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GOETHALS – LIPPENS

Active
Private limited company·Vervaardiging van machines voor de landbouw en de bosbouw· 5 yrs active
Vrombautstraat 10 ·9971 Kaprijke, Belgium
KBO/BCE: BE 0759.372.319
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age5 yrs
Staff (FTE)3.3

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of GOETHALS – LIPPENS is 1.2% (low). The 2024 annual accounts show equity of €475k and a net result of €186k. Equity is growing by ~22.1% per year across the filed fiscal years. Its solvency ranks better than 50% of 59 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

2 signals · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend
Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

3 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
1.2% Low
0%0,5%1,5%4%10%≥25%
Young company +Annual accounts: healthy financial profile

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€186k+519.6%
Working capital€422k+13.2%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 30-09-2025 with the NBB · fiscal year 2024 · verkort
€0€100k€200k€300k€400kOperating result 2021: €173k€173kNet result 2021: €125k€125kOperating result 2022: €375k€375kNet result 2022: €254k€254kOperating result 2023: €52k€52kNet result 2023: €30k€30kOperating result 2024: €295k€295kNet result 2024: €186k€186k2021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~22.1%/year over 4 fiscal years, indicative, assuming unchanged policy.
€0€200k€400k€600k€800k€1.00M2025: €576k (€500k - €653k)2026: €664k (€542k - €787k)2027: €753k (€584k - €921k)2021: €130k2022: €384k2023: €414k2024: €475k2021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 28 · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 37.7% 37.7%
better than 50% of 59 sector peers
Net result €186k €18k
better than 74% of 59 sector peers
Equity €475k €238k
better than 60% of 59 sector peers
Gross operating margin €522k €138k
better than 67% of 59 sector peers
Staff costs €186k €362k
higher than 32% of 33 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P50
2021: P16 · n=322022: P52 · n=462023: P50 · n=512024: P50 · n=592021 2024
Improving position over 2021-2024 · n=32-59
Net result P74
2021: P55 · n=322022: P81 · n=462023: P53 · n=512024: P74 · n=592021 2024
Stable position over 2021-2024 · n=32-59
Equity P60
2021: P19 · n=322022: P54 · n=462023: P55 · n=512024: P60 · n=592021 2024
Improving position over 2021-2024 · n=32-59
Gross operating margin P67
2021: P46 · n=322022: P67 · n=462023: P60 · n=512024: P67 · n=592021 2024
Improving position over 2021-2024 · n=32-59
Describes the position versus peers, not a forecast.
EBITDA
€325k
+252.8% far above sector median
Net profit
€186k
+519.6% far above sector median
Cash flow
€216k
+206.2% far above sector median
Total assets
€1.26M
+3.2% far above sector median
Equity
€475k
+14.8% far above sector median
Working capital
€422k
+13.2% far above sector median
Employees (FTE)
3
-10.8% -31% vs sector
Staff costs
€186k
-28.3% +55% vs sector
Income taxes
€89k
+862.6% far above sector median
Dividends
€125k
- far above sector median
Debt
€785k
-2.8% far above sector median
Debt ≤ 1y
€729k
+4.2% far above sector median
Debt > 1y
€56k
-48.0% far above sector median
Current ratio
1.58
+3.0% -29% vs sector
Quick ratio
1.15
+27.6% -24% vs sector
Solvency
37.7%
+11.3% -39% vs sector
Debt / equity
1.65
-15.3% +162% vs sector
ROE
39.2%
+439.8% -4% vs sector
ROA
14.8%
+500.6% +12% vs sector
Interest coverage
15.51
+121.2% -14% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€325k
Net profit€186k
Cash flow€216k
Staff costs€186k
Income taxes€89k
Dividends€125k
Total assets€1.26M
Equity€475k
Debt€785k
of which ≤ 1y€729k
of which > 1y€56k
Working capital€422k
Employees (FTE)3.3
Ratios (computed)
2024
Current ratio1.58
Quick ratio1.15
Working capital ratio33.5%
Solvency37.7%
Debt / equity1.65
Long-term debt ratio0.12
Interest coverage15.51
Gross margin-
Net margin-
ROA14.8%
ROE39.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€1.26M
Fixed assets 21/28€110k
Intangible fixed assets 21€4k
Tangible fixed assets 22/27€106k
Current assets 29/58€1.15M
Stocks & contracts in progress 3€310k
Amounts receivable within one year 40/41€636k
Cash & bank 54/58€5k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.26M
Equity 10/15€475k
Contributions / capital 10/11€5k
Reserves 13€440k
Accumulated profits (losses) 14€30k
Amounts payable 17/49€785k
Amounts payable after one year 17€56k
Amounts payable within one year 42/48€729k
Trade debts payable within one year 44€137k
Income statement
Gross operating margin 9900€522k
Operating result 9901€295k
Financial income 75€902
Financial charges 65€21k
Result before taxes 9903€275k
Income taxes 67/77€89k
Net result for the period 9904€186k
Result to be appropriated 9905€186k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
94 / 100 Excellent
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register

Establishment units

1 location
GOETHALS – LIPPENS
Vrombautstraat 10, 9971 KaprijkeVervaardiging van metalen constructiewerken of gebinten voor de bouw
since 20202.310.427.558
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,150 m²
Buildings1
Building footprint214 m²
Volume (LiDAR)1,211 m³
Tallest building9.7 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43009B0244/00E000 Flanders 1,150 m² 1 · 214 m² 9.7 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health94Profitability100Solvency71Growth78Stability94
87 / 100

Exceptional profile, strong across almost every axis.

Health 94
Profitability 100
Solvency 71
Growth 78
Stability 94

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Vervaardiging van machines en werktuigen voor de landbouw en de bosbouw28300Vervaardiging van machines voor de landbouw en de bosbouw28300Installatie van industriële machines, toestellen en werktuigen33200Installatie van industriële machines, toestellen en werktuigen33200Vervaardiging van metalen constructiewerken en delen daarvan25110Vervaardiging van metalen constructiewerken en delen daarvan25110Reparatie van machines33120Reparatie en onderhoud van machines33120Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Loodgieterswerk43221Sanitaire werkzaamheden43221Groothandel in machines, werktuigen en toebehoren voor de landbouw46610Groothandel in machines, werktuigen en toebehoren voor de landbouw46610
Primary activity highlighted.
Names & trade names
Legal nameNL GOETHALS – LIPPENS
Registered office
Vrombautstraat 10
9971 Kaprijke, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.