
2022
20 days early
2021
11 days early
2020
12 days early
2019
20 days late
← 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 2 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 20 July (4 of the last 5 accounts filed within 40 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- JAJAX 50%score 92equity €1.1m (2025) · 30-12-2025 annual accounts of JAJAX
- ASGARD 25%equity €768,929 (2025) · 30-12-2025 annual accounts of ASGARD
- FLOLEO 25%score 95equity €723,932 (2025) · 30-12-2025 annual accounts of FLOLEO
Recent changes
3 directors appointed, 4 reappointments
Reappointments: BV JAJAX, BV ASGARD, BV FLOLEO and Veerle Verkouille · Permanent representatives: Jan Goddeeris, Tom Goddeeris and Stijn Goddeeris · Appointments: BV JAJAX, BV ASGARD and BV FLOLEO · General meeting of 20-12-2021 · Gazette deed
Company renamed from GEBROEDERS GODDEERIS to GODDEERIS
Registered office moved within Roeselare · New registered office: Ovenhoek 26, 8800 Roeselare · Previous registered office: Vijfwegenstraat 174, 8800 Roeselare · General meeting of 29-04-2019 · Gazette deed
Establishment taken over
Ovenhoek 26, Roeselare · in the KBO since 1962
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GODDEERIS Roeselare | €16.2m | 2.4% | 35.5% | 31.2 |
| KAUFFMAN Aywaille | €16.3m | 2.7% | 26.6% | 38.4 |
| TROX Belgium Anderlecht | €27.9m | 2.1% | 14.8% | 44.5 |
| FIEUW KOELTECHNIEK Roeselare | €11.8m | 3.6% | 9.9% | 29.6 |
| QUARTIER Kuurne | €29.7m | 4.3% | 21.4% | 18 |
| Artes Uptech Oudenburg | €19.8m | -1.4% | 31.1% | 46.7 |
| WEISS TECHNIK BELGIUM Liedekerke | €10.2m | 6.6% | 36.8% | 32.8 |
Grey: the largest companies of the sector (specialised construction (NACE 43)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as GODDEERIS: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €7.5m and €13m, founded between 1965 and 1988.
Official details
Source: KBO- Status
- ActiveNormal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 2 others
- Joint committee
- 124Construction · annual accounts 2025
- Establishment unit
- 2.003.710.3908800 Roeselare, since 01-06-1962
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €10.8m▲ 5.0%
- Employeeson 31-12-2025
- 36▲ 20.0%
- Filing
- Filed on 31-08-2026
Insights on GODDEERIS
GODDEERIS has existed since 1968. The gross margin fell from €613,827 in 2007 to €215,789 in 2008.
In December 2021, the Official Gazette published the appointment of Asgard BV as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GODDEERIS
- What is the company number of GODDEERIS?
- The company number of GODDEERIS is 0405.566.896. The VAT number is the same number with BE in front: BE 0405.566.896.
- Where is GODDEERIS based?
- The registered office is at Ovenhoek 26, 8800 Roeselare.Company details
- What does GODDEERIS do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of GODDEERIS?
- GODDEERIS is a public limited company (NV).
- When was GODDEERIS founded?
- GODDEERIS was founded on 01-01-1968.
- Is GODDEERIS still active?
- Yes, GODDEERIS is an active enterprise in the KBO register.
- How many employees does GODDEERIS have?
- GODDEERIS had an average of 31.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does GODDEERIS fall under?
- In its 2025 annual accounts, GODDEERIS states joint committee 124 (Construction).
- What is the turnover of GODDEERIS?
- The turnover of GODDEERIS was €16.2m in financial year 2025, according to the filed annual accounts.
- Is GODDEERIS profitable?
- In financial year 2025, GODDEERIS made a profit of €160,015.
- Where can I find the annual accounts of GODDEERIS?
- GODDEERIS filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GODDEERIS due?
- GODDEERIS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check
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