GOODY'S

Active

Private limited companyfounded 201115 yrs activeKoning Albertstraat 12, 9900 Eeklo, BelgiumKBO/BCE: BE 0838.210.454

The computed 12-month bankruptcy probability of GOODY'S is 1.5% (moderate). The 2024 annual accounts show equity of €221k and a net result of €41k. Equity is growing by ~23.7% per year across the filed fiscal years. Its solvency ranks better than 81% of 18936 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

100 / 100

Excellent= vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability93▼-7

Solvency100=

Growth85=

Stability100

Bankruptcy probability, 12 months

1.5% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €22k at 30 days acceptable

Liquidity ample (current ratio 3.8 against 4.31 in 2023), and 34.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-09-2025, 46 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 filings

Deviation from the deadline

2025

not confirmed

2024

46 d late

2023

30 d late

2022

61 d late

2021

91 d late

2020

31 d late

2019

91 d late

← before the deadline after the deadline →

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 2024, micro schema

Turnover

€249k▲ 59.7%

2019 · €156k

2018: €144k 2019: €156k

2018 → 2020

EBIT margin

31.4%▲ 19.1pp

2019 · 12.4%

2018: 6.1% 2019: 12.4%

2018 → 2020

Net result

€41k▲ 5.7%

2023 · €39k

2018: €7k 2019: €21k 2020: €54k 2021: €18k 2022: €11k 2023: €39k

2018 → 2024

Working capital

€227k▲ 26.1%

2023 · €180k

2018: €34k 2019: €55k 2020: €153k 2021: €159k 2022: €153k 2023: €180k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€249k-

Equity€111k-€129k▲ 16.3%€141k▲ 8.9%€180k▲ 27.8%€221k▲ 23.0%

Operating result€78k-€35k▼ 55.1%€27k▼ 22.4%€67k▲ 147%€63k▼ 6.7%

Net result€54k-€18k▼ 66.4%€11k▼ 36.8%€39k▲ 241%€41k▲ 5.7%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 7% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €337k

91.3%

Fixed assets €29k▲ 80.6%

Current assets €307k▲ 31.3%

Equity and liabilities €337k

65.6%

34.4%

Equity €221k▲ 23.0%

Debt €116k▲ 63.8%

The debt ratio rises from 28.3% to 34.4%: debt grows faster than equity.

Key figures and ratios

2024 value · change against 2023

EBITDA

€72k▼

2023 · €73k

Cash flow

€51k▲

2023 · €44k

Solvency

65.6%▼

2023 · 71.7%

Current ratio

3.80▼

2023 · 4.31

Quick ratio

3.73▼

2023 · 4.31

Debt / equity

0.52▲

2023 · 0.39

ROE

18.7%▼

2023 · 21.7%

ROA

12.3%▼

2023 · 15.6%

Interest coverage

96.87▲

2023 · 42.49

Debt

€116k▲

2023 · €71k

Debt ≤ 1 year

€81k▲

2023 · €54k

Debt > 1 year

€2k▼

2023 · €16k

Income taxes

€23k▼

2023 · €28k

Staff costs

€58k▲

2023 · €38k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€250k€337k▲

Fixed assets21/28€16k€29k▲

Tangible fixed assets22/27€14k€27k▲

Plant, machinery and equipment23€2k€3k▲

Furniture and vehicles24€2k€19k▲

Leasing and similar rights25€9k€5k▼

Other tangible fixed assets26€1k€560▼

Financial fixed assets28€2k€2k=

Current assets29/58€234k€307k▲

Stocks and contracts in progress3-€6k

Stocks30/36-€6k

Amounts receivable within one year40/41€44k€57k▲

Trade receivables40€5k€5k=

Other amounts receivable41€39k€53k▲

Cash at bank and in hand54/58€190k€245k▲

Equity and liabilities

Total equity and liabilities10/49€250k€337k▲

Equity10/15€180k€221k▲

Contributions10/11€12k€12k=

Reserves13€70k€112k▲

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Distributable reserves133€69k€110k▲

Profit (loss) carried forward14€97k€97k=

Amounts payable17/49€71k€116k▲

Amounts payable after more than one year17€16k€2k▼

Financial debts170/4€16k€2k▼

Amounts payable within one year42/48€54k€81k▲

Current portion of amounts payable after more than one year42€15k€14k▼

Trade debts44€162€11k▲

Suppliers440/4€162€11k▲

Taxes, remuneration and social security45€40k€56k▲

Taxes450/3€35k€47k▲

Remuneration and social security454/9€5k€10k▲

Accrued charges and deferred income492/3-€33k

Income statement Code20232024

Goods, raw materials, services and sundry goods60/61€232k-

Remuneration, social security and pensions62€38k€58k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€9k▲

Other operating charges640/8€5k€8k▲

Gross operating margin9900€116k€139k▲

Operating profit (loss)9901€67k€63k▼

Financial income75/76B€2k€2k▲

Recurring financial income75€2k€2k▲

Financial charges65/66B€2k€745▼

Recurring financial charges65€2k€745▼

Profit (loss) for the period before taxes9903€68k€64k▼

Income taxes67/77€28k€23k▼

Profit (loss) for the period9904€39k€41k▲

Profit (loss) for the period to be appropriated9905€39k€41k▲

Appropriation of the result

Profit (loss) to be appropriated9906€136k€138k▲

Profit (loss) brought forward from the previous period14P€97k€97k=

Transfer to equity691/2€39k€41k▲

To other reserves6921€39k€41k▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

2025

15-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 46 days late

2024

31-12

Financial Equity above €200kEq €221k ▲23%

7 profitable years in a row build equity to €221k.

30-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 30 days late

2023

31-12

Financial Equity above €150kEq €180k ▲27.8%

6 profitable years in a row build equity to €180k.

30-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 61 days late

2022

30-10

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 91 days late

2021

31-08

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema · 31 days late

2020

31-12

Financial Highest result since 2018net €54k ▲156%

Operating result €78k, net result €54k, both a record.

31-12

Financial Equity above €100kEq €111k ▲94.2%

3 profitable years in a row build equity to €111k.

30-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 91 days late

2019

15-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

24-09

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 55 days late

2017

27-09

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 58 days late

2016

04-08

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema · 4 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2025

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

01-11-2025 Olcay Tekin Gurbuz: Resigned as Director

06-02-2024 Muraz Yilmaz: Resigned as Manager

06-02-2024 Olcay Gürbüz: Resigned as Manager

17-02-2020 Serkan Hasilik: Resigned as Manager

17-02-2020 Taylan Hasilik: Resigned as Manager

17-11-2015 Serkan Hasilik: Resigned as Manager

29-03-2013 Muraz Yilmaz: Resigned as Manager

Location & real-estate footprint

Registered office, Eeklo · 1 establishment unit since 2011

establishment The establishment unit on the map

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.