Goderis-Seys
ActiveSummary
Goderis-Seys has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €241,178 and a net result of €121,095. Equity is growing by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 48% of 7967 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability95▲+4
Solvency67▼-9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity ample (current ratio 1.79 against 2.25 in 2024; short-term debt: 37.8% and cash: 38.4% of total assets), but 57.6% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
42.4%
Return on assets
21.3%
Age of the figures
9 mo
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 20-07-2026, 11 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
11 d early
2024
29 d early
2023
26 d early
2022
21 d early
2021
32 d early
2020
18 d early
2019
27 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed 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 6 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€241,178▲ 2.3%
2024 · €235,671
Total assets
€569,228▲ 23.5%
2024 · €460,890
Net result
€121,095▲ 49.0%
2024 · €81,291
Working capital
€169,201▲ 6.9%
2024 · €158,309
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
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.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€40,783▼ 45.6%€58,805▲ 44.2%€56,790▼ 3.4%€108,309▲ 90.7%€157,544▲ 45.5%
Net result€33,052within the sector's middle half▼ 43.6%€40,032within the sector's middle half▲ 21.1%€39,508within the sector's middle half▼ 1.3%€81,291within the sector's middle half▲ 106%€121,095above the sector's middle half▲ 49.0%
Equity€178,146within the sector's middle half▲ 1.7%€224,578within the sector's middle half▲ 26.1%€249,968within the sector's middle half▲ 11.3%€235,671within the sector's middle half▼ 5.7%€241,178within the sector's middle half▲ 2.3%
Total assets€543,489within the sector's middle half▼ 9.8%€518,344within the sector's middle half▼ 4.6%€528,569within the sector's middle half▲ 2.0%€460,890within the sector's middle half▼ 12.8%€569,228within the sector's middle half▲ 23.5%
Debt€365,343▼ 14.5%€293,767▼ 19.6%€278,601▼ 5.2%€225,220▼ 19.2%€328,050▲ 45.7%
Working capital€121,800within the sector's middle half▲ 77.3%€126,422within the sector's middle half▲ 3.8%€230,940within the sector's middle half▲ 82.7%€158,309within the sector's middle half▼ 31.5%€169,201within the sector's middle half▲ 6.9%
Solvency32.8%within the sector's middle half▲ 3.7pp43.3%within the sector's middle half▲ 10.5pp47.3%within the sector's middle half▲ 4.0pp51.1%within the sector's middle half▲ 3.8pp42.4%within the sector's middle half▼ 8.8pp
Current ratio1.71within the sector's middle half▲ 0.461.74within the sector's middle half▲ 0.022.79within the sector's middle half▲ 1.052.25within the sector's middle half▼ 0.541.79within the sector's middle half▼ 0.46
Return on assets (ROA)6.1%within the sector's middle half▼ 3.6pp7.7%within the sector's middle half▲ 1.6pp7.5%within the sector's middle half▼ 0.2pp17.6%above the sector's middle half▲ 10.2pp21.3%above the sector's middle half▲ 3.6pp
Staff (FTE)5.7within the sector's middle half▲ 18.8%5.6within the sector's middle half▼ 1.8%4.1within the sector's middle half▼ 26.8%3.7within the sector's middle half▼ 9.8%3.8within the sector's middle half▲ 2.7%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 45% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €569,228
Fixed assets
€184,863 ▲ 5.1%
Current assets
€384,365 ▲ 34.9%
Equity and liabilities €569,228
Equity
€241,178 ▲ 2.3%
Debt
€328,050 ▲ 45.7%
Debt's share of the balance-sheet total rises from 48.9% to 57.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€241,271▲
2024 · €188,755
Cash flow
€204,821▲
2024 · €161,737
Quick ratio
1.24▼
2024 · 1.48
Debt to equity
1.36▲
2024 · 0.96
ROE
50.2%▲
2024 · 34.5%
Interest coverage
95.90▼
2024 · 99.30
Debt ≤ 1 year
€215,164▲
2024 · €126,675
Debt > 1 year
€96,519▲
2024 · €72,789
Income taxes
€35,482▲
2024 · €26,463
Staff costs
€232,765▼
2024 · €234,083
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.9% 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 497,340 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 34,696 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €266,598 | €301,168 | €245,247 | €234,083 | €232,765 | ▼ 0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €70,860 | €68,792 | €74,279 | €80,446 | €83,726 | ▲ 4.1% |
| Other operating charges640/8 | €1,965 | €1,465 | €1,723 | €3,840 | €2,578 | ▼ 32.9% |
| Gross operating margin9900 | €380,207 | €430,229 | €378,039 | €426,678 | €476,614 | ▲ 11.7% |
| Operating profit (loss)9901 | €40,783 | €58,805 | €56,790 | €108,309 | €157,544 | ▲ 45.5% |
| Financial income75/76B | €1,509 | €513 | €358 | €1,345 | €1,548 | ▲ 15.0% |
| Recurring financial income75 | €1,509 | €513 | €358 | €1,345 | €1,548 | ▲ 15.0% |
| Financial charges65/66B | €3,545 | €3,839 | €2,529 | €1,901 | €2,516 | ▲ 32.4% |
| Recurring financial charges65 | €3,545 | €3,839 | €2,529 | €1,901 | €2,516 | ▲ 32.4% |
| Profit (loss) for the period before taxes9903 | €38,747 | €55,479 | €54,619 | €107,754 | €156,576 | ▲ 45.3% |
| Income taxes67/77 | €5,694 | €15,447 | €15,111 | €26,463 | €35,482 | ▲ 34.1% |
| Profit (loss) for the period9904 | €33,052 | €40,032 | €39,508 | €81,291 | €121,095 | ▲ 49.0% |
| Profit (loss) for the period to be appropriated9905 | €33,052 | €40,032 | €39,508 | €81,291 | €121,095 | ▲ 49.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €543,489 | €518,344 | €528,569 | €460,890 | €569,228 | ▲ 23.5% |
| Fixed assets21/28 | €251,010 | €220,319 | €168,634 | €175,907 | €184,863 | ▲ 5.1% |
| Intangible fixed assets21 | €36,750 | €27,750 | €18,750 | €9,750 | €750 | ▼ 92.3% |
| Tangible fixed assets22/27 | €214,260 | €192,569 | €149,884 | €166,157 | €184,113 | ▲ 10.8% |
| Plant, machinery and equipment23 | €149,204 | €111,690 | €88,615 | €88,218 | €121,267 | ▲ 37.5% |
| Furniture and vehicles24 | €65,056 | €80,878 | €61,269 | €77,939 | €62,846 | ▼ 19.4% |
| Current assets29/58 | €292,479 | €298,026 | €359,935 | €284,984 | €384,365 | ▲ 34.9% |
| Stocks and contracts in progress3 | €72,571 | €74,798 | €106,740 | €97,380 | €117,876 | ▲ 21.0% |
| Stocks30/36 | €65,452 | €68,298 | €99,740 | €89,880 | €85,043 | ▼ 5.4% |
| Contracts in progress37 | €7,120 | €6,500 | €7,000 | €7,500 | €32,833 | ▲ 338% |
| Amounts receivable within one year40/41 | €101,716 | €79,187 | €49,461 | €41,556 | €30,120 | ▼ 27.5% |
| Trade receivables40 | €73,549 | €50,455 | €24,116 | €8,245 | €12,208 | ▲ 48.1% |
| Other amounts receivable41 | €28,167 | €28,731 | €25,345 | €33,311 | €17,911 | ▼ 46.2% |
| Cash at bank and in hand54/58 | €107,346 | €129,392 | €178,074 | €133,963 | €218,379 | ▲ 63.0% |
| Deferred charges and accrued income490/1 | €10,846 | €14,649 | €25,660 | €12,085 | €17,990 | ▲ 48.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €543,489 | €518,344 | €528,569 | €460,890 | €569,228 | ▲ 23.5% |
| Equity10/15 | €178,146 | €224,578 | €249,968 | €235,671 | €241,178 | ▲ 2.3% |
| Contributions10/11 | €18,600 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Reserves13 | €159,546 | €199,578 | €224,968 | €210,671 | €216,178 | ▲ 2.6% |
| Non-distributable reserves130/1 | €2,500 | €2,500 | - | - | - | - |
| Reserves not available under the articles1311 | €2,500 | €2,500 | - | - | - | - |
| Distributable reserves133 | €157,046 | €197,078 | €224,968 | €210,671 | €216,178 | ▲ 2.6% |
| Amounts payable17/49 | €365,343 | €293,767 | €278,601 | €225,220 | €328,050 | ▲ 45.7% |
| Amounts payable after more than one year17 | €190,224 | €117,412 | €86,368 | €72,789 | €96,519 | ▲ 32.6% |
| Financial debts170/4 | €190,224 | €117,412 | €86,368 | €72,789 | €96,519 | ▲ 32.6% |
| Amounts payable within one year42/48 | €170,679 | €171,604 | €128,994 | €126,675 | €215,164 | ▲ 69.9% |
| Current portion of amounts payable after more than one year42 | €76,040 | €72,813 | €31,043 | €13,579 | €23,190 | ▲ 70.8% |
| Trade debts44 | €44,548 | €72,404 | €39,643 | €28,576 | €35,290 | ▲ 23.5% |
| Suppliers440/4 | €44,548 | €72,404 | €39,643 | €28,576 | €35,290 | ▲ 23.5% |
| Advances received on contracts in progress46 | €8,861 | €7,077 | €16,522 | €8,786 | €25,953 | ▲ 195% |
| Taxes, remuneration and social security45 | €6,606 | €17,280 | €26,749 | €16,044 | €16,188 | ▲ 0.9% |
| Taxes450/3 | €2,615 | €7,308 | €11,029 | €11,625 | €9,784 | ▼ 15.8% |
| Remuneration and social security454/9 | €3,991 | €9,971 | €15,720 | €4,419 | €6,404 | ▲ 44.9% |
| Other amounts payable47/48 | €34,624 | €2,031 | €15,037 | €59,689 | €114,542 | ▲ 91.9% |
| Accrued charges and deferred income492/3 | €4,440 | €4,751 | €63,238 | €25,756 | €16,368 | ▼ 36.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33,052 | €40,032 | €39,508 | €81,291 | €121,095 | ▲ 49.0% |
| + Depreciation and write-downs630 | €70,860 | €68,792 | €74,279 | €80,446 | €83,726 | ▲ 4.1% |
| Operating cash flow (approximation) | €103,913 | €108,824 | €113,787 | €161,737 | €204,821 | ▲ 26.6% |
| Investment in fixed assets (approximation) | - | -€38,101 | -€22,594 | -€87,719 | -€92,682 | ▼ 5.7% |
| Change in cash | - | €22,046 | €48,682 | -€44,111 | €84,416 | ▲ 291% |
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
22-09
State Gazette act
Appointment: Nele Seys (director)2 facts ▸
State Gazette act
Appointment: Nele Seys (director)
2 facts ▸
- General meeting, 31-08-2026
- Director appointment, Nele Seys (director)
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €121,095 ▲49%
Operating result €157,544, net result €121,095, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €200,000Eq €224,578 ▲26.1%
5 profitable years in a row build equity to €224,578.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €150,000Eq €175,093 ▲50.3%
3 profitable years in a row build equity to €175,093.
04-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €16,748 ▼76.3%
Net result drops to €16,748, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Nele Seys
CurrentDirector · since 01-09-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Koksijde · 1 establishment unit since 2016
Ground area
1,129 m²
Building footprint
431 m²
Volume, LiDAR
1,841 m³
Parcel 38018B0225/00B000, Flanders · tallest building 7.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Schrijnwerkerij GODERIS-DEVROME
since 20162.250.995.460
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38018B0225/00B000indicative | Flanders | 1,129 m² | 1 · 431 m² | 7.8 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2026, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| Nele Seys |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, scroll to zoom.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 153 EUR awarded · 153 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 153 EUR | 153 EUR |
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Of 20,017 companies in sector 43320 we hold annual accounts for 9,139. 7,200 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-02-2016
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
Contact
E-mail
info@Goderis-Devrome.be
Phone
058/512396
E-invoicing
Reachable via Peppol
Peppol ID
0208:0648830030
Also
9925:BE0648830030
Registered
31-08-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.