GOODMONTH
ActiveSummary
GOODMONTH has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€15,776) and a net result of €14,569. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 28% of 1347 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-7
Solvency22▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.11 against 0.09 in 2024; short-term debt: 41.4% and cash: 0% of total assets), and equity is negative.
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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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Accommodation (NACE 55)
about 6% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
-3.4%
Return on assets
3.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
13 d early
2023
7 d late
2022
70 d late
2021
71 d late
2020
1 d early
2019
11 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 25 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% of the sector filed late.
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. Usually files around 31 August (4 of the last 5 filed years within 40 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€15,776▲ 48.0%
2024 · -€30,345
Total assets
€458,808▼ 10.0%
2024 · €509,816
Net result
€14,569▼ 67.5%
2024 · €44,780
Working capital
-€169,189▲ 24.3%
2024 · -€223,574
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 55, Accommodation, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€31,451▲ 32.5%€33,273€49,771▲ 49.6%€50,804▲ 2.1%€19,614▼ 61.4%
Net result-€43,267below the sector's middle half▲ 27.4%€22,095within the sector's middle half€39,604above the sector's middle half▲ 79.2%€44,780above the sector's middle half▲ 13.1%€14,569within the sector's middle half▼ 67.5%
Equity-€136,824below the sector's middle half▼ 46.2%-€114,729below the sector's middle half▲ 16.1%-€75,124below the sector's middle half▲ 34.5%-€30,345below the sector's middle half▲ 59.6%-€15,776below the sector's middle half▲ 48.0%
Total assets€581,232within the sector's middle half▼ 6.3%€546,634within the sector's middle half▼ 6.0%€550,665within the sector's middle half▲ 0.7%€509,816within the sector's middle half▼ 7.4%€458,808within the sector's middle half▼ 10.0%
Debt€718,056▲ 0.6%€661,363▼ 7.9%€625,789▼ 5.4%€540,161▼ 13.7%€474,584▼ 12.1%
Working capital-€284,238below the sector's middle half▼ 26.6%-€272,039below the sector's middle half▲ 4.3%-€282,897below the sector's middle half▼ 4.0%-€223,574below the sector's middle half▲ 21.0%-€169,189below the sector's middle half▲ 24.3%
Solvency-23.5%below the sector's middle half▼ 8.5pp-21.0%below the sector's middle half▲ 2.6pp-13.6%below the sector's middle half▲ 7.3pp-6.0%within the sector's middle half▲ 7.7pp-3.4%within the sector's middle half▲ 2.5pp
Current ratio0.03below the sector's middle half=0.07below the sector's middle half▲ 0.040.04below the sector's middle half▼ 0.030.09below the sector's middle half▲ 0.040.11below the sector's middle half▲ 0.02
Return on assets (ROA)-7.4%below the sector's middle half▲ 2.2pp4.0%within the sector's middle half▲ 11.5pp7.2%above the sector's middle half▲ 3.2pp8.8%above the sector's middle half▲ 1.6pp3.2%within the sector's middle half▼ 5.6pp
above
within
below
the middle half (P25 to P75) of NACE 55, Accommodation, each year against the same schema; no band under 30 filings.
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 2025; 2025 is 61% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €458,808
Fixed assets
€437,956 ▼ 10.4%
Current assets
€20,852 ▼ 0.6%
Equity and liabilities
Equity-€15,776
Debt€474,584
Equity is negative: debt (€474,584) exceeds the balance-sheet total (€458,808).
Key figures and ratios
EBITDA
€57,331▼
2024 · €102,800
Cash flow
€52,287▼
2024 · €96,776
Interest coverage
11.69▼
2024 · 21.63
Debt ≤ 1 year
€190,042▼
2024 · €244,548
Debt > 1 year
€264,030▼
2024 · €275,100
Income taxes
€141▼
2024 · €1,272
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 522 companies that looked in July 2024 the way this one looks now, 3.8% went bankrupt within 24 months and 94% are still going.
- Small
- 10 to 20 years old
- negative equity
- a profit under 5% of the balance sheet
3.8%
went bankrupt
1.7%
stopped otherwise
94%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 522 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €10,000 | €0 | €3,333 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €54,383 | €51,367 | €47,847 | €51,996 | €37,718 | ▼ 27.5% |
| Other operating charges640/8 | €5,925 | €4,465 | €13,028 | €7,911 | €3,134 | ▼ 60.4% |
| Gross operating margin9900 | €28,857 | €89,105 | €110,647 | €110,711 | €60,465 | ▼ 45.4% |
| Operating profit (loss)9901 | -€31,451 | €33,273 | €49,771 | €50,804 | €19,614 | ▼ 61.4% |
| Financial income75/76B | - | - | - | €0 | €2 | ▲ 1,855% |
| Recurring financial income75 | - | - | - | €0 | €2 | ▲ 1,855% |
| Financial charges65/66B | €11,816 | €10,695 | €9,354 | €4,752 | €4,906 | ▲ 3.2% |
| Recurring financial charges65 | €11,816 | €10,695 | €9,354 | €4,752 | €4,906 | ▲ 3.2% |
| Profit (loss) for the period before taxes9903 | -€43,267 | €22,578 | €40,417 | €46,052 | €14,710 | ▼ 68.1% |
| Income taxes67/77 | €0 | €483 | €812 | €1,272 | €141 | ▼ 88.9% |
| Profit (loss) for the period9904 | -€43,267 | €22,095 | €39,604 | €44,780 | €14,569 | ▼ 67.5% |
| Profit (loss) for the period to be appropriated9905 | -€43,267 | €22,095 | €39,604 | €44,780 | €14,569 | ▼ 67.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €581,232 | €546,634 | €550,665 | €509,816 | €458,808 | ▼ 10.0% |
| Fixed assets21/28 | €571,328 | €525,398 | €538,194 | €488,842 | €437,956 | ▼ 10.4% |
| Tangible fixed assets22/27 | €571,328 | €525,398 | €538,194 | €486,842 | €435,956 | ▼ 10.5% |
| Land and buildings22 | €560,306 | €525,398 | €508,371 | €469,222 | €435,842 | ▼ 7.1% |
| Plant, machinery and equipment23 | €0 | - | €471 | €292 | €114 | ▼ 61.1% |
| Furniture and vehicles24 | €11,021 | €0 | €29,352 | €17,328 | €0 | ▼ 100% |
| Financial fixed assets28 | - | - | - | €2,000 | €2,000 | = |
| Current assets29/58 | €9,904 | €21,236 | €12,471 | €20,974 | €20,852 | ▼ 0.6% |
| Amounts receivable within one year40/41 | €5,769 | €17,371 | €11,625 | €19,673 | €20,078 | ▲ 2.1% |
| Trade receivables40 | €5,769 | €17,371 | €11,625 | €19,673 | €20,078 | ▲ 2.1% |
| Cash at bank and in hand54/58 | €3,465 | €3,468 | €42 | €471 | €7 | ▼ 98.5% |
| Deferred charges and accrued income490/1 | €670 | €398 | €804 | €830 | €768 | ▼ 7.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €581,232 | €546,634 | €550,665 | €509,816 | €458,808 | ▼ 10.0% |
| Equity10/15 | -€136,824 | -€114,729 | -€75,124 | -€30,345 | -€15,776 | ▲ 48.0% |
| Contributions10/11 | €75,000 | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Profit (loss) carried forward14 | -€211,824 | -€189,729 | -€150,124 | -€105,345 | -€90,776 | ▲ 13.8% |
| Amounts payable17/49 | €718,056 | €661,363 | €625,789 | €540,161 | €474,584 | ▼ 12.1% |
| Amounts payable after more than one year17 | €411,377 | €351,563 | €309,900 | €275,100 | €264,030 | ▼ 4.0% |
| Financial debts170/4 | €411,377 | €351,563 | €309,900 | €275,100 | €264,030 | ▼ 4.0% |
| Amounts payable within one year42/48 | €294,141 | €293,275 | €295,368 | €244,548 | €190,042 | ▼ 22.3% |
| Current portion of amounts payable after more than one year42 | €62,759 | €59,814 | €43,374 | €34,800 | €54,441 | ▲ 56.4% |
| Trade debts44 | €4,381 | €7,623 | €15,384 | €9,865 | €23,961 | ▲ 143% |
| Suppliers440/4 | €4,381 | €7,623 | €15,384 | €9,865 | €23,961 | ▲ 143% |
| Taxes, remuneration and social security45 | €469 | €4,040 | €7,499 | €2,551 | €1,210 | ▼ 52.6% |
| Taxes450/3 | €469 | €4,040 | €7,499 | €2,551 | €1,210 | ▼ 52.6% |
| Other amounts payable47/48 | €226,533 | €221,799 | €229,110 | €197,332 | €110,430 | ▼ 44.0% |
| Accrued charges and deferred income492/3 | €12,537 | €16,525 | €20,522 | €20,513 | €20,513 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€43,267 | €22,095 | €39,604 | €44,780 | €14,569 | ▼ 67.5% |
| + Depreciation and write-downs630 | €54,383 | €51,367 | €47,847 | €51,996 | €37,718 | ▼ 27.5% |
| Operating cash flow (approximation) | €11,116 | €73,462 | €87,452 | €96,776 | €52,287 | ▼ 46.0% |
| Investment in fixed assets (approximation) | - | -€5,437 | -€60,643 | -€2,645 | €13,169 | ▲ 598% |
| Change in cash | - | €3 | -€3,426 | €429 | -€464 | ▼ 208% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €44,780 ▲13.1%
Operating result €50,804, net result €44,780, both a record.
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
31-12
Financial
Back to profitnet €22,095
Net result €22,095 after 2 loss-making years.
10-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 71 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€59,615
Net result drops to -€59,615, the lowest in the series; recovery starts the following year.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
29-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 60 days late
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
No directors read yet: 0 of 9 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2014
Ground area
1,265 m²
Building footprint
509 m²
Volume, LiDAR
887 m³
2 parcels, Flanders · tallest building 15.4 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
ZEVEN VRIJE DAGEN
since 2014unit no. 2.237.595.703
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062B0076/00A005 | Flanders | 1,187 m² | 1 · 440 m² | - |
| 44021A0727/00E000 | Flanders | 78 m² | 1 · 69 m² | 15.4 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Company details
Identification
Legal formPrivate limited company
Founded24-11-2014
Fiscal year end31-12
Activities, NACEBEL 2025
55209Other holiday and short-stay accommodation
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
Contact
E-mail
didierbalcaen1971@gmail.comGent
Phone
0472/70.21.09Gent
E-invoicing
Reachable via Peppol
Peppol ID
0208:0505948337
Also
9925:BE0505948337
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.