Goethals-Maes
ActiveGoethals-Maes has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €176k and a net result of €7k. Equity is shrinking by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 66% of 16359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +34 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability20▲+20
Solvency100=
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 4.5 against 5.14 in 2024), and 21.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← 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
78.1%
Return on assets
3.1%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
10 d late
2024
34 d early
2023
161 d late
2022
34 d early
2021
17 d early
2020
11 d early
2019
7 d early
← before the deadline
after the deadline →
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
11-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€176k▲ 4.1%
2024 · €169k
2018: €270k
2019: €272k
2020: €259k
2021: €251k
2022: €216k
2023: €202k
2024: €169k
2018 → 2025
Total assets
€226k▲ 9.0%
2024 · €207k
2018: €331k
2019: €310k
2020: €283k
2021: €283k
2022: €274k
2023: €226k
2024: €207k
2018 → 2025
Net result
€7k
2024 · €-10k
2018: €5k
2019: €2k
2020: €10k
2021: €12k
2022: €-6k
2023: €-14k
2024: €-10k
2018 → 2025
Working capital
€173k▲ 10.3%
2024 · €157k
2018: €265k
2019: €266k
2020: €251k
2021: €246k
2022: €215k
2023: €180k
2024: €157k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€251k-€216k▼ 14.1%€202k▼ 6.3%€169k▼ 16.2%€176k▲ 4.1%
Operating result€16k-€-7k€-15k▼ 106%€-11k▲ 25.8%€8k
Net result€12k-€-6k€-14k▼ 145%€-10k▲ 28.8%€7k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €8k after a loss of €11k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €226k
Fixed assets
€3k▼ 74.4%
Current assets
€223k▲ 14.3%
Equity and liabilities €226k
Equity
€176k▲ 4.1%
Debt
€50k▲ 30.7%
The debt ratio rises from 18.3% to 21.9%: debt grows faster than equity.
Key figures and ratios
EBITDA
€17k▲
2024 · €-1k
Cash flow
€16k▲
2024 · €-185
Solvency
78.1%▼
2024 · 81.7%
Current ratio
4.50▼
2024 · 5.14
Quick ratio
4.50▼
2024 · 5.14
Debt / equity
0.28▲
2024 · 0.22
ROE
4.0%▲
2024 · -5.7%
ROA
3.1%▲
2024 · -4.7%
Interest coverage
10.77▲
2024 · -1.07
Debt
€50k▲
2024 · €38k
Debt ≤ 1 year
€50k▲
2024 · €38k
Income taxes
€2k▲
2024 · €290
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€207k€226k▲
Fixed assets21/28€12k€3k▼
Tangible fixed assets22/27€12k€3k▼
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€11k€2k▼
Current assets29/58€195k€223k▲
Amounts receivable after more than one year29€131k€131k=
Other amounts receivable291€131k€131k=
Amounts receivable within one year40/41€60k€88k▲
Trade receivables40€41k€74k▲
Other amounts receivable41€19k€14k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€207k€226k▲
Equity10/15€169k€176k▲
Contributions10/11€19k€19k=
Reserves13€150k€157k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€148k€155k▲
Profit (loss) carried forward14€651€656▲
Amounts payable17/49€38k€50k▲
Amounts payable within one year42/48€38k€50k▲
Financial debts43€19k€23k▲
Credit institutions430/8€19k€23k▲
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€2k€6k▲
Taxes450/3€2k€6k▲
Other amounts payable47/48€16k€19k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€9k▼
Other operating charges640/8€759€817▲
Gross operating margin9900€-668€17k▲
Operating profit (loss)9901€-11k€8k▲
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€-9k€9k▲
Income taxes67/77€290€2k▲
Profit (loss) for the period9904€-10k€7k▲
Profit (loss) for the period to be appropriated9905€-10k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€8k▲
Profit (loss) brought forward from the previous period14P€381€651▲
Transfer from equity791/2€33k€0▼
Transfer to equity691/2-€7k
To other reserves6921-€7k
Profit to be distributed694/7€23k€0▼
Return on contributions (dividend)694€23k€0▼
The notes to these accounts (6 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
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
31-12
Financial
Back to profitnet €7k
Net result €7k after 3 loss-making years.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
08-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 161 days late
2023
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €12k ▲19.2%
Operating result €16k, net result €12k, both a record.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Lievegem · 1 establishment unit since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Berg 1019950 LievegemGround area
808 m²
Building footprint
135 m²
Volume, LiDAR
682 m³
Parcel 44072E1016/00R000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Berg 101, 9950 Lievegem
since 19942.066.189.872
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44072E1016/00R000 | Flanders | 808 m² | 1 · 135 m² | 7.7 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.
Similar companies · same sector, comparable size
THUISVERPLEGING KIM VAN ROYE
BE 0821.821.414
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VISCIO INFITINA
BE 0786.453.630
Fontaine-l'Evêque · Eq €176k
THUISVERPLEGING GMV
BE 0478.951.257
Bonheiden · Eq €176k
TVL
BE 0564.851.685
Brecht · Eq €177k
LOUVE SOINS
BE 0867.379.443
Fontaine-l'Evêque · Eq €176k
Of 5,964 companies in sector 86940 we hold annual accounts for 1,792. 1,395 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded11-01-1994
Fiscal year end31-12
Activities, NACEBEL
86906Human health activities
86940Nursing and midwifery
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.