GOLSA
Dissolution or liquidationSummary
The KBO register records for GOLSA the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €34,970 and a net result of -€84.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 31-08-2021, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
31 d late
2019
153 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 92 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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.
KBO publicationsPublications
Late accounts filing
History
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Financials · fiscal year 2020, micro schema
Equity
€34,970▼ 0.2%
2019 · €35,054
Total assets
€85,929▼ 3.4%
2019 · €88,914
Net result
-€84▲ 98.8%
2019 · -€6,822
Working capital
€34,470▼ 0.2%
2019 · €34,554
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result-€7,531--€6,423▲ 14.7%-€3,555▲ 44.7%
Net result-€4,330--€6,822▼ 57.6%-€84▲ 98.8%
Equity€41,876-€35,054▼ 16.3%€34,970▼ 0.2%
Total assets€95,741-€88,914▼ 7.1%€85,929▼ 3.4%
Debt€53,865-€53,860=€50,959▼ 5.4%
Working capital€41,376-€34,554▼ 16.5%€34,470▼ 0.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3,555 in 2020 against €6,423 in 2019; the loss shrinks.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €85,929
Fixed assets
€33,000 =
Current assets
€52,929 ▼ 5.3%
Equity and liabilities €85,929
Equity
€34,970 ▼ 0.2%
Debt
€50,959 ▼ 5.4%
Debt's share of the balance-sheet total falls from 60.6% to 59.3%. Equity and debt are lower.
Key figures and ratios
Current ratio
2.87▲
2019 · 2.62
ROE
-0.2%▲
2019 · -19.5%
ROA
-0.1%▲
2019 · -7.7%
Debt ≤ 1 year
€18,459▼
2019 · €21,360
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Gross operating margin9900 | -€7,531 | -€6,423 | -€3,255 | ▲ 49.3% |
| Operating profit (loss)9901 | -€7,531 | -€6,423 | -€3,555 | ▲ 44.7% |
| Recurring financial income75 | €3,305 | - | €3,519 | - |
| Recurring financial charges65 | €42 | €400 | €48 | ▼ 87.9% |
| Profit (loss) for the period before taxes9903 | -€4,268 | -€6,822 | -€84 | ▲ 98.8% |
| Income taxes67/77 | €62 | - | - | - |
| Profit (loss) for the period9904 | -€4,330 | -€6,822 | -€84 | ▲ 98.8% |
| Profit (loss) for the period to be appropriated9905 | -€4,330 | -€6,822 | -€84 | ▲ 98.8% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €95,741 | €88,914 | €85,929 | ▼ 3.4% |
| Fixed assets21/28 | €33,000 | €33,000 | €33,000 | = |
| Financial fixed assets28 | €33,000 | €33,000 | €33,000 | = |
| Current assets29/58 | €62,741 | €55,914 | €52,929 | ▼ 5.3% |
| Amounts receivable within one year40/41 | €62,741 | €55,797 | €52,822 | ▼ 5.3% |
| Cash at bank and in hand54/58 | - | €117 | €107 | ▼ 8.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €95,741 | €88,914 | €85,929 | ▼ 3.4% |
| Equity10/15 | €41,876 | €35,054 | €34,970 | ▼ 0.2% |
| Contributions10/11 | €45,000 | €45,000 | €45,000 | = |
| Reserves13 | €1,206 | €1,206 | €1,206 | = |
| Profit (loss) carried forward14 | -€4,330 | -€11,153 | -€11,236 | ▼ 0.8% |
| Amounts payable17/49 | €53,865 | €53,860 | €50,959 | ▼ 5.4% |
| Amounts payable within one year42/48 | €21,365 | €21,360 | €18,459 | ▼ 13.6% |
| Trade debts44 | €20,672 | €20,677 | €17,776 | ▼ 14.0% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,330 | -€6,822 | -€84 | ▲ 98.8% |
| Operating cash flow (approximation) | -€4,330 | -€6,822 | -€84 | ▲ 98.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | - | -€10 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
28-09
Bankruptcy
Judicial dissolution, liquidator appointed
Tribunal de l’entreprise francophone de Bruxelles · event 17-09-2026
2025
08-09
KBO administration
Late accounts filing
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 153 days late
2019
31-12
Financial
Weakest financial yearnet -€6,822
Net result drops to -€6,822, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
25-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 209 days late
2017
29-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 121 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded04-06-2014
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.