golf diffusion

Active Private limited companyfounded 2003active for 23 yearsChaussée de Bruxelles 495, 1410 WaterlooKBO/BCE: BE 0860.761.271

golf diffusion

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Overview

Lifetime

20 annual accounts with figures on one time axis, 22 filings since 2004

Compare with

peak €496,679 (2026)

€496,679▲ 30.1%

lowest -€20,092 (2020)

€112,122▲ 43.1%

peak €716,391 (2024)

€609,200▲ 0.3%

€454,381▲ 33.0%

peak 5.5 FTE (2023)

5.5 FTE▲ 3.8%

Board2 names since 2023

1 director

Documentsfilings and deeds

20-08-202611 days before the deadline

2026abbreviated format

Gross margin from €381,843 to €496,679Result from €78,337 to €112,122Dividend €110,000Debts from €341,753 to €454,381Cash from €214,533 to €282,521

Key points

from the 2026 annual accounts

Equity

€609,200 ▲ 0.3%

golf diffusion paid out €110,000 in dividends. That is 98% of the 2026 profit.

Staff

6 employees on 31-01-2026

In 2026, 2 people joined and 2 left.

Filings

22 annual accounts since 2004

Four of the last ten came late. The 2022 accounts came latest: 26 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,386 companies had the same profile as golf diffusion has now. Each dot stands for 79 companies, two years later.

93.4%

were still trading

6.0%

stopped another way

0.5%

went bankrupt

Micro
20 years or older
solvency 30% or more
a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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%	0.9%
6	1.3%	1.5%
7	1.6%	1.8%
8	1.8%	1.8%
9	2.9%	3.1%
10	5.6%	6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,386 companies, not a prediction for golf diffusion. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Board and ownership

Director, since 24-05-2023

Board & ownership

Recent changes

09-12-2025

Registered in the Peppol Directory Reachable for e-invoices through 0208:0860761271

08-06-2023

Appointment: (director) Permanent representative: · Legal-form conversion: from private limited company (pre-2019) to private limited company · Director discharge: · General meeting of 24-05-2023 · Gazette deed

22-12-2004

First establishment GOLF DIFFUSION SPRL, Chaussée de Bruxelles 495, Waterloo

29-09-2003

Incorporation published on 06-10-2003 · Gazette deed

All 33 events

Comparable companies

same main activity, similar in size and age

Company
golf diffusion Waterloo	€1.1m	€496,679	54.9%	5.5
RUNNERS SERVICE CENTER BEVEREN Beveren-Kruibeke-Zwijndrecht	€1.2m	€443,271	82.3%	6.6
DITRAGO Zonhoven	€1.5m	€574,432	53.5%	4.9
MMRJ INVEST Awans	€1.1m	€359,707	67.9%	5.6
Cycleo Barchon La Vie à Vélo Blegny	€1.2m	€336,574	72.1%	5.2
F & D COMPANY Sint-Niklaas	€0.8m	€448,755	13.6%	5.1
DISCUS Liège	€0.9m	€391,816	64.2%	7.6

These companies have the same main activity as golf diffusion: retail sale of other sporting goods (NACE 47639). They are comparable in size and age: total assets between €808,000 and €1.5m, founded between 1995 and 2007.

Official details

Source: KBO

Status: Active since 29-09-2003Normal situation
Activity: Retail sale of other sporting goodsNACE 47639
Joint committee: 201Independent retail · annual accounts 31-01-2026
Establishment unit: 2.144.166.4891410 Waterloo, since 22-12-2004
Financial year end: 31 January
Peppol: Reachable since 09-12-2025

Company details

Annual accounts to 31-01-2026

: €496,679▲ 30.1%
: ≈ €3.4mestimated
: €112,122▲ 43.1%
: €609,200▲ 0.3%
: €1.1m▲ 17.0%
Employeeson 31-01-2026: 6=
Filing: Filed on 20-08-2026, 11 days before the end of the filing period

Financials

Insights on golf diffusion

golf diffusion files the abbreviated format. That format states no turnover. The gross margin rose from €143,676 in 2006 to €496,679 in 2026.

The balance sheet grew most from 2016 to 2018 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2026

abbreviated format, filed on 20-08-2026, 11 days before the deadline

€496,679

▲ 30.1%

€145,317

▲ 44.3%

€178,117

▲ 34.0%

€144,922

▲ 31.2%

54.9%

▼ 9.1 percentage points

2.38

▼ 0.21

The turnover shown is an estimate from the gross margin.

Turnover ≈ €3.4m. Estimated: probably between €1.8m and €5.3m.

Money flows

no detail for 2026

Balance sheet

balance sheet total €1.1m on 31-01-2026

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

54.9%

Higher than 77% of 13,234 companies in 2025.

2.38

Higher than 73% of 13,093 companies in 2025.

10.1%

Higher than 67% of 13,156 companies in 2025.

golf diffusion Middle half of the sector 80% of the sector Abbreviated accounts in retail trade (NACE 47)

Staff

€48,437

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2026, 2 people joined and 2 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2026	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	200813 months	2006
Balance sheet: assets
`20/58`	1.1m	948,831	1.0m	931,625	904,475	774,901	638,758	654,224	719,258	428,908	404,215	382,595	400,875	381,133	347,171	361,321	311,902	387,249	462,676	378,017
`21/28`	57,978	89,659	120,254	150,339	178,423	199,812	230,631	264,428	295,264	49,068	51,773	54,764	60,005	68,287	69,089	70,768	78,431	80,017	87,938	96,849
`21`	750	-	-	46	485	924	-	-	-	280	560	-	-	48	97	-	-	-	264	653
`22/27`	51,978	84,409	115,004	145,043	172,688	193,638	225,381	259,178	290,014	43,538	45,963	49,514	54,755	62,989	63,742	65,518	73,181	74,767	82,424	90,946
`23`	21,298	23,883	26,467	26,972	29,359	30,502	33,866	37,333	43,985	41,243	41,048	49,514	53,817	59,203	57,854	65,518	73,181	74,767	80,972	87,695
`24`	-	-	-	-	-	-	1,113	3,558	3,558	439	-	-	377	1,026	1,675	-	-	-	1,452	3,251
`26`	30,680	60,526	88,537	118,071	143,329	163,136	190,402	218,287	242,471	1,856	4,915	-	561	2,760	4,213	-	-	-	-	-
`28`	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250	5,250
`29/58`	1.1m	859,172	899,067	781,286	726,052	575,089	408,127	389,796	423,994	379,840	352,442	327,831	340,870	312,846	278,082	290,553	233,471	307,232	374,738	281,168
`3`	582,294	527,755	450,114	553,116	404,209	329,558	295,384	274,036	303,186	291,433	224,899	216,552	212,022	232,458	178,698	185,709	151,738	253,474	287,847	222,191
`30/36`	582,294	527,755	450,114	553,116	404,209	329,558	295,384	274,036	303,186	291,433	224,899	216,552	212,022	232,458	178,698	185,709	151,738	253,474	287,847	222,191
`40/41`	145,389	90,386	43,955	35,449	34,395	14,254	20,358	38,563	46,829	23,959	9,667	14,529	26,994	31,913	40,353	19,524	12,288	16,681	42,442	20,685
`40`	122,931	90,356	13,135	23,390	27,811	14,254	18,426	16,631	24,471	18,879	6,897	9,498	10,612	16,028	27,836	9,327	12,213	16,630	42,399	20,632
`41`	22,458	30	30,820	12,059	6,584	-	1,932	21,932	22,358	5,080	2,770	5,031	16,382	15,885	12,517	10,197	75	51	43	53
`54/58`	282,521	214,533	356,336	142,198	223,966	227,794	88,014	65,444	64,761	52,857	102,897	87,826	73,347	30,819	46,211	47,309	59,583	35,566	38,241	31,128
`490/1`	42,406	26,498	48,662	50,523	63,482	3,483	4,371	11,753	9,218	11,591	14,979	8,924	28,507	17,656	12,820	38,011	9,862	1,511	6,208	7,164
Balance sheet: equity and liabilities
`10/49`	1.1m	948,831	1.0m	931,625	904,475	774,901	638,758	654,224	719,258	428,908	404,215	382,595	400,875	381,133	347,171	361,321	311,902	387,249	462,676	378,017
`10/15`	609,200	607,078	716,391	655,305	527,873	355,936	246,280	266,372	278,907	284,329	248,830	202,425	181,323	174,202	158,068	116,785	57,680	21,639	11,790	-26,749
`10/11`	18,550	18,550	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200
`100`	-	-	-	-	-	-	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550
`101`	-	-	-	-	-	-	12,350	12,350	12,350	12,350	12,350	12,350	12,350	12,350	12,350	12,350	12,350	12,350	12,350	12,350
`13`	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	-
`130/1`	-	-	-	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	-
`1311`	-	-	-	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`133`	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`14`	588,790	586,668	708,331	647,245	519,813	347,876	238,220	258,312	270,847	276,269	240,770	194,365	173,263	166,142	150,008	108,725	49,620	13,579	3,730	-32,949
`16`	47,007	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,350	2,128	-	-	-
`160/5`	47,007	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,350	2,128	-	-	-
`164/5`	47,007	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`17/49`	454,381	341,753	302,930	276,320	376,602	418,965	392,478	387,852	440,351	144,579	155,385	180,170	219,552	206,931	189,103	243,186	252,094	365,610	450,886	404,766
`42/48`	442,468	331,406	291,219	256,522	339,726	390,648	354,127	343,329	391,055	140,819	152,611	177,399	216,783	204,166	186,342	240,427	249,267	362,856	448,307	402,249
`44`	303,114	277,191	250,599	207,724	247,549	237,710	197,428	147,056	160,660	113,311	98,509	99,672	102,575	111,461	72,472	83,051	77,550	107,326	200,191	147,365
`440/4`	303,114	277,191	250,599	207,724	247,549	237,710	197,428	147,056	160,660	113,311	98,509	99,672	102,575	111,461	72,472	83,051	77,550	107,326	200,191	147,365
`46`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,131	3,414	-	-	-	-
`45`	79,354	54,215	40,620	48,798	48,798	69,856	31,893	35,003	30,395	27,508	44,102	37,727	34,208	32,705	40,739	53,962	41,717	39,753	32,339	39,107
`450/3`	45,034	19,822	16,593	23,238	21,861	52,422	20,561	15,677	13,755	9,298	25,842	13,580	12,994	13,715	29,468	38,781	23,587	25,638	18,804	12,495
`454/9`	34,320	34,393	24,027	25,560	26,937	17,434	11,332	19,326	16,640	18,210	18,260	24,147	21,214	18,990	11,271	15,181	18,130	14,115	13,535	26,612
`47/48`	60,000	-	-	-	43,379	83,082	124,806	161,270	200,000	-	10,000	40,000	80,000	60,000	70,000	100,000	130,000	215,777	215,777	215,777
`492/3`	11,913	10,347	11,711	19,798	36,876	28,317	38,351	44,523	49,296	3,760	2,774	2,771	2,769	2,765	2,761	2,759	2,827	2,754	2,579	2,517
Income statement
`70`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	797,287
`76A`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,128	823	-	-	15,036
`9900`	496,679	381,843	359,173	438,478	459,730	298,180	161,040	164,268	175,110	169,555	211,192	168,399	148,426	167,014	195,803	202,206	191,353	144,125	160,249	143,676
`60/61`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	653,611
`62`	266,401	234,021	220,859	231,616	200,394	122,755	149,514	136,333	133,956	130,180	127,604	136,847	128,927	130,640	127,286	113,352	108,352	107,599	103,885	105,082
`630`	32,800	32,155	31,956	31,829	30,021	32,948	33,797	34,537	34,355	6,863	6,923	7,846	9,578	11,387	9,414	7,663	7,686	7,922	8,910	8,387
`631/4`	-3,927	6,535	10,791	4,081	2,065	880	-6,582	-1,552	9,179	-17,497	5,565	-137	4,065	5,472	531	-7,262	13,965	5,407	-	-
`635/8`	47,007	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,350	1,350	2,128	-	-	-
`640/8`	9,081	8,404	16,921	7,472	6,582	7,001	9,463	7,260	5,327	5,134	4,751	4,681	4,780	4,543	4,670	4,767	4,551	4,666	4,529	4,102
`9901`	145,317	100,728	78,646	163,480	220,668	134,596	-25,152	-12,310	-7,707	44,875	66,349	19,162	1,076	14,972	55,252	82,336	54,671	18,531	42,925	26,105
`75/76B`	19,759	15,843	16,701	23,848	17,872	12,492	11,268	11,076	11,043	12,983	11,802	12,299	12,547	11,934	13,134	12,065	6,946	4,823	9,043	8,160
`75`	19,759	15,843	16,701	23,848	17,872	12,492	11,268	11,076	11,043	12,983	11,802	12,299	12,547	11,934	13,134	12,065	6,946	4,823	9,043	8,160
`65/66B`	11,878	9,564	9,605	15,372	10,160	7,716	6,208	8,123	8,758	4,885	5,153	4,835	4,521	4,751	5,502	5,513	5,469	7,139	5,505	6,285
`65`	11,878	9,564	9,605	15,372	10,160	7,716	6,208	8,123	8,758	4,885	5,153	4,835	4,521	4,751	5,502	5,513	5,469	7,139	5,505	6,285
`9903`	153,198	107,007	85,742	171,956	228,380	139,372	-20,092	-9,357	-5,422	52,973	72,998	26,626	9,102	22,155	62,884	91,016	56,971	16,215	46,463	43,016
`67/77`	41,076	28,670	24,656	44,524	56,443	29,716	-	3,178	-	17,474	26,593	5,524	1,981	6,021	21,601	31,911	20,930	6,366	7,924	-
`9904`	112,122	78,337	61,086	127,432	171,937	109,656	-20,092	-12,535	-5,422	35,499	46,405	21,102	7,121	16,134	41,283	59,105	36,041	9,849	38,539	43,016
`9905`	112,122	78,337	61,086	127,432	171,937	109,656	-20,092	-12,535	-5,422	35,499	46,405	21,102	7,121	16,134	41,283	59,105	36,041	9,849	38,539	43,016
Appropriation of the result
`9906`	698,790	786,668	708,331	647,245	519,813	347,876	238,220	258,312	270,847	276,269	240,770	194,365	173,263	166,142	150,008	108,725	49,620	13,579	5,590	-32,949
`14P`	586,668	708,331	647,245	519,813	347,876	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`691/2`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,860	-
`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,860	-
`694/7`	110,000	200,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`694`	110,000	200,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
`9087`	5.5	5.3	5.3	5.5	4.8	4.2	4.1	3.6	3.6	3	3	3	3	3.1	3.3	2.8	2.7	2.8	2.6	2.6
Hours worked`1013`	8,548	8,339	7,734	8,596	7,506	5,274	6,546	5,404	5,791	4,917	5,130	5,267	5,402	5,525	5,984	5,038	5,023	5,140	4,827	4,701
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 2 older financial years (2004-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2026 at the NBB, filed on 20-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-01-2026	abbreviated format	20-08-2026	2026-00410364	PDF
31-01-2025	full format	18-07-2025	2025-00289073	PDF
31-01-2024	full format	23-09-2024	2024-00470531	PDF
31-01-2023	full format	24-08-2023	2023-00364532	PDF
31-01-2022	full format	26-09-2022	2022-20437388	PDF
31-01-2021	full format	27-08-2021	2021-56800417	PDF
31-01-2020	full format	11-09-2020	2020-52800098	PDF
31-01-2019	full format	09-09-2019	2019-63900198	PDF
31-01-2018	full format	25-07-2018	2018-37900099	PDF
31-01-2017	full format	25-08-2017	2017-48600539	PDF
31-01-2016	full format	26-08-2016	2016-47900316	PDF
31-01-2015	full format	31-08-2015	2015-54500181	PDF
31-01-2014	full format	22-08-2014	2014-45000234	PDF
31-01-2013	full format	30-08-2013	2013-52200592	PDF
31-01-2012	full format	21-09-2012	2012-57000237	PDF
31-01-2011	full format	13-07-2011	2011-28800356	PDF
31-01-2010	full format	19-07-2010	2010-31800552	PDF
31-01-2009	full format	29-07-2009	2009-50100296	PDF
31-01-2008	full format	10-10-2008	2008-78200387	PDF
31-12-2006	full format	26-07-2007	2007-48100093	PDF
31-12-2005	full format	29-06-2006	2006-36605061	PDF
31-12-2004	full format	05-07-2005	2005-42600954	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2026	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	200813 months	2006
178,117	132,883	110,602	195,309	250,689	167,544	8,645	22,227	26,648	51,738	73,272	27,008	10,654	26,359	64,666	89,999	62,357	26,453	51,835	34,492
144,922	110,492	93,042	159,261	201,958	142,604	13,705	22,002	28,933	42,362	53,328	28,948	16,699	27,521	50,697	66,768	43,727	17,771	47,449	51,403
1,120	1,560	1,871	3,744	8,633	2,129	0	3,701	280,551	4,158	3,933	2,605	1,295	10,584	7,735	0	6,101	1	-1	147
67,988	-141,803	214,138	-81,768	-3,828	139,780	22,570	683	11,904	-50,040	15,071	14,479	42,528	-15,392	-1,098	-12,274	24,017	-2,675	7,113	-
610,142	527,766	607,848	524,764	386,326	184,441	54,000	46,467	32,939	239,021	199,831	150,432	124,087	108,680	91,740	50,126	-15,796	-55,624	-73,569	-121,081
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3.3%
54.9%	64.0%	70.3%	70.3%	58.4%	45.9%	38.6%	40.7%	38.8%	66.3%	61.6%	52.9%	45.2%	45.7%	45.5%	32.3%	18.5%	5.6%	2.5%	-7.1%
2.38	2.59	3.09	3.05	2.14	1.47	1.15	1.14	1.08	2.70	2.31	1.85	1.57	1.53	1.49	1.21	0.94	0.85	0.84	0.70
1.06	1.00	1.54	0.89	0.95	0.63	0.32	0.34	0.31	0.63	0.84	0.63	0.59	0.39	0.53	0.44	0.33	0.15	0.19	0.15
0.75	0.56	0.42	0.42	0.71	1.18	1.59	1.46	1.58	0.51	0.62	0.89	1.21	1.19	1.20	2.08	4.37	16.90	38.24	-
18.4%	12.9%	8.5%	19.4%	32.6%	30.8%	-8.2%	-4.7%	-1.9%	12.5%	18.6%	10.4%	3.9%	9.3%	26.1%	50.6%	62.5%	45.5%	326.9%	-
10.1%	8.3%	6.0%	13.7%	19.0%	14.2%	-3.1%	-1.9%	-0.8%	8.3%	11.5%	5.5%	1.8%	4.2%	11.9%	16.4%	11.6%	2.5%	8.3%	11.4%
15.00	13.89	11.52	12.71	24.67	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9 days
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	82 days

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item	31-01-2026	31-01-2025	31-01-2024	31-01-2023	31-01-2022
Employees at the balance-sheet date	6	6	6	6	6
full-time	4	4	4	4	5
part-time	2	2	2	2	1
in full-time equivalents	5	5	5	5.2	5.3
	5.5	5.3	5.3	5.5	4.8
On a permanent contract	6	6	5	5	6
Joined	2	0	2	2	2
Left	2	1	2	2	2

Source: social balance sheet in the 2022 to 2026 annual accounts

Investments

fixed assets acquired

Item	31-01-2026	31-01-2025	31-01-2024	31-01-2023	31-01-2022
Tangible fixed assets	-	€1,560	€1,871	€3,744	€8,633
Intangible fixed assets	€1,120	-	-	-	-
	€32,800	€32,155	€31,956	€31,829	€30,021

Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)

Insights on golf diffusion

The operating result for 2026 is 44% higher than in 2025 and the highest since 2023. It is the second rise in a row, after the fall in 2024.

Debt's share of the balance-sheet total rises from 36.0% to 40.9%. Equity and debt are higher.

Board & ownership

Board

1 director, last change in 2023

Director

since 24-05-2023

listed in the 2026 annual accounts, filed on 20-08-2026

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

Director

Director (not named in the articles)

BoardEarliermandate already running before its first mentionend not dated

Mandates as a list

- Director, since before 31-01-2023
- Director (not named in the articles), appointed by deed of 08-06-2023, no longer listed in the 2026 annual accounts

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution: €18,550
Shares: 100
Contribution per share: €186
Equity per share: €6,092 in 2026
Source: 2026 annual accounts

Articles of association

deed of 08-06-2023 (in French)

Duration: Unlimited

Network & group

No group

golf diffusion has no parent and no holdings in its annual accounts. is the only director. golf diffusion shares no director with another company.

At the same address

Chaussée de Bruxelles 495, 1410 Waterloo · 3 other companies

VIRTUOZ registered office since 21-08-2024 · founded in 2019	total assets €361,809 (2025) 0729.953.407
APPYFLOWS registered office since 09-07-2019 · founded in 2019	total assets €22,387 (2025) 0729.953.110
Meubles Solida registered office since 01-11-1969	founded in 1969 0406.431.879

Timeline

33 events since 2003

Board

Filings

Financial

Establishments

200420062008201020122014201620182020202220242026

Deadline for the 2027 accounts: 31-08-2027

2026

20-08-2026

Annual accounts 2026 filed NBBabbreviated format · 11 days before the deadline

2025

09-12-2025

Registered in the Peppol Directory Reachable for e-invoices through 0208:0860761271

18-07-2025

Annual accounts 2025 filed PDFfull format · 44 days before the deadline

2024

23-09-2024

Annual accounts 2024 filed PDFfull format · 23 days late

2023

24-08-2023

Annual accounts 2023 filed PDFfull format · 7 days before the deadline

08-06-2023

Appointment: (director)Permanent representative: · Legal-form conversion: from private limited company (pre-2019) to private limited company · Director discharge: · General meeting of 24-05-20238 points ▸

General meeting, 24-05-2023
Legal-form conversion, from private limited company (pre-2019) to private limited company
100 shares
Director appointment, (director (not named in the articles))
Permanent representative,
Registered office clause, chaussée de Bruxelles 495
Power of attorney,
Director discharge,
The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

2022

26-09-2022

Annual accounts 2022 filed PDFfull format · 26 days late

31-01-2022

Highest result from 2006 to 2026 net €171,937 ▲56.8% The operating result of €220,668 and the net result of €171,937 are both a record.

31-01-2022

Equity above €500,000 equity €527,873 ▲48.3% After 2 profitable years in a row, equity reaches €527,873.

2021

27-08-2021

Annual accounts 2021 filed PDFfull format · 4 days before the deadline

31-01-2021

Back to profit net €109,656 The net result is €109,656, after 3 loss-making years.

2020

11-09-2020

Annual accounts 2020 filed PDFfull format · 11 days late

31-01-2020

Weakest financial year net -€20,092 The net result drops to -€20,092, the lowest from 2006 to 2026. It recovers the following year.

2019

09-09-2019

Annual accounts 2019 filed PDFfull format · 9 days late

2018

25-07-2018

Annual accounts 2018 filed PDFfull format · 37 days before the deadline

2017

25-08-2017

Annual accounts 2017 filed PDFfull format · 6 days before the deadline

2016

26-08-2016

Annual accounts 2016 filed PDFfull format · 5 days before the deadline

2015

31-08-2015

Annual accounts 2015 filed PDFfull format · on the deadline day

31-01-2015

Equity above €200,000 equity €202,425 ▲11.6% With a profit in every financial year since 2006, equity grows to €202,425.

2014

22-08-2014

Annual accounts 2014 filed PDFfull format · 9 days before the deadline

2013

30-08-2013

Annual accounts 2013 filed PDFfull format · 1 day before the deadline

2012

21-09-2012

Annual accounts 2012 filed PDFfull format · 21 days late

31-01-2012

Equity above €150,000 equity €158,068 ▲35.3% With a profit in every financial year since 2006, equity grows to €158,068.

2011

13-07-2011

Annual accounts 2011 filed PDFfull format · 49 days before the deadline

31-01-2011

Equity above €100,000 equity €116,785 ▲102% With a profit in every financial year since 2006, equity grows to €116,785.

2010

19-07-2010

Annual accounts 2010 filed PDFfull format · 43 days before the deadline

2009

29-07-2009

Annual accounts 2009 filed PDFfull format · 33 days before the deadline

2008

10-10-2008

Annual accounts 2008 filed PDFfull format · 40 days late

2007

26-07-2007

Annual accounts 2006 filed PDFfull format · 5 days before the deadline

2006

29-06-2006

Annual accounts 2005 filed PDFfull format

2005

05-07-2005

Annual accounts 2004 filed PDFfull format

2004

22-12-2004

First establishment GOLF DIFFUSION SPRL, Chaussée de Bruxelles 495, Waterloo

2003

29-09-2003

Incorporation PDFpublished on 06-10-2003

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

On 29 September 2003, golf diffusion was incorporated.¹ Total assets went from €654,224 in 2019 to €1.1m in 2026 and headcount from 3.6 to 5.5 full-time equivalents.²

Company details

Identity

Enterprise number: 0860.761.271
VAT number: BE 0860.761.271
Peppol ID: 0208:0860761271
Legal form: Private limited company
Status: Active, normal situation
Founded: 29-09-2003
Financial year: ends on 31 January
Peppol: Reachable since 09-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name: golf diffusion in French
Entity type: Legal entity
Duration: Unlimited
deed of 08-06-2023 (in French)

Activities

NACEBEL 2025

VAT activities

47639 Retail sale of other sporting goods main activity

Social security (RSZ) activities

47639 Retail sale of other sporting goods main activity

Joint committees annual accounts 31-01-2026

JC 201 Independent retail

Codes under NACEBEL 2008

VAT activities

47640 Retail trade main activity

Social security (RSZ) activities

47640 Retail trade main activity

Codes under NACEBEL 2003

VAT activities

52482 main activity

Social security (RSZ) activities

52482 main activity

Purpose: “L'achat,l'importation,l'exportation,la représentation,la diffusion,la commercialisation et la vente,en gros ou en détail,sur place ou par…”
8 activities
L'achat,l'importation,l'exportation,la représentation,la diffusion,la commercialisation et la vente,en gros ou en détail,sur place ou par correspondances,de tous articles,matériel,vêtements et accessoires de sport et de jeux,notamment de golf,la réparation de ce matériel;
La location de matériel de sport et toute prestation accessoire;
L'organisation et la diffusion de tous stages de golf ou de tous autres sports;
L'Etude,la conception et la réalisation de tous terrains de golf et équipements annexés,ainsi que de tous terrains de sport;
L'importation,l'exportation et la commercialisation de tous matériels liés à des activités sportives ou de jeux;
L'entretien,la réparation et toutes prestations connexes portant sur les articles de sport et de jeux ci-dessus.
Le tout directement ou indirectement,par voie de création de sociétés et groupements nouveaux,d'apport,de commandite,de souscription,d'achat de titres ou droits sociaux,de fusion,d'alliance,d'association en participation ou de prise ou de dation en location ou location gérance de tous biens et autres droits;
Et généralement,toutes opération industrielles,commerciales,financières,civiles,mobilières ou immobilières,pouvant se rattacher directement ou indirectement à l'un des objets visés ci-dessus ou à tous objets similaires ou connexes.
deed of 08-06-2023 (in French)

Registered office and establishments

1 establishment

Establishment	Since	Unit number
GOLF DIFFUSION SPRL registered office Chaussée de Bruxelles 495, 1410 Waterloo	22-12-2004	2.144.166.489

Buildings and parcels at the address

Ground area: 2,168 m²
Buildings: 1,588 m²
Volume, LiDAR: 11,136 m³
Tallest building: 10.2 m

Buildings to scale, each on its own parcel

registered office establishment The establishment unit on the map

4 companies at this address See who is registered here

Parcels

Cadastral parcel	Area	Buildings	Height / floors
25764O0073/00A000	2,168 m²	1 · 1,588 m²	10.2 m · 2

Overview

Lifetime

Key points

Equity

Staff

Filings

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts to 31-01-2026

Insights on golf diffusion

Financials

Annual accounts 2026

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency54.9%

Current ratio2.38

Return on assets10.1%

Staff

Staff cost per FTE€48,437

Joined and leftlevel

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on golf diffusion

Board & ownership

Board

Mandates through the years

Control

Capital

Articles of association

Network & group

No group

At the same address

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels

in euro

in euro

54.9%

2.38

10.1%

€48,437

level