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GOOD IT

Active
Private limited companyfounded 20206 yrs activeHertstraat 14, 9473 Denderleeuw, BelgiumKBO/BCE: BE 0748.846.631
Summary

GOOD IT has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €136k and a net result of €42k. Equity is growing by ~62.2% per year across the filed fiscal years. Its solvency ranks better than 63% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability96▼-4
Solvency97▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 3.49 against 6.12 in 2024; short-term debt: 28.2% and cash: 4.3% of total assets), and 28.2% of the assets are financed with debt.
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
71.8%
Return on assets
22.1%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
on the day
2024
91 d late
2023
37 d late
2022
19 d early
2021
31 d late
← before the deadline after the deadline →
Checked, nothing found (2)
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 months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover
€205k
EBIT margin
41.8%
Net result
€42k▲ 1.2%
2024 · €41k
2021: €68khighest in 5 years 2022: €44k▼ -34.8% vs 2021 2023: €44k▼ -1.2% vs 2022 2024: €41k▼ -6.4% vs 2023lowest in 5 years 2025: €42k▲ +1.2% vs 2024
2021 → 2025
Working capital
€133k▲ 44.9%
2024 · €92k
2021: €15klowest in 5 years 2022: €19k▲ +30.3% vs 2021 2023: €48k▲ +148% vs 2022 2024: €92k▲ +89.8% vs 2023 2025: €133k▲ +44.9% vs 2024highest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€205k-
Equity€21k-€23k▲ 8.3%€53k▲ 129%€94k▲ 78.1%€136k▲ 44.4% 2021: €21klowest in 5 years 2022: €23k▲ +8.3% vs 2021 2023: €53k▲ +129% vs 2022 2024: €94k▲ +78.1% vs 2023 2025: €136k▲ +44.4% vs 2024highest in 5 years
Operating result€86k-€56k▼ 34.6%€55k▼ 2.5%€51k▼ 7.4%€49k▼ 2.3% 2021: €86khighest in 5 years 2022: €56k▼ -34.6% vs 2021 2023: €55k▼ -2.5% vs 2022 2024: €51k▼ -7.4% vs 2023 2025: €49k▼ -2.3% vs 2024lowest in 5 years
Net result€68k-€44k▼ 34.8%€44k▼ 1.2%€41k▼ 6.4%€42k▲ 1.2% 2021: €68khighest in 5 years 2022: €44k▼ -34.8% vs 2021 2023: €44k▼ -1.2% vs 2022 2024: €41k▼ -6.4% vs 2023lowest in 5 years 2025: €42k▲ +1.2% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75kOperating result 2021: €86k€86kNet result 2021: €68k€68kOperating result 2022: €56k€56kNet result 2022: €44k€44kOperating result 2023: €55k€55kNet result 2023: €44k€44kOperating result 2024: €51k€51kNet result 2024: €41k€41kOperating result 2025: €49k€49kNet result 2025: €42k€42k20212022202320242025€0€20k€40k€60kOperating result 2023: €55k€55kNet result 2023: €44k€44kOperating result 2024: €51k€51kNet result 2024: €41k€41kOperating result 2025: €49k€49kNet result 2025: €42k€42k202320242025
The operating result has fallen four years in a row; 2025 is 2% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €189k
Fixed assets €3k ▲ 21.2%
Current assets €186k ▲ 69.8%
Equity and liabilities €189k
Equity €136k ▲ 44.4%
Debt €53k ▲ 197%
Debt's share of the balance-sheet total rises from 16.0% to 28.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€51k▼
2024 · €53k
Cash flow
€43k▼
2024 · €43k
Current ratio
3.49▼
2024 · 6.12
Debt to equity
0.39▲
2024 · 0.19
ROE
30.7%▼
2024 · 43.8%
ROA
22.1%▼
2024 · 36.8%
Interest coverage
23.27▼
2024 · 38.10
Debt ≤ 1 year
€53k▲
2024 · €18k
Income taxes
€12k▼
2024 · €12k
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 · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€112k€189k▲
Fixed assets21/28€2k€3k▲
Tangible fixed assets22/27€2k€3k▲
Furniture and vehicles24€2k€3k▲
Current assets29/58€110k€186k▲
Amounts receivable within one year40/41€103k€173k▲
Trade receivables40€11k€30k▲
Other amounts receivable41€92k€143k▲
Cash at bank and in hand54/58€6k€8k▲
Deferred charges and accrued income490/1€934€5k▲
Equity and liabilities
Total equity and liabilities10/49€112k€189k▲
Equity10/15€94k€136k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€91k€133k▲
Amounts payable17/49€18k€53k▲
Amounts payable within one year42/48€18k€53k▲
Trade debts44€3k€32k▲
Suppliers440/4€3k€32k▲
Taxes, remuneration and social security45€15k€21k▲
Taxes450/3€15k€21k▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€241€2k▲
Gross operating margin9900€53k€53k▲
Operating profit (loss)9901€51k€49k▼
Financial income75/76B€4k€6k▲
Recurring financial income75€4k€6k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€54k€54k▲
Income taxes67/77€12k€12k▼
Profit (loss) for the period9904€41k€42k▲
Profit (loss) for the period to be appropriated9905€41k€42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€91k€133k▲
Profit (loss) brought forward from the previous period14P€50k€91k▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Turnover70€205k-----
Goods, raw materials, services and sundry goods60/61€122k-----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k€3k€2k€2k▼ 22.9%
Other operating charges640/8€100€222€232€241€2k▲ 704%
Non-recurring operating charges66A--€848---
Gross operating margin9900€88k€59k€59k€53k€53k▲ 0.1%
Operating profit (loss)9901€86k€56k€55k€51k€49k▼ 2.3%
Financial income75/76B€6€73€1k€4k€6k▲ 46.1%
Recurring financial income75€6€73€1k€4k€6k▲ 46.1%
Financial charges65/66B€49€140€191€1k€2k▲ 58.6%
Recurring financial charges65€49€140€191€1k€2k▲ 58.6%
Profit (loss) for the period before taxes9903€86k€56k€56k€54k€54k▲ 0.1%
Income taxes67/77€17k€11k€12k€12k€12k▼ 3.7%
Profit (loss) for the period9904€68k€44k€44k€41k€42k▲ 1.2%
Profit (loss) for the period to be appropriated9905€68k€44k€44k€41k€42k▲ 1.2%
Line20212022202320242025Change
Assets
Total assets20/58€25k€39k€77k€112k€189k▲ 68.9%
Fixed assets21/28€6k€4k€4k€2k€3k▲ 21.2%
Tangible fixed assets22/27€6k€4k€4k€2k€3k▲ 21.2%
Furniture and vehicles24€6k€4k€4k€2k€3k▲ 21.2%
Current assets29/58€18k€36k€72k€110k€186k▲ 69.8%
Amounts receivable within one year40/41€11k€20k€69k€103k€173k▲ 68.4%
Trade receivables40€10k€10k€22k€11k€30k▲ 184%
Other amounts receivable41€724€10k€46k€92k€143k▲ 55.1%
Cash at bank and in hand54/58€7k€15k€3k€6k€8k▲ 44.4%
Deferred charges and accrued income490/1€769€809€870€934€5k▲ 387%
Equity and liabilities
Total equity and liabilities10/49€25k€39k€77k€112k€189k▲ 68.9%
Equity10/15€21k€23k€53k€94k€136k▲ 44.4%
Contributions10/11€3k€3k€3k€3k€3k=
Profit (loss) carried forward14€18k€20k€50k€91k€133k▲ 45.8%
Amounts payable17/49€3k€16k€24k€18k€53k▲ 197%
Amounts payable within one year42/48€3k€16k€24k€18k€53k▲ 197%
Trade debts44€228€125€192€3k€32k▲ 1,037%
Suppliers440/4€228€125€192€3k€32k▲ 1,037%
Taxes, remuneration and social security45€3k€16k€24k€15k€21k▲ 38.3%
Taxes450/3€3k€16k€24k€15k€21k▲ 38.3%
Line20212022202320242025Change
Profit (loss) for the period9904€68k€44k€44k€41k€42k▲ 1.2%
+ Depreciation and write-downs630€2k€3k€3k€2k€2k▼ 22.9%
Operating cash flow (approximation)€70k€47k€47k€43k€43k▼ 0.1%
Investment in fixed assets (approximation)-€0€-4k€0€-2k-
Change in cash-€8k€-12k€3k€2k▼ 9.2%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Equity above €100kEq €136k ▲44.4%
5 profitable years in a row build equity to €136k.
30-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 91 days late
2024
31-12
Financial Weakest financial yearnet €41k ▼6.4%
Net result drops to €41k, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity doublescurrent ratio 6.12
Current ratio from 3.01 to 6.12; short-term debt falls from €24k to €18k.
06-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 37 days late
2023
12-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Denderleeuw · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
589 m²
Building footprint
103 m²
Volume, LiDAR
655 m³
Parcel 41076B0324/00F000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
GOOD IT
Hertstraat 14, 9473 DenderleeuwOther software publishing
since 20202.304.175.018
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41076B0324/00F000 Flanders 589 m² 1 · 103 m² 9.7 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.

Similar companies · same sector, comparable size

Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 6,897 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
Founded23-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
58290Other software publishing
62200Computer consultancy and computer facilities management
63910Web portal activities
63920Other information service activities

Scores and ratios are computed by Checked and are not a credit decision.