GOOD
ActiveSummary
For GOOD, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €281k and a net result of €51k. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 54% of 8966 sector peers (fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability82▼-11
Solvency85▲+1
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
59.6%
Return on assets
10.7%
Age of the figures
30 mo
raises risk · Annual accounts not filed
The financial year that closed on 31-03-2025 was due at the National Bank by 31-10-2025. Nothing is on record, 329 days later.
NBB · 10 filingsPosition against the passed deadline
31-03-2025 close31-10-2025 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 30-10-2024, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
1 d early
2023
on the day
2022
4 d early
2021
2 d early
2020
3 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€281k▲ 22.0%
2023 · €230k
2019: €242k
2020: €199k▼ -17.5% vs 2019
2021: €177k▼ -11.3% vs 2020lowest in 6 years
2022: €217k▲ +22.8% vs 2021
2023: €230k▲ +6.0% vs 2022
2024: €281k▲ +22.0% vs 2023highest in 6 years
2019 → 2024
Total assets
€471k▲ 21.0%
2023 · €389k
2019: €388k
2020: €395k▲ +1.7% vs 2019
2021: €296k▼ -24.9% vs 2020lowest in 6 years
2022: €315k▲ +6.3% vs 2021
2023: €389k▲ +23.6% vs 2022
2024: €471k▲ +21.0% vs 2023highest in 6 years
2019 → 2024
Net result
€51k▼ 34.0%
2023 · €77k
2019: €106khighest in 6 years
2020: €-42k▼ -140% vs 2019lowest in 6 years
2021: €-22k▲ +47.1% vs 2020
2022: €40k▲ +280% vs 2021
2023: €77k▲ +89.9% vs 2022
2024: €51k▼ -34.0% vs 2023
2019 → 2024
Working capital
€204k▲ 9.2%
2023 · €187k
2019: €219khighest in 6 years
2020: €165k▼ -24.9% vs 2019
2021: €148k▼ -10.4% vs 2020lowest in 6 years
2022: €177k▲ +20.1% vs 2021
2023: €187k▲ +5.5% vs 2022
2024: €204k▲ +9.2% vs 2023
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€199k-€177k▼ 11.3%€217k▲ 22.8%€230k▲ 6.0%€281k▲ 22.0%
2020: €199k
2021: €177k▼ -11.3% vs 2020lowest in 5 years
2022: €217k▲ +22.8% vs 2021
2023: €230k▲ +6.0% vs 2022
2024: €281k▲ +22.0% vs 2023highest in 5 years
Operating result€-16k-€-19k▼ 20.0%€51k€103k▲ 102%€74k▼ 27.8%
2020: €-16k
2021: €-19k▼ -20.0% vs 2020lowest in 5 years
2022: €51k▲ +370% vs 2021
2023: €103k▲ +102% vs 2022highest in 5 years
2024: €74k▼ -27.8% vs 2023
Net result€-42k-€-22k▲ 47.1%€40k€77k▲ 89.9%€51k▼ 34.0%
2020: €-42klowest in 5 years
2021: €-22k▲ +47.1% vs 2020
2022: €40k▲ +280% vs 2021
2023: €77k▲ +89.9% vs 2022highest in 5 years
2024: €51k▼ -34.0% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 28% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €471k
Fixed assets
€120k ▲ 21.1%
Current assets
€351k ▲ 21.0%
Equity and liabilities €471k
Equity
€281k ▲ 22.0%
Debt
€190k ▲ 19.7%
Debt's share of the balance-sheet total falls from 40.8% to 40.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€91k▼
2023 · €115k
Cash flow
€68k▼
2023 · €89k
Current ratio
2.39▼
2023 · 2.82
Debt to equity
0.68▼
2023 · 0.69
ROE
18.0%▼
2023 · 33.3%
ROA
10.7%▼
2023 · 19.7%
Interest coverage
30.44▼
2023 · 50.10
Debt ≤ 1 year
€147k▲
2023 · €103k
Debt > 1 year
€44k▼
2023 · €56k
Income taxes
€21k▼
2023 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€389k€471k▲
Fixed assets21/28€99k€120k▲
Tangible fixed assets22/27€99k€120k▲
Land and buildings22€86k€78k▼
Plant, machinery and equipment23€13k€29k▲
Furniture and vehicles24-€14k
Current assets29/58€290k€351k▲
Amounts receivable within one year40/41€119k€191k▲
Trade receivables40€119k€191k▲
Current investments50/53€36k€36k▲
Cash at bank and in hand54/58€134k€123k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€389k€471k▲
Equity10/15€230k€281k▲
Contributions10/11€12k€12k=
Reserves13€218k€269k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€26k€26k=
Distributable reserves133€190k€241k▲
Amounts payable17/49€159k€190k▲
Amounts payable after more than one year17€56k€44k▼
Financial debts170/4€56k€44k▼
Amounts payable within one year42/48€103k€147k▲
Current portion of amounts payable after more than one year42€12k€12k▲
Trade debts44€50k€55k▲
Suppliers440/4€50k€55k▲
Taxes, remuneration and social security45€25k€55k▲
Taxes450/3€25k€55k▲
Other amounts payable47/48€16k€24k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€17k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€117k€93k▼
Operating profit (loss)9901€103k€74k▼
Financial income75/76B€50€1k▲
Recurring financial income75€50€1k▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€100k€72k▼
Income taxes67/77€24k€21k▼
Profit (loss) for the period9904€77k€51k▼
Profit (loss) for the period to be appropriated9905€77k€51k▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€51k▲
Profit (loss) brought forward from the previous period14P€-65k-
Transfer from equity791/2€64k-
Transfer to equity691/2€12k€51k▲
To other reserves6921€12k€51k▲
Profit to be distributed694/7€64k-
Return on contributions (dividend)694€64k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €11k | €11k | €13k | €17k | ▲ 34.3% |
| Other operating charges640/8 | - | - | €2k | €2k | €2k | ▼ 10.5% |
| Gross operating margin9900 | €-1k | €25k | €64k | €117k | €93k | ▼ 20.7% |
| Operating profit (loss)9901 | €-16k | €-19k | €51k | €103k | €74k | ▼ 27.8% |
| Financial income75/76B | - | - | €691 | €50 | €1k | ▲ 2,099% |
| Recurring financial income75 | €14 | €105 | €691 | €50 | €1k | ▲ 2,099% |
| Financial charges65/66B | - | - | €2k | €2k | €3k | ▲ 30.2% |
| Recurring financial charges65 | €4k | €3k | €2k | €2k | €3k | ▲ 30.2% |
| Profit (loss) for the period before taxes9903 | €-19k | €-22k | €49k | €100k | €72k | ▼ 28.1% |
| Income taxes67/77 | €23k | €376 | €9k | €24k | €21k | ▼ 9.1% |
| Profit (loss) for the period9904 | €-42k | €-22k | €40k | €77k | €51k | ▼ 34.0% |
| Profit (loss) for the period to be appropriated9905 | €-42k | €-22k | €40k | €77k | €51k | ▼ 34.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €395k | €296k | €315k | €389k | €471k | ▲ 21.0% |
| Fixed assets21/28 | €127k | €110k | €108k | €99k | €120k | ▲ 21.1% |
| Tangible fixed assets22/27 | €121k | €110k | €108k | €99k | €120k | ▲ 21.1% |
| Land and buildings22 | - | - | €95k | €86k | €78k | ▼ 10.0% |
| Plant, machinery and equipment23 | - | - | €13k | €13k | €29k | ▲ 118% |
| Furniture and vehicles24 | - | - | - | - | €14k | - |
| Financial fixed assets28 | €6k | - | - | - | - | - |
| Current assets29/58 | €267k | €187k | €207k | €290k | €351k | ▲ 21.0% |
| Amounts receivable within one year40/41 | €163k | €24k | €21k | €119k | €191k | ▲ 60.0% |
| Trade receivables40 | - | - | - | €119k | €191k | ▲ 60.0% |
| Other amounts receivable41 | - | - | €21k | - | - | - |
| Current investments50/53 | - | €10k | €36k | €36k | €36k | ▲ 0.8% |
| Cash at bank and in hand54/58 | €79k | €144k | €149k | €134k | €123k | ▼ 8.2% |
| Deferred charges and accrued income490/1 | - | - | €991 | €1k | €1k | ▲ 1.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €395k | €296k | €315k | €389k | €471k | ▲ 21.0% |
| Equity10/15 | €199k | €177k | €217k | €230k | €281k | ▲ 22.0% |
| Contributions10/11 | €12k | - | €12k | €12k | €12k | = |
| Reserves13 | €229k | €229k | €270k | €218k | €269k | ▲ 23.2% |
| Non-distributable reserves130/1 | - | - | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | - | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | - | - | €26k | €26k | €26k | = |
| Distributable reserves133 | - | - | €242k | €190k | €241k | ▲ 26.6% |
| Profit (loss) carried forward14 | €-42k | €-65k | €-65k | - | - | - |
| Amounts payable17/49 | €195k | €119k | €98k | €159k | €190k | ▲ 19.7% |
| Amounts payable after more than one year17 | €92k | €80k | €68k | €56k | €44k | ▼ 22.2% |
| Financial debts170/4 | - | - | €68k | €56k | €44k | ▼ 22.2% |
| Amounts payable within one year42/48 | €103k | €39k | €29k | €103k | €147k | ▲ 42.6% |
| Current portion of amounts payable after more than one year42 | - | - | €12k | €12k | €12k | ▲ 2.2% |
| Trade debts44 | €53 | €13k | €13k | €50k | €55k | ▲ 9.7% |
| Suppliers440/4 | - | - | €13k | €50k | €55k | ▲ 9.7% |
| Taxes, remuneration and social security45 | - | - | €5k | €25k | €55k | ▲ 121% |
| Taxes450/3 | - | - | €5k | €25k | €55k | ▲ 121% |
| Other amounts payable47/48 | - | - | - | €16k | €24k | ▲ 53.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-42k | €-22k | €40k | €77k | €51k | ▼ 34.0% |
| + Depreciation and write-downs630 | €11k | €11k | €11k | €13k | €17k | ▲ 34.3% |
| Operating cash flow (approximation) | €-31k | €-11k | €52k | €89k | €68k | ▼ 24.2% |
| Investment in fixed assets (approximation) | - | €6k | €-10k | €-4k | €-38k | ▼ 852% |
| Change in cash | - | €66k | €5k | €-15k | €-11k | ▲ 28.1% |
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
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Back to profitnet €40k
Net result €40k after 2 loss-making years.
31-03
Financial
Equity above €200kEq €217k ▲22.8%
Equity rises from €177k to €217k.
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet €-42k
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
27-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
26-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
09-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 39 days late
Financial 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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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schoten · 1 establishment unit since 2003
Ground area
1,157 m²
Building footprint
205 m²
Volume, LiDAR
1,270 m³
Parcel 11442C0317/00P002, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Good
since 20032.134.821.827
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11442C0317/00P002 | Flanders | 1,157 m² | 1 · 205 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,753. 2,617 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-01-2004
Fiscal year end31-03
Activities, NACEBEL 2025
73110Advertising agencies
Scores and ratios are computed by Checked and are not a credit decision.