Liquidity
22.98 was 15.71 in 2024
Short-term debts fell from €16,298 to €11,582.
GOETHALS
Lifetime
20 annual accounts with figures on one time axis, 41 filings since 1984peak €16,744 (2021)
-€4,013▼ €4,402
lowest -€36,373 (2010)
€10,241▼ 49.0%
peak €267,848 (2025)
€267,848▲ 4.0%
€11,582▼ 28.9%
Board1 name since 2021
1 directorRoland GOETHALS
Documentsfilings and deeds
01-07-202630 days before the deadline
2025micro format
Gross margin from €388 to -€4,013Result from €20,062 to €10,241Debts from €16,298 to €11,582Cash from €10,056 to €14,187
Key points
from the 2025 annual accountsFilings
41 annual accounts since 1984
Two of the last ten came late. The 2024 accounts came latest: 11 days after the end of the period.
Position in the sector
95.9%
Higher solvency than 95% of companies in wholesale trade. Sector median 40.4% · 13,805 companies.
Turnover not published (micro format)
Checked score
95
Excellent
Financially stronger than 57% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025lowest value
03-2025: < 0.1%● unchanged vs 02-2025lowest value
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: 0.1%▲ +0.1 percentage points vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.2%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 0.1%▼ -0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Wholesale trade (NACE 46)
lowers risk
Founded in 1984
Equity €267,848 (95.9% of total assets)
Figures for financial year 2025 (filed on 01-07-2026)
Calculation
The band follows from the bankruptcy probability. 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 46, micro). It does better than 90% of them on solvency, 62% on liquidity, 23% on profitability and 53% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 17,041 companies had the same profile as GOETHALS has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of GOETHALS itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for GOETHALS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 22.98 (15.71 in 2024), above the usual 1.5. Short-term debt is 4.1% and cash 5.1% of total assets. 4.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 days early
2024
11 days late
2023
on the day
2022
4 days late
2021
18 days early
2020
33 days early
2019
36 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 15 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 1 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0425492775
Reappointment: Roland GOETHALS (director)
General meeting of 19-12-2023 · Gazette deed
First establishment
Lampernisse 3, Damme
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GOETHALS Damme | €279,430 | -€4,013 | 95.9% | - |
| ELECTRO PARMENTIER Wielsbeke | €258,448 | -€6,587 | 97.9% | - |
| Deleco Schilde | €305,222 | -€6,948 | 96.8% | - |
| MAES ELECTRONICS Sint-Niklaas | €231,381 | -€12,326 | 84.5% | - |
| B E L U X Baelen | €374,135 | -€5,543 | -22.0% | - |
| DELVA LIGHTING DESIGN Waregem | €202,542 | -€5,476 | 61.6% | - |
| Venture Brasschaat | €224,351 | -€48,921 | 75.1% | - |
These companies have the same main activity as GOETHALS: wholesale of electrical household appliances and audio-video equipment (NACE 46431). They are comparable in size and age: total assets between €203,000 and €374,000, founded between 1981 and 1987.
Official details
Source: KBO- Status
- Active since 02-02-1984Normal situation
- Activity
- Wholesale of electrical household appliances and audio-video equipmentNACE 46431and 2 others
- Establishment unit
- 2.024.129.2868340 Damme, since 08-03-1984
- Financial year end
- 31 December
- Peppol
- Reachable since 05-12-2025
Annual accounts 2025
- €279,430▲ 2.0%
- Filing
- Filed on 01-07-2026, 30 days before the end of the filing period
Insights on GOETHALS
GOETHALS files the micro format. That format states no turnover. The gross margin fell from €389 in 2006 to -€4,013 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GOETHALS
- What is the company number of GOETHALS?
- The company number of GOETHALS is 0425.492.775. The VAT number is the same number with BE in front: BE 0425.492.775.
- Where is GOETHALS based?
- The registered office is at Lampernisse 3, 8340 Damme.Company details
- What does GOETHALS do?
- According to the KBO register, the main activity is wholesale of electrical household appliances and audio-video equipment (NACE 46431).
- What is the legal form of GOETHALS?
- GOETHALS is a private limited company (BV).
- When was GOETHALS founded?
- GOETHALS was founded on 02-02-1984.
- Is GOETHALS still active?
- Yes, GOETHALS is an active enterprise in the KBO register.
- What is the turnover of GOETHALS?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is GOETHALS profitable?
- In financial year 2025, GOETHALS made a profit of €10,241.
- Where can I find the annual accounts of GOETHALS?
- GOETHALS filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GOETHALS due?
- GOETHALS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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