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GODEX

Active
Private limited companyfounded 20179 yrs activeTegelrijstraat 154, 3850 Nieuwerkerken (Limb.), BelgiumKBO/BCE: BE 0678.857.666

GODEX is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €1.24M and a net result of €26k. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 50% of 6146 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Signals

Two signals. The signal on the left, the evidence on the right.
neutral
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 11-07-2025, 20 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
20 d early
2023
15 d early
2022
41 d early
2021
37 d early
2020
33 d early
2019
29 d early
← before the deadline after the 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 2024, abbreviated schema

Equity
€1.24M▲ 0.2%
2023 · €1.24M
2018: €709k 2019: €963k 2020: €1.04M 2021: €1.10M 2022: €1.22M 2023: €1.24M
2018 → 2024
Net result
€26k▲ 46.5%
2023 · €18k
2018: €634k 2019: €298k 2020: €349k 2021: €270k 2022: €166k 2023: €18k
2018 → 2024
Total assets
€2.37M▼ 0.4%
2023 · €2.38M
2018: €2.03M 2019: €2.03M 2020: €2.05M 2021: €2.40M 2022: €2.37M 2023: €2.38M
2018 → 2024
Solvency
52.4%▲ 0.3pp
2023 · 52.1%
2018: 34.9% 2019: 47.4% 2020: 50.9% 2021: 45.9% 2022: 51.6% 2023: 52.1%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€1.04M-€1.10M▲ 5.8%€1.22M▲ 11.0%€1.24M▲ 1.4%€1.24M▲ 0.2%
Operating result€382k-€312k▼ 18.3%€215k▼ 31.0%€34k▼ 84.0%€37k▲ 6.4%
Net result€349k-€270k▼ 22.7%€166k▼ 38.6%€18k▼ 89.4%€26k▲ 46.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300k€400kOperating result 2020: €382k€382kNet result 2020: €349k€349kOperating result 2021: €312k€312kNet result 2021: €270k€270kOperating result 2022: €215k€215kNet result 2022: €166k€166kOperating result 2023: €34k€34kNet result 2023: €18k€18kOperating result 2024: €37k€37kNet result 2024: €26k€26k20202021202220232024
The operating result recovers in 2024; 2024 is 6% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.37M
Fixed assets €2.37M=
Current assets €3k▼ 77.8%
Equity and liabilities €2.37M
Equity €1.24M▲ 0.2%
Debt €1.13M▼ 1.0%
The debt ratio falls from 47.9% to 47.6%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
Solvency
52.4%
2023 · 52.1%
ROE
2.1%
2023 · 1.4%
ROA
1.1%
2023 · 0.7%
Debt
€1.13M
2023 · €1.14M
Debt ≤ 1 year
€40k
2023 · €254k
Debt > 1 year
€1.09M
2023 · €885k
Income taxes
€1k
2023 · €6k
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€2.38M€2.37M
Fixed assets21/28€2.37M€2.37M=
Tangible fixed assets22/27€368k€368k=
Land and buildings22€368k€368k=
Financial fixed assets28€2.00M€2.00M=
Current assets29/58€11k€3k
Amounts receivable within one year40/41€2k€197
Trade receivables40-€197
Other amounts receivable41€2k€0
Cash at bank and in hand54/58€9k€2k
Deferred charges and accrued income490/1€111€0
Equity and liabilities
Total equity and liabilities10/49€2.38M€2.37M
Equity10/15€1.24M€1.24M
Contributions10/11€120k€120k=
Reserves13€12k€12k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€12k€12k=
Profit (loss) carried forward14€1.11M€1.11M
Amounts payable17/49€1.14M€1.13M
Amounts payable after more than one year17€885k€1.09M
Financial debts170/4€214k€197k
Other amounts payable178/9€672k€891k
Amounts payable within one year42/48€254k€40k
Current portion of amounts payable after more than one year42€155k€17k
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44-€163
Suppliers440/4-€163
Taxes, remuneration and social security45€2k€8
Taxes450/3€2k€8
Other amounts payable47/48€96k€23k
Accrued charges and deferred income492/3€0-
Income statement Code20232024
Other operating charges640/8€1k€1k
Gross operating margin9900€35k€38k
Operating profit (loss)9901€34k€37k
Financial charges65/66B€11k€10k
Recurring financial charges65€11k€10k
Profit (loss) for the period before taxes9903€23k€27k
Income taxes67/77€6k€1k
Profit (loss) for the period9904€18k€26k
Profit (loss) for the period to be appropriated9905€18k€26k
Appropriation of the result
Profit (loss) to be appropriated9906€1.11M€1.13M
Profit (loss) brought forward from the previous period14P€1.09M€1.11M
Profit to be distributed694/7€0€23k
Directors or managers695€0€23k

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

2025
11-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
16-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Weakest financial yearnet €18k ▼89.4%
Net result drops to €18k, the lowest in the series; recovery starts the following year.
20-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Equity above €1MEq €1.04M ▲8.2%
3 profitable years in a row build equity to €1.04M.
02-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
05-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated 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, Nieuwerkerken (Limb.) · 1 establishment unit since 2017
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.

Tegelrijstraat 1543850 Nieuwerkerken (Limb.)
Ground area
7,733 m²
Building footprint
3,665 m²
Parcel 71045A0007/00X002, Flanders. Linked by address, not a title deed.
1 establishment unit
GODEX
Tegelrijstraat 154, 3850 Nieuwerkerken (Limb.)Holdings
since 20172.266.527.932
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71045A0007/00X002 Flanders 7,733 m² 1 · 3,665 m² -
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.

Similar companies · same sector, comparable size

Of 24,641 companies in sector 64210 we hold annual accounts for 19,693. 12,150 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded25-07-2017
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.