GOVANES
ActiveGOVANES has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €696k and a net result of €64k. Equity is growing by ~13.3% per year across the filed fiscal years. Its solvency ranks better than 58% of 16527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-4
Solvency96▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 3.32 against 3.07 in 2024; short-term debt: 21.4% and cash: 30.5% of total assets), and 28.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
71.2%
Return on assets
6.6%
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
29 d late
2023
30 d late
2022
on the day
2021
31 d late
2020
60 d late
2019
7 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€696k▲ 10.1%
2024 · €632k
2018: €329k
2019: €317k
2020: €311k
2021: €487k
2022: €485k
2023: €538k
2024: €632k
2018 → 2025
Total assets
€978k▲ 5.7%
2024 · €926k
2018: €681k
2019: €647k
2020: €614k
2021: €783k
2022: €773k
2023: €776k
2024: €926k
2018 → 2025
Net result
€64k▼ 31.8%
2024 · €94k
2018: €-17k
2019: €-12k
2020: €-6k
2021: €176k
2022: €-2k
2023: €53k
2024: €94k
2018 → 2025
Working capital
€487k▲ 14.2%
2024 · €426k
2018: €-136k
2019: €-145k
2020: €-150k
2021: €349k
2022: €340k
2023: €383k
2024: €426k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€487k-€485k▼ 0.4%€538k▲ 11.0%€632k▲ 17.5%€696k▲ 10.1%
Operating result€179k-€2k▼ 99.1%€59k▲ 3,374%€148k▲ 153%€104k▼ 29.9%
Net result€176k-€-2k€53k€94k▲ 76.7%€64k▼ 31.8%
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 30% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €978k
Fixed assets
€282k▼ 4.0%
Current assets
€697k▲ 10.1%
Equity and liabilities €978k
Equity
€696k▲ 10.1%
Debt
€282k▼ 3.9%
The debt ratio falls from 31.7% to 28.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€122k▼
2024 · €161k
Cash flow
€82k▼
2024 · €107k
Solvency
71.2%▲
2024 · 68.3%
Current ratio
3.32▲
2024 · 3.07
Quick ratio
3.32▲
2024 · 3.07
Debt / equity
0.41▼
2024 · 0.46
ROE
9.2%▼
2024 · 14.9%
ROA
6.6%▼
2024 · 10.2%
Interest coverage
8.42▼
2024 · 10.07
Debt
€282k▼
2024 · €294k
Debt ≤ 1 year
€210k▲
2024 · €206k
Debt > 1 year
€72k▼
2024 · €88k
Income taxes
€27k▼
2024 · €40k
Staff costs
€68k▲
2024 · €35k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€926k€978k▲
Fixed assets21/28€293k€282k▼
Intangible fixed assets21€3k€3k▼
Tangible fixed assets22/27€290k€279k▼
Land and buildings22€248k€241k▼
Plant, machinery and equipment23-€6k
Furniture and vehicles24€43k€33k▼
Current assets29/58€633k€697k▲
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€8k€21k▲
Trade receivables40€6k€18k▲
Other amounts receivable41€2k€3k▲
Current investments50/53€372k€374k▲
Cash at bank and in hand54/58€250k€298k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€926k€978k▲
Equity10/15€632k€696k▲
Contributions10/11€469k€469k=
Reserves13€151k€215k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€151k€215k▲
Profit (loss) carried forward14€12k€12k=
Amounts payable17/49€294k€282k▼
Amounts payable after more than one year17€88k€72k▼
Financial debts170/4€88k€72k▼
Amounts payable within one year42/48€206k€210k▲
Current portion of amounts payable after more than one year42€15k€15k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€2k€8k▲
Suppliers440/4€2k€8k▲
Taxes, remuneration and social security45€7k€14k▲
Taxes450/3€1k€6k▲
Remuneration and social security454/9€5k€8k▲
Other amounts payable47/48€182k€172k▼
Income statement
Code20242025
Remuneration, social security and pensions62€35k€68k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€18k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€198k€191k▼
Operating profit (loss)9901€148k€104k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€16k€14k▼
Recurring financial charges65€16k€14k▼
Profit (loss) for the period before taxes9903€134k€91k▼
Income taxes67/77€40k€27k▼
Profit (loss) for the period9904€94k€64k▼
Profit (loss) for the period to be appropriated9905€94k€64k▼
Appropriation of the result
Profit (loss) to be appropriated9906€106k€76k▼
Profit (loss) brought forward from the previous period14P€12k€12k=
Transfer to equity691/2€94k€64k▼
To other reserves6921€94k€64k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
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
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €53k
Net result €53k after one loss-making year.
31-12
Financial
Equity above €500kEq €538k ▲11%
Equity rises from €485k to €538k.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €176k
Net result €176k after 3 loss-making years.
31-12
Financial
Liquidity times 66current ratio 3.13
Current ratio from 0.05 to 3.13.
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Ternat · 1 establishment unit since 2006
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.
Esdoornstraat 81742 TernatGround area
212 m²
Building footprint
93 m²
Volume, LiDAR
484 m³
Parcel 23071C0690/00G003, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GOVANES
since 20062.151.421.396
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23071C0690/00G003 | Flanders | 212 m² | 1 · 93 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 4,380 EUR awarded · 4,380 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 4,380 EUR | 4,380 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
MINDMED
BE 0895.776.984
Beernem · Eq €686k
Stephan De Bruyne, psychiater
BE 0836.109.514
Mechelen · Eq €664k
Dr. D. Steenssens, psychiater
BE 0848.080.403
Elsene · Eq €748k
Club Andre Baillon
BE 0409.289.718
Liège · Eq €763k
DOKTER PHILIPPE SNAUWAERT
BE 0473.703.854
Grimbergen · Eq €605k
Of 5,524 companies in sector 86931 we hold annual accounts for 550. 193 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-01-2006
Fiscal year end31-12
Activities, NACEBEL
86904Human health activities
86931Psychology services
47120Other non-specialised retail sale
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.