GOLDPHIELD
ActiveSummary
GOLDPHIELD has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39,167 and a net result of -€339. Equity is shrinking by about 7.4% per year across the filed financial years. Its solvency ranks better than 67% of 2,584 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €39,167
- Loss
- -€339
Why 94lowers riskSector: Education (NACE 85)Liquidity: current ratio 1.61, cash €15,878Size: total assets €61,367Equity €39,167 (63.8% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 85, micro): better than 65% on solvency, 55% on liquidity, 38% on profitability and 40% on growth.
The bankruptcy probability was computed on 23-10-2026 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
This company filed its last 7 accounts on average 26 days after the deadline; the sector median (NACE 85) for financial year 2024 is 16 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Back to profitnet €9,805
Financials · financial year 2025, micro format
2025 annual accounts filed late (24 days) Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00416844.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 91% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 85, Education: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 90.9% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,910 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,855 | €2,338 | €1,293 | €889 | €2,046 | €1,769 | €1,006 | €6,975 | ▲ 593% |
| Other operating charges640/8 | - | - | - | €794 | €1,885 | €1,391 | €1,464 | €1,090 | ▼ 25.5% |
| Gross operating margin9900 | €25,575 | €12,032 | €16,367 | €5,822 | -€1,824 | -€5,738 | €14,353 | €9,099 | ▼ 36.6% |
| Operating profit (loss)9901 | €23,214 | €5,197 | €14,336 | €4,139 | -€5,755 | -€8,898 | €11,883 | €1,033 | ▼ 91.3% |
| Financial income75/76B | - | - | - | €421 | €421 | €489 | €0 | - | - |
| Recurring financial income75 | €3 | €183 | €210 | €421 | €421 | €489 | €0 | - | - |
| Financial charges65/66B | - | - | - | €232 | €274 | €269 | €435 | €249 | ▼ 42.6% |
| Recurring financial charges65 | €427 | €349 | €294 | €232 | €274 | €269 | €435 | €249 | ▼ 42.6% |
| Profit (loss) for the period before taxes9903 | €22,790 | -€7,468 | €14,252 | €4,328 | -€5,608 | -€8,679 | €11,449 | €784 | ▼ 93.2% |
| Income taxes67/77 | €7,779 | €1,517 | €4,017 | €2,132 | €120 | €132 | €1,643 | €1,123 | ▼ 31.7% |
| Profit (loss) for the period9904 | €15,010 | -€8,985 | €10,234 | €2,196 | -€5,728 | -€8,810 | €9,805 | -€339 | - |
| Profit (loss) for the period to be appropriated9905 | €15,010 | -€8,985 | €10,234 | €2,196 | -€5,728 | -€8,810 | €9,805 | -€339 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €100,087 | €65,998 | €62,828 | €69,035 | €62,070 | €51,438 | €45,850 | €61,367 | ▲ 33.8% |
| Fixed assets21/28 | €18,146 | €832 | €2,207 | €1,317 | €5,978 | €4,209 | €3,203 | €25,602 | ▲ 699% |
| Tangible fixed assets22/27 | €3,846 | €832 | €2,207 | €1,317 | €5,978 | €4,209 | €3,203 | €25,602 | ▲ 699% |
| Plant, machinery and equipment23 | - | - | - | - | €1,091 | €846 | €663 | €3,491 | ▲ 427% |
| Furniture and vehicles24 | - | - | - | €1,317 | €428 | €0 | - | - | - |
| Other tangible fixed assets26 | - | - | - | - | €4,460 | €3,363 | €2,540 | €22,111 | ▲ 770% |
| Financial fixed assets28 | €14,300 | - | - | - | - | - | - | - | - |
| Current assets29/58 | €81,941 | €65,166 | €60,621 | €67,718 | €56,092 | €47,228 | €42,647 | €35,765 | ▼ 16.1% |
| Amounts receivable after more than one year29 | - | - | - | €16,000 | €16,000 | €16,000 | €0 | - | - |
| Other amounts receivable291 | - | - | - | €16,000 | €16,000 | €16,000 | €0 | - | - |
| Amounts receivable within one year40/41 | €50,963 | €26,139 | €114 | €5,679 | €21,360 | €14,520 | €26,773 | €14,520 | ▼ 45.8% |
| Trade receivables40 | - | - | - | €4,840 | €21,360 | €14,520 | €26,499 | €14,520 | ▼ 45.2% |
| Other amounts receivable41 | - | - | - | €839 | - | - | €274 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €30,978 | €38,069 | €51,548 | €45,058 | €17,722 | €15,660 | €14,815 | €15,878 | ▲ 7.2% |
| Deferred charges and accrued income490/1 | - | - | - | €980 | €1,010 | €1,048 | €1,059 | €5,367 | ▲ 407% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €100,087 | €65,998 | €62,828 | €69,035 | €62,070 | €51,438 | €45,850 | €61,367 | ▲ 33.8% |
| Equity10/15 | €65,077 | €48,651 | €58,885 | €61,081 | €55,353 | €29,701 | €39,506 | €39,167 | ▼ 0.9% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €42,451 | €42,451 | €52,685 | €54,881 | €54,881 | €38,039 | €38,039 | €38,039 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €53,021 | €53,021 | €38,039 | €38,039 | €38,039 | = |
| Profit (loss) carried forward14 | €16,426 | - | - | - | -€5,728 | -€14,538 | -€4,732 | -€5,071 | ▼ 7.2% |
| Amounts payable17/49 | €35,010 | €17,347 | €3,943 | €7,955 | €6,718 | €21,737 | €6,344 | €22,200 | ▲ 250% |
| Amounts payable within one year42/48 | €35,010 | €17,347 | €3,943 | €7,955 | €6,718 | €21,737 | €6,344 | €22,200 | ▲ 250% |
| Trade debts44 | €5,247 | €121 | €202 | €762 | €128 | €68 | €184 | €194 | ▲ 5.5% |
| Suppliers440/4 | - | - | - | €762 | €128 | €68 | €184 | €194 | ▲ 5.5% |
| Taxes, remuneration and social security45 | - | - | - | €5,914 | €3,761 | €2,221 | €3,366 | €1,579 | ▼ 53.1% |
| Taxes450/3 | - | - | - | €5,914 | €3,761 | €2,221 | €3,366 | €1,579 | ▼ 53.1% |
| Other amounts payable47/48 | - | - | - | €1,279 | €2,829 | €19,449 | €2,794 | €20,427 | ▲ 631% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,010 | -€8,985 | €10,234 | €2,196 | -€5,728 | -€8,810 | €9,805 | -€339 | - |
| + Depreciation and write-downs630 | €1,855 | €2,338 | €1,293 | €889 | €2,046 | €1,769 | €1,006 | €6,975 | ▲ 593% |
| Operating cash flow (approximation) | €16,865 | -€6,647 | €11,528 | €3,085 | -€3,681 | -€7,041 | €10,812 | €6,637 | ▼ 38.6% |
| Investment in fixed assets (approximation) | - | €14,977 | -€2,668 | €0 | -€6,708 | €0 | €0 | -€29,374 | - |
| Change in cash | - | €7,091 | €13,479 | -€6,490 | -€27,336 | -€2,062 | -€845 | €1,063 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 24-08-2026 | 2026-00416844 |
| 31-12-2024 | micro format | 26-08-2025 | 2025-00402145 |
| 31-12-2023 | micro format | 22-08-2024 | 2024-00358998 |
| 31-12-2022 | micro format | 29-08-2023 | 2023-00365123 |
| 31-12-2021 | micro format | 29-08-2022 | 2022-20332089 |
| 31-12-2020 | micro format | 25-08-2021 | 2021-53800260 |
| 31-12-2019 | micro format | 28-08-2020 | 2020-47300041 |
| 31-12-2018 | micro format | 28-08-2019 | 2019-54600254 |
| 31-12-2017 | micro format | 31-08-2018 | 2018-57400305 |
| 31-12-2016 | micro format | 11-08-2017 | 2017-42800144 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Philippe Goldberg |
|
Owners and capital
Capital and shareholders
- 02-02-2024 Converted to unavailable equity · €6,200
- 02-02-2024 Converted to unavailable equity · €1,860
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
02-02
Gazette deed
Reappointment: Philippe Goldberg (director)Legal-form conversion · Amendment of the articles · Capital conversion11 facts ▸
- General meeting, 28-12-2023
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Amendment of the articles (3 times)
- Capital conversion, “rekening onbeschikbare inbrengen” (deed in Dutch)
- Capital conversion, “statutaire onbeschikbare reserves” (deed in Dutch)
- Reserve release, “beschikbare inbreng” (deed in Dutch)
- Reserve release, “beschikbare reserves” (deed in Dutch)
- Capital, €12,400
- Capital
- Director reappointment, Philippe Goldberg (director (not named in the articles))
- Power of attorney
Show earlier events
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 23 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11001B0108/00V004 | Flanders | 1,122 m² | 1 · 218 m² | 11.9 m · 2 |
How the parcels are linked
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- GOLDPHIELD
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, kan dochtervennootschappen oprichten en administratieve zetels, bijkantoren en agentschappen vestigen in België of buitenland” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “vergadering. In geen geval mag een bestuurder meer dan één andere bestuurder vertegenwoordigen. De besluiten van het college van bestuurders…”
- Board ruleHow the board is made up, meets and takes decisions.
- “1, bestuurd door één of meer bestuurders (natuurlijke of rechtspersonen, al dan niet aandeelhouder) benoemd met of zonder beperking van…” (deed in Dutch)“Zetel van de vennootschap, brief, telefax of email met ontvangstbevestiging” (deed in Dutch)“Verhinderde bestuurder kan volmacht geven aan andere bestuurder (brief, telefax of andere wettelijke wijze), geldt voor één vergadering, mag…” (deed in Dutch)3 more provisions on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Wednesday of May at 18:00
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- One provision in the deed