Result
The result rose in 2025 from €50,752 to €178,608.
The result rose in 2025 from €50,752 to €178,608.
Pledge on other assets, new in 2025. 56.2% of equity · not in the 2024 accounts.
In 2025, 100 people joined and 117 left.
Three of the last ten came late. The 2025 accounts came latest: 31 days after the end of the period.
Directors left. Latest change 20-05-2026 · 13 in office.
The dashed line is the sector median: < 0.1% across 9 companies (NACE 91, medium-sized).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (all companies). It does better than 48% of them on solvency, 91% on liquidity, 76% on profitability and 82% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 1,579 companies had the same profile as GoodPlanet Belgium has now. Each dot stands for 4 companies, two years later.
That fits the bankruptcy probability of GoodPlanet Belgium itself: < 0.1% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,579 companies, not a prediction for GoodPlanet Belgium. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 5.29 (5.7 in 2024), above the usual 1.5. Short-term debt is 17.8% and cash 22.7% of total assets. However, 67.4% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 6 accounts on average 16 days before the deadline. In the sector (NACE 91), the median for financial year 2024 was 22 days before the deadline, and 29% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| GoodPlanet Belgium Ixelles | €3.3m | €4.3m | 32.6% | 63 |
| FORESTIA Theux | €5.0m | €2.2m | 34.2% | 44 |
| PAKAWI PARK Balen | €3.5m | €1.9m | 28.8% | 36.6 |
| REGIONAAL LANDSCHAP KEMPEN EN MAASLAND Genk | €4.7m | €2.4m | 39.1% | 30.3 |
| Préhistomuseum Flémalle | €5.0m | €2.2m | 42.5% | 29.8 |
| Natuurpunt , vereniging voor natuur en landschap in Vlaanderen Mechelen | €9.5m | - | 51.8% | 72.7 |
| REGIONAAL LANDSCHAP HASPENGOUW EN VOEREN Hasselt | €2.8m | €2.4m | 43.6% | 23.2 |
These companies have the same main activity as GoodPlanet Belgium: libraries, archives, museums and other cultural activities (NACE 91420). They are comparable in size and age: total assets between €2.8m and €9.5m, founded between 1982 and 2002.
GoodPlanet Belgium has existed since 1997. The gross margin grew from €1.1m in 2007 to €4.3m in 2025 and staff from 24 to 63 full-time equivalents.
Solvency rose in 2025 from 27.1% to 32.6% because of the retained profit.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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