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GOOSSENS ELEKTRICITEITSWERKEN

Active
Private limited companyfounded 20179 yrs activePodtsmeulen 36, 9250 Waasmunster, BelgiumKBO/BCE: BE 0674.467.625
Summary

GOOSSENS ELEKTRICITEITSWERKEN has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €189k and a net result of €51k. Equity is growing by ~34.3% per year across the filed fiscal years. Its solvency ranks better than 50% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
72 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▼-5
Solvency72▲+16
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 2.09 against 1.35 in 2024; short-term debt: 27.1% and cash: 14% of total assets), but 53% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
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
47%
Return on assets
12.6%
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 28-05-2026, 64 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
64 d early
2024
77 d early
2023
72 d early
2022
48 d early
2021
48 d early
2020
61 d early
2019
74 d early
← 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
24-09-2026 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

Equity
€189k▲ 35.0%
2024 · €140k
2018: €33k 2019: €33k 2020: €28k 2021: €44k 2022: €74k 2023: €95k 2024: €140k
2018 → 2025
Total assets
€401k▼ 9.8%
2024 · €445k
2018: €150k 2019: €358k 2020: €322k 2021: €358k 2022: €368k 2023: €457k 2024: €445k
2018 → 2025
Net result
€51k▼ 33.8%
2024 · €76k
2018: €9k 2020: €-5k 2021: €18k 2022: €32k 2023: €22k 2024: €76k
2018 → 2025
Working capital
€118k▲ 84.0%
2024 · €64k
2018: €12k 2019: €-24k 2020: €-34k 2021: €-25k 2022: €-785 2023: €16k 2024: €64k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€44k-€74k▲ 69.1%€95k▲ 27.1%€140k▲ 47.8%€189k▲ 35.0%
Operating result€23k-€45k▲ 96.7%€38k▼ 15.6%€116k▲ 205%€78k▼ 32.9%
Net result€18k-€32k▲ 80.5%€22k▼ 31.8%€76k▲ 250%€51k▼ 33.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2021: €23k€23kNet result 2021: €18k€18kOperating result 2022: €45k€45kNet result 2022: €32k€32kOperating result 2023: €38k€38kNet result 2023: €22k€22kOperating result 2024: €116k€116kNet result 2024: €76k€76kOperating result 2025: €78k€78kNet result 2025: €51k€51k20212022202320242025€0€50k€100kOperating result 2023: €38k€38kNet result 2023: €22k€22kOperating result 2024: €116k€116kNet result 2024: €76k€76kOperating result 2025: €78k€78kNet result 2025: €51k€51k202320242025
The operating result falls in 2025; 2025 is 33% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €401k
Fixed assets €175k ▼ 11.8%
Current assets €226k ▼ 8.2%
Equity and liabilities €401k
Equity €189k ▲ 35.0%
Debt €212k ▼ 30.4%
Debt's share of the balance-sheet total falls from 68.6% to 53.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€103k
2024 · €144k
Cash flow
€75k
2024 · €104k
Current ratio
2.09
2024 · 1.35
Quick ratio
1.44
2024 · 0.97
Debt to equity
1.13
2024 · 2.18
ROE
26.8%
2024 · 54.6%
ROA
12.6%
2024 · 17.2%
Interest coverage
17.40
2024 · 14.86
Debt ≤ 1 year
€109k
2024 · €183k
Debt > 1 year
€104k
2024 · €121k
Income taxes
€22k
2024 · €30k
Staff costs
€281k
2024 · €262k
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 · 55 lines
Balance sheet Code20242025
Assets
Total assets20/58€445k€401k
Fixed assets21/28€198k€175k
Tangible fixed assets22/27€198k€175k
Land and buildings22€168k€156k
Plant, machinery and equipment23€4k€4k
Furniture and vehicles24€26k€15k
Financial fixed assets28€5€5=
Current assets29/58€247k€226k
Stocks and contracts in progress3€69k€71k
Stocks30/36€69k€69k
Contracts in progress37-€2k
Amounts receivable within one year40/41€99k€38k
Trade receivables40€76k€37k
Other amounts receivable41€24k€938
Current investments50/53€53k€57k
Cash at bank and in hand54/58€17k€56k
Deferred charges and accrued income490/1€8k€5k
Equity and liabilities
Total equity and liabilities10/49€445k€401k
Equity10/15€140k€189k
Contributions10/11€20k€20k=
Reserves13€120k€169k
Tax-exempt reserves132€4k€2k
Distributable reserves133€116k€166k
Amounts payable17/49€305k€212k
Amounts payable after more than one year17€121k€104k
Financial debts170/4€121k€104k
Amounts payable within one year42/48€183k€109k
Current portion of amounts payable after more than one year42€20k€17k
Trade debts44€80k€48k
Suppliers440/4€80k€48k
Taxes, remuneration and social security45€35k€36k
Taxes450/3€14k€15k
Remuneration and social security454/9€20k€21k
Other amounts payable47/48€48k€7k
Accrued charges and deferred income492/3€2k-
Income statement Code20242025
Remuneration, social security and pensions62€262k€281k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€25k
Other operating charges640/8€3k€3k
Gross operating margin9900€409k€387k
Operating profit (loss)9901€116k€78k
Financial income75/76B€207€713
Recurring financial income75€207€713
Financial charges65/66B€10k€6k
Recurring financial charges65€10k€6k
Profit (loss) for the period before taxes9903€107k€73k
Income taxes67/77€30k€22k
Profit (loss) for the period9904€76k€51k
Transfer from tax-exempt reserves789€1k€1k=
Profit (loss) for the period to be appropriated9905€78k€52k
Appropriation of the result
Profit (loss) to be appropriated9906€78k€52k
Transfer from equity791/2€13k-
Transfer to equity691/2€60k€50k
To other reserves6921€60k€50k
Profit to be distributed694/7€31k€2k
Return on contributions (dividend)694€31k€2k

The notes to these accounts (11 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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Equity above €150kEq €189k ▲35%
5 profitable years in a row build equity to €189k.
15-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €76k ▲250%
Operating result €116k, net result €76k, both a record.
31-12
Financial Equity above €100kEq €140k ▲47.8%
4 profitable years in a row build equity to €140k.
20-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
13-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
13-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €18k
Net result €18k after one loss-making year.
31-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet €-5k ▼157%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
18-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
09-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
08-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
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, Waasmunster · 2 establishment units since 2017
establishment All 2 establishment units 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.

Podtsmeulen 369250 Waasmunster
Ground area
511 m²
Building footprint
337 m²
Volume, LiDAR
1,743 m³
2 parcels, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
GOOSSENS ELEKTRICITEITSWERKEN
Podtsmeulen 36, 9250 WaasmunsterGeneral electrical installation work
since 20172.263.628.820
GOOSSENS ELEKTRICITEITSWERKEN
Kerkstraat 79, 9250 WaasmunsterGeneral electrical installation work
since 20202.299.649.868
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42342C0479/00A004 Flanders 270 m² 1 · 95 m² 2.2 m
42342C1007/00Y000
ProtectedTownscape or village viewDorpskom WaasmunsterSource ↗
Flanders 241 m² 1 · 241 m² 9.8 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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 (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Public money · subsidies and aid

Flemish government

2022 to 2023 · 2 entries · 423 EUR awarded · 423 EUR paid
Year Entries awardedpaid
2023 1 246 EUR246 EUR
2022 1 177 EUR177 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 423 EUR · 423 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 8,346 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded12-04-2017
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
46180Agents specialised in the wholesale of other particular products
46643Wholesale of electrical equipment, including installation materials
47540Retail sale of electrical household appliances
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

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