GOOD & GOOD
ActiveThe computed 12-month bankruptcy probability of GOOD & GOOD is 2.8% (moderate). The 2025 annual accounts show negative equity (€-17k) and a net result of €395. Equity is shrinking by ~15.6% per year across the filed fiscal years. Its solvency ranks better than 9% of 83 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
39
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability32▲+23
Solvency3▲+1
Growth58=
Track record94
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 3.78 against 4.24 in 2024; short-term debt: 25.8% and cash: 20.8% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Solvency, return and age of the figures
Solvency
-22.5%
Return on assets
0.5%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 11
Relative position
BE, all sectors
reference
Sector 11
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 83 sector peers (2025).
NBB · sector comparisonPosition among 83 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-03-2026, 140 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
140 d early
2024
24 d early
2023
21 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€395
2024 · €-6k
2023: €-37k
2024: €-6k
2023 → 2025
Working capital
€55k▼ 4.2%
2024 · €57k
2023: €31k
2024: €57k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€-12k-€-18k▼ 48.9%€-17k▲ 2.2%
Operating result€-35k-€-4k▲ 88.2%€2k
Net result€-37k-€-6k▲ 84.3%€395
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €2k after a loss of €4k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €76k
Fixed assets
€2k▼ 13.4%
Current assets
€74k▼ 0.5%
Key figures and ratios
EBITDA
€2k▲
2024 · €-4k
Cash flow
€641▲
2024 · €-6k
Solvency
-22.5%▲
2024 · -22.8%
Current ratio
3.78▼
2024 · 4.24
Quick ratio
2.33▲
2024 · 1.88
Debt / equity
-5.45▼
2024 · -5.39
ROA
0.5%▲
2024 · -7.5%
Interest coverage
1.50▲
2024 · -2.44
Debt
€93k▼
2024 · €94k
Debt ≤ 1 year
€20k▲
2024 · €18k
Debt > 1 year
€73k▼
2024 · €77k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€77k€76k▼
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€378€970▲
Furniture and vehicles24€378€970▲
Financial fixed assets28€2k€829▼
Current assets29/58€75k€74k▼
Stocks and contracts in progress3€42k€29k▼
Stocks30/36€42k€29k▼
Amounts receivable within one year40/41€18k€20k▲
Trade receivables40€17k€12k▼
Other amounts receivable41€1k€7k▲
Cash at bank and in hand54/58€15k€16k▲
Deferred charges and accrued income490/1€357€10k▲
Equity and liabilities
Total equity and liabilities10/49€77k€76k▼
Equity10/15€-18k€-17k▲
Contributions10/11€25k€25k=
Profit (loss) carried forward14€-43k€-42k▲
Amounts payable17/49€94k€93k▼
Amounts payable after more than one year17€77k€73k▼
Financial debts170/4€77k€73k▼
Amounts payable within one year42/48€18k€20k▲
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€11k€12k▲
Suppliers440/4€11k€12k▲
Other amounts payable47/48€863€987▲
Accrued charges and deferred income492/3€16€450▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€117€246▲
Other operating charges640/8€4k€6k▲
Gross operating margin9900€-280€8k▲
Operating profit (loss)9901€-4k€2k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-6k€395▲
Profit (loss) for the period9904€-6k€395▲
Profit (loss) for the period to be appropriated9905€-6k€395▲
Appropriation of the result
Profit (loss) to be appropriated9906€-43k€-42k▲
Profit (loss) brought forward from the previous period14P€-37k€-43k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €395
Net result €395 after 2 loss-making years.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity doublescurrent ratio 4.24
Current ratio from 1.86 to 4.24; short-term debt falls from €36k to €18k.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Brussel · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Louizalaan 5001050 BrusselGround area
1,218 m²
Building footprint
1,221 m²
Volume, LiDAR
17,976 m³
Parcel 21822R0227/00T003, Brussels · tallest building 32.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GOOD & GOOD SRL
since 20222.337.703.958
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0227/00T003 | Brussels | 1,218 m² | 1 · 1,221 m² | 32.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteElsene2.337.703.958
Similar companies · same sector and region
Beer in Mind
BE 1038.163.383
Elsene
EN STOEMELINGS
BE 0567.711.997
Elsene
L'amère en fût
BE 1007.473.771
Elsene
ORIES CONSULTING
BE 0825.516.520
Elsene
3 Fonteinen
BE 0474.218.746
Beersel
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 730 companies in sector 11050 we hold annual accounts for 352.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-11-2022
Fiscal year end31-12
Activities, NACEBEL
11050Manufacture of beer
46349Wholesale of beverages, general range
47252Retail sale of beverages, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.manikombucha.com
E-mail:mani@manikombucha.com