Skip to content

GOEDS

Active
Private limited companyfounded 2018active for 8 yearsMajoor Van Lierdelaan(Ove) 7, 9500 Geraardsbergen, BelgiumKBO/BCE: BE 0704.829.219
Summary

GOEDS has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22,569 and a net result of -€6,555. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 35% of 22,260 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Retail trade
NACE 47610
1 site
Size
€141,078total assets 2025
Staff
12.7 FTE
Equity
€22,569
Loss
-€6,555
Turnover not published (micro format)
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Accounts 59 days early0 of 2 deeds read
Why 69raises riskLoss of €6,555 (financial year 2025)Sector: Retail trade (NACE 47)Equity €22,569 (16.0% of total assets)lowers riskLiquidity: current ratio 2.49, cash €44,240Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 44% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Strong
Solvency 41-6
equity 16.0% of total assets
Liquidity 78+5
short-term debt 27.9% · cash 31.4%
Profitability 63-21
return on assets -4.6%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,221 companies, NACE 47, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024lowest value 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.6%▲ +0.1 percentage points vs 03-2026 05-2026: 0.5%▼ -0.1 percentage points vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.7%▲ +0.2 percentage points vs 06-2026highest value 08-2026: 0.7%● unchanged vs 07-2026highest value 09-2026: 0.7%● unchanged vs 08-2026highest value 10-2026: 0.7%● unchanged vs 09-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity ample (current ratio 2.49, compared with 3.21 in 2024, above the usual 1.5; short-term debt: 27.9% and cash: 31.4% of total assets), but 84% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 32% on solvency, 83% on liquidity, 44% on profitability and 19% on growth.

The bankruptcy probability was computed on 17-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.49, cash €44,240
NBB · annual accounts
raises risk · Loss of €6,555 (financial year 2025)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Equity €22,569 (16.0% of total assets)
NBB · annual accounts
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 02-06-2026, 59 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
59 days early
2024
23 days early
2023
34 days early
2022
39 days early
2021
40 days early
2020
64 days early
2019
87 days late
← 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 25 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
18-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Back to profitnet €15,601

Key points

  • Positive: Staff rose in 2025from 6.5 FTE to 12.7 FTE ▲ 95.4% View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
  • Among the largest 18% on gross marginsector median €33,909 · 22,196 companies €125,870 View

By topic

Financials

Financial year
2025
Total assets
€141,078
Loss
-€6,555
Solvency
16.0%
Total assets▲ 7.2%
Net result
20192025
Go to Financials

Timeline

Events
13
Since
2020
Next accounts
by 31-07-2027
  1. 27-06-2024Annual accounts filed
  2. 31-12-2023Liquidity more than 5 times
  3. 22-06-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail tradeNACE 47610
Founded
20-09-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.