The computed 12-month bankruptcy probability of GOLEA CONSTRUCT is 15.1% (high). For GOLEA CONSTRUCT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €132,179 and a net result of €32,148. Equity is growing by about 41% per year across the filed financial years. Its solvency ranks better than 68% of 33,205 sector peers (NACE 43, financial year 2023). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Signalsraises riskFigures for financial year 2023 (filed 09-10-2024)2 financial years not filed after the legal deadline; latest accounts 68 days late; 3 of the last 3 lateEx-officio strike-off in the KBOSize: total assets €215,529Two or more financial years not filedAdministrative warnings in the KBO publicationsneutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency86+35
equity 61.3% of total assets
Liquidity61+20
short-term debt 36.4% · cash 22.2%
Profitability87+3
return on assets 14.9%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
15.1%High
0%0.5%1.5%4%10%≥ 25%
About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.7% (47,550 companies, NACE 43, micro)
Last 24 months11-2024: 1.3%12-2024: 1.3%● unchanged vs 11-202401-2025: 1.2%▼ -0.1 percentage points vs 12-202402-2025: 1.2%● unchanged vs 01-202503-2025: 1.2%● unchanged vs 02-202504-2025: 1.3%▲ +0.1 percentage points vs 03-202505-2025: 1.2%▼ -0.1 percentage points vs 04-2025lowest value06-2025: 1.2%● unchanged vs 05-202507-2025: 1.2%● unchanged vs 06-202508-2025: 1.8%▲ +0.6 percentage points vs 07-202509-2025: 3.8%▲ +2.0 percentage points vs 08-202510-2025: 5.9%▲ +2.1 percentage points vs 09-202511-2025: 6.2%▲ +0.3 percentage points vs 10-202512-2025: 8.3%▲ +2.1 percentage points vs 11-202501-2026: 11.8%▲ +3.5 percentage points vs 12-202502-2026: 11.6%▼ -0.2 percentage points vs 01-202603-2026: 12.2%▲ +0.6 percentage points vs 02-202604-2026: 11.2%▼ -1.0 percentage point vs 03-202605-2026: 11.2%● unchanged vs 04-202606-2026: 10.9%▼ -0.3 percentage points vs 05-202607-2026: 10.9%● unchanged vs 06-202608-2026: 14.0%▲ +3.1 percentage points vs 07-202609-2026: 14.0%● unchanged vs 08-202610-2026: 15.1%▲ +1.1 percentage points vs 09-2026highest value
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
31-12-2024 year end31-07-2025 deadline13-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 07-10-2024, 68 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.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 73 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.