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GOING EAST

Active
Private limited companyfounded 201511 yrs activeRidder van Parijsstraat 18, 2170 Antwerpen, BelgiumKBO/BCE: BE 0627.624.939

GOING EAST has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €102k and a net result of €2k. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 21% of 9450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
60 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability48▼-12
Solvency44▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.89 against 1.32 in 2024; short-term debt: 18.2% and cash: 3.8% of total assets), and 81.4% 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+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 11 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 9450 sector peers (2025).
NBB · sector comparison
Position among 9450 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
on the day
2024
2 d early
2023
279 d late
2022
12 d early
2021
5 d early
2020
54 d late
2019
42 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close23-09-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€102k▲ 1.6%
2024 · €101k
2019: €33k 2020: €45k 2021: €59k 2022: €85k 2023: €90k 2024: €101k
2019 → 2025
Total assets
€552k▲ 15.2%
2024 · €479k
2019: €526k 2020: €471k 2021: €435k 2022: €410k 2023: €420k 2024: €479k
2019 → 2025
Net result
€2k▼ 85.8%
2024 · €11k
2019: €41k 2020: €36k 2021: €15k 2022: €25k 2023: €25k 2024: €11k
2019 → 2025
Working capital
€-11k
2024 · €45k
2019: €49k 2020: €57k 2021: €45k 2022: €72k 2023: €95k 2024: €45k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€59k-€85k▲ 42.9%€90k▲ 5.6%€101k▲ 12.5%€102k▲ 1.6%
Operating result€26k-€61k▲ 141%€36k▼ 41.0%€30k▼ 16.0%€22k▼ 26.5%
Net result€15k-€25k▲ 73.2%€25k▼ 2.6%€11k▼ 54.8%€2k▼ 85.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2021: €26k€26kNet result 2021: €15k€15kOperating result 2022: €61k€61kNet result 2022: €25k€25kOperating result 2023: €36k€36kNet result 2023: €25k€25kOperating result 2024: €30k€30kNet result 2024: €11k€11kOperating result 2025: €22k€22kNet result 2025: €2k€2k20212022202320242025
The operating result has fallen three years in a row; 2025 is 26% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €552k
Fixed assets €463k▲ 59.5%
Current assets €89k▼ 52.8%
Equity and liabilities €552k
Equity €102k▲ 1.6%
Debt €449k▲ 18.9%
The debt ratio rises from 79.0% to 81.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€57k
2024 · €64k
Cash flow
€36k
2024 · €45k
Solvency
18.6%
2024 · 21.0%
Current ratio
0.89
2024 · 1.32
Quick ratio
0.84
2024 · 1.13
Debt / equity
4.39
2024 · 3.75
ROE
1.6%
2024 · 11.1%
ROA
0.3%
2024 · 2.3%
Interest coverage
3.42
2024 · 4.63
Debt
€449k
2024 · €378k
Debt ≤ 1 year
€100k
2024 · €144k
Debt > 1 year
€349k
2024 · €226k
Income taxes
€4k
2024 · €6k
Staff costs
€97k
2024 · €63k
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€479k€552k
Fixed assets21/28€290k€463k
Tangible fixed assets22/27€290k€462k
Land and buildings22€276k€442k
Plant, machinery and equipment23€1k€1k
Furniture and vehicles24€7k€16k
Other tangible fixed assets26€6k€3k
Financial fixed assets28€390€390=
Current assets29/58€189k€89k
Stocks and contracts in progress3€27k€5k
Contracts in progress37€27k€5k
Amounts receivable within one year40/41€134k€52k
Trade receivables40€133k€50k
Other amounts receivable41€1k€2k
Cash at bank and in hand54/58€2€21k
Deferred charges and accrued income490/1€28k€12k
Equity and liabilities
Total equity and liabilities10/49€479k€552k
Equity10/15€101k€102k
Contributions10/11€6k€6k=
Reserves13€94k€94k=
Distributable reserves133€94k€94k=
Profit (loss) carried forward14€400€2k
Amounts payable17/49€378k€449k
Amounts payable after more than one year17€226k€349k
Financial debts170/4€226k€347k
Advances received on contracts in progress176-€0
Other amounts payable178/9-€2k
Amounts payable within one year42/48€144k€100k
Current portion of amounts payable after more than one year42€21k€22k
Financial debts43€17k€4k
Credit institutions430/8€17k€4k
Trade debts44€41k€37k
Suppliers440/4€41k€37k
Advances received on contracts in progress46€20k-
Taxes, remuneration and social security45€29k€31k
Taxes450/3€16k€21k
Remuneration and social security454/9€13k€11k
Other amounts payable47/48€16k€6k
Accrued charges and deferred income492/3€8k€0
Income statement Code20242025
Remuneration, social security and pensions62€63k€97k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€34k
Other operating charges640/8€5k€7k
Non-recurring operating charges66A-€1k
Gross operating margin9900€133k€161k
Operating profit (loss)9901€30k€22k
Financial income75/76B€145€3
Recurring financial income75€145€3
Financial charges65/66B€14k€17k
Recurring financial charges65€14k€17k
Profit (loss) for the period before taxes9903€17k€6k
Income taxes67/77€6k€4k
Profit (loss) for the period9904€11k€2k
Profit (loss) for the period to be appropriated9905€11k€2k
Appropriation of the result
Profit (loss) to be appropriated9906€12k€2k
Profit (loss) brought forward from the previous period14P€400€400=
Transfer to equity691/2€11k-
To other reserves6921€11k-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
31-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial Weakest financial yearnet €2k ▼85.8%
Net result drops to €2k, the lowest in the series.
2024
29-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
05-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 279 days late
31-03
Financial Equity above €100kEq €101k ▲12.5%
6 profitable years in a row build equity to €101k.
2022
19-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
26-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
24-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 54 days late
2019
12-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 42 days late
2018
31-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
31-10
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Antwerpen · 1 establishment unit since 2015
establishment The establishment unit on the map
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.

Ridder van Parijsstraat 182170 Antwerpen
Ground area
877 m²
Building footprint
333 m²
Volume, LiDAR
3,111 m³
Parcel 11422C0409/00D002, Flanders · tallest building 14.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GOING EAST
Ridder van Parijsstraat 18, 2170 AntwerpenManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
since 20152.241.800.652
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11422C0409/00D002 Flanders 877 m² 1 · 333 m² 14.6 m · 3 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

Of 3,920 companies in sector 71112 we hold annual accounts for 1,295. 1,057 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded26-03-2015
Fiscal year end31-03
Activities, NACEBEL
71111Activities of building architects
71112Activities of interior architects
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.