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GODTS DISTRIBUTION

Active
Private limited companyfounded 200323 yrs activeRue Raymond Noel(B.V.) 40, 5170 Profondeville, BelgiumKBO/BCE: BE 0479.691.229
Summary

GODTS DISTRIBUTION has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €140k and a net result of €111k. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 31% of 4178 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability89▲+20
Solvency45▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.15 in 2024; short-term debt: 71.5% and cash: 34.4% of total assets), and 80% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
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
highest failure risk from 2 to 8 years 23 years 0 30 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-01-2025 was due by 31-08-2025 and was filed on 30-09-2025, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2026
not confirmed
2025
30 d late
2024
3 d late
2023
29 d late
2021
30 d late
2020
30 d late
2019
5 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€111k▲ 4,305%
2024 · €3k
2019: €2klowest value 2020: €56k▲ +2496% vs 2019 2023: €23k 2024: €3k▼ -88.9% vs 2023 2025: €111k▲ +4305% vs 2024highest value
2019 → 2025
Working capital
€105k▲ 1.9%
2024 · €103k
2019: €-45klowest value 2020: €41k▲ +190% vs 2019 2021: €41k● 0.0% vs 2020 2023: €60k 2024: €103k▲ +71.2% vs 2023 2025: €105k▲ +1.9% vs 2024highest value
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202320242025Trend
Equity€95k-€95k=€146k▲ 53.3%€148k▲ 1.7%€140k▼ 5.8% 2020: €95klowest value 2021: €95k● 0.0% vs 2020lowest value 2023: €146k 2024: €148k▲ +1.7% vs 2023highest value 2025: €140k▼ -5.8% vs 2024
Operating result€63k-€29k€10k▼ 65.3%€119k▲ 1,084% 2020: €63k 2023: €29k 2024: €10k▼ -65.3% vs 2023lowest value 2025: €119k▲ +1084% vs 2024highest value
Net result€56k-€23k€3k▼ 88.9%€111k▲ 4,305% 2020: €56k 2023: €23k 2024: €3k▼ -88.9% vs 2023lowest value 2025: €111k▲ +4305% vs 2024highest value
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2020: €63k€63kNet result 2020: €56k€56kOperating result 2023: €29k€29kNet result 2023: €23k€23kOperating result 2024: €10k€10kNet result 2024: €3k€3kOperating result 2025: €119k€119kNet result 2025: €111k€111k20202021202320242025€0€50k€100kOperating result 2023: €29k€29kNet result 2023: €23k€23kOperating result 2024: €10k€10kNet result 2024: €3k€2.5kOperating result 2025: €119k€119kNet result 2025: €111k€111k202320242025
The operating result recovers in 2025; 2025 is 1,084% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €699k
Fixed assets €94k ▼ 25.6%
Current assets €605k ▼ 22.8%
Equity and liabilities €699k
Equity €140k ▼ 5.8%
Debt €559k ▼ 26.5%
Debt's share of the balance-sheet total falls from 83.7% to 80.0%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€156k▲
2024 · €58k
Cash flow
€149k▲
2024 · €51k
Current ratio
1.21▲
2024 · 1.15
Quick ratio
0.69▼
2024 · 0.78
Debt to equity
4.01▼
2024 · 5.14
ROE
79.8%▲
2024 · 1.7%
ROA
15.9%▲
2024 · 0.3%
Interest coverage
22.38▲
2024 · 7.56
Debt ≤ 1 year
€500k▼
2024 · €680k
Debt > 1 year
€44k▼
2024 · €55k
Income taxes
€764
Staff costs
€191k▲
2024 · €189k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet Code20242025
Assets
Total assets20/58€910k€699k▼
Fixed assets21/28€127k€94k▼
Tangible fixed assets22/27€127k€94k▼
Plant, machinery and equipment23€106k€91k▼
Furniture and vehicles24€6k€3k▼
Leasing and similar rights25€14k-
Other tangible fixed assets26€954€333▼
Current assets29/58€783k€605k▼
Stocks and contracts in progress3€253k€258k▲
Stocks30/36€253k€258k▲
Amounts receivable within one year40/41€97k€85k▼
Trade receivables40€95k€66k▼
Other amounts receivable41€2k€19k▲
Cash at bank and in hand54/58€420k€241k▼
Deferred charges and accrued income490/1€13k€21k▲
Equity and liabilities
Total equity and liabilities10/49€910k€699k▼
Equity10/15€148k€140k▼
Contributions10/11€40k€40k=
Reserves13€84k€64k▼
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Tax-exempt reserves132€10k€10k=
Distributable reserves133€70k€50k▼
Profit (loss) carried forward14€24k€36k▲
Amounts payable17/49€762k€559k▼
Amounts payable after more than one year17€55k€44k▼
Financial debts170/4€55k€44k▼
Amounts payable within one year42/48€680k€500k▼
Current portion of amounts payable after more than one year42€23k€11k▼
Trade debts44€616k€346k▼
Suppliers440/4€616k€346k▼
Taxes, remuneration and social security45€33k€15k▼
Taxes450/3€3k€747▼
Remuneration and social security454/9€30k€14k▼
Other amounts payable47/48€8k€128k▲
Accrued charges and deferred income492/3€26k€15k▼
Income statement Code20242025
Remuneration, social security and pensions62€189k€191k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€37k▼
Other operating charges640/8€3k€26k▲
Gross operating margin9900€250k€373k▲
Operating profit (loss)9901€10k€119k▲
Financial income75/76B€200€92▼
Recurring financial income75€200€92▼
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€3k€112k▲
Income taxes67/77-€764
Profit (loss) for the period9904€3k€111k▲
Profit (loss) for the period to be appropriated9905€3k€111k▲
Appropriation of the result
Profit (loss) to be appropriated9906€24k€136k▲
Profit (loss) brought forward from the previous period14P€22k€24k▲
Transfer from equity791/2-€20k
Profit to be distributed694/7-€120k
Return on contributions (dividend)694-€20k
Directors or managers695-€100k
Social balance
Average headcount (FTE)90876.1-

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20202021202320242025Change
Remuneration, social security and pensions62--€175k€189k€191k▲ 0.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k-€46k€48k€37k▼ 22.7%
Other operating charges640/8--€2k€3k€26k▲ 858%
Gross operating margin9900€303k-€252k€250k€373k▲ 49.0%
Operating profit (loss)9901€63k-€29k€10k€119k▲ 1,084%
Financial income75/76B--€102€200€92▼ 54.0%
Recurring financial income75--€102€200€92▼ 54.0%
Financial charges65/66B--€6k€8k€7k▼ 9.5%
Recurring financial charges65€5k-€6k€8k€7k▼ 9.5%
Profit (loss) for the period before taxes9903€58k-€23k€3k€112k▲ 4,335%
Income taxes67/77€2k-€138-€764-
Profit (loss) for the period9904€56k-€23k€3k€111k▲ 4,305%
Profit (loss) for the period to be appropriated9905€56k-€23k€3k€111k▲ 4,305%
Line20202021202320242025Change
Assets
Total assets20/58€575k€575k€856k€910k€699k▼ 23.2%
Fixed assets21/28€157k€157k€107k€127k€94k▼ 25.6%
Tangible fixed assets22/27€157k€157k€107k€127k€94k▼ 25.6%
Plant, machinery and equipment23--€71k€106k€91k▼ 14.6%
Furniture and vehicles24--€6k€6k€3k▼ 44.5%
Leasing and similar rights25--€28k€14k--
Other tangible fixed assets26--€2k€954€333▼ 65.1%
Current assets29/58€418k€418k€749k€783k€605k▼ 22.8%
Stocks and contracts in progress3€219k€219k€283k€253k€258k▲ 2.1%
Stocks30/36--€283k€253k€258k▲ 2.1%
Amounts receivable within one year40/41€20k€20k€106k€97k€85k▼ 12.0%
Trade receivables40--€16k€95k€66k▼ 30.1%
Other amounts receivable41--€89k€2k€19k▲ 773%
Cash at bank and in hand54/58€161k€161k€347k€420k€241k▼ 42.7%
Deferred charges and accrued income490/1--€13k€13k€21k▲ 55.7%
Equity and liabilities
Total equity and liabilities10/49€575k€575k€856k€910k€699k▼ 23.2%
Equity10/15€95k€95k€146k€148k€140k▼ 5.8%
Contributions10/11€40k-€40k€40k€40k=
Reserves13€34k€34k€84k€84k€64k▼ 23.8%
Non-distributable reserves130/1--€4k€4k€4k=
Reserves not available under the articles1311--€4k€4k€4k=
Tax-exempt reserves132--€10k€10k€10k=
Distributable reserves133--€70k€70k€50k▼ 28.6%
Profit (loss) carried forward14€21k€21k€22k€24k€36k▲ 46.9%
Amounts payable17/49€480k€480k€710k€762k€559k▼ 26.5%
Amounts payable after more than one year17€82k€82k€15k€55k€44k▼ 19.7%
Financial debts170/4--€15k€55k€44k▼ 19.7%
Amounts payable within one year42/48€378k€378k€689k€680k€500k▼ 26.5%
Current portion of amounts payable after more than one year42--€14k€23k€11k▼ 51.9%
Trade debts44€331k€331k€623k€616k€346k▼ 43.9%
Suppliers440/4--€623k€616k€346k▼ 43.9%
Taxes, remuneration and social security45--€29k€33k€15k▼ 53.9%
Taxes450/3--€254€3k€747▼ 73.8%
Remuneration and social security454/9--€28k€30k€14k▼ 52.0%
Other amounts payable47/48--€22k€8k€128k▲ 1,412%
Accrued charges and deferred income492/3--€7k€26k€15k▼ 41.5%
Line20202021202320242025Change
Profit (loss) for the period9904€56k-€23k€3k€111k▲ 4,305%
+ Depreciation and write-downs630€44k-€46k€48k€37k▼ 22.7%
Operating cash flow (approximation)€100k-€69k€51k€149k▲ 192%
Investment in fixed assets (approximation)-€0-€-68k€-5k▲ 92.7%
Change in cash-€0-€73k€-179k▼ 344%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 30 days late
31-01
Financial Highest result since 2019net €111k ▲4,305%
Operating result €119k, net result €111k, both a record.
2024
03-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 3 days late
2023
29-09
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 29 days late
31-01
Financial Equity above €100kEq €146k ▲53.3%
Equity rises from €95k to €146k.
2021
30-09
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2020
30-09
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2019
26-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2018
29-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2017
22-09
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 22 days late
2016
23-11
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 84 days late
2015
24-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Profondeville · 1 establishment unit since 2003
seat establishment The establishment unit on the map
Ground area
3,331 m²
Building footprint
410 m²
Volume, LiDAR
1,870 m³
Parcel 92014C0479/00E003, Wallonia · tallest building 5.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PROXY DELHAIZE
Rue Raymond Noel(B.V.) 40, 5170 ProfondevilleNACE 52113
since 20032.126.881.584
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92014C0479/00E003 Wallonia 3,331 m² 1 · 410 m² 5.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site · 1 with a smiley
Profondeville2.126.881.584
1 permission · smiley 2027FR00446 valid until 04-11-2027
Toelating · Detailhandel · since 01-01-2006

Similar companies · same sector, comparable size

Of 10,510 companies in sector 47110 we hold annual accounts for 5,851. 4,492 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
Founded03-03-2003
Fiscal year end31-01
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating

Scores and ratios are computed by Checked and are not a credit decision.