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Golden Trading

Active
Private limited company (pre-2019)founded 1984active for 42 yearsQuai de Longdoz 65, 4020 Liège, BelgiumKBO/BCE: BE 0426.840.382

From the official registers: KBO 39 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Golden Trading has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €148,483 and a net result of €1,137. Equity has been growing by about 9.4% per year since 2018. Its solvency ranks better than 88% of 9,829 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 02-05-1984 Normal situation
Activity
Wholesale of electrical household appliances and audio-video equipment NACE 46431and 3 others
Establishment unit
2.027.871.013 4000 LIEGE, since 15-10-1985
Financial year end
31 December
Peppol
Reachable since 23-12-2025

Board and ownership

Board
  • Habib MichelDirector

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€15,870
▼ 67.8%
Turnover
≈ €160,000
estimated
Profit
€1,137
▼ 96.5%
Equity
€148,483
▲ 0.8%
Total assets
€173,697
▼ 15.3%
Filed on 26-09-2026, 57 days after the deadlineat the National Bank
Score breakdownraises riskLast filed accounts filed 57 days late; 3 of the last 3 accounts latelowers riskFounded in 1984Liquidity: current ratio 6.24, cash €33,048Equity €148,483 (85.5% of total assets)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 65% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 100+3
equity 85.5% of total assets
Liquidity 71+1
short-term debt 14.5% · cash 19.0%
Profitability 70-19
return on assets 0.7%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.6%▲ +0.3 percentage points vs 11-2024highest value 01-2025: 0.2%▼ -0.4 percentage points vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.2%▼ -0.1 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026lowest value 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.2%▼ -0.2 percentage points vs 09-2026
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.24 (3.13 in 2024), above the usual 1.5. Short-term debt is 14.5% and cash 19% of total assets. 14.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 46, micro). It does better than 90% of them on solvency, 76% on liquidity, 53% on profitability and 44% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 57 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1984
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 6.24, cash €33,048
NBB · annual accounts
lowers risk · Equity €148,483 (85.5% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 57 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-09-2026, 57 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
57 days late
2024
61 days late
2023
126 days late
2022
127 days late
2021
59 days late
2020
60 days late
2019
69 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 80 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 September (5 of the last 5 accounts filed within 66 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 88% of companies in wholesale tradesector median 43.0% · 9,829 companies 85.5% View
  • Positive: 8 profitable years in a rowprofit 2025: €1,137 8 years View

Comparable companies

These companies have the same main activity as Golden Trading: wholesale of electrical household appliances and audio-video equipment (NACE 46431). They are comparable in size and age: total assets between €114,000 and €233,000, founded between 1976 and 1991.

CompanyTotal assetsGross margin
Golden Trading Liège€173,697€15,870
Aracuan Holsbeek€164,584€16,394
APOCALYPS SOUND AND LIGHT Mechelen€129,756€23,096
ELECTRO - HERVE Herve€135,523€30,799
Go ECO Diepenbeek€116,189€14,398
Hatona Kontich€232,924€21,603
JAMBE Leuven€113,853€32,104
Full comparison

Documents

Annual accounts at the NBB

All 39 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Golden Trading

What is the company number of Golden Trading?
The company number of Golden Trading is 0426.840.382. The VAT number is the same number with BE in front: BE 0426.840.382.
Where is Golden Trading based?
The registered office is at Quai de Longdoz 65, 4020 Liège.Company details
What does Golden Trading do?
According to the KBO register, the main activity is wholesale of electrical household appliances and audio-video equipment (NACE 46431).
What is the legal form of Golden Trading?
The legal form of Golden Trading is Private limited company (pre-2019) (BVBA).
When was Golden Trading founded?
Golden Trading was founded on 02-05-1984.
Is Golden Trading still active?
Yes, Golden Trading is an active enterprise in the KBO register.
What is the turnover of Golden Trading?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €15,870 and 69 comparable companies (NACE 464). It probably lies between €80,000 and €500,000. It is a rough estimate.Financials
Is Golden Trading profitable?
In financial year 2025, Golden Trading made a profit of €1,137.
Where can I find the annual accounts of Golden Trading?
Golden Trading filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of Golden Trading due?
Golden Trading must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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