GODECHAUD
ActiveSummary
The computed 12-month bankruptcy probability of GODECHAUD is 2.3% (moderate). The 2025 annual accounts show equity of €361,260 and a net result of €15,874. Equity is growing by ~6% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-1
Solvency55▲+3
Growth85=
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €20,000 at 30 days acceptable
Liquidity short (current ratio 0.01 against 0.01 in 2024; short-term debt: 10.5% and cash: 0% of total assets), and 70% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
30%
Return on assets
1.3%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filingsDeviation from the deadline
2025
25 d late
2024
17 d early
2023
29 d early
2022
7 d early
2021
24 d late
2020
53 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 8 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
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. Usually files around 24 July (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€156,126▲ 4.5%
2021 · €149,388
EBIT margin
26.7%▲ 12.2pp
2021 · 14.5%
Net result
€15,874▼ 18.3%
2024 · €19,433
Working capital
-€125,364▼ 1.7%
2024 · -€123,311
Trend over the years
In euros
In per cent
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€149,388▲ 73.7%€156,126▲ 4.5%
Operating result€21,673€41,714▲ 92.5%€58,386▲ 40.0%€42,921▼ 26.5%€37,232▼ 13.3%
Net result€3,309€19,476▲ 489%€29,299▲ 50.4%€19,433▼ 33.7%€15,874▼ 18.3%
EBIT margin14.5%▲ 29.6pp26.7%▲ 12.2pp
Equity€277,178▲ 1.2%€296,653▲ 7.0%€325,952▲ 9.9%€345,385▲ 6.0%€361,260▲ 4.6%
Total assets€1.5m=€1.4m▼ 6.8%€1.3m▼ 5.3%€1.3m▼ 4.7%€1.2m▼ 5.8%
Debt€1.2m▼ 0.3%€1.1m▼ 9.9%€1.0m▼ 9.3%€933,834▼ 8.2%€844,159▼ 9.6%
Working capital-€315,179▼ 10.7%-€130,602▲ 58.6%-€117,499▲ 10.0%-€123,311▼ 4.9%-€125,364▼ 1.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€1.2m ▼ 5.8%
Current assets
€1,779 ▲ 26.4%
Equity and liabilities €1.2m
Equity
€361,260 ▲ 4.6%
Debt
€844,159 ▼ 9.6%
Debt's share of the balance-sheet total falls from 73.0% to 70.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€111,405▼
2024 · €115,832
Cash flow
€90,047▼
2024 · €92,345
Current ratio
0.01▲
2024 · 0.01
Debt to equity
2.34▼
2024 · 2.70
ROE
4.4%▼
2024 · 5.6%
ROA
1.3%▼
2024 · 1.5%
Interest coverage
8.48▲
2024 · 8.09
Debt ≤ 1 year
€127,144▲
2024 · €124,719
Debt > 1 year
€714,500▼
2024 · €806,600
Income taxes
€8,225▼
2024 · €9,167
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,372 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.9%
went bankrupt
1.4%
stopped otherwise
97%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,372 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €149,388 | €156,126 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €41,881 | €24,065 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €70,183 | €72,161 | €72,437 | €72,912 | €74,173 | ▲ 1.7% |
| Other operating charges640/8 | €15,653 | €18,186 | €18,942 | €20,267 | €20,606 | ▲ 1.7% |
| Gross operating margin9900 | €107,508 | €132,061 | €149,766 | €136,099 | €132,011 | ▼ 3.0% |
| Operating profit (loss)9901 | €21,673 | €41,714 | €58,386 | €42,921 | €37,232 | ▼ 13.3% |
| Financial income75/76B | €372 | - | - | - | - | - |
| Recurring financial income75 | €372 | - | - | - | - | - |
| Financial charges65/66B | €18,736 | €17,087 | €15,392 | €14,320 | €13,133 | ▼ 8.3% |
| Recurring financial charges65 | €18,736 | €17,087 | €15,392 | €14,320 | €13,133 | ▼ 8.3% |
| Profit (loss) for the period before taxes9903 | €3,309 | €24,628 | €42,994 | €28,601 | €24,099 | ▼ 15.7% |
| Income taxes67/77 | - | €5,152 | €13,695 | €9,167 | €8,225 | ▼ 10.3% |
| Profit (loss) for the period9904 | €3,309 | €19,476 | €29,299 | €19,433 | €15,874 | ▼ 18.3% |
| Profit (loss) for the period to be appropriated9905 | €3,309 | €19,476 | €29,299 | €19,433 | €15,874 | ▼ 18.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.5m | €1.4m | €1.3m | €1.3m | €1.2m | ▼ 5.8% |
| Fixed assets21/28 | €1.5m | €1.4m | €1.3m | €1.3m | €1.2m | ▼ 5.8% |
| Tangible fixed assets22/27 | €1.5m | €1.4m | €1.3m | €1.3m | €1.2m | ▼ 5.8% |
| Land and buildings22 | €1.2m | €1.2m | €1.1m | €1.1m | €1.0m | ▼ 4.6% |
| Plant, machinery and equipment23 | €230,718 | €212,739 | €190,779 | €168,818 | €146,857 | ▼ 13.0% |
| Other tangible fixed assets26 | - | - | - | €16,881 | €15,145 | ▼ 10.3% |
| Current assets29/58 | €46,979 | €11,941 | €9,603 | €1,407 | €1,779 | ▲ 26.4% |
| Amounts receivable within one year40/41 | €40,442 | €3,669 | €195 | €333 | €1,275 | ▲ 283% |
| Trade receivables40 | €38,442 | €3,669 | €195 | €0 | - | - |
| Other amounts receivable41 | €2,000 | - | - | €333 | €1,275 | ▲ 283% |
| Cash at bank and in hand54/58 | €6,537 | €8,272 | €9,206 | €1,075 | €504 | ▼ 53.1% |
| Deferred charges and accrued income490/1 | - | - | €202 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.5m | €1.4m | €1.3m | €1.3m | €1.2m | ▼ 5.8% |
| Equity10/15 | €277,178 | €296,653 | €325,952 | €345,385 | €361,260 | ▲ 4.6% |
| Contributions10/11 | €3,223 | €3,223 | €3,223 | €3,223 | €3,223 | = |
| Revaluation surpluses12 | €300,000 | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Reserves13 | €4 | €4 | €4 | €4 | €4 | = |
| Non-distributable reserves130/1 | €4 | €4 | €4 | €4 | €4 | = |
| Reserves not available under the articles1311 | €4 | €4 | €4 | €4 | €4 | = |
| Profit (loss) carried forward14 | -€26,049 | -€6,574 | €22,725 | €42,158 | €58,033 | ▲ 37.7% |
| Amounts payable17/49 | €1.2m | €1.1m | €1.0m | €933,834 | €844,159 | ▼ 9.6% |
| Amounts payable after more than one year17 | €878,300 | €974,900 | €889,800 | €806,600 | €714,500 | ▼ 11.4% |
| Financial debts170/4 | €878,300 | €974,900 | €889,800 | €803,000 | €714,500 | ▼ 11.0% |
| Other amounts payable178/9 | - | - | - | €3,600 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €362,158 | €142,543 | €127,102 | €124,719 | €127,144 | ▲ 1.9% |
| Current portion of amounts payable after more than one year42 | €61,700 | €98,825 | €100,950 | €103,075 | €88,500 | ▼ 14.1% |
| Financial debts43 | €200,000 | - | - | - | - | - |
| Credit institutions430/8 | €200,000 | - | - | - | - | - |
| Trade debts44 | €19,350 | €6,248 | €892 | €0 | - | - |
| Suppliers440/4 | €19,350 | €6,248 | €892 | €0 | - | - |
| Taxes, remuneration and social security45 | - | €5,152 | €18,847 | €0 | - | - |
| Taxes450/3 | - | €5,152 | €18,847 | €0 | - | - |
| Other amounts payable47/48 | €81,108 | €32,318 | €6,413 | €21,644 | €38,644 | ▲ 78.5% |
| Accrued charges and deferred income492/3 | €3,605 | €3,651 | €117 | €2,515 | €2,515 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,309 | €19,476 | €29,299 | €19,433 | €15,874 | ▼ 18.3% |
| + Depreciation and write-downs630 | €70,183 | €72,161 | €72,437 | €72,912 | €74,173 | ▲ 1.7% |
| Operating cash flow (approximation) | €73,492 | €91,637 | €101,736 | €92,345 | €90,047 | ▼ 2.5% |
| Investment in fixed assets (approximation) | - | -€3,706 | €0 | -€17,355 | €0 | ▲ 100% |
| Change in cash | - | €1,735 | €934 | -€8,131 | -€570 | ▲ 93.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
24-07
State Gazette act
Registered officeShareholding · Registered-office move · Director in office6 facts ▸
State Gazette act
Registered office
Shareholding · Registered-office move · Director in office6 facts ▸
- General meeting, 10-06-2026
- Shareholding, 10-06-2026
- Other statement, representative, representation at extraordinary general meeting
- Registered-office move, Rue Joseph Wanet 7A,5020 Vedrin
- Director in office, Herman Consulting (director)
- Other statement, instruction pied formulaire, pouvoir représenter personne morale à l'égard des tiers
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2020net €29,299 ▲50.4%
Operating result €58,386, net result €29,299, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Back to profitnet €3,309
Net result €3,309 after one loss-making year.
22-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 53 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 1 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 2020
Ground area
2,484 m²
Building footprint
543 m²
Volume, LiDAR
9,901 m³
2 parcels, Wallonia · tallest building 21.8 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
GODECHAUD
since 20202.309.257.026
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92094C0104/00G000 | Wallonia | 1,315 m² | 1 · 484 m² | 21.8 m · 7 fl. |
| 92128C0356/00F000 | Wallonia | 1,169 m² | 1 · 60 m² | 9.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
No current directors or connected companies found in the register.
Capital and shareholders
Shareholders according to the acts
Stated in the act
act of 24-07-2026 ↗
- Herman Consulting all shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Company details
Identification
Legal formPrivate limited company
Founded13-07-2020
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0750611338
Registered
22-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.