Skip to content

Goethals - Boute en Co

Active
Public limited companyfounded 1986active for 40 yearsBlakstraat 20, 9900 Eeklo, BelgiumKBO/BCE: BE 0428.785.629
Summary

Goethals - Boute en Co has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €543,926 and a net result of €17,655. Equity grew by about 1.2% per year on average since 2019. In 2025 it fell by 25.1%. Its solvency ranks better than 95% of 34,972 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 10-04-1986 Normal situation
Activity
Plastering work NACE 43310
Establishment unit
2.060.330.478 9900 Eeklo, since 02-05-1991
Financial year end
31 August
Peppol
Reachable since 19-03-2025

Board and ownership

Board
Shareholders
  • FAAP· score 9531-03-2025 annual accounts of FAAP

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 31-08-2025
Gross margin
€60,406
▼ 28.2%
Turnover
≈ €220,000
estimated
Profit
€17,655
▼ 35.1%
Equity
€543,926
▼ 25.1%
Total assets
€576,696
▼ 26.6%
Staff
≈ 0.1 FTE
estimated
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 8.25, cash €194,947, halvedEquity €543,926 (94.3% of total assets)Founded in 1986Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 60% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 94.3% of total assets
Liquidity 92-8
short-term debt 5.1% · cash 33.8%
Profitability 73=
return on assets 3.1%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,685 companies, NACE 43, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025highest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged 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 08-2025lowest value 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: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged 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
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 8.25 (10.52 in 2024), above the usual 1.5. Short-term debt is 5.1% and cash 33.8% of total assets. 5.7% of the assets are financed with debt and provisions.
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 43, micro). It does better than 90% of them on solvency, 89% on liquidity, 43% on profitability and 16% on growth.

The bankruptcy probability was computed on 04-11-2026 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 31-08-2025.

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).

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 8.25, cash €194,947, halved
NBB · annual accounts
lowers risk · Equity €543,926 (94.3% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 1986
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 28-01-2026, 62 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
62 days early
2024
19 days early
2023
55 days early
2022
24 days early
2021
29 days early
2020
30 days early
2019
63 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 40 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-08-2026 is due by 31-03-2027. Nothing is late today. The company usually files around 2 March (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
31-08-2026 year end05-11-2026 today31-03-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 95% of companies in specialised constructionsector median 46.7% · 34,972 companies 94.3% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 5 profitable years in a rowprofit 2025: €17,655 5 years View
  • Caution: Equity fell in 2025from €726,271 to €543,926 ▼ 25.1% View

Recent changes

  1. · Gazette deed Resignation: BV FAAP (director)Appointment: FILIP GOETHALS (director) · Director discharge: BV FAAP
  2. · Gazette deed Resignation: ANTONIUS GOETHALS (director)Director discharge: ANTONIUS GOETHALS
  3. · Gazette deed Reappointments: Stefan De Jaeger, Filip Goethals and Goethals Antonius
All 17 events

Comparable companies

These companies have the same main activity as Goethals - Boute en Co: plastering work (NACE 43310). They are comparable in size and age: total assets between €404,000 and €560,000, founded between 1976 and 2000.

CompanyTotal assetsGross margin
Goethals - Boute en Co Eeklo€576,696€60,406
PLAFONNEERWERKEN VERCAUTEREN ERIK Beveren-Kruibeke-Zwijndrecht€404,337€40,195
ZONEN DE SCHRYVER Haaltert€453,663€103,794
ALCASTUC Assenede€515,897€44,883
MONTEIRO PINTO CONSTRUCTIONS Kortenaken€483,708€60,012
All-Isol Ingelmunster€559,631€71,568
MICHAELI NIK Burg-Reuland€423,252€96,733
Full comparison

Key facts about Goethals - Boute en Co

What is the company number of Goethals - Boute en Co?
The company number of Goethals - Boute en Co is 0428.785.629. The VAT number is the same number with BE in front: BE 0428.785.629.
Where is Goethals - Boute en Co based?
The registered office is at Blakstraat 20, 9900 Eeklo.Company details
What does Goethals - Boute en Co do?
According to the KBO register, the main activity is plastering work (NACE 43310).
What is the legal form of Goethals - Boute en Co?
Goethals - Boute en Co is a public limited company (NV).
When was Goethals - Boute en Co founded?
Goethals - Boute en Co was founded on 10-04-1986.
Is Goethals - Boute en Co still active?
Yes, Goethals - Boute en Co is an active enterprise in the KBO register.
How many employees does Goethals - Boute en Co have?
Goethals - Boute en Co had an average of 1 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of Goethals - Boute en Co?
The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €60,406 and 88 comparable companies (NACE 433). It probably lies between €150,000 and €390,000.
Is Goethals - Boute en Co profitable?
In financial year 2025, Goethals - Boute en Co made a profit of €17,655.
Where can I find the annual accounts of Goethals - Boute en Co?
Goethals - Boute en Co filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Goethals - Boute en Co due?
Goethals - Boute en Co must file the annual accounts for financial year 2026 by 31-03-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

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