Golden NN
ActiveGolden NN has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €545k and a net result of €-3k. Equity is growing by ~427.3% per year across the filed fiscal years. Its solvency ranks better than 26% of 4809 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability37▲+19
Solvency32▲+3
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.16 against 0.13 in 2023; short-term debt: 5% and cash: 0.3% of total assets), and 92.5% 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 risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
7.5%
Return on assets
0%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
27 d early
2022
26 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-3k▼ 14.0%
2023 · €-3k
2022: €-4k
2023: €-3k
2022 → 2024
Working capital
€-307k▼ 31.9%
2023 · €-233k
2022: €-723
2023: €-233k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€57k-€54k▼ 5.3%€545k▲ 908%
Operating result€-4k-€-3k▲ 34.7%€13k
Net result€-4k-€-3k▲ 30.6%€-3k▼ 14.0%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €13k after a loss of €3k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €7.31M
Fixed assets
€7.25M▲ 390%
Current assets
€57k▲ 63.7%
Equity and liabilities €7.31M
Equity
€545k▲ 908%
Debt
€6.76M▲ 363%
The debt ratio falls from 96.4% to 92.5%. Equity and debt are higher.
Key figures and ratios
Solvency
7.5%▲
2023 · 3.6%
Current ratio
0.16▲
2023 · 0.13
Quick ratio
0.16▲
2023 · 0.13
Debt / equity
12.40▼
2023 · 27.00
ROE
-0.6%▲
2023 · -5.6%
ROA
0.0%▲
2023 · -0.2%
Debt
€6.76M▲
2023 · €1.46M
Debt ≤ 1 year
€364k▲
2023 · €268k
Debt > 1 year
€6.15M▲
2023 · €1.14M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.51M€7.31M▲
Fixed assets21/28€1.48M€7.25M▲
Tangible fixed assets22/27€1.48M€7.25M▲
Assets under construction and advance payments27€1.48M€7.25M▲
Current assets29/58€35k€57k▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€21k€26k▲
Other amounts receivable41€21k€26k▲
Cash at bank and in hand54/58€2k€20k▲
Deferred charges and accrued income490/1€11k€11k▲
Equity and liabilities
Total equity and liabilities10/49€1.51M€7.31M▲
Equity10/15€54k€545k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Profit (loss) carried forward14€-7k€-11k▼
Investment grants15-€495k
Amounts payable17/49€1.46M€6.76M▲
Amounts payable after more than one year17€1.14M€6.15M▲
Financial debts170/4€1.14M€6.15M▲
Credit institutions173-€3.79M
Other loans174€1.14M€2.36M▲
Amounts payable within one year42/48€268k€364k▲
Trade debts44€268k€364k▲
Suppliers440/4€268k€364k▲
Accrued charges and deferred income492/3€52k€248k▲
Income statement
Code20232024
Operating income70/76A€925k€5.49M▲
Own construction capitalised72€925k€5.49M▲
Operating charges60/66A€928k€5.48M▲
Goods for resale, raw materials and consumables60€925k€5.48M▲
Purchases600/8€925k€5.48M▲
Services and other goods61€2k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€483€513▲
Operating profit (loss)9901€-3k€13k▲
Financial charges65/66B€382€17k▲
Recurring financial charges65€382€17k▲
Debt charges650-€16k
Other financial charges652/9€382€779▲
Profit (loss) for the period before taxes9903€-3k€-3k▼
Profit (loss) for the period9904€-3k€-3k▼
Profit (loss) for the period to be appropriated9905€-3k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-11k▼
Profit (loss) brought forward from the previous period14P€-4k€-7k▼
The notes to these accounts (28 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €500kEq €545k ▲908%
Equity rises from €54k to €545k.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Waregem · 1 establishment unit since 2021
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.
Vredestraat 538790 WaregemGround area
1.1 ha
Building footprint
581 m²
Volume, LiDAR
520 m³
Parcel 34452B1150/00A000, Flanders · tallest building 5.1 m. Linked by address, not a title deed.
1 establishment unit
Golden NN NV
since 20212.324.722.982
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34452B1150/00A000 | Flanders | 1.1 ha | 1 · 581 m² | 5.1 m |
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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 989,384 EUR awarded · 494,692 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 989,384 EUR | 494,692 EUR |
Schemes
Erfgoedpremie via oproep (voor ingrijpende werken)
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PROPINVEST
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 4,622 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-10-2021
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.