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GOOVAERTS

Active
Private limited companyfounded 1979active for 47 yearsKluitingstraat 72, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0419.702.172
Summary

GOOVAERTS has been active since 1979 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €77,001 and a net result of €23,452. Equity has been shrinking by about 4.6% per year since 2018. Its solvency ranks better than 45% of 1,318 sector peers (NACE 42, financial year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 31-08-1979 Normal situation
Activity
Construction of roads and motorways NACE 42110
Establishment unit
2.016.852.803 1800 Vilvoorde, since 17-09-1979
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board

Financial position

56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2024
Gross margin
€79,504
▲ 360%
Turnover
≈ €240,000
estimated
Profit
€23,452
Equity
€77,001
▲ 43.8%
Total assets
€187,573
▲ 0.2%
  • 2025 accounts not filed, 94 days past the deadline
Filed on 14-10-2025
Score breakdownraises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed on 14-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 75 days late; 1 of the last 3 accounts latelowers riskFounded in 1979Liquidity: current ratio 1.03, cash €55,023Show the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 62% of micro companies in civil engineering (NACE 42)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Strong
Solvency 66+12
equity 41.1% of total assets
Liquidity 56+29
short-term debt 58.9% · cash 29.3%
Profitability 84+22
return on assets 12.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (1,867 companies, NACE 42, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.5%▲ +0.2 percentage points vs 07-2025 09-2025: 0.6%▲ +0.1 percentage points vs 08-2025 10-2025: 0.8%▲ +0.2 percentage points vs 09-2025highest value 11-2025: 0.2%▼ -0.6 percentage points vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.6%▲ +0.2 percentage points vs 09-2026 11-2026: 0.6%● unchanged vs 10-2026
Credit of up to €4,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is tight, with a current ratio of 1.03 (0.75 in 2023), below the usual 1.5. Short-term debt is 58.9% and cash 29.3% of total assets. 58.9% of the assets are financed with debt and provisions.
Calculation

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 (NACE 42, micro). It does better than 47% of them on solvency, 59% on liquidity, 65% on profitability and 78% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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Signals

Seven signals.
lowers riskraises risk
lowers risk · Founded in 1979
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Figures for financial year 2024 (filed on 14-10-2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.03, cash €55,023
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 75 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €77,001
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 94 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline02-11-2026 today
raises risk · 2024 accounts filed 75 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-10-2025, 75 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
75 days late
2023
37 days early
2022
on the day
2021
19 days late
2020
31 days late
2019
14 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 17 days after the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 3rd oldest company in Vilvoorde, Construction sectorin the Checked rankings No. 3 View

Recent changes

  1. · Gazette deed Resignations: GOOVAERTS Guillaume (director) and GOOVAERTS Gui (director)Reappointment: GOOVAERTS Gui (director)
All 14 events

Comparable companies

These companies have the same main activity as GOOVAERTS: construction of roads and motorways (NACE 42110). They are comparable in size and age: total assets between €110,000 and €293,000, founded between 1968 and 1992.

CompanyTotal assetsGross margin
GOOVAERTS Vilvoorde€187,573€79,504
Canivet frères Saint-Ghislain€213,452€84,525
ACWEBO Lier€180,393€78,252
T.M.C.- TENNIS, MAINTENANCE ET CONSTRUCTION Anderlecht€109,741€80,177
BACKAERT-DE COCK Aalst€293,251€84,417
V.H.V. Tielt€270,101€91,623
Grondbewerking Van Den Bosch en Compagnie Wommelgem€292,976€97,646
Full comparison

Key facts about GOOVAERTS

What is the company number of GOOVAERTS?
The company number of GOOVAERTS is 0419.702.172. The VAT number is the same number with BE in front: BE 0419.702.172.
Where is GOOVAERTS based?
The registered office is at Kluitingstraat 72, 1800 Vilvoorde.Company details
What does GOOVAERTS do?
According to the KBO register, the main activity is construction of roads and motorways (NACE 42110).
What is the legal form of GOOVAERTS?
The legal form of GOOVAERTS is Private limited company (BV).
When was GOOVAERTS founded?
GOOVAERTS was founded on 31-08-1979.
Is GOOVAERTS still active?
Yes, GOOVAERTS is an active enterprise in the KBO register.
What is the turnover of GOOVAERTS?
The turnover in financial year 2024 is ≈ €240,000. This figure is estimated from the gross margin of €79,504 and 2,678 comparable companies of the same size. It probably lies between €160,000 and €410,000. It is a rough estimate.Financials
Is GOOVAERTS profitable?
In financial year 2024, GOOVAERTS made a profit of €23,452.
Where can I find the annual accounts of GOOVAERTS?
GOOVAERTS filed 45 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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