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GOETHALSJ

Active
Private limited companyfounded 1999active for 27 yearsKleitkalseide 193, 9990 Maldegem, BelgiumKBO/BCE: BE 0465.909.410
Summary

GOETHALSJ has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €106,353 and a net result of €31,298. Equity is growing by about 24% per year across the filed financial years. Its solvency ranks better than 68% of 16,547 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Full-service restaurants
NACE 56111Limited-service restaurants, excluding mobile food services NACE 56112
6th oldest company in Maldegem, Accommodation and food service sector1 site
Size
€209,099total assets 2025
Equity
€106,353
Profit
€31,298
Turnover not published (micro format)
Financial health
87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Accounts filed 29 days late1 of 4 deeds read
Why 87raises riskSector: Food and beverage service activities (NACE 56)Size: total assets €209,099lowers riskFounded in 1999Liquidity: current ratio 1.80, cash €34,103Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 66% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Strong
Solvency 76+11
equity 50.9% of total assets
Liquidity 46-16
short-term debt 49.1% · cash 16.3%
Profitability 87+10
return on assets 15.0%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,759 companies, NACE 56, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024lowest value 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.5%▲ +0.2 percentage points vs 01-2025 03-2025: 0.3%▼ -0.2 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.4%▲ +0.1 percentage points vs 12-2025 02-2026: 0.6%▲ +0.2 percentage points vs 01-2026 03-2026: 0.7%▲ +0.1 percentage points vs 02-2026highest value 04-2026: 0.3%▼ -0.4 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.8, compared with 1.42 in 2024, above the usual 1.5; short-term debt: 49.1% and cash: 16.3% of total assets), and 49.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 56, micro): better than 68% on solvency, 41% on liquidity, 76% on profitability and 78% on growth.

The bankruptcy probability was computed on 17-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Founded in 1999
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 1.80, cash €34,103
NBB · annual accounts
raises risk · Size: total assets €209,099
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 01-03-2026, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
29 days late
2024
28 days late
2023
21 days late
2021
8 days late
2020
on the day
2019
37 days early
2017
48 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average on the deadline day; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 21 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end18-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Appointment: Dymfna Van De Genachte (director)Gazette deed
  3. Equity above €100,000equity €106,353 ▲41.7%

Key points

  • Positive: 6th oldest company in Maldegem, Accommodation and food service sectorin the Checked rankings No. 6 View
  • Positive: 6 profitable years in a rowprofit 2025: €31,298 6 years View
  • One director decidessole director in office 1 View

By topic

Financials

Financial year
2025
Total assets
€209,099
Profit
€31,298
Solvency
50.9%
Total assets▲ 12.3%
Net result
20192025
Go to Financials

Timeline

Events
27
Since
2001
Next accounts
by 31-01-2027
  1. 28-02-2025Annual accounts filed
  2. 21-02-2024Annual accounts filed
  3. 08-02-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
19-04-1999
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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