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GODWAY

Active
Private limited companyfounded 20215 yrs activePatriottenstraat 98, 1000 Brussel, BelgiumKBO/BCE: BE 0761.385.959
Summary

The computed 12-month bankruptcy probability of GODWAY is 6.9% (elevated). The 2024 annual accounts show equity of €90,336 and a net result of €16,183. Equity is growing by ~38.3% per year across the filed fiscal years. Its solvency ranks better than 37% of 6718 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Risk analysisWatch ReportCompare
GODWAYActiveChecked score 40/100
Risk analysis ReportCompare

Overview

What they do
Freight transport by road
NACE 49410
1 site
How big
€366,431total assets 2024
Equity
€90,336
Profit
€16,183
Turnover not published (abridged schema)
Financially healthy?
40 Weak Checked score 2024
Bankruptcy chance 12 m
6.9%
Who decides
Accounts 63 d overdue0 of 2 deeds read
Why 40- Higher-failure-rate sector- Limited track record- Higher-failure-rate region- Ex-officio strike-off- Annual accounts: weaker financial profile- Administrative warnings in the KBO publicationsFiled after the deadlineShow the evidence

Checked score

Score 2024
40 / 100
Weak
Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▼-15
Solvency50▼-17
Growth78=
Track record86
Bankruptcy probability, 12 months
6.9% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.18 against 1.23 in 2023; short-term debt: 75.3% and cash: 2.7% of total assets), and 75.3% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
+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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
24.7%
Return on assets
4.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 4 filings
Deviation from the deadline
2025
not confirmed
2024
60 d late
2023
18 d late
2022
91 d late
2021
32 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 34 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
UBO non-compliance
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. UBO non-complianceevent 11-03-2024

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
  • Total assets 20244 fiscal years filed €366,431 View
  • Active since 2021founded 08-01-2021 5 years View

By topic

Financials

Fiscal year
2024
Total assets
€366,431
Profit
€16,183
Solvency
24.7%
Total assets▲ 106%
Net result
20212024
Go to Financials

Timeline

Events
6
Since
2022
  1. 29-09-2025Annual accounts filed
  2. 18-08-2024Annual accounts filed
  3. 22-03-2024UBO non-compliance
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Freight transport by roadNACE 49410
Founded
08-01-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

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