GOEVAR
ActiveSummary
GOEVAR has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €487k and a net result of €39k. Equity is shrinking by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 86% of 3136 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+63
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 4.83 against 4.61 in 2024; short-term debt: 20.7% and cash: 5.2% of total assets), and 20.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
79.3%
Return on assets
6.3%
Age of the figures
12 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 10-04-2026, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
20 d early
2024
5 d late
2023
6 d early
2022
6 d early
2021
30 d early
2020
51 d early
2019
83 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€487k▲ 8.7%
2024 · €448k
Total assets
€613k▲ 7.3%
2024 · €572k
Net result
€39k
2024 · €-21k
Working capital
€486k▲ 8.5%
2024 · €448k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€11k€-100k€-41k▲ 58.7%€-18k▲ 56.9%€42k
Net result€10k€-102k€-42k▲ 59.1%€-21k▲ 49.1%€39k
Equity€613k▲ 1.6%€511k▼ 16.6%€469k▼ 8.2%€448k▼ 4.5%€487k▲ 8.7%
Total assets€761k▼ 5.0%€668k▼ 12.2%€590k▼ 11.7%€572k▼ 3.1%€613k▲ 7.3%
Debt€148k▼ 25.2%€157k▲ 6.0%€121k▼ 23.1%€124k▲ 2.5%€127k▲ 2.1%
Working capital€612k▲ 3.9%€510k▼ 16.6%€469k▼ 8.1%€448k▼ 4.5%€486k▲ 8.5%
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: €42k after a loss of €18k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €613k
Fixed assets
€1k ▲ 331%
Current assets
€612k ▲ 7.1%
Equity and liabilities €613k
Equity
€487k ▲ 8.7%
Debt
€127k ▲ 2.1%
Debt's share of the balance-sheet total falls from 21.7% to 20.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€42k▲
2024 · €-17k
Cash flow
€39k▲
2024 · €-21k
Current ratio
4.83▲
2024 · 4.61
Debt to equity
0.26▼
2024 · 0.28
ROE
8.0%▲
2024 · -4.7%
ROA
6.3%▲
2024 · -3.7%
Interest coverage
14.22▲
2024 · -4.82
Debt ≤ 1 year
€127k▲
2024 · €124k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13k | €240 | €240 | €240 | €343 | ▲ 42.9% |
| Other operating charges640/8 | - | €1k | €2k | €2k | €2k | ▲ 9.6% |
| Gross operating margin9900 | €27k | €-98k | €-39k | €-16k | €44k | ▲ 383% |
| Operating profit (loss)9901 | €11k | €-100k | €-41k | €-18k | €42k | ▲ 336% |
| Financial income75/76B | - | €194 | €399 | €93 | €150 | ▲ 60.8% |
| Recurring financial income75 | €82 | €194 | €399 | €93 | €150 | ▲ 60.8% |
| Financial charges65/66B | - | €3k | €997 | €4k | €3k | ▼ 18.3% |
| Recurring financial charges65 | €1k | €3k | €997 | €4k | €3k | ▼ 18.3% |
| Profit (loss) for the period before taxes9903 | €10k | €-102k | €-42k | €-21k | €39k | ▲ 283% |
| Profit (loss) for the period9904 | €10k | €-102k | €-42k | €-21k | €39k | ▲ 283% |
| Profit (loss) for the period to be appropriated9905 | €10k | €-102k | €-42k | €-21k | €39k | ▲ 283% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €761k | €668k | €590k | €572k | €613k | ▲ 7.3% |
| Fixed assets21/28 | €955 | €715 | €475 | €235 | €1k | ▲ 331% |
| Tangible fixed assets22/27 | €955 | €715 | €475 | €235 | €1k | ▲ 331% |
| Plant, machinery and equipment23 | - | €715 | €475 | €235 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | €0 | €0 | €1k | - |
| Current assets29/58 | €760k | €667k | €590k | €572k | €612k | ▲ 7.1% |
| Amounts receivable within one year40/41 | €576k | €591k | €573k | €570k | €578k | ▲ 1.3% |
| Trade receivables40 | - | €586k | €568k | €564k | €576k | ▲ 2.2% |
| Other amounts receivable41 | - | €4k | €5k | €7k | €2k | ▼ 68.3% |
| Cash at bank and in hand54/58 | €183k | €76k | €16k | €631 | €32k | ▲ 4,957% |
| Deferred charges and accrued income490/1 | - | €723 | €767 | €597 | €2k | ▲ 313% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €761k | €668k | €590k | €572k | €613k | ▲ 7.3% |
| Equity10/15 | €613k | €511k | €469k | €448k | €487k | ▲ 8.7% |
| Contributions10/11 | - | €390k | €390k | €390k | €390k | = |
| Outside capital11 | - | €390k | - | - | - | - |
| Other1109/19 | - | €390k | - | - | - | - |
| Reserves13 | €230k | €230k | €230k | €230k | €230k | = |
| Non-distributable reserves130/1 | - | €39k | €39k | €39k | €39k | = |
| Reserves not available under the articles1311 | - | €39k | €39k | €39k | €39k | = |
| Distributable reserves133 | - | €191k | €191k | €191k | €191k | = |
| Profit (loss) carried forward14 | €-7k | €-109k | €-151k | €-172k | €-133k | ▲ 22.6% |
| Amounts payable17/49 | €148k | €157k | €121k | €124k | €127k | ▲ 2.1% |
| Amounts payable within one year42/48 | €148k | €157k | €121k | €124k | €127k | ▲ 2.1% |
| Trade debts44 | €143k | €148k | €119k | €121k | €120k | ▼ 0.5% |
| Suppliers440/4 | - | €148k | €119k | €121k | €120k | ▼ 0.5% |
| Taxes, remuneration and social security45 | - | €1k | €1k | €2k | €2k | ▼ 15.8% |
| Taxes450/3 | - | €1k | €1k | €2k | €2k | ▼ 15.8% |
| Other amounts payable47/48 | - | €8k | €650 | €2k | €5k | ▲ 191% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10k | €-102k | €-42k | €-21k | €39k | ▲ 283% |
| + Depreciation and write-downs630 | €13k | €240 | €240 | €240 | €343 | ▲ 42.9% |
| Operating cash flow (approximation) | €23k | €-102k | €-41k | €-21k | €39k | ▲ 287% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €-1k | - |
| Change in cash | - | €-107k | €-60k | €-16k | €31k | ▲ 302% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €39k
Net result €39k after 3 loss-making years.
05-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
24-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet €-102k
Net result drops to €-102k, the lowest in the series; recovery starts the following year.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
10-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
15-02
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.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Nazareth-De Pinte · 1 establishment unit since 2008
Ground area
8,942 m²
Building footprint
180 m²
Volume, LiDAR
1,061 m³
Parcel 44048H0005/00W000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
GOEVAR
since 20082.171.316.195
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44048H0005/00W000 | Flanders | 8,942 m² | 1 · 180 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteNazareth-De Pinte2.171.316.195
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Of 903 companies in sector 01461 we hold annual accounts for 295. 250 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-06-2008
Fiscal year end30-09
Activities, NACEBEL 2025
01461Pig breeding farms
01462Crop and animal production, hunting and related service activities
Scores and ratios are computed by Checked and are not a credit decision.