GOOD HILL
BankruptcyThe KBO register records for GOOD HILL the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €20k and a net result of €-10k.
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 28-09-2021, 59 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
59 d late
2019
152 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Turnover
€95k▼ 50.3%
2019 · €190k
2018: €180k
2019: €190k
2018 → 2020
EBIT margin
-9.0%▼ 21.8pp
2019 · 12.8%
2018: 3.5%
2019: 12.8%
2018 → 2020
Net result
€-10k
2019 · €15k
2018: €3k
2019: €15k
2018 → 2020
Working capital
€-20k▲ 29.3%
2019 · €-28k
2018: €-50k
2019: €-28k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€180k-€190k▲ 5.8%€95k▼ 50.3%
Equity€15k-€30k▲ 95.7%€20k▼ 34.7%
Operating result€6k-€24k▲ 284%€-9k
Net result€3k-€15k▲ 410%€-10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €9k after €24k in 2019, the lowest year so far.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €60k
Fixed assets
€39k▼ 32.1%
Current assets
€21k▲ 3.4%
Equity and liabilities €60k
Equity
€20k▼ 34.7%
Debt
€41k▼ 15.6%
The debt ratio rises from 61.8% to 67.6%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€10k▼
2019 · €43k
Cash flow
€8k▼
2019 · €33k
Solvency
32.4%▼
2019 · 38.2%
Current ratio
0.51▲
2019 · 0.42
Quick ratio
0.51▲
2019 · 0.42
ROE
-53.2%▼
2019 · 48.9%
ROA
-17.2%▼
2019 · 18.7%
Debt
€41k▼
2019 · €48k
Debt ≤ 1 year
€41k▼
2019 · €48k
Income taxes
€729
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€78k€60k▼
Fixed assets21/28€58k€39k▼
Tangible fixed assets22/27€58k€39k▼
Current assets29/58€20k€21k▲
Amounts receivable within one year40/41€3k€5k▲
Cash at bank and in hand54/58€17k€16k▼
Equity and liabilities
Total equity and liabilities10/49€78k€60k▼
Equity10/15€30k€20k▼
Contributions10/11€12k-
Profit (loss) carried forward14€17k€7k▼
Amounts payable17/49€48k€41k▼
Amounts payable within one year42/48€48k€41k▼
Trade debts44€39k€9k▼
Income statement
Code20192020
Turnover70€190k€95k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€19k=
Gross operating margin9900€48k€14k▼
Operating profit (loss)9901€24k€-9k▼
Recurring financial income75€235-
Recurring financial charges65€10k€642▼
Profit (loss) for the period before taxes9903€15k€-10k▼
Income taxes67/77-€729
Profit (loss) for the period9904€15k€-10k▼
Profit (loss) for the period to be appropriated9905€15k€-10k▼
Timeline · acts, filings and financial milestones
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
31-12
Financial
Weakest financial yearnet €-10k ▼171%
Net result drops to €-10k, the lowest in the series.
30-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 152 days late
2019
31-12
Financial
Highest result since 2018net €15k ▲410%
Operating result €24k, net result €15k, both a record.
22-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 114 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Wavre · 1 establishment unit since 2017
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.
Place Alphonse Bosch 331300 WavreGround area
696 m²
Building footprint
85 m²
Volume, LiDAR
562 m³
Parcel 25112M0875/00L000, Wallonia · tallest building 12.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GOOD HILL
since 20172.270.591.044
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25112M0875/00L000 | Wallonia | 696 m² | 1 · 84 m² | 12.5 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.
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Of 2,384 companies in sector 55100 we hold annual accounts for 1,507. 662 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded09-11-2017
Fiscal year end31-12
Activities, NACEBEL
55100Hotels and similar accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.