GOESSENS
ActiveSummary
The annual accounts of GOESSENS for fiscal year 2025 show a net loss of 78% of the equity at the start of that year. The 2025 annual accounts show equity of €151k and a net result of €-584k. Equity is shrinking by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 9% of 2045 sector peers (fiscal year 2025). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
38
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▼-27
Solvency27▼-7
Growth38=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.84 against 0.97 in 2024; short-term debt: 70.8% and cash: 3.1% of total assets), and 98.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven 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
Sector 43
higher
← 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 dateAge against the risk zone
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
1.8%
Return on assets
-6.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 2045 sector peers (2025).
NBB · sector comparisonPosition among 2045 sector peers
Solvency
better than 9%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
30 d early
2023
30 d early
2022
21 d early
2021
115 d early
2020
73 d early
2019
36 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€14.01M▲ 1.3%
2024 · €13.83M
2018: €10.43M
2019: €10.26M
2020: €8.92M
2021: €9.60M
2022: €10.22M
2023: €12.14M
2024: €13.83M
2018 → 2025
EBIT margin
-3.1%▼ 4.4pp
2024 · 1.3%
2018: 1.7%
2019: 2.2%
2020: 1.5%
2021: 2.7%
2022: -7.3%
2023: 0.7%
2024: 1.3%
2018 → 2025
Net result
€-584k
2024 · €19k
2018: €72k
2019: €136k
2020: €53k
2021: €157k
2022: €-821k
2023: €-69k
2024: €19k
2018 → 2025
Working capital
€-943k▼ 526%
2024 · €-151k
2018: €421k
2019: €444k
2020: €453k
2021: €425k
2022: €-374k
2023: €118k
2024: €-151k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€9.60M-€10.22M▲ 6.5%€12.14M▲ 18.8%€13.83M▲ 13.9%€14.01M▲ 1.3%
Equity€1.38M-€545k▼ 60.5%€740k▲ 35.9%€747k▲ 0.9%€151k▼ 79.8%
Operating result€263k-€-750k€83k€186k▲ 124%€-432k
Net result€157k-€-821k€-69k▲ 91.6%€19k€-584k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €432k after €186k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.50M
Fixed assets
€3.42M ▲ 16.1%
Current assets
€5.07M ▼ 1.8%
Equity and liabilities €8.50M
Equity
€151k ▼ 79.8%
Debt
€8.34M ▲ 13.3%
Debt's share of the balance-sheet total rises from 90.8% to 98.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€64k▼
2024 · €606k
Cash flow
€-88k▼
2024 · €439k
Current ratio
0.84▼
2024 · 0.97
Quick ratio
0.55▼
2024 · 0.71
Debt to equity
55.30▲
2024 · 9.85
ROE
-387.3%▼
2024 · 2.5%
ROA
-6.9%▼
2024 · 0.2%
Interest coverage
0.35▼
2024 · 3.25
Debt ≤ 1 year
€6.02M▲
2024 · €5.32M
Debt > 1 year
€2.31M▲
2024 · €2.04M
Income taxes
€3k▲
2024 · €2k
Staff costs
€5.66M▲
2024 · €4.71M
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 · 89 lines
Balance sheet
Code20242025
Assets
Total assets20/58€8.11M€8.50M▲
Formation expenses20€653-
Fixed assets21/28€2.95M€3.42M▲
Intangible fixed assets21€115k€148k▲
Tangible fixed assets22/27€2.69M€3.12M▲
Land and buildings22€5k€13k▲
Plant, machinery and equipment23€149k€158k▲
Furniture and vehicles24€145k€186k▲
Leasing and similar rights25€2.39M€2.76M▲
Other tangible fixed assets26€3k€0▼
Financial fixed assets28€137k€152k▲
Other financial fixed assets284/8€137k€152k▲
Amounts receivable and cash guarantees285/8€137k€152k▲
Current assets29/58€5.16M€5.07M▼
Amounts receivable after more than one year29€261k€409k▲
Other amounts receivable291€261k€409k▲
Stocks and contracts in progress3€1.42M€1.76M▲
Stocks30/36€1.23M€1.25M▲
Goods purchased for resale34€1.23M€1.25M▲
Contracts in progress37€187k€504k▲
Amounts receivable within one year40/41€3.08M€2.58M▼
Trade receivables40€2.74M€2.27M▼
Other amounts receivable41€340k€306k▼
Current investments50/53€10k€10k▲
Other investments51/53€10k€10k▲
Cash at bank and in hand54/58€361k€262k▼
Deferred charges and accrued income490/1€40k€62k▲
Equity and liabilities
Total equity and liabilities10/49€8.11M€8.50M▲
Equity10/15€747k€151k▼
Contributions10/11€657k€657k=
Capital10€657k€657k=
Issued capital100€657k€657k=
Reserves13€77k€77k=
Tax-exempt reserves132€77k€77k=
Profit (loss) carried forward14€-50k€-635k▼
Investment grants15€64k€52k▼
Amounts payable17/49€7.36M€8.34M▲
Amounts payable after more than one year17€2.04M€2.31M▲
Financial debts170/4€2.04M€2.31M▲
Subordinated loans170€15k€11k▼
Leasing and similar obligations172€1.69M€1.67M▼
Credit institutions173€332k€632k▲
Amounts payable within one year42/48€5.32M€6.02M▲
Current portion of amounts payable after more than one year42€455k€622k▲
Financial debts43€1.55M€1.55M=
Credit institutions430/8€1.55M€1.55M=
Trade debts44€2.83M€3.27M▲
Suppliers440/4€2.83M€3.27M▲
Advances received on contracts in progress46€65k€183k▲
Taxes, remuneration and social security45€415k€388k▼
Taxes450/3€16k€23k▲
Remuneration and social security454/9€399k€364k▼
Other amounts payable47/48€2k-
Accrued charges and deferred income492/3€11k€18k▲
Income statement
Code20242025
Operating income70/76A€14.10M€14.94M▲
Turnover70€13.83M€14.01M▲
Change in stocks of work in progress, finished goods and contracts in progress71€-285k€317k▲
Other operating income74€328k€315k▼
Non-recurring operating income76A€228k€299k▲
Operating charges60/66A€13.91M€15.37M▲
Goods for resale, raw materials and consumables60€7.00M€7.34M▲
Purchases600/8€7.04M€7.36M▲
Change in stocks: decrease (increase)609€-41k€-23k▲
Services and other goods61€1.68M€1.82M▲
Remuneration, social security and pensions62€4.71M€5.66M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€420k€496k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-1k-
Other operating charges640/8€61k€51k▼
Operating charges capitalised as restructuring costs649€0-
Non-recurring operating charges66A€38k€11k▼
Operating profit (loss)9901€186k€-432k▼
Financial income75/76B€26k€34k▲
Recurring financial income75€26k€34k▲
Income from financial fixed assets750€2k-
Income from current assets751€11k€21k▲
Other financial income752/9€13k€13k▼
Financial charges65/66B€191k€183k▼
Recurring financial charges65€191k€183k▼
Debt charges650€187k€182k▼
Other financial charges652/9€4k€1k▼
Profit (loss) for the period before taxes9903€21k€-582k▼
Income taxes67/77€2k€3k▲
Taxes670/3€2k€3k▲
Tax adjustments and reversals of tax provisions77-€14
Profit (loss) for the period9904€19k€-584k▼
Profit (loss) for the period to be appropriated9905€19k€-584k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-50k€-635k▼
Profit (loss) brought forward from the previous period14P€-69k€-50k▲
Social balance
Average headcount (FTE)908773.893.7▲
The notes to these accounts (82 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-09
State Gazette act
Capital & sharesCapital increase · Bank account · Capital6 facts ▸
State Gazette act
Capital & shares
Capital increase · Bank account · Capital6 facts ▸
- General meeting, 13-08-2026
- Capital increase, €1.250.000
- Bank account, Belfius, BE20 0689 6028 3556
- Capital, €1.907.000
- Statutes amendment
- Power of attorney
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €19k
Net result €19k after 2 loss-making years.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-821k
Net result drops to €-821k, the lowest in the series; recovery starts the following year.
07-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €157k ▲199%
Operating result €263k, net result €157k, both a record.
19-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 18 acts read
About the unread acts
Of the 18 Belgian State Gazette acts we know for this company, 1 has been read. The other 17 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
18 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hannut · 1 establishment unit since 1991
Ground area
1.1 ha
Building footprint
4,230 m²
Volume, LiDAR
30,913 m³
Parcel 64034A0855/00D000, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Rue des Combattants 51, 4280 Hannut
since 19912.054.068.139
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64034A0855/00D000 | Wallonia | 1.1 ha | 1 · 4,230 m² | 8.7 m · 2 fl. |
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.
Structure & network
Capital and shareholders
Capital over the years
- 02-09-2026 Capital increase of 1,250,000 EUR · to 1,907,000 EUR · “augmentation du pair comptable des actions”
Recognitions · licences · registrations
Recognised contractor
3 categoriesGOESSENS SA36792
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 4,899 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-08-1991
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43211General electrical installation work
43221Plumbing work
43320Joinery installation
47540Retail sale of electrical household appliances
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 35 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationGeneral meeting
Agenda
Rapport conseil d’administration. Approbation comptes annuels. Affectation résultat. Décharge administrateurs. Nominations, démissions. Divers. (13029) Immo 79-82, société anonyme, chaussée de Huy 26, 4280 Hannut Numéro d’entreprise 0422.663.147 Assemblée générale le 17 mai 2004, à 18 heures, au siège social. Agenda : Rapport conseil d’administration. Approbation comptes annuels. Affectation résultat. Décharge administrateurs. Renouvelle- ment de mandats. Divers. (13030) Le Chromage moderne, société anonyme, en liquidation, rue de Binche 237, 7301 Hornu Numéro d’entreprise 0401.811.216 Assemblée générale le 17 mai 2004, à 16 h 30 m, au siège social. Ordre du jour : Rapport des liquidateurs. ...